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India needs to look beyond what rating agencies think, says ex-RBI governor

“What India should focus on at this point is protecting its economic capabilities, so that when it has dealt with the virus it can go resume activity in a reasonable way. That should be the focus.And if it does that, there is no reason why the rating agencies will not see that as an appropriate policy,” Former Reserve Bank of India governor Raghuram Rajan said.

Centre releases Rs 890 cr as 2nd tranche of package for COVID-19 health system preparedness

The second instalment of the aid will be used to strengthen public health infrastructure for testing, including procurement and installation of RT-PCR machines, RNA extraction kits, TrueNat and CB-NAAT machines, bolster infrastructure for treatment and development of ICU beds, installation of oxygen generators and procurement of bedside oxygen concentrators among others.

It would also be used for engagement, training and capacity building of necessary human resources and incentives to healthcare workforce and volunteers, including ASHA workers on COVID-19 duties, the health ministry said

Zydus Cadila’s COVID-19 vaccine candidate found safe in early-stage human trial

Zydus plans to complete late-stage trials for ZyCoV-D by February or March and could produce up to 100 million doses a year initially, the company’s chairman told Reuters last month.
India reported a daily jump of more than 50,000 coronavirus infections for the seventh straight day on Wednesday.Total cases now stand at 1.91 million, the third biggest, after the United States and Brazil

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