Page 95 - Latest Updates on Lockdown
Assam issues Covid lockdown guidelines with relaxations for August 16-31
A total of 2,796 COVID cases were detected out of 61,318 tests conducted in Assam on Thursday
 "Assam issues Covid lockdown guidelines with relaxations for August 16-31")
Coronavirus LIVE: Vaccine production in early 2021, says AstraZeneca
Coronavirus latest news: India recorded nearly 67,000 cases in a day. US tally has surged to 5,331,202 and Brazil 3,057,470. Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: Vaccine production in early 2021, says AstraZeneca")
US weekly jobless claims fall below 1 million for first time in 5 months
The report also showed that the four-week moving average, a method to iron out data volatility, decreased by 86,250 to 1.25 million
 "US weekly jobless claims fall below 1 million for first time in 5 months")
Top headlines: Modi unveils Taxpayer Charter; India regains $2-trn m-cap
From India regaining $2-trillion market capitalisation to Centre giving 5-month extension to renewable projects, here are top headlines this morning
 "Top headlines: Modi unveils Taxpayer Charter; India regains $2-trn m-cap")
China says frozen chicken wings from Brazil tested positive for Covid
The positive sample appears to have been taken from the surface of the meat, while previously reported positive cases from other Chinese cities have been from the surface of imported frozen seafood
 "China says frozen chicken wings from Brazil tested positive for Covid")
French unemployment rate hits 37-year low in Q2 2020 as lockdown bites
The jobless rate fell to 7.1%, from 7.8% in the first quarter, dropping to its lowest since the second quarter of 1983, when it stood at 7.0%
 "French unemployment rate hits 37-year low in Q2 2020 as lockdown bites")
Covid-19 impact: Hero MotoCorp Q1 net profit falls 95% to Rs 58 crore
The company had posted a net profit of Rs 1,256.69 crore during April-June period of previous fiscal
 "Covid-19 impact: Hero MotoCorp Q1 net profit falls 95% to Rs 58 crore")
Covid-19 impact: Earnings of Nifty50 firms slump to over 6-year low
Experts say recovery will be faster than that after the 2008 Lehman crisis
 "Covid-19 impact: Earnings of Nifty50 firms slump to over 6-year low")
Delhi, Mumbai airports to partner firms for on-arrival Covid-19 testing
Also talking to airlines to see if test costs can be included in ticket price
 "Delhi, Mumbai airports to partner firms for on-arrival Covid-19 testing")
CPI-based inflation above MPC comfort range for fourth straight month
Official data released on Thursday showed that CPI for July rose 6.93 per cent year on year, up from 6.23 per cent in June
 "CPI-based inflation above MPC comfort range for fourth straight month")
A pandemic of opportunism
The pandemic could tear aside pieties and posturing and unveil a more authentic India by sparking the kind of economic surge that shaped the Roaring Twenties after the Spanish flu epidemic
Even with Covid, our fresh slippages will be in control: SBI chairman
We believe most customers would start paying EMIs from September as the moratorium comes to an end, said Rajnish Kumar
 "Even with Covid, our fresh slippages will be in control: SBI chairman")
Uncertain future haunts most citizens amid Covid-19 pandemic: EY survey
From seasoned professionals to students and amateurs, a majority of them are trying to adapt to the new normal
 "Uncertain future haunts most citizens amid Covid-19 pandemic: EY survey")
Domestic air traffic rises 6% in July as aviation sector tries to take off
Airlines flew 2.1 mn passengers in July, against 1.9 mn in June
 "Domestic air traffic rises 6% in July as aviation sector tries to take off")
Tata Steel sinks into red, logs loss of Rs 3,337 crore in June quarter
Revenue from India operations stood at Rs9,145 crore, down 42 per cent from same period last year.
 "Tata Steel sinks into red, logs loss of Rs 3,337 crore in June quarter")
Hospitality major EIH posts Rs 152 cr net loss in Q1 due to Covid-19 crisis
The company had posted a net loss of Rs 1.13 crore in the corresponding period of previous fiscal, EIH said in a filing to the BSE
 "Hospitality major EIH posts Rs 152 cr net loss in Q1 due to Covid-19 crisis")
City Union Bank reports 17% decline in net profit at Rs 154 cr in Q1
The bank had posted a net profit of Rs 185.65 crore in the corresponding period of the previous fiscal, CUB said in a regulatory filing
 "City Union Bank reports 17% decline in net profit at Rs 154 cr in Q1")
Grasim approves Rs 1,615-cr capex plans for FY21 to tackle Covid-19 crisis
In its earnings statement, the company specifies cost rationalisation, demand creation, working capital management and innovation, among others, as key focus areas
 "Grasim approves Rs 1,615-cr capex plans for FY21 to tackle Covid-19 crisis")
Final exams crucial step in student's career, states can't cancel them: UGC
UGC said states cannot say that its July 6 directive, asking universities and colleges to conduct final year examinations by September 30 amid the Covid-19 pandemic, was not binding
 "Final exams crucial step in student's career, states can't cancel them: UGC")
Tata Steel reports Rs 4,648 cr net loss in Q1 due to reduced income
The company had posted a consolidated net profit of Rs 714.03 crore during the same period a year ago, Tata Steel said in a BSE filing
 "Tata Steel reports Rs 4,648 cr net loss in Q1 due to reduced income")