LIVE: Rahul Dravid appointed head coach of Indian men's cricket team

Live news updates: Logistics firm Delhivery opts for IPO; RBI wants early sale of stressed assets.

8:08 AM

Lenders struggle to sell Reliance Capital's assets

The sale of assets of Reliance Capital, initiated by the lenders of the Anil Ambani company, is going slow due litigation in courts. Lenders have put several assets of the firm, including its insurance ventures, asset reconstruction firm, and securities arm on sale. More here

7:37 AM

WHO panel to decide on Covaxin emergency use

An independent advisory panel of the World Health Organisation will meet on Wednesday to conduct a final emergency-use assessment for the global use of India-made Covaxin vaccine, ANI reported. Covaxin, made by Hyderabad-based Bharat Biotech, has demonstrated 77.8 per cent effectiveness against Covid-19

 

 

7:31 AM

China's Oct services activity expands at faster clip

Activity in China's services sector expanded at a faster pace in October, buoyed by robust demand, although rising inflationary pressures weighed on business confidence for the year ahead, a private survey showed on Wednesday. The Caixin/Markit services Purchasing Managers' Index (PMI) rose to 53.8 in October--the highest since July--from 53.4 in September, Reuters reported. The 50-point mark separates growth from contraction on a monthly basis.

7:10 AM

China envoy defends emissions

China is at a “special development stage” that warrants its current status as the world's biggest emitter of climate-damaging fossil fuel pollution, the nation's senior climate negotiator said Tuesday. Xie Zhenhua, a special climate envoy for China, spoke to reporters at the UN climate summit in Glasgow, the AP reported.

6:27 AM

Modi to reivew Covid vaccinations

Prime Minister Narendra Modi will at noon meet districts with less than 50 per cent coverage of the first dose for Covid-19 and low coverage of the second dose, his office said in a statement.