Neha Dasgupta

India allows limited exports of anti-malaria drug after Trump warns of retaliation

07 Apr 2020

NEW DELHI India, the world's main supplier of generic drugs, said on Tuesday it will allow limited exports of the anti-malaria drug hydroxychloroquine that U.S. President Donald Trump has touted as a potential weapon in the fight against the coronavirus.

India curbs diagnostic testing kit exports as virus spreads

05 Apr 2020

NEW DELHI/DHAKA India is restricting the export of most diagnostic testing kits, as coronavirus cases in the South Asian nation topped 3,350 on Sunday despite a three-week nationwide lockdown to slow the spread of the respiratory disease.

India likely to soon ease some drug export curbs after U.S. pressure: sources

01 Apr 2020

NEW DELHI India will likely relax some export restrictions on pharmaceutical products soon due to intense pressure from the United States which is worried about drug shortages as the number of coronavirus cases surge, two Indian government officials told Reuters.

Facing shortages, India bets on China for swift ramp-up of protective health gear: sources

31 Mar 2020

NEW DELHI India will buy ventilators and masks from China to help it deal with the coronavirus, a government official said on Tuesday, even though some countries in Europe had complained about the quality of the equipment.

India orders banks to remain open during lockdown

30 Mar 2020

NEW DELHI/MUMBAI India has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and to ensure welfare cash schemes that are part of a $22.6 billion government stimulus reach the poor.

SAIL scales back production, has orders cancelled under lockdown

26 Mar 2020

NEW DELHI Steel Authority Of India Ltd said on Thursday it had scaled back its manufacturing operations with the country under a 21-day lockdown to prevent the spread of coronavirus but could not yet say how much of a hit it would take.

Exclusive: Indian banks consider opening fewer branches during lockdown - sources

26 Mar 2020

NEW DELHI/MUMBAI India's central bank and major lenders are considering staffing fewer branches during the country's lockdown to reduce the chances of tens of thousands of employees catching coronavirus, four sources and a senior bank union official said.

EXCLUSIVE-India's banks consider closing most branches during lockdown -sources

26 Mar 2020

* Only one branch to be open every 5 km in big cities -sources

REFILE-EXCLUSIVE-Indian banks plan to shut down most branches during lockdown -sources

26 Mar 2020

NEW DELHI/MUMBAI, March 26 India's central bank and major lenders are considering shutting down most branches across the country to prevent tens of thousands of employees from getting infected with the coronavirus, four sources familiar with the plan told Reuters.

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