LATEST COVID WAVE
New Covid wave expected in US? Doctors 'bracing for impact' with KP.3 variant on the rise
New coronavirus variants like KP.2 and KP.3 are emerging in recent times and the cases keep on mounting in the US, according to recent health data. KP.2. and KP.3 variants of the coronavirus currently comprise of half of the entire Covid cases active in the United States and the numbers are not looking at going down anytime soon.
In a growing economy, new defensive sectors tend to emerge: 5 tiles and ceramic and home makers stocks with upside potential of up to 41%
Many times the word, defensive stocks is used on the street. Most of the time it is FMCG, pharma and others which are referred to as defensive stocks. The reason being that the demand for these companies is steady and is not impacted much even when there is any slowdown in an economy. The question is in an economy which is growing faster and new areas of consumption are coming up every second day, where the demand from being seasonal and cyclical has reached a stage where in all economic conditions it stays above single digit, shouldn't those also be considered as defensive and valued accordingly. Probably the Indian economy has reached a stage where the demand for tiles, ceramic and home building products, ex-cement has reached a level where in worst cases it will not go below a point.
As COVID cases rise again, what do you need to know about the new FLiRT variants?
FLirt Covid 19 Virus: Scientists are studying the FLiRT variants, subvariants of the Omicron lineage, which may be more contagious and evade immunity better. The FLiRT variants, derived from the JN.1 variant, are demonstrating increased 'fitness' and may become the dominant subvariants in Australia. Booster shots targeting Omicron XBB.1.5 provide significant protection against severe illness.
US to witness new COVID wave in summers? All about the new variant KP.2
Disease experts are contemplating a COVID wave of a new variant KP.2 which has currently recorded the largest share of new infections across the United States, according to latest reports.
What is new Covid variant FLiRT, is it dangerous, and what are the symptoms?
The FLiRT variant, a group of new Covid-19 variants belonging to Omicron's JN.1 lineage, is rapidly spreading in the US. Variants KP.2 and KP 1.1, considered more infectious than previous Omicron variants, are causing concern. Experts warn of a potential new wave of infections in the summer. Symptoms of FLiRT remain similar to other variants. Vaccination and preventive measures are advised.
Surfs up! Mid-sized companies catch the PE/VC wave
Executives said the fresh round of investments is playing out for brands that are either occupying niches or already taking market share from established brands. The list includes Dairy Classic and NIC ice creams, SkinQ dermo-cosmetics, Grameen Kulfi, Fresh Press juices, Woodsmen Mountain Whiskey, Yu instant foods and Natch snacks, among others.
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Paytm shares rebound; Tata builds India’s first spy satellite
Troubled fintech major Paytm has seen a rebound in its stock, which jumped over 10% in the last two trading sessions. This and more in today’s ETtech Top 5.
COVID-19 likely to have infected 90 pc of Taiwan's population: CDC
The CDC, which tested 7,000 randomly selected blood donation samples collected in Taiwan between January and June, found that nearly 80 percent came from people who had contracted COVID-19, CDC Deputy Director General Lo Yi-chun said in a weekly briefing.
Payout by life insurers moderates in FY23 compared to previous year
Life insurance payouts declined by about Rs 6,000 crore in 2022-23 due to a lesser number of death claims compared to the previous year, impacted by COVID-19. The industry paid a total benefit of Rs 4.96 lakh crore in 2022-23, compared to Rs 5.02 lakh crore in FY22. Benefits paid on surrenders/withdrawals increased by 25.62 per cent to 1.98 lakh crore in 2022-23, with public sector insurers accounting for 56.27 per cent.
ET Explains: Covid cases rising, but new strain not behind the surge
India experienced a single-day increase in Covid-19 infections, with active cases reaching 3,742. A new strain, "JN.1," has been detected, but it is not driving the surge. From November to now, only 22 cases have been reported, less than 1%. Experts say there is no increase in hospitalization, severity, or fatalities.
Citizens, tourism industry need not panic: Union Minister Shripad Naik on latest Covid wave
Panaji: Union Minister of State for Tourism, Shripad Naik, reassured citizens and the tourism industry on Sunday, stating that there is no need for concern regarding the recent wave of COVID-19. He emphasized that the country has successfully battled the disease in the past. The minister made these remarks during the 'Sagar Manthan 2.0' event organized by the weekly magazine 'Panchjanya' in South Goa.
Mask up, say doctors as Covid-19 cases show a rise
While public health experts expect Covid-19 cases to increase in the winter, they stressed that there is no need to get another vaccine shot as the potential of the latest variant of the coronavirus to cause severe illness is less than the previous variants. In India, the XBB variant continues to be dominant, the data suggest.
