Omicron spread: Vaccinate teens in mission mode, says PM Narendra Modi Coronavirus News 

Omicron spread: Vaccinate teens in mission mode, says PM Narendra Modi

Prime Minister Narendra Modi, chairing a high-level review meeting on Sunday, called for accelerating vaccination in the 15-18 age group in mission mode and ensuring adequate health infrastructure in districts. The review meeting, held to take stock of the country’s Covid preparedness, came on the day India registered around 160,000 cases and the daily positivity rate crossed 10 per cent. India has given the first dose of the Covid vaccine to 31 per cent the adolescents aged 15-18 years so far within seven days. The prime minister said even as…

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Rising Covid cases dampen hopes of India box office touching Rs 2,000 crore in Q1 India 

Rising Covid cases dampen hopes of India box office touching Rs 2,000 crore in Q1

Just when India’s box office business was seeing a strong recovery, rising cases of Covid-19 and its new variant, Omicron, have slowed the growth momentum. The release of big-budget films has been pushed after some states asked theatres to close and others restricted capacity. These factors are once again putting pressure on the box-office business. According to film producer and trade business analyst Girish Johar, Indian films were estimated to earn Rs 1,500-2,000 crore during the first three months of 2022. However, the concerns over a likely third wave of coronavirus infections has dampened hopes of…

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Alka Mittal becomes first woman to head ONGC as CMD Moneycontrol News 

Alka Mittal becomes first woman to head ONGC as CMD

Alka Mittal, director of human resources at energy major Oil and Natural Gas Company (ONGC), has been given the additional charge of chairman and managing director, the company announced on January 3. With this appointment, Mittal has become the first woman ever to head ONGC as its CMD. She will hold the post for six months or until a regular appointment for the position is announced, whichever is earlier. ONGC has not had a full-time chairman and managing director since former chief Shashi Shanker retired on March 31, 2021. Typically, the government select…

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West Bengal announces fresh curbs, restricts flights from Mumbai, Delhi Covid-19 

West Bengal announces fresh curbs, restricts flights from Mumbai, Delhi

The West Bengal government on Sunday said flights from Mumbai and Delhi were being restricted to twice a week from January 5 as new Covid cases in the state mounted to 6,153 from 1,089 on December 29. In a letter to the civil aviation ministry, the state government said that in view of the rising Covid cases it had decided that with effect from January 5, all incoming domestic flights from Mumbai and Delhi to West Bengal will be temporarily allowed only twice a week on Monday and Friday till further orders. This is…

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PM Modi arrives in US to attend Quad leaders' summit, address UNGA Economic News 

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

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…

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Market 

India to be the 5th largest market globally by 2024

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…

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Himachal Pradesh CM announces 6% extra DA for state govt employees, pensioners India 

Himachal Pradesh CM announces 6% extra DA for state govt employees, pensioners

By Administrator_India Capital Sands Himachal Pradesh Chief Minister Jai Ram Thakur Sunday announced six per cent additional dearness allowance (DA) for government employees and pensioners retrospectively from July 1. This announcement to provide financial benefit of Rs 450 crore to the employees and pensioners was made by the CM while presiding over a state-level function at historic Seri Manch in Mandi. Thakur also announced enhancement in subsidy to the Below Poverty Line and Above Poverty Line families on edible oils from existing Rs 10 per litre to Rs 30 per…

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SPORTS 

Tokyo Olympics 2020 officially concludes, India on cloud nine with 7 medals

By Administrator_ India Capital Sands International Olympic Committee President Thomas Bach declared the 32nd Olympic Games in Tokyo closed on August 8. The closing ceremony was held in a nearly empty stadium, at the end of a 16-day event that was held under strict COVID restrictions. The festivities began in front of VIPs after the Japanese flag was raised at the 68,000-seat venue, where fans are barred to contain the virus spread. This was the first Olympics ever to be postponed and took place a year late and in stadiums where spectators were largely banned…

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India, UK decide to wrap up key talks for Free Trade Agreement by year-end Economic News 

India, UK decide to wrap up key talks for Free Trade Agreement by year-end

By Administrator_ India Capital Sands India and the United Kingdom have decided to wrap up key talks on trade issues by the end of 2021, expediting negotiations for a proposed free trade agreement (FTA) between both nations in the future. Bilateral trade and investment ties were a major part of the talks between Prime Minister Narendra Modi and his British counterpart Boris Johnson during the digital summit held on May 5. The proposed FTA is a key part of the Enhanced Trade Partnership (ETP) launched by both nations that hope to galvanize bilateral business…

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US plans Covid-19 booster shots at six months instead of eight: Report Coronavirus News 

India’s Covaxin vaccine ‘very important antidote’ against Covid

By Administrator_ India Capital Sands Covaxin, India’s home-grown COVID-19 vaccine, has been found to neutralize the 617 variant of the deadly virus, White House chief medical adviser and America’s top pandemic expert Dr. Anthony Fauci said in Washington. Fauci was speaking to reporters during a conference call on Tuesday. “This is something where we’re still gaining data on a daily basis. But the most recent data was looking at convalescent Sera of COVID-19 cases and people who received the vaccine used in India, the Covaxin. It was found to neutralize…

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