While reopening economic activities, we need to keep in mind that the industry cannot be opened in isolation, the whole ecosystem along with the related supply chains needs to be revived and restarted, said Suresh Prabhu, Hon'ble Member of Parliament. We should follow the Chinese model of revival through specific geographical openings for economic activities in areas which are marked green and keeping the hotspot districts completely locked, till there is full containment in those areas, said Hon'ble Member of Parliament. This is the time India needs to take advantage of the crises and convert it into an opportunity, we set our National goal of getting Foreign Direct Investments to India and each citizen and all arms of the government must work towards this common goal with complete alignment of reforms, said Prabhu. Businesses are the most important part of the economy, as they are significant contributors to economic growth and progress, he said.

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The country-wide lockdown imposed on 23rd March, while necessary, has had deep ramifications on economic activity. According to the CII CEOs Snap Poll on Impact of COVID-19 on Economy and Industry, while a majority of the firms continue to anticipate a significant decline in their topline, they now foresee a delay in economic revival and demand recovery. The survey saw the participation of more than 300 CEOs, of which nearly two-thirds belonged to MSMEs. The lockdown brought economic activity to a grinding halt and the survey findings indicate that a significant majority of the firms (65%) expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020). For financial year 2020-21, the expectations of a fall in revenue are staggered, with 33% of the firms anticipating a revenue fall of more than 40%, closely followed by 32% of firms expecting a revenue contraction ranging between 20% to 40%.

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The procurement of wheat and rice (second crop) during the ongoing Rabi season has picked up pace despite severe logistical constraints posed due to the countrywide lockdown. Against the target of 400 Lakh Metric Tonnes (LMT) of wheat, procurement for central pool has touched 216 LMT upto 06.05.20. It is particularly heartening since procurement in major wheat procuring states like Punjab, Haryana and Madhya Pradesh had started only after 15th April. Similarly paddy procurement is also going on smoothly with 44.9 LMT paddy procured so far by the government agencies.

The Fit and color of the clothes you wear to a business meeting have an impact on how you are first perceived. Get off on the right foot by watching our guide on how to dress for success in business.

How advisers can keep heirs as clients. Plus, how you can teach clients to ignore the noise. And, a look at non-traded REITs. Dow Jones Wealth Adviser's Veronica Dagher reports.

Some women may avoid planning for retirement or handling the family's investments but now is the time to get engaged, says Susan Hirshman, president of SHE Ltd.

Sales decline 2.72% to Rs 6.09 crore

Sales rise 13.39% to Rs 1798.05 crore

Most exit polls see loss for Jaya; Assam for BJP; left turn for Kerala

State Bank of India was transferring the money from Coimbatore to Vishakhapatnam to tide over a cash shortage in Andhra Pradesh when the vans were seized by the Election Commission

Sun TV is promoted by DMK chief M Karunanidhi's grand-nephew Kalanithi Maran

As per trends, J Jayalalithaa-led AIADMK appears to be winning Tamil Nadu for a straight second term, bucking the tradition since 1989 when a ruling party has not returned to power

Some with direct connections to political dispensations could face heat; others considered close to the winning party could expect good times

Centre to launch ambitious job scheme on Swami Vivekananda's birth anniversary

Minister says UDAY scheme will itself help save Rs 1.8 lakh crore annually within next three years

In the broader market, the S&P BSE Mid-Cap index was up 0.22% while the S&P BSE Small-Cap index down 0.1%.

As per provisional closing, the barometer S&P BSE Sensex gained 199.32 points or 0.63% at 31,642.70. The Nifty 50 index gained 51.55 points or 0.56% at 9,250.60.

As fears of the novel coronavirus spread through the U.S., the high-contact tradition of presidential campaigning came to a halt. WSJ's Gerald F. Seib explains what Americans may see as campaigning resumes. Photo: Shutterstock/Zuma Press

States balance public health and economic well-being as more lockdowns expire; U.S. intelligence agencies confirm investigating if the coronavirus escaped from a lab in Wuhan; Apple and Amazon report profits. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Matthew Hatcher/Bloomberg

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press

RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020)

On 08 May 2020

Britain's minister for the environment, food and rural affairs says Prime Minister Boris Johnson won't be announcing immediate changes to the country's coronavirus lockdown when he addresses the nation on Sunday. George Eustice said the U.K. is not out of the woods and that there isn't going to be any dramatic overnight change to the lockdown. He said the government will be very, very cautious in loosening the restrictions. Johnson is expected to set out a roadmap of how the U.K. can start easing the lockdown in the future. Only minor changes, such as allowing individuals to sunbathe in parks and removing the limit on one daily outing for exercise, are anticipated. Eustice also revealed that another 626 people have died after testing positive for COVID-19 in all settings, including hospitals and care homes. That takes the U.K. total to 31,241, the second highest official death toll in the world behind the United States.

