Indian economy to contract 5% in FY21: Fitch Ratings

New Delhi, May 26 (PTI) Fitch Ratings on Tuesday forecast the Indian economy to contract 5 per cent in the current fiscal on account of slump in economic activities following a "very severe" lockdown that has lasted much longer than expected.

In its Global Economic Outlook (GEO) for May, Fitch projected growth to rebound to 9.5 per cent in 2021-22 and an estimated 3.9 per cent growth in 2019-20.

The forecast of 5 per cent contraction is sharp decline from 0.8 per cent growth projected by the global rating agency in late April.

India: Identify private hospitals to treat COVID-19 patients for free or at nominal cost: SC to Centre

New Delhi, May 27 (PTI) The Supreme Court Wednesday asked the Centre to identify private hospitals where COVID-19 infected patients could get treatment for free or at a nominal cost.

A bench headed by Chief Justice S A Bobde, hearing the matter via video-conferencing, observed that there are private hospitals which have been given land either free of cost or at nominal rates and they should treat coronavirus infected patients for free.

India: Priyanka questions Aditynath's claim on 75% infected migrant workers

Lucknow, May 25 (PTI) Congress general secretary Priyanka Gandhi Vadra on Monday asked UP Chief Minister Yogi Adityanath to explain the basis of the statement in which he has reportedly claimed that a large number of workers returning from other states are infected with coronavirus.

The Congress leader also shared a news clip on the CM's statement on her Twitter handle.

India: Centre's lockdown strategy has failed: Rahul Gandhi

New Delhi, May 26 (PTI) Congress leader Rahul Gandhi on Tuesday said the four phases of nationwide lockdown have "failed" and not given the results that Prime Minister Narendra Modi expected.

Addressing a press conference, he asked the central government to clarify its strategy as far as opening up of India is concerned and how it intends to support migrants and states.

"What is the central government's plan to go forward as the disease is growing exponentially in the country," he said.

India: 20 fresh corona cases reported in CISF

New Delhi, May 26 (PTI) The Central Industrial Security Force on Tuesday reported 20 fresh coronavirus cases, with 18 from its unit that guards the Delhi airport, officials said.

The over 1.62 lakh personnel strong force has a total of 78 active COVID-19 cases, while 132 personnel have recovered from the disease till now.

India: Over 6,500 new coronavirus cases, death toll climbs to 4,167

New Delhi, May 26 (PTI) The death toll due to COVID-19 rose to 4,167 in the country, while the number of cases climbed to 1,45,380, registering an increase of 146 deaths and 6,535 cases since Monday 8 am,?the Union Health Ministry said

The number of active COVID-19 cases climbed to 80,722. As many as 60,490 people have recovered and one patient has migrated, it said.

"Thus, around 41.61 per cent patients have recovered so far," a senior Health Ministry official said.

The total confirmed cases includes foreigners.

India: 2 Pinjra Tod women activists sent to police custody after getting bail in separate case

New Delhi, May 24 (PTI) Two Pinjra Tod women activists, who were granted bail on Sunday in a case related to the northeast Delhi communal violence, were sent to two days of police custody moments later in a separate murder case linked to the riots.

When Metropolitan Magistrate Ajeet Narayan granted bail to Natasha Narwal and Devangana Kalita in a rioting case, a Delhi Police crime branch investigating officer moved an application for their interrogation and arrest in a separate case of alleged murder of a local during the riots.

India: Domestic flights resume after two months

New Delhi, May 25 (PTI) Indian skies will open up for domestic passenger services from Monday after a gap of two months, with Delhi-Pune and Mumbai-Patna flights being among the first to take off, aviation industry sources said.

All scheduled commercial passenger flights have been suspended since March 25 when the government imposed a nationwide lockdown to curb the coronavirus pandemic.

India: Record 6,977 corona cases 24 hours; death toll climbs to 4,021

New Delhi, May 25 (PTI) India registered biggest single day spike of COVID-19 cases for the fourth consecutive day on Monday with 6,977 new infections, reported in the last 24 hours, taking the country's tally to 1,38,845, while the death toll rose to 4,021, according to the Union Health Ministry.

A total 154 deaths were reported in the last 24 hours till Monday 8 am.

The number of active COVID-19 cases climbed to 77,103 while 57,720 people have recovered and one patient has migrated, the ministry said.

India: Future actions to stimulate economy will depend on how COVID crisis pans out: FM

New Delhi, May 23 (PTI) A day after the RBI projected economic contraction in 2020-21, Finance Minister Nirmala Sitharaman on Saturday said future fiscal policy actions to stimulate the economy will depend on how COVID-19 pandemic pans out.

The government has already announced a Rs 20.97 lakh crore economic package, which includes Reserve Bank's Rs 8.01 lakh crore worth of liquidity measures till May 17.

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