-The Hindu Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July The Asian Development Bank has raised its forecast for India’s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April’s exponential jump poses a “considerable downside risk to the recovery”. ‘Targeted containment’ In its assessment based on end-March data, the ADB cited this year’s...
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PM Modi has emerged as ‘super spreader’, says Dahiya
-The Tribune Jalandhar: Holding Prime Minister Narendra Modi responsible for spreading the SECond wave of Covid-19, national vice-president of the Indian Medical Association (IMA) Dr Navjot Dahiya today called him a ‘super spreader’ and blamed him for irresponsibly organising big political rallies in poll-bound states and even allowing Kumbh mela during such a serious situation. “While the medical fraternity is trying hard to make people understand mandatory Covid norms, PM Modi did...
More »Covid: Yogi orders crack down on hospitals flagging oxygen shortage -Piyush Srivastava
-The Telegraph Many hospitals in Lucknow and other parts of the state had put up notices declaring an oxygen shortage and advising families to shift patients elsewhere Chief minister Yogi Adityanath has sent out a clear message to the state’s hospitals: keep your mouth shut about any oxygen crisis or face action. At an online meeting on Sunday evening, Adityanath asked senior administrative and police officers, including divisional commissioners and inspectors-general, to crack...
More »RBI’s chicken soup for the economy’s soul -Manas Chakravarty
-Moneycontrol.com The RBI’s state of the economy report enlists Benjamin Franklin, Fyodor Dostoyevsky, Paulo Coelho, Barack Obama, Shakespeare and a host of lesser luminaries to drive home a message of relentless positivity Back in January this year, RBI’s state of the economy report prognosticated that India will have a ‘glorious summer’. Seen in heartless hindsight, that remark was gloriously off the mark. Has the devastating SECond wave of the pandemic changed the RBI’s...
More »Indian government did not request vaccines from the US -Sriram Lakshman
-The Hindu U.S. lawmakers and other influential voices have been calling for the U.S. to donate its spare vaccines to countries like India, particularly some of the tens of millions of doses of AstraZeneca vaccine. Washington DC: The Biden administration has said that the government of India did not request it for ready-to-use vaccines, as pressure has been mounting on the U.S. to give out vaccines to countries such as India, which...
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