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  • US scientists warn social distancing may have to remain till 2022

    IANS

    US scientists warn social distancing may have to remain till 2022
    Washington, April 16 (IANS) Social distancing measures such as restrictions on public gatherings may have to remain in place intermittently for at least a couple of more years to contain the spread of COVID-19 in the absence of vaccine against the virus or dramatic increase in critical care capacities, researchers from Harvard T.H. Chan School of Public Health have warned.

    These tough measures which have already pushed the world economy into recession may be necessary because the outbreak of SARS-CoV-2, the virus that causes COVID-19, may occur again in winter, according to the projections made by the researchers who used data from the US for creating a model of transmission.

    The study comes at a time when US President Donald Trump has said that America has “passed the peak” of new COVID-19 cases and predicted some states would reopen this month, even as the country currently accounted for the highest number of coronavirus deaths and infections in the world.

    The US has reported a total of 639,628 coronavirus cases, while the death toll stands at 30,925, according to the latest update by the Washington-based Johns Hopkins University.

    According to the study published in the journal Science, resurgence in contagion could be possible as late as 2024.

    For the study, the researchers examined a range of likely SARS-CoV-2 transmission scenarios through 2025 and assessed non-pharmaceutical interventions that could mitigate the intensity of the current outbreak.

    They used what is known about the pandemic and different coronaviruses to create different transmission scenarios.

    “We projected that recurrent wintertime outbreaks of SARS-CoV-2 will probably occur after the initial, most severe pandemic wave. Absent other interventions, a key metric for the success of social distancing is whether critical care capacities are exceeded,” said the study.

    “To avoid this, prolonged or intermittent social distancing may be necessary into 2022. Additional interventions, including expanded critical care capacity and an effective therapeutic, would improve the success of intermittent distancing and hasten the acquisition of herd immunity,” it added.

    The researchers cautioned that their model will have to be tailored to local conditions and updated as more accurate data become available.

    According to data from Johns Hopkins University, COVID-19 has so far infected over 2 million people and led to the deaths of over 137,000 in the world.

    IANS

    (This story has not been edited by Kashmir Today staff and is published from a syndicated feed.)

  • ‘You are being watched’: SP Cyber Crime

    8 Cases registered against users posting fake reports and videos


    Srinagar: Cyber Police have arrested over 7 persons for uploading fake news reports on social media networking sites while a couple of offenders are still at large.

    SP Cyber Police Tahir Ashraf told KNT that they have registered 8 FIR’s against those who have posted fake news reports and videos. He said these cases have been registered against offenders hailing from Handwara, Dooru, Srinagar, Beerwah, Sopore, Kupwara and other parts.

    “Some people are using social media networking sites including facebook, Instagram, WhatsApp and Twitter. Cyber Police Kashmir is monitoring all the profiles and the content being uploaded by the users. We are exploring the possibilities of invoking all the appropriate provisions of law available against such users,” he said.

    SP Tahir Ashraf said they take prompt action whenever they find anyone misusing the social media. “One of the examples is morphed picture of Lal Chowk, Ghanta Ghar Srinagar was shown with the flag of Pakistan administered Kashmir uploaded on facebook,” he said adding that swift action was initiated against the user.

    Divulging information about the misuse of social media, SP Tahir Ashraf told KNT that a user in Handwara had posted on WhatsApp that security forces killed two youth in fake encounter. “An old video in Srinagar was uploaded showing that 3 civilians were killed and 30 injured. In Beerwah, fake news was uploaded with regard to diagnosis of Covid-19 patient.

    In Kupwara, fake and manipulated contents of information displaying propaganda against administration and security forces were uploaded on Twitter. Similarly, some miscreants uploaded fabricated document related to record of proceedings of Supreme Court of India disclosing restoration of internet service,” he said adding that they are tracking both known and unknown users posting fake news reports and videos. (KNT)

  • Barclays cuts India’s GDP forecast to zero citing lockdown extension

    Business Live

    Barclays has cut its growth forecast for India to zero per cent for Calendar Year (CY) 2020 from 2.5 per cent earlier as the country heads into a longer complete shutdown (until May 3) to combat the rising number of Covid-19 cases.

