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Live: Global Covid count breaches 3 million-markIndia has reported 28,380 confirmed cases including 21,132 active cases, 6,361 cured/discharged cases and 886 deaths. from Economic Times https://ift.tt/3bLBrAz

Lockdown likely to continue in Covid hotspots: PM The PM sought to put the issue of exiting the lockdown in context at a video conference with CMs, where he emphasised that districts will have to gradually move through the colour code — red, orange and green. from Economic Times https://ift.tt/2zwoQ61

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India tries to stomp out the Franklin fireSebi has sought details from mutual funds on the extent of redemptions. from Economic Times https://ift.tt/3eTclSj

Charlie Munger is staying put (so should you)Buffett and Munger’s diaries are blank, just like those of everyone else on the planet. from Economic Times https://ift.tt/3aAXlVH

Is PMS better than MFs in a slump?Both equity mutual funds and PMS funds have taken a similar hit on returns in the market correction. While both manage portfolios for investors, operations are under vastly different frameworks. Is there also a lot of difference in their performances? Read to find out. from Economic Times https://ift.tt/2W1BRft

Most SMEs have run out of cash: SurveyAbout 24% of respondents said they have cash reserves to sustain their businesses for the next one to three months, while 23% said they can sustain themselves for between three to six months. from Economic Times https://ift.tt/358tLFV

The risks are building up for India's banksDowngrades are bad news for the financial services sector. When other sectors weaken, banks and NBFCs could witness increased defaults. As the economy slows to a grind, investors should avoid debt laden companies. Here are other expert takes. from Economic Times https://ift.tt/2VEzZu1

Paytm in talks with Microsoft to build war chestThe proposed fund raise, which may amount to around $100 million (Rs 760 crore), is likely to be an extension of a planned $1-billion (Rs 7,600 crore) fundraising that the company had initiated last year. from Economic Times https://ift.tt/2KDAePW

The company, which follows January-December calendar as financial year, will report its first quarter numbers on Monday. from Economic Times https://ift.tt/3bFEFFD

Tune in! Here's what might matter in the market today. from Economic Times https://ift.tt/3aB78uV

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No rule to test all dialysis patients: Harsh Vardhan"Gradually the country would need to open up. The economy needs to be kickstarted… It is the livelihood of so many people. But the health ministry is very clear – we cannot open red zone districts," said Harsh Vardhan. from Economic Times https://ift.tt/2VYxi5O

Govt mulls GST relief package to soothe Covid painOther proposals include a switch to a cash-based principle of levying tax from the current invoice-based system and providing GST relief on sales for which payment is not received due to the lockdown by treating those as bad debts. from Economic Times https://ift.tt/2W04tpr

Pvt hospitals use other clause to test all patientsBefore any procedure, private hospitals are now conducting RT-PCR confirmatory test for Covid-19. Indian Council of Medical Research (ICMR) guidelines allow only symptomatic patients to be tested. Asymptomatic patients are tested only in case of direct contact with lab-confirmed cases. from Economic Times https://ift.tt/2SblAU3

Faulty antibody kits trigger blame gameThe manufacturers deny the tests are useless and say they need to be used correctly. The rapid antibody kits are meant to check whether a person has been infected as India goes in for more intensive testing. from Economic Times https://ift.tt/355Kk5A

Live: PM to interact with CMs as tally nears 27,000India has reported 26, 917 confirmed cases including 20,177 active cases, 5,913 cured/discharged and 826 deaths. from Economic Times https://ift.tt/2Y6fjNd

US records 1,330 corona deaths in 24 hoursThe country now has an overall death toll of 54,841, with 964,937 confirmed infections, according to a tally by the Baltimore-based institution at 8:30 pm (0030 GMT Monday). from Economic Times https://ift.tt/3eWM6dB

“We’re not backing off on our cost and efficiency transformation initiatives that remain largely under our control. If anything, we see this as an opportunity to approach all our businesses differently and better align our work with how Covid has reshaped customer behaviours and the economy,” AT&T chief operating officer John Stankey told investors last week. Stankey will take over as AT&T’s CEO effective July 1. from Economic Times https://ift.tt/2xSNm0Z

A top security adviser to the South's President Moon Jae-in said said that Kim had been staying in Wonsan -- a resort town in the country's east -- since April 13, adding: "No suspicious movements have so far been detected." from Economic Times https://ift.tt/2yKWuoo

The country now has an overall death toll of 54,841, with 964,937 confirmed infections, according to a tally by the Baltimore-based institution at 8:30 pm (0030 GMT Monday). from Economic Times https://ift.tt/3eWM6dB

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PM Modi to address 'Mann Ki Baat' at 11 am todayAccording to the Union Ministry of Health and Family Welfare, there are 24,942 COVID-19 cases in India, including 5,210 cured/discharged/migrated and 779 deaths. from Economic Times https://ift.tt/3cLSJh6

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Prime Minister Narendra Modi will address the 64th edition of his monthly radio programme 'Mann Ki Baat' at 11 am on Sunday amid the nationwide coronavirus lockdown. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2x7PT6P

The Fact Check Unit of Press Information Bureau (PIB) has clarified that the central government is not giving Rs 1,000 to anybody under the so-called 'Corona Sahayata Yojana', as claimed in widely circulating message on social media requiring people to click on a link and providing their information. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2Y3y1VI

