Over 4 Lakh Covid Cases In India For First Time In New Global Record

India's coronavirus cases hit a grim global record with 4,01,993 fresh infections in the last 24 hours. 3,523 Covid patients have died. The third phase of the world's largest vaccination drive has...

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"Will See How Centre Replies To Supreme Court on Vaccines": P Chidambaram

Senior Congress leader P Chidambaram Friday said he was grateful to the Supreme Court that it has raised the issues of vaccine prices and compulsory licensing to vaccine makers and wondered how the...

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बिहार: सिवान के पूर्व सांसद मोहम्मद शहाबुद्दीन का निधन, कोरोना ने छीन ली जिंदगी

देश में कोरोना का खौफ लगातार बढ़ता जा रहा है। रोजाना कोई न कोई शख्स इस खतरनाक वायरस का शिकार बन रहा है। इसी कड़ी में बिहार के सिवान जिले के पूर्व सांसद मोहम्मद शहाबुद्दीन का नाम भी जुड़ गया।

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जन्मदिन विशेषः 'तानी पार्टनर' से 'जग्गू' तक, ये हैं अनुष्का शर्मा के निभाए पांच दमदार किरदार

शादी करने के बाद कुछ समय से अनुष्का ब्रेक पर हैं, लेकिन बहुत जल्द ही वो फिल्मों में वापसी करने वाली हैं। अनुष्का फिलहाल अगले किस रूप में दर्शकों के सामने होंगी ये तो नहीं पता लेकिन उनके जन्मदिन के मौके पर आपको बताते हैं

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US Exempts Categories Of Students, Journalists From India Travel Ban

Certain categories of students, academics, journalists and individuals have been exemption from the India travel ban announced by President Joe Biden, the US State Department said.

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Centre Vs States On Vaccine Stocks As Roll-Out For 18+ Begins: 10 Points

More than 1 crore doses of vaccines are still available in stocks with states, the centre said on Friday after several states red-flagged shortage and said they won't be able to extend the coverage to...

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Covid Crisis In India "Very Serious", Cases Yet To Peak: US Official

The COVID-19 crisis in India is indeed very serious, the Biden Administration said on Friday, noting that the cases have not peaked yet.

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सख्ती: ऑस्ट्रेलिया ने भारत से आने वालों पर लगाई पाबंदी, कहा- नियमों का उल्लंघन किया तो भेजेंगे जेल

ऑस्ट्रेलिया ने भारत से आने वाले लोगों यात्रियों के प्रवेश पर प्रतिबंध लगा दिया है। नियमों का उल्लंघन करने वालों को जेल की सजा और जुर्माना का भुगतान करना होगा।

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शूटर दादी : एक माह पहले गांव के घर में बनवाना शुरू किया रेंज, उद्घाटन से पहले ही दुनिया छोड़ गईं दादी चंद्रो तोमर

दादी चंद्रो तोमर दुनिया को छोड़कर जरूर चली गई हैं, लेकिन जाते-जाते वह गांव की बेटियों को शूटिंग रेंज का अनोखा तोहफा देकर गई है।

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1 मई : आज दिनभर इन खबरों पर बनी रहेगी नजर, जिनका होगा आप पर असर

हर रोज हम अलग-अलग खबरों से दो-चार होते हैं। हमारी आंखों के सामने से कई सारी खबरें गुजरती हैं। इनमें से कुछ ऐसी अहम खबरें होती हैं, जिनका हमारे जीवन पर असर पड़ता है...

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Sarkari Naukri 2021 LIVE: भारतीय तटरक्षक बल में नौकरी पाने का यह सुनहरा अवसर

2021 Sarkari Naukri Live Updates News in Hindi: बेरोजगार युवा ध्यान दें, कई सरकारी विभागों और कंपनियों में भर्ती शुरू हुई है।

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Australia Bans Arrivals From India, Says Offenders Will Face Jail, Fines

Australian residents and citizens who have been in India within 14 days of the date they plan to return home will be banned from entering Australia as of Monday and those who disobey will face fines...

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US Republican Lawmakers Criticise Biden For Curbs On Travel From India

Republican lawmakers on Friday criticised President Joe Biden for imposing restrictions on travel from India in view of the sudden surge in COVID-19 cases in the country.

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1 मई से टीकाकरण: राज्यों ने बताया- नहीं है वैक्सीन, केंद्र ने कहा- टीके का संकट नहीं

कोरोना वैक्सीन के भंडारण को लेकर एक बार फिर केंद्र और राज्य सरकारें आमने-सामने आ चुकी हैं। इस बार भाजपा शासित प्रदेशों ने भी कहा कि उनके पास वैक्सीन का पर्याप्त भंडारण नहीं है।

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कोरोना संक्रमण : लक्षण रहित बच्चों को इलाज की जरूरत नहीं, जानें कुछ अहम सवाल

कोरोना महामारी के बेकाबू प्रकोप के बीच केंद्र सरकार ने बच्चों में कोरोना संक्रमण और इलाज के लिए नया प्रोटोकॉल जारी किया है

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दिल्ली का हाल : राजधानी में हर 4 मिनट में हो रही है एक कोरोना संक्रमित की मौत

राजधानी में कोरोना का संक्रमण कितना भयानक रूप ले चुका है इसका अंदाजा इसी बात से लगाया जा सकता है कि पिछले कुछ दिनों से दिल्ली में प्रत्येक 4 मिनट में एक कोरोना संक्रमित की मौत हो रही है।

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महिला स्वास्थ्य पर वेबिनार : माहवारी में कपड़ा नहीं पैड हो साथ, तभी सेहत देगी साथ

कोरोना से बचने के लिए मास्क और सामाजिक दूरी जरूरी है, तो शारीरिक सफाई भी अहम है।

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कहानी एक हास्यास्पद युद्ध की: शराब को लेकर आपस में लड़ गए थे सैनिक, हजारों लोगों की गई थी जान

दुनिया में हर युद्ध किसी न किसी वजह से ही लड़े जाते हैं और उन युद्धों की वजह से हजारों-लाखों सैनिकों को अपनी जान भी गंवानी पड़ती है

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Congress Emerges Victorious In Karnataka Urban Local Body Polls

As the counting for Karnataka Urban Local Body polls concluded, Congress State President DK Shivakumar expressed happiness as his party won by gaining seven out of ten Urban Local Bodies (ULBs).

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#LadengeCoronaSe: संकट के दौर में बेबसों का सहारा... दूसरों के आंसू पोंछना बन गया मिशन

ये वो लोग हैं, जिनसे दूसरों की तकलीफ नहीं देखी गई...दूसरों की तकलीफ में उनका दिल रोता है और ये कहानियां उनकी है जो संकट में एक दूसरे का सहारा बनकर मुश्किल का दौर काटने में मदद कर रहे हैं।

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#LadengeCoronaSe : कोरोना बेशक खौफनाक वायरस, पर सकारात्मकता से दे सकते हैं मात...

कोरोना बेशक खौफनाक वायरस है पर इंसान हिम्मत खोने से जिंदगी की जंग हार जाता है।

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At Least 12 Covid Patients Killed In Fire At Gujarat Hospital

At least 12 coronavirus patients were killed in a fire at a hospital in Gujarat's Bharuch in early hours on Saturday.

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"Won't Reach That Stage": Uddhav Thackeray On Complete Lockdown

Maharashtra would have seen nine to ten lakh active coronavirus cases if the state government had not imposed new lockdown-like restrictions, Chief Minister Uddhav Thackeray said on Friday.

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"Met Him Like A Fan": Chetan Sakariya's Fanboy Moment With Rohit. See Pic

IPL 2021, MI vs RR: Rohit Sharma signed a match jersey for Rajasthan Royals' fast bowler Chetan Sakariya after Mumbai Indians beat RR on Thursday.

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Under second wave, firms put safety first

India’s largest consumer companies have put business targets on the backburner and are prioritising safety of workforce amid the raging pandemic, and have issued advisories on compassion taking precedence over business goals.Unilever global chief executive Alan Jope said in an earnings call on Thursday that with the human crisis unfolding in India, the company’s first reflex is to care for its people. “We literally are in the business of procuring hospital beds, oxygen supplies and ambulances for our people and their families,” Jope said.The maker of Lux soap and Taj Mahal tea said it added nearly half a million small stores to its online ordering app in the past year and that it helped digitised sales. "That's greatly helpful when our feet on the streets to take orders are restricted. Despite the public health and humanitarian crisis in India, we are looking forward to continued growth in the second quarter,” Jope said.The massive surge in Covid positive cases came at a time when Indian business had started recovering from the pandemic-induced slowdown, and large companies had firmed up plans to push distribution and new products in the financial year.Britannia managing director Varun Berry said the company is asking its sales workforce not to go to the market. “We don't care if our distribution drops. We will work harder and build it back, even if we are going to see a downtrend as far as our distribution is concerned.”Berry said companies have “no choice but to tread on the side of caution” as far as employees are concerned. “It's unfortunate that you build your distribution but then something like this happens. This just seems to be a very, very vicious wave of Covid-19,” he added.Amid curfews and curbs on operating hours at heavy caseload markets like Delhi-NCR and Maharashtra, companies are stepping up supply chain agility and reducing replenishment cycles by half.“At the moment, the safety of our colleagues is our key priority. In this context, we advised our sales teams — including in rural — to work from home. We have a tele-calling model which we are using right now. Our factories continue to follow the most stringent hygiene and safety protocols,” said Deepak Iyer, managing director at chocolate maker Mondelez India.Financial institutions have cautioned the impact on economic recovery from the second wave of Covid. The Indian economy is projected to grow 11% in the current financial year, the Asian Development Bank said on Wednesday, adding also that the current surge in Covid-19 cases could put the recovery at risk.Durables and appliances maker Samsung has issued advisories to employees that compassion is its top priority and PepsiCo and Nestle too prioritised employee health over business goals across all functions.“PepsiCo is de-prioritising non- discretionary work, so employees have more time to take care of themselves and their families. Compassion and empathy have taken centrestage and employee safety is number one priority,” a spokesperson at the snacks and beverages maker said.For multinational players, many of who had followed global guidelines last year to manage business amid the pandemic, the situation is different this time.“Unlike Covid One last year, which was a global crisis and MNCs were following global guidelines issued by their parent companies, the second wave is an India problem. Hence, we are issuing heightened domestic protocols to deal with the devastating crisis in the country,” said the chief executive of a large global company, requesting not to be named.

