IIT Kanpur is developing a vaccine against Covid-19, while researchers at Madras and Kanpur have built desi drones for surveillance and IIT Ropar has produced robots to deliver food and medicines to patients in hospitals and quarantine zones. These innovations are in various stages of development.

The device, called VITAL (Ventilator Intervention Technology Accessible Locally), passed a critical test this week at the Icahn School of Medicine in New York, an epicentre of COVID-19 in the US, NASA said.

IIT-Guwahati has shown the way cornering the biggest pool of projects, followed by IIT-Madras and IIT-Hyderabad. Nearly 50% of the key research in India’s premier technical schools are happening in six of the old IITs. Majority of the researches are happening in the field of personal protective care equipment (45 projects), followed by sanitisation (33) and treatment.

Recent reports have suggested that the combination of the anti-malaria drug hydroxychloroquine, and the antibiotic azithromycin may help patients with COVID-19, said scientists from the New York University School of Medicine in the US.

While over 20 technical and scientific institutions are working on developing a vaccine for coronavirus, IITs have already set up "COVID-19 specific research centres", encouraging developments in the innovation ecosystem.

Two students of the Jadavpur University have developed an intelligent device which will analyse if a coughing person is a COVID-19 carrier.

The tale of ITER’s missing shims shows how even the best-laid contingency plans have had to be rewritten.

Texas A&M is the first US institution in the clinical trial to have federal clearance for testing on humans. Researchers hope to demonstrate that Bacillus Calmette-Guerin or BCG mitigates the effects of the novel coronavirus, allowing fewer people to be hospitalised or to die from COVID-19.

The study, published in the journal Pathogens, found that all four drugs were effective in inhibiting, or blocking, the coronavirus' RNA proteins from making genomic copies of the novel coronavirus.

The scientists, including those from the University of Sheffield in the UK, said overuse of antibiotics, high animal numbers, and low genetic diversity caused by intensive farming techniques increase the likelihood of these pathogens becoming a major public health risk.

CSIR's Institute of Genomics and Integrative Biology (IGIB), Delhi, Centre for Cellular and Molecular Biology (CCMB), Hyderabad and Institute of Microbial Technology, Chandigarh are currently sequencing the genomes of the novel coronavirus, he said. Other CSIR institutes are also expected to join the process.

Mortality and morbidity apply to enterprises, too; MSMEs more pronounced than most. Baseline GDP growth was already in slowdown mode and a capital crunch was compounded by lockdown’s labour constraint.

The rationale behind the lockdown was not that it would prevent infections but that it would allow us to build the health infrastructure to be able to cope with larger numbers infected, opined Montek Singh Ahluwalia

Nitin Gadkari, the minister for MSME and road transport and highways, also called upon the retailers to start exploring option of home delivery.

In the past two weeks, at least five companies have either issued, or announced plans to issue, non-convertible debentures worth a total of Rs 5,500 crore, as per information available from filings with stock exchanges.

The tenure of the instrument is two years and 364 days from the deemed date of allotment.

These will be issued in three tranches of Rs 500 crore, Rs 300 crore and Rs 200 crores with redemptions due on September 30, 2022, November 28, 2022 and December 29, 2022 respectively, it added.

Perpetual bonds are a standard instrument in the kitty of capital markets today.

In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data.

The decision did not apply to the ECB's PEPP coronavirus pandemic-fighting programme.

The company said that it will seek shareholders' nod for raising up to Rs 2,500 crore through QIP.

The board has considered and approved the proposal to raise debt of up to Rs 2,000 crore, a company statement said.

The coupon on the bonds, to be maturing in December 2021, has been fixed at 7.06 per cent per annum.

On April 28, Tata Motors had said it would be issuing non-convertible debentures worth Rs 1,000 crore.

The central bank has been aggressively raising liquidity levels in the system.

A hike in taxes on fuels, which will add to government’s revenue, helped lift sentiment.

The gross borrowing programme for the year has been increased to Rs 12 lakh crore.

The issue price for Series I (April 20 to 24, 2020) was Rs 4,639 per gram of gold.

FTMF stunned all by deciding to shutter operations of six schemes with assets under management of more than Rs 25,000 crore late Thursday evening, citing redemption pressures and market volatilities in wake of the COVID-19 pandemic.

This is the first instance when a fund house is shutting its schemes because of coronavirus related pandemic.

However, record-low yields are pointing to an undercurrent of worry in the market.

We manufactured a crisis much before the pandemic hit the financial world.

Though bleak, that number was smaller than analysts’ expectations of 22 million jobs lost.

Bitcoin’s technology was designed in such a way that it cuts the reward for miners in half every four years, a move meant to keep a lid on inflation.

The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019.

Analysts in an ETNow poll had projected the number at Rs 3,000 crore.

Revenue from operations in the fourth quarter stood at Rs 616.61 crore, as against Rs 634.59 crore in the year-ago period.

The company's total income declined 17.90 per cent YoY to Rs 449.62 crore in the January-March quarter

The Covid-19 outbreak brought the world to its knees, leading to sealing of borders, ban on travel, and postponement or cancellation of all major sporting events. So, here they are now, confined to their homes with the Games delayed by a year, no competitions, no proper training and no sign of light at the end of the tunnel.

In all likelihood, England and Wales Cricket Board (ECB) chairman Colin Graves will replace the former BCCI president, who, it is learnt, has decided against seeking an extension for a third two-year-term.

Cricket Australia is under huge financial pressure due to global lockdown and has laid off 80 percent of its staff. India's four-Test tour in December-January could provide a relief to the struggling bldy

The postponed Tokyo 2020 Olympics will be cancelled if the coronavirus pandemic isn't brought under control by next year, the organising committee's president said in comments published Tuesday.

"After New Delhi didn't fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of USD 500," the AIBA said in a statement.

Firms like IOS Sports & Entertainment, Baseline Ventures, Cornerstone Sports & Entertainment are all looking at new digital options to capitalise on their clients’ reach and popularity using online channels.

The iconic sportsperson, who also played first-class cricket for Bengal, was 82 and breathed his last at a hospital here. He is survived by his wife Basanti and son Sudipto.

India lost the top spot in the ICC Test rankings to Australia on Friday, dropping to third after their stupendous 2016-17 record was eliminated from the annual update as per rules.

With restrictions on travelling and no sporting activity allowed, the 34-year-old Haryana boxer is spending time with his family in Delhi.

Not only Kumari's but samples of four other Indians, including 2017 Asian champion quarter-miler Nirmala Sheoran's had returned negative at NDTL but were found positive when tested in Montreal. Jhuma Khatun, one of them, was also handed a four-year ban, last month.

Sports Minister Kiren Rijiju on Sunday said his ministry is devising a plan for phase-wise resumption of national camps for Olympic-bound athletes by the end of this month.

The multi-year deal will see Baseline managing all the commercial interests of Garg. Born in Meerut, UP, Garg made his first-class debut against Goa in 2018 where he went on to score an unbeaten 117. He recently led the Under-19 Indian team at the World Cup in South Africa where they finished runners-up.