Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

AP Photo/Ted S. Warren Pharmacist Michael Witte, left, gives Rebecca Sirull, right, a shot in the first-stage safety study clinical trial of a potential vaccine for COVID-19, the disease caused by the new coronavirus, Monday, March 16, 2020, at the Kaiser Permanente Washington Health Research Institute in Seattle. Sirull is the third patient to receive the shot in the study <ul class="summary-list"><li>While lockdown measures have been effective in curbing the spread of the new coronavirus, experts warn that loosening restrictions too much before a vaccine is available may lead to a resurgence of cases. </li><li>According to a <a href="https://www.thelancet.com/pdfs/journals/lancet/PIIS0140-6736(20)30746-7.pdf#">new study</a> led by researchers at Hong Kong University, there is still a "substantial risk" of new infections, particularly from travelers, and the virus needs to be closely monitored in order to prevent another outbreak.</li><li>"Although control policies such as physical distancing and behavioral change are likely to be maintained for some time, proactively striking a balance between resuming economic activities and keeping the reproductive number below one is likely to be the best strategy until effective vaccines become widely available," said the study's lead researcher Joseph Wu.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>Lockdown measures have been effective in curbing the "first wave" of the new coronavirus spread, <a href="https://www.thelancet.com/pdfs/journals/lancet/PIIS0140-6736(20)30746-7.pdf#">a new study</a> led by researchers at Hong Kong University has found. But experts warn that loosening restrictions too much before a vaccine is available may lead to a resurgence of cases. The study, <a href="https://www.thelancet.com/pdfs/journals/lancet/PIIS0140-6736(20)30746-7.pdf#">published in the Lancet medical journal</a> on Wednesday, was first reported on by <a href="https://www.theguardian.com/world/2020/apr/08/lockdowns-cant-end-until-covid-19-vaccine-found-study-says#maincontent">The Guardian</a>. The research is based on modeling of the virus spread in China, which appears to have been contained as the country <a href="https://www.businessinsider.com.au/china-no-new-local-coronavirus-cases-first-time-during-outbreak-2020-3">has not reported any new domestic cases</a> since March 19. "The first wave of COVID-19 outside of Hubei has abated because of aggressive non-pharmaceutical interventions," the study found. According to the research, China has been able to greatly reduce the virus' reproduction number - meaning, the number of people on average that one person can infect - from two or three to just under one. But the study warned there is still a "substantial risk" of new infections, particularly from travelers. It stressed that the virus spread needs to be closely monitored in order to prevent another outbreak, or "second wave" of the disease and achieve "an optimal balance between health and economic protection." "Although control policies such as physical distancing and behavioral change are likely to be maintained for some time, proactively striking a balance between resuming economic activities and keeping the reproductive number below one is likely to be the best strategy until effective vaccines become widely available," said Joseph Wu, who leads the infectious disease modeling research at the Hong Kong University's School of Public Health and co-led the study. The virus has infected over 1.5 million people worldwide and killed over 88,000. China, once the epicenter of the disease, has reported just over 82,000 cases and 3,337 deaths. According to <a href="https://www.businessinsider.com/how-do-vaccines-work-2020-4">Business Insider's Rebecca Cairns</a>, there are over <a href="https://www.businessinsider.com/coronavirus-vaccine-timeline-what-to-watch-leading-research-2020-3">40 research teams</a> developing a vaccine for COVID-19. But according to <a href="https://www.ovg.ox.ac.uk/team/">The Oxford Vaccine Group</a>, producing an effective and safe vaccine can take between five to ten years, though research can often be expedited during times of outbreak due to increased funding. "Given the current severity of the crisis, there are efforts to fast-track a vaccine for COVID-19 in as little as 12 to 18 months," said Abe Malkin, MD, founder and medical director of Concierge MD in Los Angeles. Still, other experts have warned that producing a viable vaccine is a long and intensive process, and clinical trials can take months. "It seems promising, but there is no guarantee that any of the vaccines will evoke a strong enough immune response," said Brendan Wren, a professor of microbial pathogenesis at the London School of Hygiene &amp; Tropical Medicine. <h3>NOW WATCH: <a href="https://www.businessinsider.com/london-streets-left-deserted-during-covid-19-lockdown-2020-3">Inside London during COVID-19 lockdown</a></h3> <pre style="display: none;">function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</pre>

