MUMBAI : Market regulator Sebi’s new framework which enables trading in defaulted debt is likely to create a distressed bond market in India potentially allowing asset management companies among others to return money to investors faster, said industry experts.

While there is a market for stressed bank loans in India, where several large global distressed funds and Asset Reconstruction Companies ( ARCs) are active, industry experts maintain that the move to allow trading of default category debt papers and bonds will allow sellers such as mutual funds to exit exposures faster to return money to investors.“This is an attempt to create liquidity for securities that at present would be rendered illiquid in case of a default.

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Pennsylvania county halts on-site alcohol consumption amid virus spike

PITTSBURGH - Officials in western Pennsylvania's Allegheny County are halting all on-site consumption of alcohol in bars and restaurants due to what they call an “alarming" spike in COVID-19 cases.County Executive Rich Fitzgerald and Dr. Debra Bogen, the county health department director, said the recent spike has been largely among young people and involved out-of-state travel, often including night life during travel, and going to local bars and restaurants.Under the order to go into effect at 5 p.m.

county Allegheny state Pennsylvania county Rich virus covid-19 travelers

US could see large uptick of COVID-19 deaths in July, new models show

University of Washington’s Institute for Health Metrics and Evaluation found that if the nation continues to see an elevated infection rate, the US could see an increase of COVID-19 deaths in a range between 159,497 and 213,715.The use of face masks could save 33,000 lives as the pandemic continues, Poynter reported, nearly as many lives that are lost in traffic crashes each year.[CORONAVIRUS BRIEFING: Daily ClickOrlando.com newsletter delivered to your inbox] Florida continues to see high numbers of newly reported COVID-19 cases, with daily totals far surpassing the numbers of cases seen when the state first shut down in March.

Usa state Florida Washington covid-19 death infection Coronavirus

Coverage about COVID-19 in Facilities

USA Today (6/25, Nadolny, Kwiatkowski) reports the long-term care industry “has scrambled to contend with mounting costs” amid the COVID-19 pandemic, with many seeking to pass these expenses on to residents.

Usa state Pennsylvania covid-19 testing Coronavirus

Joseph DeAngelo expected to plead guilty as Golden State Killer

SACRAMENTO, Calif. - Forty years after a sadistic suburban rapist terrorized California in what investigators later realized were a series of linked assaults and slayings, a 74-year-old former police officer is expected to plead guilty Monday to being the elusive Golden State Killer.The deal will spare Joseph James DeAngelo Jr. any chance of the death penalty for 13 murders and 13 kidnapping-related charges spanning six counties.

state California city Sacramento state Golden death DNA mask Coronavirus

Gov. Newsom orders bars to close in several California counties as coronavirus cases rise

PLACENTIA, CA - MAY 16: Bartender Brianna Van De Mortel fills a growler with craft beer at Kelly's Korner on Saturday, May 16, 2020 in Placentia, CA. (Brian van der Brug / Los Angeles Times via Getty Images) LOS ANGELES - Gov.

Gavin Newsom Los Angeles state California county Contra Costa county Santa Clara county Los Angeles county Santa Barbara Sacramento county Kings county Riverside county Imperial county San Bernardino county San Joaquin county Kern county Fresno county Ventura county Stanislaus hospital covid-19 Coronavirus

Patriots owner's prostitution case heads to appellate court

New England Patriots owner Robert Kraft with the Vince Lombardi Trophy during the Victory Parade through the streets of Boston on February 5, 2019, in Boston, Massachusetts to celebrate winning Super Bowl LIII. (Photo by Richard Cashin/Icon Sportswir FORT LAUDERDALE, Fla. (AP) - Prosecutors charging New England Patriots owner Robert Kraft with twice buying sex from massage parlor prostitutes will attempt to save their case this week by arguing to an appeals court that his rights weren't violated when police secretly video-recorded him in the act.Prosecutors will tell the Florida Fourth District Court of Appeal during an online hearing Tuesday that a county judge erred when he invalidated the January 2019 search warrant allowing police to

Robert Kraft state Florida state Massachusets city Boston, state Massachusets county Lauderdale city Fort Lauderdale, state Florida bill

More Florida beaches announce closures as virus cases rise

MIAMI – Officials are announcing more beaches will be closing again in Florida to avoid further spread of the new coronavirus as they try to tamp down on large gatherings amid a spike in confirmed COVID-19 cases.Florida Gov. Ron DeSantis said at a news conference Sunday in Pensacola that interactions among young people are driving the surge in confirmed cases.

