Both parties must be taxable; or become taxable as a result of the transfer
business1 hour ago
India will resume exports of Covid-19 vaccines from the next quarter, prioritising the global vaccine-sharing platform Covax and neighbouring countries first as supplies rise, the health minister said on Monday.
India, the world’s biggest maker of vaccines, stopped exports of Covid shots in April to focus on inoculating its own population as infections exploded.
The country’s monthly vaccine output has since more than doubled and is set to quadruple to over 300 million doses next month, minister Mansukh Mandaviya said, adding that only excess supplies would be exported.
“We will help other countries and also fulfil our responsibility towards Covax,” he told reporters.
The country had donated or sold 66 million doses to nearly 100 countries before the export halt.
The announcement on resumption of exports comes ahead of Prime Minister Narendra Modi’s visit to Washington this week where vaccines are likely to be discussed at a summit of the leaders of the Quad countries — the United States, India, Japan and Australia.
India wants to vaccinate all its 944 million adults by December and has so far given at least one dose to 64 per cent of them and two doses to 22 per cent.
ALSO READ:
India’s inoculations have jumped since last month, especially as the world’s biggest vaccine maker, the Serum Institute of India, has more than trebled its output of the AstraZeneca shot to 200 million doses a month from April levels.
Indian companies have set up the capacity to produce nearly 3 billion Covid vaccine doses a year.
Both parties must be taxable; or become taxable as a result of the transfer
business1 hour ago
Israel's foreign minister says Rafah incursion could be suspended should a deal emerge to release the hostages
mena1 hour ago
The authority is currently taking measures to prevent any unsafe products from reaching the market
uae1 hour ago
Values reach an annual $2.6 billion in gross written premiums
business1 hour ago
The hospital has treated more than 18,000 cases that required medical intervention
uae1 hour ago
Due to the recent holidays to mark Ramadan and Eid al-Fitr, students received extended leave, including for the heat alert
world2 hours ago
UAE's Ministry of Finance has put in significant efforts with the savings awareness initiatives
personal finance2 hours ago
The appointment comes a month after parliament elected Shahbaz Sharif as prime minister
asia2 hours ago