Weekly Business Headlines: 27 April to 03 May 2021

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Here are the prime headlines belonging to the field of BUSINESS from 27 April to 03 May 2921:
1. Centre rules out possibility of national lockdown
2. A month of national lockdown can eat up 1-2% of GDP, says report
3. Second COVID wave will dampen India Inc’s recovery, says report
4. Karnataka will allow all e-commerce deliveries during 14-day lockdown
5. Indian economy was well on the road to recovery before new virus wave hit
6. India’s urban affluent hit by new virus wave after dodging first
7. India’s fashion artisans face ‘extreme distress’ in pandemic
.8. Walmart, Flipkart, associate entities to scale up support for India’s Covid battle
9. Walmart to donate 20 oxygen-generating plants, cryogenic containers to India to fight Covid-19
10.  Amazon India announces measures to help SMBs amid COVID-19
11. Panchayats block soft drink, ice cream cos
12. Shoppers expected to spend $4.2 trillion online in 2021, says report
13. Reliance Retail posts 45% jump in net profit for January-March
14. Startups, tech giants pitch in to help India
15. Second wave to impact fashion retailers, revenue to hit pre-COVID levels only in FY23, says report
16. Amazon posts record profits amid pandemic boom
17. Competition Commission gives nod to BigBasket’s 64% stake sale to Tata Digital
18. Pandemic has household savings jumping to 22.5% of GDP, says report
19. Can’t pay 28 days’ salary to Covid absentees: MSMEs
20. Amazon to soon let sellers connect with customers directly
21. Zomato files for $1.11 billion IPO as food delivery surges in pandemic
22. Delivery boys deal with longer hours, fear of virus in COVID second wave
23.Twitter row over eSales of ‘non-essentials’ in Mumbai
24. GST revenue hits all-time high of Rs 1.41 lakh crore in April
25. Big Bazaar aims to double online sales contribution, helped by express home delivery service
26. COVID-19: Haryana govt announces one-week lockdown in entire state from May 3
27. Fitch downgrades Future Retail to restricted default on DDE
28. Physical gold in India swings to discount as pandemic stalls demand
29. Fashion is back! Even with no vacation or office to visit, people are spending on clothes again
30. As Covid hits cinema biz, Inox Leisure ties up with food delivery platforms to deliver food and beverages
31. Nirav Modi files appeal in UK High Court to challenge his extradition to India

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