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Ireland plots gradual reopening, extends Covid-19 lockdown for a month

DUBLIN (REUTERS) - Ireland will reopen only small parts of society over the next two months, starting with the return to school of some pupils within days as the more infectious UK Covid-19 variant slows suppression of its deadliest wave to date. Prime Minister Micheál Martin said on Tuesday (Feb 23) that the variant s near dominance was almost akin to battling a new virus. The government extended its highest level of restrictions until April 5 when it will consider easing limits keeping people to within five kilometres (three miles) of their homes and resuming some construction. Any further gradual easing will take another three to four weeks beyond that, according to a broad reopening plan.

Hungary PM asks regulator to assess Chinese COVID vaccine quickly

BUDAPEST (Reuters) - Hungary s medical regulator will hopefully give a clear answer in a few days on whether the country can start using a coronavirus vaccine developed by China for mass inoculations, Prime Minister Viktor Orban told state radio on Friday. His government, looking to step up its inoculation drive, said on Thursday it had reached a deal with China s Sinopharm to buy its coronavirus vaccine. Hungary, which has a track record of breaking ranks with Brussels on matters of policy, would be the first European Union country to approve and start using a Chinese COVID vaccine. It passed a decree on Thursday allowing it to start procurements outside the EU s centralised scheme, after the foreign minister said EU procurements were scandalously slow. I have asked the authority to act thoroughly, but as fast as possible and say A or B . as there is over a million (doses) of the Chinese vaccine which we could use in a few days, Orban said. He said Hungary s vaccination capacities wer

India Inc reiterates its demand for RBI rate cut after IIP growth slipped to 3 1 per cent

India Inc reiterates its demand for RBI rate cut after IIP growth slipped to 3.1 per cent India Inc reiterates its demand for RBI rate cut after IIP growth slipped to 3.1 per cent As India’s Industrial Output Growth Slipped To 3.1 Per Cent In April, The Industry Reiterated Its Demand For An Interest Rate Cut By The RBI, Saying It Was Imperative To Boost Growth And Consumer Demand. PTI | Updated on: 12 Jun 2017, 11:42:29 PM New Delhi: As India’s industrial output growth slipped to 3.1 per cent in April, the industry reiterated its demand for an interest rate cut by the RBI, saying it was imperative to boost growth and consumer demand.

The Life of a Water Bubble is Very Short

The Life of a Water Bubble is Very Short India’s shrinking GDP According to preliminary estimates released by the Central Statistics Office on January 7 India’s gross domestic product may shrink by 7.7% during 2020-21. In the April-June 2020 quarter GDP contracted by 23.9% while in the second quarter the contraction was 7.5%. According to earlier estimates by the CSO for the remaining two quarters up to March 2021 the contraction will either end or remain at 0.1%. The provisional data for 2019-20 estimated India’s GDP at ₹145.7 lakh crore which is projected to shrink to ₹134.4 lakh crore this year. For the first time since 1979-80, India’s recorded GDP has shrunk. These estimates by the CSO will be used for the budget estimates presented to Parliament next month, but the exact figures will only be available in May.

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