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Latest Articles in Lockdowns

Economy Likely Contracted 12% In Q1: Report

The economy had its worst contraction on record in FY21 at 7.3 per cent as the 2.5 months of unplanned lockdown announced by the centre with just a four-hour notice had crippled the economy in the first quarter with a massive 23.9 per cent contraction

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Passenger Vehicle Sales In India Dip 66 Pc In May As COVID Disruptions Take Toll: SIAM

Vehicle sales across categories witnessed a dip of 65 per cent to 4,42,013 units last month, as against 12,70,458 units in April this year.

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Toyota Reports Sales Of 707 Units In May As Lockdown, COVID Restrictions Hit Dispatches

More so for TKM, as even before the restrictions were announced in Karnataka, the company was well within its planned annual maintenance shutdown, thereby adding onto the number of non-production days

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Five Reasons Why Your Health Insurance Claims May Get Rejected

Below we discuss the possible reasons that a claim is rejected so that one can avoid it:

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Economy: Return Of Unknown

How adverse the impact of the deadly second wave of the pandemic on the economy would be is a key question before the experts

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Bajaj Auto Extends Free Service Period Of All Models Till July 31

The extension of the free service period is applicable on all two-wheelers and commercial vehicles

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Truck Rentals Drop By 5-7 % In Past Fortnight As Lockdowns Hit Production

The New Delhi-based think-tank further said that truck rentals could have fallen more had the arrival of summer fruits, vegetables, wheat and other crops in APMC mandis not gone up by 10-15 per cent.

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India's Smartphone Mkt Grew 18% In Q1, Segment Expected To Witness Slowdown In Q2: IDC

Smartphone shipment grew 18 per cent to 38 million units in the March 2021 quarter over the year-ago period, but declined by 14 per cent from the December 2020 quarter.

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Second Wave Restrictions: Crisil Says Multiplexes To Be On Losses; May Recover Only In FY23

Multiplexes are set to log operating losses for the second straight fiscal as localised lockdowns, night curfews and other restrictions to contain the resurgence of coronavirus infections will keep occupancies low for the next few months

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Pandemic Has Household Savings Jumping To 22.5% Of GDP: Report

The RBI data also show that gross financial savings fell to 13.2 per cent of GDP, while financial liabilities amounted to 4.8 per cent of GDP in the December quarter.

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HDFC Bank Deploys Mobile ATMs To Help People Transact Amid Lockdowns

Customers can conduct over 15 types of transactions using the Mobile ATM, which will be operational at each location for a specific period

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Industry Better Prepared To Deal With Lockdowns, Says ITC Chairman

The company's innovation team, which has rolled out new products after the pandemic, is working in the same way as it had done earlier, he added.

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Living In A Co-COVID World, One Year On

The new normal has seen education, work and entertainment to shift to largely online domains and some innovations in this regard are worthy and likely to stay.

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Maha: Streets, markets deserted as 1st weekend lockdown comes into force

The first weekend lockdown in the state began at 8 pm on Friday and it will continue till 7 am on Monday.

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Local Lockdowns: RBI Says No Need For Loan Moratoriums At Present

Das reiterated his comments made last week, expressing hope that the current rise in infections will not lead to an impact on economic growth, stating that factories are functional, vaccination is on and people are better prepared to deal with COVID-19 at present.

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