#Coronavirus: After months of restrictions, the #English celebrated a new chapter, with several pubs & restaurants opening up, after months. But is this the end of #lockdowns, or has it now become a way of life?
https://www.moneycontrol.com/news/world/britain-rejoices-and-asks-are-lockdowns-finally-finished-6764201.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/world/britain-rejoices-and-asks-are-lockdowns-finally-finished-6764201.html?utm_source=telegram&utm_medium=social
Moneycontrol
Britain Rejoices And Asks: Are Lockdowns Finally Finished?
After months of coronavirus restrictions that encroached, the English celebrated a hopeful new chapter, many of them in what seemed the most fitting way possible: with a pint at a pub.
#MCWeekendReads: Should regulators limit themselves to the broader decisions around #lockdowns & #curfews, or also get into the nitty-gritties of what are the #essential and non-essential items during a pandemic? Subir Roy weighs the pros and cons.
https://www.moneycontrol.com/news/trends/features-2/new-must-haves-in-the-age-of-covid-19-6780901.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/trends/features-2/new-must-haves-in-the-age-of-covid-19-6780901.html?utm_source=telegram&utm_medium=social
Moneycontrol
New ‘must Haves’ In The Age Of COVID-19
Regulation has to keep pace with social practice. Case in point: Smartphones have become an essential item in many Indian homes where children attend online classes.
#MCProPanorama: The strict #lockdowns mean businesses are starting to feel the pinch. As migrant workers crisscross, the question that remains, is it time for the govt to deliver a second fiscal lifeline? Ravi Krishnan finds out ⤵️
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-does-india-need-a-second-fiscal-stimulus-6802321.html?utm_source=telegram&utm_medium=social
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Moneycontrol
Moneycontrol Pro Panorama | Does India Need A Second Fiscal Stimulus?
In today's edition: the second wave’s impact on the economy, a blueprint for vaccination success, a hidden gem in the cement sector, China’s impact on gold prices and more
The RBI may have to announce yet another round of loan moratorium scheme for borrowers if the #lockdowns announced prolongs beyond the immediate future. We report on the scenario on ground
https://www.moneycontrol.com/news/business/will-covid-second-wave-force-rbi-to-announce-loan-moratorium-again-6802071.html?utm_source=telegram&utm_medium=social
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Moneycontrol
Will COVID Second Wave Force RBI To Announce Loan Moratorium Again?
Bankers are silently watching how states are reacting, but there is no panic seen as in last time. Some bankers are of the view that any big impact on asset quality is unlikely for big banks as they have already addressed much of the corporate bad loans.
#MCProPanorama: Domestic equities seem to be on firmer ground, with the reduction in daily new cases and prospects of easing of #lockdowns making #investors more confident of a #business recovery, writes Ravi Ananthanarayanan ⤵️
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-looking-past-the-second-wave-6942801.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/opinion/moneycontrol-pro-panorama-looking-past-the-second-wave-6942801.html?utm_source=telegram&utm_medium=social
Moneycontrol
Moneycontrol Pro Panorama | Looking Past the Second Wave
In today’s edition of Moneycontrol Pro Panorama: The West and its PMIs, farm sector plays ball, the challenge facing VIP Industries, growing clout of cryptos, grim future for oil producers and much more
Given the impact of #Covid 2nd wave #lockdowns on industries & small businesses, both the RBI & the govt will have to think beyond tweaking ECLGS schemes. Dinesh Unnikrishnan tells us why in this week's #BankingCentral column.
https://www.moneycontrol.com/news/business/banking-central-how-helpful-is-the-tweaked-eclgs-scheme-for-covid-hit-borrowers-6964241.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/banking-central-how-helpful-is-the-tweaked-eclgs-scheme-for-covid-hit-borrowers-6964241.html?utm_source=telegram&utm_medium=social
Moneycontrol
Banking Central: How Helpful Is The Tweaked ECLGS Scheme For COVID Hit Borrowers?
