The textile sector employs, at present, 35 million people, and aims to double the number by 2022. The government is focusing on training youths in different skills to meet this target

Powered by Capital Market - Live News

Powered by Capital Market - Live News

While reopening economic activities, we need to keep in mind that the industry cannot be opened in isolation, the whole ecosystem along with the related supply chains needs to be revived and restarted, said Suresh Prabhu, Hon'ble Member of Parliament. We should follow the Chinese model of revival through specific geographical openings for economic activities in areas which are marked green and keeping the hotspot districts completely locked, till there is full containment in those areas, said Hon'ble Member of Parliament. This is the time India needs to take advantage of the crises and convert it into an opportunity, we set our National goal of getting Foreign Direct Investments to India and each citizen and all arms of the government must work towards this common goal with complete alignment of reforms, said Prabhu. Businesses are the most important part of the economy, as they are significant contributors to economic growth and progress, he said.

Powered by Capital Market - Live News

The country-wide lockdown imposed on 23rd March, while necessary, has had deep ramifications on economic activity. According to the CII CEOs Snap Poll on Impact of COVID-19 on Economy and Industry, while a majority of the firms continue to anticipate a significant decline in their topline, they now foresee a delay in economic revival and demand recovery. The survey saw the participation of more than 300 CEOs, of which nearly two-thirds belonged to MSMEs. The lockdown brought economic activity to a grinding halt and the survey findings indicate that a significant majority of the firms (65%) expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020). For financial year 2020-21, the expectations of a fall in revenue are staggered, with 33% of the firms anticipating a revenue fall of more than 40%, closely followed by 32% of firms expecting a revenue contraction ranging between 20% to 40%.

Powered by Capital Market - Live News

The procurement of wheat and rice (second crop) during the ongoing Rabi season has picked up pace despite severe logistical constraints posed due to the countrywide lockdown. Against the target of 400 Lakh Metric Tonnes (LMT) of wheat, procurement for central pool has touched 216 LMT upto 06.05.20. It is particularly heartening since procurement in major wheat procuring states like Punjab, Haryana and Madhya Pradesh had started only after 15th April. Similarly paddy procurement is also going on smoothly with 44.9 LMT paddy procured so far by the government agencies.

Sun TV is promoted by DMK chief M Karunanidhi's grand-nephew Kalanithi Maran

States balance public health and economic well-being as more lockdowns expire; U.S. intelligence agencies confirm investigating if the coronavirus escaped from a lab in Wuhan; Apple and Amazon report profits. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Matthew Hatcher/Bloomberg

Britain's minister for the environment, food and rural affairs says Prime Minister Boris Johnson won't be announcing immediate changes to the country's coronavirus lockdown when he addresses the nation on Sunday. George Eustice said the U.K. is not out of the woods and that there isn't going to be any dramatic overnight change to the lockdown. He said the government will be very, very cautious in loosening the restrictions. Johnson is expected to set out a roadmap of how the U.K. can start easing the lockdown in the future. Only minor changes, such as allowing individuals to sunbathe in parks and removing the limit on one daily outing for exercise, are anticipated. Eustice also revealed that another 626 people have died after testing positive for COVID-19 in all settings, including hospitals and care homes. That takes the U.K. total to 31,241, the second highest official death toll in the world behind the United States.

Pakistan on Saturday began easing the month-long lockdown despite a steady rise in the number of the coronavirus cases which rose to 27,474 after health authorities reported a big jump of 1,637 infections and 24 deaths in a single day. Prime Minister Imran Khan on Thursday said that Pakistan would begin easing its nationwide lockdown in a phase-wise manner by allowing various businesses to open up from Saturday, citing the economic crisis due to the shutdown, which was enforced in the country in March end. The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm. The federal government was trying to provide maximum relief to the people but due to the current economic conditions of the country, the lockdown must be eased, the Express Tribune quoted Khan as saying. Sindh Chief Minister Murad Ali Shah and Adviser to Khyber-Pakhtunkhwa chief minister Ajmal Wazir said the provincial government .

