Coronavirus updates for June 7
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.
As per a Nasscom report, nine out of 10 startups are facing a decline in revenues due to the coronavirus lockdown, which has forced them to lay off employees and cut salaries.
Here are all the features the Seatle-based ecommerce company Amazon added to Alexa — some of them relevant to the COVID-19 situation.
Renowned chef Tarun Sibal who has founded award-winning restaurants across the country tells us how the food and beverage industry will change after the lockdown is completely lifted and all about his culinary journey so far
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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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.