The highest-ever recorded spike of 29,429 new Covid-19 cases and 582 deaths was reported in the last 24 hours in India Total positive cases stand at 9,36,181 including 3,19,840 active cases, 5,92,032 cured/discharged/migrated and 24,309 deaths, said the Ministry of Health
The recovery rate among patients has increased to 63.20%. The recoveries/deaths ratio is 96.05%: 3.95% now. Total positive cases stand at 9,36,181, including 3,19,840 active cases, 5,92,032 cured/discharged/migrated and 24,309 deaths.
Union Minister Nitin Gadkari, speaking at a webinar said – “Experts are predicting a budget deficit of 10 lakh crore with Central and state government next year. We need to plan how we can increase liquidity in the market and that is a crucial challenge for the Indian economy.”
He added – “Our economy is facing lot of challenges and we need to find solution to accelerate growth. GDP and per capita income expectations are not very good. It’s time we need to change economic situation,for that we need support from government and cooperation from entrepreneurs.”
Indian pharmaceutical company Zydus said on Wednesday it has started human studies for its potential Covid-19 vaccine, as coronavirus infections continue to surge in the world’s third worst-hit nation.
US biotech firm Moderna said Tuesday it would enter the final stage of human trials for its COVID-19 vaccine on July 27, to test how well it protects people in the real world. The announcement came as the results from an earlier trial intended to prove the vaccine was safe and triggered antibody production were published.
India is among many other countries like Russia, China, US and UK fast-tracking processes to develop a vaccine for Covid-19, the ICMR director general Balram Bhargava said, underlining the important role of India as the supplier of 60% vaccines administered across the world.