Page 11 - Video Gallery

Who will get Covid vaccine first? Serum CEO on distribution, pricing & Modi

Serum Institute of India CEO Adar Poonawalla said that the coronavirus vaccine will be distributed initially in India and then the company will look at Covax countries, which are mainly in Africa. Serum Institute of India (SII) is conducting clinical trials of AstraZeneca-Oxford's COVID-19 vaccine candidate in India. Watch the full interview.

Covid vaccine with no 'serious side-effects', but India faces cold-reality

Global drugmakers Pfizer and BioNTech have said that their Covid-19 vaccine was found 95 per cent effective in the final analysis of the Phase 3 trial, including in people aged over 65 years, paving the way for the companies to apply for emergency authorisation from US regulators within days. Based on current projections, the companies expect to produce globally up to 50 million vaccine doses in 2020 and up to 1.3 billion doses by the end of 2021. The major announcement comes just two days after leading biotechnology company Moderna said on Monday its virus vaccine had an efficacy rate of 94.5 per cent. But will the Pfizer vaccine be available in India? Watch the video >

Watch: Are we on track to checkmate coronavirus pandemic in 2021?

Coronavirus vaccine update: World Health Organisation (WHO) director-general A G Tedros has said that a vaccine by itself will not stop coronavirus pandemic. He explained that a vaccine will complement the other tools we have, but will not replace them. The statement has come at a time time when US-based biotech giants Moderna claimed its vaccine is 94.5% effective. So, taking both claims into account, can we say that we are on track to checkmate the pandemic by 2021?

PLI scheme explained: Modi govt's subsidy plan to boost local manufacturing

The government yesterday approved a Production-Linked Incentive (PLI) scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 trillion over a five-year period. The scheme will help encourage domestic manufacturing, reduce imports and generate employment as the government works to bolster economic growth. The financial outlay for the new scheme will be Rs 1,45,980 crore.

Reliance Jio now moves into 5G: Qualcomm deal and what it means for India

Qualcomm and Reliance Jio have announced they have aligned efforts on 5G in order to fast-track development and rollout of indigenous 5G network infrastructure and services in India. The latest progress on the 5G product portfolio neatly dovetails into Jio's overall plans to develop homegrown 5G telecom solutions, as was outlined by Reliance Industries' Chairman Mukesh Ambani at the company's annual general meeting in July this year.

Shopping, gifting trends: Will Diwali ignite India's consumption story?

It’s that time of the year when the people fast and feast, give and take, spend and splurge. Navratris or nine nights have begun and in the run up to Diwali, the biggest festival for the Indian retail industry too. Shopping and gifting form an essential part of the celebrations. However, COVID-19 pandemic has fundamentally changed the world as we know it. People are living differently, buying differently and in many ways, thinking differently. Are they buying local, will it be an e-commerce led Diwali? Will there be new product categories owing to changing needs and aspirations? What will be the key trends in festive gifting? To answer this and more, we have with us one of the most credible voices in Indian retail industry, Mr Arvind Singhal - Chairman & Managing Director - Technopak Advisors

Will Delhi become a gas chamber again? 'Poor' air quality and the Kejriwal promise

High levels of air pollution in Delhi is a year-round problem, which can be attributed to unfavourable meteorological conditions, farm fires in neighbouring regions and local sources of pollution. Chief Minister Arvind Kejriwal, however, has announced 'some bold measures' to control the pollution level this time. Only time will tell whether we witness a cleaner capital or a gas chamber again this winter.

World's fastest electric plane: Who's making? Let's find out

The British luxury automobile maker aims to beat the current world record of all-electric flight and plans to fly the first plane later this year. Watch video for more.

Unlock BFSI 2.0: Mutual funds — Is the market running ahead of economy?

