Coronavirus updates for June 7

Here's a roundup of YourStory's coverage today of how India and the world are dealing with the coronavirus pandemic.

For the first time, the number of confirmed daily coronavirus cases crossed 10,000 in India, with the number of COVID-19 positive cases reaching 248,000, according to Worldometer. Across the world, the number of confirmed cases is now more than seven million, with over 400,000 deaths reported.

The pandemic-induced lockdown has severely affected the Indian economy. Surveys released by the RBI indicate that consumer confidence has collapsed in May 2020, with the economy expected to contract by 1.5 percent for FY21.

A survey by All India Manufactures Organisation shows that over 70 percent of MSMEs and 40 percent of corporates are planning to sack their employees in a bid to bring the business on track.

Meanwhile, the Centre and state governments are taking measures to lift the restrictions. The Culture Ministry allowed opening up around 3,000 Archaeological Survey of India monuments across India. Delhi will allow inter-state movement of people from June 8, while restaurants and malls have also been allowed to open. Tamil Nadu Chief Minister K Palaniswami said that around 86 percent of the state's coronavirus cases were asymptomatic.

Here's a roundup of YourStory's coverage today of how India and the world are dealing with the coronavirus pandemic.

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The coronavirus lockdown has affected many businesses to a great extent. Many people had lost their jobs, many businesses productivity had declined.

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With the Corona Virus outbreak, one of the worst hit industries is Travel & Hospitality. In fact, it was the earliest to not just get hit but completely get smashed.

Paytm reaches out to state governments on contactless food ordering at restaurants

Digital payments major Paytm develops a QR code that is displayed at partner restaurants. Users can scan from the Paytm app to browse the menu and place orders.

No better time to bet on India than now, says Gautam Adani

Stating that the short or mid-term possible economic outcomes as a result of COVID-19 are hard to predict, businessman Gautam Adani says there is no denying the fact that India over the next several decades will be a market that simply cannot be ignored.

Edited by Teja Lele Desai