India will resume the export of surplus COVID-19 vaccines next month under the ‘Vaccine Maitri’ programme and to meet its commitment to the COVAX global pool. Gold prices hit a more than five-week low on Monday as the dollar firmed with markets closely watching a US Federal Reserve meeting for clues on when the bank will start tapering its crisis-era stimulus measures. For all these stories and everything in between, here are some top news of the day
Govt receiving max FDI proposals in 3 depts from nations sharing land border with India
India has received maximum foreign direct investment proposals in three departments — industry and internal trade, electronics and IT, and heavy industries — from countries sharing land borders with India, an official said. Continue reading
Experts say there are evident signs of revival in CAPEX in India post-COVID 2.0
Economists and analysts suggest there are evident signs of revival in capital expenditure in India, though a full-fledged return to normalcy is still over a year away. Here’s what they said.
India to resume export of surplus COVID-19 vaccines next month: Mandaviya
India will resume the exports of surplus COVID-19 vaccines next month to meet its commitment to the COVAX global pool, Health Minister Mansukh Mandaviya said on Monday. However, he added, vaccinating Indian citizens remains the topmost priority of the government. Read more
MARKETS
Gold prices fall to 1-month low as stronger dollar dents appeal
Gold prices hit a more than five-week low on Monday as the dollar firmed with markets closely watching a US Federal Reserve meeting for clues on when the bank will start tapering its crisis-era stimulus measures. Should you take positions? Find out
Fear gauge hits the highest level in 3months; market anxious ahead of Fed policy outcome
The fear index touched its highest level of 16.64 points in three months on Monday as investors turned jittery ahead of the US Federal Reserve’s policy outcome. Continue reading
Vodafone Idea’s three-pronged approach to put biz back on track
Vodafone idea is looking at strategizing a new plan for a three-pronged approach for bringing its business back on track. One, improved management skillsets. Second. sharpening competitive edge because there is fierce competition in the sector and relief is only from the government dues and not from the telecom competition. The third one is upgrading its network from 2G to 4G. Continue reading
WORLD
China Evergrande shares plummet on default risks
Shares of Evergrande plunged over 15 percent on Monday, extending losses as investors take a dim view of its business prospects with a fast-approaching deadline for payment obligations this week. Continue Reading
Emmy 2021: The Crown, Ted Lasso, among big winners; check full list
The 2021 Emmy Awards, the 73rd edition of the Television Academy’s top honours concluded with largely expected results as popular shows like “The Crown,” “Ted Lasso”, “The Mandalorian” and “Mare…
