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Over the last few days, people have organised several protest actions around Australia, New Zealand and the US urging the SBI to not provide the Rs 5,000 crore loan that it is mulling for the Adani group.
One of the men ran around the boundary while the other ran towards the pitch holding up a white placard: the logo of India’s largest bank, the State Bank of India, and below it the words “No $1BN ADANI LOAN”.
With the latest data, India’s quarterly GDP has shrunk for the second straight quarter, thus plunging the economy into a historic ‘technical recession’ – an outcome that was predicted by the Reserve Bank of India and many others.
Medical experts have accused the Mumbai-based Glenmark Pharmaceuticals of cherrypicking the results of its phase 3 clinical trials to claim that its antiviral drug, favipiravir, is effective against COVID-19. | @PriyankaPulla
Comparing the current scenario to 2018, the former SBI head said the situation was very different, COVID-19 was not going to bring on the bad loan crisis of ’18, as banks had become far more prudent with regards to bad loans.
What are the other differences? Pfizer and Moderna use the more advanced mRNA technology while the AstraZeneca candidate uses a more conventional technique. Bharat Biotech’s vaccine candidate’s precise design is unknown.
Adani Green Energy’s record $6 billion solar power project announced in June has no guaranteed customer, its deal with India’s main solar-adoption agency shows, and may expose the company to higher financial risk.
Edible oil prices such as groundnut, soybean, sunflower and palm oil have risen by 20-30% over the last one year in India, due to recovery in demand in the country and labour shortage in producing countries due to the coronavirus pandemic.
A ‘leaked’ audio recording of a phone conversation purportedly between accused in the Kerala gold smuggling case Swapna Suresh and an anonymous person appears to indicate that the ED tried to coerce her into testifying against @CMOKerala Pinarayi Vijayan.
Work proceeded so fast that some researchers went weeks without seeing their families. Pfizer's chief viral vaccine scientist Philip Dormitzer hasn’t seen his wife and kids since March, apart from Zoom calls.
After dilly-dallying for some time, the Reserve Bank of India finally woke to the ugly reality surrounding trouble-ridden Lakshmi Vilas Bank and recommended the Centre to impose a moratorium. It proposed the amalgamation of LVB with DBS Bank India Ltd.
Shedding light on the suitability of the various COVID-19 vaccines under development, India’s top vaccine scientist professor Gagandeep Kang says that the Pfizer vaccine, which is 90% effective, is “very unlikely to be a solution for India”.
Although about 40% of participants in the Pfizer trial are ethnically diverse, the company did not reveal their break-up among the 94 COVID-19 cases. Moderna has indicated that 20 of its 95 COVID-19 cases were among racially diverse participants.