As the fourth stretch of covid-19-triggered lockdown across the country came to an end, the ministry of home affairs announced guidelines for a phase-wise reopening of the economy from I June.

What has been dubbed as “Unlock 1.0" will see the reopening of places of worship, hotels, restaurants and shopping malls from 8 June.

While part of the motivation for reopening restaurants and shopping malls is to boost staffing, consumption and discretionary spending for the sake of the economy, are people really willing to spend? 'Revenge spending' urges Based on early trends observed in China as the country eased its lockdown, experts predicted that people might indulge in what is called “revenge spending" once the lockdown is eased (read more

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Shriram Transport Finance hopes to ride on Unlock 1.0 even as covid-19 puts collections out of gear

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U.S. coronavirus cases hit 2 million as some states see surges

coronavirus cases in the United States passed the two-million mark Wednesday, as cases continue to rise across the country amid patchwork reopening measures and widespread protests against racism and police brutality.Thousands of new laboratory tests have returned positive daily in several states, with the pandemic appearing to shift from large urban centres like New York City and Chicago toward smaller, rural areas. States that have loosened restrictions have also seen resurgences in cases.

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Karnataka's Covid-19 count surges to 6,041 with 120 new cases

Bengaluru: Karnataka reported 120 Covid- 19 cases on Wednesday, taking the total number of cases in the state to 6,041. There are 3,108 active cases in the state.The 120 cases include 42 in Bengaluru.

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Demand for fuel surges in May as economy opens up

NEW DELHI : Demand for petroleum products doubled in May from the previous month, the country’s largest refiner Indian Oil Corp. Ltd (IOC) said, as India’s economic engines whirred back to life with the easing of lockdown restrictions.

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Spain flight prices set to be more expensive with coronavirus safety measures

Flights to Spain could cost more as airlines will be forced to pay for tourists' coronavirus tests.

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Unlock: Royal Enfield reopens 90% its dealerships and service centres

NEW DELHI : Royal Enfield, one of India's leading manufacturers of premium motorcycles, on Wednesday announced reopening of almost 90% of its dealerships and services centres as the centre and states ease lockdown to kickstart economic activity.As of today, more than 850 stores and 425 studio stores across India are operational for sales and service.

Royal Enfield city New Delhi India

Panacea Biotec surges 20% on collaboration with US firm for coronavirus vaccine

MUMBAI : Shares of Panacea Biotec surged 20% on Wednesday -- hitting the upper circuit at ₹202.80 apiece on BSE -- after the company announced collaboration with US firm Refana for development, manufacturing and distribution of coronavirus vaccine.From the beginning of the year, Panacea shares gained 53.93% to ₹202.80 against a fall of 17.37% in the the benchmark index Sensex. From the March lows the stock gained 125.33%, whereas Sensex gained 15.99%.“Panacea Biotec under the collaboration, is advancing its response to address the unprecedented challenges of covid-19 with Refana Inc.

Usa city Mumbai covid-19 vaccine patient Coronavirus

Food aggregators pivot to cloud kitchens as online orders surge

Bengaluru/New Delhi: Food delivery aggregators Swiggy and Zomato are starting to re-focus on their cloud kitchen strategies as restaurants start to open up, to resolve constraints faced amid the covid-19 crisis.Many restaurants are also exploring expansion through cloud kitchens with the dine-in business capped at 50% seating capacity leading to expectations of a surge in online orders as consumers remain wary of stepping out.The cloud kitchen business was deeply impacted by the lockdown, resulting in a sharp dip in order volumes.Zomato witnessed only 50% of its restaurant partners starting to deliver food on its platform compared to pre-covid levels, while rival Swiggy saw 25-40%, with more restaurants being operational in tier-1 cities.

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Mint Covid Tracker: Haryana leads surge in cases, deaths over past week

medical capacity and overburdened health system.Despite a much slower case doubling rate than earlier in the outbreak, new infections and deaths are now rising faster in India than in most other badly-hit countries. Among countries with death counts greater than 4,000, India has recorded the second fastest increase in deaths over the past week and the biggest spike in confirmed cases.At 3,169 deaths, Maharashtra has the highest toll in the country so far due to covid-19, followed by Gujarat (1,280), Delhi (874), Madhya Pradesh (414), and West Bengal (405).

