Live news updates: India reported 306,064 new cases of Covid-19 and 439 deaths from the disease in the last 24 hours, said the health ministry on Monday.
Total Covid-19 cases increased to 39.54 million and pandemic fatalities to 489,848. The daily positivity rate–the percentage of tests that return coronavirus positive–increased from 17.78 per cent to 20.75 per cent. The weekly positivity rate is at 17.03 per cent. Active cases now comprise 5.69 per cent of total infections and national Covid recovery rate has decreased to 93.07 per cent.
Indian industry has urged states to lift Covid restrictions on businesses and public life, saying hospitalisation was manageable in the third wave of the coronavirus pandemic.
The Confederation of Indian Industry (CII) suggested the Union Budget include an additional 1 per cent levy under corporate social responsibility (CSR) funds — apart from the mandatory 2 per cent — for a year to fund booster doses of the vaccine.
Amazon told independent directors of Future Retail Ltd that Samara Capital was still interested in investing Rs 7,000 crore to buy all retail assets of the debt-ridden company. Amazon reached out to Future Retail after the India company said in a letter that it was willing to accept the e-commerce giant’s proposal but had certain conditions.
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