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US Senators ask vax cos to share India plans

Five US senators led by Elizabeth Warren have written to drug makers Moderna, Pfizer and Johnson & Johnson, asking them to provide details on the plans to supply their Covid-19 vaccines in India and the rest of the world. The letter from the senators comes as India faces vaccine shortages in the middle of a raging pandemic that has so far claimed more than 2 lakh lives.The other senators who have signed on this letter are Edward J Markey, Tammy Baldwin, Jeffrey A Merkley and Christopher S Murphy. The companies are expected to respond by May 11.“India is a major producer of the Oxford/AstraZeneca Covid-19 vaccines and has exported over 66 million doses globally since January 2021. But in the midst of the recent surge of Covid-19 cases, India is struggling to vaccinate people quickly enough to quell the outbreak. There are several steps that vaccine companies could take to expand access to vaccines globally, including in India,” the senators wrote.The senators suggested several steps that the companies could take to expand access to vaccines globally. They have suggested that the companies share their vaccine technology and manufacturing information with other companies to speed up production. “This technology transfer could take place voluntarily,” they wrote.There is also the World Health Organization’s mechanism for technology transfer known as the Covid-19 Technology Access Pool (C-TAP) and its recently launched mRNA vaccine technology transfer hub - which seeks to "expand the capacity of low- and middle-income countries to produce Covid-19 vaccines and scale up manufacturing" by facilitating the transfer of technology and intellectual property to those countries.Some US government officials have also put their weight behind India and South Africa’s proposal to the World Trade Organization to waive aspects of Trade-Related Intellectual Property Rights. They have asked the US government to support this proposal. If this proposal goes through, it would temporarily lift certain intellectual property barriers and allow countries to locally manufacture Covid-19 diagnostics, treatments, and vaccines, the senators said.“Though Pfizer, Moderna, Johnson & Johnson, and other companies have developed safe and effective Covid-19 vaccines, the uncontrolled spread of coronavirus poses significant risks to global vaccination efforts: as the virus proliferates, it evolves - increasing the risk of a variant developing that renders vaccinations ineffective," they wrote.

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दर्दनाक: फसल खराब हुई तो चढ़ा एक करोड़ का कर्ज, पत्नी-बेटियों को जहर देकर किसान ने की आत्महत्या

आंध्र प्रदेश के विजयवाड़ा से एक दिल दहला देने वाला मामला सामने आया है। यहां एक किसान के सिर पर एक करोड़ रुपये का कर्जा था, जिसे ना चुकाने की वजह से किसान ने कथित तौर पर आत्महत्या कर ली और अपनी दो बेटियों को जान से मार डाला।

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दिल्ली: सड़क के एक तरफ आईपीएल का रोमांच, दूसरी तरफ ऑक्सीजन की कमी से मरते मरीज

कोरोना की दूसरी लहर ने देश में गंभीर स्थिति उत्पन्न कर दी है। हर कोई डरा हुआ है। शायद ही ऐसा कोई है जिसके सगे-संबंधी या दोस्तों में कोई कोरोना पॉजिटिव न हो। ऐसे हालात के बीच दिल्ली में एक हास्यापद स्थिति नजर आ रही है...

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Sarkari Naukri 2021 LIVE: क्लर्क, शिक्षक के 12388 पदों पर निकली हैं बंपर नौकरियां

2021 Sarkari Naukri Live Updates News in Hindi: बेरोजगार युवा ध्यान दें, कई सरकारी विभागों और कंपनियों में भर्ती शुरू हुई है।

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30 अप्रैल : आज दिनभर इन खबरों पर बनी रहेगी नजर, जिनका होगा आप पर असर

हर रोज हम अलग-अलग खबरों से दो-चार होते हैं। हमारी आंखों के सामने से कई सारी खबरें गुजरती हैं। इनमें से कुछ ऐसी अहम खबरें होती हैं, जिनका हमारे जीवन पर असर पड़ता है...

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Dozens Killed In Stampede At Israel Pilgrimage Site

A massive stampede at a densely packed Jewish pilgrimage site killed dozens of people in northern Israel on Friday, leaving emergency workers scrambling to clear the area and evacuate the critically...

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Cryptocurrency miners, gamers brawl over chips

The chips, er…jibes, are becoming increasingly personal. Peel away the silicon layers and it turns out, graphics cards and computer processors are at the heart of it. These have become so scarce that two communities — gamers and cryptocurrency whales — are at loggerheads over who gets them and how many.Across private chat rooms, online forums such as Reddit and social media groups, the knives are out – both in India and abroad. At the core of this battle are high speed computer processors — called graphics processing units (GPUs) — which are manufactured abroad in small batches and typically imported.GPUs are used in graphics cards, essential for high-end computer gaming for a better audio-visual experience. They are also, by the way, excellent tools for ‘mining’, that is, helping users solve complex algorithms in return for cryptocurrencies like bitcoin. Now, a global shortage of semiconductor chips, coupled with a surge in demand from both gamers and miners, has disrupted GPU supplies.Predictably, each side is accusing the other of hoarding.“We gamers buy only what we need, and we do not scalp. We have ethics,” says 30-year-old Ravi Bhasin, a Mumbai-based financial services professional who moonshines as an elite gamer. Scalping means profiting by reselling at a higher price. “Miners hoard all cards they can get their hands on. They keep what they need and sell the less desired ones for profit.”A gamer needs only one GPU, they argue, unlike crypto miners who need several, sometimes even dozens, depending on the scale of their operation.Miners are equally contemptuous, online. “Gaming is a selfish form of entertainment and you’re an idiot for thinking your feelings and passion are important to the world. Mining, on the other hand, is changing the world,” says a Reddit user who goes by the name Mac-Royal.As more Indians join the gold rush for digital assets, the demand-supply mismatch has turned the entire economics on its head.Prices of Bitcoin and Ethereum, the two most popular cryptocurrencies, have surged by over 500% over the past six months to about Rs 40.4 lakh and Rs 2 lakh per unit, respectively. It’s a no-brainer that prices of graphic cards have consequently spiralled.

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Covid care devices face bigger shortage, rate hike

There may be an even bigger shortage over the next seven days in critical Covid home care equipment, especially oxygen concentrators and pulse oximeters, that are largely imported from China.Companies and importers are saying most cargo flights from China and Hong Kong to India are getting cancelled at the last moment delaying the arrival of their ready-to-ship consignments.Among reasons for cargo flight disruptions are, as per Indian suppliers, attempts at price gouging by Chinese logistics and manufacturing companies as well as the basic economics of cargo flights – most return flights to China are going empty as many businesses that export products to China are shut. 82319941Industry expects supply shortage to ease after China’s long Labour Day holiday period – May 1 to May 5 – ends but somewhat higher supplies will be accompanied by much higher prices.Chinese manufacturers are hiking prices citing shortage in component supplies in the last couple of days. Prices of oxygen concentrators, which cost between Rs 40,000 and Rs 60,000 – will go up by Rs 8,000-15,000 from next week, while the price of pulse oximeters will likely almost double.Currently, many cargo flight cancellations have resulted in freight rates more than doubling. Logistic companies are renegotiating already-signed contracts.“We were supposed to get a few thousand units of oxygen concentrators from Hong Kong but the flight was cancelled at the last moment on Wednesday night. We hear from others that this is happening very frequently and logistic rates have suddenly shot up,” said Sanjay Kalirona, CEO at Gizmore. “If we have to reroute through other countries, it will be a significant cost escalation,” said Kalirona.Some Indian importers and companies allege that Chinese logistics and manufacturers are forming cartels to cancel or delay cargo flights to make more money. BPL Medical Technologies chief executive officer Sunil Khurana said logistic companies are demanding new freight rates even for existing orders.“We fear these are done by opportunistic logistic agents in China who are trying to create a shortage scenario by cancelling flights at the last moment to jack up prices. This raise in air freight will certainly impact adversely the end-user price. However we will try our best not to pass on the full impact,” he said.

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ग्लोबल वार्मिंग: हजारों सालों से ग्लेशियर में दफन हैं ये वायरस, निकले तो आएगी कोरोना से भी भयंकर महामारी

कार्बन डाइऑक्साइड की मात्रा बढ़ने के कारण पृथ्वी का तापमान गर्म हो रहा है। ग्रीन हाउस गैसों में निरंतर वृद्धि के चलते धरती का औसतन तापमान बढ़ने लगा है। इस कारण ध्रुवों पर जमे ग्लेशियर पिघल रहें हैं। इससे न केवल पृथ्वी का जल चक्र प्रभावित हो रहा है।

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दिल्ली हाईकोर्ट का आदेश : जब्त रेमडेसिविर दवा अस्पतालों के लिए जारी करे सरकार

हाईकोर्ट ने दिल्ली सरकार के राजस्व विभाग के उपायुक्त (डीसी) को निर्देश दिया कि कालाबाजारी करने वालों से जब्त रेमडेसिविर दवा व ऑक्सीजन सिलिंडर को तुरंत माल खाने से अस्पतालों में भेजने के लिए प्रबंध करें।

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India-US Ties Intensified In President Biden's First 100 Days: Official

The relationship between India and the United States has intensified in the first 100 days of the Biden administration, a State Department official said in .

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Pfizer Begins To Export US-Made Covid Shots: Report

Pfizer Inc's shipment of COVID-19 vaccine to Mexico this week includes doses made in its U.S. plant, the first of what are expected to be ongoing exports of its shots from the United States, a source...

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Suspects Face Attempted Murder In Kidnapping Of Lady Gaga's Dogs

Three men were charged with attempted murder and robbery on Thursday in the theft of singer Lady Gaga's dogs in February, authorities said, a crime that saw her dog walker shot on a street in...

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बेकाबू कोरोना: बीते 24 घंटे में 3.86 लाख मामले सामने आए, 3502 की हुई मौत

देश में कोरोना की रफ्तार थमती नहीं दिख रहा। लगातार नौवें दिन देश में कोरोना के तीन लाख से अधिक मामले सामने आए हैं।

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कोरोना का असर : भीड़ कम होने की वजह से शताब्दी समेत कई ट्रेनें निरस्त

कोविड संक्रमण की वजह से ट्रेनों में यात्रियों की संख्या भी कम होने लगी है।

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अव्यवस्था: राजस्थान में बिजली जाने से बंद हुआ ऑक्सीजन प्लांट, 8 मरीजों की मौत

कोरोना महामारी की बेकाबू रफ्तार के बीच अव्यवस्था भी मरीजों की जान पर भारी पड़ रही है राजस्थान के बाड़मेर जिले के बालोतरा में बृहस्पतिवार सुबह नाहटा राजकीय अस्पताल में बिजली जाने के बाद ऑक्सीजन प्लांट बंद हो गया।

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भारतीयों ने जमकर खरीदा सस्ता सोना, मांग 37 फीसदी बढ़ी

कोरोना संक्रमण के मामले में तेजी के बीच भारतीय जमकर सोना खरीद रहे हैं।

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दिल्ली-एनसीआर : दिन में तपिश और शाम को आंधी व बूंदबांदी से मिली राहत, गाजियाबाद सबसे प्रदूषित

दिल्ली-एनसीआर के मौसम ने बृहस्पतिवार शाम अचानक करवट बदल ली।

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IPL 2021 Points Table Update: Orange Cap Holder, Purple Cap Holder List

IPL 2021, DC vs KKR: Prithvi Shaw and Shikhar Dhawan made gains in the scorers' chart as Delhi Capitals thrashed Kolkata Knight Riders by seven wickets.

