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<keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> reported 1,84,372 new <keyword id="8785701" type="UNKNOWN" weightage="20" keywordseo="COVID-19-cases">Covid-19 cases</keyword> in the last 24 hours, setting another grim one-day record, taking the overall tally to 13,87,825 on Wednesday, according to the data issued by the <keyword id="83655" type="COMPANY" weightage="20" keywordseo="Union-health-ministry">Union Health Ministry</keyword>. In the same period, 1,027 more people succumbed to the disease, which increased the <keyword id="6397442" type="UNKNOWN" weightage="20" keywordseo="Death-toll">death toll</keyword> to 1,72,085. India is now the fourth-worst Covid affected country worldwide after the number of active cases rose to 13,65,704. A total of 83,339 patients recovered in the last 24 hours, taking the number of recoveries to 1,23,36,036 with a recovery rate of 88.92 per cent. The <keyword id="46535" type="COMPANY" weightage="20" keywordseo="Health-ministry">Health Ministry</keyword> said that a total of 14,11,758 samples were tested in the last 24 hours. So far, 26,06,18,866 samples have been tested. A total of 26,46,528 people were also vaccinated in the same period, taking the <keyword id="11097141" type="UNKNOWN" weightage="20" keywordseo="total-inoculation-count">total inoculation count</keyword> to 11,11,79,578 . SEE ALSO: <a href="https://www.businessinsider.in/science/space/news/indian-astronomers-spot-over-200-new-stars-in-the-pacman-nebula-and-51-of-them-are-yet-to-reach-adulthood/articleshow/82060301.cms">Indian astronomers spot over 200 new stars in the Pacman Nebula — and 51 of them are yet to reach adulthood</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/pharmeasy-investor-orios-ventures-shares-why-it-promises-to-invest-in-every-round-even-after-an-ipo/articleshow/82061415.cms">This VC firm invested in Pharmeasy when it was valued at just $10 million – here’s why it promises to invest in every round even after an IPO</a>

India registers 1,84,372 new COVID-19 cases, 1,027 deaths in last 24  hours, pushing the overall tally to 13,87,825

<keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> continues to report more than 3 lakh <keyword id="8869954" type="UNKNOWN" weightage="20" keywordseo="covid-cases">Covid cases</keyword> fourth day in a row. The country logged a <keyword id="54821" type="COMPANY" weightage="20" keywordseo="total">total</keyword> of 3,49,691 Covid cases and 2,767 deaths in the last 24 hours, a new single-day high since the pandemic began last year, according to the <keyword id="46535" type="COMPANY" weightage="20" keywordseo="Health-ministry">health ministry</keyword>'s data released on Sunday. The active cases in India stood at 26,82,751 on Sunday, while the total Covid-19 cases registered so far reached 1,69,60,172. A total of 2,17,113 Covid infected people were recovered in the last 24 hours, taking the total recovery so far to 1,40,85,110. India registered over 2,000 deaths for the fifth consecutive day with the highest spike in single-day deaths. On Saturday, India reported 2,624 deaths, on Friday 2,263, while on Thursday 2,104 deaths and 2,023 deaths were reported on Wednesday. A total of 1,92,311 have lost their lives due to <keyword id="8858883" type="UNKNOWN" weightage="20" keywordseo="Covid-19-in-India">Covid-19 in India</keyword> since last year. The Health Ministry said that a total of 17,19,588 samples were tested in the last 24 hours. So far, a total of 27,79,18,810 samples have been tested in the country. According to the government data, a total of 25,36,612 people were also vaccinated in the same period, taking the total inoculation count to 14,09,16,417. Since April 15, India has continued to report over 2 lakh new Covid-19 cases on a daily basis. The top five states which have contributed to India's total daily tally include <keyword id="13126" type="COMPANY" weightage="20" keywordseo="Maharashtra">Maharashtra</keyword>, Uttar Pradesh, Karnataka, Kerala and Delhi. SEE ALSO: <a href="https://www.businessinsider.in/tech/how-to/how-to-choose-the-right-pulse-oximeter/articleshow/82228819.cms">Pulse oximeter buying guide - here's how to choose the right oximeter for home</a> <a href="https://www.businessinsider.in/business/startups/news/covid-19-pandemic-has-thrown-the-spotlight-on-a-five-year-old-startup-with-emergency-ambulance-service/articleshow/82229745.cms">COVID-19 pandemic has thrown the spotlight on a five-year old startup with emergency ambulance service⁠</a> <a href="https://www.businessinsider.in/india/news/the-covid-19-crisis-would-be-much-worse-without-these-good-samaritans-of-india-providing-home-cooked-food-financial-assistance-and-medicines/slidelist/82230244.cms#slideid=82230293">The COVID-19 crisis would be much worse without these good samaritans of India providing home-cooked food, financial assistance and medicines</a>

India logs highest single day-spike of 3,49,691 new COVID-19 cases and 2,767 deaths

<keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> has reported 2,73,810 fresh <keyword id="8869954" type="UNKNOWN" weightage="20" keywordseo="covid-cases">Covid cases</keyword> in the last 24 hours, the highest single-day spike ever, pushing the country's overall Covid tally to 1.5 crore, according to the <keyword id="46535" type="COMPANY" weightage="20" keywordseo="Health-ministry">Health Ministry</keyword> data released on Monday. This is the fifth consecutive day that the country has registered over two lakh Covid cases taking the <keyword id="9047706" type="UNKNOWN" weightage="20" keywordseo="total-tally">total tally</keyword> to 1,50,61,919 cases. India on Sunday recorded 2,61,500 new cases, 2,34,692 cases on Saturday, 2,00,739 and 2,17,353 cases on Thursday and Friday respectively. Meanwhile, a total of 1,619 people died of Covid in the last 24 hours, taking the country's <keyword id="6397442" type="UNKNOWN" weightage="20" keywordseo="Death-toll">death toll</keyword> to 1,78,769 so far. The daily active cases tally rose to 19,29,329. A total of 1,44,178 patients recovered in the same time span, taking the number of recoveries to 1,29,53,821 with a recovery rate of 86 per cent. The Health Ministry said that a total of 13,56,133 samples were tested in the last 24 hours. So far, a total of 26,78,94,549 samples have been tested in the country. According to the government data, a total of 12,30,007 people were also vaccinated in the same period, taking the total inoculation count to 12,38,52,566. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/macrotech-developers-lists-at-10-discount-analysts-recommend-that-shareholders-should-wait-it-out/articleshow/82138450.cms">Macrotech Developers lists at 10% discount — analysts recommend that shareholders should wait it out</a> <a href="https://www.businessinsider.in/business/startups/news/razorpay-raises-160-million-at-3-billion-valuation-plans-for-more-acquisitions/articleshow/82137901.cms">Razorpay raises $160 million at $3 billion valuation, plans for more acquisitions</a> <a href="https://www.businessinsider.in/india/news/what-is-allowed-and-what-is-not-during-the-15-days-lockdown-in-rajasthan/articleshow/82138686.cms">Here’s the list of what is allowed and what is not during the 15 days lockdown in Rajasthan</a>

COVID-19: India registers 2,73,810 fresh cases and 1,169 fatalities in last 24 hours, highest single-day spike ever

In a span of 24 hours, <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword> reported a marginal decline at 1,007 new Covid cases from the previous day's count of 1,088. One Covid related death was registered in the same time span taking the total number of deaths to 5,21,737, said the <keyword id="1389083" type="General" weightage="50" keywordseo="union-ministry-of-health-and-family-affairs" source="Orion">Union Ministry of Health and Family Affairs</keyword> on Thursday morning. Following a continuous downward trend, India's active caseload stands at 11,058 which is 0.03 per cent of the country's total positive cases. A total of 818 patients have recovered in the last 24 hours and the cumulative tally of recovered patients since the beginning of the pandemic is now at 4,25,06,228 Consequently, India's recovery rate stands at 98.76 per cent. Also in the same period, a total of 4,34,877 tests were conducted across the country. India has so far conducted over 83.08 crore cumulative tests. The weekly positivity rate in the country currently stands at 0.25 per cent, however the daily positivity rate is also reported to be 0.23 per cent. On the vaccination front, India's Covid-19 vaccination coverage has exceeded 186.22 crore as per the provisional reports till 7 a.m. on Thursday morning. This has been achieved through 2,26,31,632 sessions. Over 2.36 crore adolescents have been administered with the first dose vaccine since the beginning of the inoculation drive for this age bracket. More than 20.55 crore balance and unutilised Covid vaccine doses are still available with the states and union territories to be administered, according to the <keyword id="46535" type="General" weightage="50" keywordseo="health-ministry" source="Orion">health ministry</keyword> as of Thursday morning. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/whatsapp-is-finally-allowed-to-have-100-million-users-for-its-payments-service/articleshow/90835669.cms">WhatsApp is finally allowed to have 100 million users for its payments service</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/rbi-is-hiring-294-officers-with-a-starting-pay-scale-of-55000-per-month/articleshow/90835474.cms">RBI is hiring 294 officers with a starting pay scale of ₹55,000 per month, apply before April 18</a>

India logs over 1000 fresh COVID-19 cases and one death in last 24 hours

<keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> reported 4,575 new Covid-19 cases in a span of 24 hours, a marginal rise from the previous day's count of 3,993, the <keyword id="83655" type="General" weightage="20" keywordseo="Union-Health-Ministry" source="Orion">Union health ministry</keyword> said on Wednesday morning. In the same time span, a total of 145 new Covid-related deaths were reported taking the death toll to 5,15,355. The active <keyword id="8764262" type="General" weightage="80" keywordseo="covid" source="Orion">Covid</keyword> cases have reduced to 46,962, which constitute 0.11 per cent of the country's total positive cases, as per the ministry report. The recovery of 7,416 patients in the last 24 hours has increased the cumulative tally to 4,24,13,566. Consequently, India's recovery rate stands at 98.69 per cent, said the Union <keyword id="46535" type="General" weightage="100" keywordseo="health-ministry" source="Orion">Health Ministry</keyword> on Wednesday. Also in the same period, a total of 8,97,904 tests were conducted across the country. India has so far conducted over 77.52 crore cumulative tests. Meanwhile, the weekly positivity rate has further come down to 0.62 per cent while the daily positivity rate has marginally risen to 0.51 per cent. With the administration of over 18.69 lakhs Covid vaccine doses in the last 24 hours, India's inoculation coverage has reached 179.33 crore as of Wednesday morning. This has been achieved through 2,08,48,528 sessions. More than 15.80 crore balance and unutilised Covid vaccine doses are still available with the states and union territories to be administered, according to the health ministry as of Wednesday morning. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/fci-recruitment-2022-salary-range-between-60000-to-180000-per-month/articleshow/90092801.cms">Food Corporation of India recruitment 2022: Salary range between ₹60,000 to ₹1,80,000 per month</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/iphone-se-3-ipad-air-5th-gen-mac-studio-price-in-india/articleshow/90092166.cms">Here’s how much the new iPhone SE, iPad Air 5th gen and Mac Studio will cost in India</a>

