Indian companies face prolonged earnings downgrades after lockdown

Narendra Modi India pandemic economy Coronavirus

21.04.2020 - 03:03

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As the outlook for Indian corporate profits grows increasingly murky under the influence of the coronavirus pandemic, analysts are hunkering down for a protracted series of forecast cuts.

Asia’s third largest economy is set for a near-complete disruption of economic activity for at least 40 days after Prime Minister Narendra Modi extended a nationwide lockdown to prevent the spread of the virus.

This has further clouded the prospects for a recovery in company earnings. The NSE Nifty 50 Index is still down 24% for the year despite recovering since late

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Canadian military investigating officer who opposed COVID-19 mandates

The Canadian Armed Forces is now investigating Maj. Stephen Chledowski, after the actively serving army officer released a new video denouncing COVID-19 measures.

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Founder of Philly Fighting COVID agrees to destroy personal health data collected during clinic debacle

Andrei Doroshin PHILADELPHIA - A graduate student in psychology whose COVID-19 vaccine operation got shut down by Philadelphia last year has settled with the state attorney general's office and agreed to destroy all personal health information his start-up gathered.The agreement was filed Friday in Commonwealth Court and requires a judge's approval to take effect.Central to the accusations against Andrei Doroshin, who had almost no public health experience when the city gave him the task, was that he had intended to profit from the vaccine operation run by his start-up, called Philly Fighting COVID.Mayor Jim Kenney says Philly Fighting COVID was a mistake after the Inspector General found no malice, no ill-intent, and no one seeking personal gain.Doroshin denied the allegations by the attorney general's office, including violating the state's nonprofit corporation law.Under the agreement, Doroshin and his associates are barred from managing charitable assets or soliciting charitable donations in Pennsylvania for 10 years.Doroshin also must destroy the personal health information gathered through the vaccine pre-registration service and is barred from receiving any financial benefit from the information or the vaccine.Doroshin must also dissolve Philly Fighting COVID.City officials said they gave him the job because he and his friends had organized one of the community groups that set up COVID-19 testing sites throughout the city in 2020.But they shut the vaccine operation down once they learned that Doroshin had switched his privacy notice to potentially sell patient data.

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‘Domino Masters’: Meet the 16 teams competing in 1st-ever season on FOX

LOS ANGELES - It’s time to meet the domino-toppling trios competing in the first-ever season of "Domino Masters." Hosted by Emmy Award-winning actor Eric Stonestreet ("Modern Family"), the series will feature teams of domino enthusiasts facing off in an unbelievable chain reaction tournament. DOMINO MASTERS: The all-new competition series DOMINO MASTERS premieres Wednesday, March 9 (9:00-10:00 PM ET/PT) on FOX. © 2022 FOX Media LLC. CR: Ray Mickshaw/FOX.

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Billionaire's trip to space raises $125M to St. Jude hospital

Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. The charitable sector should hope that billionaire Jared Isaacman keeps seeking new adventures.Isaacman, who turned a payments-processing firm he started as a teenager into a multibillion-dollar company, periodically indulges his passion for aviation with head-turning flights.

Elon Musk Jared Isaacman hospital donates spaceX

City of Edmonton will not implement its own municipal COVID-19 vaccine passport

Many members of Edmonton city council don’t agree with the removal of the provincial Restriction Exemption Program. Friday they decided on how the city will be moving forward measures. Sarah Komadina has the details

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Truck drivers voice mixed reaction to convoy efforts

As protesters dig in their heels at border crossings and the nation’s capital, many truck drivers continue hauling shipments across the province. Shallima Maharaj heard from some of them at a stop north of Toronto.

Wendy Williams Denies 'All Allegations' About Her Mental Health Amid Bank Battle

Wendy Williams is firing back at Wells Fargo over claims she's the victim of «financial exploitation,» saying «she is fine» and «she is of sound mind.»In a statement to ET, Williams' lawyer, LaShawn Thomas, said on Friday that «Wendy wants the world to know that she strenuously denies all allegations about her mental health and well-being.» Thomas also offered details as to why Williams is in a legal battle with Wells Fargo.«Wendy had to unfortunately bring this action because Wells Fargo has refused to honor her Power of Attorney, granting her son authority to make inquiries to the bank on Wendy's behalf,» the statement read.

