Here's a selection of Business Standard opinion pieces of the day

Here's a selection of Business Standard opinion pieces of the day

Here's a selection of Business Standard opinion pieces of the day

Here's a selection of Business Standard opinion pieces of the day

Here's a selection of Business Standard opinion pieces of the day

Their solution addresses the problem ventilator shortage in the country by splitting oxygen supply so that the machine can be used on two patients simultaneously

Companies taking extreme steps to continue to stay afloat amid Covid-19 crisis

The entities have requested the state government to act as guarantor for soft loans or facilitate collateral-free loans

Most e-pharmacies are operating with minimal staff and are not able to fulfill customer orders

The lockdown has severely crippled half the ecosystem, especially e-commerce and mobility services; but the other half - digital players in content, social media and so on - is having a field day

The MLA from the Khadia-Jamalpur seat of Ahmedabad will be admitted to a designated Covid-19 hospital soon

Leader of the Opposition Tejashwi Yadav issued an open letter addressed to the chief minister, wherein he charged the state government with treating its own people like infiltrators

Even if the pandemic's curve flattens out, governments are in for a long haul because the economic and social costs are far too enormous to be recompensed in the short run

The cabinet has not been expanded since Shivraj Singh Chouhan took oath as chief minister for the fourth time on March 23, after his predecessor Kamal Nath of the Congress stepped down

West Bengal Chief Minister had shot off a letter to the Prime Minister on Monday, underscoring the "unilateral" and "undesirable" action, keeping her government in the dark

The death toll due to Covid-19 in Uttar Pradesh rose to 27 with two more fatalities, while 177 fresh cases were reported on Saturday

In view of the nationwide to prevent the spread of coronavirus, face-to-face interactions and political gatherings have been replaced by virtual meetings

Regulators weigh greenlighting the emergency use of a Gilead drug, Boeing and Airbus plan to cut thousands of jobs, and Elon Musk rails against lockdown measures. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Associated Press

Leaders of the 10-member Association of Southeast Asian Nations (ASEAN) on Tuesday morning met via videoconference to deliberate on a strategy to combat and overcome the COVID-19 crisis, ensuring peaceful life of people and sustainable development of countries in the region.In his capacity as ASEAN Chair 2020, Vietnamese Prime Minister Nguyen Xuan Phuc chaired the virtual summit, attended by the heads of state or government of the 10 ASEAN members- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, and the ASEAN secretary-general, Xinhua news agency reported.The leaders are expected to focus their discussions on containing and preventing the spread of COVID-19, supporting people in the countries hit by the disease, including providing consular assistance to ASEAN citizens living, working and studying in other ASEAN nations or a third country, and minimizing socioeconomic impacts of the pandemic.They are also expected to adopt a ...

The Afghan Health Ministry said that 49 new COVID-19 cases have been registered in the country in the past 24 hours, which led the total cases surge to 714 on Tuesday.Kabul registered 18 new cases, maximum highest in the country, leaving behind Kandahar with 15 cases, Balkh 6 cases, Herat and Ghazni 4 new cases each, and Nangarhar 2 cases, according to the health ministry's data cited by Tolo News.At least 40 people have recovered from the virus in the country while 23 have succumbed to the highly contagious infection, the Health Ministry spokesman said.In the meantime, the International Monetary Fund (IMF) executive board approved immediate debt relief for 25 countries--including Afghanistan--in order to help these countries focus on COVID-19 response."Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to ..

Experts have criticized Chinese President Xi Jinping for concealing, destroying and fabricating information about the rampant spread of COVID-19 and suppressing the data by silencing and criminalising dissent.In a report published by The Times of Israel, Human Rights Advocate Irwin Cotler said, "There is authoritative and compelling evidence -- including a study from the University of Southampton -- that if interventions in China had been conducted three weeks earlier, the transmission of COVID-19 could have been reduced by 95 per cent".The daily reported that Dr. Ai Fen, Director of the Emergency Department at the Central Hospital of Wuhan disseminated information about the novel virus to several doctors, one of them being Li Wenliang in late December last year. Wenliang passed away after contracting the contagion in February while Ai has recently disappeared."On January 1, 2020, Dr. Li Wenliang -- the "hero" and "awakener" -- was reprimanded for spreading rumours, and was summoned ..

