कोरोना वायरस: एक हफ्ते में 50 हजार बढ़े मामले, दुनिया में सातवें स्थान पर पहुंचा भारत

अमेरिका में 18 लाख से ज्यादा पॉजिटिव मामले सामने आए हैं। दूसरे नंबर पर ब्राजील है जहां पांच लाख मामले है। तीसरे नंबर पर रूस है जहां कोरोना के तीन लाख मामले दर्ज किए गए हैं।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2AmmuHn

Clashes Outside White House Amid Protests Over Death Of Black Man

Clashes outside White House, tear gas fired amid protests over death of black man at hands of police in Minneapolis: news agency AFP

from NDTV News - Special https://ift.tt/3csp3Fn
via IFTTT

8 Covid spots you don't want to get into

Here's what to do if you find yourself in one of these dire situations.You are unlikely to meet your short-term goalIf your goal is just a year away and your investments have suffered heavy losses, or the property you were hoping to help finance the goal is not finding any buyer, or you dipped into this goal corpus for some other emergency, you may not be able to meet your goal.What to do...First, decide whether your goal is crucial or can be put off for a few years. If you can defer it, do so. If it is a critical goal, such as child’s education, you have three options. Either dip into another goal corpus to make up for the shortfall; reduce the goal value; or take a loan. If you opt for the first, make sure you replenish the amount withdrawn from the other goal corpus at the earliest. Go for the loan only if it’s for education, while a personal loan should be taken only as a last resort. You can also go for loans against assets. Use credit card if the amount is small and you have a secure job.You are running out of your emergency fundIf you have lost your job, faced a big salary cut, or have run into a financial emergency, which has depleted your contingency corpus, what should you do? Try to replenish it without dipping into the corpus for other goals because the tough financial times are likely to continue for an unspecified time.What to do...First, if you have any ongoing investments like SIPs, direct them to your contingency fund till it is fully replenished. In case of job loss, identify the things at home that you don’t need or use and auction these online or through apps like OLX, Quikr, ListUp, Secondhandmall, Tradly, etc. Next, find new sources of income by trying to freelance, tutor online, sell food, or leverage other hobbies which can be shared online or via social distancing. You could also make the most of the time at home and find another job that requires you to work online provided you don’t breach employer guidelines. Deploy these extra funds to rebuild your emergency corpus.You have borrowed heavilyIf you are servicing several loans, including home, vehicle or personal loans, and have just had a salary cut or even lost your job, you are definitely in a tight spot. Should you forfeit your vehicle or give up on the dream of owning a house?What to do...If your salary cut is such that you will be unable to repay the loans, approach each loan with a different strategy. In case of a small, expensive loan, such as a personal or credit card loan, use your existing savings to foreclose it. If it’s a mid-sized car loan, calculate the value of your car and the remaining loan. If the latter is less than the former, you could sell your car and repay the loan. If the car value is less than the loan, you should talk to the lender if he is willing to offer an EMI holiday for a few months till your finances get back on track. If it’s a big home loan, you could request the bank to increase the tenure and reduce your EMI or again ask for a buffer period and take an EMI holiday.You have suffered a salary cutIf Covid-related business losses have resulted in a salary cut for you, you wouldn’t be alone. While a salary cut of 5-10% may not impact your budget much, anything higher will need you to rejig your spending and saving.What to do...You can either look for a better paying job, which may not be likely in the current scenario, or try to live within the financial constraints. The latter will require a two-step process, wherein you will first have to reframe your budget factoring in the lower income and listing out the existing expenses. Then identify the expenses that can be avoided. In the next step, to make up for the shortfall, find out how you can increase your income. You could supplement it by finding a second job or freelancing (if your employer permits), or cashing in on your other skills and hobbies.You are likely to lose your jobThe pandemic has led to loss of jobs and livelihoods across various sectors. If your company too is facing massive losses and looking at downsizing, stay alert and take action before you are fired.What to do...First, research whether the entire industry has been affected or only your company. If your company seems to be facing bigger problems, start sending your resume to other firms or get in touch with head hunters. If possible, negotiate for a pay cut or even unpaid leave, since it will be better than losing your job. If, on the other hand, the entire industry is impacted, you may not easily find a job in the same stream in other companies. So it is better to use your time at home and upskill yourself or learn a new skill that will enable you to make a transition to allied industries. Start freelancing as well so you know of job opportunities in the market.You are not able to meet your goals at workIt is possible that you haven’t quite taken to the work-from-home option as well as your teammates, or perhaps the household and office work are overwhelming you to an extent that you are not able to meet your targets. Is there a way out?What to do...Unfortunately, you have very few options in the current circumstances. What you can do is streamline your work in such a way that it does not impact you or your targets. Firstly, you need discipline of work hours and clear demarcation of office area. If you fix the time and place, there will be less chaos and overlap between work and home activities. Next, interact with your colleagues even if the work does not demand it; it will keep you active and your creative juices flowing. Just because you are at home doesn’t mean you don’t need a leave. In fact, you need it more now. So talk to your boss about your problem and take a break to rejuvenate yourself.You are invested in high-risk instrumentsIf all your investments are in equity and or risky debt funds, you may have suffered losses in the past few months. You don’t want to take out money hoping the market will recover, but also want to quit the volatile market to secure your funds. What should you do?What to do...First check how far away your goals are. If they are a good 10 years away, it might make sense to stay put, especially if you are investing through SIPs. If your goal is just a year or two away, you should start a systematic withdrawal plan to retrieve the money. It’s a good idea to invest in government bonds and secure debt funds with AAA rated securities for capital safety. Remember to always have a diversified portfolio with investments in equity, bonds, gold and cash so that your losses can be minimised during volatile times.You are having more financial arguments with your spouseBeing together 24x7 in the house cannot be good for your marital relationship. Compound it with money problems and the situation can become explosive. Is there a way out?What to do...If you are working from home, try to keep your work area off limits for the family, including your spouse, for specified hours. Next, avoid bringing up money randomly in every conversation, especially in front of kids; fix a time when you are relaxed to discuss the issues. If the differences seem irreconciliable, you can even have a video call with a financial adviser or a behavioural therapist.Click here to download ET Online’s guide to everything personal finance in the times of Covid-19

from Economic Times https://ift.tt/3ceRXsk
via IFTTT

ByteDance's second corporate entity in India soon

NEW DELHI: ByteDance is setting up a second corporate entity in India, as the Chinese multinational internet technology company looks to deepen its roots in Asia’s third-largest economy, among its most active markets globally.The new entity, according to two sources with knowledge of the developments, is likely to provide Information Technology and IT-enabled services support to all of ByteDance’s platforms worldwide, including in India. It will also include working on content generated across its various platforms, issues that the startup has been facing across geographies. An email sent to ByteDance spokespersons in India, on Saturday evening, did not elicit any response till the time of going to press.The company, which commands a secondary private market valuation of about $110 billion, owns and operates popular short-form mobile video app TikTok and social media platform Helo apps. It also has content discovery platform Toutiao and Douyin, the Chinese twin of TikTok, as well as Xigua Video, among others in its portfolio.Sources said ByteDance was expected to formally file an application with the government and regulators, including the Department for Promotion of Industry and Internal Trade in the next few weeks.Last month ET reported that in India, fewer people downloaded Tik-Tok in April and May compared to the previous two months, amid reduced marketing and ad-budgets due to the Covid-19 pandemic, along with a persistent anti-China sentiment that saw users calling for a ban. 76125328

from Economic Times https://ift.tt/3gQaqiu
via IFTTT

View: Investment must reach states to stop migration

By Bhupendra YadavMigrant workers provide the much-needed support to keep the wheels of economy moving. Nearly 80 million are working across our country currently. The sheer number of migrant workers has been the outcome of disproportionate economic development across different states in the post-Independence period. The government’s recently announced fiscal support measures for migrant workers include setting up of shelters where they are provided food and water. This has been done using a fund of Rs 11,000 crore, and through the provision of free supply of food and grains to 80 million workers over the next two months. Going ahead, through national portability of ration cards, the government would ensure that all migrants have access to subsidised food grains throughout the country.Finding employment opportunities amid the crisis would be a challenge for the migrant workers both in cities and back home in rural areas. Hence, the allocation of an additional sum of Rs 40,000 cr towards MGNREGA, including an additional Rs 300-crore man days of employment, would be the key to boost employment during this period.At the crossroads of the pandemic, it has become critical for the government to revisit the model for economic development in the country. As we plan to attract fresh investments within the country, for which the government has introduced a series of policy reforms ranging from commercial mining of coal, making India a global hub for aircraft maintenance and repair, and self-reliant in terms of indigenous manufacturing of defence products, it is important for policy-makers at the Centre to hold discussions with the states to attract investments somewhat uniformly across the country.The initiative would enable us to reduce the migration of workers from one state to another and develop an alternative model for employment. It will also dovetail with the government’s plan for MSMEs, which account for over 45 per cent of the country’s industrial output and 40 per cent of its exports. The economic stimulus measures for MSMEs include an allocation of collateral-free automatic loans worth Rs 3 lakh crore, with a one-year moratorium on principal repayment, Rs 20,000 crore subordinate debt for stressed MSMEs and additionally Rs 50,000 crore equity support.Historically, we have encountered many such instances in the UPA regime wherein one-time standalone support may have generated liquidity in such situations, but failed to provide long-term sustainable growth for businesses. Our government has tried to achieve the right combination of fiscal and policy measures.The agricultural sector along with dairy and aquaculture accounts for approximately 43 per cent of the total workforce in our country. To insulate small and marginal farmers from this crisis, a total of 63 lakh loans worth Rs 86,000 crore have been approved. Also, Rs 74,300 crore worth purchases have been made at minimum support price while Rs 18,700 crore have been directly transferred to the accounts of the farmers under the PM Kisan Samman Yojana.But for a long-term sustainable business model, it is important to implement structural reforms to ensure that all these sectors are able to benefit from increased earnings, which will only help deal with unforeseen circumstances. Amendments to the 1955 Essential Commodities Act of are aimed at this. They will enable deregulation of certain food crops to enable farmers to enjoy better prices for their produce. Also, a new central law will be introduced to provide barrier-free interstate trade of agricultural produce that will also allow farmers to trade online.(The writer is Member of Parliament, Rajya Sabha)

from Economic Times https://ift.tt/2XlM6NA
via IFTTT

Amid standoff, China builds road to mineral rich area

New Delhi: As the standoff with Indian troops was underway in Eastern Ladakh since early May, China constructed a new permanent road along the Line of Actual Control (LAC) that gives it access to a mountain area believed to be rich in natural deposits.The blacktopped road, designed to take on heavy transport vehicles, has come up right next to the LAC close to India’s Gogra post, in an area that satellite images suggest hold valuable natural resources like gold.Completed in barely three weeks, the road is just under four kilometres long and connects to a larger network that China has built along the LAC for the past few years. Satellite images show that less than 10 km away on the same road, the Chinese side has deployed heavy artillery and an armoured unit.Sources said that while a semi permanent track was present in the area, the Chinese side constructed two bridges and the blacktopped road at breakneck speed over the past weeks. While the road skirts along the LAC, it can be used to quickly move in vehicles and personnel to the resource rich mountain that lies on the Indian side of the LAC.While the Indian side has bolstered defences at the Gogra post, there is no equivalent road infrastructure for access to the deposit rich area. Satellite Imagery expert Colonel Vinayak Bhat (retd) believes that the mountain could contain gold deposits. His satellite imagery based analysis suggests that a larger area close to the what he terms as `gold mountain’ could also hold valuable natural resources.Besides the road near Gogra, the Chinese side has also built defences in the form of bunkers in the Finger 4 area along the Pangong Tso lake. This area has always been claimed by China but till now was being patrolled by both sides. The new defences suggest that China seeks to retain physical control. Talks continue between both sides to resolve the standoff that has entered its 26th day but there has been no improvement on the ground as thousands of troops remain deployed in Galwan valley and Pangong Tso lake.

