PM Modi's appeal resonated with people, with Indians across the country standing at their doors and balconies, and lighting candles, diyas, torches and mobile flashlights for 9 minutes (Narendra Modi Instagram)
PM Modi's appeal resonated with people, with Indians across the country standing at their doors and balconies, and lighting candles, diyas, torches and mobile flashlights for 9 minutes (Narendra Modi Instagram)

Fighting coronavirus pandemic, India lights a lamp

  • There was also a massive response to Modi’s earlier call to clap, blow conch shells or ring bells for five minutes on 22 March to commend the efforts of those fighting the pandemic
  • The fall in India’s electricity demand at 9 pm on Sunday also resulted in a price crash for the particular time slot on the power exchange market

Raghuram Rajan, however, said that India cannot, at the same time, lose sight of its financial constraint. (Mint)
Raghuram Rajan, however, said that India cannot, at the same time, lose sight of its financial constraint. (Mint)

Rajan urges PM to prioritise spending on poor; cautions about rise in bad loans

  • Many economists have been urging the government to come out with a fiscal stimulus package to salvage economic growth rate and to save jobs
  • Raghuram Rajan also urged the government to take the support of people with proven expertise and capabilities to manage the situation

People wearing protective masks queue for food inside a sports complex turned into a shelter, during a 21-day nationwide lockdown to slow the spread of the coronavirus disease (Reuters)

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The aviation sector has been hit hard by the coronavirus pandemic
The aviation sector has been hit hard by the coronavirus pandemic

Govt may allow domestic, international flights in staggered manner from 15 April

  • 'However, if the lockdown is extended post 14 April, airlines will have to cancel the tickets booked for that time period,' a govt official noted
  • All major airlines except Air India are taking domestic bookings for dates post 14 April. Air India is taking bookings for dates post 30 April only

Photo: Reuters
Photo: PTI
A security guards supplies hand sanitizer to a customer wearing a protective mask as she stands in line to buy supplies from a supermarket during a lockdown imposed due to the coronavirus in Mumbai (Bloomberg)
A security guards supplies hand sanitizer to a customer wearing a protective mask as she stands in line to buy supplies from a supermarket during a lockdown imposed due to the coronavirus in Mumbai (Bloomberg)

Maharashtra Covid-19 tally jumps to 748 with 113 new cases, death toll at 45

  • Majority of the deceased did not have any international travel history, but they also suffered from pre-existing health conditions
  • There are 3,078 teams working across the state and surveillance of over 10 lakh population has been done

People watch the Sensex on a screen outside Bombay Stock Exchange (BSE) in Mumbai. (PTI)

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Moody's has assigned a negative outlook for the Indian banking sector due to disruptions arising from the coronavirus outbreak (AP)
Moody's has assigned a negative outlook for the Indian banking sector due to disruptions arising from the coronavirus outbreak (AP)

India reassures public sector banks of capital support: Report

  • In this financial year's budget announcement in February, it had not allocated any funds for capital infusion
  • Instead, the banks had been encouraged to tap capital markets for funds

Healthcare workers wheel the bodies of deceased people from the Wyckoff Heights Medical Center during the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City (Reuters)
Healthcare workers wheel the bodies of deceased people from the Wyckoff Heights Medical Center during the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City (Reuters)

With over 9,000 deaths, US enters 'hardest, saddest' week in coronavirus crisis

  • New York, the hardest-hit state, reported on Sunday that there were nearly 600 new deaths for a total of 4,159 deaths and 122,000 total cases
  • Total number of positive cases in US crosses 300,000-mark, according to Reuters tally

Photo: iStock
All existing employees of Air Deccan (permanent, temporary and contractual) are being put on sabbatical without pay with immediate effect.
Students wear masks amid coronavirus fears. (PTI)
Photo: Pradeep Gaur/Mint
Coronavirus cases in India rose above 3,350 today (Bloomberg)
The PPF scheme has a maturity of 15 years.
The PPF scheme has a maturity of 15 years.

