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Lockdown, Day 58: Business (not) as usual

India is gradually opening up its skies, with domestic air travel resuming on Monday. This, as India's case count hit 1,12,359, a rise of over 5,600 cases- one of the highest single-day rises in recent weeks. Flyers, however, can forget about easy travel - with a slew of mandatory safety and social distancing measures being announced.

While India finds ways to get back on its feet, Corporate India may take over a year to get back to business as usual, with a 25% dip in revenues.

Track this space for latest updates...



COUNT SO FAR
    Rajasthan reports 131 new cases, tally stands at 6146
    Telangana count reaches 1,661 with 27 new cases
    116 new cases reported in Karnataka, tally rises to 1568
    59 new cases in MP's Indore, district count reaches 2774
    62 more cases in Uttarakhand, tally now 122
    Himachal Pradesh now has 126 cases
    Odisha reports 7th death, total cases 1103
    Assam reports 1 new case, tally at 189
    Andhra count now 2605, toll at 54
    Death toll in Delhi mounts to 194; highest single-day spike of 571 cases takes tally to 11,659

World
India
TallyTollTallyToll
5,014,943328,462112,3593,435


LIFE UNDER LOCKDOWN
    AAI issues SOP for domestic flights' resumption
    Intra-state bus services in AP partially resumed from today
    Ticket bookings to open at physical facilities from Friday, more trains to be announced
    Swiggy starts home delivery of alcohol
    Delhi HC to take up urgent matters via video conferencing from Friday
    Sale of lottery tickets resumes in Kerala after two months

BUSINESS AND ECONOMY
    Rupee settles 19 paise higher at 75.61 against US dollar
    HMSI to resume manufacturing operations from next week in phased manner
    Fitch says Telcos' mobile growth weakens; remains robust
    JLR India, Nissan enhance online sales
    Skoda Auto Volkswagen resumes production at Aurangabad plant
    Corporate revenues drop over 25% during lockdown; normalcy may take over 1 year to return: Survey

GLOBAL ECONOMY
    IMF approves $396 million loan to Jordan to ease COVID-19 impact
    EasyJet to restart some flights in June with compulsory masks
    Japan April exports fall 21.9% year/year
    Gold drops 1% on stronger dollar, hopes of economic recovery
    JPMorgan plans to hire a dozen research analysts for China brokerage

AROUND THE WORLD
    Germany's confirmed cases rise by 745 to 176,752
    China reports 33 new cases
    US deaths rise by 1,561 in 24 hours
    Brazil registers 888 deaths, record of nearly 20,000 new cases
    Mexico registers record one-day death toll with 424 fatalities
    South Korea reports 12 new cases, total reaches 11,122
    Singapore's health ministry confirms 448 new cases


 



Lockdown, Day 57: Jet, set, go


 India is looking to restart domestic flight operations from May 25, despite registering its highest daily rise with 5,611 new cases in the last 24 hours. Maharashtra alone witnessed over 2,000 new cases for the third straight day.

The nationwide lockdown has cost Ola 95% of its revenue in the last two months, leading to 1,400 of its employees losing their jobs. The news comes days after Ola announced resumption of operations in more cities following new guidelines.

Here are the latest updates from today:


COUNT SO FAR:

    Goa reports 8 new cases, tally 46
    Three new cases take Assam's tally to 157
    Rajasthan reports 107 new cases; tally nears 6,000-mark
    Jharkhand now has 248 cases
    68 new cases in Andhra Pradesh
    Karnataka reports 63 new cases; tally now 1,458
    Kerala reports 24 new cases, state tally climbs to 666
    12 fresh cases in Himachal
    Toll in Delhi now 176; tally to 11,088 after highest single-day spike - 534
    9 new cases reported in Uttarakhand

World
India
TallyTollTallyToll
4,897,567323,286106,7503,303


LIFE UNDER LOCKDOWN:

    Two-month fishing ban along Karnataka coast to begin on June 1
    Liquor shops reopen in Ranchi
    Public transport reinstated in Delhi
    Tamil Nadu to provide relief to unregistered handloom weavers

BUSINESS AND ECONOMY:

    Sensex 622 ends points up; Nifty above 9,050
    India's GDP to see 5% contraction in FY21, says Icra
    Debt binge to widen India’s fiscal gap to 13%: HSBC
    Dr Reddy's Q4 profit soars 76% YoY to Rs 764 crore
    PM Vaya Vandana Yojana extended till Mar 31, 2023
    Foreign investors pull out $16 billion from India
    Ola to layoff 1,400 staff
    Twitter-backed Sharechat to layoff 101 employees

AROUND THE WORLD:

Rolls-Royce says to axe 9,000 jobs
UK inflation falls to three-year low
JLR resumes production at Solihull plant in UK
US deaths projected to top 1,13,000 by mid-June
US records over 1,500 deaths in the past 24 hours
Germany's cases rise by 797 to over 176,000
Brazil records 1,179 deaths; 271,628 cases