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    Wednesday, June 3, 2020

    Lockdown, Day 71: Mixed messages ahead

    CORONAVIRUS UPDATES

    3 Jun, 2020 | 09:05 PM IST


    Lockdown, Day 71: Mixed messages ahead

    India's IT sector employees aren't just battling the economic repercussions of COVID-19 but also artificial intelligence-based platforms, automation tools and other digital technologies.The country's top five IT services providers have hired fewer people over the last five years, thus impacting white-collar employment.

    India witnessed the highest spike of cases with nearly 9,000 testing positive, and the total cases breaching the 2 lakh mark.

    On the other hand, IndiGo continues to add planes to its fleet despite the Covid squeeze. Perhaps the economy will spring a happy surprise soon.

    Track this space for latest updates... COUNT SO FAR
      Assam reports 111 new cases, state tally rises to 1,672
      Indore reports 27 COVID-19 cases, total at 3,597.
      Highest single-day spike of 396 COVID-19 cases in Bengal
      Nagaland's Covid tally rises to 58
      Rajasthan reports 102 cases, total at 9475
      47 Maharashtra Police personnel test positive, total at 2,556
      51 cases reported in Jharkhand, total at 726
      Andhra Pradesh reports 79 cases, total at 3,279
      Kerala reports 82 new cases, total at 1,494
      Tamil Nadu reports 1286 new cases, total at 25,872
      Punjab reports 34 new cases, total at 2,376
      Karnataka reports 267 new cases, total at 4,063
      Madhya Pradesh reports 168 new cases, total at 8,588
      Maharashtra reports 2,560 new cases, tatal at 74, 860
    World India
    Tally Toll Tally Toll
    6,395,328 380,580 198,706 5,598

    LIFE UNDER LOCKDOWN
      Retailers avoid discounting to meet social distancing norms
      Gujarat makes hospitalisation mandatory for COVID test
      10% of India's population above 60 accounts for 50% of Covid deaths
      India's coronavirus cases cross 200,000, peak still weeks away
      Railways announces 5 intra-state special trains in Odisha
      US to ship first tranche of 100 donated ventilators to India next week
      Rajasthan Roadways resumes bus services on 200 routes
      Air India flight carrying 153 Indian nationals from Dubai lands
      PM approves establishment of PCIM&H under AYUSH
      Certain categories of foreign nationals allowed to come to India
      Spike in MGNREGS numbers reveals impact of lockdown

    BUSINESS AND ECONOMY
      Moody's downgrades ratings of 8 firms, 3 banks
      Services activity contracts sharply in May, firms cut jobs: PMI
      PSBs disburse Rs 3,893-crore loans to MSMEs
      Govt approves setting up of EGoS & PDCs to attract investments
      Cabinet approves amendments to Essential Commodities Act
      VIP Industries said it might take a 50 per cent hit on its top line in FY21
      Hyundai launches end-to-end online car buying platform 'Click to Buy'
      Around 42 crore poor received financial assistance of Rs 53,248 cr under PMGKP
      Indigo will continue adding Airbus A320neo jets to its fleet
      Power Minister formally launches real-time power market
      Mahindra counts loss of 87,000 vehicles, 30,000 tractors in Q1
      IT spending in India to fall 8% in 2020 due to COVID, first fall in 5 years: Gartner
      Government eyes $17 billion investment proposals to boost local manufacturing
      US launches investigations on India's equalisation levy on global digital majors
      Uday Kotak takes over as CII president

    AROUND THE WORLD
      US has most cases at more than 2.9 million
      Europe has highest death toll at 182,000
      No evidence of coronavirus changing its severity: Experts
      Plasma therapy safe, effective for severe Covid-19 patients: Study
      Coronavirus cases in Singapore cross 36,000-mark
      Putin declines British invitation to take part in coronavirus summit
      T20 World Cup could be held in New Zealand, suggests Dean Jones
      201 more cases reported in Nepal, total at 2300
      Australia heading for recession after economy contracts
      Zimbabwe raises $20 million in treasury bills sales to fight coronavirus
      Suez canal revenues fall by 9.6% in May due to coronavirus
      Video-meeting service Zoom said it made a profit of $27 million

    DEBATE THIS
      Is India guilty of taking rating agencies too seriously? Tell us here


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