Day: May 7, 2020

Japan Plans To Approve Gilead’s Remdesivir Today- Report

Japan intends to approve Gilead’s (GILD) Covid-19 treatment remdesivir today, according to a live interview with Japan’s Prime Minister Shinzo Abe on May 6.

Abe revealed that he plans to discuss with experts on May 14 how the county can begin to lift its present state of emergency. According to Bloomberg this will be based on both the rate of new infections and the capability of the overall healthcare system.

On Sunday, the drugmaker said that its remdesivir Covid-19 treatment will be available to patients as early as this week. Remdesivir, a direct acting antiviral drug that inhibits

Modi’s petrol, diesel excise duty bazooka has no firepower; won’t save govt’s dwindling tax revenue

The slowdown has led to a sharp fall in demand for petrol and diesel as the tenacity of the lockdown imposed and when it will be lifted is still unknown.

Narendra Modi-government’s surprise move to increase excise duty and cess on petrol and diesel to take advantage of the falling global crude oil prices may not help the exchequer in raising tax revenues by much. “We do not expect the Central government to accrue a sizable amount as excise duty revenue, given the current economic slowdown,” Care Ratings said in a report. The slowdown has led to a sharp

Covid-19: MSMEs, startups most vulnerable to cyber frauds; these IT policies can help mitigate risks

As small businesses/ enterprises are working remotely, maximum information is likely to get exchanged through virtual conferences over the internet and emails.

Technology for MSMEs: The outbreak of COVID-19 pandemic has impacted the economy and businesses across the globe. Among the worst affected in these trying times are the small business and start-ups, as they stare at major financial resource crunch. It’s a double whammy for small enterprises and startups, with the rising threat of cyber frauds and data breaches. Cybercriminals are increasingly becoming effective as their techniques are evolving at a fast pace, and this makes businesses always at