Countries fighting COVID-19 in decentralised manner doing better: Raghuram Rajan

photo

NEW DELHI: Former Reserve Bank governor Raghuram Rajan has said the countries that tried to fight coronavirus pandemic in a decentralised manner have done reasonably well as compared to others. Citing the example of Germany and South Korea, Rajan said that these countries have allocated resources at the centre but left the details to provinces. … Read more

Tamil Nadu reports over 6,785 Covid-19 positive cases in highest single-day spike

photo

CHENNAI: Tamil Nadu‘s daily Covid-19 count touched 6,785 on Friday, the highest so far. However, testing too was at an all-time high with 63,182 people being tested, the State bulletin confirmed. This comes a day after the State reported an all-time high on Thursday with 6472 people testing positive for Covid-19. The death toll rose … Read more

Three Covid vaccine developers report promising initial results from human trials

photo

By David D. Kirkpatrick LONDON: The race for a vaccine against the coronavirus intensified Monday as three competing laboratories released promising results from early trials in humans. Now comes the hard part: proving that any of the vaccines protects against the virus and establishing how much immunity they provide — and for how long. “What … Read more

Bihar orders home isolation for asymptomatic Covid patients, UP orders for SOP to be prepared

photo

NEW DELHI: Amidst rising coronavirus cases and the resultant pressure on the availability of beds, Bihar has decided to allow home isolation of asymptomatic patients on the basis of an undertaking by the patient and a district official’s approval. Uttar Pradesh Chief Minister Yogi Adityanath on Sunday also ordered for a Standard Operating Procedure (SOP) … Read more

Only 10 per cent manufacturing units report higher output in Apr-Jun: Ficci Survey

photo

The proportion of manufacturing units reporting an increase in output dropped to 10 per cent during April-June 2020 from 15 per cent in the previous quarter, according to a quarterly poll by industry body Ficci. The survey, which drew responses from over 300 manufacturing units from both large and SME segments with a combined annual … Read more

Property portal NoBroker plans to hire 300 professionals to strengthen its business

photo

MUMBAI: Property portal NoBroker on Friday said it is planning to hire nearly 300 professionals to further strengthen its business. The company plans to recruit professionals across all its verticals, including business, marketing, and technology, it said in a statement. “With the lockdown lifted, we have seen the demand coming back to pre-COVID levels across … Read more

View: Covid-19 mitigation must be planned to minimise collateral damage – The Economic Times

photo

The effects of Covid-19 are highly skewed across age groups: the aged are the most vulnerable; children and youth are the least. The effects of lockdowns are also skewed: the aged and the retired are the least affected; nonelderly adults, youth and children are the most. Lockdown will not affect the incomes of the aged … Read more

She’s fit, young, and has been ill with Covid for months

113345701 81e16c8d 3304 4818 a0e1 82737eec8142

Image copyright Molly Williams Image caption Molly Williams could squat with 105kg before she became ill Four months after the start of the coronavirus pandemic, doctors are still on a steep learning curve. One surprise is just how long symptoms seem to last, for some patients. Dr John Wright of Bradford Royal Infirmary (BRI) talks … Read more

India to lose Rs 50,000 crore in forex if solar developers given exemption from customs duty on Chinese imports: AISIA

photo

Mumbai, Jul 10 () India will lose nearly Rs 50,000 crore in foreign exchange if solar developers are given exemption from basic customs duty on Chinese imports, the All India Solar Industries Association (AISIA) has said. On July 1, Power and New and Renewable Energy Minister R K Singh had said that Chinese imports for … Read more

Three kinds of stocks to avoid in post-Covid market: Axis AMC

photo

Some of the stronger companies may see a faster growth trajectory compared to even pre-Covid levels, says Chandresh Kumar Nigam, MD & CEO, Axis AMC. What is your perspective on the kind of rally that we are seeing? We are now seeing broader participation. Some key trends are emerging from the recovery over the March … Read more