India made ‘incorrect assumption’ and opened up prematurely: Dr Anthony Fauci on COVID-19 crisis

India made ‘incorrect assumption’ and opened up prematurely: Dr Anthony Fauci on COVID-19 crisis

WASHINGTON: India made the “incorrect assumption” that it was finished with the COVID-19 pandemic and opened up prematurely that has left the country in such “dire straits”, America’s top infectious disease expert Dr Anthony Fauci has told senators. India has been severely affected by the unprecedented second wave of the coronavirus and hospitals in several […]

Over 84 per cent vaccine doses sent abroad due to commercial, licensing liabilities: BJP

NEW DELHI: The ruling BJP accused the Congress and the Aam Aadmi Party (AAP) on Wednesday of spreading misinformation on India’s vaccination programme and said over 84 per cent of the vaccine doses sent abroad were part of the commercial and licensing liabilities of the two Indian manufacturers. Addressing a virtual press conference, Bharatiya Janata […]

COVID -19: Parliamentary panel had asked govt in March to ramp up vaccine production capacity

NEW DELHI: A parliamentary standing committee had in March suggested ramping up of production capacity of the two COVID vaccines manufactured in India for ensuring their availability to a wider population as soon as possible after it was informed that there could be a “shortage” if the inoculation is opened beyond the priority groups. The […]

Rupee drops by 8p to 73.42 on forex outflows, firm crude

Mumbai: The rupee declined by 8 paise to close at 73.42 against the US currency on Wednesday, snapping its four-day gaining streak due to risk aversion in the global markets and surge in crude oil prices. At the interbank forex market, the local unit opened lower at 73.51 against the greenback and traded in the […]

Sensex tanks 471 pts; Nifty drops below 14,700

Mumbai: Extending its losses to the second session, equity benchmark Sensex slumped 471 points on Wednesday, dragged by selling in index majors ICICI Bank, HUL and Reliance Industries amid mixed cues from global markets. The 30-share BSE index ended 471.01 points or 0.96 per cent lower at 48,690.80. Similarly, the broader NSE Nifty tumbled 154.25 […]

Gold, silver decline on weak global trends

New Delhi: Gold in the national capital on Wednesday weakened by Rs 229 to Rs 47,074 per 10 gram following decline in global precious metal prices, according to HDFC Securities. The precious metal had closed the previous trade at Rs 47,303 per 10 gram. Silver also dipped Rs 717 to Rs 70,807 per kilogram from […]

Retail inflation eases to 4.29 pc in April

New Delhi: Retail inflation slowed to 4.29 per cent in April from 5.52 per cent in March, mainly due to easing food prices, government data showed on Wednesday. The Reserve Bank mainly factors in the retail inflation based on Consumer Price Index (CPI) while arriving at its monetary policy. As per the data released by […]