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Global coronavirus cases surpass the 40 million milestone

Since the pandemic started, over 1.1 million people have died due to COVID-19, with the global fatality rate hovering around 2.8% of the total cases.

An official at the World Health Organization has said the global death toll from COVID-19 could double to 2 million before a successful vaccine is widely used and could be even higher without concerted action to curb the pandemic.
The United States, India, and Brazil remain the worst affected countries in the world. COVID-19 cases in North, Central, and South America represent about 47.27% or nearly half of global cases.

Around 247 cases are seen per 10,000 people in the United States. For India and Brazil, those numbers stand at 55 cases and 248 cases per 10,000 people respectivel

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India coronavirus infections rise by 55,722, crosses 75-lakh mark

There are 7,72,055 active cases of coronavirus infection in the country which comprises 10.23 per cent of the total caseload,the data stated

The national recovery rate has improved to 88.26 per cent while the case fatality rate due COVID-19 stands at 1.52 per cent
The country’s cumulative positivity rate stands at 7.94 percent and is on a continuous decline, the ministry said in a statement.

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China’s economic recovery quickens as consumption returns

Policymakers globally are pinning their hopes on a robust recovery in China to help restart demand as economies struggle with heavy lockdowns and a second wave of coronavirus infections.China has partially emerged from a record slump caused by coronavirus shutdowns in the first months of the year.The world’s second-largest economy grew 0.7% in the first nine months from a year earlier, the National Bureau of Statistics (NBS) said.

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Possibility of second wave of coronavirus infections in winter season cannot be ruled out: Expert panel chief V K Paul

“In India, the new coronavirus cases and number of deaths have declined in the last three weeks and the pandemic has stabilised in most of the statesHowever, there are five states (Kerala, Karnataka, Rajasthan, Chhattisgarh and West Bengal) and 3-4 Union Territories (UTs), where there is still a rising trend,” Paul said.

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COVID-19 prompts workers, corporates to adopt gig economy

Experts believe that gig economy provides a win-win situation for both parties and its reach is slowly expanding from less-skilled services to high-skilled jobs.

“Gig economy has been there for a long time. It’s being embraced like never before, that too in India, due to both economic conditions and COVID-19 situation,” said Kaushik Banerjee, Vice President and Business Head of Teamlease.com and Freshersworld.com.

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