The vaccine candidate -- 'Covaxin' -- is being indigenously developed by the Bharat Biotech in collaboration with the Indian Council of Medical Research (ICMR).
The Subject Expert Committee on COVID-19 examined the data and deliberated on the EUA application on Monday.
The latest trend issued by the State Election Commission showed the BJD had already won or was leading in 762 Zilla Parishad seats, as compared to BJP's 46 and Congress's 36 seats.
Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.
The court ordered all parties to avoid taking any unconstitutional measures and adjourned the hearing until Monday.
Two incidents of hurling of crude bombs were reported in Sealdah and Khanna areas of Kolkata, and police contingents were rushed to the spot to bring the situation under control, a State Election Commission official said.
The country's gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI's research report- Ecowrap. The country's economy expanded by 8.4 per cent in the second quarter of 2021-22, to cross pre-pandemic levels. However, the GDP growth in July-September period was slower than the 20.1 per cent expansion in the previous quarter.
A total of 74,44,260 voters will exercise their franchise using ballot papers to elect their representatives.
The unexpected interest rate hike by the RBI on Wednesday will have the banking system on average making a 10-15 bps gains on the yields, with private banks making larger gains as 57 per cent of their loans are linked to external benchmark rate and 40 per cent to the marginal cost of lending rates, as per a report. Stating that lenders and borrowers will face volatile times with the Reserve Bank raising the repo rate by 40 bps to 4.40 per cent and the cash reserve ratio (CRR) by 50 bps on May 4 in an off-cycle policy move, India Ratings said the market rates had already been moving higher before the move. The 364-day T-bills have moved up 120 bps and 10-year G-sec by 140 bps since May 2020, when the repo rate was cut to a record 4 per cent, which led to an expectation of a faster and sharper rise in interest rates in the system but the central bank stayed the course to support the fragile economy battered by the pandemic.
Between December 2013 and August 2016, Gannamaneni abused his position as a senior software consultant at the investment bank and accessed sensitive, highly-confidential information concerning at least 40 mergers, acquisitions, tender offers
The polls were slated to be held in October last year but cancelled by Justice N Kirubakaran on a petition by the Dravida Munnetra Kazagham seeking among others appropriate reservation as per latest census and rotation of seats according to the norms.
The forthcoming budget needs to delay fiscal consolidation, instead should focus more on supporting the pandemic battered-economy and boost consumption demand by offering income tax soaps and cutting fuel taxes, says a report. In a pre-budget report, India Ratings said it expects the new budget to consolidate and strengthen the plan set out in the last budget, rather than trying out new things by continue with the revenue and capital expenditure pattern of FY'22 to provide stability and consolidation to the past/ongoing efforts, and to focus on boosting demand by generating employment opportunities in areas/sectors that have been impacted more by the pandemic. The report therefore expects the finance minister to delay fiscal consolidation and make it to be a gradual and calibrated process, thus ensuring the necessary fiscal support that the economy needs is available till the recovery acquires its own momentum.
Cuban faces insider trading charges for avoiding a $750,000 loss on an investment in an Internet search company.
The BJP, which has emerged as the main opposition party in West Bengal after winning 77 seats in the assembly polls last year, failed to win even a single civic body.
'Then select those that are well-aligned with your risk-return profile and investment time horizon.'
Divya Rolla explains how these asanas will help you improve your overall health.
Gilt funds make sense only if you want to take a tactical view on interest rates and are looking for a short-term duration.
The SFJ pushed for Sikh Referendum 2020 as part of its separatist agenda. It openly espouses the cause of Khalistan and in that process challenges the sovereignty and territorial integrity of India, another official said.
The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI, says Anup Roy.
The RBI's financial stability report has on Wednesday highlighted the disconnect between the real economy and equity market yet again. The central bank observed that Indian equities were trading at rich valuations, with several metrics such as price to earnings multiples, price to book ratio, market cap to GDP and the cyclically adjusted P/E ratio, or Shiller P/E, at above historical averages. For instance, as on December 13, the one-year forward P/E ratio for India was 35.1 per cent, above its 10-year average, and one of the highest in the world.
