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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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