Due to construction at the Newark Transit Hub, the bus stop on Farmer Lane at Delaware Ave., #3678, will be temporarily closed on Monday, May 11 from 7 AM to 5 PM.

Please board at the bus stop located at the Newark Transit Hub on Pomeroy Lane at Main St., #3679. A notice will be posted at affected bus stop directing riders to the alternate boarding location.

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Australia has involved the tourism chiefs to launch a huge UK advertising campaign on Christmas Day with the aim of reversing the decline of visitors from Britain which is linked to uncertainty over its exit from the EU.  The Campaign and the…

No automatic approval; move seen to curb opportunistic takeovers.

21 downgrades a day since January compared with 15 between January and mid-March.

Indian internet consumer businesses raised $2.1 billion from investors in the January-March period, about 14% less year-on-year, data from market research firm Tracxn showed.

During FY12-17, a cumulative generation capacity of 99,209 MW was added against a target of 88,537 MW, outpacing the growth in demand and resulting in a declining trend of PLFs.

DBT ensures that the cash benefit is directly credited into the account of the beneficiary, eliminating the risk of leakage as well as improving efficiency.

Truck drivers, traders, retailers, transporters and other stakeholders, who were facing problems in inter-state movement of any commodities, have been asked to seek help from the call centre.

India, which was among the last set of nations where the Covid-19 spread its tentacles, has announced a Rs 1.7-lakh-crore (0.8% of GDP) relief package for the poor and the vulnerable and is planning to calibrate its reponses to help the economy over the coming weeks.

The order also directs the village sarpanchs (heads) to permit these workers to enter their villages, and to make an official note recording their entry.

Delay in local clearances, incomplete supply chain and closure of front-end sales, key reason for firms in a wait and watch mode

Like Maharashtra and Telangana, Odisha has also been forced to cut expenditure and defer some others, including salary payments to manage the finances at the current juncture.

“We have no regrets in doing so. It will help us come out of the crisis stronger,” Nilanjan Roy, CFO, said on Monday.

Reddy spoke of how it is very difficult to catch asymptomatics, unless individuals get themselves tested on demand, or the public health authorities organise testing in a cluster.

Except Madhya Pradesh, no other state has so far acted upon the Centre’s advisory, leaving farmers, the intended beneficiaries of the move, high and dry.

For a country that depends on imports to meet 85% of its crude oil requirement, the benign prices of the commodity will also have another beneficial outcome as reduced subsidy bills.

Nevertheless, as many as 69% of respondents in a Ficci-commissioned survey have indicated that measures initiated so far by the government are inadequate and called for more steps.

According to Credit Suisse, Facebook's investment will accelerate Jio's digital monetisation drive wherein RIL transferred Rs 1.08 lakh crore of debt from Jio to Jio Platforms.

Since the deal between the two firms is not exclusive, tomorrow Facebook is free to forge any kind of alliance with the likes of Amazon or Flipkart on the retail side.

India is among the last set of nations to face the Covid-19 outbreak, but the longer it takes to shape its economic response, the costlier its interventions will be, according to industry executives.

In view of the mounting attacks amid the Coronavirus outbreak, the IMA had been demanding that the government formulate a law to protect health workers.

Part of the explanation can be higher co-morbidity in certain cities and also a shortage of critical equipment like ventilators.

One reason for it could be that IndiGo, with its free cash of over Rs 9,400 crore as on December 31, is in a better position than most peers to tide over the crisis.

Urging the top management to rise up to the challenge, Subrahmanyan said that once the lockdown is lifted, everyone’s efforts need to double up to try and bridge the revenue gap.

The stricter lockdown measures in select cities are in the wake of increasing number of Covid-19 cases in the state, especially in the urban areas.

Even some of the food processing companies have reported that they are not getting the raw material as village panchayats were not allowing anyone to enter to procure such raw materials.

Once the clinical trials are over and successful, SII will release its vaccine. If the clinical trials by Oxford are not successful then the loss will be of SII. Some limited clinical trials will be done by SII also.

Speaking at an Assocham webinar, the minister said the fund will be used to clear dues owed to small businesses by state-run entities as well as industries.

The regulator had also observed that mutual funds should not depend totally on credit rating agencies but should do their own assessments.

The Group of Ministers (GoM), headed by health minister Harsh Vardhan, met to review the preparations and deliberate on the way ahead.

In fact, the BJP-JDU government in Bihar has protested against students being allowed to move out of Rajasthan and wrote to the Centre recently calling it an “utter violation of guidelines issued by the MHA”.

A visit to any neighbourhood kirana shop will reveal piles of snacks, bakery goods, groceries, soaps and sanitisers that have been made in the immediate vicinity.

Meanwhile, domestic consumption of petroleum products in FY20 remained flat at 213.7 MT as sales of transportation fuels plummeted in March amid the country-wide lockdown.

The Pradhan Mantri Garib Kalyan Yojana (PMGKY) relief package, announced on March 27 to alleviate the distress of people most affected by the nationwide lockdown, may help whittle down some of the excess foodgrain stocks.

A finance ministry official said some other state governments have also shown interest in borrowing from their respective state CAMPA funds, but refused to name them.

Covid-19 is a new virus, whose behaviour is yet to be unravelled. Mutations cannot be ruled out. It is no one-stroke flattening of the curve.

The concern is genuine as new hotspots are emerging in districts like Idukki and Kottayam that were earlier in the green zone and considered safe.

Further, the app will also have added features like the e-pass for movement during the restrictions imposed by the government to fight the pandemic.

According to a recent industry estimate, as many as 4.58 lakh housing units were facing delayed delivery across 1,509 stalled projects.

Hospitals were not keen earlier and considered using UV lamps in the HVAC systems only because there was a 10-15% savings in the electricity bill and not because it improved air quality and killed microbes, Kulkarni said.

Interestingly, foreign portfolio investors (FPI), who were big sellers in March pulling out more than $8 billion, and have offloaded shares for most of April, turned buyers picking up some $50 million worth of stocks.

“This is essential for maintaining the supply chain of goods and services across the country during the lockdown period,” Union home secretary Ajay Bhalla reiterated in a letter to state chief secretaries.

States need to undertake to clear departmental dues, fast-track subsidy release to receive first tranche of Rs 45-k cr; show evidence of action to get the balance

Conglomerate hopes to become debt-free this year

To ensure safety, passengers would be screened by the sending states and only those found asymptomatic would be allowed to travel. Sending state governments will have to bring these persons in batches that can be accommodated in the train to the designated railway station in sanitised buses following social distancing norms and other precautions.

Social media use surges; average time spent on platforms like Facebook and Instagram up by over 60%.

The Indian Express will host its second online Express Adda with Dr Guleria, also internationally renowned pulmonologist, on Monday, May 4.

The Silver Lake infusion values it at an equity value of Rs 4.90 lakh crore.

A state-wise comparison shows that the states with the highest cases like Delhi, Maharashtra and Gujarat still seem to be doubling every 10 days.

Andhra Pradesh chief minister YS Jagan Mohan Reddy has constituted a high-level committee to probe into the gas leak and announced an ex-gratia of Rs 1 crore to each of the families of the nine who lost their lives.