Coronavirus Global Updates 20 August ::: India records 36,571 new cases; Sydney extends lockdown

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Coronavirus Global Updates 20 August  ::: India records 36,571 new cases; Sydney extends lockdown

 

	
 



Zimbabwe COVID19 Update


COVID-19 update: As at 19 August 2021, Zimbabwe had 121 902 confirmed cases, including 104 034 recoveries and 4 198 deaths. To date, a total of 2 233 565 people have been vaccinated against COVID-19.




 


India records 36,571 new cases; Sydney extends lockdown


 

Coronavirus updates: India recorded 36,571 new Covid-19 cases and 559 deaths in the past 24 hours, taking its tally to 32,358,829 and the death toll to 433,589. Kerala reported 21,116 new infections, Maharashtra 5,225, followed by Andhra Pradesh (1,501), Tamil Nadu (1,702), Karnataka (1,432), West Bengal (547) and Delhi (25).

 

Meanwhile, according to an RTI response filed by the Covid-19 Vaccine Administration Cell of the Union Health Ministry, the data on CoWin portal, as of August 17, shows that the “total number of beneficiaries who got their first dose of Covishield Vaccine but did not get their second dose within stipulated period of time” is 3,40,72,993. Similarly, the number stands at 46,78,406 for Covaxin beneficiaries.

 

World coronavirus update: Covid-19 is continuing to spread around the world, with 210,797,726 confirmed cases and 4,416,228 deaths across nearly 200 countries recorded since China reported its first cases in December 2019. The US remains the worst-hit country with 38,231,787 cases, followed by India, Brazil, Russia and France. 

 


'Bracing for the worst' in Florida's Covid-19 hot zone


As quickly as one Covid patient is discharged, another waits for a bed in northeast Florida, the hot zone of the state's latest surge. But the patients at Baptist Health's five hospitals across Jacksonville are younger and getting sick from the virus faster than people did last summer.

 

Baptist has over 500 Covid patients, more than twice the number they had at the peak of Florida's July 2020 surge, and the onslaught isn't letting up. Hospital officials are anxiously monitoring 10 forecast models, converting empty spaces, adding over 100 beds and bracing for the worst, said Dr. Timothy Groover, the hospitals' interim chief medical officer.

 

Jacksonville is kind of the epicenter of this. They had one of the lowest vaccination rates going into July and that has probably really came back to bite them, said Justin Senior, CEO of the Florida Safety Net Hospital Alliance, which represents some of the largest hospitals in the state.

 

Duval County, which consists almost entirely of Jacksonville, is a racially diverse Democratic bastion, won by Joe Biden. The overwhelmingly white rural counties that surround it went firmly for Donald Trump.




Covid hotspot India throws up world-beating stocks aided by easy money


The Reserve Bank of India is helping to fan a world-beating share market rally with record-low interest rates and huge injections of liquidity--even as inflation threatens to break back out of its target range.

 

Investors are betting the easy money won’t end anytime soon, with central bank Governor Shaktikanta Das keeping a lid on dissent as he nurses the economy back from its pandemic lows.

 

Overseas funds have poured $7.2 trillion into the nation’s equities this year and net inflows are expected to continue. The market for initial public offerings is on a tear, thanks to a frenzy of interest in startups, and India looks set to attract investors who’ve been scared off by China’s regulatory crackdown




Q1 results: Second wave of Covid-19 pandemic, higher costs take a toll


The quarter ended June 2021 was a disappointment for many sectors as hopes of a demand recovery seen in the January-March period were dashed by the second wave of Covid-19. Moreover, sharp surge in prices of commodities such as steel and energy hurt margins of companies across sectors, including automobile, FMCG and consumer goods, capital goods and infrastructure, among others, compared to the previous quarter. The comparison with the year-ago period is less meaningful, given the stringent lockdowns last year.

 

Rising commodity prices, however, meant gains for producers of metals, which have benefited from continuous rise in global prices on improving prospects in major world economies. Likewise, increased global demand for digital services benefited the country’s IT services companies. Here’s an insight into the June quarter performance of some of India’s key sectors and companies therein




EU, UK digital Covid certificates recognised by IATA Travel Pass


The International Air Transport Association (IATA) has said that EU Digital Covid Certificate (DCC) and UK NHS Covid Pass can now be uploaded into IATA Travel Pass as verified proof of vaccination for travel.

