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The Delhi government is not taking any chances and making thorough preparations for an impending third wave of COVID-19, Health Minister Satyendar Jain has said. Jain also thanked doctors who sacrificed their lives during the pandemic and said that their names will be written in golden words. Jain urged people to follow Covid-appropriate behaviour and asked them not become negligent. The health minister was speaking at the sixth felicitation ceremony for healthcare workers of government hospitals – Institute of Liver Biliary Sciences (ILBS), Vasant Kunj; Deep Chand Bandhu Hospital in Ashok Vihar; Sanjay Gandhi Memorial Hospital in Mangolpuri and Burari Hospital – in northwest Delhi at Delhi Vidhan Sabha on Friday. Their (healthcare workers) dedicated service saved precious lives, their supreme sacrifice cannot be forgotten and shall be written in the pages of history in letters of gold. The Arvind Kejriwal government salutes the selfless and dedicated service of healthcare workers, who had put their own lives at stake and stood with the Delhi government day in and day out to fight this deadly disease. He said the government is doing its best and learning from experiences to prevent the third wave but following Covid-appropriate behaviour is very important, and thus people must not become negligent. Jain stressed that the governments preparations for an impending third wave are thorough. The government has its ear to the ground and is not taking any chances, he said, asserting that 37,000 COVID-19 dedicated beds are being laid out, include 12,000 ICUs beds. Along with this, 47 PSA oxygen plants along with five LMO storage tanks have already been set up in the city with many more to come up. Moreover our vision is to move a step forward by making ICU facilities so readily available in the capital that even a normal oxygen bed can be converted into an ICU one instantly without having to shift the patients, he said. The health minister asked people to remain vigilant to stop another outbreak, and advised them to not panic in case they get infected or have symptoms.Being motivated and calm boosts the recovery process, he said. Vidhan Sabha Speaker Ram Niwas Goel also praised the senior doctors and healthcare workers. The name frontline warriors given to doctors and healthcare workers is absolutely correct as just like the army on the border, they didnt think about their lives but worked selflessly towards rescuing precious lives from the clutches of the deadly coronavirus, he said. Goel stated that the Vidhan Sabha will continue to organise such felicitation programmes for the corona warriors of the national capital.
Hospitality firm OYO on Wednesday said it has launched a self-onboarding tool OYO 360 for allowing small hotels and homeowners to list their properties on the companys platform. With OYO 360, the company will fast-track onboarding in 30 minutes against a typical 15-days process, it said in a statement. The tool is for its prospective patrons, including small hotels, homeowners and ex-OYO patrons, who have been impacted by COVID-19, to boost their revenues and increase profits digitally, it added. OYO 360 is a big bet to accelerate supply acquisition and enhance the overall experience by making onboarding simpler and convenient. It aims to provide direct control on pricing, increasing occupancies and visibility on simplified contracts and reconciliation processes, OYO INSEA Chief Executive Officer Rohit Kapoor said. The tool is now available in Europe and India, and it will be launched in South-East Asia, which have been the core focus markets for the company, the statement said. Patrons can log in simply with their phone number or using social media accounts to initiate their property onboarding process. This tool will require basic details on the hotel, room number, amenities and imagery, it added. With a simple review and in a single click, the property will be live in just 30 minutes across all platforms, OYO said.
GoodWorker, backed by the Lemmatree Group, Sonu Sood and Schoolnet, has appointed Amit Jain as its chief executive officer. Finding a CEO who has strong alignment to the GoodWorker vision was critical to deliver the impact that GoodWorker can have on blue or grey collar workers, Glenn Gore, group CEO, LemmaTree, said. This was a search that the company was not going to rush or compromise on, Gore added. Amit is the perfect choice for the role, given his strong understanding of the industry and his belief in the purpose. Looking at his strong leadership skills and empathetic attitude, we are confident that his ideas and strategies would accelerate GoodWorker During his tenure at Quikr, Jain contributed significantly in building QuikrJobs from scratch and turning it into a profitable business, GoodWorker said in a statement. Along with his focus on key departments, he was also leading the HR function. While his career spans over two decades, has led large cross-functional teams across industries. Jain, a technology enthusiast, believes in the potential of digital platforms to transform lives. For Jain, the newly appointed CEO of GoodWorker, its vision for becoming an all-encompassing digital life partner for the youth in India in the blue or grey collar job space is both inspirational and ambitious. GoodWorker provides direct access to blue or grey collar entry level jobs and quality of life services and it uses Affinidi The Bengaluru-headquartered company aims to create value for youth and employers. Read Also: Pocket FM appoints Ankket Jain as VP \u2013 creative solutions Follow us onTwitter,Instagram,LinkedIn,Facebook
