Overall monthly production likely to be hit by 30-40%. On Day One of the lockdown announced by the Maharashtra Government, it wasn’t business as usual for automobile manufacturing units in the State. Confusion prevailed over regulations—what is allowed and what isn't. While some units ran with less than half the workforce, others sought clarity from the government on what is permissible and what isn't. The State accounts for close to 20 per cent of the total vehicle production and is home to manufacturers like Tata Motors, Mahindra & Mahindra, Bajaj Auto, Force Motors, Mercedes Benz and Volkswagen. It is also a critical auto parts hub for vehicle manufacturers outside Maharashtra. The lockdown is estmated to crimp monthly output by 30-40 per cent. Officials at most firms said they have scaled down operations and are complying with the “Break the Chain’ guidelines and adhering to safety protocols, distancing norms and hygiene standards. They are … [Read more...] about Maha lockdown: Auto plants in state scale down operations
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LINE of Duty is the show that EVERYONE is talking about, and if they're not talking about it, they're tweeting about it. The BBC crime drama's sixth series is as gripping as any fan would hope, with many desperately trying to work out who the next 'H' is. The latest episode was the most explosive of the series so far , with Ted Hastings being forced to retire from his lifelong quest to find 'bent coppers', while AC-12 is set to be merged with two other police anti-corruption units too. To top it all off, the episode ended on a cliffhanger over who DCI Jo Davidson's secret blood relative is. With so much drama and complex twists and turns, it's no wonder the Internet is full of hilarious memes from viewers to illustrate how they feel about the show. Here are some of the best ones. BAD FOR BUCKELLS DS Ian Buckells confessed to being corrupt - and pretty stupid - in the latest episode, and was sent to prison. His scenes immediately led to a flurry of memes … [Read more...] about Line of Duty’s most hilarious memes – how many iconic catchphrases do you recognise?
Italian motorsport giant Ferrari could boost Luna Rossa’s next America’s Cup. That’s the speculation in the media in Italy as the yachting syndicate looks to move quickly and build momentum on its strong showing at Auckland 2021. Luna Rossa put up a brave showing in the America’s Cup match, eventually losing 7-3 to defenders Team New Zealand. Fans from all over the world have flocked to the Ferrari Museum in Maranello to see the "Michael 50" exhibition for the renowned Formula 1 driver. Well-connected Italian yachting journalist Gian Luca Pasini, writing on La Gazzetta , said rumours of partnership between Luna Rossa and Formula One legends Ferrari began circulating on Tuesday (NZT). READ MORE: Team NZ stars believe women sailors can break into America's Cup scene Jimmy Spithill pumped for new challenge America's Cup: American Magic skipper reveals life-threatening drama in capsize They could work a deal like current Formula One … [Read more...] about America’s Cup: Italian reports link Ferrari to Luna Rossa
* Exports +30.5%, vs forecast of +11.7% * Imports +25.7%, vs forecast of 6% JAKARTA, April 18 (Reuters): Indonesia's exports surged in March due to higher commodity prices and rebounding global demand, while imports also grew by more than expected last month as domestic manufacturing activity improved, officials statistics bureau data have showed. Merchandise exports beat forecast with an annual jump of 30.47% to $18.35 billion on rising shipments of oil, natural gas, palm oil, steel and coal. Shipments were also supported by elevated commodity prices and improving demand from top trade partners like China and the United States, whose economies are recovering strongly from the COVID-19 pandemic. Export growth in March was the highest since July 2017, according to Refinitiv Eikon data, and compared with a Reuters poll forecast of 11.74%. Meanwhile, imports were up 25.73% to $16.79 billion on higher purchases of raw materials and capital goods. This was the strongest growth … [Read more...] about Indonesia’s exports and imports grow more than expected in March
Tran Tuan Anh, chairman of the Party Central Committee’s Economic Commission, told a conference that while there has been some improvement in these areas, their potential has not been fulfilled while the training of workforce needed for them do not take into account the latest technological development. The country still has to rely on imports of intermediate goods, he said. Minister of Science and Technology Huynh Thanh Dat said demand for them from manufacturers is rising, but local firms struggle to satisfy it. Developing a skilled workforce that can help the country satisfy its demand for industrialisation and modernisation is important, he said. Dương Anh Duc, deputy chairman of the HCM City People’s Committee, said the city offers loans for hi-tech projects in key industries and fully subsidises the interest, and pays close attention to training. The Party Central Committee’s Economic Commission has been tasked with recommending industrialisation and modernisation … [Read more...] about Workforce critical to feed industries in rapidly developing Vietnam, say experts