Domestic flight services resume in India after two months

After a gap of two months, domestic passenger flight operations resumed on Monday amid reluctance by various states to open up their airports in view of rising cases of the novel coronavirus.

Domestic flight services resume in India after two months

NEW DELHI: After a gap of two months, domestic passenger flight operations resumed on Monday amid reluctance by various states … Domestic flight services resume in India after two months Read More »

630 cancellations as domestic flights resume in India

630 cancellations as domestic flights resume in India. According to aviation industry sources, around 630 domestic flights of Monday were cancelled due to the Centre's Sunday night announcement that there would be no flights in West Bengal and Andhra Pradesh, and limited operations at major airports such as Mumbai, Chennai and Hyderabad.

Domestic flight services resume in India after 2 months amid 630 cancellations

India Business News: Domestic passenger flights resumed in India after a gap of two months. The Delhi airport saw its first departure at 4.45 am to Pune while Mumbai airpo

In pics: Domestic flights resume after two months of coronavirus lockdown

Domestic flights resume: Passengers would also need to declare that they are medically fit to travel. They can do so by downloading the Aarogya Setu app or filling a self-declaration form

80 Flights Cancelled on First Day Domestic Flights Resume in India After Two-Month Hiatus

New Delhi (Sputnik): India suspended domestic and international air travel starting 25 March as a containment measure to mitigate COVID-19. The federal government has...

Domestic flights resume in India despite record spike in new coronavirus cases

Domestic Air travel resumed across India on Monday, two months after the coronavirus lockdown announcement by the country's Prime Minister Narendra Modi. International flights could begin in June. With increasing number of coronavirus cases many Indian states were not willing to start the domestic flights but India's federal civil aviation minister Hardeep Puri said in a tweet this morning, "Today, we restart domestic flights. India's civil aviation is always on the forefront." Scheduled commercial passenger flights were suspended on March 25, when the Centre imposed a nationwide lockdown to prevent the spread of the novel coronavirus.

Domestic flights set to resume from today across India, excepting in Andhra, Bengal

Domestic flights set to resume from today across India, excepting in Andhra, Bengal: Domestic flight operations will resume across the country from Monday except in Andhra Pradesh and West Bengal after two months of suspension due to coronavirus-induced lockdown.. Get all latest entertainment & viral stories on english.lokmat.com

COVID-19: Domestic Flights Resume In India Except In Andhra Pradesh, West Bengal

Elderly, pregnant ladies and kids have been advised to avoid air travel for now.

Domestic flights resume in Delhi, over 80 cancellations leave flyers in a fix

In the departure area of Terminal 3, passengers lined up for check-in wearing masks and gloves and many even with face screens. Among those were people who were happy at the thought of being home by evening for Eid.

Domestic flights resume today, over 80 cancellations at Delhi airport, 20 in Bengaluru

India domestic flights resume: By 10 am, several took to Twitter to accuse national carrier Air India of either cancelling without any prior notice or goofing up departure schedules.

Covid-19 wrap | Domestic flights resume in India, cemeteries overflow in Yemen as virus deaths spike

Here are the latest developments in the coronavirus crisis.

Central set to resume flights

Central Mountain Air will resume commercial flights starting July 6.

Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source

(Reuters) - Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.

Aston Martin chief to leave, Mercedes-AMG CEO to replace him - source

Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of ...

Aston Martin CEO Being Replaced With Mercedes-AMG CEO

Having struggled over the past several months, the coronavirus pandemic has exacerbated problems for Aston ...

Mercedes-AMG CEO Tobias Moers to take over as Aston Martin Chief

Palmer and Germany's Daimler AG (DAIGn.DE), which owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines, also declined to comment

Mercedes-AMG boss to head up Aston Martin as Palmer is axed – report

A fresh report out of Europe claims Aston Martin CEO Andy Palmer will be replaced by Mercedes-AMG boss Tobias Moers in a management shake-up.

Sportscar brand Aston Martin could see AMG chief come in as CEO

Incumbent CEO Andy Palmer has had an indifferent run as CEO for some time

Aston Martin's chief to leave as a part of shake-up

GAYDON, England: Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias ...

Andy Palmer to quit as Aston Martin CEO after shares plunge

Will be replaced with Mercedes-AMG CEO Tobias Moers

CEO buys struggling New Zealand media company for $1

WELLINGTON, New Zealand — One of New Zealand’s largest media organizations will be sold for a single dollar to its chief executive, the owners announced Monday.

CEO buys struggling New Zealand media company for $1

The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists.

New Zealand's largest media company being sold for just $1 to its CEO

Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge

CEO buying struggling New Zealand media company for NZ$1

One of New Zealand's largest media organizations is being sold for a single dollar to its chief executive, the owners announced Monday.

