Epidemics lead world’s biggest short-term risks: World Economic Forum

Epidemics lead world’s biggest short-term risks: World Economic Forum

LONDON: Infectious diseases and livelihood crises led the rankings of risks expected to pose a critical threat to the world in the next two years, according to a survey of more than 650 World Economic Forum (WEF) members from business, government and academia. Extreme weather events and cybersecurity failure were also key risks, WEF said … Read more

India reached coronavirus peak in late September, crisis likely to end by February end: Govt-appointed panel

India reached coronavirus peak in late September, crisis likely to end by February end: Govt-appointed panel

With no lockdown, the coronavirus pandemic would have hit India very hard with a peak load of more than 1.40 crore cases arriving in June, professor M Vidyasagar of IIT Hyderabad has pointed out after conducting a study on ‘Progression of the Covid-19 Pandemic in India: Prognosis and Lockdown Impacts’. “Given our lack of preparedness … Read more

Oxygen crisis in MP: Government hikes subsidy for setting up oxygen plant

Oxygen crisis in MP: Government hikes subsidy for setting up oxygen plant

The Madhya Pradesh government banned medical oxygen’s industrial use which led to a near-closure of many MSMEs, to maintain supplies to hospitals. [REPRESENTATIVE IMAGE] File photo of oxygen cylinders (Photo Credits: PTI) The Madhya Pradesh government has increased the subsidy to set up an oxygen plant at Babai in Hoshangabad district from 26 per cent to … Read more

What else could go wrong for world economy before 2020 is done

What else could go wrong for world economy before 2020 is done

By Enda Curran and Fergal O’Brien The world economy’s rebound from the depths of the coronavirus crisis is fading, setting up an uncertain finish to the year. The concerns are multiple. The coming northern winter may trigger another wave of the virus as the wait for a vaccine continues. Government support for furloughed workers and … Read more