Facts

It makes no sense economically to burn money on coal plants that will soon become stranded assets,” he added. There is simply no rational case for coal power in any investment plan.”

Do you need mask if driving or cycling alone? Health Ministry official says no such guidelines

Sep 3, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

if someone is exercising, cycling or jogging in a group, they should wear masks and maintain social distancing so as not to infect each other, Secretary in the Union Health Ministry Rajesh Bhushan said at a press briefing.

Everyone could be a carrier: Covering coronavirus pandemic in rural India

Sep 2, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

Infections in India now total over 3.5 million, rising from two million in just over three weeks – the third highest number of coronavirus infections in the world. The disease is rampant in rural India, where people often have to rely on the most basic health facilities.

COVID-19 antibodies present in patients four months after recovery – study

Sep 2, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Pandemic

An editorial that accompanied the study cautioned that it is unclear if recovered patients’ antibodies will protect them from reinfection.

However, it suggested that antibody tests may be a cost-effective alternative to infection testing alone, and may work better in surveying populations as countries look to safely reopen their economies and schools.

Steroids cut death rates among critically ill COVID-19 patients, major study finds

Sep 2, 2020 | Eco/Invest/Demography, Facts, Health, Pandemic

“Steroids are a cheap and readily available medication, and our analysis has confirmed that they are effective in reducing deaths amongst the people most severely affected by COVID-19,” Jonathan Sterne, a professor of medical statistics and epidemiology at Britain’s Bristol University who worked on the analysis, told the briefing.

Small the new big for hotels post-pandemic, says Oyo CEO

Sep 1, 2020 | Eco/Invest/Demography, Facts, Pandemic

“Small hotels are going to be in vogue. In my view, small is going to be the new big, wherein people will rethink a lot about going back to that 1,000-room hotel versus going to a 40-room niche hotel.”

New mobility revolution:Japanese tech company test ‘Flying Cars’

Aug 31, 2020 | Eco/Invest/Demography, Facts, Non-Life, Technology

The company, SkyDrive, said in a news release on Friday that it had completed a flight test using “the world’s first manned testing machine,” its SD-03 model, an electrical vertical takeoff and landing (eVTOL) vehicle. The flight time was four minutes, the company said.

The aircraft has one seat and operates with eight motors and two propellers on each corner. It lifted about 3 meters (or about 10 feet) into the air and was operated by a pilot, the company said.

Female fund managers beat men at stock picks: Goldman Sachs Group

Aug 31, 2020 | Eco/Invest/Demography, Facts

Women are still a small minority in the industry. Only 3% of the mutual funds tracked by Goldman have an all-female fund manager team, collectively managing just 2% of total assets. In contrast, 77% are managed by an all-male team, with these funds accounting for 57% of assets.
Female-managed funds are benefiting from a preference for technology stocks, an industry that has dominated gains. Male managers lean toward financial shares, the second-worst performer in the S&P 500. Also helping widen the gap is Tesla Inc., which is more widely owned by female managers.

Mutated coronavirus strain found in Indonesia as cases jump: Report

Aug 31, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic

Syahrizal Syarif, an epidemiologist with the University of Indonesia, warned Indonesians must remain vigilant, as his modelling suggests the country may see its caseload rise to 500,000 by the end of the year.

“The situation is serious …. Local transmission currently is out of control,” Syarif said, adding that the number of infections found daily could have been much higher if laboratories were able to process more specimens in a day.