UK Chancellor of the Exchequer Rishi Sunak has unveiled a £1.57-billion rescue package of emergency grants and cheap loans for arts, culture and heritage industries to help them weather the impact of coronavirus lockdown, widely welcomed by the creative industries as a timely and generous intervention.
A recent survey conducted by FICCI and the Indian Angel Network shows that the Indian start-up sector urgently needs a flow of funds and an enabling ecosystem to continue operations.
Corporate India holds the key in enabling the business community towards undertaking more social responsibilities.
A recent McKinsey report maps out how amidst the chaos and destruction, the coronavirus has forced businesses to rethink and adapt to new challenges.
The Indian government has not only allocated millions of dollars to support initiatives to develop a vaccine against the novel coronavirus disease, but also set up cross-industry collaborations, fast-tracked clearances and resolved import delays to ensure work gets done at unprecedented speed.
The local authorities of Leicester have expressed “frustration” over reports that it faces up to a fortnight of extra localised lockdown measures amid a flare-up in Covid-19 infections in the region.
South Asians are at greater risk of dying from Covid-19 once hospitalised and pre-existing diabetes seems to be a significant factor behind this higher death rate, a major new study has revealed.
The loan will help government strengthen its response to the adverse impacts of the pandemic.
An official UK government review has confirmed what was already feared – that historic racism and social inequalities are among the factors behind a higher risk faced by ethnic minorities of contracting and dying from Covid-19.