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India reports 91 new covid cases

Scientists believe that there are less chances of another wave given that a large number of India’s population has been exposed to the virus and vaccinated and have thus developed hybrid immunity. New Delhi: India reported 91 new coronavirus infections in the last 24 hours, while the country’s active caseload remained unchanged at 1,817, according to an update by the health ministry on Monday. Total reported cases climbed to 4.46 crore (4,46,83,454), while death toll stands at 5,30,745.

The daily positivity rate stands at 0.14%, and active cases comprise 0.01% of total infections. Recovery rate has risen to 98.81%, according to the health ministry website. Cases have been consistently declining across the country.

As of now, Karnataka has 154 active cases, Kerala has 1,211 active cases, Maharashtra has 86, Odisha 82 cases, Rajasthan has 15 cases, Tamil Nadu 30 active cases, Uttar Pradesh 14, and West Bengal has 50 active cases. With a decline in covid cases, scientists believe that there are less chances of another wave given that a large number of India’s population has been exposed to the virus and vaccinated and have thus developed hybrid immunity. But they have urged people to continue wearing masks in crowded places and complete their vaccination doses if not done yet.

The government has also tightened covid preparedness measures following reports of fresh surge in infections in China and some other countries last month. The government has directed INSACOG under the supervision of Department of Biotechnology (DBT) to keep a close watch on the situation in the country and continue with constant genome sequencing to track any new variant. The government has been conducting RT-PCR testing for people returning from

