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Eco/Invest/Demography

US advises its citizens to avoid travelling to India due to COVID spike

“Because of the current situation in India even fully vaccinated travellers may be at risk for getting and spreading COVID-19 variants and should avoid all travel to India.If you must travel to India, get fully vaccinated before travel. All travellers should wear a mask, stay 6 feet from others, avoid crowds, and wash their hands,” US advisory said

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Covid-19 disrupted food security for millions; likely to reverse progress on ending hunger by 2030: Harsh Vardhan

The population, food security, nutrition and sustainable development theme is of critical importance at all times. But even more so now as the world is trying to rebuild itself while emerging from the challenges posed by Covid-19, Vardhan said. He said that the pandemic has severely disrupted food security and nutrition for millions of people around the world and will likely reverse the progress made towards ending hunger by 2030.

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China launches first class-action lawsuit in war against corporate fraud

China introduced the class-action mechanism to capital markets last year as part of efforts to crack down on corporate malfeasance and bolster investor confidence.

Although corporate fraud is not uncommon in China, retail investors have historically had little chance to make their voices heard. Small investors often likened legal action to ants fighting elephants.

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As more states opt for lockdown-like restrictions, PM says lockdown should be the “last resort”

”In the current situation, we need to save our country from a lockdown. I would also request states to use the lockdown as the last resort. We have to do our best to avoid a lockdown and our focus should rather be on micro-containment zones,” he said.

”If we all follow COVID-19 protocols, there’ll be no need to impose lockdowns,” Modi added, as he urged the people to reduce their movement and take vaccination.

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