Israel, on the other hand, is gearing up for large scale serology tests in order to gauge the proportion of population which has developed antibodies against the novel coronavirus. Israel, whose aggressive response to the coronavirus has held its fatality rate to a fraction of those of the United States and other hard-hit nations, is readying a nationwide serological test of 100,000 citizens. Moshe Bar-Siman-Tov, director-general of Israel’s Health Ministry, said that if antibody tests show a sizable portion of the population has developed antibodies, that could mean Israel is on its way to “herd immunity” and would be well equipped to withstand further outbreaks. Meanwhile, studies have estimated the percentage of Israelis with antibodies range widely, from less than 1% to upward of 10%. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
Best funding for small business
With companies and employees still suffering across the country as a result of the coronavirus pandemic, the U.S. House of Representatives yesterday passed a new bill meant to address one of the biggest complaints about the federal loan program for small businesses—how they can spend the money. Under the bill, which passed the House almost unanimously and will head to the Senate next week, some restrictions for the Paycheck Protection Program, or PPP, would be relaxed. Here’s a breakdown of what would change: … [Read more...] about Paycheck Protection Program rules could get easier under House bill: Here’s what it would do
The history of CG and its functioning does give us some lessons. First, we should avoid multiple agencies handling different CGs. Second, the RBI or RBI-governed institutions generally fare better at financial tasks compared to the government and its agencies. The government should closely work with the RBI and heed its advice on not just CGs but other aspects of the fiscal stimulus as well, which relies greatly on the banking system. Third, we should be careful of moral hazard problems. This does not imply that one should not lend, fearing moral hazard. It is just that CG should not result in loan appraisals and follow-up not being done properly. Indian banking is already struggling with high NPAs and banks should take care to avoid any further rise. … [Read more...] about Credit guarantees of 1970s make a comeback
Like any other investment, the return will depend on how long you hold the ETF units. The return is likely to be closer to the indicated index yield (at the time of investment) if you choose to hold the units until maturity.I am an NRI. Can I invest in Bharat Bond ETF?A. … [Read more...] about Bharat Bond ETF second tranche to launch in July: All your questions answered
"Work has started on this and I think in another couple of months, you should see significant benefits on AI based IPR solutions, where one can find out which startup has received what patent and whether that startup can be approached for the commercial use of that patent or not," he added. … [Read more...] about DPIIT, revenue dept weigh options for more tax relaxations to startups: Official