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According to Praveen Khandelwal, secretary-general of the Confederation of All India Traders, businesses stand to lose Rs 600 crore per day because of the closure. Malls in Delhi were already shut from mid-April and saw dwindling traffic even during those weeks when the shopping centres were open.
States should rethink the utility of mini-lockdowns, assess economic disruption, says PM ModiHe also called on the chief ministers of Maharashtra, UP, Punjab, Delhi, Andhra Pradesh, Tamil Nadu and Karnataka to make special efforts to control the spread of Covid-19 in the 60 worst-affected districts of the country.
f… Read MoreTech Mahindra sells Altiostar stake to Rakuten for $45 mnIndia's fifth-largest IT services provider, Tech Mahindra, has sold its entire stake in US-based Altiostar Networks to Rakuten for $45 million, making the Japanese company a majority shareholder in the virtualised radio acces… Read MoreSouthwest monsoon to begin retreat from next week after late stayRainfall in the vital June-September period has been 8% above normal although it has been deficient and excessive in alternate months — deficient by 9.7% in July and 31% in excess in August. Rainfall in June was 17.6% above n… Read More12 factors driving Indian Americans towards Donald Trump: SurveyIndian Americans, particularly in the battleground states, are coming out in support of President Donald Trump in large numbers due to a combination of 12 factors, prominent among which is his friendship with Prime Minister N… Read MoreView: The real scale of Modi's farm bet, a move that carries significant political riskTo gauge the scale of what’s being done, picture the depth of the stasis: 119 million cultivators and 144 million farmhands — taken together, 10 times Australia’s population — yoked to a marketplace designed to be anti-compet… Read More
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