Page 2063 - Coronavirus

Coronavirus impact: Logistics firms face hurdles in transporting cargo

The most impacted have been truck drivers, who have had to bear the ire of the authorities and face stigma in their villages.

Establish fiscal council to scale up spending

India will have to address the big fiscal prudence challenge, which is not captured by the fiscal deficit/GDP metric

End lockdown or not?

Extending the lockdown could lead to more deaths

Titan sees sharp Covid-19 impact on Q4 revenue; eyewear segment drops 20%

Jewellery division revenue dips 5%; watches division sees flat growth

Focusing multilateral money

World Bank and IMF must step up to protect pvt sector, govts

Covid-19 impact: BPM firm Startek CEO to forgo cash salary for 2020

This makes it one of the first companies in the IT-BPM sector whose CEOs have decided to not take salary

Letter to BS: Lockdown should be withdrawn in a phased manner

India is monitoring the world situation to be able to fight the highly contagious virus effectively

Letter to BS: Improve financial literacy to overcome economic crisis

Times of crisis force us to acknowledge its importance

Police in MP to start home delivery of FIRs for violating lockdown

The government in the state has been following the lockdown rules strictly after a sharp increase in the number of Covid-19 cases

Indian courts: Now available online

In a landmark order on Monday, the Supreme Court acknowledged that courts will adopt technology for court hearings even as they move back to regular functioning

State govts draw in 1.4 mn NCC cadets to fight coronavirus pandemic

Amongst those who have pressed the NCC into service is the deputy commissioner of Kangra district in HP, who has requisitioned 86 cadets to assist the police in ensuring social distancing till April 1

Time to reform takeover pricing

Enforcement apart, this is a good time to think about getting some structural reform underway

Shipment of foodgrain, flour, and pulses grow 148% in first week of FY21

Except for foodgrain, flour and pulses, transport of all other commodities showed negative growth

How flights will operate after the lockdown is lifted

The Standard Operating Procedure being formulated by the DGCA will make it mandatory for airlines to keep all middle seats and the last three rows empty to minimise contact

I-T Dept to release all pending tax refunds up to Rs 5 lakh immediately

The move is aimed at helping many overcome cash crunch due to nationwide lockdown, and is expected to benefit 1.4 million taxpayers

Closures hit alcohol manufacturers; govt faces loss of Rs 700 cr a day

Excise duty on liquor is an important revenue source for states, which are not in a strong position financially at present

Around 400 mn Indians can slip deeper into poverty due to Covid-19: ILO

ILO noted that lockdowns and related business disruptions have had sudden and drastic impacts on workers and enterprises

Goldman Sachs slashes India's FY21 real GDP growth forecast to 1.6%

While the fiscal easing so far has been limited, they do expect more fiscal measures by the central and the state governments.

Pending tax refunds up to Rs 5 lakh to be issued immediately: I-T Dept

"It has also been decided to issue all pending GST and Customs refunds which would provide benefit to around 100,000 business entities, including MSMEs," the I-T department said

Coronavirus lockdown: Textile industry stares at Rs 12,000 crore loss

While the Covid-19 pandemic has completely halted production and new orders, exporters say that payments have also been delayed for the shipments sent before the lockdown.