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China President Xi Jinping says to boost investments, employment China will step up investment in various sectors including 5G, artificial intelligence, transport and energy and boost employment, President Xi Jinping said on Thursday, as the world’s second-largest economy reels from the coronavirus epidemic. The official Xinhua news agency reported that Xi, speaking during a visit to northwestern Shaanxi province, said the long-term trend of improvement in the Chinese economy has not changed but said Beijing will take steps to boost the real economy, especially the manufacturing sector. Xi said Beijing will focus on the employment of college graduates, migrant workers...

Chris Wood says lockdown disastrous for Indian economy Lockdown in countries like India and Indonesia are more disastrous for human welfare and economies since there is no help for small businesses nor are there unemployment benefits, said Christopher Wood, Global Head of Equity Strategy at Jefferies. In the latest weekly note Greed & Fear, Wood said the situation in countries like India and Indonesia is in contrast with the US where the Small Business Administration’s Paycheck Protection Programme will provide up to $349 billion in forgivable loans to small businesses to pay their employees for eight weeks during the health...

Both Covid-19 patients test negative, Tripura free from coronavirus, says CM Biplab Deb Tripura Chief Minister Biplab Kumar Deb on Thursday said the state has become free from coronavirus disease Covid-19 after its second patient tested negative. “ …The second corona patient of Tripura has been found NEGATIVE after consecutive tests. Hence, our State has become Corona free. I request everyone to maintain Social distancing and follow Government guidelines. Stay Home Stay Safe,” Deb tweeted. Out of the two Covid-19 patients, the first one – a woman – was released from the isolation ward of a hospital in Agartala on...

Arnab Goswami gets interim relief for three weeks from SC in FIRs against him The Supreme Court on Friday granted Republic TV Editor-in-Chief Arnab Goswami interim protection for three weeks and ruled that no coercive action will be taken against the journalist till then, Bar and Bench reported. Goswami can move an anticipatory bail application during the three weeks, it said. A bench of Justices DY Chandrachud and MR Shah made the observations while hearing a petition filed by Goswami seeking no coercive action should be taken on the first information reports filed against him in various states for allegedly defaming Congress President Sonia Gandhi....

Donald Trump suggests injecting disinfectants, bringing UV light ‘inside body’ to kill coronavirus President Donald Trump has suggested the possibility of studying injecting disinfectants into coronavirus (COVID-19) patients or bringing UV light “inside” their bodies to kill the deadly virus, drawing immediate flak from American health experts who urged people not to listen to such “dangerous” advice. Launching a new scientific study conducted by his department, Homeland Security for Science and Technology Under Secretary Bill Bryan on Thursday said the coronavirus dies at a much more rapid pace when exposed to sunlight and humidity. “The virus dies the quickest in direct sunlight....

Australia backs India’s call for WHO reform post Covid-19 crisis, says envoy-designate Australia supports India’s call for the reform of the World Health Organization (WHO) once the world has overcome the Coronavirus crisis as part of efforts to shape the post Covid-19 global order, Australian high commissioner-designate Barry O’Farrell said on Friday. O’Farrell acknowledged Covid-19-related lockdowns and travel restrictions across the region had impacted the repatriation of Australian citizens stranded in India, but said more than 2,000 of them had already been flown back on five flights, and more would return on four flights next week. In an interview with...

China ‘will pay a price’ for causing ‘huge challenge’ for global economy, says Mike Pompeo China has come under increasing pressure from nations across the world, including the US, over the lack of transparency in its handling of the coronavirus pandemic, which has so far claimed more than 190,870 lives globally, with America leading the tally with nearly 50,000 deaths. Blaming China for the coronavirus pandemic, US Secretary of State Mike Pompeo said it has caused a “huge challenge” for the global as well as the US economy by not sharing the information they had and the ruling Communist Party “will...

‘This is like a world war’: Bill Gates on coronavirus NEW DELHI : Microsoft co-founder and philanthropist Bill Gates today said that the fight against coronavirus pandemic is like a world war. “The coronavirus pandemic pits all of humanity against the virus. The damage to health, wealth, and well-being has already been enormous. This is like a world war, except in this case, we’re all on the same side,” Bill Gates said. “Melinda and I grew up learning that World War II was the defining moment of our parents’ generation. In a similar way, the COVID-19 pandemic—the first modern pandemic—will define...

Hyderabad cop pays man’s hospital bill, gets thank you letter from Himachal CM It was a pleasant surprise for BL Laxminarayana Reddy, inspector of police at Kukatpally in Hyderabad, when he received a letter from Himachal Pradesh chief minister Jai Ram Thakur thanking him for his timely help to a resident of the hill state. Thakur lauded Reddy for saving the life of Lalit Kumar, 30, from Lalyar village in Hamirpur district in Himachal Pradesh, by not only admitting him in the hospital after a medical emergency last week but also footing the entire bill. “In this difficult situation, you...

Sachin Tendulkar will not celebrate 47th birthday as mark of respect to COVID-19 warriors The legendary Sachin Tendulkar, who will turn 47 on Friday, has decided not to celebrate his birthday this year as a mark of respect to the frontline workers leading India’s fight against the COVID-19 pandemic. “Sachin has decided that this is not the time for celebrations. He feels that this is the best tribute he can pay to all the doctors, nurses, para-medics, policemen, defence personnel, who are at the frontline,” a source close to the player told PTI on Wednesday. Tendulkar has already contributed a...