CEO buys ailing New Zealand media giant Stuff Limited for one dollar

Boucher joined as a reporter in 1993 and has spent most of her career at the company

Stuff CEO buys company for $1

Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1. The chief executive was returning...

Stuff CEO buys company for $1

Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1.

CEO buys ailing New Zealand media giant for one dollar

Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1.00 (US$0.61), the group's Australian owners Nine Entertainment announced Monday.

CEO buys ailing New Zealand media giant for one dollar

Nine said that Stuff chief executive Sinead Boucher would take over the company, which operates New Zealand's most popular news website, stuff.co.nz, and titles such as Wellington's Dominion Post and the Christchurch Press.

New Zealand's media firm Stuff to be sold for a single dollar to its CEO

The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists

One of New Zealand's largest media organisations is being sold for just $1

The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists. Owned by Australia's Nine Entertainment, Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge.

Bayer says it makes progress in settlement talks over weedkiller

Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases. In April, Bayer's management regained shareholder support for its handling

Bayer says it makes progress in settlement talks over weedkiller

FRANKFURT (Reuters) - Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases.

Bayer says it makes progress in settlement talks over weedkiller

Bayer shares rose sharply on May 25, 2020, after reports it was close to a mass deal with American plaintiffs who claim that the company’s glyphosate-based Roundup weedkiller causes cancer

New Zealand to stage pro competition as virus restrictions ease

WELLINGTON: New Zealand will stage a team-based tennis tournament for local-based men's players from June 3, organisers said on Monday, an event ...

Tennis: New Zealand to stage pro competition as virus restrictions ease

WELLINGTON (Reuters) - New Zealand will stage a team-based tennis tournament for local-based men’s players from June 3, organisers said on Monday, an event marking the southern hemisphere’s first pro competition since the COVID-19 pandemic brought global sport to a halt.

Ghana close to easing virus restrictions

The country banned social gatherings on March 15.

Crashed PIA plane's pilot ignored 3 warnings to lower altitude: Report

The Airbus A-320 from Lahore to Karachi was 15 nautical miles from the Jinnah International Airport, flying at an altitude of 10,000 feet above the ground instead of 7,000 when the Air Traffic Control (ATC) issued its first warning to lower the plane's altitude, Geo News quoted an ATC report as saying.

Crashed Pakistan plane's pilot ignored 3 warnings to lower altitude: Report

Crashed Pakistan plane's pilot ignored three warnings from the air traffic controllers about the aircraft's altitude.Instead of lowering the altitude, the pilot responded by saying that he was satisfied

Crashed Pakistan plane’s pilot ignored 3 warnings to lower altitude: Report

The report said that the plane had enough fuel to fly for two hours and 34 minutes, while its total flying time was recorded at one hour and 33 minutes.

PIA crash: Crashed Pakistan plane's pilot ignored 3 warnings to lower altitude

The claim is being made based on an ATC report seen by Geo News

Crashed PIA plane's pilot ignored 3 warnings to lower altitude

The pilot of the Pakistan International Airlines (PIA)'s crashed plane ignored three warnings from the air traffic controllers about the aircraft's altitude and speed before the landing, saying he was satisfied and would handle the situation, according to a report on Monday. The national flag

Crashed Pak plane's pilot ignored 3 warnings to lower altitude: Report

Crashed Pak plane's pilot ignored 3 warnings to lower altitude: Report. Instead of lowering the altitude, the pilot responded by saying that he was satisfied. When only 10 nautical miles were left till the airport, the plane was at an altitude of 7,000 feet instead of 3,000 feet, it said. The ATC issued a second warning to the pilot to lower the plane's altitude. However, the pilot responded again by stating that he was satisfied and would handle the situation, saying he was ready for landing, the report said.

Govt’s wheat procurement surpasses last year’s level of 34.1 mn tonnes despite COVID hurdles

In a statement, the food ministry said the overall wheat procurement has touched 34.15 MT as on May 24 in the current marketing year, surpassing last year's figure of 34.13 MT.

Govt's wheat procurement surpasses last year's level of 34.1 million tonnes despite COVID-19 hurdles

Wheat procurement target has been set at 40.7MT for the 2020-21 marketing year. Although the wheat marketing year runs from April-March, the bulk of procurement is normally done in the first three months.