India logs 4,575 fresh COVID-19 cases and 145 deaths in the last 24 hours

Nearly 40 per cent of Uttar Pradesh is now Covid-19 free and the state government has declared that out of the total 75 districts, the active caseload in 31 of them has come down to zero. The total active caseload in the entire state was also recorded at a further low of just 159 active cases as of Sunday. About 21 districts of the state are now left with a single active case each. The districts with zero active <keyword id="8869954" type="General" weightage="20" keywordseo="Covid-cases" source="Orion">Covid cases</keyword> include Amethi, Amroha, Baghpat, Ballia, Balrampur, Etah, Farrukhabad, Fatehpur, Ghazipur, Gonda, Hamirpur, Hapur, Hardoi, Hathras, Jalaun, Kanpur Dehat, Kanpur, Kasganj, Lakhimpur Kheri, Lalitpur, Mahoba, Mainpuri, Mau, Moradabad, Muzaffarnagar, Rampur, Sant Kabir Nagar, Shravasti, Varanasi, Sitapur and Unnao. In the past 24 hours, the state reported 13 fresh <keyword id="8764262" type="General" weightage="100" keywordseo="covid" source="Orion">Covid</keyword> cases with seven patients recovering from the disease. The overall positivity rate in Uttar Pradesh now stands at 2.16 per cent, while the recovery rate is at 98.8 per cent. "The fresh cases have declined by more than 38,000 from its peak which was 38,055 on April 24. The state has also been able to restrict the daily Covid case-count below 50 for over 50 days in a row," said an official release. The state is also close to administering 11 crore Covid-19 vaccine doses, leading the country's inoculation drive against the virus. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/irctc-hindustan-aeronautics-zydus-wellness-and-5-others-hold-dominant-positions-in-the-market/slidelist/86736871.cms">These 8 valuable companies rule their sectors with a huge piece of the pie</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/blast-outside-kabul-mosque-kills-number-of-civilians/articleshow/86730865.cms">Blast outside Kabul mosque kills many civilians</a>

UP government says these 31 districts have no active COVID cases

This is the third consecutive day that the country has registered over 2 lakh Covid cases. India recorded 2,00,739 and 2,17,353 cases on Thursday and Friday respectively. Meanwhile, as many as 1,341 people died of Covid in the last 24 hours, taking the country's death toll to 1,75,649 so far. The daily active cases tally on Friday rose to 16,79,740. A total of 1,23,354 patients recovered in the same time span, taking the number of recoveries to 1,26,71,220, with a recovery rate of 87.23 per cent. The <keyword id="46535" type="COMPANY" weightage="20" keywordseo="Health-ministry">Health Ministry</keyword> said that a total of 14,95,397 samples were tested in the last 24 hours. So far, 26,49,72,022 samples have been tested in the country. According to the government data, a total of 30,04,544 people were also vaccinated in the same period, taking the total inoculation count to 11,99,37,641. Delhi and <keyword id="13126" type="COMPANY" weightage="20" keywordseo="Maharashtra">Maharashtra</keyword> recorded their biggest single-day rise in coronavirus cases since early 2020. The national capital has registered on Friday night 19,486 new cases. The five most affected states by total cases are Maharashtra (3,703,584), Kerala (1,197,301), Karnataka (1,109,650), Tamil Nadu (962,935), and Andhra Pradesh (942,135). SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/facebook-accused-of-favouring-bjp-mp-with-fake-followers/articleshow/82105953.cms">Former employee accuses Facebook of being ignorant of its policies to favour a BJP MP</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/boat-a-homegrown-audio-accessory-company-generate-investment-form-qualcomm-ventures/articleshow/82099877.cms">boAt secures investment from Qualcomm Ventures – its second fundraising in 2021 after bagging $100 million from Warburg Pincus</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/check-out-covid-19-vaccine-distribution-across-states-in-india-in-four-charts/slidelist/82100394.cms">Four charts show how COVID-19 vaccines are being distributed in India</a>

India clocks over 200,000 COVID-19 cases for a third day in a row

<keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> reported 1,61,736 new <keyword id="8763838" type="UNKNOWN" weightage="20" keywordseo="covid-19">Covid-19</keyword> cases in the last 24 hours, setting another grim one-day record, taking the overall tally to 1,36,89,453 on Tuesday, according to data issued by the <keyword id="83655" type="COMPANY" weightage="20" keywordseo="Union-health-ministry">Union Health Ministry</keyword>. With this, India has once again taken its spot as the second-worst hit nation in terms of infections after the US. In the same period, an additional 879 people succumbed to the disease, which increased the total death toll to 1,71,058. India is now the fourth-worst Covid affected country worldwide after the number of active cases rose to 12,64,698. A total of 97,168 patients recovered in the last 24 hours, taking the number of recoveries to 1,22,53,697 with a recovery rate of 89.51 per cent. The <keyword id="46535" type="COMPANY" weightage="20" keywordseo="Health-ministry">Health Ministry</keyword> said that a total of 14,00,122 samples were tested in the last 24 hours. So far, 25,92,07,108 samples have been tested. A total of 40,04,521 people were vaccinated also in the same period, taking the total inoculation count to 10,85,33,085. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/gautam-adani-and-mukesh-ambani-cumulatively-lost-nearly-7-billion-as-the-markets-plunged/articleshow/82043202.cms">Gautam Adani and Mukesh Ambani cumulatively lost nearly $7 billion as the markets plunged</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/rbis-g-sap-1-0-is-certainly-a-much-needed-demand-lever-to-support-the-government-borrowing-programme/articleshow/82042416.cms">RBI’s G-SAP 1.0 is certainly a much needed demand lever to support the government borrowing programme</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/elon-musk-owned-internet-service-starlinks-india-entry-under-scrutiny-of-dot-report-suggests/articleshow/82043618.cms">Elon Musk-owned internet service Starlink’s India entry under scrutiny of DoT, report suggests</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/tcs-has-broken-many-records-in-the-last-the-three-months-from-revenue-to-new-deals-to-new-hiring/articleshow/82034522.cms">TCS has broken many records in the last three months — but that isn't good enough for the market</a>

