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Up to 4,000 financial firms could fail due to COVID, says UK regulator

“At end of October we’ve identified there are 4,000 financial services firms with low financial resilience and at heightened risk of failure,” said Sheldon Mills, the FCA’s executive director of consumers and competition.

“These are predominantly small and medium sized firms and approximately 30% have the potential to cause harm in failure.”

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Severe allergic reactions reported in the US after getting COVID-19 vaccine, but CDC says cases are rare

The Centers for Disease Control and Prevention said early safety monitoring has detected 21 cases of anaphylaxis, a severe allergic reaction, after receiving the Pfizer-BioNTech COVID-19 vaccine.

Anaphylaxis is a serious, life-threatening allergic reaction and requires immediate medical attention, according to the American Academy of Allergy Asthma & Immunology. Symptoms can include skin rash, nausea, vomiting, difficulty breathing and shock. The most common anaphylactic reactions are to foods, insect stings, medication and latex.

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Loan repay demand by official is not abetment to suicide: HC

the demand of outstanding loan amount from the person who was in default of payment of loan amount, during the course of employment as a duty, at any stretch of imagination cannot be said to be any intention to aid or to instigate or to abet the deceased to commit suicide,” HC said
There have some cases recently in Telangana of people reportedly ending their lives after they were harassed to pay back loans given in alleged violations of regulatory guidelines to gullible and needy victims facing economic hardships,
 

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COVID recoveries cross 1 cr-mark; recovered cases are 44 times number of active cases

The national COVID-19 recovery rate stands at 96.36 percent. Following the national pursuit, all states and union territories have recovery rate more than 90 percent.

“India’s recovery rate is the highest in the world. Countries with higher caseload are reporting lesser recovery rate than India’s,” the ministry underlined.

With the expansion in the testing infrastructure, the COVID-19 positivity rate of India has also gone down. The daily positivity rate remains below 3 per cent.

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