Beijing cuts flights to curb potential spread of COVID-19 cases : Bulletin: Business Today
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Beijing cuts flights to curb potential spread of COVID-19 cases

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June 17, 2020

With 3 out of 5 orders, Tier-II, smaller towns lead online sales
Online retail in India has democratised shopping with access to 97 per cent of the country's PIN codes and also empowering sellers - big and small - to sell to a wider consumer base. Online shoppers in India will reach nearly 300-350 million shoppers, growing at 30 per cent CAGR over the next five years according to a report by Bain & Company and Flipkart.

India-China border clash: 'Closely monitoring, support peaceful resolution,' says US
The US State Department issued a statement on Wednesday regarding the India-China standoff at the Galwan Valley region of Eastern Ladakh. The US State Department spokesperson said that both the countries have expressed their desire to de-escalate and that they support a peaceful resolution of the current situation. He also said the US was monitoring the situation closely.

UK steroid Dexamethasone shows life-saving qualities in serious COVID-19 patients
Dexamethasone, a time-tested steroid used to treat inflammation, can reduce death up to one-third in hospitalised patients with severe respiratory complications of COVID-19, an important large clinical trial by the University of Oxford has said. In India the drug has a market of over Rs 100 crore and has numerous manufacturers. However, during the trial there was no benefit among patients who did not require respiratory support. While WHO Chief Scientist Dr Soumya Swaminathan has hailed this progress, she has pointed out that taking Dexamethasone  inappropriately could worsen the situation in a COVID-19 infection. The drug is to be given only to critically ill patients under a doctor's guidance.

Coronavirus crisis: Any decision on resuming international flights to come in July, says Puri
India will take a decision on resumption of international passenger flights in July if coronavirus behaves in a "predictable manner" and the entire aviation ecosystem and state governments are onboard, Civil Aviation Minister Hardeep Singh Puri said. The country resumed domestic passenger flights from May 25 after a gap of two months amid the coronavirus pandemic. Scheduled international passenger flights, however, continue to remain suspended in India.

IT sector to experience near-term disruption; FY22 should be normal: Citi report
The Indian information technology (IT) sector is expected to see near-term disruption but the financial year 2021-22 "should be a normal year" given the need for technology across segments, according to a report by Citi. COVID-19 has provided IT services companies with an opportunity to test work from home (WFH) concepts, and innovate on services as well as delivery.

Beijing cuts flights to curb potential spread of mounting coronavirus cases
Scores of domestic flights in and out of Beijing were cancelled on Wednesday as officials ramped up attempts to contain a coronavirus outbreak in the Chinese capital over the past week that has sparked fears of renewed wider contagion. Health officials recorded 31 new confirmed infections for June 16, bringing the cumulative infections to 137 cases, the worst resurgence of the disease in the city since early February.

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