The Centre also hosts an online 'Dashboard' for the genomic...
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Insurers take up `GST evasion’ issue with Govt, Revenue Secy Bajaj assures fair investigation and no coercive actions
Tarun Bajaj, revenue secretary, ministry of finance The government...
Over 27 million children at risk from devastating record-setting floods
UNICEF says that this year, floods have contributed to the...
Covid-19 Pandemic:Insurers to see erase profits until 2021 second half, says Fitch
“The coronavirus pandemic will burden 2020/1H21 results, but will ultimately accelerate the hardening of the commercial insurance market,” said Robert Mazzuoli, Fitch analyst, in a statement in the report.
Gilead ties up with Indian phrma cos for COVID-19 drug supply
The countries consist of nearly all low-income and lower-middle income ones, as well as several that are upper-middle- and high-income, the drugmaker said. Afghanistan, India, North Korea, Pakistan and South Africa are among the countries.
The licensees will also set their own prices for the generic product they produce, Gilead said.
The licenses are royalty-free until the World Health Organization declares the end of the public health emergency regarding COVID-19, or until a product other than remdesivir or a vaccine is approved to treat or prevent COVID-19, the company said.
Covid-19 Pandemic:U.S. businesses,patients sue China seeking damages from Coronavirus outbreak
So far, at least nine lawsuits have been filed in the U.S. against China claiming authorities there did not do enough to corral the virus initially, tried to hide what was happening in the outbreak center of Wuhan and sought to conceal their actions and what they knew.
Eight of the lawsuits are potential class actions that would represent thousands of people and businesses. One was filed by the attorney general of Missouri, which is so far the only state to take legal action against China.
India’s automakers warn of up to 45% sales drop as economy slumps amid pandemic
During the meeting, auto industry executives sought tax cuts, a one-year delay in implementing certain safety and fuel efficiency regulations, and loans at low interest rates to help the sector revive production and prevent layoffs until sales and revenues pick up.
Warehousing demand in 8 major cities drops 29% in Jan-Mar, new supply down 14%: Report
Property consultant JLL India expects limited leasing activities during the second quarter of 2020 calendar year. New supply will also get deferred because of the lockdown to control the spread of COVID-19.
However, it said that “there can be gradual revival in the demand post lockdown as leases and active requests for proposals (RFPs) that were in various stages of closure may be executed.”
India to restart some passenger trains even though coronavirus infections jump
According to the health ministry data updated in the morning, the highest number of confirmed cases in the country is from Maharashtra at 22,171 followed by Gujarat at 8,194, Tamil Nadu at 7,204, Delhi at 6,923, Rajasthan at 3,814, Madhya Pradesh at 3,614 and Uttar Pradesh at 3,467.
Britain to quarantine travellers for 14 days, UK airlines body says
“Quarantine would not only have a devastating impact on the UK aviation industry, but also on the wider economy,” said Karen Dee, Chief Executive of the Airport Operators Association.
Tesla sues California county in virus factory closure fight, threatens to leave
The threat to relocate the facility comes as Tesla aims to ramp up production at Fremont of its Model Y sport utility vehicle, which it expects to generate record demand and profit margins.
Iran-linked hackers recently targeted coronavirus drugmaker Gilead
Britain and the United States warned this week that state-backed hackers are attacking pharmaceutical companies and research institutions working on treatments for the new disease.
South Korea reports 34 new coronavirus cases,highest in a month
China’s National Health Commission reported 14 new confirmed coronavirus cases on May 9, the highest number since April 28, including the first for more than a month in the city of Wuhan where the outbreak was first detected late last year.