India’s wheat procurement surpasses last year’s level of 34.1 mn tonnes despite COVID hurdles | Economy News

New Delhi: The government’s wheat procurement so far in the 2020-21 marketing year has surpassed the last year’s 34.13 million … India’s wheat procurement surpasses last year’s level of 34.1 mn tonnes despite COVID hurdles | Economy News Read More »

Wheat procurement surpasses last year's level of 34.1 MT despite hurdles

Wheat procurement target has been set at 40.7 million tonnes (MT) for the 2020-21 marketing year

Wheat procurement surpasses last year’s target

:A spectacular 55 per cent increase in wheat procurement in Madhya Pradesh as compared to the previous rabi marketing season has helped government agencies to surpass the total procurement of 341.3 la

New emissions blow for VW as German court backs damages claims

KARLSRUHE, Germany (Reuters) - Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years after its emissions scandal erupted.

Investing in Spanish Nissan factory cheaper than closing it: Spanish official

(Reuters) - Nissan Motor (7201.T) would find it cheaper to invest in its Barcelona factory than to close it, a senior Spanish industry ministry official said on Monday, pegging the estimated cost of a shutdown at more than 1 billion euros ($1.1 billion).

EU’s top diplomat urges ‘more robust strategy’ toward China

European Union's top diplomat has called for the bloc to have a “more robust strategy” toward China amid signs that Asia is replacing the United States as the center of global power.

EU’s top diplomat urges ‘more robust strategy’ toward China

BERLIN (AP) — The European Union's top diplomat has called for the bloc to have a “more robust strategy” toward China amid signs that Asia is replacing the United States...

EU’s top diplomat urges ‘more robust strategy’ toward China

EU foreign affairs chief Josep Borrell told a gathering of German ambassadors on Monday that “analysts have long talked about the end of an American-led system and the arrival of an Asian century.”

Must start Rs 1,000 per month transfer now: Abhijit Banerjee and Esther Duflo

In a conversation with each other at online version of Jaipur Literature Fest on Sunday, Banerjee said that India could help in mass production of the Covid 19 vaccine, when it is developed, but cautioned that in the absence of one, India is set to see another lockdown since cases were only rising.

Transfer Rs 1,000 to each Indian per month: Abhijit Banerjee and Esther Duflo suggest Centre

Esther Duflo said India was already in a position to start universal basic income quickly as it had the Jan Dhan accounts-Aadhaar-mobile system in place.

India should immediately start cash transfers of 1,000 per person: Abhijit Banerjee and Esther Duflo

The cash transfer of Rs 1,000 per person each month is expected to make a big difference as it would help the common man to pay for all the emergency needs, Banerjee said

The changing face of the billionaire classes

Is Europe becoming more American in its wealth creation as the US becomes more European?

British Airways passengers complain about packed flights in Europe and passengers without masks as more airlines restart flights after lockdown 

Images emerged on Twitter of a packed BA flight with passengers appearing to be seated directly next to each other rather than the government-advised two metres apart.

Housing firm HDFC Ltd profit declines 10% to Rs 4,342 crore in Q4

The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19

HDFC Ltd Q4 profit declines 10 pc to Rs 4,342 cr 

Housing finance firm HDFC Ltd on Monday reported a 10 per cent decline in consolidated net profit to Rs 4,341.58 crore for the fourth quarter ended March 31. 

HDFC Q4 profit declines 10 per cent to Rs 4,342 crore

The board has proposed a dividend of Rs 21 per share of the face value of Rs 2 per unit, HDFC Ltd said in a regulatory filing.

Food prices go up in West Bengal due to Cyclone Amphan

The cyclone has hit supplies and prices of most vegetables have spurt by 20 to 30 percent and will soar further, vendors said.

Bhumi Pednekar On The Super Cyclone Amphan In West Bengal & Odisha: “I Really Hope Humanity Wakes Up”

Bollywood actress Bhumi Pednekar feels natural calamities such as the super cyclone Amphan are a warning for humanity to understand "what we have put our planet through"."I have been seeing videos

Cyclone Amphan: Protests continue, Bengal govt says power supply restored in 50% city areas

The Kolkata Municipal Corporation pinned the blame on Calcutta Electric Supply Corporation, which provides power to residents of Kolkata and Howrah, for not being able to restore power supply.

Here’s how COVID-19 has changed the rules of eating out

As restaurants fire up their cooking ranges and open their doors for takeaways, there is a mixed response from the people about ordering out

New rules of personal finance: How COVID has changed income, spending, saving, investing

In the new world, across segments, income has vanished, reduced or has settled at a new low. The risk to income means families have learned to cut back on spending. Saving and investing are in the background as activities that represent a forgotten luxury.

Flights Cancelled, No Refunds: Chaos At Airports As India Resumes Air Travel

Several passengers complained that they were not given any prior notice and were only informed of cancelled flights when their boarding pass was scanned.

