Coronavirus news live highlights: Karnataka reports 8,191 new Covid-19 cases, 87 deaths
India reports a drop in daily Covid-19 cases with 55,342 fresh infections, lowest since mid-August, and 706 fatalities take death toll to 109,864, while recoveries stand at 62,27,295, according to the Ministry of Health. Stay tuned for more updates.
Mumbai's COVID-19 tally rises to 2,32,395 with addition of 1,325 new cases; 38 fresh deaths take toll to 9,504: BMC
21:3613 Oct 2020
Indian economy to contract by 10.3% in 2020; to bounce back with 8.8% growth in 2021: IMF
However, India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2 per cent, the IMF said in its latest 'World Economic Outlook' report.