Dr Fu Siong Ng, senior author for the study said "This study shows...
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COVID-19 cases in India cross 68-lakh mark
The total recoveries have surged to 58,27,704 while there are 9,02,425 active cases of coronavirus infection in the country which comprises 13.20 per cent of the total caseload, the data stated.
The COVID-19 case fatality rate due to the coronavirus infection has dropped to 1.54 per cent.
U.S. lawmakers detail Big Tech’s market abuses and press for strict reform
The report by the antitrust subcommittee of the Judiciary Committee recommends that Alphabet Inc.’s Google, Apple Inc., Amazon.com and Facebook – with a combined market value of over $5 trillion – should not both control and compete in related businesses.
South Asia faces worst ever recession, tipping millions into poverty: World Bank
“The impact on livelihoods will even be larger than the GDP forecast suggests…This implies that the region will experience a sharp increase in the poverty rate,” the bank said in its bi-annual report.
India, the region’s biggest economy, is likely to see its economy contract by 9.5% this year, the report said.
WHO reports record one-day rise in global coronavirus cases amid European outbreak
As a region, Europe is now reporting more cases than India, Brazil or the United States.
According to a Reuters analysis of more recent country data, COVID-19 infections are rising in 54 countries, including surges in Argentina, Canada and much of Europe.
Infections in the United Kingdom have reached record levels with over 17,000 new cases reported on Thursday.
“We are seeing a definite and sustained increase in cases and admissions to hospital. The trend is clear, and it is very concerning,” said Dr Yvonne Doyle, medical director for Public Health England.
Hedge funds make pandemic bet on insurance
Investors reckon that in a world where virus outbreaks and climate disasters may be the new normal, innovative new insurance products such as those providing relief during future lockdowns or when staff sickness hinders business, will prove lucrative.
Even while share prices remain subdued, insurers’ debt sales for the most part have been oversubscribed this year, thanks to strong credit quality, typically in the single-A category.
India’s coronavirus infections rise by 70,496 to 6.91 million
The COVID-19 case fatality rate due to the coronavirus infection was recorded at 1.54 per cent.
India’s death toll from the novel coronavirus rose past 100,000 on Saturday, only the third country in the world to reach that bleak milestone, after the United States and Brazil, and its epidemic shows no sign of abating.
World Bank praises efforts to arrest COVID-19 spread in Mumbai’s Dharavi
Dharavi, which is located in India’s commercial capital Mumbai, is spread over an area of 2.5 square kilometres and has a population of 650,000. People live in shanties and dilapidated buildings with narrow lanes and open sewers.
Observing that effective approaches have tapped the skills and dedication of community members, the World Bank said that in Mumbai, city officials were able to stem the rapid spread of the coronavirus in Dharavi, one of the city’s largest urban settlements, by mobilising community members and staff from private medical clinics for a strategy based on mass screening for fever and oxygen levels.
Who pays for the toilet paper? The big questions of the work-from-home era
Of course, the 2 euros a day is for an average worker with average costs, but can be tweaked depending on measures such as home heating and water costs, or the quality of insulation.
It does not cover new furniture, computers, phones, or other equipment which NIBUD says employees should receive from their employers if necessary for their work.
Indian CEOs less confident about economic growth; 62% took pay cuts: KPMG Survey
The CEOs have already seen accelerated progress in digital transformation during the pandemic and are likely to prioritise investments in new technologies to become future-ready, and 89 per cent of them plan to invest more on technology, the survey noted.
Working from home can feel like sleeping at work: Microsoft’s Satya Nadella
He also said remote work misses some of the benefits of the office. “Video meetings are more transactional,” he said. “Work happens before meetings, after meetings.”