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COVID-19 vaccination shuttle buses now in service in Montreal

COVID-19 vaccination clinics in districts where rates are well below the Quebec average.Officials are hoping to increase the inoculation levels against COVID-19 in areas like Saint-Léonard and Montréal-Nord, where the vaccination levels are below 75 per cent (according to the latest data) while on average, 82 per cent of the Quebec population is considered adequately vaccinated.The shuttle buses run free of charge and take people to clinics in Saint-Léonard, Montréal-Nord, Ville-Émard and LaSalle. Health-care officials are hoping people with limited mobility and those who may have other appointments will get their first, second or booster shot of the COVID-19 vaccine.

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More than 57,000 boosters given yesterday; 454 community cases; 27 in hospital

Tairāwhiti has reached two vaccination milestones today; their eligible population reached 90% fully vaccinated –the 18th DHB to do so – and it’s eligible Māori population reached 90% first doses.

New Zealand covid-19 testing vaccine

Ontario declares state of emergency amid ongoing protests

Premier Doug Ford denounced the protests both in the nation’s capital and on the border in Windsor Friday. While putting measures in place in a bid to move them along, the premier also attracted unwanted attention after a snowmobile trip and a secret recording.

Doug Ford county Windsor reports Matthews

Philadelphia high school offers students hands-on farming classes

PHILADELPHIA - At The Saul High School traditional learning is only the beginning, students also have the opportunity to participate in real-life farming."This is a dairy science class at Saul High School, it’s an Animal Science Class. We’ve been doing this for 50 or 60 years where we produce our milk, and then it’s been shipped to Land O'Lakes," said Jane Arbasak, Farm Manager with Saul High School.Enejha Dozier is a Senior at Saul High School and said this unique program helped fuel her passion."Yes, it definitely did, for the better.

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Man found shot in Kensington driven to hospital by officers, police say

Police found a 36-year-old man shot inside a Jeep and drove him to the hospital in critical condition. PHILADELPHIA - Philadelphia police officers responding to reports of a shooting found a man badly wounded inside a car and rushed the victim to an area hospital. According to investigators, the shooting happened on the 1800 block of East Allegheny Avenue in Kensington around 6:30 p.m.

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B.C. reports 846 people in hospital with COVID-19 related illness, fewest cases in hospital since mid-January

Legislative bureau chief Keith Baldrey has the daily COVID-19 update on Friday, February 11, and how B.C. officials could be setting the stage to remove restrictions on Tuesday.

Keith Baldrey hospital covid-19 reports

1,566 Albertans in hospital with COVID-19 on Friday, 23 new coronavirus deaths

COVID-19 receiving care in hospital on Friday, with 127 of them in intensive care units.That’s compared to 1,586 in hospital on Thursday, with 126 people in the province’s ICUs. Reality check on Alberta politicians’ statements on schools, COVID-19 transmission and vaccines On Tuesday, Premier Jason Kenney announced his plan to relax COVID-19 measures.

Jason Kenney Jason Copping city Ottawa hospital covid-19 vaccine

Injunction granted to prevent protesters from blocking Ambassador Bridge

Ambassador Bridge border crossing in Windsor, Ont.Chief Justice Geoffrey Morawetz says the injunction will take effect at 7 p.m.He has asked a lawyer representing the Automotive Parts Manufacturers’ Association, which applied for the injunction, to send him a draft of an order.

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TSA 'highly concerned' with number of guns found on travelers at Philadelphia airport last year

PHILADELPHIA - The Transportation Security Administration at Philadelphia International Airport said it’s "highly concerned" about the number of firearms it took from passengers last year.Federal Security Director Gerardo Spero reports that the agency scanned around eight million passengers in 2021 and confiscated 39 weapons. That figure far outpaces the number of firearms the agency confiscated in the previous two years.Spero said he does not know what motivates people to carry guns to the airport, but he knows "guns and airports don’t mix."The TSA demonstrated for reporters Friday how a pistol can be safely transported by air.

