Central Drug Research Institute in Lucknow has received approval for conducting the trialsThe drug has a good safety profile and acts by preventing the entry of virus into human cells
3 min read19 Jun 2020India has pledged ₹480 crore to the CDRI to hep fund technical assistance and research projects, setting up of offices and covering recurring expenditures for the next five yearsThe memorandum and by-laws of the CDRI society will be prepared by the National Disaster Management Authority
1 min read28 Aug 2019Relaxing current risk-adjusted capital norms can hurt economy, says RBI
2 min read29 Dec 2018Measures to reduce the amount of CO2 in the atmosphere include ramping up the installation of renewable energy systems to provide 75% or more of the world's electricity by 2050
4 min read15 Oct 2018Nearly 1.32 trillion of bad loans are presently undergoing restructuring in the CDR cell
2 min read26 Jul 2018The newly formed City Disaster Response Force will carry out relief and rescue operations during calamities
8 min read21 Jul 2018Banking stocks fall as analysts expect that state-owned lenders will remain at an elevated level after RBI scraps CDR, SDR, S4A and JLF schemes to restructure defaulted loans
1 min read14 Feb 2018ABG Shipyard admits before the Ahmedabad bench of the NCLT that it had defaulted on loan repayments and agreed for bankruptcy proceedings to be initiated against it
2 min read21 Jul 2017Essar Steel has questioned the cut-off date of 31 March 2016 fixed by the RBI for selecting the 12 accounts for resolution under IBC. Here are other highlights of the case
2 min read7 Jul 2017NPA accounts under Rs1,000 crore to be sold to ARCs, those up to Rs5,000 crore to be resolved through RBI schemes, rest to be tried at NCLT
3 min read23 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared