Shubho's Blog

Before Corona (Covid-19) Pandemic By Feb 2020, India had seen six successive quarters of declining GDP growth equalling the longest slowdown in the past 23 years. The GDP growth in second quarter of FY19-20 fiscal shrunk to 4.5% from 5% in the previous quarter. This was the sixth straight drop in India's quarterly GDP growth.  The slowdown was expected to be the third slowdown since 1996 and will be the longest in the past 23 years if the Q3 GDP falls below 4.5%. Note: From January 2015, the Central Statistics Office (CSO) updated base year for GDP calculation to 2011-12, replacing the old series base year of 2004-05. After Corona and 5+ weeks of lockdown During the Corona crisis and 5+ weeks of lockdown in response to contain it, we have already seen significant impact to Indian economy in various forms. Sensex and Nifty indices have crashed nearly 30-35% and BSE 500 stocks have crashed nearly 50% (before Corona, it had already crashed 50%) and m...

What started as an epidemic mainly limited to Wuhan in China has now become a global pandemic in no time as declared by the World Health Organization(WHO). Now, there is more than 320,000+ positive cases with nearly 14,000+ deaths worldwide. As far as India is concerned, we have nearly 390+ positive cases with 7 deaths. While this is believed to have started in China in Dec 2019, the first case in India was reported back in late Jan. However, it got everyone's attention in early Mar with more number of cases reported everyday. Now, in just few days it has touched nearly ~400 with only 16000+ tests done so far. Now actions are being taken everywhere but is it too late to contain such pandemic which has made everyone to get scared worldwide? But to contain it further or avoid similar situations in the future, don't we need a centralized system to collect, analyze and alert before the magnitude of the situation is seen on the ground? While medical experts are busy in doing r...