The owner of a popular Indian-American grocery story has been charged with price gouging during the coronavirus pandemic, when the entire state is under stay-at-home orders. Following consumer complaints, an investigation office revealed that Rajvinder Singh, owner of the popular Apna Bazaar in California's Pleasanton, had allegedly increased the prices of grocery items following the emergency declaration by the governor on March 4. Based on evidence provided by customer receipts, the investigation confirmed that the pricing of several food items exceeded the 10-per cent increase allowed during a state of emergency, with some prices being as much as 200 per cent more than what was previously charged, according to a joint statement issued by California Attorney General Xavier Becerra and Alameda County District Attorney Nancy O'Malley. The food items listed in the complaint include yellow onions, ginger, green beans, instant noodles, tea, chili peppers, pomegranates and red yams. "We ..

The decision to shelve detailed advice from the nation's top disease control experts for reopening communities during the coronavirus pandemic came from the highest levels of the White House, according to internal government emails. The files also show that after the AP reported Thursday that the guidance document had been buried, the Trump administration ordered key parts of it to be fast-tracked for approval. The trove of emails obtained by The Associated Press show the nation's top public health experts at the Centers for Disease Control and Prevention spending weeks working on guidance to help the country deal with a public health emergency, only to see their work quashed by political appointees with little explanation. The document, titled Guidance for Implementing the Opening Up America Again Framework, was researched and written to help faith leaders, business owners, educators and state and local officials as they begin to reopen. It included detailed decision trees, or flow ..

Video released Friday from a Maryland police officer's body camera captures him warning the man to drop a knife and get down on the ground before he fatally shot the man as he charged at the officer. Montgomery County Police Sgt. David Cohen fired the first of at least five shots about one minute after he exited his patrol vehicle and confronted Finan H. Berhe, 30, in a residential parking lot on Thursday afternoon. Put the knife down! Cohen screamed as Berhe ran toward him and then stopped, momentarily backing away from the officer, who was pointing a gun at him. Get on the ground! I don't want to shoot you! Cohen shouted just before Berhe started running at the officer again. As the officer opened fire, Berhe collapsed and dropped an object he was holding. Man down! a man shouted after the shooting stopped. Police said investigators recovered a knife that Berhe was brandishing when Cohen shot him. Berhe died at a hospital, police said. No officers were injured. Department spokesman

/ -- In 2019, global PV inverter shipments increased by 18% on a YOY basis with total shipments reaching 126,735 MW according to the report released by Wood Mackenzie. Growatt shipped a total capacity of over 5GW for the year and ranked No.8 among the inverter suppliers. The company has been pursuing a global strategy of localization in recent years and has gained strong growth momentum across the world. "Over the years, we've established 13 offices and warehouses worldwide, and we've also built strong and experienced local teams in key markets," said Lisa Zhang, Growatt Marketing Director. "Besides our extensive service network, we've developed the X generation inverters, which feature high efficiency, safety, intelligence as well as elegant design. These advanced PV solutions have brought us additional advantages over other suppliers in the market." Growatt has been present in Europe for 10 years and its products are well received in the region for its high efficiency, superior ...

President Donald Trump says he's in no rush to negotiate another financial rescue bill, even as the government reported that more than 20 million Americans lost their jobs last month due to economic upheaval caused by the coronavirus. The president's low-key approach came Friday as the Labor Department reported the highest unemployment rate since the Great Depression and as Democrats prepared to unveil what Senate Democratic leader Chuck Schumer calls a Rooseveltian-style aid package to shore up the economy and address the health crisis. Some congressional conservatives, meanwhile, who set aside long-held opposition to deficits to pass more than USD 2 trillion in relief so far, have expressed reservations about another massive spending package. We've kind of paused as far as formal negotiations go, Larry Kudlow, the director of the National Economic Council told reporters Friday. He said the administration wanted to let the last round of recovery funding kick in before committing to ..

