Sachin P Mampatta &Amp;Amp; Ruchika Chitravanshi

Stories by Sachin P Mampatta &Amp;Amp; Ruchika Chitravanshi

Number of wilful defaulters was on rise even before lockdown

Number of wilful defaulters was on rise even before lockdown

Rediff.com   15 Jul 2020

Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered for this exercise.

Where's the Covid-19 data, ask scientists

Where's the Covid-19 data, ask scientists

Rediff.com   6 Jul 2020

Epidemiologists worry there's little or no data being shared on mortality by age group and contacts traced, which makes it difficult to understand how the effects of Covid-19 might be different in the Indian population, reports Ruchika Chitravanshi

COVID-19: Govt panel recommends capping private hospitals' rates

COVID-19: Govt panel recommends capping private hospitals' rates

Rediff.com   20 Jun 2020

The committee has recommended Rs 8,000-10,000, Rs 13,000-15,000, and Rs 15,000-18,000 including PPE costs for isolation beds, and ICUs with or without ventilator, respectively, to all hospitals. Currently, hospitals are charging Rs 24,000-25,000, Rs 34,000-43,000 & Rs 44,000-54,000 (excluding PPE cost).

After 1962 China war stock markets fell 16%, gold 30%

After 1962 China war stock markets fell 16%, gold 30%

Rediff.com   18 Jun 2020

The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.

Health expenditure in April trebles to Rs 13,000 crore

Health expenditure in April trebles to Rs 13,000 crore

Rediff.com   17 Jun 2020

Experts say a large part of the expenditure in April was spent on heads such as creating infrastructure for testing capacity and procuring testing kits, among other things.

A glimpse of how economic activity is picking up

A glimpse of how economic activity is picking up

Rediff.com   17 Jun 2020

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes.

ICMR study hints at much wider spread of COVID-19

ICMR study hints at much wider spread of COVID-19

Rediff.com   10 Jun 2020

ICMR's serological survey, whose findings will be made public next week, suggests that the rate of contagion may be a lot higher in most-affected cities such as Delhi, Mumbai, and Pune.

How 1996 World Cup is back to haunt FPIs

How 1996 World Cup is back to haunt FPIs

Rediff.com   10 Jun 2020

The ruling mean FPIs cannot seek treaty protection against the new withholding tax that companies are required to deduct at source. The apex court order pertains to when the cricketing bodies of Pakistan, India, and Sri Lanka formed a joint committee to conduct the 1996 Cricket World Cup.

Senior citizens account for 50% of India's COVID-19 deaths

Senior citizens account for 50% of India's COVID-19 deaths

Rediff.com   4 Jun 2020

Nearly half of all coronavirus patients in the country have been cured, taking the recovery rate to over 48 per cent.

Algo traders find relief as volumes stabilise

Algo traders find relief as volumes stabilise

Rediff.com   28 May 2020

The volume of shares traded in the stock market had fallen 28 per cent in April. Turnover, or the value of securities changing hands, fell 12.6 per cent. This trend of falling volumes seems to have stabilised in May.

Mumbai gears up as Covid-19 overwhelms health system

Mumbai gears up as Covid-19 overwhelms health system

Rediff.com   19 May 2020

With projections suggesting the number of cases in the city will touch 75,000 by the end of May, civic authorities are working overtime to add to the number of beds.

No signs of Covid curve flattening, cases to peak in Jul-Aug

No signs of Covid curve flattening, cases to peak in Jul-Aug

Rediff.com   18 May 2020

'We don't know how complicated things will get with the onset of the monsoon.'

As India learns to 'live' with COVID-19, hospitals brace for new normal

As India learns to 'live' with COVID-19, hospitals brace for new normal

Rediff.com   12 May 2020

Most feel as the movement of people normalises, the in-patient volumes in hospitals will grow and by the end of May, occupancy should be around 50 per cent, and 75 per cent over a period of time.

Audit cos to go digital for clearing lockdown hurdle

Audit cos to go digital for clearing lockdown hurdle

Rediff.com   11 May 2020

There has been an exponential increase in the use of technology to validate financial numbers, with a greater reliance on electronic evidence, use of live videos where possible, data analytics, and project management software to overcome the physical limitations in verifying transactions and accounts.

The businessman who got richer during the lockdown

The businessman who got richer during the lockdown

Rediff.com   8 May 2020

Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.

Explain how you contracted COVID-19: Delhi govt to medics

Explain how you contracted COVID-19: Delhi govt to medics

Rediff.com   2 May 2020

A letter sent out by Delhi government asked all medical directors to provide a written explanation on how the health workers contracted the disease despite wearing protective gear, maintaining safe distancing and taking all precautions.

Can disinfectant tunnels actually spray out the virus?

Can disinfectant tunnels actually spray out the virus?

Rediff.com   27 Apr 2020

These are becoming one of the most in-demand commodities in the COVID world with malls, offices, banks, and shops lining up to install the structure at their entrances. The company swamped with these orders is a relatively new one, Chennai-based Nanolife, which has patented its Rajat Bhasma formula or the silver nanoparticles solution as a healthy disinfectant. Sceptics, however, say if a person is potentially exposed to the COVID-19 virus, spraying the external part of the body would not kill the microbe, which is inside the body.

Bankruptcy: India Inc gets breather for 6 months

Bankruptcy: India Inc gets breather for 6 months

Rediff.com   24 Apr 2020

Govt has decided to suspend Sections 7, 9, and 10, which are used to trigger insolvency proceedings for six months or a period not exceeding one year from the date they commence.

Elephant in the room: Is it community infection or no?

Elephant in the room: Is it community infection or no?

Rediff.com   24 Apr 2020

'Call it by whichever name, but there is transmission happening between people.'

As markets turn volatile, investors look to the stars for guidance

As markets turn volatile, investors look to the stars for guidance

Rediff.com   17 Apr 2020

The spread of COVID-19 and the accompanying mayhem caused the S&P BSE Sensex to drop over 38.5 per cent from its all-time high of 42,273.9 to a low of 25,981.2 on March 23. Those in the astrology and even numerology segments received more calls than before during the time.