Seoul has shut down more than 2,100 nightclubs, hostess bars, and discos after dozens of infections were linked to clubgoers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed by Mayor Park Won-soon on Saturday came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said that the entry bans on the facilities will be maintained until the city concludes the infections risks as meaningfully lowered. South Korea's Centers for Disease Control and Prevention earlier said 18 fresh cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive on Tuesday. But Park said 16 more cases were confirmed in Seoul alone in the following hours .

South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed Saturday by Seoul Mayor Park Won-soon came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said the entry bans on the facilities will be maintained until the city concludes that risks of infection have been meaningfully lowered. South Korea's Centers for Disease Control and Prevention, or KCDC, said earlier in the day that 18 new cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive days later. But Park said 16 more

A case has been registered against office-bearers of Bandra Gymkhana in the city for violation of lockdown after a video purportedly showed members celebrating its completion of 85 years despite the lockdown restrictions. A lawyer filed a complaint saying that a video on social media showed Gymkhana members singing and dancing during the celebration of completion of 85 years of the club, a police officer said. A case under IPC sections 188 (defying public servant's order) and 269 (act which may spread infection) was registered against office-bearers and some members, he said, adding that probe was on.

The Haryana government said on Friday a three-member SIT, which will be headed by a senior IAS officer, has been constituted to investigate the huge stock of liquor going missing from two godowns in Sonipat, and the alleged sale of illicit liquor in the state. With several bootlegging incidents being reported during the lockdown when liquor vends were closed, the SIT will also probe sale of illicit liquor in the state during the period, Haryana Home Minister Anil Vij said. Liquor vends in Haryana were closed from March 27 after the lockdown was announced, but have now reopened from May 6 after the state government decided to open the vends. He said a senior IAS officer -- either Ashok Khemka, Sanjeev Kaushal or T C Gupta -- will head the SIT while IPS officer Subhash Yadav and Additional Excise Commissioner Vijay Singh will also be its members and jointly investigate the matter. The scope of the SIT, which was earlier to probe the case of seized liquor going missing from the godowns ..

While parents in cities are tutoring their children at home using digital tools and technology amid the ongoing COVID-19-induced lockdown which has led to closure of schools, those in villages are utilising simple household items like fruits, buttons and pulses to homeschool kids. Prime Minister Narendra Modi had announced a nationwide lockdown from March 25 to April 14 and urged the country of around 1.3 billion people to stay home in view of the coronavirus outbreak. The restrictions were first extended till May 3 and again extended till May 17. The death toll due to COVID-19 rose to 1,981 and the number of cases climbed to 59,662 in the country on Saturday, registering an increase of 95 deaths and 3,320 cases in the last 24 hours, according to the Union health ministry. As most of the educational institutions in cities across the country are offering online classes due to the lockdown, parents too are chipping in to educate their kids at home using iPads, tabs and ...

17-year-old Pratyusha Jha, wakes up scrambling for newspapers these days to look for any news about her pending board exams and is anxious about what the future has in store for her. Similar concerns are shared by Bipin Kumar, a class 12 student, who says the announcement of board exams from July 1 to 15 brought limited clarity as the larger questions remain unanswered. The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well. "Everyday I have been looking for news about the exams and about entrance exam dates. I feel unfortunate that this happened during the year I was supposed to take the big college leap. I don't want my future decisions to be shaped by this very year as what I opt to study now will remain with me lifelong," Pratyusha told PTI. Ending some uncertainty for students, HRD Minister Ramesh Pokhriyal 'Nishank' on Friday ...

