Page 338 - Latest Updates on Lockdown
Multiple growth levers make Cadila Healthcare attractive on the Street
HCQ supplies for Covid-19 treatment to propel US growth, even as domestic pharma and consumer businesses are in a sweet spot
 "Multiple growth levers make Cadila Healthcare attractive on the Street")
With no one to take them to mandis, most farm commodities fall below MSP
Labour shortage, transport issues and mandi closure disrupt supply. A large part of the crop hasn't been harvested and risks rotting away
 "With no one to take them to mandis, most farm commodities fall below MSP")
Market rally loses steam over fears of extended lockdown
The weak opening of the European markets and a sharp deprecation in the rupee against the dollar weighed on stock prices
 "Market rally loses steam over fears of extended lockdown")
Our Vande Mataram moment, says IndiGo as it offers relief flights for free
The airline has a fleet of 219 Airbus A320 aircraft and 25 smaller ATR-72 jets which it can use to fly food and medicines to remote areas
 "Our Vande Mataram moment, says IndiGo as it offers relief flights for free")
Covid-19 testing picks pace as pvt labs asked to take some samples for free
Asymptomatic patients, who were confined to their homes, are likely to start showing symptoms and massive testing is the only way to identify and isolate them.
 "Covid-19 testing picks pace as pvt labs asked to take some samples for free")
Establish fiscal council to scale up spending
India will have to address the big fiscal prudence challenge, which is not captured by the fiscal deficit/GDP metric
End lockdown or not?
Extending the lockdown could lead to more deaths
 "End lockdown or not?")
Focusing multilateral money
World Bank and IMF must step up to protect pvt sector, govts
 "Focusing multilateral money")
Letter to BS: Lockdown should be withdrawn in a phased manner
India is monitoring the world situation to be able to fight the highly contagious virus effectively
 "Letter to BS: Lockdown should be withdrawn in a phased manner")
Letter to BS: Improve financial literacy to overcome economic crisis
Times of crisis force us to acknowledge its importance
 "Letter to BS: Improve financial literacy to overcome economic crisis")
Police in MP to start home delivery of FIRs for violating lockdown
The government in the state has been following the lockdown rules strictly after a sharp increase in the number of Covid-19 cases
 "Police in MP to start home delivery of FIRs for violating lockdown")
Indian courts: Now available online
In a landmark order on Monday, the Supreme Court acknowledged that courts will adopt technology for court hearings even as they move back to regular functioning
State govts draw in 1.4 mn NCC cadets to fight coronavirus pandemic
Amongst those who have pressed the NCC into service is the deputy commissioner of Kangra district in HP, who has requisitioned 86 cadets to assist the police in ensuring social distancing till April 1
 "State govts draw in 1.4 mn NCC cadets to fight coronavirus pandemic")
How flights will operate after the lockdown is lifted
The Standard Operating Procedure being formulated by the DGCA will make it mandatory for airlines to keep all middle seats and the last three rows empty to minimise contact
 "How flights will operate after the lockdown is lifted")
Closures hit alcohol manufacturers; govt faces loss of Rs 700 cr a day
Excise duty on liquor is an important revenue source for states, which are not in a strong position financially at present
 "Closures hit alcohol manufacturers; govt faces loss of Rs 700 cr a day")
Around 400 mn Indians can slip deeper into poverty due to Covid-19: ILO
ILO noted that lockdowns and related business disruptions have had sudden and drastic impacts on workers and enterprises
 "Around 400 mn Indians can slip deeper into poverty due to Covid-19: ILO")
Goldman Sachs slashes India's FY21 real GDP growth forecast to 1.6%
While the fiscal easing so far has been limited, they do expect more fiscal measures by the central and the state governments.
 "Goldman Sachs slashes India's FY21 real GDP growth forecast to 1.6%")
Ganjam district's 'Dabang officer' wages multi-pronged war on Covid-19
The collector has made it a must for his staff to keep their handsets on 24x7. He surveys his area on bicycle to ensure compliance on use of masks, shop timings and cleanliness
 "Ganjam district's 'Dabang officer' wages multi-pronged war on Covid-19")
Essar Foundation to offer meals to people affected by coronavirus
The foundation has committed to provide 1.25 million meals to communities affected by the COVID-19 outbreak
 "Essar Foundation to offer meals to people affected by coronavirus")
Covid-19 cases increase to 343 in UP, 187 linked to Tablighi event
The Uttar Pradesh government will strictly implement the lockdown in the hotspots located across the 15 districts in the state