Indian
Covid-19 Pandemic:India Inc expects negative impact in the next 6 months, says Willis Towers Watson
Almost half of the respondents expect a negative impact on their business in the next 12 months; 19% expect adverse impact to last over a two-year period.
42% have not taken a decision on salary increment budgets for this year, while 33% indicated that performance appraisals and bonus pay-outs will happen as planned.
83% plan to review their work-from-home policy; 55% have no fixed end-date on their flexible work arrangements.
Centre objects to Kerala easing lockdown restrictions
Such additional activities allowed by the government of Kerala, include opening of local workshops, barber shops, restaurants, book stores, MSMEs in municipal limits, bus travel in cities and towns for shorter distance (upto 60 km), two passengers in the back seat of four wheeler and pillion riding on scooters
MHA says COVID situation especially serious in Mumbai, Kolkata, Jaipur,Indore; deploys central teams
The home ministry said in some districts, a number of violations to the lockdown measures have been reported, posing a serious health hazard and risk for spread of COVID-19 which include attacks on frontline healthcare professionals, complete violations of social distancing norms outside banks, PDS shops and in market places, movement of private and commercial vehicles with passengers in urban areas and so on.
The death toll due to COVID-19 rose to 543 and the number of cases climbed to 17,265 in the country on Monday, according to the Union health ministry.
Business optimism for April-June for Q2 falls to record low, worse than 2009 financial crisis: Report
“The index has dropped 7 per cent more than it did during the 2009 financial crisis. The near halt in almost all non-essential activities in the industrial and services sectors due to the nation-wide lockdown has led to a fall in the optimism levels for net sales and new orders to the lowest level in 18 years,” Dun & Bradstreet Chief Economist Arun Singh said.
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