The number of active cases rose by 2,374 from Tuesday to stand at 81,687, and now constitute 0.19 per cent of the total infections.
The daily positivity rate was recorded at 2.49 per cent and the weekly positivity rate at 4.38 per cent, the ministry said.
Brokerages believe that the Bharatiya Janata Party's (BJP's) stronger-than-expected showing in state elections reduces political risks for the domestic markets going into 2024. However, after the short-term excitement, the focus will soon shift to earnings, global liquidity conditions, and the interest rate trajectory. "BJP's win in the three state elections is much better than what exit polls suggested and reinforces the consensus expectations of a Modi win in the 2024 national elections with a greater likelihood of 300+ seats for the BJP.
Union Health Minister Mansukh Mandaviya on Thursday asked the public not to panic about COVID-19, but be alert and follow the directives issued by the government from time to time.
Online video platform YouTube's ecosystem has contributed over Rs 10,000 crore to India's GDP and supported more than 7.5 lakh full-time equivalent jobs in the country, according to a report. In India, over 4,500 channels had over 10 lakh subscribers and the number of YouTube channels in India making Rs 1 lakh or more in their annual revenue increased by over 60 per cent year-over-year in 2021, the YouTube Impact Report based on analysis by Oxford Economics said. "YouTube's creative ecosystem contributed over Rs 10,000 crore and supported more than 7,50,000 full-time equivalent jobs in the Indian economy in 2021. "That economic impact shows up in four ways, through direct, indirect, induced, and catalytic impacts," the report said.
Against a world average of 3.96 hospital beds per 1,000 population, Russia has 9.7, Brazil has 2.6, China has 2.2, and India languishes at just over 0.7. The deficiency is appalling on a similar scale when one compares the norms versus the actual for doctors and nurses.
More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week. The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore. Stationery products firm DOMS Industries and home financier India Shelter Finance's IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed.
The active cases comprise 0.20 per cent of the total infections, while the national COVID-19 recovery rate has increased to 98.61 per cent, the ministry said.
Serum Institute of India (SII) and Bharat Biotech have also stopped producing the Covishield and Covaxin vaccines respectively.
Larger hospitals are not worried about a spike in cases, as they are now accustomed to converting ICUs and general wards into negative pressure zones or isolation rooms. For smaller hospitals, the task is tedious.
'The sense of Constitutional propriety and political morality seems to be vanishing fast.' 'There are many things in today's politics of governance which Manmohan Singh would have never dreamt of saying or doing.'
Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.
For the consumer, there would be practically no impact on prices of essential medicines this year.
Moody's Investors Service on Tuesday slashed India's growth forecast for the current financial year to 9.3 per cent saying that the second wave of coronavirus infections hampers economic recovery and increases risk of longer-term scarring. Moody's, which has a 'Baa3' rating on India with a negative outlook, said obstacles to economic growth, high debt and weak financial system contrain sovereign credit profile. The US-based rating agency had in February forecast a 13.7 per cent economic growth for the current fiscal (April 2021-March 2022).
'Right to apprenticeship means that anyone below the age of 25 years with a diploma or other qualifications can demand an apprenticeship with a private, a public sector company or a government organisation. And when he/she demands this, it is the obligation of the government to provide it.'
An acute drug shortage in the US and stable pricing along with product launches are likely to boost revenues of India's pharmaceutical companies during the first quarter of this financial year, analysts said. Most brokerages estimate a top line growth of around 14-15 per cent, with earnings before interest, taxes, depreciation, and amortisation (Ebitda) growth of 24-30 per cent for Q1 of FY24. Hospitals are, however, likely to report lower occupancy rates, and diagnostics companies may witness an impact from delayed monsoon.
The drive has begun with Biological E's Corbevax vaccine to be administered 28 days apart. As of March 1, 2021, there were 4.7 crore children aged 12 and 13 years in the country.
The toll due to COVID-19 climbed to 5,27,289 with 36 fatalities.
India achieved a major milestone in its vaccination programme against COVID-19 as the cumulative vaccine doses administered in the country surpassed the 150-crore mark on Friday.
In light of the surge in COVID-19 in some countries, hospitals across India conducted a Mock drill COVID-19.
An apex body of psychiatrists in India has said members of the LGBTQA community should be treated like all citizens of the country and have access to marriage, adoption, education, employment, property rights and healthcare.
Addressing the G-20 University Connect initiative, the first event of India's presidency of the grouping, Jaishankar said it would also be India's endeavour to emerge as the voice of the Global South -- comprising Asia, Africa and Latin America -- that has to face the brunt of polarisation and conflict in the developed world.
The number of people who have recuperated from the disease surged to 4,36,38,844.
India logged 6,093 new coronavirus infections taking the total tally of COVID-19 cases to 4,44,84,729, while the active cases declined to 49,636, according to the Union health ministry data.
With the Supreme Court declining to accord legal recognition to same-sex marriage on Tuesday, a section of the LGBTQ+ community, petitioners and activists highlighted the positives in the ruling and called for legislative action while others expressed dismay and concern.
The Bill allows stopping of transmission and intercepting messages in case of public emergency, in the interest of the public, to prevent incitement for committing offence.
The death toll climbed to 5,24,873 with 18 new fatalities.
Foreign Direct Investment (FDI) is critically important for India to become a $5 trillion economy, Deloitte CEO Punit Renjen said while noting that over two-fifths of the 1,200 business leaders surveyed in the US, UK, Japan and Singapore are planning additional or first-time investments in India. Referring to the survey, he said India continues to be "one of the most attractive" FDI destinations. "Despite the COVID-19 destruction, inflows hit a record high last year. "Business leaders, whom Deloitte surveyed, are preparing to make additional and first-time investments in India," Renjen said.
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
87 per cent people have received the first dose of the vaccine.
The active cases comprise 2.04 per cent of the total infections, while the national COVID-19 recovery rate increased to 98.71 per cent, the ministry said.
Active cases comprised 0.05 per cent of the total infections.
The death toll has climbed to 5,26,649 with 49 new fatalities, the data updated at 8 am stated.
'Even if they try to silence us, even if they kill so many of us, we won't give up.' 'We won't give up doing the good work we are doing for society.' 'Because we love this country.'
rediffGURU Mayank Chandel offers advice to students interested in a careers in science or engineering after class 10 and 12.
'Life had its own plans and now I have learnt to go with the flow.'
The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.
India achieved a major milestone in its vaccination programme against COVID-19 as the cumulative vaccine doses administered in the country surpassed the 200-crore mark on Sunday.
While Bharat Biotech's Covaxin is in trials among children already, Serum Institute of India will begin Novavax vaccine trials on children from July, whereas the Pfizer vaccine has been approved for adolescents in the United States; and Cadila Healthcare's ZyCoV-D has done trials on 12 year-olds and above already, reports Sohini Das.
