Earlier the investment bank had estimated India’s growth to shrink 20% in June quarter and 0.4% in FY21 Goldman Sachs on Sunday said India's economy may contract by a whopping 45% in June quarter and that the FY21 projected dip of 5% in GDP would be deeper compared to all “recessions" India has ever experienced.

Earlier the investment bank had estimated India’s growth to shrink 20% in June quarter and 0.4% in FY21. It is now forecasting global growth to contract 3.6% in 2020 compared with -2.5% estimated earlier, with risks remaining on the downside. “In India, the virus continues to spread, the nationwide lockdown continues till 17th May and the Prime Minister already announced it will be extended, with gradual relaxation of restrictions,

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Indian airlines on shaky path despite resumption of domestic flights: Industry

New Delhi: Indian airlines are staring at an unforeseen future ahead despite the gradual resumption of domestic flights allowed from next week as passenger sentiment is likely to remain subdued once initial pent up demand is over, industry experts and executives said.

city New Delhi India covid-19 Government travelers

24,000 Indian nationals brought back under Vande Bharat so far

In the second phase of a mammoth repatriation exercise codenamed 'Vande Bharat' that started on 16 May, India expects to bring back its nationals from 47 countries on 162 flights, foreign ministry spokesman Anurag Srivastava told reporters

Anurag Srivastava India covid-19 pandemic evacuation

Covid-19 ‘could spread throughRenfrewshire’, according to think tank

Coronavirus has huge potential to spread throughout Renfrewshire according to a new interactive map.

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Ryan Christie - Aston Villa - Steven Naismith - Steve Clarke - John Macginn - Callum Macgregor - SFWA Scotland player of the year award nominations revealed as John McGinn and Callum McGregor top shortlist - dailyrecord.co.uk - Scotland - San Marino

SFWA Scotland player of the year award nominations revealed as John McGinn and Callum McGregor top shortlist

Celtic duo Ryan Christie and Callum McGregor lead the way in the nominations for the Scottish Football Writer’s Association international player of the year.

Ryan Christie Aston Villa Steven Naismith Steve Clarke John Macginn Callum Macgregor Scotland San Marino 2020 stars Coronavirus

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21.05.2020 / 18:11

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A seven-mile cycle lane is coming to Trafford - and it could be permanent

A seven-mile long cycle lane is coming to Trafford - and it could be in place as next month.

economy Coronavirus

Full refund of cancelled tickets for trains running from 1 June: Railways

Indian Railways today announced that it will be providing full refund for cancelled tickets for special trains which are scheduled to run from 1 June, 2020.

India 2020 economy Government Coronavirus

Covid-19 pandemic is last nail in globalization’s coffin, says Carmen Reinhart

The incoming chief economist of the leading multinational organization seeking to help integrate developing nations into the world economy said the era of globalization is probably dead.

China covid-19 pandemic economy Government

Mandy Moore - Gwen Stefani - Blake Shelton - Love Actually - How to Watch NBC’s Red Nose Day Special With John Legend, Mandy Moore, Gwen Stefani, Blake Shelton & More - billboard.com - Australia - Madagascar

How to Watch NBC’s Red Nose Day Special With John Legend, Mandy Moore, Gwen Stefani, Blake Shelton & More

Love Actually filmmaker Richard Curtis, who never lacks for Red Nose Day star power, found the pandemic only boosted the fundraising telecast’s celebrity quotient.Actors, musicians and comedians idled by social distancing proved eager to take part in NBC’s sixth annual Red Nose Day Special, which airs 9:00-11:00 p.m. EST Thursday (May 21) with songs, sketches and short films about the children and charities that will be aided by donations.

Mandy Moore Gwen Stefani Blake Shelton Love Actually Australia Madagascar pandemic stars donates

Manitoba expected to announce Phase 2 reopening of economy

The province of Manitoba is expected to announce details of Phase 2 of the reopening of the economy Thursday.

Brian Pallister coronavirus in manitoba manitoba coronavirus winnipeg coronavirus Coronavirus

Maya Jama's cleavage explodes from racy green ensemble in sultry throwback exposé

Maya Jama has taken to social media to share a series of sultry snaps showcasing her ample cleavage and toned pins.