Experts say aggressive lockdown measures have slowed the 'first wave' of the coronavirus but a 'balance' must be kept until a vaccine arrives

New Delhi, Apr 23 () Global FMCG major Unilever on Thursday said its growth in India has been hit by both slowing market and the coronavirus-forced lockdown that led to a halt in production and shipping activities for a number of days.The Anglo-Dutch firm has also withdrawn its growth and margin outlook for 2020, citing the impact of the pandemic and subsequent containment measures taken by authorities and a shift in demand patterns of the geographies where it operates.Though the FMCG major has witnessed upswings in sales of hygiene and in-home food products, the crisis has affected particularly its food service and ice cream business, Unilever said in its trading statement for the first quarter ended March 31.Unilever also witnessed a major impact on the businesses in China and India, two of its major markets where restrictions were imposed by the respective governments to contain the spread of COVID-19. "China declined as a result of the downturn in food service, out of home ice cream and retail sales during the lockdown. Growth in India was impacted by both the slowing market and the lockdown implemented at the end of March, which stopped production and shipping for a number of days," Unilever CEO Alan Jope said in a statement.He further said, "Underlying sales growth was zero per cent with 0.2 per cent from volume and negative 0.2 per cent from price. Developed markets grew 2.8 per cent whilst emerging markets declined 1.8 per cent."According to Jope, demand patterns are changing. "As the crisis hits countries around the world, we see upswings in sales of hygiene and income food products, combined with some household stocking, and near cessation of out of home consumption which is particularly affecting our food service and ice cream business," he said.The FMCG major is adapting to new demand patterns and are preparing for lasting changes in consumer behaviour, in each country, as it moves out of the crisis and take steps towards recovery, according to the Unilever CEO."We will continue to adapt throughout this crisis. However, the unknown severity and duration of the pandemic, as well as the containment measures that maybe adopted in each country, mean that we cannot reliably assess the impact across our markets and our business. We are therefore withdrawing our previous growth and margin outlook for 2020," said Jope.While talking about the Indian market, where it operates with subsidiary Hindustan Unilever Ltd (HUL), he said "seven days of national lockdown at end of Q1" affected the trading, adding that there was supply chain disruption following the lockdown."Lockdown measures in India commenced from mid-March, followed by a strict national lockdown, severely limiting the flow of goods and leading to a decline in South Asia. Indonesia and Vietnam performed strongly although the Philippines declined across divisions as restrictive social measures were put in place," said Unilever.However, it also added that the Indian market had slowed even before the strict lockdown began at the end of March.The company said its tea segment business declined, impacted by India and out of home channel closures. "The strategic review of our tea business is ongoing".Skin care business also took a hit amid lockdown conditions. "Vaseline continued to perform well, with mid-single digit growth, and we launched anti-bacterial hand cream in the UK as well as a new Pro Derma Clinical range in China. The Prestige portfolio was impacted by health and beauty channel closures in many markets. Whilst hair care (segment) grew in the USA, the lock-down impacted the portfolio in China and in India," it said.Deodorants grew in mid-single digit, with strong performances from our RexonaClinical range and Dove deodorants. Its oral care grew, with growth from natural toothpastes and bamboo toothbrushes."Negative pricing was primarily driven by India following price reductions in the previous quarter," he said.Meanwhile, Unilever informed that HUL completed its merger with GlaxoSmithKline Consumer Healthcare Limited (GSKCH), on April1."The transaction is in line with Unilever's strategy to evolve the Foods &amp; Refreshment portfolio into higher growth segments," said HUL.As per the deal, HUL has also announced to acquire popular health food drink brand Horlicks in a Rs 3,045 crore deal from GSKCH using the option available in the original agreement between HUL and GSK.Besides, other Health Food Drinks (HFD) brands of GSKCH -- Boost, Maltova and Viva -- had come to HUL's portfolio by virtue of the merger, making it a leading player in the segment.According to regulatory filings, HUL would declare its Q4 (Jan-March) earnings results on April 30. KRH RKL MKJ

