Government, farmers fail to break impasse on farm laws
The government on Monday refused to roll back farm reform laws, prompting farmers to threaten to step up their weeks-long protests, but the two sides agreed to meet again on Friday.
The government on Monday refused to roll back farm reform laws, prompting farmers to threaten to step up their weeks-long protests, but the two sides agreed to meet again on Friday.
A top executive at an Indian biotechnology company defended its COVID-19 vaccine candidate, approved for emergency use by the government, and said it will produce efficacy data from late-stage trials by March.
In a standoff between farmers from India's northern breadbasket and the government that has convulsed the country, the farmers have a 21st-century ally: a handful of supporters scattered around the world running a Twitter handle.
Indian shares notched record closing highs on Monday for a second straight session of the new year, as investor sentiment lifted after the country gave emergency use approvals to two coronavirus vaccines over the weekend.
India's factory sector ended a rough 2020 on a stronger note as manufacturers boosted production to meet rising demand, a private survey showed on Monday, although the employment situation worsened as firms continued to reduce headcounts.
India's Reliance Industries on Monday asked government authorities to help stop attacks against its telecommunication masts by protesting farmers, who have alleged that the conglomerate has profited from farm reforms at their expense.
India has approved two COVID-19 vaccines, one developed by AstraZeneca along with Oxford University and the other by local company Bharat Biotech, paving the way for the world's second most populous country to join the list of nations launching immunisation campaigns.
Japan's beer maker Kirin Holdings will invest $30 million in New Delhi-based B9 Beverages, the companies said on Monday, as it seeks to secure a spot in India's growing craft beer market amid falling sales at home.
India's power ministry has proposed pushing back the deadlines for adoption of new emission norms by coal-fired power plants, saying "an unworkable time schedule" would burden utilities and lead to an increase in power tariffs.
Japanese automaker Nissan Motor Co will ramp up production at its car plant in India to meet demand for its Magnite sports-utility vehicle (SUV), which it also plans to export, a senior executive said on Monday.
Brazil made a diplomatic push on Monday to guarantee an Indian-made shipment of British drugmaker AstraZeneca's COVID-19 vaccine, hoping to avoid export restrictions that could delay immunizations during the world's second-deadliest outbreak.