Friday, 30 April 2021

DATA STORY: In a first, India reports more than 400,000 Covid cases in a day

India has so far administered 154,989,635 vaccine doses. That is 808.71 per cent of its total caseload, and 11.14 per cent of its population

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Australians to face 5-yr jail or hefty fine if they return home from India

The decision was based on the proportion of overseas travellers in quarantine in Australia, who have contracted the infection in India

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Serum Institute plans to start vaccine production outside India: Report

Adar Poonawalla said last week that the Serum Institute would be able to raise its monthly output to 100 million doses by July

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Gujarat: 18 Covid-19 patients die after fire breaks out in Bharuch hospital

There were around 50 other patients at the four- storeyed Welfare Hospital when the fire broke out in the Covid-19 ward at 1 am

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Coronavirus LIVE: India logs 402,110 new cases; Dr Fauci suggests lockdown

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra reported 62,919 infections, followed by Karnataka (48,296), and Kerala (37,199). Stay tuned for corona-related news

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Best of BS Opinion: Third world country, CM Thackeray in trouble, and more

Here are the best of Business Standard's opinion pieces for the weekend

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Is Covid-19 home treatment covered? Check the fine print to find out

While many policies cover it for the entire sum insured, others have sub-limits

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India vs US listing: Zomato may be test case for start-ups waiting in wings

The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies

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Beyond the bottom line: The journey of newsmaker Deepinder Goyal

In FY21, the founder & CEO of Zomato took a steep pay cut from an annual Rs 3.5 crore to Rs 1.6 crore and waived his salary for 36 months starting April 1, 2021

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Amid Covid-19 pandemic, India's insurance sector has seen contrarian growth

The industry has outperformed its global peers, but mostly by exiting the bottom of the pyramid

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In grim fight against coronavirus, there also are these stories of hope

Besides several helpful Facebook pages, students are operating nine helplines at the helpdesk of Miranda House, almost around the clock, to assist in whatever way they can

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Thursday, 29 April 2021

State elections results will provide fodder to the markets for a few days

Election results will keep market participants glued to the political landscape for the next few days - probably the most expensive elections from the point of the view of public health

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Market Ahead Podcast, April 30: Top factors that could guide markets today

At 8.15 am, SGX Nifty was ruling 144 points lower at 14,787, indicating a gap-down start to the May F&O series

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Bangladesh to send Remdesivir drug, medical supplies to India next week

Bangladesh will be sending Remdesivir, an anti-viral medicine being used in Covid-19 treatment, along with other medical supplies to India next week, said country's Foreign Secretary Masud Bin Momen.

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700 oxygen concentrators, 365 ventilators arrive in India from Ireland

A shipment from Ireland containing 700 units of oxygen concentrators and 365 ventilators arrived here in India, as the country fights the second wave of coronavirus

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Second US Air Force aircraft carrying Covid-19 aid departs for India

The aircraft's left Travis Air Force Base in California for New Delhi on Thursday as India fights the second wave of coronavirus which has stressed its healthcare system

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MARKET LIVE: SGX Nifty tumbles nearly 200 pts; RIL to report Q4 nos today

LIVE market update: A total of 27 companies are slated to post their March quarter numbers including Reliance Industries, IndusInd Bank, YES Bank, Marico and Can Fin Homes

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Indian envoy interacts with US business community on Covid relief efforts

India's Ambassador to the US Taranjit Singh Sandhu held an interaction with members of the business community on the current Covid-19 pandemic situation in the country

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US-based Sewa International sends 2,184 oxygen concentrators to India

US-based non-profit body Sewa International, which has raised nearly $8 million towards Covid-19 relief efforts in India, has dispatched the first batch of oxygen concentrators

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Covid-19: Ex-Cisco CEO John Chambers announces $1 mn donation for India

John Chambers, a top American corporate leader and former Cisco CEO, has announced a donation of $1 million towards a target of sending one lakh oxygen units to India

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World's largest sovereign fund makes provision for India capital gains

Norway fund has investments across sectors in India, shows latest disclosures

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Coronavirus LIVE: India records 386,888 new cases, highest single-day spike

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra 66,159, Karnataka 39,047, Kerala 38,607, Uttar Pradesh 35,156, and Delhi 24,235 cases. Stay tuned for corona-related news

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A point for HAL Nashik to ponder: What after Sukhoi-30MKI fighters?

Used to totting up over Rs 6,000 crore each year from the assembly of 15-16 Sukhoi-30MKIs, HAL's Nashik division is now scrabbling for orders

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Best of BS Opinion: Manpower shortage, Biden's plans, exit polls, and more

Here are the best of Business Standard's opinion pieces for Friday

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Tata set to enter e-grocery with competition panel approval on Bigbasket

Company to acquire 64.3 per cent stake in Supermarket Grocery

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Tata Steel stock is red hot on stock exchanges amid many triggers

The company's m-cap is up 27% in April so far, and has trebled since Sept 2020

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Info Edge's early investment in Zomato set to deliver sweet returns

According to the DRHP filed by Zomato as part of its initial public offering plan, Info Edge currently owns 1.244 billion shares at an average cost of Rs 1.16 each

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Investment bankers set to take home hefty bonuses on record fundraising

Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent

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What's behind Adani group's meteoric rise on the stock exchanges?

The jump in market capitalisation in the past year is not matched by its financial performance

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A point for HAL Nashik to ponder: What after Sukhoi-30MKI fighters?

Used to totting up over Rs 6,000 crore each year from the assembly of 15-16 Sukhoi-30MKIs, HAL's Nashik division is now scrabbling for orders

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As queues for health care get longer, Delhi patients rush to Punjab

At least 500 such cases have landed at hospitals in the state in last fortnight

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Practo, BharatPe and Grofers in line to be the next Indian unicorns

Currently, there are 48 Indian start-ups valued at $1 billion or more, and Paytm is the most valuable start-up at $16 billion, according to the Venture Intelligence data

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Exhausted, helpless, doctors struggle to keep sinking health system afloat

Many are grappling with guilt at having to turn patients away, not being able to save lives

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US will do its best to end Covid, says White House about IP rights waiver

Biden administration engaged in steps to increase vaccine production, says official.

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Wednesday, 28 April 2021

China 'closing in fast,' Biden warns Congress, asks for $1.8 tn in spending

Biden appeared in the chamber of the U.S. House of Representatives at an event scaled back this year because of the pandemic

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Over 8 million people register on govt portal to take vaccine in 3rd phase

More than 8 million people registered themselves on the first day of registration for the third phase of Covid vaccination starting May 1

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IAF airlifts 4 empty oxygen tankers from Thailand's Bangkok to Gujarat

The Indian Air Force (IAF) airlifted four empty oxygen tankers from Bangkok in Thailand to Gujarat's Jamnagar on Wednesday, senior officials said. Moreover, two C-130 aircraft of the Singapore Air Force brought a total of 256 oxygen cylinders to the Panagarh air base in West Bengal, they added. India is struggling with the second wave of the coronavirus infection as hospitals in several states are reeling under a shortage of medical oxygen and beds. On Tuesday, the IAF airlifted nine cryogenic oxygen containers from Dubai and Singapore and brought them to Panagarh. The IAF conducted various domestic flights on Wednesday to transport oxygen tankers from one place to another.| It used its C-17 aircraft to take eight oxygen tankers -- two each from Agra, Hindon, Gwalior and Chandigarh -- to Ranchi, the officials said. Another C-17 aircraft was used to ferry two oxygen tankers from Indore to Raipur and one oxygen tanker from Bhopal to Surat, they noted. Two oxygen tankers were trans

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SpiceJet airlifts 1,000 oxygen concentrators from Hong Kong to Delhi

SpiceXpress, the air cargo arm of SpiceJet, has airlifted 1,000 oxygen concentrators from Hong Kong to Delhi

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Covid-19: Law students write to CJI over key drugs, oxygen black marketing

Requesting to pass immediate directions and orders for uniform guidelines on certain matters related to the Covid-19 pandemic, a group of law students has sent a combined letter petition to the CJI

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Joe Biden declares US 'on the move again' in first speech to Congress

President Joe Biden argued in his first speech to Congress on Wednesday that he had restored Americans' faith in democracy nearly 100 days after he succeeded Donald Trump in office

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Delhi records 25,986 Covid-19 cases, 368 deaths; positivity rate over 31%

Delhi recorded 368 more Covid-19 deaths and 25,986 new cases of the infection on Wed with a positivity rate of 31.76 per cent, according to the latest bulletin issued by the city health department

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Delhi govt claims not enough oxygen supply coming from Centre for hospitals

Delhi government has claimed that it has not receiving the oxygen quantity allocated to it by the Centre even as an official order has been issued to allot a detailed proportion

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WB polls: Voting begins to decide fate of 283 candidates in last phase

Amid surge in Covid-19 cases in the country, voting began on Thursday morning for the eighth and last phase of the ongoing assembly elections in West Bengal

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West Bengal election 2021 LIVE: Phase 8 polling begins; exit poll at 7 pm

West Bengal Election Exit poll 2021 LIVE updates: Stay tuned for West Bengal election Phase 8 polling and result 2021

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US determined to help people of India in moment of crisis: NSA Sullivan

The United States is determined to help the people of India in this moment of crisis, US National Security Advisor Jake Sullivan said

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After 6.4 magnitude earthquake on Wed, six more hit Assam on Thursday

After the earthquake of 6.4 magnitude on the Richter scale on Wednesday, Assam's Sonitpur was struck by six tremors on Thursday

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Single dose of Covid-19 vaccine can cut transmission by up to half: Study

A single dose of a Covid-19 vaccine can cut transmission of coronavirus by up to half, a Public Health England (PHE) study showed on Wednesday

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Samsung unveils Galaxy Book Pro laptops with 11th Gen Intel Core processors

Samsung Electronics on Wednesday unveiled two new laptops, Galaxy Book Pro and Galaxy Book Pro 360, under its Galaxy Book Pro series

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Google Lens can now translate text from screenshots on Android 11 devices

Google Lens can now automatically translate texts in screenshots for devices running Android 11 or above.

