Page 210 - Latest Updates on Lockdown
Coronavirus: India overtakes Iran in cases, becomes 10th most affected
Coronavirus live updates: Globally, over 5,400,000 people infected by coronavirus so far. India's total number of Covid 19 cases is 138,041. Stay tuned with Business Standard for updates on Covid-19
 "Coronavirus: India overtakes Iran in cases, becomes 10th most affected")
Coronavirus LIVE: Sikkim detects first case; Ahmedabad 24 deaths in a day
Coronavirus updates: Globally, 5,308,190 people have been infected by coronavirus so far. India's total number of Covid 19 cases is 125,149. Stay tuned with Business Standard for updates on Covid-19
 "Coronavirus LIVE: Sikkim detects first case; Ahmedabad 24 deaths in a day")
Bank of Maharashtra sanctioned Rs 2,789 cr in loans to MSMEs in 3 months
The bank said it was now gearing up to extend the stimulus package announced by Finance Minister Nirmala Sitharaman to restart business activities
 "Bank of Maharashtra sanctioned Rs 2,789 cr in loans to MSMEs in 3 months")
ITC set to acquire spice major Sunrise Foods for estimated Rs 2,000 crore
The share-purchase agreement was completed after lockdown was enforced and the final deal is likely to be signed soon
 "ITC set to acquire spice major Sunrise Foods for estimated Rs 2,000 crore")
Best of BS Opinion: Looking beyond the rate cut, economic package, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Looking beyond the rate cut, economic package, and more")
Lockdown 4.0: Restart risks at Maruti, Hyundai as coronavirus strikes
3 workers test positive in Hyundai, 1 in Maruti
 "Lockdown 4.0: Restart risks at Maruti, Hyundai as coronavirus strikes")
Coronavirus outbreak: Few takers for free LPG cylinders in lockdown
Assuming that each of these 68 million cylinders has gone against one connection, the lockdown relief from the government could not reach 12.3 million families with Ujjwala connections
 "Coronavirus outbreak: Few takers for free LPG cylinders in lockdown")
Covid-19 crisis: Only 46% women with Jan Dhan accounts withdrew money
The slow pace of withdrawals confirms what Reserve Bank of India Governor Shaktikanta Das stated in his monetary policy statement on Friday: 'Private consumption has suffered a precipitous decline'
 "Covid-19 crisis: Only 46% women with Jan Dhan accounts withdrew money")
It's back to business for industry, but not quite 'business as usual' yet
From high-end cars and mobiles to steel and cement, demand is rising
 "It's back to business for industry, but not quite 'business as usual' yet")
Re-evaluate the tax regime you've chosen if your salary has changed
For different income levels, there are different break-even deduction points. If you can avail of higher deductions than that, stick to the old regime
 "Re-evaluate the tax regime you've chosen if your salary has changed")
Statsguru: Value erosion in PSUs can limit govt's disinvestment target
All sectors will be opened up for private firms and PSUs will be privatised in non-strategic sectors
 "Statsguru: Value erosion in PSUs can limit govt's disinvestment target")
Maharashtra will gradually lift lockdown after May 31: Uddhav Thackeray
Maharashtra, worst-hit by the Covid-19 pandemic in India, has reported 47,190 positive cases and 1,577 fatalities as of Sunday morning
 "Maharashtra will gradually lift lockdown after May 31: Uddhav Thackeray")
Lockdown 4.0: Rural markets to sharpen focus on value items in FMCG sector
The lockdown is expected to sharpen the urban-rural divide in demand pattern of FMCG products
 "Lockdown 4.0: Rural markets to sharpen focus on value items in FMCG sector")
Covid-19 Factoid: India sees its biggest single-day jump in active cases
The share of active cases in total tally is the highest in the US, Russia and India
 "Covid-19 Factoid: India sees its biggest single-day jump in active cases")
Limited impact
Interest rate reduction may not push credit offtake
 "Limited impact")
'Govt, RBI should take more steps to revive economy'
No economic revival and reform package can please all and so, divergent views have come in regarding whether the package adequately addresses the challenges
Letter to BS: Lockdown needs to be lifted urgently to kick-start economy
The lockdown needs to be lifted with same level of urgency that was visible when the nation went about implementing it
 "Letter to BS: Lockdown needs to be lifted urgently to kick-start economy")
Letter to BS: Looting of mangoes shows how inhuman we have become
A video shows just about everyone around looting unattended crates of mangoes belonging to a fruit seller, after a fight broke out in the neighbourhood
 "Letter to BS: Looting of mangoes shows how inhuman we have become")
Letter to BS: Mindless rate cut by RBI is a step in the wrong direction
Banks may not like to give loans to financially unstable companies. A major reason is dwindling and fast-diminishing demand
SP, BSP give a miss to virtual meeting of opposition leaders called by Cong
Mayawati on Saturday said the Congress ruled the country for most of the years after independence but failed to provide jobs to people near their home, which forced them to migrate
 "SP, BSP give a miss to virtual meeting of opposition leaders called by Cong")