India Covid-19 update: 10:20 IST on Tuesday 26 May (02:00 CEST)
According to the latest figures published by Johns Hopkins University, 5,590,358 cases have been detected worldwide, with 347,907 deaths, and 2,366,574 people now recovered.
In India, there have been 145,456 cases confirmed, 4,172 people have died and 60,706 people have recovered from the virus.
With over 6,500 new cases India’s tally crossed 1,45,400, death toll breached 4,100-mark. The World Health Organization said on Monday it had temporarily suspended clinical trials of hydroxychloroquine as a potential treatment for coronavirus. Globally, Europeans flocked to parks, gyms, and pools on Monday as more countries eased coronavirus restrictions, while Japan lifted its state of emergency but urged vigilance to avoid another wave of infections.
India’s economy could contract by over 40% in April-June quarter this year, says SBI research
Even the seven days of lockdown in March may have wrecked the economy to an extent that growth will dip to 1.2% in December-March quarter of 2019-20 from the projected 4.5%, SBI research Ecowrap said, three days ahead of the official release of the data on Friday.
India’s economy lost Rs 1.4 lakh crore in those seven days from March 24 to 31.
Subsequently, it lowered the annual 2019-20 GDP forecast to 4.2% from an earlier official projection of 5%.