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Covid-19: ‘Impact of second wave on Indian economy will be less’

Virendra Pandit  New Delhi: The second wave of a resurgent Covid-19, which is currently swelling infection numbers, may affect India’s progressing economic recovery but its impact is unlikely to be as severe as during the first wave of the pandemic in 2020. The second wave of infections is credit-negative and presents a risk to growth forecast […]

Covid-19: India’s nod to Russia’s Sputnik V; a dozen more vaccines on way

Virendra Pandit  New Delhi: With the second wave of Covid-19 severely sweeping India and many other countries, a number of vaccines are expected to arrive in the global market this year, as New Delhi gave a green signal for emergency use of Russian vaccine Sputnik V on Monday. More than 60 pharmaceutical companies in the […]

Covid-19: India surpasses Brazil; Sensex crashes 1,700 points

Virendra Pandit  Mumbai: With the Maharashtra Government bracing for a possible, partial ‘lockdown’ from April 15 to contain the spiraling numbers of Covid-19 cases, the benchmark Sensex at the Bombay Stock Exchange (BSE) crashed 1,700 points to close at 47,883, while Nifty closed at 14,300. On Monday, India overtook Brazil to become the second most […]

Technology: Adani allies with Flipkart to cement logistics, data centre

New Delhi: The Adani Group and Flipkart on Monday signed a strategic and commercial partnership to strengthen the e-commerce company’s supply chain, media reported. As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre in Mumbai that will be leased to Flipkart to address the growing demand for e-commerce in […]

Economy: As IMF turns screws, broke Pakistan looks at China to show mercy!

Virendra Pandit  New Delhi: Pakistan will have to meet a dozen stringent conditions in the next six months to be part of the USD 6 billion programs of the International Monetary Fund (IMF) but Islamabad’s economic endurance will continue to hinge on a possible USD 11 billion lifelines from China, media reports said. With the […]

Roving Periscope: Why did the US Navy intrude India’s EEZ?

Virendra Pandit  New Delhi: International relations are based more on relentless checks and balances than on open friendship or hostility, or even war or peace. Each country tries to keep tabs on its deemed friends and potential foes alike to extract the best concessions from both. So, diplomacy is like a ‘cold war’ between the […]

Covid-19: More vaccine options in the offing from May 2021

Virendra Pandit  New Delhi: In view of the huge demand for Covid-19 vaccines in India and overseas due to a surging second wave of the pandemic, more vaccine alternatives are expected to be available from May 2021 as two or three new vaccines are likely to start production in the country soon. Amid an unprecedented […]

Covid-19: African Union explores J&J vax, drops buys from SII

Virendra Pandit New Delhi: The African Union has dropped plans to buy the Covid-19 vaccine from the Serum Institute of India for its 55 member-states and is exploring options with Johnson & Johnson, media reported on Thursday. John Nkengasong, who heads the Africa Centres for Disease Control and Prevention, said the SII will still supply […]

‘Covid patients at greater risk of mental disorders’, says Oxford study

Virendra Pandit  New Delhi: Amid an escalating spike in coronavirus cases worldwide, an Oxford University study has warned that Covid-19 patients are at a 44 percent higher risk of neurological and mental health diagnoses than after influenza, and a 16 percent greater risk than with other respiratory tract infections. The largest study of its kind […]

Protesters torch Chinese factory, flag as Myanmar sinks into a civil war

Virendra Pandit  New Delhi: Amid relentless protests against military rule re-imposed on February 1, which has since claimed 580 lives, Myanmar armed forces fired at angry anti-coup activists on Wednesday, killing at least seven people and wounding many, media reports said. The pro-democracy protesters also set on fire a Chinese-owned factory in the commercial capital […]
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