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 |
|
| Tally | Toll | Tally | Toll |
| 5,014,943 | 328,462 | 112,359 | 3,435 |
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 |
|
| Tally | Toll | Tally | Toll |
| 4,897,567 | 323,286 | 106,750 | 3,303 |
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 |
