S&P forecasts 11% growth for India this fiscal, flags impact of Covid-19 lockdowns
NEW DELHI: S&P Global Ratings on Thursday said the Indian economy is projected to grow at 11 per cent in the current fiscal, but flagged the “substantial” impact of broader lockdowns on the economy. In its report on Asia-Pacific Financial Institutions, S&P said the control of COVID-19 remains a key risk for the economy. New […]
Lenders to withdraw debt recast if Future-RIL deal goes through: Report
NEW DELHI: Lenders to Kishore Biyani’s Future Group will withdraw the just-approved debt recast plan that offered easier repayment options, if the troubled retailer’s Rs 24,713 crore asset sale to Reliance Industries Ltd (RIL) goes through in a reasonable time frame, sources said. Lenders of Future Retail last week agreed to extend repayment of loans […]
Covid-19: Phase 3 vaccine registration for all adults to start from April 28 in India
NEW DELHI: Registration for vaccination against COVID-19 for all those aged above 18 will begin on the CoWIN platform and Aarogya Setu app from April 28, officials said on Thursday. The inoculation process and documents to be submitted to get the jab remains the same. The central government had announced that the vaccination for those above […]
State governments are free to procure Covid-19 vaccine doses from vaccine manufacturers
NEW DELHI: There have been some media reports suggesting that Serum Institute of India (SII) has contracted all its production till 25th May 2021 to the Narendra Modi government (Centre), and therefore till that date the State governments will not be able to procure vaccine from SII. These media reports are based on incorrect facts […]
Narendra Modi holds a high level meeting on oxygen supply and availability
NEW DELHI: Prime Minister (PM) Narendra Modi chaired a high-level meeting to review the oxygen supply across the country and discuss ways and means to boost its availability. The officials briefed him on the efforts undertaken in the last few weeks to improve the supply of oxygen. PM spoke about the need to work rapidly […]