Tuesday, 2 June 2020

Lockdown, Day 70: India faces a paradigm shift

CORONAVIRUS UPDATES

2 Jun, 2020 | 05:28 PM IST


Lockdown, Day 70: India faces a paradigm shift

India's May gold imports fell by 99 per cent from a year ago amid a nationwide lockdown. This, when India is the second largest consumer of the precious metal. In some good news, CMIE data showed that improved labour market conditions have added 21 million jobs last month.

A study by Elara Securities Inc. has put 5 Indian states in good light as they seem to have outgrown the pandemic slump. Kerala, Punjab, Tamil Nadu, Haryana and Karnataka are contributing nearly 27 per cent to the country's GDP.

Track this space for latest updates...



COUNT SO FAR
    12 people test positive in Mizoram
    102 new cases in Tripura, total rises to 423
    Odisha reports 141 new cases, tally at 2,245
    Rajasthan reports 171 new cases; tally 9,271
    Andhra tally reaches 3,791 with 115 more cases
    Manipur case count stands at 85
    Jharkhand logs 675 cases
    Maharashtra's Aurangabad records 55 new cases; tally at 1,642
    Uttarakhand reports 41 new cases; total hits 999
    Assam tally reaches 1513, toll at 4
    Mumbai's Dharavi logs 1830 cases, toll 71

World India
Tally Toll Tally Toll
6,365,473 377,404 198,706 5,598


LIFE UNDER LOCKDOWN
    Trading hours for agri-commodities revised to 9 am-9 pm
    'Delhi Corona' app launched, to give info about bed availability
    IITs chalk out plan for graduating students
    Lockdown led to 30% surge in resumes from job seekers
    Chhattisgarh to hold final year varsity exams after lockdown ends
    Telecom industry wary of rushing staff back to office
    Delhi's famous markets Sarojini, Lajpat Nagar start opening

BUSINESS AND ECONOMY
    Sensex takes winning run to 5th day, up 522 points
    Bajaj Auto total sales plunge 70 percent in May
    India will definitely get its growth back: PM Modi
    Tata Motors resumes operations across all manufacturing plants
    Govt starts inviting application for Rs 50,000 cr electronic incentive schemes
    Carmakers offer teaser loans as RBI softens stance
    JSW Steel's crude steel output falls over 14 pc in May
    India unlikely to slip to junk status: BofA
    82% Indians bear financial brunt of coronavirus pandemic: Survey

AROUND THE WORLD
    Global LNG demand faces first contraction in 8 years: Wood Mackenzie
    US CBO projects virus could trim GDP by $15.7 trillion
    French economy to contract by 11% in 2020: FM
    ISO sees global sugar deficit of 9.3 mn tonnes in 2019/20
    Indonesia's April foreign tourist arrivals plunge 87.4% y/y
    China reports 15 new cases, total at 83,022
    US records 743 new deaths, toll hits 105,099
    UK death toll hits 49,646
    Russia case tally rises to more than 423,000
    Germany's confirmed cases rise by 213 to 182,028


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