-The Telegraph Health experts say the country's large geographical area and the current scattered pattern of documented cases so far might help explain the lack of observed surges India’s currently shrinking Covid-19 epidemic is almost certain to reverse course and flare up into an omicron-driven third wave of infections, experts guiding the Centre’s pandemic response said on Tuesday as the country’s omicron count rose to 200. The experts said the apparent lack of...
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Activate War Rooms, Night Curfews As Needed, Centre Tells States: 10 Points -Parimal Kumar,
-NDTV.com The THResholds, the Centre said, are test positivity of 10 per cent or more in the last one week or 40 per cent occupancy on oxygen supported or ICU beds. States must take "containment measures, curbs even before THResholds are reached". New Delhi: Omicron is THRee times as infectious as Delta and "war rooms" are needed to contain it, the Centre has told states. It listed a series of prevention and...
More »Implications of futures contracts ban on select commodities -Suresh P Iyengar
-The Hindu Business Line Here is the BL Explainer on futures trading ban on select commodities, its benefits, controlling prices, and experts take on it. * What is futures trading? Futures trading is an agreement between two people to buy or sell a commodity at an agreed price on a future date. As per futures contracts traded on an exchange, one party consents to buy a given quantity of commodity with specified quality...
More »US Inflation and India’s Economic Recovery -Prabhat Patnaik
-NetworkIdeas.org The very day, December 11, when the Indian finance ministry spuriously claimed a robust recovery in the post-pandemic Indian economy, newspapers carried news of an acceleration in the US inflation rate. The inflation rate in November 2021 over November of the preceding year had been 6.8 per cent in the US, which was higher than the corresponding rate in any month over the previous 40 years; in particular, petrol prices...
More »Government bans futures trading in seven commodities
-MoneyControl.com India has suspended futures trading in seven commodities with immediate effect in its latest move to rein in soaring inflation. The Finance Ministry has suspended trading in futures contracts of some agricultural commodities for one year to reign in inflation. Trading in seven commodities - paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong - has been suspended with immediate effect, according...
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