In an exclusive interview with India Today, Biocon's Chairperson and Managing Director Kiran Mazumdar-Shaw told that testing needs to be scale up to contain the spread of coronavirus.
Shaw said, "Right now, between all the govt labs roughly about 10 to 15 thousand tests are being done in a day across the country. This needs to be rapidly scale up to at least 100 thousand to 200 thousand tests a day. Without the private sector involvement, this can't be done."
Gita Gopinath, Indian-American economist and Professor of Economics at Harvard University, shares her insights on Canadian Prime Minister Mark Carney's remarks on shifting global economic order during the World Economic Forum in Davos and dealing with tariffs.
On this Special Report, the focus is on US President Donald Trump’s latest comments regarding the India-US trade relations at the World Economic Forum in Davos. Speaking to the Indian media contingent, Donald Trump heaped praise on Prime Minister Narendra Modi, stating, 'He's a fantastic man, and we will have a great deal going soon.' While the US President maintained an optimistic tone about the bilateral partnership, the discussion highlights that no specific timeline or details have been provided. The programme examines the challenges holding back the deal, including disagreements over dairy products, agriculture, and tariffs. Foreign Affairs Editor Geeta Mohan notes that while personal camaraderie between the leaders is evident, India is also diversifying its interests with an upcoming trade deal with Europe. The report underscores the 'seesaw approach' in trade negotiations despite the positive rhetoric from the US administration regarding its friendship with India.
During a Special Report from the World Economic Forum in Davos, Switzerland, United States President Donald Trump detailed his administration's economic and national security strategies. Marking his first year in office, Trump cited a 5.4% growth rate and the removal of 270,000 federal bureaucrats as evidence of an economic turnaround. The President announced an executive order banning institutional firms from purchasing single-family homes and proposed capping credit card interest rates at 10%. Regarding international relations, Trump called for immediate negotiations with Denmark to acquire Greenland, citing its strategic importance between the U.S., Russia, and China. He further discussed brokering a peace deal for the Ukraine conflict and implementing a 'Most Favored Nation' policy to reduce prescription drug prices by 90% through tariff threats. Additional policy highlights include the Genius Act for cryptocurrency dominance, the appointment of a new Federal Reserve chairman, and 'reverse migration' initiatives. Trump concluded by emphasizing American leadership in AI, energy production, and domestic crime reduction.
US President Donald Trump on Wednesday praised Prime Minister Narendra Modi, calling him a “fantastic man” and a close personal friend.
