Union Health Ministry, Joint Secreatry, Lav Agarwal confirmed 979 coronavirus cases in the country including 25 deaths so far. He said that in the last 24 hours the country has reported 106 new positive cases and 6 deaths. Lav Agarwal said, "All 6 deaths have been reported from 6 different states." Joint Secretary said that we are working towards identifying emerging hotspots and are implementing rigorous cluster containment strategy in these hotspots. Coronavirus outbreak: India reports 106 new positive cases and 6 deaths today
New Delhi, Mar 29 () Billionaire Gautam Adani on Sunday announced a Rs 100 crore contribution by his group's philanthropy arm to the Prime Minister's Fund to fight coronavirus outbreak.
The national capital alone reported 23 fresh positive cases, taking its count to 72, while more people tested positive in adjoining Noida as also in Maharashtra and Bihar, among other states.
The economy stands upon a mountain of debt in a time when growth is nowhere in sight to service them.
Due to delays in evacuation of cargo, some cargo owners have either suspended their operations or are finding it difficult to transport goods or complete the paper work. The government has imposed a complete lockdown in the country for a period of 21 days till April 14 in the wake of outbreak of deadly coronavirus.
Referring to the Spicejet pilot's case, a letter by Indian Commercial Pilots Association (ICPA) stated that "continuing BA Tests in these circumstances is extremely dangerous" as the machine for the test remains the same and droplets or aerosols of infected pilots may infect the healthy.
Industry experts point out that for all the companies last one month has hugely impacted cash flows and that has resulted in their mark to market. Extension of the financial year may spread the bad period over more months and could help companies recover a bit say experts.
India's most vulnerable, who fear dying not of the disease but rather of starvation, have decided not to wait. Unable to afford food and rent, migrant workers in the national capital have begun walking home, hundreds of miles away, as the lockdown keeps them from work.
The US-based John Hopkins University has disassociated itself with a previous study which landed into controversy for claiming that as many as 12.5 crore to 24 crore people are likely to be infected by the novel coronavirus in India.
In India, deep-seated cultural prejudices about dining with “others” are likely to become exacerbated.
"A large number of people are returning from cities they work in to their villages due to the coronavirus lockdown. I appeal to them, please stay wherever you are,". "We have seen what has happened in some of the developed countries like the US and Italy. Thankfully, India is not in that stage yet. But going into a crowd will invite risks of infection," Kejriwal said.
"We are under a lockdown and behavioural issues are very important under such situations. It is a new process. If there are any behavioural issues, lack of understanding for that we at the National Institute of Mental Health in Bangalore in collaboration with all other institutes has been trying to provide guidance.
Prime Minister Narendra Modi on Tuesday announced a three-week lockdown in the country as part of measures to curb the spread of coronavirus that has claimed over 26,000 lives globally.
HLL Lifecare is the nodal agency for acquiring PPE for those tackling the coronavirus outbreak. Healthcare workers weren’t too impressed at the speed with which it has been moving. The last date for receipt of bids is April 15, by which time the current lockdown is scheduled to end.
Talking to ET Online, in a telephonic interview Lt Gen.Pant said, “In the past two months almost 4000 fraud portals related to Corona Virus have been created across the globe by cyber criminals and other mafia organisations.”
"Had a video conference with HRH Prince Abdulaziz, Saudi Minister of Energy and Mr Amin Nasser, President & CEO @Saudi_Aramco. We discussed about the global oil market developments and on uninterrupted LPG supplies from Saudi Arabia to India. Prince Abdulaziz assured (me) of LPG supplies in the coming days to support our domestic requirement," Dharmendra Pradhan posted on his Twitter account.
Consequently all assets such as securities and bank balance will be handed over to the clients.
Lockdowns have become a norm world over and have led the FPIs to adopt a cautious stance.
Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is "no solid evidence" of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.
Cash deposit and withdrawal, clearing of cheques, remittance services, government transactions and ATM services as listed as essential banking services.
Uttar Pradesh has so far 55 confirmed cases of COVID-19 as of Saturday.
In a four-page internal document dated March 27, the Invest India agency detailed efforts to find companies that can supply critical supplies. Invest India said it had contacted 730 companies for ventilators, ICU monitors, protective equipment, masks and testing kits, of which 319 firms had responded so far. PM Modi ordered everyone on Tuesday to stay at home for three weeks.
Number of coronavirus cases in India is nearing 1,000, evoking fears of community transmission.
