India’s rising vaccination rate drives positive outlook for the corporate sector: Moody’s

Moody’s Investors Service said Thursday that India’s high vaccination rate, low interest rates and higher public spending are driving the positive outlook for the corporate sector. Moody’s expects India’s economic growth to rebound strongly, with GDP expanding by 9.3 percent in the current fiscal year ending March 2022, followed by 7.9 percent in fiscal 2023. … Read more

South Africa detects new COVID-19 variant

South African scientists have discovered a new type of COVID-19 in small numbers, the National Institute of Infectious Diseases (NICD) said Thursday, and are working to understand its potential repercussions. The NICD said in a statement that 22 cases of the B.1.1.529 variant were recorded after genetic sequencing. “Although the data is limited, our experts … Read more

France likely to begin Covid-19 booster shots for all adults

France is expected to announce enhanced COVID-19 shots for all adults as well as stricter rules on wearing face masks and stricter checks for health cards to curb a new wave of infections, French media reported. Health Minister Olivier Veran is scheduled to hold a press conference at noon on Thursday. On Wednesday, President Emmanuel … Read more

Russian President Putin took part in trials of nasal form of COVID-19 vaccine

Russian President Putin participated in trials of the nasal form of the COVID-19 vaccine Putin was revaccinated against the coronavirus on Sunday with the Russian Sputnik Lite bullet. Russian President Putin participated in trials of the nasal form of the COVID-19 vaccine (Image: Reuters) .

Third wave of Covid-19 expected in December: Maharashtra Health Minister

Maharashtra Health Minister Rajesh Tope said the third wave of the coronavirus pandemic is expected in December but it will be mild in impact. Speaking to a news channel, he said that medical oxygen and intensive care beds would not be required during the third wave period. “It is expected that the third wave will … Read more

Covid-19: India registers 7,579 new Covid-19 cases; lowest in 543 days

India recorded 7,579 new coronavirus infections, the lowest in 543 days, bringing the total number of COVID-19 cases in the country to 3,45,26,480, while active cases were the lowest in 536 days, according to health ministry data. Federal updated on Tuesday. The death toll rose to 466,147 with 236 new deaths, according to data updated … Read more

Covid-19: India may have hit a ‘sweet spot’, but the pandemic is far from over

India may have reached a “good point” in the epidemic curve, with daily cases below the 10,000 mark, accompanied by the opening up of economic, social and academic activities. But observers cautioned that the pandemic is not yet over, pointing to facts on the ground and increasing cases elsewhere in the world. India reported 8,488 … Read more