    It has estimated the economic loss of the lockdown to be close to $234.4 billion than the previous estimate of $120 billion.

    Barclays Research, which is produced by the Investment Bank of Barclays Bank PLC and its affiliates, in a report, said the economic impact of Covid-19 looks set to be worse than it had expected earlier.

    “While we expect inventory rebuilding and some release of pent-up consumption to boost demand in June and Q3 (July-September) 2020, we think this effect is likely to be mild on account of precautionary savings, weak global demand and large job losses.

    “As such, the downward trajectory of the economy is likely to be deeper than we had expected. Hence, we cut our growth forecast to 0.0 per cent for CY2020 (from 2.5 per cent) and to 0.8 per cent for FY20-21 (from 3.5 per cent),” said Rahul Bajoria of Barclays Securities (India) Pvt Ltd.and Shreya Sodhani of Barclays Bank, Singapore, in a report..

    For CY2021, Barclays Research Department has lowered its GDP growth forecast to 7.5 per cent (from 8 per cent).

    While India’s Covid-19 outbreak has not officially reached the community transmission stage, Barclays believes the existing restrictions on movement are causing much more economic damage than anticipated.

    “In particular, despite being characterised as essential sectors, the negative impact of the shutdown measures on the mining, agriculture, manufacturing and utility sectors appears higher than we had expected,” the authors of the report said.

    Bigger loss anticipated

    Further, combined with the disruption in several service sectors, Barclay’s Research now estimates that the economic loss will be close to $234.4 billion (8.1 per cent of GDP), assuming that India will remain under a partial lockdown at least until the end of May. This is much higher than the $120 billion it had estimated earlier for roughly the same time period.

    “Once the lockdown is over, we think the pace of recovery will be contingent on policy support. Our trajectory of a slower recovery factors in the only modest fiscal stimulus unveiled by the government up to now.

    “We think this is unlikely to offset the negative impact on ‘animal spirits’ caused by relative inactivity for a long period,” the authors said.

    Major policy interventions, if taken, could, however, change the outcome and bring about a faster upswing after the lockdown opens. That said, the slowdown in early Q2 (April-June) will be driven entirely by the shutdown and is unlikely to be impacted by policy support.

    (Except for the headline, this story has not been edited by Kashmir Today staff and is published from a syndicated feed.)

  • Covid-19 | 14 new cases from Kashmir

    Today’s Update:

    14 new cases

    All from Kashmir Division

    Total cases now 314

    Jammu Division: 54 and Kashmir Division: 260

    Further details in daily bulletin @diprjk @MoHFW_INDIA @HealthMedicalE1

    – Tweeted Rohit Kansal

  • Sensex drops over 300 points; IT stocks tank

    Infosys was the top laggard in the Sensex pack, shedding up to 4%, followed by Kotak Bank, Hero MotoCorp, Tech Mahindra, Titan and Axis Bank.

    PTI

    Equity benchmark Sensex dropped over 300 points in opening trade on Thursday tracking losses in global markets as investors fretted over rising number of COVID-19 cases and its impact on the world economy.

    After hitting a low of 30,016.17, the 30-share index was trading 336.77 points or 1.11% lower at 30,043.04.

    Similarly, the NSE Nifty was quoting 81.10 points, or 0.91%, down at 8,844.20.

    Infosys was the top laggard in the Sensex pack, shedding up to 4%, followed by Kotak Bank, Hero MotoCorp, Tech Mahindra, Titan and Axis Bank.

    On the other hand, L&T, PowerGrid, Sun Pharma, Reliance Industries and ONGC were among the gainers.

    In the previous session, the BSE barometer ended 310.21 points or 1.01% lower at 30,379.81, and the Nifty settled 68.55 points, or 0.76%, down at 8,925.30.

    Foreign portfolio investors (FPIs) were net buyers in the capital market in the last trading session, as they bought equity shares worth ₹1,358.66 crore, according to provisional exchange data.

