Page 1658 - Coronavirus

MARKET WRAP: Sensex slips 129 pts, Nifty ends at 11,073; RIL declines 2%

All that happened in the markets today

Fauci to tell House panel 'unclear' how long Covid-19 pandemic lasts

There's no end in sight to the coronavirus pandemic, Dr Anthony Fauci and other top government health experts will tell Congress on Friday. While it remains unclear how long the pandemic will last, COVID-19 activity will likely continue for some time, Fauci, along with Centers for Disease Control and Prevention head Dr. Robert Redfield and Health and Human Services testing czar Adm. Brett Giroir say in prepared testimony for a special House panel investigating the pandemic. At a time when early progress seems to have been lost and uncertainty clouds the nation's path forward, Fauci, the government's top infectious disease expert, is calling on lawmakers and all other Americans to go back to public health basics such as social distancing and wearing masks. The panel, the House Select Subcommittee on the Coronavirus Crisis, is divided about how to reopen schools and businesses, mirroring divisions among Americans. A rebound of cases across the South and the West has dashed hopes fo

SC refuses to pass interim order on pleas for stay of final year exams

The UGC told the top court that nobody should remain under the impression that since the Supreme Court is examining this issue, the final year /semester examination will be stayed

JSW Energy terminates Rs 5,321-cr deal to acquire GMR Kamalanga Energy

In May, the sale of GMR Energy's entire stake in GMR Kamalanga Energy to JSW Energy was put on hold due to Covid-19 outbreak

Dutch KLM group to cut 4,500-5,000 jobs due to coronavirus pandemic

Dutch carrier KLM said Friday it will cut between 4,500 and 5,000 jobs because of the coronavirus crisis. The company said in a statement that in addition to 1,500 job losses, some 1,500 temporary contracts won't be renewed and 2,000 jobs will be suppressed via a voluntary departure scheme. The group also expects natural attrition through retirement" to help cut an extra 500 jobs. KLM said it does not expect demand to fully recover before 2023 or 2024 and said further staff reductions are possible given the high level of uncertainty." Earlier this month, the European Commission approved a bailout package of 3.4 billion euros ($4 billion) in loans offered by the Dutch government to help the company navigate the crisis.

Covid-19: UK announces stricter lockdown rules for England ahead of Eid

Millions of households in north Englan, face stricter lockdown rules than the rest of the UK from Friday amidst a feared spike and second wave of Covid-19 cases

Coronavirus provides opportunity for a new imagination: Rahul Gandhi

Rahul Gandhi was speaking to Bangladesh Grameen Bank founder Muhammad Yunus

Pay doctors on time, don't treat quarantine period as leave: SC to govt

The court directed the Centre to issue necessary directions for releasing salaries of doctors and frontline healthcare workers engaged in Covid-19 duty on time

Covid-19 impact on GDP to be felt for years in advanced economies: Fitch

Huge uncertainties surround the economic outlook in aftermath of the massive shock in H1 2020

Covid updates: Nearly 55k new cases in India; worst quarter for US economy

The US economy saw its sharpest ever contraction since the second world war, reporting an annual plunge of 32.9 per cent in the June quarter, which is when the viral outbreak shut down businesses

Chinese-backed hackers targeted US Covid-19 vaccine firm Moderna: Report

Moderna's vaccine candidate is one of the earliest and biggest bets by the Trump administration to fight the pandemic.

Coronavirus vaccine update: Chinese-backed hackers targeted Moderna

Russia plans to register a coronavirus vaccine by August 10-12, to become the world's first country to get official approval of Covid vaccine. Catch latest coronavirus vaccine updates here

Hospitals struggle to get healthcare workers as Covid-19 cases spike

During the early weeks of the outbreak in India in March and April, a combination of caution and fear pushed many healthcare professionals to return home

India logs biggest daily rise of 55,078 Covid-19 cases, tally tops 1.6 mn

This is the second consecutive day that Covid-19 cases have increased by more than 50,000

Gilead raises sales outlook to include Covid-19 treatment remdesivir

Gilead said it expects total 2020 sales of $23 billion to $25 billion, up from its previous range of $21.8 billion to $22.2 billion

Over 60% of Tokyo Olympics volunteers worried about Covid-19 impact: Survey

More than 60% of the volunteers for the 2020 Tokyo Olympics and Paralympics are "worried or anxious" about the impact of the coronavirus pandemic on the Games

In pics: Movies, gyms to gatherings, things you can & can't do in Unlock 3

The guidelines will come into effect from August 1, 2020

Restaurants to retailers: Who gains, who loses as India starts Unlock 3.0

While restaurateurs and gym owners are enthusiastic, retailers expect little respite

Delhi Covid update: Weekly bazaars allowed with precautions on trial basis

The Delhi government has allowed weekly bazaars to function on a trial basis for a week while maintaining social distancing and all necessary precautionary measures in view of Covid-19

Karnataka Wakf board permits 'namaz' in mosques on Eid on Eid-ul-Azha

Karnataka Wakf Board has permitted the devout to offer 'namaz' inside mosques on the occasion of Eid-ul-Azha (Bakrid) on Saturday under the Covid-19 induced guidelines