The Sensex was trading at 48,455.13, showing a rise of 505.13 points or 1.05 per cent in opening deals; while the broader Nifty was trading higher by 150.20 points or 1.05 per cent at 14,509.65

A modified version of AstraZeneca's COVID-19 vaccine tailored to combat a coronavirus variant first documented in South Africa could be ready by the end of 2021, an AstraZeneca official in Austria said in an interview published on Sunday; Former prime minister Manmohan Singh on Sunday wrote to Prime Minister Narendra Modi on the COVID-19 crisis, stressing that ramping up vaccination was the key to battling the pandemic; China will expand digital yuan experiments to more cities, but there is no specific timetable for its official rollout. China is one of the frontrunners in the global race to launch central bank digital currencies to modernise financial systems. Watch this and more on News Blast.Also Read: Oxford University to reinfect recovered Covid-19 patients to develop better vaccines

India to become No 1 electric vehicle manufacturer in world: Nitin GadkariUnion minister Nitin Gadkari on Sunday expressed confidence that lithium-ion batteries would be manufactured fully in the country in the next six months and India will become number one electric vehicle maker in the world in due course of time. Addressing Amazon's Smbhav Summit virtually, Gadkari further said that the government wants to encourage automakers to introduce flex-fuel engines in India and he is in the fina...

The cumulative number of COVID-19 vaccine doses administered in the country has crossed 12 crore as part of the world's largest vaccination drive, the Union Health Ministry said on Sunday

The number of lives lost, as compiled by Johns Hopkins University, is about equal to the population of Kyiv, Ukraine; Caracas, Venezuela; or metropolitan Lisbon, Portugal

Addressing a virtual press briefing on April 13, Dmitriev said its vaccine partnership covers 20 producers in 10 countries including Korea, China and India

The Production Linked Incentive Scheme aims to build an Indian manufacturing base across 13 key sectors. What works. What doesn't

For fiscal year 2020-21, the Tata Motors-owned company's global retail sales declined 13.6 per cent YoY to 4,39,588 vehicles as a result of the impact of the pandemic.

Govt bans on-board meals in flights as Covid-19 cases riseThe Civil Aviation Ministry said on Monday that airlines are not allowed to serve meals on flights that have a duration of less than two hours in the wake of a spike in coronavirus cases in India.The ban will come into effect from April 15, the ministry said in its latest order. However, there are no curbs on inflight meals on international flights as of now.Poonawalla-led Rising Sun's acquisition of stake in Magma Fincorp gets CCI n...

Renowned economist and Nobel laureate Abhijit Vinayak Banerjee has trashed the ideology that calls for lesser or limited government interventions towards uplifting the poor; Amazon India announced the launch of its 'Mentor Connect' programme on April 11, aimed at accelerating the growth of start-ups and emerging brand owners enrolled under its Amazon Launchpad initiative; Indian IT major Infosys will consider a share buyback plan in its board meeting scheduled on April 14 and is expected to hold board meetings on April 13 and 14 to approve and take on record financial results for the quarter and fiscal ended March 31, 2021. Watch this and more on News Blast.Also Read: 3rd COVID-19 vaccine in India? Expert panel to decide on Russia's Sputnik V

India bans Remdesivir exports till COVID surge abates India has banned the export of Remdesivir injection and active pharmaceutical ingredients (API) used for making the coronavirus medication till the recent surge in COVID-19 cases subsides. India has been witnessing a surge in COVID-19 cases with the second wave of the pandemic. As of Sunday, the number of active cases stood at 11.08 lakh. This has led to a sudden spike in demand for Injection Remdesivir used in treatment of COVID patient...

The top US diplomat's sharp words underscored criticism from other members of the Biden administration over Beijing's lack of transparency in the crucial early days of the pandemic

The currently available vaccines \"don't have very high rates of protection\", said Gao Fu, the director of the Chinese Centers for Disease Control and Prevention

Despite increased demand for COVID-19 vaccines in India COVAX expects to deliver doses to all participating economies that have requested vaccines in the first half of the year

The international community should work together to resist 'vaccine nationalism,' strengthen cooperation and policy coordination to fight against COVID-19, and improve the accessibility and affordability of vaccines in developing countries in a meaningful way, Yi Gang, Governor of the People's Bank of China said

The Philippines suspended the use of AstraZeneca shots for people under age 60 after Europe's regulator said on Wednesday it found rare cases of blood clots among some adult recipients, although it still believes that the vaccine's benefits outweighed its risks

There's the good news that there is faster global growth driven primarily by the US, China, and India, having strong rebounds, World Bank president David Malpass

Without them, without those fiscal and monetary measures, the global contraction last year would have been three times worse. This could have been another Great Depression, IMF Managing Director Kristalina Georgieva noted

India is the only country expected to register a double-digit growth this fiscal.

Stock Market News Update Today: Top Sensex losers were PowerGrid, Ultratech Cement, Axis Bank, and IndusInd Bank falling up to 2%. Asian Paints, Sun Pharma, Dr Reddy's Laboratories, HUL shares were the top Sensex gainers rising up to 4%