from Economic Times https://ift.tt/301anKN
via IFTTT

PFC & REC to offer 10-year loans to state discoms at 9.5%

New Delhi: Power Finance Corp (PFC) and REC Ltd have decided to offer 10-year loans to state distribution utilities at 9.5% for the next 60 days under the ₹90,000 crore liquidity infusion package as the Union cabinet is likely to consider relaxing working capital borrowing limits of power distribution companies this week.A senior government official said that PFC and REC have fixed interest rates under the liquidity package at 8.75% for three-year loans, 9% for five year loans, 9.25% for seven years and 9.5% for 10-year term loans. The interest rates will be valid for the next 60 days.Electricity distribution companies of 8-9 states including Maharashtra for, Telengana, Andhra Pradesh, Uttar Pradesh, Meghalaya, Jammu & Kashmir and Tamil Nadu have expressed interest in borrowing the loans from PFC and REC for about ₹60,000 crore loans and are likely to complete documentation in 7-10 days.Uttar Pradesh is likely to approach the two lenders for ₹20,000 crore, Tamil Nadu for ₹18,000 crore, Telengana for ₹12,000 crore, Andhra Pradesh for ₹6,500 crore and Maharashtra for ₹5,000 crore. Some of these states have written to the Union power ministry for relaxation of the loan disbursement rules including easing borrowing limits, he said.76127658The Union Cabinet is likely to take up the National Tariff Policy- a sectoral reform in works for two years now — this week along with the borrowing limit relaxation proposal, sources said. The relaxation is required as most distribution companies are nearing their borrowing limits while some have already exhausted them. Sources said the government is considering relaxing the Uday limit to the extent required for borrowing under the liquidity infusion scheme, subject to a maximum of 35%-40%. The National Tariff Policy will provide for penalty on gratuitous load shedding and direct benefit transfer for subsidy.Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year as working capital. This restriction was imposed after clearance by the Union Cabinet at the time of Ujwal Discom Assurance Yojna (Uday) scheme.The liquidity scheme classifies discoms into three categories based on their working capital borrowing limits and state government receivables.

from Economic Times https://ift.tt/3cpgGds
via IFTTT

Domestic airlines curtail fleet expansion plans

Mumbai: India’s airlines are sharply curtailing their fleet expansion plans as the Covid-19 pandemic saps demand for travel and pushes prospects of a recovery to next year.Carriers are likely to take delivery of not more than 25 planes for the year ending December, less than a third of what they were collectively scheduled to get, said several people aware of the matter. This includes 10-15 planes already inducted, they said.Market leader IndiGo will take the majority of the planes, although at a slower pace than its rate of one plane every week last year/ A handful of aircraft, including one Boeing 787 Dreamliner, will likely go to Vistara. AirAsia India, GoAir and SpiceJet may not take any fresh aircraft deliveries in 2020.India’s passenger airlines operate a combined fleet of 650 planes. Last year, Airbus and Boeing delivered about 70 planes to airlines and several more were leased by carriers.AirAsia India CEO Sunil Bhaskaran said the airline has frozen its expansion plans for this year. Vistara chief strategy officer Vinod Kannan told ET the airline is in talks with Airbus and Boeing to defer deliveries.Vistara has inducted a Boeing Dreamliner 787 plane and two leased Airbus A320 aircraft into its fleet between January and March 2020. It couldn’t take delivery of its second Dreamliner in March as the country went into a lockdown.SpiceJet is awaiting deliveries of Boeing 737 Max planes, which is back in production after a year of being grounded after two crashes.IndiGo, SpiceJet and GoAir didn’t respond to ET’s queries.Discussions are ongoing and will change entirely if demand increases later this year, a senior IndiGo executive said. “There are a lot of moving parts,” the executive said.“Also please remember, it brings a lot of much-needed cash to Indian airlines if they can sell and leaseback planes. Also, all airlines would want to get the new upgraded versions of planes such as the Airbus A320 Neo and Boeing 737 Max for more cost-effective operations in these times,” said a senior executive at a leasing company.Airlines across the world, especially low-cost carriers, finance aircraft by selling it to a lessor at a premium immediately after it’s delivered. They then lease it back and pay monthly rentals. The premium from such aircraft sales shores up their finances and at times, even profits.Indian carriers had to ground 650 planes on March 24 when all operations were suspended as part of the nationwide lockdown to prevent the spread of the Covid-19 virus. They grappled with a no-revenue situation for two months before being allowed to resume operations in a calibrated manner.There has been a small spurt in demand from flyers wanting to get to their home towns from distant cities, helping airlines to fill less than half of their flights. Demand may fall in the next few weeks once everyone gets back home as people avoid non-essential travel.

from Economic Times https://ift.tt/2MinOhm
via IFTTT

Post-Covid scenario: Swoosh, pipe, Z, L & W… shape of our future

New Delhi: Economists just love graphs — and those graphs have never been as cool. As practitioners of the dismal science plot possible recovery paths of Covid-hit economies, they have added new shapes to plain vanilla V or U trajectories.There’s the Swoosh, a recovery pattern that looks like Nike’s famous logo. There’s the smoking pipe graph. There’s a W, Z and an L. Entirely predictably, because they can never agree on anything that’s important, different economists are championing different shapes, including in India.The Swoosh shape signifies that there will be sharp plunge, a longish stay below the trend line of growth and a gradual climb up. HDFC’s Abheek Barua thinks India is headed for Swoosh shape. But chief economic advisor KV Subramanian bets on a nice V — contraction, then sharp recovery. Barua bats for Swoosh by arguing that “lack of coordination among states, labour shortage and income declines” will hit both demand and supply .Subramanian sees a V by finding a parallel in economic history. As he had told ET in an interview: “The Spanish flu is a reasonable proxy... and because there was a V-shaped recovery, I think it is reasonable to say that we can expect the same.”All Eyes on Virus ContainmentMay be the smokin’ hot graph of post-Covid recovery is the one that looks like those old-fashioned tobacco pipes. NR Bhanumurthy, professor at the National Institute of Public Finance and Policy, says that’s our near future. A pipe graph is a V graph with a longer tail — the recovery isn’t one that happens quickly over one quarter but over two-three quarters. 76127457Mind you, the pipe is different from the Swoosh, because in the latter the economy bears the pain for longer. And of course U is different from both. U happens when the base of V gets extended, and growth stays bad longer, but unlike in Swoosh or pipe, the recovery is sharp.As DK Joshi, chief economist at CRISIL, explains: “If you assume the virus is contained by June-July, then you will get a V-shaped recovery, but if that does not happen and recovery again falters then its shape will change — and we will get an U.”If you don’t get a V, though, pray for an U or a Swoosh or a pipe — because a W is scarier. If the infection returns in full force, forcing more stringent lockdowns, and economy shutdowns, growth will plunge after initial recovery, and only then recover.Aditi Nayar, principal economist, ICRA, bets on a V but says a “second wave of infections…could result in a W-shaped economic cycle.”Bottom line? Pray for a Z and pray harder we never get an L.A Z-shaped recovery is when a post-lockdown spending surge is so fierce that growth is lifted above trendline and then after a party settles down to trend.An L-shaped trajectory is when after the initial fall in growth rate doesn’t return to trendline, the economy never gets its mojo back.

from Economic Times https://ift.tt/36ONjAj
via IFTTT

F&O data hint at 9,037-10,160 range for Nifty

Mumbai: Options traders are baking in a range of 9,037- 10,160 for the Nifty in the current expiry (June 25), with the bias on the upside. That’s an over 11 per cent range from Friday closing of 9,580.3.Both the levels are key as the lower one has acted as a strong support, while 10,160 is the March 13 high from where the market gapped down to 9,588 in the next trading session. It then went on to hit the multi-year low of 7,511 on March 24.Certain analysts, like Rohit Srivastava of IndiaCharts, are betting on the Nifty having a shy at 10,160 to fill the gap left on March 13. Others like Rajesh Palviya of Axis Securities expect the market to reverse after testing 10,000 levels, given the lockdown-induced “economic challenges” and head to 9,040 levels.The range is derived from the value of the 9,600 straddle (call and put of 9,600 strike) of 563 a share. The options expire on June 25. So long as the market trades within the range till expiry, the straddle seller makes money. The straddle buyer will gain only if the market closes below 9,037 or above 10,160 at or before expiry.76127362Indeed, the current series of options pegs 9,000 as key support by way of highest open interest here and 10,000 as the major resistance by the same parameter.Traders should also bear in mind that the market is approaching an overbought zone, as indicated by the open interest put call ratio of 1.41 of the June 25 expiry. A reading above 1.4-1.5 is considered overbought while oversold is anything below 1.Any bet on the Nifty or Bank Nifty should be through spreads, which will minimise losses in case of a contrary move, advises Rajesh Baheti, director, Crosseas Capital. Analysts attribute the rally in global equities to diversion of cheap funds injected by central banks the world over to combat the fallout from Covid-19.Having been net sellers to the tune of 61,973 crore in March and 6,884 crore in April, FIIs have net invested 14,569 crore in May. They were also cumulatively net long index futures by 21,702 contracts on May 29. This indicates their positive sentiment on the market.

from Economic Times https://ift.tt/3dmF7cL
via IFTTT

Trump Was Taken To Underground Bunker During White House Protests: Report

As protesters gathered outside the White House on Friday night in Washington DC, US President Donald Trump was briefly taken to the White House underground bunker, The New York Times reported citing a...