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Some Vintage Pics From Sharmila Tagore's "Royal Wedding"

Saba Ali Khan, seems on a photo-sharing spree and we are loving the vintage throwbacks

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Watch: Dhawan Drops To His Knees On Karthik's Cue In Hilarious Banter

IPL 2021: Shikhar Dhawan and Dinesh Karthik engaged in some funny mid-match banter during Delhi Capitals' match against Kolkata Knight Riders.

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CSK vs SRH: MS Dhoni Sums Up Reason Behind CSK's Resurgence In IPL 2021

CSK vs SRH, IPL 2021: After Chennai Super Kings registered their fifth successive win of IPL 2021, MS Dhoni summed up what has led to their improved performance this season.

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47% of founders see startups growing at good clip

Nearly 47% of startup founders are experiencing growth at present, while another 42% expect the same over the next six months, a survey by early-stage venture investor 100X VC showed.About two-thirds (65%) of participants in the survey expect seed-stage funding by angel investors to increase this year, according to the second edition of ‘India Sentiment Outlook Survey’ of 275 founders and 77 investors across sectors.Almost 88% of early-stage ventures are looking to raise funds in the next 3-6 months, the survey report, shared exclusively with ET, showed.“Over the past year, we have seen the Indian startup segment giving a strong pushback to the Covid-19-induced market landscape. We believe that the optimistic outlook of both startups and investors, as also seen in the survey results, is an encouraging factor,” said Sanjay Mehta, founder and partner, 100X.VC.As per the survey, around 40% of startups have not changed their fundraising plans. However, 23% have delayed their fundraising initiatives, while 12% said they will decrease their round sizes. Of the total sample, 25% were inclined to ask for more capital.“We are at the stage where it’s never been easier to start a business, never been easier to raise funds and it’s never been easier to scale. This ecosystem has the perfect mix of opportunity, growth potential and momentum,” said Tuhin Sharma, cofounder of on-demand automation company Accio Robotics.Angel investors and individual investors (34%) topped the charts in terms of source of funding, while micro-VCs were the second port of call for founders with around 21% saying they would opt for such funds. Around 18% of founders preferred raising capital from venture capital funds.“Covid-19 has generated mixed sentiments among all sections of society. While credit has dried up for most, equity flows are at an all-time high. It’s a time of flux and uncertainty that the world has never seen for this long,” said Siddarth Pai, founding partner, 3One4 Capital. “The report helps get a pulse of investor sentiment and will inform the powers that be of the reforms required to convert these sentiments to action.”Angel network syndicates (13%), private equity (4%), and family offices (3%) were the other sources of funding, the report showed.More businesses were inclined to expand into newer markets, with around 33% of the companies saying they would expand; around 29% said they were looking to hire aggressively and 21% said they were looking at hiking product portfolios.Increasing runway and conserving cash were the other key focus areas for startups.Business valuations are also expected to see manifold growth, with 28% of startup founders saying valuations have increased while 41% expected it to increase in the near term.Around 19% reported no change, while 6% said it had decreased or was about to trend down.“I believe ‘Next Big What’ will be from India. Looking at the current Indian Startup ecosystem, the resource utilization, innovation, out-of-box thinking, striving to make complex things simpler and support from the investor community are driving our startup ecosystem to newer heights,” said Akash Nidhi PS, cofounder and chief technology officer of Vitra.ai -- a simple drag-and-drop application to translate videos with voice and lip sync to more than 50 languages.Among the 77 investors who took the survey, 51% were angel investors, 21% from venture capital funds, around 9% from micro-VCs and 7% from family offices and angel networks each.Of these, around 70% of all respondents said they were seeing business growth, 23% expected it in the next few months, while 68% were asking portfolio companies to be more aggressive and 30% were prompting them to maintain status quo, according to the report.

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Confusion over inoculation of temporary workers

India Inc is taking steps to vaccinate its employees against Covid-19, but there is uncertainty over who would be responsible for the inoculation of the 3.1 million temporary workers — the staffing firms that supply this workforce or the clients for whom they work.Top staffing companies Quess Corp, TeamLease Services and ABC Consultants said they can help create awareness about vaccination, but it is the responsibility of the clients to provide jabs to the temporary employees along with their own permanent staff. But some companies that employ them say there are practical and financial feasibility issues in vaccinating the on-contract workers. Both sides are trying to find a work around, like sharing costs, said people who are aware of such initiatives.82302432"Staffing firms do not make enough margins to bear the cost of vaccinating the large number of third-party employees," said Shiv Agrawal, managing director of ABC Consultants which provides 50,000-60,000 temporary employees to about 500 client firms.While companies are holding discussions on vaccinating their permanent staff and are collating data, a decision on temporary workforce is awaited, he said.The temporary, or third-party, employees are on the payrolls of the staffing companies. They are employed mainly in IT, manufacturing, telecom, hospitality and now in the pharmaceutical sectors. Typically, they are employed at junior levels and often work for stipulated periods.From this Saturday, everyone aged 18 years and above will be eligible to get vaccinated against Covid-19. While this could lead to a rush to get the jabs amid a raging second wave of the pandemic, many companies are looking at procuring vaccines directly from the manufacturers or are tying-up with hospitals to get their employees vaccinated at the earliest. Many have also said they would absorb the cost of vaccination of their staff. But these programmes may not cover the temporary workforce.A senior executive in the telecom industry said while it is possible for companies which have factories and other large facilities to create logistics for the jabs, many small and medium enterprises that employ third-party workers will not be able to do so.The staffing firms say vaccination needs to come under the benefits provided by the client to those who are working for them."It is essentially a benefit and protection of employees which in turn benefits the principal organisation," said Rituparna Chakraborty, cofounder of TeamLease Services. SAnother senior executive in the staffing industry said if client firms do not get the jabs done and staffing firms cannot bear the cost, it could lead to many of these workers not getting vaccinated.There are discussions between this set of recruitment companies and their clients. Although these talks are in early stages, some are talking of splitting costs."Principal employers cannot abdicate their responsibility towards employee well-being if the method of employment is third party. It is a harsh reflection of their value system and is not policy related," said Ajit Isaac, executive chairman for Quess Corp.Quess Corp which has about 350,000 employees deployed with vendors under third-party contracts said largely companies are putting plans but there are isolated companies taking a narrow view of this. "If they do not, we will collaborate with them to ensure all Quess' associates get vaccinated," said Isaac.A senior official at another corporate house, which has businesses in many areas, said it depends on the ratio between the permanent and temp workforce."In some businesses where the work is completely dependent on temp staff like in the larger portion of factories, then one has to vaccinate them along with the permanent lot. However, in corporate houses, where the ratio is tilted more towards those on direct payrolls, then priority will be given to them first," he added.

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Silence reigns ahead of polling for final phase

Polling in 35 seats across North Kolkata, Murshidabad, Malda and Birbhum on Thursday will mark the end of the eight-phase assembly polls in West Bengal. The campaigning for the last phase was marked by low-profile canvassing by candidates amid curbs on public rallies and roadshows by the Election Commission as Covid-19 cases surged in the state and the country.The campaigning for the phase saw West Bengal chief minister Mamata Banerjee repeatedly attacking BJP leaders for spreading Covid-19 in the state by ‘bringing in outsiders’. The CM also lashed out at the EC for not agreeing to its request to club the polls and accused the body of becoming the BJP’s ‘Tia, Moina and Aaina' (parrot, myna and mirror) while the BJP president JP Nadda accused the CM of politicising the pandemic. 82302125West Bengal on Tuesday logged 16,403 fresh Covid-19 cases, the highest-single day spike in the state, with the number of active cases going beyond 1 lakh. Among the places that will see polling on Thursday, BJP has placed big bets on Birbhum, promising to restore the glory of Rabindranath Tagore's Shanti Niketan that is situated in Bolpur here. The BJP has fielded Anirban Ganguly, author and director of Syama Prasad Mookerjee Research Foundation, from Bolpur.

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Don’t bank on private hospitals for Covaxin

People waiting to get the second shot of the indigenously developed Covid-19 vaccine, Covaxin, in private hospitals may have to switch to a government facility.Many private hospitals are wary of procuring Covaxin, as the price of ₹1,200 a dose announced by the manufacturer, Bharat Biotech, for direct procurement is eight times the price at which they are currently getting it through the government.Private hospitals now charge ₹250 a dose, including ₹100 as service charge, for administering the vaccine to the 45-plus age group. However, from May 1, they have to directly procure vaccines from manufacturers.For private healthcare facilities, Covaxin will come at more than twice the cost of Covishield, which manufacturer Serum Institute of India will sell at ₹600 a dose to them. 82302276“It is like if we are paying ₹1.5 lakh now for Covaxin for the same amount of vaccines, we will have to pay much more. We would rather switch to Covishield,” said a senior representative at a private hospital, who did not wish to be named.The price of both vaccines supplied to the central government remains unchanged at ₹150 a dose. States need to pay more — ₹600 a dose for Covaxin and ₹300 for Covishield — but several of them have promised to keep the vaccination free of cost.With the cost set to be much higher now, many people who took the first shot at private facilities may also opt for government-run centres for the second.With just two days to go for the Covid-19 vaccination drive to open to everyone over 18 years of age, the road map is quite unclear, said a senior representative with a private hospital.“Internal discussions suggest that we may not procure Covaxin because of the price which has been jacked up for private hospitals. We are also unsure if there would be enough supplies of Covaxin,” said an official in another private hospital.Any shortage of vaccines in the private set up will also impact the 18-44 age group as, according to the new guidelines from the Centre, Government of India supplies of vaccines will not be used for people beyond the existing priority groups, or those in the 45-plus group.“Hospitals will have to arrange for their procurement,” a government official said.People in the know told ET that while hospitals have held discussions with vaccine companies, nothing concrete has come out of those yet. “The company is clear that the first priority is the central government, then they will serve the state government and if they are left with something then private healthcare providers would get supplies. The private hospitals can’t jump the queue,” said a person who is aware of the discussions.