The decision comes within days of industry body COAI writing to TRAI for granting additional time to companies to file such reports, citing massive efforts being undertaken by telecom companies to overcome "numerous operational challenges" in order to keep vital networks up and running amid the 21-day nationwide lockdown.
The initiative is being viewed as pro-active step by the government to deal with multiple challenges, which the outbreak of pandemic COVID-19 has posed and made the country to deal with emergency situation, they said, adding these groups will also work on strategy for restoring normalcy in their respective sectors.
A number of union ministers, private entities, industrialists and government organisations have responded to the prime minister's announcement and contributed to the fund.
The technologies being used against the pandemic are raising questions about excessive surveillance.
The government is hurriedly ramping up its medical infrastructure. But how much can we stretch?
Components of PPE are goggles, face-shield, mask, gloves, coverall/gowns (with or without aprons), head cover and shoe cover.
Union Health Ministry Joint Secretary, Lav Agarwal confirmed 873 coronavirus cases and 19 deaths so far. He said, “Since tomorrow, 149 COVID-19 cases have been reported along with 2 additional deaths.” Lav Agarwal said that the Health Ministry, along with the State Governments, is working towards community surveillance, rigorous contact tracing and containment strategy. “We aim to ensure that lockdown and contact tracing is practiced across the country,” he added. Health Ministry says that focus is towards the construction of dedicated COVID-19 hospitals and COVID-19 blocks along with isolation beds and required logistic to fight coronavirus pandemic. Coronavirus in India: Health Ministry confirms 149 fresh COVID-19 cases, 19 deaths
In its updated figures at 9.30 am, the ministry mentioned two fresh deaths -- one each in Maharashtra and Madhya Pradesh.
The measures aimed at countering coronavirus are mostly in the right direction but hugely inadequate, he says.
Sitharaman recently said that if the disruption caused by coronavirus extends then it would suspend the use of the corporate insolvency resolution process for sometime. The finance minister had also increased the minimum amount of the default required to initiate the insolvency resolution and liquidation processes against companies from Rs 1 lakh to Rs 1 crore.
The meeting between the Finance Ministry and Reserve Bank of India (RBI) will be held through video conferencing for the first time as there is lockdown across the country. As per the Budget, the government plans to borrow Rs 5.36 lakh crore from the market in 2020-21, higher than the Rs 4.99 lakh crore estimated for the current financial year.
While a 42-year-old man, a resident of Kumbakonam, had arrived here from the West Indies, the other, a 49-year-old. had come to the city from the United Kingdom.
Prime Minister Narendra Modi announced the creation of an assistance and emergency situation relief fund where people can contribute and help in the government's fight against coronavirus.
India needs to start epidemiological data collection & analysis to fine-tune its Covid response.
According to Google Trends, coronavirus is the most popular in Goa with a score of 100 followed by Andaman & Nicobar Island (86), Karnataka (80), Meghalaya (75), and Nagaland (74). Barring Karnataka, these states have lower cases of virus infection. Maharashtra and Kerala where the maximum cases of the Coronavirus have been detected are ranked ninth and 33rd.
Sanjiv Singh, who has been overseeing refinery operations and distribution chain since the time states declared restrictions to check spread of coronavirus in mid-March, lost his 89-year-old father on March 24. Within 24-hours he was back in action, converting his parental home at Lucknow into a war room, monitoring operations and supplies to see no part of the country went dry at anytime.
Captain Amarinder said his government was also in discussion with Radha Soami Satsang Beas, which has already offered its Bhawans as quarantine facilities, to allow migrant labourers to stay there as these people would be needed for wheat harvesting in the fields in two weeks’ time.
Hours before delivering her baby, Minal Dakhave Bhosale had submitted the COVID-19 kits for evaluation.
"I ask for forgiveness from my country men especialy the poor who have been asked to remain under lockdown and have to face difficulties. I understand their pain and suffering but it is essential to fight the coronavirus pandemic," Prime Minister Narendra Modi said during his monthly radio programme.
Commenting on the same Ratan Tata said, "The situation in India and across the world is of grave concern and needs immediate action. Tata Trusts and the Tata group’s companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time. " He added that urgent emergency resources need to be deployed to cope with the crisis.
"The village in Dadri and the sectors concerned in Noida are being temporarily sealed for a period of 48 hours so that sanitisation work could be carried out there. No entry into or exit from the society or the sector would be allowed during this period except for emergencies,” Singh stated in an order.
Tech companies are helping institutions smoothen their sudden transition to an online-only teaching format.
PM Modi suggested that AYUSH medicine producers could utilise their resources to produce essential items such as sanitisers, keeping in mind the high demand for such items following the coronavirus outbreak.
