Russian coronavirus vaccine Sputnik V 92% effective, show interim trial results Russian coronavirus vaccine Sputnik V is 92 per cent effective in protecting people from coronavirus, show interim trial results. The interim trial results were announced by Russia's sovereign wealth fund Russian Direct Investment Fund on Wednesday. RDIF is backing the vaccine and marketing it globally. Sputnik V coronavirus vaccine is currently undergoing phase III testing stage in Belarus, UAE, Venezuela and o...

In terms of domestic sales, a total of 3.10 lakh units Passenger Vehicles (PVs) were sold last month as compared to 2.71 lakh units in the same month last year, registering a growth of 14.19 per cent

Tesla CEO Elon Musk wants to build factories around the world to keep its position as the best electric car company intact. It has invested $1 billion in the past quarter to set up new factories in Austin, Texas, Brandenburg, and Germany

FADA says only 43 percent of the dealers are feeling good about festive season and only 33 percent of them expect growth in November. Significantly, 30 percent says there may be a decline this month as well. On inventory levels, FADA says average inventory for PVs has shot up to 35-40 days

Ministry of Road Trasport & Highways has made FASTag mandatory for availing third party vehicle insurance effective from April 1, 2021

This is an economy of contradictions: Micro economy is seeing signs of life while macro economy is in cold storage; stock markets divorced from the shrinking real economy; rural India is doing way better than urban India

NITI Aayog Vice Chairman Rajiv Kumar said that the objective of the scheme is to incentivise investors in this country to put up globally comparable capacity in scale and competitiveness

The developers say that the car is suitable for self-driven journeys or as a commercial taxi service

The policy also gives 100 per cent exemption on road tax and registration fee for electric tractors purchased and registered in the state as per the existing rules/guidelines applicable for tractors by the Transport Department

Bajaj Auto Q2 results: During July-September quarter, the company sold 10.53 lakh units against 11.73 units in Q2 FY20, down 10 per cent YoY

Local manufacturers to crank up alloy wheel capacity to tap a thriving market; of the annual requirement of 26 million alloy wheels in India, almost 46 per cent was imported mostly from China in FY20 due to lack of domestic supply

The senior BJP leader said the department should work on the principles of 'swadeshi' and 'swavalamban' (self-reliance) and guide the economy

Earlier this week, the government had waived road tax on all electric vehicles

While not a lot should be read into the September wholesale figures, it does indicate that supply side constraints on production due to the coronavirus induced lockdown in April and May that had hampered the industry in the first quarter have subsided

India Stock Market Highlights Today: IndusInd Bank, Tata Steel, Infosys, ONGC, BPCL, Cipla, Kotak Bank, NTPC and Bharti Airtel were among prominent gainers. On the other hand, Asian Paints, Sun Pharma, Nestle, RIL, M&M, HCL Tech were among the top losers.

The rupee opened at 73.21 per dollar at the interbank forex market, and gained further ground to touch 73.09, rising 15 paise from its previous close of 73.24 per US dollar

While high inflation was a major stumbling block for the monetary policy committee (MPC) to reduce the repo rate, the Governor expects retail inflation or CPI to come closer to the targeted level by the fourth quarter

India will be among a select few countries to have this facility. For this, payment system operators to be licenced on a perpetual basis, says RBI Governor Shaktikanta Das 

MPC meet: Governor Das said that India is likely to witness a three-speed recovery with individual sectors showing varying paces depending on sector-specific realities

MPC Meet Live Updates: Shaktikanta Das says the monetary policy committee has voted unanimously to keep repo rate unchanged; India will see a \"3-speed recovery\", though it will vary from sectors-to-sectors, says the RBI Governor