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UP Panchayat Election 2021: कौशांबी में सुबह 6 बजे से लाइन में लगे मतदाता, शांतिपूर्ण चुनाव के लिए चप्पे-चप्पे पर पुलिस

त्रिस्तरीय पंचायत चुनाव के चौथे और अंतिम चरण के चुनाव के लिए राज्य निर्वाचन आयोग और पुलिस विभाग पूरी तरह मुस्तैद हैं। 17 जिलों में हो रहे चुनाव के लिए पोलिंग पार्टियां अपने-अपने केंद्रों पर तैनात हैं।

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दिल्ली में कोरोना : चिताओं की नहीं बुझ रही आग, लोग खौफजदा, श्मशान घाटों पर लंबी कतारें

सैनिटाजेशन के बाद शव की पैकिंग, फिर पीपीई किट में अपने परिजन का अंतिम संस्कार के लिए पहुंचने वालों की फेहरिस्त लगातार लंबी हो रही है।

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ग्राउंड रिपोर्ट दिल्ली : 16 दिन बाद भी मरीजों को बेड नहीं दे पा रही सरकार

राजधानी के अस्पतालों में बिस्तरों की कमी को 16 दिन हो चुके हैं, लेकिन हालात में अब तक कोई सुधार नहीं है।

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देश में कोरोना का कहर: इस तबाही का जिम्मेदार कौन?

भारतीयों ने समझा कि घातक कोरोना वायरस खत्म हो गया है और फरवरी, 2021 आते-आते हम खुशहाली की अवस्था में थे।

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Sarkari Naukri 2021 LIVE: यहां निकली हैं बंपर भर्तियां, नौकरी की तलाश कर रहे युवा फौरन करें आवेदन

2021 Sarkari Naukri Live Updates News in Hindi: बेरोजगार युवा ध्यान दें, कई सरकारी विभागों और कंपनियों में भर्ती शुरू हुई है।

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Final Phase Of Bengal Polls Today As Covid Cases Hit Record High

The eighth and final phase of voting is being held in Bengal today amid the growing menace of Covid that is spreading fast in the state. The election is being held on 35 seats lying across Malda,...

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Six more earthquakes hit Assam's Sonitpur

After the earthquake of 6.4 magnitude on the Richter scale on Wednesday, Assam's Sonitpur was struck by six tremors on Thursday.An earthquake of magnitude 2.7 on the Richter scale struck Assam's Sonitpur in the early hours of Thursday morning, said the National Center for Seismology. This is the sixth earthquake that occurred in Sonitpur on Thursday after 12.00 am.According to the NCS, the quake occurred at 2:38 am. The epicentre of the quake was 38 kilometres West-Northwest of Tezpur at a depth of 11 kilometres.Earlier today, earthquakes of magnitude 2.6, 2.9, 4.6, 2.7, and 2.3 on the Richter Scale had hit Sonitpur at 12.24 am, 1.10 am, 1.20 am, 1.41 am and 1.52 am respectively.Prior to that on Wednesday, around 10 earthquakes had hit the Sonitpur throughout the day. The most severe among them was an earthquake of magnitude 6.4 on the Richter scale that struck Sonitpur on Wednesday morning.According to NCS, the area is seismically very active falling in the highest Seismic Hazard zone V associated with collisional tectonics where Indian plate subducts beneath the Eurasian Plate."The historical and instrumentally recorded earthquake data (NCS catalogue) reveals that the region is affected by moderate to large earthquakes and the most prominent events among those are the July 29, 1960, Assam earthquake of magnitude 6.0," said NCS in a release.

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Net-shy Covid patients feel payment pain

After finding that elusive hospital bed, many unfamiliar with online banking are facing the ordeal of tax rule with most private hospitals refusing to accept cash payments of Rs 2 lakh or beyond from patients.Families of these Covid-19 infected persons are asking friends and relatives who use netbanking to transfer money to the hospitals and clinics to secure admission. Tax professionals in some of the smaller towns and non-metros, where hospitals are inundate with patients from interiors, have urged the government to relax the rule till the pandemic lasts.According to Section 269ST of the Income-Tax Act, a provision introduced in the budget tabled immediately after demonetisation in 2016, any receipt of Rs 2 lakh or more in cash may attract penalty of 100%. Enacted to curb cash deals, the law is now being tested under unprecedented circumstances.82301768“No hospital accepts a cheque for the simple reason that if it bounces, recovering the money is difficult. So, most insist on online fund transfer even before a patient is admitted. People from tier 2 and 3 cities and villages, who have withdrawn or arranged cash but are not acquainted with netbanking, are facing problems. Also, there are families where the husband is in a serious condition while the wife and other members are not in a position to carry out online transactions. Section 269ST has a clause under which the government may exempt certain categories of receipts from the penal provision. Probably, the government should come out with a notification to temporarily spare hospitals from 269ST,” said Manish Dafria, a chartered accountant from Indore, where tax professionals have jointly made a representation on the issue to the finance ministry.In government hospitals where expenses are unlikely to cross Rs 2 lakh, patients pay cash or even use credit cards where limits may be capped at Rs 1 or 2 lakh. Even for debit cards, banks often set a transaction daily limit depending on customer profile and security considerations.Many belonging to farming, business and trading communities in states like Punjab and Haryana are ready with cash or are willing to sign a cheque to meet the hospitalisation expenses, but the facilities are constrained either by the law or their policy. “Hospitals don’t accept cheques and we are not well-versed with online banking. A private hospital in Panipat told us that it would stop medication unless we pay upfront. The bill was more than Rs 2 lakh. So we had to call some relatives,” said 65-year old Subhash Dhawan, a city resident. Harrowing ExperienceA few days ago, Anil Sharma of Ambala ran into a similar problem. “The ceiling of Rs 2 lakh is proving to be a bane and should be scrapped, at least for the time being... People are already under a lot of stress and this is adding to the trauma,” he said. There are similar stories from other parts of the country. “People from nearby villages and towns are being admitted to various hospitals at Raipur and Bhilai (in Chhattisgarh). In most of these cases, the bills generally exceed Rs 2 lakh. But due to Section 269ST, hospitals are not accepting payment in cash,” said Minesh Kumar Jain, a chartered accountant from Durg in Chhattisgarh.Private hospital owners, while admitting the problem, say they can do very little. “We are trying to do whatever we can to manage in the present situation. On top of that we cannot deal with agitated relatives of patients who are facing difficulty in making payments. If the bill is more, they are telling us to accept cheques. How is this possible?” a nursing home owner in Sonepat told ET.Officials in bank branches, functioning with fewer hands, often help customers in putting through a NEFT or RTGS transaction from their branches. “But this is not possible from another bank, in another city where relatives may have moved the patient for urgent medical attention. Also, banks are operating for a shorter duration. So, the families of these patients are approaching others. Sometimes they can, sometimes they can’t,” said Jain. Amnesty AvailableAccording to Ashish Vyas, a chartered accountant from Kota, while under the Rajasthan government scheme for free treatment patients need not make any payment to a hospital, clinics which are not recognised under the programme and don’t accept cash payment of Rs 2 lakh or more. “Visiting branches for NEFT/RTGS transactions can take time... people from rural areas end up panicking,” Vyas said.

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HNIs with lots of patience can invest in BNP's Aqua Fund

Retail investors could give the new fund offer (NFO) of BNP Paribas Aqua Fund of Fund (FoF) a miss but rich individuals with a diversified portfolio may consider putting some money into the product. The scheme will invest in units of BNP Paribas Funds Aqua (Lux), an offshore fund that invests in global companies involved in the water sector.The scheme’s investments include companies in water infrastructure, treatment, saving and recycling technologies among others. Some of the top holdings of the fund are Pennon Group, Idex Corp, Fischer (Georg) Reg and Agilent Technology. The fund has delivered a return of 16.02% over the past five years, outperforming its benchmark MSCI World (R) index which returned 13.36%.“Water is too specific and a very narrow theme to invest in. Such themes could test investor patience and take a long time to play out, which retail investors will not be able to understand,” said Gajendra Kothari, CEO, Etica Wealth.For the more knowledgeable investors, this could be an option as there are few opportunities to invest in the water sector in India.“Those who understand the water story and eyeing gains from it can consider this fund, given the lack of stocks in the space in India,” said Rupesh Bhansali, head (distribution), GEPL Capital. The NFO closes on April 30.

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Covid is back. Should you bet on pharma funds ?

Pharma funds are staging a comeback. After slipping on the return charts in the last six months, pharma funds are topping the charts once again in the last one month. With more than 10% returns in one month, the funds have toppled international sector funds and energy funds which were the toppers in the near term. Fund managers believe that the second deadly wave of covid-19 in India has surely bought the spotlight back on pharma funds. The outlook for the sector is good but volatility will continue in the space. Is this a good time for retail investors to invest in these schemes? “The second wave of Covid has created opportunities for some companies for sale of therapeutic products. Also for some companies, there is opportunity to participate in vaccines. Except for a few pockets, valuations are closer to long term averages,” says Chirag Dagli, Fund Manager, DSP Investment Managers.In spite of the big run up in the pharma sector, fund managers believe that the outlook of pharma stocks is still positive. “Despite outperformance over the last 1 year, Pharma has still underperformed the broader markets over 5 years. With fundamentals improving in the largest market of US generics, the outlook on exports remains sanguine. Driven by recovery in acute care, Indian formulations market is also expected to grow post a dip in FY 21. APIs are in a sweet spot to gain share from China,” says Chirag Dagli.Scheme name1-month returns (%)6-month returns (%)1-year returns (%)DSP Healthcare10.2216.9961.84 ICICI Pru Pharma Hlthcr & Diagn10.7818.04 52.51Mirae Asset Healthcare11.3411.3451.53S&P BSE Healthcare Index has offered 12.49% returns in the last one month and experts believe that there is room for better performance in many stocks in the index. Apart from that mutual fund houses say that the AUM in pharma funds has also seen a rise in the last few months. “Defensive sectors such as pharma and healthcare have seen increased interest from investors in recent months on expectations of some delay in economic recovery. From a long term perspective as well, the healthcare sector is attractively placed given structural tailwinds like increased government spending on healthcare and better growth expected in exports for Indian Pharma companies,” says Radhika Gupta, MD & CEO of Edelweiss Asset Management Limited. Now the big question- should retail investors join the party? Fund managers believe if investors have the risk appetite for sectoral funds, they can take exposure in a staggered manner. “Investors can invest in funds which give exposure to India and global healthcare companies in a staggered way over next 6 to 12 months. They should do so only if they are willing to stay invested for over 5 years and above,” says Radhika Gupta. Mutual fund advisors believe that investors with an aggressive risk appetite only should invest in these schemes. “Your general diversified schemes also have some exposure to pharma stocks so you would already have some exposure there. Sector funds are for those investors who can take high risk and can time their entry and exit in the stocks or schemes,” says Puneet Oberoi, Founder, Excellent Investment Advisors, a financial planning firm based in Delhi.

