COVID-19 lockdowns to cost India $74 billion in Apr-Jun: Barclays : Bulletin: Business Today
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COVID-19 lockdowns to cost India $74 billion in Apr-Jun: Barclays

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Rashi Bisaria | May 26, 2021

COVID-19 lockdowns to cost India $74 billion in Apr-Jun: Barclays

The economic costs of the second wave of COVID-19 pandemic in India and lockdowns to curb spread of infection are rising rapidly, and may cost India $74 billion (about Rs 5.4 lakh crore) during April-June quarter, according to Barclays. While the economy is "reasonably stable", it experienced a sharp decline in activity in May.

WhatsApp sues Indian govt, says new media rules mean end to privacy

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Moderna plans India launch next year for single-dose COVID vaccine

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