Page 221 - Latest Updates on Lockdown
Covid-19 crisis: World Bank to rescue with $160-billion aid to 100 nations
'Covid, shutdown may push as many as 60 mn people into extreme poverty'
 "Covid-19 crisis: World Bank to rescue with $160-billion aid to 100 nations")
Finance Ministry cautiously optimistic about economic revival in late FY21
In its macroeconomic report, the finance ministry did not reveal its projections for 20120-21
 "Finance Ministry cautiously optimistic about economic revival in late FY21")
Hit by Covid-19, JSW Steel seeks time to pay for Bhushan Power purchase
As steel prices crash, firm facing winner's curse with Rs 19,700-cr acquisition
 "Hit by Covid-19, JSW Steel seeks time to pay for Bhushan Power purchase")
Sebi shifts to NCL building as another staffer tests coronavirus-positive
Earlier, Sebi is learnt to have asked those who came in close contact with the official who has tested positive to go on a 14-day quarantine
 "Sebi shifts to NCL building as another staffer tests coronavirus-positive")
Global merchandise trade volumes likely to nosedive in H1, says WTO
The global body's goods trade barometer (GTB) on Wednesday hinted at further weakening of trade volumes in H2CY20.
 "Global merchandise trade volumes likely to nosedive in H1, says WTO")
Centre considers market borrowing for GST compensation to states
Raising GST rates or rationalisation of tax slabs may be discussed by the GST Council in the next meeting to be scheduled early next month.
 "Centre considers market borrowing for GST compensation to states")
Exports help offset domestic woes as Bajaj Auto pre-tax profit falls 8%
The Rajiv Bajaj-led company remains optimistic of the road ahead even as the lock down due to the Covid-19 pandemic has crippled the economy
 "Exports help offset domestic woes as Bajaj Auto pre-tax profit falls 8%")
Cash transfer is easier on paper than in reality: Expenditure Secy
In a Q&A, T V Somanathan says govt's actions aren't driven by any fear of a ratings downgrade; what migrants needed more than cash transfers is free food, which the Centre provided
 "Cash transfer is easier on paper than in reality: Expenditure Secy")
Analysts willing to give India Inc long rope amid Covid-19: IiAS survey
Voting advisory firm Institutional Investor Advisory Services surveyed 'sell-side' analysts to get a sense of their views on various governance practices in the current environment
 "Analysts willing to give India Inc long rope amid Covid-19: IiAS survey")
Brands playing with catch phrases to turn most popular trends into ads
From immunity-boosting capabilities to talking up local credentials, rapidly evolving taglines reflect changing advertising narratives
 "Brands playing with catch phrases to turn most popular trends into ads")
Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses
The attrition is in line with the process we follow every year, says company
 "Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses")
Covid-19 impact: ShareChat sacks 101 employees amid market uncertainties
In an email to employees, the Twitter-backed platform outlined steps it is taking to 'become leaner and position the company better for the future'
 "Covid-19 impact: ShareChat sacks 101 employees amid market uncertainties")
Edtech firms make hay amid Covid-19 as blended learning becomes new normal
They are betting on blended learning being the new normal in the post-Covid world, thanks to a more receptive and savvier customer emerging from the crisis
 "Edtech firms make hay amid Covid-19 as blended learning becomes new normal")
Relief for home buyers as subsidy for middle-income group gets extension
The Credit Linked Subsidy Scheme will reduce your outstanding loan amount, and hence EMIs, right from the start of the loan tenure
 "Relief for home buyers as subsidy for middle-income group gets extension")
UPSC to declare new dates for civil services prelims exam on June 5
The test, which was scheduled to be held on May 31, has been deferred due to the Covid-19 lockdown.
 "UPSC to declare new dates for civil services prelims exam on June 5")
When perception is reality
A deft, economically sensible policy maneuver puts PM Modi's political capital at risk
Rationale behind the package
Govt seems to be preserving some firepower
 "Rationale behind the package")
Bihar election not forgotten: Nadda holds talks with top BJP leaders
ihar Deputy Chief Minister Sushil Kumar Modi, former agriculture minister Radha Mohan Singh, Rajya Sabha MP Bhupender Yadav, and some others attended the conference
 "Bihar election not forgotten: Nadda holds talks with top BJP leaders")
Covid-related disclosures by Indian companies
While filing their financial results for FY20, corporations should adequately address the Covid-19 related concern and its impact on asset quality
 "Covid-related disclosures by Indian companies")
Cement companies face hard truths as revival looks tough due to Covid-19
Manufacturers in India and China were anticipating growth on the back of an infrastructure splurge. The pandemic has forced them to cut back, and revival this year looks tough
 "Cement companies face hard truths as revival looks tough due to Covid-19")