India city Delhi death testing infection Coronavirus

Unlock 2: Immunity-boosting menus are the new normal as restaurants open up

kudampuli fish curry—these are just some of the newest additions to restaurant menus across India. With the easing of lockdown restrictions and eateries finally opening up, people are aching to step out for a meal but without compromising on their immunity.

India city Chennai hospital medicines

East Coast sees drop in COVID-19 cases as other areas surge

The overall decrease in COVID-19 cases in the United States is being driven by declines in New York, Connecticut, and New Jersey, but cases are surging in a handful of other states in the wake of reopening local economies, including Arizona, Arkansas, California, Florida, North Carolina, Texas, and Utah.

New York Usa state Illinois state California state Florida state New Jersey state Connecticut state Arizona state North Carolina state Texas state Arkansas hospital covid-19 infection

Bengaluru Unlock 1.0: Hotels, malls, temples reopen

BENGALURU : Scores of temples, hotels, restaurants and shopping malls reopened in India's tech hub, as unlock-1 began under new norms after they remained shut for over two months due to Covid-induced extended lockdown since March 25, an official said on Monday."A steady stream of devotees made a beeline to many temples that reopened across the city in non-containment zones, wearing mask and maintaining physical distancing," a state muzrai (endowment) department official told IANS.As per the new guidelines, the devout were screened with thermal scanners to ensure no symptomatic person entered the temples.Among religious places where devotees thronged is Gavi Gangadhareshwara temple at Gavipuram in southwest suburb, Dodda Ganesha temple at

India guidelines Government mask Department

Criminals stealing unemployment benefits as claims surge

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Unlock plan 1.0: Malls, restaurants to open from tomorrow. New rules to know

novel coronavirus outbreak in the country, retailers and restaurateurs are preparing to open business starting tomorrow, 8 June.Among the specific guidelines, the most important ones are staggered entry of visitors and thermal screening at malls. Apart from that, users will have to use face cover or masks which should be worn at all times inside.As a common SOP, the government has said that persons above 65 years of age, persons with co-morbidities, pregnant women are advised to stay at home, except for essential and health purposes.

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Criminals stealing unemployment benefits as claims surge

Criminals are seizing on a surge in job losses to steal unemployment benefits from Americans nationwide. This complicates an already tough situation for millions of financially strapped Americans and overwhelmed state unemployment offices.

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China medical exports jump, trade surplus surges to record

BEIJING : China’s trade surplus surged to a record in May as exports fell less than expected, helped by an increase in medical-related sales, and imports slumped along with commodity prices.Exports decreased 3.3% in dollar terms from a year earlier, beating economists’ estimates, while imports plunged 16.7%. That resulted in a trade surplus of $62.93 billion.The record surplus comes as the price of commodities China buys such as crude oil, natural gas and soy beans declined.

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Unlock 1.0: FHRAI issues safety guidelines for restaurants to resume operations

NEW DELHI : As hotels and restaurants across the country open their doors to customers after three months of suspended operations on 8 June, hospitality industry association the Federation of Hotel & Restaurants Association of India (FHRAI) released detailed guidelines for these establishments.Restaurants, which have been serving customers via food delivery and take away so far, will have to adhere to sanitisation and social distancing norms.

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Big surge in Telangana with 10 deaths, 206 positive cases

Telangana on Saturday witnessed 10 deaths and 206 new infections, both the highest single-day jumps since the outbreak in March.State health officials sounded an alert following the surge in most of the districts across the state.Ten fatalities during the last 24 hours ending 5 p.m. on Saturday pushed the death toll to 123.The fresh positive cases during the same period took the tally to 3,496.

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Unlock doesn't mean freedom, says Adityanath as Centre looks to reopen economy

LUCKNOW : Lucknow, Jun 6 (PTI) "Unlock doesn't mean freedom," Uttar Pradesh Chief Minister Yogi Adityanath said on Saturday and instructed officials to ensure that not more than five persons gather in public places and social distancing norms are strictly adhered to.The Centre had on May 30 said 'Unlock-1' will be initiated in the country from June 8 under which the nationwide COVID-19 lockdown effectuated on March 25 will be relaxed to a great extent, including opening of shopping malls, restaurants and religious places, even as strict restrictions will remain in place till June 30 in the country's worst-hit areas.Chairing a meeting of senior officials, the chief minister emphasised on breaking the chain of virus transmission and said,

