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Provide more safety data on COVID-19 vaccines: CDSCO expert panel to Serum Institute, Bharat Biotech

“Serum Institute of India has been asked for an updated safety data of phase 2 and 3 clinical trial in the country and immunogenicity data from the clinical trial in the United Kingdom and India. While considering the application of Bharat Biotech company, the SEC after detailed evaluation recommended that the pharma major should submit the safety and efficacy data from its ongoing phase 3 clinical trial in India for more analysis,” a source said.

The application submitted by the Pfizer was not discussed at the SEC meeting as the company has requested for more time for giving its presentation, sources said.

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India’s Covid-19 tally hits 9.7-million mark as it reports 26,567 new cases

Till now 91,78,946 have recovered, while there are 3,83,866 active cases.

The recovery rate stands at 94.59 per cent, and the fatality rate is 1.45 as per cent.

Maharashtra continues to be the worst-hit state with 18,55,341 cases till date. Over 70 per cent of the daily new cases were reported by 10 states and UT — Maharashtra, Delhi, West Bengal, Haryana, Kerala, Uttar Pradesh, Chhattisgarh, Rajasthan, Punjab, Himachal Pradesh.

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Not worried about budget deficit as spending up to support economy: FM

“As regards the coming year, we need to do an assessment,” she said ahead of the next fiscal year’s budget due Feb. 1. “I’m not sure that I can immediately curtail expenditure. It will have to be a careful balance because the momentum that the economy gains should be sustained.”
India last month expanded stimulus measures to 15% of the economy to rescue companies and save jobs in an economy clobbered by a sudden lockdown in March to stem the coronavirus pandemic. That could widen the budget gap to 8% of gross domestic product in the year to March, more the double the budgeted 3.5%.

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Ambani hints at 5G rollout in second half of 2021

5G is the 5th generation mobile network that enables connecting virtually everyone and everything together including machines, objects, and devices.

“We are creating compelling home-grown solutions in education, healthcare, agriculture, infrastructure, financial services and new commerce,” Mukesh Ambani said. “Each of these solutions, once proven in India, will be offered to the rest of the world to address global challenges.”

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French insurers to freeze premiums for sectors hardest hit by virus

Under pressure from  French Finance Minister Bruno Le Maire,insurers faced the prospect of being hit by a 1.2 billion euro ($1.45 billion) tax if they did not offer to keep premiums steady next year.

Le Maire, who had been concerned some insurers were preparing to hike premiums, said the freeze would benefit hotels, restaurants and bars as well as firms in the tourism, sports, culture and events industries.

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