Economy

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. … [Read more...] about Raghuram Rajan on Indian economy: Stimulus is the tonic needed for the patient on sickbed

Big Story | RIL becomes first Indian firm to hit $200 bn m-cap; more valuable than TCS, HDFC Bank combined 3-Point Analysis | Will the Zomato IPO help beat COVID-19 blues? Business Insight | Finance ministry committee to assess loan moratorium interest waiver … [Read more...] about GDP contraction not surprising, jobs will come back once economy rebounds, says KV Kamath

"The UK, India, France, Italy and Spain stand out, having experienced stringent and/or lengthy lockdowns in 2Q20 which saw mobility (visits to retail and recreation venues) levels fall very sharply and 2Q20 GDP surprise on the downside compared with our June GEO estimates," Fitch added. … [Read more...] about India GDP: Fitch cuts FY21 growth projections further, expects 10.5% contraction

Despite a sharp surge in COVID-19 cases in the national capital over the last fortnight, the Delhi government has ruled out possibility of another lockdown, with Health Minister Satyendar Jain asserting that the economy "cannot be kept shut for eternity" as livelihoods of millions depend on it. … [Read more...] about Spike in COVID cases: Delhi govt rules out another lockdown; says economy can’t be ‘shut for eternity’

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. … [Read more...] about India needs fresh fiscal stimulus to tide over COVID-19 crisis, says IMF