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Coronavirus outbreak: India reports 106 new positive cases and 6 deaths today

Union Health Ministry, Joint Secreatry, Lav Agarwal confirmed 979 coronavirus cases in the country including 25 deaths so far. He said that in the last 24 hours the country has reported 106 new positive cases and 6 deaths. Lav Agarwal said, "All 6 deaths have been reported from 6 different states." Joint Secretary said that we are working towards identifying emerging hotspots and are implementing rigorous cluster containment strategy in these hotspots. Coronavirus outbreak: India reports 106 new positive cases and 6 deaths today

Gautam Adani gives Rs 100 crore to PM Fund to fight coronavirus

New Delhi, Mar 29 () Billionaire Gautam Adani on Sunday announced a Rs 100 crore contribution by his group's philanthropy arm to the Prime Minister's Fund to fight coronavirus outbreak.

Coronavirus: Confirmed cases cross 1,000; govt orders sealing of state, district borders to check mass infection

The national capital alone reported 23 fresh positive cases, taking its count to 72, while more people tested positive in adjoining Noida as also in Maharashtra and Bihar, among other states.

Tackling the inevitable: The need for new economic ideas in the time of coronavirus

The economy stands upon a mountain of debt in a time when growth is nowhere in sight to service them.

Govt asks shipping lines not to impose container detention charges on EXIM shipment

Due to delays in evacuation of cargo, some cargo owners have either suspended their operations or are finding it difficult to transport goods or complete the paper work. The government has imposed a complete lockdown in the country for a period of 21 days till April 14 in the wake of outbreak of deadly coronavirus.

Air India pilots union asks DGCA to temporarily suspend pre-flight and post-flight alcohol tests

​​Referring to the Spicejet pilot's case, a letter by Indian Commercial Pilots Association (ICPA) stated that "continuing BA Tests in these circumstances is extremely dangerous" as the machine for the test remains the same and droplets or aerosols of infected pilots may infect the healthy.

Industry wants government to make this financial year a 15-month one due to Coronavirus

Industry experts point out that for all the companies last one month has hugely impacted cash flows and that has resulted in their mark to market. Extension of the financial year may spread the bad period over more months and could help companies recover a bit say experts.

Mass exodus, rising count: In first weekend under lockdown, India adjusts to new normal

India's most vulnerable, who fear dying not of the disease but rather of starvation, have decided not to wait. Unable to afford food and rent, migrant workers in the national capital have begun walking home, hundreds of miles away, as the lockdown keeps them from work.

John Hopkins varsity disassociates from study on India's possible COVID-19 cases

The US-based John Hopkins University has disassociated itself with a previous study which landed into controversy for claiming that as many as 12.5 crore to 24 crore people are likely to be infected by the novel coronavirus in India.

How coronavirus could affect restaurants and the culture of eating out in India

In India, deep-seated cultural prejudices about dining with “others” are likely to become exacerbated.

If we don't follow lockdown, we will fail as a country: Delhi CM Kejriwal

"A large number of people are returning from cities they work in to their villages due to the coronavirus lockdown. I appeal to them, please stay wherever you are,". "We have seen what has happened in some of the developed countries like the US and Italy. Thankfully, India is not in that stage yet. But going into a crowd will invite risks of infection," Kejriwal said.

Government launches helpline for mental health issues during lockdown

"We are under a lockdown and behavioural issues are very important under such situations. It is a new process. If there are any behavioural issues, lack of understanding for that we at the National Institute of Mental Health in Bangalore in collaboration with all other institutes has been trying to provide guidance.

Coronavirus: US to airlift citizens stranded in India

Prime Minister Narendra Modi on Tuesday announced a three-week lockdown in the country as part of measures to curb the spread of coronavirus that has claimed over 26,000 lives globally.

COVID-19 battle: Global tender floated to buy protective gear

HLL Lifecare is the nodal agency for acquiring PPE for those tackling the coronavirus outbreak. Healthcare workers weren’t too impressed at the speed with which it has been moving. The last date for receipt of bids is April 15, by which time the current lockdown is scheduled to end.

Cyber chief's warning as hackers target PM's Covid fund

Talking to ET Online, in a telephonic interview Lt Gen.Pant said, “In the past two months almost 4000 fraud portals related to Corona Virus have been created across the globe by cyber criminals and other mafia organisations.”

