Lockdown, Day 24: RBI pulls out Swiss knife In a renewed effort to pave the way for a recovery, the Reserve Bank of India today announced various measures to deal with the collateral damage from the coronavirus pandemic. Amid a general ramp-up in screening and testing for the disease, Gujarat became the third state to register 1,000 Covid positive cases. Below are the other major developments during the day.
COUNT SO FAR:  | Eight deaths in Indore, and 245 new cases. | | Two deaths in Gujarat, brings death tally to 38; cases up to 92. | | 62 new cases in Delhi, total up to 1,640. | | 38 new cases in Rajasthan, 1,169 in total. | | 38 new cases in Andhra Pradesh, tally rises to 570. | | 38 new cases in Karnataka, tally up to 353. | | 34 new cases in Maharashtra, total now 3,236. | | Three new cases Bihar, tally up to 83. | | Three new cases in Chhattisgarh, case total now 36. | | World | | India | | | Tally | Toll | Tally | Toll | | 21,65,500 | 1,45,705
| 13,387 | 437 | BUSINESS: | Boeing to restart commercial production next week. | | SIAM urges government to temporarily cut GST taxes by 10%. | | Discoms to suffer Rs 30,000 crore revenue loss due to lockdown. | RBI MEASURES: | Reverse repo rate has been cut by 25 bps to 3.75%. | | States Ways and Means Allowance limit increased by 60%. | | A second tranche of TLTRO worth Rs 50,000 crore. | | Liquidity Coverage Ratio has been brought down to 80% from 100%. | | Rs 1.2 lakh crore fresh currency pumped into the system. | AROUND THE WORLD: | US cases up to 6,50,00; deaths over 33,000. | | Germany's cases rise by 3,380. | | Belgium deaths cross 5,000. | CHINA: | 26 new cases reported in the Mainland | | China posts 6.8% decline in GDP; first decline in decades. | | China revises Wuhan death toll to 3,869; 50% increase. | | |
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