The AAP government has told the Delhi High Court that adequate ration was being provided to Rohingya families at three camps in south and north east parts of the city during the coronavirus-induced lockdown. The submission was made by the Delhi government before a bench of Justices Manmohan and Sanjeev Narula, which was hearing a plea seeking immediate relief for the Rohingya families at settlements in Khajuri Khas in north east Delhi and Shram Vihar and Madanpur Khadar in south Delhi. Delhi government additional standing counsel Sanjoy Ghose and advocate Urvi Mohan also told the court that four hunger centres were being run near the settlements mentioned in the plea. The petitioner, Fazal Abdali, claimed that the Rohingyas at these three camps were being denied relief under the various schemes announced by the Delhi government to combat the coronavirus pandemic. The bench, however, noted that the petitioner had not given any specific particulars of the neglect faced by these families

Actor-producer Jackky Bhagnani forbodes that in the post-coronavirus film industry, it might take more time for movies to be greenlit. Talking both from the perspective of a producer and actor, Jackky said there will be some changes that will happen once the countrywide lockdown is lifted. "As an actor, I see that there will be a lesser number of projects that will go on the floors. Most investors and producers will take their time to green-light projects. "As a producer, there might be some pragmatic decisions to be taken on which projects to do first and how to minimise costs without affecting the scale or demands of the script," he told PTI. Jackky's production banner, Pooja Entertatinment's two films -- Varun Dhawan and Sara Ali Khan-starrer "Coolie No 1" and Akshay Kumar's "Bell Bottom" -- were affected by the coronavirus pandemic. When asked about the plans for "Coolie No 1", which was expected to release countrywide on May 1, Jackky said, "I think it's insensitive to think of a

Hyundai Motor India on Saturday said its Chennai-based manufacturing facility rolled out 200 cars on the first day of resuming production. The company re-started manufacturing activities at its plant in Sriperumbudur (near Chennai) on May 8. The auto major has commenced production at the facility adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement. In line with the government's objectives of reviving the economy and company's global vision of progress for humanity, the commencement of manufacturing operations is aimed at boosting economic activities and bringing back normalcy, it added. Several industries are resuming operations in a phased manner following an over month-long shutdown due to the coronavirus lockdown.

Smartphone maker Tecno on Saturday said it has launched an initiative to offer customers the option to book their smartphones online and get the handset delivered by neighbourhood retail stores. Also, the Transsion Group company said it will resume operations at its Noida factory in accordance with the government regulations. The new model will help Tecno's network of 35,000 offline retailers revive their businesses and empower consumers to select the product of their choice from the safety of their homes, a statement said. Consumers can reach out to their preferred retailers via Tecno's website and enter their PIN code details. The microsite with a store locator will assist in mapping the retailer and the contact details, and the device will be delivered to their doorsteps by their nearest retailer, it added. "Tecno's unique initiative will enable its consumers to connect and place order with their preferred retailers as per the zoning guidelines of the government from the comfort of

The Uttar Pradesh Congress has launched a chat portal that will let people list the problems being faced by them amid the ongoing COVID-19-induced lockdown, the party said on Saturday. The complaints received from users of the UP Mitr' chat portal will be forwarded to Chief Minister Yogi Adityanath so that the state government can help the people, state Congress chief Ajay Kumar Lallu said in a statement. "The portal has been made to help the common public during the COVID-19 pandemic. Through it, problems of the common public will be listed and the UP Congress will help the complainants. The list of complaints will be sent to the chief minister, Lallu said. The Congress leader said that his party was committed to help every needy person in the state. "The party is running community kitchens at various places in the state including Ghaziabad, Hapur, Kanpur, Allahabad, Lakhimpur Khiri and Lucknow, he said in the statement. The party's district committee is making dry ration available ..