Unilever withdraws growth outlook, says India business impacted amid lockdown

<ul><li>EaseMyTrip recently appointed <keyword id="31515" type="General" weightage="20" keywordseo="vijay-raaz" source="Orion">Vijay Raaz</keyword> and <keyword id="337442" type="General" weightage="20" keywordseo="varun-sharma" source="Orion">Varun Sharma</keyword> as its first-ever brand ambassadors to expand its reach across the country.</li><li>As the travel platform launches its campaign with new ambassadors and rolls out its marketing blitzkrieg, we speak to <keyword id="6106039" type="General" weightage="20" keywordseo="nishant-pitti" source="Orion">Nishant Pitti</keyword>, CEO and Co-Founder, EaseMyTrip about the idea behind choosing Vijay and Varun, platform’s game plan to deal with COVID and macro-economic changes that might come in our way and larger vision.</li></ul>Six days into 2022 and brands and organisations are planning to completely return to work-from-home model and prepare for the impending wave of COVID-19 and macro-economic challenges that it might bring along. The economic impact of the third wave might not be as devastating as the second wave, but it might take a toll on the hospitality industry yet again. If the government strengthens lockdown restrictions across the country in the coming days, the hospitality sector might face a recap of 2020. However, home-grown hospitality and travel brand EaseMyTrip witnessed a six-fold growth in revenue during the peak of the second wave and on the back of its ‘flexible and lean business model,’it is optimistic about maintaining its financial health in 2022 as well. With its first-ever brand ambassadors in Vijay Raaz and Varun Sharma and a slew of customer-centric initiatives such as zero-convenience fee, full refund on medical grounds, discounted air tickets for train waitlisted customers, EaseMyTrip has entered this year all guns blazing! So, to discuss what lies ahead, Advertising and Media caught up with Nishant Pitti, CEO and Co-Founder, EaseMyTrip. He told us about his game plan for the platform in 2022, larger vision, marketing strategy and a lot more. Q. Can you tell us how 2021 was for EaseMyTrip and the travel industry? In FY20-21, we almost doubled our profits and this was despite halving of Gross Booking Revenue in a pandemic struck year. In Q4 of FY21, we witnessed a V-shaped recovery, registering almost 89% of the gross booking revenue of the corresponding quarter in the previous fiscal. Additionally, Q1FY22 was one of the worst periods for the travel industry due to the second wave, however, we grew our profits six-fold to more than Rs 15 crore in Q1FY22 as against a net profit of Rs 2.5 crore in the corresponding quarter of the previous fiscal. This makes us one of the few companies to be profitable in the industry that has been the worst impacted in the country in the quarter of April- June’21. We have been able to maintain our profitability through the pandemic as we have been flexible and maintained a lean business model, which has been the key driver in maintaining financial health. For the travel industry, the year started well as there was a strong demand. However, the second wave struck soon after, which led to a fall in travel demand. The second wave had impacted the entire tourism industry. However, the strong vaccination drive helped in lowering active cases and the industry was seeing a recovery again. The festive season further pushed travel demand as people were comfortable travelling and had adapted to the travel norms. The rise in travel bookings during this festive period was a clear sign of the underlying pent up travel demand and the growing sentiment among travellers to venture out for leisure travel. We believe that the sector has been able to weather the storm as a lull period was followed by strong growth in demand. We also witnessed a rise in travellers from smaller cities and towns which eventually led to a rise in passenger traffic and demand. Q. You have recently onboarded your first-ever brand ambassadors. Firstly, why did you think this was a good time to bring on the actors and what was the thought behind choosing Varun and Vijay? We have been witnessing strong growth, even during the pandemic, and we have been constantly innovating and providing value to the consumer. As a result, we believe that now is the right time for branding and to get more people to know about EaseMyTrip. EaseMyTrip has always believed in leveraging relevant and meaningful avenues for brand connect and this association is in-line with the same brand philosophy. We believe that Varun Sharma and Vijay Raaz are unique actors who have superb comic timing and have created a niche in the market based on their unique performances. They have a unique mass appeal that cuts across all audiences and geographies. We have consciously chosen