Category:

Disaster & Management

As coronavirus cases rise, 52 labs set-up across India for testing samples

-In Andhra Pradesh, labs at Sri Venkateswara Institute of Medical Sciences in Tirupati, Andhra Medical College in Visakhapatnam and GMC, Anantapur have been made operational while in Assam, labs at Gauhati Medical College in Guwahati and Regional Medical Research Centre, Dibrugarh have been activated.

-In Bihar, Rajendra Memorial Research Institute of Medical Sciences, Patna, in Chandigarh, the Post Graduate Institute of Medical Education & Research and AIIMS in Chhattisgarh have the designated laboratories.

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India’s $476 billion forex firepower can help arrest rupee’s panic drop

Citibank on Wednesday said the rupee appeared to have over-reacted to confirmation of the new virus cases and it recommends buying bullish rupee exposure via options. India’s link to the global supply chain is limited and the current-account deficit may narrow due to the virus’ impact on economic activity and lower commodity prices, strategist Gaurav Garg wrote in a note.

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