Ron Desantis state Florida county Broward county Palm Beach city Fort Lauderdale county Lauderdale county Miami-Dade city Pensacola virus covid-19 Coronavirus

Couple draw guns at crowd heading to St. Louis mayor's home

ST. LOUIS (AP) - A white couple pointed guns at protesters in St.

state Missouri county St. Louis

COVID-19 damages lungs of asymptomatic and most severe patients alike, medical examiner says

LARGO, Fla. - The medical examiner for Pinellas and Pasco County has a warning for people not taking this pandemic seriously.“This isn’t the flu this isn’t anything we know,” Dr. Jon Thogmartin told Pinellas commissioners earlier this week.Dr.

state Florida county Pasco virus covid-19 pandemic patient

Trump denies briefing about reported bounties on US troops

President Donald Trump arrives at a campaign rally at the BOK Center in Tulsa, Oklahoma on June 20, 2020. (Photo by Win McNamee/Getty Images) WASHINGTON (AP) - President Donald Trump has denied he was made aware of U.S.

Donald Trump Usa Washington Russia Afghanistan state Oklahoma county Tulsa president 2020 information

Philadelphia officials "reevaluating" plans to move to Green Phase Friday

PHILADELPHIA - Philadelphia officials say they have begun to reevaluate plans to move into the Green Phase of reopening this Friday after what they anticipate will be a failure to reach the targets they laid out.Health Commissioner Dr. Thomas Farley joined Good Day Philadelphia on Monday morning where he explained that it "looks like we're not going to meet the targets that we had laid out to go to green."One of the biggest targets Dr.

Thomas Farley testing mask

Dad, 60, dies of coronavirus after 28 family members fall ill with deadly virus

A man has revealed how he and 27 of his family members were struck down with Covid-19, including his father who died of the deadly disease.

state California Los Angeles, state California virus covid-19 symptoms Coronavirus

Heat continues, rain chances coming back ahead of July Fourth

The heating trend continues across Central Florida Monday with little relief in sight.News 6 is pinpointing the tropics, as an area of showers and thunderstorms are associated with the tropical wave located over the central tropical Atlantic. The system only has a 10% chance of development within the next five days, as well as the next two days.

July Fourth state Florida

Black bear safely captured by game commission in Chester County

via Valley Township Police VALLEY TOWNSHIP, Pa. - Police in Valley Township say the Pennsylvania Game Commission was able to successfully and safely capture a black bear Monday night.The department announced the capture on Facebook on Tuesday morning, noting that the bear's "sweet tooth" for donuts helped lead to his capture."The PA Game Commission put out a trap baited with donuts. Seems our bear has a sweet tooth and at about 9:45 last night it walked into the cage where is was safely held," they wrote, " The bear was not harmed and no humans were injured, but the donuts didn't make it."Police say the bear was relocated "up north in a safer environment."Officials estimate the bear stood about five feet tall, weighing 250 pounds.

state Pennsylvania county Chester county Valley Department

Rapper Huey dead at 32 from a gunshot wound

FOX NEWS - Rapper Huey, best known for the track “Pop, Lock & Drop It,” was fatally shot Thursday in Missouri. He was 32.A spokesperson for the St.

Martin Luther state Missouri county St. Louis hospital information Department

New Jersey shopping malls can reopen at 50% capacity Monday

TRENTON, N.J. - Indoor portions of retail shopping malls across the state of New Jersey will reopen Monday with new guidelines in place.As stores reopen shoppers will be required to wear masks and businesses will be limited to 50% capacity in order to mitigate further spread of the coronavirus.Not everything at these malls will be able to fully reopen as theaters and arcades remain closed and restaurants inside malls are limited to takeout or outdoor dining only.

