Page 237 - Latest Updates on Lockdown
Best of BS Opinion: Fiscal Stimulus 2.0, Covid-19 outbreak, and more
Here's a selection of Business Standard opinion pieces of the day
 "Best of BS Opinion: Fiscal Stimulus 2.0, Covid-19 outbreak, and more")
Priyanka Gandhi urges UP CM to press 20,000 Roadways buses into service to bring back labourers
The Congress leader also appealed to the police that they should not use force against the labourers
 "Priyanka Gandhi urges UP CM to press 20,000 Roadways buses into service to bring back labourers")
PM Modi interacts with Bill Gates, discusses global response to COVID-19
The PM sought suggestions from Gates, who is co-chair, Bill & Melinda Gates Foundation, on how India's capacities and capabilities could be better leveraged for the general benefit of the world
 "PM Modi interacts with Bill Gates, discusses global response to COVID-19")
Indian Railways to start issuing waiting list tickets in special trains
Earlier, the Railways said that no waiting list tickets will be booked and passengers with confirmed tickets will be allowed to board the train
 "Indian Railways to start issuing waiting list tickets in special trains")
Govt refashions 'One Nation One Ration Card' as relief measure for migrants
Critics said the measure was unlikely to have any impact on migrant workers as most don't have their ration cards with them.
 "Govt refashions 'One Nation One Ration Card' as relief measure for migrants")
A lot more needs to be done
While the measures over the last two days focus on some of the structural changes, the economy is now looking forward to steps that would lead to an increase in demand
Open public transport, shops, offices in lockdown 4.0: Delhi to Centre
After crowdsourcing ideas on how much curbs should remain to tackle the spread of coronavirus while restarting the economy, CM Arvind Kejriwal on Thursday submitted the state government's suggestions
 "Open public transport, shops, offices in lockdown 4.0: Delhi to Centre")
India inches closer to China in Covid-19 cases, tally reaches 78,003
According to the health ministry data, India added 3,722 new cases in a day, taking the tally to 78,003 as of Thursday morning. As many as 26,235 patients have been cured.
 "India inches closer to China in Covid-19 cases, tally reaches 78,003")
Digital queues to virtual trial rooms: Retail's answer to Covid-19
From digital queues to virtual trial rooms, retail stores are adopting new technologies to adapt to the post-Covid world, reports Sai Ishwar
 "Digital queues to virtual trial rooms: Retail's answer to Covid-19")
Virus of cyber fraud rises with Covid
The ranks of cyber criminals will rise as many unemployed people with internet connections may be desperate enough to attempt cyber-crimes
Meet architects of Aarogya Setu, the app meant to stem Covid-19 spread
Bibhu Ranjan Mishra on the tech wizards behind the mobile app that's meant to contain the spread of Covid-19
 "Meet architects of Aarogya Setu, the app meant to stem Covid-19 spread")
Stimulus 2.0: Banks will monitor solvency, guarantees cool credit risk fear
While the issue of providing liquidity to existing borrowers who are sapped of revenues has been addressed, banks will have to undertake due diligence on the solvency of units, said bankers.
 "Stimulus 2.0: Banks will monitor solvency, guarantees cool credit risk fear")
Mutual funds make limited borrowing from Reserve Bank's credit lines
Experts say fund houses preferred to sell bonds to banks, instead of borrowing
 "Mutual funds make limited borrowing from Reserve Bank's credit lines")
Life after lockdown: Ramping up isn't easy with curbs, labour shortages
The first of a three-part series looks at how manufacturing units are gearing up to the new normal
 "Life after lockdown: Ramping up isn't easy with curbs, labour shortages")
Stock markets fall sharply as stimulus package fails to lift sentiment
The benchmark indices fell nearly 3% on Thursday, erasing all the gains made a day earlier on optimism over the Rs 20-trillion rescue package announced by the government
 "Stock markets fall sharply as stimulus package fails to lift sentiment")
RBI may have to monetise Rs 7 trn of stimulus, says Bank of America
Of the nearly 10% of GDP worth stimulus, 7.3 percentage points of it can be funded through many means, it said
 "RBI may have to monetise Rs 7 trn of stimulus, says Bank of America")
Covid-19 has created deflationary conditions, says CEA Subramanian
He also said that a good part of the Rs 20 trillion stimulus package is designed in a manner that the fiscal deficit remains under control.
 "Covid-19 has created deflationary conditions, says CEA Subramanian")
Govt to switch Rs 30,000 crore of bonds for longer tenure securities
Such switches happen to enable the government repay the loans at a later date to ease the strain on the exchequer in the immediate term.
 "Govt to switch Rs 30,000 crore of bonds for longer tenure securities")
Covid-19 impact: Centre releases truncated WPI inflation data for April
Reports 10.12% deflation in fuel, power basket
 "Covid-19 impact: Centre releases truncated WPI inflation data for April")
Unable to pay rent amid lockdown? Here are steps to tide over woes
Negotiate or request your landlord to adjust rent against security deposit, if it is sizeable
 "Unable to pay rent amid lockdown? Here are steps to tide over woes")