Page 223 - Latest Updates on Lockdown
Will remain at Agra border with buses until UP govt allows to move: Cong
UP Police said that the buses deployed by the Congress party did not have any permit which is required amid the lockdown for inter-state movement
 "Will remain at Agra border with buses until UP govt allows to move: Cong")
Coronavirus LIVE: Global carbon emissions fall 17% during pandemic peak
Coronavirus LIVE updates: Know lockdown guidelines in Maharashtra, Delhi, Tamil Nadu and other states. Stay tuned with Business Standard for updates on Covid-19 cases and death toll across the world
 "Coronavirus LIVE: Global carbon emissions fall 17% during pandemic peak")
Best of BS Opinion: Fiscal math of imponderables, power reforms, and more
Here's a selection of Business Standard Opinion pieces for the day
 "Best of BS Opinion: Fiscal math of imponderables, power reforms, and more")
Turn on the lights: Non-essential retail back as govt eases lockdown norms
Barring Mumbai, shops across other key metros reopen
 "Turn on the lights: Non-essential retail back as govt eases lockdown norms")
Railways to operate 200 non-AC passenger trains daily from June 1
The Railways informed that bookings will be completely online and shall commence in a few days time
 "Railways to operate 200 non-AC passenger trains daily from June 1")
Covid-19 crisis: Govt considers regulating air-ticket prices after lockdown
The govt's move has divided the industry with executives of airlines and experts suggesting that government's intervention in pricing will be counterproductive
 "Covid-19 crisis: Govt considers regulating air-ticket prices after lockdown")
India's Covid-19 count crosses 100,000, sample testing at a new high
Country currently has 58,802 active cases, of whom 2.9% are in ICU; So far, 39,174 patients have been cured
 "India's Covid-19 count crosses 100,000, sample testing at a new high")
Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman
Calling her stint as FM during the pandemic "the most challenging assignment yet", Sitharaman said she was not upset with the criticism that the recent stimulus package was too little
 "Door open for stimulus 6.0; govt with industry: FM Nirmala Sitharaman")
Second wave of Covid-19 biggest tail risk for markets: BofA Securities
Despite the sharp recovery seen since March lows, 68 per cent of the fund managers surveyed believe that equities are in a bear market rally.
 "Second wave of Covid-19 biggest tail risk for markets: BofA Securities")
Govt to further revise criteria for MSME definition, says Nitin Gadkari
Unveiling the contours of the Rs 20-trillion stimulus package, Finance Minister Nirmala Sitharaman had last last week announced a change in the definition of MSMEs
 "Govt to further revise criteria for MSME definition, says Nitin Gadkari")
Financial firms' clout wanes after coronavirus-triggered market fall
During the start of the year, private banks alone accounted for a fourth of the index weight
 "Financial firms' clout wanes after coronavirus-triggered market fall")
Gold snaps seven-day rising streak, sheds 2.2% on profit booking
Appreciation of rupee versus dollar also helped gold price fall. But outlook remains bullish as metal continues to have safe haven appeal
 "Gold snaps seven-day rising streak, sheds 2.2% on profit booking")
Non-basmati exporters see opportunity amid Covid-19 as crops fail elsewhere
They are looking to tap exports in Africa, South East Asia as paddy crop in Tahiland and Vietnam fails, other exporting nations maintain buffer stocks
 "Non-basmati exporters see opportunity amid Covid-19 as crops fail elsewhere")
Moratorium to strain NBFC liquidity even further, bad debts to rise
These firms operate with very little short-term liquidity, which can become even more strained as customers start defaulting even after the moratorium
 "Moratorium to strain NBFC liquidity even further, bad debts to rise")
Congress calls opposition meet on migrants' plight, changes in labour laws
So far, 17 parties have agreed to take part in the meeting via video-conferencing, but the SP and the BSP are yet to confirm their attendance.
 "Congress calls opposition meet on migrants' plight, changes in labour laws")
Covid-19 lockdown: After April shock, drug sales improve in May
Till May 15, the overall inventory was 39 days, compared to 43 days in first half of the previous month
 "Covid-19 lockdown: After April shock, drug sales improve in May")
CBI issues alert to states, UTs on Cerberus that hits mobile phones
A banking Trojan known as Cerberus is used by cybercriminals internationally and it is taking advantage of the novel coronavirus pandemic
 "CBI issues alert to states, UTs on Cerberus that hits mobile phones")
India's Covid-19 cases rising at fastest pace in Asia as govt eases curbs
India is now among the nations worst hit by the epidemic, with a 28 per cent increase in cases since last week according to Bloomberg's Coronavirus Tracker.
Most essentials coming from local retailers; availability via e-com dips
With the commencement of lockdown 4.0, a plethora of relaxations has been announced by the Ministry of Home Affairs (MHA)
 "Most essentials coming from local retailers; availability via e-com dips")
ITC resumes cigarette manufacturing, distribution after over a month
It is learnt that ITC has five cigarette manufacturing plants across Kolkata, Munger, Saharanpur, Ranjangaon and Bangalore
 "ITC resumes cigarette manufacturing, distribution after over a month")