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Ontario under state of emergency as police prepare for third weekend of convoys

Ontario’s premier has called a state of emergency following days of blockades at the country’s largest border crossing. This move is applauded by federal officials who are asking protesters to go home as police forces expect demonstrations across the country to ramp up over the weekend.

Covid booster efficacy wanes substantially by fourth month - study

The efficacy of third doses of the Pfizer and Moderna mRNA vaccines wanes substantially by the fourth month after administration, a new study by the US Centers of Disease Control and Prevention has said.

Anthony Fauci Joe Biden Usa World Coronavirus

AirTag stalking: Apple cracking down on unwanted tracking

AirTag clipped onto a bag. Apple announced it’s cracking down on unwanted tracking among AirTag users, according to a company news release. AirTags launched last April for $29 apiece and allows users to keep track of their personal items, such as keys, wallets, purses, backpacks and luggage through Apple's "Find My' app. But the seemingly harmless tool is being used by some to stalk people and even commit car thefts. Police departments have called this recent string of crimes "AirTag stalking." "We’ve become aware that individuals can receive unwanted tracking alerts for benign reasons, such as when borrowing someone’s keys with an AirTag attached or when traveling in a car with a family member’s AirPods left inside," the tech giant wrote in an update on its website Thursday.

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How Muhammad Ali, African American Muslims established Houston’s most historic mosque

HOUSTON - It’s no secret Houston has a bustling Muslim population with residents stemming from all walks of life. There’s a rich tapestry of work focusing on the legacy left behind by Muslims in this city, yet little has been touched on when it comes to African American efforts. For example, Houston’s oldest and most historic mosque, Houston Masjid Al-Islam, located in the 6600 block of W Bellfort Ave.

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What is bebtelovimab? US authorizes new antibody drug to fight omicron

A monoclonal treatment site located in a tent is closed for patients on January 25, 2022 in Sunrise, Florida. (Photo by Joe Raedle/Getty Images) WASHINGTON - U.S. health regulators on Friday authorized a new antibody drug that targets the omicron variant, a key step in restocking the nation's arsenal against the latest version of COVID-19.The Food and Drug Administration said it cleared the Eli Lilly drug for adults and adolescent patients with mild-to-moderate cases of COVID-19.

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MRI hours at Saskatoon hospital reduced due to ‘recent critical shortage’: SHA

MRI department at Royal University Hospital has decreased to the point where health officials have decide to scale back hours of operation, creating concerns about wait times for the service.A memo sent earlier this week to Saskatoon physicians and staff within the Saskatchewan Health Authority (SHA) cites “ongoing recruitment challenges” due to a “recent critical shortage of MRI technologists.” Saskatchewan moves to end COVID-19 public health orders The shortage means the department at RUH will only operate from 7:30 a.m. to 4 p.m.

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COVID-19 Scan for Feb 11, 2022

A new study on outcomes among infants whose mothers received the Pfizer-BioNTech mRNA vaccine in pregnancy showed that no detrimental outcomes were associated with maternal vaccination, including preterm birth, small birth weight for gestational age (SGA), congenital malformations, and infant death.It was published yesterday in JAMA Pediatrics.The po

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Eagerly awaited COVID lifesavers molnupiravir, Paxlovid now wait for patients

Supplies of the eagerly awaited oral COVID-19 antiviral prescription medications are slowly arriving at US pharmacies, but despite strong evidence that they can help reduce symptoms and prevent severe illness, federal data and experts suggest that many patients don't know about them or don't want to take them.

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COVID-19 vaccine for kids under 5 delayed as Pfizer extends trial

In a sudden turnabout, Pfizer and BioNTech today announced they were delaying the application process for an emergency use authorization (EUA) for their vaccine for children ages 6 months to 4 years old, and gathering more information on two and three doses of the vaccine.

