"It is definitely the biggest jolt the apparel industry has received. In the last two decades I have not seen such growth coming in polyester yarn or even the cotton yarn."
Accordingly, pump prices of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the national capital. This is the sixth consecutive day when fuel prices have remained unchanged.Petr
Synopsis
ET had reported that lengthy lockdowns can potentially wipe out the 9-month recovery in offline sales channel for smartphones which has just bounced back from record low market share of 49% in December quarter to 60% in January-February months.
ET Bureau
Smartphone and laptop shopping has suddenly picked up in select pockets of Maharashtra including Ahmednagar, Raigad and Vidarbha regions due to rumours of a 25-day absolute lockdown.
Smartphone retailers, ET spoke to, said markets are more crowded than usual, mainly to stock essentials, but consumers are getting hands on affordable smartphones and laptops for fear of any disruption in school examinations.
Boris Johnson, who is expected to confirm plans to relaunch international travel and open sections of the economy later on Monday, said the new mass testing programme would break the chain of transmissions and spot cases without symptoms.