Day: December 28, 2020

Vaccinators line up as Oxford/AstraZeneca jab on brink of approval in UK

By Aditi Khanna LONDON: The UK’s National Health Service is lining up thousands of medics and volunteers on Monday to be ready to deliver jabs up and down the country as the Oxford University vaccine against COVID-19 is on the brink of getting regulatory approval. The vaccine, which is being produced by bio-pharmaceutical giant AstraZeneca […]

China denies seeking additional guarantees for USD 6 billion loan for rail project in Pakistan

By K J M Varma BEIJING: China on Monday termed as baseless the reports that it has sought additional guarantees from Pakistan for sanctioning a whopping USD 6-billion loan for a railway line project and backing away from its initial financial commitments to the multi-billion dollars China-Pakistan Economic Corridor due to weakening financial position of […]

2021 will witness lot of regulatory efforts channelled towards virtual assets: SBI official

NEW DELHI: The use of crowdfunding websites create additional risk and the year 2021 will see a lot of regulatory effort channelled towards virtual assets, a senior SBI official said on Monday. Addressing a virtual ‘AML/CFT Conference 2020′, Sujit Kumar Varma, SBI’s Deputy Managing Director (Corporate Accounts Group) said that the trade-based money laundering remains […]

Donald Trump signs Tibet policy to preempt Chinese move on Dalai Lama’s succession; China firmly opposes

By Lalit K Jha and K J M Varma WASHINGTON/BEIJING: US President Donald Trump has signed into law a bill that reaffirms the right of Tibetans to choose a successor to the Dalai Lama and calls for establishing an American consulate in Tibet, prompting China to warn that the act will seriously disrupt and hurt […]

L&T plans to hire 1,100 engineers across business verticals in 2021

NEW DELHI: Engineering and construction conglomerate Larsen & Toubro (L&T) is looking to recruit close to 1,100 graduate and post graduate engineer trainees in 2021 and deploy them across various business verticals, a top company official has said. The company, through its ongoing virtual hiring process, has already made around 250 offers in the recent […]

Donald Trump signs $900 billion Covid-19 pandemic relief package

WEST PALM BEACH:President Donald Trump has signed a $900 billion pandemic relief package, ending days of drama over his refusal to accept the bipartisan deal that will deliver long-sought cash to businesses and individuals and avert a federal government shutdown. The massive bill includes $1.4 trillion to fund government agencies through September and contains other […]

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