Saturday 25 April 2020

Lockdown in Mumbai, Pune may extend till June

Maharashtra government officials said with the number of cases in the city and neighbouring areas increasing, parts of the state would continue to remain under lockdown at least till June.
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THE ECONOMIC TIMES

NEWS DIGEST

Sat, Apr 25, 2020 | 05:34 PM IST

Dear Reader, here are top stories of the day.

News
Lockdown in Mumbai, Pune may extend till June Lockdown in Mumbai, Pune may extend till June
India loosens up with a late-night order

The Union Home Ministry also said malls, liquor and cigarette shops, sale of non-essential items through e-commerce p...

Should RBI do all the Covid heavy lifting?

Finance Commission feels states can use the escape clause in FRBM law for Covid spending. ...

Today's Highlights
IIMs push back academic schedules IIMs push back academic schedules
Coal India closes branch offices in order to cut costs

Bharat Coking Coal, Central Coalfields, South Eastern Coalfields and Mahanadi Coalfields from Kolkata to their subsid...

Lockdown: Retailers seek clarification to open shops

ET spoke to multiple retail and traders associations who said most of the large states like Maharashtra, Delhi, Karna...

Tech
Facebook takes aim at Zoom with video chat upgrade Facebook takes aim at Zoom with video chat upgrade
'Essentials tag' call divides handset makers, retailers

Sharp differences have emerged within handset makers and retailers over the treatment of devices during the lockdown....

TCS, Infosys smell a fire sale in Covid crisis

The firms have reserves of more than $13 billion to buy rivals in niche segments. ...

epaper
A week to May 3, the jury is divided A week to May 3, the jury is divided
Kamal Nath's game plan to corner Shivraj government

Congress may have lost power in Madhya Pradesh but with the new BJP government grappling with Covid-19 from day one,...

No job or pay cuts: 3 auto cos assure staff

The Indian units of European carmakers Skoda-Volkswagen and Renault, and Chinese-owned MG Motor have assured employe...

Industry
Loan moratorium: Lenders struggling to trace low-ticket retail borrowers Loan moratorium: Lenders struggling to trace low-ticket retail borrowers
Medical staff complain of poor quality coveralls

Medical staffers at the forefront of the fight against Covid-19 are wary about the lack of quality standards for thei...

US FDA cautions against hydroxychloroquine

The US Food and Drug Administration has issued a safety communication regarding the known side effects of anti-malari...

RISE
Pay cuts, layoffs: Startup morale under lockdown Pay cuts, layoffs: Startup morale under lockdown
Bira 91 raises $20 million in bridge financing

Bira competes with the likes of global beverages giants Anheuser-Busch InBev, Carlsberg and United Breweries, among o...

How marketers see the post-Covid world and the way forward

Consumer inertia, which is the biggest obstacle in ordinary situations, is passé. With significant changes to their e...

Mutual Funds
Star fund manager let down by his own creation Star fund manager let down by his own creation
'Liquid Funds, GOI Bonds are Better Bets'

What next, and what should we do? That's the question savers are asking after Franklin Templeton stunned Mumbai's fin...

Contagion could also spill over to Franklin Templeton Mutual Fund's other schemes

Some investors reportedly withdrew from the fund's other debt schemes and equity products as well, while others discu...

Panache
Twitter says videos of Trump suggesting disinfectant as Covid treatment don't violate misinformation policy Twitter says videos of Trump suggesting disinfectant as Covid treatment don't violate misinformation policy
Sports for dummies in the future?

If WFH — Watching From Home — becomes the norm, stadiums won't be needed....

Buenos Aires opera house using basement workshops to make masks

Teatro Colon is churning out 1,500 masks a week to help Argentina's health workers cope with the pandemic....

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