Page 172 - Latest Updates on Lockdown
Coronavirus LIVE: Over 5 mn RT-PCR tests conducted till June 9, says ICMR
Coronavirus latest news: The global tally of coronavirus cases stands at 7,232,313, and 409,437 people have died from the disease so far. Stay tuned for latest updates
 "Coronavirus LIVE: Over 5 mn RT-PCR tests conducted till June 9, says ICMR")
Coronavirus LIVE: Fed sees rates remaining low through 2022 amid pandemic
Coronavirus latest news: The global tally of coronavirus cases has reached 7,404,345, and 416,147 people have died from the disease so far
 "Coronavirus LIVE: Fed sees rates remaining low through 2022 amid pandemic")
Covid-19 recoveries exceed active cases in India for the first time
The total number of Covid-19 patients who had recovered stood at 135,205 as against 133,632 active cases
 "Covid-19 recoveries exceed active cases in India for the first time")
S&P doesn't do a Moody's: Retains India's sovereign rating and outlook
Now all three rating agencies, Moody's, Fitch and S&P have the lowest investment grade rating for India
 "S&P doesn't do a Moody's: Retains India's sovereign rating and outlook")
Century Textiles and Industries Q4 profit declines 44% to Rs 80 cr
The company logged a profit ofRs 142.50 crore in January-March period a year ago, Century Textiles and Industries Ltd (CTIL) said in a BSE filing.
 "Century Textiles and Industries Q4 profit declines 44% to Rs 80 cr")
Starbucks sees up to $2.2 bn hit to 3rd quarter income due to Covid-19
Starbucks projected an adjusted loss of about 55 cents to 70 cents per share for its third-quarter ending in June, and said it expects US same-store sales to drop by up to 45%
 "Starbucks sees up to $2.2 bn hit to 3rd quarter income due to Covid-19")
Fed keeps key rate at zero, projects 6.5% decline in US GDP this year
The pledge to keep monetary policy loose until the US economy is back on track repeats a promise made early in the central bank's response to the coronavirus pandemic
 "Fed keeps key rate at zero, projects 6.5% decline in US GDP this year")
Household savings may rise in Q1, then moderate, say RBI officials
May moderate in subsequent quarters, they say
 "Household savings may rise in Q1, then moderate, say RBI officials")
Covid-19 crisis: Payments fall 46% in April; ATM cash withdrawal declines
Retail payments fall 45%, card usage slips 57%
 "Covid-19 crisis: Payments fall 46% in April; ATM cash withdrawal declines")
Milk demand recovers in June after plunge in April-May, as lockdown eases
Apart from reducing supply glut, recovery is also set to cut down pressure on dairy companies that are reeling under severe financial stress
 "Milk demand recovers in June after plunge in April-May, as lockdown eases")
Inox Leisure defers FY21 capex plans, PVR to raise Rs 300 crore
Analysts have already said the April-June peroid of FY21 will be a washout since multiplexes have been shut for the duration
 "Inox Leisure defers FY21 capex plans, PVR to raise Rs 300 crore")
After a 34% surge from March low, brokerages see limited upside for markets
The flattening of the 'Covid-19 infection curve', Covid-19 impact on corporate earnings and the economic policies, they say, hold key to the market trajectory.
 "After a 34% surge from March low, brokerages see limited upside for markets")
GDP: Growth vs levels
India's GDP is unlikely to recover to its 2019-20 level until the second half of 2021-22
 "GDP: Growth vs levels")
Global natural gas demand set for biggest fall on record, says report
Consumption is set to slump by 4% this year, or twice the amount lost after the 2008 financial crisis, according to the International Energy Agency's Gas 2020 report.
 "Global natural gas demand set for biggest fall on record, says report")
States fear losing revenue once agriculture market reforms kick in
The first of a two-part series looks at why states such as Punjab, which depend on taxes levied on mandi transactions, are disgruntled
 "States fear losing revenue once agriculture market reforms kick in")
79% Indians feel Covid-19 cases will rise in next few months: Survey
Survey also shows a sizable portion of e-commerce customers are yet to place their orders
 "79% Indians feel Covid-19 cases will rise in next few months: Survey")
Covid-19 crisis: Test for steel industry as domestic demand shrinks
Shrinking domestic demand offers the industry the chance to become globally competitive
 "Covid-19 crisis: Test for steel industry as domestic demand shrinks")
Letter to BS: Lockdown has been a dark chapter for publishers, booksellers
It may be correct that the publishers and booksellers may be able to survive by switching over to the format of reading and reaching out to prospective readers
 "Letter to BS: Lockdown has been a dark chapter for publishers, booksellers")
Dharavi, HCQ & some questions
Why was the trial of the drug on Dharavi residents put on hold? What prompted the authorities to restart? What connection does the coming US election have with all this?
Not going to import locomotives now, will Make In India: GE Transportation
According to the contract signed in November 2015, we were expected to deliver 100 locomotives year-on-year for 10 years, said Sandeep Selot
 "Not going to import locomotives now, will Make In India: GE Transportation")