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    Friday, May 8, 2020

    Lockdown, Day 45: Wrong curve flattened

    CORONAVIRUS UPDATES

    8 May, 2020 | 05:41 PM IST


    Lockdown, Day 45: Wrong curve flattened

    The pandemic seems to be bringing India's growth curve closer and closer to zero, with ratings agency Moody's revising their projections for FY21 once more, after already having downgraded twice before, first to 2.5% and then to 0.2%.

    Even as India slowly starts going back to work, the country has reported just shy of 10,000 cases in the last three days, with 3,380 of them being reported in the last 24 hours.

    Here are the top developments of the day...



    COUNT SO FAR
      Fresh case in Himachal; tally rises to 48
      15 more cases in Telangana; tally now 1,122
      26 new cases takes Rajasthan tally to 3453
      Madhya Pradesh's Ujjain reports 19 fresh cases
      26 test positive in Odisha
      24 BSF personnel test positive in Tripura; state tally now 88
      54 new cases take Andhra tally to 1887
      45 new cases in Karnataka; state tally reaches 750
      Death toll in Indore now 86; tally climbs to 1,727
      Cases in Thane jump to 1,655
      5,980 cases in Delhi
      514 patients, 5 deaths in paramilitary forces
      Death toll rises to 41 in Andhra Pradesh
    World India
    Tally Toll Tally Toll
    38,45,607 2,69,564 56,342 1,886

    ECONOMY AND BUSINESS
      India may see 0% GDP growth this fiscal year: Moody's
      Sensex ends 199 pts higher; Nifty holds above at 9,250
      SBI hikes home loan rates by up to 30 basis points
      China-backed AIIB approves $500 mn loan for India
      Samsung resumes operations at Noida factory
      IndiGo reinstates paycuts for senior staff
      Chinese ZTE cuts down 30% jobs in India

    LIFE UNDER LOCKDOWN
      CBSE to conduct pending Class 10, 12 board exams from July 1 to 15
      Maharashtra seals borders to curb liquor smuggling
      Mahindra launches online sales platform
      H-1B visa denial rates at 30% for first qtr of FY20

    AROUND THE WORLD
      Uber loses $2.9 bn, offloads bike & scooter business
      US records 2,448 deaths in 24 hours; toll now 75,543
      Germany now has 167,300 cases
      Mexico now has 29,616 cases; 2,961 deaths
      Pakistan reports record 1,764 new cases; death toll nears 600
      Russia reports over 10,000 cases for sixth straight day

    DEBATE THIS
      Is it time to allow home delivery of alcohol? Tell us here


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