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COVID-19 Pandemic:India tally crosses 13 lakh with 48,916 fresh cases;death toll now 31,358

With 48,916 fresh cases, the country’s coronavirus infection tally surged to 13,36,861, while the death toll rose to 31,358 with 757 more people succumbing to the disease in the last 24 hours, data updated by the ministry at 8 am showed.
This is the third consecutive day when COVID-19 cases increased by more than 45,000.
There are currently 4,56,071 active cases of COVID-19 in the country.Thus, around 63.54 percent people have recovered so far.

11 investment bankers in the fray to manage LIC’s mega IPO

These entities include Axis Capital, Citigroup Global Markets, CLSA, Credit Suisse Securities, Deloitte India, Edelweiss Financial Services, IDFC Securities, IIFL Securities, JM Financial, SBI Capital Markets and YES Securities.
LIC’s IPO is expected to be the largest in the domestic capital markets and time line for the IPO is not yet known though Finance Minister Nirmala Sitharaman in her 2020-21 budget speech had announced that the proposed IPO which would contribute majorly in this financial year’s ambitious Rs 2.1-trillion disinvestment target

Won’t lift lockdown just to address economic concerns:Maha CM Thackeray

“Many people are opposing lockdown. They say that lockdown is affecting the economy. To such people, I would say that I am ready to lift the lockdown, but if people die due to it, would you take the responsibility?…Even we are concerned about the economy,” Maharashtra Chief Minister Uddhav Thackeray said.

On the restarting of the suburban railway network in Mumbai, he said, “What if families fall ill and their houses are sealed? Therefore, everything would be done step-by-step.”

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