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Indian
SII to seek emergency-use authorisation of COVID-19 vaccine in 2-weeks:Poonawalla
“The vaccine will be distributed initially in India, and then we will look at the COVAX countries, mainly in Africa. The UK and European markets are being taken care of by AstraZeneca and Oxford. Our priority is India and COVAX countries,” he said, adding they can do under-18 trails after a few months.
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Apr-Sep FDI inflow climbs 15% to Rs 2.2 trillion; Mauritius was top source
Among the sectors, services sector continued to lead with the highest amount of FDI coming in. The sector which includes financial, banking, insurance, outsourcing, R&D among others, received 17 per cent of the FDI equity inflow during the period under review.
According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), Mauritius and Singapore were the biggest sources of FDI for India with 29 per cent and 21 per cent contribution respectively.
The US, Netherlands and Japan followed with 7 per cent contribution each.
Govt”s ethanol push prompts sugar mills to raise production
Fiscal deficit at 120 pc of annual target at October-end
The deficit widened mainly on account of poor revenue realisation. The lockdown imposed to curb spreading of coronavirus infections had significantly impacted business activities and in turn contributed to sluggish revenue realisation.
The fiscal deficit at the end of September 2020 was about 114.8 per cent of the annual budget estimate.
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