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COVID-19 active caseload below 9 lakh for fourth consecutive day
“India continues to report a trend of steadily decreasing active cases.for the fourth day after the active cases dropped below the 9 lakh mark after a month, the decline continues,” the ministry said.
There are 8,61,853 active cases of coronavirus infection in the country, according to the data updated at 8 am.
The national recovery rate has progressed to 86.36 per cent, the ministry said.
The ministry said that 77 per cent of the new recovered cases are observed to be concentrated in 10 states and UTs
Maha CM orders probe into power outage in Mumbai
Thackeray instructed Brihanmumbai Municipal Corporation (BMC) Commissioner Iqbal Singh Chahal to make alternate arrangements so that power supply to hospitals is intact, the statement said.
He also directed the state chief secretary to ensure that the control rooms and fire brigade are on alert to see there are no other mishaps due to power outage, it said
COVID-19 school closure may cost over USD 400 billion to India, cause learning losses: World Bank
“Temporary school closures in all South Asian countries have had major implications for students. They have kept 391 million students out of school in primary and secondary education, further complicating efforts to resolve the learning crisis,” said the report.
Freeport does a balancing act as world’s biggest gold mine grapples with COVID-19
“We’ve put the priority and the health of our workers and community at the top of our list,” Freeport McMoRan Chief Executive Richard Adkerson told Reuters. “From the outset, we recognized that (Grasberg) was a particularly vulnerable place due to the size of the workforce” of nearly 30,000 people.
Major ports’ cargo traffic falls for 6th straight month; logs 14% drop
India has 12 major ports under the control of the central government — Deendayal (erstwhile Kandla), Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia).
Worst is over, economic recovery faster than expected: HDFC CEO Keki Mistry
The veteran financial sector player also said that most of the job losses during COVID-19 were confined to low-income workers and the job losses for the kind of people who borrow money were not alarming.
The non-performing individual loans could be in the range of 2.5-4 per cent, which is also the extent of loans that the RBI has allowed to restructure, Mistry added.
COVID-19 cases in India cross 70-lakh mark,fatality rate at 1.54 per cent
The health ministry stressed that more than 70 per cent of the deaths occurred due to comorbidities.
The national recovery rate stands at 86.17 per cent.
The COVID-19 caseload mounted to 70,53,806 with 74,383 infections being reported in a day, while the death toll climbed to 1,08,334 with 918 people succumbing to the disease in a span of 24 hours, the data updated at 8 am showed.
According to the ICMR, a cumulative total of 8,68,77,242 samples have been tested up to October 10 with 10,78,544 samples being tested on Saturday.
Digital healthcare to witness exponential growth in next 5 years: Practo CEO
The healthcare as an overall sector in India is close to USD 200 billion in size and just a single digit of it is online today, Practo co-founder and CEO Shashank ND
Digital adoption in healthcare is still very small and 90 per cent of healthcare is still offline today. So for the companies like Practo, there is a long way to go, he added.
“I expect that this single digit will grow into 20-30 per cent in the next 5-10 years and that is going to be a real big jump for the sector,” Shashank told PTI.
Delhi govt exempts road tax on battery-operated vehicles under its EV policy
Delhi government will provide financial assistance to those buying electric vehicles under Electric Vehicle Policy. Financial assistance of ₹30,000 will be given on the purchase of 2-wheelers, ₹1.5 lakh on cars and ₹30,000 on auto-rickshaws and e-rickshaws.
In August, Kejriwal announced that the Delhi government has notified the electric vehicle policy.
Emergency use authorization for COVID-19 vaccine to depend on clinical trial data
Categorically rejecting speculation that the government is prioritizing young and working-class for the COVID-19 vaccine for economic reasons, Union Health Minister Harsh Vardhan said, the prioritisation of groups for COVID-19 vaccine shall be based on two key considerations — occupational hazard and risk of exposure to infection, and the risk of developing severe disease and increased mortality