The sharp cut in India forecast was necessitated due to slump in economic activities and very stringent lockdown policy, the rating agency said.

India FY21 GDP to contract by 5%: S&P

After railway services, domestic flights are expected to resume soon with the Civil Aviation Ministry in the process of taking a final call on when and how such flights commence.

Domestic flights may get nod from Civil Aviation Ministry to restart operation

India has further extended lockdown for two more weeks beyond May 3. Now, lockdown has been extended upto May 17 by keeping the COVID-19 status in mind.

WION Dispatch: India extends lockdown for two more weeks beyond May 3, now extended till May 17

Indian government has allowed the inter-state movement of people stranded at different location due to lockdown after undergoing strict screenings both at the source and the destination cities.

Indian govt allows inter-state movement of people stranded at different location due to lockdown

There is no consensus on lockdown extension among the Chief Ministers of different states after meeting with PM Modi via video conferencing. Over 7 states Chief Ministers demanded PM Modi for extension of the lockdown.

WION Dispatch: 4 states demands lockdown extension