India registers 1,61,736 new COVID-19 cases and 879 deaths in last 24 hours

<ul class="summary-list"><li>Thousands of first-dose COVID-19 <keyword id="24209" type="PERSON" weightage="60" keywordseo="vaccine">vaccine</keyword> appointments have been canceled due to state shortages of supply.</li><li>According to the CDC, 16 million doses have been administered in the US as of Wednesday.</li><li>President Biden is already facing pressure to fix the country's unsuccessful inoculation efforts.</li></ul>Multiple <keyword id="6359922" type="LOCATION" weightage="60" keywordseo="States">states</keyword> have reported they are running out of doses of the COVID-19 vaccine, resulting in the cancellation of tens of thousands of scheduled first-dose appointments, <a href="https://apnews.com/article/coronavirus-vaccine-update-f1b8967b6a077d89d21134f4eac069f6">according to a new report from the Associated Press.</a>Barely a month after <a href="https://www.businessinsider.com/first-covid-19-vaccine-in-us-administered-to-ny-nurse-2020-12">vaccines first became available</a> in the US, states are facing frustrating <keyword id="1425220" type="PERSON" weightage="60" keywordseo="supply-shortages">supply shortages</keyword> for seemingly no discernible reason, at the same time that the <keyword id="106013" type="ORGANIZATION" weightage="60" keywordseo="federal-government">federal government</keyword> is directing them to ramp up their vaccine rollouts, the AP reported. The reason for the widespread shortage of state supplies remains unclear as less than half of the 36 million doses that the federal government has distributed to states so far have actually been administered, <a href="https://covid.cdc.gov/covid-data-tracker/#vaccinations">according to the CDC</a>. Recordkeeping delays and other logistical issues at the local level could be partially responsible for the gap.In a statement to the AP, the Department of <keyword id="6354750" type="UNKNOWN" weightage="60" keywordseo="health">Health</keyword> and Human Services said there was actually a 5% increase in vaccine allocations this week compared to previous weeks.At a press conference Wednesday morning, New York Mayor Bill de Blasio said New York City has had to cancel 23,000 appointments just this week because of the shortage, and Gov. Andrew Cuomo said he thinks the state will run out in a few days, according to the AP.Mayor de Blasio did say that if the city was allowed to use the 65,000 vaccine doses that are being reserved for second doses, the cancelled appointments could be rescheduled, <a href="https://www.ny1.com/nyc/all-boroughs/news/2021/01/20/vaccine-appointments-cancelled-in-new-york-city">according to Spectrum News.</a>States and cities all across the country are struggling with inadequate supply of the vaccine even as COVID-19 <a href="https://www.businessinsider.com/us-passes-400k-coronavirus-deaths-stunted-vaccination-rollout-2021-1">case counts and deaths continue to rise</a> in many places.The Miami area and San Francisco have both reportedly had to cancel appointments. The Erie County Health Department told the AP it's had to scratch vaccinations for more than 8,000 people due to not having enough supply. Lawmakers in Hawaii said they expect to receive only about half the amount of doses they did last week, and Ohio Gov. Mike DeWine has already begged the Biden administration for more doses."We are not lacking the infrastructure. We are lacking the vaccine." DeWine said in a letter to the Biden Administration, a copy of which was <a href="https://www.cleveland.com/open/2021/01/ohio-gov-mike-dewine-asks-incoming-biden-administration-for-more-vaccines-federal-funding.html">seen by Cleveland.com.</a>In West Virginia, which has been home to one of the fastest vaccine rollouts thus far, officials said they didn't receive an increased number of doses this week, despite having already administered 99% of the first doses they had, the AP reported."Here we are with no vaccines," Governor Jim Justice told the AP. "We've got them all in people's arms, and we've done exactly what we should have done...I think performance ought to be rewarded."Read more: <a href="https://www.businessinsider.com/why-the-us-vaccine-rollout-is-a-disaster-what-next-2021-1">Why America's vaccine rollout was a total disaster - and what it means for the next few months</a> On President Biden's first day in office, he is already facing pressure to correct the chaos of the country's unsuccessful inoculation efforts. In order to<a href="https://www.businessinsider.com/biden-announces-3-part-plan-covid-19-first-100-days-2020-12"> keep his promise</a> of vaccinating 100 million people in his first 100 days, <a href="https://www.businessinsider.com/biden-coronavirus-vaccine-plan-operation-warp-speed-2021-1">the process will have to speed up.</a> According to the CDC, 16 million doses have been administered in the US as of Wednesday.

Tens of thousands of people with appointments to get the COVID-19 vaccine have reportedly had them canceled as states run out of supplies

