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Sunday, May 24, 2020

The wildest year in recent memory

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THE ECONOMIC TIMESDaily Newsletter
Sun, May 24, 2020 | 05:01 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
Forecast for the rest of 2020, the wildest year in recent memory Forecast for the rest of 2020, the wildest year in recent memory
As a global reset plays out, here are the forecasts, hopes and fears for the remainder of the year....
India may register recession in Q3, shows report
Job searches for remote work surge in Feb-May: Report
RIL might have to pay $200-400 million to the govt
Major automakers see demand for personal cars rising
Power reforms in India: A tale of disconnected dots
Wuhan-type hospital plan headed for crash
Reforms don't mean abolition of labour laws: Rajiv Kumar
Debate This
Is India's startup story over for good?
Once the job market's darlings, startups are now turning into toxic liabilities. Covid-19 has shaken the façade of confidence that ignored the reality of mounting losses and topline stagnation. Post Covid there may be no coming back for India's startups. Agree?

Top Gainers

NSE
1 company (largecap) appreciated more than 5%
Zee Ent. 6.04%
More from Gainers

Top Losers

NSE
7 companies (largecap) price decreased more than -5%
M&M Financial -6.42%
Shriram Tran Fin -5.90%
More from Losers
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Recorded Session: ETMarkets Investor Conference - Wealth Creation Opportunity Post Covid-19 Crisis
Two days after Centre approves flights, states come in with riders Two days after Centre approves flights, states come in with riders
Some states are specifying their own rules for quarantining passengers while others hint at a longer ban....
As you WFH, hackers are having a field day
How India can best use data to combat Covid
UP govt allows sale of high-end liquor brands in malls
First buy, then try: Covid takes fun out of shopping
Sri Lanka seeks India's help to boost its economy
Developers' body offers jobs to migrant workers in UP
A crisis looms over India's public transporters
China, US to gain from cooperation: Diplomat
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Saturday, May 23, 2020

Does the 8th century Durga Vishnu temple in Aihole actually show Lord Varaha lifting a globe Earth?

Does the 8th century Durga Vishnu temple in Aihole actually show Lord Varaha lifting a globe Earth?
 

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Does the 8th century Durga Vishnu temple in Aihole actually show Lord Varaha lifting a globe Earth?

There is a picture often being spread on social media with the claim that an ancient carving of Lord Varaha shows him lifting a globe Earth hundreds of years before modern science had come to this conclusion. The above picture is one example of what is being sent.
 

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Lockdown, Day 60: One less thing to worry

CORONAVIRUS UPDATES

23 May, 2020 | 05:45 PM IST


Lockdown, Day 60: One less thing to worry

As India has crossed 1.25 lakh cases today with the highest ever spike of 6000 plus, finding a solution to covid problem has become notably crucial. World's hopes tied to the Indian company Serum Institute, which is currently manufacturing vaccines with AstraZeneca/Oxford university as well as developing its own.

In some good news for Indians stranded overseas, government hinted at resuming international flights by August.

Track this space for latest updates...


COUNT SO FAR
    Himachal Pradesh has 173 cases
    Indore count nears 3,000 with 83 new cases
    61 fresh cases in Bihar; count rises to 2,166
    Assam records 53 new cases, tally reaches 319
    20 new cases in Uttarakhand, tally at 173
    Rajasthan toll rises to 155, cases 6,542
    Delhi toll rose to 231, tally climbed to 12,910 with 591 new cases
    Karnataka count nears 2,000 with 196 new cases
    47 new in Andhra Pradesh; total stands at 2561
    Odisha tally rises to 1,269 with 80 new cases

World India
Tally Toll Tally Toll
5,229,441 338,480 125,101 3,720


LIFE UNDER LOCKDOWN
    People with air, rail ticket need no movement pass in Noida
    Domestic flights from Delhi to operate from Terminal 3
    Congress arranges buses for Kerala students stranded in Bhopal
    Beauty parlours, salons to open from tomorrow in Tamil Nadu
    Railways ferries around 32 lakh migrants in 2,570 Shramik Special trains since May 1
    Eight sugar mills in UP's Muzaffarnagar produce record sugar
    Rajasthan govt to run free buses to U'khand for ash immersion by families

BUSINESS AND ECONOMY
    India's gas output falls by one-fifth in April due to lockdown
    Covid has hit income of 60% households: Survey
    Home loan rates set to dip to 15-year low, EMIs to fall
    Indian economist appointed to key World Bank position in South Asia
    Avenue Supermarts Q4 results: Profit jumps 42% YoY to Rs 271 crore; revenue rises 24%

AROUND THE WORLD
    China's diesel exports fall 9.2% in April vs month earlier
    Hertz, car rental pioneer, files for bankruptcy protection
    UK to require employers to pay 20-30% of furloughed wage cost
    Germany's confirmed cases rise by 638 to 177,850
    Thailand reports 3 new cases, no new deaths
    China reports 28 new asymptomatic cases
    Singapore's health ministry confirms 642 more cases
    Russia reports 9,434 new infections, tally at 335,882
    Indonesia reports 949 new cases, 25 new deaths

DEBATE THIS
Is India's startup story over for good? Tell us here