Coming up at 5 pm | #COVID restrictions owing to the third wave hit India's #retail sector in January with overall sales falling 9%.

Mumbai reports 1,310 fresh #COVID cases in the past 24 hours

From Bloomberg: Japan’s capital Tokyo set to raise #COVID warning to highest ‘Red’ level

#Oil falls after China signaled no relaxation of its #Covid Zero stance.

#Apple warns #COVID restrictions in #China are hurting iPhone production, and the company now expects 'lower #iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated'

#Oil declines as U.S. crude inventories rose while China struggles to contain rising #Covid cases.

CDSCO grants EUA nod to Bharat Biotech's #COVID nasal vaccine, #iNCOVACC. EUA for nasal vax granted for restricted emergency use as 3rd dose for those above 18 yrs of age

The nasal vaccine can be taken after 6 months of 2nd dose

#Oil surges at the week’s open following a pledge from #China to revive consumption as #Covid Zero is abandoned.

Asian stocks follow Wall Street lower as the #Fed’s resolve to keep raising rates and a wave of #Covid in Beijing damped sentiment for riskier assets. #BQMarkets

#Oil extends gains as investors weighed the outlook for energy demand after end of strict #Covid Zero policy in China.

Health #Ministry will conduct a mock drill across all #health facilities across the country on December 27, 2022. The exercise aims at identifying the operational readiness of these health facilities for #COVID management

Equities and #crude oil climb while the #dollar declines amid positive sentiment from #China’s rollback of #Covid isolation measures.

#Oil extends losses on concerns that #China’s rapid dismantling of its #Covid Zero policy could lead to a surge in cases worldwide.

India reports over 7,800 new #COVID-19 cases, highest in 7 months

#COVID is around 2-3% of #revenue contribution at an industry level. Going forward, industry will witness steady #growth. There have been new entrants in the industry which has led to heavy discounting in the industry, says Om Manchanda of Dr Lal PathLabs

#COVID impacted #revenue & #profit, #FY23 core business saw 13% volume growth (ex-COVID). Despite opening 15 #labs in #FY23, #margin dilution was at 1.5%. New network contribution to increase from 3% to 5%, says Ameera Shah of Metropolis Health

#Lufthansa had terminated 102 cabin crew in 2021 as it could not pay them due to #COVID
pandemic

#Alert: Of the 102 cabin crew, 31 had settled the matter with management, rest took separate legal re-courses

#TCS Earnings Preview: #Tatagroup giant may report its slowest #June quarter excluding #Covid period

India sees a single-day rise of 656 #Covid infections while the active cases increase to 3,742.