India reported more than 300,000 new coronavirus cases on Monday for the twelfth day straight, taking its overall caseload to just shy of 20 million. Deaths rose by 3,417.
The nation’s total coronavirus infections stand at 19.93 million, with 368,147 new cases over the past 24 hours. Total fatalities reached 218,959, according to its health ministry.
Medical experts say real numbers across the country of 1.38 billion could be five to 10 times higher.
But the health ministry offered a glimmer of hope, reporting that positive cases relative to the number of tests conducted fell on Monday for the first time since at least April 15.
India's cases may peak from May 3 to 5 – according to a mathematical model from scientists advising the government – a few days earlier than estimated, as the virus spread faster than expected.
In Delhi, where lockdown has been extended by a week, several hospital authorities sought court intervention over oxygen supplies.
The New Delhi High Court said it would start punishing government officials if supplies of oxygen allocated to hospitals were not delivered.
India opened its vaccination campaign to people aged 18 to 44 on Saturday.
The nation is the world’s biggest producer of vaccines, but even the ongoing effort to inoculate people above 45 is stuttering. Since January, 10 per cent of Indians have received one dose, but only about 1.5 per cent have received both.
Pfizer is in discussions with the Indian government, seeking an "expedited approval pathway" for its vaccine. It also announced a donation of medicines worth more than $70 million.
"Unfortunately, our vaccine is not registered in India, although our application was submitted months ago," CEO Albert Bourla said on LinkedIn.
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Workers construct funeral pyre plinths on barren land near a crematorium in New Delhi, India. Bloomberg -

A medical worker in PPE observes patients who have been infected by Covid-19 inside a makeshift covid care facility in a sports stadium at the Commonwealth Games Village in New Delhi. Getty Images -

Oxygen tankers are seen on a special train 'Oxygen Express' upon their arrival at a station amidst rising Covid-19 coronavirus cases, in Hyderabad. AFP -

A woman reacts as a health worker prepares to collect a nasal swab sample to test for the Covid-19 coronavirus at primary health centre, in Hyderabad. AFP -

A woman, who came to receive a dose of a coronavirus disease vaccine, stands in front of a closed gate of a vaccination centre which was closed due to unavailability of the supply of COVID-19 vaccine, in Mumbai, India. Reuters -

A worker sprays disinfectant inside a function hall temporarly converted into a quarantine centre for Covid-19 coronavirus patients, in Hyderabad. AFP -

A man with a breathing problem receives oxygen support for free at a Gurudwara (Sikh temple), amidst the spread of coronavirus disease, in Ghaziabad, India. Reuters -

A volunteer uses a pulse oximeter to check the oxygen saturation of a man's blood before providing him oxygen support for free at a Gurudwara (Sikh temple), amidst the spread of coronavirus disease, in Ghaziabad, India. Reuters -

Volunteers prepare meals to be donated to patients across the city suffering from Covid-19, made at the Gurudwara Bangla Sahib, in New Delhi. Getty Images -

Volunteers load meals to be donated to patients across the city suffering from Covid-19, made at the Gurudwara Bangla Sahib, in New Delhi. Getty Images -

Patients suffering from Covid-19 are treated with free oxygen at a makeshift clinic outside the Shri Guru Singh Sabha Gurdwara in Indirapuram, Uttar Pradesh, India. Getty Images
The severity of the crisis has prompted a number of countries to introduce travel bans and restrictions for citizens traveling to, or returning from India.
The Philippines government said on Monday that it would extend a ban on entry for Indian citizens, while Australia defended its decision to penalise its own citizens entering the country within two weeks of being in India.
The Australian government said it had "strong, clear and absolute" belief the move was legal.

Greg Hunt, Australia's minister for health, pointed to the alarming surge of coronavirus cases in India and the pressure on Australia's health system as reasons to pause travel until May 15. Australia, which has largely contained the coronavirus, closed its borders to non-citizens in March 2020.
"It's a high-risk situation in India," Mr Hunt said.
The Australian Human Rights Commission lambasted the decision, urging lawmakers to immediately review the restrictions. It will approach the government directly with its concerns, it said.
Returning residents and citizens must undergo a mandatory two-week hotel quarantine at their own expense. Australia has seen 22,245 cases of community transmission and 910 deaths since the start of the pandemic.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
What is Folia?
Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.
Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."
Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.
In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love".
There are also plans to take Folia to several more locations throughout the Middle East and Europe.
While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."
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Uefa Champions League semi-final, first leg
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Belgian authorities joined French police in banning the threatened blockade. A similar lorry cavalcade was planned for Friday in Vienna but cancelled after authorities prohibited it.
the pledge
I pledge to uphold the duty of tolerance
I pledge to take a first stand against hate and injustice
I pledge to respect and accept people whose abilities, beliefs and culture are different from my own
I pledge to wish for others what I wish for myself
I pledge to live in harmony with my community
I pledge to always be open to dialogue and forgiveness
I pledge to do my part to create peace for all
I pledge to exercise benevolence and choose kindness in all my dealings with my community
I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity
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Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
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