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Covid-19 Pandemic:Tracking an Unprecedented Year for Businesses

Nearly every business in the world has been affected by COVID-19—in different ways. While one-fourth of the companies saw sales falling 50 percent in the last quarter, a third of firms said their sales increased or stayed the same in the period.
To capture the impact of the pandemic on firms’ performance, the World Bank launched ongoing surveys with more than 120,000 firms in over 60 countries. The assessment is expected to help inform recovery efforts.
Developing countries have introduced multiple support programs, but businesses most affected by the shock—small firms and those in poorer countries—were the least likely to receive government support.
Crises are nothing new to small enterprises in developing countries.

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No COVID-19 deaths in last 24 hours in 18 states, UTs: Health ministry

The ministry said no case of serious or severe AEFI (adverse event following immunisation) or death is attributable to vaccination till date. The administration of second dose of COVID-19 vaccination started on February 13 for the beneficiaries who had completed 28 days after receipt of the first dose. As on day 32 (February 16) of the vaccination drive , a total of 2,76,943 doses were given across 7,001 sessions.

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ICICI Lombard partners with Flipkart to offer Hospicash insurance to consumers  

Compared to the standard indemnity health insurance policies, Hospicash is a benefit offering that allows consumers to avail a fixed amount for each day of hospitalization. The fixed daily amount enables consumers to pay for incidental medical or emergency expenses. The insurance is affordably priced, paperless, and flexible, covering both accidental hospitalizations or planned surgeries/ treatment.

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India’s COVID-19 ‘human barricade’ to keep cases under control, say experts

“India suffered through a lot and because it suffered through a lot, it’s reached the other shore now,” said Ramanan Laxminarayan, an epidemiologist at the Center for Disease Dynamics, Economics & Policy, a research firm based in Washington, D.C. and New Delhi. “I don’t see the prospect of a second wave in India. If it does happen, it will likely be a modest one.”

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COVID-19: New cases fall below 10,000 for fourth time in February

The number of people who have recuperated from the disease surged to 1,06,33, 025 which translates to a national COVID-19 recovery rate of 97.32 per cent, while the COVID-19 case fatality rate stands at 1.43 per cent
There are 1,36,872 active coronavirus infections in the country which comprise 1.25 per cent of the total caseload, the data stated

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World’s fastest vaccine push augurs return to normal in Israel

The Pfizer vaccine led to 94% fewer symptomatic illnesses and 92% fewer critically sick cases, according to a study of 1.2 million people by Israel’s largest health maintenance organization.

That success has spurred the government to ease restrictions on movement that have been in place for months. Next week, sporting and cultural events will be open to those who have been fully vaccinated, and everyone will be allowed to go to malls and shops.

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Covid-linked syndrome in children is growing and cases are more severe

Doctors across the US have been seeing a striking increase in the number of young people with the condition Braden had, which is called Multisystem Inflammatory Syndrome in Children or MIS-C. Even more worrisome, they say, is that more patients are now very sick than during the first wave of cases, which alarmed doctors and parents around the world last spring.

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