from NDTV News - Special https://ift.tt/2MjsO54
via IFTTT

China Using Tactical Situation On Ground To Its Advantage: Mike Pompeo

China is using a tactical situation on the ground to its advantage and it has been making threats, like the one that is happening on its border with India, for a long time, US Secretary of State Mike...

from NDTV News - Special https://ift.tt/2XkVIIq
via IFTTT

Covid Live: Brazil crosses half million cases

from Economic Times https://ift.tt/3eAA1d3
via IFTTT

Sebi mulls one-time listing window for unlisted NCDs

MUMBAI: The Securities and Exchange Board of India (Sebi) is considering an unprecedented one-time listing window for existing unlisted non-convertible debentures to ease stress at various mutual funds. Two people familiar with the matter said that mutual funds holding illiquid, lower-rated securities would be able to use this opportunity to offload them to buyers. The rise in risk aversion after the Covid-19 lockdown had made it very difficult for funds to sell these securities without incurring huge losses. The capital market regulator told the mutual fund industry last week in a letter to ask issuing companies whether they are interested in listing these NCDs. There are about 128 such issuing companies, the Sebi letter says, and they include marquee names like Tata Sons, ONGC Petro Additions, Adani Rail Infra, KKR India Financial Services and Hero Solar Energy. According to industry estimates, debt mutual fund schemes held unlisted NCDs worth Rs 41,500 crore on March 31.Email queries to Sebi and Association of Mutual Funds in India went unanswered till the time of going to print.76127027If majority of the companies agree to list, Sebi could permit a two-month window for trades in these securities on the stock exchanges, said the people in the know cited above.This will be the first time the regulator is permitting existing NCDs to be listed. Rules allow only fresh NCD issuances to be listed on stock exchanges. Many companies do not list their NCDs to avoid disclosures linked to listing requirements. They may agree to list if the regulator allows a one-time relaxation in rules, said industry officials.Meeting NCD Exposure CapA short-term listing window could help mutual funds meet the regulator’s October 2019 circular that mandated the industry to cap exposure to NCDs at 10% of the scheme’s corpus. This step had dried up demand for NCDs among mutual funds.Franklin Templeton’s global chief Jennifer Johnson had partly blamed the rule for the winding up of its six debt schemes, a comment which invited Sebi’s wrath forcing Franklin to later apologise. Sebi on April 28 extended the deadline for complying with these exposure caps to December 31 giving mutual funds a breathing space. The Franklin crisis broke out on April 24 after the global asset management firm decided to wind up six debt schemes due to rising redemptions and inability to find a market for its lower-rated paper. Franklin also halted payments to investors from these funds.Industry officials said majority of these unlisted NCDs are held by Franklin and other top seven mutual funds. “There is a better chance of mutual funds being able to sell illiquid debt if foreign funds and HNIs see value in some of the long-term papers,” said the chief executive of a mid-sized mutual fund.Sebi and RBI have been on high alert after the Franklin episode came to the fore. To contain its effect on the industry—mainly credit risk schemes—the RBI late in April allowed mutual funds to borrow from banks by keeping securities that are of investment grade as collateral. Though many in the industry have not utilised the central bank’s liquidity window in a big way, industry officials claim the move has infused confidence.The mutual fund industry’s troubles, however, may be far from over. Fund managers agree that the stressed companies, which have issued bonds to debt schemes, may struggle to repay money on time due to the recent losses on account of the lockdown.

from Economic Times https://ift.tt/2XiitwI
via IFTTT

States issue guidelines on opening up

New Delhi | Mumbai | Guwahati | Hyderabad: State governments issued fresh guidelines allowing the resumption of a number of activities including malls and market areas, a day after the Centre issued a blueprint for restarting economic activities outside containment zones. Most of the directives were in line with the Ministry of Home Affairs (MHA) guidelines on reopening the economy, with Maharashtra dubbing its initiative Mission Begin Again.Restrictions will remain in force in containment zones and the municipal corporation areas of Mumbai Metropolitan Region, Pune, Nagpur and Aurangabad. In phase 1 of the easing starting June 3, individuals in these areas will be allowed to exercise in open public spaces including beaches, playgrounds, gardens and promenades between 5 am and 7 pm. From June 5, all markets, market areas and shops, except malls and market complexes, will be allowed to function on an odd-even basis from 9 am to 5 pm. The movement of individuals will be prohibited between 9 pm and 5 am except for essential activities, according to the Maharashtra guidelines. Uttar Pradesh will restrict entry of people from Delhi containment zones.Reopening Schools and Colleges“There will be prohibition on entry of people from containment zones/hotspot areas in Delhi to Gautam Buddh Nagar and Ghaziabad,” said additional chief secretary, home, Awanish Awasthi. “All government offices will operate with 100% workforce. Staggered timings will be followed — 9 am to 5 pm, 10 am to 6 pm and 11 am to 7 pm.”He added that all markets will remain open from 9 am to 9 pm. Supermarkets will be allowed to open with distancing and other precautionary measures. Weekly markets will be allowed in rural areas. Salons and beauty parlours will be allowed to open as long as distancing is maintained. Staff should wear face shields and gloves. The Uttar Pradesh guidelines allow state transport buses to operate on the condition that passengers don’t exceed the seating capacity.West Bengal and Madhya Pradesh extended lockdown measures until June 15 in containment zones. In West Bengal, places of worship will open from June 1. Not more than 10 people will be allowed in gatherings while shopping malls, restaurants and hotels can reopen on June 8.The Rajasthan Government has issued guidelines for June 1-30. Shops, beauty parlours, community parks will open while following physical distancing guidelines and other precautions. Government offices will function at full strength. Bihar said containment zones will remain shut until June 30 under the state disaster management act. Haryana and Delhi are also expected to issue revised guidelines. The Chandigarh administration has imposed a night curfew from 9 pm to 5 am.In Karnataka, guidelines on lockdown measures will remain in force in until June 30 in containment zones. Religious places and places of worship, hotels, restaurants and other hospitality services and shopping malls will be permitted to open from June 8.Telangana extended the lockdown in containment zones until June 30 while announcing relaxations in all other areas. Telangana chief minister K Chandrashekar Rao has instructed officials to implement the lockdown strictly in containment zones. Shops can stay open until 8 pm and the night curfew will run from 9 pm to 5 am daily. It has decided to remove restrictions on inter-state travel. Jammu and Kashmir has extended lockdown measures until June 8.The Union home secretary had written to state chief secretaries on Saturday seeking their feedback on the reopening of schools and colleges in the third phase from July 1 onwards. The MHA asked states to consult all stakeholders in the education sector on the reopening of schools and colleges and send feedback to the Centre to enable it to take a decision on the schedule for re-starting academic activities.Maharashtra has allowed relaxations in three phases. In the first phase, outdoor activities such as cycling, walking and jogging have been permitted from June 3 between 5 am and 7pm. No group activities will be allowed. Electricians, plumbers, garages and workshops have been allowed to function in the first phase. Essential goods shops and ecommerce will be permitted to function. Government offices will function with up to 15% staffing.In the second phase, markets and shops in Mumbai will be allowed to open from June 5. Shops will be allowed to open on an odd-even basis — alternating between those on the left and right side of any road. The rule will not be applicable to markets complexes and malls, which remain shut. Under the third phase from June 8, private offices have been permitted to start work with 10% attendance except in containment zones, even in MMR, Pune and other Covid-19 affected districts. Taxis and autorickshaws have been allowed to operate for essential services. However, they will not be allowed in containment zones.

from Economic Times https://ift.tt/2BeR2Ly
via IFTTT

Leaked videos, photo of clashes add to tension

New Delhi: A leaked video, which purpotedly shows Indian troops pushing back a Chinese vehicle patrol, followed by a photo depicting soldiers lying injured along the Pangong Tso lake have added to the simmering tension.The undated video - likely from early May - shows an Indian patrol party pushing back a Chinese patrol as well as an injured Chinese personnel lying on the ground. While the army has said that its authenticity cannot be verified, the video is believed to have been shot in the finger area along Pangong Tso. In an official statement, the Army said that the visuals do not depict the current situation on the ground.Within a few hours of the video, semi-official Chinese social media accounts leaked a photo of five soldiers lying injured on the ground. Two of them were tied with ropes. The photo depicts two unconscious soldiers but both the Army and the Indo Tibetan Border Police have not shared comments on it. Later in the day, a series of undated videos showing Indian troops pushing back a Chinese patrol, likely in the Galwan Valley area, were also leaked on social media.

from Economic Times https://ift.tt/3gFdNsd
via IFTTT

‘Govt didn’t take expert advice before lockdown’

NEW DELHI | MUMBAI: India is now in a community transmission phase, top public health experts have said, as the country starts a phased exit from a two-month lockdown they describe as “draconian.”In a joint statement to Prime Minister Narendra Modi, representatives of Indian Public Health Association (IPHA), Indian Association of Preventive and Social Medicine (IAPSM) & Indian Association of Epidemiologists said that the government should have consulted epidemiologists while formulating policies to tackle Covid-19.“Had the government of India consulted epidemiologists who had better grasp of disease transmission dynamics compared to modelers, it would have perhaps been better served,” the statement said. It pointed out that the government was primarily advised by “clinicians” and “academic epidemiologists” with limited field training and skills.“This draconian lockdown is probably in response to a modeling exercise from an influential institution which was a ‘worst-case simulation’. The model had come up with an estimated 2.2 million deaths globally. Subsequent events have proved that the predictions of this model were way off the mark,” it said. A study published by Imperial College London in March 2020 estimated 2.2 million deaths in the US alone, but it also assumed no containment measures or changes in behaviour by the public at large. 76125634The signatories include former advisors to the health ministry, current and former professors at the All India Institute for Medical Sciences, Benaras Hindu University, Jawaharlal Nehru University, Postgraduate Institute of Medical Education and Research, among others.When asked why these concerns were not raised earlier, Dr Shashi Kant, professor, Centre for Community Medicine AIIMS, who is one of the signatories told ET, “the deliberation of the task force is confidential in nature. Nonetheless as a member of the public health community in the country I was approached to look at the consensus communication and therefore I lent my name,” he said. The statement further says that the delay in allowing migrant workers to return home added to challenges in limiting the spread of virus. The signatories make a range of recommendations, including the setting up of a panel of inter-disciplinary preventive health and public health experts and social scientists at central, state and district levels to tackle both public health and humanitarian crises.Speaking to ET, DCS Reddy, another member, said, “We need to now have a pragmatic approach to the epidemic, the situation needs to be tailored to local situations and not be a blanket one. The government from the beginning should have advised states to take a local approach. We did not do badly, but we could have used our resources for better things and hence done more”.

