virendra pandit

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Covid-19: ‘The worst is not yet over’, IMF warns developing countries

May 22, 2021 virendra pandit 0

Virendra Pandit New Delhi: The “catastrophic” second wave of Covid-19 currently sweeping India is a sign that the worst may be yet to come in the developing world, the International Monetary Fund (IMF) has warned. The situation in India is a warning of the possible events in low- and middle-income nations that have seemingly escaped […]

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Nepal: Oppn to challenge dissolution of parliament, new elections in Nov. 2021

May 22, 2021 virendra pandit 0

Virendra Pandit New Delhi: In yet another twist to the ongoing political drama, Nepal’s President Bidhya Devi Bhandari dissolved the 275-member House of Representatives (Lower House of Parliament) on the midnight of Friday and ordered fresh mid-term elections in the next six months—on November 12 and 18–which the Opposition parties have denounced as ‘unconstitutional’ and […]

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Covid-19: ‘It may morph into a common cold-like ailment in a decade’

May 21, 2021 virendra pandit 0

Virendra Pandit New Delhi: Imagine the Covid-19 pandemic, which has wreaked havoc and claimed more than 34.46 lakh lives and infected 16.60 crore others globally since January 2020, ending in a whimper like a common cold in the next decade? This is what may happen, a US study suggested on Friday. The novel coronavirus responsible […]

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Roving Periscope: Israel, Hamas halt hostilities…until next round

May 21, 2021 virendra pandit 0

Virendra Pandit New Delhi: The 11-day-long conflict between Israel and Iran-supported Hamas came to an inconclusive halt early on Friday as thousands of Palestinians rallied overnight with some claiming it as an expensive victory for the Islamic militant group Hamas, which has been ruling Gaza Strip since 2007. This was the fourth clash between Israel […]

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Banking: RBI to transfer Rs.99,122 cr as surplus to Centre

May 21, 2021 virendra pandit 0

Virendra Pandit Mumbai: The Reserve Bank of India (RBI) on Friday approved the transfer of Rs.99,122 crore as surplus to the Centre for the accounting period of nine months ended March 31, 2021. The decision was taken at the 589th meeting of the Central Board of Directors of the RBI held under the Chairmanship Shaktikanta Das, […]

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Covid-19: Mylab’s DIY 2×15 minute RAT kit to hit 7 lakh pharmacies

May 20, 2021 virendra pandit 0

Virendra Pandit New Delhi: Now Covid-19 symptomatic patients willing to take a Rapid Antigen Test (RAT) will not have to wait. They can buy a self-test kit for just Rs.250 from a chemist’s shop without a doctor’s prescription, test themselves at home in two minutes and get the report as well in the next 15 […]

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H-1B visa: Indian IT sector cheers as Biden removes Trump’s curbs

May 20, 2021 virendra pandit 0

Virendra Pandit New Delhi: India’s USD 194 billion information technology sector, which has extensively used the USA’s H-1B visas to scale these heights, was on Thursday delighted with the Biden Administration removing curbs former President Donald Trump had attempted to introduce. The US government removed a Trump-proposed regulation that sought to narrow the definition of […]

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Business: Adani Green buys SB Energy, to add 4,954 MW in renewables portfolio

May 19, 2021 virendra pandit 0

New Delhi: In the biggest acquisition in India’s renewable power sector, Adani Green Energy Ltd (AGEL) announced on Wednesday it is acquiring SB Energy India from Softbank of Japan and India’s Bharti Group to add 4,954 MW to its renewable power portfolio. The transaction values SB Energy India at an enterprise valuation of approximately USD […]

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Economy: India, China, SA fare better than others in Q1 2021, says UNCTAD

May 19, 2021 virendra pandit 0

Virendra Pandit New Delhi: The economies of India, China, and South Africa fared “relatively better” than other countries in terms of imports and exports in the first quarter of this year, the United Nations Conference on Trade and Development (UNCTAD) said on Wednesday. The latest UN data said that global trade recovery from the Covid-19 […]

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Covid-19: ‘Kejriwal doesn’t speak for India’, Govt tells Singapore

May 19, 2021 virendra pandit 0

Virendra Pandit New Delhi: “The Delhi Chief Minister has ‘no competence to comment on Covid-19 variants’ ”, India told Singapore on Wednesday after it strongly objected to Arvind Kejriwal’s comments on a ‘Singapore variant’ of the pandemic. The Ministry of External Affairs (MEA) clarified this immediately after the Singapore government conveyed to the Indian High […]