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 Kamath panel submits report on resolution framework for COVID-hit assets
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Banking stocks trade mixed on resolution framework for COVID-hit assets
The panel has put five key parameters for each sector for lenders to decide the resolution. These include total outstanding liability divided by adjusted networth, total debt divided by EBITDA, debt service coverage ratio (DSCR), average DSCR and current ratio. … [Read more...] about Banking stocks trade mixed on resolution framework for COVID-hit assets
Kamath Committee report | Implementation is key, says auto sector
Vinkesh Gulati, president, Federation of Automobile Dealers Associations (FADA), said, “FADA has been interacting regularly with the RBI and Industry Monitoring Group for restructuring support. The economic fallout on account of the Covid-19 pandemic has led to significant financial stress for auto dealers. The resultant stress can potentially impact the long-term viability of dealerships.” … [Read more...] about Kamath Committee report | Implementation is key, says auto sector
With US elections getting closer, chances of profit-booking are high: Paras Bothra
Moreover, with US elections now getting closer, there's an anticipation of profit-booking in the US markets too. The fact that tech stocks led a boom in the US markets have now reached even greater proportions than last seen in the dot-com bubble—is alarming, to say the least. … [Read more...] about With US elections getting closer, chances of profit-booking are high: Paras Bothra
Here are the banks that offer the cheapest car loans
The automobile sector’s engine has started revving up again, with retail demand contributing to an uptick in sales in August 2020. Half of India’s 14 car and SUV manufacturers who dominate the market, with a 90 per cent share, recorded a 20 per cent growth over August 2019. … [Read more...] about Here are the banks that offer the cheapest car loans
