Chief Economic Adviser K V Subramanian on Monday said India is likely to post current account surplus in the current financial year as there is moderation in import due to under heating of the economy triggered by the COVID-19 crisis. This crisis is different from what the world witnessed during the taper tantrum, he said while addressing a virtual conference organised by industry body CII.Taper tantrum phenomenon refers to the 2013 collective reactionary response that triggered a spike in US treasury yields, after investors learned that the US Fed was slowly putting brakes on its quantitative easing (QE) program. This led to a surge in inflation to high double digits emerging economies.In contrast, he said, the COVID crisis is different and India identified the nature of this crisis and treated it differently from other economic crises of the past.Noting that COVID crisis is a crisis to demand and primarily a negative shock to demand, Subramanian said, India's response was suitably … [Read more...] about India likely to report current account surplus for current fiscal year: CEA Krishnamurthy Subramanian
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Pune: Two hospitals in Pune district — the KEM Hospital Research Centre in Shirur and Noble Hospital in the city — have been selected as potential host sites for the mid-stage human trials of the Sputnik V Covid vaccine developed by Russia. The names of the hospitals were recently uploaded on the website of the Clinical Trials Registry-India (CTRI).A senior official from the Hyderabad-headquartered Dr Reddy’s Laboratories confirmed the development and said the Sputnik V trial could involve as many as 1,600 volunteers from India — 100 in phase II and 1,500 for phase III. The pharma major has partnered with the Biotechnology Industry Research Assistance Council (BIRAC), Department of Biotechnology (DBT), government of India, for advisory support on the clinical trials the vaccine, which are expected to begin once the volunteers are screened. The official said that process is likely to start in a couple of weeks. The Dr Reddy's official said, “The vaccine has … [Read more...] about Pune: 2 hospitals in district likely to host mid-stage human trial study for Russian vaccine
The role of cybersecurity leaders has expanded tremendously, moving to drastic operational changes, rising remote working practices and changes in regulations, thereby presenting CISOs with a prospect of taking thought leadership within the company beyond planning and implementing technology controls. “CISOs now have to be continually looking for the new fraud scenarios that are coming up and constantly enhancing the cyber risk posture of the organisation,” said Harmeen Mehta, Global CIO, Head- Cloud & Security Business at Airtel. Achieving full security against attacks is something which never happens as the cyber threat landscape is ever-evolving and companies to need to keep on evolving to defend against the same. The Covid crisis has made defending the data even more difficult as the new normal of remote working has paved the way for new threat vectors. Earlier in the corporate environment, the companies used to restrict lots of access and the there was a sense of … [Read more...] about CISOs need to think like criminal and act like custodian: Airtel CTO
MARTINSBURG, W.Va. (AP) — A West Virginia teenager has been sentenced to three to 15 years in prison for a drunken driving accident that killed a teen passenger in his vehicle. … [Read more...] about West Virginia Teen Sentenced For Drunk Driving Crash That Killed 18-Year-Old Passenger
TV and Bollywood actress Karishma Tanna has got a great personality and that's the reason why all kind of outfits suits her perfectly. From dresses to jeans-top to sarees to suits, the actress keeps treating her fans with stunning pictures on Instagram. Recently, Karishma shared her two different ethnic looks- one was a brown printed suit while the other was powder-blue crop top and skirt. Her both the outfits looked impressive and festive-perfect. So, let us take a close look at her both outfits and find which one is better. … [Read more...] about Karishma Tanna In Ethnic Suit And Crop Top-Skirt, Which Printed Ensemble Of Hers Did You Like More?