Lockdown, Day 66: Economy takes a deep dive India's GDP slowed to 3.1 per cent in Q4 of FY20 as against 4.7 per cent in Q3. This is the lowest growth rate in 8 years so far in the current series. However, India reported a better than expected growth rate of 4.2% in FY20. Add to this, the 2-month long lockdown has led to a 38 per cent contraction in core sector output for April . The data measures the productivity of 8 core industries which account for 40 per cent of India's index of industrial production. Track this space for latest updates...
COUNT SO FAR  | Rajasthan reports 91 new cases, tally rises to 8,158 | | Odisha reports 63 new cases; total rises to 1,723 | | Himachal Pradesh logs 291 cases | | 30 new cases in Assam, total count 910 | | Manipur case count stands at 58 | | Delhi reports 1106 new cases, tally reaches 17,386 | | Karnataka registers 178 new cases, tally at 2,711 | | Uttarakhand reports 102 new cases, total at 602 | | Andhra count rises to 2,874 with 33 new cases | | Puducherry case count stands at 35 | | Nagaland reports 7 new cases, total rises to 25 | | World | | India | | | Tally | Toll | Tally | Toll | | 5,803,416 | 359,791 | 165,799 | 4,704 | LIFE UNDER LOCKDOWN | Travel resumption Day 4: 494 domestic flights, 38,078 passengers | | Quarantine must for rail passengers with symptoms in MP | | Two floors of Parliament sealed after official tests positive | | Decision to open shops in malls soon | | ITC Hotels partners with Swiggy to offer dining options to customers | BUSINESS AND ECONOMY | Sensex takes winning run to 3rd day, rises 224 points | | Rupee settles 14 paise higher at 75.62 against US dollar | | Home Credit India lays off 1800 employees | | Motilal Oswal announces bonuses and promotions amid outbreak | | Indian IT eyes captives as global cos rejig operations | | Farm wages doubled in many agricultural districts | | Economy needs support from PSBs: Union Bank | GLOBAL ECONOMY | Renault announces nearly 15,000 job losses worldwide | | Volkswagen invests 2 bn euros in Chinese EV sector | | COVID-19 could cause USD 8.5 trillion loss in global output: UN Sec Gen | | British lender Nationwide reports 44% profit slump | | Japan backs nearly a third of $6.6 billion loans to Nissan | | Finland in recession after Q1 GDP shrinks 0.9% Q/Q | | Italy Q1 GDP sharply revised down to -5.3% q/q | AROUND THE WORLD | US death toll at 101,573, cases at 1,720,613 | | Thailand reports 11 new cases, total stands at 3,076 | | Germany's confirmed cases rise by 741 to 180,458 | | Cases in Pakistan cross 64,000-mark, death toll hits 1,317 | | Singapore cases reach 33,860 | | Russia has highest daily spike of 232 deaths | | Indonesia reports 678 new cases, 24 deaths | DEBATE THIS Do you think India messed up the lockdown? Tell us here | |
|