Saudi Arabia assures India of uninterrupted LPG supply: Oil minister Dharmendra Pradhan

"Had a video conference with HRH Prince Abdulaziz, Saudi Minister of Energy and Mr Amin Nasser, President & CEO @Saudi_Aramco. We discussed about the global oil market developments and on uninterrupted LPG supplies from Saudi Arabia to India. Prince Abdulaziz assured (me) of LPG supplies in the coming days to support our domestic requirement," Dharmendra Pradhan posted on his Twitter account.

Covid fallout: IndiaNivesh shuts down PMS business amid market meltdown

Consequently all assets such as securities and bank balance will be handed over to the clients.

Coronavirus scare: FPIs pull out Rs 1.12 lakh crore in March so far

Lockdowns have become a norm world over and have led the FPIs to adopt a cautious stance.

Amid spike in coronavirus cases, India boosts capacity for tougher challenges ahead

Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is "no solid evidence" of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.

All bank branches to be operational from Monday

Cash deposit and withdrawal, clearing of cheques, remittance services, government transactions and ATM services as listed as essential banking services.

FIR against officials of private firm in Noida for hiding travel history, exposing others to coronavirus

Uttar Pradesh has so far 55 confirmed cases of COVID-19 as of Saturday.

India needs at least 38 million masks to fight coronavirus: Agency document

In a four-page internal document dated March 27, the Invest India agency detailed efforts to find companies that can supply critical supplies. Invest India said it had contacted 730 companies for ventilators, ICU monitors, protective equipment, masks and testing kits, of which 319 firms had responded so far. PM Modi ordered everyone on Tuesday to stay at home for three weeks.

Coronavirus updates, govt measures, FII flows among key factors that may guide Dalal Street this week

Number of coronavirus cases in India is nearing 1,000, evoking fears of community transmission.

TRAI grants six weeks additional time to telcos to file monthly, quarterly reports due in April

The decision comes within days of industry body COAI writing to TRAI for granting additional time to companies to file such reports, citing massive efforts being undertaken by telecom companies to overcome "numerous operational challenges" in order to keep vital networks up and running amid the 21-day nationwide lockdown.

PMO sets up high-level panels to deal with situation post lockdown; restore normalcy

The initiative is being viewed as pro-active step by the government to deal with multiple challenges, which the outbreak of pandemic COVID-19 has posed and made the country to deal with emergency situation, they said, adding these groups will also work on strategy for restoring normalcy in their respective sectors.

Military, Defence Ministry employees to donate one day's salary to PM's COVID-19 fund

A number of union ministers, private entities, industrialists and government organisations have responded to the prime minister's announcement and contributed to the fund.

How countries are using technology to fight coronavirus

The technologies being used against the pandemic are raising questions about excessive surveillance.

Coronavirus: Can India ramp up its health infrastructure swiftly to contain this pandemic?

The government is hurriedly ramping up its medical infrastructure. But how much can we stretch?

COVID-19: Health Ministry asks over 10 domestic manufactures to produce PPE

Components of PPE are goggles, face-shield, mask, gloves, coverall/gowns (with or without aprons), head cover and shoe cover.

Coronavirus in India: Health Ministry confirms 149 fresh COVID-19 cases, 19 deaths

Union Health Ministry Joint Secretary, Lav Agarwal confirmed 873 coronavirus cases and 19 deaths so far. He said, “Since tomorrow, 149 COVID-19 cases have been reported along with 2 additional deaths.” Lav Agarwal said that the Health Ministry, along with the State Governments, is working towards community surveillance, rigorous contact tracing and containment strategy. “We aim to ensure that lockdown and contact tracing is practiced across the country,” he added. Health Ministry says that focus is towards the construction of dedicated COVID-19 hospitals and COVID-19 blocks along with isolation beds and required logistic to fight coronavirus pandemic. Coronavirus in India: Health Ministry confirms 149 fresh COVID-19 cases, 19 deaths

Coronavirus cases rise to 873 in India, death toll 19

In its updated figures at 9.30 am, the ministry mentioned two fresh deaths -- one each in Maharashtra and Madhya Pradesh.

