Disaster & Management

India says lockdown has spared it from overwhelming number of coronavirus cases

Indian News       Apr 09, 2020

NEW DELHI: The Indian government on Thursday claimed initial success in its fight against the coronavirus epidemic, saying it would have been hit with 820,000 cases by next week had it not imposed a nationwide lockdown.   The number of people infected with the virus stood...

Coronavirus impact on Swiss Re absolutely manageable,says official

International News       Apr 09, 2020

FRANKFURT:  Swiss Re is confident it can weather the storm of the coronavirus outbreak, an executive said.   The reinsurer has a strong balance sheet, prudent asset allocation and hedges on assets, Edi Schmid, Swiss Re’s Group Chief Underwriting Officer, said in comments embargoed for Wednesday.  ...

SC order for free Covid-19 testing may hinder fight,say experts

Indian News       Apr 09, 2020

NEW DELHI: A decision by the Supreme Court of India to make testing for coronavirus free places an unfair financial burden on medical firms and could see a reduction in testing, already among the world’s lowest, said business leaders and health experts.   The concern is...

RBI says coronavirus has 'drastically altered' India's growth outlook

Indian News       Apr 09, 2020

  MUMBAI: The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the central bank said in its Monetary Policy Report, underlining the pandemic’s deepening impact on South Asia’s engine of growth. “Prior to the outbreak of COVID-19, the outlook for growth...

Caronavirus Pandemic:Cases rise to 6,588 , death toll at 199

Indian News       Apr 09, 2020

  New Delhi: With over 500 fresh cases reported in last 24 hours, India's novel coronavirus cases surged to 6,588 , according to the Union Health Ministry data. As many as 199 deaths have been reported in India since the virus outbreak, according to the Union...

After virus fades, service industries may be changed forever

Facts       Apr 09, 2020

  WASHINGTON: For years, personal trainer Amanda Tikalsky didn’t have to worry much about her job. The U.S. economy’s record-breaking 11-year expansion offered security to service workers like her.   Then came the coronavirus, which closed the Milwaukee athletic club where she worked for 15 years. She...

Centre launches "iGOT" training module for frontline COVID-19 warriors

Indian News       Apr 09, 2020

  New Delhi: The Government of India has launched a training module for the management of COVID-19 named "Integrated Government Online training" (iGOT) portal on Ministry of Human Resource Development's (MHRD) DIKSHA platform for the capacity building of frontline workers to handle the COVID-19 pandemic efficiently.  ...

Global economy faces a $5 trillion hit due to Covid-19. That’s more than Japan’s GDP

International News       Apr 09, 2020

  London: The coronavirus pandemic is set to rob the global economy of more than $5 trillion of growth over the next two years, greater than the annual output of Japan.   That’s the warning from Wall Street banks as the world plunges into its deepest peacetime...

WTO says global trade collapse may be worst in a generation

International News       Apr 09, 2020

   Geneva: The coronavirus pandemic could cause a deeper collapse of international trade flows than at any point in the postwar era, the World Trade Organization said.   The Geneva-based trade body presented two possible scenarios for global trade in the years to come in a report...

Van Gogh heist focuses collectors’ attention on security systems

Facts       Apr 09, 2020

  The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil painting. By the time police...

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