BUSINESS

Pfizer vaccine may protect against UK variant of coronavirus, study claims

10:20 pm January 8, 2021

New Delhi: Scientists have found evidence that the COVID-19 vaccine co-developed by the US pharmaceutical giant Pfizer and German biotechnology company BioNTech may protect against the novel coronavirus variant which originated in the UK and has been reported in several parts of the world, including India. In a yet-to-be peer reviewed research, scientists from the University of Texas Medical Branch in the US, […]

Continue to be bullish on Indian e-commerce market: Snapdeal CEO

10:18 pm January 8, 2021

New Delhi: Snapdeal continues to be bullish on the e-commerce market in India and is focussed on providing customers outside of metros access to great quality products at affordable prices, its co-founder and CEO Kunal Bahl said on Friday. Speaking at the 25th Wharton India Economic Forum, Bahl said India has seen massive growth in internet user base with addition of over 500 million internet […]

Gold plunges Rs 614, silver tanks Rs 1,609

5:49 pm January 8, 2021

New Delhi: Gold prices fell Rs 614 to Rs 49,763 per 10 gram in the national capital on Friday, tracking a weak global trend, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 50,377 per 10 gram. Silver prices also plunged Rs 1,609 to Rs 67,518 per kilogram from […]

Rupee recovers 7 paise to close at 73.24 a dollar

5:34 pm January 8, 2021

Mumbai: The Indian rupee staged a smart recovery from the day’s lowest level to end 7 paise higher at 73.24 against the US dollar on Friday, tracking an intense rally in domestic equities. Starting off on a sluggish note, the Indian unit fell to a low of 73.45 against the American currency during the session, […]

CMS holds Global Interfaith Convention to promote communal harmony

US trade deficit jumps to $68.1 billion in November

9:18 pm January 7, 2021

Washington : The US trade deficit jumped to USD 68.1 billion in November as a surge in imports overwhelmed a smaller increase in exports. The November gap between what America buys from abroad compared to what it sells abroad rose by 8 per cent from the October deficit of USD 63.1 billion, the Commerce Department said Thursday. Through the […]