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2 children killed, 16 people stabbed by an attacker at China's kindergarten

Chinese state media say two children were killed and 16 other people were injured by a knife-wielding attacker at a kindergarten in a southern city

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US to deliver aid worth $100 mn to India, first flight to land on Thursday

The United States will be delivering Covid-19 relief materials worth over $100 million to India in the coming days, the White House said

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World Bank welcomes US, France assistance to help India fight Covid-19

The World Bank has welcomed the recent announcements by the United States and France to help India address its Covid-19 crisis

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Coronavirus LIVE: India records 379,459 new cases, highest single-day spike

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra 63,309, Karnataka 39,047, Kerala 35,013, Uttar Pradesh 29,824, and Delhi 26,000 cases. Stay tuned for corona-related news

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Best of BS Opinion: Co-Win glitches, Indian entrepreneurs, and more

Here are the best of Business Standard's opinion pieces for Thursday

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Govt looking to monetise possible IT parks, SEZs developed on PSU land

Developing long-term, revenue-generating resources by using such idle assets will help create more value than by disposing them of at low valuations

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Single-window clearance mechanism for foreign investors hits a bump

Manpower crunch because of Covid, only 8 states put in place the requisite infra

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Covid helps reinvent roles for Avanti Learning Centre, discover true path

The pandemic experience has been transformational for Avanti. Avanti Fellows, the not-for-profit, now runs programmes in over 300 government schools

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Tuesday, 27 April 2021

Microsoft sales grow on cloud strength, shares dip on heightened valuation

Net profit had included a favorable $620 million tax benefit from court rulings in India

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Hope Biden asks Pfizer to allow India develop its vaccines: US Congressman

With millions of lives at stake amid a rapid spread of Covid-19, Indian-American Congressman Ro Khanna said he hoped President Joe Biden would call the Pfizer CEO to let India produce its vaccine

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USICOC to ship ventilators, medical supplies to help India fight Covid-19

The US India Chamber of Commerce (USICOC) Foundation and its partner organisations are shipping 50 ventilators to India, besides other medical supplies

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Maharashtra: Three patients die in fire at private hospital in Thane

At least three patients died in a fire at a private hospital near Thane in the wee hours of Wednesday, an official said

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Coronavirus LIVE: India logs 362902 new cases; CoWIN registration today

Coronavirus live updates | Statewise list of fresh Covid-19 cases: Maharashtra 66,358, Uttar Pradesh 32,921, Kerala 32,819, Karnataka 31,830 and Delhi 24,149 cases. Stay tuned for corona-related news

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Russia fines Apple $12 million for alleged abuse of dominance in app market

Apple said it "respectfully disagreed" with the FAS ruling and that it would appeal it

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Delhi govt withdraws order on Ashoka Hotel Covid-19 centre for HC judges

A day after declaring the Ashoka Hotel a dedicated Covid facility for judges of Delhi High Court and their family members, the Delhi government withdrew the order after the court took exception.

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Oxygen shortage limits Delhi Covid centre capacity to admit patients: ITBP

The ITBP, tasked to run a newly-created Covid care centre in south Delhi, on Tuesday said that the capacity to admit coronavirus patients at the facility is "limited" due to supply of oxygen

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Musk trolls Bezos as space race between world's richest men heats up

The space race between the world's two richest men went into hyperdrive on Tuesday after Tesla chief Elon Musk took a swipe at Jeff Bezos' attempt to challenge a major NASA contract

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Covid-19: Delhi reports 24,149 new coronavirus cases in a day, 381 deaths

Delhi reported 24,149 new Covid-19 cases and 381 deaths on Tuesday, the highest single-day toll for the national capital since the outbreak of the pandemic

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NBFCs seek fresh debt recast as Covid-19 second wave wreaks havoc

Those who had availed themselves of the recast earlier should get a second chance, the Finance Industry Development Council said in a letter to the RBI

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MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

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Oxygen shortage: Empty cylinders bought from Punjab to set up camp in Delhi

A community camp has been set up in the national capital near the Jangpura-Bhogal area where Covid-19 infected patients are being provided oxygen

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Best of BS Opinion: IPL in India, RBI's new challenge amid Covid, and more

Here are the best of Business Standard's opinion pieces for Wednesday

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Info Edge to sell stake worth Rs 7.5 billion in proposed Zomato IPO

Info Edge on Tuesday said it will sell stake worth Rs 7.5 billion in the initial public offering (IPO) of its investee company Zomato

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E-commerce companies face double whammy of lockdowns, sick staff

Companies struggling to meet delivery timelines; many of their delivery associates are down with Covid-19

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NBFCs seek fresh debt recast as Covid-19 second wave wreaks havoc

Those who had availed themselves of the recast earlier should get a second chance, the Finance Industry Development Council said in a letter to the RBI

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Jio to drive Reliance Industries' March quarter Ebitda, say analysts

On consolidated basis, last year's low base expected to aid sharp jump in net profit

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Decoded: Why higher circulation of currency is normal in abnormal times

In a country like India, where inflation is a curse word, currency in circulation has to be curtailed to control inflation

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Building for scrap: Does India have the capacity to handle this?

Creating the capacity to scrap vehicles in the volumes required to make a significant dent in vehicular pollution will be a tough ask

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MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

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India's Covaxin vaccine 'very important antidote' against Covid: Dr Fauci

Covaxin works by teaching the immune system to make antibodies against the SARS-CoV-2 coronavirus, NYT reports separately.

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US sending 'whole series of help' India needs for Covid-19, says Biden

'When we were in a bind in the very beginning, India helped us,' says the President.

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Monday, 26 April 2021

West Bengal polls: Elections campaigning ends for eighth and final phase

Amid a massive surge in Covid-19 cases, the fierce campaigning for the final phase of polling in West Bengal ended on Monday

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Top stock ideas from Anand Rathi: Buy Hero Moto, Welspun Corp

Off late, the private banks have underperformed but they are showing signs of base formation

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Market Ahead Podcast, April 27: Top factors that could guide markets today

Reserves Bank of India's latest economic readings which point to a minimal impact from the second Covid wave on the economy could help soothe investors' nerves

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Ministry of Ayush issues Covid guidelines for Ayurveda, Unani practitioners

Responding to the need for fresh guidelines amid the second wave of Covid-19 pandemic, the Ministry of Ayush has released revised guidelines for Ayurveda and Unani practitioners

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Goa court to pass verdict in Tarun Tejpal case on Tuesday: Details here

A sessions court in Goa will on Tuesday pronounce its verdict in case of rape trial against former Tehelka editor-in-chief Tarun Tejpal

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CEOs of 40 US companies create global task force to help India fight Covid

In a show of solidarity, CEOs of some 40 top American companies have come together to create a global task force to mobilise resources to help India fight the battle against Covid-19

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Medical oxygen is key to Covid fight, but once it used to be quack remedy

Supplemental oxygen makes the difference between life and death for many Covid-19 patients.

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MARKET LIVE: Global cues, Q4 nos to guide indices; Tech M, Maruti in focus

LIVE market update: At 7.40 am, SGX Nifty was ruling 2 points up at 14,490

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In a nation of inequalities, India's vaccine strategy is bad economics

Free, universal access to inoculation could prepare India better for a third Covid-19 resurgence.

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World Health Organization reserves judgement on Indian coronavirus variant

The World Health Organization (WHO) has warned against jumping to conclusions about a new coronavirus variant discovered in India, saying it had not yet classified it as worrying

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'India's online censorship not aligned with US view of freedom of speech'

The White House said India's order to take down tweets critical to Indian govt handling of Covid-19 is not aligned with America's view of freedom of speech around the world

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Coronavirus LIVE: India records 319,435 cases, 2,764 deaths in last 24 hrs

Coronavirus live updates: India cases stand at 17,625,735. Six most affected states are Maharashtra, Kerala, Karnataka, Uttar Pradesh, Tamil Nadu and Delhi. Stay tuned for corona-related news

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Best of BS Opinion: Coronaviurs, new Chief Justice at helm, and more

Here are the best of Business Standard's opinion pieces for Tuesday

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UP govt mulls to rope in retd doctors, para-medical staff to fight Covid-19

To fight against coronavirus, Uttar Pradesh Chief Minister Yogi Adityanath said retired doctors and para-medical staff can be roped in to increase manpower in hospitals

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Delhi to use Ashoka Hotel as Covid-19 health facility for HC judges, staff

The authorities have directed for converting 100 rooms of Ashoka Hotel in Lutyens' Delhi into a Covid-19 health facility for high court judges, judicial staff and their families

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Uttarakhand records 5,058 new Covid-19 infection cases, 67 deaths in a day

Uttarakhand reported 5,058 new Covid-19 cases and 67 deaths on Monday, officials said

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Gilead announces steps to expand availability of Remdesivir in India

American biopharmaceutical company Gilead has announced steps to expand the availability of remdesivir, a key therapeutic medicine used in the treatment of Covid-19 patients, in India

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US working on war footing to delivery supplies to India in next few days

Prominent among the supplies include oxygen-related equipment, rapid testing kits, and personal protective gear

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Mukhtar Ansari tests positive for Covid-19 in Uttar Pradesh's Banda jail

Gangster-turned-politician Mukhtar Ansari, who was recently shifted from a Punjab Jail to isolation barrack in the District Jail in Uttar Pradesh's Banda, has tested positive for Covid-19

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India was there for us and we will be there for them: US President Biden

India was there for the American people in their hour of need and the US will be there for the country as it meets its worst-ever public health crisis, President Joe Biden said

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Covid-19 boosts digital manufacturing; a business imperative, say firms

The ecosystem for digital manufacturing in In­dia is visible, said the Gateway House re­search study. It isn't as deep as it is in the West or China but is developing breadth and depth

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US says it's 'working nonstop' to deliver supplies India needs for Covid-19

'We have always stood in solidarity with our friends and our partners in India,' says State Department.