Two out of three members of a family, residing in Kathmandu, have tested positive for COVID-19 a month after they returned from the UK.The family underwent a Rapid Diagnostic Test on Monday when they showed traces of infection. They were then rushed to Patan Hospital and kept in isolation where they underwent PCR (Polymerase Chain Reaction) method for further confirmation.The Ministry of Health and Population said in a statement, "A family of three residing at Sun City Apartment of Pepsi Cola Town Planning were tested for COVID-19 on April 13 where two persons, a 58-year male, and an 81-year female were tested positive while undertaking RDT procedure and were further tested under the PCR procedure which also confirmed that they were positive for the virus,""Other people who are residing in that apartment also would be tested for the virus and the tracing also has been started for those who came in contact with them," the statement added.The apartment has been sealed off since Monday ..

Nepal has decided to extend its nation-wide lockdown imposed in view of surging coronavirus cases for 12 more days till April 27.The decision taken during a Cabinet meeting on Tuesday comes after a sudden rise in coronavirus cases in the Himalayan country. This would be the third extension to the lockdown that was first imposed on March 24.The Council of Ministers' meeting chaired by Prime Minister KP Sharma Oli decided to extend the lockdown till April 27. Earlier meeting of the Cabinet had extended the lockdown till April 15, which was set to end on Wednesday mid-night.The Nepali government has also decided to ban all commercial international flights till April 30.Two more people have tested positive for the coronavirus in the national capital. They had a travel history to the United Kingdom.Ministry of Health and Population said in a statement: "A family of three residing in Sun City Apartment of Pepsi Cola Town Planning were tested for COVID-19 on April 13 where two persons, a ...

Spain's number of total deaths due to the coronavirus crossed 18,000 with 547 new deaths on Tuesday, which is a slight increase in the number of daily deaths reported as per the Spanish Health Ministry.On Monday, Spain had reported 517 deaths, which was one of the lowest daily increase reported in the last three weeks. As per the data from Johns Hopkins University, the current toll in Spain stands at 18,056.The Spanish authorities have also recorded a fall in the number of active cases for the first time since the outbreak. The authorities on Tuesday observed that the active cases had come down by 299 in the last 24 hours. Spain has now 86,981 active cases.Spain's overall tally of cases including the dead and recovered stands at 172,541. It has reported the third-highest fatalities in the world just behind the United States (23,649) and Italy (20,465)With 172,541 total cases, Spain is only behind the United States in the number of overall cases. The United States as of Tuesday has ...

The Department of Health and Social Care has reported that at least 12,107 people have died in the UK hospitals due to the coronavirus.This is an increase of 778 since the last update. 93,873 people in the country have tested positive for the coronavirus, as per CNN.There has been a discrepancy in the UK while reporting the deaths recorded among elderly residents.David Behan, chairman of home operator HC-One, has said that there could be discrepancies which may result in underreporting of deaths.Meanwhile, the Heathrow Airport in London, which is one of the busiest airports in Europe, has predicted a decline in passenger demand by over 90 pc in April, as the virus has halted the travel.

Prime Minister Narendra Modi on Tuesday held a telephonic conversation with President of Palestine Mahmoud Abbas and the two leaders discussed challenges posed by the COVID-19.As per an official release, "the two leaders discussed the challenges posed by the ongoing COVID-19 pandemic, and apprised each other of the steps being taken in their respective countries to control the situation."Prime Minister Modi also appreciated the measures taken by Abbas' authorities to protect their population from the virus and assured all possible support from India for these efforts.The two leaders will stay in touch over various issues regarding the global pandemic. Palestine has so far reported 308 confirmed cases of coronavirus and two deaths so far.

The International Monetary Fund (IMF) in its Global Financial Stability Overview released on Tuesday has noted that early in 2020, global financial markets remained afloat as there was a sense of optimism on the back of supportive monetary policy, reduced trade tension and tentative signs of stabilisation in the global economy. However, the spread of COVID-19 has posed a risk that has seen the prices of risk assets and commodities fall at unprecedented speed.The document released by the IMF says that the equity markets experienced the fastest drop in history with the S and P 500 falling 20 per cent from its peak in just 16 trading sessions.The asset price declines reached about half the magnitude seen in 2008-09 at the worst point of the sell-off, and implied volatility spiked across asset classes, in some cases to levels last seen during the global financial crisis.Financial Counsellor and Director of the Monetary and Capital Markets Department, IMF, Tobias Adrian while releasing the

The number of coronavirus cases reported in France has passed 100,000, top French health official said on Tuesday."As of this evening, we have passed the 100,000 mark in terms of test-confirmed coronavirus cases," Jerome Salomon told reporters.France now has 103,573 confirmed cases, with 5,497 new infections recorded in the past 24 hours.The death toll is 15,729. Of them, 10,129 were hospital patients. The number of people who died in hospitals in the past day is 559.On Monday, President Emmanuel Macron extended the nationwide lockdown until May 11. Restrictions on public life went into effect on March 17 in a bid to limit the spread of the deadly coronavirus.