Watch: Scenes from airports across India as domestic air travel is resumed after two months

With erratic social distancing practices and abrupt cancellations of flights, day one of resumption of domestic air travel has been somewhat chaotic so far.

Chaos at GMR Rajiv Gandhi International Airport as many domestic flights get cancelled

Almost 120 flights were supposed to land or take flight today but only 40 were operated.

In Pictures: Basking on the beach in bank holiday sunshine

Sun-seekers seized the opportunity to top up their tans.

In Pictures: Basking on the beach in bank holiday sunshine

Sun-seekers seized the opportunity to top up their tans.

In Pictures: Basking on the beach in bank holiday sunshine

Sun-seekers seized the opportunity to top up their tans.

HDFC Q4 results: Profit drops 22% YoY to Rs 2,233 crore; firm announces dividend of Rs 21 per share

Profit fell as dividend income received during the quarter was mere Rs 2 crore.

HDFC profit falls 22% to Rs 2,233 crore in March quarter

HDFC board announced a dividend of Rs 21 per share for FY20.

Airbus experts to arrive in Pakistan to probe PIA plane crash

Was it a technical fault, bird-hit or pilot error?

Team of French experts to probe PIA plane crash to arrive tomorrow

The team will conduc­t invest­igatio­n for 16 hours, take the black box and voice record­er with them to decode­

Airbus team to arrive in Karachi today to investigate plane crash

The European aerospace company will run an independent investigation into the plausible reasons for the crash

China demands US withdraw sanctions on tech suppliers

China demand Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights.

China demands U.S. withdraw sanctions on tech suppliers

China demand Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights.

Nigeria’s GDP rises by 1.87% in Q1 2020

Nike Popoola In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau of Statistics revealed in ‘Nigeria’s Gross ...

Nigeria’s economy expands 1.87% y/y in Q1

Expected recession could be worst in 40 years -World Bank.

Despite coronavirus outbreak, Nigeria’s economy grew by 1.87% in Q1

Nigeria’s Gross Domestic Product (GDP) grew by 1.87% on a year-on-year basis in the first quarter of 2020 despite many economic contractions around the world, a new by National Bureau of Statistics report has shown. The performance recorded represented a contraction of 0.23 per cent compared to Q1 2019 and a contraction of 0.68 per […]

Nigeria’s GDP expands by 1.87% amid global challenges

The non-oil sector contributed 90.50% to the nation’s GDP in the first quarter of 2020, less than the 90.78% in the first quarter of 2019

First flight takes off from Chennai airport as operations resume after two months

It left for Delhi at 6.35 a.m. with 116 passengers

In pics: First flight takes off from Nagpur, as operation resume after two months

Nagpur: After two months of suspension because of lockdown, airlines have resumed domestic passenger services in India, following the resumption order of Ministry of Civil Aviation. The first flight which left from Nagpur’s Dr. Babasaheb Ambedkar International Airport.

Chaos reigns at airports as domestic flights take off after 2-month gap

Tweaking of flight schedules led to cancellation of several flights

As India resumes domestic operations partially after two months of shutdown, 82 flights cancelled on Day 1

The Centre had only allowed limited flights of about one-third capacity of the summer schedule to operate between metro cities and other destinations.

Confusion reigns in Telangana airport as flights get cancelled

Only 40 of the 120 flights that were scheduled to land or take off from the GMR Rajiv Gandhi International Airport were operated.

Dawn Meats reopens plant supplying McDonalds burgers

Production resumes in Waterford after 10 weeks as fast food group starts phased reopening of outlets

Bayer reaches agreement in 125,000 US cancer lawsuits

Pharmaceutical giant reportedly does deal to end inherited costly legal battle

‘Project Birch’: Treasury draws up last resort bailout plan to rescue Britain’s largest companies

‘Project Birch’ could see Britain’s Treasury step in to support key British companies whose failure will “disproportionately harm the economy

Bharti Telecom to sell $1 bn stake in Airtel through block deal

Bharti Telecom to sell $1 bn stake in Airtel

 Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday.

Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

Violent fight filmed breaking out on plane after ‘one passenger touches another’

The scrap broke out on the Ural Airlines Airbus A320 which had social distancing in place after the plane had flown from the Black Sea resort Sochi to Russian capital Moscow

Tesco announces two big changes to Clubcard scheme - and it's good news

The supermarket is giving shoppers more time to retrospectively add Clubcard points to their accounts - while those who have already claimed them will have an extra year to use them up

Beijing draws the line with Hong Kong

The world can't afford to be indifferent to Chinese behavior that flouts international norms and ignores obligations that Beijing has accepted.

