Tue, 29 Sep 2020

NEW DELHI -- India's COVID-19 tally rose to 4,930,236 and the death toll surged to 80,776, according to the latest data released by the federal health ministry on Tuesday.

There are 3,859,399 people who were successfully cured and discharged from hospitals. (India-COVID-19-Tally)

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MANILA -- India's GDP growth for fiscal year (FY) 2020-2021 is forecast to contract by 9.0 percent as the COVID-19 pandemic weighs heavily on economic activity and consumer sentiment in the country, according to a new report by the Asian Development Bank (ADB) released on Tuesday.

In its Asian Development Outlook (ADO) 2020 Update, ADB forecast a strong recovery for the economy in FY2021, with GDP to grow by 8.0 percent as mobility and business activities resume more widely. (Philippines-India-GDP growth)

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MANILA -- The Philippine economy is forecast to contract by 7.3 percent in 2020 amid the COVID-19 pandemic before growth returns to 6.5 percent in 2021, according to a new report from the Asian Development Bank (ADB) released on Tuesday.

The forecasts are within the Philippine central bank's target range of 2.0 percent to 4.0 percent, with monetary policy likely to continue to help the economy's rebound from the pandemic. (The Philippines-Economy)

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KABUL -- Afghan political experts have described the U.S.-led war on terror in Afghanistan as a failure.

Aimed at dethroning the Taliban regime, demolishing al-Qaida and associated groups and bringing about peace and stability in Afghanistan, the U.S.-led Operation Enduring Freedom, launched on Oct. 7, 2001 in Afghanistan, has yet to achieve its goals, said the expert. (Afghanistan-War on Terror)

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