CEOs of 40 US companies create global task force to help India fight Covid-19
NEW DELHI: In a show of solidarity, CEOs of some 40 top American companies have come together to create a global task force to mobilise resources to help India fight the battle against COVID-19. A collective initiative of the US-India Business Council of the US Chambers of Commerce, and the US-India Strategic and Partnership Forum […]
India records biggest single-day spike with 352,991 fresh Covid-19 cases
NEW DELHI: With 3,52,991 people testing positive for coronavirus infection in a day, the highest so far, India’s total tally of COVID-19 cases has climbed to 1,73,13,163 while active cases have crossed the 28-lakh mark, according to the Union Health Ministry data updated on Monday. The death toll increased to1,95,123 with a record 2,812 new […]
Steel Sector produced 3474 MT of Liquid Medical Oxygen yesterday
NEW DELHI: Public Sector Undertakings, under the Ministry of Steel, and other Private companies in the steel sector, in this hour of need, are with the nation and continuing their best to supplement the efforts of the Government in making available Liquid Medical Oxygen (LMO). Total daily Oxygen production capacity of Steel plants is 2834 […]
Mutual Funds add 8.1 million investors account in FY21, experts hopeful of growth
NEW DELHI: The mutual fund industry added more than 81 lakh investor accounts in 2020-21, taking the total tally to 9.78 crore,and experts hope that the healthy growth in folios would continue in the ongoing fiscal also. The industry had added 72.89 lakh investor accounts in 2019-20, according to data from the Association of Mutual […]
Covid-19 impact: FPIs pull out Rs 7,622 cr from Indian markets in April
NEW DELHI: Overseas investors withdrew a net Rs 7,622 crore from Indian markets in April so far as a surge in COVID-19 cases and the consequent restrictions imposed by various states dent investors’ sentiment. According to the depositories data, overseas investors pulled out Rs 8,674 crore from equities, but invested Rs 1,052 crore in the […]
Rajnath Singh holds second meeting to review efforts of MoD and Armed Forces to fight current COVID-19 crisis
NEW DELHI: India’s Defence Minister (Raksha Mantri) Rajnath Singh reviewed the efforts of the Ministry of Defence and the three Services to fight the current COVID-19 crisis through video conferencing on April 24, 2021. The meeting was attended by Chief of Defence Staff General Bipin Rawat, Chief of Naval Staff Admiral Karambir Singh, Chief of […]
Narendra Modi government will continue to provide COVID-19 vaccine free to states
NEW DELHI: The Narendra Modi government’s (Government of India’s) procurement price of both the COVID-19 vaccines remains Rs 150 per dose and the Centre will continue to provide totally free to states, said the Ministry of Health and Family Welfare. Replying to Congress leader Jairam Ramesh, Ministry of Health said in a tweet “#Unite2FightCorona It […]
“Americans first”: US defends export ban on Covid-19 vaccine raw materials to India
WASHINGTON: Defending US’s restrictions on the export of key raw materials for the manufacture of COVID-19 vaccine that threatens to slow India’s vaccination drive, a senior State Department official has said the Biden administration’s first obligation is to take care of the requirements of the American people. When asked when the Biden administration would decide […]
Narendra Modi interacts with leading oxygen manufacturers across country
NEW DELHI: Prime Minister (PM) Narendra Modi held a meeting with leading oxygen manufacturers across the country via video conferencing. PM Modi said this time is not only to deal with the challenges, but also to provide solutions in a very short time. PM Modi stressed on the need to maintain good co-ordination between the […]
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 […]
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 […]
States to get Covishield vaccine at Rs 400, pvt hospitals at Rs 600 a dose
NEW DELHI: Covishield will be sold at Rs 400 per dose to the state government and Rs 600 to private hospitals, Serum Institute of India (SII) said on Wednesday. Covishield is known as AstraZeneca vaccine across the world. SII, an Indian biotechnology and pharmaceuticals company, issued a statement after the government allowed vaccination of all […]
Industries can wait for oxygen, not Covid-19 patients: Delhi High Court
NEW DELHI: The Delhi High Court Tuesday said sufficient oxygen was not being supplied to COVID-19 patients in the national capital and asked the Centre if it can be diverted from industries which can wait for now. “Industries can wait. Patients cannot. Human lives are at stake,” a bench of Justices Vipin Sanghi and Rekha […]
Modi government approves Rs 4,500 crore credit to Covid-19 vaccine makers Serum Institute of India, Bharat Biotech to ramp up production
NEW DELHI: Looking to ramp up supplies ahead of the opening of Covid-19 vaccination to all citizens over 18 years of age, the government has approved a payment of about Rs 4,500 crore as advance to vaccine makers like Serum Institute of India (SII) and Bharat Biotech against future supplies, sources said. SII will supply […]