IAF’s 2nd LCA squadron ‘Flying Bullet’ to start operating from Wednesday at TN’s Sulur

Chief of Air Staff Air Chief Marshal RKS Bhadauria will operationalise the No 18 squadron 'Flying Bullets' of the Indian Air Force (IAF) on May 27 at Sulur near Coimbatore in Tamil Nadu.

AF’s second LCA squadron to spread wings from Sulur in T.N. on Wednesday

Air Chief Marshal RKS Bhadauria to operationalise the unit

IAF’s Second LCA Tejas Squadron To Be Raised At Sulur Air Base With FOC Configuration Aircraft

The Indian Air Force (IAF) will raise the second squadron of the indigenously developed and manufactured aircraft LCA Tejas at the Sulur Air Base in Tamil Nadu on Wednesday (27 May), Hindustan Times has reported.

First flight to leave Bengaluru in two months to Ranchi

The first flight to leave Bengaluru is set to be an Air Asia flight to Ranchi at 5.15 am while the first incoming flight would be an Indigo flight from Chennai at 7.35 am.

7 flights to take off from Ranchi today after 2 months

At least seven flights will ferry passengers from Birsa Munda Airport in Ranchi to New Delhi, Bangalore and Hyderabad on Monday after a lull of two months, officials from the Ranchi Airport said on Sunday. However, the schedule was likely to undergo changes as some states are not in favour of

Coronavirus lockdown: First flight arrives in Jaipur from Bengaluru

After the restart of domestic flight operations, the first aircraft arrived at the Jaipur airport from Bengaluru on Monday morning. The Air Asia flight with 23 passengers on board landed at 0830 hrs,

German business morale rebounds in May as corona restrictions are eased

The Ifo institute said its May survey showed that its business climate index rose to 79.5 from a downwardly revised 74.2 in April. A Reuters poll of economists had pointed to a reading of 78.3.

HDFC a better play than its peers: Sharekhan

'Q4 stable for the NBFC on asset quality front'

Pubs take legal action against FBD over Covid insurance

Over 1,000 pubs and bars are affected by a dispute about whether or not their insurance policies with FBD Insurance Plc cover the disruptive impact of Covid-19 on their businesses, the Commercial Court has been told.

Still A Lot of Value in Corporate Bond Market

Bonds Analysis by Brian Gilmartin covering: General Motors Company, iShares Nasdaq Biotechnology ETF, Crude Oil WTI Futures, SPDR® S&P Biotech ETF. Read Brian Gilmartin's latest article on Investing.c

Still A Lot Of Value In Corporate Bond Market

Readers can see that currently even AAA OAS are cheaper to Treasuries than at any point in the last 10 years. Ending late last week at +89 bps to Treasuries, ev

Vermilion Energy CEO Anthony Marino steps down, executive committee to take over role

Vermilion says it has created an executive committee to run the company instead of replacing Marino

Jefferies’ 22 highest conviction U.S. stock picks

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

Monday’s analyst upgrades and downgrades

Raymond James slashes target on CAE

Monday’s Insider Report: Executive chair invests over $4-million in REIT yielding over 9%

SmartCentres, SNC and Telus see insider buying

EasyJet faces huge class-action lawsuit over data breach

UK law firm PGMBM files class-action claim on behalf of affected EasyJet customers.

3 Travel and Tourism Stocks Poised for a Bull Run

The coronavirus pandemic has smashed the tourism industry, but these companies seem ready for a massive rally.

Fractional Shares: Why It’s in the News

Have $5? Then you could start building wealth today.

Lockdown Extensions Economically Disastrous, Create Another Medical Crisis: Anand Mahindra

Choices are not easy for policymakers, Anand Mahindra says, but a lockdown extension will not help.

Painting masks, meetings without notepads, welcome to new office after lockdown

With states allowing firms to open their offices to a limited number of staff, returning employees are finding that the office has changed. Many are mourning the loss of casual chats due to the social distancing rules

Six flights operating in Goa today, connecting Delhi, Bengaluru: Official

Goa airport tweeted that it received the first arrival flight from Bengaluru with 30 passengers on board and that another flight departed to Karnataka's capital with 84 passengers on board

Toot toot! Afterpay runs into index day

Beware the Afterpay train this week. 

Apollo's Ventia asks for $1.6b, five banks on board

Apollo Global Management and CIMIC Group's services contractor Ventia has lobbed a $1.6 billion litmus test into Australia's leveraged loans market. 

I took up archery during quarantine, and it’s the closest I get to zen

When my husband and I packed up our car and drove from Brooklyn to his father’s farmhouse in Feura Bush, a tiny hamlet outside of Albany, NY with a population of 1,500, we were thinking about the pure joy we’d feel just being able to walk around outside.