Yogi Adityanath virus covid-19 gatherings economy freedom

TN govt to bear education expenses of girl who spent her savings on poor during lockdown

₹5 lakh to help poor during lockdown Chennai: Tamil Nadu Chief Minister K Palaniswami on Saturday announced that the state government would bear the higher education expenses of a salon owner's daughter in Madurai who was lauded by Prime Minister Narendra Modi for his COVID-19 relief work.The salon owner, Mohan of Madurai district, spent his savings earmarked for the education of his daughter Nethra to buy and distribute groceries and vegetables for the poor during the lockdown period, Palaniswami said and appreciated his gesture."The Tamil Nadu government will bear the higher education expenditure of Nethra," the Chief Minister said, adding, it was to honour Mohan's help for the destitute with dedication, sans selfishness during the

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India's forex reserves surge to all-time high of $493.48 billion

MUMBAI : Jun 5 (PTI) The country's foreign exchange reserves surged USD 3.43 billion to a fresh all-time high of USD 493.48 billion for the week ended May 29 on a handsome accretion of the core currency assets, the Reserve Bank of India (RBI) said on Friday.The reserves, which are counted as a key strength as the country faces the economic impact of the COVID-19 pandemic, had risen by USD 3 billion to an all-time high of USD 490.044 billion in the previous week.During the week ended May 29, foreign currency assets, a major component of the overall reserves, increased by USD 3.50 billion to USD 455.21 billion, data from the RBI showed.Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of

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Wall Street surges after strong May jobs data; Dow rises 2.5%

US unemployment rate, lending weight to hopes of a faster economic rebound from a coronavirus-driven slump.At 10:00 am ET, the Dow Jones Industrial Average rose 654.25 points, or 2.49%, to 26,936.07. The S&P 500 opened higher by 64.61 points, or 2.08%, at 3,176.96, while the tech-rich Nasdaq Composite gained 155.60 points, or 1.62%, to 9,771.41.This story has been published from a wire agency feed without modifications to the text.

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How to hack Netflix – the secret codes that will unlock hidden content

Netflix has been a saviour for those of with access to the streaming platform while we've been stuck indoors for hours on end during the coronavirus lockdown. We can also safely bet that there have been plenty of moments where you feel like you've watched everything the site has to offer across movies, television, cartoons and documentaries.

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Bulls back in action as Sensex surges 300 points. But market experts cautious

₹3,581 crore for the March quarter, driven by a one-time gain from a stake sale in its credit card unit. The Nifty banking index gained 3.2%.Among other shares, Reliance Industries Ltd hit a record high of ₹1,618 in intra-day trade.

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Brazil virus toll surges to third-highest in world

Brazil's death toll from the new coronavirus has surpassed Italy's to become the third-highest in the world, as the UN's secretary-general called for a "people's vaccine" to stem the pandemic.

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No touching of idols to staggered entrance: Unlock 1.0 rules for religious places

As India is gradually exiting over two-month nationwide lockdown in wake of novel coronavirus outbreak in the country, the Ministry of Health and Family Welfare issued fresh SOPs for religious places which are "get frequented by large number of people for spiritual solace."

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Escalators to food court: Here are Unlock 1.0 rules for shopping malls

In the wake of shopping malls resuming operations from 8 June after 70-day lockdown, the Union Health Ministry on Thursday issued Standard Operating Procedures to contain the spread of pandemic. Shopping malls in containment zones shall remain closed. Only those outside containment zones will be allowed to open up.

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Unlock 1.0: 50% of seating capacity permitted at restaurants, say govt's SOPs

As India is gradually exiting over two-month nationwide lockdown in wake of novel coroanvirus outbreak in the country, the Ministry of Health and Family Welfare issued fresh SOPs for restaurants in order to contain Covid-19 spread.

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Unlock 1.0: Govt issues SOPs for offices, malls, hotels, religious places and restaurants

New Delhi: As India readies for a new normal after a 70-day stringent lockdown and enters into Unlock 1, the union health ministry on Wednesday released the Standard Operating Procedures (SOPs) for workplaces, shopping malls, religious places, hotels and restaurants to limit spread of Covid-19.

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Unlock India: Grooming sector could hold key to job creation

NEW DELHI: As India moves towards phased exit from the lockdown, the grooming sector could help resolve the country's employment crisis. With re-skilling of employees, the industry is confident it would bounce back in two-three quarters.

