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India's economy showed momentum before virus crisis hit home


MONEYWEB
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India’s economy showed momentum before virus crisis hit home
Gross domestic product rose 1.6% from a year earlier in the three months ended March, the Statistics Ministry said Monday.
By Vrishti Beniwal, Bloomberg
1 Jun 2021 
08:23 
Image: Sumit Dayal/Bloomberg
India’s economy expanded faster than expected last quarter before a resurgent coronavirus pandemic unleashed a new wave of challenges.
Gross domestic product rose 1.6% from a year earlier in the three months ended March, the Statistics Ministry said Monday. That was faster than the 1% median estimate in a Bloomberg survey of economists.
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Glaxo Study Has Positive Results; Singapore Curbs: Virus Update


Glaxo Has Positive Results; Taiwan Bans Foreigners: Virus Update
Bloomberg
2 hrs ago
(Bloomberg)
Sanofi and GlaxoSmithKline Plc reported positive results from a mid-stage study, offering optimism their delayed Covid-19 vaccine could be cleared by the end of the year.
Taiwan will ban foreigners from entry as Taipei closes schools while Singapore will move to home-based learning, adding to restrictions on dining in and gatherings.
Thailand reported a record 9,635 new cases, the majority from the country’s prisons, while Indonesia is gearing up for the start of a private vaccination program. The country earlier paused the use of a specific batch of the AstraZeneca Plc vaccine as its regulator investigates side effects. ....

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