Chicken demand nosedives; mutton prices reach Rs 800 per kg

China recovering fast ahead of most big economies: IMF

China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said, projecting an eight per cent growth rate for the world's second largest economy in 2021. The main concern around the Chinese recovery that the International Monetary Fund (IMF) has is the lack of balance.

Bird flu: Chicken demand nosedives; mutton prices reach Rs 800 per kg

As bird flu spreads to seven states across India, the sale of chicken and poultry products have been affected the most. The demand of chicken and chicken products has fallen by over 70 to 80 per cent while prices came down by 50 per cent, according to the President of Poultry Federation of India, Ramesh Khatri. He further added demand for chicken and chicken products is declining due to the restrictions on interstate poultry movement in Punjab, Delhi, Jammu and Kashmir, Himachal Pradesh and Haryana.

COVID-19 vaccine: Covishield transport from Serum Institute may begin on January 11 or 12

With the COVID-19 vaccination drive in India set to rollout on January 16, the transportation of Covishield vaccine from the Serum Institute of India's facility in Pune in Maharashtra is likely to start from the evening of January 11 or on January 12, sources involved in planning the logistics said on Sunday.The vaccine-laden trucks will move out from Manjari location of the SII with elaborate police security. The Central government on Saturday said India will launch its COVID-19 vaccination drive from January 16

Apple, Hyundai to join forces in early-2021 for electric car: report

Hyundai Motors and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production as early as 2024 in the United States. Citing industry sources, the latest report said the pair plan to build the cars at Kia Motors' factory in Georgia, or jointly invest in a new factory in the United States, with a plan to produce 100,000 vehicles in 2024 at the proposed plant with an annual capacity of 400,000 vehicles. Kia Motors is an affiliate of Hyundai Motors.

TCS biggest gainer last week; 7 of top 10 firms add Rs 1.37 lakh crore

Tata Consultancy Services (TCS) emerged as the biggest gainer on Dalal Street last week, which saw seven of the top-ten most valued Indian firms add 1,37,396.66 crore to their market valuation. During the week under consideration, along with TCS, the HDFC twins, Hindustan Unilever Limited (HUL), Infosys, ICICI Bank and Bharti Airtel featured among gainers. Meanwhile, Reliance Industries Limited (RIL), Kotak Mahindra Bank and Bajaj Finance saw erosion in their market valuation during the week.