30 PER CENT 50,00,000 40,00,000 (1 March 2021 - 24 May 2021) INDIA’S DAILY CASES DROP IN CASELOAD IN THE PAST 10 DAYS NATIONWIDE MAY 24 MAY 25 Fresh cases 2,22,315 1,96,427 Recoveries 3,02,544 3,25,850 Deaths 4,454 3,511 30,00,000 20,00,000 JAB-O-METER May 24 WARANGAL WEDNESDAY MAY 26, 2021 `7.00 PAGES 12 CITY EDITION DAILY COVID CASES GO BELOW 2 LAKH, LOWEST IN A MONTH Single-day rise in new Covid infections fell to the lowest level in 41 days on Tuesday, according to Union health ministry data 0 1 Mar Source: mygov.in 10,00,000 1 Apr 1 May 24 May DAILY TEST POSITIVITY RATE, TOO, COMES DOWN CASES DOWN IN DELHI, BUT UP IN T.N., N-E A total of 1,96,427 new coronavirus infections were reported in the past 24 hours, while the toll tally climbed to 3,07,231 with 3,511 fresh fatalities – the lowest in 21 days, the data updated at Tuesday 8 am showed. India had registered 1,84,372 new cases on April 14. In another positive note, the daily test positivity rate came down to under 10% to settle at 9.54% ■ ■ Data show that active caseload in six states, including Delhi, has come down by half since mid-May. However, in Tamil Nadu and some north-eastern states, cases seem to be going up The Union health ministry said cumulatively, the active caseload in India has now come down to 25,86,782 | P7 23,65,395 doses TAKE YOUR May 25 SHOT 18,77,419 doses TOTAL DOSES: 20,04,94,991 1,84,372 FRESH CASES WERE REPORTED ON APRIL 14, THE PREVIOUS LOWEST POINT CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI SIZING UP ECONOMY STRESS HDFC Bank flags likely defaults in retail loan repayment by individuals INDIANS have salted away a neat `1 lakh crore in bank deposits in just three fortnights of the current fiscal (FY22). Interest rates are literally nailed to the floorboards, so the big money flowing into banks, experts caution, could be a sign of rising household stress. It’s an unusual increase for the months of April and May and with lockdowns in force, some , believe it’s a sign of precautionary savings, compounded by the need to hold disposable cash to counter health and economic uncertainties. Typically bank deposits and credit offtake decline in , April and May But, FY21 bucked the trend with . deposits rising by a staggering `2.8 lakh crore in the first three fortnights. Now, FY22 is a torchbearer, with customers saving much more this fiscal, but whether this will have a significant salutary impact on consumption spending is unclear. As an OECD paper underscored last December, lockdowns in several countries strengthened motives for precautionary saving among households, discouraging investment and purchases of durable goods. @ Hyderabad EXPRESS NEWS SERVICE WITH the pandemic still raging and no end in sight for the common man’s economic distress, banks are bracing for an era of retail loan defaults. Retail loans, which dominated the Covid restructuring of most private banks in 202021, are likely to see higher de- For the first time in linquencies as borrowers are so many years, we busy fighting the impact of probably may not the second wave of infections, have a grip on what Sashidhar Jagdishan, CEO is going to happen. and MD of HDFC Bank, said We should see asset quality come back on Tuesday . to what we saw in Borrowers who had to avail the March quarter cover under regulatory disin a couple of pensations like moratorium quarters’ time and restructuring after the Sashidhar Jagdishan, first Covid wave are more likely to default, the CEO CEO & MD, HDFC Bank said, implying that the lender will be “cautious” in these extraordinary times. HDFC Bank already saw an uptick in cheque bounce rates in April. Talking to investors in a call hosted by Macquarie Research, Jagdishan said that the second Covid wave hitting the rural areas will have an impact on both business momentum and recovery . As on March 31, the bank restructured total loans worth `6,508.37 crore comprising 3.36 lakh accounts under the Reserve Bank’s one-time scheme. Of this, 2.87 lakh accounts were for retail loans amounting to `5,456 crore or 92.5 per cent. Corporate borrowers have largely stayed away from restructuring their dues. The trend is similar for other private banks, too. Total restructuring by Axis Bank amounted to `844.6 crore, of which retail loans accounted for `503.71 crore as on March 31. Similarly Kotak , Mahindra Bank restructured loans worth `121.5 crore, of which `82.38 crore consisted of retail loans. ICICI Bank and Yes Bank were outliers that saw more corporate loan recast. EXPRESS NEWS SERVICE In the face of uncertainty, people are saving every penny for a rainy day SESA SEN @ New Delhi Long queues, chaos mark restart of vax drive NARADA SCAM CBI withdraws appeal in SC on house arrest E X