Altogether 892 people drowned due to floods, 506 died due to...
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Govt tests ’emergency alert system’, sends sample message to several users
The government is working with the National Disaster Management...
What are China’s ‘sponge cities’ and why aren’t they stopping the floods?
Breakneck urbanization has encased vast stretches of land in...
World’s largest coronavirus facility with 10,000 beds coming up in Delhi
The arrangements come in the backdrop of the sudden spurt in the Covid-19 cases in the national capital. Delhi has a total of 44,688 cases and 1,837 people have succumbed to the disease.
WHO moves to update COVID-19 guidance after ‘great news’ in drug study
Although the dexamethasone study’s results are preliminary, the researchers behind the project said it suggests the drug should immediately become standard care in severely stricken patients.
China says it must improve hygiene in markets after Beijing outbreak
An Yufa, a professor at China Agricultural University, was cited in the report as saying the markets must follow international practice and implement origin tracing systems as well as documentation on storage, transport and sale.
Pandemic to nearly wipe out growth in developing Asia in 2020 – ADB
Developing Asia, a group of 45 countries in the Asia-Pacific region, is expected to post growth of just 0.1% in 2020, the ADB said in a supplement to its Asian Development Outlook report issued in April, the slowest pace since 1961, before growing 6.2% next year.The updated forecasts show more damage to economies in developing Asia than estimates it released it April, which predicted 2.2% growth for the region in 2020.
Without lockdown India’s cases may reach 8,00,000 in a month: University of Michigan study
With lockdowns too costly to continue and the surge of new cases each day too overwhelming to implement the kind of test-and-trace strategy used in South Korea and Germany, India must now focus on limiting casualties while hoping people practice social distancing on their own.
Indian general insurance business to stagnate in 2020 due to COVID-19:GlobalData
Decline in key sectors such as auto, manufacturing and construction is expected to heavily impact insurance industry as they account for more than 47 per cent of general insurance premiums in 2019.
Motor industry is facing severe slowdown due to supply chain disruptions, stalled production and low demand. In April 2020, automobile manufacturers registered zero sales due to the lockdown. Sales have picked up marginally in May after the lockdown restrictions were eased by the government; but are well below the pre-COVID levels.
Nigeria’s Swiss Re backed life insurer sees sales surge as Pandemic take hold
“Health workers are demanding it, other state governments and municipalities that didn’t have it before are now looking at it differently,” Leadway Assurance Co. Ltd. Chief Executive Officer Tunde Hassan-Odukale said in an interview in Lagos. “People who were not doing group life insurance before, are now looking at it on a corporate basis.”
Sales of group life policies have jumped 10% this year and the trend is expected to continue with COVID-19 cases in Nigeria still on the rise, he said. This may help to counteract pressure on the firm’s retail business, where individual life policies could be hit by a slowdown in economic activity because of lockdown measures to curb the spread of the disease.
China-backed AIIB approves $750 million loan to India for COVID-19 response
Cofinanced with the Asian Development Bank, the budgetary support will go toward bolstering economic aid for businesses, including for the informal sector, expanding social safety nets for the needy, and strengthening the country’s health care systems.
“Many of the world’s low and middle-income countries are still in the early stages of the health crisis but are already feeling the impacts of the pandemic. This poses an enormous risk for millions across India who have only recently emerged from poverty,” said AIIB Vice President, Investment Operations, D.J. Pandian.
Dexamethasone lowers deaths by one-third in severe Covid-19 patients: Study
“These preliminary results from the RECOVERY trial are very clear –dexamethasone reduces the risk of death among patients with severe respiratory complications,” said Martin Landray, another chief investigator of the trial from the University of Oxford.
COVID-19:Cases in India climb to 3,43,091; death toll 9,900
New Delhi: India registered over 10,000 new COVID-19 cases for the fifth day in a row pushing tally to 3,43,091 on Tuesday, while the death toll rose to 9,900 with 380 new fatalities, according to the Union Health Ministry data. The country recorded 10,667...