Is Covid pushing India towards its worst recession?

THE ECONOMIC TIMES Tue, May 19, 2020 | 02:51 PM IST Slideshows Newsletter

Is Covid pushing India towards its worst recession? American investment bank Goldman Sachs recently predicted that India's economy could contract to almost half in April-June, from what it was in the last quarter. IAF may get more Tejas fighter jets Chief of Defence Staff (CDS) Bipin Rawat has said that the Indian Air Force (IAF) will buy another 83 Tejas Light Combat Aircraft (LCA) fighter jets as it "would rather take the indigenous fighter." Lockdown 4.0 in Delhi: Everything that's open India's nationwide lockdown - originally supposed to end on May 17 - was extended for a third time till the end of May. However, the government has made more services available, this time around. Delhi witnesses chaos and pandemonium on first day of Lockdown 4.0 The Delhi-Noida border at Kalindi Kunj and DND Flyway witnessed chaos on Monday as commuters from the capital were denied entry into Uttar Pradesh over entry passes. Going back to roots, daily life innovations in focus at Rancho's school in Leh during lockdown Going back to roots, learning about local art and culture, at-home fancy dress competitions and innovations to make daily life easy are among the assignments for students at the '3-Idiots' fame 'Rancho's school' during the COVID-19 lockdown as all of them do not have access to Internet in hilly terrains of Leh. A new version of the Renault Triber The Triber is Renault's budget seven seater, launched almost two years ago, which fits into the five - six lakh bracket. Countries scramble to deal with Cyclone Amphan A fresh calamity has beset itself over India, in the form of a cyclone over the Bay of Bengal. The cyclone - named Amphan - has been classified as a category 5 hurricane; here's what countries are doing to safeguard against it. Pensacola shooting: FBI lashes out at Apple once again The gunman who killed three U.S. sailors at a military base in Florida last year communicated with al-Qaida operatives about planning and tactics in the months leading up to the attack, U.S. officials said Monday, as they lashed out at Apple for failing to help them open the shooter's phones so they could access key evidence. Global firms file for bankruptcy amid coronavirus crisis In the wake of the coronavirus crisis, economies all over the world have been bruised and battered. It is in this context that multiple companies are going bankrupt. Football restarts, with empty stadiums With the coronavirus spreading to every corner of the globe, society has come to a standstill which includes all forms of sport and entertainment. Countries that are restraining sport are doing so with empty stadiums.

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