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₹81 cr - livemint.com - India - city Mumbai

22.05.2020 / 17:03

The sharp decline in net profit is being attributed to an exceptional item of ₹297 crore

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Navi Mumbai - Maharashtra government takes 80% private hospital beds, caps treatment costs - livemint.com - city Mumbai - city Pune

22.05.2020 / 16:31

Maharashtra government takes 80% private hospital beds, caps treatment costs

MUMBAI. : The government of Maharashtra, on Friday, said it has allowed municipal commissioners and district collectors of Mumbai, Navi Mumbai, Pune, Panvel and Thane to take charge of 80% of total operational beds in the private hospitals, while capping treatment costs to lowest rates applicable in their respective GIPSA-PPN (General Insurance Public Sector Association-Preferred Provider Network) agreements, irrespective of the bed category the patient is admitted in.

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With 1,751 fresh cases, Mumbai's Covid-19 count breaches 27,000-mark - livemint.com - city Mumbai - city Pune - city Nagpur - city Aurangabad

22.05.2020 / 16:31

With 1,751 fresh cases, Mumbai's Covid-19 count breaches 27,000-mark

Mumbai: Maharashtra on Friday reported 2,940 new covid-19 cases, taking the state's tally of coronavirus positive cases to 44582.

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Covid-19: Maharashtra records highest single-day spike, tally crosses 44,000 - livemint.com - city Mumbai

22.05.2020 / 15:43

Covid-19: Maharashtra records highest single-day spike, tally crosses 44,000

With nearly 3,000 fresh coronavirus cases recorded in Maharashtra in the last 24 hours, the state's Covid-19 count crossed 44,000-mark today.

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How sex workers are using technology to service clients during the lockdown - livemint.com - city Mumbai

22.05.2020 / 15:03

How sex workers are using technology to service clients during the lockdown

As the need for social distancing threatens the livelihood of sex workers, some are using Whatsapp and Google Pay to work from home

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Coronavirus: Kerala records 42 new cases, biggest single-day spike so far - livemint.com - city Mumbai

22.05.2020 / 15:03

Coronavirus: Kerala records 42 new cases, biggest single-day spike so far

ERNAKULAM: Kerala confirmed 42 fresh covid-19 cases on Friday, its biggest single-day spike yet, signalling acceleration in the pandemic once again in one of the few states which had managed to flatten the curve.

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Supreme Court admits petition to ban video conferencing app Zoom in India - livemint.com - India - city Mumbai

22.05.2020 / 15:02

Supreme Court admits petition to ban video conferencing app Zoom in India

MUMBAI : The Supreme Court has asked for responses from the Central government and Zoom Video Communications Inc. to assess whether the video conferencing application should be banned in India owing to privacy and data security concerns based on a public interest litigation filed with the court.

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Companies offer home-office upgrade to make work from home comfortable - livemint.com - India - city Mumbai

22.05.2020 / 13:37

Companies offer home-office upgrade to make work from home comfortable

MUMBAI : Francis Anthony’s home workstation is a lot like his office one. When he received $250 from his company, Salesforce India, as home-office allowance in March, he knew exactly on what he would spend it on: A study table, a table lamp and a laptop with a new curved screen as external monitor and a Magic Mouse. “At work, I work with three monitors and with the new external monitor, I can replicate the office experience at home. It has also improved my productivity," says Anthony, 39, who works as trailhead CX lead (Industries Cloud) at the software company.

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India Inc sees ray of hope from RBI relief measures - livemint.com - India - city Mumbai

22.05.2020 / 13:37

India Inc sees ray of hope from RBI relief measures

MUMBAI: India Inc on Friday welcomed RBI’s liquidity boosting measures that included a cut in benchmark repo rate by 40 basis points, extension of moratorium on term loans and increase in group exposure limits for lenders.

