⚫Raw material imports from US to produce vaccines may take a month. The Joe Biden administration's decision to invoke the US Defense Production Act has blocked exports of crucial raw materials used in vaccine production.
⚫Serum Institute of India said it would price its vaccine Covishield at Rs 400/dose for the central and state govts and Rs 600/dose for private hospitals.
⚫ICMR Director said 0.04% people, who received the second dose of Covaxin, were positive for COVID-19, while 0.03% of people, who took the second dose of Covishield, contracted the infection. He said vaccines reduce the risk of infection and prevent death and severe infection.
⚫States may need Rs 30,000 cr to vaccinate 70% of those in 18-44 age group. Centre's support and private sector participation may relieve some of the load.
⚫India reported 315802 fresh coronavirus infections. The Govt of Maharashtra capped attendance in offices at 15% and restricted travel in suburban trains, metro and monorail to allow only govt employees, medical staff and those seeking medical treatment.
⚫PM appealed to states that lockdowns should be the last option. The PM asked state Govts to urge migrant workers to stay where they are and give them confidence that they wouldn’t lose their income and livelihood.
⚫Covid second wave unlikely to dent FY22 earnings, say analysts. While some sectors such as hotels, entertainment, aviation etc that will bear the brunt of the second Covid wave, the loss will be compensated by strong earnings in some other sectors.
⚫The finance ministry has informally told banks to reimburse or adjust the compound interest they charged customers in line with the Supreme Court’s order asking them to refund “interest on interest” collected from accounts that sought a moratorium.
⚫India reported its biggest ever spike of nearly 300,000 fresh Covid-19 cases. Badly affected cities like Delhi, Mumbai, Ahmedabad, Lucknow, Bhopal, Kolkata, Allahabad and Surat have almost run out of hospital beds.
⚫Maharashtra govt may impose 15-day lockdown starting Wednesday night.
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🔰 CBIC withdrawn the customs duty on imports of Remdesivir and related ingredients
✅ CBIC vide Notification No. 27/2021–Customs, dated April 20, 2021, has exempted certain goods, from the whole of the duty of customs leviable under the Customs Act, 1962, till October 31, 2021.
The Notification can be accessed at: http://www.a2ztaxcorp.com/cbic-withdrawn-the-customs-duty-on-imports-of-remdesivir-and-related-ingredients/
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👉🏻Cabinet approves MoU between ICAI and CA-ANZ
(Cabinet has approved a fresh Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and Chartered Accountants Australia and New Zealand (CA ANZ).
👇🏻 👇🏻 👇🏻
https://bit.ly/3syYOox
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