Lockdown, Day 36: India sets off rating alerts India crossed two grim milestones in the last 24 hours, with the total number of cases topping 30,000 — ending the day at 31,411 — and the death toll going past 1,000. Both the number of new cases, at 1,897, and fatalities (73) reported in the last 24 hours, were the highest reported in a single day so far. Mumbai alone has now reported more than 6,000 cases. Meanwhile, India's economic outlook is getting bleaker by the day. Fitch slashed the GDP estimate to 0.8% from 5.6% in December. Moody's downgraded India's growth estimate to 0.2% from 2.5% it had assessed in March. Here are the developments so far...
COUNT SO FAR  | 94 new cases in Indore; MP state tally nears 1,500 | | Mumbai reports more than 6,000 cases | | Rajasthan now has 2,383 cases | | 20 more cases in Uttar Pradesh | | AP reports 73 more cases; tally climbs to 1,332 | | Karnataka case count rises to 532 | | Haryana case count climbs to 308 | | Agra reports 21 new cases; district tally now 425 | | Odisha reports 3 more cases; state tally climbs to 122 | | Bihar reports 12 more cases; tally climbs to 378 | | World | | India | | | Tally | Toll | Tally | Toll | | 31,17,880 | 2,17,212 | 31,332 | 1,007 | BUSINESS AND ECONOMY | Sensex rallies 606 pts; Nifty tops 9,500 | | No salaries for April, May for SpiceJet pilots | | Jio Q4 results preview: Profit likely to double | WORLD ECONOMY | US oil jumps more than 14%, above $14 a barrel | | Alphabet-Google profit up despite ad slump | | VW sees 'severe' virus impact but no annual loss ahead | | Airbus posts 481 mln euro Q1 loss | | Fitch downgrades Italy rating to BBB- | | Euro zone economic sentiment crashes to 67.0 points - steepest fall ever | | Saudi reserves plunge the most in 2 decades | GLOBAL TALLY | Over 2,200 deaths in 24 hours in the US, total tally tops 1 million | | IMF approves $3.4 bn aid to Nigeria | | Mainland China reports 22 new cases vs 6 a day earlier | | Mexico's registers 1,223 new cases, 135 deaths | | Italy cases top 2,00,000 | | Singapore reports 690 new cases, mostly foreign workers | ET SURVEY | Can India hit the ground running? Tell us what you think | | |
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