Gujarat has announced relaxation of night curfew for its eight metropolitan cities on August 30 and September 9 to 19 for Janmashtami and Ganesh Chaturthi. Night curfew is clamped between 11 pm and 6 am Vadodara, Gandhinagar, Surat, Ahmedabad, Bhavnagar, Rajkot, Jamnagar, and Junagadh. The state government said, in accordance with the Covid-19 guidelines, it would allow a maximum of 200 people inside temples during the celebrations. The government statement said the decision was taken during a core committee meeting led by Chief Minister Vijay Rupani to ensure that people can celebrate the festivals. Night curfew will be clamped from 1 am on Janmashtami, which marks the birth of Lord Krishna, on August 30. The government said the devotees who enter the temple premises for The state will also allow a maximum of 200 people for Shobha Yatra on pre-decided routes across. However, it will not grant permission for the For Ganesha Utsav, the night curfew deadline in the eight metropolitan cities will be extended to 12 am from September 9. Idols in public places can be a maximum four-feet high, while those in private spaces can be two-feet high. Devotees must maintain social distancing and ensure a two-feet gap between each other while standing and encircling the It will not allow any other religious or social function during this time. The government has also capped the number of people in a single vehicle for Ganesha Sthapana and Visarjan at 15. Gujarat was among the states that bore the brunt of the second Covid-19 wave. As of 9 pm on August 24, the state had 160 active cases and 1,097 people under quarantine.
The Delhi Disaster Management Authority has issued guidelines for schools ahead of their proposed reopening on September 1. The DDMA has asked schools in the National Capital to prepare their timetable according to occupancy limit of classrooms and following strict Covid-19 protocols. A maximum of 50 per cent students would be allowed to sit inside classrooms, while lunch breaks will be staggered. The disaster management authority had earlier formed an expert panel to recommend how to reopen schools. The panel had recommended phase-wise reopening of schools, first for students of higher classes, followed by those in middle classes, and finally for students in the primary section. The DDMA has also advised schools to hold lunch breaks in open areas to avoid overcrowding. However, students and teachers living in containment zones will not be allowed to return to schools and colleges. Educational institutions will also have to set up an emergency quarantine room, while routine guest visits are to be barred. The Delhi government has decided to reopen schools for Classes IX to XII and colleges in phases from September 1. It has also permitted coaching classes to resume. However, Deputy Chief Minister Manish Sisodia has said no student would be forced to come to school for physical classes, adding that they would be allowed to attend online classes. According to Chief Minister Arvind Kejriwal, if the city However, the decision to reopen schools has elicited mixed response. While many believe it was time for schools to reopen due to the huge learning loss students have suffered, many others believe that this would end up causing more harm than good and suggested waiting a few more weeks or even a month, considering warnings of a likely third wave of the pandemic.
Bulls continued to pull domestic equity markets higher on Tuesday, setting fresh record highs. SP BSE Sensex scaled a new all-time high of 57,625 during the day while Nifty 50 hit a record high of 17,153. However, both Sensex and Nifty slipped marginally from their highs to end at 57,552 and 17,132 – up 1.19% each. Bharti Airtel, Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan Company, Tech Mahindra and UltraTech Cement were among the top index gainers. On the contrary, Nestle India, IndusInd Bank, Reliance Industries Ltd (RIL) and Power Grid Corporation of India were top index laggards. Bank Nifty index gained 0.21 per cent to end at 36,424, while the Nifty Metal index added 1.54 per cent. Except for Nifty Media, all the sectoral indices were settled in the green. Nifty sliced through 17000 without much effort. A flat advance decline ratio on such a day denotes traders flocking to largecaps and taking profits out of mid and smallcaps. Nifty could now face resistance at 17250 while 16951 could provide support. Going ahead, participants will first react to GDP data in early trade on Wednesday i.e. September 1. Besides, the auto sales will also start pouring in. We reiterate our bullish view on markets, with a focus on stock selection. The catch-up move in banking would now be the next deciding factor for the prevailing momentum to continue. FMCG IT biggies together with the Wireless Bajaj Twins made it look effortless ahead of the Q1 GDP numbers today. Metal stocks too lent good support as Indices soared over a percentage in late afternoon trade today as the street awaits the 4W Auto numbers tomorrow with optimism. Moreover, the index has given breakout of the rising trendline as well as its trading above the upper band of the Bollinger formation, which suggests a bullish presence in the counter. The index has been trading above all the important key indicators, which adds positive strength further. At present, the nifty index has immediate support shifted to 17000 levels while resistance may come around 17200 levels. Sustained buying momentum across all sectors and favourable global cues aided markets. Notably, all key sectoral indices traded in green with metals, financials (excluding banks) and pharma witnessing stronger recovery. Bharti Airtel was in focus again as clarity over fund raising and indication of tariff hike led stock to gain over 7% today. However, midcap, and small cap stocks underperformed today and profit booking in number of midcap stocks was visible. Volatility index too surged over 7% today. Bharti Airtel, Hindalco, Eicher Motors and Bajaj Finance were among top Nifty gainers, while Tata Motors, Nestle, IndusInd Bank and Reliance Industries were laggards. It has been showing strength since the last four trading sessions. It closed today at 17130, up by 200 points. Todays increase in nifty was with good volumes , which indicates the strength may continue. We may see 17200 and 17220 in the next few trading sessions. 16950 to 16900 will act as support for nifty. Any correction in Nifty can be used as a buying opportunity with strict stop loss.
