Tag: Coronavirus

India’s coronavirus epidemic is now the world’s fastest growing

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News Bloomberg | Updated on July 28, 2020 Published on July 28, 2020 India’s coronavirus epidemic is now growing at the fastest in the world, increasing 20 per cent over the last week to more than 1.4 million confirmed cases, according to Bloomberg’s Coronavirus Tracker.Infections in the South Asian nation of 1.3 billion people have…

Coronavirus cure: From leprosy drug to HIV drug, list of drugs that are being studied as effective COVID-

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Even as scientists race against time to find a proper cure or vaccine to fight COVID-19, doctors around the world are trying different therapies and even repurposing old drugs to combat the viral spread. The most recent one, which involves experimenting with a popular leprosy drug has shown immense potential. We tell you about a…

Apple Coronavirus screening app gets new features: Know what they are

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Apple Coronavirus screening website Apple has updated its coronavirus screening app with new information about COVID-19 symptoms and mask tips. Apple on Friday issued a new version of its app with updated symptom information and recommendations from the latest Centers for Disease Control and Prevention (CDC) guidelines. New symptoms that could be signs of COVID-19…

Coronavirus impact | With fall in consumer spending, alcohol and cigarette companies likely to face major challenge

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Due to social distancing norms, the lockdown and expected decease in consumer spending, alcohol and cigarette companies are likely to face a major challenge moving forward. Representative image Indian consumers are expected to spend cautiously this year due to the economic impact of the novel coronavirus pandemic. That, coupled with social distancing norms becoming the…

Coronavirus: For the first time, India’s vehicle sales may be zero

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Shuttered for more than a month due to the COVID-19 pandemic, India’s automobile manufacturers may not see a single vehicle sale in April. The monthly auto sales number due next week might just be a record-keeping exercise for the auto industry, which has never, in history, seen zero sales. “We are looking at zero sales in…

RBI says coronavirus hangs over future like a spectre

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RBI expects inflation for FY21 to be in the range of 3.6-3.8% (Phoro: Mint) 2 min read . Updated: 10 Apr 2020, 01:09 AM IST Gopika Gopakumar RBI in its biannual monetary policy report said second-order effects of the coronavirus pandemic could hurt India’s economyRBI said that its inflation outlook looks benign, with risks around…

Coronavirus: Automotive industry stares at Rs 48,000 crore loss as govt declares 21-day lockdown

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NEW DELHI: The closure of manufacturing plants by various automakers and component manufacturers due to coronavirus pandemic would lead to a revenue loss of over Rs 2,300 crore per day, said auto industry body SIAM on Tuesday. Prime Minister Narendra Modi announcing a 21-day nation-wide lockdown, starting Tuesday, in order to curb the spread of…

Coronavirus impact: Govt increases special additional excise duty cap on petrol, diesel

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By: ENS Economic Bureau | New Delhi | Updated: March 23, 2020 10:25:47 pm Low international prices of crude have kept petrol and diesel prices down by over Rs 5 from the beginning of the year even post the hike in excise duties. (Source: Bloomberg)The government on Monday increased the caps on special additional excise…

Coronavirus outbreak: Anand Mahindra proposes lockdown for a few weeks

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“Going by various reports from epidemiologists, it is highly likely that India is already in stage-3 of transmission. Cases could rise exponentially with millions of casualties, putting a huge strain on medical infrastructure,” Mahindra said in a series of tweets. He further said, “A lockdown over the next few weeks will help flatten the curve.”PTI|Last…

Coronavirus: RBI to inject Rs 30,000 crore liquidity into market next week

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MUMBAI: The Reserve Bank of India (RBI) will inject liquidity of Rs 30,000 crore through open market operations next week to maintain financial stability in the system in the wake of the coronavirus outbreak. The RBI has decided to conduct purchase of government securities under open market operations (OMOs) for an aggregate amount of Rs…

Coronavirus pandemic | GoAir suspends international operations from Mar 17 to Apr 15

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The airline had also asked some of its employees to go on unpaid leave to save on costs. GoAir on March 17 said it is suspending all international operations, starting March 17, 2020, until April 15, 2020, due to unprecedented decline in air travel.Earlier, Moneycontrol reported that GoAir has asked some of its employees to go…

Coronavirus Pandemic Can Affect Economic Activity In India: Shaktikanta Das

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HighlightsTourism, airlines, hospitality, trade sectors suffering, says RBI chief RBI has several policy tools, is ready to act when required, he adds India has over 110 confirmed coronavirus cases so far RBI Governor Shaktikanta Das said on Monday that the coronavirus pandemic can affect the economic activity in the country. Addressing a press conference amid…

Coronavirus lockdown helps this online platform set a new record

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With authorities globally shutting down schools, colleges and encouraging employees to work from home as they fight the spread of coronavirus disease, it seems people are finding ‘comfort’ in online gaming. Popular video gaming platform Steam just recorded the maximum number of concurrent users. As per a report by SteamDB, Steam set a new record…

Stuck at home because of coronavirus? These free video-chat app will help connect with friends and colleagues

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Written by Anuj Bhatia | New Delhi | Published: March 15, 2020 7:36:49 pm These are the best free video chat apps and enterprise-level video conference software you need to download on your mobile and laptop. (Image credit: Skype)The coronavirus continues to spread around the world, prompting many companies to implement work from home policies.…

Coronavirus: Apple to shut down all stores outside China

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Apple has announced that it will be shutting all its stores — except those in Greater China — until March 27. In a statement titled “Apple’s COVID-19 response”, Apple CEO Tim Cook made this announcement. Cook said, “We will be closing all of our retail stores outside of Greater China until March 27. We are…