Page 1677 - Coronavirus

US, China clash to impair global trade vital for India's reopening: Rajan

Leading economist and former RBI governor warns of 'enormous bankruptcies' in US and Europe.

India coronavirus dispatch: The next phase needs less fear, more governance

A roundup of articles in Indian news publications on how India is dealing with the Covid-19 pandemic.

Covid-19 impact: Govt extends cap on airline capacity, fares till Nov 24

On June 26, the government had had allowed airlines to increase flights upto 45% of their total capacity, from the initial cap of one- third of their total capacity.

It is not enough to have a strong govt; you need a strong country

While the govt has done many things right, it has also made mistakes that have weakened India. It should acknowledge challenges, reverse economic slide, and build national cohesion, writes T N Ninan

Domestic airfare cap to remain in place till November 24: Aviation Ministry

Domestic passenger services resumed on May 25 after nearly two months of suspension to combat the coronavirus outbreak.

When phones replace textbooks

It wasn't much of a long-term plan given that schools may not be able to open any time soon

CVs run into Covid-19, sales to shrink 30-35% this fiscal: Report

The industry is staring at further de-growth in fiscal year 2021 as Covid-19-led economic downturn adds to the negative sentiment

Jenburkt Pharma launches Covid-19 drug Favipiravir at Rs 39 per tablet

The company hopes that the easy accessibility and affordable price point of an effective treatment such as Favivent will offer Indian citizens a timely, much-needed therapeutic solution

Irdai allows insurers to offer Arogya Sanjeevani as group insurance policy

Arogya Sanjeevani Policy, whether in individual or group form, will also cover treatment of Covid-19 disease

A pandemic report card

There are now about 1.3 million positive cases recorded, though given India's testing rates, the true number is perhaps several multiples of that

Countries fighting Covid in decentralised manner doing much better: Rajan

Citing the example of Germany and South Korea, Rajan said that these countries have allocated resources at the centre but left the details to provinces

Central Bank has exhausted cap on exposure to NBFCs: Pallav Mohapatra

"We have financed the NBFCs and exhausted the exposure cap for the sector," MD & CEO of Central Bank Pallav Mohapatra said

Indian financial system sound but Covid could spike bad loans: RBI

Gross NPAs of banks may rise from 8.5% this March to 12.5% by March 2021 but could worsen to 14.7% under very severely stressed scenarios. However, no bank will fail, apex vank says in FSR

Covid-19: Testing times for plasma banks as demand goes through the roof

The first of a two-part series looks at challenges involved in plasma therapy

Cipla gets DCGI approval to sell Covid-19 drug favipiravir in India

Cipla said it would launch favipiravir as "Ciplenza" in the first week of August, priced at 68 Indian rupees (91 cents) per 200 mg tablet

Covid-19 lockdown: No flight operations at Kolkata airport on July 25, 29

According to the West Bengal airport sources, no passenger flights will be operated on July 25 and 29 from the Kolkata airport during the lockdown in the state

American Express profit tumbles 85% as pandemic-related defaults loom

Shares were down about 1% before the bell, even as the group managed to eke out a small profit rather than report a loss as expected by analysts

India's Covid-19 fatality rate drops to 2.38%; recovery rate up at 63.34%

India also saw a record single-day spike of 49,310 cases while the death-toll mounted to 30,601 with 740 new fatalities, the data said

Most people in India not comfortable travelling for at least a year: Survey

"While the tourism industry has started to make a comeback in a big way in Europe; in India, the current signals are bleak," Neta App founder Pratham Mittal said

MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194

All that happened in the markets today