Indian economy set to bounce back, emerge stronger from Covid crisis: Ficci


President Sangita Reddy on Sunday said India’s strategy of dealing with the Covid-19 crisis has paid off and the country’s economy is set to bounce back and emerge stronger. She said it was time to take bold actions and push the growth agenda vigorously.

“The dilemma for governments across the world was creating a balance between protecting lives and livelihoods. India took the path of a strict lockdown to ramp up health infrastructure and focused on human lives. This strategy has paid off,” Reddy said. She observed that science evolved to give better cures, medical infrastructure was created, supplies like PPEs ramped up and our death rate has been contained.





“It’s clearly time for bold actions on the livelihood front. The recent monetary policy assures that the government and the regulator will do everything it takes to keep the economy afloat. Let us start pushing our growth agenda vigorously,” said Reddy.


“As we can see the initial green shoots of recovery have begun,” she added. Reddy noted that the PMI for manufacturing and services has recovered to 56.8 and 49.8, respectively in September 2020. Besides, there has been a pick-up in e-way bill

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Campaigning At Hectic Pace, Trump Vows To Disprove Polls

Donald Trump vowed to again defy the polls as he sprinted through five swing states Sunday in a blitz of campaigning against Joe Biden with just two days left before a US presidential election that has already mobilized a record number of early voters.

The last-minute scramble came as polls showed Biden maintaining his overall lead but with some slight tightening in key states including Pennsylvania, where he leads by four points, and Florida, now a tossup, according to a RealClearPolitics average of polls.





US battleground states
 AFP / Sophie RAMIS

“We’re now leading,” Trump insisted before a raucous rally of supporters in Washington Township, Michigan. “Look, we’re leading in Florida. We’re leading in Georgia… They say it’s a very close race in Texas. I don’t think so. They did that four years ago and I won in a landslide.”

Snow flurries fell on Trump and the crowd as he shivered and joked repeatedly about the brisk winds and freezing conditions.



President Donald Trump -- pictured at a rally in Tampa, Florida -- has stuck to his strategy of downplaying the danger of the coronavirus and calling for businesses to reopen


President Donald Trump — pictured at a rally in Tampa, Florida — has stuck to his strategy of downplaying the danger of the coronavirus and calling for businesses to reopen
 AFP / Brendan Smialowski

He warned, in a state

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Rule for sale of home-cooked food: Hoteliers, restaurant owners welcome FSSAI decision


The Federation of Hotel and Restaurant Associations of India (FHRAI) on Saturday welcomed Food Safety and Standards Authority of India’s (FSSAI) move of mandatory registration for home-cooked food sellers which will help reduce health risk of consumers.


The apex hospitality association has stated that food operators, whether operating from home or from dark kitchens, should be regulated for cleanliness and hygiene, FHRAI said in a statement.



It also pointed out that unregistered, unregulated food business operators (FBOs) may not be maintaining hygiene standards, which is detrimental to the interest of consumers and poses health risks.


has responded to our plea and is taking to task any such unregulated and illegal dark kitchens. Quite a few of these are actually funded and run by the Food Service Aggregators (FSAs) to escape responsibilities attached to operating legally and of course, also taxes.


“This causes a huge loss to the state and the exchequer. Not to mention the questionable hygiene standards, because there is no one to monitor and they are not registered under FSSAI, FHRAI vice president Gurbaxish Singh Kohli said.


The FHRAI has

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Air India appoints new chiefs in three of its subsidiaries


National carrier has appointed new chiefs in some of its subsidiaries.


Accordingly, has appointed Aloke Singh as the Chief Executive in its international low cost subsidiary Express.



Besides, Deepak Khullar has been appointed as the CEO of Hotel Corporation of India (HCI), another Air India subsidiary. HCI is best known for running the Centaur Hotels.


Furthermore, Harpreet A De Singh, Executive Director, Air India, will hold the CEO’s charge in the Alliance Air Limited till further orders.


She will be relieved of the charge of the post of ED, Flight Safety.


Consequently, Captain Nivedita Bhasin, GM, Flight Safety, will hold the charge of the post of ED, Flight Safety, in addition to her own duties till further orders.


Air India has also renewed the contract of Captain Ashvini Sharma, the current CEO of Air India Airport Services Limited (AIASL).


The AIASL was formed with an aim to provide unified ground handling services (ramp, passenger, baggage, cargo handling and cabin cleaning) under the brand name Air India Airport Services.


–IANS


rv/sn/arm

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Johnson Announces Month-long Virus Lockdown For England

Prime Minister Boris Johnson on Saturday announced a new four-week coronavirus lockdown across England, a dramatic shift in strategy following warnings hospitals would become overwhelmed within weeks under his current system of localised restrictions.

Under the stringent new rules set to come into force from Thursday, people must stay at home except in cases where exemptions apply, such as for work, education or exercise, while all but essential shops will close.

In contrast to the months-long UK-wide lockdown earlier this year, schools, colleges and universities will remain open.

But pubs and restaurants will shut unless serving takeaway food, while all leisure and entertainment venues and non-essential shops will close.

The restrictions are planned to end on December 2.

“Now is the time to take action because there’s no alternative,” Johnson said at a Downing Street news conference after convening his Cabinet earlier in the day to sign off on the plan.

“We have got to be humble in the face of nature. In this country, alas, as in much of Europe, the virus is spreading even faster than the reasonable worst-case scenario of our scientific advisers,” he added.





Other parts of the UK have already imposed more restrictions to slow

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