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India poised to grow at world’s fastest rate despite virus
The biggest hit from the second wave of Covid infections has been to demand, with a loss of mobility, discretionary spending and employment, the Reserve Bank of India said earlier this month.
Even as virus cases have started receding and some parts of the country may reopen by June, consumers are unlikely to spend freely, given the economic uncertainties and with unemployment at its highest level in a year.
Maha: Newborn tests positive for coronavirus in Palghar
UAE extends suspension on flights from India till June 30
”Furthermore, passengers who have transited through India in the last 14 days will not be accepted to travel from any other point to the UAE,” it said. However, ”UAE nationals, holders of UAE Golden Visas and members of diplomatic missions who comply with the revised published COVID-19 protocols will be exempt for travel,” the statement said.
Overall impact of second Covid wave on economy not likely to be large: CEA
Subramanian said it would be “difficult to predict exact growth number that the country may achieve as the path for pandemic still remains uncertain”.
Going forward, fiscal and monetary support will be important for economy, the CEA added.
Can people vaccinated against COVID-19 still spread the coronavirus?
COVID-19 poses a particular challenge because people with asymptomatic and pre-symptomatic infections can spread the disease and insufficient contact tracing and testing mean those without symptoms are rarely detected.
Some scientists estimate that the number of asymptomatic COVID-19 infections in the overall population could be 3 to 20 times higher than the number of confirmed cases.
Twitter has to comply with new IT rules for digital media, says Delhi HC
The Centre alleged that Twitter refused to comply with new digital rules requiring identification of the originator of a flagged message and appointing grievance redressal officers and the purported commitment of the US-based firm to India not only sounds hollow but completely self-serving.
There needs to be one price for COVID-19 vaccines across the nation,” Supreme Court questions Central govt on dual policy
“Centre says it gets vaccines at low pricing since it buys in bulk, if this is the rationale then why do states have the higher price? There needs to be one price for the vaccines across the nation. Pandemic has evolved in last two months,” the Court said.
“In this case, if the purpose is to procure vaccines then why should the centre confine itself to only post 45 age people and leave pre 45 age entirely to state for arranging logistics. How do we look at the marginalised and economically weaker ones?” asked the Apex Court.
India’s second COVID-19 wave rattles business confidence – survey
India’s earnings season for the fourth quarter ended March 31 has been a mixed bag, with only 18 of the 42 Nifty 50 companies that have reported so far beating estimates, according to Refinitiv Eikon data.
Drones for Health
“When a woman has lost a lot of blood during childbirth and may need to be transferred to a bigger medical facility, she first needs to be stabilized where she is before being driven out of that place. The timely delivery of blood can be lifesaving. A drone can be sent to deliver the blood so that the patient is stabilized,” says Lorato Mokganya, Chief Health Officer in the Ministry of Health and Wellness.
Nestle, under fire over unhealthy products, working on new strategy
The newspaper said it had seen an internal presentation circulated among top executives early this year stating that more than 60% of Nestle’s mainstream food and drinks portfolio could not be considered healthy under a “recognised definition of health”.