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India records 1,52,879 new Covid-19 cases, highest single-day surge
With 839 new Covid-related deaths in the last 24 hours, the toll in the country has mounted to 1,69,275. Currently, there are 11,08,087 active cases in the country.Five states — Maharashtra, Chhattisgarh, Karnataka, Uttar Pradesh and Kerala — cumulatively account for 70.82 per cent of India’s active COVID-19 cases which have breached the 11-lakh mark for the first time since the outbreak of the pandemic.
India to have 5 more vaccines by Oct, Sputnik nod likely in 10 days: Report
Explaining the new strategy to manufacture additional vaccine doses, a source said “India currently has 2 Covid-19 vaccines being manufactured locally: Covishield and Covaxin, and we can expect five more vaccines by Q3 2021. These vaccines are Sputnik V vaccine (in collaboration with Dr. Reddy’s), Johnson & Johnson vaccine (in collaboration with Biological E), Novavax vaccine (in collaboration with Serum India), Zydus Cadila’s vaccine, and Bharat Biotech’s Intranasal Vaccine. Safety and efficacy are the Union government’s primary concerns while granting emergency use authorisation (EUA) to any Covid-19 vaccine in the country.”
Govt may hike pension sector FDI limit to 74%; Bill likely in next session
The powers, functions and duties of the NPS Trust, which are currently laid down under the PFRDA (National Pension System Trust) Regulations 2015, may come under a charitable trust or the Companies Act, they said.
The intent behind this is to keep NPS Trust separate from the pension regulator and managed competent board of 15 members. Out of this, the majority of members are likely to be from the government as they, including states, are the biggest contributor to the corpus.
Up to 65% new coronavirus infections in Delhi below 45 years: Kejriwal
“Fourth wave of Covid-19 in Delhi has made the situation worse than what it was during the third peak. Over 10,000 Covid-19 cases were reported in Delhi in the last 24 hours, this is a worrisome situation, Kejriwal said.
Partial lockdown measures could impact movement of labour, goods: CII
“Similarly, 56 per cent of the CEOs expressed their concern over loss of production of up to 50% if there were restrictions on the ecosystem that supports movement of goods,” it added.
FPIs pull out Rs 929 cr from Indian markets so far this month
Rusmik Oza, executive vice president, head of fundamental research at Kotak Securities, said FPI outflows came on the back of rise in Covid cases and a sharper depreciation in the Indian rupee compared with USD.
Inflow into gold ETFs climbs over 4-fold to Rs 6,900 crore in FY21
The safe haven asset had witnessed net outflows of Rs 412 crore in 2018-19, Rs 835 crore in 2017-18, Rs 775 crore in 2016-17, Rs 903 crore in 2015-16, Rs 1,475 crore in 2014-15 and Rs 2,293 crore in 2013-14.However, the segment had witnessed an infusion of Rs 1,414 crore in 2012-13.
Over the past few years, retail investors poured more money into equities as compared to gold ETFs, mainly on account of decent returns.
India bans exports of Remdesivir drug as new COVID-19 cases hit another record
India’s drug regulator and some state governments have in recent days raised concerns over hoarding and black marketing of Remdesivir, which in some instances is being sold at over 10 times the maximum retail price.
Decision on Maharashtra lockdown after April 14: State Health Minister
“Duration of the lockdown and how to handle its economic fallout was discussed during today’s meeting. The task force is of the view that the prevailing coronavirus situation in the state is such that a lockdown is required,” the minister said.
Effective vaccine against coronavirus mutations can be produced: AIIMS
At least five major variants have been reported in India, which include the UK variant, South Africa variant and Brazil variant. The double-mutant, which combines mutations from two separate virus variants, has been found in samples from Maharashtra, Delhi and Punjab.