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Scientists quell concerns on new COVID-19 variant, say staying cautious sufficient
The European Centre for Disease Prevention and Control (ECDC) has said preliminary modelling results communicated by the UK on December 19 suggest the variant is 70 per cent more transmissible than previously circulating variants. However, it also said there is no indication of increased infection severity observed related to the variant with multiple mutations in the spike protein.
According to the Health Ministry, the SARS-CoV-2”s UK variant genome was detected in three samples in the National Institute of Mental Health and Neuro Sciences Hospital (NIMHANS), Bengaluru, two in the Centre for Cellular and Molecular Biology (CCMB), Hyderabad, and one in the National Institute of Virology (NIV), Pune.
No evidence that vaccines will not work against new Covid variant: Govt
Giving a break-up on the basis of the gender and age of those infected with the novel coronavirus, Union Health Secretary Rajesh Bhushan said 63 per cent of total cases in the country have been reported in males and 37 per cent cases in females.
“Eight per cent cases have been reported below the age of 17 years, 13 per cent in the 18-25 years age group, 39 per cent in 26-44 years group, 26 per cent in 45-60 years group and 14 per cent above 60 years,” he said.
Bhushan said 70 per cent of COVID deaths have been reported in men and 45 per cent fatalities due to this disease have been reported in those below 60 years of age.
India finds six cases of virus variant, to extend UK flight ban till Jan 7
Health authorities expect to start a vaccination drive for some 300 million people early next month, with the Serum Institute of India, which is making the Oxford/AstraZeneca coronavirus shot, expecting its emergency approval within days.
India’s financial sector faces challenging times ahead – RBI
The overall outlook for the Indian economy in 2021 continues to remain uncertain, the report said.“
Given the uncertainty induced by COVID-19 and its real economic impact, the asset quality of the banking system may deteriorate sharply going forward,” the RBI said.
The report also said Indian banks had written-off loans worth 2.38 trillion rupees ($32.46 billion) in the financial year 2020 that ended on March 31.
Retail auto sales weak in December due to lower discounts, farmers protest: Report
In the commercial vehicles space, it said the light commercial and intermediate commercial vehicle (LCV/ICV) segment is gaining momentum driven by demand for last-mile connectivity and rural demand.
It said that retail sales are expected to continue under pressure in the near-term owing to increase in vehicle prices and exhaustion in pent up demand.
Tesla to start operations in India next year
The first model to be launched will be Model 3, the cheapest among Tesla vehicles, with prices starting at over $74,739 (5.5 million Indian rupees),
Chief Executive Officer Elon Musk on Sunday confirmed India foray in 2021 in a reply on, but said it would not happen in January.
India reports six cases of new UK variant of coronavirus
All six patients have been kept in isolation, India’s health ministry said in a statement. “Their close contacts have also been put under quarantine,” the statement said.
Sensex, Nifty hit record high as lenders jump
The NSE Nifty 50 index was up 0.57% at 13,953.10 by 0354 GMT, while the S&P BSE Sensex was 0.6% higher at 47,644.29. Both indexes hit record highs.
COVID-19: Over 20,000 new infections reported in single-day
The number of people who have recuperated from the disease surged to 97,82,669, pushing the national recovery rate to?95.83 per cent, while the COVID-19?case?fatality rate stands at 1.45 per cent
There are 2,77,301 active coronavirus infections in the country, which comprise 2.72 per cent of the total caseload, the data stated
IRDA asks general & health insurers to launch “standard travel product’’ from April 1, 2021
This standard travel product can be launched without prior approval of the IRDAI and will have common benefits and policy wordings across the industry.