India's senior hockey players, who are unable to train because of the coronavirus-forced lockdown, will undergo a basic coaching course online starting Monday, continuing the national federation's efforts to ensure that their time is put to productive use. The course will be attended by 32 senior men and 23 senior women core probables on May 11 and 15 respectively. Captain of the Indian women's team Rani Rampal has already attended the Hockey India coaching education pathway in the past and achieved a Hockey India Level 1 Coach Certification. "The Hockey India Level Basic Coaching Course will help them in broadening their understanding of the sport as it will give them a chance to view the sport from a coach's perspective," the HI said in a statement. "The core probables who will successfully clear the Hockey India Level 'Basic' Coaching Course will be eligible to attend the Hockey India Level '1' Coaching Course in the future, thereby paving the way for their development, not just as

Bobby Deol says be it the superstars or the aspiring actors, everyone is struggling right now as the nationwide lockdown has brought the Indian film industry to a grinding halt. The 51-year-old actor, who started his second innings in Bollywood with films like "Race 3" and "Housefull 4", believes the ongoing scenario across India due to coronavirus pandemic is scary. "There are a lot of actors in the industry who want work but not everybody gets that opportunity or the luck. Right now, even the big stars are also sitting at home. "Everybody is sailing in the same boat. For actors there is no way out to go and work till things get fixed. It is scary for everybody," Bobby told PTI in an interview. The actor had finished two digital projects -- a Netflix film Class of 83, to be produced by Red Chillies, and Ashram, a web-series with Prakash Jha -- before the lockdown was announced. Bobby said he was hopeful that the projects will release this year. "Everybody's work is on pause right ...

The West Bengal circle has emerged the highest grosser in small savings mobilisation during the ongoing lockdown in the country, an official of the postal department said on Saturday. The West Bengal circle also includes Sikkim and Andaman and Nicobar. "In this country during the lockdown period which is continuing, the West Bengal circle is the highest grosser in terms of small savings mobilisation", acting Chief Post Master General (CPMG) Niraj Kumar said. He said only in one day on May six, the circle grossed Rs 361.25 crore only from post offices (PO) which are run on CBS platform. Kumar said the main reason behind this is post offices having CBS are able to carry out transactions which are centrally monitored by the circle team and ably supported by required technical support. Even last year, the West Bengal circle recorded highest growth in the postal financial services in the country, he told PTI. This performance has also been a result of small savings agents who

Over one lakh cases of lockdown violations were registered and 19,297 persons were arrested ever since prohibitory orders were enforced in Maharashtra in light of the COVID-19 pandemic, police said on Saturday. At least 1.02 lakh cases were registered under section 188 (disobeying an order passed by a public servant) of the Indian Penal Code, an official said. As many as 714 personnel, including 81 officers, of Maharashtra police contracted COVID-19, and of these 61 had recovered from the infection, he said. Maximum number of coronavirus cases reported in the police department were from Mumbai, he added. At least 194 cases of attacks on policemen were reported in various parts of the state, while 680 persons were arrested in these incidents and 73 policemen and a home guard were injured in these attacks, the official said. Nearly 32 cases of attacks on health workers were reported in the state till Saturday, he added. Meanwhile, the police have registered 1,289 offences of

Adani Transmission on Saturday reported a 60 per cent drop in consolidated net profit at Rs 58.97 crore for the March quarter. The fall was mainly on account of a one-time writeoff of Rs 185 crore finance sunk cost, it said in a regulatory filing. The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019. Total income of the company rose to Rs 3,317.51 crore in the quarter under review from Rs 2,569.16 crore in the year ago period. For full fiscal 2019-20, consolidated net profit rose to Rs 706.49 crore, from Rs 559.20 crore in 2018-19.

Mahendra Singh Dhoni's manic following just keeps on increasing with India and Chennaiyin FC midfielder Anirudh Thapa being the latest to join the badwagon of his awestruck fans. Dhoni is one of the co-owners of Chennaiyin FC, the twice winners of Indian Super League in 2015 and 2017-18 season. The 22-year-old Thapa treasures his interactions with Dhoni during times when former India cricket captain would drop in to meet the Chennaiyin footballers. "He (Dhoni) used to come whenever we had a team lunch. He would stay back to talk to the boys and shared his experiences. He's a very down to earth guy. Obviously Thala is my favourite cricketer," Thapa said. "There were others who also asked him to come and sit with them, but instead he always preferred to sit with the footballers. He would say Let me sit with the boys and let me share some experiences'." Thapa, who has played 24 matches for India since 2017, said Dhoni would also share his on and off-field experiences with the ...

