A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine. … [Read more...] about IMF says Indian economy likely to fare worse than some global and South Asian peers
Imf forecast india gdp
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India Inc has cut down costs to the hilt in the September quarter. Even with a benign performance on top line and no great benefit of operating leverage, the number of companies that have reported a year-on-year improvement in operating margins is mind boggling. While softer input costs had some role to play, a greater contribution came from rationalisation of headcount as well as employee remuneration alongside stringent control over all discretionary expenses. … [Read more...] about Is the recovery here to surprise us quarter after quarter?
Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time. … [Read more...] about RBI offers ‘indirect monetisation’ route to states to help with their stretched finances
Listing out examples, Modi said that the government had recently eased restrictions for FDI through reforms in agriculture, labour and coal. “Only a country that believes in the power of international trade and commerce would go on opening up more and more avenues to work with the world. At the same time, it’s also true that India has been unable to realise its potential in sectors where it has inherent comparative advantages.” … [Read more...] about Economy getting back on track faster than expected, says PM Modi