Extreme weather hazards will occur more frequently due to climate...
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UN agencies brace for disaster as Cyclone Mocha intensifies in Bay of Bengal
Extreme weather hazards will occur more frequently due to climate...
World Bank team meets Kerala CM; expresses interest in state’s carbon neutral initiatives
World Bank Vice President for South Asia Region Martin Raiser said...
International tourism could decline by 60-80 per cent in 2020: UN
Arrivals in March dropped sharply by 57 per cent following the start of a lockdown in many countries, as well as the widespread introduction of travel restrictions and the closure of airports and national borders. This translates into a loss of 67 million international arrivals and about USD 80 billion in receipts (exports from tourism).
Post-lockdown flights:Aarogya Setu app must,no cabin baggage initially
The Indian Railways, which had on Monday “advised” the passengers availing the special trains that started operating on Tuesday to install the government’s Aarogya Setu mobile application, has now made it “mandatory” to do so.
Covid-19 Pandemic:PM Modi raises stimulus size to Rs 20lakh cr,modified lockdown from May 18
The package will spur business, attract investment and strengthen our Make in India Mission, reiterated Modi. The package is equivalent to 10 per cent of India’s GDP, stated Modi. The Special economic package will have emphasis on land, labour, liquidity
Covid-19 Pandemic:Insurers to see erase profits until 2021 second half, says Fitch
“The coronavirus pandemic will burden 2020/1H21 results, but will ultimately accelerate the hardening of the commercial insurance market,” said Robert Mazzuoli, Fitch analyst, in a statement in the report.
Gilead ties up with Indian phrma cos for COVID-19 drug supply
The countries consist of nearly all low-income and lower-middle income ones, as well as several that are upper-middle- and high-income, the drugmaker said. Afghanistan, India, North Korea, Pakistan and South Africa are among the countries.
The licensees will also set their own prices for the generic product they produce, Gilead said.
The licenses are royalty-free until the World Health Organization declares the end of the public health emergency regarding COVID-19, or until a product other than remdesivir or a vaccine is approved to treat or prevent COVID-19, the company said.
India’s automakers warn of up to 45% sales drop as economy slumps amid pandemic
During the meeting, auto industry executives sought tax cuts, a one-year delay in implementing certain safety and fuel efficiency regulations, and loans at low interest rates to help the sector revive production and prevent layoffs until sales and revenues pick up.
Warehousing demand in 8 major cities drops 29% in Jan-Mar, new supply down 14%: Report
Property consultant JLL India expects limited leasing activities during the second quarter of 2020 calendar year. New supply will also get deferred because of the lockdown to control the spread of COVID-19.
However, it said that “there can be gradual revival in the demand post lockdown as leases and active requests for proposals (RFPs) that were in various stages of closure may be executed.”
India to restart some passenger trains even though coronavirus infections jump
According to the health ministry data updated in the morning, the highest number of confirmed cases in the country is from Maharashtra at 22,171 followed by Gujarat at 8,194, Tamil Nadu at 7,204, Delhi at 6,923, Rajasthan at 3,814, Madhya Pradesh at 3,614 and Uttar Pradesh at 3,467.
PM Modi to interact with CMs tom at 3 pm to review phased exit from lockdown
This meeting is expected to discuss post-May 17 scenarios, especially when the number of Covid-19 positive cases has touched 63000. Active cases are now growing at 5.2 per cent and doubling every 13 days. However, one crucial positive development is that the average rate of recovery has reached 30 per cent.
Britain to quarantine travellers for 14 days, UK airlines body says
“Quarantine would not only have a devastating impact on the UK aviation industry, but also on the wider economy,” said Karen Dee, Chief Executive of the Airport Operators Association.