state New Jersey guidelines mask

Patriots owner’s prostitution case heads to appellate court

FORT LAUDERDALE, Fla. – Prosecutors charging New England Patriots owner Robert Kraft with twice buying sex from massage parlor prostitutes will attempt to save their case this week by arguing to an appeals court that his rights weren't violated when police secretly video-recorded him in the act.Prosecutors will tell the Florida Fourth District Court of Appeal during an online hearing Tuesday that a county judge erred when he invalidated the January 2019 search warrant allowing police to install secret cameras at Orchids of Asia spa as part of an alleged sex trafficking investigation.The judge said the warrant didn’t sufficiently protect the privacy of innocent customers who received legal massages, and he barred the videos’ use at trial as

Robert Kraft state Florida county Lauderdale city Fort Lauderdale, state Florida bill

Miami police officer strikes 2 cyclists with car, kills 1

MIAMI – A Florida police officer has struck two cyclists while on duty, killing one and injuring the other, authorities said.A news release from the Miami-Dade Police Department said one of its officers was driving on the access road to the water and sewer department facility of the county on Sunday when the two cyclists were struck.Paramedics from several agencies responded to the scene before the cyclists were taken to Miami’s largest hospital, where one of them died.

state Florida county Miami-Dade hospital Department

GMB's Piers Morgan shut down by Keir Starmer in awkward GMB coronavirus chat

Good Morning Britain presenter Piers Morgan was shut down by Labour Party leader Sir Keir Starmer on Monday's edition of the ITV breakfast show.

Boris Johnson Susanna Reid Piers Morgan Keir Starmer Mr Johnson Britain Government crisis GMB Coronavirus

Mississippi lawmakers vote to remove rebel emblem from flag

Usa state Mississippi guidelines stars bill

Novelist Patchett has Nashville bookstore customers swooning

NASHVILLE, Tenn. – The Nashville bookstore that opened and thrived while others were closing their doors is once again defying the odds, thanks, in part, to its famous novelist co-owner. Throughout the pandemic, Ann Patchett has appeared on the Parnassus Books Instagram account, often in a ball gown or cocktail dress (because, as she says, "the alternative was staying in yoga pants for the rest of my life”), to offer charming and compelling book recommendations.

state Tennessee city Nashville, state Tennessee recommendations testing 2020 pandemic

68% rural healthcare providers have no formal training; southern states have better quality of doctors: Study

Social Science & Medicine journal. The study stated that 68% of healthcare providers in rural India have no formal training.

city New Delhi Usa India state California county Centre city Georgetown information doctor

California shuts down bars over fears drinkers are spreading coronavirus

Bars and pubs have been ordered to close in some parts of California over fears that drinkers are inadvertently spreading coronavirus.

Gavin Newsom Usa Los Angeles state California state Florida state Texas outbreak mask Coronavirus

Country singer Chase Rice defies coronavirus spike to play packed Tennessee show

Chase Rice has defied a new coronavirus spike in the US to play a show for thousands of fans in Tennessee, with some appearing to ignore social distancing guidelines. Rice performed for fans on Saturday night (June 27) at the Brushy Mountain State Penitentiary, a former prison which has been converted into an event centre.Despite social distancing guidelines being in place, videos posted on Rice’s Instagram story showed fans packed tightly into the venue, without wearing face masks.

Chase Rice Usa state Tennessee Coronavirus

What Would Have Been: World Series rematch at MLB midpoint

the Nationals won every game at Minute Maid Park, with Howie Kendrick's two-run homer in the seventh inning of Game 7 putting them ahead to stay. The two teams have played each other this year, in spring training games at the complex they share in West Palm Beach, Florida, before MLB shut down all camps in mid-March.

New York state Florida county Palm Beach Washington city Atlanta state Texas city West Palm Beach, state Florida

Calgary golfer rescues boy from drowning in Sheep River

A Calgary golfer is being credited with saving a seven-year-old boy in the Sheep River south of the city on Friday. Carolyn Kury de Castillo reports.

Carolyn Kury De-Castillo

Kelsea Ballerini calls out Chase Rice for 'being selfish enough' to hold a concert amid COVID-19

While most of the country remains on lockdown due to the COVID-19 pandemic, country singer Chase Rice held a concert for 4,000 people on Saturday, which lead Kelsea Ballerini to call him out.Rice, 34, held a show on Saturday night for over 4,000 fans in Petros, Tennessee, the first of 12 planned shows throughout several Southern states spanning until mid-September.When video of the concert surfaced from Rice's own Instagram story, showing thousands of fans crammed together with no masks or social distancing, Ballerini, 26, took to Twitter on Sunday to call out Rice for his 'selfish' acts.

