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Punjab Lost Rs 1,200-1,700 Crore of GDP Due to Covid-19 Lockdown, Says State Task force

Punjab Chief Minister Amarinder Singh set up the task force to find ways for the state to gradually get out of the unprecedented lockdown that is still in place to fight the coronavirus pandemic.




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Citing Economic Cost of Covid-19 Shutdown, Moody's Slashes India Growth Forecast to 0.2% for 2020

In its report titled Global Macro Outlook 2020-21 (April 2020 update), Moody's lowered G-20 advanced economies as a group to contract by 5.8 per cent in 2020.




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Hotel Industry Mulls Pay Cuts, Reducing Manpower to Tide over Lockdown Woes

Industry representatives said while some hotels have chosen not to entertain new guests, some have stepped up hygiene and sanitisation measures.




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Don't Let Telcos Charge Offices, Businesses for Unused Internet during Lockdown: PIL in Delhi HC

The petitioner contended that telephone operators and ISPs ought not to charge citizens for services not used by them while following the government's directions.




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Lockdown Impact: India's March Infrastructure Output Contracts 6.5% Compared to Last Year

The infrastructure output growth for February was upwardly revised to 7.1% from an earlier estimate of 5.5%, the data showed.




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March GST Collection Sinks to Rs 28,309 Crore, Down From Rs 1.13 Lakh Crore Last Year

Government officials said that collection numbers present a worrying trend, given that normal business activities were underway till March 24 when a nationwide lockdown was announced.




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Covid-19: Fitch Downgrades Viability Ratings of SBI, BoB, ICICI and Axis Bank

The agency affirmed the long-term issuer default ratings (IDR) of SBI and BOB at 'BBB-' and those of ICICI Bank and Axis Bank at 'BB+'.




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Lockdown Period, Global Recession & Changes in Consumer Behaviour to Shape Economic Activity: Report

According to Dun & Bradstreet's latest report, changes in consumer behaviour will determine the segments that are likely to flourish after the pandemic comes under control.




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Lockdown Led to Subdued Economic Activity But Saved India From Lot of Agony: SBI chairman

Nationwide lockdown should only be lifted once the situation is fully under control, said State Bank of India Chairman Rajnish Kumar.




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Sugar Output Falls 20% in October-April; Last 2 Months Sales Dip by 10 Lakh Tonne Due to Lockdown

Sugar sales in March and April declined by 10 lakh tonne because of the imposition of nationwide lockdown to control the coronavirus disease, the Indian Sugar Mills Association (ISMA) said.




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​​​Graded Exit From Lockdown Would Be Good For Businesses, Say 86% of CEOs in CNBC-CII Poll

On the effectiveness of India's COVID-19 strategy, 73% of the respondents said it has been successful so far.




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PM Modi Holds Meetings to Firm Up Second Stimulus for Reviving Lockdown-hit Economy

The prime minister also had discussions with key economic ministries such as Agriculture and Farmers' Welfare, and MSME to discuss various issues.




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Crane Owners Seek Liquidity Support Under MSME Package Amid Covid-19 Lockdown

Since the first lockdown extension, Crane Owners Association of India, which has over 150 members, have written twice to MSME Minister Nitin Gadkari and once to Finance Minister Nirmala Sitharaman, seeking their help.




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Nifty, Sensex Slump as Govt Extends Coronavirus Lockdown; HDFC Bank Slides

The NSE Nifty 50 index was down 4.25% at 9,448.15, while the S&P BSE Sensex was 4.34% lower at 32,260.30.




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India Doubles Down on Solar, Gas at Coal's Expense as Electricity Use Falls

India's solar and gas-fired electricity generation rose in April even as overall power demand fell at the steepest monthly rate in at least thirteen years, a Reuters analysis of provisional government data showed.




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India's Factory Activity Fell to Record Low in April as Lockdown Hit Demand, Disrupted Supply Chains

With new orders and output shrinking at the steepest pace since at least early 2005 factories cut jobs at the fastest rate in the survey's history, signaling a high chance of recession.




