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SOURCE / ECONOMY
By GT staff reporters Published: Apr 22, 2021 08:43 PM
A man rides a bicycle on an empty bridge during a weekend lockdown imposed by the government as a preventive measure against the COVID-19 epidemic in Allahabad, India, on Sunday. India recorded a new high of more than 261,000 daily coronavirus cases in the past 24 hours, the country s health ministry said Sunday. Photo: AFP
A recent surge of COVID-19 cases in India, which media reports said could possibly get out of control, will be another major hit to the nation s economy and could also discourage foreign investment, experts said on Thursday.
India marked a new milestone in the raging epidemic on Thursday, reporting 314,835 new daily cases, the highest one-day tally, according to a Reuters report on Thursday.