Delhi government announces Covid-19 lockdown, exempts essential services
NEW DELHI: In an attempt to curb the spread of Covid-19 in the national capital, the Delhi Government has announced a weeklong lockdown starting from 10 pm on Monday night to 5 am next Monday. Chief Minister Arvind Kejriwal said that in the duration of lockdown all essential services with regard to food, medicine, etc […]
Cooperate, if you don’t want another Covid-19 lockdown: Yediyurappa to people
BENGALURU: Expressing concern over spike in fresh COVID-19 cases, Karnataka Chief Minister B S Yediyurappa on Sunday said the pandemic seemed to be going out of control in the state and asked people to cooperate by adhering to the preventive measures if they don’t want another lockdown. “I appeal to the people with folded hands […]
India officially enters recession, but contraction in Q2 GDP recedes
NEW DELHI: Even though India’s economic recovery accelerated in Q2FY21 from the lows of the Covid-19 pandemic-induced lockdown, the country for the very first time since Independence entered into a technical recession. The National Statistical Office (NSO) data on Friday showed that the Q2FY21 GDP on a year-on-year basis contracted by 7.5 per cent from […]
Covid-19 crisis: SBI to disburse Rs 700 crore to MSMEs in Mumbai by June
NEW DELHI: State Bank of India (SBI), the country’s largest lender, has set a target of disbursing Rs 700 crore to MSMEs in the Mumbai circle by the end of June, to help them tide over liquidity crisis due to the Covid-19 lockdown. Among all banks, SBI controls a market share of 22 per cent […]
Singapore COVID-19 lockdown extended till June 1
SINGAPORE: Singapore Prime Minister Lee Hsien Loong announced on Tuesday that the partial lockdown imposed in the city-state to curb the spread of the novel coronavirus has been extended until June 1. This means that more workplaces will be closed to further reduce the number of workers keeping essential services going, reports The Straits Times. […]
Covid-19 lockdown: Capital, debt service providers to stay open, says Sebi
NEW DELHI: Capital markets regulator Sebi said the entities providing capital and debt market services will remain operational during the nationwide lockdown for 21 days, announced by Prime Minister Narendra Modi as part of efforts to curb spread of COVID-19 pandemic. Referring to an order issued by Ministry of Home Affairs, Sebi said “the order… […]