A decision in this regard was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi.
The Russian Direct Investment Fund (RDIF) and Dr Reddy's Laboratories have agreed to cooperate on clinical trials and distribution of Sputnik V vaccine in India, RDIF and Dr Reddy's said in a joint statement.
Tamil Nadu, Haryana, Punjab, Manipur and Telangana report the most wastage.
'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'
Sporadic incidents of violence were reported on Tuesday in some areas where voting is underway in the third phase of the West Bengal assembly elections, even as the overall situation by and large remained peaceful with 34.71 per cent turnout recorded till 11 am, officials said.
Bharat Biotech recruited 13,000 participants for the Phase-3 clinical trial of Covaxin. This is one of the largest efficacy trials held in the country.
'The government has put in a lot of effort to provide infrastructure for the industry.'
The Cabinet Committee on Unique Identification Authority of India, at a meeting chaired by Prime Minister Manmohan Singh, approved the commencement of phase-II of the scheme at an estimated cost of Rs 3,023.01 crore (Rs 30.23 billion).
'The government has put in a lot of effort to provide infrastructure for the industry.'
High-value insurance policies experienced muted growth in the first six months of the current financial year after the Centre decided to tax such products in this year's Budget. Simultaneously, there has been a marked improvement in the growth of policies with premiums of 'less than Rs 5 lakh', mainly originating from smaller cities. During this year's Budget, Finance Minister Nirmala Sitharaman proposed that insurance policies (excluding unit linked insurance plans or ULIPs) with an aggregate premium exceeding Rs 5 lakh, and the maturity amount, would not be exempt from tax.
Red signal for Mumbai Metro Phase II.
Four major Defence Research and Development Organisation projects, including the Light Combat Aircraft, Airborne Early Warning and Control System and Kaveri engine, are running behind schedule resulting in increase in their development cost, Lok Sabha was informed on Monday.
'Battery electric, hydrogen fuel cell and hydrogen ICE, could be the three technologies which have the potential of being zero emission and that are what we will have to work on,'
US car maker Ford on Tuesday said it will phase out its hatchback 'Fusion' from the Indian market, as it gets ready to launch the small car 'Figo' next month.
Tata Consultancy Services is eyeing tier-II and tier-III cities such as Pune, Nagpur, Gandhinagar, Kochi and Chandigarh to drive its future growth in the domestic market.
Glenmark Pharmaceuticals on Monday announced its Swiss subsidiary has completed phase I clinical trials for GRC 6211, a pain reliever, and plans to launch the molecule in 2011.
Wipro Technologies, the global IT services division of Wipro, on Tuesday announced an investment of Rs 375 crore (Rs 3.75 billion) in Pune after the inauguration of its new development centre in Hinjewadi.
Dominic Xavier believes it is time government agencies aggressively concentrate on bringing down the COVID-19 caseload, which spikes with each passing day, since there could be no vaccine this year.
The review plea filed on May 10 said, "There are mistakes and errors apparent on the face of the impugned order..., and as such there are sufficient reasons which require review of the impugned order/judgment..."
She held preliminary talks with external affairs ministry officials and later met Foreign Secretary Shyam Saran.
This project is part of $46 billion China-Pakistan Economic Corridor (CPEC) package and is covered under the CPEC Framework Agreement.
Managing the senior generals has proven to be quite a headache for General Asim Munir, even as he and his team of loyal henchmen labour hard to dispel the sense of unhappiness among the public about the army's overbearing presence and interference in matters 'civilian', notes Rana Banerji, who headed the Pakistan desk at RA&W.
The government's subsidies on food, fertilisers and petroleum are estimated to decline by 39 per cent to Rs 4,33,108 crore this fiscal and fall further by 27 per cent to nearly Rs 3.18 lakh crore in 2022-23. In its revised Budget (RE) estimate for the 2021-22 fiscal, the government has pegged total subsidies to be at Rs 4,33,108 crore against the actual Budget estimate of Rs 7,07,707 crore in the previous financial year. Out of which, the food subsidy is estimated to decline to Rs 2,86,469 crore in the current fiscal from Rs 5,41,330 crore in 2020-21, while petroleum subsidy is estimated to fall to Rs 6,517 crore from Rs 38,455 crore in the said period.
The consortium led by ICICI Securities is likely to submit by January end its first report containing the options of synergising the operations of two telecom public sector undertakings -- BSNL and MTNL.
With the reporting of Omicron, a highly mutated variant of SARSCoV-2 virus and its classification as a Variant of Concern (VoC) by the World Health Organisation (WHO), the Union Ministry of Health revised its 'Guidelines for international arrivals', Mandaviya said in a written reply.
The postal department would be floating tenders for procurement of hardware and development of software. Pilots will be held in rural and urban post offices and the final roll out will be completed by September 2012.
We've carried 230 million passengers since we began without a single fatality.
May take 10-15% in Phase II of Bengaluru-Mysore road for Rs 500 crore.
The parliamentary standing committee on energy has asked the government to take result-oriented steps to revatilise the Dabhol power project.
India achieved this coverage in 130 days as against the USA's feat in 124 days.
The instructions were issued recently on the basis of a Cabinet decision in October this year to implement the phase II of the Ajai Vikram Singh Committee recommendations for cadre restructuring in the forces, allowing for greater promotional avenues for officers.
Talks have begun between Indian and foreign lenders of the Dabhol Power Company in Singapore to buy out the latter's debt exposure of over $310 million in the beleaguered company.
India on Monday sought fuel from Qatar to restart the $2.9-billion Dabhol power project in Maharashtra.
The implementation of Phase II of the report that recommended creation of the additional posts will ensure quicker promotions to army, navy and air force officers. The decision is also aimed at stemming the high rate of attrition among middle-rung officers from majors to colonels and their equivalents in the three services, which already face a shortage of about 13,000 officers, mostly in the middle-rung. The move will cost the exchequer Rs 8.44 crore annually.
Modi tweeted that the meeting discussed important issues related to the progress of vaccine development, regulatory approvals and procurement.
Japan on Monday committed 215 billion Yen (Rs 10,535 crore) to six infrastructure projects in India
Five vaccine candidates are in advanced stages of development in India, out of which four are in Phase II/III and one is in Phase-I/II trials.
Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year.
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