About 59 percent of the respondents said they were actively searching for a job.
More than one in three (35 percent) respondents said they saw their pay cut as a result of COVID-19, while 68 percent said they are looking to switch industries as a result of COVID-19.
One in three (33 percent) respondents said they are looking for a new job right now where ”they can do more meaningful work”.
”All our prayers are not for a third wave (of the Covid-19 virus). Suppose, if it occurs, then one has to think about the availability of hospitals, even if there is a hospital, does it have an ICU, and even if there is an ICU, does it have oxygen support? For all these questions, the Ministry announced a scheme allowing hospitals to ramp up the expansion when there was a huge impact in the country caused by the second wave (of Covid-19),” she said.
Social care refers to long-term health care outside hospitals.Sunak has asked officials to work with insurers to consider “new products” that can help with social care costs, the treasury source said.
“We’re hopeful that in time the cap on costs will provide the clarity insurers need to create new products,” the source said.
Now, as investors face lower-for-longer rates even as growth picks up, doubts are emerging whether developed-market government bonds can continue to provide both protection and diversification as well as satiate investors seeking income gains. There’s also a debate over the traditional investing policy of putting 60% of funds in stocks and 40% in bonds, even though the strategy proved to be resilient during the year.Innovative stocks now are being valued on intangible factors such as goodwill and intellectual property rather than traditional methods like price-to-earnings ratios, Alan Wang, portfolio manager at Principal Global Investors in Hong Kong said, adding that investors should adopt such valuation strategies.
The COVID-19 case fatality rate was registered at 1.44 per cent
There are 2,78,690 active cases of coronavirus infection in the country which comprises 2.73 per cent of the total caseload, the data stated
The 279 new fatalities include 60 from Maharashtra, 23 from Delhi, 33 from West Bengal, 21 from Kerala, 14 from Uttar Pradesh, 13 from Uttarakhand and 12 each from Punjab and Chattisgarh
The rollout marks a moment of hope for a region that includes some of the world’s earliest and worst-hit virus hot spots Italy and Spain and others like the Czech Republic, which were spared earlier in the year only to see their health care systems near collapse in the fall.
It also should ease frustrations that were building up, especially in Germany, as Britain, Canada and the United States kicked off their inoculation programs with the same vaccine weeks earlier
”We want the vaccine to be affordable and accessible to all. The Government of India will receive it at a far more affordable price of USD 3-4, since they will be buying in a larger volume. The priority is going to be India and the GAVI countries, after which only, the private market will open up where the pricing would be USD 6-8 per dose” said Serum Institute of India (SII) CEO Adar Poonawalla
The vaccine development process by Bharat Biotech, Biological E Ltd and Aurobindo Pharma are currently in various stages, while Dr Reddy”s and Hetero have tie ups for manufacturing the vaccine.
Some of these companies have also drawn up plans to scale up their vaccine manufacturing capacities. Besides vaccine makers, the International Airport here has also stepped up the cold-chain infrastructure for vaccine transportation.
To survive the pandemic-induced crisis, all airlines took cost cutting measures like firings or pay cuts in 2020
“Going by this, Oxford vaccine ‘Covishield’ is likely to be the first to be rolled out in India,” a source said.
The process of granting emergency use approval for Bharat Biotech’s COVID-19 vaccine ‘Covaxin’ may take time as its phase 3 trials are still underway, while Pfizer is yet to make a presentation.
Japan on Friday reported its first cases of a fast-spreading variant in passengers arriving from Britain. The new variant has also been detected in a man who visited that country and a family member – the first cases of infected people found outside airport checks – Nippon TV reported on Saturday.
“India has been knocked off course somewhat through the impact of the pandemic. As a result, after overtaking the UK in 2019, the UK overtakes India again in this year’s forecasts and stays ahead till 2024 before India takes over again,” the Centre for Economics and Business Research (CEBR) said in an annual report published on Saturday.
The UK appears to have overtaken India again during 2020 as a result of the weakness of the rupee, it said.
“We need a new definition of normal. The virus will stay with us for the next 10 years,” he told mediapersons.