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कोरोना का तांडव: कोविड-19 की दूसरी लहर में भारत में स्थिति भयावह, तस्वीरों में देखें श्मशान घाट का मंजर

देश में कोरोना की दूसरी लहर में हालात दिनों-दिन बद से बदतर होने लगे हैं। तमाम सरकारी दावे और चिकित्सा व्यवस्था की धज्जियां उड़तीं नजर आ रही है।

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कोरोना से मौत : श्मशान घाटों पर लंबी कतार, आंकड़ा पहुंचा 100 के पास

दिल्ली में कोरोना की दूसरी लहर कहर बरपा रही है।

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कोरोना टीकाकरण : डेढ़ करोड़ खुराकों के साथ शुरू होगा चौथा चरण

एक मई से देश में कोरोना टीकाकरण का चौथा चरण शुरू होने वाला है लेकिन उससे पहले केंद्र सरकार ने वैक्सीन खुराक को लेकर अब तक की रिपोर्ट जारी की है

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US To Send More Than $100 Million In Covid Supplies To India

The United States is sending supplies worth more than $100 million in the coming days to India to help it fight a surge of COVID-19 cases, the White House said on Wednesday.

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What to do if you're feeling weak after COVID

Yet again, the coronavirus pandemic has wreaked havoc in our lives. More than three lakh cases are being reported every day in the country along with a shortage of beds and oxygen. But the doctors say, more than 80 per cent of the COVID-19 patients are recovering at home only with teleconsultations.Thus, it is advised not to rush to the hospital if you receive a positive report. One must consult with their doctor and then decide if they need to be in-home isolation or need to get hospitalised.However, after recovering from COVID there is another problem being faced by the patients, which is weakness.Patients with mild COVID-19 symptoms take around two weeks to recover, while patients with moderate and severe infection take around four weeks to recover. But even after recovering from the COVID virus, most people experience weakness in the body. In such a situation, people should take care of basic things like healthy eating and keeping themselves hydrated in order to recover faster. If you are someone who has recovered from covid or if you have someone in your family who has recovered, here is what you can do to overcome the weakness associated with the coronavirus infection.Eat a variety of fruitsMake sure to start your day with a plate of fresh fruits like pomegranate, orange, apple and papaya. You can include other fruits of your choice as well. You can also try drinking fruit juice, which can help in getting rid of the weakness. If possible, you can have raw fruits in the morning and fruit juice during the evening to increase your consumption.Drink warm milkDrink warm milk with turmeric before sleeping at night. Milk helps in strengthening the bones and removing the weakness from the body.Eat a variety of vegetablesConsuming vegetables is essential for the body. One must eat different types of vegetables during their lunch and dinner. One can also drink vegetable juice which includes spinach, carrots, tomatoes, beetroot juice. These are rich in minerals and vitamins, which will make you feel energetic.Eat protein and antioxidant-rich foodsEating a protein-rich diet is important for a healthy and speedy recovery. Eat things that are easy to digest so that the weak body does not have to work hard to digest the food.Other things to be kept in mindMultivitaminsKeep having your multivitamins, vitamin C and zinc tablets as recommended by the doctor. Do not discontinue the medicine only because you have tested COVID-19 negative. Having multivitamins regularly can help in removing the toxins from the body. Stay hydratedThough you might not feel like having a lot of water, it's absolutely important to keep yourself well hydrated. Apart from water, you can also drink coconut water, juices etc.Don't put pressure on yourselfEven after your COVID report comes negative, do not put too much work pressure on yourself. Some problems might persist even after a negative report, so walk a little and do not exercise much for a few days. Keep distanceEven after recovering, keep a check of your oxygen levels and keep your distance from your family members for a few days. Wear a mask at home and rest for at least 10 days after your corona report comes negative.Perform lung exercisesIt's of utmost importance that you perform lung exercises after recovering from COVID to strengthen your lungs. From simple yogic breathing exercises to blowing candles and using the spirometer, one can choose from various lung strengthening exercises. Stay positiveYou are a warrior and have battled a severe infection. But sometimes, even after recovery, you might feel anxious, depressed or traumatised about what has already happened. To take care of your mental health, make sure to meditate and do things that you like to keep yourself positive.

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दर्दनाक दास्तान : चार दिन में लगाए 25 अस्पतालों के चक्कर, फिर भी मौत

लता, हम शर्मिंदा हैं। चाहकर भी हम तुम्हें और उस मासूम जिंदगी को बचा नहीं पाए। हम रात-दिन तुम्हारे लिए अस्पतालों में चक्कर लगाते रहे।

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Bengal Phase 8 Election 2021 Live: आज अंतिम चरण का चुनाव, 35 सीटों पर होगा मतदान

पश्चिम बंगाल में बृहस्पतिवार को आठवें और अंतिम चरण के साथ ही डेढ़ महीने से चल रहा चुनावों का शोर समाप्त हो जाएगा।

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प्रोटोकॉल की धज्जियां: ओपीडी, कागजों की पर्ची पर लिखीं जा रहीं कोरोना की दुष्प्रभावी दवाएं

अब देश के कई हिस्सों में कोरोना वायरस के उपचार को लेकर गलत प्रैक्टिस शुरू हो चुकी है। उत्तर प्रदेश, बिहार, दिल्ली, हरियाणा और एनसीआर के कई शहरों में कोरोना उपचार प्रोटोकॉल की धज्जियां उड़ रही हैं।

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Maersk raises guidance citing strong demand

A.P. Moller-Maersk A/S, the world’s largest shipping line, almost doubled its profit forecast for this year, citing an “exceptional” environment characterized by “surging” demand for its services.The raised guidance follows a week-long blockage of the Suez Canal earlier this year, which created bottlenecks throughout much of the global supply chain and sent freight rates soaring. The shares rose as much as 5.2%.Copenhagen-based Maersk said it now sees underlying Ebit for 2021 in a range of $9 billion to $11 billion, compared with the $4.3 billion to $6.3 billion previously expected. Underlying Ebitda is forecast to reach $13 billion to $15 billion, versus previous guidance of $8.5 billion to $10.5 billion.“The continued strong performance is mainly driven by the continuation of the exceptional market situation with surging demand leading to bottlenecks in the supply chain and equipment (containers) shortage,” Maersk said late on Monday. The favorable conditions are expected to continue “well into” the fourth quarter, it said.Container rates get new boost from SuezThe company, which transports almost a fifth of the world’s containers, said it now sees global market demand growing 5-7% this year, compared with 3-5% previously. The improved forecast is “primarily driven by the export volumes out of China to the U.S.,” Maersk said.At Jefferies, analyst David Kerstens repeated a buy recommendation on the shares, saying that while the market had expected Maersk would raise its full-year profit forecast, the new guidance looks better than expected.What’s more, Kerstens said “there remains upside risk to guidance, as container freight rates continue to track ahead of expectations, reaching new record highs.”BI reaction: Robust Liner Fundamentals to Drive Maersk Earnings HigherMaersk also published preliminary first-quarter results, unveiling revenue of $12.4 billion that was just shy of the $12.61 billion seen in a Bloomberg survey of analysts.The blockage in the Suez Canal earlier this year delayed an expected normalization of container rates, which had more than doubled in 2020 due to rising demand for consumer goods during the pandemic.The shares added 3.7% as of 9:14 a.m. in Copenhagen, bringing this year’s gains to 18%. The stock soared 42% in 2020.Maersk is due to publish full first-quarter results on May 5.

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Earthquake of magnitude 6.4 hits Assam

A massive earthquake of 6.4 magnitude hit Assam on Wednesday morning, causing widespread damage in the Northeast state, officials said.Tremors were felt in the entire region, including neighbouring Meghalaya and northern parts of West Bengal, they said.The quake hit Sonitpur district at 7.51 am, they added.It was followed by two more jerks of 4.3 and 4.4 magnitudes at 7.58 am and 8.01 am, respectively.Most parts of the region felt the impact of the massive earthquake as people ran out of their homes and other places in panic.Many buildings in Tezpur, the district headquarters of Sonitpur, Guwahati and other places developed cracks.Detailed reports are awaited regarding casualty.

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Bad bank may soon get nod, with some riders

The government is expected to soon clear the proposed asset reconstruction company (ARC) that will take over stressed debt, though the promised sovereign support for the bad bank is likely to come with some riders. The government will offer a sovereign guarantee to security receipts (SR) issued by the ARC only when the asset is bought under a certain haircut band.“If the ARC buys an asset at, say, 80% of the book value, the government may not guarantee or only provide partial guarantee on issued SRs,” said a government official aware of deliberations. “We have received the proposal from Indian Banks’ Association (IBA) on the structure and other modalities of the proposed ARC. A final decision is expected soon.” He said the structure is yet to be finalised. 82284100The rider is to ensure that non-performing assets (NPAs) are not sold at inflated prices.Comfort for BanksThat may put the burden on the government.The sovereign guarantee will give comfort to banks to sell assets to the ARC, helping them clean up the books and get on with the core business of lending.In the first phase, 70-80 stressed assets worth Rs 500 crore and above will be taken over by the ARC, adding up to about Rs 3 lakh crore of bad loans. About 10 banks and two non-banking finance companies are expected to come together to set up the ARC.Under the proposed model, the ARC will acquire NPAs at net book value, paying 15% consideration in cash and the remaining 85% in security receipts. These instruments are redeemed when the ARC successfully resolves the NPA.A bank executive privy to discussions said that even at a conservative estimate, and considering a long-term repayment period, the guarantees on SRs could still be substantial. If an asset is taken at 30-40% of the book value, the burden on the government may be less in case the bad bank fails to realise the value, he added.Finance minister Nirmala Sitharaman had announced setting up an ARC-asset management company model in her FY22 budget speech, to consolidate and take over existing stressed debt. “The government will probably have to provide a guarantee,” she had said at a post-budget conference in Mumbai.

