Lockdown, Day 27: Infosys confused, Manipur clean

Despite 36 deaths being reported in the last 24 hours, the government had some positive data to share — the rate of doubling of cases has dropped to 7.5 days from the pre-lockdown level of 3.4 days.

Another good news since our last update - Manipur is now the second state after Goa to rid itself of the virus, at least for now.

On the business front, Infosys reported a 6% rise in profit (YoY)- to Rs 4,321 crore. The IT major also suspended guidance on revenues and margins for FY21.


Below are the other big news of the day


COUNT SO FAR

• J-K confirms 4 new cases, total count 354
• 110 new cases in Delhi, tally rises to 2003
• Agra tally reaches 255
• 283 new cases in Maharashtra, total count now 4,483
• Nine-day-old infant tests positive in Bhopal
• Total number cases in Odisha stands at 68
• 5 new cases in K'taka, state tally reaches 395
• 57 new cases in Rajasthan, state tally now 1,535
• Death toll in Indore rises to 52, cases reach 897
• Four more die in Gujarat; state toll rises to 67

World		India
Tally	Toll	Tally	Toll
24,06,745	1,65,257	17,656	559

BUSINESS & ECONOMY

• Fitch Solution cuts India's FY21 GDP growth forecast to 1.8%
• Re settles 14 paise lower at 76.53 vs dollar
• Fuel supply by Coal India to power sector rises 6% to 43 MT in Feb
• US crude falls below $15 a barrel
• Business optimism for April-June falls to record low
• Infosys suspends hiring, promotions & salary increments
• Samsung to extend suspension of factories through May 3
• AirAsia cuts staff salaries by up to 20% for April
• Tata Motors' March qtr global wholesales down 35%
• Goa's state debt zooms to over Rs 20,000 cr
• Government may take up PF for companies with 100+ staff

WORLD UPDATE

• US records 1,997 deaths in 24 hours; total deaths top 40,000
• China's Hubei reports no increase in COVID-19 cases
• Cases in Germany now 141,672 (+1,775), toll 4,404(+110)
• France reports another 395 deaths; total toll 19,718
• Mexico registers 8,261 confirmed cases, 686 deaths

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