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Tens of millions have plunged into poverty in Covid ravaged India

Economists warn depleting household savings and falling incomes will have an impact on domestic consumption, which accounts for almost 60% of GDP. A study by Nikhil Gupta, an economist at Mumbai-based brokerage Motilal Oswal Financial Services Ltd., found that India’s household savings dropped to 22.1% of GDP in the quarter through December, from 28.1% in the three months ended June last year. Full-year numbers show India’s savings growth lagged behind the likes of the U.S., the U.K. and Japan, he said.

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Covid-19 treatment now covered under Goa government’s health scheme

The notification said all charges, including admission, those related to medical consultancy, nursing, beds, diet, PPE kits, X-Ray, ECG and cardiac monitor, among others, will be covered under the scheme’s package.

It offers health insurance coverage between Rs 2.5 lakh and Rs 4 lakh, depending on the number of family members, and provides benefits on a cashless basis.

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Moderna vaccine 96 percent effective in 12-17 year-olds, study shows

The pharmaceutical company said that any side effects had been “mild or moderate in severity,” most commonly pain at the injection site. With the second shot, side effects included “headache, fatigue, myalgia and chills,” similar to those observed in adults who had received the vaccine.

“No serious safety concerns have been identified to date,” it said.

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‘Turning the Corner’: U.S. COVID outlook reaches most hopeful point yet

Americans have entered a new, hopeful phase of the pandemic. Buoyed by a sense that the coronavirus is waning, in part because of vaccinations, more people are shrugging off masks, venturing into restaurants and returning to their pre-pandemic routines. Mayors, governors and other local officials — once the bearers of grim news about the virus’s toll and strict rules for businesses — have joined in the newfound optimism, rapidly loosening restrictions.

Public health experts remain cautious, but said that while they still expect significant local and regional surges in the coming weeks, they do not think they will be as widespread or reach past peaks.

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Over 11.8 lakh beneficiaries of age group 18-44 vaccinated so far in Phase-3: Health Ministry

The ministry said 16,49,73,058 vaccine doses have been administered through 24,11,300 sessions, as per the provisional report till 7 am today and more than 23 lakh vaccination doses were administered in the last 24 hours. As on Day-111 of the vaccination drive (May 6, 2021), 23,70,298 vaccine doses were given. Across 18,938 sessions, 10,60,064 beneficiaries were vaccinated for 1st dose and 13,10,234 beneficiaries received their 2nd dose of vaccine.

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