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If trials are successful, Serum Institute to sell coronavirus vaccines for Rs 1,000, says CEO Adar Poonawalla

Adar Poonawala, CEO of Serum Institute of India, says he is taking the risk of initiating production even before the vaccine has reached advanced clinical trials




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Coronavirus crisis: Why television industry is bleeding despite record consumption

While marketing and promotional activity is not an immediate priority for advertisers struggling to re-build their own businesses, revenues will remain subdued through the middle of 2021




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Coronavirus crisis: How will Indian auto industry change post COVID-19 lockdown

With most auto-stocks down by nearly 40-70% since February 2020, the post-COVID-19 scenario might see consumers move away from all forms of shared mobility to more personal forms of transport




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Coronavirus outbreak: 3 inevitable changes COVID-19 pandemic will bring about in the world order

Once the menace of COVID-19 pandemic is over, a new ecopolitical order will emerge which will be more focussed on human development, infrastructure around health and education, climate preservation and most importantly on people




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Coronavirus impact: What Indian companies need to do to survive in a post COVID-19 world

Companies' success in the next 18 months won't be determined by their growth or profitability, but merely by their ability to survive and not run out of cash




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Tax-News.com: Nautilus Welcomes Progress On Maritime Labour Convention Amendment

Nautilus, an international trade union for maritime workers, has welcomed the outcome of top-level talks on updates to the Maritime Labour Convention to include measures to address bullying and harassment and to safeguard seafarers' wages when they are held captive.




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Tax-News.com: Hong Kong, Russia DTA Enters Into Force

The comprehensive double taxation agreement between Hong Kong and Russia, which was signed in January this year, entered into force on July 29, 2016, and will be in effect in Hong Kong for any year of assessment beginning on or after April 1, 2017.




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Tax-News.com: India To Amend GST Rates On Oil, Gas Industry

India's Goods and Services Tax Council has proposed new GST rates for the oil and gas industry.




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Coronavirus: Malaria drug HCQ fails to show any positive results

Among patients given hydroxychloroquine, 32.3% ended up needing a ventilator or dying, compared with 14.9% of patients who were not given the drug




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Coronavirus lockdown: JK Tyre to resume partial operations across country

The company has also resumed operations at its global research and development hub located in Mysore, Karnataka




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$1.5 billion impact! Coronavirus lockdown, supply disruptions badly hit pharma exports

According to figures declared by the Pharmaceutical Export Promotion Council of India (Pharmexcil), pharmaceutical exports registered a growth of 11.21 percent during the first quarter of FY20




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Coronavirus: Indigo implements pay-cuts again after rolling back decision

Coronavirus impact: IndiGo CEO Ronojoy Dutta told the employees that they are left with no option but to implement pay-cuts. The airline had earlier rolled back its decision to cut pay




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Dr Reddy's Srikakulam plant receives USFDA nod; lifts overhang

The move lifts the overhang of a warning letter for a plant that Dr Reddy's had been dealing with for long. Now all their plants have become USFDA compliant




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Reliance Jio launches Rs 2,399 annual data plan for 'work from home' users; check out details

Jio has also announced new add-on data packs under work from home theme




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Coronavirus: Triple antiviral drug shows positive results in trial

The findings, published in the Lancet medical journal, showed that on average, people who got the triple drug reached the point of no detectable virus five days earlier than those in the control group - at 7 days versus 12 days




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Tax-News.com: Singapore To Give GST Rebate To 880,000 Households

Singapore's Ministry of Finance has announced that about 880,000 Singaporean Housing and Development Board (HDB) households will receive the next installment of the GST Voucher – Utilities-Save (U-Save) rebate in January 2018.




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Tax-News.com: UK Lawmakers Discuss Potential Post-Brexit Free Zones

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area.




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Tax-News.com: TPP Nations Agree To Continue Without US

The remaining eleven signatories to the Trans Pacific Partnership pact have agreed to seek an accord without the United States.




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Tax-News.com: China To Probe Dumping Of Styrene by US, Korea, Taiwan

China has made a number of announcements on anti-dumping duty orders, including to launch an investigation into US, Korean, and Taiwanese exports of styrene, which is used to manufacture plastics and resins.




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Tax-News.com: Malaysia's 2018 Budget Includes Various Tax Relief Changes

The Malaysian Government in its Budget 2018 announced numerous tax changes, including an income tax cut, incentives for women to return to work, and tax relief for property investors and venture capital firms.




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Tax-News.com: Australia Seeking To Expand FTA Network

The Australian Government has said that it intends to extend its network of free trade agreements, as part of its new foreign policy agenda.




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Tax-News.com: Malaysia Issues GST Guidance On Mixed-Use Buildings

Malaysia's tax agency has released Public Ruling No. 1/2018, setting out the goods and services tax rules concerning the sale of buildings on commercial land that are used for both residential and commercial purposes.




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Coronavirus outbreak propels pharma funds forward; should you invest?

Experts believe there was already a visible turnaround in the pharma sector, both on the domestic as well as on the exports side even before any traces of COVID-19




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Coronavirus lockdown: How banks are focussing on 'contactless financing' to help borrowers

The crisis served as a wake-up call for banks whose digital operations were growing at a snail's pace. They have started embracing the change




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Coronavirus impact: Equity MF inflows plunge 47% in April as investors turn cautious

Coronavirus news: Fears ran amok that Franklin Templeton closing its six debt mutual fund schemes may trigger outflows from debt mutual funds. However, net outflows were only seen in credit risk and medium duration categories




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BT Insight: 8 money lessons from coronavirus lockdown

Lack of emergency funds will force you to either go for distress selling of your investments or high-cost borrowing, which will jeopardise all your future goals. One should ideally have an emergency fund which can take care of at least 6 months of expenses




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Coronavirus lockdown: Cash crunch? Don't sell your mutual funds, take a loan against it!

