We are currently facing an unprecedented global phenomenon. The outbreak of Coronavirus Disease 2019 (COVID-19) – now officially a pandemic – has caused worldwide apprehension, eventually resulting in lockdowns, travel bans, panic purchases and financial market turmoil.
Scammers have also taken notice. Emergencies provide opportunities for thief artists, who launch fraudulent campaigns and create an atmosphere of concern. Against the backdrop of a disease that has so far been the cause of more than 4,000 deaths and continues to spread, scammers have wasted no time playing on people’s fears or instilling feelings of compassion.
Some cybercriminals clearly feel that all of their Christmas has come at once: an anxious population, the most risk-sensitive people, the greater demand for goods not in stock, and a mass gathering of misinformation on social media Is – it is all the same for a big occasion. They are at their most susceptible place when preying on people and attempting to cheat them.
How Traditional Business is affected by the coronavirus
In the situation of lockdown, people are not allowed to come out from home unnecessarily because of coronavirus. To break the chain of coronavirus Prime Minister Narendra Modi has imposed a nationwide lockdown in an attempt to slow the spread of the coronavirus. The offline business has come to a standstill as the people have stopped coming out of the house.
Some of the offline stores are opened due to fulfilling people’s daily needs in the lockdown. These stores are opened for a fixed time duration. Except for all stores, only medical, fruits-Veggies and departmental stores are open.
Online Businesses are Affected by Coronavirus?
Now the online business is the only source that can help us in GPD to reduce the falling level of GPD. Online businesses are currently operating in a state of coronavirus because people are using online services that are important and useful in their routines.
Online company employees are doing their work from home which is commendable.
Recently a person asked a question on social media about how online company employees are doing their work and how they are communicating with each other for work. And on the other hand some online companies have uploaded their photos of work from home. In these pictures, they are giving a message to all the people that do not panic, it is time to show our unity towards the crisis of coronavirus. We are doing our work with pleasure rather than taking on any stress of coronavirus.
*our work from the home – telcob
Impact of coronavirus |
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Current Situation in world?Total cases:1,615,092 Total Deaths:96,791 Total Recovered:362,542 *These figures are generated by WHO ( ” World Health Organisation”). Updated : 10 April 2020, 4:30 GMT+5:30 |
Current Situation in India?Total cases:6,771(+46) Total Deaths:228 Total Recovered:635 *These figures are generated by WHO ( ” World Health Organisation”). Updated : 10 April 2020, 4:30 GMT+5:30 |
India’s Prime Minister Narendra Modi has imposed a nationwide lockdown in an attempt to slow the spread of the coronavirus.
The restrictions came into force at midnight local time (18:30 GMT) and will be enforced for 21 days.
“There will be a total ban on venturing out of your homes,” Mr. Modi said in a televised address.
He appealed for people not to panic – but crowds quickly mobbed stores in the capital, Delhi, and other cities.
Correspondents say it is not clear how – or even if
– people will now be allowed out to buy food and other essentials.
Symptoms of Coronavirus
The COVID-19 virus affects different people in different ways. COVID-19 is a respiratory disease and most infected people will develop mild to moderate symptoms and recover without requiring special treatment. People who have underlying medical conditions and those over 60 years old have a higher risk of developing severe disease and death.
Common symptoms include:
- fever
- tiredness
- dry cough.
Other symptoms include:
- shortness of breath
- aches and pains
- sore throat
- and very few people will report diarrhea, nausea or a runny nose.
People with mild symptoms who are otherwise healthy should self-isolate and contact their medical provider or a COVID-19 information line for advice on testing and referral.
People with fever, cough or difficulty breathing should call their doctor and seek medical attention.
Impact of Coronavirus on GDP & Current GDP of INDIA
India is facing two big problems, one is Corona and the other is the economic problem. The corona, as you know, is hurting our country very badly by killing many people, but another hand coronavirus is hurting the economy of India.
Growth in the Indian economy cannot be seen for decades as major sectors are expected to fall in trade and exit from those restrictions during the 21-day coronavirus lockdown.
India’s economic growth is likely to hit a 30-year low of 2 percent in FY21 as economic recession grips the global economy following the lockdown due to coronavirus outbreak, Fitch Ratings said in its latest report on Friday. The rating agency in its previous report had projected India’s GDP growth for 2020-21 at 5.1 percent, lower than 5.6 percent estimated in December 2019.
“Fitch now expects a global recession this year and has recently lowered our GDP growth forecast for India to 5.1 percent for the fiscal year ending March 2021 from 5.1 percent previously, India will have the slowest growth in 30 years., “It said. On March 20, Fitch slashed India’s growth forecast for FY21 to 5.1 percent, saying that coronavirus outbreaks would affect trade investment and exports.
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