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US says it will share 60 million AstraZeneca vaccine doses with world

The inoculation is used around the world but has not yet been authorised by the US Food and Drug Administration.

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Sunday, 25 April 2021

Covid-19 crisis: 5 tonnes of oxygen concentrators dispatched from US

Air India's A102 is transporting five tonnes (5000kg) of oxygen concentrators as cargo from the John F. Kennedy International Airport in New York and is scheduled to land in Delhi by Monday noon

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WB: Voting begins across 34 constituencies for 7th phase of assembly polls

Amid the massive surge in Covid-19 cases in the country, voting in 34 constituencies spread across five districts of West Bengal began at 7 am on Monday for the seventh phase of the Assembly elections

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Week-long curfew imposed in Dehradun district in wake of rising Covid cases

In wake of the surge in Covid-19 cases, district administration imposed a curfew in parts of Dehradun district from 7 pm of April 26 to 5 am of May 3

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US Defense Secretary directs Pentagon to provide material support to India

US Defense Secretary Austin Lloyd has directed the Pentagon to provide all necessary support to Indian healthcare workers battling the worsening coronavirus situation in the country

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Uttar Pradesh govt orders 5 million doses each of Covisheild and Covaxin

To ensure availability of adequate doses of Covid-19 vaccine in Uttar Pradesh, the state government has ordered 5 million doses of Covishield and Covaxin each from manufacturing companies

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4 Covid patients die in Haryana hospital allegedly due to oxygen shortage

4 patients died in a private hospital in Rewari on Sunday allegedly due to a shortage of medical oxygen. District administration launched an investigation to ascertain the reason

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West Bengal election 2021 LIVE updates: Phase 7 polling begins in 34 seats

West Bengal election live updates: All eyes will be on Bhabanipur constituency, of which TMC supremo Mamata Banerjee is the sitting MLA and a resident. Stay tuned for Bengal election latest updates

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Coronavirus LIVE: India records 354,531 cases, 2,806 deaths in last 24 hrs

Coronavirus live updates: India cases stand at 16,602,456. Doctors at AIIMS have found that one patient is now infecting up to nine in 10 contacts. Stay tuned for corona-related news

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Bengal posts record single-day jump of 15,889 Covid-19 cases, 57 deaths

West Bengal on Sunday registered its highest single-day spike of 15,889 Covid-19 cases pushing the tally to 7,43,950, the bulletin released by the state health department said

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Chief Justice Bobde will not be missed

CJI Bobde shied away from hearing important constitutional questions before the Supreme Court

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Best of BS Opinion: Climate change summit, pandemic mismanagement, and more

Here are the best of Business Standard's opinion pieces for Monday

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Amid Covid-19 second wave, Centre may not weigh in on 'essential' debate

Will let states define what kind of e-com deliveries will be allowed

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TechM Q4 preview: Analysts see 52-59% YoY rise in PAT, muted revenue rise

Meanwhile, the investor focus will be on the deal wins, the outlook of communication vertical and 5G opportunity, timelines of wage hikes in FY22 and capital return during the Q4 results announcement

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India Inc may have to keep date with filings as Sebi cites partial lockdown

Auditors struggle with Covid, but no extension likely for FY21 earnings reports

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Navjot Sidhu is back at the crease for the Congress party in Punjab

The Congress' top leadership realises the former cricketer's utility and mass appeal. His oratory skills and ability to whip up mass hysteria in election rallies is acknowledged as an asset

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Amid Covid-19 second wave, Centre may not weigh in on 'essential' debate

Will let states define what kind of e-com deliveries will be allowed

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We will take the white-label route to credit cards: Ujjivan SFB CEO Chugh

Collections and disbursements were better than their pre-Covid levels across all our businesses in March, and for the quarter, said Chugh

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In the digital cross-hair: CTOs will have to be all-rounder for banks

Banks will have to do far more to meld technology with their business, with CTOs playing a pivotal role

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New loan scheme for discoms shows little impact on on clearance of dues

States' pending payments to distributors down just 4% since March 2020

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Home appliance companies seek a place on the list of essential items

This follows similar demands by smartphone and laptop makers

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The Covid effect: Pandemic has enhanced creative output of Indian cinema

As they try to figure out what is possible and what isn't, Indian filmmakers, writers, technicians and actors are pushing the boundaries of their craft.

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Statsguru: 1 in 10 got a shot as India completes 100 days of vaccination

A new phase of vaccination begins on May 1, which will enable everyone above 18 to get vaccinated.

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Covid-19 second wave: BJP CMs favour lockdown disguised as curfew

This despite the prime minister suggesting such a move be the last resort to curb the spread of Covid-19

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Saturday, 24 April 2021

No shortage of oxygen in any Covid hospital in Uttar Pradesh: Adityanath

Chief Minister Yogi Adityanath on Saturday said the state government will conduct an audit of the life-saving gas in collaboration with various institutes.

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Italy becomes 3rd European Union state to fully vaccinate 5 mn people

Italy's coronavirus vaccine rollout hit a major milestone

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Chinese mainland reports 13 fresh coronavirus infections; all imported

China's National Health Commission said in its daily report on Sunday

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Amid Covid crisis, Delhi's Ganga Ram Hospital receives 5 tons of oxygen

Medical oxygen is in short supply across the country

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Manchester United price tag set at 4 billion pounds, says report

The Glazers' 16-year control of Manchester United has been controversial since they took over after an acrimonious 790 million-pound battle.

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Covid vaccine shortage holds emerging markets back from global rally

Some investors are looking past the latest surge in cases, betting that vaccines will proliferate in the developing world.

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155 fresh infections push Meghalaya's coronavirus tally to 15,786

Cases have been on a rise across the country

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3,816 rail coaches available for use at present for Covid care: Railways

These are being deployed as per demand by the state government, said the Ministry of Railways

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Arunachal govt shuts down schools from Apr 26 amid soaring Covid cases

The state has decided to close all the schools, including hostels, from April 26

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Oxygen shortage in Delhi hospital, over 50 patients in need of supply

Delhi's Penatamed Hospital on Saturday reported a severe oxygen shortage

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NASA, Elon Musk's SpaceX launch four astronauts to space station

This is the third crewed mission of the US commercial rocket company in less than a year.

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Chinese billionaire's net worth tumbles $10 bn after Archegos implosion

The billionaire's online tutoring firm, GSX Techedu Inc., has been battered in the stock market

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Indonesia navy declares missing submarine with 53 people aboard sunk

Indonesia's navy has declared its missing submarine had sunk and cracked open after finding items from the vessel over the past two days

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Bihar reports 77 more coronavirus deaths, 12,359 fresh infections

Bihar's coronavirus death toll rose to 2087

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BJP flouting EC Covid safety norms, claims TMC's Abhishek Banerjee

Trinamool Congress MP Abhishek Banerjee on Saturday attacked the BJP

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Bengal makes wearing masks mandatory in public places as Covid cases surge

The govt directed the police to initiate legal action against the violators under the Disaster Management Act

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Centre okays supply of 435,000 vials of Remdesivir to Maha; CM thanks Modi

Thackeray on Saturday thanked Prime Minister Narendra Modi after the Central government approved the supply of 4,35,000 vials of Remdesivir to the state

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Jharkhand reports 63 fresh Coronavirus fatalities, 5,741 new cases

Jharkhand's Covid-19 death toll rose to 1,778

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Assam reports 2,236 fresh Covid-19 infections, 14 more fatalities

The fresh fatalities pushed the coronavirus death toll to 1,186

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World's fastest recovery outlook at risk as coronavirus sweeps India

The reluctance by economists to revisit growth forecasts just yet possibly stems from expectations for the crisis to blow over soon.

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World's fastest recovery outlook at risk as coronavirus sweeps India

The reluctance by economists to revisit growth forecasts just yet possibly stems from expectations for the crisis to blow over soon.

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Coronavirus LIVE: Hospitals beg for oxygen, Delhi HC pulls up govts

Coronavirus live updates: Bharat Biotech sets price for its Covaxin vaccine; Serum Institute defends the cost of its Covishield shot in the market.

