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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, DOWNBEAT GDP

U.S. first-quarter GDP report prompts inflation, growth concerns among investors

India Struggling with COVID-19 Surge

Research and Markets
·1 min read

Dublin, May 06, 2021 (GLOBE NEWSWIRE) -- ResearchAndMarkets.compublished a new article on the covid-19 industry "India Struggling with COVID-19 Surge"

India's health care system struggled to keep up with the surge in COVID-19 cases this week, with new cases breaking a single-day world's record. Hospitals and crematories are overwhelmed as the country faces a significant vaccine shortage, mass public events continue unrestricted, and the Indian government is censoring tweets critical of its pandemic response.

The country reported almost 347,000 new cases over a 24-hour stretch, according to the New York Times, setting a new worldwide high for the third day in a row. Deaths also climbed to a record 2,624 in a single day, and the rolling seven-day average of daily new cases in India is quickly approaching 300,000. India has yet to impose a new national lockdown, as it did in March 2020, and super-spreader events -- such as massive political rallies and a major Hindu religious festival - are continuing.

To see the full article and a list of related reports on the market, visit "India Struggling with COVID-19 Surge"

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