COVID-19 Impact

  • Prince Charles highlights Covid-19 impact on youngsters
    LONDON, SEPTEMBER 27 (IANS): The UK's Prince Charles on Sunday highlighted the impact of the global coronavirus pandemic on young people, saying it was a "particularly difficult time to be young". "For anyone, this is a difficult time - but it is a particularly difficult time to be young," the BBC quoted the Prince of Wales as saying in an article published in the Sunday Telegraph. He compared the current situation to "other times when hope was scarce
  • Australia tweaks national players' pay deal to reflect COVID-19 impact
    MELBOURNE, September 16 (Reuters): Australia's national soccer players have agreed to pay-cuts as part of an adjusted collective bargaining agreement (CBA) that takes into account the economic impact of the novel coronavirus, the players union said on Wednesday. The revised CBA, which applies to both the men's and women's teams, will carry through to the completion of the 2023 Women's World Cup in Australia and New Zealand, Professional Footballers Australia (PF
  • Covid Impact: GST collection drops 12% to Rs 86,449 cr in Aug
    NEW DELHI, SEPTEMBER 1 (IANS): The Covid-19-induced shrinking of economic activity for the past few months has continued to have an impact on the government's tax collections with revenue under the Goods and Services Tax (GST) falling far below the psychological level of Rs 1 lakh crore to Rs 86,449 crore in August. This is second consecutive month of a fall in GST collections after the number crossed over Rs 90,000 crore in June. The August collection, which is 88 per cent o
  • Covid impact: IndiGo's net loss at Rs 2,844.3 cr in Q1FY21
    MUMBAI, JULY 29 (IANS): InterGlobe Aviation which runs airline major under the brand name of IndiGo on Wednesday posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first-quarter of 2020-21. "Closure of scheduled operations till May 24, 2020 and lower capacity deployment thereafter on account of Covid-19, significantly impacted the quarterly results," the company said in a statement. "IndiGo reports net loss of Rs 28,443 million and a negative EB
  • Covid Impact: IndiGo to axe 10% of its workforce
    NEW DELHI, JULY 20 (IANS): The Covid-19-induced economic turbulence has led airline major IndiGo to decide to lay off 10 per cent of its workforce.   According to Ronojoy Dutta, CEO, IndiGo, the company, after carefully assessing and reviewing all possible scenarios, will require to bid "a painful adieu" to 10 per cent of its around 27,000-strong workforce.   "It is for the first time in the history of IndiGo that we have undertaken such a painful m