“Forward ever, backward never: onwards with Breaking Through”

Lockdown, Day 70: India faces a paradigm shift

India's May gold imports fell by 99 per cent from a year ago amid a nationwide lockdown. This, when India is the second largest consumer of the precious metal. In some good news, CMIE data showed that improved labour market conditions have added 21 million jobs last month.

A study by Elara Securities Inc. has put 5 Indian states in good light as they seem to have outgrown the pandemic slump. Kerala, Punjab, Tamil Nadu, Haryana and Karnataka are contributing nearly 27 per cent to the country's GDP.

Track this space for latest updates...

    12 people test positive in Mizoram
    102 new cases in Tripura, total rises to 423
    Odisha reports 141 new cases, tally at 2,245
    Rajasthan reports 171 new cases; tally 9,271
    Andhra tally reaches 3,791 with 115 more cases
    Manipur case count stands at 85
    Jharkhand logs 675 cases
    Maharashtra's Aurangabad records 55 new cases; tally at 1,642
    Uttarakhand reports 41 new cases; total hits 999
    Assam tally reaches 1513, toll at 4
    Mumbai's Dharavi logs 1830 cases, toll 71


    Trading hours for agri-commodities revised to 9 am-9 pm
    'Delhi Corona' app launched, to give info about bed availability
    IITs chalk out plan for graduating students
    Lockdown led to 30% surge in resumes from job seekers
    Chhattisgarh to hold final year varsity exams after lockdown ends
    Telecom industry wary of rushing staff back to office
    Delhi's famous markets Sarojini, Lajpat Nagar start opening

    Sensex takes winning run to 5th day, up 522 points
    Bajaj Auto total sales plunge 70 percent in May
    India will definitely get its growth back: PM Modi
    Tata Motors resumes operations across all manufacturing plants
    Govt starts inviting application for Rs 50,000 cr electronic incentive schemes
    Carmakers offer teaser loans as RBI softens stance
    JSW Steel's crude steel output falls over 14 pc in May
    India unlikely to slip to junk status: BofA
    82% Indians bear financial brunt of coronavirus pandemic: Survey

    Global LNG demand faces first contraction in 8 years: Wood Mackenzie
    US CBO projects virus could trim GDP by $15.7 trillion
    French economy to contract by 11% in 2020: FM
    ISO sees global sugar deficit of 9.3 mn tonnes in 2019/20
    Indonesia's April foreign tourist arrivals plunge 87.4% y/y
    China reports 15 new cases, total at 83,022
    US records 743 new deaths, toll hits 105,099
    UK death toll hits 49,646
    Russia case tally rises to more than 423,000
    Germany's confirmed cases rise by 213 to 182,028


Lockdown, Day 69: Unlock 1.0 unleashes the bulls

Dalal Street was full of zest today as India set in motion Unlock 1.0 after more than two months of crippling nationwide curb.

Meanwhile, there appeared to be a growing consensus that India's budget deficit could touch its widest levels since 1991.

In other news, a debate has started over the speculation that epidemiologists may not have been properly consulted before imposing the drastic lockdown upon the country.

Here are the other top news of the day...

    51 new cases in Noida
    Indore tally rises to 3,539
    Five new cases in Chhattisgarh
    45 new cases in Assam, tally 1384
    NITI Aayog official tests positive
    7 new cases in Manipur, total reaches 78
    105 new cases in AP; tally goes up to 3,674
    25 new cases in Jharkhand, tally reaches 635
    Odisha reports 156 new cases, tally reaches 2104
    93 more Maharashtra Police personnel test positive
    4 fresh cases reported in Puducherry, tally rises to 49


    Delhi's borders to be sealed for a week
    DGCA: Keep middle seats vacant to extent possible
    AP not to unlock borders for inter-state movement
    No Dabur, Nestle at CAPF canteens in swadeshi push
    Railways' first isolation coach deployed in Delhi
    Barbershops, salons to open in Delhi, spas to remain shut
    Punjab imposes Covid Cess on liquor
    UP extends timings for liquor shops from 10 am to 9 pm

    MakeMyTrip lays off 350 employees
    India's factory slump deepens in May
    Hyundai sales decline 79 per cent in May
    India's May jobless rate at 23.48%, says CMIE
    Sensex soars 879.42 points to end at 33,303.52
    Petrol sales down 36.5%, diesel down 31% in May
    Auto sector capex falls a staggering 18% in FY20
    Power consumption dips 14% in May due to lockdown
    Mahindra sales dip 79% in May, exports fall 80 pc
    Retail credit drops to record low during lockdown
    Covid to shave $25 bn off from top 100 brands' value
    ATF price up by 50%, LPG cylinder to cost Rs 11.5 more
    Cabinet approves Rs 50K crore equity infusion for MSMEs
    New MSME definition pegs medium firms at turnover of Rs 250 cr

    Indonesia reports 467 new infections
    Russia reports 9,035 new infections
    Pakistan reports 2,964 new cases
    Singapore reports 408 new cases
    World Bank: Palestinian economy could shrink by 11%
    Russian Covid drug to be delivered to hospitals in June
    Greece lifts its lockdown on hotels, pools, golf courses.