State units will work out modalities with railways,chief secretaries to pay train fare of migrants: Congress
NEW DELHI: The Congress on Monday termed historic party president Sonia Gandhi’s decision asking PCCs to bear the cost of the train fare of migrant workers returning home, and said its state units will work out the modalities of paying the Railways after coordinating with chief secretaries. Congress general secretary (organisation) K C Venugopal said […]
40-day lockdown to inflict $320 billion loss on Indian economy: Report
NEW DELHI: The COVID-19 pandemic is expected to hit Indian economy with about $320 billion in terms of daily gross domestic product (GDP) loss after 40 days of lockdown, said a report. The daily GDP of India is estimated to be approximately $8 billion. The impact has been severe on the travel and mobility sector […]
Andhra Pradesh government to resume sale of liquor from Monday
NEW DELHI: The Andhra Pradesh government on Sunday said it will resume sale of liquor from its outlets from Monday, but will impose a new “prohibition tax” to discourage people from consuming alcoholic beverages. The prohibition tax could be up to 25 per cent on the existing prices, Special Chief Secretary, Industries and Commerce, Rajat […]
Liquor shops in Karnataka gearing up to start operations
BENGALURU: Erection of barricades and drawing up of boxes or circles aimed at maintaining social distancing were seen in front of liquor shops in different parts of Karnataka on Sunday, a day ahead of their reopening after a gap of over 40-days, due to the lockdown. Karnataka Excise Commissioner on Saturday had ordered that only […]
Puducherry government toes Centre’s line on lockdown norms
NEW DELHI: The Territorial government on Sunday decided to extend the lockdown till May 17 as was announced by the Centre. Chief Minister V Narayanasamy, who chaired a meeting of the cabinet to take decisions on easing of the lockdown, told newsmen that the meeting had decided to implement the shutdown as was decided by […]
Time to re-open Delhi, have to be ready to live with coronavirus: Arvind Kejriwal
NEW DELHI: Delhi Chief Minister Arvind Kejriwal on Sunday said the time has come to re-open Delhi and people will have to be ready to live with the novel coronavirus as he announced the implementation of all lockdown relaxations prescribed by the Centre for the ‘Red Zone’ in the national capital. Addressing an online media […]
Mahindra Holidays to first reopen resorts near metro cities post lockdown
NEW DELHI: Mahindra Holidays & Resorts India Ltd (MHRIL) on Sunday said it plans to first reopen resorts that are at drivable distance from the metro cities once the coronavirus lockdown is lifted. The Mahindra Group firm has currently suspended operations at its resorts in compliance with the government directives. “At Club Mahindra we have […]
Warren Buffett’s Berkshire posts nearly $50 billion loss as coronavirus causes pain
Warren Buffett’s Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday and saying performance is suffering in several major operating businesses. Berkshire said most of its more than 90 businesses are facing “relatively minor to severe” negative effects from COVID-19, the […]
Nearly half of global workforce at risk of losing livelihoods: ILO
NEW DELHI: Nearly 1.6 billion workers in the informal economy that is nearly half of the global workforce stand in immediate danger of having their livelihoods destroyed, the International Labour Organisation (ILO) has warned, adding that more than 436 million enterprises face high risks of serious disruption globally. In its latest update on […]
Expectation real estate sector would be having would be a relief from regulators as well as the banks
NEW DELHI: Real Estate of the 2nd highest contributor is our GDP, employment generator to our country. To understand the issues and way forward in real estate, PHD Chamber of Commerce and Industries, conducted an interactive Webinar on ‘COVID-19- The New Normal, Real Estate Sector Implications for the Financial, Legal and Marketing’ with Hardeep Sachdeva, […]
Spain eases strict lockdown as USA approves coronavirus drug
Spaniards were allowed out of their homes to exercise and walk freely after 48 days of confinement on Saturday as some European nations began cautiously easing virus lockdowns while others like Russia faced a spike in new infections. As governments across the globe balance lifting restrictions to restart economies against the risk of new infections, […]
Narendra Modi holds a meeting to review Power Sector
NEW DELHI: Prime Minister of India Narendra Modi held a detailed meeting on the Power Sector & took stock of the impact of COVID-19. He also discussed various long-term reforms for enhancing sustainability, resilience, and efficiency of the sector. The discussions included measures regarding ease of doing business; propagation of renewables; flexibility in supply of […]
Congress tells Narendra Modi: Spell out plans on lockdown exit, economic revival
NEW DELHI: The Congress on Saturday questioned the Centre on a host of issues and demanded that Prime Minister Narendra Modi come forward to inform the countrymen on his government”s plans to deal with the ongoing coronavirus crisis and economic revival. The opposition party” stand comes a day after the central government announced to extend […]
We must vaccinate everybody by 2021, say Experts
By Sumit Saxena NEW DELHI: Population genetic analyses of SARS-CoV-2 genomes have indicated that these viruses evolved into two major types (designated L and S), which show nearly complete linkage across the viral strains sequenced till date. But with mutations, there are other strains of this virus, which may have different virulence. Therefore, it is […]
Narendra Modi holds a review meeting to discuss Civil Aviation Sector
NEW DELHI: Prime Minister of India Narendra Modi held a comprehensive meeting to review the strategies that could help in making India’s Civil Aviation sector more efficient. It was decided that the Indian Air Space should be effectively used in such a manner that the flying time is reduced benefitting the traveling public and also […]
US announces relaxations for H-1B visa holders, Green Card applicants
WASHINGTON: In a major relief for professionals and immigrants from countries like India, the US government has given a grace period of 60 days to H-1B visa holders and Green Card applicants, who have been served notices for submission of various documents, taking into account the massive novel coronavirus outbreak in America. The H-1B visa […]