two unique actors from two different generations as we believe that an association with both of them will help us reach our overall target audience efficiently. The association with Varun and Vijay are in sync with the brand as just like these ace actors, EaseMyTrip too has established itself and gained market share purely based on performance to date. Q. After onboarding your first-ever brand ambassadors, what are you eyeing to achieve from this partnership? The country is witnessing a growing air traffic demand, even from smaller cities now. A significant chunk of these people are digital savvy and prefer doing online bookings. Through this unique marketing campaign, we are trying to reach out to those customers and with the explosion of the internet and online booking, we believe that it is the right time to do so. Additionally, the company has aggressive plans to grow its business with a slew of customer-centric initiatives including the zero-convenience fee, full refund on medical grounds, discounted air tickets for train waitlisted customers, and many more. We believe that this initiative provides us with an opportunity to make more travellers aware of these unique initiatives and grow our customer base. Q. What is your larger marketing strategy? How will your messaging change, if at all, now that you have new brand ambassadors onboard? We aim to cater to the pent-up demand via cross-selling to the huge customer base by promoting the same aggressively across all marketing platforms. We are confident that this pent-up demand will continue to grow. We also aim to continue with our record growth across businesses and grow our market share. We emphasize high ROI marketing spending and instead of opting for very high marketing budgets, we try to source relevant platforms that can gain the maximum interest of our customers. We will continue to move in that direction in 2022 as well. While we have onboarded brand ambassadors, we do not expect our messaging to change. We have always maintained a strong messaging and unique proposition of customer centricity and consistent performance, and our brand ambassadors will continue to take that proposition ahead. Q. Which advertising medium will get your lion's share this year? With people resuming travel, we are expecting a lot more marketing efforts and initiatives in the coming year. The industry is slowly recovering, and we believe that this is the right time for us to strengthen marketing efforts and customer outreach. Seeing a recovery of the industry, in the past year, we have used big-ticket events such as IPL as well as full-page advertisements across national newspapers for marketing initiatives and will continue to explore interesting initiatives this year as well. This year, we plan to release innovative and exciting marketing efforts across digital, print and outdoor media. With the growth in passenger traffic, we will also continue to actively use in-flight branding space, as well as boarding passes as essential touchpoints for travellers. Q. What are some of the trends that you are expecting to see in the travel industry this year? In 2022, we expect a few prominent trends to surface, which are set to be at the forefront of the travel industry. 2022 is set to witness a rise in travel spending by people as they are now, more than ever, ready to take those once-in-a-lifetime trips that they always wanted to embark on. In 2022, we are also expecting more travellers to prefer locations that are adopting sustainable tourism practices as many travellers have woken up to the benefits and the need of sustainable tourism in a post-covid scenario. Technology is also being implemented in a big way in the tourism industry and travellers are showing a higher preference for places that incorporate smart technology. In 2022, the travel industry is expected to move further into a digital shift and adopt newer platforms and technologies that enable travellers to travel seamlessly. Due to the safety concerns, we are expecting a rise in demand for unique, unexplored destinations, short weekend getaways and road trips to nearby tourist destinations. Reunion travel is set to be a major trend next year as people look to reconnect with family by taking a quick getaway trip. As an aftermath of the pandemic, there will also be a rise in the number of people that are opting for short getaways that offer wellness and self-care activities. In 2022, travellers are set to showcase an increased preference for locations that have a focus on wellness activities that help them rejuvenate, take a break away from the monotony of their daily lives and lead healthier lives. Q. How did the consumer sentiment change in December and what's it usually like in January? Travel this month is majorly focused on safety. There has been a significant shift in the mindset of travellers