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Oxygen shortage: Six patients die at Covid-19 hospital in Punjab's Amritsar

Six patients died at a private hospital here on Saturday due to the shortage of oxygen, hospital authorities said

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Oxygen crisis: Rahul Gandhi urges Delhi govt to help families of victims

Congress leader Rahul Gandhi on Saturday condoled the death of critically ill patients at a hospital in Delhi amid a serious oxygen crisis

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Covid-19 challenge bigger than last year, stop it from hitting villages: PM

Prime Minister Narendra Modi on Saturday said the Covid-19 challenge before the country now is bigger than the last year and it should be stopped from hitting villages "by all means"

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At 150,000 active Covid cases, Bengaluru is worst-hit Indian district

The Karnataka Task Advisory Committee on Covid has asked the state govt to impose stringent lockdown for at least 14 days

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CBI searches ex-Maharashtra minister Anil Deshmukh's house in Mumbai

The CBI on Saturday conducted searches at former Maharashtra home minister Anil Deshmukh's premises in Mumbai and his hometown Nagpur

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20 patients die in Delhi's Jaipur Golden Hospital amid oxygen scarcity

The hospital received the last refill of oxygen around midnight, after hours of delay

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Tata, Linde procure 24 oxygen transport tanks in Germany, await airlifting

On April 21, the Tata Group had stated that it is 'committed to doing is much as possible to strengthen the fight against Covid-19' and to 'mitigate the oxygen crisis'

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Justice N V Ramana sworn in as 48th Chief Justice of India by President

Justice Ramana took the oath at a brief ceremony held at Rashtrapati Bhawan

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Nearly 68% Delhi residents want curfew to continue amid Covid surge: Survey

As hundreds die every day due to Covid in the capital, citizens' opinion titled towards stricter curbs

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Friday, 23 April 2021

Uttarakhand glacier burst: Indian Army rescues 291 in Neeti Valley

Rescue operations are still in progress to search for the persons still trapped under snow or stranded at worksites since late evening

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CBI books ex-Maharashtra Home Min Anil Deshmukh over bribery allegations

The probe agency had carried out a preliminary enquiry on the orders of Bombay High Court to look into the allegations against him levelled by former Mumbai Police Commissioner Param Bir Singh

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Climate partnership to be 'core pillar' of US-India relations: Joe Biden

Biden said he was "looking forward to working with Prime Minister Modi's new partnership to achieve our climate and energy goals, making this a core pillar of our bilateral co-operation"

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Shekhar Gupta: Because the virus doesn't vote

There are things a strongman leader never does, like admitting he has erred. Three recent instances show that Narendra Modi, for the first time in seven years, has blinked

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How India's devastating 2nd coronavirus wave has hit its urban affluent

The affluent cities of Mumbai and Pune account for almost 30% of Maharashtra state's active cases while housing 14% of its population

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Pressure on Biden admin to ship AstraZeneca vaccine, supplies to India

Congresswoman Rashida Talib tweeted that the Covid-19 crisis in India is a harsh reminder that the pandemic is not over until the whole world is safe

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Coronavirus LIVE: India records 345,147 cases, 2,621 deaths in last 24 hrs

Coronavirus live updates: India cases stand at 16,602,456. Maharashtra, Kerala, Delhi, Karnataka, UP, Tamil Nadu and West Bengal remain among the worst-hit states. Stay tuned for corona-related news

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Best of BS Opinion: Cyber attacks, changing global economies, and more

Here are the best of Business Standard's opinion pieces for Saturday

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Second wave: 1,000 tankers out on long road as patients gasp for breath

Not about supply of oxygen alone, it's also about transportation and storage

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ULIPs remain popular despite tax tweak, on par with equity mutual funds

Industry players say awareness of products rose after Budget

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Appliance firms staring at brief production halt amid lockdown

Panasonic set to shut its Jhajjar plant for a week starting Monday

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Process to derive LIC's embedded value may take more than a quarter

It's a significant preparatory step for the initial public offering of the country's largest insurer

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RIL to pare stake in Hathway Cable; to launch Rs 442-crore OFS on April 26

Sebi rules prescribe that promoters cannot hold more than 75 per cent in a company

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Economic response to the second wave of coronavirus pandemic

State-specific income support and vaccine vouchers would be the best use of fiscal resources in the near term

from Latest News https://ift.tt/3tNyPLA

Thursday, 22 April 2021

Facing backlash, UP govt revises Covid-19 patients admission policy

The Uttar Pradesh government on Thursday revised its order enabling admission of Covid-19 patients in private hospitals with referral of the Integrated Covid Command Center after facing criticism

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Jharkhand govt announces free Covid-19 vaccine for people above 18 years

Jharkhand Chief Minister Hemant Soren on Thursday night said that his government will provide Covid-19 vaccine to people above 18 years of age for free

from Latest News https://ift.tt/3tJ0n4R

Health ministry advises proning position in self care for Covid-19 patients

The Union health ministry on Thursday advised proning for self care' for coronavirus patients, stating it is extremely beneficial for such patients

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Even record death toll may hide extent of India's Covid-19 crisis

On Thursday, India blew past the global record of daily new infections with 314,835 new cases. With nearly 16 million cases in total, it is the second-worst affected nation in the world

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Climate summit: Modi announces launch of India-US clean energy partnership

Prime Minister Narendra Modi on Thursday announced partnership with the US for the "Agenda 2030" initiative to combat climate change

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Thief in Haryana returns stolen Covid-19 vaccine with a 'Did not know' note

Over 1,700 doses of Covid-19 vaccine that were stolen from a government hospital in Haryana's Jind district on Wednesday night were returned hours later by the unidentified thief

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Govt issues revised clinical guidance for management of Covid-19 patients

Union health ministry has issued a revised guidelines, recommending the EUA/off-label use of Tocilizumab drug in case of severe diseases, preferably within 24 to 48 hours of the onset of the disease

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Dislocated priorities: Why profit motive can't defeat the pandemic in india

A country of 1.4 billion people needs a system to support their most basic need: survival

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US Senate passes bill to fight hate crimes against Asian Americans

The Senate on Thursday passed a bill that would help combat the rise of hate crimes against Asian Americans and Pacific Islanders

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Mumbai: Govt staff, health workers can use local trains; media excluded

With new restrictions coming into force in Maharashtra from Thursday, the state govt said only government personnel and health workers will be allowed to travel by suburban trains in Mumbai

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Manoj Tiwari, BJP MP from North East Delhi, tests positive for Covid-19

BJP Lok Sabha MP from North East Delhi, Manoj Tiwari, tested positive for Covid-19 on Thursday

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Top headlines: Govt likely to ease tax compliance deadline; Nifty turns 25

From govt examining industry demands to centre stepping in to counter oxygen crisis, here are the top headlines this morning

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Gold price today at Rs 50,850 per 10 gm, silver trending at Rs 70,300 a kg

In New Delhi, the price of 22-carat gold is at Rs 46,650 per 10 gm, while in Chennai it fell to Rs 45,370

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Human Rights Commission seeks reply from Maharashtra over patients' deaths

Taking cognisance of BJP leader Kirit Somaiya's complaint about the death of 62 Covid-19 patients in Vasai-Virar area, the Maharashtra State Human Rights Commission issued a notice to the state

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WB polls: Cong takes dig at EC over restrictions announced on campaigning

The Congress said the direction has come late as the Assembly elections in four states and a Union Territory are almost over

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Oxygen Express coaches start journey for Maharashtra from Visakhapatnam

The first 'Oxygen Express' carrying liquid medical oxygen departed for Maharashtra from Visakhapatnam on late Thursday night

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Coronavirus LIVE: 13 Covid patients dead in fire at Maharashtra hospital

Coronavirus live updates: India cases stand at 16,257,309. UP, Bengal, Kerala, Gujarat report biggest single-day surge; PM Modi to chair high-level meetings today. Stay tuned for corona-related news

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Centre's disinvestment plan: A stress test for zombie steel plants

The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players

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Best of BS Opinion: Mismanaged coronavirus crisis, oxygen supply, and more

Here are the best of Business Standard's opinion pieces for Friday

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Govt examining industry demands; breather on tax compliance deadline likely

Proposals for a 3-month extension of compliance timeline being considered

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Used luxury car market on a roll as volumes slowly accumulate

Martin Schwenk, country head for Mercedes-Benz, says the ratio of used Mercs to new ones is 1:4 - that is 25 per cent of all its car sales, underscoring the importance of the segment

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Delhi curfew, oxygen shortage take a toll on Noida industrial belt

Rough estimates by local industry owners indicate that at least 15 per cent of the 600,000-odd migrant workers employed in the region have already gone back

from Latest News https://ift.tt/3eo8ZqZ

Centre's disinvestment plan: A stress test for zombie steel plants

The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players

from Latest News https://ift.tt/3dENbs2

Wednesday, 21 April 2021

Gold price today at Rs 50,810 per 10 gm, silver trending at Rs 68,800 a kg

In New Delhi, the price of 22-carat gold is at Rs 46,590 per 10 gm, while in Chennai it fell to Rs 45,060

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'Please help!' India's Covid-19 tragedy spills onto social media

Twitter, Facebook, Instagram, WhatsApp and Telegram inundated with messages begging for hospital beds, medicines.

