India's GDP growth for the current fiscal is expected to slow down to 4.8 per cent, a UN report has said, warning that the Covid-19 pandemic is expected to result in significant adverse economic impacts globally. The UN 'Economic and Social Survey of Asia and the Pacific (ESCAP) 2020: Towards sustainable economies' said that Covid-19 is having far-reaching economic and social consequences for the region, with strong cross-border spillover effects through trade, tourism and financial linkages.
'Opportunity for a country like India is huge in terms of wealth creation.' 'That's the reason India is an attractive economy for investors.'
The president said the European Union has "failed to take the same precautions" as his administration had implemented to contain the coronavirus outbreak.
It is our only chance of avoiding a repeat of our catastrophic second wave, asserts Naushad Forbes.
Australian swimming great Ian Thorpe says athletes should not put their Olympic dreams before their health in deciding whether to compete at the Tokyo Games as global health authorities battle to contain the spread of the new coronavirus. A number of international sports events have been hit by the coronavirus, with some competitions being postponed and others cancelled outright, and there are concerns that the outbreak might scupper the Tokyo Olympics.
Issuing a travel advisory, the health ministry also called for passengers with travel history to China, Hong Kong, Republic of Korea, Japan, Italy, Thailand, Singapore, Iran, Malaysia, France, Spain and Germany to undergo self-imposed quarantine for a period of 14 days from the date of their arrival, and their employers to facilitate work-from-home for such employees during this period.
Washington might occasionally make some noises about alleged human rights violations and related issues but commonality of interests will only see the Indo-US ties grow stronger, observes Virendra Kapoor.
The government's focus is on containing and controlling coronavirus the ministry of external affairs said on Thursday and advised Indians to stay put wherever they are and travel only under compelling reasons.
Home favourite Su Yiming of China made his Olympic debut on Sunday and received a standing ovation in return.
Formula One plans to start its coronavirus-ravaged season in May after cancelling this weekend's opener in Australia on Friday and postponing the next three races in Bahrain, Vietnam and China. Confusingly, while Formula One said in a statement it expected to begin the championship in Europe at the end of May, the governing FIA's statement referred to May 1. Both may prove optimistic as the virus spreads across the continent.
Making a statement on the situation after cases of coronavirus surfaced, Health Minister Harsh Vardhan said the government is taking all necessary measures to prevent the spread of the virus.
The govt said that states have been asked to classify districts which have reported a higher number of cases as hotspots, the districts where cases have been reported as non-hotspots, and green zones where no cases have been reported.
The robots are here!! A cylindrical robot rolls into a treatment room to allow healthcare workers to remotely take temperatures and measure blood pressure and oxygen saturation from patients hooked up to a ventilator. Another robot that looks like a pair of large fluorescent lights rotated vertically travels throughout a hospital disinfecting with ultraviolet light. These are just a few of the robots which are being used during the COVID-19 pandemic, from health care in and out of hospitals, automation of testing, supporting public safety and public works, to continuing daily work and life. Here's a look at how Artificial Intelligence is being used in this war against COVID-19.
While the number of active COVID-19 cases stood at 6,039, as many as 515 people have been cured and discharged, and one had migrated, it said. The total number of cases include 71 foreign nationals.
Biden said that 100 days since he took the oath of office on January 20 and inherited the worst pandemic in a century and the worst economic crisis in a decade, America is on the move again, turning peril into possibility, crisis into opportunity and setback into strength.
'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces.
For the first seven days, India's trajectory was close to that of the US and the UK, but the implementation of the lockdown from Day 8 seems to have helped us control the spread significantly despite our larger population.
The Reserve Bank of India on Wednesday retained the economic growth projection for the current financial year at 10.5 per cent, while cautioning that the recent surge in COVID-19 infections has created uncertainty over the economic growth recovery. In its last policy review, the RBI had projected a GDP growth rate of 10.5 pc for FY'22. Taking various factors into consideration, it said, "the projection of real GDP growth for 2021-22 is retained at 10.5 per cent consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4."
'In India, there's currently evidence the Centre has not managed a smooth vaccine rollout.' 'It is now falling back on blaming states, which are facing vaccine shortages,' points out Devangshu Datta.
Two cases of the new Omicron variant of coronavirus have been detected in Karnataka, the Union government said on Thursday while asking people not to panic but follow Covid-appropriate behaviour and get vaccinated without delay.
'The impact of economic shocks on the labour markets is usually on the young who delay their entry in response to a fall in job opportunities,' says Mahesh Vyas.
Two members of the Haas Formula One team and one from McLaren were quarantined in Melbourne on Wednesday as a precaution amid coronavirus fears ahead of Sunday's season-opening Australian Grand Prix. McLaren said one team member had self-isolated in the team hotel as a precaution for showing 'coronavirus-like symptoms'.
In Jaipur, the combination of lopinavir and ritonavir, both second-line HIV drugs, was administered was administered on an elderly Italian couple undergoing treatment for Covid-19 at the SMS Hospital.
The Opposition grand alliance is proving to be a non-starter, with senior RJD leaders reluctant to be ordered about by an immature and entitled Tejashswi, observes Virendra Kapoor.
'Strengthen hospital capacity, look after patients who need care, primarily ICU care...' 'Train doctors, get PPE, get ventilators, have treatment protocols in place.'
A total 95 deaths deaths were reported since Friday morning, of which 37 in Maharashtra, 24 in Gujarat, nine in West Bengal, seven in Madhya Pradesh, four each from Rajasthan and Uttar Pradesh, three from Andhra Pradesh and Tamil Nadu and two from Delhi and one each from Punjab and Haryana.
'Remote Working/Work from Home' strategy has been activated to aid social distancing in the impacted regions. Travel advisory across the organisation has been issued with full precautionary measure.
'Both the governments and people have to recognise that this is a long race, not a short sprint.'
The phase 3 trial findings indicate that Covaxin induces a robust antibody response with no severe vaccine-related adverse events or deaths reported among the trial participants, the authors of the study said.
As with the Spanish flu, the world must be ready for a second and third wave as this start-stop-start-stop response plays out, recommends Rahul Jacob.
'It is a bigger challenge for Mumbai because we have a dense population and people are staying in very, very small rooms.' 'So even if there is one case, then it can spread to you know, four or five people are staying together.'
Dairies, milk plants, grocery shops, chemists and petrol pumps, ATMs, e-commerce services of essential items like food and medicines will remain open, he said.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'
'I could not do mat training for nearly 25 days. I was not able to run as well after the injury. Before a tournament like Olympics even missing one day's training is not good.'
Missing their grandparents, not being able to go out and meet their friends.... These are just some of the things that kids, who have been confined to their homes due to the coronavirus lockdown, have revealed. From Tokyo to Buenos Aires, and New York to Kathmandu, youngsters have taken to their balconies or front lawns to display and explain the drawings they have made to Reuters photographers.
Gold, forex assets, IT sector, pharma. Devangshu Datta explains why each of these is a good hedge against market shocks at this time.
The survivor from Thrissur, who returned from Wuhan -- the epicentre of the pandemic -- recounts her road to recovery and her future plans. Shine Jacob reports
Wrestler Bajrang Punia pledged to donate his sixth months' salary towards Haryana's COVID-19 Relief Fund.
