Page 77 - Latest Updates on Lockdown
India may have crossed 6.4 mn cases in May, ahead of US: Serosurvey
ICMR report found seroprevalence in the 0.62-1.03% range across four strata of districts, from zero to high level of cases; 30,283 households were visited in 700 clusters across 70 districts
 "India may have crossed 6.4 mn cases in May, ahead of US: Serosurvey")
Firms want men of many skills amid labour shortage and cost cutting
Hundreds and thousands of migrant workers, who had left for their home states in the early months of the Covid-19 pandemic in India, are yet to return
 "Firms want men of many skills amid labour shortage and cost cutting")
Kochi firm gets nod to test India's first novel molecule for Covid-19
PNB Vesper's drug developed from 12 years of research for small-cell lung cancer (for which it is under trial) has shown positive response in Covid-19, the firm claims
 "Kochi firm gets nod to test India's first novel molecule for Covid-19")
Industrial production shrinks fifth month in a row, rate slows to 10.4%
Slowing pace of recovery and sluggish manufacturing output has experts worrying over Q2 GDP growth
 "Industrial production shrinks fifth month in a row, rate slows to 10.4%")
Coronavirus LIVE: Maharashtra cases cross 1 million-mark, toll at 28,724
Coronavirus India update: Worst-hit states are Maharashtra (990,795) Andhra Pradesh (537,687), Tamil Nadu (486,052), Karnataka (430,947), and UP (292,029). Stay tuned for coronavirus LIVE updates
 "Coronavirus LIVE: Maharashtra cases cross 1 million-mark, toll at 28,724")
CARE Ratings projects sharper GDP contraction of 8-8.2% for FY21
CARE Ratings said the country's economy is likely to see a sharper contraction of 8-8.2 per cent in the current financial year compared to a decline of 6.4 per cent it had projected earlier
 "CARE Ratings projects sharper GDP contraction of 8-8.2% for FY21")
Moody's forecasts 11.5% contraction in India's economic growth in FY21
The downward revision in India's forecast for FY21 comes on the heels of a sharp contraction in Indian economy in the April-June 2020 period
 "Moody's forecasts 11.5% contraction in India's economic growth in FY21")
India's factory output contraction eases to 10.4% in July: IIP data
Rating agency ICRA had expected a single-digit contraction in the upcoming print for the Index of Industrial Production for July 2020
 "India's factory output contraction eases to 10.4% in July: IIP data")
BHEL Q1 loss widens to Rs 893.14 cr; lockdown adversely impacts operations
State-run engineering firm BHEL's consolidated net loss widened to Rs 893.14 crore for the quarter ended June as coronavirus-induced lockdown had an adverse impact on its operations
 "BHEL Q1 loss widens to Rs 893.14 cr; lockdown adversely impacts operations")
India Coronavirus Dispatch: Anganwadis shut down; schools prepare to reopen
Pubs in Delhi reopen, spike in child marriages during times of Covid, Experts advice caution on reopening of schools--news on how the country is dealing with the pandemic
 "India Coronavirus Dispatch: Anganwadis shut down; schools prepare to reopen")
World Coronavirus Dispatch: Western Europe surpasses US in daily infections
Virus deadly for young adults too, US stocks continue to decline in second week, French bakery's US offshoot files for bankruptcy and other pandemic-related news across the globe
 "World Coronavirus Dispatch: Western Europe surpasses US in daily infections")
Don't restrict inter-state movement of medical oxygen: Govt to states, UTs
No restriction should be imposed on inter-state movement of medical oxygen, the Health Ministry said, while adding that it is the responsibility of every state to ensure Covid patients receive oxygen
 "Don't restrict inter-state movement of medical oxygen: Govt to states, UTs")
Covid lockdown pushed 3 in 4 Dalit, tribal hamlets deeper in debt: Survey
The financial crisis and consequent indebtedness might push many into forced and bonded labour, the survey report has concluded
 "Covid lockdown pushed 3 in 4 Dalit, tribal hamlets deeper in debt: Survey")
Covid-19 LIVE: Maharashtra's tally nears 1 mn; 23,446 new cases reported
Coronavirus India update: Worst-hit states are Maharashtra (967,349) Andhra Pradesh (527,512), Tamil Nadu (480,524), Karnataka (421,730), and UP (285,041). Stay tuned for coronavirus LIVE updates
 "Covid-19 LIVE: Maharashtra's tally nears 1 mn; 23,446 new cases reported")
India staring at another health disaster amid a raging battle with Covid-19
The biggest crisis is India's longstanding battle with tuberculosis. The country has as many as 2.7 million TB patients currently, by far the most in the world
 "India staring at another health disaster amid a raging battle with Covid-19")
Top headlines: AstraZeneca still aiming for vaccine; MGNREGS fund drying up
From India awaiting drug regulator's nod to restart the vaccine trial to drying up MGNREGA funds, here are top headlines this morning
 "Top headlines: AstraZeneca still aiming for vaccine; MGNREGS fund drying up")
Covid-19: India's fiscal response to tackle the economic crisis wanting
Till August 2020, India has spent 1.2% of its gross domestic product directly from budgetary resources
 "Covid-19: India's fiscal response to tackle the economic crisis wanting")
Of lockdown laziness and change agents
Negligent at the best of times, our public sector undertakings have become even more lazy during these months of lockouts
Loan restructuring: This time is different
It marks a reversal in the approach to tackling bad loans, but it is not kicking the can down the road
 "Loan restructuring: This time is different")
Crisil projects wider GDP contraction for FY21 at 9%, from 5% earlier
Attributes it to Covid-19 cases and lack of stimulus from govt
 "Crisil projects wider GDP contraction for FY21 at 9%, from 5% earlier")