from Economic Times https://ift.tt/3cl6JOf
via IFTTT

Non-starters for restaurants: Bar on pubs, dine-in timing curbs

New Delhi: Thinking of grabbing a chilled beer at your favourite bar come June 8?Well, it’s not going to happen so soon.Restaurants and cafes say reopening will not be easy despite the home ministry’s revised guidelines under its Unlock 1.0 road map.For one, restobars — which drive business especially late in the evenings — have been excluded from the list.Shortage of migrant labour — which forms a significant chunk of the restaurant industry workforce — and the fact that timings for dine-in have been curtailed to 9 pm will also make the going tough, they argue.Plus, Delhi and Mumbai — the two big markets in terms of business volumes and footfalls — continue to be red zones and hence will see limited business, with many areas under containment or operating with severe restrictions.In fact, Maharashtra on Sunday prohibited the reopening of hotels and restaurants from June 1 to June 30.76127337Grim PictureThe picture, in short, is not rosy, they told ET. “We will wait for the guidelines by various states. Many important cities may not open and we will assess our preparedness after that. Besides, lack of migrant labour could be a problem,” National Restaurant Association of India president Anurag Katriar says.The industry lobby group, which represents over 500,000 restaurants, cafes, bars and pubs in the country, has asked for restaurants to be allowed to stay open beyond 9 pm and for reopening of public transport fully to aid staff movement.Another key industry request is for restobars to be permitted to reopen. “If vendors are allowed to sell and home deliveries of alcohol are also allowed, then why not consumption in bars and restaurants?” says Pradeep Shetty, honorary secretary of the Federation of Hotel and Restaurant Associations of India, which is planning to take up the matter with the home ministry. “Restaurants and bars should move together. One without the other is a failed proposition.”Logic UnclearIndustry executives also argue that the logic behind keeping bars out of the purview of permitted activities is unclear.Priyank Sukhija, chief executive of First Fiddle Restaurants which runs Lord of the Drinks and Warehouse Café, shares the sentiment. “We request clarity on whether we can serve liquor or not since liquor is allowed to be sold at standalone outlets and through home delivery…,” he says.Amit Roy, partner at Shilton Hospitality, adds, “Why are restaurants serving alcohol being categorically shunned …when we are getting notices to renew our liquor licences without any sight of when the customer will come in next.”The restrictions under the four phases of the lockdown have hit the industry hard. The sector employs 7.3 million people — as per NRAI data of 2018-19 — more than half the number of people working for the Indian railways.‘Fresh Commercial Terms Needed’Since business volume is expected to be subdued, it is critical that landlords and operators arrive at fresh commercial terms soon, according to the industry. “It will be most unfortunate if businesses don’t kickstart due to the commercial stalemate,” Katriar of NRAI says.The organised food services sector makes up for 35% of the total restaurant market, which contributed Rs 18,000 crore in taxes in 2018-19.Umang Tewari, founder of Big Fish Ventures, which runs restaurants in the Delhi-NCR region, says: “Only 20-30% customers may come back to start with and that threatens the viability of our establishments.”There is laxity in executing the standard operating procedures, says Karan Tanna, founder of Ghost Kitchens, an investment and incubation venture for food startups. “There is no clarity on things and that makes customers even more jittery.”Restaurants typically work on thin margins and face rental and cash flow issues. “…we expect very few people to dine out, so basic cost of rentals and salaries may not be covered till the situation normalises,” says Sukhija of First Fiddle.Some restaurateurs are proposing to hold separate talks with state governments on the way forward.“We will explain the constraints and concerns to the state governments. They should consult industry bodies before making decisions,” says Riyaaz Amlani, CEO of Impresario Entertainment and Hospitality, which operates brands such as Social and Smokehouse Deli.Zorawar Kalra, managing director of Massive Restaurants, which runs brands such as Farzi Cafe and Made in Punjab, says he will “wait for the full set of opening protocols before reopening. I hope that the guidelines will be rational as the viability of the industry depends on it.”Willing to Follow ProtocolsMost restaurants told ET that they are prepared for all the required social distancing protocols, including placing screens between diners and leaving every alternate table empty once full-fledged services begin.Quick service restaurant chain Burger Singh, which shut down for just two days during the lockdown, says it will initiate temperature checks for employees, even as about 75% of its current business comes from takeaway orders.Besides putting in place social distancing measures, QSR chain InstaPizza says it will sanitise its outlets every 45 minutes.Alfresco dining (outdoor service) — banned in cities like Delhi — could be one way to create the required social distancing, industry veterans say. “This is what bars and restaurants are doing world over,” said Sukhija of First Fiddle.Nitin Saluja, the founder of tea cafe Chaayos which has close to 85 stores, says he expects to reopen on June 8. “We expect pent-up demand but gaining customer confidence is something we have to deal with.”

from Economic Times https://ift.tt/36YZsml
via IFTTT

Manufacturers giving incentives to dealers, distributors to push sales

Mumbai: Indian manufacturers are enhancing dealer and distributor incentives to push harder for sales after the Covid-19 pandemic deflated consumer demand.The revised incentives focus on infusing more liquidity into the system, rewarding higher sales performance and taking care of the dealer’s overhead expenses like buying sanitisers and safety equipment.Companies like JSW Cements, Indigo Paints, and JSW Paints are converting the incentives under their loyalty programmes into cash or credit notes. “In these changing times, we are trying to retire the old scheme,” said K Swaminathan, chief marketing officer, JSW Cements. “We had schemes like the foreign trips every year which we are trying to convert into cash to bring liquidity in their (dealers’) hands.” Jindal Stainless even arranged for extended credit for dealers to six months from three earlier after talks with finance partners like SBI.Jindal Steel and Power increased the extent of quantity discount – price benefit given per unit for large orders. “If there is a contract for more quantity, dealers can get more incentive on it and customers will get discount on the order,” said V R Sharma, managing director, JSPL. “We have started providing advance payments to dealers for covering their overheads which we usually did not do.”76127297Welspun said that to help retailers get a push, the textile maker was working on digital geo-targeting campaigns and omni-channel promotions to reach consumers in their respective catchment area by generating leads for them. "We are also helping our retailer partners with requisite discounts and margins," company spokesperson said.Pipes and fittings maker Finolex Industries too increased the quantity discount given to its network of over 18,000 dealers and sub-dealers. The company was paying the incremental discount to dealers who achieved their targets. Those who couldn’t meet targets were being paid a token amount as gratitude.JSW Paints has introduced the ‘star contractors programme,’ through which contractors can convert accumulated incentives and loyalty points into cash.

from Economic Times https://ift.tt/3drVNQo
via IFTTT

Covid-19 disruption creates market boom for IoT, connected tech

New Delhi: The disruption that Covid-19 has brought about will trigger a boom in the market for Internet of Things, or connected technologies, say industry executives and analysts. They add that companies such as Infosys, Tata Communications, ThoughtWorks, Citius Tech and Hero Electronics are betting on these opportunities. “IoT has always existed as an automation tool but this disruption will enhance adoption of IoT just like it did for collaborative virtual meeting platforms,” said Alok Bhardiya, head (IoT Business Unit), Tata Communications.First, there was a dip. “The cellular-based IoT market is expected to have a YoY decline of 4.4% by end of CY2020,” said Apalak Ghosh, industry manager for digital transformation at market research and analysis firm Frost & Sullivan. He, however, expects the market to start reviving from 2021 and post as much as 22% growth the following year.NEW USE CASESRestaurants may have to attest to food quality in real time, said Selvakumar Natesan, the lead IoT tech consultant at ThoughtWorks. That should create a market for portable food sample analysers that give instant reports.Automatic disinfectants as well as air quality and cleanliness indicators would be needed in hotels, gyms and movie halls. Municipalities may also start deploying smart meters. 76127130Technology could be leveraged for remote monitoring, preventing failure of critical equipment, and disease prediction and diagnosis, said Sridhar Turaga, CitiusTech’s senior vice president for data science. There will likely be higher demand for wearable health devices and air quality and blood oxygen monitors.“There is an expectation that a digital health passport will become mandatory for train and public transportation,” ThoughtWork’s Natesan said.INDUSTRIAL IoTAutomation will be crucial for scaling production up and down according to short term demand fluctuations and also for adaptive manufacturing — for instance when ventilators are manufactured at an automobile plant, said Ravi Aggarwal, vice-president, Automation Industry Association, which represents the likes of Siemens, Larsen & Toubro, Mitsubishi and Rockwell Automation.Infosys expects Covid-19 to lead to higher digitisation in manufacturing.

from Economic Times https://ift.tt/2Mgi1IX
via IFTTT

गाजियाबाद-दिल्ली बॉर्डर रहेगा सील, बाजार पहले की तरह खुलेंगे, वैशाली में सेक्टर स्कीम लागू

लॉकडाउन 5.0 में दिल्ली आने-जाने वाले लोगों और व्यापारियों को कोई राहत नहीं मिलेगी।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3dxnmYc

नौ माह के मासूम ने कोरोना से दिल्ली एम्स में दम तोड़ा, शव लावारिस छोड़ गए मां-बाप

कोरोना रिश्तों का भी इम्तिहान ले रहा है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2AoAIaI

अनलॉक-1 के लिए दिल्ली सरकार तैयार, रणनीति और कायदे-कानूनों की खुलासा आज

कोरोना वायरस के बढ़ते संक्रमण के बीच चार फेज के लॉकडाउन खोलने की प्रक्रिया सोमवार से शुरू हो रही है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3gPVlgS

Chinese factories are humming. But, who's buying?

