Page 161 - Latest Updates on Lockdown
Empty skies, emptier flights: Flying on coronavirus-clipped wings
Domestic air passenger traffic declined 43.39 year-on-year during the January-May period
 "Empty skies, emptier flights: Flying on coronavirus-clipped wings")
Covid-19: Hilton to cut workforce by 22%, sack 2,100 employees globally
Hilton's announcement comes as the hotel industry has been among the worst hit by the pandemic
 "Covid-19: Hilton to cut workforce by 22%, sack 2,100 employees globally")
A slew of health and wellness products to be rolled out soon: ITC's Sumant
B Sumant, executive director, ITC, tells that the company has always been 'vocal for local'
 "A slew of health and wellness products to be rolled out soon: ITC's Sumant")
Time for a testing strategy
Private sector must also step up and contribute to effort
 "Time for a testing strategy")
How the shift in purchase behaviour calls for an overhaul in branding
As consumers make the slow march to normalcy, brands will be forced to rethink their category presence, purpose, and pricing strategies
 "How the shift in purchase behaviour calls for an overhaul in branding")
Dexamethasone lowers deaths by one-third in severe Covid-19 patients: Study
The RECOVERY trial included over 11,500 patients, enrolled from more than 175 hospitals in the UK, noted a statement by the University of Oxford
 "Dexamethasone lowers deaths by one-third in severe Covid-19 patients: Study")
Covid-19: Kejriwal takes stock of preparations to ramp up bed strength
Arvind Kejriwal on Tuesday visited Surya Hotel, which has temporarily been converted into a Covid-19 facility
 "Covid-19: Kejriwal takes stock of preparations to ramp up bed strength")
Imperial College London begins human trials of new Covid-19 vaccine
As part of the trial, 300 healthy participants will receive two doses of the vaccine over the coming weeks
 "Imperial College London begins human trials of new Covid-19 vaccine")
Covid-19 situation in the country worsening with each passing day: SC
The top court's observation came while hearing a criminal case in which the accused Jagjit Singh Chahal has sought extension of his parole ending next month
 "Covid-19 situation in the country worsening with each passing day: SC")
After 10 days, Chennai reports less than 1,000 Covid-19 cases on Tuesday
Tamil Nadu state as a whole reports 1,515 new infections, taking total tally to 48,019
 "After 10 days, Chennai reports less than 1,000 Covid-19 cases on Tuesday")
Textile exports plunge 73% in Apr-May on domestic, overseas lockdowns
The sharp decline has impacted entire value chain of cotton farmers, ginners, spilling mills, fabric makers and textile and apparel producers
 "Textile exports plunge 73% in Apr-May on domestic, overseas lockdowns")
Lockdown woes: Mining shrinks 27%, manufacturing falls 64% in April
Industries such as vehicles, furniture, leather, tobacco, electrical equipment and fabricated metals recorded a contraction of more than 90 per cent during the month
 "Lockdown woes: Mining shrinks 27%, manufacturing falls 64% in April")
Dry fruit prices fall 20% on low demand due to lockdown, US-China tensions
According to traders, the highest decline in dry fruits has come in almonds, cashew and pistachios. There is not much difference in the price of other nuts like walnuts, figs, raisins
 "Dry fruit prices fall 20% on low demand due to lockdown, US-China tensions")
World coronavirus dispatch: Foreign direct investment to plunge 40%
Richest soccer league is back, Oscars delayed until April, and Travis Perkins to slash 2,500 jobs
India coronavirus dispatch: What are the prospects for a second wave?
Consequences of lifting lockdown, bridging the gulf with West Asia, and how job portals are up-grading to help laid-off staff-roundup of news in Indian publications on how India is handling Covid-19
 "India coronavirus dispatch: What are the prospects for a second wave?")
Stop profiteering from misery of poor: Rahul to PM Modi on fuel price hike
He also asked the prime minister to put money in the hands of the poor and middle class during the current crisis due to the coronavirus pandemic.
 "Stop profiteering from misery of poor: Rahul to PM Modi on fuel price hike")
With over 600,000 jobs lost, UK unemployment worse than Great Depression
The actual spike in unemployment would have been much higher were it not for the British govt's Job Retention Scheme, which has been paying a high proportion of the salaries of nearly 9 mn people
 "With over 600,000 jobs lost, UK unemployment worse than Great Depression")
This techie's virtual fitness platform sees no slowdown despite lockdown
Pune-based Fittr is a lean start-up that has built strong IT infra and robust internal systems which have helped it thrive when many of its peers are in trouble
 "This techie's virtual fitness platform sees no slowdown despite lockdown")
Bridge To India cuts solar, wind power capacity addition outlook to 35 Gw
The consultancy further noted that the sector was already grappling with a series of vexatious issues over the last few years
 "Bridge To India cuts solar, wind power capacity addition outlook to 35 Gw")
Advance tax collection falls 31% in Q1, corporation tax mop-up down 79%
Gross direct tax collection fell a full 31% to Rs 1,37,825 crore in the first quarter of FY21
 "Advance tax collection falls 31% in Q1, corporation tax mop-up down 79%")