Considering the impact of Covid second wave lockdowns on the industries, especially small businesses, both the RBI and government will have to think beyond merely tweaking of ECLGS schemes.
While home delivery is the only means to serve consumers during #lockdowns, restaurants take a hit on margins due to the high commission payout to food aggregators, finds Devika Singh
https://www.moneycontrol.com/news/business/companies/consumer-demand-for-dine-in-services-may-not-recover-until-second-half-of-fy22-care-ratings-7023101.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/companies/consumer-demand-for-dine-in-services-may-not-recover-until-second-half-of-fy22-care-ratings-7023101.html?utm_source=telegram&utm_medium=social
Moneycontrol
Consumer Demand For Dine-in Services May Not Recover Until Second Half Of FY22: Care Ratings
The overall market size of the food services industry is expected to have declined by 40-50 percent in FY21 due to the global outbreak of COVID-19 and subsequent imposition of restrictions in the country.
#MCPersonalFinance: Covid's #SecondWave & #lockdowns have meant further pay cuts or even job losses for many. Both situations require different approaches to #money matters. Here's help.
https://www.moneycontrol.com/news/business/personal-finance/facing-a-pay-cut-or-a-job-loss-heres-how-you-must-deal-with-money-matters-7116521.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/personal-finance/facing-a-pay-cut-or-a-job-loss-heres-how-you-must-deal-with-money-matters-7116521.html?utm_source=telegram&utm_medium=social
Moneycontrol
Facing A Pay Cut Or Job Loss? Here’s How You Must Deal With Money Matters
For those who lost their jobs, closing any recurring or fixed deposit that is not earmarked for any specific goal would help shore up emergency capital
#Covid19Updates: The #DeltaVariant of the #coronavrius continues to spread across the globe, forcing countries to impose nationwide as well as local lockdowns. Take a look at the countries which have imposed #lockdowns here 👇
https://www.moneycontrol.com/news/world/covid-19-a-list-of-countries-that-have-extended-lockdown-to-stamp-out-delta-surge-7373781.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/world/covid-19-a-list-of-countries-that-have-extended-lockdown-to-stamp-out-delta-surge-7373781.html?utm_source=telegram&utm_medium=social
Moneycontrol
COVID-19 | A List Of Countries That Have Extended Lockdown To Stamp Out Delta Surge
New Zealand on August 23 extended the nation-wide COVID-19 lockdown, with Prime Minister Jacinda Ardern saying a Delta variant outbreak was yet to peak
#COVIDImpact | Localised #lockdowns during the #secondwave of #COVID19 helps #construction activity to grow by 68.3% y-o-y. Read
https://www.moneycontrol.com/news/business/real-estate/q1-gdp-localised-lockdowns-during-the-second-wave-of-covid-19-helps-construction-activity-to-grow-by-68-3-y-o-y-7412571.html
https://www.moneycontrol.com/news/business/real-estate/q1-gdp-localised-lockdowns-during-the-second-wave-of-covid-19-helps-construction-activity-to-grow-by-68-3-y-o-y-7412571.html
Moneycontrol
Q1 GDP: Localised Lockdowns During The Second Wave Of COVID-19 Helps Construction Activity To Grow By 68.3% Y-o-y
Financial, real estate and professional services sector manages to achieve 98.5% of pre-pandemic level (April-June quarter of FY2019-2020) in terms of gross value addition
Oil prices fell $1, with the demand outlook pressured by #coronavirus #lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
Read more 👇
https://www.moneycontrol.com/news/business/economy/oil-drops-pressured-by-economic-worries-strong-dollar-8484821.html?utm_source=telegram&utm_medium=social
Read more 👇
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Moneycontrol
Oil drops, pressured by economic worries, strong dollar
Brent crude was down $1.97, or 1.9 %, at $103.97 a barrel by 11:17 EDT (1517 GMT). U.S. West Texas Intermediate crude fell $1.90, or 1.8%, to $101.23 a barrel.