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India bans exports of Remdesivir drug as new COVID-19 cases hit another record

by AIP Online Bureau | Apr 11, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  NEW DELHI: India on Sunday banned the export of anti-viral drug Remdesivir and its active pharmaceutical ingredients as demand rocketed due to a record surge in COVID-19 infections and led to crippling shortages in many parts. New COVID-19 cases surged to...

Inflow into gold ETFs climbs over 4-fold to Rs 6,900 crore in FY21

by AIP Online Bureau | Apr 11, 2021 | Eco/Invest/Demography, Indian News

  Mumbai: Heightened risk and uncertainty sparked by the COVID-19 pandemic elicited investors to rush to gold as safe haven as they infused over Rs 6,900 crore in gold exchange-traded funds (ETFs) in 2020-21, more than four times from the preceding fiscal. This...

FPIs pull out Rs 929 cr from Indian markets so far this month

by AIP Online Bureau | Apr 11, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: Foreign portfolio investors (FPIs) have withdrawn a net Rs 929 crore from Indian markets so far this month amid concerns over rising Covid-19 cases denting the economic recovery. The reversal of buying trend came after FPIs invested Rs 17,304 crore...

Partial lockdown measures could impact movement of labour, goods: CII

by AIP Online Bureau | Apr 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Partial lockdown measures could impact the movement of labour and goods which would affect industrial production significantly, according to a CEO's survey. Covid curfew and micro containment strategies along with Covid-appropriate behaviour are...

Up to 65% new coronavirus infections in Delhi below 45 years: Kejriwal

by AIP Online Bureau | Apr 11, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Delhi Chief Minister Arvind Kejriwal said on Sunday that the national capital is facing an alarming situation as around 65 per cent new Covid-19 cases in Delhi are below 45 years of age. "Fourth wave of Covid-19 in Delhi has made the situation...
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