News Wrap: May 7, 2020 - Vizag factory gas leak claims several lives and more

·3-min read
A man carries a young girl to evacuate her following a gas leak incident at an LG Polymers plant in Visakhapatnam on May 7, 2020.
A man carries a young girl to evacuate her following a gas leak incident at an LG Polymers plant in Visakhapatnam on May 7, 2020.

Catch up on all the top developments of the day with our daily news capsule.

Gas leak at Vizag plastics factory leaves at least 11 dead

At least 11 people, including a six-year-old, were killed and nearly 5,000 fell sick after a chemical gas leaked from a plastic manufacturing unit of LG Polymers in Andhra Pradesh's Gopalapatnam near Visakhapatnam in the early hours of Thursday. Read More

Indian company claims to have made home-use COVID-19 test kit

A Hyderabad-based company claims it is ready with a rapid test kit for Covid-19 that can be used at home for testing by a common man. It will cost only about Rs 50 to Rs 100, as against the kits procured from Chinese companies at a whopping cost of Rs 400 or Rs 600. Read More

What is styrene gas and how does it affect humans?

Styrene is regarded as a "known carcinogen", especially in case of eye contact, but also in case of skin contact, of ingestion and of inhalation. According to reports, long-term exposure to styrene in humans results in effects on the central nervous system (CNS), such as headache, fatigue, weakness, and depression, CSN dysfunction, hearing loss, and peripheral neuropathy. Read More

SBI cuts lending rate by 15 basis points

State Bank of India (SBI), the state-run largest lender, has announced the reduction in its MCLR by 15 bps across all tenors. Consequently, EMIs on eligible home loan accounts (linked to MCLR) will get cheaper by approximately Rs 255.00 for a 30 year loan of Rs. 25 lakh. Read More

Rahul Gandhi turns journalist amid COVID-19 pandemic

Social media was abuzz with discussions on Rahul Gandhi’s recent role as a journalist, with senior media personality Rajdeep Sardesai chuckling that Rahul could soon render television anchors jobless. Read More

Kotak Mahindra announces salary cut for some employees

Kotak Mahindra Bank in an internal e-mail communication has informed its employees that it will be cutting CTC (cost-to-company) of all employees earning over Rs 25 lakh per annum, a Moneycontrol report said. Read More

#BoisLockerRoom: What can we do to prevent such horrifying incidents?

The extremely disturbing incident of an Instagram group named ‘bois locker room’, where teenage boys from prominent South Delhi schools allegedly shared photos of girls and engaged in sexually explicit conversation, including threats of sexual violence and ‘gang rape’, has opened up a can of worms. Your View

MS Dhoni used to be a really shy guy: Harbhajan Singh

"We have played a lot of cricket together, we have toured a lot of countries together West Indies, Sri Lanka, New Zealand, Australia. MS was a very shy guy. He never used to come to our rooms. He used to be on his own.” Read More

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