Rohit Sharma led defending champions Mumbai Indians to an unparalleled fifth IPL title in Dubai, dismantling Delhi Capitals in the final. Mumbai Indians chased down the target of 157 in 18.4 overs with five wickets in hand. This edition was made more challenging by the Covid pandemic and the bio-bubbles that players had to endure.
Pfizer Inc and BioNTech SE have announced their vaccine candidate was found to be more than 90 per cent effective in preventing COVID-19. The Phase 3 clinical trial of BNT162b2 began on July 27. Based on current projections, the companies expect to produce globally up to 50 million vaccine doses in 2020 and up to 1.3 billion doses in 2021.
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Equity benchmarks rallied to fresh lifetime highs, propelled by banking and finance stocks, after positive results from Pfizer’s Covid vaccine trials turbocharged global markets. The BSE Sensex and the NSE Nifty scaled record highs. But the rupee depreciated by 3 paise to close at 74.18 against the US dollar as higher crude oil prices weighed on sentiment.