As coronavirus pandemic deepens, over 117 million children in 37 countries are expected to miss out on receiving live-saving measles vaccine, the United Nations said on Tuesday.Measles immunisation campaigns in 24 countries have already been delayed and more will be postponed, the World Health Organization and the UN children's fund UNICEF said."Together, more than 117 million children in 37 countries, many of whom live in regions with ongoing measles outbreaks, could be impacted by the suspension of scheduled immunisation activities," Measles and Rubella Initiative (M & RI) said in a statement.New WHO guidelines endorsed by the Strategic Advisory Group of Experts on Immunisation aim to help countries to sustain immunisation activities during the COVID-19 pandemic."The @MeaslesRubella Initiative supports recommendations to: temporarily pause preventive immunisation campaigns where there's no active outbreak of a vaccine-preventable disease continue routine immunisation services, ..

Pakistan Prime Minister Imran Khan has announced the extension of the nationwide lockdown with relaxation to some sectors.Addressing the media in Islamabad on Tuesday, Khan said, "We made the hard decision of imposing lockdown in the country which was very well implemented due to cooperation of the people."He said that the spread of coronavirus had slowed down to 30 per cent of the projected target, Radio Pakistan reported.The Prime Minister said ventilators, protective clothing, and other gear "have been reaching the country to meet the demand".Imran Khan announced to open the construction industry in cities from today as this has the lowest risk factor in terms of coronavirus spread.Minister for Industries and Production Hammad Azhar said the industries that are exempted from the lockdown are export sector, chemical manufacturing plants, e-commerce, software development and planning, paper and packaging units, industries with labour on-site, cement and fertilizer plants, mines and ..

Michigan [USA], April 15 (ANI): Indian automaker Mahindra is joining the "Arsenal of Health" efforts spearheaded by General Motors Co. and Ford Motor Co. in Michigan to make medical Personal Protection Equipment (PPE) for healthcare workers fighting COVID-19.More than 20 Mahindra employees of the Michigan plant are making medical shields from windshields. This innovative ease-of-use box-shaped design will be used by doctors, nurses, local frontline healthcare workers and first responders."MANA's Michigan employees have taken an all-hands-on-deck approach to the COVID-19 fight," said Rick Haas, President and CEO, Mahindra Automotive North America (MANA)."We have a company full of people who love to design and make things and they are not people who like to stand on the sidelines. We have ideas coming in from across the company and we are looking hard at all of them." Haas added.MANA is working with the state, Michigan's congressional delegation, trade organisations, Oakland County and .

Prolonged or intermittent social distancing may be necessary even until 2022 to prevent future Covid-19 seasonal outbreaks, a new study has said.Researchers from Harvard University, led by Stephen Kissler, used estimates of seasonality, immunity, and cross-immunity for two betacoronaviruses from time series data from the United States, to inform a model of Covid-19 transmission, Xinhua news agency reported.Recurrent wintertime outbreaks of Covid-19 "will probably occur after the initial, most severe pandemic wave," researchers wrote on in the study 'Projecting the transmission dynamics of SARS-CoV-2 through the postpandemic period', published in the online journal Science.The researchers added that without a vaccine or other interventions, "prolonged or intermittent social distancing may be necessary into 2022."Noting that "a key metric for the success of social distancing is whether critical care capacities are exceeded," the study said that "additional interventions, including ...

Total 23 issues of 33 industry category of Topix index were in positive territory, with Mining, Securities & Commodities Futures, Iron & Steel, Real Estate, Nonferrous Metals, and Glass & Ceramics Products issues being notable gainers, while Electric Power & Gas, Other Products, Air Transportation, Information & Communication, and Foods issues were notable losers.

The Government of India and the Asian Development Bank (ADB) signed a $1.5 billion loan that will support the government's response to the novel coronavirus disease (COVID-19) pandemic, focusing on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups. Earlier, the ADB's Board of Directors approved the loan to provide budget support to the government to counter and mitigate the adverse health and socio-economic impact of the pandemic.

Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs.

SBI Card's net profit jumped 43.9% to Rs 1244.82 crore on a 33.8% rise in total income to Rs 9752.29 crore in the year ended March 2020 (FY20) over the year ended March 2019 (FY19)

The number of people in Italy who've died with COVID-19 infections has topped 30,000. The Health Ministry registered 243 deaths on Friday, bringing the total of those who died in the country to 30,201. Italy was the first country in Europe with a major outbreak of the coronavirus. Authorities say many more likely died with the infection at home or in nursing homes without being diagnosed. With 1,327 more cases registered in the 24-hour period ending Friday evening, Italy now tallies 217,185 confirmed coronavirus infections. Some 11,000 more people have recovered from the illness than are currently positive for the infection. Lombardy in the north continues to be the hardest-hit region, accounting for nearly one-half of the latest cases registered on Friday. Health and government authorities are concerned that partial easing earlier in the week of some lockdown measures, such as re-opening of public parks and gardens, could see an uptick in contagion if people ignore safety-distance ...