In this special Business Standard webinar, the biggest names in India's mutual fund industry discuss if the market running ahead of the economy >

Unlock BFSI 2.0: Fintech — All roads lead to the digital world

In this special Business Standard webinar, India's biggest leaders in financial technology space discuss the importance of digital technology for the financial services sector

Unlock BFSI 2.0: Will Rural India be the new driver of growth?

In this special Business Standard webinar, India's biggest leaders in banking and financial services discuss whether and how rural India could prove to be the next growth driver >

Equity gauges in the green, metal and auto stocks gain

Mumbai, May 19 (ANI): Equity benchmark indices rebounded during early hours on Tuesday in line with global cues with metal and auto stocks gaining ground. At 10:15 am, the BSE S-P Sensex was up by 536 points or 1.78 per cent at 30,565 while the Nifty 50 edged higher by 159 points or 1.8 per cent at 8,982. Except for PSU bank, all sectoral indices at the National Stock Exchange were in positive zone with Nifty metal and auto up by 1.7 per cent each, private bank by 1.5 per cent and pharma by 0.7 per cent. Among stocks, telecom major Bharti Airtel gained by 7.9 per cent to Rs 580.90 per share despite reporting a net loss of Rs 5,237 crore in the January to March quarter.

Equity indices slip 2 pc on lockdown extension, Nifty bank down 4.5 pc

Mumbai, May 18 (ANI): Equity benchmark indices traded in the negative territory during early hours on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus pandemic. Besides, the government announced a final set of measures under its stimulus package to revive the economy and make India a self-reliant nation. At 10:15 am, the BSE S-P Sensex was down by 692 points or 2.22 per cent at 30,406 while the Nifty 50 edged lower by 205 points or 2.24 per cent at 8,932. All sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 5.1 per cent, PSU bank by 4.5 per cent and financial service by 4.3 per cent. Among stocks, IndusInd Bank was down by 6.5 per cent to Rs 391.40 per share while ICICI Bank slipped by 6.4 per cent, Axis Bank by 5.7 per cent and State Bank of India by 4.1 per cent. Auto majors Maruti Suzuki and Tata Motors skidded by 3.7 per cent and 3.6 per cent. However, those which gained with thin marg

Rs 10,000 crore scheme for formalisation of Micro Food Enterprises: FM Sitharaman

New Delhi, May 15 (ANI): Finance Minister Nirmala Sitharaman on May 15 announced Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFE). "The scheme promotes PM's vision of 'Vocal for Local with global outreach'," she further added. Finance Minister unveiled the third tranche of the Rs 20 lakh crore COVID-19 economic package announced by Prime Minister Narendra Modi on May12.

Essential Commodities Act will be amended to de-regulate agri products: FM Sitharaman

New Delhi, May 15 (ANI): Union Finance Minister Nirmala Sitharaman on May 15 announced that the central government will amend the Essential Commodities Act to enable better price realization for farmers. In a press conference, Sitharaman said, "Government to amend the Essential Commodities Act to enable better price realization for farmers; agriculture products including cereals, edible oils, oilseeds, pulses, onions and potatoes to be de-regulated."

Equity indices slip amid weak global cues, Tata Motors drops 4 pc

Mumbai, May 14 (ANI):Equity benchmark indices traded nearly 1.5 per cent lower during early hours on Thursday amid weak global cues after US Federal Reserve Chairman Jerome Powell warned of extended economic weakness due to the coronavirus pandemic. Besides, a top World Health Organisation official said the virus may never go away. A day earlier, Finance Minister Nirmala Sitharaman gave out break-up for a part of the Rs 20 lakh crore economic stimulus announced by Prime Minister Narendra Modi. But that did not seem to cheer investors. At 10:15 am, the BSE S and P Sensex was down by 497 points or 1.55 per cent at 31,512 while the Nifty 50 edged lower by 136 points or 1.45 per cent at 9,248. Except for Nifty FMCG and pharma, all sectoral indices at the National Stock Exchange were in the negative zone with Nifty IT down by 2.3 per cent, auto by 1.6 per cent and financial service by 1.4 per cent. Among stocks, Tata Motors lost by 4 per cent to Rs 83.70 per share and Mahindra and Mahindra

