Page 251 - Latest Updates on Lockdown
IT firms to continue hiring freshers despite coronavirus pandemic
The move is likely to help in containing costs by improving the employee pyramid; lateral hiring likely to be on need-basis
 "IT firms to continue hiring freshers despite coronavirus pandemic")
With economic activity in deep freeze, truckmakers wait for signs of thaw
Balance-sheet squeeze makes purchase of trucks impractical, they say
 "With economic activity in deep freeze, truckmakers wait for signs of thaw")
MP labour law changes: Relaxed licence norms for contract workers
Recognition of trade unions for collective bargaining no longer possible for key industrial sectors
 "MP labour law changes: Relaxed licence norms for contract workers")
Lockdown 3.0: Elders going big on e-commerce and use of digital wallet
The survey took feedback from 3,737 respondents in cities including Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune and Ahmedabad
 "Lockdown 3.0: Elders going big on e-commerce and use of digital wallet")
Covid-19 Factoid: Rajasthan has best recovery rate among 5 worst-hit states
Russia has become the fifth country to report more than 200,000 Covid-19 cases; it took just 10 days to double its tally from 100,000 to 200,000
 "Covid-19 Factoid: Rajasthan has best recovery rate among 5 worst-hit states")
Why lending to MSMEs makes business sense
A large section of MSMEs is creditworthy and micro retail borrowers' cash flow allows them to repay bank loans fast
 "Why lending to MSMEs makes business sense")
Letter to BS: Centre, state govts are oblivious to migrant workers' woes
Letter to BS: Centre, state govts are oblivious to migrant workers' woes
 "Letter to BS: Centre, state govts are oblivious to migrant workers' woes")
Political slugfest breaks out in UP over migrant workers' return
All the major opposition parties - the Samajwadi Party, Bahujan Samaj Party, and Congress - have upped the ante against the Adityanath dispensation
 "Political slugfest breaks out in UP over migrant workers' return")
What the lockdown has accomplished
It has slowed down the spread of infections; air and water pollution have also come down
 "What the lockdown has accomplished")
Railways to gradually restart passenger train operations from May 12
Booking for reservation in these 15 pair of trains will start at 4 pm on May 11
 "Railways to gradually restart passenger train operations from May 12")
Grand announcements
Executing road projects worth Rs 15 trillion in two years will be a tall order
Markets looking forward to bailout
But the currency could take a hit if rating agencies respond unfavourably
Keep office going under lockdown via video conference on phone or laptop
Cost-effective video-conferencing tools are enabling team discussions and client meetings
 "Keep office going under lockdown via video conference on phone or laptop")
Lockdown: UP tops influx chart with 215 trains ferrying 230,000 migrants
57 more trains en route; 200 additional trains slated to come in 2-3 days
 "Lockdown: UP tops influx chart with 215 trains ferrying 230,000 migrants")
Combined Centre and state fiscal deficit may go up to 14%, says Subbarao
The former RBI governor also says that the Centre's current fiscal stimulus is not sufficient
 "Combined Centre and state fiscal deficit may go up to 14%, says Subbarao")
Covid-19 put schools in a tight spot but this chain in Lucknow was ready
How Lucknow's City Montessori Schools managed to offer comprehensive online education to its 57,000 students during the Covid-19 crisis
 "Covid-19 put schools in a tight spot but this chain in Lucknow was ready")
Lockdown: UP labour reforms will spur investment, create jobs: MSMEs
MSME chamber IIA urges labour unions to support these relaxations
 "Lockdown: UP labour reforms will spur investment, create jobs: MSMEs")
Over 360,000 migrants ferried in 350 Shramik trains so far: Railways
While 263 trains have already reached their destinations, 87 are still on the run. Forty-six more trains are in the pipeline
Covid-19 lockdown: Titan reopens its Tamil Nadu plant with 30% workforce
However, the company says it does not have the urgency to begin production in the factory, but bring back the rhythm of the manufacturing unit.
 "Covid-19 lockdown: Titan reopens its Tamil Nadu plant with 30% workforce")
World coronavirus dispatch: How safe is it to go to a coffee shop?
Germany gets a respite while Brazil emerges as a hotspot, and gyms open in Beijing
 "World coronavirus dispatch: How safe is it to go to a coffee shop?")