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Nifty, Sensex break all records on Monday opening
After a brief two-day consolidation, the Nifty resumed its upward...
Cyclone Michaung: Economic and Insured losses of Chennai floods will be much less than 2015 event
Preliminary estimate of 5th December devastation out of...
Germany unleashes biggest post-war aid package against virus
Some 550 billion euros (USD 614 billion) in government-backed loans that was announced is just “for starters”, said Economy Minister Peter Altmaier at the same press conference.
S. Korea temporarily bans stock short selling for 6 months
The move follows similar steps taken earlier in other major markets hit by the spread of COVID-19, including Italy and Spain.
India declares coronavirus outbreak as a notified disaster
The move would enable the states to spend a larger chunk of funds from the State Disaster Response Fund (SDRF) to fight the pandemic.
India reports second death from coronavirus
So far, a total of 82 positive cases of Coronavirus have been traced in the country, according to the data provided by the Union health ministry. Among the 82, there are 17 foreign nationals and 65 Indians who have tested positive for coronavirus. Five people have been cured so far, and two people have succumbed to it. A maximum of 19 positive cases have been reported from the state of Kerala including the three cured patients who had returned from China’s Hubei province.
Coronavirus drives patients to online doctors, spurring telemedicine sector
As COVID-19 spreads across Europe, leaving new patients in its wake, the fear of infection and a saturated health-care system are driving large numbers of people online for medical consultations. Startups like General Atlantic-backed Doctolib and insurer AXA SA-supported Qare in France, Swedish Kry International AB’s unit Livi, the UK’s Push Doctor and Germany’s Compugroup Medical SE that offer up virtual doctors are raking it in.
VW launches software it hopes will make car accidents obsolete by 2050
Next generation cars will be equipped with software, sensors and processors that enable vehicles to anticipate and avoid accidents, and to keep learning new reflexes, the German car brand’s strategy chief Michael Jost said in Berlin.
Europe now epicentre of Coronavirus Pandemic: World Health Organisation
The virus, which first surfaced in China in December, has now killed more than 5,000 people, with cases around the world topping 134,000, according to an AFP tally.
President Trump declares a national emergency to check coronavirus
U.S. President Donald Trump on Friday declared a national emergency over the fast-spreading coronavirus, opening the door to providing what he said was about $50 billion in federal aid to fight the disease.
US regulators approve Roche’s new and faster COVID-19 test
The US Food and Drug Administration (FDA) has given the green light to commercialise the SARS-CoV-2 Test to detect the virus that has sparked the global COVID-19 pandemic, Roche said in a statement.
Govt, RBI closely monitoring markets: FM
“Global markets have undergone severe volatility, and we are monitoring the situation. It is no consolation to say that stock markets in India and elsewhere have suffered. Globally there are serious repercussions being felt. We are conscious of the developments. Together with the RBI, we are monitoring and making sure where necessary, we take steps,” Sitharaman said at a post-Cabinet press conference.