From airline revenues to IPL 2020: The latest on coronavirus crisis

‘Bat coronavirus’ in 2 Indian bats: ICMR

As the world grapples with the pandemic, researchers have discovered the presence of a special sort of — bat — in two bat species from Kerala, Himachal Pradesh, Puducherry and Tamil Nadu, in accordance to a primary of its research by the ICMR.

Airline revenues to dive by 55%: IATA

Airline passenger revenues are set to plunge by 55 per cent, or $314 billion, in 2020 due to the coronavirus pandemic, the International Air Transport Association stated. It marks a pointy worsening of the forecast for the aviation business, as simply three weeks in the past the lower was predicted to be 44 per cent, or $252 billion.

IPL ‘postponed’, however no official phrase but

The BCCI advised IPL franchises that the occasion stands “postponed indefinitely” after the was prolonged. While the event hasn’t been formally introduced as but however it’s learnt that the BCCI has reached out to all of the stakeholders that the occasion stands “postponed and not cancelled”.

Oil slides over 6% as producer cuts fail to banish demand fears

Oil costs fell over 6 per cent on Tuesday as buyers doubted that report Opec+ provide cuts would quickly stability markets as demand plunges due to the coronavirus pandemic. Brent crude was buying and selling $2.01 or 6.33 per cent down at $29.73/bbl at 11:13 pm IST. Global oil producers worldwide are anticipated to minimize general output by roughly 19.5 million barrels per day, or almost 20 per cent of world provide.


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