Wednesday 8 April 2020

COVID-19 positive cases rise to 5,000 in India

April 8th: Number of coronavirus cases India lift to 5,000+ and 4500+ active cases and above 400 have been recovered. Maharashtra becomes the first state to register 1000+ positive cases in the Country.

Meanwhile there is no official announcement on extension of the nationwide lockdown, though States like Karnataka, Telangana, Maharashtra And Uttar Pradesh are in favour of extending the lockdown.

Wuhan back to normal after 76 days of lockdown

April 8th: Wuhan back to normal after 76 days of lockdown on Wednesday for outbound travel for the first time since the coronavirus pandemic outbreak. The city reported no new death from COVID-19 and 30 symptom-less cases were reported from mainland. The NHC said 1,000+ symptomless cases were still under observation.

What are symptomless cases?
Symptomless cases are those who have been tested positive of the virus but do not show any symptoms. Last week, China began revealing the number of symptomless cases for the first time.

Wuhan city reported the first coronavirus case in December 2019 and the virus spread across world making it a pandemic disease. According to the stats by the Johns Hopkins University, there are about 1.34 million positive cases across the globe and about 75,000+ death have been reported

Tuesday 7 April 2020

Bollywood Actor Hrithik Roshan contributes for the needy


April 7th: Bollywood Actor Hrithik Roshan Joined hands with non-profit organisation Akshaya Patra to provide meals for the needy people. Akshaya Patra delivers meal to old age homes, daily wage labourers and underprivileged across the country. The Organisation thanked the actor on their Twitter handle for his contribution, for helping the needy during the Nations lockdown on COVID-19 pandemic.

The actor praised Akshay Patra for their efforts to provide meals for needy even during corona outbreak. The Actor took to Twitter saying "I wish you the power to ensure that NO ONE in our country sleeps hungry. You all are the real superheroes on ground. #IndiaFightsCorona #Covidrelief", he wrote.

Indian share markets recorded biggest ever gain single day

April 7th: Indian share markets recorded their biggest-ever single-day gains in complete terms Today (07 April 2020), with the BSE Sensex ending 2,476.26 points higher at 30,067.21. The Nifty 50 also rose nearly to end at 8,792.20.

The Sensex had opened at 28,898.36 points Today. The equity benchmark rose as much as 2,566.7 points to touch 30,157 at the strongest level in the session and fell to 28,602.31 at its lowest. Yesterday (06-04-20), the Sensex had closed at 27,590.95. The Nifty 50 climbed to as high as 8,819.40 Today.

IndusInd Bank and Axis Bank stocks achieved the most on Nifty 50 and Sensex. All stocks ended in green on both indices Today (07-02-20). 

Japan's PM Shinzo Abe has declared state of emergency


April 7th: Japan's Prime Minister Shinzo Abe has declared state of emergency for major regions in tokyo and six other prefectures do more to strengthen calls for social distancing. And to ramp up defenses against the spread of the coronavirus. Abe said there would be no european-style lockdowns.  "As I decided that a situation feared to gravely affect people's lives and the economy has occurred... I am declaring a state of emergency," Abe said.

US President Donald Trump notifies India

April 7th: US President Donald Trump on Monday notified India of retaliation if hydroxychloroquine, the anti-malaria drug is not supplied to the US. The Centre has said that India will be supplying essential drugs to other countries that are badly affected by COVID-19.
Earlier, US President Donald Trump notified India that the US may retaliate if India did not export hydroxychloroquine despite his personal request to Modi over a phone call. 
Hours after India banned the export of the anti-malarial drug, Trump requested help from PM Modi to allow the sale of hydroxychloroquine tablets in order to treat the increasing number of coronavirus patients in the US, 
US has the highest number of positive cases of about 3.6 lakh. Over 10,000+ people have already died, which pushes it to become the worst-affected nation after Italy and Spain.

Market: India's richest man net worth drops 28 percent


April 7th: The net worth of India's richest man Mukesh Ambani dropped 28 per cent a day for two months to $48 billion as on March 31 due to the huge fall in stock markets, a report said on Monday. 
The chairman and managing director of Reliance Industries saw his wealth decline to $19 billion, taking his global ranking down from 8th places to 17th, Hurun Global Rich List said. 
According to Hurun Report India, “India's top entrepreneurs have been hit by a 26 per cent drop in the stock markets and a 5.2 per cent drop in the value of the rupee compared with the US Dollar. For Mukesh Ambani, it has been a perfect storm, with his wealth down 28 per cent,” 

Other Indian businessmen who have seen a major drop in wealth includes Gautam Adani (Adani Group), Shiv Nadar (HCL Technologies), and banker Uday Kotak (Kotak Mahindra Bank).

With hospitality coming under intense pressure due to the pandemic, shared economy platform Oyo Rooms' Ritesh Agarwal is “no more a billionaire”, the rich list said.