View: Relief package is peanuts. India needs to triple it

The measures aimed at countering coronavirus are mostly in the right direction but hugely inadequate, he says.

Covid effect: Govt may ease resolution rules for insolvent firms

Sitharaman recently said that if the disruption caused by coronavirus extends then it would suspend the use of the corporate insolvency resolution process for sometime. The finance minister had also increased the minimum amount of the default required to initiate the insolvency resolution and liquidation processes against companies from Rs 1 lakh to Rs 1 crore.

Finance Minister, RBI meeting on Tuesday to decide first-half borrowing plan for FY21

The meeting between the Finance Ministry and Reserve Bank of India (RBI) will be held through video conferencing for the first time as there is lockdown across the country. As per the Budget, the government plans to borrow Rs 5.36 lakh crore from the market in 2020-21, higher than the Rs 4.99 lakh crore estimated for the current financial year.

Two more coronavirus positive cases in Tamil Nadu

While a 42-year-old man, a resident of Kumbakonam, had arrived here from the West Indies, the other, a 49-year-old. had come to the city from the United Kingdom. ​​

PM Modi announces emergency relief fund for coronavirus fight

Prime Minister Narendra Modi announced the creation of an assistance and emergency situation relief fund where people can contribute and help in the government's fight against coronavirus.

View: GoI needs to collect & analyse patient dataset to generate policy insights

​India needs to start epidemiological data collection & analysis to fine-tune its Covid response.

Awareness of coronavirus reaches crescendo in India

According to Google Trends, coronavirus is the most popular in Goa with a score of 100 followed by Andaman & Nicobar Island (86), Karnataka (80), Meghalaya (75), and Nagaland (74). Barring Karnataka, these states have lower cases of virus infection. Maharashtra and Kerala where the maximum cases of the Coronavirus have been detected are ranked ninth and 33rd.

Personal loss not withstanding, IOC Chairman continues to manage fuel supplies during lockdown

Sanjiv Singh, who has been overseeing refinery operations and distribution chain since the time states declared restrictions to check spread of coronavirus in mid-March, lost his 89-year-old father on March 24. Within 24-hours he was back in action, converting his parental home at Lucknow into a war room, monitoring operations and supplies to see no part of the country went dry at anytime.

Punjab allows operations in industry, brick kilns to support migrant labour

Captain Amarinder said his government was also in discussion with Radha Soami Satsang Beas, which has already offered its Bhawans as quarantine facilities, to allow migrant labourers to stay there as these people would be needed for wheat harvesting in the fields in two weeks’ time.

Anand Mahindra, Kiran Mazumdar-Shaw in awe of the 'woman behind India's first coronavirus testing kit'

Hours before delivering her baby, Minal Dakhave Bhosale had submitted the COVID-19 kits for evaluation.

Mann ki Baat: PM Modi asks for forgiveness of those who are facing hardship due to lockdown

"I ask for forgiveness from my country men especialy the poor who have been asked to remain under lockdown and have to face difficulties. I understand their pain and suffering but it is essential to fight the coronavirus pandemic," Prime Minister Narendra Modi said during his monthly radio programme.

Tata Trusts commits Rs 500 crore to fight coronavirus

Commenting on the same Ratan Tata said, "The situation in India and across the world is of grave concern and needs immediate action. Tata Trusts and the Tata group’s companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time. " He added that urgent emergency resources need to be deployed to cope with the crisis.

5 new coronavirus cases in UP's Gautam Buddh Nagar

"The village in Dadri and the sectors concerned in Noida are being temporarily sealed for a period of 48 hours so that sanitisation work could be carried out there. No entry into or exit from the society or the sector would be allowed during this period except for emergencies,” Singh stated in an order.

Coronavirus impact: How tech companies are helping institutions smoothen their sudden transition to an online-only teaching format

Tech companies are helping institutions smoothen their sudden transition to an online-only teaching format.

PM Modi urges AYUSH practitioners to pitch in to combat coronavirus

PM Modi suggested that AYUSH medicine producers could utilise their resources to produce essential items such as sanitisers, keeping in mind the high demand for such items following the coronavirus outbreak.

