The services sector has been the worst hit. Consider, for instance, the services sector PMI in Italy, which plunged to a record low of 17.4 in March, down from 52.1 in February. A reading below 50 indicates contraction from the previous month, while one above 50 denotes expansion. Even Germany and Japan, countries that have managed the epidemic relatively better, saw their services sectors shrink substantially in March. A steep recession in much of the world is in the offing. … [Read more...] about Moneycontrol Pro weekender | Will April be the cruellest month?
Kerala, which is one of the worst-hit states in the country, has two disease hotspots now – one in Kasargod and the other in Kannur. In both the north Kerala districts, most persons who tested positive for the deadly virus have either returned from Dubai or are primary contacts of Dubai returnees, the official informed. … [Read more...] about Coronavirus pandemic | 70% of COVID-19 patients in Kerala have Dubai links
"This decade is going to be of the startups of India. This decade is going to be of the global leaders of India...this decade is going to be of a water efficient and water sufficient India. This decade is going to be of the small cities of India, it is going to be of our villages, this decade is going to be of the dreams and aspirations of 130 crore Indians," Modi said.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about Pay taxes for India’s development; tax harassment will be thing of past: PM Modi
Telephone operators were just as vulnerable to the Spanish flu as anyone else; maybe even more so than some, since they sat at banks of switchboards in tight quarters, elbow to elbow with any infected coworkers. And their ranks were being depleted by illness at the same time that the flu was increasing call volume.On October 22, The New York Times reported that 2,000 New York Telephone Company operators, making up almost a third of the workforce, were out sick. Unable to keep up with demand for its service, the company imposed cutbacks—including a 50% reduction in the ability to call from payphones—and mailed cards to customers asking them to limit usage to emergencies. … [Read more...] about How the telephone failed its big test during 1918’s Spanish flu pandemic
The decision to delay it means Amazon will have 5 million extra devices it would have expected to sell sooner, items like its suite of voice-controlled Echo speakers that have been popular orders during the event. It also affects third-party merchants who have come to depend on Amazon's platform for revenue. … [Read more...] about Coronavirus pandemic | Amazon to delay Prime Day event due to coronavirus, outlines cloud risks