By Enda Curran and Jinshan HongChina’s factories are starting to hum again, but executives are now worried that the rebound could falter on weak demand at home and abroad.Justin Yu, a sales manager at Zhejiang-based Pinghu Mijia Child Product Co. that makes toy scooters sold for American retailers, is among those seeing their order book improve from the depths of the coronavirus lockdown, but remain well below normal.“We are seeing more orders coming in this month as we get closer to our normal peak season,” Yu said. “But our orders are still 40-50% lower than last year.” The factory’s production capacity is running at about 70% to 80%, and Yu is making to order to avoid any build up in stock. 76116023The disconnect between China’s recovering production and still dormant demand had shown up in data revealing a rise in inventories, though the latest figures show that easing. The worry remains that sustained overproduction will lead China’s factories to keep cutting prices, compounding global deflationary headwinds and worsening trade tensions, before they eventually cut back on production and therefore jobs.“The supply normalization has already outpaced demand recovery,” said Yao Wei, China economist at Societe Generale SA. “In other words, the recovery so far is a deflationary recovery.”Purchasing manager index figures for May underlined the slow nature of the recovery, with the manufacturing outlook slipping back.Given the weak export outlook, manufacturers such as Fujian Strait Textile Technology Co. are switching their business models to target the home market. It used to sell 60% of its products to Europe and the U.S. before the coronavirus crisis wiped out those sales. Now, Dong Liu, the company’s vice president, is looking for opportunities at home.“Our company executives have started to visit the local market to make more potential clients know about us,” he said. “Since May 26, we have been producing 24 hours everyday at full capacity. All the inventory has already been sold and we’re rushing to make goods.”But the domestic strategy isn’t without its challenges. While China’s consumers are largely free to resume their regular lives as fresh virus cases slow to a trickle, they just aren’t spending like they used to.Retail sales slid 7.5% in April, more than the projected 6% drop. Restaurant and catering receipts slumped by 31.1% from a year earlier, after a 46.8% collapse in March.What Bloomberg’s Economists Say...“Although demand conditions are improving on the margin, they will still take a long time to recover to where they were before the virus crisis. Investment is picking up, domestic consumption improving and external demand is less bad than it was.”-- Chang Shu, Bloomberg EconomicsIn Zhenjiang, Jiangsu province, Melissa Shu, an export manager for an LED car lighting factory, said although orders are steadily improving, there’s no sense of urgency from her clients and the outlook remains uncertain.“We’re just making goods slowly,” Shu said. “We are worried about the coming months.”Some producers may be hoping for a real-life enactment of Say’s law, a part of economic theory which suggests that ultimately supply will create its own demand, as long as prices and wages are flexible.Another scenario is that industry self corrects, according to UBS Group AG’s Chief China Economist Wang Tao. She points to strong steel production during the depths of the coronavirus lockdown, even when demand was weak. Higher inventories means that even as demand recovers, steel production won’t show much of a pick up. And once producers know that orders are falling, they will adjust output.“I do not think supply will outstrip demand for long – once inventories build up, or producers know orders are falling, production will come down as well,” she said.That could pose other problems though, especially as unemployment rises. Premier Li Keqiang in a press conference on Thursday highlighted job creation as a critical priority for the government.The urgency to create jobs may mean there’s even less likelihood of a shake up of state owned companies in the heavy industrial sectors that have historically fueled excess production.The disconnect is already clear in data points that show, for example, stronger coal consumption by power plants and rising blast furnace operating rates by steel mills, while at the same time gauges for property and car sales are improving more slowly. That combination will drag on China’s growth over the coming months, according to economists at Citigroup Inc. 76116058The problem for China’s industrial sector -- due to its massive output -- is that it really needs both local and global demand to be strong. If both are weak, it’s clearly a dire outlook. But if local demand recovers and global demand doesn’t, there are still problems.“At the end of the day, China’s economy is driven by demand and right now there is no demand,” Viktor Shvets, head of Asian strategy at Macquarie Commodities and Global Markets, told Bloomberg Radio.A scenario where manufacturers capacity originally dedicated to the export market is retooled to produce for the home market instead would still lead to overproduction. Then the supply-demand mismatch would end up adding to deflationary pressures and a pose fresh headwinds to economic growth, according to Bo Zhuang, chief China economist at research firm TS Lombard.For now, China’s factory owners are hoping it won’t come to that.Grace Gao, an export manager at Shandong Pangu Industrial Co. that makes tools like hammers and axes -- around 60% of their goods go to Europe -- is seeing orders come in as her clients get up and running again. But even as things pick up, Gao remains hesitant to call a full recovery.“Our clients are facing unprecedented problems,” she said. “It’s still hard to estimate when we’ll get back on our feet.”

from Economic Times https://ift.tt/3ezs0oL
via IFTTT

Voda Idea, Esab India & pharma names among top buzzing stocks

NEW DELHI: Domestic equity indices moved in sync with developed markets like the US last week, disregarding rising numbers of Covid casualties at home and simmering tensions between the US and China.Bank, cement and realty stocks were in heavy demand while pharma names suffered due to profit booking. Investors have been keenly watching management commentaries with March quarter earnings to assess the future impact of Covid lockdown.“Pharma firms' commentaries have not been encouraging given the existing pricing pressure from the US and the fact that the domestic market does not offer the runway for increased growth visibility. Cement and auto sector CEOs, on the other hand, have given the impression of near-term better outlook on the back of pickup in pent-up demand,” said Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote.Below are 10 stocks that kept buzzing throughout the week:Esab India: The welding equipment maker was the top BSE500 gainer during the week as it announced a dividend of Rs 70 per share. The company said it would result in an outflow of Rs 107.75 crore. Shares of the firm spiked 25.95 per cent to Rs 1,371 during the four-day week. EID Parry, Dhanuka Agritech: Shares of the companies involved in making fertilisers jumped during the last week as investors anticipated an increase in demand for pesticides following locust attacks in western and north India. EID Parry was among the biggest gainers, up 22.71 per cent to Rs 195 while Dhanuka Agritech rose 16.35 per cent to Rs 576.Vodafone Idea: Shares of the telco featured among the top gainers for the second consecutive week as reports suggested that Google could purchase a 5 per cent stake in the company. However, Vodafone Idea denied any talks. Shares rose 16.93 per cent to Rs 6.56 during the week.Federal Bank: Amid the buying frenzy in bank sticks during the week, shares of Federal Bank gained 16.91 per cent to Rs 44.95. Dalal Street analysts said FII buying in banking counters have led to the recovery.Orient Cement: Cement stocks came back to favour as investors hoped for a recovery in demand as construction projects resumed across India. Orient Cement was the biggest gainer among them during the week advancing 15.38 per cent to Rs 47.Prestige Estate, Godrej Properties: Realty stocks were also in demand during the week as market participants hoped for a recovery in demand as well as start of work in under construction projects. Prestige Estate added 14.88 per cent to Rs 157.15 while Godrej Properties climbed 14.39 per cent to Rs 688.85.Torrent Pharma, Lupin: Partly profit booking and partly activity around Q4 earnings were responsible for a drop in share prices of these drugmakers. Lupin reported a 34.55 per cent rise in its consolidated net profit to Rs 389.63 crore and Torrent Pharma reported a consolidated net profit of Rs 314 crore for the March quarter. Shares of Torrent Pharma were the biggest BSE500 loser, down 8.39 per cent to Rs 2,365 while Lupin fell 4 per cent to Rs 870.

from Economic Times https://ift.tt/2XOi7Np
via IFTTT

भारत में कोविड-19 ने प्रति 10 लाख में से 33.2 लोगों को किया संक्रमित: आईसीएमआर

अध्ययन में पाया गया कि हमले की दर 50 से 69 वर्ष की आयु के बीच सबसे अधिक, 63.3 (प्रति 10 लाख) और 10 वर्ष से कम आयु वालों में सबसे कम 6.1 (प्रति 10 लाख) है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3dkoBdt

कल से इतना महंगा हो सकता है पेट्रोल-डीजल, जानिए आज कितना है दाम

मई में देश में पेट्रोल, डीजल की मांग में सुधार देखने को मिला है। लेकिन भारतीय तेल कंपनियों ने आज पेट्रोल-डीजल की कीमत में बदलाव नहीं किया है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2ZZk77Y

यूपी में कोरोना LIVE: बिजनौर में मिले पांच नए मरीज, प्रदेश में संक्रमितों की संख्या सात हजार के पार

उत्तर प्रदेश में कोरोना संक्रमित मरीजों की संख्या में लगातार इजाफा होता जा रहा है। यूपी में शुक्रवार तक कुल 201 मरीजों की मौत हो चुकी थी। 

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2ZRBU15

8,380 Coronavirus Cases In India In 24 hours, 1.82 lakh Total Cases, 5,164 Deaths

Coronavirus India: 8,380 coronavirus cases in India in 24 hours, 1.82 lakh total cases, 5,164 deaths

from NDTV News - Special https://ift.tt/2As8En2
via IFTTT

Tamil Nadu Allows Major Relaxations From Tomorrow, Curbs Stay In Chennai

The Tamil Nadu government today announced resumption of public transport and more employees at the workplace as it extended the ongoing lockdown till June 30. The development comes day after the...

from NDTV News - Special https://ift.tt/2XfTRVm
via IFTTT

"Would've Been Greeted With Vicious Dogs, Weapons": Trump On Protesters

US President Donald Trump on Saturday said demonstrators protesting the death of a black man who died after a white police officer knelt on his neck would have been "greeted with the most vicious...

from NDTV News - Special https://ift.tt/2MdbI8X
via IFTTT

"Goodness For Goodness": Shramik Passengers Offered Food In Bihar. Watch

A special train for labourers stranded due to nationwide restrictions stopped briefly in a village in Bihar recently and the train passengers were overwhelmed when a large number of locals came to...

from NDTV News - Special https://ift.tt/2Mrnpcx
via IFTTT

PM Modi Live Update : लॉकडाउन में पीएम मोदी आज तीसरी बार करेंगे देशवासियों से 'मन की बात'

देश में जारी कोरोना संकट के बीच प्रधानमंत्री नरेंद्र मोदी आज (रविवार) 31 मई को रेडियो कार्यक्रम मन की बात के जरिए देशवासियों को संबोधित करेंगे। लॉकडाउन के दौरान वह तीसरी बार जनता को इस कार्यक्रम के माध्यम से संबोधित करने जा रहे हैं।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/36KUHfJ

Indian railway update: आज से 4 माह पहले बुक कराएं ट्रेनों के टिकट, तत्काल कोटा भी शुरू

लॉकडाउन-4 के बाद करीब 230 ट्रेनों को चलाने के लिए रेलवे ने कमर कस ली है। इन ट्रेनों के अलावा पहले से चल रही 30 ट्रेनें भी चलेंगी।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2Amw64T

उत्तर प्रदेश में कई जगह आंधी-तूफान और बिजली का कहर, 23 लोगों की गई जान

पश्चिमी विक्षोभ के चलते प्रदेश में कई जगह मौसम शनिवार को और बिगड़ गया।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2TVJ7JD

Trump Says He Will Delay G7 Summit And Invite India, Russia Among Others

US President Donald Trump said Saturday he will delay the G7 summit scheduled to take place in June and invite other countries to join the meeting.