An NGO from Indore in Madhya Pradesh has sent a letter petition to the Chief Justice of India seeking direction to government authorities to ensure people with disabilities, or Divyangjan, reach their homes safely amid the lockdown for the novel coronavirus outbreak. The letter was sent to the CJI on Friday, Anand Service Society's directors Gyanendra and Monica Purohit told PTI. "More than 150 Divyang persons are stuck in different parts of the country and waiting endlessly to go back to their homes. We have sent a letter petition to the Chief Justice of India requesting him to issue necessary directions to the concern authorities," Purohit said. "After our successful mission to rescue 23 speech and hearing impaired persons, a large number of people with disabilities have approached us to make arrangements for their safe return to their homes. "We need government support for it and, therefore, requested the Chief Justice of India to give necessary directions to National

Confined to their homes without access to courts due to the lockdown, India's young shuttlers are an "irritated" and "frustrated" lot, says chief junior national coach Sanjay Mishra, who feels more like a counsellor these days. The national lockdown to combat the COVID-19 pandemic, which has so far killed nearly 2000 people and infected more than 59,000 in India, is in place till May 17. "It has been nearly two months, the young players have been staying at home and now they are getting irritated and frustrated by the sheer mention of the word lockdown," Mishra, who took up the position in 2017, told PTI during an interaction. "I keep telling them it is happening to the whole world not to you in particular and ask them to focus on boosting their mental toughness." Mishra says he tells his wards to try and control the negative thoughts which would also help them deal with tough match situations. "I tell them to remember the times when they got frustrated or irritated and lost crucial ..

Finance Minister Nirmala Sitharaman on Saturday said Rs 18,253 crore has been disbursed to 9.13 crore farmers under the PM-KISAN scheme during the ongoing nationwide lockdown. Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account. Front-loading the release of the first installment under the PM-KISAN scheme was part of the Rs 1.70 lakh crore Pradhan Mantri Garib Kalyan Package (PMGKP) announced on March 26 to protect the poor from the impact of the coronavirus lockdown. The lockdown was imposed by Prime Minister Narendra Modi on March 25 to curb the spread of COVID-19, and since then it has been extended twice. With regard to further assistance to farmers, the finance minister said that 3 crore farm loan borrowers have opted for a three-month moratorium. "Since March 2020, 9.13 crore farmers have been paid Rs 18,253 crore under PM-KISAN during the #lockdown. About three crore farmers with

All the state universities in West Bengal will implement the academic calendar in their respective institutions within a month after the lockdown is lifted, Education Minister Partha Chatterjee said on Saturday. Chatterjee, who earlier in the day held a videoconference with vice-chancellors of all the state universities, told reporters at an online press conference that the VCs have decided on how to conduct the classes and the final semester examinations. "The academic calendar, including examinations, will be put into effect within a month after the lockdown is lifted," he said. Chatterjee said the institutions have also received the University Grants Commission (UGC) guidelines in this regard and the issue came up in the meeting held during the day. He had earlier said that the UGC guidelines reflect the recommendations made by the state government on issues such as conducting terminal examinations in the post-lockdown period. "The faculty members of the universities .

Nearly 3,000 patients were provided assistance for treatment and medicines by the Srinagar district administration in Jammu and Kashmir through its helpline amid teh coronavirus-driven lockdown, officials said. The IVRS-based call centre was inaugurated by Lt Governor Girish Chandra Murmu on April 17 and it replaced a series of helpline numbers launched in March aimed at attending to health emergencies on priority during the lockdown. A dedicated fleet of 10 vehicles and a team of 12 professionals have been deputed on the job round-the-clock for attending to issues related to health emergencies, demands related to dialysis, chemotherapy, diabetes and other such ailments, the officials said. Apart from the IVRS call centre, they said four mobile numbers have also been made available. Deputy Commissioner of Srinagar Shahid Iqbal Choudhary empanelled 13 dialysis centres across the city for providing dialysis services, the expenses of which are borne by the district administration. Most ..

