COVID-19 pandemic: CARE Ratings expects GDP growth at 1.1% in current financial year
The note also said that currently, the agency is not sure when the pandemic will subside or end and what would be the wider ramifications of the same.... Read More
The novel coronavirus, or COVID-19, pandemic has spread across 185 countries and territories. Today is the thirty first day of India’s nationwide lockdown, which has been extended till May 3. Confirmed COVID-19 cases in India stand at 23,077. The death toll from the outbreak in India is at 686. Maharashtra, Gujarat and Delhi have reported the highest number of cases.
Globally, there have been over 27 lakh confirmed cases of COVID-19. At least 1.9 lakh people have died so far. The United States, Spain, Italy, France, Germany and the UK are the most-affected countries. The outbreak continues to have a major impact on the global economy. Catch the latest updates here:
Nine more COVID-19 positive cases have been reported in Bihar; taking the total number of cases to 223. Further contact tracing is on. (ANI)
US President Donald Trumpsignsa $484 billion bill that aids employers and hospitals under stress from the COVID-19pandemic. (AP)
Window for buying essentials curtailed in Ghaziabad; vegetable andfruit vendors to remain open till 2 pm, grocery stores till 4 pm. (PTI)
Licence fees for commercial establishments at bus stations, roadside refreshment stalls, advertisements on buses &passenger information system boards at bus stations (except mobile towers & ATMs) have been waived off for lockdown period: Karnataka State Road Transport Corporation
After "serious" poisoning and deaths were reported, the Food and Drug Administration warned consumers against taking malaria drugs chloroquine and hydroxychloroquine to treat COVID-19 symptoms, CNBC has reported.
The agency also warned physicians against prescribing the drugs to treat the coronavirus outside of a hospital.
It has come to notice that video has been circulating in social media regarding instructions being given for not reciting Azaan by Police. Delhi Police already communicated that no such instructions have been given and have clarified the same in their advisory.
Disciplinary Action is being taken against the erring Police Officials. Appeal to observe the holy month of Ramzan as per the advisory givento stay safe and follow lockdown in your and public interest.
Ramzan Mubarak! I pray for everyone’s safety, well-being and prosperity. May this Holy Month bring with it abundance of kindness, harmony and compassion. May we achieve a decisive victory in the ongoing battle against COVID-19 and create a healthier planet.
15th Finance Commission in meeting with its Advisory Council on 23-24 April, felt that impact of COVID-19 and national lockdown on Indian economy can come through slowdown in domestic activity, its impact on cash flows of financial institutions and business enterprises.
Further, loss of global demand for Indian products because of a steep global recession. Members were unanimous to suggest that projections of real GDP growth made before March 2020 needs to be re-looked entirely and revised downwards considerably.
People throng market in Shastri Park area in North East Delhi amid COVID-19 lockdown.
No new case has been reported in Mansara Apartment in Vasundhara Enclave in Delhi. Therefore, this containment zone is being de-contained. Operation Shield was successful because of cooperation from people living in this zone.
Six new coronavirus cases reported in Dharavi in Mumbai, taking total number of casesin area to 220 including 14 deaths.
