Category:

Eco/Invest/Demography

Financial systems designed in wrong way, Covid-19 has revealed weaknesses:Muhammad Yunus

“COVID has given us a chance to reflect on how big, bold decisions can be taken. It has given us a window of thinking and we have a choice, whether we go to that terrible world which is going to destroy itself anyway or we go someplace else and build a new world where there will be no global warming, no wealth concentration, no unemployment,” the pioneer of micro credit financing said.

read more

India is at a disadvantage in dealing with pandemics

Even in the short term, though, there are quick lessons to learn. Consider one success story in India — the outbreak in the massive Mumbai slum of Dharavi, where “Slumdog Millionaire” was famously set. Early on, it seemed that Dharavi would almost certainly suffer an exponential rise in cases. Instead, an innovative combination of privately staffed fever clinics, repurposed public infrastructure and manpower from non-governmental organizations managed to flatten the curve there.

read more

No BS-IV vehicle registration until decision on sale during lockdown: SC

The bench, also comprising Justices B R Gavai and Krishna Murari, asked the automobile dealers association to place before it the details of vehicles sold either online or through direct sale during the lockdown period in last week of March.During the brief hearing conducted through video conferencing on Friday, a bench headed by Justice Arun Mishra made clear that no BS-4 vehicles will be registered by the authorities till it decides the issue

read more

India’s coronavirus cases rise by a daily record of 55,078, death toll at 35,747

Covid-19 infections in the country jumped by 55,078 in the past 24 hours, while the death toll rose by 779 to 35,747, the Ministry of Health and Family Welfare said on its website.Maharashtra has reported its highest single-day spike of 11,147 cases and its tally now stands at 4,11,798. Tamil Nadu’s corona tally has shot up to  239,978 with 5,864 fresh cases. Both states have extended their lockdowns until August 31, with some relaxations.
India’s Covid-19 recovery rate now stands at 64.54 per cent, said Union Health Minister Dr Harsh Vardhan here on Friday.

read more