52 COVID cases including 4 foreign evacuees, 1 death

The State recorded 52 coronavirus positive cases on Saturday and a death of a patient. This is the fifth consecutive day on which a death has been reported. On Friday, the number of COVID-19 deaths was three. With another death reported on Saturday, the total number of fatalities stands at 49. The total number of …
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Coronavirus: Foreign Investors Pull Out Over $16 Billion From India Amid Pandemic: US Report

Foreign investors have pulled out an nearly $26 billion from developing Asian nations, the report said. Washington: Amidst global economic recession due to coronavirus, foreign investors have pulled out an estimated $26 billion from developing Asian economies and over $16 billion out of India, a latest Congressional report has said. “Foreign investors have pulled an …
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Xiaomi, Oppo’s Consumer Finance Plans Said to Be Upset by Tougher Scrutiny of Foreign Investment

Tougher scrutiny of foreign investment in India has soured the plans of China’s smartphone manufacturers seeking to expand beyond selling hardware for a bigger share of the country’s competitive financial services market. Xiaomi and Oppo, with more than 100 million in combined smartphone users in India, cannot directly lend to consumers without a shadow banking …
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Italy To Reopen Foreign Travel From June 3

Shops and restaurants across Italy are preparing to reopen under social distancing norms Rome: Italy’s government on Saturday approved a decree which will allow travel to and from abroad from June 3, in a major development as it moves to unwind one of the world’s most rigid coronavirus lockdowns. The government will allow free travel …
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