India to expand vaccination but supplies run short, imports delayed : Bulletin: Business Today
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India to expand vaccination but supplies run short, imports delayed

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Rashi Bisaria | April 23, 2021

India to expand COVID-19 vaccination but supplies run short, imports delayed

Under fire for his handling of the world's worst COVID-19 surge, Indian Prime Minister Narendra Modi has opened vaccinations for all adults from next month, but supplies are already running short. Public forecasts by its only two vaccine producers show their total monthly output of 70-80 million doses will increase only in two months or more, though the number of people eligible for vaccines will double to an estimated 800 million from May 1.

Delhi HC dismisses Facebook, WhatsApp pleas against CCI order to probe new privacy policy

The Delhi High Court on Thursday dismissed pleas by social media platforms, Facebook and WhatsApp, challenging India's competition regulator CCI's order directing a probe into WhatsApp's new privacy policy. The court said it saw no merit in the petitions of Facebook and WhatsApp to interdict the investigation directed by the CCI.

Fire breaks out at Virar hospital leaving 13 COVID-19 patients dead

A fire broke out at a hospital in Virar leading to deaths of as many as 13 people. The fire broke out early Friday morning at Vijay Vallabh Hospital in Virar in Mumbai.  13 people have lost their lives in the blaze. The blaze started due to a short-circuit in the air conditioner in the intensive care unit (ICU).

Industry in recovery mode, several Budget proposals on course: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said the industry is in recovery mode and several Budget proposals are on course, including disinvestment, despite a fresh wave of coronavirus infections and local lockdowns. The government, the minister said, has been taking steps to deal with the second wave of COVID-19 with regard to supply of medicines and oxygen.

Coffee drinkers drive strongest Nestle quarter in a decade, shares rise by 2%

Coffee drinkers, pet owners and home bakers helped to drive the biggest rise in quarterly sales at Nestle for 10 years, as the world's biggest food group outshone Danone and set a high bar for Unilever. The Swiss group has weathered the COVID-19 pandemic well so far, as consumers have bought more packaged foods. Nestle's ecommerce business also fared well in the first quarter, with sales up 40%, and its health science business benefitted as people bought more vitamins and supplements.

Farm laws can lift India's GDP growth: Fitch Ratings

The agriculture reforms undertaken by the Indian government, which are facing oppositon from farmers, can increase the country's economic growth if implementation risks are addressed, Fitch Ratings said on Thursday while affirming India's sovereign rating at 'BBB-' with a negative outlook. The rating agency said the Indian government remains reform-minded as evidenced by the passing of agricultural and labour market reforms.

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