Egypt's President Abdel-Fattah el-Sissi on Saturday approved amendments to the country's state of emergency that grant him and security agencies additional powers, which the government says are needed to combat the coronavirus outbreak. An international rights group condemned the amendments, saying the government has used the global pandemic to expand, not reform, Egypt's abusive Emergency Law. The new amendments allow the president to to take measures to contain the virus, such as suspending classes at schools and universities and quarantining those returning from abroad. But they also include expanded powers to ban public and private meetings, protests, celebrations and other forms of assembly. The government has waged an unprecedented crackdown on dissent since 2013, when el-Sissi rose to power, and unauthorized protests have been banned for years. The amendments also allow military prosecutors to investigate incidents when army officers are tasked with law enforcement or when the .

Pakistan on Saturday began easing the month-long lockdown despite a steady rise in the number of the coronavirus cases which rose to 27,474 after health authorities reported a big jump of 1,637 infections and 24 deaths in a single day. Prime Minister Imran Khan on Thursday said that Pakistan would begin easing its nationwide lockdown in a phase-wise manner by allowing various businesses to open up from Saturday, citing the economic crisis due to the shutdown, which was enforced in the country in March end. The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm. The federal government was trying to provide maximum relief to the people but due to the current economic conditions of the country, the lockdown must be eased, the Express Tribune quoted Khan as saying. Sindh Chief Minister Murad Ali Shah and Adviser to Khyber-Pakhtunkhwa chief minister Ajmal Wazir said the provincial government .

A two-week course of an antiviral therapy, started within seven days of experiencing COVID-19 symptoms, may improve clinical recovery of patients and reduce their hospital stay duration, according to the first randomised trial of this triple drug combination. The study, published in the journal The Lancet, involved 127 adults from six public hospitals in Hong Kong, and tested the effectiveness of an antiviral drug combination in reducing the load of the novel coronavirus in their bodies. According to the researchers, including those from the University of Hong Kong, treatment involving combination of the drugs interferon beta-1b, plus the antiviral therapy lopinavir-ritonavir and ribavirin, is better at reducing the viral load than lopinavir-ritonavir alone. They stressed on the need for larger phase 3 trials to examine the effectiveness of this triple combination in critically ill patients, adding that these early findings were only observed in patients with mild to moderate ...

Mounting a strong defence of the ruling Communist Party of China, President Xi Jinping has said the COVID-19 fight has once again shown that the CPC leadership and the country's socialist political system can overcome any challenge. Xi's comments came as China faced global criticism for its initial inaction to act against the novel coronavirus, which according to Chinese officials emerged in the central Chinese city of Wuhan in December last year. Pressure is also mounting on Beijing to agree for an international probe on the origins of the vicious virus, including from the Wuhan Institute of Virology (WIV), as claimed by the US leadership. China curbed the spread of the coronavirus in over a month and brought COVID-19 under control at its first epicentre in Wuhan in about three months, Xi, also the General Secretary of the CPC, said at a symposium held on Friday to get suggestions from non-ruling Communist Party of China (CPC) parties on COVID-19 prevention and control. He termed the

Seoul has shut down more than 2,100 nightclubs, hostess bars, and discos after dozens of infections were linked to clubgoers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed by Mayor Park Won-soon on Saturday came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said that the entry bans on the facilities will be maintained until the city concludes the infections risks as meaningfully lowered. South Korea's Centers for Disease Control and Prevention earlier said 18 fresh cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive on Tuesday. But Park said 16 more cases were confirmed in Seoul alone in the following hours .

Federal investigators have found reasonable grounds that a government whistleblower was punished for speaking out against widespread use of an unproven drug that President Donald Trump touted as a remedy for COVID-19, his lawyers said. Dr Rick Bright headed the Biomedical Advanced Research and Development Authority, a unit of Department of Health and Human Services that focuses on countermeasures to infectious diseases and bioterrorism. He had received a job performance review of outstanding before he was summarily transferred last month, with his agency email cut off without warning. Investigators with the Office of Special Counsel made a threshold determination that HHS violated the Whistleblower Protection Act by removing Dr Bright from his position because he made protected disclosures in the best interest of the American public," his lawyers Debra Katz and Lisa Banks said in a statement Friday. The OSC is an agency that investigates allegations of egregious personnel practices in

South Korea's capital closed down more than 2,100 bars and other nightspots Saturday because of a new cluster of coronavirus infections, and Germany scrambled to contain fresh outbreaks at slaughterhouses, underscoring the dangers authorities face as they try to reopen their economies. Elsewhere, Belarus, which has not locked down despite increasing case numbers, saw tens of thousands of people turn out to mark Victory Day, the anniversary of Nazi Germany's defeat in 1945. That was in contrast to Russia, where a muted event took place over an empty Red Square. Around the world, the US and other hard-hit countries are wrestling with how to ease curbs on business and public activity without touching off a deadly second wave of infection. Germany and South Korea have both carried out extensive testing and contact tracing and have been hailed for avoiding the mass deaths that have overwhelmed other countries. But even there, authorities have struggled with finding the balance between ...