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Covid-19: Singapore asks travellers from India to quarantine for 3-week

All travellers from India should be isolated for 21 days instead of 14 to help strengthen Singapore's defences against a new double mutant strain of SARS-CoV-2 that appears to be more infectious

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Punjab registers 130 FIRs against violators of Covid-19 norms in 24 hours

A total of 130 FIRs were registered against violators of Covid-19 norms in the last 24 hours across the state, Punjab Police has informed

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20 people detained at unauthorised rally of Navalny supporters in Moscow

Around 20 people have been detained at an unauthorised rally in support of jailed opposition figure Alexey Navalny in Moscow, the Public Observation Commission told Sputnik

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Australia cancels two infra deals with China on national interest grounds

Australia has cancelled two Chinese Belt and Road infrastructure building initiative deals with a state government, provoking an angry response from Beijing

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'Mortal Kombat' retains essence of game, spirit of original movie: Chin Han

Actor Chin Han, who plays the sorcerer Shang Tsung in "Mortal Kombat", said the film retains the spirit of the popular game as well as the original film that released in 1995

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Assembly elections: West Bengal gears up for sixth phase of polls today

In this phase, election will be conducted in nine constituencies each in North Dinajpur and Nadia districts, 17 in North 24 Parganas and eight in East Burdwan

from Latest News https://ift.tt/3n7KbHC

Coronavirus LIVE: India records 315,802 new cases in worst single-day spike

Coronavirus live updates: India has added 1,737,683 Covid cases in the last 7 days. Stricter curbs in Maharashtra from today. Stay tuned for corona-related news

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Israel says it strikes targets in Syria in response to missile attack

A missile launched from Syria struck Israel's Negev desert region early Thursday, setting off air raid sirens near the country's top-secret nuclear reactor, the Israeli military said

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West Bengal election 2021 LIVE: Phase 6 polling from 7 am in 43 seats

West Bengal election live updates: Prominent names in the sixth phase of the Assembly polls include BJP's national vice president Mukul Roy. Stay tuned for Bengal election latest updates

from Latest News https://ift.tt/3gAnNWp

Not feasible to club remaining phases of West Bengal assembly polls: EC

EC on Wednesday told TMC leader Derek O'Brien that it is not feasible to club the remaining three phases of the ongoing West Bengal assembly elections amid the Covid-19 pandemic

from Latest News https://ift.tt/2RL6Rlo

US CDC issues level 4 travel advisory for India over rising Covid-19 cases

US' Centers for Disease Control and Prevention (CDC) has issued a level 4 travel health notice for India due to Covid-19, indicating a very high level of coronavirus infections in the country

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US: North Carolina deputy fatally shoots Black man while serving warrant

A North Carolina deputy has shot and killed a Black man while executing a search warrant, authorities said, spurring an outcry from a crowd of dozens that immediately gathered at the scene

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Covid-19 pandemic: Centre raises Delhi's oxygen quota to 480 metric tonnes

With several private and government hospitals in Delhi running low on medical oxygen for Covid-19 patients, the Centre raised the national capital's oxygen quota to 480 metric tonnes on Wednesday

from Latest News https://ift.tt/3veZeSV

Nasa's Perseverance Mars rover extracts first oxygen from Red Planet

The growing list of "firsts" for Perseverance, Nasa's newest six-wheeled robot on the Martian surface, includes converting some of the Red Planet's thin, carbon dioxide-rich atmosphere into oxygen

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Raw material imports from US to produce vaccines may take a month

The Joe Biden administration's decision to invoke the US Defense Production Act has blocked exports of crucial raw materials used in vaccine production

from Latest News https://ift.tt/3emUZOf

States may need Rs 30,000 cr to vaccinate 70% of those in 18-44 age group

Centre's support and private sector participation may relieve some of the load

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Employee vaccination spending may not classify as CSR, says Centre

Centre reluctant; experts say it could speed up vaccine drive

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Covid-ravaged Indian cinema's plot falters, will take years to pick up

The pandemic has devastated the film business. It will take years to pick up the pieces. Part 1 of a two-part series

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Exiting equities now can be a costly mistake, might miss out good mkt rally

Timing one's re-entry correctly is very difficult

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Best of BS Opinion: Future of television, Unicorn seeding, and more

Here are the best of Business Standard's opinion pieces on Thursday

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Indian short video apps have filled the TikTok void: RedSeer report

Daily unique active users for these apps are at 97 per cent of the total number in June 2020, when TikTok was banned in India

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Tuesday, 20 April 2021

India's sugar production seen rising again in the new season: USDA

Assuming normal rainfall and favorable weather conditions, India's centrifugal sugar production in marketing year (MY) 2021/22 (October-September) is forecast to grow 3% to 34.7 million metric tons

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A giant step forward but we can't stop here: Biden after Floyd verdict

US President Joe Biden has said the conviction of former Minneapolis Police Officer Derek Chauvin in the killing of George Floyd is a giant step forward in the fight against systemic racism

from Latest News https://ift.tt/3svzqjC

Delhi Police sets up green corridor for tankers carrying oxygen to hospital

Delhi Police on Tuesday said that it had set up a green corridor for the movement of oxygen containers from source to a hospital treating Covid-19 infection

from Latest News https://ift.tt/32El6KV

UP announces free Covid-19 vaccination for all above 18 years from May 1

Uttar Pradesh will provide the Covid-19 vaccine free of cost from May 1, as India's vaccine net widens to include all people over the age of 18

from Latest News https://ift.tt/3n7tFaU

Army to convert Delhi Base Hospital to Covid-19 facility for its personnel

Indian Army will from Thursday convert its Base Hospital located in Delhi Cantt into an exclusive Covid-19 facility for Indian armed forces and veterans

from Latest News https://ift.tt/2QD4NLQ

J&J to resume rollout of Covid-19 vaccine in Europe with safety warning

(Reuters) -Johnson & Johnson said on Tuesday it will resume rolling out its COVID-19 vaccine in Europe after the region's medical regulator said the benefits of the shot outweigh the risk of very rare, potentially lethal blood clots.

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Top headlines: 'Lockdown must be last resort'; vax may cost Rs 1,000 in pvt

From PM Modi saying that Lockdown must be the last resort to manufacturers looking to boost capacity as govt enhances vaccination scope, here are top headlines this morning

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Gold price today at Rs 50,520 per 10 gm, silver trending at Rs 68,600 a kg

In New Delhi, the price of 22-carat gold is at Rs 46,300 per 10 gm, while in Chennai it fell to Rs 44,500

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Govt waives import duty on Remdesivir API, injections and specific inputs

The import of Remdesivir Active Pharmaceutical Ingredients (API), injections and specific inputs have been made import duty free till October 31

from Latest News https://ift.tt/2Qms8ld

US: Ex-cop Chauvin guilty of murder and manslaughter in Floyd's death

Former Minneapolis Officer Derek Chauvin was convicted on Tuesday in a case that triggered worldwide protests, violence and a furious reexamination of racism and policing in the US

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Apple packs iPad Pros, iMacs with M1 chips and jumps into tracking tags

The announcements show how the iPhone maker is accelerating the expansion of its product portfolio and working to keep customers committed to its family of devices

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Latest news LIVE: US cop Derek Chauvin convicted of George Floyd's murder

Chauvin was found guilty on all charges: second-degree unintentional murder, third-degree murder and second-degree manslaughter. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India records nearly 300,000 new Covid cases, 2020 deaths

Coronavirus live updates: India has added 1,628,641 Covid cases in the last 7 days. CM Uddhav Thackeray is likely to take a call on lockdown in Maharashtra today. Stay tuned for corona-related news

from Latest News https://ift.tt/3sATaCy

$1-bn outflows: FPIs turn wary of India on worsening coronavirus crisis

Covid-19, US yields, dollar to weigh on equity flows in the near term

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Despite grim outlook, fiscal stimulus unlikely for India Inc this year

"The impact on GDP would not be significant due to lockdowns in some states and the estimates made in the Budget have been conservative," said another government official

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Manufacturers look to boost capacity as govt enhances vaccination scope

Firms work to secure raw material locally as imports remain a challenge

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Coronavirus vaccine shot may cost Rs 1,000 in private market: Sources

Could be priced at Rs 600-650/dose for institutional sales

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Be mindful of sub-limits on mental illnesses in your insurance cover

OPD covers compensate for counselling sessions, but these always have a sub-limit

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Coke, Pepsi report stable financial in March quarter, but Covid cloud looms

Cola majors say they will monitor localised lockdowns, vaccination progress

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IL&FS case complexities reveal what India's resolution mechanism is lacking

A stretched rescue process reveals critical deficiencies in India Inc's corporate layering and resolution mechanism worsened by the pandemic

from Latest News https://ift.tt/3txy1KC

In India's conflict-ridden zones, 60% trust state police over army

Thirty-nine per cent also believe that the police are corrupt in conflict-affected regions, while 20 per cent shared such a perception of the paramilitary/army, study says

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Govt drops import duty on remdesivir ingredient, injections for Covid-19

Remdesivir is being used to treat Covid-19 patients, jacking up its demand.

from Latest News https://ift.tt/3dFFPol

Monday, 19 April 2021

Coronavirus: US advises its citizens to avoid travelling to India

US' Centers for Disease Control and Prevention (CDC) had advised its citizens to avoid travelling to India amid a massive surge in Covid-19 cases in the country

from Latest News https://ift.tt/3dxiZir

Act against vaccine hoarders, not political opponents: Ashok Chavan

Maharashtra Minister Ashok Chavan has said the government should use the central agencies against hoarders of Covid vaccines and injections, instead of using them against the political opponents

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Covid-19: Migrant workers scramble to leave as Delhi goes under lockdown

Hundreds of migrant workers thronged at the Anand Vihar Bus Terminal on Monday evening to board the buses for their native places

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Covid-19: First 'Oxygen Express' train leave from Mumbai region to Vizag

The first 'Oxygen Express' departed from Central Railway's Kalamboli yard on Monday evening to ferry liquid oxygen for Maharashtra from Vishakhapatnam steel plant in Andhra Pradesh

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US: Murder case against ex-cop in George Floyd's death goes to the jury

The murder case against former officer Derek Chauvin in the death of George Floyd went to the jury on Monday in a city on edge against another round of unrest

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US Capitol violence: Apple signals return of social app Parler in App store

Apple said it has reached an agreement with the right-wing social app Parler that could lead to its reinstatement in the company's app store

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Night curfew in Kerala from Tuesday amid surge in coronavirus cases

Night curfew for two weeks will be imposed in Kerala amid the recent surge in Covid-19 cases across the state.

