The economy recovered well in August and is set for “escape velocity” from the pandemic, said the Reserve Bank of India in a bulletin. “As pandemic scars heal and supply conditions are restored with productivity gains, a sustained easing of core inflation can be expected,” it said.
A Covid outbreak inside the Kremlin has sickened dozens of people working close to Vladimir Putin, the Russian president said, highlighting the scale of the outbreak in one of the country’s most carefully guarded areas.
A third dose of the Pfizer-BioNTech SE vaccine can dramatically reduce rates of Covid-related illness in people 60 and older, according to data from a short-term study in Israel.