Glenmark Pharmaceuticals recently announced top-line results from the third phase of the clinical trials of Favipiravir in mild to moderate Covid-19 patients. The trial was conducted across seven clinical sites in 150 patients in India. Favipiravir is a broad spectrum oral antiviral drug. It selecti...
Amidst the present global economic slowdown triggered by the pandemic, retail chain D-Mart has said that it has recovered 80% of its pre-lockdown business in stores that can function unhindered. The news that the grocery retail chain could bounce back after a few weeks of uncertainty and poor sales ...
India is the second highest consumer of gold after China. But the global pandemic has put the segment under pressure. The country’s economically vulnerable situation has echoed in its gold market. Imports of gold dropped drastically (around 86% year-on-year) during June because of the di...
The Insurance Regulatory and Development Authority of India (IRDAI) has recently published data which states that the life insurance sector has witnessed a year-on-year (Y-o-Y) deceleration of 4.24% in the first quarter of FY 2021. Additionally, CARE Ratings recently revealed that owing to the...
The nationwide lockdown has left a direct impact on the textile industry. The sector offers employment to more than 45 million people in India and has a large number of segments like fabric supply, dyeing, labelling, light metallic clothing accessories manufacturing and ancillary textile...
KONE Elevator India introduces health and wellbeing solutionsKONE Elevator India has introduced a suite of people flow solutions to help buildings and cities to be safer and healthier places to live, work and commute. Amit Gossain, MD, KONE Elevator India said, “In the prevailing COVID-19 environm...
There is a strong wave of anti-China sentiments prevailing in India following the Galwan clash. There are calls to boycott Chinese products. Several electronic stores across the country have stopped the sale of Chinese brands. Electronic equipment is the largest market for Chinese goods i...
The lockdown has increased digital involvement that helped the online streaming apps and the audio book and e-book space to grow. Books are generally preferred in hard copies. But now it has become quite impossible for the sellers and publishers to deliver at readers’ doorsteps compelling th...
There was an apprehension among the people on the eve of the lockdown of that they would have to suffer to get the essential items for daily use from the markets. But thanks to the state governments for their decisions to keep open all the grocery shops and markets for vegetables. Those who de...
The Covid-19 was declared a pandemic by the World Health Organisation on March 11, 2020. This prompted governments worldwide to restrict movement of people, which brought manufacturing, supply chains, trade, distribution channels and general mobility to a halt, negatively impacting economic activiti...
