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India reports a record 168,912 COVID-19 infections

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

  New Delhi: India reported a record 168,912 COVID-19 infections overnight, data from the health ministry showed on Monday, overtaking Brazil to become the second-most affected country globally by the coronavirus. India’s overall tally reached 13.53...

Sensex crashes over 1400 pts as COVID-19 cases continue to surge

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

  Mumbai: Investors' wealth slumped over Rs 8.77 lakh crore on Monday as concerns over surging COVID-19 cases in the country roiled the equity market. The 30-share BSE benchmark index plunged 1,707.94 points or 3.44 per cent to close at 47,883.38. During the...

Mahindra to invest Rs 3,000 cr on electric vehicle business in next 3 years

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

  Mumbai: Mahindra & Mahindra Ltd will put in fresh investments to the tune of Rs 3,000 crore on its electric vehicles business in the next three years, while it looks for more alliances and partnerships in the vertical, according to a top company official....

Effective vaccine against coronavirus mutations can be produced: AIIMS

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

  In the first wave of coronavirus in India last year, virus mutations were not a major issue, but the ongoing second wave, where the spike in cases is much steeper, has led to variants concern, which are more infectious and lethal. However, the vaccine...

Decision on Maharashtra lockdown after April 14: State Health Minister

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

Mumbai: An appropriate decision regarding imposing a lockdown in Maharashtra will be taken after April 14, state Health Minister Rajesh Tope said on Sunday. He was speaking to reporters after a virtual meeting of the Covid-19 task force chaired by Chief Minister...

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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