I doubt things will restart after July 31, but happy to be proven wrong. The reopening is extended by the DGCA every two weeks, kind like the rolling delay IC used to have every 15 minutes.

Some airlines are already flying to India under the 'bubble' arrangement, but staying under the radar without big announcements. The LH flights from DEL to FRA/MUC are going out with good loads, mostly connecting passengers to the US. All the US NRI/OCIs that got stuck in India for the lockdown want to be back in the US before DT cancels their visa