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Italy injects record 400 bn euros into pandemic-hit economy

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Italy has unveiled a record 400 billion euro ( USD 430 billion) stimulus to help businesses hurt by a month-long national lockdown that is like to run on for many more weeks. Prime Minister Giuseppe Conte on Monday told the nation to be patient in the face of a pandemic that has now officially claimed 16,523 lives in the Mediterranean country and left millions at least temporarily unemployed “We will soon see a new spring for Italy but for the moment we must stay at home,” the Italian leader said…

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Let people write me off, I am preparing for 2021 Tokyo now: Sushil Kumar

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“People have this perennial habit of writing me off now and then but it does not affect me,” says veteran wrestler Sushil Kumar, who has not only quashed his retirement talks but is rather bullish about his qualification for next year’s Tokyo Olympics. Already on the wrong side of 30s, Sushil was struggling to qualify for the Tokyo Games but the postponement of the quadrennial event has re-ignited his Olympic hopes. The Summer Games, originally scheduled for July-August this year, were expected to be a swansong for many athletes including…

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ENTERTAINMENT NEWS CATEGORIES 

Stay safe, be well: Chris Hemsworth to Indian fans

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Hollywood superstar Chris Hemsworth on Monday said he was looking forward to celebrate “Extraction”, a part of which he shot in India, with his fans here but that could not be possible amid the coronavirus spread. The actor said he had an unforgettable time in the country while shooting for the film with the local talent and would like his fans to enjoy the trailer, which drops Tuesday. Netflix is set to release the film on April 24. “Namaste India, Chris Hemsworth coming to you all the way from Australia.…

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BUSINESS NEWS CATEGORIES 

Asian markets boosted by hopes on virus but oil dips

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Asian markets rose Monday as some of the world’s worst-hit countries reported falling death rates, providing some much-needed hope in the battle against the coronavirus, though oil prices dipped after a meeting of top producers was delayed. While the disease continues its deadly sweep across the planet, with more than 1.25 million now infected and nearly 70,000 dead, news out of Europe that fatalities were easing has lifted spirits on trading floors. Italy reported its lowest daily toll in two weeks, while Spanish officials said deaths fell for the third…

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LEGAL NEWS NEWS CATEGORIES 

Japan prepares for state of emergency over virus

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Japan’s government began preparing Monday for the declaration of a state of emergency over the outbreak of the new coronavirus, as infections spike in the capital Tokyo and elsewhere. Prime Minister Shinzo Abe was expected to meet late Monday with a panel of experts advising the government on the global pandemic, with widespread reports that he would announce a state of emergency as soon as Tuesday. The move comes as infections grow steadily — though in far smaller numbers than in Europe or the United States. Tokyo announced a record…

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NATIONAL NEWS NEWS CATEGORIES 

COVID-19 death toll rises to 109, number of cases to 4,067: Health Ministry

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The death toll due to novel coronavirus rose to 109 and the number of cases in the country climbed to 4,067 on Monday, according to the Union Health Ministry While the number of active COVID-19 cases stands at 3,666, as many as 291 people were cured and discharged, and one has migrated, it stated. The total number of cases include 65 foreign nationals According to the ministry’s data updated at 9 am, 21 fresh deaths were reported from Maharashtra, two each from Andhra Pradesh and Tamil Nadu and one from…

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NATIONAL NEWS NEWS CATEGORIES 

COVID-19 death toll in India rises to 77, number of cases to 3,374: Health ministry data

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The number of confirmed novel coronavirus cases in the country climbed to 3,374 on Sunday while the death toll rose to 77, according to Union Health Ministry data. While the number of active COVID-19 cases stood at 3,030, as many as 266 people were either cured of the disease and discharged, and one had migrated, it said. In its updated data around 9 am, the health ministry reported two new fatalities — one each from Karnataka and Tamil Nadu. According to the ministry, Maharashtra has reported the most coronavirus deaths…

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NEWS CATEGORIES WORLD NEWS 

China reports 30 new coronavirus cases; nine districts in Wuhan classified as low-risk’

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China has reported 30 new cases of the novel coronavirus, including five locally transmitted infections, even as nine of the 13 administrative districts of virus-hit Wuhan city were declared low-risk areas’ signifying a gradual return to normalcy, officials said on Sunday. China’s National Health Commission (NHC) in its daily report said other than the 30 new confirmed COVID-19 cases reported in the mainland on Saturday, 47 new asymptomatic cases were also reported. The NHC said 1,024 asymptomatic cases were still under medical observation, including 244 from abroad. Asymptomatic coronavirus cases…

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BUSINESS NEWS CATEGORIES 

Indian macroeconomic situation bleak, set to worsen if lockdowns continue: Jean Dreze

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The Indian macroeconomic situation is bleak and all set to get worse if local or national lockdowns continue for some more time, renowned economist Jean Dreze said on Sunday. Dreze further said that due to the country-wide lockdown, social unrest in many parts of India has already started. The country is under a 21-day lockdown as part of larger efforts to curb spreading of coronavirus infections. “The situation is bleak and all set to get worse, if local or national lockdowns of varying intensity continue for some time, as is…

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NEWS CATEGORIES SPORTS 

Kobe, Duncan, Garnett headline Basketball Hall of Fame class

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Kobe Bryant’s resume has yet another entry to validate his greatness: He’s now, officially, a Hall of Famer. And he’s got plenty of elite company in the 2020 class, one that may be as glitzy as any. Bryant, who died in a helicopter crash on Jan. 26, and fellow NBA greats Tim Duncan and Kevin Garnett headlined a nine-person group announced Saturday as this year’s class of enshrinees into the Naismith Memorial Basketball Hall of Fame. “An amazing class,” Duncan said. They all got into the Hall in their first…

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