Page 1569 - Coronavirus

Pranab Mukherjee: A man who missed being the 'King', but was 'Sir' to PMs

Once seen as future Prime Minister, Pranab Mukherjee ended up becoming the President of India, and a Bharat Ratna, and a leader the RSS lionised

GDP shrinkage: It wasn't just Covid-19 lockdown that brought us here

GDP shrinkage is the cost of continued virus spread

Emirates gets $2-billion injection from Dubai amid Covid-19 pandemic

Emirates was particularly hard hit by the pandemic because its business model is built around the biggest category of jets -- Airbus SE A380s and Boeing Co. 777s

Covid-19 impact: Turkey's economy contracts by nearly 10% in Q2

Though the quarterly decline was the country's biggest contraction in more than a decade, it was slightly less than economists had predicted

Covid-19: Italy plunges into recession, economy shrinks 12.8% in Q2

The Italian economy is also 17.7 per cent smaller than it was in the same period last year.

Covid-19: 1,700 mid-size companies need debt restructuring, says CRISIL

The average debt size of these companies in CRISIL's rated portfolio, excluding outliers, is around Rs 25-30 crore

Q1 GDP numbers show economic outlook fraught with uncertainty

Indian GDP will de-grow in both Q2 FY2021 and Q3 FY2021 but pace of contraction may narrow, writes Aditi Nayar.

Q1 GDP data: Employment-creating sectors bear brunt of slowdown

Construction sector fell a staggering 50.3 per cent, while manufacturing sector contracted by 39.3 per cent, at constant prices

Agriculture clocks growth rate of 3.4% in Q1 despite GDP contraction

GVA at current prices at 5.7%, down from 8.6% YoY

At Rs 8.21 trn, April-July fiscal deficit exceeds FY21 budget estimates

With GDP for April-June also in, it can be calculated that fiscal deficit for Q1FY21 was 17.4% of nominal GDP. FM Sitharaman had pegged fiscal deficit for the year at 3.5% of GDP in 2020-21 Budget

Germany to revise downward its 2021 growth forecast due to Covid-19: Report

The government said in April at the height of the pandemic that it expected the economy to rebound with an expansion rate of +5.2% in 2021 following a record plunge of -6.3% this year

Punjab Aam Aadmi Party MLA Aman Arora tests Covid-19 positive

Punjab Aam Aadmi Party MLA Aman Arora on Monday said he has tested positive for coronavirus. Arora, who represents the Sunam assembly constituency, said he had been having body ache since Sunday. "I got myself tested for coronavirus and was found positive on Monday, Arora said. Arora had tested negative on August 25. He had attended a one-day monsoon session of the Punjab Assembly on August 28 in a PPE kit.

Covid-19 may trigger third wave of outsourcing for Indian IT industry

Goldman Sachs report says that more technology roles likely to move to India

Chandigarh lifts night curfew in compliance with govt's Unlock 4 guidelines

The Chandigarh administration on Monday announced lifting of night curfew in the city. The decision has been taken in compliance with central government directives under 'Unlock 4', an official release said The night curfew was in force from 10 pm till 5 am in the wake of the COVID-19 pandemic. The Centre on August 29 had asked the state governments and Union Territory administrations that they would not impose any local lockdown outside COVID-19 containment zones without prior consultation with the central government. The decision of lifting night curfew was taken in a meeting, chaired by the Administrator of the Union Territory of Chandigarh, V P Singh Badnore, here. On August 28, the Chandigarh administration had decided to discontinue weekend closure of markets in the city. The administrator in the meeting directed doctors to focus on symptomatic COVID-19 patients and to take special care of their health. Badnore also mentioned that COVID-19 positive people, who are in home

Unlock 4: Maharashtra allows hotels and lodges to operate at 100% capacity

Even as the hotel association welcomed the move, it said the notification is silent on restaurants and will help if there is further clarity

Old SBI hand Dinesh Khara faces new challenges amid Covid-19 pandemic

Being an insider, Khara knows SBI culture well and has the backing of an experienced team

Senior Cong MLA raises questions about Covid death figures in Bengaluru

He sought to know the reasons for the 32 per cent increase in death rate saying the official data showed only 1,886 people had died of Covid-19 between March till date

JK Cement Q1 net profit down 62.25% to Rs 50 cr due to Covid-19 lockdown

The company had posted a net profit of Rs 132.30 crore in April-June period a year ago, JK Cement said in a regulatory filing

Ahmedabad extends Covid tally to 31,519 with 173 cases; 3 deaths reported

The number of COVID-19 cases in Ahmedabad district rose to 31,519 on Monday with addition of 173 new patients, Gujarat health department said

19 people arrested in Noida, Greater Noida for flouting Covid-19 norms

Nineteen people were arrested across Noida and Greater Noida on Monday for allegedly violating curbs imposed due to the COVID-19 outbreak, Gautam Buddh Nagar police said. Owners of more than 2,100 vehicles were issued challans, while another 17 were impounded for similar violations in the district, which has so far recorded nearly 8,000 COVID-19 cases and 45 deaths, according to official figures. Section 144 of Criminal Procedure Code (CrPC), which bars assembly of more than four people, is in force in Gautam Buddh Nagar in view of the pandemic. "On Monday, 19 people were arrested for violating curbs imposed due to the pandemic. A total of 5,116 vehicles were checked across 200 barrier points in the district and challans issued to 2,134 of them while another 17 were impounded," the police said in a statement. A total of Rs 2,51,400 was collected in fines during the action, the police said.