 

Travellers holding an EU DCC or UK NHS Covid Pass can now access accurate Covid-19 travel information for their journey, create an electronic version of their passport and import their vaccination certificate in one place.

 

This information can be shared with airlines and border control authorities who can have the assurance that the certificate presented to them is genuine and belongs to the person presenting it.




New Zealand reports 11 new Delta cases of Covid-19 in community


New Zealand reported 11 new Delta cases of COVID-19 in the community on Friday, bringing the total number of cases associated with the current Auckland community outbreak to 31.

 

All cases have or are being transferred safely to a managed isolation facility under strict infection prevention and control procedures, including the use of full PPE, according to the Ministry of Health.Of the 11 new cases, eight are in Auckland and three in Wellington, the first time this community outbreak seen out of Auckland. The three in Wellington had recently travelled to Auckland and visited a location of interest there, said a ministry statement.




J&J seeks nod to start Covid vaccine trials on children in India


US major Johnson & Johnson (J&J) has now sought permission to conduct trials of its Covid19 vaccine on adolescents aged 12 to 17 years.

 

The company said on Friday that it has submitted an application to the Central Drugs Standard Control Organisation (CDSCO) on August 17 to conduct a study of the Johnson & Johnson COVID-19 vaccine in India in adolescents aged 12 – 17 years.




Apple delays return to office until Jan 2022 amid Covid surge


Apple has delayed return to office until at least January 2022, as the US witnesses a surge in cases of the delta variant of Covid-19.

 

The iPhone maker said the employees would get a month's notice before they rejoin work in-person, reports The Verge, citing an internal email.

 

"I know there are feeling of frustration that the pandemic is not yet behind us. For many colleagues around the world, this period has been a time of great tragedy, suffering, and heartbreak. Please know that we are all here to support one another and stand with one another during such challenging times," said, Deirdre O'Brien, senior vice president of people and retail.




Kerala records 21,116 new coronavirus cases, 197 additional deaths


Kerala on Thursday logged 21,116 fresh COVID-19 cases pushing the total infection count to 37,46,121, as the number of people succumbing to the disease climbed to 19,246 with 197 additional deaths.

 

In the last 24 hours, 1,30,768 samples were tested and the TPR was found to be 16.15 per cent. So far, 2.99 crore samples have been tested, it said. As many as 19,296 people have been cured of the infection since Wednesday, taking the total recoveries to 35,67,492 and the number of active cases to 1,79,303, a state government release said. Among districts, Thrissur led the fray with 2873 followed by Malappuram 2824, Ernakulam 2527, Kozhikode 2401, Palakkad 1948, Kollam 1418, Kannur 1370, Alappuzha 1319, Thiruvananthapuram 955 and Kottayam 925. Of the new cases, 115 are health workers, 102 had come from outside the state and 19,954 were infected through contact with the source of contact being not clear in 945 cases, the release said.

 


Coronavirus in India: Latest update by MoHFW


Summary of MoHFW data (August 20)

Active cases: 363,605 (Net decrease: 524)

Deaths: 433,589 (Net increase: 540)

Cured: 31,561,635 (Net increase: 36,555)

Total cases: 32,358,829 (Net increase: 36,571)

Total vaccination: 572,281,488 (Increase over previous day: 5,471,282)

 

 


Karnataka cabinet approves implementation of Mental Healthcare Act for Covid


The Karnataka cabinet on Thursday approved the implementation of the Karnataka State Mental Healthcare Act 2021, which will go a long way in helping the society deeply affected by the Covid-19 pandemic.

 

J. Madhuswamy, Minister for Law, Parliamentary Affairs and Legislation, made the announcement on Thursday after the cabinet meeting.

 

The legislation helps in providing healthcare and services for persons with mental health issues. It will protect, promote and fulfil the rights of persons in need of treatment for mental health.

 

Under the act, a State Mental Health Authority will be set up. A committee under the chairmanship of the Director of the NIMHANS Institute will be constituted for the drafting of guidelines for the authority. The authority will also maintain a registry and publish a list of clinical psychologists, nurses, social workers and health workers in the field of mental health.

 

The state act is being implemented in tandem with the Central Mental Healthcare Act, 2017.




Punjab coronavirus update: One death, 63 fresh virus cases in Punjab


One more person died from coronavirus in Punjab on Thursday as 63 fresh cases took the state's infection count to 6,00,123, according to a medical bulletin.

