Daily News Monitor: 26 May 2020

HEADLINES:

1. WHO suspends clinical trials of hydroxychloroquine for Covid-19 treatment

2. India has surplus capacity, may allow export of masks in a week: Sources

3. India, Israel plan to jointly develop rapid testing tools for covid-19

4. India overtakes China in fintech funding in Q1

5. COVID-19: Indian-American couple develops low-cost ventilator

6. Uber trims a quarter of its India workforce, lays off 600 employees

7. India First Quarter GDP Growth Likely to be Weakest Since 2012: Reuters Poll

8. Govt selects 10 Indian startups to develop Zoom rival

9. Nearly half of travel, tourism firms staring at complete shutdown risk in next 3-6 months; resumption of flights revive hopes: Report

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