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New Jersey court dismisses officers' union vaccine mandate suit

FILE - RN inoculates a woman at a COVID-19 vaccine. TRENTON - A New Jersey appeals court rejected a lawsuit from law enforcement unions challenging Gov.

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Despite decline in patients, Waterloo hospitals remain ‘under great pressure’: Wang

COVID-19 patients in area hospitals continues to decline but that has not relieved the pressure on hospitals, according to the region’s top doctor.According to Friday’s dashboard update, there are 75 patients in the three hospitals in Waterloo Region, including 20 who are in need of intensive care. Premier Doug Ford declares state of emergency amid protests at land border and in Ottawa Three weeks ago, on Jan.

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COVID-19: Wastewater shows decline of virus in Waterloo Region may have hit a wall

COVID-19 wastewater signal in the last few weeks has slowed or plateaued at all sites,” medical officer of health Dr. Hsiu-Li Wang told reporters on Friday morning.

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Ambassador Bridge protest blockade disrupts car manufacturing sector

As protesters remain at the Ambassador Bridge, the blockade disrupting the busiest border crossing between Canada and the U.S. is taking a toll on economies on both sides.

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Covid-19 Ayrshire: List of next week's vaccination drop-ins as residents urged to roll up sleeves for jabs

Ayrshire residents are being urged to roll up their sleeves for Covid-19 vaccination jabs.

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Ontario on track to remove ‘almost all restrictions’ on businesses ‘very soon,’ Doug Ford says

Doug Ford says the province is on track to “very soon” lift “almost all” COVID-related restrictions on businesses.The premier made the remarks during a press conference Friday morning, where he declared a state of emergency in the province due to ongoing protests and blockades, sparked by opposition to COVID-19 measures.Ford said he understands many people are frustrated, but urged the “illegal occupation” in Ottawa and at the Ambassador Bridge in Windsor to end.“There’s no doubt these were the right decisions,” Ford said of his government’s move to impose measures in a bid to combat COVID-19. Timeline to lift all COVID-19 measures in Ontario coming soon, top doctor says “There’s no doubt they protected our hospitals from collapse and saved lives.

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COVID-19: MLHU reports 3 deaths, LHSC has 87 COVID inpatients

Middlesex-London Health Unit reported three deaths and 117 COVID-19 cases on Friday, compared with three deaths and 122 cases last Friday.The deaths involved three women in their 70s, 80s and 90s. The woman in her 90s was associated with a long-term care home. LHSC, meanwhile, is caring for 87 inpatients with COVID-19, 20 of whom are in adult critical care.As noted, LHSC is caring for 87 COVID-19 inpatients, with 20 inpatients in adult critical care.

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With low COVID vaccine uptake, rural US bore brunt of Delta surge

Rural US counties with low COVID-19 vaccination rates had 2.4 times more infections per 100,000 people than urban counties amid the summer 2021 Delta surge, according to a study published yesterday in JAMA Network Open.

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Reality check on Alberta politicians’ statements on schools, COVID-19 transmission and vaccines

#AbEd #AbLeg pic.twitter.com/NIDW973Tg0— Adriana LaGrange (@AdrianaLaGrange) February 10, 2022Dr. Chris Mody, head of the department of microbiology, immunology and infectious disease at the University of Calgary, said there’s no data to suggest children “pose absolutely no threat” as the education minister claimed.However, Mody said the correlation between symptom severity and viral load taken with the observations that children tend to have less severe symptoms could mean children have less viral load with a COVID-19 infection, with a caveat.

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Economic revival, fight against coronavirus key focus areas, says PM Modi

NEW DELHI : Prime Minister Narendra Modi stressed on the need to gradually bring the battered economy back to life after a crippling coronavirus lockdown in his meeting with the state chief ministers on Monday. This comes in the backdrop of many states arguing that lifting restrictions too soon could risk a deadly resurgence.

