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Japan auto safety scandal widens, Toyota halts some shipments
The ministry ordered Toyota, Mazda and Yamaha to suspend shipments...
IRDAI mandates Cross Boarder Reinsurers(CBRs) to furnish collaterals for accessing Indian business from Fy 25-26
IRDAI has clarified that premium retroceded by the branches of...
Europe embraces digital health pass,to face security, fraud, political challenges
The EU Commission plans to award a contract this month for a central system for verifying the digital passes, which will use QR codes that can be scanned into a smartphone app. It will also provide a template to help member countries develop their own apps – though some have already readied their own versions.
There is still no consensus on whether antibody tests provide sufficient proof that a person who has recovered from COVID-19 is immune, sources involved in the efforts say.
Member states also worry about the security of personal information, though the Commission has promised the online certificates will contain minimal data: name, date of birth, the specific health information, its date of issue and a unique identifier code.
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.
Covid vaccine shortage holds emerging markets back from global rally
“Not only do we have a much slower vaccination program across emerging markets, but worries over debt loads, external vulnerabilities, fiscal prudence, inflation and currency stability will hamper a much stronger recovery post-pandemic,” said Mohammed Elmi, a portfolio manager at Federated Hermes in London. He recommends rotating into countries and assets that benefit from U.S. growth via trade links or exports, such as Mexico.
Covid-19: Of 15,000 virus sequences, 11% comprise of UK, SA and Brazil variants; UK strain dominant in India
“Variant viruses have contributed to this surge. These variants are more infectious and sometimes lead to partial evasion of immune responses, leading to re-infection or breakthrough infections.” leading Virologist Dr. Shahid Jameel
World’s fastest recovery outlook at risk as coronavirus sweeps India
That uncertainty doesn’t look to be going away in a hurry, with India adding more than 300,000 cases daily for at least three consecutive days last week, pushing the total infections to more than 16.5 million. While the outbreak has overwhelmed the nation’s hospitals and crematoriums, it’s also hit consumer confidence in an economy that was only beginning to recover from an unprecedented recession last year.
Govt bars use of liquid oxygen for non-medical purposes amid acute shortage
He said it was considered necessary to restrict industrial usage of oxygen for ensuring availability of adequate and uninterrupted supply of medical oxygen across the country for management of COVID-19 patients and necessary order in this regard was issued on April 22 to restrict the use of industrial oxygen.
Covid surge likely due to lack of antibodies in seropositive people: CSIR
According to the paper, the aggregate sero-positivity of 10.14 per cent in its multi-centre study suggests India had a large pool of recovered immune subjects by September 2020, especially amongst its high contact workers and people using public transport, leading to a decline in new infections.
“However, the duration of such immunity may not be sufficient to prevent future outbreaks, even in highly affected regions, the paper said.
Union Health Secretary writes to states for systematic implementation of vaccination Phase III
The document also mentions that it is necessary for all CVCs to declare vaccine type, stock and prices for vaccination services being offered from May 1 onwards.In order for the public to make informed choices, vaccine types and prices will be displayed in the ‘appointments’ section.
India records over 3.52 lakh new COVID-19 cases, 2812 deaths
The total count of positive cases now stands at 1,73,13,163, including 1,95,123 deaths and 1,43,04,382 recoveries. As many as 27,93,21,177 samples have been tested for COVID-19 up to April 25, the Indian Council of Medical Research (ICMR) informed. Of these 14,02,367 samples were tested on Sunday.
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.