Indian economy, which was already in slowdown phase for last six quarters, could register the lowest growth in the post-reform period in 2020-21 despite strong monetary and fiscal stimulus measures.
Assuming that the situation could improve in a quarter, in 2020-21, the Indian economy could register the lowest growth that was experienced in the post-reform period (since 1991).
Moody's Investor Service last month also slashed its estimate for India's GDP growth during 2020 calendar year to 2.5 per cent and said that coronavirus outbreak will cause unprecedented shock to the global economy.
Bill Withers, a soulful singer best known for the 1970s hits 'Lean on Me', 'Lovely Day' and 'Ain't No Sunshine', has passed away at the age of 81.
His death comes as the public has drawn inspiration from his music during the coronavirus pandemic, with health care workers, choirs, artists and more posting their own renditions on Lean on Me to help get through the difficult times.
He was awarded Grammys as a songwriter for Ain’t No Sunshine in 1971 and for Just The Two Of Us in 1981.