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No plan to make Covid testing mandatory at airports as of now, say health ministry sources
There is also no increase in hospitalisation rates and COVID-19 is...
Red Sea attacks a risk for Indian exports
New Delhi may consider an alternate route along Africa for...
For 90% workers in India’s informal economy, there’s no shelter from COVID-19
From Southeast Asia to South America, the world’s 2 billion informal workers are suffering some of the earliest and most devastating effects of the coronavirus and social distancing. Yet public aid packages have so far been largely directed at formal businesses and employees. If governments like India’s want to manage Covid-19 and its economic fallout, they’ll need to act quickly to secure the health and safety of their informal workforces.Roughly 60% of the world’s working population is employed in informal enterprises. In emerging markets, such work often constitutes the bulk of economic output, including production, distribution and sales.
China is concealing extent of coronavirus outbreak, says US intel repo
China isn’t the only country with suspect public reporting. Western officials have pointed to Iran, Russia, Indonesia and especially North Korea, which has not reported a single case of the disease, as probable under-counts. Others including Saudi Arabia and Egypt may also be playing down their numbers.
Pandemic fears curb stocks as markets wait on U.S. jobs test next
White House medical advisers now forecast that even if Americans follow unprecedented stay-at-home orders, some 100,000 to 240,000 people could die from the respiratory disease.
29 insurers launch new standard health products, to cover Covid-19 treatment costs
Besides newly launched ‘Arogya Sanjeevani’ IRDAI has already clarified to the public, that the existing indemnity based health insurance products, that cover the treatment costs of hospitalization offered by all general and health insurance companies,also cover the costs of hospitalization treatment on account of COVID -19.
Germany, credit insurers agree plan to keep trade flowing
Under the plan, the government would guarantee up to 30 billion euros ($32.8 billion) for the commercial credit insurance industry, the sources said.
Caronavirus Pandemic:Govt extends health,motor vehicle insurance validity till April 21
From its side IRDAI has said that the policyholders will be required to pay the renewal premium for the entire period of 12 months from the date it was due, on or before 21st April, 2020.
Caronavirus Pandemic:’Staggered’exit post 21-day lockdown, PM asks states to come up with a plan
In its latest update, the Union Home Ministry put the consolidated nationwide tally at 53 deaths and 2,069 confirmed cases of infection, including 55 foreign nationals.Worldwide, the number of Covid-19 cases has crossed 966,702, and around 49,290 have died
Donald Trump casts doubt on Chinese coronavirus figures
China has publicly reported 82,394 confirmed cases and 3,316 deaths as of Thursday, according to a rolling tracker by Johns Hopkins University.That compares to 216,722 cases and 5.137 deaths in the United States, the country with the world’s largest reported outbreak.
Coronavirus pandemic: Over 95% who died in Europe were over 60: WHO
The U.N. health agency says 10% to 15% of people under 50 with the disease have moderate or severe infection.
“Severe cases of the disease have been seen in people in their teens or 20s with many requiring intensive care and some unfortunately passing away,” Kluge said.
EU states step in where trade credit insurers fear to tread
Without insurance, companies can be reluctant to buy or sell goods or services to others, with a rise in insolvencies expected among European firms forced to halt operations due to lockdowns aimed at slowing the coronavirus pandemic’s spread.
Atradius, which like rivals Coface and Euler Hermes sells protection to companies against the risk of default by their customers, forecasts a 2.1% rise in insolvencies in western Europe this year, compared with a 0.2% fall in 2019.