<ul class="summary-list"><li>The number of 401(k) and <keyword id="11898246" type="UNKNOWN" weightage="60" keywordseo="ira" source="Orion">IRA</keyword> millionaires hit a record in the second quarter, <keyword id="11909874" type="UNKNOWN" weightage="60" keywordseo="fidelity" source="Orion">Fidelity</keyword> said.</li><li><keyword id="11909870" type="UNKNOWN" weightage="60" keywordseo="retirement" source="Orion">Retirement</keyword> accounts ballooned over the last year as Federal Reserve support and reopening lifted stocks.</li><li>The rally powered a wave of early retirements. The trend could delay the labor market's recovery.</li></ul>The stock market's rebound minted a record number of retirement-account millionaires this year, according to new data from Fidelity.The number of 401(k) accounts with at least $1 million rocketed to 412,000 in the second quarter, the broker said <a href="https://newsroom.fidelity.com/press-releases/news-details/2021/Fidelity-Q2-2021-Retirement-Analysis-Despite-Ongoing-Uncertainty-Retirement-Account-Balances-and-Contributions-Increase-as-Workers-Begin-to-Feel-More-Positive/default.aspx">in a Thursday report</a>. That's the most seven-figure balances on record and compares to a year-ago total of just 224,000.<keyword id="11898249" type="UNKNOWN" weightage="60" keywordseo="individual-retirement-accounts" source="Orion">Individual retirement accounts</keyword> also surged. Roughly 342,000 accounts boasted balances of at least $1 million by the end of the second quarter, according to Fidelity. That's up from the year-ago sum of 208,000 and also a record. Together, the number of million-dollar accounts rose nearly 75%.Retirement accounts have thrived over the past year as a handful of factors drove stock prices higher. <a href="https://www.businessinsider.com/what-is-quantitative-easing-americas-k-shaped-recovery-federal-reserve-2021-1">The Federal Reserve's continued support</a> of financial <keyword id="11893875" type="UNKNOWN" weightage="60" keywordseo="markets" source="Orion">markets</keyword> aided the run-up, with the central bank snapping up more than $1 trillion in Treasurys and mortgage-backed securities through the year. The central bank's pledge to keep interest rates low through the year also lifted the market.The 12-month period also saw the US government approve the first COVID-19 vaccines. Inoculation throughout 2021 helped the US reverse lockdown measures and led businesses to reopen. By the end of the second quarter, daily case counts were the lowest since March 2020. Spending subsequently surged, business activity rebounded, and stocks rallied on hopes for a swift recovery. Million-dollar accounts weren't the only ones to benefit. The average 401(k) balance leaped 24% to $129,300, according to Fidelity. IRA balances rose 21%, to $134,900, on average.While impressive, the gains signal most account holders underperformed the market. The S&amp;P 500 rose 39% over the same period, while the Dow Jones industrial average gained 34%.<h2><keyword id="11909871" type="UNKNOWN" weightage="60" keywordseo="retirees" source="Orion">Retirees</keyword> on the rise</h2>While encouraging, the market's rally could have knock-on effects for the broader recovery. Specifically, the surge in retirement savings could prevent the labor market from fully bouncing back."Some of the retirees may come back if the job market is hot enough, but the muscular boost to 401(k) plans over the past year may keep a larger fraction of senior workers on the golf course than anticipated," Bob Schwartz, senior economist at Oxford Economics, said in a June note.That effect might already be taking hold. Labor-force participation for Americans age 55 and over was just 38.4% in July, according to the Bureau of Labor Statistics. That's just above the pandemic-era low seen in March. By comparison, participation among Americans aged 25 to 54 has retraced more than half of its recent decline and jumped in July to 81.8%.The wave of early retirements has clouded some aspects of the recovery. The US can still foster a strong labor market, but the "significant number" of pandemic-era retirees suggests the market won't look exactly like it did before the crisis, Federal Reserve Chair Jerome Powell said in June."We don't actually know exactly what labor force participation will be as we go forward," Powell said at a press conference. "We have had a slew of retirements, and that may weigh on participation."The disruption, however, shouldn't last long, the central banker added. The effect is expected to wane in a "few years" as younger people enter the workforce and replace their older peers. Early retirements could throw a wrench in the near-term recovery, but there's "no reason to think" that maximum employment can't still be reached, Powell said.

401(k)s soared so much in the last year it's making more Americans rich enough to retire

<ul class="summary-list"><li>The US added 379,000 jobs in February, beating the consensus estimate of 200,000 additions.</li><li>The reading marked a second straight month of labor-market expansion and an increase from January.</li><li>The <keyword id="93845" type="PERSON" weightage="60" keywordseo="unemployment-rate">unemployment rate</keyword> dropped to 6.2% from 6.3%, putting it lower than forecasts.</li></ul>The US labor-market recovery accelerated in February as daily COVID-19 cases swiftly declined and the pace of vaccinations improved.Businesses added 379,000 payrolls last month, the Bureau of Labor Statistics announced Friday. Economists surveyed by Bloomberg expected a gain of 200,000 payrolls.The increase follows a revised 166,000-payroll jump in January. The labor market has now grown for two straight months after contracting in December as virus cases surged.The US unemployment rate fell to 6.2% from 6.3%, according to the government report. Economists expected the rate to stay steady at 6.3%. The U-6 unemployment rate - which includes workers marginally attached to the labor force and those employed part-time for economic reasons - remained at 11.1%.The labor-force participation was also unchanged at 61.4%. A falling participation rate can drag the benchmark U-3 unemployment rate lower, but such declines signal deep scarring in the labor market.<h2>The bigger picture</h2><a href="https://www.businessinsider.com/us-weekly-jobless-claims-745000-economic-recovery-labor-market-unemployment-2021-3">Jobless-claims data</a> and <a href="https://www.businessinsider.com/us-private-payrolls-february-adp-report-labor-market-economic-recovery-2021-3">private-payrolls reports</a> offer some detail as to how the labor market fared through February, but the BLS release paints the clearest picture yet as to how the coronavirus pandemic has affected workers and the unemployed.Roughly 13.3 million Americans cited the pandemic as the main reason their employer stopped operations. That's down from 14.8 million people in January.The number of people saying COVID-19 was the primary reason they didn't seek employment dropped to 4.2 million from 4.7 million.About 22.7% of Americans said they telecommuted because of the health crisis. That compares with 23.2% in January.Roughly 2.2 million Americans said their job loss was temporary, down from 2.7 million the month prior. The number of temporary layoffs peaked at 18 million in April, and while the sum has declined significantly, it still sits well above levels seen before the pandemic.<h2>Filling the hole</h2>The Friday reading affirms that while the <keyword id="34412" type="ORGANIZATION" weightage="100" keywordseo="economy">economy</keyword> is far from fully recovered, the pace of improvement is picking up, most likely tied to the steady decline in daily new COVID-19 cases. The US reported 54,349 new cases on the last day of February, down from the January peak of 295,121 cases. Hospitalizations and daily virus deaths have similarly tumbled from their early-2021 highs, according to <a href="https://covidtracking.com/data">The COVID Tracking Project</a>.All the while, the country has ramped up the distribution and administration of coronavirus vaccines. The US has administered more than 82.6 million doses, according to <a href="https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/">Bloomberg</a> data. The average daily pace of vaccinations climbed above 2 million on Wednesday and has held the level. At the current rate, inoculating three-quarters of the US population would take roughly six months, but the Biden administration has a rosier outlook.The president on Tuesday announced the US would have enough vaccine doses for every adult <a href="https://www.businessinsider.com/biden-us-will-have-vaccines-300-million-people-may-2021-3">by the end of May</a>. While distributing the shots will most likely last beyond May, the new timeline marks a two-month improvement to the administration's previous forecast.Still, other data tracking the labor market points to a sluggish rebound. Initial jobless claims <a href="https://www.businessinsider.com/us-weekly-jobless-claims-745000-economic-recovery-labor-market-unemployment-2021-3">totaled 745,000 last week</a>, according to Labor Department data published Thursday. That was below the median economist estimate of 750,000 claims but a slight increase from the previous week's revised sum of 736,000. Weekly claims counts have hovered in the same territory since the fall as lingering economic restrictions hinder stronger job growth.Continuing claims, which track Americans receiving unemployment benefits, fell to 4.3 million for the week that ended February 20. The reading landed in line with economist projections.Other corners of the economy are faring much better amid the warmer weather and falling case counts. Retail sales <a href="https://www.businessinsider.com/us-retail-sales-january-beat-estimates-stimulus-economic-activity-recovery-2021-2#:~:text=US%20retail%20sales%20climb%20the,stimulus%20boost%20ends%20losing%20streak&amp;text=US%20retail%20sales%20grew%205.3,a%20three%2Dmonth%20losing%20streak.eak.">grew 5.3% in January</a>, trouncing the 1% growth estimate from surveyed economists. The strong increase suggests the stimulus passed at the end of 2020 efficiently lifted consumer spending in a matter of weeks.All signs point to another fiscal boost being approved over the next few days. Senate Democrats <a href="https://www.businessinsider.com/senate-democrats-stimulus-plan-kick-off-marathon-debate-2021-3">voted to advance</a> their $1.9 trillion stimulus plan on Thursday, kicking off a period of debate before a final floor vote. President Joe Biden has said he wants to sign the bill before expanded unemployment benefits lapse March 14. The new package includes $1,400 direct payments, a $400 supplement to federal unemployment insurance, and aid for state and local governments.The bill isn't yet a done deal. Sen. Ron Johnson of Wisconsin <a href="https://www.businessinsider.com/stimulus-republicans-debate-trillion-relief-package-ron-johnson-vote-rama-2021-3">forced a reading of the entire 628-page bill</a> on Thursday, as Republicans seek to at least drag out its passage into law. Not a single Republican senator voted to advance the bill Thursday.A process known as "vote-a-rama" will start after the 20 hours of debate and give Republicans the chance to further impede a final vote by introducing potentially hundreds of amendments to the bill.