I took up archery during quarantine, and it's the closest I get to zen, Business Insider - Business Insider Singapore

Business Insider - The simple repetitive action of knocking the arrow, drawing the bowstring, and making the choice to let go lulls me into a sense of serenity.. Read more at businessinsider.sg

Duty-free shops suffer sharp drop in April sales amid virus outbreak

   South Korean duty-free stores saw their sales drop sharply below the 1 trillion-won ($804 million) mark in April, feeling the pinch of the fallout from the new coronavirus, industry data showed Tuesday. Combined sales of local duty-free shops shrank 9.2 percent on-month to 986.7 billion won last month, according to the data from the Korea Duty Free Shops Association. The number halved from January, the...

Doosan Group struggling to sell assets to tide over credit squeeze

Heavy machinery and power equipment-focused Doosan Group is seeking to ease its severe credit squeeze stemming from its flagship Doosan Heavy Industries & Construction Co. by coming up with a self-rescue plan that centers on sales of assets.  The country's 15th-largest conglomerate said late last month that it will push ahead with a plan to sell its shares and non-core assets in a bid to secure more than 3 ...

Tamil Nadu allows domestic flight operations, issues SOP for airports

Tamil Nadu, late on Sunday, gave nod for domestic flight operations in the State from today.Flights to Chennai, Coimbatore, Madurai and Trichy are to operate from today. However, incoming flights to b

Coronavirus Lockdown: Tamil Nadu clears air, notifies SOP for domestic air travel

Ending uncertainty over resumption of domestic flight services in Tamil Nadu from tomorrow, the state government late on Sunday said it has allowed flights to Chennai, Coimbatore, Madurai and

Top headlines: HDFC Q4 PBT down 27%, LG Polymers faces court heat

Business Standard brings to you the top headlines of the day.

Boost for zero-emission sources as global capital backs Indian solar power

The tumbling tariffs of solar power, however, have slashed the expectations of returns by investors from 14 per cent to 12 per cent

Globalisation can't be done away with Swadeshi slogans: Skanray Tech chief

In a Q&A, Vishwaprasad Alva, founder and managing director, Skanray Technologies, explains why trying to lure companies moving out of China to India could prove counterproductive

Govt asks RBI to remove sugar from negative list as virus hits consumption

Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears

COVID-19: 15 restaurants closed in Saudi city of Jeddah for flouting hygiene rules

Other food outlets warned; aim is to ensure safety of food and public health

Flash PMI Shows Japan On Course For Record Downturn In Second Quarter

Flash Japan PMI remained well below 50 in May, indicating a further sharp drop in output. Job losses intensified as firms face steep falls in sales. Export orde

Mortgage ILS COVID-19 Dislocation To Elevate Reinsurance Costs: A.M. Best

The current dislocation of the mortgage insurance-linked securities market due to the COVID-19 pandemic is likely to cause mortgage reinsurance rates to rise. A

Lithium Miners News For The Month Of May 2020

Lithium prices were slightly lower for the month, but look to have bottomed. Lithium market news - Higher demand boosts China's battery material output. Posco C

Weekly S&P 500 ChartStorm - Downgrades, Dividends, Buybacks

This week we take stock of the uneasy landscape with downgrades, delayed payments, and yet massive monetary easing. We also document a couple of key trends in d

Salary (CTC) calculation: Earning Rs 40,000 or Rs 30,000 as DA+Basic? You may get this extra amount

Salary (CTC) calculation: Under CTC model, if the monthly EPF wages of an employee is Rs 10,000, then he/she will get Rs 200 more directly from the employer as the share of the employer's contribution to EPF/EPS will be reduced and Rs 200 less will be deducted from his/her wages

Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy 

RBI’s relief measures round-three restates the intention to ease the functioning of the financial markets and easing the market risks brewing in the economy amidst the deteriorating economic outlook.

JEE Main, NEET 2020 admit card, exam timing details revealed by NTA

For NEET, NTA had earlier extended the last date to make corrections in applications. As per an IE report, HRD Ministry had also asked the NTA to double the number of test centres so that one can maintain the social distancing norms.

Income Tax Saving: How your spouse can help you save taxes

Your spouse not only helps you in meeting your social and personal obligations, but can also help you in saving income tax. Here is how.

