Russian Ambassador to India Nikolay Kudashev said on Sunday that there are plans to introduce the single-shot vaccine ‘Sputnik Light’ in India soon in what would increase the volume of vaccines available in the country. Kudashev made the remarks with the second batch of Sputnik V vaccines landing in Hyderabad … Read more
Category: Business and Finance
Rupee falls 18 paise to 73.53 against US dollar in early trade
The Indian rupee slumped 18 paise to 73.53 against the US dollar in opening trade on Tuesday tracking weak domestic equities and strong American currency. Forex traders said concerns over rising COVID-19 cases also weighed on investors’ sentiment. At the interbank foreign exchange, the domestic unit opened lower at 73.47 … Read more
Bharat Biotech commences direct supply of ‘Covaxin’ to 14 states
Bharat Biotech has commenced direct supply of its COVID-19 vaccine ‘Covaxin’ to 14 states, including Delhi and Maharashtra, with effect from May 1, according to the company’s Joint Managing Director Suchitra Ella. The Hyderabad-based firm has started supplying its COVID-19 treatment vaccine to the states based on the allocations received … Read more
RBI unveils loan restructuring scheme for individuals, small businesses
Reserve Bank on Wednesday came out with Resolution Framework 2.0 under which individuals and small businesses having exposure up to Rs 25 crore can opt for loan restructuring if they had not availed the earlier scheme. In case of those who had availed the loan restructuring under the earlier scheme, … Read more
Serum Institute to invest 240 million pounds in UK
The Serum Institute of India will invest GBP 240 million in the UK to expand its vaccine business and set up a new sales office creating a large number of jobs, Downing Street has announced as part of plans for a GBP 1 billion India-UK Enhanced Trade Partnership creating around … Read more
Amrita Vishwa Vidyapeetham Scientists Launch N96 Nano Mask with 99.9% Filtration Efficiency
Guwahati: Scientists of Centre for Nanosciences & Molecular Medicine at Amrita Vishwa Vidyapeetham have launched a unique three-ply N96 Nano Mask based on cutting-edge nanotechnology. It is cost effective and offers far superior filtration and breathability than the conventional N95 and surgical masks. The Amrita N96 Nano Mask, costing less … Read more