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IndiGo shares surge today, gain about 20% in 2 days

Shares of InterGlobe Aviation, which operates IndiGo, today rallied nearly 10% to ₹1,128, extending their two-day gains to about 20%. Rival SpiceJet's shares also surged about 5% today. The domestic air travel resumed on May 25, following the directives issued by the Union Ministry of Civil Aviation.

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Unlock 1.0: Food delivery firms may face hurdles despite restaurants reopening

BENGALURU: Food delivery firms may continue to face challenges despite restaurants being allowed to reopen for business from 8 June as per guidelines issued for the phased exit from the lockdown.

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New members surge for tennis and golf clubs in Lanarkshire on return to action

Golf and tennis clubs in Lanarkshire have enjoyed a surge in membership after the sports returned to action last week.

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Markets surge 11% in six sessions, Nifty hits 10,000 on optimism

Indian markets have surged over 11% in last six sessions riding wave of optimism while the country is opening up gradually post strict lockdown measures. Institutional investors continued to flush equities with abundant liquidity while global markets also supported rally in Indian markets. The Sensex gained 3500 points or 11.44% and Nifty gained 1032.50 or 11.44% in last six sessions.

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Services PMI: Unlock 1.0 brings some relief but revival far away

MUMBAI: With the lockdown relaxed considerably in most of India, economic activity is slowly creeping up.

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Domestic Violence charity’s plea for support dismissed by government despite surge in demand

Domestic abuse charities say calls for government support for victims has been met with silence, despite a dramatic surge in demand for their services since the beginning of the coronavirus lockdown.

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Half of Brit curry houses could close unless social distancing rules cut to one metre

Half of all Brit curry houses could "close for good" bringing the end to the "cheap curry night" if the two-metre social-distancing rule is implemented in Indian restaurants, it has been claimed.

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Coronavirus: Mental health services braced for a 'surge' in cases as lockdown eases

Mental health services will see a "surge" in people seeking care as lockdown eases, a new report has predicted.

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Canada’s daily coronavirus death toll surges from day prior as 705 new cases reported

The death toll from the novel coronavirus in Canada more than doubled from the day prior, with 69 lives reported taken on Tuesday.

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As donations surge, nonprofits bail out George Floyd protesters across America

The death of the unarmed black man in Minneapolis has sparked outrage across the world.

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Trusted and affordable products will see a surge in demand: R.S. Sodhi

No food category will decline. There may be changes in pack sizes or brands, but with or without covid-19, food will be consumed, R.S. Sodhi, MD, Gujarat Co-operative Milk Marketing Federation

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Opinion | What expensive workers in their 50s need to do

Those in their 50s need a financial and work strategy to fight the effects of covid-19

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₹871 crore loss in January-March on surge in cost

NEW DELHI: InterGlobe Aviation Ltd, which operates India’s largest airline IndiGo, reported a consolidated net loss of ₹871 crore for January-March, compared with a ₹596 crore profit in the year-ago quarter, because of a surge in cost amid tepid revenue growth.

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Asia's most expensive divorce leads to the creation of a new billionaire

A new female billionaire has emerged from one of Asia’s most-expensive breakups.

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Unlock 1.0: Refiners plan 100% capacity as demand picks up

MUMBAI: As states begin a phased exit from an over two-month lockdown, to contain the spread of covid-19, and economic activity resumes, refiners are beginning to ramp up production anticipating a pick up in fuel demand.

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COVID-19 outbreaks surge in Central, South America

Countries in Central and South America are the most intense COVID-19 transmission zones, driven by complex factors such as crowded urban settings, and concerns are rising about the pandemic's impact on the treatment of noncommunicable diseases, World Health Organization (WHO) officials said today.

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Covid-19 may stretch LIC's timeline to unlock value in IDBI Bank

MUMBAI: In January 2019, Life Insurance Corporation of India (LIC) completed its acquisition of a 51% stake in IDBI Bank, touted as a state-led rescue of the lender owing to its precarious capital position.

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Markets surge nearly 3% as economy opens gradually after two months of lockdown

Indian stock markets rallied on Monday as investors cheered government’s announcement to relax lockdown in phased manner across the country after almost two months of strict measures. The government is on a step-by-step approach to restore normalcy while businesses focus on exit strategies and revive growth.

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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

Unlock 1.0: Will discretionary expenses see a surge?

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