Lockdown, Day 30: Rising cases, falling growth
Locked-down India may be in its worst quarter
since the mid-1990s. Fitch today slashed growth projections to 0.8% in
the current 2020-21 fiscal, highlighting the hefty cost of shutting the
country down for 40 days.
As India completes a month under lockdown, the country reported 21,700
cases, with 1400 cases being added in the last 24 hours. Testing in the
country has gone up 33 times in the last 30 days, the govt said today.
Track the latest developments here...
COUNT SO FAR
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Rajasthan reports 47 new cases; state tally nears 2,000 |
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Assam case count rises to 35 |
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Bihar reports 4 more cases; state tally climbs to 147 |
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6 new cases confirmed in Karnataka; nine in Bengaluru Urban |
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Maharashtra reports 431 new cases; state tally now 5,649 |
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Haryana case count rises to 270 |
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80 new cases take AP tally to 893; death toll 27 |
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Indore's death toll rises to 53 |
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12 new cases in Kanpur |
| World |
|
India |
|
| Tally |
Toll |
Tally |
Toll |
| 26,39,243 |
1,83,820 |
21,700 |
686 |
BUSINESS & ECONOMY
|
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India's GDP growth likely to range up to 1.5% in FY21: CII |
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Sensex ends 484 pts higher, Nifty tops 9,300 |
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Rupee surges by 62 paise to settle at 76.06 |
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Remittances to India could decline by 23% in 2020 |
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Reliance cuts crude processing at Jamnagar SEZ refinery by 24 per cent |
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S&P Global lowers ratings on Future Retail to CCC- |
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Govt freezes dearness allowance of staff at current levels |
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Sebi cuts time gap on capital raising after buyback to 6 months from 1 year |
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Sebi extends deadline to apply for senior level executive roles |
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IndiGo rolls back pay cut in April salary of staff |
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Housing sales falls 26% in Jan-Mar in 9 top cities |
BACK TO WORK
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Tuticorin Alkali Chemicals' plant resumes production |
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70% Highway projects resume |
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Zuari Agro Chemicals resumes operations in Goa plant |
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Lockdown norms partially relaxed in Karnataka |
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Triveni Turbine Ltd partially resumes operations in Bengaluru |
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Pricol reopens Uttarakhand plant |
WORLD ECONOMY
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Fitch sees global economy shrinking 3.9% in 2020 |
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Japan's services sector shrinks at record pace in April |
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South Korean economy shrinks 1.4% |
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Trump suspends immigration into US |
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Virus triggers record losses for Swiss central bank |
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Thailand's March foreign tourist arrivals tumble 76.4% y/y |
GLOBAL TALLY
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US sees 1,738 new deaths in 24 hours |
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Italy's death toll exceed 25,000 |
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China's asymptomatic cases top 980 |
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Germany case count up by 2,352 to 148,046 |
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Mexico cases top 10,000 |
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Cases in Pak rises to 10,513; 224 deaths |
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Spain's number of coronavirus cases rise to 213,024 |
