The National Capital Region (NCR) and Mumbai – the two ‘megacities’ – according to a recent Barclay’s research, will be the two most impacted in India due to the 21-day lockdown, followed by Bengaluru, Hyderabad and Pune.

The report co-authored by Rahul Bajoria, chief economist at Barclays has studied the Asia – Pacific (Asia-Pac) regions currently under lockdown and pegs the economic loss impact in these regions between $1 billion to $1.7 billion per week. “We find that the absolute economic loss is likely be the largest from the shutdown ...