Page 1918 - Coronavirus

No increase in lease rent for SEZ units in FY21 due to coronavirus: Centre

And payment of lease rent of the first quarter is to be deferred up to July 31, 2020, for all SEZ units

Visa, OCI card suspension prevents many Indians in US from flying back home

Last month, H-1B visa holders, mostly Indians, launched a White House petition urging US President Donald Trump to extend their permissible stay from 60 to 180 days after job loss

Covid-19 lethal, exceptionally infective: Indian-American doctor to Mamata

It is essential to maintain strict social distancing and ensure that this dangerous virus could be prevented from spreading, the cardiologist said

Best of BS Opinion: Unrealistic growth forecasts, Covid-19 crisis, and more

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

Railways to resume passenger service in phases with strict safety norms

Passengers can make advance reservations seven days earlier from the normal four months before the date of journey. On cancellation, only 50 per cent of the fare would be refunded

Coronavirus outbreak: Aarogya Setu alerted on 697 potential hotspots

Ahmedabad goes completely digital to prevent spread via currency notes

Ratan Tata hopes entrepreneurs will create new benchmarks of tomorrow

In a post on social media platform Instagram, Tata hoped that entrepreneurs will find a better way to run their operations following the pandemic that has severely disrupted economic activity.

Behind Mumbai's coronavirus crisis: Poor planning, unbridled greed

Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality".

Saudi Arabia triples taxes, cuts $26 bn in costs amid Covid-19 pandemic

Despite efforts to diversify the economy, the kingdom continues to rely heavily on oil for revenue.

IRCTC site starts with 2-hour lag; Howrah-Delhi tickets gone in 10 minutes

Railways starts site 2 hours later but denies it crashed

Customers don't come to buy but to sell old stuff as jewellery stores open

Jewellery offtake down to 15-20% of May sales in the previous years

Stopped SIP? Use systematic transfer route as and when you have a surplus

Experts say if someone has lost his job or seen his income dwindle drastically during the lockdown, it is okay for him to pause or stop SIPs

Covid-19 impact: Demand collapse derails infra, services sectors' growth

While a slowing economy had led to deceleration in demand, the lockdown has increased the pain, besides resulting in labour shortages and delay in project execution

Centre may extend lockdown beyond May 17 with easier norms for business

PM assures resumption of more economic activities; zone identification may be left to states

ICICI Bank: Weaker Q4 profits, tepid management commentary unnerves Street

Unlike its peers, ICICI Bank has been more watchful of the emerging situation

Mysterious 2,819% stock rally has traders scratching their heads

The uninterrupted surge has made it the best performing stock worldwide in the past 12 months among companies worth $1 billion or more

Life Insurers bleed in April as Covid-19 shrinks new biz premium by 33%

Market leader LIC's new business premium down 32% to Rs 3,582 cr from Rs 5,268 cr a year ago; HDFC Life, ICICI Pru among top losers in private space

Insurers need to introduce bite-size products: HDFC Life CEO Vibha Padalkar

Coronavirus pandemic will bring a 'paradigm shift in how people view insurance in India', says Vibha Padalkar in an interview.

Twitter adds new labels, warnings to combat Covid-related misinformation

The three broad categories the company will look at are misleading information, disputed claims and unverified claims

Coaching classes take online route amid Covid-19 spread: CRISIL SME Tracker

CRISIL's interactions show that most players, even SMEs, have managed to reach students amid the lockdown by switching to online channels.