-Livemint.com ICMR advises states not to use the testing kits for the next two days, saying it will issue an advisory after medical teams carry out field validation of the kits NEW DELHI: Test kits for the detection and surveillance of covid-19 cases in India that have apparently been found faulty had been procured by the Indian Council of Medical Research from China from Chinese vendors approved by Chinese authorities, a senior...
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Explained: What explains crude oil prices falling below the $0 mark -Udit Misra
-The Indian Express The first thing to understand is that, even before the Covid-19 induced global lockdown, crude oil prices had been falling over the past few months. US oil markets created history on Monday when prices of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to “minus” $40.32 a barrel in New York. Not only is this the lowest crude oil price ever known —...
More »Despite fishing activities being exempted under lockdown, fisherfolk in Odisha say workforce, logistics, market situation major hurdles in wake of COVID-19 -Basudev Mahapatra
-Firstpost.com Marine fisherfolk of Odisha foresee a miserable life ahead despite fishery activities being exempted from the purviews of the nationwide lockdown in the wake of COVID-19 outbreak, which has been declared a global pandemic by the World Health Organisation (WHO). "Fishermen of the coastal villages are living a miserable life. And, with no opportunities to earn, either from fishing or daily labour, marine fishing community in Odisha is bound to face...
More »How lockdown may rewire class-caste issues for Indian politics -Christophe Jaffrelot & Haider Abbas Rizvi
-The Indian Express The impact of the lockdown may make social issues more prominent again in terms of class, at the expense of caste as well as religious identities and communal tendencies. When interviewed by journalists, several migrant workers badly affected by the COVID-19-related lockdown admitted that they had voted for the BJP in 2019. Indeed, the party attracted poor voters in large numbers during the last Lok Sabha elections, especially among...
More »The US and India have failed the developing world -CP Chandrasekhar & Jayati Ghosh
-The Hindu Business Line By blocking a proposal for the IMF to issue new Special Drawing Rights, the two have denied developing countries much-needed liquidity at a time of extreme economic distress At the recent G20 and IMF-WB Spring meetings held virtually in the third week of April 2020, a proposal for the IMF to issue an additional 500 billion of Special Drawing Rights (SDRs) was blocked by the US and —...
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