By Tapan Patel Commodity prices traded higher with most of the commodities in the non-agro segment rallying the most in the last trading session of the previous week. Bullion prices gained post-FED speech while base metals were supported by weaker dollar and reopening of port activities in China. Crude oil prices rallied more than 10% on supply disruption fears amid hurricane threats in Gulf of Mexico. Gold prices traded higher with spot gold prices at COMEX rose by 2.05% at $1817.57 per ounce for the week. Gold October futures at MCX ended 0.81% up at Rs 47,538 per 10 gram limiting upside on rupee appreciation. The spot rupee rallied by 0.95% against the dollar for the week. Gold ETF holdings continued outflows as holdings at SPDR Gold Shares fell near their lowest since April last year to 1002 tonnes from the previous week The CFTC data showed that money managers increased their net long positions by 16943 lots in last week. Silver prices traded lower with spot silver prices at COMEX rallied by 4.35% to $24.03 per ounce for the week. MCX Silver September futures rose by 3.02% to Rs 63,585 per KG. Silver prices outperformed Gold for the week supported by a gain in industrial metals amid eased COVID worries in China. The reopening of shipping activities from key ports boosted investment sentiment silver along with strong precious metals. in The CFTC data showed that money managers increased their net long positions by 418 lots in last week. Bullion prices traded during the higher during the week with gold prices reported the best week since May hitting three-week highs. The precious metals prices rallied on Friday making most of the gains of the week with comments from US Jackson Hole Symposium. Bullion prices got support from the weaker dollar and fall in US treasury yields after US Fed Chairman sounded more cautious and failed to give clear hint on asset tapering. Jerome Powell said that the U.S. economy was on good footing but still vulnerable from risks posed by the coronavirus pandemic. The dollar index fell by 0.87% to 92.69 for the week while US 10 year bond yields declined to 1.31%. Bullion prices may trade higher on dovish Fed stance with pandemic worries and inflation concerns and slower economic growth. At MCX, Gold October prices have near term resistance at Rs 48,100 per 10 grams and support at Rs 46,800 per 10 gram. COMEX silver spot has near term resistance at $24.90 per ounce with support at $23.20 per ounce. MCX Silver September has important resistance at Rs 67,000 per KG and support at Rs 60,500 per KG. (Tapan Patel is a Senior Analyst (Commodities) at HDFC securities. Views expressed are the authors own. Please consult your financial advisor before investing.)
By Janardan Tiwari, Coronavirus pandemic has transformed the world that we know. The last 2 years have seen a radical change in every sphere including business, travel, trade, hospitality, etc. Likewise, Education sector has also been heavily impacted by the spread of the virus. Schools, colleges, Universities and other coaching institutes have been forced to shut down because of the danger of the spread of the deadly virus. With social distance being the need of the hour, the restriction on physical access during these tough times increased, students did not necessarily distance themselves from the process of learning. With more than 35 million learners in higher education alone the impact on learning was massive. With Online Learning and technology supporting work from home, we were significantly able to reduce this impact and carry out the process of learning efficiently, to a great extent. More than 70% of the learning universe today have already adopted technology for teaching, learning and other administration purposes. Educators are learning new technologies to help students with better learning outcomes. Educational Technology is the need of the hour. A shift has been seen here and from being a predominantly physical medium, education is emerging as a stable remote learning option. Now, in the age of computers and smartphones, the pace of delivering knowledge is high-speed, learning can be imparted anytime anywhere. Here are the top three technology innovations that are causing major changes in education. Artificial Intelligence and Machine Learning AI is one of the hottest things in the world that we live in. AI is being used in schools and colleges to automate key activities such as grading of subjects, providing feedback on areas that need improvement and personalized learning among students, especially those with special needs. AI can also streamline multiple administrative assignments to allow teachers the time and freedom required to provide understanding and adaptability. As the students of today will become the workforce of tomorrow where AI is the reality, it Artificial intelligence tools make global classrooms available at your doorsteps. Education is becoming more robust thanks to artificial intelligence, and soon they will be able to respond to a plethora of learning methodologies. The Education Industry has been somewhat slow to adapt artificial intelligence and machine learning but the changes are starting to show as we speak and will for sure continue to be more promising in the near future. Cloud computing Cloud computing technology brings educators and learners together on one