The global economic recovery from the crisis originated by the coronavirus pandemic may take as many as five years, the World Bank's chief economist Carmen Reinhart said; Reliance Retail to offload up to 15-20% stake, raise Rs 80,000 crore; Insurance regulator IRDAI plans new solvency norms to deal with COVID-19 crisis. Watch this and more news on News Blast.Also listen: COVID-19 vaccine in India likely by Jan 2021, says Health Minister

Coronavirus vaccine in India likely by January, 2021, says Health Minister Dr. Harsh VardhanUnion Health Minister Dr. Harsh Vardhan said on Thursday that the COVID-19 vaccine will be made available in India by the beginning of 2021.His remarks come at a time when India is reporting over 50 lakh cases and people are expecting a viable vaccine with bated breath. He stated that PM Modi, the ministers, and state health ministers have been addressing the situation since January 8 fighting \"this...

BT's panel of experts on how to fire up the four engines of the economy - and where to find the money

Coronavirus vaccine trials: While China has four vaccine candidates in third or final stages of clinical trials, there are at least two companies from the United States and one from UK and Germany, which are planning to rollout vaccine before December, if everything goes as per the plan

Gold, Silver prices today:  On the Multi Commodity Exchange, Gold October Futures gained Rs 166 at Rs 51,935, after hitting an intraday high of Rs 51,943 against the previous close of Rs 51,769 per 10 gm.

China launched a vaccine emergency use programme in July, offering three experimental shots developed by a unit of state pharmaceutical giant China National Pharmaceutical Group (Sinopharm) and U.S.-listed Sinovac Biotech

India Stock Market Highlights Today: M&M, followed by Bajaj Auto, Maruti, L&T, Tata Steel, UltraTech Cement and Nestle India were among the top gainers on Sensex pack today. On the other hand, HCL Tech, Axis Bank, ICICI Bank, Bajaj Finance and SBI were among the laggards

Traders said equity markets rose higher today following news of a potential COVID-19 vaccine as AstraZeneca resumed its phase-3 trial. Although, gains were capped as traders also awaited the outcome from the US central bank's two-day policy meeting, scheduled on September 15-16

Forex traders said news related to coronavirus vaccine and sustained foreign fund inflows also aided to gains in the local unit

Gold, Silver prices today: Commodity analysts said traders are awaiting the outcome from the US central bank's two-day policy meeting, scheduled on September 15-16.

A unit of state pharmaceutical giant China National Pharmaceutical Group (Sinopharm) and U.S.-listed Sinovac Biotech are developing the three vaccines under the state's emergency use programme

India Stock Market Highlights Today: Titan, followed by Sun Pharma, HDFC, ICICI Bank, Bajaj Finance, NTPC, HDFC Bank and M&M were among the major gainers on Sensex pack today. On the other hand, Tech Mahindra, HCL Tech, Kotak Bank, ITC and Bharti Airtel were among the laggards

Midcap and smallcap stock were bullish today after SEBI's announcement of new rules that multi-cap mutual funds will be required to increase their exposure to mid and small caps stocks to 25% of their AUM by January 2021

Union Health Minister Harsh Vardhan on Sunday said that he will be the first person to take COVID-19 vaccine so as to dispel the \"trust deficit\" around the same; Logistics solutions provider Ecom Express is planning to create 30,000 seasonal roles across its operations over the next few weeks; The Directorate General of Civil Aviation (DGCA) on Sunday clarified that passengers can take photos and videos inside flights. Watch this and more on News Blast. Also Read: Chinese investment in India falls 28.5% YoY to $163.77 million in FY20

A Chinese virologist currently based out of Hong Kong has claimed that the new coronavirus was created in a lab in Wuhan

Gold, Silver prices today: Traders said investors rushed to the safe-haven asset amid weakness in equity markets due to the rising cases of coronavirus, on a global scale

'Will volunteer to take COVID-19 vaccine first to end trust deficit': Harsh VardhanUnion Health Minister Harsh Vardhan on Sunday said that he will be the first person to take COVID-19 vaccine so as to dispel the \"trust deficit\" around the same. In an interaction on social media, Vardhan said that even as no date has been fixed for the launch of the coronavirus vaccine, it may be ready by the first quarter of 2021. He also said that the vaccine will be given first to the people who need it ...

India Stock Market Highlights Today: HUL, Asian Paints, Maruti, Bajaj Auto and Nestle India were among the laggards. On the other hand, HCL Tech, followed by Tech Mahindra, HDFC duo, Reliance Industries, TCS, SBI and IndusInd Bank were among the top gainers today.

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Another leading candidate for coronavirus vaccine is Moderna. The company said that it is talking to multiple countries for the rollout of the COVID-19 vaccine.