    According to traders, tepid start to the earnings season with weak results from Wipro hurt domestic market mood.

    The IT major posted 6% decline in net profit for March quarter that was battered by the fallout of COVID-19, and said it will not provide revenue forecast for the current quarter due to business uncertainty caused by the pandemic.

    The company’s shares were trading 0.48% lower from their previous close.

    Industry bellwether Tata Consultancy Services (TCS) is scheduled to announce its quarterly earnings later in the day. Its shares were down up to 1.58%.

    The BSE IT index was the worst hit, falling over 2%.

    Further, investors across the world are jittery over the economic outlook marred by mounting Covid-19 infections, they said.

    The death toll due to COVID-19 rose to 414, while the number of cases in the country climbed to 12,380.

    Global tally of the infections has crossed 20 lakh, with over 1.3 lakh deaths.

    Meanwhile, bourses in Shanghai, Hong Kong, Seoul and Tokyo were in the red.

    Stock exchanges on Wall Street ended significantly lower in overnight trade.

    Brent crude futures, the global oil benchmark, rose 1.66% to USD 28.15 per barrel.

  • Shiekh Imran shifted to police station from Central Jail

    Srinagar: Deputy Mayor Sheikh Imran was released from Srinagar Central Jail after over 8 months, sources said on Thursday.

    He was arrested along with other leaders after the abrogation of special status of Jammu and Kashmir in the first week of August last year.

    In December, last year the Anti-Corruption Bureau (ACB) took Imran into custody for questioning in connection with the illegal appropriation of the subsidy given to his company, Kehwa Square Pvt Ltd for setting up of a Controlled Atmosphere (CA) store, said the agency.

    After questioning, he was again shifted to MLA Hostel that fovernment has turned into a makeshift jail. From there he was sent to Srinagar Central Jail.

    Sources told KNT that Sheikh Imran was released from Srinagar Central Jail and taken to a police station.

    A police official at a police station denied his lodgment at the station. However, police sources confirmed that Shiekh Imran was released from Central Jail and shifted to a police station.

    Pertinently, during his confinement, Imran was removed from Deputy Mayor post following a no-confidence motion moved against him by corporators of the Srinagar Municipal Corporation. (KNT)

  • Ramp up testing, it’s our only weapon against coronavirus: Rahul Gandhi

    Claiming that lockdown is only a “pause button” and not a “solution”, Mr. Gandhi warned that the virus would spread again once the lockdown is removed

    PTI

    Congress leader Rahul Gandhi, on Thursday, urged the government to ramp up the testing for coronavirus. In a virtual press conference, the former Congress president offered various suggestions to the government to tackle the economic impact of the COVID-19 pandemic.

    “India’s testing rate is very low at 199 per million so far,” Mr. Gandhi noted urging the government to scale up the testing. “Our average testing has been roughly 350 tests per district. We should be able to ramp up testing. Also, random testing to get a good idea where the virus is moving. I am proposing to scale up testing and do a mapping of how the virus is moving,” he said adding that testing is our main weapon against the virus.

    Mr. Gandhi also urged the Prime Minister to empower the chief ministers and district-level authorities. “The approach should be bottom-up,” he said. He also wanted the Centre to disburse more cash to the States at the earliest.

    Mr. Gandhi also pitched for the NYAY scheme that was part of Congress manifesto in the 2019 general elections. “Put money in the accounts of the 20% poorest families,” he suggested and sought expansion of dry ration scheme even to those who do not possess ration cards.

    Mr. Gandhi also asked the government to form a plan for the MSMEs, which have been shut down due to lockdown. He also urged the government to focus on the public healthcare infrastructure.

    “The government should prepare an action plan to ramp up healthcare system including Public Health Centres,” he further suggested.

    Claiming that lockdown is only a “pause button” and not a “solution”, Mr. Gandhi warned that the virus would spread again once the lockdown is removed. He also said the Chief Ministers should decide when to relax or remove the lockdown. “We are a decentralised country. The response in Kerala is different from, say, in Uttar Pradesh,” he said.

