Category:

Pandemic

India’s fiscal response to COVID conservative, need large stimulus: Report

Azim Premji University’s .report, ‘State of Working India 2021: One Year of Covid-19,’ said the impacts of the second wave are still unfolding and may be as large, or larger than the first one.

Further, coming as it does on the back of depleted savings, debt, and reduced fallback options, the second wave can lead to potentially larger impacts on work, incomes, food security, health and education, the report said.

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COVID-19 resurgence bringing renewed challenges for India; GDP growth seen at 9.5 pc: Fitch

With 8.5 hospital beds per 10,000 population and eight physicians per 10,000, the country’s healthcare sector is not equipped for such a crisis. Hospitals across the country have filled to capacity and in addition to oxygen running out, intensive care units are operating at full capacity and nearly all in the country ventilators are in use.

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Covid, Cyber, Compliance and ESG top risk concerns for financial services sector: Allianz

“The financial services sector faces a period of heightened risks. Covid-19 has caused one of the largest ever shocks to the global economy, triggering unprecedented economic and fiscal stimulus and record levels of government debt,” says Paul Schiavone, Global Industry Solutions Director Financial Services at AGCS. “Despite an improved economic outlook, considerable uncertainty remains. The threat of economic and market volatility still lies ahead while the sector is also increasingly needing to focus on so-called ‘non-financial’ risks such as cyber resilience, management of third parties and supply chains, as well as the impact of climate change and other Environmental Social and Governance (ESG) trends.”

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Be prepared for third Covid wave, have buffer stock of oxygen: SC to Centre

A bench of Justices D Y Chandrachud and M R Shah said: We need to prepare for the third surge of COVID-19 which may have altogether different parameters. We have to be ready for that. We have been reading that some experts have said that the third surge will be more harmful especially to children.

“We understand children are more resilient as compared to elders but we have to also consider that they themselves will not go to hospitals and their parents will have to take them making them vulnerable.

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73-yr-old Australian stuck in Bengaluru sues Morrison govt for ban on flights from India

The lawyers of Gary Newman, who is stranded in Bengaluru since March last year, have argued in the federal court in Sydney that the ban was “unconstitutional”.
The application firstly said that the Commonwealth was acting outside its powers and secondly, Health Minister Greg Hunt’s declaration was in breach of an implied freedom to return home,

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Death of Covid patients due to oxygen crisis ‘not less than genocide’: HC

“We are at pain in observing that death of Covid patients just for non supplying of oxygen to the hospitals is a criminal act and not less than a genocide by those who have been entrusted the task to ensure continuous procurement and supply chain of the liquid medical oxygen,” read the order by a bench of Justice Ajit Kumar and Justice Siddhartha Varma.

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As COVID-19 sweeps rural India, sick struggle to access healthcare

India’s COVID-19 crisis has been most acute in the capital, New Delhi, among other cities, but in rural areas – home to nearly 70% of India’s 1.3 billion people – limited public healthcare is posing particular challenges. Ill-equipped hospitals, staff shortages and long journeys to dedicated COVID-19 wards are making it harder for village patients to access treatment as a second wave pushed India’s total coronavirus cases to more than 20 million this week.

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Scientists find dangerous chemical pollutants in disposable face masks

Aa full investigation is necessary to determine the quantities and potential impacts of these particles leaching into the environment, and the levels being inhaled by users during normal breathing. This is a significant concern, especially for health care professionals, key workers, and children who are required to wear masks for large proportions of the working or school day.” 

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WTO mulling intellectual property waivers for vaccines

The argument, part of a long-running debate about intellectual property protections, centers on lifting patents, copyrights, and protections for industrial design and confidential information to help expand the production and deployment of vaccines during supply shortages. The aim is to suspend the rules for several years, just long enough to beat down the pandemic.
The issue has become more pressing with a surge in cases in India, the world’s second-most populous country and a key producer of vaccines, including one for Covid-19 that relies on technology from Oxford University and British-Swedish pharmaceutical maker AstraZeneca.

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