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Indian exporters face rising costs after Houthi Red Sea attacks
Exporters said 95% of vessels had rerouted around the Cape of Good...
Container rates soar on concerns of prolonged Red Sea disruption, inflation
"Tanker rates will increase and futures are up this morning," said...
BA, Ryanair, easyJet protest over ‘wholly unjustified’ UK quarantine plan
With planes around the world grounded since late March, airlines had hoped to start flying from July, but bosses say quarantine measures will hamper that recovery.
From June 8, almost everyone arriving in Britain will be required to self-isolate for 14 days and to fill in a contact form with details of their accommodation.
Describing itself as a “pre-action protocol letter,” meaning it could be followed by legal action, the letter from British Airways, Ryanair and easyJet said the government had failed to justify the blanket nature of the regulations.
FPIs invest Rs 18,589 cr in 1st week of June as market sentiment improves
Prior to this, foreign portfolio investors (FPIs) were net sellers for three consecutive months. They withdrew Rs 7,366 crore in May, Rs 15,403 crore in April and a record Rs 1.1 lakh crore in March.Market sentiment has improved as the Indian government announced an overall Rs 20 lakh crore economic relief package to tide over the challenges posed by COVID-19 pandemic and the lockdown, said Bajaj Capital Research.
Equity MFs give 25% returns during lockdown amid market recovery
Prior to this, all the equity schemes had given negative returns, in the range of (-) 32-37 percent, since the beginning of the bear market on February 19 to the announcement of lockdown on March 24.
Covid-19 opportunity for India to speed up Ayushman Bharat: WHO chief Tedros Ghebreyesus
“Of course COVID is very unfortunate and it’s challenging for many nations but we need to look for opportunities too. For instance for India, this could be an opportunity to speed up Ayushman Bharat, especially with a focus on primary health care. I know there is a very strong commitment from the government to speed up the implementation of Ayushman Bharat and with primary healthcare and community engagement, I think we can really turn the tide,” Ghebreyesus said during a press briefing in Geneva on Friday.
SC asks if pvt hospitals ready to charge COVID-19 patients at Ayushman Bharat rate
Advocate Sachin Jain, who has filed the petition, told the bench that rates prescribed under the Ayushmann Bharat scheme should be made applicable to the hospitals.
“The Union of India should stand with the citizens and not with corporate hospitals,” Jain said.
COVID-19 epidemics in India, South Asia growing but not exploding – WHO
“In South Asia, not just in India, but in Bangladesh and… Pakistan and other countries of South Asia with large dense populations, the disease has not exploded, but there is always the risk of that happening,” Dr. Mike Ryan, WHO’s top emergency expert, told a news conference.
Soumya Swaminathan, WHO’s chief scientist, noting India has a population of 1.3 billion, said that the 200,000 reported cases, “look big but for a country of this size it’s still modest”.
Gargling with bleach? Americans misusing disinfectants to prevent coronavirus, survey finds
In late April, Trump asked scientists during one of his coronavirus task force briefings whether inserting disinfectant into the bodies of people infected with the virus might help clear the disease, horrifying health experts. Makers of household cleaners were compelled to urge people not to drink or inject their products.
Some 39% of people surveyed reported intentionally engaging in at least one high-risk practice not recommended by the CDC to prevent coronavirus infection, including using bleach to clean food or misting the body with a disinfectant spray. Four percent drank or gargled with diluted bleach solutions, soapy water or disinfectants.
UK halts trial of hydroxychloroquine as ‘useless’ for COVID-19 patients
“This is not a treatment for COVID-19. It doesn’t work,” Martin Landray, an Oxford University professor who is co-leading the RECOVERY trial, told reporters.
“This result should change medical practice worldwide. We can now stop using a drug that is useless.”
Self-driving sector contends its cars can prevent many more crashes than insurance study says
Jack Weast, vice president of autonomous vehicle standards at Intel Corp’s Mobileye, in an interview on Friday said the auto industry was assembling a vast list of likely road scenarios and human behavior that every driverless car should be able to navigate safely. Government agencies and insurance companies are part of that process, Weast said.
India now sixth worst-hit nation by COVID-19, surpasses Italy with an infection tally of 2,36,657
“Thus, around 48.20 per cent patients have recovered so far,” a senior health ministry official said