Lockdown, Day 37: Make-or-break May for India India should be "cleverer" in lifting the lockdown and should open up its economy in a "measured way" soon to save jobs, former RBI governor Raghuram Rajan said today. Compared to other countries, India has been faring fairly well, with a slower doubling and lower mortality rate than the US, Italy, Spain, UK. As the May 3 deadline nears, the next month could be make-or-break for India's virus fight. Meanwhile, India's core sector output slipped into red in March, after hitting an 11-month high in February. Here are all the latest developments... COUNT SO FAR | Cases rise to 128 in Odisha | | Pune reports 127 new cases; 71 new cases in Nashik | | 2 more deaths, 86 new cases in Rajasthan | | Andhra reports 71 new cases; state tally nears 1,500 | | 69 fresh cases in UP, total climbs to 2,203 | | Karnataka reports 22 new cases; tally climbs to 557 | | 4 new cases reported in Bihar | | Assam reports four more cases | | Haryana reports 18 more cases; state tally reaches 329 | World | | India | | Tally | Toll | Tally | Toll | 31,93,886 | 2,27,638 | 33,610 | 1075 | BUSINESS AND ECONOMY | Sensex soars 997 pts; Nifty ends April F&O series at 9,860 | | Core sector output shrinks 6.5% in March | | Rupee settles 57 paise higher at 75.09 vs dollar | | RBI extends Fixed Rate Reverse Repo and MSF window | | RBI may raise promoter cap in private banks | | RBI grants more time to banks to file regulatory returns | | RBI extends market trading hours from 10 am to 2 pm till further notice | | HUL Q4: Profit drops 3% to Rs 1,520 crore | | SpiceJet to pay part salaries to over 92% employees in April | | Reliance announces pay cuts, Ambani to forgo entire pay | | Vistara temporarily modifies in-flight services | GLOBAL FALLOUT | Dow profit falls on lower prices, virus-led slowdown hurts demand | | China's manufacturing weakens in April | | France GDP falls 5.8% in Q1 | | Global gold demand sees modest growth in Q1 on lockdown-led disruptions | | Germany unemployment rate leaps by 13.2% to more than 2.6 mn in April | | Shell cuts dividend for first time since WW 2 | | Italy GDP plunges 4.7% in Q1, steepest quarterly drop in 25 years | WORLD TALLY | US records 2,502 deaths in past 24 hrs; total toll tops 60,000 | | Russia's case tally passes 100,000 | | UK admits it could miss 100,000 daily virus tests target | | Iran virus death toll surges past 6,000 | | Spain daily virus death toll drops below 300 | ET SURVEY | Can India hit the ground running? Tell us what you think | | |
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