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Indian State Retailers' April Petrol Sales Down 61%, Diesel by 57%: Sources

The state retailers' petrol and diesel sales in first half of April declined by 61% and 64%, respectively, as a nation-wide lockdown to curb the spread of the coronavirus brought economic activity to a standstill.




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Average Daily Aadhaar-enabled Transactions Double; Over Rs 16K Cr Disbursed During Lockdown: FinMin

As many as 43 crore transactions leading to disbursement of Rs 16,101 crore took place during the lockdown period, the Finance Ministry said in a tweet on Monday.




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Tata Steel Leaves Indian Steel Association; TV Narendran Steps Down as President

An ISA official also confirmed Narendran's resignation but said the reason for his sudden resignation is not known yet.




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Coronavirus Lockdown: India's Coal Import Declines by 29 Percent in April

Coal Minister Pralhad Joshi had earlier written to state chief ministers asking them not to import dry-fuel and take the domestic supply of fuel from Coal India Ltd.




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Petrol, Diesel to Cost More in Rajasthan with Third Hike in VAT Rates amid Covid-19 Lockdown

The state government on Thursday increased the VAT on petrol to 38 per cent from 36 per cent earlier while on diesel to 28 per cent from 27 per cent earlier.




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Government Should Now Let the Economy Function Post-lockdown: Kaushik Basu

The global market is fearing that India would slide into a 'controlled economy', which would be very damaging, Basu added.




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Coronavirus Lockdown: PSBs Have Sanctioned Loans Worth Rs 42,000 Crore To MSMEs, Corporates So Far

Many MSMEs and corporates have also availed the three-month moratorium offered by banks as per the Reserve Bank of India




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Lockdown-hit Industry Demands Suspension of Labour Laws For 2-3 Years

The employers' organisations also sought relaxation of the provisions of the Industrial Disputes Act to treat the lockdown period as lay-off.




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India's Fuel Demand Dips Over 45% in April Amid Covid-19 Lockdown: Govt Report

Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes - its lowest since 2007, government data showed on Saturday.




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Govt Disburses Rs 18,253 Crore to 9.13 Crore Farmers Under PM-KISAN Scheme During 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.




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Novak Djokovic May Have Broken Covid-19 Lockdown Rules in Spain by Returning to Tennis Court

Novak Djokovic posted a video showing him exchanging shots with another man at clay court in the coastal city of Marbella.




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Kashmir Athletes Struggle to Practice During Coronavirus Lockdown

Kashmiri athletes like Afreen Hyder, Aijaz Hassan, Vilayat Hussain and more have to make do with the restricted spaces and still stay fit during Covid-19 lockdown.




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Use International Players as Coaches for Youngster During Coronavirus Lockdown: PV Sindhu

PV Sindhu said that senior Indian players with international experience can coach and help youngsters during the coronavirus lockdown.




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Anti-doping Hearings to be Conducted Online Amid Covid-19 Lockdown: NADA Director General

NADA hearings have not been taking place due to the lockdown to contain the Covid-19 pandemic.




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Hugs, Rugby on Agenda as New Zealand Continues to Ease Coronavirus Lockdown

Under New Zealand's four-tier alert system, social distancing protocols are enforced less stringently under level two, allowing contact sports including the national game of rugby union.




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Taiwan Baseball Draws Foreign Fans Amid Scarce Live Sports Due to Covid-19 Shutdown

Taiwan's baseball league games are being streamed with English commentary, racking up millions of views for matches featuring cardboard cut-outs of fans and robots beating drums.




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'Indian hero': Moldovan Tennis Player Dmitrii Baskov Feeds Poor in Ahmedabad Amid Covid-19 Lockdown

Dmitrii Baskov had come to India in January to visit a tennis academy and got stuck due to Covid-19 lockdown but is helping feel Ahmedabad's poor.




