Covid LIVE: India resumes vaccine exports as domestic stocks build up

Live news updates: India allows domestic flights to fly at full capacity; IMF maintains growth projection for country.

11:56 AM

PM GatiShakti-National Master Plan will give a push & direction to various development plans: Piyush Goyal

PM GatiShakti-National Master Plan will give a push & direction to various development plans & will also encourage investments. Under the leadership of PM Modi, the G20 summit will be held here in 2023 for the first time: Union Minister Piyush Goyal at Pragati Maidan, in Delhi

11:45 AM

Watch video | PM Narendra Modi launches Gati Shakti National Master Plan

11:34 AM

LIVE updates: PM Narendra Modi launches Gati Shakti master plan shortly

LIVE updates: PM Narendra Modi launches Gati Shakti master plan shortly

11:18 AM

India looks at close to double digit growth this year, says FM Sitharaman

India is looking at near close to double-digit growth this year and the country will be one of the fastest-growing economies, Finance Minister Nirmala Sitharaman has said.
 

The minister also emphasised that she expects the economic growth next year to be in the range of 7.5-8.5 per cent, which will be sustained for the next decade.

“As regards the growth of India, we are looking at near close to double-digit growth this year and this would be the highest in the world. And for the next year, on the basis of this year, (the) growth would definitely be somewhere in the range of eight (per cent),” Sitharaman said here on Tuesday during a conversation at Harvard Kennedy School.
 

She noted that while the Ministry of Finance has not done any assessment as yet about the growth number, but the World Bank, IMF and rating agencies have all come nearer to this kind of growth number for India.

11:04 AM

US President Biden to welcome Kenya's president Uhuru Kenyatta to White House

Biden to welcome Kenya's president Uhuru Kenyatta to White House, the first African leader to visit Washington since the veteran US Democrat took office: official

 

10:39 AM

Over 97.79 crore Covid-19 vaccine doses provided to states, UTs: Centre

More than 97.79 crore Covid-19 vaccine doses have been provided to states and UTs so far, the Union Health Ministry said on Wednesday.

 

Over 8.43 crore balance and unutilised vaccine doses are still available with the states and UTs to be administered, it said.

 

The vaccination drive has been ramped up through availability of more vaccines, advance visibility of vaccine availability to states and UTs for enabling better planning by them, and streamlining the vaccine supply chain, the ministry said.

 

More than 97.79 crore vaccine doses have been provided to States/UTs so far through Govt of India (free of cost channel) and through direct state procurement category, the ministry said.

10:10 AM

Market update: Sensex rises 243 points in the opening trade

Stock market LIVE: Markets cheer better-than-expect inflation, IIP numbers; Focus now on Q2 earnings of Infosys, Wipro and thirteen other firms, including Mintree, Birlasoft and AB Money

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9:53 AM

World news: US to reopen its land borders for non-essential travel in November after a 19-month freeze

The US will reopen its land borders for non-essential travel in November after a 19-month freeze. All international visitors will need to be vaccinated against the coronavirus: Associated Press

9:37 AM

Coronavirus update: India reports 15,823 new Covid-19 cases, 22,844 recoveries

India reports 15,823 new Covid-19 cases, 22,844 recoveries, and 226 deaths in last 24 hrs, as per Union Health Ministry

 

Total cases 3,40,01,743

Active cases: 2,07,653

Total recoveries: 3,33,42,901

Death toll: 4,51,189

8:29 AM

ONGC sells Dec crude at highest premium since Jan 2020

ONGC Videsh has sold a cargo of Russian Sokol crude loading in December at the highest premium since January 2020, Reuters reported quoting trade sources. The 700,000-barrel cargo was sold to European trader Mercuria at $5.30 a barrel above Dubai quotes.

 

8:23 AM

Hong Kong cancels morning trading for typhoon

Hong Kong suspended schools and the city’s $6.3 trillion stock market canceled morning trading as strong winds and rain from typhoon Kompasu lashed the financial hub, Bloomberg reported.

 

8:01 AM

England warned of extreme weather events

England will be hit hard by floods like those that devastated Germany this summer if the country does not improve its defence against more extreme weather brought by climate change, a governmental agency said Wednesday. The Environment Agency warned of hotter, drier summers, more and worse flooding, rising sea levels and greater demand on water supplies due to global warming, said Reuters.

7:33 AM

32 Tihar prison official colluded with Unitech promoters: Police

The Delhi Police on Tuesday charged 32 officials of the city’s Tihar prison with corruption and helping Ajay Chandra and Sanjay Chandra, the former promoters of real estate firm Unitech. The brothers were shifted to prisons in Mumbai in August on the Supreme Court’s orders. A probe ordered found Tihar’s officials were colluding with them to flout the court’s orders and undermining its jurisdiction.

 

7:11 AM

Yellen, Sitharaman to meet in Washington

US Treasury Secretary Janet Yellen will meet Finance Minister Nirmala Sitharaman in Washington on Thursday for the next round of India Economic and Financial Partnership. “This meeting builds on the recent momentum in the US-India relationship and will address a range of critical issues, including economic recovery from the global pandemic, climate finance, multilateral priorities, financial regulation, and AML/CFT,” the Department of Treasury said, according to PTI.

 

6:35 AM

Modi to launch GatiShakti plan

Prime Minister Narendra Modi will today launch the GatiShakti-National Master Plan, which aims to improve coordination among government agencies for infrastructure projects. The plan will break departmental silos and institutionalise holistic planning for the stakeholders across major infrastructure projects, said his office earlier.