Indian

Covid-19 3rd wave could peak between Oct-Nov; intensity expected to be 1/4 of second wave

Manindra Agrawal, an IIT-Kanpur scientist who is part of the three-member team of experts that have been tasked with predicting any surge in infections, said if no new virulent emerges, then the situation is unlikely to change.

If the third wave peaks, the country may see only 1 lakh daily cases as against more than 4 lakh when the deadly second wave was at its peak in May. The second wave killed thousands and infected several lakh.

FSDC meeting on Sep 3; to take stock of economy, financial sector

The Reserve Bank of India Governor, and the heads of the Securities and Exchange Board of India, Insurance Regulatory and Development Authority of India, Pension Fund Regulatory and Development Authority, and International Financial Services Centres Authority are also members of the FSDC.Sources also said that the finance minister may ask financial sector regulators to relax and harmonise investment norms for instruments like infrastructure investment trusts (InvITs) to be used to monetise public assets like highways, power and railway tracks.

Covid-19: DGCA extends suspension of international flights till Sep 30

International scheduled flights may be allowed on selected routes by the competent authority on case to case basis.
“This restriction shall not apply to international all-cargo operations and flights specifically approved by DGCA. However, International Scheduled flights may be allowed on selected routes by the competent authority on case to case basis,” further stated the circular.

International

Bill Coen appointed chair of the IFRS Advisory Council

The new Advisory Council Chair will have three priorities. First, to provide leadership and set the agenda for the 2020 meetings; second, to assess for the Trustees of the Foundation any relevant changes that may be warranted in the role and composition of the Advisory Council; and third, to position the Council through any transition.

Coronavirus emergency ‘holds a very grave threat’ for world: WHO

“With 99% of cases in China, this remains very much an emergency for that country, but one that holds a very grave threat for the rest of the world,” he told more than 400 researchers and national authorities, including some taking part by video conference from mainland China and Taiwan.

WHO warns overseas coronavirus spread may be ‘tip of the iceberg

“There’ve been some concerning instances of onward 2019nCoV spread from people with no travel history to China. The detection of a small number of cases may indicate more widespread transmission in other countries; in short, we may only be seeing the tip of the iceberg,” tweeted Ghebreyesus, Director-General of the WHO.

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