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Monday, May 25, 2020

Domestic flights take off amid chaos and cancellations

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THE ECONOMIC TIMESDaily Newsletter
Mon, May 25, 2020 | 06:02 PM IST
#Coronavirus#EconomyTracker#Whatsbuzzing
Top stories of the day
Airports see chaos, glitches as flights resume after 2 months Airports see chaos, glitches as flights resume after 2 months
India's busiest airports in Mumbai and Delhi have cancelled close to 200 flights since last night. ...
Tata bosses take first pay cut in group's history
HDFC Q4 results: Profit drops 22% YoY to Rs 2,233 crore
A timeout may be a matter of time for DMart
The Anil Ambani fire sale is on
Covid silver bullet to be made & sold in India
Pending 10th ,12th exams to be held at 15k centres
India's April crude processing in biggest drop in 20 yrs
Debate This
Do you think India messed up the lockdown?
Sixty days have made one thing clear, India is not under lockdown. Over the last two months, India's seen only patchwork closure and a crippled economy. Whatever time India bought from the lockdown - crucial time it could've used to improve infrastructure - seems to have gone to waste. Do you agree?

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1 company (largecap) appreciated more than 5%
Zee Ent. 6.04%
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Top Losers

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7 companies (largecap) price decreased more than -5%
M&M Financial -6.42%
Shriram Tran Fin -5.90%
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Recorded Session: ETMarkets Investor Conference - Wealth Creation Opportunity Post Covid-19 Crisis
China is ready with plan to dent the dollar China is ready with plan to dent the dollar
Digital yuan trials are taking place just as Covid deepens mistrust with the US. ...
CBIC clears Rs 11,052 cr GST refund claims since Apr 8
40% tourism firms staring at complete shutdown risk
India for uniform flexi labour laws
Debt of consumer discretionary cos faces downgrade
UP govt to set up a panel for employment of migrants
Suzuki Motor resumes production at Gujarat plant
DPIIT to seek nod for startup credit scheme
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Sunday, May 24, 2020

Lockdown, Day 61: New normal, new norms

CORONAVIRUS UPDATES

24 May, 2020 | 05:32 PM IST


Lockdown, Day 61: New normal, new norms

As India gears up to resume domestic flights from tomorrow, after a two-month lockdown, three states - Maharashtra, Tamil Nadu, West Bengal - seem to be in disagreement with the Centre's flight plan.

In other bad news, you may have to change your shopping habits as 'first buy, then try' seems to be coming into vogue as shopkeepers begin to prize sanitation over customer satisfaction.

Here are the other update from the day...



COUNT SO FAR
    Delhi reports 508 fresh cases
    Andhra Pradesh tally rises to 2,780
    52 new cases, one death in Rajasthan
    11 new cases in Goa, state tally rises to 66
    87 new cops test positive in Maharashtra
    Thane tally up by 309 to 5,387, death toll 134
    Indore cases cross 3000-mark, death toll at 114
    3 employees at Hyundai's Chennai plant test positive
    67 fresh COVID-19 cases in Odisha, count rises to 1,336

World India
Tally Toll Tally Toll
53,11,089 3,42,104 1,31,868 3,867


LIFE UNDER LOCKDOWN
    Shopping complexes in Lucknow to open from Tuesday
    UP govt allows sale of high-end liquor brands in malls
    14-day quarantine compulsory for the returnees in Odisha
    Flight carrying 93 Indians stranded in UK arrives in Indore
    Karnataka to go under complete lockdown till Monday morning
    Delhi govt to hire 200 taxis to strengthen its ambulance services

BUSINESS AND ECONOMY
    FPIs invest Rs 9k cr in May so far
    NAREDCO offers jobs to migrant workers in UP
    Wholesale veggie prices crash during lockdown
    AirAsia India opens bookings for 21 destinations
    India's crude steel output declines 65 pc in April
    Job searches for remote work surge in February-May
    India may register recession in Q3, Dun & Bradstreet
    Investment via P-notes up at Rs 57,100 cr till April
    Industrial estates in Chennai allowed to resume work
    Major automakers see demand for personal vehicles going up
    Sri Lanka seeks $1.1 billion currency swap facility from India
    Parle wants more workforce for factories in green, amber zones

GLOBAL ECONOMY
    Spain to reopen to tourists
    World Bank approves $500 million loan for Pakistan
    China exporters look inwards as virus hits overseas markets

AROUND THE WORLD
    China reports 39 new cases
    South Korea reports 25 new cases
    Pakistan case count reaches 54,601
    Germany's confirmed cases rise to 178,281
    US adds 1,127 coronavirus deaths in 24 hours
    Singapore's health ministry confirms 548 more cases
    Mexico reports 65,856 coronavirus cases, 7,179 deaths
    NYTimes marks grim US milestone with front page victim list

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