ICMR reveals formalin vax ‘ineffective’ against KFD

ICMR reveals formalin vax ‘ineffective’ against KFD

Tuesday, 28 February 2023 | Archana Jyoti | New Delhi

The Indian Council of Medical Research (ICMR) has  revealed that the current formalin inactivated vaccine against Kyasanur Forest Disease (KFD) has no approval from the World Health Organisation (WHO) and has been found to be “ineffective” against the deadly disease which is not only on the rise but also spreading...

Saddam joins dad Azad’s party DPAP

Tuesday, 28 February 2023 | Pioneer News Service | Jammu

The Democratic Progressive Azad Party on Monday welcomed Saddam Nabi Azad for actively joining politics at Srinagar. Saddam, the son of former Chief minister Ghulam Nabi Azad and DPAP Chairman, formally joined politics during a Youth interaction programme held at Srinagar. The 41-year-old Saddam is a businessman and has pursued his studies...

Govt to release second advance GDP estimate for 2022-23 on Tuesday

Tuesday, 28 February 2023 | PTI | New Delhi

Ministry of Statistics and Programme Implementation will release the second advance estimate of the Gross Domestic Product for 2022-23 along with December quarter data on Tuesday evening. The ministry will also release the revised estimate of economic growth for 2021-22 which was estimated at 8.7 per cent in May last year. As...

‘India Inc’s profit margin narrows by 2.37% in Dec’

Tuesday, 28 February 2023 | PTI | Mumbai

India Inc’s operating profit margin narrowed by a sharp 2.37 per cent in the December quarter to 16.3 per cent on an annual basis due to inflation and rising energy costs, a domestic ratings agency said on Monday. When viewed sequentially, the operating profit margin for the December quarter expanded by...

Sensex, Nifty fall for 7th day on trot on global equity losses

Tuesday, 28 February 2023 | PTI | Mumbai

Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. The BSE Sensex declined by 175.58 points or 0.30 per cent to...

Investors’ wealth plunges Rs 10.42 L cr in 7 trading sessions

Tuesday, 28 February 2023 | PTI | New Delhi

Seven consecutive sessions of decline in the equity market has eroded the wealth of investors by a whopping Rs 10.42 lakh crore and the benchmark Sensex has tumbled more than 2,000 points during this period. Concerns over more rate hikes by developed economies, weak global equity markets and fresh foreign fund...

Rupee falls 10 paise to close at 82.85 against US dollar

Tuesday, 28 February 2023 | PTI | Mumbai

The rupee depreciated by 10 paise to close at 82.85 (provisional) against the US currency on Monday as a stronger dollar in the overseas market and a muted trend in domestic equities weighed on investor sentiments. At the interbank foreign exchange market, the rupee opened at 82.87 against the greenback and...

Sebi cancels Way2Wealth Commodities registration in NSEL case

Tuesday, 28 February 2023 | PTI | New Delhi

Capital markets regulator Sebi on Monday cancelled the registration of Way2Wealth Commodities for facilitating its clients to trade on the platform of the now defunct National Spot Exchange Ltd (NSEL) in illegal ‘paired contracts.  By providing such a facility of taking exposure to ‘paired contracts’, the broker exposed its clients to...

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