from NDTV News - Special https://ift.tt/2ZQfn4y
via IFTTT

USCIS to resume premium processing from June

MUMBAI: The United States Citizenship and Immigration Services (USCIS), the immigration arm of the US government has announced a phased opening of premium processing for various visa applications.On June 1, premium processing will be open for all eligible employment-based green card (I-140) applications. From June 8, requests for premium processing can be filed for H-1B applications that are pending adjudication and those that are cap-exempt (certain category of US employers such as higher educational institutions, are not subject to the annual H-1B quotas).Premium processing for H-1B cap subject applications will not begin until the last phase of the time-line which is expected to start on June 22. These dates may be subject to change, cautions USCIS.Employers sponsoring H-1B employees find premium processing useful, as USCIS is required to make a decision on an application within 15 days. Currently the fee is $ 1,440 per application, but speculation is that an increase will be announced shortly, especially as USCIS is strapped for funds.Premium processing also helps take care of the cap-gap situation for international students who post their optional training program are migrating to an H-1B. These students need to stop work on October 1, if their H-1B application is still pending.H-1B cap visas have an annual quota of 65,000 in the general category and 20,000 in the Masters category (for which beneficiaries holding US advanced degrees are eligible). As mentioned by TOI earlier, for the current filing season – which would enable selected beneficiaries to start work from October 1, USCIS received 2.75 lakh registrations, nearly 67.7% or 1.86 lakh were for those from India. The lottery or random selection process then helps USCIS select the applications to keep to the limited quota.Meanwhile, more than half of the immigration agency’s 18,700 employees may be furloughed beginning in July. To prevent this and to enable USCIS to carry out its operations, it has asked for a government funding of $ 1.2 billion.The American Federation of Government Employees (AFGE) points out that furloughs of this magnitude will undoubtedly cripple the USCIS’ ability to carry out its mission – work and visa applications, asylum and citizenship/naturalization applications, green cards, and refugee applications will not be processed. USCIS plays an extremely important role in facilitating lawful immigration, helping immigrants attain a legal status as permanent residents and if they meet all criteria, eventually becoming U.S. citizens, it adds.

from Economic Times https://ift.tt/3djOI4c
via IFTTT

अमेरिका: राष्ट्रपति ट्रंप टालने जा रहे जी-7 सम्मेलन, कहा- पहले भारत को आमंत्रित करूंगा

अमेरिका के राष्ट्रपति डोनाल्ड ट्रंप ने कहा है कि वह जी7 सम्मेलन को फिलहाल सितंबर तक टालने जा रहे हैं। इससे पहले वह भारत को बैठक के लिए आमंत्रित करना चाहते हैं।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2ZPPTo4

अनलॉक-1: 68 दिनों की बंदी के बाद कल से धीरे-धीरे खुलेगा देश का ताला, नियम तोड़ने पर होगी ये सजा

बढ़ते कोरोना संक्रमण के बीच देश को फिर से पटरी पर लाने के लिए केंद्र सरकार ने 68 दिनों की बंदी के बाद चरणबद्ध तरीके से बंदिशें हटाने का एलान कर दिया।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3eCncim

Covid live: US records 960 deaths in 24 hours

from Economic Times https://ift.tt/3exfvtY
via IFTTT

Trump calls for delay in Group of 7 meeting

Washington: President Donald Trump said Saturday he will postpone a meeting of Group of 7 nations until fall and called for an expansion of the group's membership because he considers it an outdated group that doesn't properly represent what's taking place in the world.The G7 members are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. Trump singled out Russia, Australia, South Korea and India as possible additions.The leaders of the world's major economies were slated to meet in the US this year, but the coronavirus outbreak has hobbled those plans.

from Economic Times https://ift.tt/3cjbVlR
via IFTTT

अब आईएमडी ने अरब सागर के ऊपर तूफान की चेतावनी जारी की, केरल नहीं पहुंचा मानसून

भारत के मौसम विभाग-आईएमडी ने अरब सागर के लिए दोहरे दबाव का अलर्ट जारी किया है। क्योंकि केरल के ऊपर मानसून की शुरुआत के लिए बंगाल की खाड़ी में अनुकूल परिस्थितियों के लिए उत्तरवर्ती तत्परता दिख रही है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3duBCRu

साल के अंत तक चीन में आ सकती है कोरोना की वैक्सीन, 2000 लोगों पर हो चुका परीक्षण

कोरोना वायरस को खत्म करने के लिए दुनियाभर के कई देशों में इसकी वैक्सीन तैयार की जा रही है। ऐसे में चीन की राज्य परिषद ने घोषणा की है कि साल के अंत तक कोविड-19 की वैक्सीन बाजार में आ सकती है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2ZYew25

डब्ल्यूएचओ के फंडिंग कटौती पर फिर से विचार करे अमेरिका, यूरोपीय संघ ने ट्रंप से की अपील

कोरोना महामारी से सबसे ज्यादा प्रभावित देश अमेरिका ने विश्व स्वास्थ्य संगठन(WHO) से सारे संबंधों को समाप्त कर दिया है। इन सभी संबंधो के टूटने के बाद से अमेरिका अब डब्ल्यूएचओ के फंडिंग को भी बंद कर देगा और इसका असर दुनिया के लगभग देशों पर पड़ेगा। 

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3gCNX8q

चीन ने बढ़ाई अपनी ताकत, पहले घरेलू विमान वाहक का शुरू किया परीक्षण

चीन ने अपने सबसे पहले घरेलू स्तर पर बने विमानवाहक (एयरक्राफ्ट कैरियर) 'शेंडोंग' का परीक्षण शुरू कर दिया है। चीनी सेना की तरफ से बताया गया है कि वो 'शेंडोंग' के उपकरणों और हथियारों का परीक्षण कर रही है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3gEB4uo

US Cop Who Kneeled On Black Man's Neck Charged With Third-Degree Murder

The policeman accused of killing unarmed African American George Lloyd in the US city of Minneapolis has been taken into custody, a state official announced Friday.

from NDTV News - Special https://ift.tt/3chnytn
via IFTTT

US ends relationship with WHO, blames it for Covid cover-up

US President Donald Trump on Friday said that America is terminating its relationship with the World Health Organization as he blamed it and China for the deaths and destruction caused by the COVID-19 pandemic across the globe. Stating that the funding of the WHO would now be diverted to other global public health organisations, Trump announced a series of decisions against China including issuing proclamation to deny entry to certain Chinese nationals and tightening of regulations against Chinese investments in America. Trump also announced that the US will end special treatment of Hong Kong in response to Chinese imposition of new controls. He said that the US will revise its travel advisory to warn of surveillance in Hong Kong. "The world needs answers from China," Trump said in his aggressive speech on a bright sunny day from the Rose Garden of the White House. The president, however, did not take any questions. For decades it has ripped off the US like no one has ever done before, he said, reiterating his charges against China. China not only stole intellectual property, took away billions of dollars from the US and offshored the jobs, but also violated its commitment under the World Trade Organization, he said, adding that it was able to get away with the theft, like no one before because of past politicians and past presidents. China, he alleged, has unlawfully claimed territories in the Indo-Pacific ocean, threatening freedom of navigation and international trade and broke its word to the world on ensuring the autonomy of Hong Kong. "The United States wants an open and constructive relationship with China, but achieving this relationship requires us to vigorously defend our national interest," he said. Trump alleged that the Chinese government has continually violated its promises to the US and many other nations. "These plain facts cannot be overlooked or swept aside," he said. Observing that the world is now suffering as a result of the malfeasance of the Chinese government, Trump reiterated that China's cover-up of the Wuhan virus allowed the disease to spread all over the world, instigating a global pandemic that has cost more than 100,000 American lives and over one million lives worldwide. "Chinese officials ignored their reporting obligations to the World Health Organization and pressured the World Health Organization to mislead the world when the virus was first discovered by Chinese authorities. Countless lives have been taken, and profound economic hardship has been inflicted all around the globe," he said. China, he said, has total control over the WHO despite only paying USD 40 million per year compared to what the US has been paying which is approximately USD 450 million a year. "We have detailed the reforms that it must make and engage with them directly, but they have refused to act. "Because they have failed to make the requested and greatly needed reforms, we will be today terminating our relationship with the World Health Organization and redirecting those funds to other worldwide and deserving urgent global public health needs," Trump said. The world needs answers from China on the virus, he said. "We must have transparency. Why is it that China shut off infected people from Wuhan to all other parts of China? It went nowhere else; it didn't go to Beijing, it went nowhere else, but they allowed them to freely travel throughout the world, including Europe and the United States. The death and destruction caused by this is incalculable," he said. "We must have answers not only for us but for the rest of the world. This pandemic has underscored the crucial importance of building up America's economic independence, reshoring our critical supply chains, and protecting America's scientific and technological advances. For years, the government of China has conducted illicit espionage to steal our industrial secrets of which there are many," Trump said. Trump said that later in the day, he will issue a proclamation to better secure America's vital university research and "to suspend the entry of certain foreign nationals from China who have been identified as potential security risks". Asserting that he is also taking action to protect the integrity of America's financial system, Trump said he is instructing his presidential working group on financial markets to study the differing practices of Chinese companies listed on the US financial markets with a goal of protecting American investors. "Investment firms should not be subjecting their clients to the hidden and undue risks associated with financing Chinese companies that do not play by the same rules. Americans are entitled to fairness and transparency," he said. Referring to the unilateral Chinese action control over Hong Kong security, Trump said that this was a plain violation of Beijing's treaty obligations with the UK in the declaration of 1984 and explicit provisions of Hong Kong's basic law which has 27 years to go. "China's latest incursion, along with other recent developments that degraded the territory's freedoms, makes clear that Hong Kong is no longer sufficiently autonomous to warrant the special treatment that we have afforded the territory since the handover," he said. "China has replaced its promised formula of one country, two systems with one country, one system; therefore, I am directing my administration to begin the process of eliminating policy exemptions that give Hong Kong different and special treatment," Trump added.

from Economic Times https://ift.tt/36HFM68
via IFTTT

India has surprised all, says PM in letter

New Delhi: Prime Minister Narendra Modi said India will set an example in economic revival before the world just like it has outperformed many developed countries in fighting the Covid-19 pandemic.“In the economic domain, through their strength, 130 crore Indians can not only surprise the world but also inspire it,” said Modi in a letter to the country on Friday, on the first anniversary of his second term in office.“While on one hand are powers with great economic resources and state-of-the-art healthcare systems, on the other hand, is our country besieged with problems amidst a vast population and limited resources. Many feared that India will become a problem for the world when coronavirus hits India. But today, through sheer confidence and resilience, you have transformed the way the world looks at us. You have proven that the collective strength and potential of Indians is unparalleled compared even to the powerful and prosperous countries of the world,” the PM wrote.Modi said there is also a debate on how the economies of various countries, including India’s, will recover. Need to Follow All Rules, Says Modi“However, given the way India has surprised the world with its unity and resolve in the fight against coronavirus, there is a firm belief that we will also set an example in economic revival,” Modi wrote.The PM acknowledged that some people have undergone “tremendous” suffering due to the crisis, but urged all to ensure these “inconveniences” don’t turn into a bigger disaster.“In a crisis of this magnitude, it can certainly not be claimed that no one suffered any inconvenience or discomfort. Our labourers, migrant workers, artisans and craftsmen in small-scale industries, hawkers and such fellow countrymen have undergone tremendous suffering. However, we have to take care to ensure that inconveniences that we are facing do not turn into disasters,” the PM said.Further, the PM asked all citizens to stand united in firm resolve. “We must always remember that the present and future of 130 crore people will never be dictated by an adversity. We will decide our present and our future.”As Lockdown 4.0 draws to a close in the next 48 hours, Modi underscored the importance of following all rules and guidelines. “We have displayed patience so far and we should continue to do so… We have to move forward based on our own abilities, in our own way… the recent Rs 20 lakh crore package given for Aatmanirbhar Bharat Abhiyan is a major step in this direction.”

