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Escalating conflict hurts India’s trade with West Asian countries
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India to Indonesia: Asian economies challenged by Delta Covid variant
Supply chains from Vietnam to Thailand, where outbreaks are surging, have also been interrupted, with factories that make goods for Nike Inc. and Adidas AG shutting down over virus restrictions, potentially missing out on the crucial holiday shopping season. That raises the prospect of Asia’s delta hit reverberating worldwide, if exports are delayed longer term.
“The current delta wave in Asia may snarl production networks further,” said Frederic Neumann, co-head of Asian economic research at HSBC Holdings Plc in Hong Kong. “The risk is that growth scars linger for longer.”
UK eases travel restrictions for Indians, compulsory institutional quarantine rule removed
According to the Department of Health and Social Care (DHSC) all arrivals from India who have been vaccinated with both the doses can choose to isolate at home. The individuals no longer need to shell out 1, 750 pounds per head for 10 day quarantine at a government-approved facility. Moreover, people vaccinated in UK or Europe are exempted from home quarantine requirements as well. Moreover, work is ongoing to determine which non-UK vaccines and certification solutions will be recognised. This comes as the UK reviews its three-tier international travel restrictions with a color-coded list of countries (red, amber & green).
HC seeks Delhi govt, IRDA stand on plea against insurance co not paying full claim on Covid death
The plea further sought to direct the IRDA to take strict action against the insurance firm for violating its guidelines, framed for insurers to include the expense incurred on hospitalization and treatment of COVID-19 patients, and to ensure its compliance so that no insurer may escape from their liability of making payment.
India gave priority to poor in its strategy to combat COVID-19 crisis: PM Modi
He noted that over 80 crore citizens have been provided free ration after the COVID-19 started in the country.
“Not just wheat, rice or pulses but over 8 crore poor families were even provided free gas cylinders during the lockdown. Over 20 crore women received around Rs 30,000 crores directly in their Jan Dhan bank accounts,” the Prime Minister stated.
8,832 rescued, 29,280 shifted from flood-hit areas in MP: Chouhan
State officials have earlier said that Gwalior and Chambal divisions in north Madhya Pradesh have been hit hard by rains over the last few days and at least 12 persons have died so far.
Johnson & Johnson’s single-dose COVID-19 vaccine gets Emergency Use approval in India
The five vaccines granted Emergency Use Authorisation in India are Serum Institute’s Covishield, Bharat Biotech’s Covaxin, Russia’s Sputnik V, Moderna, and now Johnson & Johnson (J&J).
AIG is reducing cyber insurance limits as cost of coverage soars
“We continue to carefully reduce cyber limits and are obtaining tighter terms and conditions to address increasing cyber loss trends, the rising threat associated with ransomware and the systemic nature of cyber risk generally,” CEO Peter Zaffino said on a conference call with analysts, according to a transcript produced by Refinitiv.
India sees single-day rise of 38,628 New Coronavirus cases, 617 fresh deaths
Cumulative vaccine doses administered so far has reached 50.10 crore under the nationwide vaccination drive
United States now averaging 100,000 new Covid-19 infections a day
The virus is spreading quickly through unvaccinated populations, especially in the Deep South. Florida, Louisiana and Mississippi have had hospitals overrun with patients.
The US first crossed the 100,000 average number in November and peaked at about 250,000 in early January before bottoming out in late June.
Heart, stroke risks climb after COVID-19; flu shots may be protective
In the week following a COVID-19 diagnosis, the risk of a first heart attack went up three- to eight-fold, and the risk of a first stroke due to a blood-vessel blockage rose three- to six-fold, the researchers found.