unified platform. Educational institutions need not buy, own, and maintain their own servers and data centres. Rather, they can leverage cloud computing solutions to avail computation power, databases management, storage, and other commonly used services when required. This Helps in creating Strong virtual classroom environments and extensive cost saving for both learners and providers. Besides accessibility and cost savings, cloud computing also serves the benefit via VPN for ensuring data security. This means that the learning content can be easily transferred to the students without compromising its integrity and parallelly, learners can protect their privacy by using VPN for cloud-based learning applications. The schools, colleges, and universities can handle an increasing number of students enabling them to scale up the learning applications and experiences both quickly and easily. With cloud-based applications, the requirements of hardware resources are also minimal. These applications are mostly URL based and can operate seamlessly on internet browsers, both on desktops and mobile devices. The benefits of cloud computing for the education bodies are immense. Whether it is a university, school or a coaching institute, everyone in the industry is experiencing the positive impact of the cloud and things are going to get bigger and better in the future. Virtual Reality technology Virtual reality, or VR, is relatively new in the education sector. That being said, an increasing number of schools and colleges are adopting the technology. VR allows students to experience places from across the universe without ever having to leave the classroom. Imagine students being able to explore The Leaning Tower of Pisa in Italy while they sit at their desks. This is how virtual reality education empowers today With VR, students can learn via interacting in 3D. Given the accelerating growth of VR within the education sector, and increasingly positive feedbacks from both teachers and students, we wouldn VR has the ability to inspire, encourage creative thinking and hence offer memorable educational experiences. (The author is CEO Founder, DataTrained. Views expressed are personal and do not reflect the official position or policy of the Financial Express Online.)
PVR Cinemas on Wednesday opened its first cinema theatre in Jamnagar, Gujarat. The move is in line with the company As per Sanjeev Kumar Bijli, joint managing director, PVR Ltd, the company has invested Rs 6 crore in the three screen cinema hall in Jamnagar. Due to the lockdown, the work was halted and we had to push back our timelines. Now, we are gradually finishing the remaining 5% work that was left and going forward with our strategy, With this opening, PVR strengthens its growth momentum in FY 2021-22 to expand its presence with 849 screens at 177 properties in 72 cities (India and Sri Lanka). Some of the new cities the company expects to enter in the coming months include Thiruvananthapuram, Nizamabad, Patna, Patiala, Dhanbad, Ajmer, Bhubaneswar, among others. While the exhibition industry has been one of the worst affected media businesses by the pandemic, Bijli is optimistic about the future with movies such as Fast and Furious 9, Shang-Chi and the Legend of the Ten Rings, Bell Bottom being received well by the viewers and drawing in footfall. This is primarily because theatres in Maharashtra are still not allowed to open. However, we expect this to change once theatres in Mumbai are allowed to open as that will encourage the producers to release Hindi films in theatres, The new three-screen multiplex is equipped to offer a hygienic, safe and secure cinematic experience along with new-age technological solutions, curated food offerings and modern interiors to address the out-of-home entertainment needs of people. Further, in order to minimise human contact, digital transactions have been enabled via e-wallets. Use of UV cabinets to sterilise all food packaging, Installation of fiber and glass shields, social distancing marked queuing are some of the safety protocols that have been adopted. We are looking forward to bringing the modern cinema experience to smaller markets, Read Also: The Advertising Club elects Partha Sinha as president Follow us on Twitter,Instagram,LinkedIn,Facebook
The city-based leading private sector lender Karnataka Bank is poised to emerge as the digital bank of future with end-to-end digital solutions for all its banking activities, bank CEO and managing director M S Mahabaleshwara said on Thursday. Addressing the 97th annual general meeting at its head office here through video conferencing, he said powered by its IT-driven wholistic transformation KBL Vikaas, the bank is now preparing for the second phase under KBL NxT concept to have end-to-end digital solutions for all banking activities, according to a bank press release here. The bank is celebrating its centenary year during 2023-24 and a lot of IT-driven innovative and far-reaching initiatives to mark the celebration are already lined up to lay a strong foundation for the second century of the bank, he said. The bank has declared a dividend of 18 per cent at the meeting. The 97th AGM was presided over by bank chairman P Jayarama Bhat. All the directors of the bank, executives and shareholders participated through the virtual forum, the release said.