Euro Hits Nearly Two-Month Lows on Signs Covid Wave Hurting Recovery
By Administrator_India Capital Sands The euro fell to a nearly two-month low against the dollar as data on Wednesday signaled the resurgence of Covid-19 is hurting the bloc’s economic recovery as services fell into contraction territory for the first time in three months. EUR/USD fell 0.26% to $1.1676, to remain near lows of the day of
READ MORE
PM Narendra Modi to chair meeting with CMs of 7 states, UTs to review COVID-19 response
By Administrator_India Capital Sands Prime Minister Narendra Modi is scheduled to chair a high-level virtual meeting with the Chief Ministers and Health Ministers of seven COVID-19 hit states and UTs at 5:00 PM on Wednesday (September 23) to review the status and preparedness of coronavirus COVID-19 response and management. These States/UTs are Maharashtra, Andhra Pradesh,
READ MORE
COVID-19 vaccines, if developed in India, need antibody response in at least 50% cases for approval
By Administrator_India Capital Sands According to the draft guidelines for the development of COVID-19 vaccines, a vaccine developed in India should prove that at least 50 percent of those administered with the vaccine are protected from the virus to get an approval. For vaccines that are being developed outside India, the authorisation will be provided
READ MORE
Tata group to launch India’s first low-cost Covid-19 test ‘Feluda’
By Administrator_India Capital Sands The Drugs Controller General of India has approved of the commercial launch of ‘Feluda’, the Tata CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) Covid-19 test, the Council of Scientific and Industrial Research (CSIR) said recently. This test uses an indigenously developed, cutting-edge CRISPR technology for detection of the genomic sequence of
READ MORE
Covid-19: Banks get more capital relief as ECB wants stimulus to work
By Administrator_India Capital Sands The European Central Bank offered lenders a fourth round of regulatory relief to help massive stimulus efforts feed through to a virus-stricken economy. Banks will be temporarily allowed to tweak the math behind a financial strength metric known as the leverage ratio to their benefit by stripping out deposits held at central banks, the
READ MORE
previous arrow
next arrow
Slider
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16