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    Thursday, May 21, 2020

    Lockdown, Day 58: Business (not) as usual

    CORONAVIRUS UPDATES

    21 May, 2020 | 05:34 PM IST


    Lockdown, Day 58: Business (not) as usual

    India is gradually opening up its skies, with domestic air travel resuming on Monday. This, as India's case count hit 1,12,359, a rise of over 5,600 cases- one of the highest single-day rises in recent weeks. Flyers, however, can forget about easy travel - with a slew of mandatory safety and social distancing measures being announced.

    While India finds ways to get back on its feet, Corporate India may take over a year to get back to business as usual, with a 25% dip in revenues.

    Track this space for latest updates...



    COUNT SO FAR
      Rajasthan reports 131 new cases, tally stands at 6146
      Telangana count reaches 1,661 with 27 new cases
      116 new cases reported in Karnataka, tally rises to 1568
      59 new cases in MP's Indore, district count reaches 2774
      62 more cases in Uttarakhand, tally now 122
      Himachal Pradesh now has 126 cases
      Odisha reports 7th death, total cases 1103
      Assam reports 1 new case, tally at 189
      Andhra count now 2605, toll at 54
      Death toll in Delhi mounts to 194; highest single-day spike of 571 cases takes tally to 11,659

    World India
    Tally Toll Tally Toll
    5,014,943 328,462 112,359 3,435


    LIFE UNDER LOCKDOWN
      AAI issues SOP for domestic flights' resumption
      Intra-state bus services in AP partially resumed from today
      Ticket bookings to open at physical facilities from Friday, more trains to be announced
      Swiggy starts home delivery of alcohol
      Delhi HC to take up urgent matters via video conferencing from Friday
      Sale of lottery tickets resumes in Kerala after two months

    BUSINESS AND ECONOMY
      Rupee settles 19 paise higher at 75.61 against US dollar
      HMSI to resume manufacturing operations from next week in phased manner
      Fitch says Telcos' mobile growth weakens; remains robust
      JLR India, Nissan enhance online sales
      Skoda Auto Volkswagen resumes production at Aurangabad plant
      Corporate revenues drop over 25% during lockdown; normalcy may take over 1 year to return: Survey

    GLOBAL ECONOMY
      IMF approves $396 million loan to Jordan to ease COVID-19 impact
      EasyJet to restart some flights in June with compulsory masks
      Japan April exports fall 21.9% year/year
      Gold drops 1% on stronger dollar, hopes of economic recovery
      JPMorgan plans to hire a dozen research analysts for China brokerage

    AROUND THE WORLD
      Germany's confirmed cases rise by 745 to 176,752
      China reports 33 new cases
      US deaths rise by 1,561 in 24 hours
      Brazil registers 888 deaths, record of nearly 20,000 new cases
      Mexico registers record one-day death toll with 424 fatalities
      South Korea reports 12 new cases, total reaches 11,122
      Singapore's health ministry confirms 448 new cases

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