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Coronavirus LIVE: India records 256,947 new cases, death toll hits 180,550

Coronavirus live updates: India has added 1,532,388 Covid cases in the last 7 days, followed by the US (493,159) and Brazil (460,528). Stay tuned for corona-related news

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US immigration enforcement agencies to stop referring migrants as 'aliens'

Employees of the two main US immigration enforcement agencies have been directed to stop referring to migrants as aliens, a dated term that many people consider offensive

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Karnataka opposition averse to lockdown, favours Section 144: Details here

Bengaluru legislators and MPs on Monday unanimously favoured imposing prohibition of unlawful assembly of people instead of enforcing measures like lockdown, partial lockdown or night curfew

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Delhi reports 23,686 new Covid-19 infection cases in 24 hours, 240 deaths

As many as 240 people lost their lives to Covid-19 -- the highest-ever number of deaths registered in a single day in the national capital -- and 23,686 fresh coronavirus infections

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China brought enormous force to border without provocation: S Jaishankar

China brought enormous force to the border, apparently referring to the Line of Actual Control (LAC), without provocation, said Minister of External Affairs S Jaishankar on Monday.Speaking at the All India Management Association National Leadership Conclave, the external affairs minister pointed that for the last 40 years, India and China have had peace and tranquillity on the border though not "suggesting that we solved the boundary dispute"."For last 40 years, we have had peace and tranquillity on the border. I'm not suggesting that we solved the boundary dispute... But the rest of our relationship got built on an assumption that neither would use force or threaten another. We had different agreements that translated those good intentions into commitments," he said at the conclave."Last year, that changed. The Chinese, without provocation, brought an enormous force to the border. This not rocket science; you cannot disrupt peace & tranquillity at the border and carry on with ..

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BJP accuses Delhi govt of failing to shield people from Covid-19 spurt

BJP's Delhi unit on Monday accused the Arvind Kejriwal government of failing to protect the people from surging Covid-19 cases in the city

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Over 127 mn coronavirus vaccine doses administered so far: Health Ministry

India has administered more than 127 mn coronavirus vaccine doses to eligible beneficiaries till Monday evening, the Union Health Ministry said

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Climate activist Greta Thunberg joins fight against vaccine inequity

Greta Thunberg has urged governments, vaccine developers and the world to step up their game to fight vaccine inequity after the richest countries snatched up most Covid-19 vaccine doses

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Mankind Pharma eyes 50% revenue from chronic therapy drugs in 3 years

With the launch, the company has become the first Indian and second global firm to develop the drug, which is a generic version of Abbott's Duphaston

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Best of BS Opinion: Covid's impact on economy, India's EEZ, and more

Here are the best of Business Standard's opinion pieces on Tuesday morning

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Covid-19 negative: Testing time for Railways, opportunity for racketeers

According to a Railway Ministry spokesperson, Maharashtra, Uttarakhand, and Odisha have written to the Centre mandating Covid-19 testing for inbound rail commuters.

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Recovery tracker: Workplace visits lowest since Dec, power generation hit

Workplace visits are now down by nearly a quarter compared to normal times

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Cash-strapped patients with Covid-19 infection can consider loans

In a health emergency, speed of disbursement is more important than cost

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How GIC's ownership problem is keeping insurance biz from growing up

Government shareholding and preferential regulation have skewed the reinsurer's efficiency and, by extension, that of the non-life insurance industry's too

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White House 'no comment' on Serum appeal to lift ban on vaccine ingredients

Serum Institute says Biden administration is blocking exports of raw materials that it needs to make Covid-19 vaccines.

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Texas police to seek Tesla vehicle crash data as Musk denies autopilot use

Police say evidence suggests there was nobody in the driver's seat of the Model S when it crashed and killed 2 persons.

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Sunday, 18 April 2021

Covid-19: Jharkhand seeks Centre's nod to import Remdesivir from Bangladesh

Jharkhand government sought permission from the Centre to import 50,000 vials of the Covid-19 drug from a Bangladeshi pharmaceuticals company

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Syria to hold presidential election on May 26, nominations begin April 19

The Parliament of Syria has announced that the country will hold its presidential election on May 26, while the candidate registration is to begin on April 19

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Covid-19: Hong Kong suspends flights connecting India from Apr 20 to May 3

Hong Kong has announced the suspension of all flights connecting with India for 14 days starting Tuesday amid the rising number of Covid-19 cases in the region

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In US, half of adults have received at least one Covid-19 vaccine shot

Half of all adults in the US have received at least one COVID-19 shot, the government announced Sunday, marking another milestone in the nation's largest-ever vaccination campaign but leaving more work to do to convince skeptical Americans to roll up their sleeves. Almost 130 million people 18 or older have received at least one dose of a vaccine, or 50.4 per cent of the total adult population, the Centers for Disease Control and Prevention reported. Almost 84 million adults, or about 32.5 per cent of the population, have been fully vaccinated. The U.S. cleared the 50 per cent mark for adults just a day after the reported global death toll from the coronavirus topped a staggering 3 million, according to totals compiled by Johns Hopkins University, though the actual number is believed to be significantly higher. In other developments, the nation's top infectious diseases expert indicated Sunday that the government will likely move to resume use of Johnson & Johnson's COVID-19 ...

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Covid-19: Rajasthan govt orders closure of offices, markets until May 3

In a bid to contain the spread of coronavirus, the Rajasthan government ordered the closure of offices and markets from Monday to May 3, according to a release

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Why use muscle? Let a bot be the debt collector and never lose a customer

Like in most emerging markets, these last-mile hurdles pose a frustratingly complex challenge to India's creditors. They also increase the overall risk premium for rural advances

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Coronavirus LIVE: India records 275,306 fresh cases; Maharashtra 68,631

Coronavirus live updates: India has added 1 million Covid-19 cases in the last four days alone. Bengal registered 8,419 new cases, Delhi 25,462 in the last 24 hrs. Stay tuned for corona-related news

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US: Vigil, 'peace walk' in Chicago after 13-year-old boy shot by a police

People gathered around Chicago on Sunday to remember a 13-year-old boy fatally shot by a police officer and to call for changes in policing and an end to gun violence

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Two passengers killed as Tesla car with 'no one' driving crashes in Texas

One victim was found in the front passenger seat of a 2019 Model S and the other was in the rear.

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Chip shortage casts shadow on China's auto industry recovery: Details here

Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China

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India may build new coal plants due to low cost despite climate change

Coal's contribution to electricity generation in India fell for the second straight year in 2020

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GST evasion by winning bidders: Rly purchases since July '17 face enquiry

DGGI decision relates to misclassification of supplies

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Covid-19: Remdesivir output to be doubled to 7.4 mn doses by April-end

18 new sites get DCGI consent to make antiviral used for treating Covid-19

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Govt panel to iron out e-commerce delivery hurdles in curfew-hit states

E-commerce firms also making arrangements to keep their supply chains running

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Behind low vaccine orders: Ghost of swine flu, laxity on second wave

The health ministry estimated that these two groups of workers would need about 66 million doses, taking into account wastage

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Covid-19 wave pushes packaged, hygiene goods consumption back in focus

Demand for products such as honey, chawanprash and ayurvedic teas has jumped by 60 per cent in April.

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IBM engaged in research to arm computers with Indian languages

IBM is engaged in research on Indian languages in a bid to develop new artificial intelligence applications in key industries

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Cybercriminals make the most of Covid amid increased digital user presence

A recent study by Norton Cyber Safety Insights Report puts the spotlight on cybercriminal activity in India and its impact

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Star India retains Pro Kabaddi League media rights for Rs 181 crore

The franchisees have also slammed the organisers for keeping them out of the core committee on auctions

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5G's bouquet of promises: A technology that can change our lives forever

With the myriad possibilities that super high speeds and ultra-low latency could bring, telcos in India are looking at killer applications to attract consumers initially

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Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

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Negative Covid-19 report must for train passengers arriving in Maharasthra

Train passengers from Kerala, Goa, Rajasthan, Delhi-NCR, Gujarat and Uttarakhand will now be required to produce a negative RT-PCR test report taken at most 48 hours before travelling to Maharashtra

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Best of BS Opinion: Beyond the Jal Shakti Abhiyan, vaccine supply, and more

Here's a selection of Business Standard opinion pieces for the day

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Saturday, 17 April 2021

Pakistan Foreign Minister Shah Mahmood Qureshi embarks on UAE visit

Pakistani Foreign Minister Shah Mahmood Qureshi has embarked on a three-day official visit to the United Arab Emirates (UAE), according to the Foreign Ministryin Islamabad

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Raging Covid-19 pandemic isn't going to free up middle seats on planes

The risk of catching the virus onboard drops by 57% when middle seats are left unoccupied on planes, according to a study released Wednesda

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Delhi govt makes 14-day home quarantine mandatory for Kumbh returnees

The Delhi government has issued an order making it mandatory for all residents of Delhi who visit the Kumbh in Haridwar to quarantine themselves at home for fourteen days on return

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Toyota partners with fuel giant Sasol to pioneer hydrogen-powered mobility

Japanese automotive manufacturer Toyota has partnered with South African fuel giant Sasol to develop a green hydrogen-powered mobility ecosystem

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Myanmar's military leader willing to join ASEAN summit: Thai Foreign Min

Thailand's foreign ministry on Saturday revealed that Myanmar's military leader, Senior General Min Aung Hlaing, is reportedly expressing his intention to attend a summit of the ASEAN

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Open book exams for UG and PG students: MP Higher Education Minister

Amid a surge in cases, Madhya Pradesh Higher Education Minister Mohan Yadav on Saturday informed that open-book exams will be held for final year students of Under Graduate and Post Graduate programs

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Alexei Navalny's doctor says Putin critic ''could die at any moment''

A doctor for imprisoned Russian opposition leader Alexei Navalny, who is in the third week of a hunger strike, says his health is deteriorating rapidly and the 44-year-old could be on verge of death

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Ant Group denies report it's exploring ways for Jack Ma to sell stake

The company hoped that Ma's stake would be sold to existing shareholders in Ant or its e-commerce partner Alibaba Group Holding Ltd., Reuters said

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Covid-19 will leave deep scars in world economy even after recovery

Legacies of stunted education, destruction of jobs, war-era levels of debt and widening inequalities will cost poorest nations most.

