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Business Matters: India's coronavirus battle intensifies

India's coronavirus battle intensifies

05/05/2021 GMT

BBC World Service - Business Matters, India's coronavirus battle intensifies

20,000,000 cases have been diagnosed in the country since the disease first appeared

Official coronavirus numbers are widely thought to be substantially lower than actual cases due to under-reporting

In what to many seems to be a vacuum at the heart of the government response to the crisis charities have stepped in to fill the gap. In the capital Delhi, members of the Shahi Bagh Wali mosque have been distributing oxygen cylinders to patients in urgent need. We hear from Pavinda Nanda of the United Sikhs a charity affiliated to the United Nations. Meanwhile, trade and investment deals worth $1.3bn have been announced between the UK and India; we get analysis from Lord Karan Bilimoria, who is president of the Confederation of British Industry. Janet Yellen the US Treasury Secretary has been talking about inflation, suggesting that it would rise and that interest rates might have to go up too; we talk to Nobel prize-winning economist Professor Joseph Stiglitz from Columbia University. And the world's biggest jeweller, Pandora, is switching from mined diamonds to lab-made. The firm's chief executive, Alexander Lacik, tells us what's behind the move. Plus, as coronavirus lockdowns ease, the BBC's Victoria Craig examines the changes in consumer behaviour that may be here to stay. And we're joined throughout the programme by two guests on opposite sides of the world; Jeanette Rodrigues Bureau Chief for Bloomberg in Mumbai, India and political commentator Erin Delmore in New York. (Picture of a woman receiving her Covid-19 vaccine in New Delhi, India. Photo by Rebecca Conway via Getty Images).

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