Tag «India»

India declines proposal to test Russia’s COVID-19 vaccine Sputnik-V in large study

India declines proposal to test Russia's COVID-19 vaccine Sputnik-V in large study

By Administrator_India Capital Sands India’s drug regulator has knocked back a proposal from Dr Reddy’s Laboratories Ltd to conduct a large study in the country to evaluate Russia’s Sputnik-V COVID-19 vaccine and has asked it to first test the vaccine in a smaller trial. The recommendations by an expert panel of the Central Drugs Standard …

India’s services activity contracted for fifth straight month in July – PMI

By Administrator_India Capital Sands India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining measures to stop the spread of the coronavirus hurt business activity and led to record job cuts, a survey showed. India has recorded the third highest number of coronavirus cases globally, …

India, U.S. closing in on trade deal

India, U.S. closing in on trade deal

By Administrator_India Capital Sands India and the United States are closing in on a trade deal, Commerce Minister Piyush Goyal said on Tuesday, after two years of negotiations. India is seeking concessions for generic drugs it exports to the United States in return for opening its dairy markets and slashing tariffs on farm goods as …

India seeks new preferential treatment from U.S. on drugs, other goods

India seeks new preferential treatment from U.S. on drugs, other goods

By Administrator_India Capital Sands India is seeking concessions for generic drugs it exports to the United States in return for opening its dairy markets and slashing tariffs on farm goods as the two sides seek to shore up a new trade deal, three sources said. India accounts for 40% of U.S. generic drug imports, including …

India tops a million coronavirus cases as pandemic hits villages

Global coronavirus COVID-19 cases cross 20 million mark, death toll above 734000

By Administrator_India Capital Sands India on Friday became the third country in the world to record more than one million coronavirus cases, behind only the United States and Brazil, as infections spread further out into the countryside and smaller towns. For India’s population of around 1.3 billion, experts say a million cases are still low …

India posts first trade surplus in 18 years as coronavirus hits imports

Double-digit rise in exports helps India nearly halve trade gap with China

By Administrator_India Capital Sands India posted a trade surplus of $790 million in June, its first in over 18 years, with imports plunging as the coronavirus pandemic depressed domestic demand for crude oil, gold and other industrial products, reflecting a slowing economy. Indian exports and imports have been falling since March and worsening India-China relations, …

India approves human trials for second COVID-19 vaccine candidate

India seeks new preferential treatment from U.S. on drugs, other goods

By Administrator_India Capital Sands Zydus has received approval from Indian regulators to begin human studies for its COVID-19 vaccine contender, the drugmaker said on Friday, as the novel coronavirus infections continue to surge in the world’s fourth worst-hit nation. The potential vaccine showed a “strong immune response” in animal studies, and the antibodies produced were …

India’s Prime Minister Modi shuts Weibo account after app ban

India's Prime Minister Modi shuts Weibo account after app ban

By Administrator_India Capital Sands Sina Weibo, China’s answer to Twitter, said it has deleted Indian Prime Minister Narendra Modi’s account at the request of the Indian embassy, as tensions between the two countries continue to simmer over a border skirmish. Since posting on Sina Weibo the first time in 2015 during a visit to China, …

India, China want peace but blame each other after deadly border clash

India, China want peace but blame each other after deadly border clash

By Administrator_India Capital Sands India and China said they wanted peace but blamed each other on Wednesday after soldiers of the two sides savagely fought each other with nail-studded clubs and stones on their Himalayan border, killing at least 20 Indian troops. “We never provoke anyone,” Prime Minister Narendra Modi said on national television, referring …

India’s 2018/19 jobless rate declines to 5.8%

India's 2018/19 jobless rate declines to 5.8%

By Administrator_India Capital Sands India’s unemployment rate during July 2018-June 2019 period declined to 5.8% from 6.1% during a year-earlier period, a government report released on Thursday said. Joblessness among the youth – those aged between 15-29 years and who account for roughly over a third of India’s 1.3 billion people – marginally declined to …