The decision has come at a time when the clamour for boycott of Chinese products growing louder, following China’s attack on the Indian soldiers at Galwan Valley in Ladakh which left 20 Indian Army personnel dead and many others severely injured
Monthly Archives: June 2020
Nitin Gadkari calls Environment Ministry guidelines outdated, hindrances to growth
Recounting his interactions with the officials, Gadkari said he once asked someone if bamboo is a tree or a grass. When told that it is the latter, he sought to know the reasons as to why the same cannot be cut
Was there intelligence failure on situation along LAC with China: Sonia asks govt at all-party meet
In her introductory remarks at an all-party meeting convened by Prime Minister Narendra Modi on the situation along the Line of Actual Control (LAC), Gandhi posed a set of questions to the government
Govt approves Glenmark’s favipiravir for COVID-19 treatment
Glenmark said the approval was part of India’s accelerated approval process and the drug was meant for ‘restricted emergency use,’ meaning patients must sign their consent before being treated by the drug
China’s India investment shows energy, tech bias; $15 billion invested since 2007
The data set covering China’s global investment shows that in the last two years maximum number of Chinese firms invested in India
RIL’s market cap rises to a record 8.53% of market value of NSE firms
Market cap of Reliance Industries climbed to Rs 11.52 lakh crore comprising 8.53% of the total market cap of Rs 135.02 lakh crore on NSE
ED pulls up 5 firms over illegal hedging of forex worth Rs 905 crore
Enforcement Directorate had initiated its investigation under the provisions of FEMA on the basis of information from Ministry of Finance
Coronavirus vaccine: Millions doses can be produced this year, 2 bn in 2021, says WHO
Around 10 potential vaccines are now undergoing trials in humans, in the hope that a shot to prevent infection can become available in coming months
US mulls restoring India’s beneficiary status under GSP, says top official
We’re in negotiations with India, we took away their GSP, and we’re in the process of restoring it if we can get an adequate counterbalancing proposal from them, US Trade Representative Robert Lighthizer told members of the Senate Finance Committee
Coronavirus effect: Moody’s changes Tata Motors’ outlook to negative, downgrades rating
Although the company commands a 43 per cent market share in the domestic commercial vehicle segment, Moody’s said it expects around 25 per cent decline in its wholesale unit sales in fiscal 2021 on the back of a 34 per cent decline in fiscal 2020