Covid-19 vaccine had robust immune response in Phase 1 trial: Bharat Biotech
NEW DELHI: The interim findings of phase 1 clinical trial of Covid-19 vaccine Covaxin, indigenously developed by Bharat Biotech in collaboration with the ICMR, showed that it was was well tolerated in all dose groups with no serious or adverse events. The vaccine induced robust binding and neutralising antibody responses which were comparable to those […]
India, NDB sign agreement for $1,000 million to provide support to Aatma Nirbhar Bharat Abhiyan
NEW DELHI: The government of India and the New Development Bank (NDB) today signed a loan agreement for lending $1,000 million for ‘supporting India’s economic recovery from COVID-19’ by supporting expenditures on rural infrastructure related to natural resource management (NRM) and rural employment generation under Government of India’s Mahatma Gandhi National Rural Employment Guarantee Scheme […]
India and World Bank sign $400 million project to protect India’s poor and vulnerable from the impact of COVID-19
NEW DELHI: The Government of India and the World Bank today signed a $400 million project to support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic. This is the second operation in a programmatic series of two. The first operation of $750 million was approved […]
95% police stations in India using CCTNS software
NEW DELHI: More than 95 per cent of the total 16,098 police stations across the country have been using the software facility Crime and Criminal Tracking Network and Systems (CCTNS), a mission mode modernisation project under the National e-Governance Plan (NeGP) of the Ministry of Home Affairs (MHA). Connectivity is available at 97 per cent […]
Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package with Secretaries
NEW DELHI: Prime Minister Narendra Modi had announced a special comprehensive economic package to fight the COVID-19 pandemic in India. He gave a clarion call for AatmaNirbhar Bharat Abhiyanor a Self-Reliant India Movement. The Prime Minister also outlined five pillars of AatmaNirbhar Bharat – Economy, Infrastructure, System, Vibrant Demography and Demand. Following the call of […]
What’s next for Pfizer’s COVID-19 vaccine after UK rollout
Britain began the mass-vaccination of its population against COVID-19 on Tuesday, becoming the first Western nation to do so in a global endeavour that poses one of the biggest logistical challenges in peacetime history. Margaret Keenan, a 90-year-old grandmother from Britain, became the first person in the world to receive the Pfizer vaccine outside of […]
India leader on renewables, natural partner for Britain: Jan Thompson
NEW DELHI: India is a leader on renewables and a natural partner for Britain in the shared mission to create a greener planet and enable a clean and resilient recovery from Covid-19, British Acting High Commissioner to India Jan Thompson said on Friday. In a statement on the eve of the Climate Ambition Summit, Thompson […]
Under Aatmanirbhar Bharat, Sweden and India complement each other
NEW DELHI: India’s Commerce and Industry Minister Piyush Goyal today said that India and Sweden should work together to build a more resilient & strong partnership. Speaking at the CEO Forum of India-Sweden strategic business partnership, he said that the year 2020 has been a challenging year, but let us convert this crisis into an […]
India signs MoU with Austria on technology cooperation in road infrastructure sector
NEW DELHI: India’s Ministry of Road Transport and Highways signed a Memorandum of Understanding (MoU) with the Federal Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology of the Republic of Austria on Technology Cooperation in the Road Infrastructure Sectorhere today. The MoU aims to create an effective framework for bilateral cooperation in the […]
India’s weapons procurement from the US jumps to $ 3.4 billion in 2020
By Lalit K Jha WASHINGTON: India’s weapons procurement from the United States (US) jumped from a meagre USD 6.2 million to a whopping USD 3.4 billion in the final year of the Donald Trump’s administration, according to official data. As per the data released by the Defense Security Cooperation Agency (DSCA), the jump in the […]
Fitch raises India’s FY21 GDP forecast to (-) 9.4%
NEW DELHI: Global credit rating agency Fitch on Tuesday raised its FY21 GDP growth forecast for India by predicting a narrower economic contraction of (-) 9.4 per cent from an earlier predicted fall of (-) 10.5 per cent. “We now expect GDP to contract 9.4 per cent in fiscal year to end March 2021, followed […]
India issues guidelines for floating jetties along coastline
NEW DELHI:India’s Ports, Shipping and Waterways Ministry has compiled the draft guidelines for technical specifications of floating structures, with a vision to set up and deploy world-class floating infrastructure all along the coastline. The draft guidelines have been put up for public comments. Floating structures, because of their inherent advantages, are an attractive solution and […]
Nokia starts production of next generation 5G equipment in India
NEW DELHI: Telecom gear maker Nokia on Tuesday said it has started production of 5G equipment in India and the equipment are being shipped to countries that are in advanced stages of deploying the next generation technology. The roll out of 5G services in India is dependent on spectrum auction as telecom operators need suitable […]
Zydus announces Phase I trials of ZYIL1
NEW DELHI: Ahmedabad- based pharmaceutical company Zydus has announced that it has received permission to initiate the Phase 1 clinical trial of ZYIL1, a novel oral small molecule NLRP3 inhibitor candidate. NLRP3 inflammasomes are involved in the inflammation process by production and release of pro-inflammatory cytokines IL-1β and IL-18. This harmful inflammation within the body […]
Zydus receives approval from DCGI to commence Phase III clinical trials with Pegylated Interferon alpha-2b in India
NEW DELHI: Zydus Cadila has announced that it had received an approval from the Drugs Controller General of India (DCGI) to start the Phase 3 clinical trial in CoVID-19 patients with its biological therapy, Pegylated Interferon alpha-2b, ‘PegiHepTM’. The trials which will commence in December will be conducted on 250 patients across 20-25 centres in […]
Inflation likely to remain elevated, Q3 CPI seen at 6.8%
MUMBAI: As India battles to break out of the Covid cloud and the severe setback inflicted by the pandemic on the economy, the Reserve Bank of India’s Monetary Policy Committee (MPC) expects inflation to remain high and the consumer price index (CPI) for the October-December quarter of FY21 is projected at 6.8 per cent. In […]