Facts

COVID-19 pandemic creating 'lockdown generation' as one in six youths stop work:UN

  The novel coronavirus pandemic has led to a surge in unemployment worldwide but it has hit young workers hard, the United Nations said on May 27, noting that more than one in six people aged under 29 were forced to stop working due to the...

Private jet demand rises as wealthy Russians spend lockdown in West

Eco/Invest/Demography, Non-Life, Reinsurance       May 27, 2020

Some private jet companies have seen a rise in demand from wealthy Russians who want to spend time in the West during the coronavirus crisis but who were unable to take commercial flights amid tight restrictions by airlines and governments. Passengers are heading for countries...

Prices of N-95 masks down by up to 47 per cent after NPPA advisory

New Delhi: Leading manufacturers and importers of N-95 masks have reduced prices by up to 47 per cent after regulator NPPA stepped in to ensure the availability of this respiratory protection device at affordable rates in the country, the government said.   N-95 masks were earlier...

Fujifilm COVID-19 drug research spills into June, dashing hopes of quick approval

TOKYO: Fujifilm Holdings Corp will continue research on Avigan into June, Japan’s government said on Tuesday, effectively dashing hopes by Prime Minister Shinzo Abe that the drug would be approved as a COVID-19 treatment this month.Abe had said he hoped the drug would be approved...

WHO pauses trial of hydroxychloroquine in COVID-19 patients due to safety concerns

GENEVA: The World Health Organization has suspended testing the malaria drug hydroxychloroquine in COVID-19 patients due to safety concerns, WHO Director General Tedros Adhanom Ghebreyesus said on Monday.   Hydroxycholoroquine has been touted by Donald Trump and others as a possible treatment for the disease caused...

Oxford University Covid-19 vaccine trial has 50 per cent chance of 'no result'

  New Delhi: Due to a decline in infection rate, the team at Oxford University developing a Covid-19 vaccine believe that the chances of the trial yielding "no result" is now 50 per cent, The Telegraph reported.   The University of Oxford last week announced that the...

People more worried about economic crisis than coronavirus, says study

  Indians are more worried about the economic crisis than health issues emanating from coronavirus pandemic, according to an online study conducted by IIM Lucknow on "Understanding public sentiment during lockdown". The study - conducted by Centre for Marketing in Emerging Economies (CMEE) at IIM Lucknow...

How India, Singapore are contributing to a COVID-19 vaccine race

  SINGAPORE/New Delhi: With the COVID-19 cases zipping past five million people globally last week and rocketing towards six million, the search for a vaccine and a therapy has become more and more urgent.   Some statisticians say the case count could be at least 5 to...

More patients than beds in Mumbai as India faces surge in virus cases

  MUMBAI/NEW DELHI When Manit Parikh’s mother tested positive for the new coronavirus, she was rushed by ambulance to Mumbai’s private Lilavati Hospital, but officials told the family no critical-care beds were available.   Five hours and dozens of phone calls later the family found a bed...

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