Indian

India approves Zydus Cadila’s ZyCoV-D vaccine for emergency use for adults and children above 12 yrs

Chairperson of the Zydus Group, Pankaj R Patel said, “We are extremely happy that our efforts to put out a safe, well-tolerated and efficacious vaccine to fight COVID-19 has become a reality with ZyCoV-D. To create the world’s first DNA vaccine at such a crucial juncture and despite all the challenges, is a tribute to the Indian research scientists and their spirit of innovation. I’d like to thank the Department of Biotechnology under the Government of India for their support in this mission of Atma Nirbhar Bharat and Indian Vaccine Mission COVID Suraksha.”

RBI Guv pitches for continued policy support to revive growth, monitoring inflation

”The need of the hour is twofold: first, continue the monetary policy support to the economy; and second, remain watchful of any durable inflationary pressures and sustained price momentum in key components so as to bring back the CPI inflation to 4 per cent over a period of time in a non-disruptive manner,” he said.

Ayushman Bharat: Over 0.7 mn Covid treatments authorised from Apr’20-Jul’21

“Under the Ayushman Bharat health insurance scheme, over 20 lakh tests and 7.25 lakh COVID-19 related treatments worth over Rs 2,800 crore were authorised from April 2020 to July 2021.The insurance scheme allows the beneficiaries to avail free testing and treatment across all empanelled — both public and private — hospitals,” an official said.

International

WEF sounds alarms about Climate Change risks

The WEF report also called on policy makers and firms to match targets for protecting the climate with ones that boost economies, and for companies to adjust to science-based targets now in order to avoid massive future losses.

Visa to buy fintech startup for $5.3 billion to move beyond card payments

Both Visa and Mastercard have been seeking to move beyond card payments in recent years to extend their rapid revenue growth. Mastercard bought a payments platform owned by Nets for $3.2 billion last year, using its biggest-ever acquisition to move further into so-called account-to-account payments.

At least 67 dead in avalanches in Pakistan, India: government officials

In what is set to raise concerns over the ongoing climate change, warmer winters and early spring in recent decades have led to an increase in the frequency of snow avalanches in the Western Indian Himalayas, said a recent study published in the official scientific journal of US-based National Academy of Sciences.

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