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Eco/Invest/Demography

One year of lockdown: Domestic aviation sector on recovery path, hiccups due to pandemic remain

Indian airlines are currently operating around 70-75 per cent of their pre-COVID domestic flights. India allows domestic carriers to operate maximum 80 per cent of their pre-COVID domestic flights currently. This cap is unlikely to go soon as a new wave of the virus is spreading in certain states.

”Last few days have seen a decline in the number of air passengers largely due to restrictions & imposition of compulsory RT-PCR test by various states. Due to this, we have decided to retain the permissible limit to 80 per cent of schedule,” Civil Aviation Minister Puri said a few days back on Twitter.

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Panic to paranoia: One year on, mental health crisis still unfolding across India

“Unless mental health is treated as a core element in our response to the pandemic, the long term social and economic costs will be severe,” Vikram Thaploo, CEO of Apollo TeleHealth in Hyderabad. noted.Of the 3,000 odd mental health consultations over the past year till February 2021, about 65 per cent related to anxiety and depression and most people were in their 20s and 30s.

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89 deaths reported following COVID vaccination till March 16, but none attributed to vaccine: Govt

Adequate measures have been put in place to manage AEFI cases like availability of anaphylaxis kits at each vaccination site, immediate referral to adverse events following immunization (AEFI) management centre and observation of vaccine recipients for 30 minutes at session site so as to take timely corrective measure.

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Sebi tightens rules for exchange disruptions

SEBI also said on Monday it had asked the NSE to identify those responsible for the failure within 21 days and to determine why it did not move to a backup swifter.

Brokers and traders criticised the NSE sharply for not communicating well enough during last month’s outage, which they said caused losses for some investors.

The outage was the second major one for the NSE in recent years after a five-hour shutdown in 2017 due to a software problem.

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RBI forms external advisory committee for evaluating banking applications

The guidelines for ‘on tap’ licensing of Universal Banks in the private sector on August 1, 2016 and the guidelines for ‘on tap’ Licensing of Small Finance Banks in the private sector on December 5, 2019, had indicated that the applications for Universal Banks and Small Finance Banks would be initially screened by the RBI to ensure prima facie eligibility of the applicants.

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