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Modi interacts with CMs on covid crisis, most favour lockdown extension in affected areas

NEW DELHI : India will continue with a calibrated approach to put its battered economy back on track and restore supply chains which have been ravaged by the covid-19 pandemic and consequent lockdown.

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Coronavirus update: Will India extend the lockdown? PM Modi talks to chief ministers over COVID-19 strategy

As India enters the final week of nationwide lockdown, the Prime Minister Narendra Modi meets the chief minister today via a video conference to discuss the road ahead. The total number of coronavirus cases has climbed to 27,892 today, according to ministry of health and welfare. This will be the fourth such meeting between PM Narendra Modi and state chief minister since the outbreak emerged. The high level meeting is expected to discuss "graded" exit strategy from the lockdown, according to a report in PTI. India is under nationwide lockdown till May 3 to mitigate the spread of the virus.

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PM Narendra Modi to hold review meet with CMs today over lockdown extension

NEW DELHI : Prime Minister Narendra Modi is expected to hold a meeting with chief ministers on Monday to review the nationwide lockdown and steps required to further contain the spread of the covid-19 pandemic.

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PM to interact with CMs on Monday to discuss way out of lockdown, Covid-19 fight

This will be the third video conference of the prime minister with the chief ministers after the spread of the COVID-19 in the country

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Anxiety and angst as Indians mark one month of lockdown amid Covid-19 outbreak

New Delhi: It has been a month. Of life slowing to a crawl, of going back to the basics, of recalibrating equations with family, friends and colleagues and waking up, as if from a dream, to the vast inequalities and commonalities that underlie Indian society.

Narendra Modi city New Delhi India covid-19 pandemic Coronavirus

Without lockdown, India's Covid-19 cases would have been around 100,000: Govt

New Delhi: The government said on Friday the nationwide lockdown announced by Prime Minister Narendra Modi was a timely step, without which there would have been an estimated one lakh COVID-19 cases in India by now.

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PM Modi highlights steps taken to help most vulnerable sections during lockdown

New Delh: Prime Minister Narendra Modi on Thursday shared a finance ministry tweet to highlight steps taken by his government to help the "most vulnerable" sections of society during the coronavirus-induced lockdown.

Narendra Modi Government

Parents name baby ‘Sanitiser’ in midst of coronavirus lockdown

A newborn baby has the perfect name to encapsulate the coronavirus pandemic.

Narendra Modi Yogi Adityanath India city Sanitiser covid-19 Coronavirus Babies

Factories tip-toe back to work with caution after govt partially lifts lockdown

Prime Minister Narendra Modi doubled the duration of the initial 21-day lockdown but allowed farmers and certain industries outside virus hotspots to resume operations from Monday.

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Dairy shares surge as India drinks more milk to improve immunity during lockdown

Heritage Foods Ltd. and Parag Milk Foods Ltd. are almost doubling in market value as sales of packaged milk pick up pace with Indians stocking up to survive the world’s biggest lockdown.

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Tourists stranded in India during coronavirus lockdown found living in cave

On March 24, Indian Prime Minister Narendra Modi ordered the biggest lockdown in history – 1.3 billion people effectively confined to their homes for three weeks.

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Realme reconsidering 21 April Narzo launch after MHA order

In the past week, Realme had announced that they will be launching the new Narzo smartphone series in India. The launch date was set for 21 April but the new order by Ministry of Health Affairs has created uncertainty about the launch date. Earlier, the company had planned to start selling their smartphones after the govt had initially planned to resume sale and purchase of even non-essential items through e-commerce sites.

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Covid-19: No relaxation of lockdown in Delhi, says Kejriwal

NEW DELHI: Delhi chief minister Arvind Kejriwal on Sunday announced that there will be no relaxation in lifting of the lockdown from 20 April as the number of coronavirus (covid-19) cases continue to rise in the national capital. Kejriwal said the state government will review its decision after a week.

Narendra Modi Arvind Kejriwal city New Delhi India city Delhi testing Government patient Coronavirus

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Indian companies face prolonged earnings downgrades after lockdown

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