Goldman Sachs and Fitch Ratings on Tuesday forecast a deeper-than-previously estimated economic recession for India in fiscal year 21, arguing that limited fiscal support, fragilities in the financial system and a continued rise in coronavirus cases are hampering a rapid normalization of economic activity. Investment bank Goldman Sachs anticipates that …
Read More »Maharashtra reports an all-time record of 23,816 new cases; 43 die in Mumbai
Mumbai: Maharashtra reported an all-time high of 23,816 new cases of coronavirus Wednesday and with that, the state bill has now risen to 9,67,349. In addition, 325 people succumbed to the infection, taking the death toll due to COVID-19 in the state to 27,732 and the number of active cases …
Read More »Plasma therapy cannot reduce COVID death rate or further disease progression: new study
New Delhi: The use of convalescent plasma therapy in coronavirus-infected patients does not help reduce mortality or progression to severe COVID-19, a multi-center study funded by the Indian Council of Medical Research (ICMR) has found. Also Read – IPL 2020: Chennai Super Kings Pacer Deepak Chahar Tests Negative for COVID-19, …
Read More »ICICI Bank, HDFC Bank, Axis Bank Push Sensex Down; check what weighs on investor confidence
Of 30 Sensex stocks, 24 scrips were trading in green with ONGC and State Bank of India as the main laggards of the index In addition to losses from the previous session, BSE Sensex and Nifty 50 fell nearly 1 percent on Wednesday, following a strong selloff in US markets …
Read More »Trump said he downplayed the pandemic so as not to cause panic: Book
WASHINGTON (AP) – US President Donald Trump intentionally misled the American people about the lethality of the coronavirus because he did not want to create panic, according to investigative journalist Bob Woodward, to whom the president said the same thing on tape. “I’ve always wanted to downplay it. I still …
Read More »HP Asia SMB 2020 Report
More than 73 percent of small and medium-sized enterprises (SMEs) in India are confident that they will survive and recover after Covid-19, a new report said Wednesday. The “HP Asia SMB Report 2020” showed that Indian SMEs are more confident than their Asian peers in recovering after the pandemic, as …
Read More »The United States keeps India on the pandemic “ do not travel ” list
On Wednesday, the United States kept India on its list of countries under ‘no travel’ warnings due to the Covid-19 pandemic, but eliminated Pakistan and Bangladesh. The US removed a pandemic-related global travel advisory for Americans in August and switched to a country-specific system, in collaboration with the Centers for …
Read More »Serum Institute of India Receives Notice After Oxford COVID-19 Vaccine Trial Stopped
AstraZeneca Pausing Oxford Vaccine Clinical Trials (Representational) New Delhi: The central drug regulator has sent a notice to the Serum Institute of India (SII) for not informing it that the pharmaceutical giant AstraZeneca has paused clinical trials of the Oxford vaccine candidate for COVID-19 in other countries and also for …
Read More »Oxford Covid-19 Vaccine Trials To Continue In India: Serum Institute | India News
NEW DELHI: The Serum Institute of India said Wednesday that its trials of AstraZeneca’s Covid-19 candidate vaccine in the country were ongoing and had not faced any issues. The statement came after AstraZeneca Plc stopped injecting its experimental coronavirus vaccine after a person participating in the studies became ill. “We …
Read More »Delhi breaks its record of coronavirus infections with 4,000 new cases and surpasses the 2 lakh mark
Breaking its own record, Delhi on Wednesday recorded the highest number of Covid-19 cases in a 24-hour span, pushing the cumulative count past the two-lakh mark, sparking fears of a second wave in the national capital. . The number of Covid-19 tests performed in a single day also rose to …
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