India city Mumbai outbreak economy Government

Shaktikanta Das - RBI's surprise rate cut, shift in focus to growth, loan moratorium and more - livemint.com - India - city Mumbai

22.05.2020 / 13:15

RBI's surprise rate cut, shift in focus to growth, loan moratorium and more

MUMBAI: The coronavirus pandemic has forced the Reserve Bank of India (RBI) to advance its scheduled monetary policy meet a second time and announce deep cuts to benchmark rates. RBI governor Shaktikanta Das, in a televised address on Friday, announced a 40 basis points (bps) cut in repo and reverse rates, markedly pivoting the RBI's focus from inflation control to fostering growth impulses.

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Shaktikanta Das - Will RBI's move spur consumer demand? - livemint.com - India - city Mumbai

22.05.2020 / 11:25

Will RBI's move spur consumer demand?

MUMBAI: The off-cycle, 40 basis-point cut in policy rates by the Reserve Bank of India (RBI) is expected to revive the consumption engine after the huge demand destruction brought about by the pandemic-induced lockdown.

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Shaktikanta Das - Rajnish Kumar - Extended moratorium to help borrowers in absence of debt recast: SBI chairman - livemint.com - India - city Mumbai

22.05.2020 / 10:48

Extended moratorium to help borrowers in absence of debt recast: SBI chairman

MUMBAI : The Reserve Bank of India’s (RBI) extension of the ongoing moratorium by another three months will take care of cashflow disruptions for borrowers even in the absence of a one-time debt recast relief, said Rajnish Kumar, chairman, State Bank of India (SBI).

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How covid-19 boosted the Insta knowledge economy - livemint.com - city Mumbai

22.05.2020 / 09:55

How covid-19 boosted the Insta knowledge economy

Instagram Live offers income opportunities to help independent entrepreneurs survive a pandemic

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How covid-19 boosted the Insta knowledge economy - livemint.com - city Mumbai

22.05.2020 / 09:35

How covid-19 boosted the Insta knowledge economy

Instagram Live offers income opportunities to help independent entrepreneurs survive a pandemic

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Shaktikanta Das - RBI: Inflation outlook highly uncertain, growth remains a concern - livemint.com - India - city Mumbai

22.05.2020 / 08:25

RBI: Inflation outlook highly uncertain, growth remains a concern

MUMBAI: India’s inflation outlook is highly uncertain at the moment and forecasting it has become complicated due to partial release of data by the National Statistical Office (NSO), said Reserve Bank of India (RBI) governor Shaktikanta Das on Friday. More worrisome, however, is the risk to India's economic growth, the governor said.

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Shaktikanta Das - Markets snub RBI rate cuts; rate sensitive stocks decline - livemint.com - India - city Mumbai

22.05.2020 / 07:23

Markets snub RBI rate cuts; rate sensitive stocks decline

MUMBAI: Indian stock markets declined on Friday even as the Reserve Bank of India on Friday slashed repo rate by 40 basis point to 4% and adjusted the reverse repo rate to 3.35% from 3.75%. Governor Shaktikanta Das said India's GDP growth is likely to remain in the negative territory in 2020-21 due to disruptions led by covid-19.

Shaktikanta Das India city Mumbai covid-19 Government

Shaktikanta Das - RBI: Working capital borrowers can repay accrued interest till March 2021 - livemint.com - India - city Mumbai

22.05.2020 / 07:13

RBI: Working capital borrowers can repay accrued interest till March 2021

MUMBAI: In what will ease the repayment pressure for working capital borrowers, the Reserve Bank of India (RBI) on Friday not only allowed another three months of deferment on interest payments but also permitted repayment of the accrued interest in tranches till March 2021.

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India adds 6,088 new coronavirus cases in 24 hours, biggest single-day spike - livemint.com - India - city Mumbai

22.05.2020 / 05:59

India adds 6,088 new coronavirus cases in 24 hours, biggest single-day spike

India witnessed the biggest spike in daily COVID-19 cases today. The states registered 6,088 fresh coronavirus cases in last 24 hours. The total number of coronavirus cases in the country stood at 118,447. The death toll due to COVID-19 infection breached the grim milestone of 3,500. At least 150 people died due to COVID-19 infection in last 24 hours.