Coronavirus: The biggest challenge right now is business continuity

As the Covid-19 outbreak hits companies hard, CFOs like Vaish are bracing for what many are referring to as the toughest phase in their careers.

Right time to invest in equities; go for SIP route: Experts

Experts believe healthcare and telecom sectors are expected to perform well in this prevailing situation.

Should you shift to FDs or tweak investment strategy? Here’s a clue

Sensex and Nifty have tumbled nearly 30% till date from their all-time highs hit in January.

Bruised Indian economy to be battered further by coronavirus: Reuters poll

According to the Reuters poll of economists taken March 25-26, India's economy will expand just 4.0% annually on a year ago in the quarter that ends on March 31, the weakest since comparable records began in early 2012. India's informal sector, the backbone of the economy, will be hardest hit as economic activity comes to a standstill.

Amid coronavirus outbreak, RBI loan breather for telcos

Experts though have called on the government to consider a three-month moratorium on operators’ revenue-share commitments for the April-June quarter FY21, which would be more significant relief for the debt-laden telecom sector that is currently reeling under the impact of the adjusted gross revenue (AGR) payments crisis.

Tweet Buster: Time to bet on microcaps; is the worst over for markets?

Independent market expert Sandip Sabharwal says the worst could be over for global markets.

Air India operating cargo flights to move medicines, medical equipment on Saturday

National carrier Air India and its regional arm Alliance Air are operating a host of cargo charter flights mostly with medical equipment and medicines on several routes on Saturday, an Air India spokesperson said.

Govt allows use of passenger planes to ferry cargo to fight Coronavirus

“The government has allowed airlines to carry cargo in their passenger aircraft, which are grounded at various airport, and approvals from the aviation regulator - Directorate General of Civil Aviation - is in process,” said a source, who did not want to be identified.

Coronavirus outbreak: Stocks of medicines, staples shrink further

Many companies were hopeful that Monday would be much better as various authorities were actively trying to smoothen the flow of essential items, but some industry executives bluntly said time was running out.

India's 1st corona images show it's round with cobbled surface

The specimen for these images were taken from the throat swab of a woman in Kerala.

PM Modi on coronavirus: India will be under complete lockdown for next 21 days

Prime Minister Narendra Modi on Tuesday said the nationwide total lockdown will be in place for three weeks from 12 o'clock tonight. "In view of the current situation, the nationwide total lockdown will be in place for 21 days -- three weeks," said Prime Minister Modi during his second address to the nation. "It is a kind of curfew," he said. The Prime Minister said: "If we are not able to manage the upcoming 21 days (of nationwide complete lockdown), we will be pushed back 21 years."PM Modi on coronavirus: India will be under complete lockdown for next 21 days

Coronavirus outbreak: Need for SITRA nod slows coveralls supply

The Preventive Wear Manufacturers’ Association of India (PWMAI) and the Association of Indian Medical Device Industry (AiMeD) have asked the government to allow them to self-attest products in the view of the shortage of coveralls for healthcare providers.

India proposes online platform for SAARC to jointly combat coronavirus

At an India-initiated video conference of SAARC leaders on March 15, Modi suggested that health professionals of the member nations could come together to jointly fight against the coronavirus pandemic.

Coronavirus pandemic a bigger opportunity than a threat for India

For a 1.3 billion-people country, the virus-positive and death cases seemed too low to warrant a drastic action.

Meet the woman behind India's first covid testing kit

Minal Dakhave Bhosale developed India's first Covid kit in just six weeks.

Number of coronavirus cases 724 in India, death toll 17: Health Ministry

The death toll due to COVID-19 rose to 17 in the country on Friday and the number of coronavirus cases climbed to 724, according to the Health Ministry.

Lockdown 'botched-up', India deserves better: Prashant Kishor

"For all our optimism, the bitter truth is India's covid response needs to get better than just banking on a botched-up lockdown, less than 10 covid test per million & non-existent COVID treatment & care facilities for people needing such services. India deserves better," the former JD(U) leader said.

As coronavirus cyclones through world, companies strengthen virtual bonds

Starting this week, Dalmia Bharat Group is organising morning Bhagavad Gita discourses through a Zoom call, where its employees working from home can tune in before they get to their work online. “Once the lockdown stops after 21 days, this may just become a way of life (in the company),” said Menon.