Sprinter Revathi Veeramani is part of the 4x400m Indian mixed relay team in the Tokyo Games, starting July 23.
Biological E has received approval for conducting phase II/III human clinical trial of COVID-19 vaccine candidate Corbevax on children above five years and adolescents, the Department of Biotechnology (DBT) said on Friday.
Foreign Secretary Harsh Vardhan Shringla has met top Biden administration officials, including Secretary of State Antony Blinken and Deputy Secretary Wendy Sherman, and held substantive discussions with them on the strategic bilateral ties and regional and global issues like the current situation in Afghanistan after the Taliban seized Kabul.
The GMC poll was being seen as a litmus test for the BJP in the backdrop of its sudden and surprising decision to change the state's chief minister and the entire cabinet recently, ahead of the state Assembly polls due next year.
Hours after police evacuated demonstrators from Raisina Hill and Sonia Gandhi's 10 Janpath residence, high drama was witnessed at India Gate on Sunday when agitators resisted police attempts to detain them for defying prohibitory orders to protest against the gang-rape of a young girl.
Earlier in the morning, race walkers Khushbir Kaur and Manish Singh finished creditable fourth and sixth respectively in the 20km race.
Concerned over spurt in Naxal violence, Union Home Secretary Gopal K Pillai will arrive in Raipur on Monday on a two-day visit to Chhattisgarh during which he will take stock of the security situation, redeployment of paramilitary forces and visit some worst Maoist-hit areas.
'There is a loss of camaraderie .. no one speaks unless i'ts work related .. it's like a laboratory where some rather deep scientific experiments abound.'
The uncertainty created by the jump in COVID-19 infections and localised lockdowns prompted RBI Governor Shaktikanta Das and other members of the rating setting panel MPC to unanimously vote for status quo in interest rates and an accommodative policy stance to support growth, as per minutes of the meeting released on Thursday. "The need of the hour is to effectively secure the economic recovery underway so that it becomes broad-based and durable," the Governor said during the three-day meeting of the Monetary Policy Committee (MPC) which ended on April 7. The renewed jump in COVID-19 infections in several parts of the country and the associated localised and regional lockdowns add uncertainty to the growth outlook, he observed, as per the minutes of the meeting released by the central bank.
Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.
The national scheduled castes panel on Tuesday issued notices to Union human resource development secretary and IIT-Madras Director asking them to appear before it on June 8 amid a political row over de-recognition of a students' body comprising mostly dalits.
The UN Security Council is scheduled to vote on Friday evening on a draft resolution on Russia's military operation in Ukraine as well as the escalating situation in the eastern European country.
The panel also recommended giving approval to Bharat Biotech for carrying out a study on interchangeability of its Covaxin and the under-trial adenoviral intranasal vaccine candidate BBV154, but asked the Hyderabad-based firm to remove the word "interchangeability" from the study title and submit a revised protocol for approval.
This is Blinken's first visit to India after assuming charge as the US Secretary of State and the third by a high-ranking Biden administration official after it came to power in January.
Armed with necessary macro and micro growth drivers, India is on its way to becoming the fastest growing major economy in the world, a finance ministry report said. Rapid vaccination and teeming festivities will push India's ongoing recovery resulting in narrowing of demand-supply mismatches and greater employment opportunities, as per the monthly Economic Review prepared by the ministry.
His son and ace golfer Jeev Milkha Singh lit the funeral pyre.
The latest in this class is the complaint of insider trading filed by the United States Securities Exchange Commission against many individuals in a Manhattan court. The list of individuals includes Anil Kumar, a member of the much-feted Indian School of Business and reputed hedge fund manager Raj Rajaratnam.
Authorities in Latur have imposed an order prohibiting the gathering of more than five persons in areas around water storage tanks to avoid any possible violence over water.
The proposed move would help in cutting down compliance costs and reducing the friction between rules enacted by capital markets watchdog Sebi, depositories and government, experts said.
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