Why even with vaccines, Covid will always be with us

1. Can Covid be eradicated? No. So far, only one human disease — smallpox — has been officially eradicated; that is, reduced to zero cases and kept there long-term without continual countermeasures. That was thanks to a highly effective vaccine plus the fact that humans are the only mammals naturally susceptible to infection with the … Read more

Covid death: Companies continue pay, support kids’ education

More companies have rolled out a Covid support policy for families of employees claimed by the infection. India’s largest metal producer Tata Steel announced that it will continue to pay salary to the deceased employee’s family till the retirement age of 60 years. The salary will be the same as his last compensation which he … Read more

Deloitte has designed programme that can be scaled in Covid fight, says CEO

Deloitte, one of the Big Four accounting organisations, has developed “a very innovative, simple, fit-for-purpose programme” in the fight against COVID-19 that can be scaled up in a quick span of time, its CEO Punit Renjen said on Monday. “We have designed, I believe, a very innovative, simple, fit-for-purpose programme that is integrated,” Renjen told … Read more

Floating bodies, sinking states

Politics and economics are at the heart of the Covid tragedy in UP and Bihar. The misery is a result of voting in the name of religion, caste and nationalism     Corpses floating down the Ganga and the Yamuna, shallow-buried or merely strewn on their banks in Covid-stricken Uttar Pradesh and Bihar will remain … Read more

The 44-year-old successor to billionaire ‘Bond King’ Bill Gross is retiring early to go on road trips with his kids. ‘The pandemic has caused everybody to reevaluate.’

Nick Maroutsos, head of global bonds at Janus Henderson Investors, told Bloomberg he will retire in October. The 44-year-old said the pandemic had made him reevaluate his life. He wanted to spend time with his kids, he said. Maroutsos took over from legendary billionaire “Bond King” Bill Gross in 2019. See more stories on Insider’s … Read more

Over 300 pharma, healthcare companies eligible for new Covid loans

As many as 354 Crisil-rated companies, predominantly pharmaceutical firms and hospitals, with an aggregate bank exposure of Rs 40,000 crore will be eligible for Covid loans from lenders under RBI’s liquidity facility.   Though pharmaceutical firms account for 68 per cent of rated bank exposure, hospitals (about 24 per cent of rated exposure) are likely … Read more

Vaccitech, startup behind Oxford Covid vaccine tech, falls 20% in Nasdaq debut

American depositary shares of Vaccitech fell nearly 20% in their Nasdaq debut on Friday, giving the co-inventor of the Covid-19 vaccine developed by AstraZeneca Plc and Oxford University a market value of about $464 million. The biotech firm’s shares opened at $13.62, below the initial public offering (IPO) price of $17 apiece for 6.5 million … Read more

Borosil unveils COVID-19 relief for staff

Borosil Ltd. and Borosil Renewables Ltd. said the event of an employee losing life due to Covid-19, his/her family will continue to receive the salary for the next two years (in addition to all the other benefits they are entitled to). “The company will also take care of the education of the children till their … Read more