India moves to ban Zoom over privacy concerns

Since the start of the coronavirus pandemic, Zoom has gained popularity around the world but the company has been under a microscope due to a number of security

Suzuki Motor resumes production at Gujarat plant

Suzuki Motor Gujarat manufactures cars on a contract basis for Maruti Suzuki India

Economic package is a mix of supply-side and demand-side measures: Dharmendra Pradhan

The oil industry is faced with an extraordinary situation. Our government’s view is to take a cautious and conscious approach of a balance in price, save it and use it for welfare, says Petroleum Minister

Lufthansa's US$9.8 billion bailout bogged down in talks with EU

Germany’s 9 billion-euro (US$9.8 billion) bailout of Deutsche Lufthansa AG is being slowed by discussions meant to ensure the rescue plan receives swift European Union approval once it’s finalized, people familiar with the matter said.

Aldi checkout worker pays for Hamilton customer’s shopping after her card was declined

AN ALDI checkout worker generously paid for a Hamilton customer’s shopping after her card was declined.  Store Assistant Julie at the Hamilton Aldi, Wellhall Wynd, came to the rescue when a shopper…

Dodge closes Caravan order books at the end of this month

FCA will close the order books on the long-serving Dodge Grand Caravan minivan at the end of the month, with production set to end shortly thereafter.

Four easy recipes that turn tins into healthy dinners for tots during lockdown

Cash-strapped parents are struggling to cook meals from all the cupboard items they stocked up on for lockdown

Euro zone bond yields steady; focus remains on recovery fund

LONDON — Euro zone bond yields were steady on Monday, as the market overlooked a paper from Austria, Sweden, Denmark and the Netherlands opposing the EU’s planned grants-based recovery fund and awaited the European Commission’s own release later this week.

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Coronavirus impact: IDFC First Bank's senior management to take 10% pay cut

The bank's chief executive officer (CEO) V Vaidyanathan is taking a 30 per cent cut, including fixed and allowances

BMTC introduces flat bus fare system in Bengaluru to replace daily passes; system aimed at minimising contact during travel

The BMTC's new flat fare system will minimise contact in buses during travel amid the coronavirus pandemic

35,000 who had been recieving Pandemic Unemployment Payment returned to work last week

Assistant Secretary General at the Department of Taoiseach Liz Canavan said that while 579,000 people remain on the €350 per-week payment introduced at the beginning of the outbreak, 35,900 returned to work in the last week.

New payment to support Kiwis through COVID

Hon Grant RobertsonMinister of Finance Hon Carmel SepuloniMinister for Social Development

New payment to support Kiwis through COVID - Government

The COVID-19 crisis has had a significant impact on the jobs and livelihoods of New Zealanders.

Deep Dive: Preventing Financial Crime Amid The COVID-19 Pandemic

This Deep Dive explores the methods bad actors are leveraging to scam bank customers and the methods FIs are using to stem the tide of fraud.

German activity picks up, can't escape official recession

FRANKFURT — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings as Germany faced a long journey toward full recovery from the coronavirus downturn. Revised official figures released separately Monday showed the economy has now recorded two straight …

EUR/GBP Price Analysis: Remains confined in a range near mid-0.8900s

The EUR/GBP cross continued with its struggle for a firm near-term direction and remained confined well within a one-week-old narrow trading band arou

USD/JPY: Downside potential is limited

The USD/JPY pair trades around 107.70, unable to attract investors after Japan announced it will lift the state of emergency in all the country, Valer

NZD/USD fluctuates in tight range near 0.6100

The NZD/USD capitalized on the upbeat market mood last week and gained more than 150 pips. In the absence of significant fundamental drivers at the st

EUR/CHF: SNB looking to contain Swiss franc action – CIBC

The SNB has managed to avoid EUR/CHF breaching 1.05, though it has traded at lows since the end of Q1, per CIBC Capital Markets. Dont’s miss: Diminish

GBP/USD: Near-term downside risks into mid-year – CIBC

This month, the cable has lost around 2.5%, and analysts at CIBC Capital Markets expect near-term headwinds to persist. Stay up to speed with Yohay El

Erosion of fiscal federalism in the times of Covid-19

As the Centre steamrolls policies on cash-strapped States, the fiscal demands the current pandemic have put extraordinary pressures on State finances

CERB payments hit $40B

A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.

Town hall back in business

The Township of Spallumcheen is back open for walk-in business.

COVID-19: Recovery Rate Rises To 51% In Madhya Pradesh

The state makes E-Pass mandatory for movement from Indore, Bhopal and Ujjain.

Madhya Pradesh: Indore to ramp up beds capacity as COVID-19 tally rises

German Startup Creates Ocean Platform to Generate Power from Waves, Wind, and Solar

A German startup has created a prototype of an impressive hybrid ocean platform that can harness power from wind, waves, and solar separately as well as all together.

