India is afflicted by a boom in depression. A mind-boggling 56...
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Hysterectomies in younger Indian women are influenced by insurance subsidies
The research found that women eligible for Aarogyasri health...
Govt drops antacid Ranitidine from National List of Essential Medicines 2022
"People keep on taking these drugs for long duration that can give...
Germany unleashes biggest post-war aid package against virus
Some 550 billion euros (USD 614 billion) in government-backed loans that was announced is just “for starters”, said Economy Minister Peter Altmaier at the same press conference.
S. Korea temporarily bans stock short selling for 6 months
The move follows similar steps taken earlier in other major markets hit by the spread of COVID-19, including Italy and Spain.
India declares coronavirus outbreak as a notified disaster
The move would enable the states to spend a larger chunk of funds from the State Disaster Response Fund (SDRF) to fight the pandemic.
Coronavirus tally may be the tip of the iceberg as sick go untested
“Diagnostic testing algorithms that only test a small proportion of people who are likely to be Covid-19 is not the way forward in this epidemic,” said Michael Ryan, head of the WHO’s emergencies program.
President Trump declares a national emergency to check coronavirus
U.S. President Donald Trump on Friday declared a national emergency over the fast-spreading coronavirus, opening the door to providing what he said was about $50 billion in federal aid to fight the disease.
US regulators approve Roche’s new and faster COVID-19 test
The US Food and Drug Administration (FDA) has given the green light to commercialise the SARS-CoV-2 Test to detect the virus that has sparked the global COVID-19 pandemic, Roche said in a statement.
Govt, RBI closely monitoring markets: FM
“Global markets have undergone severe volatility, and we are monitoring the situation. It is no consolation to say that stock markets in India and elsewhere have suffered. Globally there are serious repercussions being felt. We are conscious of the developments. Together with the RBI, we are monitoring and making sure where necessary, we take steps,” Sitharaman said at a post-Cabinet press conference.
China non-life insurers see big drop in car accident claims in Coronavirus silver lining
Motor insurance accounts for about three quarters of Chinese non-life insurers’ business while health insurance – where virus-related claims would fall under – accounts for less than 5%, according to Swiss Re.
In contrast, for the non-life insurance sector globally, motor and health insurance each account for about a third of premiums.
Wall Street jumps after worst day since 1987 over hopes of fiscal easing
What we’re headed for is a market that should begin to settle down (with) investors now expecting the government to get the economic plan in place and get it into law,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.
Coronavirus hits politicians, sports and showbiz stars as it spreads across globe
Just five new cases were reported on Friday in the provincial capital of Wuhan, where the virus was first detected in December, and no locally transmitted infections were reported in the rest of China.