But they aren’t alone. Nearly one in three American workers have jobs that require them to work in close proximity to each other and have direct contact with the public. They’re cashiers, retail workers, flight attendants, airline staff, transit workers, ride-share and taxi drivers, beauticians at hair and nail salons, restaurant and food service workers, landscapers, road crews, plumbers, carpenters, handymen, and home appliance repair techs, to name a few. Though some are making do with DIY masks or nothing at all, medical-grade masks and gear are needed. PPE should also be made mandatory (and provided for a cost if needed) at airports, on transit, in schools, and anywhere people come together in large numbers. A study showed that the combination of masks, gloves, protective gear, and regular handwashing reduced the transmission of the deadly SARS virus by more than 90%. … [Read more...] about Coronavirus is crushing the economy. Here’s how to bring it back to life
Hotel restaurant tourism management
"Tourism and travel industry will take the longest to revive. Cash flow is nearly dead. Around 6-7 crore jobs are either directly or indirectly dependent on the tourism industry. Without cash flow, it will be difficult for the industry to pay salaries and license dues to states," said Jyotsna Suri, CMD, Lalit Suri Hospitality Group. … [Read more...] about Inbound travel may see negligible business until September: Industry experts
Adani Group - Rs 100 croreOn April 3, the company declared on LinkedIn that the Adani Foundation had contributed Rs. 100 Cr to the PM-CARES. Adani Foundation has contributed Rs. 5 crore to the Gujarat CM-Relief Fund and Rs 1 crore to the Maharashtra CM- Relief Fund as well.Bright Star Investments - Rs 100 croreOn April 4, Radhakrishan Damani - the promoter of Avenue Supermarts that owns D-Mart - donated Rs 100 crore to the PM-CARES Fund. It also contributed another Rs 55 crore towards various state relief funds. Damani made the donation through group company Bright Star Investments. … [Read more...] about PM-CARES Fund: Here are the biggest contributors as India fights coronavirus pandemic
The longest period for which the markets have stayed at levels below 40% decline is 1 year 5 months. Excluding the bear market of 2000-04, the longest the markets have stayed at levels below 40% decline is 6 months.A few days back, the markets were within touching distance of a 40% decline and hence the possibility of the markets touching these levels again cannot be ruled out. … [Read more...] about Equity investment – should we invest all at once or in a staggered manner?
Now, in normal situations, we would stop here with a simple solution of Buying a Call for a Bullish forecast or a Put for Bearish forecast but amid the COVID-19 led eruption in volatility the Option premiums have skyrocketed, leaving little on table for us despite of the view being right. … [Read more...] about ‘Broken Wing Butterfly’ is slow but steady strategy in making money amid volatility