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Ultimate Fighting Championship Returns After Seven-week Sporting Shutdown

UFC chief Dana White touts the return of the mixed martial arts as a step toward normalcy and a boon for sport-starved fans.




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Sports Minister Kiren Rijiju Charts Way for Sports to Return to Normalcy After Covid-19 Lockdown

Kiren Rijiju said coronavirus has changed everything and sports need to be conducted in a new way




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Richa Chadha, Kalki Koechlin, Amyra Dastur, Pulkit Samrat Talk Gender Parity During Lockdown

In a video put together by Women in Films and Television India, the campaign, supported by these celebrities, takes stock of the issues borne out of vulnerable mental health caused by the lockdown.




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Lockdown Diaries: Gunjan Utreja Virtual Game Show With Celeb Couples

Titled Chalk And Cheese With Gunjan Utreja, the first season has celebrity couples like Aparshakti Khurana with his wife, Neeti Mohan and her husband and comic Amit Tandon among other guests who will play fun games and quizzes.




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Karan Wahi Shares Mother's Inspiring Weight Loss Story; At 62 She Lost 18kgs During Lockdown

Karan Wahi shared his mother's inspiring weight loss story by following diet and lifestyle changes.




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Amitabh Bachchan Gets Defensive About Shooting KBC Amid Lockdown

Veteran actor Amitabh Bachchan defended himself for shooting for Kaun Banega Crorepati 12 from his home saying that the shoot happened with necessary precautions and without flouting lockdown rules.




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Lockdown with Johars: Karan Johar Shares New Video of Yash and Roohi

Karan Johar is back with his twins Yash and Roohi on the much-loved series ‘Lockdown with Johars’. This time the trio has moved to the bathroom area.




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'When Sunday and Monday are Just the Same': Kajol’s Lockdown Story is Remarkably Relatable

Kajol, who is known for her wit and charm on social media, engaged in some humour with her fans by joking about not knowing which day it is amid the lockdown.




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Madhuri Dixit Reveals Her Favourite Part Of The Day During Lockdown

On the work front, Madhuri Dixit will be back as a judge on reality TV, when she returns on the new season of Dance Deewane.




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Samantha Akkineni Takes Acting Lessons from Helen Mirren During Lockdown

Southern actress Samantha Akkineni is making best use of the virtual world during lockdown. She is taking acting lessons from the acclaimed English actress Helen Mirren.




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Kriti Kharbanda Misses Her Favourite Workout, Adds it to Her Post Lockdown To-do List

Kriti Kharbanda, who is reminiscing the time when she used to do pole dancing, revealed that she regrets not installing a pole at home.




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Cure Your Lockdown Blues With This Throwback Video Of Taimur

In the video, Taimur Ali Khan can be seen wearing white kurta and pyjama.His uncle Armaan Jain also dons a white kurta over blue jeans in the same photo.




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Lockdown Life: Sonakshi Sinha Posts Adorable Picture With Pet Dog Gabru

Amid the coronavirus lockdown, Sonakshi Sinha posted an adorable picture with her pet dog Gabru, with a caption every pet owner could relate to.




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Ajay Devgn Posts Throwback Picture With Kajol, Jokes About Lockdown Being 22 Year Long

Ajay Devgn took to social media to post a throwback picture with Kajol while simultaneously joking about the lockdown feeling like 22 years of their marriage.




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Mangaluru: 35% rise in fake news on social media during lockdown

Cyber experts have recorded 30-35% rise in fake news on social media during the lockdown while the internet usage has gone up by 30%.




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Airtel Reportedly Lost About 30 Lakh Customers in J&K Due to Recent Network Shutdown

Union Home Minister Amit Shah said that Internet services would resume in the newly reorganised union territory (UT) on the recommendations of the local administration.




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Paytm Mall Receives 3.5 Lakh Requests to Deliver Mobile, Laptops Amid Covid-19 lockdown

The company said it has also received over two lakh e-mails from customers for delivering the non-essential items with demand for mobile phones rising 200 percent.