With the
GDP numbers expected on May 29, the
growth forecast is becoming more pessimistic by the day. While SBI's forecast points to a contraction of 6.8 percent,
CRISIL predicted the economy to shrink by 5 percent in the current fiscal.
Uber has fired 600 people in India across levels and teams on Tuesday. All this while India faces Chinese hostility at Ladakh's
Galwan river area.
Here are the other updates from the day...
COUNT SO FAR
- Total cases in Himachal Pradesh now stand at 223
- 20 fresh cases reported in CISF
- 76 new cases reported in Rajasthan
- 79 new cases reported today in Odisha
- 48 new cases reported in Andhra Pradesh
- 176 new cases in Rajasthan, tally at 7476
- COVID-19 cases rise to 3,103 in Indore
- 51 more cases reported in Uttarakhand today
- 2 new cases reported in Puducherry
- Karnataka reports 100 new cases
- Number of positive cases in Maharashtra Police rise to 1889
- Assam tally stands at 595 now
- India may keep COVID-19 deaths to less than 8,000: Health expert
- 4 new COVID-19 cases in Tripura, total rises to 198
- 412 new cases in Delhi, tally soars to 14,465
World |
|
India |
|
Tally |
Toll |
Tally |
Toll |
5,495,061 |
346,232 |
145,380 |
4,167 |
LIFE UNDER LOCKDOWN
BUSINESS AND ECONOMY
- Maruti to defer production from new car plant in Gujarat
- Airtel Payments Bank, Mastercard tie up for solutions for farmers, SMEs
- India first quarter GDP growth likely to be weakest since 2012: Reuters poll
- Not revising 2025 target nor holding back investments: Skoda India
- Kotak Bank set to launch $2 billion share sale
- Uber lays off 600 staff as Covid-19 hits ride-hailing business
- India's GDP growth seen at 1.2 pc for Q4 FY20: SBI report
- India’s unemployment rate was at 24.3% for the week ended May 24
- TVS Motor implements temporary pay cuts for employees
- Mutual funds add 7 lakh folios in April
- RBI to raise Rs 80,000 crore via cash management bills
- IT stocks drag Sensex into the red; Nifty settles at 9,029
- Covid impact: TikTok stares at a gloomy India picture
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