 

So far, the virus has claimed 16,347 lives in the state.

 

The death toll includes one death, which was not reported earlier.

 

The number of active cases rose to 571 from 545 on Wednesday.

 

Jalandhar and Pathankot reported nine cases each, followed by seven each in Amritsar and Mohali.




Gujarat logs 19 new coronavirus cases, 22 recoveries; no fresh death


Gujarat reported 19 new Covid-19 cases on Thursday, taking the tally to 8,25,255, while no fresh death due to the infection was reported in the state, the Health Department said.

 

With 22 more patients getting discharged from hospitals in the last 24 hours, the tally of recoveries rose to 8,14,994, said a release by the department. 




Coronavirus  updates: Pfizer and Astra vaccines less effective after 90 days, says study


A British public health study has found that protection from either of the two most commonly used Covid-19 vaccines against the now prevalent Delta variant of the coronavirus weakens within three months.

 

It also found that those who get infected after receiving two shots of either the Pfizer-BioNTech or the AstraZeneca vaccine may be of greater risk to others than under previous variants of the coronavirus. Based on more than three million nose and throat swabs taken across Britain, the Oxford University study found that 90 days after a second shot of the Pfizer or Astrazeneca vaccine, their efficacy in preventing infections had slipped to 75 per cent and 61 per cent respectively.

That was down from 85 per cent and 68 per cent, respectively, seen two weeks after a second dose




Markets gripped by anxiety over Covid-19 pandemic, Fed's tapering


Iron ore, luxury stocks and the dollar are all sending the same message across markets: investors are getting uneasy.

That anxiety was on display on Thursday as global markets shuddered in the wake of concerns stretching from China’s economy, Covid and the tapering of Federal Reserve stimulus. While the pain was sharpest in commodities and cyclicals, even defensive tech stocks slumped.

 

“What if the Fed can’t taper, let alone hike? This market is wedded to the narrative,” said Kit Juckes, chief foreign-exchange strategist at Societe Generale SA in London




World coronavirus update: UK records another 36,572 coronavirus cases


Another 36,572 people in Britain have tested positive for Covid-19, bringing the total number of coronavirus cases in the country to 6,392,160, according to official figures released on Thursday.

 

The country also reported another 113 coronavirus-related deaths. The total number of coronavirus-related deaths in Britain now stands at 131,373. These figures only include the deaths of people who died within 28 days of their first positive test, the Xinhua news agency reported.

 

Britain's Health Secretary Sajid Javid said on Thursday that he is "confident" that Covid-19 booster vaccine will begin to be given to the most vulnerable from next month.




Coronavirus fallout: India Inc earnings losing momentum as demand recovery falters, shows Q1


The strong surge in India Inc’s profits seen after the first wave of Covid-19 is now losing momentum as demand recovery falters.

 

The combined net profit of India’s top listed companies was down 12.4 per cent in Q1FY22 on a quarter-on-quarter (Q-o-Q) basis while net sales declined 7.8 per cent Q-o-Q. The 2,866 companies in the Business Standard sample reported combined net profits of Rs 1.90 trillion in Q1FY22, up four times from Rs 48,890 crore in Q1FY21 and against Rs 2.16 trillion in the January-March FY21 quarter.




Coronavirus update: Existing drugs kill SARS-CoV2 in cells, claims study


Since the beginning of the pandemic, researchers worldwide have been looking for ways to treat Covid-19. While the Covid-19 vaccines represent the best measure to prevent the disease, therapies for those who do get infected remain in short supply.

 

A new groundbreaking study from the University of Michigan (U-M) reveals several drug contenders already in use for other purposes--including one dietary supplement--that have been shown to block or reduce SARS-CoV2 infection in cells.

 

The study, published recently in the journal Proceedings of the National Academy of Science, uses artificial intelligence-powered image analysis of human cell lines during infection with the novel coronavirus.

 

 

 

 


 


 


 

 


 

INVESTORS DIARY 2021

 


Company

Event

Venue

Date & Time

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


Companies under Cautionary

 

 

 


 

 

 

 


ART

PPC

Dairibord

 


Starafrica

Fidelity

Turnall

 


Medtech

Zimre

Nampak Zimbabwe

 


 

 


DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other  Indices quoted herein are for guideline purposes only and sourced from third parties.

 


 

 


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