The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
Some countries are looking at profiting from the pandemic, while the world needs to be saved through collective efforts, Piyush Goyal, India’s Minister of Railways & Minister of Commerce & Industry, said at the Global India Forum on Wednesday.
“We have tried at the WTO to ask for a waiver on trips so that vaccines and essential medicines can be made available to all in the world. Sadly, European countries in particular and many other developed countries are not supporting that move. It pains me. This is at a time when the world is facing such a big challenge.”
Until all of us are vaccinated and everybody in the world gets the benefit of modern technology, even the developed world will not be safe. It’s very, very unfortunate that some countries still put profit over prudence, said Goyal.
Adar Poonawalla, CEO of the Serum Institute of India, also used the forum to send a message to the European Medicines Agency (EMA) to approve Covishield, India’s version of the AstraZeneca vaccine, which is been administered to millions in India and elsewhere around the world as part of the Covax initiative.
The EMA approved the Oxford-AstraZeneca vaccine in January, but the AstraZeneca vaccine made by the Serum Institute of India, locally referred as Covishield, will require a separate approval.
“Let’s take a manufacturer outside of India, for example, let’s say they are approved by the World Health Organisation, everyone in that country gets vaccinated taking that product. When those citizens need to travel, what good is their vaccine certificate if it is not acknowledged and the reciprocity is not there between countries. It is just basically like a visa,” said Poonawalla during the India Global Forum on Wednesday.
reporters@khaleejtimes.com
The bank’s liquidity profile remains strong as evidenced by an advances to stable resources ratio of 76% and an eligible liquid asset ratio of 16%, both comfortably above regulatory thresholds
Binghatti Hills is set to become the most expansive development within the community
Temperature will reach up to 36ºC and 33ºC in Abu Dhabi and Dubai, respectively
Facing the reality of such a health challenge at the age of 32 was unimaginable for her
Youssef Al Feel, along with his brothers and cousins, managed to break the windows and enter flooded houses — moving people to safety for an entire day
Guardiola's team will be crowned champions for an unprecedented fourth successive season if they win their last five matches
A qualified engineer, CP Rizwan is a technically correct batsman who can also take wickets with his part-time spin
The defeats are a jolt to a full-strength Pakistan side in their preparations for the Twenty20 World Cup