Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.
India is currently using two vaccines for COVID-19 -- one developed by Oxford University and AstraZeneca and the other developed by Bharat Biotech in collaboration with the Indian Council of Medical Research-National Institute of Virology. Both the vaccines are being manufactured within the country by domestic firms.
The Serum Institute of India, Bharat Biotech and Pfizer have applied to the DCGI seeking emergency use authorisation for their COVID-19 vaccine candidates and are awaiting approval.
India's COVID-19 tally had crossed the 20-lakh mark on August 7, 30 lakh on August 23 and 40 lakh on September 5. It went past 50 lakh on September 16, 60 lakh on September 28 and crossed 70 lakh on October 11.
The total coronavirus cases mounted to 52,14,677, while the death toll climbed to 84,372 with the virus claiming 1,174 lives in a span of 24 hours, the data updated at 8 am showed.
A day after getting permission to raise its Unified Payments Interface (UPI) user base to 100 million, WhatsApp on Thursday said it has plans to make significant investments in 'payments on WhatsApp' across India, including India-first features and driving adoption. The company, however, did not share details of its plans. The Meta-owned messaging app got its first greenlight for its payments service from the National Payments Council of India (NPCI) in November 2020 with a cap of 20 million users. A year later, in November 2021, the limit was raised to 40 million users.
The issue of black money has been a matter of great debate in India and Switzerland has been long perceived as one of the safest havens for the illicit wealth
The number of active cases has declined to 4,05,513, accounting for 1.3 per cent of the total caseload, while the national COVID-19 recovery rate was recorded at 97.36 per cent, the ministry's data updated at 8 am showed.
The total cases of coronavirus infections mounted to 29,05,823, while the death toll climbed to 54,849 with 983 new fatalities being reported in a span of 24 hours, the data updated at 8 am showed.
India added 18,833 new coronavirus infections taking the country's total tally of COVID-19 cases to 3,38,71,881, while the active cases declined to 2,46,687, the lowest in 203 days, according to the Union Health Ministry data updated on Wednesday.
The number of active cases comprises 1.50 per cent of the total infections, while the national COVID-19 recovery rate stands at 97.18 per cent, data updated by the ministry at 8 am showed.
Daily cases of coronavirus in the country remained below 30,000 for the tenth straight day with 20,799 fresh infections recorded in a single day, while the active cases declined to 2,64,458, the lowest in 200 days, according to the Union Health Ministry data updated on Monday.
The total coronavirus cases mounted to 64,73,544 with 79,476 new infections being reported in a day, while the death toll climbed to 1,00,842 with the virus claiming 1,069 lives in a span of 24 hours, data updated at 8 am showed.
To set up a future-ready administration geared towards the target of $2 trillion exports by 2030, the Department of Commerce has decided to set up a dedicated trade promotion body to drive overall promotion strategy, export targets, and execution as part of a restructuring exercise. The trade promotion body will formulate and drive overall trade promotion strategy; create and drive India's branding across focus markets and sectors; drive coordinated action across missions, states and export promotion councils; strategic initiatives, including advisory and buyer-seller meet; and develop digital platforms for exporters and buyers. Based on a 14-volume 'restructuring dossier' by the Boston Consulting Group, the commerce department has already implemented some of the recommendations.
Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.
A total of 1,660 fresh cases have pushed the country's COVID-19 tally to 4,30,18,032, while the number of active cases has fallen below 20,000, according to the ministry's data updated at 8 am.
The number of people who have recuperated from the disease surged to 2,75,04,126, while the case fatality rate has increased to 1.22 per cent, the data stated.
India reported less than one lakh new coronavirus infections after a gap of 63 days, while the daily positivity rate dropped to 4.62 per cent, according to the Union health ministry data updated on Tuesday.
The active cases have surpassed the 12-lakh mark, while the death toll increased to 1,70,179 with 904 daily new fatalities, the highest since October 18, the data updated at 8 am showed.
No confidence motions have been moved in the Lok Sabha 27 times in the past, and all of them have either been defeated or remained inconclusive, data compiled by a think tank shows.
The government is taking the cutoff of about 100 days if reinfection occurs.
India registered a record single-day spike of 1,31,968 new COVID-19 cases on Friday, pushing its infection tally to 1,30,60,542, while the death toll increased to 1,67,642 with 780 more fatalities in a day, highest since October 18, the Union health ministry data showed.
The death toll due to the viral disease has gone up to 1,57,930 in the country with 77 more fatalities, the ministry's data updated at 8 am showed.
The COVID-19 case fatality rate due to coronavirus has further declined to 1.6 per cent. There are 10,03,299 active cases in the country as of now, which comprises 18.28 per cent of the total caseload, the data stated.
The active cases have further reduced to 22,28,724 with a decline of 1,14,428 cases being recorded in the active caseload. It now comprises 8.04 per cent of the total infections, while the national COVID-19 recovery rate has improved to 90.80 per cent.
Observers say China should re-address its policies towards India or else it will continue to face flare-ups increasing the tensions between the two countries at a time China's increasing tension with the US over Taiwan and the South China Sea besides the downturn in the Chinese economy which is hit hard by the zero-covid policy.
The number of total coronavirus cases rose to 92,22,216 in the country, while the death toll due to the disease climbed to 1,34,699 with 481 new fatalities, the ministry's data updated at 8 am showed.
The COVID-19 active caseload remained below 4 lakh for the second consecutive day.
With 13,083 fresh cases, India's COVID-19 tally has gone up to 1,07,33,131, while 1,04,09,160 patients have recuperated so far, pushing the national recovery rate to 96.98 per cent, the health ministry said.
India registered a record single-day spike of 1,26,789 new COVID-19 cases, pushing its infection tally to 1,29,28,574, while the number of active cases too went upwards to breach the nine lakh-mark again, Union Health Ministry data updated on Thursday showed.
September witnessed 24,33,319 people recuperating from coronavirus infection contributing to around 46.15 per cent of the total 52,73,201 recoveries registered so far in the country.
Less than 50,000 daily new cases are being reported for 70 consecutive days.
The death toll has increased to 1,51,727 with 198 new fatalities.
The number of people who have recuperated from the disease has gone up to 4,32,67,571.
The COVID-19 case fatality rate has declined to 1.84 per cent.
COVID-19 cases in the country jumped from 10 lakh to 20 lakh in 21 days, while it had taken 59 days for the cases to cross the 10 lakh-mark.
The Supreme Court on Monday extended till September 15 its order asking the Manipur police not to take any coercive steps against four members of the Editors Guild of India (EGI) in connection with two FIRs lodged against them for alleged offences, including promoting enmity between two communities.
The Reserve Bank of India (RBI) on Friday extended the card-on-file (CoF) tokenisation deadline by three months to September 30, 2022, in view of various representations received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions. Tokenisation is the process of replacing actual card details with a unique alternate code called 'Token' - thereby enabling more secure transactions.
It took 110 days for the COVID-19 cases in the country to reach one lakh while it had taken 59 days more to go past the 10-lakh post.
Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
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