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Coronavirus outbreak: FinMin says Indian macroeconomic outlook vulnerable to disruption of trade with China
The coronavirus outbreak, first in China and now having being confirmed in more than 100 countries, has emerged as a key risk to human health as well as global growth outlook through numerous channels like trade, production and supply chain disruptions as well as decline in demand.
This was stated by Minister of State for Finance Anurag Thakur in a written reply to a question in the Lok Sabha.
Europe’s Soccer Clubs may face $1B Bill if Coronavirus forces season cancellation
The move to suspend international games and competitions in England, Spain and Italy has got media lawyers poring over broadcast rights contracts that are a big source of income for clubs such as Manchester United, Barcelona and Juventus.
Tackling Covid-19: India proposes emergency fund for SAARC Nations
“We are assembling a Rapid Response Team of doctors and specialists in India, along with testing kits and other equipment. They will be on stand-by, to be placed at your disposal, if required. We had set up an Integrated Disease Surveillance Portal to better trace possible virus carriers and the people they contacted. We could share this Disease Surveillance software with SAARC partners, and training on using this. Looking ahead, we could create a common Research Platform, to coordinate research on controlling epidemic diseases within our South Asian region. The Indian Council of Medical Research can offer help coordinating such an exercise,” said Indian Prime Minister Narendra Modi
Checking Caronavirus:US Federal Reserve cut interest rates to near zero
With limited testing available, US officials have recorded nearly 3,000 cases and 62 deaths. Globally more than 162,000 are infected and over 6,000 have died.
FPIs get the jitters over Coronavirus, withdraw Rs 37,976 cr in March
“The spread of coronavirus outbreak, which has now been declared a pandemic, and continued slowdown in the global economy, has created a vicious cycle which is consuming investors worldwide,” said Himanshu Srivastava, senior analyst manager research, Morningstar Investment Adviser India.
Coronavirus spreads quickly and sometimes before people have symptoms: tudy
“Our findings are corroborated by instances of silent transmission and rising case counts in hundreds of cities worldwide,” Meyers said. “This tells us that COVID-19 outbreaks can be elusive and require extreme measures.”
Coronavirus update: COVID-19 cases rise to almost 100 in India, Maharashtra tops the list
With the number of coronavirus positive cases shooting to 31, Maharashtra has emerged as the worst-hit state in the country. Five new cases were detected in Pimpri-Chinchwad in Pune district, late on Saturday night, a health official said.
Scientists in Israel likely to announce it developed coronavirus vaccine: Report
Israeli daily Ha’aretz, quoting medical sources, reported on Thursday that scientists at the Israel’s Institute for Biological Research, supervised by the Prime Minister’s office, have recently had a significant breakthrough in understanding the biological mechanism and qualities of the virus, including better diagnostic capability, production of antibodies for those who already have the virus and development of a vaccine
Generali, other Italian companies rush to provide funds for virus emergency
Generali said it would create an extraordinary international fund of up to 100 million euros ($112 million) to help countries facing the coronavirus emergency.
Coronavirus: Saudi Arabia extends travel ban to EU, 12 nations including India
The travel ban excludes Indian and Filipino medical practitioners working in the Kingdom, taking into account the necessary and required precautions, the report said.