In a major respite to American aerospace company Boeing, Europe's top aviation regulator has declared its 737 MAX aircraft safe enough to return to skies; The World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades; India could potentially scale up coronavirus testing ten-fold, said Biocon founder and Chairman Kiran Mazumdar-Shaw. Watch this and more on News Blast.Also Read: India to review COVID-19 treatment protocol after WHO report on remdesivir, HCQ

COVID-19 led to largest global economic contraction in 80 years: World Bank, IMFThe World Bank and the International Monetary Fund said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects. The WB and IMF concluded their annual meeting here on Friday, which heavily revolved around the impact of COVID-19.India gained over a...

Mazumdar-Shaw said that India has a youthful population that has kept fatalities low. She also said that India fortunately has a large vaccine production capacity and that multiple firms are now holding clinical trials

Winemakers Kapil Sekhri co-founded Fratelli Wines after launching his vineyard in Akluj area of Maharashtra in 2006; Fratelli is first Indo-Italian wine in the country

\"Bad Boy Billionaires: India'', the controversial docuseries on Netflix, features an interesting episode which covers the rise and fall of Vijay Mallya's Kingfisher empire

With the construction of MSCI India Domestic & World Healthcare 45 Index Fund for Edelweiss, the MSCI has forayed into the Indian market for the first time

BT MPW 2020: Aadhaar can be leveraged to vaccinate population en masse, says Kiran Mazumdar ShawAs the whole world is waiting for coronavirus vaccine, technology can play a pivotal and vital role in how the government vaccinates its population, tracks vaccines, monitors doses, and also manages to locate any adverse events, says Kiran Mazumdar Shaw, chairperson & MD, Biocon. Speaking at the Business Today's India's Most Powerful Women 2020, Mazumdar Shaw further states that if India gets ...

In her keynote address at Business Today's Most Powerful Women event, Biocon Executive Chairperson, Kiran Mazumdar-Shaw, stressed on the need for very robust planning for vaccination of Indians by the government. This would require a very sophisticated technology platform to track the supply chain, maintain the cold supply chain in both rural and urban India and ensure availability of vaccines to more than a billion people. For the vaccination database, India could depend on Aadhaar to identify and trace people, she suggested.

Speaking at the Business Today's India's Most Powerful Women 2020, Mazumdar further says that there if India gets a coronavirus vaccine by early next year, there will be at least 4-5 inoculations approved in some form or the other (by 2021)

AstraZeneca on Wednesday \"voluntarily\" paused the phase 3 clinical trials after a volunteer developed an \"unexplained\" illness; in India, Serum Institute, one of the partners of University of Oxford, also decided to pause the trials following the DCGI notice

Biocon executive chairperson Kiran Mazumdar-Shaw, who recently recovered from COVID-19, shared tips on how to fight the deadly virus. Talking about her experience, Shaw said that early testing allows early treatment and restricts it to mild illness. Watch the video for more.Also Read: AstraZeneca's COVID-19 vaccine enters human trials in Japan

Sharing her \"simple learnings\" of fighting the disease in her blog released on September 2, Mazumdar expressed that her experience has been mild and uneventful

Following the announcement, Biocon shares opened at Rs 382.05 and jumped 6.97% to its intraday high of Rs 402.65 against the last closing of Rs 376.40 on BSE. The stock trades near its 52-week high of Rs 455, hit on July 13, 2020

Stock of another telco Vodafone Idea slipped 24.53% to Rs 7.69 as the firm expected period of 15 years for payment of dues

Share of NTPC gained 4.77% intra day to Rs 101.1 against previous close of Rs 96.50 on BSE. The share was among the top Sensex gainers

The domestic unit opened at 73.18 per dollar at the interbank forex market, and gained further ground to touch 73.07, registering a rise of 53 paise over its previous close of 73.60 against the US dollar

L&T share climbed 2.18% to Rs 965.95 against previous close of Rs 945.30 on BSE

India Stock Market Highlights Today: Eicher Motors, NTPC, Nestle, Power Grid and Bajaj Finserv were leading as top gainers. On the other hand, TCS, Maruti, ITC, Nestle, Infosys, Wipro, HCL Tech, Sun Pharma,  were among the top losers today.

Stocks to watch today on September 1: Biocon, Morepen Labs, Edelweiss, L&T, Bharat Dynamics among others are the top stocks to watch out for in Tuesday's trading session.

Khattar had self-quarantined himself after Union Minister Gajendra Singh Shekhawat, who he met last week, tested positive for coronavirus