The Indian government is to open hotels, restaurants and other hospitality services and shopping malls from 8 June, leading to a rise in hotel stocks as much as 19% (Chalet Hotels).

On Saturday May 30th, the home ministry said ‘Unlock-1’ will be initiated from 8 June, relaxing to a great extent the nationwide lockdown which started on 25 March, even as strict restrictions will remain in place till 30 June in the country’s worst-hit areas.

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