Page 36 - Latest Updates on Covid-19

Covid-19 has plunged working world into 'unprecedented crisis': ILO

The outlook for the global labour market in the second half of 2020 is "highly uncertain" and the forecast recovery will not be enough for employment to return to pre-Covid levels this year, ILO said

ADB raises $4 billion via bonds to help nations fight coronavirus

Manila-based lender plans to raise around $30 billion to $35 billion from the capital markets in 2020

Covid-19 vaccine: Over to clinical sites to set a deadline for Covaxin

Sites may end with varying timelines based on site initiation visit by Bharat Biotech

Dairy firms hope for an improvement in margins in September quarter

Overall situation is likely to improve with partial opening up of hotels, restaurants and catering services

Delhi govt directs hospitals to get feedback from Covid-19 survivors

The feedback form will have questions about cleanliness, food, doctors at the hospital, blood group and underlying conditions

India's Covid-19 tally, fatality rate per mn population among lowest: Govt

Referring to the WHO Situation Report-168' dated July 6, the ministry said India's Covid-19 cases per million population is 505.37 as against the global average of 1,453.25

Govt regulations shouldn't become permanent after Covid-19 ends: B20

A report by the B20, which represents private industry across member nations also pushed for less restrictions on exports, migration

ICICI Bank to give 80k employees up to 8% pay hike for work amid Covid-19

The hike of up to 8 per cent is for the fiscal year 2020-21 and applicable from July onwards

Govt should review, defer 2% equalisation levy on e-commerce firms: Report

Concerns surrounding the levy are not just theoretical or one-sided, but the law indeed has a far-reaching impact which necessitates its review, it said

India's Sovereign Pharma dispatches first batch of remdesivir to Cipla

Privately held Sovereign Pharma is manufacturing and packaging Cipla's remdesivir version

Tamil Nadu adds 3,616 new Covid cases, 1,203 from Chennai alone

35,423 persons were tested, and 4,545 discharged. Sixty-five Covid deaths were reported today

Digital lenders stare at dip in disbursals this fiscal due to pandemic

Cost of capital for most lenders has also gone up as fund flows from banks and NBFCs have dried up despite liquidity infusion by RBI; but things are looking up from last month as establishments reopen

With no Aug 15 deadline, Covaxin clinical trial timelines get site-specific

Sites may end with varying timeline based on site initiation visit by Bharat Biotech

Lancet study casts doubt over herd immunity for tackling Covid-19

For herd immunity to work, at least 70 per cent of a population needs to be immune to protect the uninfected people, experts say

Future Generali swims against tide with increments, promotions to staff

It also plans to hire more employees depending on business requirement. So far in the lockdown period, it has recruited 70 across various levels and plans to hire more in the current financial year

World Coronavirus Dispatch: Covid-19 drugs enter the black market

UK virus death toll passes 55,000, Harvard asks most students to study remotely, Melbourne under six-week lockdown and other pandemic-related news across the globe

India coronavirus dispatch: Tapping community involvement to beat Covid-19

Scientists believe airborne transmission risk of Covid is higher, Kolkata is running out of hospital beds, and how long will Covid-19 last? - roundup of news on how India is dealing with the pandemic

Indian palm oil demand dips as food sector, households seek alternatives

The impact of the shuttered food courts and street vendors is compounded by reduced demand at retail stores

Federal Bank focuses on gold loans amid Covid-19 to drive credit demand

The bank is targeting gold loan growth to touch 35 per cent during FY21 as against 29 per cent in FY20

Covid-19 may turn extra Rs 1.67 trn debt into delinquent assets: Ind-Ra

This is over and above Rs 2.54 trillion anticipated prior to onset of pandemic, taking the overall quantum to Rs 4.21 trillion, or 6.63% of total debt