    When asked where the Prime Minister went wrong, Mr. Gandhi replied: “I will give the answer the day we have beaten the coronavirus.”

  • Rupee plummets 43 paise to settle at all-time low of 76.87 against US dollar

    The Indian rupee tanked 43 paise to settle at an all-time low of 76.87 (provisional) against the US dollar on Thursday, amid rising concerns over COVID-19-led economic slowdown.

    PTI

    Forex traders said the weakness in the rupee was largely due to strengthening of the US Dollar against a basket of currencies as investors fled to safe haven greenback amid weakening risk appetite in the markets.

    At the interbank foreign exchange, the rupee opened weak at 76.75, and during the day lost further ground to settle at 76.87, registering a fall of 43 paise over its previous close.

    During the session, the rupee moved between 76.68 and a low of 76.87 against the dollar.

    On Wednesday, the rupee had settled at 76.44 against the greenback.

    Besides, investor sentiments remain fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as global economy.

    Brent crude futures, the global oil benchmark, rose 1.17 per cent to USD 28.18 per barrel.

    Foreign institutional investors (FIIs) were net buyers in the capital markets, as they bought shares worth ₹1,358.66 crore on Wednesday, as per provisional data.

    Domestic bourses were trading on a positive note with benchmark indices Sensex trading 334.06 points higher at 30,713.87 and Nifty up by 90.25 points at 9,015.55.

    The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose by 0.29% to 99.75.

  • Coronavirus | 89 quarantined in Delhi after pizza delivery man tests positive

    They include 72 people in houses of South Delhi where he made deliveries

    PTI

    A 19-year-old pizza delivery man has tested positive for novel coronavirus in Delhi, prompting authorities to quarantine a total of 89 people, including 72 people in houses of South Delhi where he made deliveries.

    “A total of 17 people, including the owner of the shop and other delivery boys, have been put under institutional quarantine. The shop has been shut,” said B.M. Mishra, District Magistrate (South Delhi).

    “72 people in houses where he made the delivery have been put under home quarantine. All these houses are within a 5-km radius of Malviya Nagar,” he added.

    Mr. Mishra said the delivery man used a mask and a pair of gloves while working and was currently under treatment in Rajiv Gandhi Super Speciality Hospital. “We are yet to ascertain how he got infected with the virus,” he said.

    The delivery man is a migrant worker from Uttar Pradesh.

  • Coronavirus lockdown | Police won’t harm farmers, govt. tells Supreme Court

    Bench puts on record the promise from the Solicitor-General

    PTI

    The Supreme Court on Wednesday recorded in its order the government’s undertaking that farmers and agricultural workers would not be harassed by the police and the authorities during the lockdown.

    A Bench, led by Justice N.V. Ramana, was hearing a petition filed by activist Swami Agnivesh, represented by senior advocate Colin Gonsalves, that the authorities were tormenting farm workers and blocking transport of agricultural produce, despite the guidelines issued by the Ministry of Agriculture on March 24 and 25 and then on March 28, exempting agriculture from the lockdown.

    Agnivesh said this would lead to food shortage, sky-rocketing of prices and hoarding, especially in the wake of the harvesting of Rabi crops.

    The Bench took note of the submission of Mr. Gonsalves that the government’s order of exemption was “not being fully implemented by the police”.

    Solicitor-General Tushar Mehta assured the Bench that there was “full monitoring and implementation of the guidelines” issued by the Ministry. Mr. Mehta said steps would be taken to ensure that the police followed the guidelines. The court recorded his assurances, on behalf of the government, before disposing of Agnivesh’s plea.

    The guidelines issued by the government, especially on March 28, exempted agricultural operations, transport of food produce and the functioning of mandis from the lockdown.

    However, the petition accused the police of mercilessly beating up farmers and farm workers. “If this continues, the harvesting will severely be affected, farm produce will rot on the fields — as indeed is the case for vegetables and tea — and food shortage may begin. Similarly, in tribal areas, the governments are grossly interfering with the rights of tribal and non-tribal forest-dwellers to access forest produce in accordance with the Forest Rights Act,” the petition said.