Tag: india
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India enters first recession in 73 years
India’s economy contracted 7.5 percent between July and September, performing the poorest among major advanced and emerging economies and entering a technical recession for the first time since independence, official data showed Friday. Although the figures were an improvement on the record 23.9-percent contraction recorded last quarter, they indicate that Asia’s third-largest economy is in…
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India-made COVID-19 vaccine to be launched February -Official
An Indian government-backed COVID-19 vaccine could be launched as early as February -months earlier than expected – as last-stage trials begin this month, a senior government scientist said. The studies have so far showed it is safe and effective, a scientist added. Bharat Biotech, a private company that is developing COVAXIN with the government-run Indian…
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India seeks closer ties with Nigeria as trade volume reaches $14 bn
India has expressed its readiness to deepen economic ties with Nigeria towards promoting investment and trade between both countries. Amb. Abhay Thakur, High Commissioner of India to Nigeria, said this during a courtesy visit to Gov. Abdullahi Ganduje on Friday in Kano. Thakur noted that India and Nigeria had long-standing relations based on mutual respect…
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India extends world’s biggest virus lockdown
India’s nationwide coronavirus lockdown, the biggest in the world covering 1.3 billion people, will be extended until May 3, Prime Minister Narendra Modi said Tuesday. The move comes despite complaints from millions of poor, a vast underclass who have been left almost completely without support as jobs have vanished and incomes dried up. “From the…
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Coronavirus dampens Holi festivities in India
The big, exuberant neighbourhood parties that mark Holi were few and far between in New Delhi on Tuesday as northern India celebrated the annual festival of colours under the cloud of the new coronavirus. ALSO READ:Scarcity of E-Passport will affect 2020 – Hajj-IHR India has so far reported 47 positive cases of the virus and…
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Indian citizenship law in court battle as protests continue
India’s Supreme Court on Wednesday asked the government to reply within four weeks to a clutch of petitions challenging the constitutional validity of a new citizenship law as protests against it continued. The Citizenship Amendment Act (CAA) 2019 omits Muslims from a list of religious groups from three neighbouring Muslim-majority countries who are entitled to…