Policy balance
The recent appointment of Sanjay Malhotra as Governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das, signals a pivotal shift in India’s monetary policy dynamics.
The coronavirus caseload in India has risen to 98.57 lakh, while the number of people who have recuperated from the disease surged to 93.57 lakh.
This pushed the national recovery rate to 94.93 per cent, according to the Union Health Ministry data.
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Till Monday morning, the total coronavirus cases were recorded at 98,57,029 with 30,254 infections being reported in the last 24 hours.
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The death toll rose to 1,43,019 with 391 new fatalities, the data showed.
The total number of cured patients surged to 93,57,464 pushing the national recovery rate to 94.93 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
There are 3,56,546 active coronavirus infections in the country which comprises 3.62 per cent of the total caseload, the data stated.
India’s COVID-19 tally had crossed the 20-lakh mark on August 7, 30 lakh on August 23 and 40 lakh on September 5. It went past 50 lakh on September 16, 60 lakh on September 28, 70 lakh on October 11, crossed 80 lakh on October 29, and surpassed 90 lakh on November 20.
According to the ICMR, 15,37,11,833 samples have been tested up to December 12 with 10,14,434 samples being tested on Saturday.
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