South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed Saturday by Seoul Mayor Park Won-soon came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said the entry bans on the facilities will be maintained until the city concludes that risks of infection have been meaningfully lowered. South Korea's Centers for Disease Control and Prevention, or KCDC, said earlier in the day that 18 new cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive days later. But Park said 16 more

ReNew Solar Power Pvt Ltd has emerged as the lowest bidder at a tariff of Rs 2.90 per unit for 400 MW renewable energy capacity put on auction by Solar Energy Corporatindia (SECI). SECI concluded the auction this evening for 400 MW renewable energy capacity, an industry source said. The developers can develop solar, wind, and hybrid projects under this tender. The developers would supply power to the New Delhi Municipal Corporation (NDMC) and Dadra and Nagar Haveli. The second lowest bidder was Greenko Energies Pvt Ltd at tariff of Rs 2.91 per unit for 400 MW projects. These are the round the clock power supply projects which means these could be augmented by energy storage systems.

A case has been registered against office-bearers of Bandra Gymkhana in the city for violation of lockdown after a video purportedly showed members celebrating its completion of 85 years despite the lockdown restrictions. A lawyer filed a complaint saying that a video on social media showed Gymkhana members singing and dancing during the celebration of completion of 85 years of the club, a police officer said. A case under IPC sections 188 (defying public servant's order) and 269 (act which may spread infection) was registered against office-bearers and some members, he said, adding that probe was on.

Amid the coronavirus outbreak, the iconic Rabindra Setu, popularly known as the Howrah Bridge that connects Kolkata and its twin city Howrah, was illuminated by the Kolkata Port Trust on the occasion of the 159th birth anniversary of poet Rabidranath Tagore. The bridge which was almost deserted because of the ongoing lockdown was lit up by colourful LED lights in the evening, KoPT officials said. They said the illumination is a symbolic 'Message of Hope, in these troubled times to the citizens of this great metropolis and beyond. White light washed the bridge to honour the front line Covid-19 warriors, followed alternately by red, orange and green signalling the zones that identify the intensity of coronavirus spread, they said. All this while, instrumental pieces of Tagore song was played at the nearby Millennium Park, the officials said.

The Haryana government said on Friday a three-member SIT, which will be headed by a senior IAS officer, has been constituted to investigate the huge stock of liquor going missing from two godowns in Sonipat, and the alleged sale of illicit liquor in the state. With several bootlegging incidents being reported during the lockdown when liquor vends were closed, the SIT will also probe sale of illicit liquor in the state during the period, Haryana Home Minister Anil Vij said. Liquor vends in Haryana were closed from March 27 after the lockdown was announced, but have now reopened from May 6 after the state government decided to open the vends. He said a senior IAS officer -- either Ashok Khemka, Sanjeev Kaushal or T C Gupta -- will head the SIT while IPS officer Subhash Yadav and Additional Excise Commissioner Vijay Singh will also be its members and jointly investigate the matter. The scope of the SIT, which was earlier to probe the case of seized liquor going missing from the godowns ..

Union Home Minister Amit Shah has said the West Bengal government is not allowing trains with migrant workers to reach the state that may further create hardship for the labourers. In a letter to West Bengal Chief Minister Mamata Banerjee, Shah said not allowing trains to reach West Bengal is "injustice" to the migrant workers from the state. Referring to the 'Shramik Special' trains being run by the central government to facilitate transport of migrant workers from different parts of the country to various destinations, the home minister said in the letter that the Centre has facilitated more than two lakh migrants workers to reach home. Shah said migrant workers from West Bengal are also eager to reach home and the central government is also facilitating the train services. "But we are not getting expected support from the West Bengal. The state government of West Bengal is not allowing the trains reaching to West Bengal. This is injustice with West Bengal migrant labourers. This ...

The number of coronavirus positive cases in Nashik district of Maharashtra jumped to 622 after 50 more persons were found infected, officials said on Saturday. As many as 49 of the 50 new patients were from Malegaon and one from Nashik city, the district administration said in statement. Of the total 622 COVID-19 patients in the district, 497 are from Malegaon, 45 from Nashik city and 61 from other parts, it said. The death toll due to the virus is 19 so far in the district, the statememt added. There are 19 patients from outside the district who are receiving treatment in hospitals here. A total of 46 patients- 41 patients from Malegaon, three from Nashik Municipal Corporation limit and two from other parts of the district- have recovereed from the infection so far, it said.

