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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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