Page 1890 - Coronavirus

I've to be careful, am answerable to Parliament: FM Nirmala Sitharaman

Nirmala Sitharaman tells Indivjal Dhasmana & Nivedita Mookerji that the government has made sure that mistakes committed during 2008-2013 are not repeated while announcing the Rs 20-trillion package.

Top headlines: Domestic flights resume Monday, Ola lays off 1,400 staff

Business Standard brings to you a snapshot of events which made it to the headlines today

Bharat Biotech working on Covid-19 vaccine using dormant rabies inoculation

Ties up with Thomas Jefferson University to develop a vaccine candidate that showed a strong antibody response in mice

Rolls-Royce to axe 9K jobs in air travel slump, to save GBP 1.3 bn a year

The 9,000 jobs, out of a global staff of 52,000, will go predominantly from Rolls's civil aerospace business, which generates just over half of its 15 billion pounds ($18 billion)of annual revenues

Does garlic cure Covid-19? Find out using IIT Kanpur's fake news buster

IIT researchers collaborate with industry partner to develop AI-powered solution for instant fact checking

RBI may need to slash rates alongside providing fiscal stimulus: Economists

The only way to boost demand may be lowering interest rates to boost consumption, analysts said

MARKET WRAP: Financials lift indices; Sensex up 622 pts; Nifty above 9,050

All that happened in the markets today

The inside story of how the govt's Covid-19 package was worked out

Large-scale reshuffles, pressure from various stakeholders and need to revisit all the budget numbers delayed the response

Brokers see hit on distribution income as flows in equity schemes taper

In April -- which was the first full month post-lockdown -- equity flows were down 47 per cent down to Rs 6,212 crore, reflecting the impact of lockdown

Ola to lay off 1,400 employees as revenue dips 95% in coronavirus

In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is 'very unclear'

All you need to know about the revised guidelines for Covid-19 testing

The circular published by the apex medical body also elaborated on the steps to be followed for new testing

Covid-19: Infosys partners Rhode Island to launch contact tracing solution

The company has developed a mobile app that will help Rhode Islanders follow required health and safety guidelines

Covid-19 updates: FM Sitharaman on stimulus 6.0, Trump's 'badge of honour'

Trump told reporters in a cabinet meeting that the high number of cases in the US is a "badge of honour", because it means the US is testing the most

UAE lab develops device to enable much faster Covid-19 mass screenings

The Covid-19 cases in the UAE stand at 25,063. The deadly virus has also claimed 227 lives in the country.

US workers hit McDonald's with class action over Covid-19 safety

McDonald's said in a statement that the allegations were inaccurate and that safety, including wellness checks and protective gear, was a top priority

Foreign investors pull out $26 bn from Asian economies; $16 bn from India

In Europe, over 30 million people in Germany, France, the UK, Spain, and Italy have applied for state support, while first quarter 2020 data indicates that the eurozone economy contracted by 3.8%

Market Ahead, May 20: All you need to know before the opening bell

Reliance Industries will be in focus today as its mega rights issue opens today and closes on June 3

Trumps feels 'differently' about trade deal with China after Covid-19

The US and China had signed a deal in January to end their 22-month-long trade war during which the two countries slapped tit-for-tat tariff hikes

Best of BS Opinion: Fiscal math of imponderables, power reforms, and more

Here's a selection of Business Standard Opinion pieces for the day

Turn on the lights: Non-essential retail back as govt eases lockdown norms

Barring Mumbai, shops across other key metros reopen