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SpiceJet gearing up to provide logistics support for COVID vaccination

After playing a critical role in transporting essentials and medical supplies during the lockdown, SpiceXpress, has come forth to take up the responsibility of seamlessly transporting the vaccine through a specialised service called Spice Pharma Pro, SpiceJet said in a release.

The temperature sensitivity to maintain efficacy of the vaccine calls for reliable, fast and secure logistics partners who understand the importance of cold chain, and to this end the company has partnered with global leaders in the segment, it said.

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59% Indians sceptical about Covid-19 vaccine, won’t rush to take it: Survey

With 65 per cent citizens believing that the vaccine should not be rolled for commercial or hospital use till the digital vaccine tracking platform is ready indicates that people of India believe that there is a high risk that the vaccine without a working digital platform could get in the wrong hands leading to black-marketing scenarios and even counterfeiting.

The digital vaccine tracking platform would reportedly need to track the supply of close to 1.7 billion Covid-19 vaccine doses needed to immunise most of India’s adult population – a mammoth task than any in the history, keeping in mind the country’s experience with large immunisation campaigns.

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When and how will COVID-19 vaccines become available?

Essential workers, a group of 87 million people who do crucial jobs that cannot be done from home, are the likely next group. This includes firefighters, police, school employees, transport workers, food and agriculture workers and food service employees.

Around 100 million adults with high-risk medical conditions and 53 million adults over the age of 65, also considered at higher risk of severe disease, are the next priority.

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Allianz to acquier Westpac Banking Corp’s general insurance business

It will also enter into a new 20-year exclusive agreement for the distribution of general insurance products to Westpac customers in an expansion of its existing bancassurance agreement, which has been in place since 2015.Under the new distribution agreement, along with the existing products of motor, caravan and trailer and travel insurance,

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Cyclone Burevi slams into eastern Sri Lanka

The cyclone is likely to damage coastal buildings and power lines and unleash flash floods, the island’s disaster management center said, advising those living near its path to stay indoors.Those evacuated, from the Trincomalee district expected to be hit the hardest, have been moved into 237 relief centers until the cyclone passes, disaster officials said.

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Battery costs fall, make electric vehicles cheaper – BMI

BMI estimates that between 2014 and 2017 the price of battery cells fell 16.5% per annum, but between 2017 and 2020 the drop was only 5.8% per annum.
“We may have seen the last of the big easy wins for lithium-ion battery producers in reducing cost.It is now about reducing and stabilising the cost of your biggest input raw materials such as lithium, nickel, graphite, cobalt and manganese,”,”BMI Managing Director Simon Moores said.

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