Supreme Court extends order of no coercive action against employers for non-payment of full wages
NEW DELHI: The Supreme Court on Thursday extended till June 12 its earlier order of May 15 asking the government not to take any coercive action against companies and employers for violation of Centre’s March 29 circular for payment of full wages to employees for the lockdown period. A bench of Justices Ashok Bhushan, S […]
Maruti introduces accessories to protect customers from coronavirus
NEW DELHI: The country’s largest carmaker Maruti Suzuki India (MSI) on Thursday said it has introduced a range of accessories, including face shield visor and masks, amid the coronavirus pandemic. The company’s ‘Health and Hygiene’ genuine accessories for car and personal care are priced from Rs 10 to Rs 650, MSI said in a statement. […]
India’s COVID-19 tally reaches 2,16,919 with record spike of 9,304 cases; death toll 6,075
NEW DELHI: Coronavirus cases in India saw a record single-day jump of 9,304 cases on Thursday pushing the total tally to 2,16,919, while the death toll climbed to 6,075 with 260 new fatalities, according to the Union health ministry. India stood seventh among the nations worst hit by the COVID-19 pandemic after the US, Brazil, […]
Himachal Pradesh government decides to set up sixth finance commission
NEW DELHI: The Himachal Pradesh government on Thursday decided to set up a sixth finance commission, an official spokesperson said. The decision was taken in a meeting of the state Cabinet chaired by Chief Minister Jai Ram Thakur. The commission will review the financial position of panchayats and urban local bodies, he said. The commission […]
Was advised not to speak to Rahul Gandhi, claims Rajiv Bajaj
NEW DELHI: During conversation on the economic fallout of the lockdown due to Covid-19, industrialist Rajiv Bajaj claimed that he was advised not to speak to the former Congress president Rahul Gandhi as it can lead to trouble. When Rahul Gandhi praised Rajiv Bajaj for his braveness for speaking to him, Bajaj said, “I’m speaking […]
Italy leads Europe reopening borders as coronavirus strikes Latin America
Italy led European nations reopening borders on Wednesday as the continent slowly emerged from quarantines to restart battered economies even as the coronavirus pandemic carved its deadly path through Latin America. European nations among the hardest hit by the outbreak have mostly flattened out infection curves and turned to the tricky task of balancing economic […]
Italy thirsts for tourists as country reopens to Europe
Italy reopened to travellers from Europe on Wednesday, three months after the country went into coronavirus lockdown, but few arrivals dimmed hopes of reviving the key tourism industry as the summer season begins. Gondolas are ready to punt along Venice’s canals, lovers can act out “Romeo and Juliet” on Verona’s famed balcony, and gladiator fans […]
Coronavirus pandemic could cost Australian universities $11 billion
Australian universities could lose up to US$11 billion dollars as an indefinite coronavirus border closure locks out the foreign students who keep the sector afloat, the industry said Wednesday. Lobby group Universities Australia said the revenue shortfall would have a lasting impact on not only higher education staffing and facilities but also undermine the sector’s […]
Moody’s downgrades India’s rating to ‘Baa3’
NEW DELHI: Moody’s Investors Service on Monday downgraded India’s sovereign rating to ‘Baa3’ from ‘Baa2’, saying there will be challenges in implementation of policies to mitigate risks of a sustained period of low growth and deteriorating fiscal position. “Moody’s has today downgraded the Government of India’s foreign-currency and local-currency long-term issuer ratings to Baa3 from […]
India will definitely get its economic growth back
NEW DELHI: Prime Minister Narendra Modi on Tuesday said India will definitely get its economic growth back as the government continues to pursue various reforms. Speaking at industry association CII’s annual session, he said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy “On the […]
Trilogy of Schemes to Script a Global Chapter in Electronics Manufacturing
NEW DELHI: The government of India headed by Prime Minister Narendra Modi has always believed in transformative programs be it Digital India, Make in India and Startup India. These initiatives have empowered ordinary Indians, led to digital inclusion, encouraged innovation and entrepreneurship and raised the stature of India as a global digital power. Promotion of […]
India approves MSP for 14 kharif crops, hikes support price for paddy, cotton
NEW DELHI: The government of India on Monday hiked the minimum support price (MSP) of paddy marginally by Rs 53 per quintal to Rs 1,868 per quintal for the 2020-21 crop year, while the rates for oilseeds, pulses and cereals were also raised. The decision, taken by the Cabinet headed by Prime Minister Narendra Modi, […]
Delhi government seeks Rs 5,000 crore from Centre to pay employees’ salaries
NEW DELHI: The Delhi government has demanded Rs 5,000 crore assistance from the Centre to be able to pay salaries to its employees, Deputy Chief Minister Manish Sisodia said on Sunday. Sisodia, who also holds the finance department charge, said the Delhi government requires Rs 3,500 crore per month to pay salaries to its employees […]
Spanish Prime Minister wants state of emergency extension
MADRID: Spanish Prime Minister Pedro S nchez says he will ask Spain’s Parliament for a final two-week extension of the nation’s state of emergency that has allowed the government to take lockdown measures to control its coronavirus outbreak. S nchez says this will be the last, definitive extension of 15 days. The current state of […]
Al-Aqsa mosque in Jerusalem reopens after two months
Jerusalem’s Al-Aqsa mosque compound — the third holiest site in Islam after Mecca and Medina in Saudi Arabia — reopened on Sunday after being closed for more than two months because of the coronavirus pandemic. Dozens of worshippers in protective masks were let into the compound before the first prayers of the day, held in […]
Latin America’s stricken airlines facing long haul to recovery
Latin America’s beleaguered airlines will take up to three years to recover losses due to the coronavirus pandemic, and in the meantime desperately need government help, according to experts surveying the damage to the industry. The International Air Transport Association (IATA) estimates it will take at least that time for the region’s airlines to inch […]