Daily Briefing: Serum Institute gets ‘preliminary’ nod to produce Sputnik V; RBI announces sops to revive economy
Good morning,
The Second Wave
With focus on reviving the countrys Covid-hit economy, the Reserve Bank of Indias Monetary Policy Committee slashed its growth projection, kept main policy interest rates unchanged, and unleashed a host of measures to support businesses and ensure their access to liquidity.
In what both reflects and accentuates the problem of vaccine inequity, just nine corporate hospital groups in big cities have cornered 50 per cent of the Covid-19 vaccine stock meant for the private…