U.S. records 1,000 deaths in one day from COVID-19, California passes 400,000 cases
Coronavirus News

U.S. records 1,000 deaths in one day from COVID-19, California passes 400,000 cases

By Administrator_India Capital Sands The United States reported more than 1,000 deaths from COVID-19 on Tuesday, according to a Reuters tally, marking the first time since June 10 the nation has surpassed that grim milestone, as California closed in on passing New York in total infections. Nearly 142,000 Americans have now died from the illness […]

India becomes second worst-affected country as COVID-19 cases surpass Brazil's tally
Coronavirus News

Florida coronavirus cases surge for fifth day as Trump pledges outbreak will be under control

By Administrator_India Capital Sands Florida reported over 12,000 new cases of COVID-19 on Sunday, the fifth day in a row the state has announced over 10,000 new infections, even as President Donald Trump pledged that “it’s going to be under control.” The virus has claimed over 140,000 U.S. lives since the pandemic started, and Florida, […]

Covid relaxation: Hotels, malls can stay open in Maharashtra till 10 p.m.
Business

China’s economy rebounds in second quarter after steep slump, consumption and investment still weak

By Administrator_India Capital Sands China’s economy returned to growth in the second-quarter after a deep slump at the start of the year, but domestic consumption and investment remained weak as the shock from the coronavirus crisis underscored the need for more policy support to bolster the recovery. The GDP data, as well as key June […]

State govts begin vaccine price negotiations, eye Rs 150 per dose
Coronavirus News

Zydus begins human trials for potential COVID-19 vaccine

By Administrator_India Capital Sands Indian pharmaceutical company Zydus said on Wednesday it has started human studies for its potential COVID-19 vaccine, as coronavirus infections continue to surge in the world’s third worst-hit nation. ZyCoV-D, its plasmid DNA vaccine, was found to be safe, immunogenic and well-tolerated in the pre-clinical toxicity studies. In the human trials, […]

Reliance's digital unit wins Qualcomm backing in boost to 5G plans
Asia

Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

By Administrator_India Capital Sands India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Reliance’s telecoms venture Jio Infocomm, to “roll out advanced 5G infrastructure and services for […]

PNB reports $491 million DHFL loans as fraud
Economy

PNB reports $491 million DHFL loans as fraud

By Administrator_India Capital Sands Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion rupees ($491 million) to India’s central bank as “fraud.” Indian state-owned lender PNB, which was hit by a $2 billion fraud involving billionaire Nirav Modi in 2018, had already set aside […]