Morning Digest: Covaxin phase-1 trial results promising, ISRO to launch communications satellite today, and more

A select list of stories to read before you start your day

December 17, 2020 12:00 am | Updated 07:55 am IST

The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report. (Representational image)

The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report. (Representational image)

Covaxin phase-1 trial results show vaccine is safe

Phase-1 results show that Covaxin, a proposed COVID-19 vaccine, is safe. The results find it to be well-tolerated in all dose groups, and that it generates immune response according to results released in a preprint paper titled ‘A Phase 1: Safety and Immunogenicity Trial of an Inactivated SARS-CoV-2 Vaccine- BBV152’.

ISRO to launch communications satellite on Dec. 17

The Indian Space Research Organisation (ISRO) will launch a communications satellite, CMS-01, on board the PSLV-C50 from the second launch pad of the Satish Dhawan Space Centre, SHAR on Thursday. The launch is scheduled to take place at 3.41 p.m. and the 25-hour countdown for the launch began at 2.21 p.m. on Wednesday.

Chinese capsule returns to Earth carrying moon rocks

A Chinese lunar capsule has returned to Earth with the  first fresh samples  of rock and debris from the moon in more than 40 years. The capsule of the  Chang’e 5  probe landed in the Siziwang district of the Inner Mongolia region on December 17, state media reported shortly after 2:00 a.m. (1800 GMT).

U.S. puts India on ‘currency manipulators’ monitoring list

The U.S. Treasury labeled Switzerland and Vietnam as currency manipulators on Wednesday and added three new names, including India, to a watch list of countries it suspects of taking measures to devalue their currencies against the dollar.

CPI(M)-led Left Democratic Front sweeps Kerala local body polls

The Communist Party of India (Marxist) [CPI(M)]-led Left Democratic Front (LDF) has managed to gain a clear upper hand in the local body elections in Kerala, even as the State gears up for the crucial Assembly polls next year.

British Foreign Secretary says he ‘discussed’ farmers stir with Jaishankar

Agricultural reforms are India’s internal matter but the protests here are part of British politics too, said the visiting British Foreign Secretary Dominic Raab, who “discussed” the ongoing farmers protests at Delhi’s borders during talks with External Affairs Minister S. Jaishankar.

Centre announces directive for telecom service providers

The Cabinet Committee on Security on Wednesday approved the National Security Directive on Telecommunication Sector mandating telecom service providers to procure equipment from sources designated to be “trusted”, Telecom Minister Ravi Shankar Prasad said at a press conference.

India drops two ranks in Human Development Index

India dropped two ranks in the United Nations’ Human Development Index this year, standing at 131 out of 189 countries . However, if the Index were adjusted to assess the planetary pressures caused by each nation’s development, India would move up eight places in the ranking, according to the report .

Cabinet okays ₹ 3,500 crore sugar export subsidy

The government on Wednesday approved a subsidy of ₹ 3,500 crore to sugar mills for the export of 60 lakh tonnes of sweetener during the ongoing marketing year 2020-21 as part of its efforts to help them clear outstanding dues to sugarcane farmers.

Mistry’s removal illegal, oppressive: SP Group

Minority shareholder Shapoorji Pallonji Group on Wednesday told the Supreme Court that the removal of Cyrus Mistry as executive chairman of Tata Sons was oppressive and illegal.

Diesel sales fell 5.2% in first half of Dec.

India’s diesel sales fell 5.2% in the first half of December compared with the same month last year, preliminary data from state-run fuel retailers showed on Wednesday, signalling that industrial growth in Asia’s third-largest economy has not yet reached pre-COVID-19 levels.

Study warns of vaccine hesitancy

As the country readies to implement its  COVID-19 vaccination programme , vaccine hesitancy could be an issue that the government needs to address forthwith. The results of an online survey showed that there was considerable hesitation even among the medical community to take the vaccine as soon as it is available.

Russia denies FSB role in Navalny poisoning

Russia’s Foreign Minister Sergei Lavrov on Wednesday denied recent media investigations that alleged the country’s Federal Security Service (FSB) had followed and poisoned opposition leader Alexei Navalny.

SBI sees recovery narrowing FY21 GDP contraction to 7.4%

India’s GDP is expected to shrink 7.4% in FY21 on a better-than-projected recovery, SBI said in a research report, upgrading its earlier forecast of a 10.9% contraction.

Australia vs India, 1st Test | India prefer Shaw over Gill, Saha instead of Pant

A peerless Virat Kohli and his “fearless” India would look to unleash their might on an Australian team which is ready for revenge but not exactly in ‘pink of health’ ahead of the first Day/Night Test starting here on Thursday.

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