India is one of the largest vaccine manufacturers globally by volume and provides 70 percent of UNICEF’s requirement. Various Indian players are at the forefront of the COVID-19 vaccine development and India is also attractive for clinical trials due to the incidence of myriad diseases, cheaper healthcare services, and favourable regulations. This completes India’s bouquet of offerings for vaccine developers and manufacturers. So, does this put India in an advantageous position? Will India play a key role in global vaccination? And is India ahead of the world in efforts to end COVID-19? … [Read more...] about 3-Point Analysis | Why does India have upper hand in global vaccine plan?
Dow plunges 1000 points
Oil prices fell about 1% on Tuesday after rising earlier in the session as hopes dimmed for a swift stimulus resolution. Brent crude futures fell 49 cents, or 1.1%, to settle at $44.50 a barrel. U.S. West Texas Intermediate (WTI) crude futures fell 33 cents, or 0.8%, to finish at $41.61 a barrel. … [Read more...] about Asian markets set for mixed trade amid US stimulus wrangling
Ray Attrill, Head of FX Strategy at National Australia Bank in Sydney, said that “the improvement in risk sentiment has carried the day” for the Aussie after initially being dragged lower by negative news out of New Zealand and second quarter wage data. … [Read more...] about Asian stocks set to track Wall Street’s defiant rally
Imagine for a moment if Adam Silver, the forward-thinking commissioner of the NBA, took over the NFL. How would he look at a 2020 season impaired by the coronavirus? If history is any indication, he’d embrace the crisis as a way to test out new ideas, to start implementing reforms, to experiment with new revenue strategies. He’d leverage public consciousness about social distancing to reduce contact and make the game safer. He’d take advantage of the Washington football naming debacle to start a public conversation and elevate the league’s image. … [Read more...] about The NFL is dying. Could the coronavirus save it?
Fourthly, the difficulty regulators face related to severe limitation of sources of data. For example, detecting insider trading increasingly requires trawling through social media. Given the prolific content, searching for connections in virtual space turns into a hunt for the proverbial needle in the haystack. Establishing connections in the volume of financial data is important to central banks for understanding systemic risk. … [Read more...] about Rethinking internal regulatory architecture