It's clear that keeping a nation under lock and key is costly - what with billion-dollar losses to industries and millions of people out of
jobs. But, reopening a stalled
economy isn't a cakewalk either. Industries are being allowed to open, but where are the workers? Production is starting back up, but who do you sell to when a majority of the population is still home?
The way numbers are rising, India's infection rate is predicted to peak in June. The country now has over 50,000 cases and recorded the highest number of fresh cases in a day - 3,600.
Here are the top developments of the day...
CASES SO FAR
World |
|
India |
|
Tally |
Toll |
Tally |
Toll |
37,55,341 |
2,63,831 |
52,952 |
1783 |
LIFE IN A LOCKDOWN
- Air India opens bookings for evacuation
- Visas, OCI cards for foreigners to remain suspended
- Cases in India to peak in June-July, no declining trend despite lockdown: AIIMS director
ECONOMY AND BUSINESS
- Banks drag Sensex 242 points lower; Nifty below 9,200
- SBI reduces MCLR; introduces special deposit for Senior Citizens
- 10% pay cut on CTC above 25L: Kotak Mahindra Bank
- HCL Tech Q4 results: Profit jumps 23%
- Domestic aviation industry to take Rs 25,000-cr hit
- Manufacturers predict salt shortfall
- MP amends labour laws to give more flexibility to companies
- BMW resumes operations at Chennai plant
AROUND THE WORLD
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