Arguing that a one-time payment of USD 1,200 to most of the Americans during the coronavirus outbreak is not enough, three top Democratic senators introduced a legislation on Friday to provide a recurring USD-2,000 monthly check to those struggling to make ends meet during the COVID-19 pandemic. The Monthly Economic Crisis Support Act, introduced by former presidential candidate Senator Bernie Sanders, Indian-origin Senator Kamala Harris and Senator Ed Markey, proposes to provide a monthly USD-2,000 check to every individual with an income below USD 120,000 throughout and for three months following the coronavirus pandemic. According to the proposal, married couples who file jointly would receive USD 4,000; USD 2,000 per child up to three children and it would be implemented retroactively from March. The coronavirus pandemic has caused millions to struggle to pay the bills or feed their families, Harris said. The previous CARES Act, she argued, gave Americans an important one-time ...

China continues to hide and obfuscate COVID-19 data from the world, US Secretary of State Mike Pompeo said on Friday, asserting that he has seen a significant amount of evidence suggesting that a laboratory in the Chinese city of Wuhan was underperforming and the virus could well have emanated from there. "I have seen a significant amount of evidence that suggests that the lab was underperforming, that there were security risks at the lab and that the virus could well have emanated from there," Pompeo told Ben Shapiro in an interview. "But I am happy to suspend the decision about that. What we need are answers. There are still people dying," he said. By Friday, more than 78,000 Americans had died and 13 lakh tested positive for the coronavirus. Globally, more than 273,000 people have died and 39 lakh tested positive for the disease. The American economy and those of the rest of the world have come to a standstill. "We have got an economy now that is really struggling and it is all a ..

Democratic Party's presumptive presidential nominee and former US vice president Joe Biden alleged on Friday that President Donald Trump utterly failed to prepare for the COVID-19 pandemic and said his entire economic strategy is focussed on helping the wealthy and big corporations. Referring to the record 2.05 crore jobs lost in April alone, resulting in an unprecedented unemployment rate of 14.7 per cent now -- the highest since the Great Depression -- Biden, in a major policy speech, said it is an economic disaster, worse than any in decades, and it was made all the more worse because it did not have to be this way. "Donald Trump utterly failed to prepare for this pandemic and delayed in taking the necessary steps to safeguard our nation against the near-worst-case economic scenario we are now living in," he said in his remarks on "Trump's Disastrous Economy". COVID-19 caused a massive economic challenge, but the crisis hit the US harder and will last longer because Trump spent the

An appeals court should let a June 23 primary election in New York state proceed without voters and poll workers being forced to risk exposure to the coronavirus to vote for a Democratic candidate for president when the race is essentially over, lawyers for the state said Friday. The written arguments were filed by Attorney General Letitia James and Senior Assistant Solicitor Judith N. Vale after a judge ordered the state to include the presidential race on the ballot even though former Vice President Joe Biden is essentially running unopposed. The 2nd U.S. Circuit Court of Appeals in Manhattan has scheduled oral arguments for next Friday. On Tuesday, U.S. District Judge Analisa Torres said it was unconstitutional to eliminate the Democratic presidential primary after delegates for withdrawn candidates Bernie Sanders and Andrew Yang complained that doing so weakens their standing at the Democratic Convention. She noted that a primary for contested races across New York state was ...

Several American lawmakers have introduced a legislation in Congress to offer the 40,000 unused green cards to thousands of foreign nurses and doctors to meet the urgent needs of the overstretched healthcare sector in the US, the worst hit nation by the coronavirus pandemic. The US has nearly 1,284,000 cases of confirmed COVID-19 cases and over 77,000 people have died due to the highly contagious disease. The Healthcare Workforce Resilience Act would allow for recapturing green cards that were approved by Congress but unused in past years, allowing thousands of additional medical professionals to serve permanently in the United States. The legislation would send green cards to 25,000 nurses and 15,000 doctors during the COVID-19 pandemic and ensure that states like Iowa have the professionals they need to serve patients for years to come, a media release said. The move is likely to benefit a large number of Indian nurses and doctors in the US, who are either on H-1B or J2 visas. The ..

