School parent tests positive to COVID-19

A parent of a child who attends John XXIII College has tested positive to COVID-19, and an aged care facility is in lockdown after an employee returned to work following overseas travel and was later diagnosed with the virus. 

The family of the John XXIII College parent is now in self-isolation and the school remains open. 

In a statement sent to parents this afternoon, the college said it was taking measures to ensure the safety of students, staff and families and was following Catholic Education WA protocols. 

“This development may make your child feel worried or anxious,” the statement said. 

“It is important to remember that you can help your child at this time, first by listening attentively to their concerns, and then by providing some reassurance.   

“As a Catholic College, it is important for us to show care and support for all members of our community.

“I ask that you pray for our community members who are now having to self-isolate, and thank you for your support at this time.” 

According to the BNiQ database, John XXIII College is ranked as the 11th largest school in Western Australia with 1,558 students. 

Meanwhile, an employee from a WA aged care

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Coronavirus may spark global recession; worst since 2001: Morgan Stanley

Global economy is likely to slip into a triggered by the fast-spreading (COVID-19) with growth dipping to 0.9 per cent year-on-year (YoY) in 2020, said analysts at in a recent report. The global recession, they said, will be deeper than seen in 2001.

“Assuming this outlook of Covid-19, we expect 2020 global growth to dip to 0.9 per cent, the lowest since the global financial crisis (GFC). The global this year would be deeper than in 2001. We expect global growth to contract by 0.3 per cent in the first quarter (January – March) of 2020 (Q1-20) and 0.6 per cent in 2Q20,” wrote Chetan Ahya, chief economist and global head of economics at in a co-authored report with Derrick Y Kam, Nora Wassermann and Frank Zhao.

ALSO READ: Coronavirus LIVE: Mumbai public transport to stay open; India cases rise

Though the policy response from global central banks will help limit the downside, the impact of the virus and tighter financial conditions, believes, will still produce significant shock waves in the global economy.

Those at BofA Securities, too, echo a similar view.

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Mahindra Ecole students develop district-wise tracker for Covid-19 cases

Ecole Centrale College of Engineering(MEC) students have developed a live district-wise tracker for Covid-19 cases in India. The date for tracker is obtained from credible sources including Ministry of Health and reputed outlets, according to the developers.

This is probably the only district-wise tracker ( in existence and is expected to prove helpful for people travelling in the country by avoiding virus-prone zones, claim Raghav NS, Ananta Srikar, Rishab Ramanathan, Rohith Gilla, Anchit Sharma and V Meghana Reddy, the students of MEC who have created the website. A dedicated team of students has been assigned to pull out data from relevant sources and update the map on the tracker after thorough cross-checking and verification.

This application can also be installed as a web-app on any smart phone. Educational Institutions, the wholly owned subsidiary of Group’s IT venture collaborated with Ecole Centrale Paris in 2014 to establish MEC collocated with the Technology Park in Hyderabad.

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Top 5 best SIP plans for FY 2018-19 in India

If you’re serious about building a huge corpus to meet your future financial goals, you will NEED to carefully select and invest your hard-earned money in the best SIP plans available. 

We’re sure you’re wondering: 

Why SIP Investment?

Here’s your answer: After demonetization,SIP investments Plans have emerged as the less risky investment instruments that provide capital security by hedging the risk of inflation. No wonder, SIP investment has become the go-to investment instrument for investors who want to generate attractive returns, without risking their capital investment.

And that’s not all: some of the best SIP plans have consistently generated annual returns of approximately 20% for the last two decades.

No wonder: A report by AMFI revealed that the Mutual Fund industry added an average of 10.07 lacs SIP accounts each month, with average SIP size of around ₹3,200 per SIP account in FY 2018-19. 

But here’s the deal: There are hundreds of SIP plans available in the market and taking the best pick remains a cumbersome task even for the most seasoned of investors. 

In this post, we will present to you the best SIP plans in India for FY2018-19 to help you take the best pick. 

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