Page 1813 - Economy & Policy News
Zydus Cadila supplies 30,000 COVID KAVACH Elisa test kits to ICMR
The kits, to be used for antibody detection of Covid-19, have been manufactured in collaboration (via technology transfer) with ICMR-NIV of Pune for surveillance purposes
 "Zydus Cadila supplies 30,000 COVID KAVACH Elisa test kits to ICMR")
Zydus supplies first batch of 30,000 Covid Kavach Elisa tests to ICMR
Robust antibody tests are critical for surveillance and understanding the proportion of the population exposed to SARS Cov-2 infection
 "Zydus supplies first batch of 30,000 Covid Kavach Elisa tests to ICMR")
Ending quarantine for healthcare workers a 'non-scientific approach': AIIMS
Shortening quarantine duration and denying healthcare workers testing on day 5-7 after duty will be a deadly combination, may derail India's battle against pandemic, say AIIMS resident doctors
 "Ending quarantine for healthcare workers a 'non-scientific approach': AIIMS")
Defence budget may be slashed by 40%, may save Centre Rs 80,000 crore
Addressing an audience of defence analysts in Delhi, the MoD official confirmed reports that the government had ordered the military to limit its first quarter
 "Defence budget may be slashed by 40%, may save Centre Rs 80,000 crore")
Airlines accept 3-month fare cap, but wish govt didn't fix pricing
The industry is fears that despite the government saying that the cap and floor will be for three months, it may extend it arbitrarily
 "Airlines accept 3-month fare cap, but wish govt didn't fix pricing")
Covid-19 crisis: Delhi-Patna most booked as flights prepare to resume ops
MakeMyTrip and a host of other companies in the travel and hospitality industry took a "safety pledge" to maintain high hygiene standards, and follow new protocols to ensure safety and sanitisation
 "Covid-19 crisis: Delhi-Patna most booked as flights prepare to resume ops")
CDS, 3 service chiefs to hold joint press meet as India fights coronavirus
The military leaders' briefing, scheduled for 6 pm, comes at a time when India is under lockdown to control the coronavirus pandemic
 "CDS, 3 service chiefs to hold joint press meet as India fights coronavirus")
Ministry of Defence inks Rs 1,200 cr contract to boost electronics sector
The deal, Modernisation of Air Field Infrastructure Phase 2 (MAFI-2), follows from an earlier contract, called MAFI-1, which TPSED won in 2011 to upgrade 30 IAF airfields.
 "Ministry of Defence inks Rs 1,200 cr contract to boost electronics sector")
Covid-19 impact: DRDO develops devices to sanitise phones, currency notes
Research Centre Imarat (RCI), a part of Defence Research Development Organisation, developed the Defence Research Ultraviolet Sanitiser
 "Covid-19 impact: DRDO develops devices to sanitise phones, currency notes")
'Make in India' campaign: Private shipyards play second fiddle to DPSUs
Goa shipyard supplies first patrol vessel, but L&T has better record
 "'Make in India' campaign: Private shipyards play second fiddle to DPSUs")
Rajnath Singh approves Rs 400-crore defence testing infrastructure scheme
This is directed towards promoting indigenous defence capability, specifically amongst micro, small and medium enterprises and start-ups
 "Rajnath Singh approves Rs 400-crore defence testing infrastructure scheme")
Govt ends monopoly in coal mining, ups FDI limit in defence manufacturing
The government will put up six more airports for auction and "ease" restrictions on Indian air space, says Nirmala Sitharaman.
 "Govt ends monopoly in coal mining, ups FDI limit in defence manufacturing")
FM hikes FDI in defence production to 74%; ban on imports of some weapons
Items banned for imports can only be purchased from within the country, Sitharaman said
 "FM hikes FDI in defence production to 74%; ban on imports of some weapons")
Higher FDI in defence sector to attract MNCs, give 'Make in India' a boost
The local companies will be at a disadvantage if they don't' get orders from the government
 "Higher FDI in defence sector to attract MNCs, give 'Make in India' a boost")
Defence more aggravated than other sectors amid coronavirus: Rajnath Singh
The Minister was addressing, via video conference, MSMEs E-conclave, jointly organised by SIDM, Confederation of Indian Industry (CII) and Department of Defence Production
China hikes defence budget to $179 bn; nearly three times that of India
China, which has the world's largest military of two million troops, will continue to lower its defence budget growth rate to 6.6% in 2020
 "China hikes defence budget to $179 bn; nearly three times that of India")
Farm start-up Kamatan raises Rs 17.5 cr fresh equity during lockdown
UK-based Global Innovation Fund and existing investor Elevar have infused capital, which will help Kamatan leverage its partnerships with farmer producer organisations
 "Farm start-up Kamatan raises Rs 17.5 cr fresh equity during lockdown")
Gujarat's standing summer crop at risk as state braces for locust attack
Around 33 teams in Banaskantha, 15 in Patan and 10 in Mehsana districts have been formed to oversee the locust situation, apart from ensuring supply of pesticides
 "Gujarat's standing summer crop at risk as state braces for locust attack")
Covid-19 impact: Odisha to bring 3 ordinances to boost agriculture economy
It has been planned to engage 100,000 people daily in the plantation programme in the coming one month.
 "Covid-19 impact: Odisha to bring 3 ordinances to boost agriculture economy")
Poor, farm sector likely to be FM Nirmala Sitharaman's next focus
Some of the sectors which have been worst affected by the pandemic and the lockdown include hospitality, tourism, aviation, logistics, e-commerce, automobiles, manufacturing and others
 "Poor, farm sector likely to be FM Nirmala Sitharaman's next focus")