. virus testing vaccine Government infection Waves reports
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Paris Club to give Sri Lanka financing assurances amid IMF debt talks - newsfirst.lk - China - city Beijing - India - Sri Lanka
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Paris Club to give Sri Lanka financing assurances amid IMF debt talks
(Reuters) – The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters.The informal group of bilateral lenders is set to "soon" announce its support to the crisis-hit nation on a debt overhaul, said one of the people, who asked not to be named because talks are private.The Asian island nation, which is grappling with soaring inflation, a recession and currency depreciation, entered into a staff level agreement with the IMF last September.But it needs financing assurances from key bilateral lenders before the fund's executive board approves the programme.Sri Lanka's public debt stood at 122% of GDP, of which 70% is denominated in foreign currency, according to data in a country presentation to investors in November.China and India, both non-Paris Club members, are the top bilateral lenders. "Paris Club assurance is not reliant on China," said the source.Another source said the informal group is currently reaching out to other non-Paris Club besides China on financing assurances, but did not provide any further details.India previously committed to help ease the debt burden of neighbour Sri Lanka as part of the IMF programme, and China's Eximbank offered a two-year moratorium in a letter sent to the island nation in January.While the IMF has not yet provided any guidance on where the lender stands regarding China's assurances to Sri Lanka, a U.S.
CPC warns of financial issues as fuel is supplied on credit to CEB - newsfirst.lk - China - Sri Lanka
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CPC warns of financial issues as fuel is supplied on credit to CEB
COLOMBO (News 1st) – Sri Lanka's Human Rights Commission has received a letter bearing the signature of the Managing Director of the Ceylon Petroleum Corporation stating that the present financial situation at the CPC could lead to a disruption of operations at the country's oil refinery.The letter noted that the CPC is heading towards a situation where future fuel imports will be in jeopardy as fuel is continuously provided on credit.The letter from the CPC Managing Director warns that this could lead to another fuel crisis in the country.The letter bearing the signature of the Managing Director of the Ceylon Petroleum Corporation states that it is paramount to ensure the continuous operation of the country's oil refinery when providing a continuous supply of fuel.It noted that though the CPC can provide furnace oil and naphtha to the Ceylon Electricity Board at a cost that is less than what is incurred when importing fuel, an issue is likely to arise in importing new stocks of crude oil and refined petroleum products as the existing stocks are provided on credit, despite the CEB still not settling its dues. The Managing Director of the Ceylon Petroleum Corporation states that several rounds of discussions revealed that the Ceylon Electricity Board does not have the funds to procure the fuel.It notes that despite the difficulties experienced, as the supply of electricity is a national requirement, fuel worth Rs.
Kristalina Georgieva - India tells IMF it ‘strongly supports’ Sri Lanka’s debt restructuring plan - newsfirst.lk - China - India - Sri Lanka
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India tells IMF it ‘strongly supports’ Sri Lanka’s debt restructuring plan
COLOMBO (News 1st) – India has told the International Monetary Fund that it confirms its strong support for Sri Lanka's prospective EFF-supported program.According to a letter seen by News 1st from Indian authorities to IMF Chief Kristalina Georgieva, India had noted it will commit to supporting Sri Lanka with financing/ debt relief consistent with restoring Sri Lanka's public debt sustainability under the IMF -supported program and ensuring that the program is fully financed as projected by IMF staff."In this context, we commit to continuing negotiations with the Sri Lankan government along with the Paris Club on a medium-to-long term debt treatment through maturity extension and interest rate reduction or any other financial operations that would deliver similar financing/ debt relief," noted the letter.According to this letter seen by News 1st, India says that the financing/ debt relief provided by Export-Import Bank of India will be consistent with restoring debt sustainability under the IMF-supported program."We look forward to continuing cordial and in-depth discussions with the Sri Lankan authorities, IMF and the Paris Club with a view to finalizing the specifics of this financingj debt relief in the coming weeks," the letter added. However, it had noted that the Sri Lankan authorities are expected to seek equitable debt treatments from all commercial creditors and other official bilateral creditors, as well as adequate financing contributions from the multilateral development banks. Sri Lanka requires the backing of China and India – its biggest bilateral lenders – to reach a final agreement with the IMF on the $2.9 billion loan that is essential to help the country emerge from its worst financial crisis in seven
China opposes any country receiving Dalai Lama - newsfirst.lk - China - Sri Lanka
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China opposes any country receiving Dalai Lama
COLOMBO (News 1st) – China has expressed opposition over the invitation extended to the Dalai Lama, the spiritual leader of the Tibetan people. Chargé d'affaires of the Chinese Embassy in Sri Lanka Hu Wei recently called on the Mahanayake Thero of the Malwathu chapter of Siam Nikaya, Most Venerable Thibbatuwawe Sri Siddhartha Sumangala Theroand stated that the government and people of China including in the Tibet Autonomous Region strongly oppose any foreign country to receive the Dalai Lama in any name.A statement from the Chinese Embassy on twitter noted that this is because the 14th Dalai Lama is absolutely not a "simple monk" as he self-claimed, but the head of the feudal serfdom and the theocracy in Tibet prior to 1951, a political exile disguised as a religious figure who has long been engaging in anti-China separatist activities and attempting to split Tibet from China.Chargé d'affaires of the Chinese Embassy in Sri Lanka Hu Wei has emphasized that China and Sri Lanka have been firmly supporting each other on issues concerning each other's core interests, including the Tibet related issue. He had noted that both sides especially the Buddhist communities must prevent a sneaky visit of the Dalai Lama to the island to promote "Tibetan independence" and safeguard the China-Sri Lanka historical relations from being damaged.Sri Lankan Buddhist monks recently invited exiled Tibetan spiritual leader the Dalai Lama to make his first visit to the island
Julie Chung - China responds to Julie Chung’s ‘spoiler’ comment - newsfirst.lk - China - Usa - Sri Lanka - Britain
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China responds to Julie Chung’s ‘spoiler’ comment
The Chinese Embassy in Sri Lanka has responded to the comments made by US Ambassador to Sri Lanka Julie Chung in a recent interview with the BBC.The Chinese Embassy in a statement said that their US colleague should commit to self-examination rather than play the blame game.Full Statement: “China, China, China!”, our US colleague starts chanting this infamous mantra and blaming China as a “spoiler” to the island’s negotiation with the IMF during her recent interview with a UK television program on Sri Lanka’s debt issue. Before her baseless accusing and lecturing, our US colleague should have at least asked herself: Who is the single largest shareholder of the IMF with a veto power over major policy decisions? Who is keeping printing US dollar, with more than $3 trillion in 2020 alone? Who are those private creditors owning 40% of Sri Lanka’s total external debt stock with the highest interest rates? Who sued Sri Lanka in its federal court immediately after the island’s default?The public may also like to know how the US have walked the talk to help the Sri Lankan people when they have already received 10000 MT of rice, 9000 Liters of diesel, 5 billion LKR of medicines and 3 million fabric meters of school uniform materials gifted by China?  They may also question what are the political pre-conditions of the US Aid, while being assured by China’s “No strings attached” commitment and practice.Isn’t it hypocrisy at its finest for our US colleague to play the blame game instead of a self-examination? After all, why didn’t the US take decisive actions in the IMF for a more comfortable solution for Sri Lanka?or extend grant to the island with the rocket amount of US dollars they print every year, instead of sowing discord
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