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COVID-19 Update

  “The world is a fine place and worth fighting for and I hate very much to leave it.” Ernest Hemingway

Global COVID-19 cases increased past 27 million as the pandemic continues to create havoc. India is now the second-largest country with the most novel coronavirus cases and the pandemic’s epicenter. The combined novel coronavirus cases of the US, India, and Brazil amount to ~54.2 percent of the worldwide cases as of 07 September 2020. The surge in cases is astronomical in India significantly after the recent unlock down as Ind

ia registered 91,723 new cases yesterday. With inaccurate healthcare facilities with less than 3 percent of GDP allocated to healthcare, India registered a woeful decline of -23.90 percent in Q1 GDP numbers. Faced with an armed confrontation with China along the line of actual control backed by rising yields in the 10-year bond, which hovers at 5.945% today, a deterrent for attracting foreign capital, risks within India are multifaceted and multidimensional. A rise in COVID-19 cases creates problems for patients suffering from other diseases since those affected with underlying conditions, including diabetes and hypertension, are more susceptible to die than others, keeping other factors constant.

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