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Global economic recovery may take five years, World Bank chief economist says

Reinhart said the pandemic-caused recession will last longer in some countries than in others and will exacerbate inequalities as the poorest will be harder hit by the crisis in rich countries and the poorest countries will be harder hit than richer countries.

For the first time in twenty years, global poverty rates will rise following the crisis, she added.

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Serum Institute gets approval to resume India trial of AstraZeneca COVID vaccine: source

AstraZeneca has resumed British clinical trials of the vaccine, one of the most advanced in development for COVID-19, after they were paused earlier this month following a serious side effect in a trial participant.

Trials have also resumed in Brazil and South Africa, but remain on hold in the United States.Indian regulators had allowed Serum’s trials of the AstraZeneca vaccine to resume under certain conditions, including increased safety monitoring and informing volunteers about new findings, a DCGI source said.

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Some Indian hospitals scramble for oxygen as coronavirus cases top 5 million

At least 6% of India’s nearly 1 million active cases need oxygen support, health ministry official Rajesh Bhushan told reporters. Supplies were adequate but state governments should monitor usage and flag shortages, he said.

“The problem happens when at a facility level, if there is no inventory management. Every state should ensure this,” Bhushan said.

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Centre approved anti-viral medicines to treat COVID-19 patients, says SC

The top court was hearing a plea seeking registration of an FIR by the CBI against ten Indian pharmaceutical firms for manufacturing and selling these two medicines for treating COVID-19 patients allegedly without valid licences.
A bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian referred to the New Drugs and Clinical Trials Rules, 2018 and said these medicines have been permitted by the government for using in treatment of novel coronavirus patients.

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India’s coronavirus cases jump by daily record of 97,894

The COVID-19 case fatality rate due to the coronavirus infection was recorded at 1.63 per cent.

There are 10,09,976 active cases of COVID-19 in the country which comprises 19.73 per cent of the total caseload, the data stated.
With 5.12 million cases in all, India is the world’s second-worst affected country, and trails only the United States, which has a caseload of around 6.6 million

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Global coronavirus cases to soon surpass 30 million: Reuters tally

The official number of global coronavirus cases is now more than five times the number of severe influenza illnesses recorded annually, according to World Health Organization data.

Around the world, there have been almost 1 million deaths, considered a lagging indicator given the two-week incubation period of the virus. That has well exceeded the upper range of 290,000 to 650,000 annual deaths linked to influenza.

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COVID-19 tally in India crosses 50-lakh mark

The COVID-19 case fatality rate due to the coronavirus infection further dropped at 1.63 per cent.

There are 9,95,933 active cases of COVID-19 in the country which comprises 19.84 per cent of the total caseload, the data stated.

According to the ICMR, a cumulative total of 5,94,29,115 samples have been tested up to September 15 with 11,16,842 samples being tested on Tuesday.

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