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Pandemic

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India reports 259,551 new coronavirus infections,deaths rise by 4,209

Health Ministry Joint Secretary Lav Agarwal on Thursday, said a continuous decline in the Covid-19 active cases has been noted in the last 15 days.

“From being 17.13 per cent reported on May 3, the active cases now comprise 12.1 per cent of the country’s total infections. A positive trend in recovery has also been noted. The recovery rate which was 81.7 per cent on May 3 has increased to 86.7 now,” said Health Ministry Joint Secretary Lav Agarwal..

Agarwa

Chip crisis in ‘Danger Zone’ as wait times reach new record

Chip shortages are rippling through industry after industry, preventing companies from shipping products from cars to game consoles and refrigerators. Automakers are now expected to lose out on $110 billion in sales this year, as Ford Motor Co., General Motors Co. and others have to idle factories for lack of essential components. That’s undercutting economic growth and employment, as well as raising fears of panic ordering that may lead to distortions in the future.

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