Tag: India

Russia’s Sputnik vaccine approved for emergency use against Covid-19 in India: Health Ministry

NEW DELHI: India’s drug regulator has granted permission for restricted emergency use of the Russian COVID-19 vaccine Sputnik V with certain conditions, the Union Health Ministry announced on Tuesday, while stating that Dr Reddy’s Laboratories will import the vaccine for use in the country. The approval by the Drugs Controller General of India (DCGI) paves […]

Imposing sanctions on India would be victory for Russia: Republican Senator

WASHINGTON: A top Republican Senator has said that imposing CAATSA sanctions on India for buying the multi-billion-dollar S-400 missile system from Russia would be a geostrategic victory for Moscow. Senator Todd Young, a member of the Senate Foreign Relations Committee, wrote in the Foreign Policy magazine that if the Joe Biden administration imposes sanctions on […]

India approves Sputnik V vaccine against Covid-19, to produce 850 million doses annually: RDIF

NEW DELHI: The Russian Direct Investment Fund (RDIF) has said that India has become the 60th country to approve the use of Sputnik V against coronavirus and more than 850 million doses of the vaccine are going to be produced in the country annually. The Drug Controller General of India (DCGI) has registered the vaccine […]

Vedanta Resources says contributed over Rs 34,000 crore to Indian exchequer in FY20

NEW DELHI: Diversified natural resources firm Vedanta Resources has said it contributed USD 4.66 billion (Rs 34,018 crore) to the public exchequer in India during the 2019-20 fiscal. Its overall contributions to public exchequers of various countries stood at USD 4.7 billion (Rs 34,310 crore) during the fiscal year, Vedanta Resources said in its latest […]

Pakistan’s textile industry upset on move to not import cotton from India

KARACHI: Pakistan’s struggling textile industry has voiced its disappointment after the Imran Khan government rejected a proposal to import cotton from India, the world’s biggest producer, saying it is the need of the hour to avoid a massive slump in the country’s exports. The Cabinet headed by Prime Minister Khan on Thursday rejected the proposal […]

Franklin Templeton Mutual Fund has no plans to exit its operations in India

NEW DELHI: Franklin Templeton Mutual Fund on Friday said its commitment to India remains ‘steadfast’ and the fund house has no plans to exit its operations in the country. This comes following media reports suggesting intervention by the fund house’s US-headquartered parent seeking the diplomatic route for a “just and fair” hearing by market regulator […]

Total grant of Rs. 60,750 crore for rural and Rs. 26,710 crore for urban local bodies released in 2020-21

NEW DELHI: The Department of Expenditure, Ministry of Finance on Wednesday released an amount of Rs. 4,608 crore to States for providing grant-in-aid to the local bodies.  The grants are both for the Rural Local Bodies (RLBs) and Urban Local Bodies (ULBs). Out of this, RLBs will get Rs. 2,660 crore and ULBs will get […]

India, South Korea agree on joint production, export of military hardware

NEW DELHI: In a significant move, India and South Korea have agreed to go for joint production and export of military hardware, enhance intelligence sharing and boost cooperation in cyber and space domains as part overall expansion of defence and security ties, official sources said on Sunday. The decisions were taken during delegation-level talks between […]

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