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Bloodbath on D-Street: Sensex slumps over 4,000 points amid election uncertainty, investors lose Rs 31 lakh crore
The Nifty index dropped as much as 5.43% to 22,000.60 points while...
Strong growth, lower fiscal deficit may lead to India rating
"A faster-than-anticipated pace of fiscal consolidation could pave...
India to increase interval between doses of AstraZeneca shot
NEW DELHI: India’s health ministry on Monday wrote to states asking them to administer second AstraZeneca coronavirus vaccine doses,Covishield, to recipients within four to eight weeks, from the current guideline of four to six weeks. “The...
Hyderabad-based Virchow Biotech to produce up to 200 mn doses of Sputnik V
The announcement follows similar deals with Indian pharmaceutical firms Gland Pharma, Stelis Biopharma and Hetero.
“Virchow’s proven capabilities in large-scale drug substance manufacturing should help meet the global demand for this vaccine,” Dr. Tummuru Murali, Managing Director of Virchow Biotech, said in a statement issued by RDIF.
Hike in monthly pension under EPS-95 scheme not possible without budgetary support: Govt
The trade unions have been pressing for higher minimum monthly pension under the EPS-95. Initially, they had proposed to provide at least Rs 3,000 per month to pensioners under the scheme. Later factoring in rise on cost of living index, some of them also demanded a minimum monthly pension of Rs 5,000 and even higher amounts under the scheme.
Vehicle scrapping policy insufficient to trigger replacement:Jefferies
“We also believe the original equipment manufacturers (OEMs) are unlikely to offer additional discounts at a time when demand is already recovering and companies are facing severe margin pressure due to elevated commodity prices,” it added.
India to launch supercharged push for global electric vehicle players
Companies will receive 4-7% government cashbacks on the eligible sale and export value of vehicles and components, but for EVs and their components there is an additional 2% as a “growth incentive” to promote electric mobility, according to the draft policy document seen by Reuters.
India records highest single-day surge since mid November
New Delhi: India added 90,797 cases of coronavirus in two days with 46,951 new infections being recorded in a span of 24 hours, the highest so far this year, taking the nationwide COVID-19 tally to 1,16,46,081, according to the Union Health Ministry...
RBI is yet to take decision on industrial houses owning banks :Thakur
Replying to a query on the RBI’s internal working group (IWG) report which had recommended that large corporate or industrial houses may be allowed as promoters of banks, he said the central bank has not taken any decision on the issue.
”The RBI will take a final decision keeping in mind interest of consumers of banks” Thakur said, adding even today private sector majority stake is in banks like ICICI and HDFC.
India records 43,846 new COVID-19 cases in last 24 hours, highest single day spike this year.
The daily rise in infections was the highest recorded in 115 days. The death toll increased to 1,59,755 with 197 daily new fatalities, the highest in 97 days, the data updated at 8 am showed.As many as 44,489 new infections were recorded in a span of 24 hours on November 26.
As India witnessed the highest daily tally of COVID-19 cases this year, the Union Health Ministry said on Sunday that Maharashtra, Kerala, Punjab, Karnataka, Gujarat and Madhya Pradesh account for 83.14 per cent of the new infections.
EPFO’s net new enrolments up 28% to 1.3 million in January 2021: Data
Among top 10 industry classification, Computer and IT services category along with Electrical, Mechanical or General Engineering Products category registered highest month-on-month growth of around 40 per cent as compared to previous month with 42,205 and 77,392 net additions for January 2021, respectively.
This was followed by Trading & Commercial establishments category with 82,238 net payroll additions registering 27 per cent growth as compared to previous month.
70,000 Ayushman Bharat-Health and Wellness Centres operationalised ahead of schedule: Govt
Preventive health care is the essential component of the services delivered through HWCs. The identified individuals with the chronic conditions are put on treatment with necessary follow-up. So far, 9.1 crore screenings for hypertension, 7.4 crore screenings for diabetes, 4.7 crore screenings for oral cancer, 2.4 crore screenings for breast cancer and 1.7 crore screenings for cervical cancer in women have been done, the ministry highlighted.