US economy adds 379,000 payrolls in February, smashing forecasts as virus cases tumble

Former <keyword id="11918128" type="UNKNOWN" weightage="60" keywordseo="virginia" source="Orion">Virginia</keyword> Gov. <keyword id="11972414" type="UNKNOWN" weightage="60" keywordseo="terry-mcauliffe" source="Orion">Terry McAuliffe</keyword> <a href="https://www.buzzfeednews.com/article/rubycramer/governor-superlative">once wrestled</a> a 280-pound alligator to secure a $15,000 campaign donation for President Jimmy Carter's 1980 reelection campaign. In 2009, the former Democratic National Committee Chairman <a href="https://www.washingtonpost.com/wp-dyn/content/article/2009/06/09/AR2009060903020.html">ran unsuccessfully</a> for his party's gubernatorial nomination, but came back to win the nomination - and the <a href="https://www.businessinsider.com/election-day-2013-results-virginia-new-jersey-new-york-city-mcauliffe-christie-de-blasio-2013-11">governorship</a> - four years later. During his time in the Executive Mansion from 2014 to 2018, McAuliffe faced a solidly-conservative <keyword id="11917127" type="UNKNOWN" weightage="60" keywordseo="gop" source="Orion">GOP</keyword> legislature <a href="https://www.washingtonpost.com/local/virginia-politics/mcauliffe-poised-to-set-the-record-most-vetoes-by-a-virginia-governor/2017/03/22/6141e204-0e6b-11e7-9d5a-a83e627dc120_story.html">that was resistant</a> to many of his legislative proposals. However, as the longtime Democratic power broker seeks to win his old job back in the November general election, he faces a test unlike any that he's encountered in the past - with his race serving as a barometer of the current political alignment of the Old Dominion.Democrats have been ascendant in the state for over a decade now - with key wins that included former President Barack Obama's 2008 and 2012 victories, Ralph Northam's 2017 gubernatorial victory against former Republican National Committee Chairman Ed Gillespie, the party <a href="https://www.businessinsider.com/virginia-election-results-winners-losers-democrats-legislature-flip-2019-11">taking full control</a> of the state legislature after the 2019 elections, and now-President Joe Biden's <a href="https://www.businessinsider.com/virginia-presidential-election-2020-live-vote-counts-results-2020">double-digit triumph</a> against then-President <keyword id="11914386" type="UNKNOWN" weightage="60" keywordseo="donald-trump" source="Orion">Donald Trump</keyword> last fall.Republicans - who in recent years have nominated a string of candidates that struggled with <a href="https://www.washingtonpost.com/dc-md-va/2021/08/07/northern-virginia-governor-elections-republican/">the ever-growing suburban vote</a> - have not won a statewide race in Virginia since 2009. But this year, GOP delegates nominated <keyword id="11972415" type="UNKNOWN" weightage="60" keywordseo="glenn-youngkin" source="Orion">Glenn Youngkin</keyword>, a former private equity executive and first-time political candidate who has so far been able to speak to conservative issues in way that has united the party's business class and its dominant Trump wing. The Republican approach, along with Biden's <a href="https://www.washingtonpost.com/politics/democrsts-virginia-governor/2021/09/29/47f3099a-2135-11ec-9309-b743b79abc59_story.html">slumping numbers</a> in the state, have made the Virginia election a real race in the closing weeks of the campaign.Despite the state's recent Democratic-leaning orientation, Quentin Kidd, director of the Wason Center for Civic Leadership at Christopher Newport University in Newport News, Va., told Insider that there still remains a strong GOP base of reliable supporters. "Republicans consistently turn out a million or a little over a million voters consistently, even when they've lost massively," he said.With the dominant <keyword id="12134721" type="UNKNOWN" weightage="60" keywordseo="democratic-party" source="Orion">Democratic Party</keyword> facing an energized GOP, what do the dynamics of the electorate reveal about Virginia's political identity?<div type="image" title="Henrico voter" height="3054" width="5100" msid="87001014" hostid="261"></div><h2>The importance of the suburban vote can't be overstated</h2>From the 1970s through the 1990s, Republican presidential victories in Virginia were powered by the state's fast-growing suburban areas in northern Virginia, the Richmond metropolitan area, and Hampton Roads, which form the core of the vote-rich "Golden Crescent." However, from the late 2000s through the last decade, many suburban localities, including populous Loudoun, Prince William, and Henrico counties, began to support Democrats on the presidential level. This shift, which was already ongoing as the GOP became more ideologically conservative, was exacerbated by Trump's deep unpopularity in these suburbs, which are filled with college-educated moderates and <keyword id="12307384" type="UNKNOWN" weightage="60" keywordseo="independent-voters" source="Orion">independent voters</keyword> who have become more receptive to Democratic messaging. Minority voters, notably Black, Latino, and Asian residents, are also increasingly becoming a part of the suburban electoral calculus.In northern Virginia, where McAuliffe and Youngkin both reside, Democrats have had striking success in recent election cycles. In 2019, northern Virginia boasted a population of 2.8 million residents and the region's votes made up 32% of the total statewide count in last year's presidential election, <a href="https://www.washingtonpost.com/dc-md-va/2021/08/07/northern-virginia-governor-elections-republican/">according to The Washington Post</a>. The party handily carried the region by 32% in the 2017 gubernatorial election won by Northam, who is term-limited and ineligible to run for reelection. By running for a second, nonconsecutive term in office, McAuliffe is hoping to pull off a rare feat in Virginia - the last governor elected to two terms was Mills Godwin, who served in office from 1966 to 1970 as a Democrat and from 1974 to 1978 as a Republican.<a href="https://cnu.edu/wasoncenter/surveys/archive/2021-10-08.html">A recent poll released by the Wason Center</a> on Oct. 8 showed McAuliffe ahead of Youngkin 49%-45% with likely voters - the survey had a margin of error of 4.2%. In the same poll, Youngkin led among independents by a 50%-41% margin.J. Miles Coleman, the associate editor of <a href="https://centerforpolitics.org/home/">Sabato's Crystal Ball at the University of Virginia Center for Politics</a>, which <a href="https://centerforpolitics.org/crystalball/articles/notes-on-the-state-of-politics-sept-22-2021/">currently classifies</a> the race as "leans Democratic," told Insider that Youngkin has a compelling personal story as a native Virginian who earned a basketball scholarship to play at Rice University and went on to earn an MBA at Harvard before eventually <a href="https://www.washingtonpost.com/local/virginia-politics/glenn-youngkin-fortune-carlyle-virginia/2021/08/02/aeeebab4-efc5-11eb-81d2-ffae0f931b8f_story.html">amassing a fortune</a> of over $300 million at the helm of the Carlyle Group. "The Republicans have a fairly attractive candidate in Youngkin," he said. "He's not hated as much Trump is here, that's for sure. He kind of has an uplifting life story, and I think he's probably better positioned to appeal to some of those <keyword id="12307383" type="UNKNOWN" weightage="60" keywordseo="suburban-voters" source="Orion">suburban voters</keyword> who used to be Republicans but now vote for Democrats. He has tried to touch on some themes of law and order with a softer edge than Ed Gillespie ... at this time four years ago we were talking about MS-13," a reference to the violent street gang.