Equity indices gain after PM Modi announces Rs 20 lakh crore stimulus

Mumbai, May 13 (ANI): Equity benchmark indices traded higher during early hours on Wednesday, a day after Prime Minister Narendra Modi announced an economic stimulus package worth Rs 20 lakh crore amounting to 10 per cent of the GDP to alleviate the pain caused by COVID-19. In an evening address to the nation, the Prime Minister has also said that the countrywide lockdown will extend post-May 17 with new rules to allow more industrial and business activities. At 10:15 am, the BSE S and P Sensex was up by 697 points or 2.22 per cent at 32,068 while the Nifty 50 edged higher by 196 points or 2.13 per cent at 9,393. Except for Nifty pharma, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank up by 3.5 per cent, financial service by 3.1 per cent and auto by 2.8 per cent. Among stocks, private lenders gained the most with ICICI Bank advancing by 5.53 per cent to Rs 338.95 per share, HDFC Bank by 4.1 per cent and Axis Bank by 3.4 per cent. La

Stock indices in the green, Reliance jumps after Vista Equity Partners invests in Jio

Mumbai, May 08 (ANI): Equity benchmark indices traded higher during early hours on Friday in line with positive global cues and expectations of an economic stimulus to cushion the impact of COVID-19 pandemic. At 10:15 am, the BSE S and P Sensex was up by 396 points or 1.26 per cent at 31,839 while the Nifty 50 edged higher by 114 points or 1.24 per cent at 9,313. All sectoral indices at the National Stock Exchange were in the positive terrain Nifty private bank up by 1.8 per cent, financial service by 1.4 per cent and FMCG by 1.5 per cent. Shares of Reliance Industries climbed 2.4 per cent to Rs 1,543.55 per share after Vista Equity Partners announced an investment of Rs 11,367 crore in its Jio Platforms for a 2.32 per cent stake. This is Jio Platforms' third deal after Facebook and Silver Lake's share acquisition plans over the last two weeks. Dr Reddy's gained by 4.4 per cent, Hindustan Lever by 3.3 per cent and Hindalco by 2.5 per cent. Private sector lenders IndusInd Bank, ICICI Ba

Lockdown 3.0: Samsung resumes phone manufacturing in Noida

Noida (Uttar Pradesh), May 08 (ANI): Samsung has resumed its functioning amid lockdown 3.0 in Uttar Pradesh's Noida. Samsung plant has got permission from Noida administration. Around 3000 workers were brought to factory by buses. Samsung was issued fresh guidelines from Uttar Pradesh Government for its functioning. Certain relaxations have been announced in third phase of lockdown for economic activities. Lockdown was extended till May 17 in view of coronavirus situation.

Equity indices witness lacklustre trading, FMCG stocks tumble

New Delhi, May 7 (ANI): Equity benchmark indices traded lower during early hours on Thursday tracking weak global cues as investors globally pondered over the economic impact of coronavirus pandemic. At 10:15 am, the BSE S-P Sensex was down by 108 points or 0.34 per cent at 31,578 while the Nifty 50 edged lower by 39 points or 0.42 per cent at 9,232. Except for Nifty FMCG and financial services, all sectoral indices at the National Stock Exchange were in the positive terrain with thin margins. Hindustan Unilever slipped by 2.8 per cent after the company's 4.23 per cent equity changed hands in a block deal. Reports said Britain-based GlaxoSmithKline was to offload shares worth Rs 26,000 crore in the FMGC major. Britannia slipped by 2.7 per cent while Nestle India lost by 1.6 per cent. The other prominent losers were Bharat Petroleum Corporation, ONGC, Kotak Mahindra Bank, Bharti Airtel and Wipro. However, Adani Ports gained by 3.2 per cent to Rs 279 per share. Private lenders IndusInd B