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Mint Covid Tracker: Mumbai’s count crosses 25,000, Ahmedabad has nearly 9,500 cases - livemint.com - India - city Mumbai - city Ahmedabad

22.05.2020 / 05:59

Mint Covid Tracker: Mumbai’s count crosses 25,000, Ahmedabad has nearly 9,500 cases

Globally, the number of coronavirus cases is now over 5.1 million, with India having one of the fastest growth rates among worst-hit countries

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Shaktikanta Das - RBI governor's address at 10AM: Five things to watch out for - livemint.com - India - city Mumbai

22.05.2020 / 05:17

RBI governor's address at 10AM: Five things to watch out for

MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das will hold a briefing on Friday at 10 am, his third since the lockdown began on 25 March. Lenders and the Indian industry are waiting for the likely steps Das may announce to mitigate the impact of the lockdown.

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NBFCs rely on rural borrowers to manage coronavirus slump - livemint.com - India - city Mumbai

22.05.2020 / 05:05

NBFCs rely on rural borrowers to manage coronavirus slump

MUMBAI : India’s non-bank financiers are placing their faith in rural demand and expect quicker recovery in these areas even as the coronavirus continues to affect demand in the urban centres.

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Covid-19: 73-year old woman dies in Kerala, state's death toll rises to five - livemint.com - city Mumbai

21.05.2020 / 19:54

Covid-19: 73-year old woman dies in Kerala, state's death toll rises to five

Ernakulam: A 73-year old woman who recently returned from Maharashtra to Kerala and had tested positive for the coronavirus has died on Thursday night, reported the local press. The incident has pushed up Kerala's death toll to five, while it is battling a rise in infections after interstate and international traffic resumed since 7 May.

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Mumbai's covid-19 tally crosses 25,000-mark; 41 more die - livemint.com - city Mumbai

21.05.2020 / 19:05

Mumbai's covid-19 tally crosses 25,000-mark; 41 more die

MUMBAI : Despite a 60-day-long lockdown, COVID-19 cases continued to rise unabated in Mumbai, where the tally crossed the 25,000-mark on Thursday with the addition of 1,382 new infections, while 41 more patients succumbed to the infection, the city civic body said.

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Lack of staff, PPE keeps Mumbai’s private hospitals shut - livemint.com - city Mumbai

21.05.2020 / 18:01

Lack of staff, PPE keeps Mumbai’s private hospitals shut

MUMBAI : A lack of staff and personal protective gear is forcing private hospitals, clinics and nursing homes in Mumbai to remain shut despite the state government’s repeated orders to reopen.

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Small auto parts suppliers fear closure with demand freezing - livemint.com - city Mumbai

21.05.2020 / 17:45

Small auto parts suppliers fear closure with demand freezing

MUMBAI : Several micro and small auto parts suppliers, categorised as tier 2 or 3, or even smaller in the supply chain, fear shutdowns as liabilities, including wages, inventory costs, unutilized production capacities, interest on loans and other fixed overheads, continue to rise, industry executives said.

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Work-from-home not a choice for poor, less educated - livemint.com - Usa - city Chicago - city Mumbai

21.05.2020 / 17:31

Work-from-home not a choice for poor, less educated

Workers in jobs that can’t be done from home are without insurance and have low earnings, a US study suggests

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Maharashtra's Covid-19 cases rises to 41,642, death toll at 1,454 - livemint.com - city Mumbai - city Pune - city Aurangabad

21.05.2020 / 17:21

Maharashtra's Covid-19 cases rises to 41,642, death toll at 1,454

Mumbai: Maharashtra on Thursday reported 2,345 new covid-19 cases, taking the state's tally of coronavirus positive cases to 41,642.

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How Myntra rode the covid-19 storm - livemint.com - India - city Mumbai

21.05.2020 / 17:10

How Myntra rode the covid-19 storm

MUMBAI : When the nation went under a lockdown on 25 March, fashion and lifestyle brand Myntra had no clue what impact the lockdown will bring to their business. And with the focus on essentials, Myntra quickly realised that it did not have much of a role to play in the lockdown.

