Is there an investment opportunity in PSP Projects shares?
Is this the right time to invest in the shares of PSP Projects, a company that does construction work for the government and corporate India? How much benefit will there be from investing in this stock? What targets are experts giving regarding this stock? Watch this video to know-
India has reported 21,257 new Covid-19 cases. The total recoveries across the country so far are 3,32,25,221. According to the health ministry’s data, 24,963 patients recovered during the last 24 hours. The active caseload is currently at 2,40,221, which is the lowest in 205 days with a cumulative total of more than 3.39 crore cases. The national recovery rate of Covid-19 has increased to 97.96%, which is the highest since March 2020 with 24,963 patients recovering during the last 24 hours till 8:00 am. The active cases account for less than 1% of total cases, currently at 0.71%.
The weekly positivity rate stood at 1.64%, less than 3% for the last 105 days. The daily positivity rate is 1.53%, less than 3% for the last 39 days
The testing capacity has also been substantially ramped up to 58 crore in the country.
India’s vaccination drive
Cumulative vaccine doses administered so far have reached 93.17 crore.
The new phase of universalisation of the vaccination programme commenced from June 21. Under the programme, the central government made inoculation free of cost for all adults. Vaccines were earlier free for people above 45 years of age.
According to the ministry, more than 70% of the deaths that have been reported are due to comorbidities.
No quarantine for Covishield vaccinated Indians
The UK government added India to its vaccination-eligible countries list for Covishield, putting an end to a diplomatic spat over vaccine certification. Fully vaccinated Indians would no longer be required to quarantine upon arrival in Britain beginning October 11.
Covid passport, vaccine discrimination obstruct trade
India has expressed worry about new trade restrictions imposed by some developed nations, such as vaccine discrimination and Covid passports, which it claims are obstructing people’s movement and services exports.
The government which has been pressing for intellectual property rights to be relaxed to make Covid drugs more accessible, raised these concerns at a World Trade Organization (WTO) meeting last week.