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India faces spike in coronavirus cases, says study, in test for health system
According to the estimates, the number of confirmed cases could rise to more than 4,000 by the end of March and to between 30,000 and 230,000 by end-April.
India’s poor, hammered by coronavirus lockdown, fear for future
The issue highlights how difficult it is for countries to tackle the virus without destroying livelihoods – a challenge that is especially acute in developing nations with significant populations living hand-to-mouth.
E-commerce companies face disruption as India locks down to curb coronavirus
Similar delivery or warehouse disruptions hit Amazon, Walmart’s Flipkart and Softbank-backed e-commerce website Snapdeal across states, industry executives said. The full extent of the disruptions was not immediately clear.
Trump says U.S. to make a decision on coronavirus at end of 15-day plan
Treasury Secretary Steven Mnuchin told “Fox News Sunday” the package would include loans for small businesses, direct deposits that could give an average family of four $3,000, and up to $4 trillion in liquidity for the U.S. Federal Reserve to help businesses get through the next 90 to 120 days.
68-yr-old man who recovered from coronavirus dies in Mumbai
Wealth managers rein in leverage as clients battle markets downturn-sources
Bankers from three Swiss wealth managers in Asia, which has the highest numbers of billionaires globally, said they asked some clients in the last couple of weeks to raise collateral against their loans amid a panic selling in securities.
Caronavirus Crisis:IRDAI allows life and health insurance customers extra time to pay their premium
In case of health insurance policies, the insurers may condone delay in renewal up to 30 days without deeming such condonation as a break in policy. However, insurers are requested to contact the policyholders well in advance so as not to have a discontinuance in coverage.
Social distancing is a luxury Indians earning just Rs 150 a day cannot afford
The quandary facing India’s informal workforce of 450 million people is one of the starkest examples of how social inequality threatens to undermine virus containment efforts around the world. From undocumented minimum-wage workers in the world’s richest postcodes to job-seekers flooding into swelling metropolises, the urban poor often have limited access to health care, no medical insurance and no financial safety net.
Supply chain problems move from China to U.S. and other nations
Companies involved in the transport of goods say the impact is being felt hardest in air freight as more airlines shut down services, adding to difficulties with the transport of key goods such as medicines and perishable foods.
Wedding insurance excludes Pandemics, and US couples find they have no cover
The cancellations are also highlighting fights with a little-known corner of the industry: wedding insurance. Couples have begun battling with companies they paid in case of disaster, only to hear back that no policy can cover a global pandemic.