Just in | India's #GDP contracted 7.5% in the second quarter of 2020-21, following the record 23.9% decline recorded in the first quarter, as per estimates released by the National Statistical Office on Friday. @tragicosmicomic reports.
Cabinet has approved amalgamation of #LakshmiVilasBank and #DBS India. The jobs of the 400 employees will be secure and the depositors will also be protected: Javadekar
Unlike in the case of the mRNA vaccines from Pfizer and Moderna, the Oxford #vaccine showed “early indication” that the regimen where a half-dose prime and a full-dose booster was used could reduce virus transmission.
The #SupremeCourt granted interim bail for two weeks to an alleged middleman, arrested in connection with the #ElectionCommission bribery case allegedly involving AIADMK leader T.T.V. Dhinakaran, to enable him to attend the last rites of his father.
Sleuths of the National Investigation Agency carried out searches in five locations in Malappuram and Kozhikode districts in connection with the case of smuggling of gold through UAE Consulate in Thiruvananthapuram.
#Mining conglomerate #Vedanta has put in a preliminary expression of interest for buying the government’s stake in Bharat Petroleum Corp. Ltd., for which a major #foreign player too is said to be in race
Pfizer Inc said that final results from the late-stage trial of its #COVID19 vaccine show it was 95% effective, adding it had the required two-months of safety data and would apply for emergency U.S. authorisation within days.
The Fifteenth Finance Commission has mooted a greater role for public private partnerships to ramp up the health infrastructure and scale up public spending on health from 0.95% of GDP to 2.5% by 2024, its chairperson N.K. Singh said.
The #RBI proposed a draft scheme of amalgamation that entails the Indian unit of Singapore’s DBS Bank taking over the capital-starved #LakshmiVilasBank, within hours of the Centre imposing a one-month moratorium on the Karur-based lender.