In a worrying development, a five-year old boy has died in New York from a rare inflammatory illness linked to the coronavirus, while the death of another seven-year-old boy is being investigated for possible links to the mysterious pediatric syndrome. The New York State Department of Health is investigating several cases of the severe illness in children and child deaths that may be linked to the serious inflammatory disease called "Pediatric Multi-System Inflammatory Syndrome Associated with COVID-19." There have been 73 reported cases in New York where children are experiencing symptoms similar to Kawasaki disease and toxic shock-like syndrome possibly due to COVID-19. On Thursday, a 5-year-old boy died in the New York City from these COVID-related complications, Cuomo said. Officials in Westchester County in upstate New York say that a 7-year-old boy died late last week at Maria Fareri Children's Hospital in Valhalla. Michael Gewitz, Physician-in-Chief of Maria Fareri Children's ..

A two-week course of an antiviral therapy, started within seven days of experiencing COVID-19 symptoms, may improve clinical recovery of patients and reduce their hospital stay duration, according to the first randomised trial of this triple drug combination. The study, published in the journal The Lancet, involved 127 adults from six public hospitals in Hong Kong, and tested the effectiveness of an antiviral drug combination in reducing the load of the novel coronavirus in their bodies. According to the researchers, including those from the University of Hong Kong, treatment involving combination of the drugs interferon beta-1b, plus the antiviral therapy lopinavir-ritonavir and ribavirin, is better at reducing the viral load than lopinavir-ritonavir alone. They stressed on the need for larger phase 3 trials to examine the effectiveness of this triple combination in critically ill patients, adding that these early findings were only observed in patients with mild to moderate ...

The number of people dying from the coronavirus in Ohio's nursing homes has continued to increase at an alarming pace. Close to 500 residents of long-term care centers have died of COVID-19 in the past three weeks, according to data released by the state this week. That's nearly double the total reported for the previous two weeks. The increase in deaths could be attributed to a significant jump or a backlog of cases being added over the past week, said Melanie Amato, a spokeswoman for the state health department. Since mid-April, more than 4,300 nursing home residents and staff members have tested positive for the virus. The numbers don't tell the entire story of how the virus has devastated nursing homes during the pandemic because the Ohio Department of Health has only released the totals for just the past three weeks. Before that, the state didn't require local health departments to report nursing home deaths linked to the virus.

A 40-year-old Indian-origin woman in Singapore was charged with five counts, including use of criminal force, in a court here on Saturday for refusing to wear a face mask for protection against COVID-19 and assaulting a police officer who tried to ascertain her identity. Kasturi Govindasamy Retnamswamy was arrested after the incident that happened at a shopping mall on May 7 and was captured on video. Retnamswamy, who is a Singaporean, was remanded at the Institute of Mental Health (IMH) for psychiatric evaluation after the incident, reported The Straits Times. She was taken to a court on Saturday and faced five charges, including use of abusive words and criminal force against a public servant. The next hearing is scheduled for May 22 after her remand in the IMH. According to the police statement on Friday, the woman insulted the mall staff and hurled abuses at a security officer who was trying to get her to put on her mask correctly. The widely-shared video of the incident shows a ..

Mounting a strong defence of the ruling Communist Party of China, President Xi Jinping has said the COVID-19 fight has once again shown that the CPC leadership and the country's socialist political system can overcome any challenge. Xi's comments came as China faced global criticism for its initial inaction to act against the novel coronavirus, which according to Chinese officials emerged in the central Chinese city of Wuhan in December last year. Pressure is also mounting on Beijing to agree for an international probe on the origins of the vicious virus, including from the Wuhan Institute of Virology (WIV), as claimed by the US leadership. China curbed the spread of the coronavirus in over a month and brought COVID-19 under control at its first epicentre in Wuhan in about three months, Xi, also the General Secretary of the CPC, said at a symposium held on Friday to get suggestions from non-ruling Communist Party of China (CPC) parties on COVID-19 prevention and control. He termed the

Muslim theologists in Sri Lanka have urged the government to reconsider its decision on cremating the Muslims who died due to the coronavirus, saying the revised rule goes against the Islamic tradition. Sri Lanka has made cremations compulsory for coronavirus victims, ignoring protests from the country's Muslims, who make up 10 per cent of the 21 million population. In a letter to the Director General, Health Services, the All Ceylon Jamiyyathul Ulama (ACJU) claimed that more than 180 countries in line with the guidelines of the World Health Organisation have allowed burials for Muslims who die of COVID-19. It is our moral and ethical duty to abide by the law of the country and to guide people towards it. But it does not imply that we endorse or give consent to this ruling as it is against our religious principles, the letter said. They urged the health authorities to reconsider the decision. The Muslim clerics in Sri Lanka had earlier also made an appeal regarding their opposition ..