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<ul><li>A new strain of COVID-19 that combines features of the Delta and <keyword id="1609796" type="General" weightage="20" keywordseo="omicron" source="Orion">Omicron</keyword> named Deltacron variants has been found in Cyprus.</li><li>As per media reports, 25 cases of <keyword id="12920313" type="General" weightage="20" keywordseo="deltracron" source="Orion">Deltracron</keyword> have been found in Cyprus.</li><li>However, the World Health Organization (WHO) has not yet recognised the new variant.</li></ul>After a widely spread COVID-19 variant Omicron, now another variant has hit a corner of the world, in Cyprus. What is the new virus ‘Deltacron’ all about? <a href="https://www.bloomberg.com/news/articles/2022-01-08/cyprus-finds-covid-19-infections-that-combine-delta-and-omicron">Bloomberg reported</a> that a new strain of COVID-19 that combines features of the Delta and Omicron named Deltacron variants has been found in Cyprus. The term Deltacron has been coined by Leondios Kostrikis, professor of biological sciences at the University of Cyprus and head of the Laboratory of Biotechnology and Molecular Virology. Cases of Deltacron As per media reports, 25 cases of Deltracron have been found in Cyprus. "We will see in the future if this strain is more pathological or more contagious or if it will prevail," said Kostrikis in an interview. Reports say that Deltacron is higher among patients hospitalised due to COVID-19 as compared to non-hospitalised patients. Not much to worry about Note that the World Health Organization (WHO) has not yet recognised the new variant yet. Virologist Tom Peacock said on <a href="https://twitter.com/PeacockFlu/status/1475928935745699840">Twitter </a>that Deltacron may not be an actual variant, but possibly a result of contamination. <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[ ]]></cdata></div><a href="https://www.indiatoday.in/coronavirus-outbreak/story/new-covid-variant-claim-deltacron-cyprus-what-we-know-so-far-1898011-2022-01-09">Reportedly</a> Sunit K Singh, virologist and professor at Institute of Medical Sciences at Banaras Hindu University also indicated that Deltacron might not be very alarming. “It is in the nature of an RNA virus such as SARS-CoV-2, especially of a respiratory nature, to mutate. While we may find many mutations, its recombinant forms need to be processed. In public health, not every mutation is alarming,” he said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/india-starts-third-dose-for-population-above-60-with-comorbidities/articleshow/88803159.cms">India starts precautionary dose for population above 60 with comorbidities — All you need to know</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/parliamentary-standing-committee-meetings-cancelled-after-400-staffers-test-covid-19-positive/articleshow/88802411.cms">Parliamentary standing committee meetings cancelled after 400 staffers test COVID-19 positive</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/indias-daily-covid-19-cases-12-5-higher-than-yesterday-omicron-tally-reaches-4033/articleshow/88802247.cms">India’s daily COVID-19 cases 12.5% higher than yesterday, Omicron tally reaches 4,033</a>

Deltacron – All you need to know about the new variant

<ul class="summary-list"><li>A researcher in <keyword id="12916439" type="UNKNOWN" weightage="60" keywordseo="cyprus" source="Orion">Cyprus</keyword> believes he has identified a new <keyword id="11893194" type="UNKNOWN" weightage="60" keywordseo="coronavirus" source="Orion">coronavirus</keyword> variant.</li><li>The professor Leondios Kostrikis says his team has found 25 cases of what he calls "<keyword id="12916440" type="UNKNOWN" weightage="60" keywordseo="deltacron" source="Orion">Deltacron</keyword>."</li></ul>A researcher in Cyprus says he has identified a new coronavirus variant dubbed "Deltacron," which combined the Delta and Omicron variants, <a href="https://www.bloomberg.com/news/articles/2022-01-08/cyprus-finds-covid-19-infections-that-combine-delta-and-omicron?sref=ctSjKj2N" target="_blank" rel="noopener">Bloomberg News reported</a>.Leondios Kostrikis, a professor of biological sciences at the University of Cyprus, said in an interview with Sigma TV on Friday that he and a team of researchers had identified 25 cases of Deltacron.It's too early to tell what kind of impact Deltacron will have, Kostrikis told Sigma TV, according to Bloomberg <keyword id="11893589" type="UNKNOWN" weightage="60" keywordseo="news" source="Orion">News</keyword>."We will see in the future if this strain is more pathological or more contagious or if it will prevail," he said. But he expressed doubts it would overtake Omicron, which is <a href="https://www.businessinsider.com/omicron-variant-makes-95-percent-recent-coronavirus-cases-us-cdc-2022-1">highly contagious and spreads quickly</a>.At least one virologist, however, doubts the 25 cases discovered by Kostrikis and his team are actually caused by a new variant.Tom Peacock, a virologist at Imperial Department of Infectious Disease in Britain, said in a tweet on Saturday that it could be a contamination."The Cypriot 'deltacron' sequences reported by several large media outlets look to be quite clearly contamination — they do not cluster on a phylogenetic tree and have a whole Artic primer sequencing amplicon of omicron in an otherwise delta backbone," he said.<keyword id="11893994" type="UNKNOWN" weightage="60" keywordseo="covid-19" source="Orion">COVID-19</keyword> cases are spreading rapidly around the world and <a href="https://www.businessinsider.com/us-records-over-1-million-covid-19-cases-setting-record-2022-1">particularly in the US</a>.

