World

NEW DELHI: The Reserve Bank of India (RBI) proposal to allow large corporate houses creating banks is a “bomb”, former RBI governor Raghuram rajan and former lieutenant governor Viral Acharya wrote in a joint article Monday. Emphasizing the need to adhere to tried and true limits on business involvement in …

The availability of a vaccine is subject to the results of ongoing trials and licenses. (Figurative) India hopes to start rolling out a COVID-19 vaccine by March 2021, but faces a huge challenge: the cold chain and distribution infrastructure. The nation with the second highest infections in the world plans …

The Oxford-AstraZeneca vaccine is being manufactured in partnership with the Serum Institute (Archive) New Delhi: As AstraZeneca reported Monday that its COVID-19 vaccine could be around 90% effective without serious side effects, Adar Poonawalla, whose Serum Institute is producing the injection in India, said he was “delighted.” He said the …

China’s remaining nine impoverished counties had eliminated extreme poverty, state media reported Monday, marking a milestone in the country’s struggle to lift the poorest above the poverty line. The counties, all in southwest China’s Guizhou province, had eradicated absolute poverty, the provincial government announced. “China has promised to eradicate absolute …

Tarun Gogoi, a three-time CM of Assam and a veteran of Congress, was 84 years old. Former Assam Prime Minister Tarun Gogoi, who had been receiving treatment at Gauhati Medical College Hospital (GMCH) for post-Covid complications, passed away on Monday, state health minister Himanta Biswa Sarma confirmed. The veteran of …

The Astra-Oxford vaccine prevented an average of 70% of cases in large trials in the UK and Brazil. (Archive) Highlight Astra and Oxford are taking a different approach than Pfizer and Moderna Astra-Oxford vaccine prevented on average 70% of cases in large trials Scientists will now take a closer look …

Last week, Oxford University scientists hoped to report the results of late-stage trials of their COVID-19 vaccine by Christmas. Dr Andrew Pollard, an expert in pediatric infections and immunity at Oxford, said the research was slowed by low infection rates over the summer, but phase III trials are now accumulating …

Chinese military grade reinforced bunkers for storing ammunition. 2020 Maxar Technologies. High resolution here Highlight Previous images indicate that the bunkers were not there in December 2019 Images show road access bunkers to the Sinche-La pass It then connects to the road that runs through the Doklam plateau. New Delhi: …

Prime Minister Narendra Modi will meet with senior ministers and other state representatives to review the COVID-19 situation and discuss the vaccine distribution strategy tomorrow, via video conference, officials said Monday. PM Modi is reportedly expected to hold two back-to-back meetings, one with eight states with a large number of …

Former Reserve Bank of India (RBI) Governor Raghuram Rajan and Lieutenant Governor Viral Acharya on Monday criticized the recommendation of the central bank’s internal working group (IWG) to allow industrial houses to float banks. “Why now? Have we learned anything that would allow us to override all previous precautions about …