towards health and hygiene, and the services provided by travel companies regarding this, make a significant impact on the decision making. While there are safety concerns right now, the travel sentiment of customers is still strong. There is an underlying pent-up travel demand, which is expected to lead to a growth in revenge travel. We are also ensuring safety and hygiene for our customers with the help of our airlines and hotel partners. Q. We're at that time of the year when people are normally in the mood to travel. What are some of the tourist hotspots in India this year? Have consumers shown any interest in traveling to places they wouldn’t have thought of visiting earlier? The tourist destinations that have been in demand and that we expect to be tourist hotspots this year as well include Kashmir, Goa, Jaipur, Leh and Srinagar. With safety concerns, the demand for unique, unexplored domestic destinations has also shot up in the past few months, and a lot more unheard domestic destinations will come to the fore in the coming months. Q. In India, we love saving a little extra on hotels while traveling to a different city -- a lot of people in India prefer staying at a relative's place. Has that trend changed after COVID? Yes, we believe that this trend has changed as people have witnessed the high levels of sanitisations and safety protocols undertaken by hotels since the pandemic. Since the pandemic there has been an increased emphasis on safety and sanitization within the travel industry and enhanced health screenings have become the new normal across all travel segments. As a leading travel portal, we also provide all the sanitization protocols that each hotel follows, to ensure that the travellers are aware of the practices followed. This provides them with a sense of relief during this period as safety and hygiene has become a top priority in the current period, which is not guaranteed at a relative’s place. In fact, during the pandemic, there has been an increase in 4 and 5-star hotel bookings as compared to the pre-pandemic period as people would want a better level of sanitization at this time. The average duration of the stay has also gone up from 3.2 days to 4.7 days. While hotels and apartments have performed well, we have also seen an increased demand for private villas and homestays as customers find them more secure and safe during these unprecedented times. Q. Can you tell us what would be some of your focus areas in 2022? The company plans to focus heavily on its hotel and holiday package businesses and expand in the existing markets. We are working proactively to cater to the increased demand that we foresee. We will look at enhancing the revenues and profitability going forward by leveraging our existing base of customers for cross-selling. We also plan on leveraging our vast agent network and utilizing it for the holiday bookings which shall complement the company’s hotel and holiday businesses. Apart from the Indian market, we are present across UAE, Singapore, UK, Philippines, Thailand, and the USA. We want to establish our air ticketing business in these countries as we have forayed into these new countries anticipating a huge pent-up travel demand. In the coming year, we plan to launch a localized travel search engine in each global subsidiary to strengthen our offerings within each country. We may also look to expand to more viable countries if we see a strong performance and value addition from our existing global subsidiaries. Q. What is your larger vision for the platform? We aim to continue with the record growth with increased revenue margins and market share. We have been extremely bullish in the air segment and expect to become the number one player in the air segment in the next three to four years. While air travel bookings constitute around 95% of our revenues, we are also growing our non-air travel businesses including hotels, buses, trains and holidays in double digits. We are also looking to expand our services across Tier 2 and 3 cities as we have been witnessing a rise in air ticket bookings in these cities. All in all, we are aiming to be the preferred booking partner for all travellers across the country.

Our association with Vijay Raaz and Varun Sharma will help us reach our overall target audience more efficiently: Nishant Pitti of EaseMyTrip

You Searched For "lockdown duration usa" and got 3 results

Experts say aggressive lockdown measures have slowed the 'first wave' of the coronavirus but a 'balance' must be kept until a vaccine arrives

Rosie Perper,Rosie Perper

Unilever withdraws growth outlook, says India business impacted amid lockdown

PTI

Our association with Vijay Raaz and Varun Sharma will help us reach our overall target audience more efficiently: Nishant Pitti of EaseMyTrip

Karuna Sharma

Popular Keywords

Buying Guides