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Lockdown, Day 58: Business (not) as usual

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India is gradually opening up its skies, with domestic air travel resuming on Monday. This, as India’s case count hit 1,12,359, a rise of over 5,600 cases- one of the highest single-day rises in recent weeks. Flyers, however, can forget about easy travel – with a slew of mandatory safety and social distancing measures being announced.While India finds ways to get back on its feet, Corporate India may take over a year to get back to business as usual, with a 25% dip in revenues.Track this space for latest updates… COUNT SO FARRajasthan reports 131 new cases, tally stands at 6146Telangana count reaches 1,661 with 27 new cases116 new cases reported in Karnataka, tally rises to 156859 new cases in MP’s Indore, district count reaches 277462 more cases in Uttarakhand, tally now 122Himachal Pradesh now has 126 casesOdisha reports 7th death, total cases 1103Assam reports 1 new case, tally at 189Andhra count now 2605, toll at 54Death toll in Delhi mounts to 194; highest single-day spike of 571 cases takes tally to 11,659WorldIndiaTallyTollTallyToll5,014,943328,462112,3593,435LIFE UNDER LOCKDOWNAAI issues SOP for domestic flights’ resumptionIntra-state bus services in AP partially resumed from today Ticket bookings to open at physical facilities from Friday, more trains to be announcedSwiggy starts home delivery of alcoholDelhi HC to take up urgent matters via video conferencing from FridaySale of lottery tickets resumes in Kerala after two monthsBUSINESS AND ECONOMYRupee settles 19 paise higher at 75.61 against US dollarHMSI to resume manufacturing operations from next week in phased mannerFitch says Telcos’ mobile growth weakens; remains robustJLR India, Nissan enhance online salesSkoda Auto Volkswagen resumes production at Aurangabad plantCorporate revenues drop over 25% during lockdown; normalcy may take over 1 year to return: SurveyGLOBAL ECONOMYIMF approves $396 million loan to Jordan to ease COVID-19 impactEasyJet to restart some flights in June with compulsory masksJapan April exports fall 21.9% year/year Gold drops 1% on stronger dollar, hopes of economic recoveryJPMorgan plans to hire a dozen research analysts for China brokerage AROUND THE WORLDGermany’s confirmed cases rise by 745 to 176,752China reports 33 new casesUS deaths rise by 1,561 in 24 hoursBrazil registers 888 deaths, record of nearly 20,000 new casesMexico registers record one-day death toll with 424 fatalitiesSouth Korea reports 12 new cases, total reaches 11,122Singapore’s health ministry confirms 448 new casesDEBATE THISIs India’s startup story over for good? Tell us Here      

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