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FPIs pull out Rs 7,622 from Indian markets so far in April

FPIs have been “net sellers in the equity markets for five weeks in a row now”, noted Himanshu Srivastava, associate director – manager research, Morningstar India.

Srivastava said the recent spate of net outflows could be largely attributed to the enormous surge in the COVID-19 pandemic in India, which has led several states to impose restrictions to bring the situation under control.

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PMO says 551 oxygen generation plants to be set up through PM Cares Fund

These dedicated plants will be established in identified government hospitals in district headquarters in various states and union territories, and their procurement will be done through the Health and Family Welfare ministry.

The PM Cares Fund had earlier this year allocated Rs 201.58 crores for installation of additional 162 dedicated PSA medical oxygen generation plants inside public health facilities in the country, the PMO noted.

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India’s urban affluent hit by new virus wave after dodging first

With the so-called consuming class ravaged by the new wave, India’s growth is at risk because private consumption accounts for about 60% of India’s economy. The central bank’s consumer confidence survey is showing increasing pessimism on jobs and policy makers have said they stand ready to support growth in what is now the world’s epicenter of the pandemic.

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Uttarakhand glacier burst: 8 killed, 384 rescued

The Indian Army informed, “A BRO (Border Roads Organisation) Camp came under an avalanche in the afternoon of 23 Apr during heavy snowfall in Sumna area of Joshimath Sector in Chamoli district of Uttarakhand. While 55 BRO persons could be mustered at first count, blizzard conditions kept rescue operations at bay till late evening.”

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Only online registration for 18-45 age group to get Covid jab, says Centre

Sharma noted that the COWIN platform has now stabilized and is working at scale flawlessly. It is equipped to handle the complexities of the new phase of vaccination starting from 1st May.
With regards to the Phase-3 vaccination strategy from May 1, the states were advised to register additional private COVID-19 Vaccination Centres (CVCs) on mission mode by engaging with private hospitals, hospitals of industrial establishments, industry associations, etc., the health ministry said in a statement.

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Delhi HC calls second wave as tsunami, asks Centre about preparedness to deal with peak

“We are calling it a wave, it is actually a tsunami, the court said, and asked the Centre about the preparedness in terms of infrastructure, hospitals, medical staff, medicines, vaccines and oxygen as on date for the peak,” said the court.

Solicitor General Tushar Mehta, representing the Centre, said there might be a rapid rise in the number of cases in May and June and the country needs to be ready for the worst.

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