This is fourth equated-monthly instalment of post-devolution revenue deficit grant; funds will help states in taking preventive steps towards spread of COVID-19

Domestic travel operators believe they have a fair chance of attracting tourists who usually travel abroad for holidays, but might lose out on this huge business opportunity due to inconsistent policies

President Vladimir Putin said on Tuesday that Russia has become the first country in the world to grant regulatory approval to a coronavirus vaccine after less than two months of human testing, a move hailed by Moscow as evidence of its scientific prowess. Speaking at a government meeting on the state television, Putin said the vaccine, developed by Moscow's Gamaleya Institute, is safe and that it had even been administered to one of his daughters. Watch the video for more.Also Read: Can gargling lower spread of coronavirus? Here's what scientists say

Rising coronavirus cases, along with some other factors, has put a negative impact on the economic recovery, which has plateaued in the last few weeks, a report by HSBC Global Research said

Coronavirus vaccine: President Vladimir Putin has asked Health Minister Mikhail Murashko to keep him updated about the vaccine

CII says as more countries are looking at realigning trading strategies and diversifying import, India must emerge as an alternative destination for sourcing cost-effective, quality products

Serum Institute of India (SII) chief executive officer Adar Poonawalla has said that India should have a coronavirus vaccine by December

COVID-19 vaccine: The committee has the responsibility of financing, buying, distribution and administration of the coronavirus vaccine

Mukherjee, who was unwell, was hospitalised on the advice of the doctors and had tested positive for COVID-19 prior to the surgery

The primary beneficiaries of loan restructuring would be corporate and retails loan accounts with exposures below Rs 500 crore, CRISIL said

Coronavirus crisis: Pranab Mukherjee urged people who came in contact with him in the past week to get themselves tested for COVID-19

Partnerships and collaborations, especially those through a Public-Private-Partnership (PPP) model with governments, will indeed play a key role in advancing public health and the economy in this COVID era

At least seven people were killed following a massive fire that broke out at a hotel being used as a COVID-19 facility in Andhra Pradesh's Vijayawada. Meanwhile, several others are feared trapped at the hotel, being used as a coronavirus care centre

The RBI has made it obligatory for lenders such as HDFC Bank to provide information on their borrowers to Experian and three other credit bureaus on a monthly basis

The Congress leader has been vocal in his critique of Prime Minister Narendra Modi amid regular upticks in COVID-19 infections

Most governments across the world incentivise debts to drive business even when it leads to over-borrowing, economic instability, tax evasion and adversely impacts investment in public goods. In contrast, equity-driven business has none of these ill-effects, produces better economic outcomes too

Coronavirus in India: The government has said that the recovery rate continues to improve and has reached 67.19 per cent. The fatality rate has dropped to 2.09 per cent

Meanwhile, the chief minister set off for an aerial survey of various embankments situated along the rivers in spate which continued for an hour and a half before his aircraft landed at Darbhanga airport

Loan book under moratorium have declined sharply across most lenders; however, the last ten percentile of this book will remain the key to the extent of asset quality pain, says ICRA

India faces a fresh threat of NPAs with RBI warning dramatic rise in loan default rate from 8.5% in FY20 to 14.7% in FY21. A global study shows the Indian corporate sector was most debt-stressed with 43% of long-term loans vulnerable to default even before the COVID-19 pandemic hit