from Economic Times https://ift.tt/2XFt6IQ
via IFTTT

US stocks end mostly up despite bad data

Wall Street stocks finished a volatile session mostly higher on Friday after newly announced US policies to punish China did not threaten a trade detente between Washington and Beijing. At the closing bell, the Dow Jones Industrial Average stood at 25,383.11, down 0.1 percent. The broad-based S&P 500 gained 0.5 percent to 3,044.31, while the tech-rich Nasdaq Composite Index jumped 1.3 percent to 9,489.87. Trading was choppy throughout the session, with major indices sinking into negative territory as a mid-afternoon White House speech by President Donald Trump began. Trump harshly criticized China's handling of the coronavirus, blaming the country for the deaths of 100,000 Americans, and announcing new actions including an end to funding for the World Health Organization. He also ordered probes of Chinese companies listed on American financial markets. But Trump made no mention of the "phase one" trade agreement with China that walked back earlier trade tariffs, nor did he threaten new levies on US imports from the country. "When (Trump) first started talking, he sounded pretty hawkish, there was an initial knee-jerk selloff," said Briefing.com analyst Patrick O'Hare. "When it became clear he wasn't saying anything about tariffs, there was a snapback rally." Many analysts expect Trump to continue to rail against China in the months ahead as he faces a challenging path to re-election in light of COVID-19 and the resulting economic slowdown. A US government survey showed a record 13.6 percent drop in personal consumption in April, while personal income jumped 10.5 percent due to the surge in government aid and unemployment payments under federal emergency spending measures. Meanwhile, consumer sentiment gained slightly from March, but remains at its lowest since December 2012, according to a University of Michigan survey. However, confidence in the economic outlook ahead dropped sharply. Federal Reserve Chair Jerome Powell said the central bank would roll outs its lending program for small businesses in the coming days as he reiterated the central bank's plan to continue to take a muscular approach to supporting the US economy. Among individual companies, Williams Sonoma surged 14.0 percent as it reported a surprise profit despite having all its stores shuttered for more than half the quarter, fueled by surging sales of cooking equipment with much of the US stuck at home under quarantine orders. Salesforce.com fell 3.4 percent following a disappointing forecast as the software giant reported a drop in first-quarter profits.

from Economic Times https://ift.tt/2zIquC5
via IFTTT

The pandemic isn’t India’s only curve to flatten

By Andy MukherjeeThe spread of the coronavirus in India is showing no sign of abatement. Unless it catches a lucky break, Asia’s No. 1 pandemic hotspot is still a month or more away from a peak in infections (currently above 165,000) despite a severe lockdown. Tricky as the situation is for the country’s patchy healthcare infrastructure, the disease won’t be India’s only curve to flatten. The squiggly line that joins the cost of money at different maturities — the yield curve — deserves just as much attention. It’s unhealthy in an economy headed for a recession that 10-year funds cost nearly 5.75%, almost 275 basis points more than the three-month treasury bill yield. The central bank is slashing short-term rates and flooding banks with liquidity, and yet the long-term cost of capital is refusing to head lower. In large developing economies deeply challenged by the virus, from Brazil to Indonesia, the yield curve, or the excess of longer-term bond yields over shorter-term bill rates, has steepened appreciably from a year ago. In the U.S., Europe and Japan, as well as in China, where the outbreak started, the difference has either remained at similar levels or gone down. Bond investors are more comfortable with fiscal expansion as a strategy to deal with the pandemic in countries that can issue large amounts of debt in their own currencies without facing exchange-rate instability or runaway inflation. 76102040The surge in India’s yield differentials has been both pronounced and problematic: Capital wasn’t cheap to begin with for corporate borrowers, and it’s getting more expensive. This comes just as migrant rural workers have been driven out of urban production centers because of shuttered factories, unpaid wages, and — in many cases — no food or shelter. Even if this labor is safely put back on, say, road construction, concessionaires might still go bankrupt before completing any projects. That’s because their annuity payments from the government are linked to falling short-term policy rates, whereas their long-term borrowing costs are both high and sticky. To face a downturn with a stubbornly elevated cost of borrowing is a recipe for a vicious cycle in which the economy produces and earns little, consumes less, and fetches meager taxes for the government. This limits avenues for purchasing faster growth with fiscal pump-priming. About 10% of real gross domestic product may be permanently lost, according to Crisil, an Indian affiliate of S&P Global Inc.Official data released Friday pegged GDP growth at 3.1% in the March quarter from a year prior, slowing sharply from 4.1% in the previous three months. Worse is yet to come. Getting stuck in a slow-growth, deflationary rut is a real possibility because capital was already expensive. Credit spreads, or what businesses have to pay over and above government bond yields, were wide even before the pandemic. Creditors’ trust in corporate borrowers — especially real-estate developers and shadow banks — was ebbing. Now, when 30%-plus of most credit portfolios are taking advantage of a six-month moratorium, nobody knows what delinquencies will be like when lenders finally get to demand repayment of the interest accumulating through the freeze.One thing is certain. The thriving consumer credit culture that was driving India in the absence of corporate investment before Covid-19 is on its last legs. Almost 360 million people who earn between $130 and $260 a month are staring at a 56% drop in April incomes from February, says research firm CreditVidya, which estimates this mass-market segment will be unlikely to fulfill its installment obligations beyond two months. India’s legacy corporate bad loan problem is far from resolved. According to Credit Suisse Group AG, accelerating ratings downgrades pose a refinancing risk for $33 billion in loans. Thanks to the lockdown, unsecured consumer credit is also toast. At the very least, Prime Minister Narendra Modi’s government will have to rescue state-owned banks. Credit Suisse estimates a recapitalization bill of $13 billion. Amid rising welfare expenditure, collapsing tax collections and fading hopes of privatization revenue, the falling debris of a broken financial system will hit India’s budget hard. Shutting down congested cities doesn’t defeat a contagion in the absence of aggressive testing. India’s untamed Covid graph demonstrates that. Unruly yields underscore the difficulty of convincing markets that the government will somehow limit the supply of new debt by using its fiscal firepower sparingly.The 6.5% of GDP in budgetary resources that Team Modi has committed to support the Covid-hit economy is heavily centered on credit guarantees. The deficit needle will move higher by just 0.8% of GDP, Nomura Research says. The pusillanimity is making investors nervous.New Delhi was less than sensitive to migrant workers’ precarious existence before launching its hasty lockdown in March. Now, when it comes to restarting the economy, the government is too fearful of a fragile currency, sovereign downgrades and capital outflows to spend boldly and pay for it by printing money. The strategy is simply not credible, and the yield curve shows that.

from Economic Times https://ift.tt/2MdVE6Q
via IFTTT

India paves way for Apple, others to increase domestic production by removing a clause

New Delhi: The government has dropped contentious clauses including the evaluation of plant and machinery to be brought from China and South Korea, which had been opposed by smartphone makers, paving the way for Apple and others like Samsung, Foxconn, Oppo, Vivo, and Flextronics to make a larger play in local production using the production-linked incentive (PLI) scheme. “The empowered committee of secretaries met on Friday and decided to remove the clause, which evaluated plant and machinery brought into India at 40% of its value, and has agreed to a few other changes so that manufacturing could shift to India in a big way,” an official aware of the discussions at the meeting told ET.ET had reported in its May 11 edition that Apple through its contract manufacturers Wistron and Foxconn could shift a significant portion of its manufacturing facility to India under the proposed PLI scheme. However, the iPhone manufacturer had raised concerns regarding certain clauses, including valuation of plant and machinery with the government. The government is also in discussions with a third Apple contract manufacturer, Pegatron, to relocate part of its manufacturing to India, the official said.76098499 “The irritants have been resolved,” the official added. Through the scheme, India is trying to attract American investment with pressure on US companies now to diversify manufacturing out of China under the ‘China plus one strategy’. Among the changes agreed to on Friday were to include the industry in discussions before making any changes to the PLI scheme once these companies have invested and started producing in the country.

from Economic Times https://ift.tt/36KMJmM
via IFTTT

Covid impact: Proposed furloughs at fund-hit USCIS may bite India tech companies

Pune: US visa applicants could be in for a long wait as the agency that administers the visa process is fast running out of funds. The pandemic and consequent lockdowns in many parts of the US has halved receipts from visa applications and petitions, impacting the US Citizenship and Immigration Services’ (USCIS) ability to function effectively. USCIS relies primarily on income from visa processing to run operations.More than half of the agency’s 18,700 employees may be furloughed beginning July, the USCIS is believed to have informally told staff, according to a letter sent by Everett Kelley, the national president of the American Federation of Government Employees, to the US Senate and Congress.USCIS told ET in an emailed response that without US Congressional intervention, it will “need to administratively furlough a portion of employees on approximately July 20. We continue to work with Congress to provide the necessary funding to avert this.”Immigration policy experts said the likely furloughs will extend processing times. The deadline to file select H-1B visa petitions is June 30, and if the agency is unable to process these on time, companies may not be able to send employees to the US before the October 1 start date of the visa. Over two-thirds of H-1B visa petitions submitted this year are by Indian nationals.“These furloughs will have a significant impact on visa applications as it will further delay adjudications. Processing times are already extensive, and this will further add to the problem,” said Nandini Nair, immigration partner at law firm Greenspoon Marder.

from Economic Times https://ift.tt/2ZPa1GX
via IFTTT

India paves way for Apple, others to increase domestic production by removing a clause

New Delhi: The government has dropped contentious clauses including the evaluation of plant and machinery to be brought from China and South Korea, which had been opposed by smartphone makers, paving the way for Apple and others like Samsung, Foxconn, Oppo, Vivo, and Flextronics to make a larger play in local production using the production-linked incentive (PLI) scheme. “The empowered committee of secretaries met on Friday and decided to remove the clause, which evaluated plant and machinery brought into India at 40% of its value, and has agreed to a few other changes so that manufacturing could shift to India in a big way,” an official aware of the discussions at the meeting told ET.ET had reported in its May 11 edition that Apple through its contract manufacturers Wistron and Foxconn could shift a significant portion of its manufacturing facility to India under the proposed PLI scheme. However, the iPhone manufacturer had raised concerns regarding certain clauses, including valuation of plant and machinery with the government. The government is also in discussions with a third Apple contract manufacturer, Pegatron, to relocate part of its manufacturing to India, the official said.76098499 “The irritants have been resolved,” the official added. Through the scheme, India is trying to attract American investment with pressure on US companies now to diversify manufacturing out of China under the ‘China plus one strategy’. Among the changes agreed to on Friday were to include the industry in discussions before making any changes to the PLI scheme once these companies have invested and started producing in the country.