P R E S S N E W S S E R V I C E @ New Delhi THE CBI on Tuesday withdrew its appeal against a Calcutta High Court order allowing house arrest for four persons, including three Trinamool lawmakers, instead of judicial custody after their arrest in the Narada scam. A vacation bench comprising justices Vineet Saran and B R Gavai took sharp note of the unusual five-judge bench of the Calcutta High Court formed to hear the matter. Solicitor General Tushar Mehta, appearing for the CBI, flagged the intimidation by West Bengal CM Mamata Banerjee and other top Trinamool leaders after the CBI arrested the four politicians. But the bench said those incidents have to be seen separately and cannot influence the grant of bail. It, however, permitted Mehta to take back the appeal and raise all the grievances in the high court. CONTINUED ON P10 GDP TO GROW AT 1.3% IN MARCH: SBI REPORT THE BIG CHANGE Deposits (H crore) Credits (H crore) FY18 FY19 FY20 FY21 FY22 -1,75,73 -83,297 -56,379 2,82,876 1,03,334 -2,50,525 -1,04,780 -1,46,966 -1,19,028 -80,025 1st fortnight 2nd fortnight 3rd fortnight 1,01,357 -80,579 82,555 -60,333 -28,783 9,091 Source: RBI, SBI Research India’s GDP is likely to grow at 1.3% in the fourth quarter of FY21 and may see a contraction of around 7.3% for the full financial year, according to SBI research report ‘Ecowrap’. The NSO will release the GDP estimates on May 3 Phase 3 trial of new antiviral drug in India E N S @ New Delhi PHASE 3 clinical trials in nearly 2,400 people in India have begun to test the efficacy of experimental antiviral drug Molnupiravir against Covid-19, following regulatory approvals by the Central Drug Standard Control Organisation. This drug, developed by Merck originally, is an oral broad spectrum antiviral agent that has shown promise in treating mild and moderate Covid cases in early-stage trials in some countries. In India, five companies have entered into volun- tary licensing agreements to produce generic versions of it. And MSN laboratories has received permission to conduct the trials. Dr Suneetha Narreddy senior consultant, infectious , diseases, at Apollo Hospital in Hyderabad, which is one of the 40 sites in India where the phase 3 trials will be held, said that the drug is showing promise. “Data from early stage trials and preliminary analysis of phase 3 trials from outside India looks very promising but we should wait till the trials are concluded in India to say something definitive,” she said. CISF chief S K Jaiswal is new CBI chief New Delhi: Senior IPS officer Subodh Kumar Jaiswal was on Tuesday appointed the new CBI chief for two years. An 1985-batch IPS officer of the Maharashtra cadre, Jaiswal is currently the director general of the Central Industrial Security Force. A high powered committee led by Prime Minister Narendra Modi had on Monday shortlisted his name for the post. He also served as Maharashtra’s DGP in the past | ENS A woman takes the jab at Fever Hospital in Hyderabad as Covid vaccination drive resumed in the State on Tuesday | VINAY MADAPU Vax green signal for workplaces, 18+ group E X P R E S S N E W S S E R V I C E @ Hyderabad THE Telangana Health Department has permitted private hospitals designated as private vaccination centres (PVCs) to vaccinate people above 18 years of age, and also allowed them to undertake vaccinations at workplaces. As per a notification issued by the government, the process must be done as per the Union Ministry of Health’s guidelines and all registrations should be carried out via the CoWIN portal. With this decision, all age groups are eligible to take their vaccine, albeit at higher costs. Places categorised as workplaces also include institutions, gated communities and companies, which will need to request the hospitals for such drives. How far this will help to address the vaccine coverage in the State is to be seen as private players would have to procure vaccines from the manufacturers, and vaccines CONTINUED ON P4 are currently in short supply . ULTIMATUM JR DOCS TO GO ON STRIKE FROM TODAY E N S @ Hyderabad THE fate of nearly 5,0006,000 Covid-19 patients admitted to various teaching government hospitals in Telangana is on the line as junior doctors have decided to go on an indefinite strike from Wednesday after their , talks with the Health Department failed. Two Cong leaders get police notice in toolkit case E X P R E S S N E W S S E R V I C E @ New Delhi IT was not just microblogging site Twitter that was issued notice by the Delhi Police Special Cell for tagging BJP leader Sambit Patra’s tweet as manipulated media in the alleged Congress toolkit case. The police also served notices on two Congress leaders — former Rajya Sabha MP Rajeev Gowda and Congress