Union Minister for Minister of Micro, Small and Medium Enterprises (MSME) Nitin Gadkari on Thursday said that India was a destination with huge potential for attractive investments and urged people to invest in MSMEs in the country.

While speaking at the virtual Pravasi Bharatiya Divas Conference, Gadkari added that with the world moving production away from dealings in China, India was the next best alternative.

India is the biggest buyer of COVID-19 vaccines in the world, with an advance purchase made of 1.6 billion does. The caveat is that it would cover only 59 per cent of the country's population, says a study by a private research university in the United States.

The study by the Duke University shows a massive gap in the vaccine purchases made by rich nations and developing countries through these trends.

The West Bengal Police on Thursday said that the situation is peaceful in the state, and the BJP national President JP Nadda reached safely at the venue in Diamond Harbour. It also stated that the matter is being investigated.

Shri JP Nadda, National President, BJP reached safely at the venue, Diamond Harbour, South 24 Pgs. Nothing happened to his convoy. Few bystanders at Debipur, Falta PS, Diamond Harbour PD, sporadically and suddenly threw stones towards vehicles trailing long behind his convoy, WB Police tweeted.

Prime Minister Narendra Modi will address the International Bharati Festival, 2020 on Friday, December 11, via video conferencing, the Prime Minister’s Office informed on Thursday.

The event is being conducted as part of the 138th birth anniversary celebration of Tamil poet and writer Mahakavi Subramanya Bharati.

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday claimed that while a vaccine against COVID-19 was just about a month away, the infectious virus had already been contained in the state.

We are about a month away from the COVID-19 vaccine and the state has already contained the pandemic. Developed countries like the US registered a Covid-19 death rate of about 8 per cent, but Uttar Pradesh only saw 1.04 per cent of Covid-19 deaths, Adityanath said.

Mahindra and Mahindra (M&M) is expecting reduction in production and sales volume at its automotive division and in its wholly-owned subsidiary in the last quarter of the current fiscal due to global supply shortage of micro-processors.

M&M said it is engaging closely with its auto components supplier Bosch and assessing likely production loss.

The US registered more than 3,000 coronavirus fatalities in the last 24 hours, the highest single-day spike since April, according to the Johns Hopkins University.

On Wednesday, there were a total of 3,071 fatalities, which increased the country's overall death toll to 289,283, Xinhua news agency reported citing figures issued by the University's Center for Systems Science and Engineering (CSSE).

India's COVID-19 caseload climbed to 97,67,371 with 31,521 fresh infections, while the total number of recoveries surged to 92.53 lakh, pushing the national recovery rate to 94.74 per cent, according to the Union health ministry data updated on Thursday.

The death toll rose to 1,41,772 with 412 new fatalities, the data updated at 8 am showed.

Gold price today jumped to Rs 53,190 from Rs 53,180 per 10 gm, while silver price was trending at Rs 64,400 per kg, according to the Good Returns website.

Gold jewellery price vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

L & T Technology Services (LTTS) said on Thursday it has been selected by a global oil and gas major to be the primary engineering partner for supporting two integrated refining and chemicals manufacturing facilities in the United States.

It did not name the client but said the multi-year engagement has a potential value of more than 100 million dollars (about Rs 737 crore).

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