Maya Jama BBC stars Coronavirus

Largest yet: $1.3 billion contract awarded for border wall

TOPSHOT - A general view of the US border fence, covered in concertina wire, separating the US and Mexico, at the outskirts of Nogales, Arizona, on February 9, 2019. (Photo by ARIANA DREHSLER/AFP via Getty Images)

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Active yoga may help relieve depression symptoms

New research suggests that physically active yoga can help ease depressive symptoms for people with a mental health diagnosis.

Britain experts symptoms medicines

‘Hard decision’ as Stirling Highland Games are axed because of coronavirus

Another staple of the Stirling calendar has bitten the dust after this year’s Highland Games were cancelled.

gatherings pandemic economy Coronavirus

Lanarkshire tennis clubs relishing return as lockdown to be lifted on May 28

Tennis clubs in Lanarkshire are looking forward to a possible return to action next week after First Minister Nicola Sturgeon today announced a route map out of lockdown.

Nicola Sturgeon Scotland president guidelines Government Coronavirus

Coronavirus: Human development set for 1st decline since 1990 on Covid-19

Global human development — a measure that combines education, health and living standards — will this year decline for the first time in at least three decades, the United Nations Development Programme warned on Wednesday, as the coronavirus upends the global economy.

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New coronavirus symptom to look for as doctors warn neck pain may be linked to COVID-19

From a high fever to a dry cough, coronavirus is known to cause a range of unpleasant symptoms.

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Huawei offers to train 2,000 students in new technologies, partner with Karnataka on other projects

BENGALURU : Chinese technology giant Huawei has offered to train 2,000 diploma and engineering students in Karnataka to help enhance their skills in areas like artificial intelligence and other new technologies, the company said on Thursday.

China covid-19 outbreak economy Government

Will offer more passenger trains soon, says Piyush Goyal

Piyush Goyal also said that reverse migration has also started across several cities, with workers booking train tickets to get back to their workplaces in the cities

Piyush Goyal India covid-19 economy

Raghuram Rajan says migrant workers need money for vegetables, cooking oil, shelter; foodgrains not enough

NEW DELHI : Calling India's ₹20.9 lakh crore stimulus inadequate in providing for recovery of an economy pummelled by covid-19, former RBI Governor Raghuram Rajan has said the package gives free foodgrains but migrant workers, rendered jobless by lockdown, need money to buy milk, vegetables and cooking oil and pay rent.

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Sensex extends rebound to 3rd day. What market watchers say

Indian markets extended their rebound today, ending higher for the third day in a row as government eased curbs on air and rail travel, in a further relaxation of a weeks-long coronavirus lockdown that has battered the economy. The NSE Nifty 50 index ended 0.44% higher at 9,106.25, while the S&P BSE Sensex closed up 0.37% at 30,932.90, though both the indices ended off their day's highs.

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Global News Morning headlines: May 21, 2020

Laura Casella has the Global News Morning headlines for Thursday, May 21, 2020

Laura Casella 2020

Island H2O Live! announced reopening date for late May

KISSIMMEE, Fla. – Central Florida’s newest water park, Island H2O Live!, announced that their water park would reopen on select days starting Saturday.

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Sephora Will Reopen 70 Stores in 13 States This Week

This week, Sephora announced its plans to begin to reopen its stores across America after due to the coronavirus pandemic. But this won't be happening all at once and there will be a number of new safety measures in place to protect shoppers and staff.Select locations in Colorado, Indiana, Kansas, South Carolina, South Dakota, Tennessee, Texas, Utah, Georgia, Alaska, Arkansas, Arizona, and Alabama will be among the first to their doors to customers on May 22.

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Stephen Curry Makes Cute Faces With Canon, 1, In Special ‘Dada’ Son Moment

Steph Curry and his 1-year-old son Canon Jack are the ultimate duo in a new closeup photo, posted to social media on Wednesday night. The Golden State Warriors point guard, 32, is pictured holding his son while the pair made funny faces at each other. They rocked gold chains in photo, which was presumably taken by Steph’s wife, chef and author, Ayesha Curry.

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Nearly 39 million have sought US jobless aid since virus hit

The COVID-19 pandemic has sparked widespread unemployment, but these companies are still hiring.

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BREAKING: Dumfries and Galloway confirmed coronavirus case numbers for May 21

No further coronavirus cases have been confirmed in Dumfries and Galloway.

