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Aug 25, 2020 05:50 PM IST | Source: Moneycontrol.com
Coronavirus India News LIVE Updates: Irresponsible people not wearing masks are driving pandemic in India, says ICMR
Coronavirus India News LIVE Updates: Total confirmed cases have surged past 31 lakh. India’s COVID-19 recovery rate stands at 75.92 percent.
Coronavirus India News LIVE Updates: Today is the 155th day since India implemented a nationwide lockdown, to help curb the novel coronavirus pandemic. So far, India has recorded 31,67,323 confirmed COVID-19 cases, including 58,390 deaths. Maharashtra, Tamil Nadu and Andhra Pradesh have reported the highest number of cases. However, infections are rising rapidly in states like Karnataka, Uttar Pradesh and West Bengal. Yet, India’s recovery rate continues to rise and now stands at 75.92 percent. 'Unlock 3.0' is underway. Globally, there have been over 2.35 crore confirmed cases of COVID-19. More than 8.11 lakh people have died so far. Catch the latest updates here:
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Coronavirus in India LIVE Updates | Difficult to accurately assess economic impact of COVID-19: RBI
The Reserve Bank on Tuesday said it is difficult to accurately assess the economic impact of COVID-19 pandemic as the dynamics are still evolving.
"COVID-19's epidemiological dynamics are still rapidly evolving in India, rendering difficult an accurate assessment of its full macroeconomic effects," RBI said in its annual report.
It said dynamic stochastic general equilibrium (DSGE) model built on New Keynesian foundations provides a tentative and proximate assessment of the likely impact of COVID-19 and the subsequent lockdown on the Indian economy.
Because of lockdown, households have to stay at home and therefore, reduce labour supply to firms; consumption falls due to non-availability of non-essential items and fall in income; and restricted people-to-people contact stalls the momentum of the pandemic, it said. (PTI)
Coronavirus in India LIVE Updates | Balram Bhargava, DG, ICMR: Irresponsible, less cautious people who are not wearing masks are driving the pandemic in India.
Coronavirus in India LIVE Updates | Health Ministry: India and Russia are in communication on Sputnik V. Initial info has been shared by Russia with India on Sputnik V vaccine.
Coronavirus in India LIVE Updates | Balram Bhargava, DG, ICMR: ICMR sero survey is publication in-progress. It should appear by this week in the Indian Journal of Medical Research. It has been peer reviewed.
Coronavirus in India LIVE Updates | Health Ministry: The COVID-19 mortality rate in India stands at 1.58 percent which is one of the lowest in the world. In the last 24 hours, the number of active cases has reduced by 6,400.
Coronavirus in India LIVE Updates | Health Ministry: Today, the recovered cases are 3.4 times more than the active cases in the country. Active cases are only 22.2 percent of the total cases. The recovery rate is now more than 75 percent.
Coronavirus in Madhya Pradesh LIVE Updates | Indore records highest single-day spike of 265 COVID-19 cases
With the detection of 265 fresh cases, Indore recorded its highest single-day spike on Tuesday that took the district's COVID-19 tally to 11,673, an official told news agency PTI.
According to officials, the health department has been ramping up treatment facilities for critical patients in hospitals to ease the pressure on intensive care units.
Indore is Madhya Pradesh's worst-hit district from COVID-19.
Coronavirus in Rajasthan LIVE Updates | Six more deaths recorded in Rajasthan
Rajasthan recorded six more fatalities due to the novel coronavirus today, taking the COVID-19 death toll in the state to 973, according to a health department official. The state also reported 695 new cases of the virus. The total number of people infected by COVID-19 now stands at 72,650 in Rajasthan and out of these 14,883 people are under treatment. (PTI)