Expert-Speak

The country's economy, which has shown resilience to come out from a downturn caused by the COVID-19 pandemic, is expected to bounce back from the next fiscal, State Bank of India chairman Dinesh Kumar Khara said on Saturday. There will be a "paradigm shift" which will lead to a more matured economy" with economic players learning to contain costs,...

Prime Minister Narendra Modi on Friday said that the COVID-19 pandemic will remain a watershed moment in history, just like World War II (WWII). The Prime Minister was speaking at the India-Italy Virtual Summit with his Italian counterpart Giuseppe Conte. "COVID-19 pandemic will remain a watershed moment in history, just like WWII. We will have to adapt ourselves to the post-Corona...

A World Health Organization-led scheme to supply COVID-19 drugs to poor countries is betting on experimental monoclonal antibody treatments and steroids but is shunning Gilead's remdesivir blockbuster therapy, an internal document shows. The WHO draft document, seen by Reuters and dated Oct. 30, says the priorities are to secure monoclonal antibodies in a tight market and to boost purchases and...

Democrat Joe Biden edged closer to victory in the U.S. presidential race on Thursday as election officials tallied votes in the handful of states that will determine the outcome and protesters took to the streets. President Donald Trump alleged fraud without providing evidence, filed lawsuits and called for recounts in a race yet to be decided two days after polls...

Prime Minister Narendra Modi on Saturday paid tribute to former prime minister Indira Gandhi on her 36th death anniversary. The then prime minister was assassinated by her bodyguards here in 1984. "Tributes to our former PM Smt. Indira Gandhi Ji on her death anniversary," Modi tweeted. The prime minister had paid tribute to Gandhi in his monthly Mann ki Baat radio broadcast...

Defence Minister Rajnath Singh on Sunday said India wants an end to the border tension with China in eastern Ladakh, but at the same time asserted that Indian soldiers will never allow even an inch of the country to be taken away by anyone. The defence minister made the remarks after performing "Shastra Puja" -- the customary worship of weapons...

Union Finance Minister Nirmala Sitharaman Thursday released the BJPs manifesto for the Bihar assembly polls which seeks to reach out to the youth with the promise of 19 lakh jobs in the next five years and farmers with the assurance of bringing lentils under the MSP regime. Carrying the tagline BJP hai to bharosa hai, the party drew heavily upon...

India's contribution will be critical to fighting COVID-19, especially when it comes to making vaccines for the whole world, Health Minister Harsh Vardhan said on Wednesday, assuring that the government has accorded top-most priority to research and manufacturing to ensure that the vaccine reaches the last person. He made the remarks while virtually addressing the World Bank-IMF annual meeting on...

India's research and manufacturing will be critical to fighting COVID-19 especially for making vaccines on a large scale, billionaire philanthropist Bill Gates said on Monday. Addressing the Grand Challenges Annual Meeting 2020, Mr Gates delved upon the difficulties in vaccine development and diagnostics of COVID-19. The American business magnate said India is "very inspiring" as it has made huge strides in...

The Reserve Bank of India's Monetary Policy Committee decided to hold key rates at existing levels on Friday citing elevated inflation, as widely expected. In a virtual address to the media after the scheduled review by the MPC, RBI Governor Shaktikanta Das said the central bank will continue to remain accommodative for as long as necessary to revive growth...