Omicron wave might be over as quickly as it began, says new report

According to a new report from SBI, India's Omicron wave may hit its peak in the next couple of weeks as cities deal better with the outbreak.

With Mumbai already hitting a peak at 20,971 cases on January 7, the country's financial capital could soon see a sharper decline. India, meanwhile, has reported 2,38,018 fresh cases today - a minor dip - as major cities hit their peaks.

India has fully vaccinated 64% of its eligible population, while 89% of eligible people have gotten at least one dose. Vaccination has also opened up for teenagers, while the country's at-risk population is getting a third, booster dose.

The Omicron wave is likely to have begun on December 29, with cases rising ever since and active cases hitting a 230-day high today.