Lockdown, Day 34: What after May 3? Jury's still out

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PM Modi today had a video meet with chief ministers to discuss the way forward for India beyond the May 3 lockdown deadline. Another extension of a complete lockdown may be out of the cards, but virus hotspots will, in all likelihood, remain shut.The RBI today announced Rs 50,000-crore liquidity support for MFs following Franklin Templeton’s shock closure of six debt funds that threatened to trigger a chain reaction.India reported 1,396 cases in the past 24 hours, taking the total case count to 28,380. Almost 900 people have died in the country so far.Track all the latest developments here… COUNT SO FAR5 more cases in Odisha; tally hits 100First case in Jamtara; Jharkhand tally now 83Maharashtra now has 8,068 casesRajasthan reports 36 new cases; tally up to 2,221Bihar tally rises to 290Agra reports 10 new cases; district tally hits 38047 new positive cases have been reported in West BengalTotal number of cases in UP now touch 1,955Andhra reports 80 new cases; tally top 1177Pune reports 55 new cases; tally rises to 1,319Uttarakhand case count rises to 51First case reported in Gorakhpur, UP7 test positive in Nashik, district count now 149Three more die in Indore; district toll now 60WorldIndiaTallyTollTallyToll29,73,2642,06,56928,380886BUSINESS & ECONOMY Ind-Ra cuts India’s FY21 GDP growth to 1.9%, lowest in 29 yrsSensex gains 416 pts; Nifty above 9,250FY21 fiscal deficit target very challenging: RBI chiefRBI announces Rs 50,000 cr special liquidity facility for MFsRupee settles 21 paise higher at 76.25 (provisional) against US dollarVolkswagen, BMW, Mercedes begin online salesSpot gold markets remain shutUS oil down more than 9% in Asian tradeRetail outlets stay shut despite MHA relaxationCentre withdraws faulty test kits, cancel import orders from China BACK TO WORKHindu Rao Hospital to resume casualty and emergency servicesInox Wind resumes production at all manufacturing plantsIndian passport services resume at some centres in UAESTATE OF THE WORLDUS jobless rate could go up to 16%US records 1,330 deaths in 24 hoursChina reports 3 new cases, no deathsMexico tally now 14,677, 1,351 deaths so farGermany reports 1,018 new cases, 110 more deathsCases in Pakistan rises to 13,328; death toll 281Volkswagen re-starts Europe’s largest car factoryCases in Singapore cross 14,000DEBATE THISShould India nationalise all hospitals till Covid is brought under control? Tell us here

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