General Trading Chat

[Dr. Jan Itor]

World Bank sees FY21 India growth at 1.5-2.8%, slowest since economic reforms 30 years ago

https://www.thehindu.com/business/w...0-years-ago/article31322011.ece?homepage=true

However, in interviews of Raghuram Rajan and Harsh Mariwala, both of them called this an optimistic assessment.

IMF cuts India GDP growth to 1.9%, projects sharp contraction in global economy
Asia only region to see positive growth in 2020; globally, worst recession since Great Depression

https://www.thehindubusinessline.co...bal-economy/article31340272.ece?homepage=true

Barclays says 0% growth for India. Still better than global growth.

 

[soft_trader]

https://www.thehindu.com/news/natio...-the-people-of-india/article31335762.ece/amp/

What’s the fuss all about?

 

[soft_trader]

‘Rice ATM’ feeds Vietnam’s poor amid lockdown

https://timesofindia.com/world/rest...or-amid-lockdown/amp_articleshow/75132052.cms

 

[AJK]

IMF cuts India GDP growth to 1.9%, projects sharp contraction in global economy
Asia only region to see positive growth in 2020; globally, worst recession since Great Depression

https://www.thehindubusinessline.co...bal-economy/article31340272.ece?homepage=true

Barclays says 0% growth for India. Still better than global growth.

I personally feel, once this is over, even if it takes time, everything will go back to where they were or even bigger and higher than what they were last time.. The growth of a country or economy doesn't actually depend on the indicators on chart.. It stems and flourish from the hearts of countrymen... intellectuals, business minds, legends and legends-to-be in a country... Collectively, i feel the graphs will go back up, beyond its last highs.. only a matter of time..

 

[Dr. Jan Itor]

President Trump halts funding of WHO for the time being, to conduct a review of it's mismanagement of the Corona Virus issue and it's role in the coverup. - Today's PC.
P.S: Bitter attack on China too. May indicates that he is expecting a big spike in coming week.

 

[Raj232]

Across India migrants protest, clamour to be allowed to go home ..

Protests broke out in Mumbai, Hyderabad :

In Mumbai’s Bandra (W) and Mumbra, migrants came out in protest of lockdown extension hours after PM’s announcement. A large contingent of cops arrived at Bandra after people started emerging from the slums near the railway station around 3.45pm. Within minutes, the crowd grew to a few thousand. Police had to use force to disperse the mob which which mainly comprised labourers from Bengal, UP and Bihar. Their main grouse was that they have no work and no money to pay rent to slumlords.

https://timesofindia.indiatimes.com...e-allowed-to-go-home/articleshow/75150087.cms

 

[Raj232]

Coronavirus 10 times deadlier than Swine Flu: WHO

In a virtual media briefing from Geneva, WHO chief Tedros Adhanom Ghebreyesus warned the governments not to lose control over lockdowns and take strict measures to flatten the Covid-19 curve.

the World Health Organization (WHO) on Monday said that the SARS-CoV2 -- the new corovavirus that has infected over 18 lakh people and killed over 1.17 lakh globally -- is at least 10 times deadlier than the Swine Flu virus.

 

[TraderRavi]

Congress MLA Imran Kehdawala who met Gujarat CM tests coronavirus positive


Khedawala, along with some other Congress MLAs, was present in the meeting with Gujarat Chief Minister Vijay Rupani held at the CM's official residence in Gandhinagar.

https://www.moneycontrol.com/news/i...at-cm-tests-coronavirus-positive-5146841.html

 

[Raj232]

Former Pakistani cricketer Zafar Sarfraz develops symptoms of coronavirus, passes away at 50

Former Pakistani first-class cricketer Zafar Sarfraz became the first professional player in the country to die after contracting the novel coronavirus, his family confirmed Tuesday. The 50-year-old first fell ill earlier this month and was put on a ventilator at a hospital in Peshawar after his condition deteriorated.
https://economictimes.indiatimes.co...us-passes-away-at-50/articleshow/75142606.cms

 

[Raj232]

A Hyderabad techie and Chennai researcher come up with AI-powered tech to test COVID-19 in 20 seconds

• A test developed by a University of Dayton researcher can detect the presence of COVID-19 in a chest X-rays with 96% accuracy.
• The patent is licences to a South Carolina based IT company called Blue Eye Soft.
• Blue Eye Soft’s CEO Kodeboyina and his team are now planning to submit a full proposal to the US Food and Drug Administration for approval.
• According to reports, the AI-powered system developed by Narayanan uses a deep learning algorithm that searches for markings on X-rays that indicate the presence of Coronavirus.

The technology — from the University of Dayton can detect the presence of COVID-19 in chest X-rays with 96% accuracy. This was adapted from existing medical diagnostic software, University of Dayton Research Institute (UDRI) said.

The system is AI-powered and uses a deep learning algorithm that searches for markings on X-rays that indicate the presence of Coronavirus.

https://www.businessinsider.in/tech...avirus-in-20-seconds/articleshow/75080235.cms