When you approach a lender for loan against mutual fund, it fixes a loan-to-value (LTV) ratio against it. It varies from one lender to another as per risk involved in the MF scheme and regulatory caps fixed by the RBI




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Tax-News.com: IMF Urges US To Hike Indirect Taxes

The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases.




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Tax-News.com: US Senators Urge 'Fairness' Change To Capital Gains Tax Calculations

A group of 21 Republican members of the US Senate have signed a letter to the Treasury Secretary urging him to amend how capital gains tax liability is calculated.




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Tax-News.com: Austria Urged To Lower Labor Tax Burden

The IMF has welcomed the Austrian Government's efforts to lower personal income taxes but said that the labor tax burden remains high.




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Tax-News.com: DeFazio Tables US Anti-Profit Shifting Bill

US congressman Peter DeFazio (D-OR) has introduced legislation designed to amend the Tax Cuts and Jobs Act so that incentives for US corporations to shift income and production overseas are reduced.




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Tax-News.com: Australian Tax Changes Effective From July 1

The Australian Government has set out the numerous changes made to the tax system on July 1 and launched a consultation on new tax rules for "stapled structures."




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Tax-News.com: Democrats Introduce US Anti-Offshoring Bills

Three Democratic members of the United States Senate have introduced two tax bills designed to discourage US companies from shifting their operations overseas and establishing arrangements in low-tax jurisdictions.




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Tax-News.com: LLB-Switzerland Signs US Non-Prosecution Agreement

On August 5, 2019, the US Department of Justice announced that Swiss bank LLB Verwaltung (Switzerland) AG has agreed to pay a penalty of USD10.6m to resolve a case in which it was accused of helping US clients to conceal income.




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Researchers Use GPS, PDAs For Malaria Prevention in Africa, Study Says

CDC researchers have developed new tools using GPS technology and PDAs to help prevent the spread of malaria in Africa, according to a study published




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Plug-in Interface Will Soon Usher in New Generation of Compact Medical Devices

UC Davis researchers have designed a plug-in interface which will usher in the new generation of compact medical devices. "We think there is a huge




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Survey: Does Gallows Humor Among Physicians Encourage Accusations of Murder and Euthanasia?

Nearly three quarters of the sample reported having been "humorously" accused of promoting death; for example, being called "Dr. Death," in a recent survey of palliative care medicine practitioners.




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Asian Tiger Mosquito Has More Potential to Spread Zika Virus

Asian tiger mosquito has been neglected as a source of Zika and dengue virus, as the threat was measured right after one feeding on infected blood. However,




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Dengue Virus Immunity may Offer Protection Against Zika Symptoms

In children, previous infection with dengue virus was found to protect them from symptomatic Zika, according to a study published in the open-access journal




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Mosquito Bites Might Be Prevented Using Graphene-Lined Clothing

Mosquito bites now could be prevented using clothes made up of the nanomaterial graphene, which is also a material actively used is a lot of products from solar cells to tennis rackets.




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Zika in Fetuses May Cause Brain Abnormalities in Young

Researchers have found that mild Zika virus infection in fetuses can cause abnormal brain development in apparently healthy young animals this might be applicable to humans as well.




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COVID-19 Pandemic: Simple Ideas to Help Kids Deal with Stress during Coronavirus Crisis

Highlights: Staying indoors during COVID-19 lockdown can wreak havoc on your child's mental health Keeping




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Watch Out: Deadly Coronavirus may Lurk in Kids' Toys and Play Equipment

Highlights: COVID-19 can stick on to kids' toys and play equipment Parents must advice your naughty little




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Physical Activity Beneficial for Mental Well-Being in Postmenopausal Women

Highlights: Physical activity helps reduce depressive symptoms in postmenopausal women Postmenopausal w




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Potato Power: High Quality Protein in Spuds Build Women's Muscle

Highlights: Potato can be a source of high-quality protein Including potato to your daily diet can build




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Tax-News.com: Australia 'Exempt From US Metal Tariffs'

The Australian Government has secured an exemption from new US metal tariffs, Trade Minister Steven Ciobo has said.




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Tax-News.com: Canadian Business Confidence Knocked By US Tax Changes

The Bank of Canada has published the findings of its latest business outlook survey, which shows some concern among firms over the impact of US trade and tax policies.




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Tax-News.com: Canada Urged To Introduce Digital Tax Nexus Rules

The Canadian Parliament's international trade committee has recommended that the federal Government tax products supplied to Canadian consumers by online platforms.




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Tax-News.com: G7 Committed To Digital Tax Consensus

G7 countries are committed to working towards a consensus-based solution to the tax challenges of the digital economy, according to the final communique issued at the conclusion of the G7's summit in Charlevoix, Canada.




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Tax-News.com: Canada To Push Ahead With Carbon Tax Plans

Canada's federal Government has announced that it will impose a carbon price in Ontario, New Brunswick, Manitoba, and Saskatchewan in 2019.