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Two new cases of COVID19 have been detected in Delhi and Telangana, according to a press release by the Ministry of Health. The person in Telangana has travel history in Dubai, while the person in Delhi has travel history in Italy. The latter is currently in Ram Manohar Lohia (RML) hospital in Connaught Place. “Both the patients are stable and closely monitored”, mentioned the press release.
So far, 90,000 confirmed cases of infection have been reported globally.
On February 29, 2020 the WHO (World Health Organisation) raised its global risk assessment of COVID19 to its highest level after the virus infiltrated sub-Saharan Africa, as well as became a major reason in the decline of international markets.
Earlier this year, three cases of the virus were confirmed in Kerala. All three were students who had returned from Wuhan city in China, where the outbreak had originated. Fortunately, these they have since recovered and been discharged. The new cases have now raised the number to five in India. International airports have also screened more than 30,000 people in the country. Many have been kept under quarantine, especially if returning from China.
The virus has not only hit people’s health but also impacted global markets, businesses and travel. In February 2020, Indian equities suffered from the broader global sell-off, as coronavirus’ impact on growth caused a widespread risk-off sentiment and a flight to safety. The S&P BSE Sensex declined 5.9 per cent in February, continuing its negative run in 2020, according to the monthly report by BSE, amid concerns regarding COVID19. Additionally, several companies have shut down shop in China, which is a hub for global manufacturing. Travel has also decreased, with airlines like Emirates offering their staff voluntary leave as the virus put a huge dent on travel demand.
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