Wednesday 1 April 2020

India is handling virus for now, but for how long?

While the government must do everything within its power to assist the poor, especially those at risk of losing their livelihood and shelter, citizens also need to understand that the government lacks the magic wand that can make all hardship go away.
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NEWS DIGEST

Wed, Apr 01, 2020 | 08:02 PM IST

Dear Reader, here are top stories of the day.

News
India is handling virus for now, but for how long? India is handling virus for now, but for how long?
New Covid worry: People with 0 symptoms

Up to now, China had kept the number of known asymptomatic cases classified....

How high is the kill rate of Covid-19? Here are new findings

The death rate for Covid-19 could be significantly lower than what was previously thought, a new study has found....

Today's Highlights
Covid roundup: India sees sharpest one-day case jump Covid roundup: India sees sharpest one-day case jump
GST collections for March stand at Rs 97,597 crore

February was the fourth consecutive month when collections crossed Rs 1 lakh crore. Central GST mop-up for March stoo...

CBSE to conduct class 10, 12 exams for 29 subjects

"Have advised CBSE to conduct board exams only for 29 main subjects that are required for promotion and crucial for u...

epaper
Ratan Tata is going after Mistry again Ratan Tata is going after Mistry again
Banks start giving options to avail loan moratorium today

Customers will either have to contact the bank or the bank will allow 3 months break on loan repayments by default...

Shuttered buyers send force majeure notices to energy companies

As nationwide demand plummets, oil and gas players flooded with such notices....

Industry
HUL acquires Horlicks from GSK for 3045 crore HUL acquires Horlicks from GSK for 3045 crore
An EMI moratorium isn't exactly a relief

The accrued interest will be collected by the lender in the form of additional EMIs....

LPG cylinders cheaper by up to Rs 65, second price cut in two months

As per IOC's revised rate list that was made public today, the 14.2 cylinder will cost Rs 744 in Delhi from today (Ap...

Wealth
HDFC Bank loan EMI moratorium: Terms, charges HDFC Bank loan EMI moratorium: Terms, charges
Missing 2 instalments may add 10 months to loan

Missing two instalments could extend your loan by 6-10 months....

ICICI loan EMI moratorium: How it works & the costs

Here is a look at the details of ICICI Bank's moratorium on loan EMIs. These are details as published on the bank's w...

NRI
Trump urged to pause H1B visa prog amidst layoffs Trump urged to pause H1B visa prog amidst layoffs
Lapsing of H-1B visas makes techies jittery

Indians currently in the United States on H1-B visas could face some testing times in the next few weeks. For several...

UK extends work visas for Indian amid outbreak

In a relief to foreign doctors, including from India, whose visas were set to expire in October this year, the UK gov...

Jobs
Online stores step up hiring to meet demand Online stores step up hiring to meet demand
Tech
Big tech takes equalisation levy row to US govt Big tech takes equalisation levy row to US govt
Irate Amazon users vent online about delayed deliveries

Faced with delays or cancellation of orders of essential items, customers have taken to social media to criticise Ama...

Covid-19 impact may set India smartphone production back by four years

India's contribution to global smartphone production had jumped to 16 per cent in 2019 from 9 per cent in 2016, as se...

Mutual Funds
We don't know the bottom, but bottom line is 'mutual funds sahi hai' We don't know the bottom, but bottom line is 'mutual funds sahi hai'
Right asset allocation helps to stay calm during Coronavirus meltdown

As a thumb rule and to keep it simple, we've married asset classes, equity and debt (fixed income) to age appropriate...

RISE
How India is using drones to fight Covid-19 How India is using drones to fight Covid-19
BigBasket, MedLife, Grofers up hiring as demand spikes due to Covid-19 lockdown

businesses including BigBasket, MedLife, Grofers and Starquik are hiring riders and pickers for part-time and full-t...

Panache
Love thy neighbour in Covid times: Indians value friendship even if it's online Love thy neighbour in Covid times: Indians value friendship even if it's online
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