<div type="image" title="Glenn Youngkin" height="2652" width="3977" msid="87001018" hostid="261"></div><h2>McAuliffe has been unable to cast Youngkin as unacceptable to swing voters</h2>Republicans are bullish on their support among some of the very same independents who have backed Democrats like Northam and Biden, along with lawmakers like Sens. Mark Warner and Tim Kaine. McAuliffe has consistently sought to tie Youngkin to Trump, as well as <a href="https://apnews.com/article/business-elections-virginia-election-2020-general-elections-550fffc55ccc6bdec99ece7b4728ed80">raise concerns</a> about access to abortion in the wake of the implementation of <a href="https://www.insider.com/texas-abortion-ban-people-are-stockpiling-abortion-pills-2021-10">a highly restrictive Texas law</a> that effectively bans the procedure after the sixth week of pregnancy. The former governor has also chided Youngkin for opposing COVID-19 vaccine mandates in an appeal to independents who back such measures. Youngkin, who has been vaccinated, disagrees with the mandates and said last month that getting inoculated is <a href="https://www.washingtonpost.com/politics/republican-attacks-on-vaccine-mandates-undercut-crucial-tool-to-combat-pandemic-experts-say/2021/09/20/20efc558-18ad-11ec-b976-f4a43b740aeb_story.html">a personal decision</a>.The former governor has also criticized Youngkin for <a href="https://www.washingtonpost.com/local/virginia-politics/critical-race-theory-virginia-governor-youngkin/2021/10/01/17ad45f0-1cc8-11ec-8380-5fbadbc43ef8_story.html">invoking</a> critical race theory, which examines how America's history of racism continues to reverberate through laws and policies that exist today; it is a discipline that is generally not taught in K-12 schools, but Youngkin <a href="https://www.washingtonpost.com/local/virginia-politics/critical-race-theory-virginia-governor-youngkin/2021/10/01/17ad45f0-1cc8-11ec-8380-5fbadbc43ef8_story.html">has pledged "ban" it</a> on his first day in office.McAuliffe, who is known for being a disciplined campaigner, has had a tough time linking Youngkin to the former president in the minds of many swing voters. Kidd, the Wason director, told Insider that even if Youngkin comes up short in his campaign, he could provide a roadmap for the Virginia GOP as they seek an escape from the political wilderness. "Glenn Youngkin may not win, but Republicans may have found a way to thread the needle between Trumpism and economic conservatism, which they have struggled to do," he said. "Youngkin seems to be walking a tightrope pretty effectively in some ways. He embraces Trump just enough, but not too much, and he distances himself from Trump just enough, but not too much."<div type="image" title="Ken Cuccinelli" height="2669" width="4011" msid="87001021" hostid="261"></div><h2>The conservative vote in the state remains influential</h2>Despite Democrats currently holding all major statewide offices in Virginia, the GOP still holds 45 out of 100 seats in the House of Delegates and 19 out of 40 seats in the Senate. This year, every House seat is up for grabs, with Democrats angling to retain the majority that they clawed back in 2019. In addition to partisan gerrymandering, a major reason why Democrats struggled to regain control of many suburban-based House districts in the last decade prior to Trump's election was low turnout.In 2009, the last year that Democrats lost a gubernatorial election in Virginia, Republicans were eager to elect former state Attorney General Bob McDonnell and he won in a 59%-41% landslide over state Sen. R. Creigh Deeds. Overall turnout that year was 40.4%, <a href="https://www.elections.virginia.gov/resultsreports/registrationturnout-statistics/">according to the Virginia Department of Elections</a>. In 2013, when McAuliffe was elected governor, turnout hit 43%, which provided the lift he needed to defeat then-GOP state Attorney General Ken Cuccinelli by a 48%-45% margin. In 2017, Northam beat Gillespie by a 54%-45% spread, with a 47.6% turnout rate fueled by Democratic dissatisfaction with the Trump administration.Kidd told Insider that inconsistent Democratic turnout has been a lingering issue for the party. "Democrats flex all over the place with their numbers," he said. "They either turn out 1.4 or 1.5 million voters, or they turn out 800,000. Democratic losses since Obama's election in 2008 have been because they don't show up, and close wins have happened because they don't show up. In 2014, Mark Warner pulled it out [<a href="https://www.washingtonpost.com/wp-srv/special/local/va-senate-2014/results/">US Senate race</a>] by the skin of his teeth, and it's because Democrats were sort of chagrined about the state of everything going on in the country."While Republicans have faltered in northern Virginia in recent cycles, they still have a solid base of support in many exurban communities in the state, especially in the Richmond area and Hampton Roads, and they continue to dominate in the rural countryside, which includes Southwest Virginia.<div type="image" title="McAuliffe Biden" height="2666" width="3999" msid="87001029" hostid="261"></div><h2>The election is inextricably linked to Washington, DC</h2>Last fall, Biden captured Virginia and its 13 electoral votes, winning the state by 10 points (54%-44%) in a year where Democrats were especially mobilized against Trump. However, months after the president took office, unexpected turbulence with the administration's handling of the COVID-19 pandemic, along with <a href="https://www.businessinsider.com/biden-speech-afghanistan-us-finalizes-withdrawal-2021-8">the withdrawal of US troops from Afghanistan</a> and a stalled domestic agenda in Congress have removed much of the luster from his numbers.In the <a href="https://www.washingtonpost.com/context/sept-7-13-washington-post-schar-school-virginia-poll/30a01c3f-103a-4cb1-9d62-049d77f5a245/?itid=lk_inline_manual_2">Washington Post-Schar poll</a>, Biden's approval rating in Virginia sat at 46%, with 51% disapproving. During a virtual meeting with supporters last week, CNN <a href="https://www.cnn.com/videos/politics/2021/10/08/virginia-governor-race-biden-mcauliffe-lead-zeleny-dnt-vpx.cnn">reported</a> that McAuliffe mentioned Biden's sagging approval figure in the state. "We are facing a lot of headwinds from Washington, as you know," he said on the call. "The President is unpopular today unfortunately here in Virginia, so we have got to plow through." While the former governor brushed off the comments, the legislative inaction prompted him <a href="https://www.yahoo.com/now/democrat-mcauliffe-says-3-5-010200154.html">to state</a> that the $3.5 trillion price tag for the Democratic-led infrastructure bill was "too high."<a href="https://apnews.com/article/joe-biden-congress-barack-obama-terry-mcauliffe-only-on-ap-e62b4ea2dd8ba18ff5e9930ad895258a">During a Tuesday interview</a> with The Associated Press, McAuliffe called on Democratic lawmakers in Washington, DC, to "do your job" and do "whatever it takes" to pass substantive legislation. "They got to get their work done," he told the news agency. "People are counting on them."In a state filled with federal workers and military veterans, residents are very much attuned to what emanates from the nation's capital, and McAuliffe clearly wants to see results, Coleman told Insider. "From his perspective, he just wants something passed," he said. "He wants to at least have the perception that Biden is able to pass his priorities. I think you'll see some Democrats across the country kind of trim their sails like him and say, 'We just want something that we can show the voters and say that this was what we've done.'"