From its promising beginning and grand proclamations at international fora, the nation's Biodiversity Plan has undergone a massive erosion, as MoEF has consistently put economic values above environmental ones. Kanchi Kohli reports.

Could India’s inflexible and rather aggressive attitude in global climate negotiations jeopardise its domestic mitigation of the real threats from climate change? Darryl D’Monte summarises the key take-aways from a TISS conference that dwelled upon this and related issues.

As the draft agreement is getting ready at the Climate Change Conference in Paris, Darryl D’Monte gives a final round-up on how countries are changing their alliances keeping their own interests in mind, and if it will be possible for a developing nation like India to work towards a low-carbon future.

In this edition we have reports on the recently concluded Paris Climate Change Conference by Darryl D'Monte who was in Paris. We also look at the shocking realities faced by AID patients and their families, how CAG is in trouble in Delhi for auditing three power distributors, will the Sustainable Development Goals of UN achieve what the Millennium Development Goals failed to do and much more.

The Green Revolution was a publicly owned technology, but the current version is its opposite; processes, products, and research methodologies are caged in patents and the farmer has little say or control. But chasing nuclear stardom, India has once again sacrificed agriculture, writes Suman Sahai.

In the 2004-5 budget speech, the finance minister announced subsidy support for a hundred thousand water harvesting units. But governments continue to miss the point that decentralisation must allow citizens choice over institutions too, not merely access to new schemes and loans, says Sudhirendar Sharma.

The government has recently announced its Resettlement and Rehabilitation policy. Even though there are some important improvements in it -- the move is timed during rising violence and resentment around the eastern region -- it appears to sidestep the tough questions. Shripad Dharmadhikary has the early verdict.

In our coronavirus-tainted world, we’re realizing that we depend a lot on our laptop webcams… and they’re not good. WSJ’s Joanna Stern compared the new MacBook Air to the Dell XPS 13, Google’s Pixelbook Go and Microsoft’s Surface Laptop 3.

The world’s largest and longest-running longitudinal research and action initiative on gender in the news media released in New York on 2 March, where the 54th session of United Nations Commission on the Status of Women is currently on. Ammu Joseph summarises the findings.

There are several immediate steps both the Centre and the Maharashtra Government could take to ease the situation in Vidarbha. These would not solve the long-term crisis, but would surely slow down the farm suicides that continue to rise, writes P Sainath.

Tsunami relief in Tamilnadu may have taken on an altogether unexpected colour. Some villages escaped the giant tides, and yet in Shanmuganagar, villagers destroyed their homes, when the tsunami itself did not. Why? "We were scared, and they promised us a new house," finds Dilip D'Souza .

He said no to Brook, as he would not be allowed to carry hemp to the US! He had selective praise for Dylan and was openly caustic about contemporary artists. Shoma A. Chatterji reviews a biographical film on Gour Khepa, the brilliant and eccentric baul who lived life on his own terms.

Ganjam migrants in Surat send home Rs. 400 crore a year, a fourth of that through the unique Tappawala courier system. But global recession has seen remittances take a hit, writes P Sainath.

A senior advocate at the Srinagar High Court, Parvez Imroz helped bring together hundreds of Kashmiri families whose members have disappeared in the conflict. The media have not been forthright when reporting about Kashmir, he tells Joe Athialy in this interview, but acknowledges that the support of other people's movements is vital.

A clear focus on protecting the interests of non-smokers has led to worldwide efforts to ban smoking in all public places, and strongly curtail any exceptions. India too has joined this trend, writes Ramesh Menon.

Unnecessary tests, forced hospitalisations to meet the targets set for employed physicians, and the infamous but real ‘sink test’: the shocking realities in the private healthcare sector are many, as Pavan Kulkarni finds out at a panel discussion on the issue. Is more regulation the need of the hour?