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Lockdown, Day 73: Losing count

India’s Covid counters are clicking away, faster than ever with infections and deaths doubling in just over a fortnight.

If the pattern continues, India could cross three lakh cases, just as Tirupati and other religious places reopen to devotees.

President Trump’s favourite drug - hydroxycholroquine - just might not be that effective, with a recently retracted study finding that HCQ wasn’t much of a prophylaxis for COVID-19.

Here are the other updates from today...


COUNT SO FAR
    46 new cases in Uttarakhand; tally now 1,199
    Bihar reports 99 more cases; tally up to 4,551
    One more case takes Arunachal total to 42
    Toll in J-K rises to 36
    Andhra Pradesh now has 3,427 cases
    8 inmates test positive in Sabarmati Jail
    Rajasthan reports 68 new cases; tally now 9930
    Total number of cases in Jharkhand stands at 843

World
India
TallyTollTallyToll
66,32,9853,91,1362,26,7706,348

LIFE AND HEALTH
    Tirupati to reopen for devotees on June 8
    UPSC prelims on October 4; main on January 8, 2021
    DU cancels exams for UG students
    Sun Pharma starts phase-2 trials for potential drug

BUSINESS AND ECONOMY
    Sensex ends 307 points up; Nifty tops 10,150
    JSW Steel to raise up to Rs 1,000 cr via NCDs
    Rupee settles on a flat note at 75.58 vs dollar
    SBI Q4 profit jumps 4-fold to Rs 3,581 crore
    Domestic apparel makers report 84% drop in May sales
    Hyundai MD sees a faster recovery for India than others
    America's DFC to invest $350 million in India
    RBI sets up a Rs 500 cr digital payments infra fund

AROUND THE WORLD
    Mexico reports record 4,442 new cases
    China reports eight new cases
    Germany's confirmed cases rise to 183,271
    Pakistan reports record 4,896 cases; toll reaches 1,838
    Singapore retail sales post record 40.5% fall in April
    Czechs drop travel curbs for Austria, Germany, Hungary
    Brazil toll surges to third-highest in world
    Wuhan discharges last three patients

Lockdown, Day 72: The sinking bottom line

The world’s largest lockdown has fueled the biggest earnings decline in at least six years for India. Profits at NSE Nifty 50 Index members fell about 15% last quarter from the same period last year.

That's not all. Bajaj boss Rajiv Bajaj today said that the lockdown may have flattened the wrong curve for India.

Here are the latest updates...



COUNT SO FAR
    UP cases cross 9,000 mark
    68 new cases in Rajasthan; tally reaches 9,720
    Maharashtra sees two deaths; 63 fresh cases in Nashik
    98 new cases take AP's count to 3,377
    Chhattisgarh cases tally rises to 680
    47 more test positive in Assam
    90 test positive in Odisha, total count 2,478
    Two die in Uttarakhand; tally rises to 1,145
World
India
TallyTollTallyToll
65,13,3012,17,967216,9196,075

BUSINESS AND ECONOMY
    Sensex snaps 6-day winning run, drops 129 pts
    India's edible oil imports in May lowest since 2011
    Construction sector to see 12-16% decline in investment in FY21, says Crisil
    M&M tractor sales fall 1% in May, exports slump 72%

AROUND THE WORLD
    World food price index hits 17-month low in May
    US services sector contracts for 2nd straight month
    Germany appoves $146-billion stimulus package
    Pakistan surpasses China in cases, infections surge to 85,246
    Nepal economy to suffer $1.4 billion hit due to pandemic
    Germany's cases rise by 394; tally at 1,82,764
    France's death toll crosses 29,000
    France cancels 2020 Bastille Day parade