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Latest News LIVE: Parties prep for WB phase 6; Jaishankar visits Abu Dhabi

Iran's top negotiator at nuclear talks underway in Vienna said on Saturday that the discussions were on the right track and consultations would continue. Follow LIVE UPDATES Here

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Founder of Adobe and developer of PDFs Charles Chuck Geschke dies at age 81

Charles Chuck Geschke the co-founder of the major software company Adobe Inc. who helped develop Portable Document Format technology, or PDFs died at age 81

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US, China agree to work together to tackle climate crisis, says John Kerry

China and the United States have agreed to cooperate on the issue of climate change, US Special Presidential Envoy for Climate John Kerry and China Special Envoy for Climate Change Xie Zhenhua said

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Designate Mexican drug cartels as terror organisations: Texas Gov to Biden

US state of Texas Governor Greg Abbott has urged President Joe Biden to designate Mexican drug cartels as foreign terrorist organisations

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UP govt to treat suspected Covid-19 patients as 'presumptive patients

Uttar Pradesh on Saturday issued an order that patients whose RT-PCR tests are negative but are suspected to be Covid-19 positive will be treated as Covid patients in category of 'Presumptive Covid'

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Ingenuity: NASA to attempt 1st controlled flight on Mars as soon as Monday

NASA is targeting no earlier than Monday, April 19, for the first flight of its Ingenuity Mars Helicopter

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Covid-19: Sri Lanka may impose restrictions on overseas returnees

Samaraweera said the foreign arrivals to the country have to be regulated to prevent further spread of Covid-19 that has infected over 96,000 people and claimed 615 lives in the country

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Iran says 'good' progress made on nuclear talks, discussion on right track

Iran's top negotiator at nuclear talks under way in Vienna said on Saturday that the discussions were on the right track and consultations would continue

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Covid: Outdoor mask-wearing no longer required in Israel as infection drops

Amid a drop in Covid-19 infection rates in Israel, the country's Health Ministry has cancelled the mandatory wearing of face masks in the open-air, starting Sunday

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EU envoy to Afghanistan hopes Taliban will not miss Turkey conference

Andreas von Brandt, the EU ambassador in Afghanistan, on Saturday urged the Taliban to take the upcoming UN-led conference on Afghanistan seriously and hoped that the Taliban will not miss it

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Prez Joe Biden says situation with Alexey Navalny 'totally unfair'

US President Joe Biden on Saturday said the situation with Russian opposition figure Alexey Navalny, who is currently serving a two-and-a-half prison term, is "totally unfair"

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Africa's confirmed Covid cases pass 4.4 million, death toll at 117,378

The number of confirmed Covid-19 cases in Africa has reached 4,408,245 as of Saturday, the Africa Centers for Disease Control and Prevention (Africa CDC) said

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IAEA confirms Iran started enriching Uranium upto 60%, reached record level

IAEA has confirmed that Iran started enriching uranium up to 60 per cent, reaching its highest-ever level of enrichment, a spokesperson for the IAEA told Sputnik

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Russian dissident Alexei Navalny 'could die any moment' in prison: Doctor

Physician says test results he got from Navalny's family show the politician with elevated levels of potassium, which can bring on cardiac arrest.

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Friday, 16 April 2021

Bengal phase V polls: Another round of 'Khela' begins today amid Covid fear

Amid the nationwide surge in Covid-19 cases, the next round of 'Khela' will begin in West Bengal as 45 seats will go to polls on Saturday in phase five of the multi-phased election

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US likely to up Afghanistan force to ensure safe military drawdown

The US will likely increase its troop presence in Afghanistan temporarily over the coming weeks and months in order to fulfill President Joe Biden's order to withdraw all forces from the country

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Russia to expel at least 10 US diplomats, puts officials on no-entry list

Moscow plans to expel 10 diplomats from the US and ban several high-ranking officials from entering Russia, in retaliation for sanctions imposed by Washington this week

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Covid-19: Uttarakhand govt restricts entry of people in state secretariat

Amid the rise in Covid-19 cases in the state, the Uttarakhand government has restricted the entry of people in the state secretariat

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US, Japan to work together to handle 'challenges' posed by China: Biden

Affirming his "ironclad" support for the US-Japanese alliance, President Joe Biden on Friday said that both the countries are committed to work together to take on the challenges posed by China

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UN Security Council agrees to deploy cease-fire monitors in Libya

International monitors will watch over a nearly six-month-old cease-fire agreement in Libya, the U.N. Security Council decided in a vote announced Friday

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Germany: Angela Merkel receives first jab of AstraZeneca Covid vaccine

German Chancellor Angela Merkel received on Friday her first dose of AstraZeneca Covid-19 vaccine, she announced via government spokesman Steffen Seibert on Twitter

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10 Senators ask Biden to back India's proposal to get TRIPS waiver at WTO

The proposal seeks to temporarily lift certain intellectual property barriers and allow countries to locally manufacture Covid-19 diagnostics and vaccines

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Top headlines: Govt push to step up vax output; normal monsoon in 2021

From Govt pushing to step up Covid-19 vaccine output 10 times, to Adar Poonawalla urging US Prez to lift ban on export of vaccine raw material, here are top headlines this morning

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West Bengal election 2021 LIVE: Phase 5 voting to begin shortly amid Covid

West Bengal election 2021 LIVE: Phase 5 is crucial for Mamata Banerjee, since these are the regions where BJP gained a foothold in 2019 Lok Sabha polls. Stay tuned for Bengal election LIVE updates

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Govt's draft proposals tie insurance FDI hike to solvency margin

Draft proposes 180% if firms with over 49% foreign stake declare dividend

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Coronavirus LIVE: India sees 233943 cases, 1338 deaths in record 24-hr rise

Coronavirus live updates: India added over 650,000 Covid cases in the last three days alone. Mumbai registered 17,635 new cases, Delhi 19,486 in the last 24 hours. Stay tuned for corona-related news

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Explained: How headline number won the debate on inflation targeting

Core inflation refers to inflation with price rise in fuels and food items left out.

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Privatisation push: Centre considers bringing PSBs under Companies Act

Changes are likely to be introduced in the Monsoon Session

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Use current prices to raise gold allocation to 10-15%, say analysts

Rising inflation, low real yield, and equity market volatility are positives for the yellow metal

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Top restaurant associations seek liquidity support amid Covid-19 crisis

Since March of 2020, the Rs 4.25-trillion domestic restaurant industry has had to contend with lockdowns, curbs, and restrictions on business hours

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Recovery dims for film exhibition biz in April amid fresh Covid-19 curbs

Now, many of them are counting on Eid in mid-May for fresh content to return, including the much-anticipated Salman-Khan-starrer Radhe

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Covid-19 vaccination: Too early to say if booster dose needed, say experts

Pfizer CEO has said a 3rd booster shot likely within a year of vaccination

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Behind India's ventilator crisis: Lack of trained staff and idle units

Oxygen makers flag concern over shortage of liquid oxygen

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Winning Air India bidder may need to furnish Rs 15,000-crore guarantee

A former finance head of the airline said some of the lease rentals may not have been paid lately due to the severe cash crunch

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From Sputnik V to Moderna, here's a snapshot of Covid-19 vaccines

Of this list, Sputnik V is already approved in India and Sinovac is unlikely to come in as it does not meet the aforementioned criteria

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Robot dogs: On police forces, defence duty and their potential risks

What are these entities? These are canine-shaped robots with AI and four-legged mobility. Charact­eri­sed as "partly-autonomous" ground vehicles, they can be used to do a variety of tasks

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Setting up a semi-conductor fab plant: Will India be third time lucky?

The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges

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Thursday, 15 April 2021

Global Covid-19 caseload tops 138.8 million: Johns Hopkins University

The overall global Covid-19 caseload has topped 138.8 million, while the deaths have surged to more than 2.98 million, according to the Johns Hopkins University

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Japan's PM Suga arrives in US for talks with Biden, China top agenda

The talks are meant to show the strength of the two nations' security alliance at a time when both are concerned with China's growing economic and military clout

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Here is a Bull Spread Strategy on ICICI Bank by HDFC Securities

The short-term trend of the stock is positive as stock price is trading above its 5 and 10-day EMA

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Stocks picks by Osho Krishan: Buy Adani Enterprises, Godrej Consumer

The mean of the Bollinger band has historically proven strong support for Adani Enterprises, making it a favourable risk-reward ratio for a short-term duration

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China's Q1 GDP grows at record pace as recovery speeds up after pandemic

Economy has recovered steadily from a steep 6.8% slump in the first three months of 2020

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Market Ahead Podcast, April 16: Top factors that could guide markets today

Mindtree, Den Networks, GTPL Hathway, MMTC, and AAR Commercial Company are scheduled to release quarterly numbers today

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MARKET LIVE: Flat-to-positive start on cards for indices; Wipro in focus

LIVE market updates: Mindtree, Den Networks, GTPL Hathway, MMTC, and AAR Commercial Company are scheduled to release quarterly numbers today

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Former VP Pence undergoes surgery to implant pacemaker

Pence, who recently launched a new advocacy group and signed a book deal, had previously been diagnosed with a heart condition.

