1. PM Modi warns CMs of emerging 'second peak' of Covid, calls for 'decisive steps' At his meeting with chief ministers, Prime Minister Narendra Modi on Wednesday expressed concern over rising coronavirus cases in the some states and called for "quick and decisive steps". "India's fight against Covid is being cited as an example in world, our recovery rate is over 96% and fatality rate among the lowest," Modi told chief ministers. 2. Govt favours retaining RBI's 2%-6% inflation band: Report India’s government is likely to leave the inflation targeting band for its central bank unchanged, according to people familiar with the matter, while policy makers remain focused on rising prices amid the rebound from the pandemic.