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Revenue growth of Indian telcos to slow down in FY21 due to pandemic induced slowdown: Fitch

The telcos have been struggling to ensure this base is able to recharge their subscriptions since the lockdown was first implemented in late March

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Indian government caps air fares for three months in unprecedented move

While the upper limited has been introduced to prevent any sharp upward spike in prices due to pent up demand, the lower price limit will help ensure airline's viability does not suffer amid high costs

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NBFCs disappointed by stimulus package details, write to FM Sitharaman

In a letter sent to FM on Wednesday, FIDC, the representative body of NBFCs, has sought changes to the three liquidity schemes - ₹30,000 crore liquidity support scheme, ₹45,000 crore partial credit guarantee scheme and ₹3 lakh crore guaranteed loans for MSMEs

Nirmala Sitharaman India city Mumbai covid-19 economy Government

Nearly 39 million have sought US jobless aid since coronavirus hit

WASHINGTON : More than 2.4 million people applied for U.S. unemployment benefits last week in the latest wave of layoffs from the viral outbreak that triggered widespread business shutdowns two months ago and sent the economy into a deep recession.

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Nearly 39 million have sought US jobless aid since virus hit

The COVID-19 pandemic has sparked widespread unemployment, but these companies are still hiring.

Usa Washington covid-19 pandemic economy Coronavirus

FM Sitharaman to meet PSU bank chiefs tomorrow, to review credit flow

NEW DELHI : Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) on Friday to discuss various issues, including loan disbursement, as part of efforts to revive the economy reeling under the COVID-19 impact, sources said.

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Lockdown easing: HMSI to restart production at Karnataka plant on 25 May

NEW DELHI: Honda Motorcycle and Scooter India Pvt ltd (HMSI), the country’s second largest two-wheeler manufacturer, on Thursday said it will resume operations at its Karnataka unit from 25 May. Production of vehicles at the company's other three factories will commence in the first week of June.

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ITV confirms Emmerdale has resumed filming with six new ‘lockdown’ episodes planned for June

ITV has confirmed that Emmerdale has resumed filming almost two months after announcing it was to suspend production due to the coronavirus pandemic.

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“Real possibility” that Gang of Four’s Andy Gill may have died from coronavirus

The pioneering guitarist died in February from an unspecified respiratory illness

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Millions more people likely sought US unemployment benefits

WASHINGTON – The government will provide its latest snapshot Thursday of the layoffs that have left tens of millions of people unemployed but that have begun to slow as states allow some businesses to reopen and fewer companies slash jobs.

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China’s has $1.4 trillion plan to overtake the US in technologies

Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence

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Covid-19: Cap on airfares to stay for 3 months, says minister Puri

NEW DELHI: Civil aviation minister Hardeep Singh Puri on Thursday said airfares in India will remain capped for three months till 24 August as the county gradually opens up the economy while battling covid-19.

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Hurt by demand freeze, small auto component suppliers fear closure

MUMBAI: Several micro and small auto component suppliers, categorized as tier 2 or 3 or even smaller in the supply chain, fear shutdowns as liabilities continue to mount and factories operate at minimal capacities.

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Japanese bank to hire, expand operations in India

Sumitomo Mitsui Financial Group lans to persist with its overseas expansion by boosting headcount and seeking acquisitions even as the coronavirus clouds the profit outlook for Japan’s second-largest bank

Japan India covid-19 economy crisis Coronavirus

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21.05.2020 / 13:25

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Molly-Mae Hague shows off lockdown body transformation

Molly-Mae Hague has shown off her body transformation which she says is thanks to lockdown.

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Lockdown: March worst month in FY20 for employment as new jobs slump 46%

NEW DELHI: March was the worst month in terms of employment in the formal sector in FY20, with new job additions declining a massive 46%, according to the government's payroll data.

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Punjab’s corona curve bending, Haryana’s may be close to bending

Six out of ten confirmed cases and seven out of ten deaths are concentrated in India’s 15 largest cities

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Call to have Dumfries and Galloway's historic Riding of the Marches recognised as "culturally significant" by Scottish Parliament - dailyrecord.co.uk - Scotland

Call to have Dumfries and Galloway's historic Riding of the Marches recognised as "culturally significant" by Scottish Parliament

A call for the region’s historic Riding of the Marches to be officially acknowledged by the Scottish Government as “culturally significant” has been welcomed by organisers.

Scotland economy Government NHS Coronavirus

GST council may extend compensation cess levy beyond 5 years

Under the GST law, states are guaranteed full compensation for any revenue loss for the first five years after the introduction of the goods and services tax (GST) in July 2017.

India covid-19 Government

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Indian economy may contract by 45% in June quarter: Goldman Sachs

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