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CCI approves Emami Cement acquisition by Nirma arm - livemint.com - India - city Mumbai

21.05.2020 / 15:31

CCI approves Emami Cement acquisition by Nirma arm

MUMBAI : The Competition Commission of India (CCI), on Thursday, said it has approved the acquisition of Emami Cement Ltd by Nuvoco Vistas Corp Ltd (part of the Nirma group).

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From Monday, domestic airlines will resume flights at one-third capacity - livemint.com - city New Delhi - India - city Mumbai - city Delhi

21.05.2020 / 15:17

From Monday, domestic airlines will resume flights at one-third capacity

However, airlines won't have to keep the middle seat vacant and instead will need to rigorously clean the aircraft to reduce the risks, says civil aviation minister Hardeep Singh Puri

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Narendra Modi - Credit growth withers under lockdown as outstanding loans drop Rs1.36 trillion - livemint.com - India - city Mumbai

21.05.2020 / 15:09

Credit growth withers under lockdown as outstanding loans drop Rs1.36 trillion

MUMBAI : As the lockdown enters its fourth phase, credit growth has clearly taken a beating with outstanding loans shrinking by ₹1.36 trillion between 27 March and 8 May, showed data from the Reserve Bank of India (RBI).

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Uddhav Thackeray - Lockdown impact: Maharashtra looks at ways to safeguard farm revenue - livemint.com - India - city Mumbai

21.05.2020 / 14:15

Lockdown impact: Maharashtra looks at ways to safeguard farm revenue

MUMBAI: Maharashtra chief minister Uddhav Thackeray on Thursday met key ministers of the state to discuss ways to protect agriculture revenue amid the lockdown imposed to curb the spread of covid-19.

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Nirmala Sitharaman - NBFCs disappointed by stimulus package details, write to FM Sitharaman - livemint.com - India - city Mumbai

21.05.2020 / 14:15

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

Bajaj Auto to enter Thailand with premium motorcycle brands - livemint.com - Thailand - Philippines - India - Indonesia - Cambodia - city Mumbai - Vietnam - Laos

21.05.2020 / 13:19

Bajaj Auto to enter Thailand with premium motorcycle brands

Mumbai: Bajaj Auto Ltd is all set to enter Thailand with its premium motorcycle brands, including KTM, Husqvarna, Dominar and Pulsar NS series, by July, a senior company executive told Mint on Thursday.

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Bharti Airtel - Airtel makes strategic investment in conversational AI startup Voicezen - livemint.com - India - city Mumbai

21.05.2020 / 12:35

Airtel makes strategic investment in conversational AI startup Voicezen

MUMBAI: Telecom operator Bharti Airtel has acquired a strategic stake in Voicezen an early stage startup focused on conversational artificial intelligence (AI) technologies.

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Covid-19: Why Mumbai's private hospitals, clinics haven't reopened despite order - livemint.com - city Mumbai

21.05.2020 / 12:29

Covid-19: Why Mumbai's private hospitals, clinics haven't reopened despite order

MUMBAI: Lack of staff and personal protective gear have forced private hospitals, clinics and nursing homes in Mumbai to remain shut despite the state's repeated orders to them to resume operations.

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Hurt by demand freeze, small auto component suppliers fear closure - livemint.com - city Mumbai

21.05.2020 / 11:43

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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Bajaj Auto shares up 6% after Q4 results, analysts mixed - livemint.com - India - city Mumbai

21.05.2020 / 09:25

Bajaj Auto shares up 6% after Q4 results, analysts mixed

MUMBAI : Shares of Bajaj Auto surged as much as 6.44% in Thursday's trading session as company's margins exceeded market expectations despite the coronavirus-led slump in the sector.

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Hardeep Singh Puri - For aviation stocks, resumption of flights a silver lining around a dark cloud - livemint.com - city Mumbai

21.05.2020 / 08:15

For aviation stocks, resumption of flights a silver lining around a dark cloud

MUMBAI: Shares of aviation companies, InterGlobe Aviation Ltd, which runs the IndiGo airlines, and SpiceJet Ltd, took off in early deals on Thursday. Not without reason.

