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India took all needed steps well in time to combat COVID-19: Harsh Vardhan even as tally tops 1 lakh

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  NEW DELHI: India took all the necessary steps well in time to combat the COVID-19 pandemic, Union Health minister Harsh Vardhan said on Monday, asserting that the country has done well in dealing with the disease and is confident of doing better in the months...

Indian Economy to Contract by 5% in FY21, Reform Measures to Help Medium-term Growth: Goldman Sachs

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

  New Delhi: American brokerage Goldman Sachs expects the Indian economy to contract by 5 per cent in FY21, making it the worst performance by the country ever.   The brokerage said the GDP will contract by a mind-boggling 45 per cent in the June quarter as...

New Zealand to roll out ‘digital diary’ app to help people track movements

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Risk Management, Technology

SYDNEY: New Zealand will launch a contact-tracing app on Wednesday to help people track their movements as the country eases one of the world’s most rigid lockdowns designed to slow the spread of COVID-19. Prime Minister Jacinda Ardern said the app can be best...

Over 2 million UK self-employed claim COVID grants – Sunak

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

LONDON: British finance minister Rishi Sunak said more than 2 million claims for one-off grants, worth 6 billion pounds ($7.3 billion), had been made under a scheme to provide income support for self-employed people during the coronavirus crisis.   “Those...

IMF chief warns full global economic recovery unlikely in 2021

by AIP Online Bureau | May 18, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

    WASHINGTON:  The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head of the International Monetary Fund said, and she stressed the danger of protectionism.  ...
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