A researcher in Cyprus reportedly identified 'Deltacron,' a coronavirus variant thought to combine Delta and Omicron

<keyword id="6366153" type="General" weightage="20" keywordseo="Defence-Minister" source="Orion">Defence Minister</keyword> <keyword id="6355121" type="General" weightage="20" keywordseo="rajnath-singh" source="Orion">Rajnath Singh</keyword> on Monday said that he had tested positive for <keyword id="8764262" type="General" weightage="100" keywordseo="covid" source="Orion">Covid</keyword>. In a tweet, he said, "I have tested positive for Corona today with mild symptoms. I am under home quarantine. I request everyone who have recently come in my contact to isolate themselves and get tested." Former Union Minister and Lok Sabha member Rajyavardhan Singh Rathore also tested positive for Covid on Monday. Union Minister <keyword id="4032986" type="General" weightage="20" keywordseo="Rajeev-Chandrashekhar" source="Orion">Rajeev Chandrashekhar</keyword> tested positive on Sunday. In a tweet, he had said: "And after succeeding in avoiding #COVID19 for last 21 months, it finally catches up wth me tdy as I tested +ve tdy." Recently several Union Ministers tested positive for Covid. These include Mahendra Nath Pandey, Raosaheb Patil Danve, Bharti Pawar, Nityanand Rai, and S.P. Singh Baghel. BJP MPs Varun Gandhi and Manoj Tiwari also tested positive for Covid. Tiwari, however, has recovered from infection as recent report on Saturday came negative. Today, <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword> registered single-day rise of 1,79,723 new Covid cases and 146 deaths. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/india-starts-third-dose-for-population-above-60-with-comorbidities/articleshow/88803159.cms">India starts precautionary dose for population above 60 with comorbidities — All you need to know</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/all-you-need-to-know-about-the-new-variant-deltacron/articleshow/88805635.cms">Deltacron – All you need to know about the new variant</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/omicron-in-india-maharashtra-continues-to-be-worst-hit-state-rajasthan-outnumbers-delhi/articleshow/88805948.cms">Omicron in India: Maharashtra continues to be worst hit state, Rajasthan outnumbers Delhi</a>

Defence Minister Rajnath Singh tests positive for COVID-19

World No. one tennis player <keyword id="55696" type="General" weightage="20" keywordseo="novak-djokovic" source="Orion">Novak Djokovic</keyword> on Monday won the legal battle in his bid to remain in <keyword id="6355478" type="General" weightage="80" keywordseo="australia" source="Orion">Australia</keyword>, with a court ordering his immediate release from immigration detention. "Novak Djokovic be released from immigration detention, finding the government's decision to revoke the tennis star's visa to enter the country was unreasonable," Judge Anthony Kelly said. Judge Kelly ordered Djokovic be released within 30 minutes and his passport and other travel documents returned to him, rekindling the world number one's chance to win a record 21st <keyword id="6465592" type="General" weightage="20" keywordseo="grand-slam" source="Orion">Grand Slam</keyword> title at the upcoming Australian Open. However, lawyers for the federal government told the court the country's immigration minister was reserving the right to exercise his personal power to again revoke Djokovic's visa. With the Australian government facing a humiliating and high profile defeat, lawyer <keyword id="12920706" type="General" weightage="20" keywordseo="christopher-tran" source="Orion">Christopher Tran</keyword> informed the judge that immigration minister <keyword id="2388451" type="General" weightage="20" keywordseo="alex-hawke" source="Orion">Alex Hawke</keyword> may step in with executive powers and could still cancel his visa on new grounds. "I'm instructed (the minister) will consider whether to exercise a personal power of cancellation," he said. Djokovic, 34, has been held in an immigration detention hotel alongside long-term asylum seeker detainees since Thursday. He was permitted to attend his lawyers' chambers for the virtual hearings but has not been seen in public since he arrived in Australia. His lawyers argued that a recent Covid-19 infection qualified Djokovic for the medical exemption from a requirement for non-Australian citizens entering the country to be double vaccinated. The Australian government, however, said non-citizens had no right of guaranteed entry to Australia, questioned his claimed exemption and stressed that even if Djokovic wins the court action, it reserved the right to detain him again and remove him from the country. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/omicron-in-india-maharashtra-continues-to-be-worst-hit-state-rajasthan-outnumbers-delhi/articleshow/88805948.cms">Omicron in India: Maharashtra continues to be worst hit state, Rajasthan outnumbers Delhi</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/all-you-need-to-know-about-the-new-variant-deltacron/articleshow/88805635.cms">Deltacron – All you need to know about the new variant</a>

