Russia’s invasion has forced around a quarter of the population of 44 million to leave their homes, turned cities into rubble and killed or injured thousands. (Image: State Emergency Service in Kyiv Oblast/Handout via REUTERS)The Biden administration will send more weapons to Ukraine to prevent Russia from seizing more territory and targeting civilians, attacks that…Continue Reading
The World Health Organization has suspended supply through United Nations agencies of COVID-19 vaccine Covaxin, produced by India’s Bharat Biotech, to allow the manufacturer to upgrade facilities and address deficiencies found in an inspection. The WHO asked countries that have received the vaccine to take appropriate actions, according to the statement, but did not specify…Continue Reading
A global supply crunch of electrolysers needed to produce green hydrogen and a lack of domestic manufacturers to make them pose a major challenge to India’s ambitious targets to use the zero-carbon fuel, a government official told Reuters. India, which unveiled the first phase of its hydrogen policy on Thursday, plans to manufacture 5 million…Continue Reading
SynopsisThe company’s existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Tata Capital Financial Services Ltd., plan to sell as many as 59.48 million shares in the IPO, according to a draft prospectus. ThinkStock PhotosThe Chennai-based company plans to repay some of its debt, and buy out minority shareholders in its U.K.…Continue Reading
Without giving any guidance for retail inflation going forward, the Economic Survey 2021-22 on Monday said prices were mostly controlled during the current fiscal year so far on the back of better supply-side management, as well as reduction in duties in fuel prices. However, imported inflation in edible oil and pulses jacked up the prices…Continue Reading
The Ministry of External Affairs has said that India will supply wheat consignments to Afghanistan through Pakistan in beginning of February. “Pakistan has allowed the transportation of Indian Wheat assistance for Afghanistan on humanitarian grounds on exceptional basis. We have conveyed to the Indian side the necessary details of arrangements put in place by Pakistan…Continue Reading
Amid increasing concerns over a new coronavirus (COVID-19) wave in India due to the new variant Omicron, which is believed to be highly transmissible, Prime Minister Narendra Modi held a high-level meeting on Thursday (December 23) with experts to check the nation’s preparedness. He reviewed the status of public health response measures for containment and…Continue Reading
SynopsisThe active materials used in such cells—ones that undergo chemical reactions to store power—require sophisticated manufacturing processes that are cost-competitive only at a large scale. These supply chains have already been set up in other countries, like China and South Korea, and setting the same in India will be challenging unless there was sufficient scale.AgenciesThe…Continue Reading