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 European Central Bank’s stimulus train to keep on rolling
World bank list of economies
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 Raghuram Rajan on Indian economy: Stimulus is the tonic needed for the patient on sickbed
Finance Minister Nirmala Sitharaman has launched doorstep banking services by public sector banks. The services will be rendered by doorstep banking agents deployed by selected service providers at 100 centres across the country. This is part of EASE — Enhanced Access and Service Excellence — reforms that Department of Financial Services undertook in 2018. … [Read more...] about Big Story | FM launches doorstep banking facility; how will this move benefit customers?
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
All ten banks on the list of lenders charging lowest interest rates on car loans happen to be PSBs (public sector banks). Punjab and Sind Bank tops this list with interest rate of 7.1 per cent. Bank of Maharashtra and UCO Bank bring up the rear of this top ten list with interest rate of 7.7 per cent. … [Read more...] about Here are the banks that offer the cheapest car loans