Category: Breaking News

In a sudden announcement, the special package of incentives for the smaller format mom and pop stores is likely to be a part of the e-commerce policy being drafted by the Commerce and Industry Ministry.   It may incentivise kirana stores willing to integrate their operations onto an e-commerce platform, a report said. This would likely be a part of the e-commerce policy being drafted by the Ministry of Commerce and Industry.   “We will offer incentives for kiranas willing to integrate their operations on the e-commerce platform so that…

With the growing tension among India and china, the finance ministry has proposed putting restrictions on pension fund investments from any of India’s bordering countries. Foreign investment in pension funds regulated by the Pension Fund Regulatory and Development Authority (PFRDA) is capped at 49 per cent under the automatic route.   According to a draft notification circulated for comments on Friday, “A government approval would be required for the investing entity or individual from any of the bordering countries including China. The relevant provisions of FDI policy issued from time to time would apply…

Glenmark developed active pharmaceutical ingredient and formulation for FabiFlu through in-house R&D; DCGI allowed fast track trials with Phase III in limited patients; approval process is also under Emergency Use Authorisation. The drug acts by getting into cells and inhibit the activity of viral replication to reduce the viral load. Glenmark Pharmaceuticals become the first Indian pharma company to commercially launch an antiviral drug – Favipiravir with brand name FabiFlu – for the treatment of mild to moderate COVID-19 patients. The company received marketing and manufacturing approval from the Indian…

As the India-China standoff intensifies , social media is abuzz with netizens, influencers, celebrities and politicians calling for a complete ban on the use of Chinese products. While #BoycottChina, #BoycottChineseProducts were among the trending hashtags on social media platforms like Twitter, other hashtags like #TeachLessonToChina and #ChinaGetOut also filled several social media posts. Netizens are also circulating memes to attack China amid the border clashes.   The revolution against all Chinese product and companies has taken as the fire in India, presently over the social media. A huge campaign is…

Amid Coronavirus, social distancing has become a new normal. And this norm has introduced an Indian way of greeting and meeting: Namaste– greeting one another with folded hands.   Though an ancient Indian way, this norm has been freshly introduced and happily accepted in countries like London, UK when French President Emmanuel Macron visited British Prime Minister Boris Johnson and Prince Charles.   Macron was in London to mark the 80th anniversary of former French President Charles de Gaulle’s famous appeal to resist the Nazis during World War II.  …

Prime Minister Narendra Modi launched the auction process of 41 coal mines for commercial mining through video conference and reiterated his call for India to become self-reliant in energy by reducing imports.Despite having the world’s fourth-largest coal reserves and being the second-largest producer, the country is the second-largest importer. Speaking on the occasion, PM Modi said that India will overcome the COVID -19 Pandemic and the nation will turn this crisis into an opportunity. He said that this crisis has taught India the lesson of becoming  Self-Reliant. He said an AatmaNirbhar…

Maharashtra Govt. has signed MoUs collectively worth Rs 16, 000 crore from three Chinese companies and 12 firms from other countries. The investment of the three Chinese companies is collectively worth over Rs 5,000 crore, an official statement has said.   The MoUs were signed under the “Magnetic Maharashtra 2.0” hours before the violent face-off between Indian and Chinese troops in the Galwan Valley in Ladakh, in which 20 Indian Army personnel were martyred.   All the three Chinese companies- Hengli Engineering, PMI Electro Mobility Solutions JV with Photon and…

Delhi Deputy CM Manish Sisodia was handed over an additional charge of Health Ministry and other departments. The change was done after Delhi Health Minister Satyender Jain who underwent COVID-19 test was declared positive, an official said.   Jain was admitted to Rajiv Gandhi Super Speciality Hospital early Tuesday after running high fever and suffering a sudden drop in oxygen level. The 55-year-old leader’s test result came positive on Wednesday evening after a second test.   Jain will remain the cabinet minister without any portfolio in the Kejriwal government until…

For patients on ventilators, the treatment was shown to reduce mortality by about one third, and for patients requiring only oxygen, mortality was cut by about one fifth, according to preliminary findings shared with WHO.   The benefit was only seen in patients seriously ill with COVID-19, and was not observed in patients with milder disease.   “This is the first treatment to be shown to reduce mortality in patients with COVID-19 requiring oxygen or ventilator support,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “This is great news and I congratulate the Government…

Delhi Health Minister Satyendar Jain, who was admitted to a hospital due to high-grade fever, will be tested again for COVID-19 today, a senior official said.   The 55-year-old minister was brought to the Rajiv Gandhi Super Speciality Hospital (RGSSH) past midnight and was administered a test for novel coronavirus on Tuesday morning.   “He still has fever. The minister though tested negative for COVID-19 today, will again undergo the same tests after 24 hours of the first test,” the senior official confirmed.   Doctors at the hospital said his…