Tennis player Novak Djokovic wins the legal battle to remain in Australia

With 410 fresh <keyword id="1609796" type="General" weightage="100" keywordseo="omicron" source="Orion">Omicron</keyword> infections detected in the last 24 hours, the national tally of this highly transmissible variant of the coronavirus has climbed to 4,033. Of the total, 1,552 people have recovered from the new strain nationwide so far, said Union Health Ministry on Monday morning. As per the health ministry, the Omicron infection has spread into 27 States and UTs so far. <keyword id="13126" type="General" weightage="20" keywordseo="Maharashtra" source="Orion">Maharashtra</keyword> continues to be worst hit at 1,216 Omicron infections with 207 cases detected in the last 24 hours. Of them, 454 patients have been discharged. However, <keyword id="6355588" type="General" weightage="20" keywordseo="rajasthan" source="Orion">Rajasthan</keyword> has replaced <keyword id="66" type="General" weightage="80" keywordseo="delhi" source="Orion">Delhi</keyword> at second position with total 529 Omicron cases, out of which 305 have been discharged so far. Delhi continues with 513 Omicron cases. Of them, 57 have been discharged from the hospital so far. Delhi is followed by Karnataka with 441 cases of this variant. Kerala has registered 333 Omicron cases so far. Among other states, Gujarat has so far detected 236 cases, while Tamil Nadu continues with 185 cases. Telangana and Haryana also have 123 Omicron cases each. Poll bound Uttar Pradesh has 113 cases of this variant. The number of cases however has risen to 74 in Odisha and 28 in Andhra Pradesh. Punjab and West Bengal have 27 cases each and Goa has 19 Omicron cases, as per the health ministry data. Madhya Pradesh has reported one fresh Omicron case in 24 hours, taking the tally to 10. However, the Omicron case count continues in single digit for Assam at 9 and Uttarakhand at 8. Meghalaya has 4 Omicron cases so far. Chandigarh, Jammu and Kashmi, Andman and Nicobar Islands have so far 3 cases each and Puducherry has 2 cases. Meanwhile, Himachal Pradesh and Ladakh, Manipur and Chhattisgarh continue with one case of this variant each so far. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/all-you-need-to-know-about-the-new-variant-deltacron/articleshow/88805635.cms">Deltacron – All you need to know about the new variant</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/samsung-launches-galaxy-s21-fe-5g-in-india-featuring-a-triple-camera-setup-starting-at-49999/articleshow/88805757.cms">Samsung launches Galaxy S21 FE 5G in India featuring a triple camera setup, starting at ₹49,999</a>

Omicron in India: Maharashtra continues to be worst hit state, Rajasthan outnumbers Delhi

