Ever wonder how much closing down factories for a week could cost? India found out today. The country's industrial production witnessed a record low of - 16.7% in March.
PM Modi announced a nation-wide lockdown on March 25.
That's not all. In April alone, the lockdown cost 27 million youth their jobs. However, things are slowly beginning to look up, as more and more industries start back up in May.
Here are the latest updates from today:
COUNT SO FAR:
- Indore case count crosses 2,000-mark
- Tamil Nadu reports 716 new cases; state's tally now 8,718
- Jharkhand reports another case, total count mounts to 161
- Kerala reports 5 new cases. The state's total case count is at 529
- Karnataka case count reaches 925
- 362 new cases in Gujarat takes state tally to 8904
- Nagpur cases climb to 300; Maharashtra now has 23,401 cases
- Bihar reports 12 more cases; state tally rises to 761
- Rajasthan case count crosses 4,000-mark
- Delhi reports 406 new cases; tally rises to 7,639
| World |
|
India |
|
| Tally |
Toll |
Tally |
Toll |
| 4,178,156 |
286,353 |
70,756 |
2,293 |
- HC dismisses plea for door to door testing in Mumbai
- 575 "shramik special" trains operated by Indian Railways
- Railways makes installing Aarogya Setu mobile app 'mandatory' for travel
- Maharashtra allows home delivery of alcohol, but to those with a permit
- Air India HQ sealed after employee tests positive
BUSINESS AND ECONOMY:
- IIP at record low, shrinks 16.7 per cent in March
- CPI not compiled for April 2020
- Sensex stages 526 points recovery
- Finance Ministry releases Rs 6,195 crore to 14 states
- PSBS sanctions loans worth Rs 6 lakh crores in 2 months
- Bandhan Bank Q4 profit declines 29% QoQ
- Urban Company sees revenue soar 103% in FY20
- ArcelorMittal offers $2 bln of shares, convertibles at discount
- Maruti Suzuki restarts its Manesar plant
- Hyatt to lay off 1,300 employees
AROUND THE WORLD:
DEBATE THIS: