Coronavirus Global Updates 26 August ::: Sydney surge worsens; Singapore reopening tested; India records 46,164 new cases

Thu Aug 26 08:55:21 CAT 2021

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Coronavirus Global Updates 26 August  ::: Sydney surge worsens; Singapore reopening tested; India records 46,164 new cases

Zimbabwe COVID19 Update

COVID-19 update: As at 25 August 2021, Zimbabwe had 123 711 confirmed cases, including 109 498 recoveries and 4 338 deaths. To date, a total of 2 422 256 people have been vaccinated against COVID-19.

India records 46,164 new cases, Delhi 35, Kerala 31,445

Coronavirus India update: Kerala recorded 31,445 fresh Covid-19 cases and 215 fatalities in a day. Meanwhile, Maharashtra reported 5,031 cases and 216 deaths. Stay tuned for corona-related news

Coronavirus updates: India recorded a massive spike of 46,164 new Covid-19 cases in the past 24 hours out of which, over 31,000 were from Kerala. The country also witnessed 607 deaths, taking the death toll to 436,365. So far, India has recorded 32,558,530 corona cases in total. Delhi reported 35 Covid-19 cases and one fatality.

Meanwhile, the international scientists dispatched to China by the World Health Organisation to find out where the coronavirus came from said Wednesday the search has stalled and warned that the window of opportunity for solving the mystery is closing fast.

World coronavirus update: Covid-19 is continuing to spread around the world, with 214,695,493 confirmed cases and 4,475,346 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. 

As Covid-19 second wave wanes, credit card spending rises in India

Indians are spending on their credit cards like before the coronavirus pandemic hit the country late 2020 as restrictions are eased on public movement and businesses, shows data released by the Reserve Bank of India (RBI).

Credit card spending dipped to Rs 52,131 crore in May this year. It increased to Rs 62,746 crore in June—a number higher than in February but marginally below levels seen in January

Odisha reports 849 new Covid-19 cases

Odisha on Thursday reported 849 new Covid-19 cases during the last 24 hours, as per a release by the state government.

721 patients have recovered, while 66 people succumbed to the infection during the same time duration.

The total number of active cases in the state stands at 8,288 and total fatalities due to the infection are 7,628.

9,88,090 people have recovered from the infection, the release further said.

Coronavirus update: The situation in Kerala is grave, says Union Minister V Muraleedharan

The situation in Kerala is grave. The state, instead of using scientific methods to contain the spread, is trying to use pandemic for political objectives. I urge it to follow ICMR guidelines. Kerala's home quarantine (plan) has miserably failed: Union Minister V Muraleedharan

Oil prices fall first day in four as virus concerns return

Oil fell on Thursday for the first session this week as renewed concerns about demand recovery amid rising Covid-19 infections cut short a three-day rally.

Brent crude was down 37 cents, or 0.5%, at $71.88 a barrel by 0440 GMT, having risen 1.7% on Wednesday.

U.S. oil was down 50 cents, or 0.7%, at $67.86 a barrel, after gaining 1.2% in the previous session.

The U.S. Energy Information Administration (EIA) reported that American crude inventories fell last week for a third consecutive week and overall fuel demand increased to the most since March 2020, boosting prices around 10% through Wednesday.

But the demand picture is not entirely bullish.

"For now, U.S. consumers appear to be shrugging off the spread of the Delta variant ... However, it seems likely that we are near the peak in U.S. demand, which will act as a lid on oil prices," Capital Economics said in a note.

Coronavirus vaccine update: Moderna withholds 1.63 mn Covid-19 vaccine doses in Japan due to contamination

Moderna Inc said on Wednesday it has withheld supply of about 1.63 million doses of its Covid-19 vaccine in Japan after a report of contamination of vials with particulate matter, which it suspects involves a production line in Spain.

Although Moderna said no safety or efficacy issues had been identified, the suspension is a fresh setback for the firm, whose partners had production delays last month that disrupted supplies to countries, including South Korea.

That has prompted some Japanese companies to cancel worker vaccinations planned for Thursday, as most of doses in question have been supplied to mass vaccination sites and workplaces in Japan.

"Moderna confirms having been notified of cases of particulate matter being seen in drug product vials of its Covid-19 vaccine," Moderna said in a statement.

"The company is investigating the reports and remains committed to working expeditiously with its partner, Takeda, and regulators to address this," it added, referring to Japan's Takeda Pharmaceutical.

It said the contamination could be due to a manufacturing issue in one of the production lines at its contract manufacturing site in Spain.

It was not immediately clear whether the issue impacted supplies to other countries.

Moderna did not immediately respond to a Reuters' request for comment. Spain's Rovi, which bottles or "fills and finishes" Moderna vaccines for markets other than the United States, was not immediately available to comment.

The vaccine lot with complaints had 565,400 doses and Moderna said that "out of an abundance of caution" it had put the lot on hold and two adjacent ones.

Australia state easing rules as vaccine goal met

Authorities in Australia's New South Wales state say they will ease pandemic restrictions for vaccinated adults next month even as they reported a record 1,029 coronavirus infections and three deaths from Covid-19.

The record reported Thursday surpassed the previous high for a 24-hour period of 919 infections just a day earlier.

State Premier Gladys Berejiklian says the slight easing of restrictions is coming because the state reached 6 million vaccine doses in a population of 8.2 million.

Beginning Sept 13, families in the highest-risk parts of Sydney will be allowed to leave their homes for an hour of recreation as long as any adults are fully vaccinated. The recreation hour is in addition to the hour people are already allowed out to exercise.

Coronavirus global update: Sydney surge worsens; Singapore reopening tested

Sydney’s outbreak of delta variant cases is worsening, with new daily infections in New South Wales state passing 1,000 for the first time. Singapore is set to welcome Thursday the first short-term visitors from Hong Kong under the air travel pass program, even as its reopening plan is tested by rising cases.

Some doses of Moderna Inc.’s Covid vaccine in Japan were halted after reports of foreign particles in the vials. The company completed the application process for full approval of its vaccine in the U.S. Meanwhile, Pfizer Inc. and BioNTech SE are seeking full clearance for a booster shot, and Johnson & Johnson said its booster provided a rapid and strong increase in antibodies.

The European Union will discuss whether to reimpose curbs on visitors from the U.S. as new coronavirus cases soar. The World Health Organization has backed a proposal to set up a $10 billion fund to plug the financial gap in the global health-care system exposed by the pandemic.

Key Developments:

Global Tracker: Cases top 213.8 million; deaths pass 4.46 million

Vaccine Tracker: More than 5.06 billion doses administered

Waning Covid cases helped India’s economy steady in July

Embattled WHO virus origins team says window is closing for probe

As Australia’s vaccine rate soars, so do delta cases

Coronavirus India update: Mizoram reports 794 new positive cases

Mizoram reported 794 new positive cases, and 1 death yesterday. Active cases 7,082 and total recoveries 47,567.

125 fresh cases reported in J&K

Jammu and Kashmir recorded 126 fresh cases of the coronavirus on Wednesday, taking the tally to 3,24,546, while no fresh death was reported in the Union Territory in the last 24 hours, officials said.

Out of the fresh cases, 26 were from the Jammu division and 100 from the Kashmir division, they said.

The officials said that Srinagar district recorded the highest number of 51 cases followed by 12 cases in Budgam district.

1,224 fresh cases, 22 deaths in Karnataka

Karnataka on Wednesday logged 1,224 fresh Covid-19 cases, taking the caseload to 2.9.42 million, while 22 deaths pushed the toll to 37,206. The day also saw 1,668 people being discharged, taking the total number of recoveries to 28,85,700.

Active cases stood at 19,318, a health department bulletin said.

Bengaluru Urban accounted for the maximum number of 309 cases and three fatalities, it said.

Dakshina Kannada district bordering Kerala remained a major COVID-19 hotspot with 217 fresh infections and six fatalities

BJP attacks Kerala govt over high number of Covid-19 cases

With Kerala constantly reporting well over half of the country's daily COVID-19 cases, the BJP on Wednesday accused the Left government in the state of doing little to mitigate the health crisis and being busy in "covering it up" through motivated propaganda.

Kerala on Wednesday reported 31,445 fresh COVID-19 cases and 215 deaths, pushing the total infection count to 38,83,429 and the fatalities to 19,972.

Union minister and BJP leader V Muralidharan tweeted attacking Chief Minister Pinarayi Vijayan, "Alarming COVID-19 situation in Kerala, @vijayanpinarayi has clearly failed to protect people's lives. Kerala alone recorded 24,296 cases & 173 deaths yesterday. @vijayanpinarayi's illogical strategy & motivated media propaganda costing dearly the nation."

BJP spokesperson Tom Vadakkan said Kerala is in the grip of COVID-19, and the state government is busy covering it up.

Kerala's positivity rate goes up to 19%

Seven out of 14 Kerala districts — Ernakulam, Thrissur, Kozhikode, Malappuram, Palakkad, Kollam, and Kottayam — have reported upwards of 2000 cases each. While Ernakulam reported the highest number of fresh infections (more than 4000 cases), Thrissur, Kozhikode, and Malappuram reported more than 3000 cases each. The state's test positivity rate (TPR) has gone up to 19 per cent now.

Nagaland records 49 fresh casesCoronavirus in North east India: Nagaland records 49 fresh cases

Nagaland's COVID-19 tally rose to 29,718 on Wednesday as 49 more people tested positive for the infection, while a fresh fatality pushed the death toll to 612, a health bulletin said.

Dimapur district registered the highest number of new cases at 24, followed by Mokukchung (11), and Kohima (nine).

The death of a COVID-19 patient was reported from Peren district during the day, it said. 

Maharashtra reports 5,031 new Covid-19 cases, 216 deaths,

Maharashtra reported 5,031 new coronavirus cases and 216 fresh fatalities on Wednesday - the latter up nearly 100 from a day ago - taking the infection tally to 64,37,680 and the toll to 1,36,571, a state health department official said.

The state has crossed the 5,000 daily case mark after a gap of 6 days. It had reported 5,225 coronavirus infections on August 19.

Maharashtra had registered 4,355 coronavirus cases and 119 deaths on Tuesday.

Tamil Nadu logs 1,573 new cases, 27 deaths

Tamil Nadu on Wednesday logged 1,573 new coronavirus positive cases in the last 24 hours, taking the state's tally to 26,05,647 infections so far. With 27 deaths due to the virus, including six in private hospitals, the toll has risen to 34,788.

The government issued a set of directions to the district collectors regarding further reducing the spread of the pandemic and this included stricter vigil in border areas along Kerala, which is witnessing a surge in its daily covid additions, reporting 31,445 new cases on Wednesday.

Tamil Nadu continued to maintain the downward graph albeit a marginal decline in cases today to 1,573 new infections from the 1,585 on Tuesday. A passenger who returned from Kerala by road added to the 1,573 new cases, according to a state health bulletin.

Delhi records 35 fresh cases, one fatality

Delhi reported 35 fresh Covid-19 cases and one more fatality due to the disease on Wednesday, according to data shared by the city health department.

According to a bulletin issued by the department, 86 Covid-19 patients were discharged from city hospitals in the last 24 hours and the positivity rate stands at 0.05 per cent.

With the new cases, Delhi's Covid-19 tally has climbed to 14,37,550, of which 14,12,081 patients have either recovered, migrated or have been discharged.

Over 600 mn Covid-19 vaccine doses administered in India, says govt

The cumulative number of Covid-19 vaccine doses administered in the country surpassed the 600-million mark on Wednesday, Union Health Minister Mansukh Mandaviya said. "Under PM @NarendraModi ji's #SabkoVaccine MuftVaccine initiative, India crossed the 60 crore vaccination mark. Congratulations everyone!" he tweeted.

India took 85 days to touch the figure of 100 million. It then took 45 days to cross the 200-million mark and 29 more days to reach 300 million, the minister informed.

The country took 24 days to reach 400 million from 300 million and then 20 more days to cross 500 million vaccinations on August 6. It took 19 more days to go past the 60-crore mark, Mandaviya said.  

Covid-19 pandemic: India needs to focus on vaccinating more, says Guleria

India needs to focus on vaccinating as many individuals as possible, especially those in the high risk category instead of giving booster doses, Randeep Guleria, director at All India Institute of Medical Science, said.

.

He said that there was not enough evidence that a booster dose would be beneficial. “We have not had enough doses to vaccinate everyone and we are thinking of a booster dose...Let us stick to what we know right now,” Guleria said. He said, ‘’we will be able to save many lives if we focus on vaccinating more people’’. Guleria was speaking at a conference organised by the Integrated Health & Wellbeing Council.  

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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