“So far this year, we have already administered 1.33 billion doses....
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Korea to test AI-powered facial recognition to track COVID-19 cases
Rules say patients must give their consent for the facial...
ADB trims developing Asia’s growth forecasts over Omicron risks
China's economy, which staged an impressive rebound from last...
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.
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
Throat spray, oral drug for malaria-arthritis effective in reducing spread of Covid-19: Study
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.
Italy imposes travel ban from India over COVID variant
Many countries including Hong Kong, US, UK, Kuwait, France, New Zealand and Canada , have banned flights from India, citing COVID-19 cases and the “double mutant” virus being found in the country.
Iran, Kuwait, Indonesia and UAE are the latest additions to this list of countries that have banned India from their citizens’ travel lists.
India’s urban affluent hit by new virus wave after dodging first
With the so-called consuming class ravaged by the new wave, India’s growth is at risk because private consumption accounts for about 60% of India’s economy. The central bank’s consumer confidence survey is showing increasing pessimism on jobs and policy makers have said they stand ready to support growth in what is now the world’s epicenter of the pandemic.
Covid-19 challenge bigger than last year, stop it from hitting villages: PM
“I have this confidence that if someone is going to emerge victorious first in this fight against the coronavirus, then it is going to be India’s villages, the leadership of these villages… The people of the villages will show the way to the country and the world,” the prime minister said.
Delhi HC calls second wave as tsunami, asks Centre about preparedness to deal with peak
“We are calling it a wave, it is actually a tsunami, the court said, and asked the Centre about the preparedness in terms of infrastructure, hospitals, medical staff, medicines, vaccines and oxygen as on date for the peak,” said the court.
Solicitor General Tushar Mehta, representing the Centre, said there might be a rapid rise in the number of cases in May and June and the country needs to be ready for the worst.