Page 1911 - Coronavirus

Railways issues guidelines on ticket cancellation, refund from March 21

The application for the agreed refund of the balance amount of cancellation charge so deducted can be made through the post in the prescribed format (enclosed) within six months of the scheduled date

Impossible to predict when Covid-19 pandemic will be controlled: WHO

"This virus may never go away. The number of people infected by Covid-19 so far is relatively low," said Dr. Michael Ryan, in a news briefing on Wednesday

Covid-19: ICMR issues guidance on antibody test kits, lists manufacturers

ICMR in its guidance clearly stated that these rapid antibody tests are not recommended for diagnosis of Covid-19 infection

Air India to run special domestic flights for Vande Bharat evacuees only

Accordingly, the airline will run these special ferry flights during the second phase of the repatriation mission

Market Ahead, May 14: All You Need To Know Before The Opening Bell

A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today

Oil prices up on surprise decline of US inventories; demand concerns linger

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns, giving hope for a pickup in fuel demand

UN forecasts Covid-19 to shrink world economy by 3.2%, sharpest since 1930s

The UN's mid-year report said the impact of the coronavirus crisis is expected to slash global economic output by nearly $8.5 trillion over the next two years

Shah hails announcements concerning Rs 20 lakh crore economic package, says steps towards self-reliant India

Shah said in a series of tweets that announcement of Rs 20 lakh crore comprehensive economic package was a reflection of Prime Minister Narendra Modi's government commitment to revive country's econom

Waiting for Centre's guidelines to resume public transport: Kailash Gahlot

The total number of COVID-19 positive cases in India reached 74,281 on Wednesday

Manpower shortage a challenge to ramp up textile production: Gokaldas MD

More than 50 per cent of the first quarter is lost from a production standpoint, but the company is hoping that it would be able to resume 100 per cent operations by June

Nothing for poor in economic package, meant for those who have already looted country: Sanjay Singh

Prime Minister Narendra Modi had on Tuesday announced a Rs 20-trillion special economic package for the country to become "self-reliant"

Modi government is compassionate, responsive: Nadda

Nadda said that provision of collateral-free loans and other measures shows that the government is committed to create jobs and stimulate economy

Siddaramaiah calls Centre's relief measures 'disastrous'

Former chief minister and senior Congress leader Siddaramaiah on Wednesday called the measures announced by Finance Minister Nirmala Sitharaman as 'disastrous' and said it is 'non-existent' in terms of benefits to poor migrants, labourers, contract employees and farmers."The first set of measures announced by @FinMinIndia @nsitharaman, after 8 PM speech by @narendramodi, is disastrous & non-existent in terms of benefits to poor migrants, labourers, contract employees, farmers, etc," Siddaramaiah said in a tweet.The Congress leader said most of the intended benefits may not reach the end recipient.This comes a day after Prime Minister Narendra Modi announced a Rs 20 lakh crore special economic package to revive the COVID-19 hit economy."The contribution by the government for the schemes announced are mostly notional and less of actuals and the devil lies in the detail," the Congress leader said in another tweet.After Sitharaman announced support measures for MSMEs, Siddaramaiah ..

Top 10 business headlines: Package for MSMEs, liquidity boost and more

Here are the top 10 business headlines of the day

Best of BS Opinion: The lockdown hammer, restarting the economy, and more

Here's a selection of Business Standard opinion pieces of the day

Employees can work from home 'forever', says Twitter CEO Jack Dorsey

He said the firm isn't likely to return to its offices before September, and even after the lockdown measures end, employees could continue to work from home, if they want.

Govt move to extend project timelines will help stressed realtors: Experts

Home buyers, on the other hand, will have to wait longer to take possession

UK economy contracts 2% amid Covid-19 crisis; lockdown norms relaxed

"The impacts of the coronavirus were seen right across the economy, with nearly all sub-sectors falling in the three months to March," the Office for National Statistics (ONS) said on Wednesday.

Indian firms getting downgraded like never before; credit markets at risk

Ratings have been cut for 847 companies

BRICS' New Development Bank provides $1 bn loan to India to fight Covid-19

The Shanghai-based New Development Bank (NDB) was established by the BRICS (Brazil, Russia, India, China, South Africa) countries in 2014 and is headed by veteran Indian banker K V Kamath.