- 6298 new cases, 23 new deaths (Including 4 backlog), 5916 new recoveries, 359 rise in active cases.
- New cases 124 (1.93%) lower than the previous day.
- Kerala reports 2427 new cases, Maharashtra 755, Karnataka 551
- Maharashtra reports 7 new deaths, Kerala 4 (all backlog), Delhi 3
- 13 states/UTs report rise in active cases. 19 states/UTs report fall in active cases.
- Difference between new cases reported in the last 7 days and the preceding 7 days in India is +12% (world average is -13%)
- 19.62 lakh new vaccinations. 216.18 crore total. 0.31 lakh of 18+ population received their first dose yesterday, 1.47 lakh second dose. 0.18 lakh of 15-18 year olds received their first dose yesterday, 0.41 lakh second dose. 0.35 lakh of 12-14 year olds received their first dose, 0.78 lakh second dose. 16.13 lakh received the precaution dose yesterday. 94.62 crore fully vaccinated.
- 3.34 lakh new tests. All-India test daily positivity rate: 1.89% (2.04% the previous day)
- 6298 new cases, 23 new deaths (Including 4 backlog), 5916 new recoveries, 359 rise in active cases.
- New cases 124 (1.93%) lower than the previous day.
- Kerala reports 2427 new cases, Maharashtra 755, Karnataka 551
- Maharashtra reports 7 new deaths, Kerala 4 (all backlog), Delhi 3
- 13 states/UTs report rise in active cases. 19 states/UTs report fall in active cases.
- Difference between new cases reported in the last 7 days and the preceding 7 days in India is +12% (world average is -13%)
- 19.62 lakh new vaccinations. 216.18 crore total. 0.31 lakh of 18+ population received their first dose yesterday, 1.47 lakh second dose. 0.18 lakh of 15-18 year olds received their first dose yesterday, 0.41 lakh second dose. 0.35 lakh of 12-14 year olds received their first dose, 0.78 lakh second dose. 16.13 lakh received the precaution dose yesterday. 94.62 crore fully vaccinated.
- 3.34 lakh new tests. All-India test daily positivity rate: 1.89% (2.04% the previous day)
In general, many financial experts support their clients’ desire to buy cryptocurrency, but they don’t recommend it unless clients express interest. “The biggest concern for us is if someone wants to invest in crypto and the investment they choose doesn’t do well, and then all of a sudden they can’t send their kids to college,” says Ian Harvey, a certified financial planner (CFP) in New York City. “Then it wasn’t worth the risk.” The speculative nature of cryptocurrency leads some planners to recommend it for clients’ “side” investments. “Some call it a Vegas account,” says Scott Hammel, a CFP in Dallas. “Let’s keep this away from our real long-term perspective, make sure it doesn’t become too large a portion of your portfolio.” In a very real sense, Bitcoin is like a single stock, and advisors wouldn’t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if you’re passionate about it. “If it was one stock, you would never allocate any significant portion of your portfolio to it,” Hammel says.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
