India’s air commute industry jolted by COVID-19, in grave hazard of insolvency: IATA

India’s air commute industry jolted by COVID-19, in grave hazard of insolvency: IATA

India’s carriers are in grave danger of insolvency in the wake of the COVID-19 pandemic, according to the International Air Transport Association (IATA). The current industry crisis is much worse and more widespread than 9/11, SARS or the global financial crisis, IATA Director General and CEO Alexandre de Juniac said flagging the issue to Prime Minister Narendra Modi. “Prior…

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India’s Coronavirus “Heroes” Face Attacks, Eviction Risk Over Virus Unfold

India’s Coronavirus “Heroes” Face Attacks, Eviction Risk Over Virus Unfold

Doctors, nurses, delivery drivers and other frontline workers have been attacked across the country.They have been hailed as India’s coronavirus “heroes”, but doctors, nurses, delivery drivers and other frontline workers have been attacked and in some cases evicted from their homes by panicked residents.Some e-commerce giants have even halted deliveries partly due to the harassment…

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India’s progress in next 2 quarters received’t be over 3 per cent: Pronab Sen

India’s progress in next 2 quarters received’t be over 3 per cent: Pronab Sen

New Delhi: Former chief statistician Pronab Sen on Thursday said the country’s growth in the next two quarters will not be more than 3 per cent due to the lockdown across the country. In an interview with , Sen further said that due to the ongoing 21-day shutdown, there may be a reduction of about…

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India’s coronavirus cases tick up no topic big lockdown

India’s coronavirus cases tick up no topic big lockdown

Three more people infected with coronavirus died overnight in India as the government sought on Thursday to improve basic services to 1.3 billion people locked indoors to slow the spread of the disease.Streets were silent across India’s cities and towns on the second day of a three-week, 24 hour shutdown as people heeded Prime Minister…

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Consultants peg India’s cost of Covid-19 lockdown at USD 120 bn

Analysts have pegged the cost of the COVID-19 lockdown in India at $120 billion or 4 per cent of the GDP.PTI|Last Updated: Mar 25, 2020, 08.14 PM ISTAgenciesDomestic brokerage Emkay congratulated policymakers for acting earlier than other countries, but rued that there is not much to cushion the economic impact.MUMBAI: Pegging the cost of the…

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Winging IT: India’s Big BPO Industry Struggles to Address Working From House

Representative image. (Reuters) The hub of global back-office solutions is trying to wing it with makeshift solutions as the nation remains on a 21-day lockdown. Reuters Last Updated: March 25, 2020, 5:40 PM IST Edited by: Shouvik Das Share this: As the coronavirus pandemic pushes India into a lockdown, the call centers and IT services…

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