DCGI actively considering 3 COVID-19 vaccines for emergency use : Bulletin: Business Today
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DCGI actively considering 3 COVID-19 vaccines for emergency use

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Rashi Bisaria | December 9, 2020

DCGI actively considering 3 COVID-19 vaccines for emergency use: Health Ministry

Three COVID-19 vaccines candidates, developed by Bharat Biotech, Serum Institute of India and Pfizer, are under active consideration by India's drug regulator and there is hope that getting an early license might be possible for all or any of them, the Union health ministry said on Tuesday. Over the last four days, the Indian arm of US pharmaceutical giant Pfizer, Pune-based Serum Institute of India and Hyderabad-based pharmaceutical firm Bharat Biotech have applied to the Drugs Controller General of India (DCGI) seeking emergency use authorisation for their potential COVID-19 vaccines.

Indian tech players secured $38 billion from investors amid COVID-19 pandemic: Amitabh Kant

India has witnessed USD 38 billion investments in tech companies during the past six months when the whole world is reeling under COVID-19 pandemic, NITI Aayog CEO Amitabh Kant said. He was speaking at a session of the three-day TiE Global Summit (TGS)being held virtually. He added that the Indian startup ecosystem witnessed launch of more than 55,000 start- ups which had raised over USD 60 billion in funding in the last five years. India is currently home to about 34 unicorns and 52 soonicorns (soon to be unicorns) with a potential to become unicorns by 2022.

Electric vehicles a $206 billion opportunity for India by 2030

Should India achieve its 2030 electric vehicle ambition and targets, it would present a market opportunity worth nearly $206 billion (Rs 14,42,000 crore) in the course of this decade, says an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF). But according to the study India needs over $180 billion in vehicle production and charging infrastructure until 2030 to meet its EV ambition. This needs some pondering over.

Indian-origin health expert Anil Soni to lead The WHO Foundation as first CEO

India-origin global health expert Anil Soni has been appointed as the first Chief Executive Officer of the newly established The WHO Foundation. The WHO Foundation will work alongside the World Health Organisation to tackle the most pressing health challenges around the world. Soni will take up the role of The WHO Foundation's first CEO on January 1, 2021.

'India is a great example': Bill Gates lauds UPI payment, other digital innovations

Bill Gates has praised India for digital payments policies at the Singapore Fintech Festival on Tuesday. The billionaire said that India has built an ambitious platform for digital payments, including a system for sending rupees between any bank or smartphone app. Gates said such advancements in financial innovations have drastically reduced the cost and friction of distributing aid to the poor, especially during the COVID-19 pandemic. He has termed India a great example.

Mt Everest gets even higher; China and Nepal announce revised height

Mt. Everest, the highest mountain above sea level on Earth, has seen a revision in its height, which makes it even higher than before. The joint announcement by China and Nepal, who had previously disagreed on the actual height of the peak, came on Tuesday. Interestingly, both nations agreed on one point in that they had pegged the height of Mt. Everest to be higher than the past recorded measurements.

According to the new figures, the tip of the world's tallest peak is now 29,031.7 feet above sea level.
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