British hi-fi brand Leak returns with its first product in 40 years

Please welcome the Stereo 30 to the integrated amplifier market

COVID-19 Income Relief Payment Announcement Welcomed

The Council of Trade Unions is welcoming today's announcement from the Minister of Finance to provide individualised targeted financial support for working people who have been made redundant by their employers as a direct result of COVID-19.

CLT Grants Go Where Increased Need Is

“Demand for services such as budgeting support, senior citizens groups, meals on wheels, crisis and long term counselling are seeing increased demand due to the effects of COVID-19. The social service organisations providing these services are but a few of the groups that have been bolstered by trust funding this grants round,” says Trust Chief Executive, Susan Finlay.

Algarve’s Monterosa Olive Oil wins two gold medals

Monterosa Extra Virgin Olive Oil, produced in the Algarve region of Moncarapacho, has won two gold medals and two silver medals at the New York International Olive Oil Competition

RoboForex Expands Crypto Offering, Adds ETH/BTC and LTC/BTC

RoboForex has expanded its cryptocurrency offering by increasing the number of crypto pairs available for trading to include ETH/BTC and LTC/BTC.

'South African companies that employ foreigners must not open'

South African opposition party The African Transformation Movement (ATM) says South Africa must impose a strict economic sector regime that will see certain ind...

Find out the impact COVID-19-induced lockdown has had on the tea industry

Lockdown extensions economically disastrous, create another medical crisis, says Anand Mahindra

COVID-19 impact: IDFC FIRST Bank's senior management takes pay cut

GST refund: CBIC clears Rs 11,052 crore claims

IATF: Car wash services may re-open under MECQ

According to Resolution 38 of the IATF, car wash services are now allowed to restart operations

NEW UPDATE: Payments awarded for Covid-19 Pandemic Unemployment Payment and Enhanced Illness Benefit

Welfare

LOUTH WEATHER: 'No end in sight' to great weather

Forecast

Brazil's Marfrig says 25 workers test positive for COVID-19 at beef plant

SAO PAULO, May 25 (Reuters) - Brazilian meatpacker Marfrig said 25 employees at its Várzea Grande unit, in Mato Grosso state, tested positive for the novel coronavirus, according to a statement sent to Reuters on Monday. The company said it removed the infected workers from the production line and those who had come in contact with them to avoid further contamination. They are in isolation, Marfrig said, adding the plant remains open.

4 flights with 448 passengers land in Imphal

Four flights with 448 passengers including two minors landed at Imphal airport on Monday, the first day of resumption of the domestic flights amid the increasing COVID-19 positive cases in Manipur. Four new positive cases were reported in the state in the last 24-hour taking the total number of COVID-19 cases to 36. 

COVID-19 hygiene kits distribution programme

Agricultural Technology Management Agency (ATMA), Mokokchung, under Agriculture department initiated the distribution programme of COVID-19 hygiene kits, launched by SDO (C), Sadar, Mokokchung, Thungchanbemo Tungoe on May 25 at DAO office Mokokchung. 

Bank holiday sunshine - and it’s set to continue, with forecasts of a warm, dry June

After today’s sunny bank holiday, a long warm, dry spell looks set to continue - with little rainfall expected for East Anglia during June.

Asia stocks rise as countries ease lockdown restriction, Hong Kong extends losses

Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law

Under strict rules, India resumes domestic flights after two months

West Bengal urged government to postpone resumption of passenger flights to Kolkata as it focuses on rescue work of Cyclone Amphan

Cleaning crews ready for reopening in post-pandemic US

Tables, chairs, counters, doors: reopened US businesses and restaurants will have to focus on thorough disinfecting if they want to lure customers, and cleaning companies are preparing for an explosion in demand.

Milan-based Milkman snags €25 million to expand and partner with Poste Italiane for special delivery service

Milkman, a Milan-based logistics and delivery platform, has raised €25 million in its third round of funding, with backing from Poste Italiane, P101 sgr, Italia500, Vertis and 360 Capital. The deal includes an agreement between Milkman and Poste to create a new premium service, MLK Deliveries, specifically for Poste customers. The Italian company focuses on […]

Eight hundred billion reasons to be careful: SA’s Covid-19 rescue package

The social relief and economic support plan presents a real test of government’s commitment to tackling corruption.

South African public-sector wage dispute moves to arbitration

JOHANNESBURG, May 25 (Reuters) - Early attempts to resolve a wage dispute between the South African government and public-sector trade unions have failed and the dispute will now move to arbitration, according to the bargaining chamber where such wage disputes are heard.

Germans appreciate Latvian food: Sandra's store and story

At the beginning of May, a special store opened its doors in Bavaria, Germany. It is the only shop in Germany that sells exclusively Latvian-produced groceries. The owner, Sandra Balcere, spoke to LSM.lv on May 24 about her business.