Covid 19 Second Wave

The study was published in ‘The Lancet Infectious Diseases’ journal and it included a comparison between 2,379 cases of confirmed SARS-CoV-2 infection and 1,981 controls. The vaccine’s effectiveness against SARS-CoV-2 infection in fully vaccinated individuals was found to be 63 percent.

Govt withdraws COVID-linked expenditure restrictions

The June 30 guidelines regarding regulating the overall expenditure within 20 per cent of the Budget Estimate (BE) in the second quarter (July-September, 2021) have been reviewed, according to the office memorandum.

HDFC Bank’s earnings growth moderates in Q1 — Is the golden era over?

A marginal blip, but bank well poised to leap forward

Second COVID-19 wave not over yet: MHA cautions states against ‘blatant violation’ of coronavirus norms

The increase in 'R factor' in some of the states is a "matter of concern", the Home Ministry stated in its advisory on coronavirus restrictions.

Maharashtra govt passes resolution to reopen schools for Classes 8-12 in 'COVID-19-free gram panchayats'

The permission to reopen the schools passedin COVID-19-free gram panchayats comes amid the dwindling caseload in most parts of the state.

Delhi Unlock | Gyms to reopen with 50% capacity from June 28, wedding ceremonies permitted with 50 guests

Gyms and banquet halls in Delhi have remained shut since April 19, when the national capital came under the grip of a raging second wave of the pandemic.

Tamil Nadu extends lockdown until June 28, widens relaxations: Check details

In Chennai and three other districts placed under tier-3, private and government offices can resume operation.

In the wake of India’s COVID crisis, a ‘Black Fungus’ epidemic follows

Even before the pandemic, India recorded about 50 mucormycosis cases a year, compared with, on average, a single case every two years in the United States and Western Europe.

Telangana lifts lockdown, decision taken after reviewing COVID situation, says CMO

The number of coronavirus cases in Telangana, along with positivity rate, has dropped significantly and the "situation has come under control", the Chief Minister's Office said. All restrictions, including night curfews, have been completely lifted, it added.

Haryana relaxes COVID-19 curbs, extends timings of restaurants and shops, ends odd-even system

Shops, with effect from June 14, would be allowed to operate daily from 9 am to 8 pm, the order stated. Malls would also be allowed to remain open till 8 pm.

Supreme Court rejects plea seeking loan moratorium, interest waiver from Centre

The apex court struck down the plea stating the reliefs sought by the petitioners are in the realm of policymaking and "we are not experts on matters of finance".

COVID-19 second wave | Most children requiring hospitalisation had co-morbidities, low immunity: AIIMS Director Randeep Guleria

The AIIMS Director said: “According to the second wave data, out of all the children admitted to hospitals with COVID-19, 60-70 percent had co-morbidities or low immunity; some were even on chemotherapy."

PM Modi announces free vaccination for all aged above 18

Announcing a major departure from the current vaccination policy, the prime minister said that the state-level procurement of vaccines would now be taken over by the Centre.

GST collection for May at Rs 1.02 lakh crore, 27.6% lower month-on-month

The May GST collections saw a 27.6 per cent drop from record sum of Rs 1.41 lakh crore in April, which was the highest monthly collection since the introduction of the nationwide tax.

IMA says 646 doctors die in COVID-19 second wave, highest in Delhi

Maharashtra, the worst-affected state due to the second wave in terms of official caseload, recorded the death of 23 doctors, the medical body said.

Maharashtra lockdown extended till June 15, some relaxations in districts with low caseload: Uddhav Thackeray

On a potential third wave of the pandemic, Uddhav Thackeray said it cannot be predicted when it will come. "We need to ensure that even if there is a third wave, economy should keep moving," he added.

Market volatility to be more intense than normal for 1-2 years: Kalpen Parekh of DSP Investment Managers

Last year, what helped corporate profitability was significant reduction in expenses. Travel-costs, office costs, rental costs came down significantly. So, profitability improved because margins improved. "If this trend continues, we should see more stability in stock prices," says the President at DSP Investment Managers.

India world's third country to cross three lakh COVID-19 deaths

The country's cumulative death count was below two lakh before the onset of the second wave of the pandemic.

PM Modi gets emotional, chokes up as he condoles loss of lives due to COVID-19

The effect of the pandemic has been so vast that despite all efforts, numerous lives were lost, the prime minister said in a voice choked with emotion.

Moody's assigns first-time B3 ratings to OYO, outlook stable

The rating incorporates Moody's expectation that OYO will continue to incur losses over the next 2-3 years and that its path to profitability remains uncertain in light of travel restrictions due to the pandemic.

Centre extends deadline for submission of several tax compliances amid COVID-19 surge

To help ease the hardship being faced by several stakeholders due to the current COVID-19 crisis in the country in the wake of the second wave of the pandemic, the Government of India on May 20 extended the timelines for certain compliances.

COVID-19 | Initiatives announced by state govts for children who lost both parents to pandemic

As hundreds of children across the country are faced with the twin crisis of loss of parents and lack of resources, many state governments stepped in to announce free aid for kids.

Biggest toll of COVID-19 second wave is in terms of 'demand shock': RBI

The resurgence of COVID-19 has "dented but not debilitated" economic activity in the first half of first quarter of financial year 2021-22, the Reserve Bank said.

Congress MP Adhir Chowdhury writes to PM Modi, seeks 'Rs 6,000 per month for poor' in states under lockdown

Chowdhury further stated that Congress president Sonia Gandhi has suggested that the Centre should "provide free food grains to the needy" along with Rs 6,000 per month to all unemployed persons.

Punjab CM announces 'Corona Mukt Pind Abhiyaan' to tackle COVID-19 spread in villages

Punjab Chief Minister Captain Amarinder Singh, while announcing the scheme, said that there is a "need to avoid the kind of situation that was prevailing in the villages of Uttar Pradesh".