Coronavirus Live Updates: Serum Institute Gets Nod To Make Sputnik Vaccine Coronavirus Live Updates: India has recorded over 2.85 crore Covid cases so far, according to government data.
Updated: June 05, 2021 12:15 pm IST
Covid-19 Cases in India: The positivity rate in India has been below 10% for 11 days running. (File)
New Delhi:
Adar Poonawalla s Serum Institute of India has got permission from the country s drugs regulator to make Sputnik V, the Russian COVID-19 vaccine. Mr Poonawalla s company will test, analyse and then manufacture the vaccine at its Pune plant, sources have said. The test licence granted to the Serum Institute means it can develop and manufacture the product for testing, but not sell it. The first dose of Sputnik V was administered in Hyderabad on May 14 as part of a soft launch by Dr Reddy s Laboratories.
India will receive Covid vaccines from the US as part of the first 25 million doses that country plans to supply under a larger framework, US Vice President Kamala Harris told Prime Minister Narendra Modi during a call.
MPC Meet Live Updates: Reserve Bank kept the repo rates unchanged at four per cent
Reserve Bank of India (RBI) Governor Shaktikanta Das announced the policy decision today, at the end of the scheduled review of the Monetary Policy Committee (MPC) that began on Wednesday, June 2, as it evaluates the economic impact amid the severity of the second wave of the COVID-19 pandemic. The Reserve Bank s monetary policy unanimously voted to maintain the repo rates - the key interest rates at which the RBI lends money to commercial banks - steady at four per cent. The reverse repo rate - the rate at which RBI borrows money from banks, was also unchanged at 3.35 per cent. (
President Biden and Senator Shelley Moore Capito, Republican of West Virginia, discussing the administration’s infrastructure plan last month.Credit.T.J. Kirkpatrick for The New York Times
President Biden is scheduled on Friday to have another discussion with Senator Shelley Moore Capito, Republican of West Virginia, about his push for $1 trillion in spending on roads, bridges, broadband and more as he tries to seize on a positive monthly jobs report.
Ms. Capito is the lead negotiator for a group of Republican senators seeking a compromise with the president on the infrastructure spending package.
The two sides have narrowed what started as an almost $2 trillion gap, with Mr. Biden dropping some of his demands in the hopes of securing bipartisan agreement on at least part of his economic agenda. Republicans have indicated a willingness to slightly increase total spending.
Delhi recorded 576 fresh COVID-19 cases, lowest since March 17, at a positivity rate of 0.78 per cent and 103 more fatalities due to the disease on Wednesday.