As the Covid-19 outbreak hits companies hard, CFOs like Vaish are bracing for what many are referring to as the toughest phase in their careers.
Experts believe healthcare and telecom sectors are expected to perform well in this prevailing situation.
Sensex and Nifty have tumbled nearly 30% till date from their all-time highs hit in January.
According to the Reuters poll of economists taken March 25-26, India's economy will expand just 4.0% annually on a year ago in the quarter that ends on March 31, the weakest since comparable records began in early 2012. India's informal sector, the backbone of the economy, will be hardest hit as economic activity comes to a standstill.
Experts though have called on the government to consider a three-month moratorium on operators’ revenue-share commitments for the April-June quarter FY21, which would be more significant relief for the debt-laden telecom sector that is currently reeling under the impact of the adjusted gross revenue (AGR) payments crisis.
Independent market expert Sandip Sabharwal says the worst could be over for global markets.
National carrier Air India and its regional arm Alliance Air are operating a host of cargo charter flights mostly with medical equipment and medicines on several routes on Saturday, an Air India spokesperson said.
“The government has allowed airlines to carry cargo in their passenger aircraft, which are grounded at various airport, and approvals from the aviation regulator - Directorate General of Civil Aviation - is in process,” said a source, who did not want to be identified.
Many companies were hopeful that Monday would be much better as various authorities were actively trying to smoothen the flow of essential items, but some industry executives bluntly said time was running out.
The specimen for these images were taken from the throat swab of a woman in Kerala.
Prime Minister Narendra Modi on Tuesday said the nationwide total lockdown will be in place for three weeks from 12 o'clock tonight. "In view of the current situation, the nationwide total lockdown will be in place for 21 days -- three weeks," said Prime Minister Modi during his second address to the nation. "It is a kind of curfew," he said. The Prime Minister said: "If we are not able to manage the upcoming 21 days (of nationwide complete lockdown), we will be pushed back 21 years."PM Modi on coronavirus: India will be under complete lockdown for next 21 days
The Preventive Wear Manufacturers’ Association of India (PWMAI) and the Association of Indian Medical Device Industry (AiMeD) have asked the government to allow them to self-attest products in the view of the shortage of coveralls for healthcare providers.
At an India-initiated video conference of SAARC leaders on March 15, Modi suggested that health professionals of the member nations could come together to jointly fight against the coronavirus pandemic.
For a 1.3 billion-people country, the virus-positive and death cases seemed too low to warrant a drastic action.
Minal Dakhave Bhosale developed India's first Covid kit in just six weeks.
The death toll due to COVID-19 rose to 17 in the country on Friday and the number of coronavirus cases climbed to 724, according to the Health Ministry.
"For all our optimism, the bitter truth is India's covid response needs to get better than just banking on a botched-up lockdown, less than 10 covid test per million & non-existent COVID treatment & care facilities for people needing such services. India deserves better," the former JD(U) leader said.
Starting this week, Dalmia Bharat Group is organising morning Bhagavad Gita discourses through a Zoom call, where its employees working from home can tune in before they get to their work online. “Once the lockdown stops after 21 days, this may just become a way of life (in the company),” said Menon.
India's response to COVID-19 has been "pre-emptive, pro-active and graded", the govt said.
The lockdown is justified. The Covid-19 coronavirus, which can grow exponentially, was stalled in China with the help of similar lockdowns. No wonder big parts of Europe and the US are following the same model to stop the virus, writes Chetan Bhagat.
Sun Pharmaceutical Industries Ltd has committed to donate Rs 25 crore worth of Hydroxychloroquine (HCQS), Azithromycin, other related drugs and hand sanitisers to support India's fight against coronavirus pandemic.
The tech company has collaborated with Health Ministry and MyGov to raise awareness.
In a separate circular, the regulator said it has eased operational procedure for takeover.
The Reserve Bank of India slashed interest rates on Friday, following other central banks that have taken emergency measures to counter the economic fallout from the fast-spreading coronavirus pandemic.
The DRDO has produced a range of products, including multi-layered advanced masks and bodysuit to deal effectively with the outbreak of coronavirus.
The SARS-CoV2 genome, as it is formally known, has about 30,000 base pairs, somewhat like a long string with 30,000 places where each one of these occupy one of four chemicals called nucleotides. This long string, with its unique combination of nucleotides, is what uniquely identifies the virus and is called its genomic sequence. To put that in context, a human genome, which is more complex, has 3 billion base pairs.
