India's IT sector employees aren't just battling the economic repercussions of COVID-19 but also artificial intelligence-based platforms, automation tools and other digital technologies.The country's top five IT services providers have hired fewer people over the last five years, thus impacting white-collar employment.
India witnessed the highest spike of cases with nearly 9,000 testing positive, and the total cases breaching the 2 lakh mark.
On the other hand, IndiGo continues to add planes to its fleet despite the Covid squeeze. Perhaps the
economy will spring a happy surprise soon.
Track this space for latest updates...
COUNT SO FAR
- Assam reports 111 new cases, state tally rises to 1,672
- Indore reports 27 COVID-19 cases, total at 3,597.
- Highest single-day spike of 396 COVID-19 cases in Bengal
- Nagaland's Covid tally rises to 58
- Rajasthan reports 102 cases, total at 9475
- 47 Maharashtra Police personnel test positive, total at 2,556
- 51 cases reported in Jharkhand, total at 726
- Andhra Pradesh reports 79 cases, total at 3,279
- Kerala reports 82 new cases, total at 1,494
- Tamil Nadu reports 1286 new cases, total at 25,872
- Punjab reports 34 new cases, total at 2,376
- Karnataka reports 267 new cases, total at 4,063
- Madhya Pradesh reports 168 new cases, total at 8,588
- Maharashtra reports 2,560 new cases, tatal at 74, 860
World |
|
India |
|
Tally |
Toll |
Tally |
Toll |
6,395,328 |
380,580 |
198,706 |
5,598 |
LIFE UNDER LOCKDOWN
BUSINESS AND ECONOMY
- Moody's downgrades ratings of 8 firms, 3 banks
- Services activity contracts sharply in May, firms cut jobs: PMI
- PSBs disburse Rs 3,893-crore loans to MSMEs
- Govt approves setting up of EGoS & PDCs to attract investments
- Cabinet approves amendments to Essential Commodities Act
- VIP Industries said it might take a 50 per cent hit on its top line in FY21
- Hyundai launches end-to-end online car buying platform 'Click to Buy'
- Around 42 crore poor received financial assistance of Rs 53,248 cr under PMGKP
- Indigo will continue adding Airbus A320neo jets to its fleet
- Power Minister formally launches real-time power market
- Mahindra counts loss of 87,000 vehicles, 30,000 tractors in Q1
- IT spending in India to fall 8% in 2020 due to COVID, first fall in 5 years: Gartner
- Government eyes $17 billion investment proposals to boost local manufacturing
- US launches investigations on India’s equalisation levy on global digital majors
- Uday Kotak takes over as CII president
AROUND THE WORLD
- US has most cases at more than 2.9 million
- Europe has highest death toll at 182,000
- No evidence of coronavirus changing its severity: Experts
- Plasma therapy safe, effective for severe Covid-19 patients: Study
- Coronavirus cases in Singapore cross 36,000-mark
- Putin declines British invitation to take part in coronavirus summit
- T20 World Cup could be held in New Zealand, suggests Dean Jones
- 201 more cases reported in Nepal, total at 2300
- Australia heading for recession after economy contracts
- Zimbabwe raises $20 million in treasury bills sales to fight coronavirus
- Suez canal revenues fall by 9.6% in May due to coronavirus
- Video-meeting service Zoom said it made a profit of $27 million
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