We have a wonderful relationship with PM Modi, India: US

Agencies
November 30, 2017

Washington DC, Nov 30: The United States administration of President Donald Trump on Thursday hailed Global Entrepreneurship Summit (GES) which is being held in India's Hyderabad and said that its tremendous success is indicative of the strong bilateral relationship between the two great nations.

Calling the GES Summit a "tremendous success", the Spokesperson for the United States Department of State, Heather Nauert, said, "I am so proud that the US and India held the Global Entrepreneurship Summit in Hyderabad... I think it's a tremendous success when we bring in 1500 entrepreneurs from around the world."

Hailing the Indo-US ties, Nauert said, ''We have a wonderful relationship with PM Modi and India. A part of our constant conversations is to do more to help with North Korea. It is a global problem and a threat. Hope that India will do more and we’ll continue to have those conversations with government.''

When asked about Ivanka Trump leading the US delegation in the summit, she said, "We are also proud that Ivanka Trump, President Donald Trump's daughter and one of his most trusted and closest adviser, led the US delegation over there. I, personally, think of no better representative of a woman entrepreneur in the US than her to go over there."

Ivanka Trump was personally invited by Prime Minister Narendra Modi in June earlier this year to spearhead the delegation.

Ivanka's visit to India has been clouded by US media reports questioning Trump's clothing line and its supply chain as well as what some view as a snub by Rex Tillerson, the US Secretary of State, who had reportedly refused to send senior staff with Trump to India. But Nauert clearly rubbished these reports.

"The State Department was very much involved in helping to facilitate all of these. We have a bunch of people on the ground there," the US spokesperson added.

On the 1500 entrepreneurs from across the world attending the summit, Nauert said, "Our embassies helped in nominating, if I understand that correctly, many of the entrepreneurs from around the world. Picking entrepreneurs saying that we would like to help you get to India to be able to talk about the great work you are doing, the jobs that you are growing."

"Part of the theory behind that is women's empowerment and getting more women into the workforce by helping them succeed in growing companies by finding investors for those companies. So, we are pleased with that, that we brought in 1500 and more than half of those are women," she added.

The three-day summit, which is being hosted for the first time in South East Asia, began in Hyderabad on Monday.

"Technology is a great driver of entrepreneurship because a lot of women are leaving and saying this doesn't work for me. It is emboldening them to go out on their own. It is reducing barriers to starting new businesses, and creating flexibility around the schedule," Ivanka Trump had said earlier in the summit.

Ivanka Trump and the US delegates accompanying her were given a red carpet welcome in India and treated to a variety of Hyderabadi delicacies includingh biryani.

US President Donald Trump's daughter and other delegates of the GES Summit also attended a gala dinner hosted by Prime Minister Narendra Modi at the iconic Taj Falaknuma Palace on Tuesday.

Modi, Telangana Governor ESL Narasimhan, Chief Minister K Chandrasekhar Rao and some top politicians and industrialists dined with Ivanka on the 101-seater dining table at the palace hotel.

Ivanka and the US officials accompanying her were given a 'taste of India' at the extravagant dinner and were treated to famous Hyderabadi specialities like dahi ke kebab, gosht shikampuri kebab, kubani ke malai kofta, murg pista ka salan and sitaphal kulfi.

The five-course meal centred around the cuisine of Hyderabad and was reportedly designed by the Taj Falaknuma’s Executive Chef Sajesh Nair.

Ivanka was given a royal treatment and was ferried from the main gate to the palace atop the hill in a horse-drawn carriage of the Nizam era. She and other guests were greeted with a rose petal shower on entering the palace.

The White House advisor also went around the palace, which was once the residence of the Nizam, the ruler of erstwhile princely State of Hyderabad.

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News Network
March 28,2020

Washington, Mar 28: A US-based lab has unveiled a portable test that can tell if someone has COVID-19 in as little as five minutes, it said in a statement Friday.

Abbot Laboratories said the US Food and Drug Administration (FDA) had given it emergency authorization to begin making the test available to healthcare providers as early as next week.

The test, which is the size of a small toaster and uses molecular technology, also shows negative results within 13 minutes, the company said in a press statement.

"The COVID-19 pandemic will be fought on multiple fronts, and a portable molecular test that offers results in minutes adds to the broad range of diagnostic solutions needed to combat this virus," said Abbot president and chief operating officer Robert Ford.

The test's small size means it can be deployed outside the "traditional four walls of a hospital in outbreak hotspots," Ford said, and Abbott is working with the FDA to send it to virus epicenters.

The test has not been cleared or approved by the FDA, and has only been authorized for emergency use by approved labs and healthcare providers, the company said.

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News Network
May 22,2020

Mumbai, May 22: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the economy which has been reeling under the impact of COVID-19 induced countrywide lockdown.

As a result, the reverse repo rate stands at 3.35 per cent, said RBI Governor Shaktikanta Das. The six-member monetary policy committee (MPC) voted 5:1 in favour of the decision.

Repo rate is the rate at which a country's central bank lends money to commercial banks, and the reverse repo rate is the rate at which it borrows from them. 

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Agencies
March 15,2020

Houston, Mar 15: Researchers, studying the novel coronavirus, have found that the time between cases in a chain of transmission is less than a week, and over 10 per cent of patients are infected by someone who has the virus, but does not show symptoms yet, a finding that may help public health officials contain the pandemic.

The study, published in the journal Emerging Infectious Diseases, estimated what's called the serial interval of the coronavirus by measuring the time it takes for symptoms to appear in two people with the virus -- the person who infects another, and the infected second person.

According to the researchers, including those from the University of Texas at Austin, the average serial interval for the novel coronavirus in China was approximately four days.

They said the speed of an epidemic depends on two things -- how many people each case infects, and how long it takes cases to spread.

The first quantity, the scientists said, is called the reproduction number, and the second is the serial interval.

Due to the short serial interval of the disease caused by the coronavirus -- COVID-19 -- they said, emerging outbreaks will grow quickly, and could be difficult to stop.

“Ebola, with a serial interval of several weeks, is much easier to contain than influenza, with a serial interval of only a few days,” said Lauren Ancel Meyers, study co-author from UT Austin.

Meyers explained that public health responders to Ebola outbreaks have much more time to identify and isolate cases before they infect others.

“The data suggest that this coronavirus may spread like the flu. That means we need to move quickly and aggressively to curb the emerging threat,” Meyers added.

In the study, the scientists examined more than 450 infection case reports from 93 cities in China, and found the strongest evidence yet that people without symptoms must be transmitting the virus -- known as pre-symptomatic transmission.

More than one in ten infections were from people who had the virus but did not yet feel sick, the scientists said.

While researchers across the globe had some uncertainty until now about asymptomatic transmission with the coronavirus, the new evidence could provide guidance to public health officials on how to contain the spread of the disease.

“This provides evidence that extensive control measures including isolation, quarantine, school closures, travel restrictions and cancellation of mass gatherings may be warranted,” Meyers said.

The researchers cautioned that asymptomatic transmission makes containment more difficult.

With hundreds of new cases emerging around the world every day, the scientists said, the data may offer a different picture over time.

They said infection case reports are based on people's memories of where they went and whom they had contact with, and if health officials move quickly to isolate patients, that may also skew the data.

“Our findings are corroborated by instances of silent transmission and rising case counts in hundreds of cities worldwide. This tells us that COVID-19 outbreaks can be elusive and require extreme measures,” Meyers said.

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