<ul><li><keyword id="6357120" type="General" weightage="20" keywordseo="paytm" source="Orion">Paytm</keyword>’s stock has crashed more than 40% to ₹1,170 since it got listed on November 18, 2021 from its IPO price of ₹2,080.</li><li>Analysts at global brokerage firm Macquarie expect the stock to fall over 50% more to ₹900 due to regulatory challenges, slowing merchant loan business, rising attrition and thereby increasing employee cost and so on.</li><li>Check out our <a href="https://www.businessinsider.in/bi-newsletter">weekly explainers</a> on the hottest topics and <a href="https://www.businessinsider.in/newsletters_signup.cms">sign up</a> if you like them</li></ul>Shares of One 97 Communications — the parent company of digital payments giant Paytm is in deep red as analysts feel the company is headed for more losses with the coming time. The stock is down over 40% from its lower initial public offering (IPO) price of ₹2,080 per share. <div type="image" title="paytm share 2" height="900" width="1200" msid="88810320" hostid="261"></div>Global brokerage from Macquarie expects Paytm’s stock to fall 50% more to ₹900 per share as it sees many struggles awaiting the payment company. Following this, on Monday, shares of the company slipped nearly 6% and ended at ₹1,159. What are the struggles? Recently, Paytm’s foray into the insurance broking business was rejected by Insurance Regulatory and Development Authority of India (IRDAI), which pointed towards the challenges it is facing in clearing regulatory hurdles. This may come in its ways of getting a banking licence. RBI’s proposed digital payments regulations could cap Paytm’s wallet charges. “Payments business still forms 70% of overall gross revenues for Paytm and hence any regulations capping charges could impact revenues significantly,” said the report by Macquarie. Currently, one has to pay a charge of about 2-2.5% for executing digital transactions through credit card, debit card and wallets. In relation to this, RBI is studying the charges levied on digital payments and may cut down these charges, which will have an adverse effect on payment service providers like Paytm. Rising attrition thereby leading to higher employee cost is another cause of concern for Paytm, according to the Macquarie report. Summing up some of the struggles faced by Paytm, brokerage firm Macquarie has cut down its expectation for the company. “We cut our earnings (increase our loss projections) by 16-27% for FY 22-25 earnings estimate owing to lower revenues and higher employee and software expenses,” said the report. Adding to it, in the last one year, Paytm’s average ticket size for loans disbursed has been consistently coming down. <div type="image" title="paytm average ticket" height="900" width="1200" msid="88810346" hostid="261"></div>Here is a two-minute video explaining why Paytm is struggling to make money: <div type="Video" msid="88035227" hostid="261" title="When will Paytm start making money" dataSource="BUSINESSINSIDER" thumbUrl="https://denmark.timesinternet.in/cmslite/api/app/images.jpg?msid=88035227"></div>“Now, we need to see how the management responds to this, because earlier they (Paytm) completely retaliated against Macquarie report (when it had cut down <a href="https://www.businessinsider.in/stock-market/news/paytm-has-lost-8-billion-in-valuation-in-two-days-of-listing/articleshow/87840891.cms">Paytm’s earnings estimates</a> in November), it said the brokerage firm does not understand its business model. So, right now what kind of institutional interest will attract Paytm is important,” Kranthi Bathini, director of equity strategy at WealthMills Securities, told Business Insider. “How funds are going to position themselves is very important for Paytm now,” he added. Business Insider has reached out to Paytm for its comments on the Macquarie report. The story will be updated if and when we receive a response. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/all-you-need-to-know-about-the-new-variant-deltacron/articleshow/88805635.cms">Deltacron – All you need to know about the new variant</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/enterprise/news/infosys-is-expected-to-set-the-bar-slightly-higher-for-tcs-hcl-tech-and-others/articleshow/88703083.cms">Infosys may show faster growth than TCS in the Dec quarter, say analysts</a>

Paytm’s stock down over 40% since listing; here’s why analysts expect it to sink deeper

