April 2020

It will be years before air travel returns to pre-pandemic levels: Boeing CEO NEW DELHI: US aerospace major Boeing has warned that air travel will take years to to return to pre-pandemic levels. And even when the situation stabilises, the market for commercial aircraft will be smaller with airlines’ needs hanging drastically. The Boeing Company CEO David Calhoun’s address at this year’s annual meet of shareholders make it clear tha it is “preparing for the new reality.” “The health (corona) crisis is unlike anything we have ever experienced. With fewer people taking to the skies, global airline revenues are set...

Lockdown should be lifted entirely, piecemeal approach will not be effective: Axis Bank CEO The government needs to lift the lockdown entirely now as a piecemeal approach may not work because of interlinkages, Amitabh Chaudhry, Chief Executive Officer of Axis Bank, said on Wednesday. India has had the strictest lockdown with no major fiscal support like other countries, said Chaudhry, adding that it will take 6-9 quarters for revival of the economy. According to Chaudhry, if the lockdown does not get lifted soon, it is given that a number of corporates and individuals will go through severe stress and some...

India to suffer significant contraction, requires Rs 10 trillion stimulus: Former CEA Arvind Subramanian Speaking at the Indian Express e-Adda from the US, Subramanian said that distribution of food and cash are the two key tools India should be using to help people tide over the crisis. Former chief economic advisor Arvind Subramanian on Tuesday said that India should plan for “substantially negative economic growth” this financial year due to the coronavirus crisis and that the government should tap various sources to finance a Rs 10 trillion stimulus. Speaking at the Indian Express e-Adda from the US, Subramanian said that distribution...

Hillary Clinton endorses Joe Biden’s White House bid Former Democratic presidential candidate Hillary Clinton endorsed Joe Biden’s White House bid on Tuesday. “I want to add my voice to the many who have endorsed you to be our president,” Ms. Clinton said during a live video conference with the former vice president. “I wish you were president right now,” the former First Lady and Secretary of State said. “Think of what it would mean if we had a real president not just somebody who plays one on TV,” she added in a jab at President Donald Trump, Mr. Biden’s expected opponent...

It’s a boy: British PM Boris Johnson’s fiancee gives birth British Prime Minister Boris Johnson’s fiancee, Carrie Symonds, has given birth to a baby boy, Downing Street said on Wednesday. Both mother and child are doing well. The boy was born at a London hospital. Johnson returned to work on Monday, a month after testing positive for COVID which he said had threatened his life. Symonds also had symptoms of COVID but recovered swiftly. The couple, who have been living together in Downing Street since Johnson became prime minister in July, announced in February that they were expecting their first...

Satellite images of luxury boats further suggest Kim Jong Un at favoured villa Satellite imagery showing recent movements of luxury boats often used by North Korean leader Kim Jong Un and his entourage near Wonsan provide further indications he has been at the coastal resort, according to experts who monitor the reclusive regime. Speculation about Kim’s health and location erupted after his unprecedented absence from April 15 celebrations to mark the birthday of his late grandfather and North Korea’s founder, Kim Il Sung. On Tuesday, North Korea-monitoring website NK PRO reported commercial satellite imagery showed boats often used by Kim had...

184 nations ‘going through hell’ as Covid-19 wasn’t stopped at source: Trump US President Donald Trump doubled down on China for failing to tame the coronavirus at its very origin, saying it has led to 184 countries “going through hell”, as several American lawmakers demanded steps to reduce dependence on Beijing for manufacturing and minerals. Trump has been publicly blaming China for the global spread of the “invisible enemy” and launched an investigation against it. He has also indicated that the US may be looking at “a lot more money” in damages from China than the $140 billion being sought...

Irrfan Khan succumbs to colon infection in Mumbai A gem of cinema is lost. He was admitted in Kokilaben Ambani hospital, Mumbai suffering from a rare disease. He had revailed about the disease to the public through twitter in 2018. “Life is under no obligation to give us what we expect: Margaret Mitchell. The unexpected makes us grow, which is what the past few days have been about. Learning that I have been diagnosed with NeuroEndocrine Tumour as of now has now has admittedly been difficult, but the love and strength of those around me and that I found within...

Serena Williams, motives to be the best tennis player in history Why continue to suffer, feeling disappointment and retándose itself when there is nothing to prove? That is the question that only people who are called to make history in the sport and can respond with sound arguments. Serena Williams is one of them, a legendary figure, a beast competitive squandered all records imaginable, and has been able to lift women’s tennis to a higher-status. Dominant, charismatic, ambitious, single. Its defects derive from the excess of all such virtues, its cross particular for the empowerment of women after having been a mother...

Arjun Kapoor hosts charity sale of personal closet for animals affected by Covid-19 lockdown Actor Arjun Kapoor has come forward to host a charity sale of his personal closet for the care of stray animals during the nationwide lockdown imposed to contain coronavirus cases. “I have been doing my best to support as many organisations I can in this crucial hour of need. Whilst we are battling with the pandemic, we must also not forget to be humane to the animals that need our help,” said Arjun. Talking of the government-imposed lockdown to contain coronavirus, the 34-year-old also addressed that “there’s been...