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Fake vaccination certificates for India available on Telegram for $75 each: Check Point

by | Sep 16, 2021 | ,

As a result of the COVID-19 pandemic, in India, various state governments have mandated certain regulations for those undertaking inter-state travel by road or air to mitigate the further spread of the virus.

Travellers are required to have a negative COVID-19 test result (RT-PCR report) or a vaccination certificate to visit some states that see large influx of tourists.

EU launches health crisis body to prepare for future pandemic

by | Sep 16, 2021 | , , , , , ,

The new health emergency preparedness and response authority (HERA) will assess potential health threats, promote research, ensure the availability of critical production and help build stockpiles.

If a new health crisis struck, it would activate emergency funding and help coordinate monitoring, procurement and purchase of medical equipment or treatments.

The authority is partly designed to avoid a repeat of the ad hoc measures taken by individual EU countries at the start of the COVID-19 pandemic, some of them inefficient, others coming at the expense of other EU members.

Unvaccinated children suffering Covid-19 impact, Americas health agency warn

by | Sep 16, 2021 | , , ,

So far, the only vaccine approved by the WHO for adolescents is the Pfizer Inc shot, while Moderna Inc has asked for emergency use approval of its vaccine for 12-15-year-olds, according to PAHO Assistant Director Jarbas Barbosa.

He said China’s Sinovac Biotech and Sinopharm have also requested WHO approval or the use of their vaccines for adolescents and children from 3 to 17 years old.

EU pledges extra 4 billion euros in international climate finance

by | Sep 15, 2021 | , ,

The EU already contributes $25 billion per year in climate finance, von der Leyen said.

Climate finance is expected to be a decisive issue at the United Nations’ COP26 summit in November, where world leaders will attempt to unlock commitments to cut emissions faster and stave off catastrophic climate change. With seven weeks to go until COP26, finance remains a sore point.

Household debt may have declined to 34% in Q1 FY22: SBI report

by | Sep 15, 2021 | ,

In absolute numbers, the household debt has increased to Rs 75 lakh crore in the first quarter of FY22 from Rs 73.59 lakh crore in FY21, it said.

It said the recently released India Debt & Investment Survey (AIDIS) report for 2018 showed an increase in the average amount of debt among rural as well as urban households between 2012 and 2018.

The average amount of debt increased by 84 per cent and 42 per cent, respectively, for rural and urban households for the six-year period ended 2018, the SBI research report said.

LIC may be valued around $109-bn for its mega IPO

by | Sep 15, 2021 | ,

The government is considering selling a 5%-10% stake in the company, which could raise between Rs 40,000 crore and Rs 1 trillion, according to people with knowledge of the matter, who asked not to be identified as the matter is private.

The potential valuation is based on preliminary talks and may change after further discussions, due diligence and an official valuation report, the people said. A spokesperson for the finance ministry declined to comment.

Cabinet clears auto PLI scheme for EVs, hydrogen fuel cell vehicles

by | Sep 15, 2021 | , , ,

This PLI scheme for automotive sector along with the already launched PLI scheme for Advanced Chemistry Cell (Rs 18,100 crore) and Faster Adaption of Manufacturing of Electric Vehicles (Rs 10,000 crore) will enable India to leapfrog from traditional fossil fuel-based automobile transportation system to environmentally cleaner, sustainable, advanced and more efficient Electric Vehicles (EV) based system.