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फटकार: हाईकोर्ट ने खारिज की कोरोना कार्ययोजना, कहा- मेरा कायदा, वरना कोई कायदा नहीं...जैसा रवैया छोड़े यूपी सरकार

कोविड-19 के दौरान स्वास्थ्य सेवाओं की नाकामी पर स्वतः संज्ञान लेकर हुए सुनवाई कर रहे इलाहाबाद हाईकोर्ट ने महामारी से निपटने के लिए राज्य सरकार द्वारा पेश कार्ययोजना को खारिज कर दिया है।

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महाराष्ट्र: ठाणे के प्राइम क्रिटिकेयर अस्पताल में आग, शिफ्टिंग के दौरान चार मरीजों की मौत

महाराष्ट्र के ठाणे के मुंब्रा इलाके में आज यानी बुधवार तड़के तकरीबन 3:40 बजे प्राइम क्रिटिकेयर अस्पताल में आग लग गई। आग लगने के बाद दूसरे अस्पतालों में मरीजों की शिफ्टिंग के दौरान चार की मौत हो गई।

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Sarkari Naukri 2021 LIVE: इन 5442 पदों पर निकलीं हैं बंपर नौकरियां, अभी करें आवेदन

2021 Sarkari Naukri Live Updates News in Hindi: बेरोजगार युवा ध्यान दें, कई सरकारी विभागों और कंपनियों में भर्ती शुरू हुई है।

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मुंबई: मदद के लिए आगे आए सिख युवा, ऑक्सीजन सिलेंडर के लिए शुरू किया कॉल सेंटर

मुंबई के मालाबार मालाबार हिल सेवक जत्था और मुलुंड सिख युवाओं ने ऑक्सीजन सिलेंडर की मदद के लिए एक कॉल सेंटर शुरू किया है। यहां कोई भी ऑक्सीजन प्राप्त करने के लिए कॉल सकता है। 

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Four Patients Dead In Fire At Hospital In Maharashtra's Thane

Four patients dead in fire at hospital in Maharashtra's Thane

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Three pvt banks may start search for next CEOs

Long-serving chief executive officers (CEOs) at DCB Bank, RBL Bank and Federal Bank will now have to focus on succession planning after the regulator this week capped their tenures at 15 years.DCB Bank CEO Murali Natrajan has completed 12 years in the job and got a year’s extension this month. Federal Bank CEO Shyam Srinivasan will complete 11 years in September when his second consecutive one-year extension ends.RBL’s Vishwavir Ahuja also completes 11 years in June and is awaiting the Reserve Bank of India (RBI) nod for another three-year term after the bank’s board approved such a proposal in January. Federal Bank and RBL boards have sought three-year terms for their CEOs. It remains to be seen whether the RBI will give this extension, which is within the 15-year limit. 82283868‘Yes Bank Impact’The regulator’s directions on limiting CEO tenures come after the publication last summer of a discussion paper that had sought a review of the governance framework at commercial banks. A bank CEO who is also a promoter or major shareholder cannot hold these posts for more than 12 years, the revised RBI rules said. Analysts said the RBI move is a reaction to the Yes Bank crisis.“I call this the ‘Yes Bank impact’,” said Asutosh Mishra, head of research, Ashika Stock Broking. “After such a big crisis, the RBI wants to be seen as taking some corrective measures and it has, rightly or wrongly, attributed the failures to powerful CEOs who override the boards, posing systemic risks.” Mishra, however, said that longer executive tenures have also helped build world-class banks, with adequate checks and balances in place. “One can argue that for every Rana Kapoor, there is an Aditya Puri, who built a world-class institution in his 25 years as CEO. But this is now a regulatory call,” Mishra said. Puri was the founding CEO at HDFC Bank, now India’s most-valuable lender.Currently India’s longest-serving bank CEO Uday Kotak still has almost three years at the top at Kotak Mahindra Bank despite being in the corner room for 18 years at the institution. Kotak, Asia’s richest banker, was granted a full three-year term in December.Kotak’s tenure now ends on January 1, 2024, almost 21 years after he converted his non-banking finance company into a bank in 2003. The new norms do not apply to bank CEOs whose tenures have already been approved by Mint Road. “Banks with MDs & CEOs or whole-time directors (WTD) who have already completed 12 or 15 years as MD & CEO or WTD, on the date these instructions come into effect, shall be allowed to complete their current term as already approved by the Reserve Bank,” the banking regulator said. The chiefs at three large banks that saw leadership changes recently are also unaffected. ICICI Bank CEO Sandeep Bakhshi took over in October 2018, Axis Bank CEO Amitabh Chaudhry took charge in January 2019, while Puri’s successor at HDFC Bank assumed office in October 2020.Bank executives said the new curbs on tenures reflect the central bank’s need to be seen to be taking corrective measures.“What is the logic of 15 years and not 20 years? Who was accountable for regulatory oversight at Yes Bank for years when everyone knew the issues?” asked a bank executive who didn’t want to be named. “But who will ask the regulator the hard questions? It has found an easy solution to the problem and everyone has to go with it.”CEOs can be reappointed in a bank after a mandatory three-year cooling-off period, during which the executive cannot be appointed or associated with the bank or its group entities in any capacity. Bankers said the central bank’s move could hurt stability at small and medium private sector banks that require strong leadership and an understanding of the business to stand out in a competitive lending business. “One way to look at it is there will be new people with new ideas after 15 years, which is a positive. But was this move necessary when things are uncertain due to the Covid disruptions?” asked another bank executive. The central bank has also kept the retirement age for bank CEOs unchanged at 70.In a related move, the RBI has directed that half the directors in banks be independent ones. It has also put an annual Rs 20-lakh ceiling on fees to be paid to independent directors.The central bank also said that independent directors have to chair bank boards.“The role of independent directors is now critical,” said Rajesh Gupta of SNG Partners. “Banks are expected to appoint such qualified directors who can meet all the new requirements. The demand for quality independent directors is bound to go up as their role and responsibility is huge under the new rules.”Some in the industry believe the RBI moves, including its orders on board composition, will encourage diversity.“This (RBI move) would provide a chance for a wider diversity mix to be built into the board and with wider expertise areas such as IT, audit, digital, new age economy,” said Srinath Sridharan, who earlier acted as a board member in the financial services industry. “This is an opportunity for the private banks, especially small finance banks (SBFs), to improve the composition of their board committees.”

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Delhi's testing, vaccination slips to 2-wk low

Delhi is floundering on two main tenets of Covid-19 management — tests and vaccinations. At a time when it should be conducting at least 100,000 tests daily, of which 70% ought to be RT-PCR, the capital touched a two-week low of 57,690 tests on April 26 while infections grew rapidly.On the same day, only 43,637 vaccinations took place — lesser than those in geographies of Jammu & Kashmir, Assam and Odisha, which have a low Covid-19 caseload.The last time Delhi tested 100,000 samples was on April 14. Over the past week, it has consistently conducted less than 90,000 daily tests. The Centre has directed the states to ensure that at least 70% tests conducted daily should be RT-PCR, which is considered the gold standard on testing. In the capital, between April 20 and 26, this proportion was below 70%. Over the past two weeks, Delhi crossed the 70% RT-PCR mark only twice — 71.94% on April 15 and 75.83% on April 19. 82283803Pvt Labs Cite Lack of ManpowerPrivate laboratories attribute this decline to several factors including a demand-supply mismatch, infections to phlebotomists and other frontline staff besides shortage of reagents required for testing. “Overall the testing capacity has taken a hit due to a lack of manpower, especially data entry operators and sample collection technicians. The government must ease certain protocols,” said Chetan Kohli, COO, Genestrings Diagnostic Centre.“Some reagents used for critical blood tests for inflammatory markers in Covid-19 have been rapidly utilised due to the rush of patients needing these tests and are now in short supply. We have discussed this shortage with DG ICMR and secretary-pharmaceuticals and efforts are being made to import them on a war footing,” said NATHEALTH president Harsh Mahajan.The Centre has insisted on a test-track-treat-vaccinate protocol for Covid-19 management. Apart from testing, vaccination numbers have also nose-dived. From a capacity of inoculating 100,000 persons daily, Delhi has come down to 43,637 on April 26. On Saturday, the inoculations dropped to 35,455 — the lowest in two weeks. Since April 14, the city has not touched 100,000 inoculations even once. Fear of infections could be preventing people from stepping out of their homes to get the jab, health experts said.

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कोरोना का तांडव: भारत में पिछले 24 घंटे में 3286 मौतें, मृतकों का आंकड़ा दो लाख के पार

कोरोना ने देश में हर तरफ मौत का तांडव मचाया हुआ है। भारत में मरने वालों की संख्या अब तक दो लाख के पार हो चुकी है।

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फटकार: सुप्रीम कोर्ट ने कोरोना को बताया राष्ट्रीय आपदा, कहा- कोर्ट मूकदर्शक नहीं रह सकता... हाईकोर्ट के अधिकार नहीं छीने

सुप्रीम कोर्ट ने मंगलवार को देश संकट में हैं ऐसे में वह मूकदर्शक नहीं रह सकता। लिहाजा सुप्रीम कोर्ट ने केंद्र सरकार को ऑक्सीजन की आवश्यकता और आपूर्ति की स्थिति बताने के लिए कहा है।

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स्वास्थ्य : अमेरिका में खाने से एलर्जी पर बदला कानून, प्रतिबंधित सूची में तिल शामिल

अमेरिका में अब तिल को एलर्जी करने वाले खाद्य पदार्थों की सूची में शामिल कर लिया गया है। कंपनियों को उत्पाद में तिल होने और इससे एलर्जी की चेतावनी देनी होगी। अमेरिकी राष्ट्रपति जो बाइडन से इससे जुड़े फास्टर एक्ट पर दस्तखत कर दिए हैं।

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"Most Vulnerable" Bio-Bubble: Zampa's Reason Behind Pulling Out Of IPL

IPL 2021: Adam Zampa, who pulled out of the ongoing Indian Premier League, revealed that the increase in COVID-19 cases contributed to his departure.

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Indian COVID-19 Variant Found In At Least 17 Countries: WHO

The World Health Organization said Tuesday that a variant of Covid-19 feared to be contributing to a surge in coronavirus cases in India has been found in over a dozen countries.

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One Dose Of Covid Vaccine Cuts Household Spread By Up To 50%: UK Study

One dose of the Pfizer or AstraZeneca vaccines reduces the chances of someone infected with coronavirus from spreading it to other household members by up to 50 percent, according to a English study...

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Dell Unveils Latitude 7320 Detachable, a 2-in-1 Laptop With Thunderbolt 4

Dell Latitude 7320 Detachable 2-in-1 laptop comes with options of Windows 10 Pro, Windows 10 Home, and Windows 10 Enterprise (Windows as a Service or WaaS). It starts at $1,549 (roughly Rs. 1.15...

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राहत: देश में पहली बार एक दिन में 2.5 लाख मरीज स्वस्थ, 18 से ऊपर वालों के लिए पंजीयन आज से

कोरोना वायरस से तकरीबन एक माह बाद राहत मिलती नजर आ रही है। देश में पहली बार एक दिन में 2.5 लाख से ज्यादा मरीज कोरोना से स्वस्थ हुए हैं। वहीं, हर दिन मिलने वाले मामलों में भी थोड़ी कमी दर्ज की गई है।

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भारत-चीन तनाव : एलएसी पर पीछे हटने में आनाकानी कर रहा ड्रैगन, जनरल नरवणे पहुंचे लद्दाख

सेना प्रमुख जनरल एमएम नरवणे ने मंगलवार को पूर्वी लद्दाख और सियाचिन-साल्टोरो रिज इलाकेका दौरा किया।

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सेहत से खिलवाड़: आईसीएमआर का दावा, दर्द निवारक दवाओं से और बिगड़ सकता है रोगी का स्वास्थ्य

भारतीय आयुर्विज्ञान अनुसंधान परिषद (आईसीएमआर) का दावा है कि देश मे 80 फीसदी कोविड-19 मरीजों में बेहद सामान्य लक्षण जैसे बुखार, गले में दर्द और खांसी नजर आ रहे हैं।

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कोरोना का असर: एक बार फिर राजद अध्यक्ष लालू प्रसाद यादव की रिहाई टली

चारा घोटाले के लंबित आखिरी मामले में जमानत मिलने के एक सप्ताह के बाद भी राष्ट्रीय जनता दल के अध्यक्ष लालू प्रसाद यादव की रिहाई तीन मई तक टल गई है।

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सलाह: पूर्व मुख्य चुनाव आयुक्त कृष्णमूर्ति बोले- कई चरणों के चुनाव पर दोबारा सोचने की जरूरत

पूर्व मुख्य चुनाव आयुक्त (सीईसी) टीएस कृष्णमूर्ति ने कहा कि कई चरणों के चुनाव पर दोबारा सोचने की जरूरत है। उन्होंने भविष्य में  एक चरण में चुनाव और प्रचार अभियान के समय को कम करने पर जोर दिया।

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Canada Reports First Death Linked To AstraZeneca Covid Vaccine Shot

A 54-year woman has died in Canada after receiving the AstraZeneca Covid vaccine, the first fatality linked to the drug in the country, provincial authorities announced Tuesday.

