Page 1938 - Coronavirus

Liquor volumes may take 20% hit in FY21 due to closed shops, tax hikes

It could be the sharpest fall in four years

Ahmedabad shuts all shops save milk, medicine till May 15 to contain Covid

Municipal circular warns of penalisation under Section 188 and Section 270 of IPC and Section 3 of Epidemic Act for those failing to comply

Seven major evacuation operations conducted in India's history

Listen to the podcast to know about the first leg of India's coronavirus evacuation that kick-starts tomorrow and also take a look at 7 major evacuation operations carried out in India's history

Covid-19 cases soar in Tamil Nadu, 771 infections reported in a single day

A large number of cases reported today are linked to the spread from Koyambedu Market, the largest vegetable and fruits market in this part of the country

Karnataka announces Rs 1,610 cr package; hikes excise duty on liqour

The state government has decided to announce a relief package for farmers who were not able to market their produce

Indian hedge funds beat EM peers as markets shed 25% value amid Covid

While the Eurekahedge Emerging Markets Hedge Fund Index was down 9.59% in March, the Eurekahedge India Hedge Fund Index was down only 8.69%

Adani Enterprises defers capex plans by six months amid Covid-19 lockdown

Firm posts pre-tax loss of Rs 13.89 crore in Q4 of FY20, has laid out capex of Rs 10,000 cr for FY21

From Italy to Kansas, health authorities warn of a second wave of Covid-19

The US has seen over 71,000 deaths amid its 1.2 million infections, and Europe has endured over 144,000 reported coronavirus deaths

93% India Inc. workers stressed about returning to office: FYI Survey

Employees fear on account of their health being compromised and that needs to be managed on priority

Covid-19 may prompt states to hold on to revenue sources outside GST

Given the states limited capacity to mobilise revenues, it will be difficult to bring oil, fuel and tobacco under the purview of GST in the near future

Toll collection likely to decline 17% if lockdown extended, says CRISIL

Toll collection has restarted since, but there is unlikely to be a V-shaped revival in traffic after the lockdown ends - probably - on May 17. There will only be a gradual return to normalcy

Lockdown impact: UP approves 66 special trains to ferry stranded labourers

Yogi government has estimated return of a million labourers in 2 months

Tough times for sugar mills as demand from business consumers dwindles

Low offtake of sweetener as cold drink units, ice-cream factories, and sweet shops remain shut due to lockdown. No offtake from liquor plants, paper units and OMCs for byproduts either

Top headlines: Service activity falls in Apr, fuel excise hike to help govt

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

Private equity players see new business opportunities in post-Covid world

Currently, the PE exposure in credit is limited and constitutes less than a 2 per cent share of the overall credit offered to industry.

India to supply nearly 1,000 tonnes of paracetamol raw material to Europe

India exported approximately $5.4 billion worth formulations made from paracetamol between April 2019 and January 2020

548 doctors and other healthcare professionals infected in India: Report

Covid-19 has claimed 1,694 lives and infected 49,391 people nationwide till Wednesday morning

MARKET WRAP: Sensex ends 232 pts higher as financials, auto stocks rally

All that happened in the markets today

Why India must chance raising debt despite risk of a sovereign downgrade

Vast attention to debt by rating agencies may be exaggerated, as every key economy is borrowing heavily. It is the pace of post-pandemic economic recovery that will interest foreign investors

No details on migrant labourers, despite circular asking for it, shows RTI

On April 8, the Chief Labour Commissioner issued a circular for collecting data on every stranded migrant worker in every district and state, but no such details are available, show RTI replies