On Thursday the US leader stunned viewers by saying doctors might treat people infected with the coronavirus by shining ultraviolet light inside their bodies, or with injections of household disinfectant. from Economic Times https://ift.tt/3cLl5bg

The monitoring project, 38 North, said in its report on Saturday that the train was parked at the "leadership station" in Wonsan on April 21 and April 23. The station is reserved for the use of the Kim family, it said. from Economic Times https://ift.tt/2S7yl22

The country now has an overall death toll of 53,511, with 936,293 confirmed infections, according to a tally by the Baltimore-based university at 8:30 pm (0030 GMT Sunday). from Economic Times https://ift.tt/3bEe8sr

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Coronavirus Live: US records 2,494 deaths in 24 hoursThe United States recorded 2,494 more coronavirus deaths in the past 24 hours, according to figures reported Saturday night by Johns Hopkins University. from Economic Times https://ift.tt/3bEN6kK

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The government is weighing the utility of the newly acquired rapid antibody testing kits received from China amid concerns about variations in its results even as the Indian Council of Medical Research is in the process of finalising its report on the tests. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/3eT85lB

Through the ongoing Covid-19 crisis, Prime Minister Narendra Modi has maintained a steady stream of diplomatic engagements, pushing for India’s medical needs, ranging from equipment to PPEs and testing kits, as also assuring all help in the global fight against the pandemic. ​ from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2VB6WYk

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Defence minister Rajnath Singh on Friday directed the 15-lakh strong armed forces to ensure judicious utilization of funds and avoid wasteful expenditure in view of the economic burden imposed on the country by the coronavirus pandemic. Singh also said no adversary should not get any opportunity “to exploit the current situation” while the Indian armed forces were actively helping in battle against Covid-19. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2Y3eHbf

The lockdown has set off a banking revolution. Irrespective of which bank you have an account with—in a city or a village without a branch—you can call the local post office and ask it to deliver cash. In as little as 10-15 minutes, the postman or postwoman will reach your home. For this, you need not have an account with the post office. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2KKccmx

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A week to go for May 3, experts divided over the way out for IndiaTwo veteran experts — Jayaprakash Muliyal and T Jacob John — feel it’s time to end the lockdown. from Economic Times https://ift.tt/3cGNUW8

Covid live: US deaths top 51,000Late-night order to reopen neighbourhood and stand alone shops. But shops in market places, multi-brand and single brand malls shall continue to remain closed till May 3. from Economic Times https://ift.tt/2yDRBNV

Lawyer accuses CJI of discriminatory case listing A lawyer has in a letter to Chief Justice of India SA Bobde alleged that its registry, the executive wing of the court, indulged in discrimination while listing cases. from Economic Times https://ift.tt/2x6ObTn

In the letter, council’s general secretary Shiva Gopal Mishra wrote that the employees of central and state governments were the real warriors in the fight against the virus, with many of them “working in the field exposing themselves without sufficient PPE” from Economic Times https://ift.tt/3eRcfdJ

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US stocks finish positive amid virus optimismCautious optimism on Wall Street propelled US stocks to a positive finish on Friday, despite mounting evidence of the coronavirus pandemic's deep damage to the American economy. from Economic Times https://ift.tt/3eR7tgj

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However, the number of deaths related to the virus jumped to what is probably the highest single-day toll of 54, taking the total to 780 so far — which translates to a case fatality ratio of around 3.2%. Maharashtra continued to report the highest number of deaths, with 18 on Friday, Gujarat (15), Madhya Pradesh (8), Rajasthan (4) and Delhi (3). from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2Y3h6Tb

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“We request for your kind direction to the MHA on this very important recommendation from the industry which is duly considered and approved by the crisis management structure set up you – the Empowered Group of Technology and Data Management,” India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo wrote in the letter. from Economic Times https://ift.tt/3bzA8ol

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Lockdown exit plan will seek to sustain gains: OfficialsThe Centre is monitoring various challenges related to resumption of economic activities on a day-to-day and case-to-case basis. One key obstacle is economic hubs being located in red zones, where the disease needs to be curbed. The Centre has been keeping a close watch on state and district-level administrations and trying to assist them as well as helping businesses to resume operations. from Economic Times https://ift.tt/3cM5gRN

CEO Brian Humphries and other top leaders receive fixed components like basic pay as well as non-fixed ones like performance-based pay. Humphries earned a total annual compensation of about $16.5 million in 2019. from Economic Times https://ift.tt/2zrmkhw

A full-fledged rollout of WhatsApp Pay has not been approved for over two years due to concerns over its data storage policy in India and over sharing of that data with its parent entity. In February, a plan to allow WhatsApp Pay to increase the number of users in a pilot project, from 1 million to 10 million, did not take off. from Economic Times https://ift.tt/2S3LNE7

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Live: Maharashtra worst hit with 6,427 casesIndia has currently 21,700 confirmed cases including 16,689 active cases, 4,324 cured/discharged cases, and 686 deaths. from Economic Times https://ift.tt/2VBeBpP

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Home minister Amit Shah on Thursday tweeted how Prime Minister Narendra Modi had won laurels globally for handling the Covid-19 crisis in the country on a day when Congress president Sonia Gandhi questioned the central government’s response to the pandemic. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/3523E3A

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