India

India to host 2023 International Olympic Committee session in Mumbai 0
- India
- February 19, 2022
India has won the bid to host the 2023 International Olympic Committee’s (IOC) session in Mumbai, in an unopposed race on February 19. The Indian delegation made its presentation to IOC members during the 139th IOC Session, being held alongside the ongoing Winter Olympics in Beijing. This will be the first time in four decades
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Antibiotic Azithral beats top-selling anti-diabetic drug amid Omicron surge 0
- India
- February 16, 2022
Antibiotic medicine Azithral became the largest-selling pharma brand in January 2022 for the first time ever, overtaking the market leader anti-diabetic therapy – Human Mixtard. During the third wave in India, when Omicron cases rose exponentially, the widely-prescribed antibiotic registered a growth of 100% in January over December to net Rs 73 crore sales in the organised
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IIT Delhi launches new website to help students prepare for JEE, NEET 0
- India
- February 15, 2022
The Indian Institute of Technology, Delhi has launched a website to help students of classes 11 and 12 prepare for competitive examinations. The website, called IIT-PAL (Professor Assisted Learning), will allow students to watch video lectures and interact with IIT professors live. “IIT-PAL was started with an aim to make their (students’) understanding of the
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Govt bans import of drones; provides certain exceptions 0
- India
- February 10, 2022
The government on Wednesday banned import of foreign drones with certain exceptions as part of efforts to promote domestic manufacturing of drones in the country. Import of drones for R&D, defence and security purposes have been exempted from the ban but such imports will require due clearances. “Import of drone components, however, shall not require
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Oil cos likely to absorb Rs 2 per litre excise duty on unblended petrol 0
- India
- February 3, 2022
The Rs 2 per litre excise duty on unblended fuel is not likely going to impact most consumers according to officials from oil marketing companies. This additional duty on petrol proposed in the Budget 2022-23 will have to be absorbed by the oil companies instead. Highlighting Centre’s focus, Finance Minister Nirmala Sitharaman said, “Blending of fuel is
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Budget bets big on public infra: Subsidy bill falls as Covid concern eases 0
- India
- February 2, 2022
While presenting the Union Budget on Tuesday, Finance Minister Nirmala Sitharaman stressed the “overall sharp rebound and recovery” of the Indian economy from the Covid-19 pandemic. Yet this optimism did not extend to the Budget’s numbers, which assumed that nominal growth in 2022-23 would be 11.1 per cent in spite of a global inflationary environment and the
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