WHO says more understanding needed on dexamethasone : Bulletin: Business Today
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WHO says more understanding needed on dexamethasone

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June 18, 2020

Coronavirus test price in Delhi capped at Rs 2,400
Under its initiatives to contain the spread of COVID-19 in the national capital, Ministry of Home Affairs has recommended to the Delhi government to cap the price of coronavirus testing at Rs 2,400. The rate has been suggested by an expert committee on rates to be charged by testing laboratories.

India elected non-permanent member of UNSC with absolute majority
India was elected as non-permanent member of the powerful UN Security Council for a two-year term on Wednesday, winning 184 votes in the 193-member General Assembly. Along with India, Ireland, Mexico and Norway also won the Security Council elections held Wednesday.

China's investment plans in India cross $26 billion: Will breaking ties hurt India Inc.?
In light of the recent clash between India and China, the trade relations between the two Asian giants are poised for a rough ride. There have been calls for boycott of Chinese goods by various groups in India. However, the reality is different, at least going by India's trade relations with China, its largest trading partner. With China accounting for more than 10 per cent of our trade, India will find it difficult to disengage with China.

Coronavirus pandemic to nearly wipe out growth in developing Asia in 2020: ADB
Developing Asia will likely clock up its weakest growth in nearly six decades this year, the Asian Development Bank (ADB) said on Thursday, as measures to contain the contagious novel coronavirus hammer economic activity. Developing Asia, a group of 45 countries in the Asia-Pacific region, is expected to post growth of just 0.1% in 2020, the ADB said, the slowest pace since 1961, before growing 6.2% next year.

Coronavirus crisis: WHO says more understanding needed on dexamethasone
The emergencies chief of the World Health Organization welcomed the news this week that dexamethasone, a cheap steroid, was shown in a British trial to reduce deaths among patients critically ill with the coronavirus, but said it was too soon to change how patients are treated. It's one of the breakthroughs we're going to need to effectively deal with COVID-19, but it's still preliminary data, said Dr. Michael Ryan at a press briefing.

Fitch cuts India's outlook to 'negative'
Ratings agency Fitch cut its outlook for India to "negative" from "stable" on Thursday, saying that the coronavirus outbreak had an unfavourable impact on the economy. "The coronavirus pandemic has significantly weakened India's growth outlook for this year and exposed the challenges associated with a high public-debt burden," Fitch said in a statement.

India-China border tension: Oppo cancels live online phone launch in India
China's Oppo cancelled the live online launch of its flagship smartphone in India on Wednesday after a border clash between the two countries that has renewed calls from local Indian trader groups to shun Chinese products. The clashes risk souring sentiment for big Chinese investors who were eyeing the Indian market and already faced pressure as anti-China sentiment festered during the coronavirus outbreak.

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