India's response to COVID-19 pre-emptive, pro-active, graded: Govt

India's response to COVID-19 has been "pre-emptive, pro-active and graded", the govt said.

View: Corona lockdown is needed but it might put the economy on ventilator

The lockdown is justified. The Covid-19 coronavirus, which can grow exponentially, was stalled in China with the help of similar lockdowns. No wonder big parts of Europe and the US are following the same model to stop the virus, writes Chetan Bhagat.

Sun Pharma to donate Rs 25 cr worth drugs, sanitisers to fight coronavirus

Sun Pharmaceutical Industries Ltd has committed to donate Rs 25 crore worth of Hydroxychloroquine (HCQS), Azithromycin, other related drugs and hand sanitisers to support India's fight against coronavirus pandemic.

Get your coronavirus info right: Facebook launches Messenger Chatbot to counter fake news

The tech company has collaborated with Health Ministry and MyGov to raise awareness.

Coronavirus: Sebi eases compliance norms for shareholding disclosures

In a separate circular, the regulator said it has eased operational procedure for takeover.

Responding to coronavirus crisis, RBI slashes rates

The Reserve Bank of India slashed interest rates on Friday, following other central banks that have taken emergency measures to counter the economic fallout from the fast-spreading coronavirus pandemic.

N99 masks, bodysuit: DRDO's plan to combat coronavirus

The DRDO has produced a range of products, including multi-layered advanced masks and bodysuit to deal effectively with the outbreak of coronavirus.

Coronavirus: India must do more genomic sequencing to enable faster decision making

The SARS-CoV2 genome, as it is formally known, has about 30,000 base pairs, somewhat like a long string with 30,000 places where each one of these occupy one of four chemicals called nucleotides. This long string, with its unique combination of nucleotides, is what uniquely identifies the virus and is called its genomic sequence. To put that in context, a human genome, which is more complex, has 3 billion base pairs.

'More compassionate' approach required to deal with coronavirus crisis: Rahul Gandhi

Congress leader Rahul Gandhi on Friday called for a "more nuanced and compassionate approach" to deal with the coronavirus crisis, saying the lockdown will devastate the county's poor and weak.

What did RBI do to address coronavirus crisis?

This massive cut has brought down repo rate to 4.4%, which is the lowest ever.

Current 'challenging time' in India can prove to be 'an opportunity': US business advocacy group

Prime Minister Narendra Modi on Tuesday announced a countrywide lockdown for three weeks, restricting a population of over 1.3 billion indoors, in an effort to contain the spread of the deadly coronavirus, which has infected over 870 people, including 19 deaths, in India.

Union Bank expects Rs 2,500 cr benefits due to amalgamation: CEO Rajkiran Rai G

Union Bank said implementation of all the processes under amalgamation will happen without much disruption to customers and employees of Andhra Bank and Corporation Bank.

After SC order, India's cryptocurrency space is whirring back into action

​​Even as Coronavirus spread, with sectors such as retail, travel, aviation, realty and others hunkering down to face prolonged economic pain, the small club of cryptocurrency players stood out. They are hiring and are witnessing customers, particularly millennials, flocking in to buy virtual money.

RBI steps to help mitigate impact of coronavirus lockdown on biz: Industry

RBI Governor Shaktikanta Das predicted a big global recession and said India will not be immune. It all depends how India responds to the situation, he said. Global slowdown could make things difficult for India too, despite some help from falling crude prices, Das said, adding food prices may soften even further on record crop production.

A step India is taking could make doctor shortage a non-issue in coronavirus battle

The move, currently under discussion at the highest level, is important because it can plug the shortage of specialists. As of now, a shortage of doctors looks like a clear possibility given a highly likely surge of cases in the weeks to come.

Massive evacuation operation on as huge mass of migrants heads out of city

At a time when India is in lockdown, a massive evacuation operation to take thousands of people home began in the early hours of Saturday at Delhi's borders with Ghaziabad and Noida and continues as you read this report.

WUD shifts to online learning to combat COVID-19 disruption

WUD is using technology enabled AI, Supervision Technologies and Video Conference and other tools to enable virtual learning.

