Seven Indian companies producing Remdesivir injections under voluntary licensing agreement with US-based Gilead Sciences have an installed capacity of about 38.80 lakh units per month

\"The agreement is legally binding and served as a basis for the first-round allocation document, which has been communicated to all participating economies,\" a Gavi spokeswoman said in an email

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

Brent crude futures for June edged down 2 cents to $63.18 a barrel by 0450 GMT, while U.S. West Texas Intermediate (WTI) crude for May was at $59.70 a barrel, up 10 cents, or 0.2%

This scheme is designed to create a complete component ecosystem in India and make India an integral part of the global supply chain, the body noted

Centre's clarification comes amid an ongoing debate over the export of vaccines with some states, mostly non-BJP ruled, flagging the issue of shortage of vaccines

Treasury has confirmed that the Serum Institute of India has fully refunded us for the remaining 500,000 doses that had not been delivered to South Africa and the money is already in our bank account, Health Minister Zweli Mkhize 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

The company also said that with more than 2.5 million MSMEs working with Amazon in India including sellers, artisans and weavers, the focus has been to simplify online selling for small and medium businesses

Share of the gold refiner touched an intraday high of Rs 524.4, rising 9.23% against previous close of Rs 480.10 on BSE

Stocks to watch out for on April 8: Vedanta, Jindal Steel & Power, Bharti Airtel, Dixon Technologies, Godrej Consumer Products and more

Vardhan says as long as supply of vaccines remains limited, there is no option but to prioritise. Maharashtra has vaccinated only 86 per cent of health workers with first dose; just 41 per cent healthcare workers with the second dose, he adds

The conversation around the PLI scheme for air conditioners started in May last year and just a couple of weeks later the government and industry came together to chart out an initial strategy.

The scheme is expected to be instrumental in achieving growth rates that are much higher than existing ones for AC and LED industries, develop complete component eco-systems in India and create global champions manufacturing in India

Rajesh Tope said that the state currently has 14 lakh COVID-19 vaccine doses, which will get consumed in three days. He said that Maharashtra has asked for 40 lakh additional doses

RBI MPC meet announcements: GDP growth forecast for FY2021-22 has been retained at 10.5 per cent, consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4

\"We need roughly Rs 3,000 crore which is not a small figure considering we have already spent thousands of crores,\" said Adar Poonawalla

SII CEO Adar Poonawalla said the company has \"chosen to prioritize India temporarily for two months\" and hopes to then restart exports by June

Globally, especially in the matured markets such as the US and the UK, consumers prefer branded fruits, not because they offer consistently tasty fruits, but due to their claims of using environment-friendly cultivation practices and making a positive impact on livelihoods

Due to the new wave of outbreaks in India right now, the Indian government has stepped up their vaccination programmes, which means that they've made less doses available for the rest of the world, Seth Berkley, CEO of Gavi told CBS News