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India’s COVID-19 infection tally crosses 74 lakh with 62,212 new cases

There are 7,95,087 active cases of coronavirus infection in the country which comprises 10.70 per cent of the total caseload, while the recoveries have surged to 65,24,595, according to the data.

The COVID-19 case fatality rate due COVID-19 was recorded at 1.52 per cent.
According to the Indian Council of Medical Research (ICMR), a cumulative total of 9,32,54,017 samples have been tested up to October 16 with 9,99,090 samples being tested on Friday

India took host of measures to combat COVID-19 impact: Nirmala Sitharaman to World Bank

“Measures have been announced to provide relief to the business, bring about major reforms in the labour sector by simplifying, amalgamating and rationalising 44 central labour laws, provide effective social protection to the migrant workers through National Portability of ration cards,” she said, as per a statement issued by the finance ministry.

8 million have slipped into Poverty in US since May as govt aid has dried up

The number of poor people has grown by eight million since May, according to researchers at Columbia University, after falling by four million at the pandemic’s start as a result of a $2 trillion emergency package known as the Cares Act.

Using a different definition of poverty, researchers from the University of Chicago and Notre Dame found that poverty has grown by six million people in the past three months, with circumstances worsening most for Black people and children.

Hurricane Delta to cost insurers between $2bn – $3.5bn:RMS 

“The overlapping nature of Delta and Laura will create a complicated claims management and loss attribution process for the industry. Using an innovative combination of high-resolution aerial imagery and machine-learning techniques, the modeling teams at RMS assessed the competing impacts of Hurricane Laura on Hurricane Delta losses. We determined that more than half of the impacted postal codes were also impacted by Laura, representing more than 90% of loss in this event. While Delta caused higher than expected damage to many structures due to pre-existing damage from Laura, reduced overall exposure-at-risk in the overlapping region after Laura means losses attributed to Delta will end up being lower than if Laura had never happened,” said Jeff Waters, senior product manager, RMS North Atlantic Hurricane Models. 

Driverless race steps up with Cruise allowed to drive empty in San Francisco

Cruise is the fifth company to receive the driverless permit in California. Alphabet’s Waymo was the first in late 2018 to receive it for about three dozen test vehicles with speeds of up to 65 miles per hour. This year SoftBank-backed Nuro, whose vehicle has no steering wheel or pedals, was also approved and has delivered medical supplies for temporary COVID-19 hospitals.

Chinese startup AutoX and Amazon.com Inc’s AMZN.O Zoox also got their permits in recent months. The four previous permits are for cities in Silicon Valley that are easier to navigate.Under its permit, Cruise cars can go anywhere on San Francisco streets at a maximum speed of 30 miles per hour, and can drive both day and night.

Dr Reddy’s gets DCGI nod to conduct Covid-19 vaccine phase 2/3 human trails

Kirill Dmitriev, CEO of the Russian Direct Investment Fund, said, “We are pleased to collaborate with the Indian regulators and in addition to Indian clinical trial data, we will provide safety and immunogenicity study from the Russian phase 3 clinical trial.This data will further strengthen the clinical development of Sputnik V vaccine in India.”

Divided world is failing COVID-19 test, says frustrated U.N. chief

He said that if coordinated measures were not taken, “a microscopic virus could push millions of people into poverty and hunger, with devastating economic effects in the years to come”.
More than 39 million people have been infected by COVID-19, according to a Reuters tally based on official disclosures.

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

India ranks 94 in Hunger Index; experts blame poor implementation, siloed approach

Neighbouring Bangladesh, Myanmar and Pakistan too were in the ”serious” category but ranked higher than India in this year”s hunger index. While Bangladesh ranked 75, Myanmar and Pakistan were in the 78th and 88th position respectively.

Nepal in 73rd and Sri Lanka in 64th position were in ”moderate” hunger category, the report showed.

PM cautions against complacency in COVID-19 fight; directs full preparedness for vaccine distribution

Modi further directed that keeping in view the geographical span and diversity of the country, the access to the vaccine should be ensured speedily.
National Expert Group on Vaccine Administration for COVID-19 (NEGVAC) in consultation with state governments and all relevant stakeholders have prepared and presented a detailed blueprint of vaccine storage, distribution, and administration.

TCS launches 10 cyber threat management centres globally

These are located in Bloomington, US, Manchester, UK, Madrid, Spain, as well as at major Indian cities in the last four months, the statement said, adding that TCS plans to open more such centres in other regions.

These centres will focus on providing cyber security solutions and services, including managed detection and response services, incident management and breach support, on-demand cyber vigilance services, digital forensics and regulatory compliance.

COVID-19 caseload in India rises to 73,70,468

The COVID-19 case fatality rate due COVID-19 was recorded at 1.52 per cent.

“India continues to have one of the lowest COVID-19 deaths per million population globally, currently pegged at 80,” the ministry said.According to the ICMR, a cumulative total of 9,22,54,927 samples have been tested up to October 15, with 10,28,622 samples being tested on Thursday.

G7 officials vow to fight ransomware attacks; say stablecoin needs regulation

“The G7 continues to maintain that no global stablecoin project should begin operation until it adequately addresses relevant legal, regulatory, and oversight requirements through appropriate design and by adhering to applicable standards,” the statement said.

Stablecoins are tied to a traditional currency or basket of assets, and used for payments or for storing value.