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Do not relax anti-pollution GRAP-4 curbs in Delhi without court’s nod: SC
A bench of Justices Abhay S Oka and Augustine George Masih pointed...
End the secrecy: Insurers call on the EU to regulate private Third-Party Litigation Funding
Currently, the practice whereby private investors who are not party...
15 million in US missed second dose of Covid jab: CDC
But experts stress that completing vaccination will be crucial as the highly transmissible Delta variant of Covid continues its spread, the report said.
As of Saturday, the CDC said 182,109,860 people had received at least one dose while 156,982,549 people are fully vaccinated.
India records 39,796 new COVID-19 cases, 723 deaths
The case fatality rate stands at 1.32 per cent, the data stated.
The cumulative vaccine doses administered has reached 35.28 crore under the nationwide vaccination drive, the ministry said.
“Eight States viz. Uttar Pradesh, Madhya Pradesh, Rajasthan, Tamil Nadu, Bihar, Gujarat, Karnataka, and Maharashtra have administered more than 50 lakh first dose of COVID-19 Vaccine in the age group 18-44 years”, the release stated.
ICMR-NICED proposes research on oral COVID vaccine
“We have submitted a proposal for research on an oral vaccine. It will be carried out in collaboration with a German firm. Work can be started once it gets selected and funded,” ICMR-NICED Director Shanta Dutta said.
She said it will take around 5-6 years to develop the oral vaccine in a laboratory.
India’s June services activity shrinks at fastest rate in 11-months
“PMI data for June showed quicker declines in new business, output and employment that were sharp but much softer than those recorded in the first lockdown.”
Muted demand sank the new business sub-index to its lowest since July 2020.
As a result, firms shed headcount for a seventh straight month, with the fastest reduction rate recorded in June. A Reuters poll taken around a month ago showed the job crisis may worsen over the coming year.Asia’s third largest economy, which has already recorded more than 400,000 COVID-19 deaths, is still reporting over 40,000 coronavirus cases per day, taking the total number of infections to over 30.5 million.
Should people with immune problems get third vaccine doses?
Since April, health care providers in France have routinely given a third dose of a two-dose vaccine to people with certain immune conditions. The number of organ transplant recipients who had antibodies increased to 68% four weeks after the third dose from 40% after the second dose, one team of French researchers recently reported.
Increase in household debt stress is worrying: SBI report
Household debt — after taking into account retail loans, crop loans and business loans from financial institutions like commercial banks, credit societies, NBFCs and HFCs — has sharply increased to 37.3 per cent of GDP in FY21 from 32.5 per cent of GDP in FY20.
“The decline in bank deposits in FY21 and concomitant increase in health expenditure may result in further increase in household debt to GDP in FY22,” said the report. India’s household debt to GDP ratio is still lower than other countries, though there is need to supplement wage income as a percentage of GDP that has been declining.
Rural Thrust: Indian Insurance Penetration
Private insurers, mostly confining their operations to urban India, aim at making hefty profits while as public sector insurers, currently struggling for their survival, both defeating the actual purpose of delivery of insurance services to the public. Lack of trained manpower at rural level with unaggressive marketing strategy
Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report
New rules limiting flash sales, barring misleading advertisements and mandating a complaints system, among other proposals, could force the likes of Amazon and Flipkart to review their business structures, and may increase costs for domestic rivals including Reliance Industries’ JioMart, BigBasket and Snapdeal.
China orders Didi to be removed from app stores, days after mega US listing
The Cyberspace Administration of China (CAC) said on its social media feed that it had ordered Didi to make changes to comply with Chinese data protection rules. It did not specify the nature of Didi’s violation.
FPIs invest Rs 13,269 cr in Indian markets
Among emerging markets, India witnessed the highest FPI inflows of USD 1,498 million, followed by Indonesia (USD 342 million). On the other hand, Taiwan witnessed the highest FPI outflows of USD 1,814 million, South Korea USD 792 million and Phillipines USD 79 million, he added.