January 23, 2022 12:17 (IST)
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At 3.33 lakh new Covid-19 infections, India witnesses marginal drop in cases from yesterday | New Zealand PM Jacinda Ardern calls off her wedding after new Covid rules amid Omicron rise | PM Modi pays homage to Netaji Subhas Chandra Bose on his birth anniversary | Gandhi's favourite 'Abide By Me' hymn dropped from Republic Day Beating Retreat Ceremony | Akhilesh Yadav to contest UP elections from family stronghold Karhal

CII urges govt to lift pandemic-induced restrictions on economic activity, include additional 1 pc under CSR for booster shots in the Budget

New Delhi/IBNS: Ahead of Union Budget 2022-23, the Confederation of Indian Industry (CII) has urged state governments to lift restrictions on economic activity, given that the occupancy rate of hospital beds due to the Omicron variant of Covid is well within the manageable level.

Laurus Labs signs agreement with MPP for manufacturing Molnupiravir

Mumbai/UNI: Hyderabad-based Laurus Labs Limited on Friday said that it has signed an agreement with MPP (Medicine Patent Pool) for the manufacturing of the oral COVID-19 antiviral medication Molnupiravir.

Omicron to push air traffic recovery into fiscal 2024: CRISIL

Mumbai/UNI: The Omicron-led third wave of the pandemic could pose fresh turbulence to air traffic, pushing full recovery into fiscal 2024, ratings agency CRISIL said on Thursday.

FSDC-SC members discuss challenges arising from third wave

New Delhi/UNI: Financial Stability and Development Council (FSDC) Sub Committee (FSDC-SC) chaired by RBI Governor Shaktikanta Das on Thursday reviewed developments in the global and domestic economy.

Dec 2021 two wheeler retail sales down by 20 pc, PVs down by 11 pc; 3rd wave of Covid to have negative impact: FADA report

New Delhi/IBNS: Total retail sales of vehicles in the month of December 2021 stood at 15,58,756 down by 16 percent year-on-year while overall retails continue to fall by 6 percent when compared to December 2019 (a regular pre-covid month), according to the data shared by the Federation of Automobile Dealers Association (FADA).

TCS to bring 80 pc of workers back to office: Report

Bengaluru/IBNS: TCS is preparing to get 80-85 percent of its workers back to its offices as the pace of coronavirus vaccination gains momentum, media reports said.

RBI keeps repo rate unchanged at 4 percent, maintains accommodative stance to support growth

Mumbai/New Delhi/UNI: As widely expected, the Reserve Bank of India (RBI) Friday held the repo rate steady at 4 percent and maintained an accommodative policy stance to support economic growth and recovery.

Union Bank of India conducts e-RUPI module vaccination drive Under CSR initiative

Mumbai/IBNS: Union Bank of India today conducted Vaccination Drive at Thane Region through e-RUPI (Prepaid Voucher) module, a digital solution recently introduced by National Payment Corporation of India (NPCI) and launched by Prime Minister Narendra Modi.

Covid19: Centre removes duty on Amphotericin B, raw materials for Covid testing kits

New Delhi/IBNS: The government has waived off the basic customs duty on imports of raw materials for manufacturing Covid test kits and antifungal drug Amphotericin B and raw material for Covid-19 test kits for a limited period.

Kotak, Metropolis join hands to offer Covid antibody test at 30 pct discount

Kolkata/IBNS: To help assess one’s antibody levels, Kotak Mahindra Bank Ltd (KMBL) on Tuesday announced an exclusive offer for its customers in a tie-up with Metropolis Healthcare Limited (Metropolis).

GST Council reduces tax on equipment, meds to fight Covid19

New Delhi/IBNS: The Goods and Services Tax Council Saturday slashed taxes on medicines, medical equipment needed in hospitals and other items used to fight Covid-19.

Steel Minister inaugurates Ispat Nidan Kendra –Jumbo Covid Treatment Centre of SAIL, Rourkela Steel Plant

New Delhi / Rourkela/IBNS: Ispat Nidan Kendra – the newly developed state-of-the-art Jumbo COVID Treatment Centre of SAIL, Rourkela Steel Plant (RSP) was inaugurated by Steel Minister Dharmendra Pradhan through virtual mode on Wednesday.  

India's crude oil imports to drop in May as lockdown restrictions hit oil demand: Report

New Delhi/IBNS: Indian refiners are likely to reduce crude imports in May amid the second wave of coronavirus infection in contrast to April when refiners met all their import commitments but the the full impact of the crisis will get reflected only in May numbers, according to S&P Global Platts Analytics.

RBI Guv Shaktikanta Das asks pvt banks to strengthen their balance sheets

Mumbai/IBNS: RBI Governor Shaktikanta Das in a meeting with the MD & CEOs of some private sector banks on Tuesday through video conference asked them to continue focussing on efforts to further strengthen their balance sheets proactively.

India's power consumption rose 19 pc in first fortnight of May compared to 2020

New Delhi/IBNS: India's power consumption rose by nearly 19 per cent in the first fortnight of May to 51.67 billion units (BU) compared to the same period previous year, reflecting recovery in industrial and commercial demand of electricity, power ministry data showed.