Chase Rice state Tennessee covid-19 pandemic guidelines mask

The 2020 BET Awards Set a Bar for Award Shows in the COVID-19 Era

Megan Thee Stallion delivered a Mad Max-inspired mini-movie in the desert replete with off-road vehicles, and a tiered stage made of scaffolding. Wayne Brady tapped into the late Little Richard's fabulous flamboyance with a booty-shaking tribute inside what looked like a modernist California mansion. Jennifer Hudson took viewers to church with a knockout performance of "Young, Gifted and Black," in a stark white studio. Every performance looked unique in a way that's impossible to achieve inside one of the auditoriums such shows usually take place in, and yet it all felt cohesive. Here Are All the Winners of the 2020 BET AwardsHost Amanda Seales held the show together in a way that showcased her formidable talents.

Wayne Brady Amanda Seales Jennifer Hudson state California covid-19 2020 stars self-isolation

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Gov. Gavin Newsom Orders Bars to Close in L.A., 6 Other Counties Due to Coronavirus Spread

California Governor Gavin Newsom has ordered the closing of bars in six counties, including Los Angeles, due to the rising spread of COVID-19. Newsom announced the new order on TwitterSunday,listing Fresno, Imperial, Kern, Kings, L.A., San Joaquin and Tulare as counties required to close bars.

Gavin Newsom Los Angeles state California county Contra Costa county Santa Clara county Santa Barbara Sacramento county Kings county Riverside county Imperial county San Bernardino county San Joaquin county Kern county Fresno county Ventura county Stanislaus county Tulare virus covid-19 Coronavirus

Busy pub shut down after more than 80 customers infected with coronavirus

the Detroit Free Press reports. Now 80 people who visited the venue between June 12 and June 22 have tested positive for Covid-19, sparking a desperate attempt to prevent them spreading the virus further.Health officials are now ordering anyone who visited the pub between these dates to self-quarantine for two weeks, amid fears of a spate of secondary infections originating from Harper's.

city Detroit testing prevention infection Coronavirus

South Korea’s capital eyes stronger restrictions as coronavirus cases climb

South Korea has reported 42 new infections of COVID-19 as infections steadily climb in the greater capital area, forcing authorities to consider stronger social restrictions.The figures announced by the Korea Centers for Disease Control and Prevention on Monday brought the national caseload to 12,757, including 282 deaths.Twenty-four of the new cases were reported from capital Seoul and nearby metropolitan areas, which have been at the centre of a virus resurgence since late May. At least 12 of the new cases were linked to international arrivals as the virus continues to strengthen its hold elsewhere around the world.

China South Korea Australia Canada city Seoul Coronavirus

Fans Pack Tennessee Venue To See Country Music Star Chase Rice Perform Amid Pandemic…

So much for social distancing, y’all…

state Tennessee pandemic mask stars Coronavirus

Kelsea Ballerini Calls Out 'Selfish' Chase Rice for Putting Fans' 'Health at Risk' With Live Show

Kelsea Ballerini is putting fellow country singer Chase Rice on blast for putting on a regular concert, without masks or social distancing enforced, in the middle of a global pandemic.

Chase Rice state Tennessee covid-19 pandemic mask

Florida on track to become the next U.S. COVID-19 epicentre

New cases of COVID-19 continue to surge across the U.S., with over 30 states seeing an increase in new cases. There are fears Florida could become the country’s next epicentre.

state Florida covid-19 track

Saudi Arabia limits number of pilgrims ahead of Hajj

There was disappointing but expected news for millions of Muslims around the world this week, as Saudi Arabia banned foreign travellers from entering the country because of the COVID-19 pandemic. As Redmond Shannon reports, that’s throwing a wrench into the plans of many worshippers hoping to make the trip to the holy city of Mecca.

Saudi Arabia city Redmond, county Shannon county Shannon covid-19 pandemic travelers

Coronavirus: ‘Be kind. Be calm. Be safe:’ Dr. Bonnie Henry, a beacon of hope during the pandemic

Dawna Friesen catches up with B.C. provincial health officer Dr.

