India sees record jump in covid cases

Number of total positive cases climbed to 90,927 on Sunday, registering an increase of 120 fatalities and a record jump of 4,987 cases

SAARC nations unveil emergency stimulus packages

India responded by unveiling a Rs 1.7 lakh crore (USD 22.6 billion) economic stimulus plan

The government bailout package 500-million figure is said to be a "ballpark" estimate of the company's funding need

Robust growth in the cash-burning protection policy sales have led to an over 31 per cent dip in net income for the March quarter

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019

The White House emphasised on continuing with preventive measures to fight the coronavirus and increased testing

Fitch Solutions also anticipated a deeper contraction in fixed investments as businesses choose to cut back on capital expenditure

Oil markets have plunged in recent weeks as lockdowns and travel restrictions to fight the coronavirus around the world batter demand

Retailers Association of India said allowing neighbourhood stores to do home delivery will help fulfil consumer needs

Governments face pressure to reopen factories, shops, travel and public activities