The fundamental difference between the different kinds of recovery is the time it takes for economic activity to normalize
The fundamental difference between the different kinds of recovery is the time it takes for economic activity to normalize

What will India's recovery be like? Three letters hold key

There is growing concern about India’s slowing economy, which has weakened further due to the covid-19 pandemic. Some experts worry recovery will be slow; others say normalization could be swift as curbs are lifted. Mint explains the different kinds of economic recovery

Jet Airways flights are seen parked at Chhatrapati Shivaji Maharaj International Airport, in Mumbai. (ANI)

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Oyo founder and CEO Ritesh Agarwal. (Bloomberg)
Booking of parcel and luggage shall be permitted in all these 230 trains
Booking of parcel and luggage shall be permitted in all these 230 trains

Railways restores tatkal, 4-month advance booking

  • Railway ministry said tatkal quota will be restored for 200 special and 30 Rajdhani-type trains. Tickets for these trains can be booked 120 days in advance
  • The changes shall be implemented with effect from 08:00 hrs of train booking date of 31 May 2020 onwards

Vodafone Idea’s losses during the October-December quarter stood at Rs6,453 crore.
Vodafone Idea’s losses during the October-December quarter stood at Rs6,453 crore.

Vodafone Idea may attract Google investment

  • Google contemplating buying 5% stake in Indian telecom operator
  • An investment in Vodafone Idea by Google is likely to pit the US internet group in a battle against Facebook for the world’s fastest-growing mobile market

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The most sticky savings deposit rate too is now vulnerable. Photo: iStock
The most sticky savings deposit rate too is now vulnerable. Photo: iStock

India's savers should brace for more pain in this round of rate cuts

  • One sign of this is the falling interest rate on deposits of the country’s largest bank, State Bank of India (SBI). The unprecedented surplus liquidity, rush to safety of deposits and the policy rate cuts so far has meant that SBI has axed its deposit rates twice in just a month now.

Sensex today finished about 600 points higher at 32,200
Representative image (Photo: Reuters)
The Supreme Court of India. (Photo: Mint)
The Supreme Court of India. (Photo: Mint)

SC orders free travel, food for migrant workers

  • Originating state will be responsible to provide food and water at stations and the Railways will take care during the journey
  • The top court also ordered making public complete information of these workers to all concerned authorities

The Indian economy, Asia's third-biggest, is reeling from lockdown measures to curb the coronavirus pandemic.
The Indian economy, Asia's third-biggest, is reeling from lockdown measures to curb the coronavirus pandemic.

Monsoon onset over Kerala likely to be on June 1: IMD

  • The IMD had earlier forecast the arrival of monsoon rains over Kerala on June 5, four days later than usual
  • The IMD said last month India is likely to get average monsoon rains this year, raising expectations of higher farm output

Mukesh Ambani outlined his plan to shareholders in July, saying the effort will involve the group’s unlisted businesses Reliance Retail Ltd. and Reliance Jio Infocomm Ltd. (Bloomberg)
Mukesh Ambani outlined his plan to shareholders in July, saying the effort will involve the group’s unlisted businesses Reliance Retail Ltd. and Reliance Jio Infocomm Ltd. (Bloomberg)

Abu Dhabi state fund in talks to invest $1 billion in Jio Platforms: Report

  • Jio Platforms, which houses music and movie apps as well a Reliance's telecoms venture Jio Infocomm, has secured a massive $10 billion from investors including Facebook Inc within a month.

India had received FDI of $44.36 billion during April-March 2018-19. (Photo: Reuters)
India had received FDI of $44.36 billion during April-March 2018-19. (Photo: Reuters)

FDI in India jumps 13% to record $49.98 billion in 2019-20

Singapore emerged as the largest source of FDI in India during the last fiscal with $14.67 billion investments, followed by Mauritius ($8.24 billion), the Netherlands ($6.5 billion), the US ($4.22 billion)

RBI did not specify why the bonds were being stopped. Photo: iStock
A TikTok logo is displayed on a smartphone. (REUTERS)
A TikTok logo is displayed on a smartphone. (REUTERS)

TikTok owner ByteDance moves to shift power out of China: Report

  • The strategy is aimed not only at TikTok, which is not available in China, but all of ByteDance's non-China focused businesses, the sources said
  • Such businesses also include units in India like social networking app Helo

The death count in India has nearly doubled in the last sixteen days. AFP (MINT_PRINT)
Bankers expect asset quality to deteriorate once the moratorium ends. (Photo: Mint)
The decision by Secretary of State Mike Pompeo on Wednesday was sparked by growing fears that Beijing is prematurely stamping out freedoms
The decision by Secretary of State Mike Pompeo on Wednesday was sparked by growing fears that Beijing is prematurely stamping out freedoms

Hong Kong loses US 'special status' — what next?

