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By Administrator_India Capital Sands India said on Sunday its hospital network is adequately prepared to tackle the spread of the coronavirus, with over 100,000 beds ready to cater to a potential surge in patient numbers. In neighbouring Bangladesh, Prime Minister Sheikh Hasina announced a relief package worth about $1.7 billion to help farmers struggling because […]
By Ritu, Capital Sands After a widely expected and sharp drop in the U.S. economy over the next three months, a panel of top business economists sees high joblessness persisting for more than a year in an outcome that would douse hopes for a quick, post-pandemic return to normal. The number of jobs destroyed by […]
By Administrator_India Capital Sands The Indian government on Thursday claimed initial success in its fight against the coronavirus epidemic, saying it would have been hit with 820,000 cases by next week had it not imposed a nationwide lockdown. The number of people infected with the virus stood at 5,865 including 169 dead, far smaller than […]
By Ritu, Capital Sands British Prime Minister Boris Johnson was getting better on Thursday in intensive care where he is battling COVID-19 as his government extended its overdraft facility and reviewed the most stringent shut down in peacetime history. Johnson, 55, was admitted to St Thomas’ hospital on Sunday evening with a persistent high temperature […]
By Administrator_India Capital Sands India is considering plans to seal off coronavirus hotspots in Delhi, Mumbai and parts of the south while easing restrictions elsewhere as a way out of a three-week lockdown that has caused deep economic distress, officials said on Wednesday. The sweeping clampdown in the country of 1.3 billion people to prevent […]
By Ritu, Capital Sands Anyone who’s been to a supermarket in the last few weeks has probably come away with the idea that the sector is doing better than most in the current Covid-19 crisis. Yes, there has been an uplift from panic-buying of staples – a 30% uplift in U.K. stores, the company said […]
By Administrator_India Capital Sands India, like a lot of countries plunged into crisis by the pandemic, is struggling to ramp up testing for the coronavirus, but in few places would the odds of containing the disease appear so bleak should domestic transmission start to multiply. Officials hope to be testing 20,000 people daily by the […]
By Administrator_India Capital Sands Millions of Indians turned off their lights and lit up balconies and doorsteps with lamps, candles and flashlights on Sunday, in response to Prime Minister Narendra Modi’s appeal to “challenge the darkness” spread by the coronavirus crisis. Modi, who imposed a three-week long nationwide lockdown on March 25, asked all citizens […]
By Ritu, Capital Sands European stock markets sank on Friday, erasing meagre gains for the week, as more companies flagged a hit to business from the coronavirus pandemic while oil prices extended their previous day’s gains on hopes of a global supply cut. With virus-fighting lockdowns raising the risk of a prolonged global downturn, investors […]