DeCEDA/Qrius 2022 was a milestone year for India. India walked into 2022 with an infectious wave of Covid-19 impacting lakhs of people, the wave receded a few weeks into the year. As hopes for a post-pandemic recovery surged, war in Ukraine brought in new challenges for the economy. With supply chains disrupted, global sanctions imposed on Russia, prices of fuel and food shot up. Inflation, already on a high from pent-up...
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Prof. Satyajit Rath, National Institute of Immunology, interviewed by Sandipan Talukdar (Newsclick.in)
-Newsclick.in There is no evidence either of the subvariant being particularly more transmissible than other variants of the Omicron lineage, according to the eminent immunologist. BF.7, the new Omicron subvariant which has triggered a surge in China, has also been detected in India. Till the filing of this article, India hadrecorded only four BF.7 cases. New precautionary measures taken by the government, including advisories on wearing masks in public places and avoiding...
More »No surge expected in global COVID-19 cases this winter, says IHME report
-The Hindu/Reuters IHME’s report suggests that the current surge in COVID-19 infections in Germany might be due to Omicron subvariants BQ.1 or BQ.1.1 Global COVID-19 infections are projected to rise slowly to about 18.7 million average daily cases by February next year from the current 16.7 million daily driven by the northern hemisphere’s winter months, the University of Washington said in an analysis. The increase in infections is not expected to cause...
More »India's economy recovered strongly despite 3 COVID-19 waves, says U.S. Treasury report
-PTI/ The Hindu “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...
More »India's GDP growth further slows to 4.1 per cent in fourth quarter
-The Telegraph Downward revision was expected as Omicron variant and start of Russia-Ukraine war hit Q4: Economist New Delhi: Growth in the fourth quarter of 2021-22 (January-March) slowed to a crawl at 4.1 per cent, reflecting just how enfeebled the economy had become because of weakening demand and a broad-based surge in prices that sent inflation to an eight-year high at 7.79 per cent in April. The slowdown meant that the fourth quarter...
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