You Searched For "total inoculation count" and got 13 results

India registers 1,84,372 new COVID-19 cases, 1,027 deaths in last 24 hours, pushing the overall tally to 13,87,825

IANS

India logs highest single day-spike of 3,49,691 new COVID-19 cases and 2,767 deaths

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COVID-19: India registers 2,73,810 fresh cases and 1,169 fatalities in last 24 hours, highest single-day spike ever

IANS

India logs over 1000 fresh COVID-19 cases and one death in last 24 hours

IANS

India logs 4,575 fresh COVID-19 cases and 145 deaths in the last 24 hours

IANS

UP government says these 31 districts have no active COVID cases

IANS

India clocks over 200,000 COVID-19 cases for a third day in a row

IANS

India registers 1,61,736 new COVID-19 cases and 879 deaths in last 24 hours

IANS

Tens of thousands of people with appointments to get the COVID-19 vaccine have reportedly had them canceled as states run out of supplies

Erin Snodgrass

401(k)s soared so much in the last year it's making more Americans rich enough to retire

Ben Winck,Andy Kiersz

US economy adds 379,000 payrolls in February, smashing forecasts as virus cases tumble

Ben Winck

The Virginia governor's race is shaping up as a test of the state's Democratic strength and Biden

John L. Dorman

Israel, the Palestinians, and the COVID-19 vaccination rollout: The legal and moral obligations

Joshua Zitser

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