Second COVID-19 wave humanitarian crisis, not economic one: Nomura
Nomura said it expects the overall hit to sequential growth in April-June to be much less severe than last year when there was a complete nationwide lockdown, and less than what the drop in mobility suggests
PTI | May 20, 2021 | Updated 16:00 IST
The second wave of the pandemic in India is more of a humanitarian crisis rather than an economic one, and is likely to have peaked, a Japanese brokerage said on Thursday.
Nomura said it expects the overall hit to sequential growth in April-June to be much less severe than last year when there was a complete nationwide lockdown, and less than what the drop in mobility suggests. It estimated the economy to contract by only 3.8 per cent in June quarter as compared with March quarter.
India s second COVID-19 wave flattening but won t wane away before July, says Shahid Jameel
Shahid Jameel noted that it is a little too early to say if the Covid wave has peaked
PTI | May 12, 2021 | Updated 13:49 IST
India s second COVID-19 wave seems to have flattened but the climb down will be a more prolonged, long drawn-out process than the first and will possibly run till July, eminent virologist Shahid Jameel said here on Tuesday.
Though the new variants of the virus may partly be responsible for the explosion in the number of cases, there is no indication the mutant versions are more lethal, added the director of the Trivedi School of Biosciences, Ashoka University, amid mounting worries about what is fuelling the second wave in India.
Second COVID-19 wave likely to pose risks to domestic auto demand: IndRa
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research said
PTI | April 24, 2021 | Updated 08:45 IST
The second wave of COVID-19 could pose downside risks to the domestic auto industry demand in the near term, a report said on Friday.
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research (Ind-Ra)said in the report.
Second COVID-19 wave likely to pose risks to domestic auto demand, says IndRa
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research said
PTI | April 24, 2021 | Updated 08:41 IST
The second wave of COVID-19 could pose downside risks to the domestic auto industry demand in the near term, a report said on Friday.
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research (Ind-Ra)said in the report.
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Even if India opens up COVID-19 vaccination for everyone above 18 years of age, it will take another six to seven months to vaccinate the entire country
Even if India opens up COVID-19 vaccination for everyone above 18 years of age, it will take another six to seven months to vaccinate the entire country
Prabhjote GillApr 5, 2021, 18:12 IST
Representative image of COVID-19 vaccine being administered in IndiaBCCL
A new study by Tata Consultancy Services (TCS) and the National Institute of Industrial Engineering (NITIE) recommends doling out vaccines to everyone above the age of 18 years from April 15.
Estimates show that it would still take another six to seven to vaccinate the whole country at a rate of 2.5 million doses a day.