Biological E has sought emergency use authorisation from India’s drug regulator for its COVID-19 vaccine Corbevax for the 12 to 18 years age group, official sources said on Sunday. The Drugs Controller General Of India (DCGI) has already approved Corbevax, which is India’s first indigenously developed RBD protein sub-unit vaccine against COVID-19, for restricted use […]
India saw a single-day rise of 50,407 coronavirus infections, which took the tally of cases to 4,25,86,544, while the active cases have declined to 6,10,443, according to Union health ministry data updated on February 12. The death toll has climbed to 5,07,981 with 804 daily fatalities, the data updated at 8 am stated. The daily COVID-19 […]
The cumulative COVID-19 vaccine doses administered in the country crossed 171 crore on Wednesday, the Union Health Ministry said. More than 44 lakh (44,08,918) vaccine doses were administered till 7 pm on Wednesday. More than 1.60 crore (1,60,95,273) precaution doses have been administered so far to healthcare workers, frontline workers and those aged 60 and […]
Fintech unicorn Razorpay has acquired a majority stake in Curlec in a deal that values the Malaysian payments start-up at more than $19 million. Razorpay will full acquire the company later in 1.5 years. Kuala Lumpur-based Curlec builds solutions for recurring payments for businesses. This marks Razorpay’s fourth acquisition overall and its first in a foreign country. “We look forward […]
The government has recapitalised public sector banks (PSBs) by infusing over Rs 3.10 lakh crore in the last five fiscals, a majority of which was through issuance of recapitalisation bonds, Parliament was informed on Monday. “Government has infused Rs 3,10,997 crore to recapitalise banks during the last five financial years i.e., from 2016-17 to 2020-21, […]
Jolts of an earthquake were felt in parts of Jammu and Kashmir and other areas of north India including Noida on Saturday morning. The exact magnitude of the quake is yet to be ascertained. “That was a very strong earthquake. 7.3 on the Richter Scale, 189 KM WSW of Islamabad, Pakistan as per National Center for Seismology,” tweeted Srinagar Mayor, Junaid […]
Facebook’s user growth faltered in the latest quarter, the first stagnation in the social network’s history, part of dire earnings that caused Meta Platforms’s stock to collapse 25 per cent intra day on Thursday, set to wipe over $200 billion from its market value. The company also gave a disappointing sales forecast for the current […]
Shares of most tyre manufacturers were under pressure in the morning trade on February 3 after the Competition Commission of India (CCI) slapped a Rs 1,788-crore fine on these companies for cartelisation. The fair-trade body found that five companies and the Automotive Tyre Manufacturers Association had jointly increased prices of cross-ply variant of tyres sold by each […]
India’s manufacturing sector activities moderated in January as new orders and production expanded at a slower rate as the new wave of COVID-19 restricted growth and affected business confidence that slipped to a 19-month low, a monthly survey said on Tuesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 54.0 […]
Canadian Prime Minister Justin Trudeau and his family have left their home in the country’s capital and shifted to a secret location after a large-scale protest opposing COVID vaccine mandates converged on Parliament Hill, media reports said on Saturday. What started as a protest dubbed as ‘Freedom Convoy’ against a vaccine requirement for cross-border truckers has grown […]