Congress leader Rahul Gandhi on Friday called for a "more nuanced and compassionate approach" to deal with the coronavirus crisis, saying the lockdown will devastate the county's poor and weak.
This massive cut has brought down repo rate to 4.4%, which is the lowest ever.
Prime Minister Narendra Modi on Tuesday announced a countrywide lockdown for three weeks, restricting a population of over 1.3 billion indoors, in an effort to contain the spread of the deadly coronavirus, which has infected over 870 people, including 19 deaths, in India.
Union Bank said implementation of all the processes under amalgamation will happen without much disruption to customers and employees of Andhra Bank and Corporation Bank.
Even as Coronavirus spread, with sectors such as retail, travel, aviation, realty and others hunkering down to face prolonged economic pain, the small club of cryptocurrency players stood out. They are hiring and are witnessing customers, particularly millennials, flocking in to buy virtual money.
RBI Governor Shaktikanta Das predicted a big global recession and said India will not be immune. It all depends how India responds to the situation, he said. Global slowdown could make things difficult for India too, despite some help from falling crude prices, Das said, adding food prices may soften even further on record crop production.
The move, currently under discussion at the highest level, is important because it can plug the shortage of specialists. As of now, a shortage of doctors looks like a clear possibility given a highly likely surge of cases in the weeks to come.
At a time when India is in lockdown, a massive evacuation operation to take thousands of people home began in the early hours of Saturday at Delhi's borders with Ghaziabad and Noida and continues as you read this report.
WUD is using technology enabled AI, Supervision Technologies and Video Conference and other tools to enable virtual learning.
Nifty needs to breach the 8,900-9,000 range, before instilling confidence among investors.
Indus Commissioners of India and Pakistan are supposed to hold meeting by March 31 every year, according to the Indus Waters Treaty signed between the South Asian neighbours. Under the provisions of the Indus Waters Treaty, "the Commission shall meet regularly at least once a year, alternately in India and Pakistan".
During an interaction with the government, industry members were told that workers who have returned home shouldn’t be called back, to reduce the probability of disease transmission, but that consumers shouldn’t suffer because of backend labour shortage.
“It may be hard to prevent infections from spreading,”the former Reserve Bank of India Governor said.
Apollo Hospitals Group and Max Healthcare told ET that they have offered to convert at least one of their facilities in large metros into Covid-only hospitals to prevent “cohorting” of Covid-19 patients and other patients.
The RBI cut the Cash Reserve Ratio by 100 basis points to 3 per cent to boost liquidity.
Govt notified the amalgamation of 10 state owned banks into four as part of its plan to create stronger PSBs.
The number of coronavirus cases in India rose to 562 on Wednesday while the death toll due to COVID-19 in the country was revised down to nine, according to Health Ministry data.
According to Dun & Bradstreet's latest Economy Forecast, the probability of countries entering into recession and companies going bankrupt has increased and India is not likely to "remain decoupled" from the global meltdown. India's GDP growth is expected to moderate further from our earlier estimate of 5 per cent for FY20, it said.
In India it has rated Lalitpur Power Generation Company Ltd’s senior secured note under the thermal power project rating criteria.
The spread of the virus has not been uniform throughout the country. Some states have been more susceptible to the spread, while some have managed to remain corona-free. Then there have been states like Gujarat which remained infection-free for some time and then suddenly saw a spike.
Post the Black Death, a realization that life is short, played a big role in shaping interest rates in Europe.
Maharashtra reported three deaths, Gujarat two, while Madhya Pradesh, Tamil Nadu, Bihar, Karnataka, Punjab, Delhi, West Bengal and Himachal Pradesh reported one death each.
India's nationwide lockdown is broadly compared to that of China's sledgehammer clampdown of over 56 million residents of cental Hubei province and its capital Wuhan since January 23, which reported over 68,000 cases of the country's total 81,340 COVID-19 infections and 3,292 deaths as of Thursday.
India will have to achieve herd immunity to be able to fully counter covid, Swaminathan Aiyar has said.
By Saturday India had reported 918 infections and 19 deaths, triggering community infection fears.
The move followed the government announcing a Rs 1.7 lakh crore package on Thursday to put a safety net in place for those hit the hardest. India began a 21-day lockdown on March 25 to try and rein in the disease.
About $829 billion of goods traveled through India’s ports in 2018, according to data compiled by Bloomberg, the 13th most in the world. The country is also the third-biggest importer of crude oil and fourth-biggest of LNG, as well as a major buyer of coal and palm oil and an exporter of sugar.
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