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Indian Stock Markets Closed, Asia Trade Higher

Indian stock markets were close today for a festival holiday, while most of Asia was trading with gains. Dow Futures were trading higher by almost 0.20 per cent, while the SGX Nifty was up 33 points in trade.

The Japanese Nikkei was trading with gains of nearly 1 per cent, while the Australian S&P ASX 200 was trading with gains of 1.5 per cent.

Indian markets had closed weak on Friday, following a slide in banking stocks. This was after the RBI announced a moratorium extension for another three months.

Meanwhile, this week the markets would watch corporate numbers, as well as spiralling tensions between the United States and China.

Coronavirus – India among top 10 countries with highest number of cases

With more than 6,000 COVID-19 cases recorded for the second consecutive day, India on Sunday bracketed itself among the world’s top 10 countries with the maximum number of novel coronavirus infections.

The number of total cases in India is in excess of 1,37,000, whereas death toll has crossed the 4,000 mark.

On the number of active cases, India with over 75,700 cases, stands fifth after the USA, Russia, Brazil and France.

Globally, the number of active cases are in excess of 28 lakh, out of which, more than 11 lakhs are in the USA.

The surge happened during the 61-days of lockdown – announced by the Prime Minister Narendra Modi on March 24 at 8 PM, giving a country of 133 crore people only four hours notice – during which lakhs of migrant labourers moved from one place to another.

Coronavirus ‘cover-up’ By China Is Similar To Chernobyl Disaster – White House Adviser

In the latest development of US-China row over coronavirus outbreak, a senior White House official has compared the cover-up done by the Chinese government of COVID-19 pandemic with the handling of Chernobyl disaster in 1986 by the Soviet Union. In an interview with an international media outlet, White House National Security adviser Robert O’Brien said that China was aware of what was happening with the novel coronavirus as it originated in the country in November, but did not tell the truth to the World Health Organisation (WHO) so that it can formulate the global response to the health crisis.

Four coronavirus COVID-19 vaccines may soon enter clinical trial stage in India – Harsh Vardhan

New Delhi: Union Health Minister Harsh Vardhan on Sunday said that at least four of the 14 candidate vaccines for novel coronavirus in the country may enter the clinical trial stage very soon.

In a social media interaction with BJP leader G.V.L. Narasimha Rao, the Minister said within five months, four of the vaccine candidates in the country may enter the clinical trial stage.

Rao asked the Health Minister about the status of the development of the vaccines in the country. The Minister said, “The whole world is trying to develop a vaccine for COVID-19. There are over 100 candidate vaccines which are at different levels of development.

‘Age, Male Sex, Underlying Illness Validated as Risk Factors for Death Due to Covid-19’

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ā€˜Age, Male Sex, Underlying Illness Validated as Risk Factors for Death Due to Covid-19ā€™

Age, male sex, and underlying illnesses like diabetes have emerged as risk factors for death due to novel coronavirus infection, according to a large cohort study which can help health professionals learn more about how the COVID-19 illness progresses.

According to the study, published in the BMJ, the risk of death increases in people above the age of 50, as does being being male, obese, or having underlying heart, lung, liver and kidney disease.

Carbon emissions in India drop 26% amidst COVID-19 lockdown

Carbon emissions in India drop 26% amidst COVID-19 lockdown The unprecedented lockdown imposed due to the coronavirus pandemic has led to a steep fall in global carbon emissions by 17 per cent in early April as compared to 2019 levels with India’s emissions dropping by 26 per cent, according to a study. An international study…

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COVID-19 – UN calls for international help in Africa

COVID-19 – UN calls for international help in Africa UN Secretary-General Antonio Guterres on Wednesday called for international action to help Africa deal with the COVID-19 pandemic. “These are still early days for the pandemic in Africa, and disruption could escalate quickly. Global solidarity with Africa is an imperative — now and for recovering better,”…

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