The revocation of special status could radically rearrange the fortunes of a city that has served for decades as China's economic gateway to the world

A man carries an air-cooler on his head as he walks on a footpath amid rising temperatures in New Delhi
Army jawans patrol as militants attack a police party in Pulwama region of South Kashmir, in Srinagar on Thursday. (ANI Photo)
Army jawans patrol as militants attack a police party in Pulwama region of South Kashmir, in Srinagar on Thursday. (ANI Photo)

Pulwama-like terrorist attack averted in Kashmir

  • The explosive was kept in a blue drum inside the car
  • The explosive laden car was said to be placed at a strategic location to target a security forces convoy or a defence installation

If the negotiations are successful, the world’s most valuable company will get a slice of Jio Platforms. (Mint)
If the negotiations are successful, the world’s most valuable company will get a slice of Jio Platforms. (Mint)

Now, Microsoft looks to grab a $2 billion stake in RIL’s Jio Platforms

  • Microsoft may buy more than a 2.5% stake in Jio Platforms, which houses all of RIL’s digital and telecom initiatives
  • Foreign investors are making a beeline for Jio Platforms as they seek to tap India’s fast-growing digital market

Since the resumption of domestic flights, five passengers of three different airlines have tested positive for COVID-19 (REUTERS)
Since the resumption of domestic flights, five passengers of three different airlines have tested positive for COVID-19 (REUTERS)

IndiGo passenger on Bengaluru-Madurai flight, tests positive for coronavirus

  • Domestic passenger flights resumed in India from Monday
  • On Tuesday, IndiGo had said that a passenger who travelled on flight 6E 381 from Chennai to Coimbatore on Monday evening tested positive for the disease

ISA has been an important part of India’s messaging in the global fight against climate change. Photo: Bloomberg
ISA has been an important part of India’s messaging in the global fight against climate change. Photo: Bloomberg

India' answer to China' OBOR, One Sun One World One Grid

  • The global grid plan may also leverage the International Solar Alliance co-founded by India that has 67 countries as members. It has become India’s calling card on climate change and is increasingly being viewed as a foreign policy tool

Moderna last week said its coronavirus vaccine candidate produced protective antibodies in a small group of healthy volunteers. (AP)
BevQ is an app for the virtual queue system which was introduced by the state government to control the crowds. (ANI Photo)
BevQ is an app for the virtual queue system which was introduced by the state government to control the crowds. (ANI Photo)

Kerala liquor shops, bars opened for delivery. How to book slots on 'Bev Q' app

  • Over two lakh people downloaded and registered in BevQ, an Andriod application within hours after it went live on Google play store
  • Bars are also allowed to sell the liquor as a parcel through the counters following the same system

The interest rate on RBI bonds is calculated annually but is payable on a half-yearly basis. Photo: Mint
File Photo: Shop owner uses a calculator for billing while selling liquor to people, during the ongoing COVID-19 nationwide lockdown (PTI)
File Photo: Shop owner uses a calculator for billing while selling liquor to people, during the ongoing COVID-19 nationwide lockdown (PTI)

Kerala's liqour app BevQ gets over 1 lakh downloads in hours, some users unhappy

  • Since the app is still new, it is expected to go through a few updates and revisions to iron out the issues
  • BevQ is a virtual queue application and token generator service provided by Kerala state beverages corporation

The BJP leader has shown symptoms of COVID-19.
A lab technician holds a vile of a COVID-19 vaccine candidate during testing (AP)
Similar to the 55-inch counterpart, the 43-inch Nokia TV is expected to run on Android 9.0 operating system
Rupee fell to 75.90 at day's low against US dollar
Wright’s novel is uncannily prescient about the covid-19 pandemic. (Getty Images)
Haryana government will impose a fine of  ₹500 if anyone spits in public (PTI)
Second generation Apple iPhone SE
Second generation Apple iPhone SE

Apple iPhone SE review: Dependability over specs

  • A size comparison with nearly any phone today will make the iPhone SE seem smaller, but that’s only because we’re used to big phones
  • The hardware inside allows the company to enable software features like Smart HDR and portrait lighting, which enhances this SE’s camera as compared to the older one

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