Lockdown, Day 54: Another Sunday extension

The government extended the lockdown for another two weeks, till May 31, as India's case-count surged past 90,000.

Finance Minister Nirmala Sitharaman made life easier for businesses struggling to deal with the side-effects of Covid. As part of the fifth tranche, the government suspended the bankruptcy code for a year.

Track the latest updates from the day...



COUNT SO FAR

• Maharashtra tally crosses 30,000-mark
• 66 more Maharashtra Police personnel test positve
• Tamil Nadu adds 477 new cases; state tally now 10,585
• 70 new cases take Rajasthan tally to 5030; toll now 128
• One more case in Goa; state tally rises to 16
• Odisha now has 828 cases; death toll now 5
• Assam count reaches 95
• 5 more CISF personnel test positive in last 24 hours
• Andhra reports 25 new cases; total now 2,230
• Indore cases rise to 2,470; death toll reaches 100
• Delhi death toll reaches 148

World		India
Tally	Toll	Tally	Toll
46,35,830	3,11,821	90,927	2,872

BOOSTER FINE PRINT

• Covid-related debt to be excluded from default under IBC
• No fresh insolvency for next one year
• Minimum threshold to initiate insolvency raised to Rs 1 crore
• Most violations under Companies Act to be decriminalised
• Companies can now list securities directly in foreign jurisdictions
• All sectors opened to the private sector
• Borrowing limit of states increased from 3% to 5%
• Additional funding of Rs 40,000 crore for MGNREGS
• All districts to have infectious disease hospitals, public health labs

AROUND THE WORLD

• US adds 1,237 deaths in 24 hours
• China reports 5 new cases, down from 8 a day earlier
• Brazil's death toll tops 15,000
• Italy records 153 new deaths
• Spain's daily toll below 100 - a first in 2 months

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