Localised Lockdowns News Today

That is not happening. the focus now is slightly shifting a handful of cases there. they appear to be spread across the city. they are going ahead with some kind of whac—a—mole, localised lockdowns. but beijing is not the same as shanghai. its always been like a fortress, and so they have a much better chance there of containing it and containing it early. here in shanghai, as i said, it hasnt bottomed out yet, but at the moment, the statistics seem to suggest that maybe by this weekend, the...

May services sector activity shrinks for 1st time in 8 months Top Searches May services sector activity shrinks for 1st time in 8 months TNN / Jun 4, 2021, 06:59 IST FacebookTwitterLinkedinEMail NEW DELHI: Activity in the country’s crucial services sector plunged into contraction in May for the first time in eight months as the second wave of Covid-19 pandemic forced localised lockdowns which resulted in a decline in new business and output, a survey showed on Thursday. At 46.4 in May, down...

Will India Inc see rating downgrades on back of localised lockdowns? Sectors that experienced a high downgrade rate in 2020-21 included hospitality, textiles, real estate, construction and automobile dealerships. These sectors have faced more downgrades in the past 6-12 months. Synopsis While no immediate rating downgrades could happen, a lot of companies in hospitality, retail, travel & tourism, commercial real estate and entertainment could see sharp downgrades. MUMBAI: Rating companies will ...

Economic impact of 2nd Covid-19 wave could worsen in coming weeks. Here’s why Economic impact of 2nd Covid-19 wave could worsen in coming weeks. Here’s why The economic impact of the second wave could worsen in the coming weeks as more states are imposing stricter localised lockdowns. Here is all you need to know. advertisement UPDATED: April 20, 2021 21:01 IST The economic impact of the second Covid-19 wave is likely to worsen in the next few weeks due to stricter lockdowns. (Photo: PTI/Re...

Indias gross domestic product expanded 0.4% in the three months ended December, after contracting for two consecutive quarters, mainly due to good performance by farm, services and construction sectors, according to government data released on Friday. This will help Asia’s third-largest economy exit an unprecedented recession even as it battles new challenges posed by a surge in coronavirus infections. The countrys economic growth shrank 7.5% a quarter ago. In its second advance estimates...