India’s caseload could also be rising however different elements of Asia are step by step easing worldwide journey restrictions and hope to revive economies as their virus curve flattens. A Singapore-Indonesia deal introduced on Monday for important enterprise journey would require an utility and covid-19 exams each earlier than and after journey. Singapore has comparable agreements with China, South Korea, Japan, Malaysia. Japan and Vietnam will permit short-term enterprise journey with one another from the tip of the month. For extra updates, right here’s Mint Lite.
Little shock to markets from outage
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Energy provide was restored in most elements of Mumbai after its worst blackout in a long time, brought on by tripping or an overload that forces an automated shutdown, disrupted transport networks and briefly hit buying and selling quantity in bond markets. The BSE and NSE continued to operate usually, however buying and selling volumes within the fixed-income market dropped as many merchants at residence failed to finish trades. Regardless of the blackout from 10am to about 2pm, the inventory benchmark ended the day with positive factors. Airport operations and hospitals remained unaffected. Bond merchants mentioned buying and selling volumes narrowed instantly after the outage however recovered later. Sovereign bonds prolonged positive factors, with the yield on 10-year bonds falling 4 foundation factors to five.9% whereas Sensex superior 0.2% and Nifty rose 0.1%. On Monday, the Centre additionally unveiled measures price $6.6 billion to stimulate client demand and funding.
Europe readies for second wave
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International locations throughout Europe are making ready harder measures to comprise the coronavirus as infections surge, however leaders are involved that one other spherical of restrictions might devastate the already-fragile financial system, and spark public unrest. The German cupboard met on Monday to debate new measures comparable to testing in nursing houses and isolating travellers from high-risk areas although a choice has not been made but. Italy, one of many worst-hit international locations within the first wave, is more likely to have new guidelines for nightlife, sports activities and social occasions this week after Sunday noticed the very best enhance in covid-19 sufferers coming into intensive care since 31 March. Final week, it made masks in public necessary. UK will introduce a “system of alert ranges” to categorise areas and what exercise might be allowed. France has put some cities on “most alert” and closed companies, whereas Poland is contemplating introducing a state of emergency.
Legislation no deterrent to rushing
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India has among the many highest variety of highway accidents and deaths on this planet. This yr, the lockdown could have saved lives by taking autos off roads, however as site visitors returns to regular, the dangers are more likely to rise. Deaths attributable to harmful driving and rushing—the principle causes of loss of life on Indian roads—elevated in 2019 regardless of the introduction of stringent penalties below the amended Motor Autos Act. As many as 128,798 folks misplaced their lives attributable to harmful driving and rushing—83% of all highway accident deaths, a Mint evaluation of NCRB information confirmed. This was a 2.2% rise since 2018. Most highway accident deaths happen on nationwide and state highways, despite the fact that they make up nearly 5% of the Indian highway community (see chart). For extra, learn Plain Info.
Demise for rape in Bangladesh
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Following unprecedented protests towards sexual violence towards girls in Bangladesh, the federal government has authorized an modification that will permit loss of life penalty in rape instances. The draft of the Ladies and Youngsters Repression Prevention (Modification) Invoice, 2020, was authorized on Monday, at a digital assembly of the council of ministers, headed by Prime Minister Sheikh Hasina. The invoice says anybody convicted of rape might be punished with “rigorous imprisonment” for all times or loss of life, elevating the query whether or not capital punishment is the best choice for against the law as grotesque as rape and sufficient to basically shift attitudes in direction of sexual violence. Protests erupted final week after footage of a gaggle of males assaulting a 37-year-old girl went viral on social media. One other case that raised the tone of the protests was of a girl allegedly gang raped in a hostel within the northern district of Sylhet.
Julius Caesar’s fountain on present
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After spending a long time in a basement, a few of Italy’s best sculptures, relationship again to the fifteenth century, are on present for the general public once more in Rome in a present that may run until June 2021. Busts of Roman emperors, intricate sarcophagi and an historical Greek aid carved 2,500 years in the past are simply among the 92 items on show within the Palazzo Caffarelli, stories Reuters. The marbles belong to the aristocratic Torlonia household and signify a fraction of their 620 sculptures, believed to be the biggest such non-public assortment on this planet. Initially, the massive assortment was on show in a museum, however after 101 years, they had been consigned to a basement in 1976 when the household made plans to transform the constructing into an house advanced. Among the many items on view is a fountain basin carved in historical Greece that was believed to have stood within the backyard of Julius Caesar when it was already thought-about an antiquity.
Curated by Shalini Umachandran and Pooja Singh. Have one thing to share with us? Write to us at businessoflife@livemint.com or tweet to @shalinimb
