The United Arab Emirates has approved the emergency use of Sinopharm’s coronavirus vaccine for children, joining China in authorizing shots for those as young as three.

The decision to approve the vaccine for children aged three to 17 was based on the results of clinical studies and local evaluation, state-run WAM news agency said on Monday.

Bharat Biotech's Covaxin is effective against the Delta and Delta plus variant, a study by the Indian Council of Medical Research and National Institute of Virology has said.

The study released on Monday showed that Covaxin provides 65.2 per cent protection against the Delta variant which was first detected in India. The Delta variant which has spread to 99 countries is a variant of concern and was also responsible for the second wave in India.

Shares of Balaji Amines rallied 9 per cent to hit a new high of Rs 3,619 on the National Stock Exchange (NSE) in intra-day trade on Tuesday after the company reported robust numbers for the quarter ended June 2021 (Q1FY22), as consolidated profit after tax (PAT) more-than-doubled at Rs 97.40 crore. The company had posted a profit of Rs 31.58 crore in Q1FY21. In the past six months, the stock has zoomed nearly 200 per cent, as against a 5.6 per cent rise in the S&P BSE Sensex.

Taking a step forward on the digital front, Prime Minister Narendra Modi will launch e-RUPI, an overall payment solution that is person and purpose-specific on August 2 via video conferencing.

Several digital programmes have been launched over the years to encourage the usage of digital platforms to ensure that it is a leak-proof transaction between the beneficiaries with limited access to the government and the owner.

The Goods and Service Tax (GST) collections for the month of July 2021 registered an increase of 33 percent compared to the collections of Rs 87,422 crore in the month of July in 2020.

The numbers indicated the economic activity picking up in the last month with states gradually easing lockdowns after the second wave of the coronavirus pandemic.

Cricket great Shane Warne was absent from London Spirit's clash with Southern Brave in The Hundred competition after testing positive for COVID-19.

The 51-year-old former Australia spinner is the head coach of London Spirit men's team for the Lord's-based franchise.

Pfizer Inc and Moderna Inc have raised the prices of their Covid-19 vaccines in their latest European Union supply contracts, the Financial Times reported on Sunday.

The new price for the Pfizer shot was 19.50 euros ($23.15) against 15.50 euros previously, the newspaper said, citing portions of the contracts seen.

India registered 40,134 fresh COVID-19 infections, pushing its virus tally to 3,16,95,958, while the number of active cases registered an increase for the sixth consecutive day, according to the Union Health Ministry data updated on Monday.

The death toll from the pandemic climbed to 4,24,773 with 422 daily fatalities.

The price of 10 gm of 22-carat gold went up on Monday to trade at Rs 47,380. Silver was selling at Rs 67,900 per kg, according to the website Good Returns.

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

Shares of Ind Swift Laboratories slipped 16 per cent to Rs 95 on the BSE in intra-day trade on Monday after the company announced slump sale of the Active Pharmaceuticals Ingredients (API) business division on a going concern basis to PI Industries at an agreed enterprise value of Rs 1,530 crore.

As of March 31, 2021, the turnover/revenue of the API business division was at Rs 856.58 crore, which constituted 100 per cent of the company's consolidated turnover/revenue for the full financial year. The net worth of the API business division was Rs 298.99 crore as of March 31, 2021.

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