PPF account: 5 recent rule changes you should know

  • The government has relaxed a few rules on PPF and other small savings schemes due to the lockdown
  • Non-deposit of mandated minimum deposit in PPF account for the year 2019-20 will not attract any penalty if payment is made till June 30

(Photo: PTI)
The logo for the Zoom Video Communications Inc. application is displayed on a smartphone screen  (Bloomberg)
Planning to study abroad is a long process (Representational image) (Hindustan Times)
Photo: PTI
Xiaomi has been among the pioneers in launching phones with high-megapixel image sensors (Reuters)
Xiaomi has been among the pioneers in launching phones with high-megapixel image sensors (Reuters)

Xiaomi reportedly working on 144MP camera smartphone

  • Previously, it was reported that Samsung is working on a 144MP sensor.
  • Xiaomi was also one of the first companies to launch a phone with a 48MP camera

Medics stand outside an isolation ward for COVID-19 patients at a hospital. (Photo: PTI)
Tamil Nadu Health Secretary Beela Rajesh speaks to media  (ANI)
They said several such links have been traced and disabled (Reuters)
They said several such links have been traced and disabled (Reuters)

Cyber frauds trying to trick people with fake 'PM Cares' links

  • Several fake links have been traced and disabled. Officials have asked people to use the authentic link
  • Officials said Maharashtra Cyber has registered 78 cases during the lockdown for online misinformation

The sell-off in March is mostly driven by quant funds, hedge funds, and risk parity funds.
The sell-off in March is mostly driven by quant funds, hedge funds, and risk parity funds.

FPIs pull out record 1.1 lakh crore in March amidst Covid-19 mayhem

  • The outflow of funds in March comes after six consecutive months of investment by FPIs since September 2019
  • This is also the highest withdrawal ever since the FPI data has been made available by the National Securities Depository Ltd

Photo: iStock
Hyderabad: Migrants workers wait in a queue for their turn to receive 12-kg rice or wheat flour and  ₹500 cash per person at a Telangana government relief center, (PTI)
US Microsoft founder, Co-Chairman of the Bill & Melinda Gates Foundation, Bill Gates
US Microsoft founder, Co-Chairman of the Bill & Melinda Gates Foundation, Bill Gates

Bill Gates to spend billions to produce 7 potential coronavirus vaccines

  • Gates last month stepped down from Microsoft's board of directors to dedicate more time to his philanthropic priorities
  • In an interview with host Trevor Noah on The Daily Show, he said the Bill and Melinda Gates Foundation is moving forward with building manufacturing capacity

Business leaders live by the calendar, attaching forecasts, projects and goals to a specific date or period of time Photo: iStockphoto
Business leaders live by the calendar, attaching forecasts, projects and goals to a specific date or period of time Photo: iStockphoto
wsj

CEOs grapple with the toughest calls of their careers

The global coronavirus pandemic is forcing corporate bosses to make critical decisions about their workers without knowing what might happen next

The China-originated bug, which crossed continents to make Italy its epicentre in Europe, wreaked havoc on its people (Reuters)
The China-originated bug, which crossed continents to make Italy its epicentre in Europe, wreaked havoc on its people (Reuters)

Italy donated equipment to China; now China wants Italy to buy it back

  • In an attempt to restore its humanitarian image following the crisis, China projected to the world that it would donate PPE to Italy
  • Later it was revealed, it was not a humanitarian gesture but a business- Beijing had actually sold, not donated, the PPE to Italy

Founder Radhakishan Damani holds 53.56% stake in D-Mart parent Avenue Supermarts.
Founder Radhakishan Damani holds 53.56% stake in D-Mart parent Avenue Supermarts.

Radhakishan Damani donates 100 crore to PM CARES Fund

  • Radhakishan Damani has made the contribution through his group company Bright Star Investments
  • Damani has also contributed 55 crore to various state relief funds

The retail giant has been working on a game called Crucible ever since 2014 (Bloomberg)
The retail giant has been working on a game called Crucible ever since 2014 (Bloomberg)

Amazon working on a new game streaming platform: Report

  • When it comes to cloud-based gaming, Amazon will have to compete with Microsoft and Google
  • Amazon may launch an early version of its cloud gaming platform sometime this year

From The Wall Street Journal
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Photo: PTI
In Dubai, mobility will be restricted and legal action taken against violators (REUTERS)
In Dubai, mobility will be restricted and legal action taken against violators (REUTERS)

Dubai imposes 2-week lockdown, to suspend metro and tram service

  • People can only leave their homes for essential purposes and just one family member is permitted to go out at any one time
  • Free bus transportation and a 50% discount on taxi rides will be offered during the lockdown

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