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India-EU virtual summit to focus on limited trade deal, bilateral investment treaty
On the eve of the Summit India and the European Union in a landmark move on Tuesday signed a civil nuclear agreement to set the stage for the India-EU virtual summit. The India-EU nuclear pact will be research-oriented in areas such as medicine, water and environment.
Covid-19 impact: India's air connectivity to be restored with US, 4 other nations
The govt has ensured that Indian carriers get equal share of flights under the pacts. These flights would provide connectivity to people who would want to travel urgently, but may not mean tourists travelling as that would depend on the guidelines of the respective countries and the home ministry guidelines for passengers travelling to India. India has not yet opened itself for foreign tourists.
JPC on data bill to meet on Friday after 4 months; govt officials to brief the committee
The committee last sought stakeholder feedback in February and wrote to the companies and institutions asking for a presentation from them which will support the “oral submission” that they make when they appear before the committee. The date of submission of the presentations was June 8.
Uptick in rural financing renews hope for recovery of coronavirus-hit Indian economy
Leading finance companies such as Cholamandalam, Mahindra Finance, HDFC, L&T and Manappuram are seeing a 40-60% higher collections and disbursements from their rural branches. Manappuram microfinance collections have grown from 15% in May to 55% in June. In July, it could touch 75%. Vehicle finance improved from 35% collections in May to 75% in June.
Government lab starts testing Oxford’s vaccine candidate to determine its sterility
The Central Drugs Laboratory in Kasauli, Himachal Pradesh, is testing the first batch of the vaccine candidate to determine its sterility — to find out if the vaccine is of standard quality and is safe to be injected — sources in health ministry told ET.
Anthony Fauci cautiously optimistic: Countries need to pull back to contain the spread
“We did not shut down entirely and that’s the reason why we went up. It had started to come down, and then we plateaued at a level that was really quite high, about 20,000 infections per day. Then as we started to reopen, we are seeing the surges that we are seeing today,” Fauci said.