CORONAVIRUS UPDATES

CORONAVIRUS UPDATES 4 Jun, 2020

Lockdown, Day 72: The sinking bottom line The world’s largest lockdown has fueled the biggest earnings decline in at least six years for India. Profits at NSE Nifty 50 Index members fell about 15% last quarter from the same period last year. That's not all. Bajaj boss Rajiv Bajaj today said that the lockdown may have flattened the wrong curve for India. Here are the latest updates... COUNT SO FAR UP cases cross 9,000 mark 68 new cases in Rajasthan; tally reaches 9,720 Maharashtra sees two deaths; 63 fresh cases in Nashik 98 new cases take AP's count to 3,377 Chhattisgarh cases tally rises to 680 47 more test positive in Assam 90 test positive in Odisha, total count 2,478 Two die in Uttarakhand; tally rises to 1,145 World India Tally Toll Tally Toll 65,13,301 2,17,967 216,919 6,075 BUSINESS AND ECONOMY Sensex snaps 6-day winning run, drops 129 pts India's edible oil imports in May lowest since 2011 Construction sector to see 12-16% decline in investment in FY21, says Crisil M&M tractor sales fall 1% in May, exports slump 72% AROUND THE WORLD World food price index hits 17-month low in May US services sector contracts for 2nd straight month Germany appoves $146-billion stimulus package Pakistan surpasses China in cases, infections surge to 85,246 Nepal economy to suffer $1.4 billion hit due to pandemic Germany's cases rise by 394; tally at 1,82,764 France's death toll crosses 29,000 France cancels 2020 Bastille Day parade