While parents in cities are tutoring their children at home using digital tools and technology amid the ongoing COVID-19-induced lockdown which has led to closure of schools, those in villages are utilising simple household items like fruits, buttons and pulses to homeschool kids. Prime Minister Narendra Modi had announced a nationwide lockdown from March 25 to April 14 and urged the country of around 1.3 billion people to stay home in view of the coronavirus outbreak. The restrictions were first extended till May 3 and again extended till May 17. The death toll due to COVID-19 rose to 1,981 and the number of cases climbed to 59,662 in the country on Saturday, registering an increase of 95 deaths and 3,320 cases in the last 24 hours, according to the Union health ministry. As most of the educational institutions in cities across the country are offering online classes due to the lockdown, parents too are chipping in to educate their kids at home using iPads, tabs and ...

17-year-old Pratyusha Jha, wakes up scrambling for newspapers these days to look for any news about her pending board exams and is anxious about what the future has in store for her. Similar concerns are shared by Bipin Kumar, a class 12 student, who says the announcement of board exams from July 1 to 15 brought limited clarity as the larger questions remain unanswered. The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well. "Everyday I have been looking for news about the exams and about entrance exam dates. I feel unfortunate that this happened during the year I was supposed to take the big college leap. I don't want my future decisions to be shaped by this very year as what I opt to study now will remain with me lifelong," Pratyusha told PTI. Ending some uncertainty for students, HRD Minister Ramesh Pokhriyal 'Nishank' on Friday ...

The AAP government has told the Delhi High Court that adequate ration was being provided to Rohingya families at three camps in south and north east parts of the city during the coronavirus-induced lockdown. The submission was made by the Delhi government before a bench of Justices Manmohan and Sanjeev Narula, which was hearing a plea seeking immediate relief for the Rohingya families at settlements in Khajuri Khas in north east Delhi and Shram Vihar and Madanpur Khadar in south Delhi. Delhi government additional standing counsel Sanjoy Ghose and advocate Urvi Mohan also told the court that four hunger centres were being run near the settlements mentioned in the plea. The petitioner, Fazal Abdali, claimed that the Rohingyas at these three camps were being denied relief under the various schemes announced by the Delhi government to combat the coronavirus pandemic. The bench, however, noted that the petitioner had not given any specific particulars of the neglect faced by these families

Actor-producer Jackky Bhagnani forbodes that in the post-coronavirus film industry, it might take more time for movies to be greenlit. Talking both from the perspective of a producer and actor, Jackky said there will be some changes that will happen once the countrywide lockdown is lifted. "As an actor, I see that there will be a lesser number of projects that will go on the floors. Most investors and producers will take their time to green-light projects. "As a producer, there might be some pragmatic decisions to be taken on which projects to do first and how to minimise costs without affecting the scale or demands of the script," he told PTI. Jackky's production banner, Pooja Entertatinment's two films -- Varun Dhawan and Sara Ali Khan-starrer "Coolie No 1" and Akshay Kumar's "Bell Bottom" -- were affected by the coronavirus pandemic. When asked about the plans for "Coolie No 1", which was expected to release countrywide on May 1, Jackky said, "I think it's insensitive to think of a

Hyundai Motor India on Saturday said its Chennai-based manufacturing facility rolled out 200 cars on the first day of resuming production. The company re-started manufacturing activities at its plant in Sriperumbudur (near Chennai) on May 8. The auto major has commenced production at the facility adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement. In line with the government's objectives of reviving the economy and company's global vision of progress for humanity, the commencement of manufacturing operations is aimed at boosting economic activities and bringing back normalcy, it added. Several industries are resuming operations in a phased manner following an over month-long shutdown due to the coronavirus lockdown.

Smartphone maker Tecno on Saturday said it has launched an initiative to offer customers the option to book their smartphones online and get the handset delivered by neighbourhood retail stores. Also, the Transsion Group company said it will resume operations at its Noida factory in accordance with the government regulations. The new model will help Tecno's network of 35,000 offline retailers revive their businesses and empower consumers to select the product of their choice from the safety of their homes, a statement said. Consumers can reach out to their preferred retailers via Tecno's website and enter their PIN code details. The microsite with a store locator will assist in mapping the retailer and the contact details, and the device will be delivered to their doorsteps by their nearest retailer, it added. "Tecno's unique initiative will enable its consumers to connect and place order with their preferred retailers as per the zoning guidelines of the government from the comfort of