The COVID -19 (COrona VIrus Disease) was originated in China on 17th December 2019 which outbreak throughout the globe now.

As the pandemic has spread around the globe, concerns have shifted from supply-side manufacturing issues to decreased business in the services sector which results in disrupting global supply chains and international trade. With nearly 100 countries closing national borders during the past month, the movement of people and tourism flows have come to a screeching halt.

New update: LOCKDOWN in India is extended till 3rd May.

• Impact on Jobs: More than 6.6 million people filed jobless claims in the week ended 28 March, the Department of Labor said. That is nearly double the week earlier, which was also a new record. The deepening economic crisis comes as the number of cases in the US soars to more than 236,000.

• Impact on Shares: This 2020 year seems to be the worst year for stock market share. Sensex made a low of 38,551.54, while Nifty fell to 11,291.90. ... In terms of sector-based decline on NSE, Nifty metal fell the most, dropping 5.25%, followed by a 4.6% fall in media. IT, PSU bank and realty fell 3.5% each, while pharma, financial services, FMCG declined around 2-3%. Also in the cryptocurrency world, Bitcoin come down on 5 lacs in just two months from 7.5 lacs.

 In below image, on 13th Feb 2020, the price of bitcoin was ₹740,680 and now the rate is ₹521,216. To know more about this, comment below.

• Impact on Tourism: The coronavirus pandemic could deal a crippling blow to the Indian travel and tourism industry, especially with the government suspending all visas, with the economic impact being assessed to run into thousands of crores of rupees. According to industry chamber CII, this is one of the worst crises ever to hit the Indian tourism industry impacting all its geographical segments - inbound, outbound and domestic, almost all tourism verticals - leisure, adventure, heritage, MICE, cruise, corporate. Also, hotels, restaurants, malls and shopping centers are closed till next orders. This situation is not happening with India only but with whole across the world. On suspension of Visas, MakeMyTrip Group CEO Rajesh Magow told, "The period between February till the end of March is typically a lean period because of exam season but we are seeing a demand slowdown for the upcoming summer holiday season especially for international travel. The situation remains dynamic making it hard to quantify the actual impact on our business and industry at large.