In a huge respite, business owners in Mumbai opened their shops after being closed for two months due to the COVID-19 lockdown. All shops providing non-essential services were closed by the government in March after it announced the nationwide lockdown to contain the spread of coronavirus.

As the coronavirus pandemic continues to trouble India's economy, the consumer confidence has collapsed to a historic low, a survey by the Reserve Bank of India has showed.

Consumer confidence collapsed in May 2020, with the Current Situation Index (CSI) touching historic low and the one year ahead Future Expectations Index (FEI) also recording a sharp fall, entering the zone of pessimism, said RBI's Consumer Confidence Survey (CCS).

Two days after cyclone Nisarga made a landfall in Raigad district's Alibaug of Maharashtra, state chief minister Uddhav Thackeray will visit the affected areas on Friday to take a stock of the damages.

The visit comes a day after the CM held a video conference with the authorities to monitor the situation in the aftermath of the cyclone and asked the authorities to complete the 'panchnamas' or inspection and submit a report on the damages caused by Nisarga withing two days.

Abu Dhabi-based investor Mubadala will buy a 1.85% stake in Jio Platforms for 9,093.6 crores.

Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. Mubadala’s investment will translate into a 1.85% equity stake in Jio Platforms on a fully diluted basis, Reliance Industries Limited (RIL) said in a statement on Friday.

A petition moved by an 80-year-old COVID-19 patient in Delhi, praying for a bed in some government hospital with a ventilator facility, has been listed for hearing in the Delhi High Court on Friday. Ironically, before the court could pass any order, the patient succumbed to his illness on Thursday.

In his plea, the patient alleged that he fell ill on May 25 and was taken to a private hospital. There he was kept adjacent to a coronavirus patient and caught infection allegedly due to the negligence of the said hospital. He was then put on the ventilator.

Union Health Minister Harsh Vardhan on Thursday chaired a high-level meeting through video conferencing (VC) to review the preparedness for prevention and control of COVID-19 in Delhi.

He was joined by Ashwini Kumar Choubey, MoS (HFW); Anil Baijal, Lieutenant Governor of Delhi; and Satyendra Jain, Health Minister of Delhi.

With the total COVID-19 cases in the state breaching the 27,000 mark, and the mounting strain on the government healthcare infrastructure, the Tamil Nadu Government has included treatment of infected patients in private Hospitals under the Chief Minister’s Health Insurance Scheme.

The packages for treatment cost also have been fixed by the government.

A Public Interest Litigation (PIL) moved in Delhi High Court has sought directions that PM CARES Fund be brought under the ambit of Right to Information Act (RTI) and be made transparent.

The petition said that PM CARES is a ‘public authority’ within the ambit of Section 2(h) of the RTI and prayed for a direction to the trust to display the details of the fund collected and the purpose it is being utilized for, on its website.

Food delivery platform Swiggy started on Thursday online processing and home delivery of alcohol in West Bengal after obtaining approvals from the state government.

The company is offering the service in Kolkata and Siliguri, days after first launching delivery in Jharkhand and Odisha.

In a huge diplomatic win for India, fugitive liquor baron Vijay Mallya is likely to be extradited from United Kingdome to India, reports have said.

The speculations come in the wake of the rejection of Mallya application by the High Court of Justice, London against his extradition to face trial in India. The plea was rejected last month and it vindicated the investigation by the Central Bureau of Investigation (CBI), as Mallya has raised various concerns regarding the admissibility of evidence and the fairness of the investigation, the tactics aimed at diverting attention from his own acts.

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