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Insurtech startup Riskcovry raises funding led by Bharat Inclusion Seed Fund - livemint.com - India - city Mumbai - city Well

21.05.2020 / 08:00

Insurtech startup Riskcovry raises funding led by Bharat Inclusion Seed Fund

BENGALURU : Mumbai-based InsurTech startup, Riskcovry, on Thursday said that it has closed its Pre-Series A round led by Bharat Inclusion Seed Fund, which also saw participation from Varanium Capital and Better Capital.

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Aviation stocks soar as domestic flights to resume operations - livemint.com - India - city Mumbai

21.05.2020 / 07:29

Aviation stocks soar as domestic flights to resume operations

MUMBAI: Shares of two listed aviation companies InterGlobe Aviation and SpiceJet on Thursday rallied 5% and 13% respectively after the government announced that domestic airline operations would resume from 25 May.

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Nirmala Sitharaman - Universities may go online by 30 May but where is the content? - livemint.com - India - city Mumbai

21.05.2020 / 05:43

Universities may go online by 30 May but where is the content?

MUMBAI : Last week when finance minister Nirmala Sitharaman announced several measures to ensure that students across age groups can continue to learn through various online initiatives, what she may not have taken into account is the availability of online content.

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₹2,000 fine for violating lockdown rules in Maharashtra's Washim - livemint.com - city Mumbai

21.05.2020 / 05:27

₹2,000 fine for violating lockdown rules in Maharashtra's Washim

Mumbai: The Washim district administration in Maharashtra has decided to impose a penalty of ₹2,000 on those not following the home quarantine norms upon their return from other places and ₹500 for spitting and not wearing masks in public places.

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Thousands of workers flock to board train to flee worst coronavirus-hit state in India - dailystar.co.uk - India - Nepal - city Mumbai

dailystar.co.uk

20.05.2020 / 23:07

Thousands of workers flock to board train to flee worst coronavirus-hit state in India

Thousands of migrant workers have flocked to a train terminal as they rushed to get on a special cross-state train in desperate bids to flee from the worst coronavirus -hit Indian state.

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TCS issues notice for first virtual AGM - livemint.com - India - city Mumbai

20.05.2020 / 21:07

TCS issues notice for first virtual AGM

The facility of joining the AGM will be available for members on a first come-first served basis

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India Inc's overseas direct investment dips 62% to $976 million in April - livemint.com - India - city Mumbai

20.05.2020 / 18:15

India Inc's overseas direct investment dips 62% to $976 million in April

MUMBAI : India's overseas direct investment (ODI) in April dipped 62 per cent to USD 976.14 million, data from the Reserve Bank showed.

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Icra warns of deep recession, GDP to contract 5% in FY21 - livemint.com - India - city Mumbai

20.05.2020 / 16:57

Icra warns of deep recession, GDP to contract 5% in FY21

MUMBAI : Domestic rating agency Icra on Wednesday warned of a deep recession as it drastically lowered FY21 growth forecast for India to minus 5 per cent, citing the very modest fiscal support, extension of the nationwide lockdown and looming labour shortage.

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India is chasing an elusive China dream - livemint.com - China - Usa - India - Hong Kong - Bangladesh - city Mumbai - city Hong Kong - Ethiopia - Vietnam

20.05.2020 / 16:57

India is chasing an elusive China dream

BENGALURU : A decade ago, as China’s labour costs began to rise by double-digits in industrial provinces such as Guangdong, the Hong Kong-based Epic Group rapidly expanded its garment factories in Bangladesh to take advantage. Today, Epic, which makes casual shirts, lounge and work clothing, and now masks and scrubs, has 25,000 workers working in Bangladesh and a couple of thousand each in Vietnam and Ethiopia. Orders from its retailer customers in the US are communicated electronically to its warehouses and back to Epic’s factories in Asia.

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COVID-19

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

Detail statistic

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