The repeated argument that India witnessed a K-shaped recovery post-pandemic is "flawed, prejudiced, and ill-concocted", said a research report by SBI on Monday. According to the report, post-pandemic, households are reconfiguring their savings towards physical assets, including real estate, it said. "The oft-repeated conundrum debating a K-shaped recovery post-pandemic seems at best flawed, prejudiced, ill-concocted and fanning interests of select quarters to whom India's remarkable ascendance, signalling more the renaissance of the new global south, is quite unpalatable," the report said. K-shaped recovery reflects uneven recovery where certain sectors of the economy thrives while other sectors continue to decline or struggle to recover. It further said post-pandemic, there has been two-way shift between savings channelised into physical assets from financial assets in consonance with the global trend to take advantage of lower interest rates. However, it said, recent data shows
The national capital has so far reported 24 cases of COVID-19 sub-variant JN.1, including three patients who were from outside Delhi, with all of them recovering from the infection, officials said on Monday. There is nothing to worry about as the patients had mild symptoms, they said. "The first patient of JN.1 sub-variant had got admitted to a hospital since she was stressed but recovered within a few days. The remaining patients have also recovered. Three of the patients who are from outside Delhi were detected with Covid during pre-operative screening. What we have learnt so far is that majority of the patients have recovered in home isolation," said an official. Delhi had reported its first case of COVID-19 sub-variant JN.1 in December last year. The official asserted that there are hardly any symptoms and the patients are recovering within two to three days. Till last week, there were 16 cases of JN.1 variant in Delhi. According to the recent reports of genome sequencing ...
The tribunal outlined specific directives that entail a refund of Rs 500 crore from AAI and a waiver of Rs 1,800 crore payment to the authority
The number of people who have recovered from the disease has gone up to 44,481,341, an increase of 648 since Sunday morning
The prevalence of JN.1 is low in the Eastern region
India has recorded 756 new cases of Covid, while the number of active cases of the infection stood at 4,049, the health ministry said on Sunday. Five deaths -- two each from Kerala and Maharashtra and one from Jammu and Kashmir -- have been reported in a span of 24 hours, according to the ministry's data updated at 8 am. The number of daily cases had dropped to double-digits till December 5, 2023 but cases began to again increase after emergence of a new variant and cold weather conditions. After December 5, a maximum increase in single day cases was reported on December 31, 2023 when 841 cases were reported, official sources said. Of the total active cases, a large majority of these (around 92 per cent) are recovering under home isolation. "The currently available data suggests that the JN.1 variant is neither leading to an exponential rise in the new cases nor a surge in hospitalisation and mortality," the sources stated. India has witnessed three waves of COVID-19 in the past
India has recorded a single-day rise of 774 COVID-19 cases while the number of active cases stands at 4,187, the Union health ministry said on Saturday. Two deaths -- one each from Tamil Nadu and Gujarat -- were reported in a span of 24 hours, according to the ministry's data updated at 8 am. The number of daily cases was in double digits till December 5 but it began to rise again amid cold weather conditions and after the emergence of a new COVID-19 variant, JN.1 After December 5, the highest single-day rise of 841 cases was reported on December 31, 2023, which was 0.2 per cent of the peak cases reported in May 2021, official sources said. Of the 4,187 active cases, the majority (over 92 per cent) are recovering under home isolation. An official source said, "The currently available data suggests that the JN.1 variant is neither leading to an exponential rise in the new cases nor a surge in the hospitalisation and mortality." India has witnessed three waves of COVID-19 in the pa
Doctors in Singapore believe the latest COVID-19 wave has peaked in the country, even as some clinics still face higher than usual patient loads, and doctors are watching out for possible surges in the coming months. The doctors are seeing cases stabilise, down by around 20 per cent from December, according to a Channel News Asia report on Friday. However, clinics are already planning for more man power and medication supplies in anticipation of another surge in the months ahead. Healthway Medical, for instance, now sees an average of 50 to 60 patients come in daily with respiratory infections across its 57 clinics, the report said. COVID-19 and influenza cases make up the bulk of them. This is around 10 per cent higher than regular patient loads but a slight drop from the peak around Christmas. The peak of all the upper respiratory tract infection cases has plateaued. Majority of people have already returned from travelling, CNA quoted head of primary care at Healthway Medical Gr
The country has recorded 72 deaths across twelve states and union territories due to the Covid-19 infection since December 17, with Kerala reporting the most deaths at 33
An artificial intelligence (AI) model can predict which variants of the Covid-causing SARS-CoV-2 virus will likely bring about fresh waves of the infection, a new research has found. The model can detect around 73 per cent of the variants in each country that will cause at least 1,000 cases per 10 lakh people in the three months, following an observation period of one week, and over 80 per cent after two weeks, researchers said. The team from Massachusetts Institute of Technology, US, and The Hebrew University-Hadassah Medical School, Israel, analysed 9 SARS-CoV-2 million genetic sequences across 30 countries, collected by the Global Initiative on Sharing Avian Influenza Data (GISAID). This was combined with data on vaccination rates, infection rates, and other factors. The initiative "promotes the rapid sharing of data from priority pathogens including influenza, hCoV-19, respiratory syncytial virus (RSV), hMpxV as well as arboviruses including chikungunya, dengue and zika," ...
"Chief Minister Eknath Shinde and we all are taking stock of the situation", Pawar further said
India has recorded 761 fresh cases of Covid-19, while the number of active cases stands at 4,334, Union health ministry data showed on Friday
Maharashtra on Thursday recorded 171 COVID-19 cases and two deaths, a health department official said. The deaths took place in Solapur and Kolhapur, while Mumbai reported 32 cases, followed by 16 each in Thane city and Navi Mumbai, the health department's bulletin informed. There are 914 active cases in the state, while the tally of those caused by the JN.1 variant stands at 110, it said. Maharashtra's recovery rate is 98.17 per cent.
The two cases were detected in Sundargarh and Bhubaneswar, Director of Health Services Bijay Kumar Mohapatra said, adding that the health conditions of both patients are stable
It added that for the year ahead it would continue to promote a "significant" increase in direct flights between China and the United States from 63 flights presently
Covid-19 cases: Two deaths were reported in the past 24 hours. While active cases stood at 4,423, Karnataka reported the highest JN.1 variant cases at 199
Five deaths were reported due to Covid-19 in the past 24 hours. The uptick in the cases has been attributed to the emergence of the new 'JN. 1 variant' and cold weather conditions
These cases have been found across ten states and union territories, with Kerala reporting the maximum cases at 147. Goa (51 cases) and Gujarat (34 cases) followed Kerala
A total of 312 cases of COVID-19 sub-variant JN.1 have been detected in the country so far, with about 47 per cent of them recorded in Kerala, according to the INSACOG's data updated on Tuesday. Ten states and Union territories have so far detected the presence of the JN.1 sub-variant of the virus. These states are Kerala (147), Goa (51), Gujarat (34), Maharashtra (26), Tamil Nadu (22), Delhi (16), Karnataka (eight), Rajasthan (five), Telangana (two) and Odisha (one), according to the Indian SARS-CoV-2 Genomics Consortium (INSACOG). The INSACOG's data showed 279 Covid cases recorded in the country in December had the presence of JN.1, while 33 such cases were detected in November. The World Health Organisation (WHO) has classified JN.1 as a separate "variant of interest" given its rapidly-increasing spread, but said it poses a "low" global public health risk. The JN.1 sub-variant of the coronavirus was previously classified as a variant of interest (VOI) as part of the BA.2.86 ...
Barring Dr Lal Pathlabs, the other four healthcare related stocks listed below seem to be trapped in a range for now, charts suggest.