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Verdict In Rape Case Against Journalist Tarun Tejpal Today

A sessions court in Goa will pronounce its verdict in rape case against former Tehelka editor-in-chief Tarun Tejpal today.

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Why NRIs should use the MF route to investments

One common feature in the life of NRIs is that they are time-poor. They earn well, but they do not have sufficient time to make informed decisions on matters concerning their finances. They need support and advice on how to manage the amounts of money that they earn through their hard work. Quite a large number of them remit money to their hometown, to their banks, and place them as fixed deposits. But the money deserves to earn more.Being time-poor requires them to seek help from qualified and experienced professionals. Apart from the lack of sufficient time, yet another hurdle for them is the limitations set by lack of information and advice to make proper decisions on finances; there is a lack of awareness about markets, products, and plans. This is a natural consequence of the fact that many of them tend to be specialized in entirely different fields, they may be doctors, engineers, chefs, travel agents, healthcare workers, etc. Therefore, they will know much less about finances than what persons from banking and financial services would know. Hence, there is a need for personalized advice and guidance. Again, if you look at the market as a whole, there are several products and schemes all of which may appear to be worth investing in but may not be suitable for the particular investor. The problem is prevalent whether it is the fixed income products or the bond market, and equity products. In the equity market alone, there are thousands of listed companies whose shares are quoted, and so many in the unlisted space too. There are mutual fund schemes, large-cap funds, mid-cap funds, thematic funds, etc. There are private equity and alternate investment funds. How do we scan through this jungle and pick up the herbs that we need?The best thing to do is to look at managed funds. These are funds that are managed by professional fund managers both in the mutual fund space and portfolio management services. When you subscribe to a managed fund you are handing over your investment to them based on certain laid down parameters including the type of instruments in which the investment is made, how much is charged by way of fees etc. This provides transparency in the dealings and also sets the expectations from the investments. Mutual funds are an ideal vehicle for investors because of several reasons. They offer well-diversified portfolios. As an individual investor, you may be buying a few hundred shares of a particular company, and you are exposed to the price variations that happen in that company. This carries a higher risk. Second, you have purchased the shares of a company you are not well aware of, and you do not have the wherewithal to track the developments in the company.Also Read: Asset allocation can help NRIs avoid the heartburnMutual funds in contrast offer portfolios with a larger number of scripts, twenty, thirty or even sixty scripts. Therefore, the portfolio is well-diversified, and you do not need to worry about the movements in any particular script. There may be gains in some shares which will more than outdo the losses in another few. Therefore, you carry much less risk. At the same time, information is available on a daily basis on where you stand in terms of your investment. This is possible due to the net asset value which all mutual fund schemes publish on a daily basis. The difference between the net asset values for two days reflects the gains or losses that you have made on an investment. This also lends greater transparency to what is happening to the portfolio. You can also get the list of holdings in the portfolio every month. Mutual funds are well regulated by SEBI at different levels even including the types of schemes they launch from time to time. Mutual funds afford you a lot of convenience and ease as far as your investments are concerned. Yet another thing to be borne in mind is that the range of choice presented by a mutual fund is quite exhaustive. They give you opportunities to invest in large-cap stocks or blue-chip stocks, as much as they would offer you -mid-cap stocks, which are smaller companies than large caps but having good growth prospects. They also offer thematic and sectoral funds to those who wish to invest in banking or technology or climate change or infrastructure etc. Most of the mutual funds offer international investing facility through international or global funds. They also have emerging market funds and China Fund etc. So, the range of choice is pretty wide. All that you need for your investment portfolio is available from the mutual fund stable. Also Read: Here's a step by step guide for NRIs to retire richOne thing that you need to be careful about is that, while every mutual fund is offering a blue-chip fund, which one fund you should go in for or invest into? There may be one dozen products in the same category but which one to go by. Here you need to weigh the performance of the fund or portfolio over a three-year of five-year period, based on both risk and return-based factors. There are time-tested models like the Enhanced Efficiency Model (EnEf Model) which incorporates both sets of factors that help you select the better funds for you to invest in. This is where an advisor comes in. An experienced advisor with a good track record is an essential ingredient of planned investments. Do not hesitate to talk to an advisor and seek help. But this does not mean that you should use only mutual funds as a vehicle for investments. While this may be the dominant vehicle, there are opportunities provided by well-managed portfolio management schemes, and also some amount of direct equity as well. But mutual funds have a lot to offer if the scheme or fund selection is done scientifically.

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Containers plunge overboard as supply race raises risks

Containers piled high on giant vessels carrying everything from car tires to smartphones are toppling over at an alarming rate, sending millions of dollars of cargo sinking to the bottom of the ocean as pressure to speed deliveries raises the risk of safety errors.The shipping industry is seeing the biggest spike in lost containers in seven years. More than 3,000 boxes dropped into the sea last year, and more than 1,000 have fallen overboard so far in 2021. The accidents are disrupting supply chains for hundreds of U.S. retailers and manufacturers such as Amazon and Tesla.Lost at SeaThere are a host of reasons for the sudden rise in accidents. Weather is getting more unpredictable, while ships are growing bigger, allowing for containers to be stacked higher than ever before. But greatly exacerbating the situation is a surge in e-commerce after consumer demand exploded during the pandemic, increasing the urgency for shipping lines to deliver products as quickly as possible.“The increased movement of containers means that these very large containerships are much closer to full capacity than in the past,” said Clive Reed, founder of Reed Marine Maritime Casualty Management Consultancy. “There is commercial pressure on the ships to arrive on time and consequently make more voyages.”After gale-force winds and large waves buffeted the 364-meter One Apus in November, causing the loss of more than 1,800 containers, footage showed thousands of steel boxes strewn like Lego pieces onboard, some torn to metal shreds. The incident was the worst since 2013, when the MOL Comfort broke in two and sank with its entire cargo of 4,293 containers into the Indian Ocean.In January, the Maersk Essen lost about 750 boxes while sailing from Xiamen, China, to Los Angeles. A month later, 260 containers fell off the Maersk Eindhoven when it lost power in heavy seas.The need for speed is creating precarious conditions that can quickly bring disaster, according to shipping experts. The dangers range from stevedores incorrectly locking boxes on top of one another to captains not deviating from a storm to save on fuel and time as they face pressure from charterers, they said. One wrong move can put cargoes and crew at risk.The chances for mishaps are increasing as exhausted seafarers face deteriorating conditions during the pandemic. Allianz Global Corporate & Specialty estimates that human error contributes to at least three-quarters of shipping industry accidents and fatalities. Almost all the recent incidents have occurred in the Pacific Ocean, a region where the busiest traffic and the worst weather collide. The sea route connecting Asia’s economies to consumers in North America was the most lucrative for shipping companies last year. China’s exports have gone on a tear as the pandemic fuels demand for all the stuff people need to work, learn and entertain from home.The journey has always been rough, but it’s become more perilous due to changing weather patterns. The rise in traffic from China to the U.S. this past winter coincided with the strongest winds over the Northern Pacific since 1948, increasing the likelihood of rougher seas and bigger waves, said Todd Crawford, chief meteorologist at The Weather Company.82268467With 226 million container boxes shipped each year, the loss of 1,000 or more can seem like -- well -- a drop in the ocean. “That’s a very small percentage lost,” said Jacob Damgaard, associate director of loss prevention at Britannia P&I at a conference in Singapore on April 23. “But it’s almost 60% of the monetary value of all container incidents.” At an average of $50,000 per box, the One Apus was estimated to have lost $90 million in cargo alone, the highest in recent history, according to Jai Sharma, a partner at maritime law firm Clyde & Co. in London. Losses so far this year have totaled an estimated $54.5 million, Bloomberg data show. The issue is also gaining attention as last month’s grounding of the 400-meter vessel Ever Given in the Suez Canal threw a spotlight on the vulnerability of the shipping industry. The mega ship blocked traffic through the vital waterway for nearly a week, and the impact on global trade is still being felt.So far, none of the recent container accidents has been directly attributed to safety lapses. The International Maritime Organization said it is still awaiting results of investigations into the latest incidents, and cautioned about making any conclusions before that. But many experts say the situation has grown more dangerous because of pressure on supply chains since the pandemic. When ships approach heavy weather, captains have the option to steer away from the danger. But the attitude is “don’t go around the storm, go through,” said Jonathan Ranger, head of marine Asia Pacific at American International Group Inc.“When you combine that with potentially poor maintenance of twistlocks and cabling required to secure these boxes, then it’s an accident waiting to happen,” he said at the industry conference in Singapore.Top HeavyWith boxes stacked ever higher, a ship can become more unstable in a storm -- wave after wave can cause the vessel to roll at steep angles, putting strain on the securing of containers. The situation becomes even worse if the stack is top-heavy. That can happen when there’s incorrect weightings on the bills of lading for containers, which many in the industry say happens too often.“You cannot see inside the containers,” said Arnaldo B. Romero, a captain who sailed from Japan to South America late last year. “So when the cargo is heavy and the officer in charge of cargo planning puts it high up, during the rolling of the ship, we may not have control anymore.”Overworked crews also heighten the risks. Reduced manpower onboard with an increased number of containers on deck make it increasingly difficult for crews to check every single bar and screw effectively, said Neil Wiggins, managing director of Independent Vessel Operations Services Ltd.There’s also the health and safety of the seafarers at stake. The toppling of multiple tiers of 40-foot containers during a raging storm is one of the most terrifying experiences for a captain and crew. Post-traumatic stress disorder among crew members is common, according to Philip Eastell, founder of Container Shipping Supporting Seafarers.Concern is growing for the industry to address the situation. “Traffic on the seas is different from what it was 10 years ago,” said Rajesh Unni, founder of Synergy Marine Group, which provides services to ship owners. “How do we adapt as an industry? It’s convenient to blame the captain, but we need to look at how the port infrastructure needs to change, how ships transit.”The IMO, which is the United Nations’ agency responsible for shipping regulations, says countries whose flags the ships are sailing under are responsible for issuing safety certificates for vessels, while ports that the vessels call at are responsible for ensuring rules on loading containers are followed.AIG’s Ranger says companies should be prepared to go around storms and maintain vessels properly. “These vessels are designed to carry the boxes, and to have these losses is -- dare I say it -- unacceptable.”

