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Friday, June 12, 2020

Lockdown, Day 80: Climb up the reform ladder

CORONAVIRUS UPDATES

12 Jun, 2020 | 05:36 PM IST


Lockdown, Day 80: Climb up the reform ladder

On a day when India saw the sharpest spike of almost 11,000 new coronavirus cases, IMF hinted at extreme global poverty as a result of the crisis. It suggested that more funds will be needed in addition to the already spent $10 trillion by governments across the world.

On a brighter side, S&P Global predicts India's economic growth potential in medium and long-term is 6.5-7 per cent but reforms are critical for the country to get back to recovery after deep shock this year.

Track this space for latest updates...



COUNT SO FAR
    Goa reports 30 new cases, 417 till now
    Nagaland reports 9 new cases , tally at 156
    Odisha count reaches 3,498 with 112 new cases
    Jharkhand's total cases reach 1,607
    Puducherry case count stands at 163
    Rajasthan logs 11,930 cases
    207 new cases in AP; aggregate rises to 5,636
    Tripura count stands at 916
    Imphal's total cases reach 385
    Uttarakhand reports 37 new cases, tally 1,692

WORLD INDIA
Tally Toll Tally Toll
7,502,278 421,032 297,535 8,498

LIFE UNDER LOCKDOWN
    HC, lower courts heard over 18 K cases via video conference
    BCCI cancels India's tours to Sri Lanka, Zimbabwe
    SBI relaunches online savings account opening facility
    Google to show testing centres on Search, Assistant and Maps
    Lockdown relaxations in Maharashtra not being revoked


BUSINESS AND ECONOMY
    GST Council Meet: FM gives relief to small taxpayers
    Sensex stages 1400 points rebound, ends 243 points higher
    Rupee settles 5 paise lower at 75.84 against US dollar
    Shoppers Stop lays off more than 1,100 employees
    S&P predicts serious local epidemic, enduring financial and corporate distress in India
    M&M Q4 results: Firm posts net loss of Rs 3,255 cr
    Average housing prices up 38% in last decade
    Maruti drives in Celerio S-CNG version at Rs 5.36 lakh
    Govt to give 50% subsidy for fruit, vegetable transport


AROUND THE WORLD
    Germany's confirmed cases rise by 258 to 185,674
    More than 900 die in US in 24 hours
    China reports 7 new cases, total at 83,064
    Russia reports 8,779 new infection cases
    Indonesia reports 1,111 new cases, 48 deaths
    Philippines records 615 more cases, 16 deaths
    UK economy shrinks by record 20.4% in April
    Singapore reports 463 COVID-19 cases


DEBATE THIS
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