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    Monday, June 1, 2020

    Lockdown, Day 69: Unlock 1.0 unleashes the bulls

    CORONAVIRUS UPDATES

    1 Jun, 2020 | 05:42 PM IST


    Lockdown, Day 69: Unlock 1.0 unleashes the bulls

    Dalal Street was full of zest today as India set in motion Unlock 1.0 after more than two months of crippling nationwide curb.

    Meanwhile, there appeared to be a growing consensus that India's budget deficit could touch its widest levels since 1991.

    In other news, a debate has started over the speculation that epidemiologists may not have been properly consulted before imposing the drastic lockdown upon the country.

    Here are the other top news of the day...



    COUNT SO FAR
      51 new cases in Noida
      Indore tally rises to 3,539
      Five new cases in Chhattisgarh
      45 new cases in Assam, tally 1384
      NITI Aayog official tests positive
      7 new cases in Manipur, total reaches 78
      105 new cases in AP; tally goes up to 3,674
      25 new cases in Jharkhand, tally reaches 635
      Odisha reports 156 new cases, tally reaches 2104
      93 more Maharashtra Police personnel test positive
      4 fresh cases reported in Puducherry, tally rises to 49

    World India
    Tally Toll Tally Toll
    61,52,160 3,71,700
    1,90,535 5,394

    LIFE UNDER LOCKDOWN
      Delhi's borders to be sealed for a week
      DGCA: Keep middle seats vacant to extent possible
      AP not to unlock borders for inter-state movement
      No Dabur, Nestle at CAPF canteens in swadeshi push
      Railways' first isolation coach deployed in Delhi
      Barbershops, salons to open in Delhi, spas to remain shut
      Punjab imposes Covid Cess on liquor
      UP extends timings for liquor shops from 10 am to 9 pm

    BUSINESS AND ECONOMY
      MakeMyTrip lays off 350 employees
      India's factory slump deepens in May
      Hyundai sales decline 79 per cent in May
      India's May jobless rate at 23.48%, says CMIE
      Sensex soars 879.42 points to end at 33,303.52
      Petrol sales down 36.5%, diesel down 31% in May
      Auto sector capex falls a staggering 18% in FY20
      Power consumption dips 14% in May due to lockdown
      Mahindra sales dip 79% in May, exports fall 80 pc
      Retail credit drops to record low during lockdown
      Covid to shave $25 bn off from top 100 brands' value
      ATF price up by 50%, LPG cylinder to cost Rs 11.5 more
      Cabinet approves Rs 50K crore equity infusion for MSMEs
      New MSME definition pegs medium firms at turnover of Rs 250 cr

    AROUND THE WORLD
      Indonesia reports 467 new infections
      Russia reports 9,035 new infections
      Pakistan reports 2,964 new cases
      Singapore reports 408 new cases
      World Bank: Palestinian economy could shrink by 11%
      Russian Covid drug to be delivered to hospitals in June
      Greece lifts its lockdown on hotels, pools, golf courses

    DEBATE THIS
      India should forget catching up with China in growth. Agree? Tell us HERE


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