Enhancing MSME Sector Is Strengthening Entire Society: PM

The efforts of micro, small and medium enterprises (MSMEs) India will be a key driver of Aatmnirbhar Bharat. Whatever heights the 21st century India will achieve, that will be dependent on the success of the MSME sector, said Prime Minister Narendra Modi while participating in the ‘Udyami Bharat’ programme.  He emphasised that it is important for India’s MSME sector to be strong for increasing India’s exports and for India’s products to reach new markets.  “Our government is taking decisions and making new policies keeping in mind your ability and the…

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India registers 18,819 new COVID-19 cases, active cases rise to 1,04,555 – ET HealthWorld

New Delhi: India’s COVID-19 vaccination coverage has exceeded 197.61 (1,97,61,91,554) crore. This has been achieved through 2,57,19,005 sessions. So far, more than 3.66 (3,66,66,548) crore adolescents have been administered the first dose of the COVID-19 vaccine. 13,827 patients have recovered in the last 24 hours and the cumulative tally of recovered patients is now at 4,28,22,493. Consequently, India’s recovery rate stands at 98.55 per cent. 18,819 new cases and 39 deaths were reported in the last 24 hours. India’s active caseload currently stands at 1,04,555. Active cases now constitute 0.24…

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‘Intensive Engagement’ With India, Other Key Oil Consuming Nations On Russian Oil Price Cap: US

The US has said it is having “intensive engagement” with key oil consuming countries, including India, on the specifics of how a price cap on Russian oil imports would work, but the issue was not discussed at the level of President Joe Biden and Prime Minister Narendra Modi during the recent G7 Summit.  The G-7 leaders — representing the US, Germany, France, Italy, the UK, Canada and Japan — in a joint statement on Tuesday said they would explore far-reaching steps to cap Russia’s income from oil sales that are…

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US State Guvs And LGs Vouch For Strong Ties With India

A bipartisan group of American state governors and top officials have vouched for strong bilateral ties with India and pitched for investment from the Indian corporate sector who they said not only brings foreign direct investment but also skills and creates local jobs in the US. Governors Tom Wolf from Pennsylvania and Asa Hutchinson from Arkansas along with Lt Governors Garlin Gilchrist from Michigan, and Eleni Kounalakis from California made an aggressive pitch before a group of more than 100 Indian businesses travelling to the US to attend the annual Select USA…

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NTAGI recommends vaccination against cervical cancer and Typhoid: Sources – ET HealthWorld

New Delhi: The government advisory panel NTAGI on Tuesday is learnt to have recommended vaccination against cervical cancer and typhoid after examining the data in this regard. The separately constituted HPV working group of NTAGI had on June 8 reviewed the clinical trial data and the usefulness of Serum Institute’s indigenously-developed and India‘s first Quadrivalent Human Papillomavirus vaccine (qHPV) against cervical cancer for inclusion in the National Immunization program, sources said. According to official sources, the subject expert committee of Central Drugs Standard Control Organisation (CDSCO) had on June 15…

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India registers 14,506 COVID-19 cases, active cases stand at 99,602 – ET HealthWorld

New Delhi: India’s COVID-19 vaccination coverage has exceeded 197.46 Cr (1,97,46,57,138) crore. This has been achieved through 2,56,78,429 sessions. So far, more than 3.65 (3,65,66,839) crore adolescents have been administered with the first dose of COVID-19 vaccine. 11,574 patients have recovered in the last 24 hours and the cumulative tally of recovered patients is now at 4,28,08,666. Consequently, India’s recovery rate stands at 98.56 per cent. 14,506 new cases and 30 deaths were reported in the last 24 hours. India’s Active caseload currently stands at 99,602. Active cases now constitute…

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Explained | Financial Crisis Brewing In India’s Backyard

Recently, Chairman of Karakoram National Movement, Mumtaz Nagri has said that Pakistan may cede Gilgit Baltistan, the Pakistan-occupied Kashmir region, to China on lease to pay off its increasing debt. The recent statement sent shockwaves across the region and travelled through the border to India.  The heavily isolated and neglected Gilgit Baltistan could turn into a future battleground for the world powers to compete, Nagri was quoted by Al Arabiya Post as saying.  Pakistan, a strong ally of China, is under heavy debt and experts say that it can meet…

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Benchmark Indices Make Small Gains To Continue Winning Streak

Indian shares recouped early losses to close higher on Tuesday as oil explorer ONGC and aluminium producer Hindalco rose on a rebound in commodity prices after China relaxed some COVID-19 curbs. The NSE Nifty 50 index (.NSEI) ended 0.11 per cent higher at 15,850.2, and the S&P BSE Sensex (.BSESN) edged up 0.03 per cent at 53,177.45 in last-hour buying, managing to gain for a fourth straight day after falling up to 0.7 per cent each earlier in the session. Rising oil prices put pressure on the rupee, which ended…

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India’s first mRNA COVID-19 vaccine to get Emergency Use Authorisation soon – ET HealthWorld

New Delhi: The Subject Expert Committee (SEC) in a meeting held on Friday recommended Emergency Use Authorisation (EUA) for India‘s first mRNA COVID-19 vaccine, sources told on Tuesday. The Drugs controller general of India (DCGI) is expected to give Emergency Use Authorisation to Gennova‘s mRNA vaccine any time soon. The SEC under India’s drug regulator found data submitted by Gennova Biopharmaceuticals satisfactory in the Friday meeting, people in the know told ANI. The company submitted data in April and provided additional data in May. Earlier in May, Gennova had released…

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Why one stock brokerage is bullish on Reliance Industries and Infosys

India’s stocks didn’t have a good start in the first half of the year, but stock brokerage Kotak Securities remains bullish on two stocks. Reliance Industries, an energy and telecommunications conglomerate, has been making a lot of small acquisitions and is “very aggressive” in converting companies into digital businesses, said Shrikant Chouhan, executive vice president and head of equity research at Kotak Securities. “Telecom and digital will contribute a lot in the near future,” he told CNBC’s “Street Signs Asia” on Monday, adding that the company is taking steps in…

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