By Paul Griffin, The University of Queensland It seems every few weeks we hear about a new COVID variant, and it's hard to know how concerned we ought to be. A "recombinant" variant has emerged, dubbed "<keyword id="1609796" type="General" weightage="100" keywordseo="omicron" source="Orion">Omicron</keyword> XE", which is the result of two omicron strains merging together in a single host and then going on to infect others. So what do we know about this new hybrid, and do we need to worry? A bit about Omicron and its variants Omicron is a variant of the SARS-CoV-2 virus that was first discovered in Botswana on November 11 2021 and designated a variant of concern by the WHO on November 26. Since this time, it has been transmitted worldwide and replaced <keyword id="13452822" type="COMPANY" weightage="50" keywordseo="delta" source="Orion" meta.marketcap="5.23121" meta.tagname="Delta Industrial Resources Ltd" meta.tagpopularcount="0" meta.sectorid="542" meta.entitytype="company" meta.matchtype="exact" meta.aum="0" meta.entityid="2207" meta.tagseoname="delta-industrial-resources-ltd" meta.sector="Miscellaneous" meta.tagnameorg="Delta Industrial Resources Ltd.">Delta</keyword> to become the dominant variant. Omicron has since continued to evolve to have multiple different lineages, or genetically related subvariants. This includes the original Omicron BA.1 (B.1.1.529) and also BA.2 and BA.3. BA.2 is more infectious than BA.1 and has now taken over or outcompeted BA.1 to become the new dominant form of the SARS-CoV-2 virus worldwide, with the WHO officially announcing this to be the case on March 22 2022. The differences we have seen with Omicron relative to previous variants are explained by the relatively large number of mutations it has acquired, with 60 mutations not found in the original virus arising from Wuhan, <keyword id="1334" type="General" weightage="20" keywordseo="china" source="Orion">China</keyword>. Among these mutations are 32 genetic changes in the spike protein. The spike protein is the part of the virus it uses to attach to human cells, as well as the target of the immune response against the virus, from both vaccines and prior infection. BA.2 shares many of these same mutations as the original Omicron variant, but also has 28 unique genetic changes of its own. Four of these genetic changes are in the spike protein, which explains why some of its characteristics are different to the original Omicron variant (BA.1), including the fact it appears to be approximately 30 to 50% more infectious than BA.1. What's a 'recombinant'? Just as we have seen new variants arise, followed by the evolution of subvariants or different lineages, the SARS-CoV-2 virus has continued to change in other ways as well. In recent times we have seen not just spontaneous changes in the genetic code that have accounted for the changes described above, but also so-called recombinants. A recombinant is where related viruses exchange genetic material to create offspring with genetic material from both parent viruses. This can arise when viruses of two different strains (or variants or subvariants) co-infect the same cell. The genetic material of the viruses can get mixed and packaged together to make a new recombinant virus, with properties of either or both parent viruses. The properties of the recombinant virus therefore depend on which parts of the genetic material from the parent viruses make it into the new version - just like you might have your mum's nose and your dad's knees. When Delta and Omicron recombine, the resulting progeny have been referred to as "Deltacron" (although more officially these are referred to as XD and XF). This type of recombinant was first identified in France in mid-February and seems to have a genetic sequence mostly the same as Delta, but with aspects of the spike protein from Omicron BA.1. So what is XE and where is it spreading? XE is a recombination of BA.1 and BA.2. There are many other BA.1 and BA.2 recombinants, including XQ in the UK, XG from Denmark, XJ from Finland and XK from Belgium. While XE still comprises a small proportion of total sequenced cases, it has shown evidence of community transmission, at least within England where it was first detected in mid-January. There have now been just over 1,100 cases recorded. It has also been identified in <keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword>, China and Thailand. Initially the growth rate for XE appeared to not be significantly different from BA.2, but more recent data from the UK suggests it has a growth rate of around 10 to 20% above that of BA.2. This data remains preliminary and based on small numbers, so may change as we get more information. If it is true, then this means XE is likely to be slightly more contagious than BA.2, which was slightly more contagious than BA.1, which was more contagious than Delta. Do we need to worry? Our immune response that helps to protect against COVID-19 is generated by vaccination or from previous infection, and it mostly targets the spike protein. Given XE basically has the same spike protein as BA.2, it doesn't appear our protection against XE will be significantly reduced. While this is something public health agencies and expert groups certainly should monitor, and they are, it isn't really something that is unexpected given the number of cases we continue to see worldwide. So it shouldn't be a cause of extra concern for the general public. The best way to slow the emergence of new variants, as well as recombinants, remains having as many people in the world protected by vaccination to reduce the pool of susceptible hosts in which these events can occur. (This article is syndicated by PTI from The Conversation) SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/as-ghosting-haunts-employers-wounded-hr-representatives-take-to-linkedin-to-call-candidates-out-experts-call-it-unethical/articleshow/90868716.cms">As ‘ghosting’ haunts employers, wounded HR representatives take to Linkedin to call candidates out. Experts call it unethical</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/enterprise/news/a-new-patent-reveals-apple-could-be-planning-to-make-its-own-game-controller/articleshow/90847523.cms">A new patent reveals Apple could be planning to make its own game controller</a>

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Deltacron – All you need to know about the new variant

Bhakti Makwana

A researcher in Cyprus reportedly identified 'Deltacron,' a coronavirus variant thought to combine Delta and Omicron

Yelena Dzhanova

Defence Minister Rajnath Singh tests positive for COVID-19

IANS

Tennis player Novak Djokovic wins the legal battle to remain in Australia

IANS

Omicron in India: Maharashtra continues to be worst hit state, Rajasthan outnumbers Delhi

IANS

Paytm’s stock down over 40% since listing; here’s why analysts expect it to sink deeper

Bhakti Makwana

What's the new Omicron XE variant and should I be worried?

PTI

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