Will Covid second wave create a second chance to ride equity rally?

Will Covid second wave create a second chance to ride equity rally?

The domestic equity market experienced high volatility during the week gone by, with India VIX rising 16.22% on Monday, even as the US equity indices continued to hit fresh highs despite concerns of a hike in corporate tax rate by the Biden administration. Dow continued to inch higher, while the Indian bourses showed signs of … Read more

50,000 to be tested for Covid at the Maha Kumbh site

50,000 to be tested for Covid at the Maha Kumbh site

Uttarakhand administration is launching a mega Covid test drive starting Saturday in the Haridwar city, covering around 50,000 people a day amid reports of increasing Covid-19 cases among seers and others attending the Maha Kumbh. The state health department will mainly conduct RT-PCR tests. The drive will cover seers, devotees, eatery owners, frontline workers including … Read more

Will imported vaccines give the booster shot to India’s Covid-19 vaccination drive

Will imported vaccines give the booster shot to India’s Covid-19 vaccination drive

With India ready to import Sputnik V, one cannot discount the fact that it may take several months by the time large volumes from various Sputnik vaccine makers start rolling out in the country. (Reuters Image) By Shilpi Jain India has recently surpassed Brazil as the country with the second-highest number of confirmed Covid-19 cases. … Read more

Voices of those below 45 years asking for access to vaccine grows louder amid Covid surge

Voices of those below 45 years asking for access to vaccine grows louder amid Covid surge

The daily surge in Covid cases in the second wave, which has crossed the 1 lakh mark, is now creating a sense of urgency among this group to get their hands on a shot sooner than later Synopsis For those under 45 years who cannot get the jab, there is a growing sense of helplessness … Read more

Delhi records this year’s biggest single-day jump of 5,506 COVID-19 cases

Delhi records this year’s biggest single-day jump of 5,506 COVID-19 cases

Delhi on Wednesday recorded 5,506 fresh COVID-19 cases, the sharpest daily spike this year, that pushed the infection tally to 6,90,568 while 20 more people succumbed to the disease, taking the death toll to 11,133, according to the health department. This is the second consecutive day when Delhi has seen a rise of over 5,000 … Read more

Delhi Covid surge mostly among young, containment zone strategy better than total lockdown, says AIIMS Chief

Delhi Covid surge mostly among young, containment zone strategy better than total lockdown, says AIIMS Chief

AIIMs Director Dr Randeep Guleria on Covid-19 secind wave in Delhi (IE Image) The Covid surge that brought the second wave of the pandemic in the country has reached the national capital. Delhi witnessed a record high of close to 2,000 cases in around three-and-half months and private hospital running out of hospital beds. AIIMS … Read more

Time for India to go for selective lockdown? Country faces dual problem of increasing new cases and new variants

Time for India to go for selective lockdown? Country faces dual problem of increasing new cases and new variants

India’s 1st lockdown was on March 25th last year with around 525 total cases. By Dr Suresh Singh With India witnessing more than 20,000 new cases per day consecutively for 16 days since 11/3/2021 and more than 40,000 per day for seven days since 20/3/2021(> 50,000 on March 25&26th), it is time to declare total … Read more

COVID-19: Enemy is down but not out, cautions CCMB director Rakesh Mishra

COVID-19: Enemy is down but not out, cautions CCMB director Rakesh Mishra

‘It will be suicidal if we say the risk is less,’ says CCMB director Rakesh Mishra. (Reuters file photo) If you are finding more people seeming careless and confused about COVID-19, you probably are not alone. Despite experts pointing out repeatedly that masks and social distancing are the only hope at the moment, many, it … Read more

Pace of economic recovery appears to be gathering momentum in August: Nomura

Pace of economic recovery appears to be gathering momentum in August: Nomura

The economy sustained an increasing pace of recovery through August so far after a prolonged period of plateauing trends in July, according to a Nomura note on Monday. The Nomura India Business Resumption Index (NIBRI) inched up to 73.7 for the week ending August 16, over the previous week’s reading of 72.3. This came after … Read more