Ahead of Market: 12 things that will decide stock action on Monday

Nifty needs to breach the 8,900-9,000 range, before instilling confidence among investors.

India seeks deferment of annual Indus meeting with Pakistan due to Coronavirus

Indus Commissioners of India and Pakistan are supposed to hold meeting by March 31 every year, according to the Indus Waters Treaty signed between the South Asian neighbours. Under the provisions of the Indus Waters Treaty, "the Commission shall meet regularly at least once a year, alternately in India and Pakistan".

Coronavirus lockdown: Labour pain- infection worry keeps attendance low across sectors

During an interaction with the government, industry members were told that workers who have returned home shouldn’t be called back, to reduce the probability of disease transmission, but that consumers shouldn’t suffer because of backend labour shortage.

Lockdown may not be enough to contain coronavirus spread in India: Rajan

“It may be hard to prevent infections from spreading,”the former Reserve Bank of India Governor said.

Hospitals offer to convert sites into dedicated coronavirus facilities

Apollo Hospitals Group and Max Healthcare told ET that they have offered to convert at least one of their facilities in large metros into Covid-only hospitals to prevent “cohorting” of Covid-19 patients and other patients.

RBI cuts repo rate, unleashes $50 billion ‘bazooka’ in coronavirus fight

The RBI cut the Cash Reserve Ratio by 100 basis points to 3 per cent to boost liquidity.

Mega merger of state-run banks comes into force from April 1, says RBI

Govt notified the amalgamation of 10 state owned banks into four as part of its plan to create stronger PSBs.

Coronavirus cases in India soar to 562

The number of coronavirus cases in India rose to 562 on Wednesday while the death toll due to COVID-19 in the country was revised down to nine, according to Health Ministry data.

Coronavirus to impact India's economic growth "severely": D&B

According to Dun & Bradstreet's latest Economy Forecast, the probability of countries entering into recession and companies going bankrupt has increased and India is not likely to "remain decoupled" from the global meltdown. India's GDP growth is expected to moderate further from our earlier estimate of 5 per cent for FY20, it said.

Fitch Ratings: APAC thermal power project ratings unaffected by coronavirus

In India it has rated Lalitpur Power Generation Company Ltd’s senior secured note under the thermal power project rating criteria.

Outbreak ground report from India's top five coronavirus clusters

The spread of the virus has not been uniform throughout the country. Some states have been more susceptible to the spread, while some have managed to remain corona-free. Then there have been states like Gujarat which remained infection-free for some time and then suddenly saw a spike.

Economic life after Covid-19: Lessons from the Black Death

Post the Black Death, a realization that life is short, played a big role in shaping interest rates in Europe.

Number of coronavirus cases 649 in India, death toll 13: Health Ministry

Maharashtra reported three deaths, Gujarat two, while Madhya Pradesh, Tamil Nadu, Bihar, Karnataka, Punjab, Delhi, West Bengal and Himachal Pradesh reported one death each.

China's rearguard actions to arrest COVID-19 spread offer lessons for India: Health experts

India's nationwide lockdown is broadly compared to that of China's sledgehammer clampdown of over 56 million residents of cental Hubei province and its capital Wuhan since January 23, which reported over 68,000 cases of the country's total 81,340 COVID-19 infections and 3,292 deaths as of Thursday.

India needs to achieve herd immunity to effectively counter Covid-19: Swaminathan Aiyar

India will have to achieve herd immunity to be able to fully counter covid, Swaminathan Aiyar has said.

India’s chaotic cities turn eerily silent as virus fears grow

By Saturday India had reported 918 infections and 19 deaths, triggering community infection fears.

Shaktikanta Das' war-room takes extraordinary measures to fight Coronavirus threat

The move followed the government announcing a Rs 1.7 lakh crore package on Thursday to put a safety net in place for those hit the hardest. India began a 21-day lockdown on March 25 to try and rein in the disease.

India's ports in chaos as coronavirus lockdown hits operations

About $829 billion of goods traveled through India’s ports in 2018, according to data compiled by Bloomberg, the 13th most in the world. The country is also the third-biggest importer of crude oil and fourth-biggest of LNG, as well as a major buyer of coal and palm oil and an exporter of sugar.

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