Bonnie Henry covid-19 pandemic Coronavirus

Officials warn coronavirus pandemic could worsen as global death toll hits 500,000

coronavirus milestones Sunday — 500,000 confirmed deaths, 10 million confirmed cases — and hit another high mark for daily new infections as governments that attempted reopenings continued to backtrack and warn that worse news could be yet to come.“COVID-19 has taken a very swift and very dangerous turn in Texas over just the past few weeks,” said Gov. Greg Abbott, who allowed businesses to start reopening in early May but on Friday shut down bars and limited restaurant dining amid a spike in cases.California Gov.

Gavin Newsom Greg Abbott Los Angeles state California state Texas covid-19 Coronavirus

Canadians living in U.S. hunker down as coronavirus cases surge

COVID-19 cases surging in the United States, Canadians living in the country are hunkering down and find themselves thinking a bit more about home these days.Some people who spoke with The Canadian Press from the hardest-hit areas said they were surprised by the speed at which their respective states reopened, while others said the situation was overblown.All are trying to maintain physical distancing and wear masks when they do go out.

Usa state Texas county Canadian city Houston Immigration Florida Coronavirus

NBA plans to let players show social-justice messages on jerseys

NBA Commissioner Adam Silver speaks to the media during a press conference at the United Center on February 15, 2020 in Chicago, Illinois.

Adam Silver city Chicago, state Illinois state Illinois city Orlando 2020 pandemic ESPN Coronavirus

For 3rd day in a row, U.S. coronavirus cases surge by more than 40,000

coronavirus cases since the start of the pandemic.Governor Gavin Newsom’s order for bars to close in seven counties, including Los Angeles, is the first major rollback of efforts to reopen the economy in the most populous U.S. state.

Donald Trump Gavin Newsom Los Angeles state Florida state Texas California

Gavin Newsom Orders LA Bars to Shut Down Again Amid Rising Coronavirus Cases

Gavin Newsom is shutting down all bars in several counties in California amid climbing coronavirus cases.

Man charged with 16 traffic violations after leading police on chase through Wilmington

WILMINGTON, Del. - Authorities in Delaware say a 21-year-old driver racked up 16 traffic violations after he and a passenger lead police on a chase through Wilmington on Saturday night.Police say Maliq A. Rollins was behind the wheel of a black sedan that sped past a police vehicle monitoring reports of drag racing near Naamans Road around 10 p.m.MORE: DELAWAREAccording to police, Rollins and a 20-year-old passenger failed to stop for police and nearly caused several accidents during the chase.

state Delaware city Wilmington, state Delaware

Newsom orders bars to close throughout cities in California as coronavirus cases rise

PLACENTIA, CA - MAY 16: Bartender Brianna Van De Mortel fills a growler with craft beer at Kelly's Korner on Saturday, May 16, 2020 in Placentia, CA. The sports bar is effectively grounded as the pandemic shutdowns affecting all restaurants limit the LOS ANGELES - Gov.

Los Angeles state California hospital covid-19 Coronavirus

President Trump tweets video with 'white power' chant, then deletes it

(Official White House Photo by Andrea Hanks) WASHINGTON (AP) - President Donald Trump on Sunday tweeted approvingly of a video showing one of his supporters chanting “white power," a racist slogan associated with white supremacists. He later deleted the tweet and the White House said the president had not heard “the one statement” on the video.The video appeared to have been taken at The Villages, a Florida retirement community, and showed dueling demonstrations between Trump supporters and opponents.“Thank you to the great people of The Villages,” Trump tweeted.

Donald Trump Andrea Hanks state Florida Washington city The Village president death

Experts recommend following these guidelines for a safe beach trip amid COVID-19 pandemic

experts guidelines mask

Man, 31, dies in firework accident in Scranton

SCRANTON, Pa. - Authorities say a man was killed in a fireworks accident in northeastern Pennsylvania over the weekend.The Lackawanna County coroner said 31-year-old Corey Buckley died in an explosion shortly before 2 p.m. Saturday in Scranton.Coroner Tim Rowland said he was killed instantly when the commercial-grade firework he was attempting to deploy exploded.

state Pennsylvania city Scranton, state Pennsylvania county Lackawanna death

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Sebi’s move to allow ‘defaulted’ debt trading a shot in arm for mutual funds

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