Friday, 29 May 2020

Covid squeezes core sector in April, output slumps 38%

Output of eight core sector industries plunged 38.1% in April — probably the steepest ever — led by an over 80% slump in cement and steel production due to the nationwide lockdown. The numbers indicated that overall industrial production is headed for a high double-digit decline as the Covid-19-induced lockdown has taken a toll on economic activity.

from The Times of India https://ift.tt/2MoxoPP

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'The water had no mercy': Hundreds killed as floods ravage north Pakistan

BBC visited villages which were wiped out overnight by rains, flash floods and landslides. from BBC News https://ift.tt/TkOl3oE