AHMEDABAD: A Covid-19 patient on oxygen support is helped by a health worker inside an ambulance while waiting for admission in a hospital on Monday. India’s total Covid-19 caseload neared 20 million and oxygen shortages exacerbated a devastating second wave. AFP
NEW DELHI: India’s total Covid-19 caseload neared 20 million and oxygen shortages exacerbated a devastating second wave on Monday, as the EU proposed new rules that could allow travellers who are fully vaccinated to enter the bloc.
According to AFP, cases have soared by around eight million since the end of March, with Indian Prime Minister Narendra Modi under growing pressure to take decisive action to reverse the surge.
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Sputnik International
Indiaâs richest banker Uday Kotak, who heads the Confederation of Indian Industry, urged the government to deploy the military to help care for patients and to take the âstrongest national steps including curtailing economic activity to reduce suffering.â âWe must heed expert advice on this subject from India and abroad,â he said.
This represents a shift from Indiaâs top business leaders. In April, a survey of the confederationâs members showed they were against lockdowns and wanted swift vaccination. In the past month however, the collapsing health infrastructure and mounting death toll has revealed the extent the crisis. A lack of adequate vaccine doses has only added to the chaos.
TOP NEWS SUMMARY: Saudi Aramco reports 30% rise in quarterly income
Tue, 4th May 2021 10:58
(Alliance News) - The following is a summary of top news stories Tuesday.
COMPANIES
Saudi Arabian Oil Co said income grew by almost a third in the first quarter of 2021. Aramco, based in Dhahran, said net income was USD21.7 billion for the first quarter of 2021, a 30% increase from USD16.7 billion a year prior, primarily driven by a stronger oil market and higher refining and chemicals margins, partly offset by lower production. Saudi Aramco reported average total hydrocarbon production of 11.5 million barrels per day of oil equivalent in the first quarter of 2021, including 8.6 million barrels per day of crude oil. Cash flow from operating activities and free cash flow was USD26.5 billion and UDS18.3 billion, respectively, in the first quarter, while first quarter capital expenditure stood at USD8.2 billion. The company declared a dividend of USD18.8 billion for the first quarter, to be p
“We need more urgent action by the Administration to remove any objection to the [waiver] and permit sharing of the intellectual property required for vaccine manufacturing to get underway immediately,” the lawmakers said. “To underscore the need for action now, we hope that more taxpayers, public interest advocates, religious and business leaders will join our call on the Administration. With an increasing public outcry, the Administration must act.”
Top administration officials were also pressed on the issue during the Sunday talk shows.
White House chief of staff Ron Klain
“We’re going to have more to say about that in the days to come,” he said when asked about Biden’s position.