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Pandemic

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Covid destroyed lives, heart-wrenching to see survival of kids at stake: SC

“We are glad that the UoI (Union of India) and the state governments/Union Territories have announced schemes to provide succour to the children in need. We have no doubt that the authorities concerned would leave no stone unturned to attend to the immediate basic needs of the crestfallen children, said a bench of justices L Nageswara Rao and Aniruddha Bose.

The top court, which was hearing a suo motu matter on ‘Contagion of COVID-19 on children protection homes’, noted in its order that over one lakh children have lost either or both parents during the pandemic.

Covid-19 3rd wave could peak between Oct-Nov; intensity expected to be 1/4 of second wave

Manindra Agrawal, an IIT-Kanpur scientist who is part of the three-member team of experts that have been tasked with predicting any surge in infections, said if no new virulent emerges, then the situation is unlikely to change.

If the third wave peaks, the country may see only 1 lakh daily cases as against more than 4 lakh when the deadly second wave was at its peak in May. The second wave killed thousands and infected several lakh.

Munich Re to no longer cover events cancelled for pandemics

The world’s largest resinsurer is making the change after it faced large losses this year in the wake of the coronavirus crisis.

Torsten Jeworrek, who oversees the reinsurance segment, said that Munich Re would remain in the business but that the tweak in its strategy was a result of the pandemic. The resinsurer will also adjust prices for event cancellation coverage, he said.

The cancellation and postponement of sports events like the Olympics in Tokyo as well as concerts have been a major burden for Munich Re, which expects a total of 4 billion euros ($4.85 billion) in COVID-related losses.

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Officer unions demand to include bankers as frontline Covid warriors for vaccination

In a letter written to Finance Minister Nirmala Sitharaman, unions said the government is expecting at least two vaccines against Covid-19, Bharat Biotech’s Covaxin and Oxford’s Covishield, to be available possibly in January 2021; and there is a plan to inoculate the frontline Covid warriors including those working in healthcare, police, sanitary workers, etc.
Bankers have been providing yeoman service ever since the announcement of lockdown and have continued to provide required banking services, it said, adding bankers have been instrumental in keeping the wheels of the economy moving despite hazards and constraints.

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Travel restrictions effective in countries with low number of Covid-19 cases: Lancet study

“We recognise that these measures carry a high economic and social cost, so it is important that governments use travel restrictions in a targeted way,” said Professor Mark Jit from the London School of Hygiene and Tropical Medicine, who led the study.

“Before introducing restrictions, they should take into account local infection figures, epidemic growth rates, and the volume of travellers arriving from countries heavily-affected by the virus,” Jit explained.

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Large US study confirms Covid-19 complications: lung, kidney and cardiovascular issues

The most common complications associated with Covid-19 were pneumonia, respiratory failure, kidney failure, and sepsis or systemic inflammation, consistent with other studies.The researchers also found associations with a range of other lung and cardiovascular conditions, such as collapsed lung, blood clotting disorders and heart inflammation, although the risk of these was relatively low

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Covid-19 antibodies may fade very quickly: Study

The authors said their findings may raise important questions about the reliability of seroprevalence studies, since the rapid waning of antibody titters may lead to an underestimation of how many people may have been previously infected in a given population.

“The decrease in antibodies after infection also raises the question of how long antibodies elicited by vaccination will last, and whether frequent boosting will be needed to maintain protection,” the authors noted.

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India’s Covid-19 tally hits 9.7-million mark as it reports 26,567 new cases

Till now 91,78,946 have recovered, while there are 3,83,866 active cases.

The recovery rate stands at 94.59 per cent, and the fatality rate is 1.45 as per cent.

Maharashtra continues to be the worst-hit state with 18,55,341 cases till date. Over 70 per cent of the daily new cases were reported by 10 states and UT — Maharashtra, Delhi, West Bengal, Haryana, Kerala, Uttar Pradesh, Chhattisgarh, Rajasthan, Punjab, Himachal Pradesh.

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Not worried about budget deficit as spending up to support economy: FM

“As regards the coming year, we need to do an assessment,” she said ahead of the next fiscal year’s budget due Feb. 1. “I’m not sure that I can immediately curtail expenditure. It will have to be a careful balance because the momentum that the economy gains should be sustained.”
India last month expanded stimulus measures to 15% of the economy to rescue companies and save jobs in an economy clobbered by a sudden lockdown in March to stem the coronavirus pandemic. That could widen the budget gap to 8% of gross domestic product in the year to March, more the double the budgeted 3.5%.

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How India’s premier cyber agency is fighting evolving threats

According to Dr Sanjay Bahl, Director-General, CERT-In, they have seen different set of attacks during the pandemic and the threat actors primarily employed references related to COVID-19 in phishing attacks to steal sensitive information and drop additional malware.

“The threat actors devised new strategies to target victims with scams or malware campaigns using legitimate corporate branding in the name of COVID-19 and names of trusted organisations in phishing attacks in order to attain credibility and to lure victims,” Bahl told IANS.

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