Page 84 - Latest Updates on Lockdown
Covid-19 restrictions to shave off 18% of ONGC capex for FY21: Executive
"Capex flow will get pushed to next fiscal," Subhash Kumar said adding FY21 capex would be around Rs 26,500 crore
 "Covid-19 restrictions to shave off 18% of ONGC capex for FY21: Executive")
Kashmir can be a model for sustainable economies of tomorrow: Haseeb Drabu
Haseeb Drabu was the Finance Minister of Jammu and Kashmir from 2015 to 2018. He tells Aditi Phadnis the government needs to cast a fresh eye on the state's economic development
 "Kashmir can be a model for sustainable economies of tomorrow: Haseeb Drabu")
What's holding coronavirus vaccine front-runner back: A China-Canada spat
Chinese customs hasn't approved shipments of CanSino's vaccine to Canada, the National Research Council of Canada said in an Aug. 26 email\
 "What's holding coronavirus vaccine front-runner back: A China-Canada spat")
To soften Covid-19 blow, India plans to extend MGNREGA to the cities
The program, when approved, may be rolled out in smaller cities and initially cost about 350 billion rupees ($4.8 billion), said Sanjay Kumar, a joint secretary
 "To soften Covid-19 blow, India plans to extend MGNREGA to the cities")
Unlock: Major garment export factories back to 60-80% capacity utilisation
The development comes months after shipments were kept on hold by international customers due to lockdown imposed in their respective countries
 "Unlock: Major garment export factories back to 60-80% capacity utilisation")
ONGC pre-tax profit down 82% to Rs 2,012 cr in Q1 on low crude, gas prices
Gross revenue for the quarter at Rs 62,496 crore, down 43% from Rs 1,09,546 crore during the first quarter of FY20
 "ONGC pre-tax profit down 82% to Rs 2,012 cr in Q1 on low crude, gas prices")
Coronavirus LIVE: 9,058 new Covid-19 cases, 135 deaths in Karnataka today
Coronavirus latest news: India is likely to get an approved coronavirus vaccine by early 2021. India's coronavirus total now stands at 3,691,166. Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: 9,058 new Covid-19 cases, 135 deaths in Karnataka today")
Covid-19 Factoid: India doubled case count in 29 days, fastest in the world
Total number of cases cross the 1 million mark in Russia while Jharkhand sees a fresh surge in new cases
 "Covid-19 Factoid: India doubled case count in 29 days, fastest in the world")
Business across showrooms reached pre-Covid levels: Kalyan Jewellers
The company expects the coronavirus pandemic to provide it a competitive edge over its competitors in the unorganised sector in the long run
 "Business across showrooms reached pre-Covid levels: Kalyan Jewellers")
Top headlines: Telcos get 10 yrs to pay AGR dues; Centre-states discuss GST
From SC verdict on payment of AGR dues to open-air cinemas aiming for revival in post Covid era, here are top headlines this morning
 "Top headlines: Telcos get 10 yrs to pay AGR dues; Centre-states discuss GST")
Cuba coronavirus update: 15-day lockdown in Havana to curb virus spread
Cuban authorities ordered a strict 15-day lockdown of Havana on Tuesday seeking to stamp out the low-level but persistent spread of the novel coronavirus in the capital
 "Cuba coronavirus update: 15-day lockdown in Havana to curb virus spread")
Madhya Pradesh coronavirus update: No lockdown on Sundays, says govt
There will be no lockdown in Madhya Pradesh on Sundays, an order by Madhya Pradesh government said
 "Madhya Pradesh coronavirus update: No lockdown on Sundays, says govt")
Financial conditions looking up in Q2 due to steps by govt, RBI: CII-IBA
The cost of fund index and liquidity index are showing an impressive reading of 80.6 and 71.1 in the present quarter survey
 "Financial conditions looking up in Q2 due to steps by govt, RBI: CII-IBA")
Covid-19 clouds IBC resolution, applicants seek payment schedule relaxation
In June, Deccan Value Investors (DVI), which won Amtek Auto, filed an application with the Supreme Court asking for an extension of time to discuss terms with the committee of creditors
 "Covid-19 clouds IBC resolution, applicants seek payment schedule relaxation")
From PMI to auto sales, August numbers send mixed signals on recovery
E-way bills, after showing an uptrend since April, stagnated in August
 "From PMI to auto sales, August numbers send mixed signals on recovery")
Auto sales bounce back in August on low base effect, pent-up demand
Dispatches at India's top two car makers, Maruti Suzuki India and Hyundai Motor India, zipped past not only the pre-Covid phase but also the months preceding the pandemic
 "Auto sales bounce back in August on low base effect, pent-up demand")
UPI volumes at new high; digital transactions almost at pre-Covid levels
In August, UPI volumes touched 1.61 billion transactions worth Rs 2.98 trillion, compared to 1.49 billion transactions in July worth Rs 2.9 trillion
 "UPI volumes at new high; digital transactions almost at pre-Covid levels")
Slowdown: India's Gen Z risks getting left out of formal jobs, says study
Prime Minister Narendra Modi imposed one of the world's most restrictive lockdowns from March 25, leading to a loss of about 122 million jobs
 "Slowdown: India's Gen Z risks getting left out of formal jobs, says study")
Economic contraction: India paid the price of lockdown for little reward
The country reported Monday its worst slump since quarterly numbers began publication in 1996: Gross domestic product shrank 23.9% in April to June
 "Economic contraction: India paid the price of lockdown for little reward")
Coronavirus tally in India close to 3.7 million, death toll at 65,288
Recoveries surged to 28,39,882 on Tuesday pushing the recovery rate to 76.94 per cent