September 2021 – TradenTalks

Covid-19 pandemic cut life expectancy by most since World War II

September 28, 2021 Administrator_IndiaCOVID-19, Pandemic, World War0 comment

By Administrator_ India Capital Sands The Covid-19 pandemic reduced life expectancy in 2020 by the largest amount since World War II, according to a study published on Monday by Oxford University, with the life expectancy of American men dropping by more than two years. Life expectancy fell by more than six months compared with 2019 in 22 of the 29 countries analyzed in the study, which spanned Europe, the United States, and Chile. There were reductions in life expectancy in 27 of the 29 countries overall. The university said most life expectancy reductions across different…

Business

AstraZeneca Pharma India gets DCGI nod to import

September 27, 2021 Administrator_IndiaAstraZeneca, DCGI, Pharma0 comment

By Administrator_ India Capital Sands Drug firm AstraZeneca Pharma India said it has received import and market permission from the Indian drug regulator for Selumetinib capsules. The company has received the import and market permission in Form CT-20 from the Drugs Controller General of India for Selumetinib 10 mg & 25 mg capsules, AstraZeneca Pharma India said in a regulatory filing. The receipt of this permission paves way for the launch of Selumetinib 10 mg & 25 mg capsules in India, subject to the receipt of related statutory approvals and licenses, it…

India

PM Modi meets leading American CEOs; encourages them

September 24, 2021 Administrator_IndiaAmerican CEO, PM Modi0 comment

By Administrator_ India Capital Sands Prime Minister Narendra Modi on Thursday met a group of five top American corporate leaders on a one-on-one basis from a range of diverse sectors ranging from drones to 5G, semiconductor, and solar and encouraged them to step up their investments by highlighting the vast opportunities in India. “Talking technology…,” the Prime Minister’s Office said in a Twitter post after Modi’s meeting with Qualcomm CEO Cristiano Amon and First Solar CEO Mark Widmar. They had a productive interaction, it said. Qualcomm, which started its operations in 1996,…

PM Narendra Modi to interact with BJP workers today

Economic News

PM Modi arrives in US to attend Quad leaders’ summit, address UNGA

September 23, 2021 Administrator_IndiaCurrent affairs, India, Narendra Modi, PM Modi, Quad Leader, UNGA, US0 comment

By Administrator_India Capital Sands Prime Minister Narendra Modi arrived here on Wednesday on an official visit to the US during which he will hold the first face-to-face meeting with President Joe Biden and his deputy Kamala Harris, attend the maiden in-person Quad summit and address the 76th session of the UN General Assembly in New York. Modi, who is visiting the US for the 7th time after assuming office in 2014, said his visit would be an occasion to strengthen the Indo-US Comprehensive Global Strategic Partnership and consolidate ties with…

Market

India to be the 5th largest market globally by 2024

September 21, 2021 Administrator_IndiaGlobal Market, India, IPO0 comment

By Administrator_India Capital Sands New initial public offerings will help add $400 billion to the overall market capitalization over the next three years, an American brokerage said on Monday. The estimate comes on the back of a surge in IPO activity in the last few months, which has seen companies raise $10 billion from public markets since the beginning of the year — higher than the money raised in the three years prior to that, Goldman Sachs said. “We expect the IPO pipeline to remain robust over the next 12-24…

India

No Delta plus variant of COVID-19 found in 376 samples tested in Mumbai

September 17, 2021 Administrator_IndiaCOVID-19, Delta Variant0 comment

By Administrator_ India Capital Sands No Delta plus variant of COVID-19, considered highly contagious, was found among 376 samples tested in the second round of genome sequencing in Mumbai, a senior civic official said. Additional municipal commissioner (western suburbs) Suresh Kakani said the samples were examined at a genome sequencing facility inaugurated in the city last month. In a statement issued by the BMC, Kakani said, “The genome sequencing facility at civic-run Kasturba Hospital has tested 376 samples so far (in the second round). Not a single sample was found…

Weather

Monsoon Updates: Orange alert in Delhi, heavy rain likely

September 16, 2021 Administrator_IndiaHeavy Rain, Monsoon, Orange Alert0 comment

By Administrator_ India Capital Sands The India Meteorological Department has issued an orange alert for Delhi on September 16. While the alert is for moderate rain, heavy rain is also expected at isolated places. An orange alert is issued as a warning for extremely bad weather with the potential of disruption in commute with road and drain closures and interruption of power supply. The capital has already recorded 1,146.4 mm of rainfall so far this monsoon season, the highest in 46 years and almost double the precipitation gauged last year. The…

International

PM to visit US for Quad on Sept 24; focus on Afghan crisis, Covid-19

September 15, 2021 Administrator_IndiaAfghan, COVID-19, PM Modi, US0 comment

By Administrator_ India Capital Sands Prime Minister Narendra Modi will travel to the US next week to participate in the first in-person Quad summit that is expected to broadly focus on contemporary global challenges, including the Afghan crisis, the Covid pandemic, and ensuring a free and open Indo-Pacific. In his first visit to the US since President Joe Biden took office, the prime minister will participate in the summit of the four-nation grouping on September 24 in Washington and address the 76th session of the UN General Assembly in New York the next…

Asian shares rise, yen falls as traders shrug off Omicron fears

Market

Sensex slips 127 points, Nifty ends session at 17,355

September 14, 2021 Administrator_IndiaBSE, Nifty, NSE, Sensex0 comment

By Administrator_ India Capital Sands Equity benchmark Sensex dropped 127 points on Monday, weighed by losses in index heavyweights Reliance Industries, ICICI Bank, and HDFC Bank. The 30-share BSE index ended 127.31 points or 0.22 percent lower at 58,177.76, while the broader NSE Nifty slipped 13.95 points or 0.08 percent to 17,355.30. RIL was the top loser in the Sensex pack, shedding over 2 percent, followed by ICICI Bank, HUL, HDFC Bank, M&M, Ultra Cement, IndusInd Bank, and Tech Mahindra. On the other hand, TCS, Bharti Airtel, Bajaj Finserv, Tata…

Coronavirus News

Vaccine passports ditched in UK’s new plan to manage Covid-19 pandemic

September 13, 2021 Administrator_IndiaCOVID-19, Passports, Vaccine0 comment

By Administrator_ India Capital Sands British Prime Minister Boris Johnson will set out on Tuesday his plans to manage the Covid-19 pandemic in the winter months, announcing a decision to scrap the introduction of vaccine passports and steps to end some emergency powers. Johnson, under fire from some in his governing Conservative Party for raising taxes to fix a health and social care crisis, looks set to try to soothe those critics by ditching plans to introduce passports despite an increasing number of coronavirus cases. Speaking to broadcasters, Health Minister Sajid Javid said he did not…