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50,000 to be tested for Covid at the Maha Kumbh site

50,000 to be tested for Covid at the Maha Kumbh site SECTIONS Share Synopsis The state health department will mainly conduct RT-PCR tests. The drive will cover seers, devotees, eatery owners, frontline workers including security personnel and the general public. Agencies Reports reaching here from Haridwar said the crowds have also shrunk in the mela zone. Uttarakhand administration is launching a mega Covid test drive starting Saturday in the Haridwar city, covering around 50,000 people a day amid reports of increasing Covid-19 cases among seers and others attending the Maha Kumbh. The state health department will mainly conduct RT-PCR tests. The drive will cover seers, devotees, eatery owners, frontline workers including security personnel and the general public.

bull market: Covid second wave not such a big risk for market, stay positive in medium term: Ravi Dharamshi

Last time when we were speaking in the month of January you had talked about as to how the run up from last March has been like the beginning of a new bull run. You also predicted that the market is going to see some volatile bouts. Would you say that now with the second Covid wave and return of curfews and mini lockdowns, the market has got derailed? Let me first put in perspective what are the legs on which this bull market is running. The start of this bull market was from very low valuations and we have had a fantastic rally. So valuations have run up a lot, but at the same time the earnings have also been good. You cannot say that only prices are going up and valuations are getting expensive.

India may witness 2,320 deaths per day due to Covid by first week of June: Lancet Report

›India may witness 2,320 deaths per day due to Covid by first week of June: Lancet Report India may witness 2,320 deaths per day due to Covid by first week of June: Lancet Report SECTIONS India may witness 2,320 deaths per day due to Covid by first week of June: Lancet ReportBy Share Synopsis The experts have strongly recommended a temporary ban on gatherings of groups larger than 10 for the next two months. Significantly, it did not recommend a blanket national or state lockdown, as opposed to localised, phased restrictions or closures. Agencies As per the preliminary review of the report, while the pandemic has spread, the geographic contours of the second wave closely mirror those of the first wave, though with a deeper penetration into tier-2 and tier-3 cities.

Coronavirus second wave symptoms: Most COVID+ patients experience these symptoms, according to doctors

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Stocks to buy: How to beat the market as Covid second wave sweeps the country

Are we done pencilling in the damage with state-wide lockdowns? Could the situation for the markets worsen with the deteriorating Covid-19 situation? On Monday, we saw a knee-jerk reaction to the looming second wave and as the second wave acquires a larger proportion and a more PAN India kind of dimension, these concerns may still linger on, but the good news is that from the highest levels of the government, there has been statements which say that we are not going to see a national lockdown and it is going to be limited to local pockets. That is very heartening. The kind of damage that we saw in 2020 to the economy and the businesses is unlikely to repeat itself. There could be a pause in terms of demand as economic activity cools down a little from a few days or few weeks but a month and a half from now, things should be pretty much normal.

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