Uttar Pradesh will allow stranded people to home
NEW DELHI: The Uttar Pradesh government will allow other states to take their stranded residents home if they wished, Chief Minister Yogi Adityanath said on Wednesday. At a review meeting here on the coronavirus crises, Adityanath said the UP government will give permission and cooperate with other states on this. Uttar Pradesh recently sent buses […]
India growth slipping to 0.8 in FY21: Fitch Ratings
NEW DELHI: Fitch Ratings on Thursday slashed India’s economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled global recession was underway due to disruptions caused by the outbreak of coronavirus pandemic and resultant lockdowns. In its Global Economic Outlook, Fitch Ratings said India’s gross domestic product (GDP) growth will […]
Pandemic won’t cause euro debt crisis, but a North-South divide
BRUSSELS: Euro zone government debt will surge this year on the coronavirus pandemic, but while another debt crisis is unlikely, large differences in indebtedness as countries emerge from the downturn could seriously test their unity. The International Monetary Fund expects debt in the 19 countries sharing the euro to jump by more than 13% of […]
IMA calls off proposed protests after meeting with Amit Shah
NEW DELHI: The Indian Medical Association (IMA) has called off its proposed ‘White alert’ and ‘Black day’ protests scheduled on April 22 and 23 following a meeting with Home Minister Amit Shah through video conference on Wednesday. The doctors’ body has been demanding that the Centre bring a law to protect healthcare workers from rising […]
Hotels, hospitality sectors severely impacted by COVID-19 pandemic: JLL
NEW DELHI: The hotels and hospitality sector in India has declined sharply in the first quarter of 2020, as the COVID-19 outbreak impacts various segments of the sector, according to global real estate consultant JLL. Coming off a high performance base in 2019, the COVID-19 outbreak and the containment measures introduced by the government have […]
Maharashtra tells ED and CBI to take DHFL promoters into custody
MUMBAI: The Maharashtra government has asked the CBI and Enforcement Directorate (ED) to take custody of the scam-accused DHFL group’s promoters Kapil Wadhawan and Dheeraj Wadhawans — whose institutional quarantine ends on Wednesday, state Home Minister Anil Deshmukh said here. “The Wadhawans’ quarantine will end at 2 p.m. today. On Tuesday, we wrote to the […]
Indus Towers contributes Rs 35 crore to PM-CARES Fund
NEW DELHI: Indus Towers has contributed Rs 35 Cores to the PM-Cares Fund, as a committed partner in supporting the country’s fight against COVID-19. Additionally, Indus Towers’ teams on the frontline are playing a crucial role in enabling essential services of keeping India and society at large seamlessly connected through the mobile towers. It is […]
Finance Ministry sanctions Rs 46,038 crore states’ share in central taxes for April
NEW DELHI: The Finance Ministry on Monday said it has sanctioned Rs 46,038 crore for the devolution of states’ share in central taxes and duties for April. In a tweet the ministry said to assist states effectively address situation arising out of Covid-19 pandemic, as a special dispensation, the calculation of net proceeds of shareable […]
Country Delight provides uninterrupted milk supply amid coronavirus lockdown
NEW DELHI:In midst of frozen supply chain infrastructure during the national lockdown, Country Delight, a leading door-step milk delivery platform has successfully been able to keep up its deliveries even as each day brings up new challenges. The company is successfully delivering Milk and other dairy essentials everyday to the households without a single-day miss. […]
Coronavirus Lockdown in Telangana extended to May 7
NEW DELHI: The Telangana government Sunday decided to extend the lockdown till May 7 and not to give any relaxation. Chief Minister K Chandrashekhar Rao made the announcement Sunday night after the cabinet meeting. The state had earlier extended the lockdown till April 30. Though the Centre subsequently extended the nation-wide lockdown by May 3, […]
Amazon, Flipkart can’t deliver non-essentials during coronavirus lockdown, MHA changes rules
NEW DELHI: The government of India on Sunday revised its lockdown guidelines which allowed e-commerce companies to operate fully and even sell non-essential items to customers during the lockdown. As per the Ministry of Home Affairs (MHA), “Supply of non-essential goods by e-commerce companies to remain prohibited during lockdown.” MHA issued an order to exempt […]
Walmart to hire 50,000 more workers in coronavirus-driven hiring spree
NEW DELHI: Walmart Inc (WMT.N) said on Friday it would hire 50,000 more workers at its stores, clubs and distribution centers to meet a surge in demand for groceries and household essentials from consumers stockpiling during the coronavirus outbreak. The retailer said it had reached its earlier target of hiring 150,000 workers six weeks ahead […]
Rahul Gandhi thanks Narendra Modi government for changing FDI norms after his warning
NEW DELHI:Congress leader Rahul Gandhi thanked the government on Saturday for amending the foreign direct investment (FDI) policy after his warning on takeover of Indian companies by foreign players during the COVID-19 crisis. “I thank the Government for taking note of my warning and amending the FDI norms to make it mandatory for Government approval […]
Firm, individual from country sharing border with India can invest only after government approval: DPIIT
NEW DELHI: A company or an individual from a country that shares land border with India can invest in any sector here only after getting government approval, according to DPIIT. The decision, which is likely to impact foreign investments from countries like China, has been taken to curb “opportunistic takeovers or acquisitions” of domestic firms […]
U.S. announces $19 billion coronavirus aid for farmers, food buys for poor
By P.J. Huffstutter, Karl Plume CHICAGO: USA President Donald Trump on Friday announced a $19 billion relief program to help U.S. farmers cope with the impact of the coronavirus, including $16 billion in direct payments to producers and mass purchases of meat, dairy, vegetables and other products. The U.S. Agriculture Department is partnering with regional and […]
Safe sex under lockdown: Argentine official has some advice for digital lovers
BUENOS AIRES: An Argentine official has given some on-air sex education for onanistic lovers in the time of the coronavirus, underscoring how the pandemic and lockdown in response to it are shaking up every aspect of people’s lives. Jose Barletta, a doctor with the country’s health ministry, said in a televised broadcast that people needed […]