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India’s second COVID-19 wave may impede economic recovery, says S&P

Apr 28, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

S&P, which has a long-term credit rating of ‘BBB-‘ on India, just one notch above junk, said it may have to revise its base-case assumption of 11% growth over fiscal 2021/2022, especially if wider containment measures are re-imposed.

India’s Covaxin vaccine ‘very important antidote’ against Covid: Dr Fauci

Apr 28, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

“This is something where we’re still gaining data on a daily basis. But the most recent data, was looking at convalescent Sera of COVID-19 cases and people who received the vaccine used in India, the Covaxin. It was found to neutralise the 617 variants,” he said.

UN offered its integrated supply chain to help India fight Covid: Spokesman

Apr 28, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Technology

Farhan Haq, Deputy Spokesman for the UN chief said 11 help desks and on-site counselling activities on COVID-19 prevention and business continuity were set up by the UN Development Programme (UNDP), the UN Industrial Development Organization (UNIDO) and the International Labour Organisation (ILO) and these have benefitted over 140,000 employees.

UNIDO also developed an online platform to help companies bounce back from the crisis, tailored to smaller businesses, while ILO helped over 100,000 self-employed workers to access social security measures and training on safety and health.

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