Page 2029 - Coronavirus

Govt identifies 170 Covid-19 hotspots, 207 potential red zones in country

Health ministry asks states to identify areas with high number of absolute cases or higher rate of doubling of positive cases as hotspots, those with limited number of cases as non-hotspots

MFIs staring at cash shortfall of Rs 2,600 crore in Q1FY21, says ICRA

ICRA has analysed a sample of 29 MFIs, which constitute around 70% of the MFI industry on a portfolio basis

Hungry for more

Food processing should be treated on a par with agriculture

Covid-19: India must ease fiscal stance amid health emergency, says IMF

Once the current economic situation improves, a more ambitious, credible medium-term fiscal consolidation path is needed to bring debt and interest expenditure down, the report said

Selective opening not enough

Govt's silence on economic package is surprising

India's reduced GDP forecasts 'too optimistic': Ex-CEA Arvind Subramanian

Subramanian, along with public policy expert Devesh Kapur of Johns Hopkins University, was speaking at a webinar organised by National Council of Applied Economic Research.

Easing the Covid-19 lockdown: How states plan to implement guidelines

According to MHA guidelines, while states and union territories cannot dilute the protocols, they are at liberty to impose stricter measures according to the requirements of local areas.

What migrant labourers say in lockdown: 'work can wait, family cannot'

In the last few days, the restlessness of the migrant workers has spilled into the streets in major cities, including Mumbai, New Delhi, and Surat.

Senior citizens may see spike in premiums in wake of Covid-19 crisis

Since they are more vulnerable, medical insurers may become more wary

IMD revises data, says monsoon will arrive and withdraw late in many states

The met department has revised its monsoon onset and withdrawal dates over parts of India based on its extensive analysis of recent data

Covid-19 lockdown 2.0: Need govt support to keep units open, say MSMEs

On Tuesday, MSME Minister Nitin Gadkari had stated during a meeting that unpaid dues of MSMEs at the central and the state levels will be released at the earliest.

Idling trucks, staff shortage: Bottlenecks for industries amid lockdown

Close to 3.5 million trucks (along with their drivers and assistants) are off the road - some because of manpower shortage, and some because they are stuck in various parts of the country.

India agriculture output lone bright spot in an economy set to shrink

Farm sector growth will top 3 per cent in the year started April 1, Ramesh Chand, an adviser to PM Narendra Modi, said in an interview.

Covid-19: Taj-GVK Hotels seeks moratorium on loan repayments from lenders

ICRA said it has not treated the missed payment as a default for now, despite absence of a formal approval from the lenders allowing for a payment relief

Letter to BS: Religious discrimination of workers amid pandemic is inhuman

In some cases, people are being denied food on the basis of their faith

Letter to BS: Suspension of US funding to WHO is not a solution

All sensible minds need to sit together and make WHO stronger and a reliable organisation that would fulfill its intended objectives successfully

Letter to BS: Mumbai protest shows measures not enough to motivate workers

The food packets and other sundry welfare measures do not seem to be enough to motivate them to stay put

UP official claims other states replicating 'Yogi model' for its success

He claims that the UP model had been acknowledged by the Centre and other states for its high success rate

Centre allows industry, road work and MGNREGA to start in rural India

Experts say unless the implementation is monitored properly at the ground level, much of the easing out could just remain on paper

NYC may lose 475,000 jobs, $9.7 bn in tax revenue due to Covid-19: Report

Given the staggering job losses, IBO said it assumes that the US economy has entered a recession even though official statistics have not yet captured the scenario