Serum clarifies COVID-19 vaccine pricing, ‘initial rates low due to advance funding’


NEW DELHI : Serum Institute of India (SII), which makes the most used COVID-19 vaccine in the country, on Saturday (April 24) defended pricing Covishield vaccine at 1.5 times the initial rate, saying the earlier price was based on advance funding and now it has to invest in scaling up and expanding capacity to produce more shots. The Central government More...

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By On Tuesday, October 13th, 2020

Indian economy projected to contract by 10.3% in 2020:IMF

NEW DELHI : The Indian economy is projected to contract by 10.3 per cent this year due to impact of COVID-19 but will rebound with 8.8 per cent growth the following year and regain its position as the fastest-growing More...

By On Monday, October 5th, 2020

GST Council meet: Govt to disburse compensation cess worth Rs 20K cr to all states tonight

NEW DELHI : GST compensation due to state governments for this year around Rs 20,000 crore – will be released tonight, Finance Minister Nirmala Sitharaman said Monday after a marathon meeting of the 42nd GST More...

By On Monday, September 28th, 2020

SBI rolled out bumper festive offers to bring in cheer festive seasons

NEW DELHI : India’s largest lender State Bank of India has rolled out bumper festive offers for its customers to bring in cheer and spread festive joy amid the pandemic, the nation’s largest lender State More...

By On Tuesday, September 22nd, 2020

Shapoorji Pallonji Group agrees to exit Tata Sons

MUMBAI: The Shapoorji Pallonji Group (SPG) on Tuesday informed the Supreme Court that it would exit the Tata Group  an acrimonious development that, if carried out, will end an over 70-year-old relationship between More...

By On Wednesday, September 2nd, 2020

Gautam Adani to Take a Controlling Stake in Mumbai Airport

MUMBAI: Adani Enterprises would take a controlling stake in Mumbai International Airport Ltd (MIAL) through a deal in which Adani Airport Holdings Limited will acquire the debt of GVK Airport Developers Limited More...

jitendra singgh
By On Monday, August 31st, 2020

NRA will bring paradigm shift in recruitment system: Jitendra Singh

NEW DELHI : The National Recruitment Agency (NRA) will bring a paradigm shift in the recruitment system and help meet the aspiration of the youth in finding the proper job said Union Minister of State Dr Jitendra More...

By RAJEEV RANJAN NAG On Monday, August 31st, 2020

Modi government has attacked the informal economy Says Rahul Gandhi

NEW DELHI : Former Congress President Rahul Gandhi launched a scathing attack on the Prime Minister Narendra Modi-led BJP government and said the central government has attacked the country’s unorganised economy More...

By RAJEEV RANJAN NAG On Friday, August 28th, 2020

Dinesh Khara set to be next SBI chief

NEW DELHI : The Banks Board Bureau (BBB) on Friday recommended the name of Dinesh Kumar Khara, SBI’s senior-most managing director, as the next chairman of the country’s largest lender. As per convention, More...

By On Wednesday, August 26th, 2020

TRAI issues showcause notice to Vodafone Idea on priority plan

KOLKATA: Telecom regulator TRAI has slapped a showcause notice on Vodafone Idea Ltd over its pay-more-for-priority treatment mobile plan, saying the tariff offer “lacks transparency”, is “misleading” More...