A wave or a splash? Know what experts say on new Covid variant JN.1
With 21 cases of new Covid variant JN.1 detected in India, the government has issued advisories for preparedness. Dr. V K Paul of NITI Aayog emphasized calm, stating the scientific community is closely studying the variant. Despite a rise in daily positivity rates in certain states, including Kerala, Maharashtra, Jharkhand, and Karnataka, officials assert there's no immediate concern with JN.1.
Covid infections down in Singapore but experts call for precaution
The seven-day moving average of the infection was 7,870 on December 12 and decreased slightly to 7,730 on December 17, The Straits Times newspaper reported.
Bose picks up minority stake in Noise; Udaan fires over 100 employees
In what could potentially strengthen homegrown audio accessories and wearables brand Noise’s foothold in a tightly contested segment, the company has closed its first ever fundraise from global audio devices maker Bose. This and more in today’s ETtech Top 5.
COVID:11 US states register 10% increase in coronavirus hospitalizations. Everything you should know about it
US health officials have apprehended an increase in hospitalizations with COVID as the winter months are coming. Know about the Centers for Disease Control and Prevention (CDC) report and possible coronavirus waves in the winter.
What are the new Covid symptoms? Medical experiment shares insights and changes in fever patterns
Amidst the ongoing struggle with the coronavirus, it is crucial to keep up-to-date with the evolving landscape of Covid-19 symptoms. Dr. Nathan Goodyear, the Medical Director at Brio Medical and a Covid-19 expert, offers valuable insights into the predominant symptoms observed in the current phase of the pandemic.
China's slumping economy: What the latest numbers are signaling
The broad troubles of China's real estate sector continue to cast a long shadow over the country's economic prospects. Property investment plummeted nearly one-fifth in August from the same month a year ago, an even steeper decline than in July.
Eris: Symptoms, Vaccines and all about the new dominant Covid variant which is leading to a fresh wave in the U.S and U.K
The Eris variant, or EG.5, a dominant Covid subvariant, has surged to prominence as the most prevalent subvariant in the United States and the United Kingdom raising concerns.
India's new COVID-19 cases jump 30% to 10,158; active tally nears 45,000-mark
The detection of new cases over the last 24 hours is a sharp 29.7% jump from 7,830 cases reported on Wednesday. Amid the recent upsurge in the number of Covid cases, medical experts have warned that the new XBB1.16 variant is able to evade the immune system of the people and the upcoming four weeks are very crucial.
No new strains detected in latest China Covid outbreak: Lancet analysis
According to the report, genome analysis of 413 new Covid-19 infections in Beijing spanning the period when China lifted its strictest pandemic control policies suggested that all were caused by existing strains.
View: India is more than capable of riding out any new Covid wave. All it needs is to be smart
We are governed by a very capable and adaptable government, which has the unique experience of managing the world's largest pandemic that infected virtually every Indian. India did manage the Covid pandemic over the last two years much better than even developed nations and saved millions of precious lives.
China's third Covid wave: Will the Wuhan incident repeat? China remains quiet
China is suffering from the havoc of the Corona epidemic and there is an atmosphere of tension all over the world. It is estimated that 2 million people may die in China.
Will the updated Covid boosters prevent another wave this winter? Experts raise doubts
Designing a vaccine for an evolving virus is a formidable challenge.
Current UK covid-19 wave driven by elderly over 70s? Read here to know
NHS England will provide booster vaccination invitations through email, post, and text to six million eligible people next week who are either clinically at risk of COVID or over 75.
Delhi logs 613 new Covid cases, 3 more deaths; positivity rate 2.74 pc
With 613 fresh cases reported on Sunday, the national capital's Covid tally increased to 19,00,358 while the death toll mounted to 26,195.
Fourth wave or local blip? What to make of India's latest COVID-19 case surge
The Indian Council of Medical Research (ICMR) suggests that the present spurt in numbers is only a "localised blip" and shouldn't be termed as the fourth wave of the pandemic. But the Centre as well as the states on are already on their toes, bringing back mask mandates and asking people to remain vigilant.
In 10 charts: Does India's latest Covid surge signal a 4th wave?
On Wednesday, India's Covid count again breached the 2,000-mark in a sharp spike vis-a-vis Tuesday's numbers. The active caseload has now increased to 12,340.
What is the new COVID-19 variant BA.2, and will it cause another wave of infections in the US?
BA.2 is the latest subvariant of omicron, the dominant strain of the SARS-CoV-2 virus that causes COVID-19. While the origin of BA.2 is still unclear, it has quickly become the dominant strain in many countries, including India, Denmark and South Africa. It is continuing to spread in Europe, Asia and many parts of the world.
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