Section 144 imposed in Karnataka capital to curb Covid-19 spread

News Network
April 7, 2021

Bengaluru, Apr 7: Amid rising Covid-19 cases in Bengaluru, the Karnataka government on Wednesday imposed Section 144 of CrPC in city limits from today.

The government has prohibited the operation of swimming pools, gymnasiums, party halls etc in apartments and residential complexes in Bengaluru city limits, according to the order. 

"Prohibit operation of amenities like Swimming Pool, Gymnasium, Party Halls etc in apartment/residential complexes in limits of Bengaluru City," reads the order.

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News Network
April 25,2021

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Newsroom, Apr 25: Prime Minister Narendra Modi is addressing the nation through his monthly radio programme 'Mann ki Baat' on Sunday, as the country grapples with a second Covid-19 wave.

In his last Mann ki Baat, Modi hailed the world's largest vaccination programme being carried out in India against the Covid-19 and stressed on "dawai bhi, kadai bhi" (medicines as well as strict preventive measures).

He also hailed the 'taali-thaali' campaign and lighting of diyas last year, saying it had touched the hearts of 'corona warriors'.

Key points from his address:

1. The government of India is dedicated to taking forward the efforts of the state governments to tackle the current Covid-19 situation, says PM

2. "I urge people to not fall prey to any rumour about vaccine. You all must be aware that Govt of India has sent free vaccine to all State Govts. All people above 45 years of age can benefit from this. From May 1, vaccines will be available for every person above 18 years of age," he said.

3. Country's corporate sector can also participate in vaccine drive by getting their employees vaccinated. Govt of India's free vaccination program will continue in future too. I request states to ensure benefits of this free vaccination program reaches as many people as possible, Modi adde

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News Network
May 2,2021

Kolkata, May 2: The Election Commission of India on Sunday retracted its earlier announcement declaring Mamata Banerjee as the winner of Nandigram and announced TMC turncoat Suvendu Adhikari as winner from the seat. The EC said he won by a margin of over 1,900 votes.

As confusion over the title-bearer of Nandigram prevailed, the All India Trinamool Congress tweeted, "The counting process for Nandigram has not been completed. Please do not speculate."

Meanwhile, Mamata Banerjee in a press conference said that she will appeal this decision. However, she also added that she will humbly accept the mandate of the people of Bengal.

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News Network
May 9,2021

Billionaire Mukesh Ambani's Reliance Retail Ltd has been ranked second fastest-growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years.

It has been ranked 53rd in the list of Global Powers of Retailing, improvement from 56th earlier, according to the Deloitte report.

The list is topped by US giant Walmart Inc, which retains its position as world's top retailer. Amazon.com Inc improved its position to rank second. Costco Wholesale Corporation of US slipped a rank to be placed third followed by Schwarz Group of Germany.

The top 10 has seven US retailers and one from the UK (Tesco PLC at 10th position). Other US retailers in the top 10 include The Kroger Co (ranked 5th), Walgreens Boots Alliance, Inc (6th) and CVS Health Corporation (ranked 9th). Germany's Aldi Einkauf GmbH & Co. oHG and Aldi International Services GmbH & Co. oHG is placed at 8th position.

Reliance Retail is the only Indian entry in the global list of 250 retailers. It features consecutively for the 4th time in the list of Global Powers of Retailing and World's Fastest Retailers.

"Reliance Retail, last year's Fastest 50 leader, dropped to second place. The company recorded YoY growth of 41.8 per cent, driven primarily by a 13.1 per cent increase in the number of stores in its consumer electronics, fashion and lifestyle and grocery retail chains, to 11,784 stores across 7,000+ towns and cities in India at fiscal year end (FY20)," Deoitte said.

E-commerce, it said, is a second growth driver, through both digital commerce (B2C) and B2B.

"The company is partnering with WhatsApp to further accelerate Reliance Retail's digital commerce business on the JioMart platform using WhatsApp and to support small businesses on WhatsApp," it said. "Reliance Retail acquired the 29 stores of Shri Kannan Departmental Store at the end of FY2019, and in August 2020 announced it would acquire Future Group's retail, wholesale and logistics units for $3.4 billion."

When fully approved, the deal will almost double Reliance Retail's store space.

Reliance Retail also made two e-commerce acquisitions in 2020, buying Vitalic Health and its online pharmacy platform Netmeds in August, and a 96 per cent stake in online home decor company UrbanLadder in November.

On global outlook, Deloitte said in the early months of 2021, the world was faced with both promise and peril.

"On the positive side, the distribution of vaccines for Covid-19 was under way, offering the promise that, sometime later in the year, the negative impact of the virus could abate significantly. On the negative side, the virus continued to threaten economic stability, especially in those parts of the world where it was still prevalent and threatened to be a problem elsewhere if new and virulent strains of the virus were spread widely".

Even in places where the outbreak was limited, there was a negative economic impact from social distancing measures to avoid a further outbreak, it said adding the challenge for policymakers was to control the current outbreak, protect those who have been disrupted by it, and speed up the distribution of approved vaccines.

The speed and success of these three imperatives will determine the path of the global economy in the year ahead, it added. 

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