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    Monday, May 4, 2020

    Lockdown, Day 41: New phase, old fears

    CORONAVIRUS UPDATES

    4 May, 2020 | 05:34 PM IST


    Lockdown, Day 41: New phase, old fears

    Amid the worldwide struggle to adjust to a new normal, Sensex today joined global peers and crashed 2000 points. Meanwhile, there were new fears that a fresh surge in bad debt could hit growth and delay India's recovery from the pandemic.

    As the new phase of the nation-wide lockdown gets underway, businesses scramble to decode the fine print in ever-changing government guidelines. In the last 24 hours, the country added about 2500 cases, taking the tally close to the 43,000-mark.

    Here are the other big developments of today...



    COUNT SO FAR
      8 new cases in Ghaziabad; total cases rise to 82
      Rajasthan reports 4 deaths; 123 new cases
      One more case reported in Odisha; count rises to 163
      Dharavi reports 94 new cases and 2 deaths
      Karnataka reports 28 new cases; state tally rises to 642
      Andhra reports 67 new cases; state tally now 1,650
      Cases in Maharashtra's Thane rise to 1183
      No new cases in Kerala today
      West Bengal has the highest mortality rate in the country
    World India
    Tally Toll Tally Toll
    35,07,265 2,47,491 42,836 1,389

    LIFE IN A LOCKDOWN
      Two floors in Delhi BSF headquarters sealed
      Ola, Uber resume services in cities in green, orange zones
      UPSC IAS prelims 2020 postponed
      Many liquor shops in Delhi shut after crowd turns unruly
      Abbott's lab-based antibody tests to be available in India by May-end

    ECONOMY AND BUSINESS
      India April manufacturing PMI at all-time low of 27.4
      Sensex bleeds 2,002 pts; Nifty slips below 9,300
      Crude oil prices fall on US-China tensions
      April petrol sales down 61%; diesel down 57%
      Power consumption drops 23% in April
      Amazon, Flipkart to increase warehouses
      65% companies expect 40% hit to revenue in Q1
      Hero MotoCorp resumes operations at three facilities
      Bajaj Auto reports zero domestic sales in April
      Securities Appellate Tribunal to remain closed till May 15

    WORLD UPDATES
      Global cases surpass 3.5 million
      US deaths rise by 1,450 in 24 hours
      S.Korea's April factory activity suffers as exports shrink at record pace
      Hong Kong's economy shrinks by 8.9%; worst performance since 1974
      Mexico reports 1,383 new cases, 93 more deaths
      China reports 3 new cases, all imported
      Pakistan's number of cases surges past 20,000
      Japan extends state of emergency to May 31

    DEBATE THIS
      Will partial lifting move India's economic needle? Tell us here


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