Category:

Disaster & Management

Formulate plan to contain Covid-19 spread: Cabinet Secy to states, UTs

The lockdown period provides the country a window of opportunities to act positively and be prepared to face any eventuality, Gauba told chief secretaries of all states and UTs through video conference.

“Next few days will be very important for all and we need to sustain our containment efforts and utilize all available resources as per the requirement,” he said.

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Caronavirus Pandemic: After the virus, what world will we live in?

“The potential for widespread social unrest in countries that have not provided a social safety net for those losing their jobs during this crisis strikes me as very real, with possible repercussions for governance and more” said Joshua Geltzer, visiting professor of law at Georgetown University.
Countries like Russia and Turkey, led by the same strongmen for two decades, will be hoping that their measures will be enough to spare them the worst of the virus and any political consequences.

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Coronavirus Pandemic: Short-term closure of plants or premises can pose risks for companies:AGCS Study

“We already see a number of losses that occur on holidays or weekends when employees are not largely present on sites or premises,” says Ralf Dumke, Regional Head of Risk Consulting Property, AGCS Central & Eastern Europe: “The production and operating shutdowns currently being caused by the coronavirus pandemic can also bring increasing hazards for businesses.

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FPIs pull out record Rs 1.1 trn in March, highest withdrawal ever

Terming the fund outflow as “unparalleled”, Himanshu Srivastava, senior analyst manager research, Morningstar India, said that with fear over the degree of impact that Covid-19 could leave on the global economy, foreign investors stormed out of the emerging markets, with India among the worst hit.

“The intensity of the situation could be gauged from the fact that even during the financial crisis of 2008, FPIs sold net assets worth $9.3 billion in the Indian markets while in March 2020, they have been net sellers to the tune of USD 16.5 billion,” he added.

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