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Oxygen Express with 70 tonnes of O2 reaches Delhi

The first Oxygen Express train for Delhi carrying around 70 tonnes of the life-saving gas reached the national capital early Tuesday morning, officials said.This oxygen will now be disbursed by the Delhi government to various hospitals, they said."#OxygenExpress has reached Delhi from Raigarh, Chhattisgarh with Oxygen for patients in the capital. Indian Railways is leaving no stone unturned in our collective fight against COVID-19, & ensuring sufficient availability of life-saving resources across the country," tweeted Railway Minister Piyush Goyal.#OxygenExpress has reached Delhi from Raigarh, Chhattisgarh with Oxygen for patients in the capital. Indian Railw… https://t.co/iE3gqSWp0s— Piyush Goyal (@PiyushGoyal) 1619488614000Earlier, the railways had said that it has chalked out plans to transport medical oxygen from Angul, Kalingnagar, Rourkela and Raigarh to Delhi and NCR region, however, there is no information on the second train to the capital city.Delhi recorded the highest single-day rise in its COVID-19 death toll with 380 more people succumbing to the infection on Monday, while the positivity rate stood at over 35 per cent, according to the bulletin issued by the city health department.

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India explores battlefield oxygen generators from US

What is the background to the request?After India reached out for help to friends and allies, US National Security Advisor Jake Sullivan held a meeting, which was attended by the head of Homeland Services, Department of Defence and other key representatives. Given the critical requirement in India, the possibility of airlifting portable oxygen generators used by the US military was discussed in detail.Why does the US have this equipment?Since the US Military is an expeditionary force, it has a range of medical equipment to help it rapidly set up field hospitals for its troops. This includes the ability to establish hospitals with ICUs in forwarding areas without any external logistics. The US has also invested heavily in developing oxygen generators that are needed for frontline troops deployed away from medical facilities. Given the impracticality of carrying oxygen cylinders, the generators have been developed for quick deployment to field areas and are easily transportable by air, land and sea. The closest location to India that has such equipment is Afghanistan and Bahrain.What are the concerns?Discussions are on to bring these systems for emergency use and India can technically activate the logistics Exchange Memorandum of Agreement(LEMOA)for this. Besides the availability of spare capacity, these systems will need to be set up and operated by the US Forces in India. That would mean the presence of US Military personnel at locations where the units are needed. While the US military personnel routinely assist and train Indian soldiers during exercises when new military equipment is inducted, they haven’t been deployed in India in the recent past for any such medical emergency.How does the system work?The US Military uses two types of oxygen generators for its frontline troops. The larger system is called Expeditionary Deployable Oxygen Concentration System (EDOCS) 120B that can support up to 40 patients simultaneously and just needs an external power supply. Just five such systems would be sufficient to immediately create a 200-bed hospital with a constant oxygen supply.Another system in use is the battlefield portable oxygen generator that can supply 3-5 litres of oxygen to a patient every minute. Thousands of such generators have been acquired by the US Military for frontline troops and for casualty transport. These portable generators never run out of supply as they directly concentrate oxygen from air to the patient.

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Breaking News LIVE: तरुण तेजपाल के खिलाफ दर्ज दुष्कर्म के मामले पर आज आएगा फैसला

तहलका के पूर्व प्रधान संपादक तरुण तेजपाल के खिलाफ लगे दुष्कर्म के आरोप पर गोवा की एक सत्र अदालत आज अपना फैसला सुनाएगी। 

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Covid Care Centre In 5-Star Hotel For Delhi High Court Judges, Officers

A five-star hotel has been selected as the COVID-19 care centre for judges and judicial officers of the Delhi High Court and their families.

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US Says "Working Nonstop" To Deliver Supplies To India For Covid Fight

The Joe Biden Administration in the US is working nonstop to do all it can to deliver on an urgent basis the supplies most needed by India to combat the deadly COVID-19 wave, the US State Department...

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Vaccine free for 18+ in Karnataka govt hospitals

Karnataka will provide free Covid-19 vaccines in its government health centres to all those above 18 years. But with Karnataka imposing a 14-day lockdown, it could not be ascertained whether the vaccination drive for those above 18 years will start on May 1 as announced by the Centre or it will be postponed. There are concerns about how people would travel to vaccination centres since movement of any kind, except for essential services, is banned. Health minister K Sudhakar said, “I urge everyone to start registering on CoWIN from April 28. We may give a new date or may allow movement of people for vaccination considering it as an essential.” But he also hinted at a possible delay since the government has yet to place a procurement order with the Serum Institute of India.

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US lawmakers campaign for sending supplies to India

Cutting across ideological lines, influential American lawmakers have come out in support of India, urging the Biden Administration to urgently provide all possible help to the country in its fight against COVID-19. Describing India as one of the closest allies and foremost strategic partners, Congressman Adam Schiff, Chair of House Permanent Select Committee on Intelligence, said when the COVID-19 pandemic pushed American hospitals to the brink of collapse, India came to America's immediate aid and supported it through this crisis. "Now, as America continues on a cautiously steady path to recovery, India is facing the worst COVID-19 surge anywhere in the world, with hundreds of thousands of daily new cases, and thousands dying while waiting for access to life-saving care," Schiff said. "This is a humanitarian crisis and an international emergency, and I'm grateful that the Biden Administration has elected to supply the raw materials, therapeutics, test kits, ventilators, and protective gear that India needs to get this unprecedented surge under control," he said. "To beat COVID-19 at home, we must curb its spread abroad before it mutates and causes yet another painful surge on our shores. Helping India - as well as our allies and neighbours across the globe - is a moral imperative, and this kind of international cooperation is critical to ending this crisis," Schiff said. Senator Dick Durbin said the announcement of US donations of key medical supplies to countries in need like India are the right decisions for everyone involved. "This is a global pandemic - we all need to work together to overcome this virus," he said. Senator Scott Peters said that the United States Senate stands with the people of India as they face a devastating COVID-19 surge. "My heart breaks over the tragedy unfolding in India, including the thousands of lives lost per day to the COVID-19 virus," Indian-American Congressman Ami Bera said, adding that over the past several days, he has spoken with US Administration officials regarding the outbreak in India and the steps the US is taking to provide assistance. "I applaud the Biden Administration for its decision to send urgently needed resources to help the Indian people, including raw materials necessary for vaccine development, personal protective equipment (PPE), rapid diagnostic testing, and oxygen-related supplies," he said. Bera, the longest serving Indian-American Member of Congress said that he will continue to work with the Biden Administration and his colleagues in the US Congress to ensure the assistance reaches the people of India and impacted communities around the world. "COVID-19 is a global virus that requires global cooperation, driven by American ingenuity and leadership. We have an important role to play in ensuring the virus is defeated not only in the US, but around the world," Bera said. Congresswoman Jennifer Wexton said the Biden-Harris administration was making available supplies for vaccines, tests, PPE and ventilators to aid India in this time of crisis. Speaking to media, Indian-American Congressman Raja Krishnamoorthi said that almost 730 different mutations and variants have now arisen in India. "It only takes one of them to overpower the vaccines that we have here in the United States," he said.

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India looks into changing the rules for vaccine flow

India could consider amending its proposal on a temporary waiver in global intellectual property agreements, to ensure uninterrupted flow of vaccines amid the ongoing pandemic, to get the US, the EU, the UK, Switzerland, Japan and Australia that are opposing it, on board. A final decision on the amendment is expected soon, government officials said.The joint proposal by India and South Africa calls for a waiver for all World Trade Organization (WTO) members of certain provisions of copyrights, industrial designs, patents and protection of undisclosed information in the Trade Related Intellectual Property Rights (TRIPS) Agreement for prevention, containment or treatment of Covid-19. Made in October last year, the proposal has the support of almost a hundred countries now. However, it has not moved forward to text-based negotiations as the US, the EU, the UK, Switzerland, Japan and Australia, among others have opposed it.Officials said consultations are on with the 100-odd co-sponsors of the proposal before any decision is taken. “We have to consult every co-sponsor because they supported the first draft. We are already in touch with the co-sponsors on the issue of a revised text,” said an official.82263943The proposal seeks to avoid barriers to the timely access to affordable medical products including vaccines and medicines or to scaling-up of research, development, manufacturing and supply of essential medical products.As per the official, there is a feeling that some counties are not willing to engage because the proposal looks broad and sweeping and that its tweaking will help them bring them to the negotiating table.“However, there is another thought that revisions usually happen after negotiations begin and it may not be a good idea to do so now,” the official said.India has said that the world needs around 10 billion doses of vaccines annually and the existing approach of voluntary licenses could deliver only 4% of the projected output in 2020, that is 31 million doses.“Could members who claim that voluntary licenses are working explain how and from where the current requirements will be met,” India asked the WTO members last week at a meeting at the organisation.As per a Geneva-based official, developed countries have suggested facilitating the use of compulsory licensing legislation, barriers to which have been one of the main complaints of developing and least-developed members and the possibility of exploring ways to ensure that compulsory licensing procedures are streamlined for exporting members, and that the product labelling and packaging rules do not create unnecessary hurdles.

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SpiceJet’s Ajay Singh seeks relaxation of AI bidding rules

SpiceJet chairman Ajay Singh has sought a relaxation of bidding rules for national carrier Air India, including a waiver of the ‘clean-team’ protocol and an extension of deadline for submission of a financial bid, according to people in the know.Singh, who is bidding for Air India in his individual capacity, is currently prohibited from accessing the virtual data room or VDR that has been set up for bidders to carry out due diligence on the airline because he has an executive role at SpiceJet, as per informed sources.According to the ‘clean-team’ protocol that has been prescribed for bidders, executives at rival airlines who wish to bid for Air India and currently hold operational responsibilities in their organisations are disallowed from accessing the VDR, which contains sensitive internal documents of Air India such as its commercial arrangements with third parties and financial and operational forecasts.Singh has sought a relaxation on the grounds that he is bidding for the airline in his individual capacity and as the leader of a consortium he would be at a commercial disadvantage if he were not allowed to access the VDR documents.The SpiceJet owner has also sought an extension of the deadline for submission of financial bids. He has sought 12 weeks from the time of the release of the request for proposal or RFP. The RFP was released on April 30 to prospective bidders.Among reasons he has cited for seeking an extension are incomplete documentation in the VDR and the second Covid wave, which has restricted the movement of resources who were deployed for carrying out due diligence on the airline, according to informed sources.

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