from Economic Times https://ift.tt/36KMJmM
via IFTTT

टिड्डी दल से विमानों के उड़ान भरने, लैंड करने में परेशानी, डीजीसीए ने जारी किए निर्देश

उड्डयन नियामक डीजीसीए ने पायलटों को उड़ान भरते समय और उतरते समय अतिरिक्त सावधानी बरतने के निर्देश दिए हैं। साथ ही इसके लिए एक एडवाइजरी भी जारी की है, जिसमें टिड्डी दलों की जानकारी मिलने पर उनके समूह के बीच से उड़ान नहीं भरने का आदेश दिया गया है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2zIUgqm

Corona in world: दुनिया में संक्रमितों की संख्या 60 लाख के करीब, अमेरिका में फिर बढ़े मौत के आंकड़े

दुनिया भर में कोरोना के नए मरीजों की संख्या करीब एक सप्ताह से स्थिर रहने के बाद एक बार फिर एक दिन में एक लाख पार करते हुए अब 60 लाख के करीब पहुंच गई है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2B8bFce

Should Tomatoes Be Stored In The Fridge? Here's What Experts Say

The researchers have investigated the influence of two types of storage options (refrigerator and room temperature) on the flavours of ripe tomatoes.

from NDTV News - Special https://ift.tt/2XGkWjx
via IFTTT

OLED vs QLED vs LED: Which Type of TV Should You Buy?

There are three popular TV screen technologies right now, and each has its distinct advantages and disadvantages. Find out which is the best for you by reading on.

from NDTV News - Special https://ift.tt/3eB4p7r
via IFTTT

Lockdown may be confined to 13 cities; malls could open

New Delhi: The Centre is working on new guidelines that will remove lockdown restrictions from most parts of the country, barring 13 cities, from June 1. Hotels, malls and restaurants are also likely to get the go-ahead, officials told ET.Home minister Amit Shah, who spoke with chief ministers on Thursday, is believed to have met Prime Minister Narendra Modi and briefed him on his discussions ahead of drawing up a new set of guidelines. The national directives are likely to be issued on May 31 for next fortnight.Those familiar with the deliberations told ET that there is a possibility of the PM touching upon some of these issues regarding the next phase of the lockdown in his Mann Ki Baat on Sunday, though a final call is yet to be taken. “Discussions are also underway to see how to avoid the use of the term lockdown from now on,” an official said, adding that states will still retain the flexibility to tighten norms if they feel necessary. While more public transport with social distancing norms will begin, sources said, metro services may not be allowed to resume immediately.76101482Recovery Rate HighAnother big issue under discussion is to find a solution to allow movement of traffic between Delhi and the larger NCR which includes Gurgaon, Faridabad, Noida and Ghaziabad. “From a UP standpoint, there cannot be one rule for Lucknow and another for Noida. So, we have to find a way,” said a senior government official.Both UP and Haryana governments have sealed borders with Delhi due to rising number of cases in the capital. Maharashtra, Gujarat and Himachal Pradesh during their discussions with the home ministry, sources said, sought to extend the lockdown in some form until June 30. The Centre, on its part, is keen to proceed with specific restrictions for 13 cities which, according to the government, account for about 70% of the Covid-positive cases in the country. These include Delhi, Mumbai, Chennai, Ahmedabad, Thane, Pune, Hyderabad, Kolkata/Howrah, Indore, Jaipur, Jodhpur, Chengalpattu and Tiruvallur, according to officials. The opening up is based on the assessment that though cases have risen, the recovery rate has been high in India.“There is a strong view that while backend business has been opened, the front-end consumer-facing business has not...The front-end needs to be opened to complete the cycle,” the official said.The big leap in the current lockdown cycle, officials said, has been the effort to resume domestic flights. This has given confidence to other sectors, especially hospitality, to open up for business with proper social distancing norms.

from Economic Times https://ift.tt/2XHc515
via IFTTT

चीनियों के खिलाफ अपने आक्रामक तेवर जारी रखेगी भारतीय सेना, किसी भी दबाव में नहीं हटेगी पीछे

भारतीय सेना ने फैसला लिया है कि पूर्वी लद्दाख में पैंगोंग त्सो, गलवां घाटी, डेमचोक और दोलत बेग ओल्डी जैसे सभी क्षेत्रों में भारतीय सेना अपने आक्रामक तेवर को जारी रखेगी और चीनी सेना के किसी भी दबाव में पीछे नहीं हटेगी।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3ey9ehM

सोनू सूद ने केरल में फंसे 167 प्रवासियों को चार्टर्ड विमान से पहुंचाया ओडिशा

प्रवासियों के लिए मसीहा बने बॉलीवुड अभिनेता सोनू सूद शुक्रवार को केरल में फंसे 167 लोगों के लिए वरदान बन गए। उन्होंने एयर एशिया के चार्टर्ड विमान से इन लोगों को एयरलिफ्ट कर भुवनेश्वर के बीजू पटनायक अंतरराष्ट्रीय हवाई अड्डे पहुंचाया।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2Xd7swE

"Tremendous Suffering": In Letter To Nation, PM Modi Refers To Migrants

Prime Minister Narendra Modi, in a letter to the nation one year into his second term, said the nation took historic decisions and progressed rapidly in the last year but conceded that migrant...

from NDTV News - Special https://ift.tt/3dhLyOr
via IFTTT

Twinkle Had Her First "Maa Ke Haath Ka Khana." Courtesy, Dimple Kapadia

"It has only taken 46 years, a pandemic and an extended lockdown for my mother to make me my first meal-fried rice," wrote Twinkle

from NDTV News - Special https://ift.tt/2ZNp185
via IFTTT

Covid Live: Delhi case count now over 17,000

from Economic Times https://ift.tt/2ZMjq21
via IFTTT

Lockdown 5.0 : ऐसा हो सकता है लॉकडाउन 5.0, इन 11 शहरों में रहेगी कोरोना की सख्ती जारी

कोरोना संक्रमण से निपटने के लिए लागू लॉकडाउन में 31 मई के बाद सख्ती जारी रखी जाए या नहीं, इसका फैसला केंद्र सरकार की तरफ से राज्यों पर छोड़ने के आसार हैं।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3gBa2UR

अमेरिका और WHO के बीच आई दरार, क्या गरीब देशों पर पड़ेगा असर?

कोरोना महामारी से सबसे ज्यादा प्रभावित देश अमेरिका ने विश्व स्वास्थ्य संगठन (डब्ल्यूएचओ) से सारे संबंध तोड़ लिए हैं। ऐसे में अमेरिका से उसे मिलने वाला फंड अब पूरी तरह से रुक जाएगा।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3diXj79

चीन के मामले में क्यों अमेरिकी मध्यस्थता के खिलाफ खड़ा है भारत? रक्षा विशेषज्ञ ने बताया राज

भारत के बाद अब चीन ने भी अमेरिकी मध्यस्थता के पेशकश को ठुकरा दिया है। जहां तक भारत की बात है, तो वह नहीं चाहता कि इस मामले पर नरमी दिखा कर वह चीन के साथ मोर्चे पर खुद के कमजोर होने का संदेश दे।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2MajujQ

दिल्ली में एक सप्ताह में 5068 संक्रमित, फिर भी सरकार ने कहा चिंता की कोई बात नहीं

राजधानी में लगातार दूसरे दिन कोरोना संक्रमितों का आंकड़ा 1000 पार कर गया।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/2M9zFxR

48 घंटे में 9 डिग्री गिरा एनसीआर का पारा, आज भी बारिश के आसार

दिल्ली एनसीआर और हरियाणा, पंजाब सहित उत्तर भारत में बारिश से भीषण गर्मी से लोगों को काफी राहत मिली है।

from Latest And Breaking Hindi News Headlines, News In Hindi | अमर उजाला हिंदी न्यूज़ | - Amar Ujala https://ift.tt/3gDCVQ2

Iran Guards Warn US After Receiving Over 100 New Combat Vessels

Iran's Revolutionary Guards on Thursday warned the United States against its naval presence in the Gulf as they received 110 new combat vessels.

from NDTV News - Special https://ift.tt/3dcv6im
via IFTTT

Two of Modi's top virus panels want May 31 to be the last lockdown

New Delhi: Two government panels, tasked with managing medical emergency and availability of hospitals, isolation and quarantine facilities, have called for no further extension of the lockdown, the fourth edition of which is scheduled to end this weekend.These two panels have submitted an exit strategy for Covid lockdown 4.0, which recommends continuation and even scaling up of containment measures in the worst-hit areas while allowing other places to open up.Except keeping schools, colleges, movie halls and religious places closed, the panels have recommended lifting all other lockdown curbs, people in the know told ET. Allowing international travel has not been proposed.The final decision will be taken in the next few days.The home ministry had, in March, set up 11 empowered groups for planning and implementing Covid-19 response activities. The group on managing medical emergency is chaired by Niti Aayog member Vinod Paul, while the group on availability of hospitals, isolation and quarantine facilities, disease surveillance, testing and critical care is chaired by environment secretary CK Mishra.“It has been suggested that there should be no nationwide lockdown going forward. However, certain areas where the cases are going up need stringent containment plans as well as aggressive tracing and testing,” said a member of one of the groups. 76082715‘Time to Revive the Economy’“Except for schools, colleges, cinema halls and religious places — where social distancing cannot be maintained — we have recommended that the lockdown be lifted,” said the member of the empowered group cited earlier.Officials said while the growing Covid-19 numbers — which have almost doubled in the past 10 days — are a cause for concern, the groups have also been studying the impact of the pandemic on the economy.Another member of one of the groups said India’s lockdown was instituted at an earlier stage of the outbreak, compared with other countries. “Countries in the West delayed the lockdown and suffered greater human as well as economic losses. We, as a nation, have so far minimised mortality. However, it is time to make sure the economy is revived steadily and surely,” he added.On Thursday, the Cabinet secretary held a meeting with the secretaries of key government departments and heads of empowered groups, and also held a video conference with states where cases have risen exponentially including Maharashtra, Tamil Nadu, Gujarat, Delhi and Uttar Pradesh.The meeting was focussed on the issue of public health response to Covid-19, which has infected more than 150,000 people and claimed 4,531 lives till now.The Centre had allowed considerable relaxations when it announced a two-week extension of the lockdown earlier this month. In the days that followed, it also reopened the domestic aviation sector.

from Economic Times https://ift.tt/2XEnPkN
via IFTTT