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Sunday, May 31, 2020

Lockdown, Day 68: India at the crossroads

CORONAVIRUS UPDATES

31 May, 2020 | 06:50 PM IST


Lockdown, Day 68: India at the crossroads

Modern economies will change forever after the coronavirus pandemic passes says a Bloomberg report. This holds equally true for Indian companies who are now trying to recover from a plummeting demand.

The state is also pitching in. The government has dropped contentious clauses paving the way for Apple and others to make a larger play in local production and attract global manufacturers. All this even as India has announced an Unlock 1.0.

Track this space for latest updates...

COUNT SO FAR
    UP reports 262 new cases; state tally nears 3,000
    Cases shoot up by 110 to 3,571 in Andhra Pradesh
    Assam reports 56 cases; state tally rises to 1,272
    Manipur reports 4 cases, total number at 66.
    Rajasthan reports 76 cases, total positive cases at 8693
    91 Maharashtra police personnel test positive in last 24 hours
    Maharashtra case count rises 65,168
    Odisha reports 129 cases, total number at 1,948
    55 new COVID19 cases in Indore district, tally 3,486
    Arunachal reports fourth COVID-19 case
    Fourth phase of lockdown accounts for nearly half of total cases

World India
Tally Toll Tally Toll
6,075,786 369,529
182,143 5,164

LIFE UNDER LOCKDOWN
    Govt releases Lockdown 5.0 guidelines
    Unlock 1.0: Guidelines for Uttar Pradesh
    'Mission Begin Again' aims Maharashtra
    International flight operations to remain suspended till June 30
    Shatabdi trains to be redeployed; bookings to start soon
    529 domestic flights carrying 45,646 passengers operated on Saturday
    PM Modi addresses the nation through Mann Ki Baat
    Herd immunity as COVID-19 strategy risky: CSIR DG
    CISCE allows class 10,12 students to appear for boards later
    Air India adds Covid tests to pre-flight checklist
    From June 1, Goa to get more trains, flights
    ICMR asks states to do sero-survey in high-risk populations
    Delhi govt seeks Rs 5,000 crore from Centre to pay employees' salaries
BUSINESS AND ECONOMY
    FPIs net sellers for 3rd straight month in May; pull out Rs 7,366 cr
    Infosys says risks could hit profitability, CEO compensation jumps 27%
    Closure of economic activities should have been reviewed carefully: Yamaha
    Majority of consumers want to buy goods from kiranas going forward
    BBB recommends Ashwini Bhatia for post of SBI MD
    ICAI to develop audit quality indicators; seeks to bolster competence
    Bank Credit growth decelerates to 7.3 per cent in April
    Reliance on track to achieve zero net debt: Report
    Amid lockdown and COVID-19 scare, digitisation gains momentum
    India paves way for Apple, others to increase domestic production
    Toyota Kirloskar sales dip 86 pc in May
AROUND THE WORLD
    Greece to allow tourists from all nations
    US cities fear protests may fuel new wave of virus outbreaks
    Singapore in talks with several countries to establish 'green lanes' for travel
    Coronavirus cases in Pakistan rise above 69,470
    Saudi Arabia reopens mosques with strict regulations
    Donald Trump postpones G7 summit, wants India, others to join group
    China's factories restart among weak domestic, global demand
DEBATE THIS
    India should forget catching up with China in growth. Agree? Tell us here


Air India crew need to test negative to fly

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THE ECONOMIC TIMESDaily Newsletter
Sun, May 31, 2020 | 05:11 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
Air India adds Covid tests to pre-flight checklists Air India adds Covid tests to pre-flight checklists
An Air India flight had to return after its ground staff realised that a pilot tested positive....
Jio cheques pave RIL's way to zero debt
Infy says Covid may hit profit, ups CEO pay by 27%
BBB recommends Ashwini Bhatia for post of SBI MD
CISCE class 10,12 students can change exam centre
USCIS to resume premium processing from June
Startups are now facing an existential crisis
Musk makes history with manned launch
Debate This
India should forget catching up with China in growth. Agree?
The GDP numbers for both Q4 and full-year FY20 are out. Although Q4 saved India the blushes by beating most forecasts, it could not save FY20 from becoming the worst year in eight. Considering the fact that the lockdown affected only seven days of Q4, the omens appear even more awful for Q1 of FY21, the better part of which has already gone to waste. So, bye bye, double-digit growth dream?

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