Indian
LIC to invest Rs 80.67 crore in rights issue of its Nepal joint venture
LIC, which got listed on the bourses in May, will hold its first...
RBI gives green signal to HDFC, HDFC Bank merger proposal
Touted as the biggest transaction in India's corporate history,...
Finance ministry asks CPSEs, govt depts to exempt PSU gen insurers from 1.5 solvency requirement in official tenders
The Government has recently infused capital in these three general...
Maruti Suzuki to phase out pure petrol-powered cars in 10 years
The move comes as Maruti, India's biggest car manufacturer, looks...
International
More COVID-19 vaccines in pipeline as US ramps up effort
If you want to have enough vaccine to vaccinate all the people in the U.S. who you’d like to vaccinate up to 85 per cent or more of the population you’re going to need more than two companies,” Dr Anthony Fauci, the top US infectious disease expert, told The Associated Press on Monday.
The nation has repeatedly recorded more than 3,000 dead per day over the past few weeks.
UK needs tighter COVID rules to avert new “catastrophe”, epidemiologist warns
“We are entering a very dangerous new phase of the pandemic, and we’re going to need decisive early national action to prevent a catastrophe in January and February,” said Andrew Hayward, professor of infectious disease epidemiology at University College London.
More than 71,000 people in Britain have died within 28 days of a positive test for the disease.
Wealthy hospitals rake in U.S. disaster aid for COVID-19 costs
Federal Emergency Management Agency has received nearly 2,200 aid requests from hospitals and thus far has approved about 15% of them, for a total of $894 million, the agency told Reuters. Hospitals can request more money as U.S. infections surge, and FEMA officials expect total aid awards to rise significantly.
Some health policy experts say that large and well-capitalized nonprofit systems – which typically pay no taxes – do not need the additional relief money. Among the aid applicants are some of the nation’s best-known health systems, including the Cleveland Clinic, Providence and Stanford Health Care.
BMW aims for 20% of its vehicles to be electric by 2023 – paper
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