Page 364 - Latest Updates on Lockdown
JPMorgan says the market rout is probably past its worst now
Coronavirus infection rates remain a 'wild card' as they remain high even if they're 'slowing' in the US and Europe
 "JPMorgan says the market rout is probably past its worst now")
IndusInd Bank updates analysts on coronavirus impact, bad loans scenario
The bank said credit costs likely to rise by 200-210 bps, targeting 60% provision cover, deposits down by 10-11% in March quarter
 "IndusInd Bank updates analysts on coronavirus impact, bad loans scenario")
Sebi defers key market reforms due to disruption caused by pandemic
The regulation was aimed at increasing voting participation and improving corporate governance standards
 "Sebi defers key market reforms due to disruption caused by pandemic")
Sebi eases norms for rating agencies amid disruptions caused by Covid-19
The relaxation is being given for three months, in line with the RBI's moratorium
 "Sebi eases norms for rating agencies amid disruptions caused by Covid-19")
Coronavirus spread: Govt's U-turn on 'limited community transmission'
Health ministry says it's still local transmission; use of the term on its website on Sunday was to highlight government's 'action on field'
 "Coronavirus spread: Govt's U-turn on 'limited community transmission'")
Coronavirus outbreak: Traders seek Army help to distribute medicines
With chemists on the brink of running dry, Centre gets on a war footing
 "Coronavirus outbreak: Traders seek Army help to distribute medicines")
Letter to BS: States should help Centre to pull the country out of crisis
States should suspend their political animosity with the Centre for the time being
 "Letter to BS: States should help Centre to pull the country out of crisis")
Letter to BS: Lockdown should not mean robbing Peter to pay Paul
How will the small-scale industries/contractors, whose businesses have shut down, make the payments to the workers?
 "Letter to BS: Lockdown should not mean robbing Peter to pay Paul")
Letter to BS: Help migrant workers survive the coronavirus crisis
Local authorities should persuade them to break their journey
 "Letter to BS: Help migrant workers survive the coronavirus crisis")
Crackdown in lockdown: Mamata pulls up officials over covid-19 preparations
Previously, Banerjee had conducted surprise visits to marketplaces to enforce the lockdown, catching unprepared violators off guard
 "Crackdown in lockdown: Mamata pulls up officials over covid-19 preparations")
Coronavirus impact: Govt extends validity of vehicle permits till June-end
In an advisory to all states and Union territories, the Ministry of Road Transport and Highways has asked them to treat such documents as valid till June 30
 "Coronavirus impact: Govt extends validity of vehicle permits till June-end")
Robots help combat Covid-19 in world, and maybe soon in India too
Robots are being used for jobs such as sanitising hospitals and delivering food and medicines in many parts of the world
 "Robots help combat Covid-19 in world, and maybe soon in India too")
With knowledge as a weapon, IITs join the fight against coronavirus
A team of innovators from IIT Kanpur's incubator company Nocca Robotics have developed a ventilator prototype, currently in the testing phase
 "With knowledge as a weapon, IITs join the fight against coronavirus")
Maruti Suzuki India chairman on challenges, price hike after BS-VI shift
Amid the nationwide lockdown to check the Covid-19 spread, India will quietly transition to BS-VI, the most stringent emission standard for the automobile industry anywhere in the world
 "Maruti Suzuki India chairman on challenges, price hike after BS-VI shift")
We are not going to retrench anybody: Viacom 18 Media CEO Sudhanshu Vats
The Rs 3,667-crore Viacom18 has had a great 2019.
 "We are not going to retrench anybody: Viacom 18 Media CEO Sudhanshu Vats")
Now what?
Once the lockdown is lifted, we will need the mother of all fiscal and monetary policy support to sustain the economy
 "Now what?")
Universalise benefits
Everyone must have access to basic facilities
 "Universalise benefits")
Testing times
Without correct data, policy decisions will be difficult
Covid-19: We must think about this unnecessary lockdown, says Rajiv Bajaj
We should have kept the seniors home, closed public spaces, and allowed the rest of us to keep life moving forward, he said
 "Covid-19: We must think about this unnecessary lockdown, says Rajiv Bajaj")
Capacity utilisation across FMCG plants may rise as truckers return
Centre allowed transportation of both essential and non-essential items