social media head Rohan Gupta, it has now emerged. Both were asked to join the probe, said a senior officer, adding, “These notices were issued a week ago following a Congress complaint.” Notices to them and Twitter were sent on the same day May 22. , The Cong ress on Tuesday pushed ahead further, demanded that Twitter add the manipulated media tag to tweets by 11 Union ministers like like Giriaj Singh, Piyush Goyal, Smriti Irani, Ravi Shankar Prasad, Dharmendra Pradhan and Ramesh Nishank, for spreading malicious propaganda in the fake toolkit case. SECURITY COVER Why this BJP MLA can’t afford protection of central forces P R O N A B M O N DA L @ Kolkata FOR Chandana Bauri, BJP’s MLA in Saltora, West Bengal, defeating the TMC candidate in the recent Assembly elections was easier than bowing to her party’s decision to provide all BJP Bengal legislators with central force personnel security cover. Chandana, the wife of a daily wage earner, found it impossible to offer the four central force ja- BJP MLA Chandana Bauri along with the central forces sent for her security, in front of her dilapidated hut in Saltora wans, who were sent for her security, daily meals and make arrangements for accommodation for them. The homemaker-turned-MLA’s husband, who is jobless because of the lockdown, and her two children reside in a dilapidated singleroom hut with tiled-roof without running water or even a toilet. Touched by their protectee’s plight, the jawans have started buying vegetables from local gro- ceries using their own money and giving it to the MLA for arranging meals for them and her family as well. Chandana bagged victory from Saltora defeating her contender, a TMC veteran in the area, by 4,145 votes. “My husband is a mason. Our daily average earning is `400. Because of lockdown, the source of income has dried up. My husband and I are MGNREGA card holders,” she said. THE Telangana government resumed the vaccination drive on Tuesday for second dose administration, after a gap of nine days. The State had temporarily suspended the drive on May 16 after the supply of vaccines from the Centre had been few and far in between. On Tuesday however, as the walk-in second dose administration began, the PHCs witnessed serpentine queues and disruptions starting from 6 am. The confusion was around the time gap between Covishield shots as now the MOHFW guidelines permit 8-12 weeks gap. This rendered a majority of the people ineligible except those who took the shot in March first and second weeks. Due to this, PHC staff were seen turning some away, which was met with staunch criticism from the public. Many also rued how the walk-in system was not helping TELANGANA Fresh cases Recoveries Deaths MAY 24 3,043 4,693 21 MAY 25 3,821 4,298 23 as only limited stocks were given. “There is a lot of panic that the roll-out will be halted again which is why people want to come and take their second dose at the earliest. This is adding to the rush. We have been given 100 doses, but takers are nearly 250,” said a PHC staff member from central Hyderabad. On Tuesday, only 50,334 vaccinations were done as per Cowin Dashboard. Many takers due for their second dose of Covaxin were disappointed over its unavailability. “It has been 45 days since I took my dose but even now I’m not able to find a centre which has the second dose. It is a very difficult situation and I am confused if I should restart my vaccinations,” said 60-year-old Ramakrishna in a queue at Punjagutta PHC. ‘SUPER SPREADERS’ TO SOON GET JABS Hyderabad: The State government has decided to take up special Covid19 vaccination drives for vendors of various markets and LPG delivery staff, who are seen as potential ‘super spreaders’ of the virus. All LPG delivery staff, fair price shop dealers, workers at petrol pumps, auto rickshaw and cab drivers, vendors in Rythu Bazaars, vendors at fruit, vegetable and flower markets, and shopkeepers at kirana stores, liquor P4 shops and non-vegetarian markets will be included in the drive. The doctors are going on strike since the government could not give them any assurance on their four principal demands, which they said were intended to improve the working conditions of healthcare workers. The students, who are also supported by other healthcare workers, are demanding the government to is- sue a GO that provides ex-gratia for martyred healthcare workers and allotment of a separate hospital in the State where healthcare workers and their families could avail free Covid-19 treatment. Their other demands include release of incentives promised by the government with retrospective effect from January 2020, and not from January CONTINUED ON P4 2021.
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