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Tag: fall

Home loan rates set to dip to 15-year low, EMIs to fall

Home loan rates set to dip to 15-year low, EMIs to fall

Finance
NEW DELHI: The RBI's announcement is good news for home loan borrowers with a secure income, as interest rates in this category will come down by 40 basis points (100bps equal 1 percentage point) to around 7%. This is the lowest level in over 15 years. Also, borrowers who are facing income uncertainty because of the Covid-19 lockdown can avail of an additional three-month moratorium to get their finances in order. Those borrowers who have not availed of a moratorium so far but are now facing income pressure can still defer their repayments for three months. For a loan of Rs 30 lakh with a remaining maturity of 15 years, the net additional interest would be approximately Rs 2.34 lakh — equal to eight EMIs. A part of this burden could come down because of the reduction in interest rates. For
Measles vaccinations in U.S. children fall up to 60 percent since pandemic, CDC says

Measles vaccinations in U.S. children fall up to 60 percent since pandemic, CDC says

Health
May 8 (UPI) -- Pediatric vaccination against measles has declined by as much as 60 percent nationally since the start of the COVID-19 outbreak, according to data released Friday by the U.S. Centers for Disease Control and Prevention. The reduced number of vaccine doses ordered and administered under the agency's pediatric vaccines program could leave young people vulnerable to measles after coronavirus-caused social distancing restrictions are lifted, CDC said in the report. Currently, the CDC recommends that children receive two doses of the measles-mumps-rubella, or MMR, vaccine, with the first dose given at 12 to 15 months old and the second at ages 4 to 6. Teens and adults also should be current on their MMR vaccination, the agency said. The CDC's Vaccines for Children program is a f...
Coronavirus: Care home deaths up as hospital cases fall

Coronavirus: Care home deaths up as hospital cases fall

Health
A third of all coronavirus deaths in England and Wales are now happening in care homes, figures show.Office for National Statistics data showed there were 2,000 coronavirus care home deaths in the week ending 17 April - double the previous week.Projections for the following week - up to last Friday - suggested the numbers have since continued to rise.It comes as coronavirus hospital deaths have started falling after peaking on 8 April.How quickly are care home deaths rising?Information about care home deaths are not included in the daily updates provided by government.Those figures cover only deaths in hospital.But the ONS has been able to track community deaths too by looking at death certificates.This means the data lags behind the hospital figures. ...
Economy headed for biggest fall on record, and may not bounce back – Bank of England boss

Economy headed for biggest fall on record, and may not bounce back – Bank of England boss

Business
The Bank of England governor says the British economy may be heading for its worst three months since comparable records began, with a 35% plunge in GDP "not implausible" in this quarter.In a conference call with reporters, Andrew Bailey said high frequency data monitored by the Bank suggested the scenario published by the Office for Budget Responsibility (OBR) earlier this week, sketching out an unprecedented collapse in GDP in the second quarter, was "quite within the grounds of possibility". ...
Coronavirus: Lockdown prompts clear fall in UK air pollution

Coronavirus: Lockdown prompts clear fall in UK air pollution

Science
Air pollution has started to fall in many UK cities in response to the lockdown measures introduced as a result of the coronavirus crisis.The trend mirrors that seen across continental Europe as people have spent less time in vehicles, offices and factories and more time at home.Data collected by the National Centre for Atmospheric Science shows marked reductions in nitrogen dioxide (NO2) and in particulate matter (PM2.5).And the falls look set to continue."If you look at traffic volumes, they're still going down. And so we probably haven't reached the bottom yet," said Prof Ally Lewis, director of science at the NCAS."A few days ago, we were talking about journeys by car going down by about a third, and now it's nearly a 50-60% ...