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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


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