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HDFC Bank Q4: Analysts see 25% YoY jump in PAT; guidance key monitorable

Q4 earnings: Despite a moderated YoY growth in loan book, HDFC Bank continues to outperform industry, resulting in market share gain

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Top headlines: SoftBank to invest $450 mn in Swiggy; Wipro to retain talent

From Softbank Group set to invest $450 million in Swiggy at $5.5 billion value to Citigroup announcing retail business exit from India, 12 other countries, here are top headlines this morning

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Gold price today at Rs 50,030 per 10 gm, silver trending at Rs 67,800 a kg

In New Delhi, the price of 22-carat gold is at Rs 45,860 per 10 gm, while in Chennai it fell to Rs 43,630

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Sanctuaries in Pakistan helped in Taliban's success, says US Senator

Pakistan has played on both sides of the field in Afghanistan, says Jack Reed.

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Coronavirus LIVE: India sees 216,850 new cases in 24 hrs; 1183 deaths added

Coronavirus live updates: India has added 2,142,934 fresh Covid-19 cases since April 1. Mumbai registered 9,925 new cases, Delhi 17,282 in the last 24 hours. Stay tuned for corona-related news

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Explained: How Amazon future CEO Andy Jassy became Jeff Bezos' shadow

Andy Jassy, AWS CEO and incoming CEO, Amazon, says it is very early days, with respect to what Amazon is hoping to enable for customers in India

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Saving SpiceJet: Promoter Ajay Singh faces his toughest challenge

With a series of default notices and sceptical banks, the promoter has a formidable challenge

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Indian Railways throws weight behind port connectivity projects

India has a coastline spanning 7,516.6 km - forming one of the biggest peninsulas in the world

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The second wave: Covid-19 testing labs look at ways to ramp up capacity

Now demand is growing almost 100 per cent week-on-week, leading to a testing crisis, said an industry insider.

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Opt for fixed maturity plan if you need discipline of a lock-in: Experts

FMPs allow investors to lock into current yields. The scheme information document indicates the fund's allocation to instruments of various credit ratings

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Taxing taskmaster: As CEC, Chandra will oversee toughest Assembly polls

He will retire in May 2022, having overseen the Punjab, Uttar Pradesh, Goa, Uttarakhand and Manipur Assembly elections, leaving it to others to conduct the next general election due 2024

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Air India sale: A previously rejected plan resurfaces as a fall-back option

The fall-back option under discussion is to allow Air India Express to raise money through the market by listing on the bourses

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Intel on Russia putting 'bounties' on US troops shaky, says White House

Assessment revealed as the US announces a host of new sanctions on the Russian government

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Best of BS Opinion: Rise of risk capital, Covid-19 vaccination, and more

Here's a selection of Business Standard opinion pieces for the day

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Wednesday, 14 April 2021

Gold price today at Rs 50,120 per 10 gm, silver trending at Rs 67,600 a kg

In New Delhi, the price of 22-carat gold is at Rs 45,950 per 10 gm, while in Chennai it fell to Rs 43,740

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Coronavirus LIVE: India records nearly 200,000 cases in the last 24 hours

Coronavirus live updates: India has recorded 199,569 fresh Covid cases and 1,037 deaths in the last 24 hrs. Maharashtra registered 58,952 new cases, Delhi 17,282. Stay tuned for corona-related news

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US President Biden announces complete troop withdrawal from Afghanistan

US president says his team is refining national strategy to monitor and disrupt significant anywhere they may arise.

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Brazil Supreme Court allows probe of Bolsonaro's coronavirus response

The court is also weighing the political future of former president Luiz Incio Lula da Silva, a potential rival to Bolsonaro.

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US weighs next steps for J&J virus shot amid clot mystery

U.S. health officials are weighing next steps as they investigate a handful of unusual blood clots in people who received Johnson&Johnson's COVID-19 vaccine a one-dose shot that many countries were eagerly awaiting to help speed virus protection. It's not clear if the exceedingly rare reports so far, six cases out of more than 7 million inoculations in the U.S. really are linked to the J&J vaccine. But the government recommended a pause in J&J vaccinations on Tuesday, just a week after European regulators declared that such clots are a rare but possible risk with the AstraZeneca vaccine, a shot made in a similar way but not yet approved for use in the U.S. The clots occurred in strange places, in veins that drain blood from the brain, and in people with abnormally low levels of clot-forming platelets. The six cases raised an alarm bell because that number is at least three times more than experts would have expected to see even of more typical brain-drainage clots, said

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UN report: Many women in poor nations can''t say, "No sex"

Many women in poor nations can't say, 'no sex': UN study on bodily autonomy

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Best of BS Opinion: Legality versus morality, rising Covid-19 cases & more

Here's a selection of Business Standard opinion pieces for the day

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Mumbai locals back on the lockdown train amid rising Covid-19 cases

As despair grips the city, there is a familiarity with which its citizens are beating the lockdown drum. "We know what to do and also, we had a day to get organised," says a small businessman

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IOC to buy Guyanese crude as India doubles up on cutting Opec dependence

According to oil ministry officials, this deal is at competitive rates and is in line with the strategy to have multiple sources of crude oil for Indian refiners

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Indo-China trade deficit hits 7-year low amid Covid-19 pandemic

This is mainly due to robust double-digit growth in exports, coupled with contraction in imports

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Maharashtra curbs: FMCGs chalk out production, distribution plans

Focus on fewer brands, smaller packs; inventory to be moved closer to target markets

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Second wave of Covid-19 pandemic hits small businesses at the Kumbh

Showing no signs of let-up, the second wave threatens to be fatal, spreading faster than the first, albeit with a lower mortality rate. This leaves smaller businesses gasping for air

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Avail of tax relief on terminal compensation: Here's how to file Form 10E

You must have completed 3 years of continuous service and have another 3 years of employment left

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Clinical trials on India's first mRNA Covid-19 vaccine to begin soon

Gennova's Covid vaccine candidate HGCO19 would remain stable at 2 to 8 degree Celsius temperature

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Coronavirus pandemic has taught counsellors they need therapy too

The pandemic has taken its toll on therapists and most say seeing a therapist themselves has been a big help

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Second Covid-19 wave: Hospitals running out of beds, staff overstretched

A year later, non-Covid treatments fall off priority list again

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Cement firms set for blockbuster quarter; realty to boost top line growth

Demand remained strong in East, North, and Central India, while the West showed signs of revival

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Low base, recovery in demand to drive up auto firms' Q4 earnings

Recovery in the African and Latin American markets should help exporters post better growth than the domestic market

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Q4 earnings: Capital goods industry to benefit from govt's infra push

Exports of short-cycle products are expected to improve, aiding revenue mix

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Q4 results preview: Quick economic recovery to aid banks' profits

On the profitability front, the brokerage pegs operating profit growth at 15 per cent YoY with 12 per cent YoY for private and 19 per cent for PSBs

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Q4 results: Metals & mining firms riding high on the commodity price rally

Exports jumped 126 per cent year-on-year in March to 1.29 MT, compared with a monthly average of 0.65-0.75 MT in recent times

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Great Learning focuses on job readiness of students, looks to raise $60 mn

Great Learning, an online education site, is focused on an optimal combination of process, technology and people

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Decoded: SIR Model to herd immunity, making sense of pandemic jargon

The new mutant variants of Covid-19 are said to be more infectious, with higher R0

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Tuesday, 13 April 2021

AIFs seek co-investment vehicles to allow bespoke deals for key investors

Global market for such deals has been on the rise since at least 2012; one fund exploring opportunities in India.

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Toshiba shares surge on imminent CEO resignation, bidding war expectations

Shares in Japan's Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign

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Maharashtra shuts most manufacturing, restricts e-comm to fight Covid-19

The curbs - which start Wednesday - could hit auto companies like Tata Motors Ltd, Bajaj Auto Ltd, and Mahindra & Mahindra Ltd which operate factories in the state

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India's Covid vaccination drive hangs in balance, and so does the world's

When the pandemic ends, it will be with the tremendous assistance of India's pharmaceutical industry.

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TikTok founder's $60 bn fortune places him among the world's richest people

38-year-old Zhang Yiming, is among the world's richest people -- a distinction that lately has carried increased risks in China

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Canada will change AstraZeneca license terms if issues emerge: Patty Hajdu

Canadian health regulators will not hesitate to change the terms of the AstraZeneca coronavirus vaccine license if additional safety issues emerge, Health Minister Patty Hajdu said

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Delayed by coronavirus, Hong Kong's legislative elections set for Dec 2021

Hong Kong leader Carrie Lam has said that the semi-autonomous Chinese territory's legislative elections will take place in December, more than a year after they were postponed by authorities

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Top headlines: 15-day curfew in Maha from April 14; Monsoon to be normal

From 15-day curfew in Maharashtra starting April 14 to govt clearing FCI's liabilities to National Small Savings Fund, here are top headlines this morning

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No shortage of Remdesivir drug in Jharkhand, says state Health Minister

Jharkhand Health Minister Banna Gupta on Tuesday said that there is no shortage of Remdesivir injection in the state

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Joe Biden to present troop withdrawal plan from Afghanistan on Wednesday

US President Joe Biden plans to present on Wednesday the details of his plans to have all American troops out of war-torn Afghanistan by September 11 this year

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After US, South Africa suspends use of Johnson & Johnson Covid-19 vaccine

South African Health Minister Zweli Mkhize on Tuesday said that the country will be suspending the use of the Johnson & Johnson COVID-19 vaccine after health concerns raised by the US Food and Drug Administration (FDA)."We have determined to voluntarily suspend our rollout until the causal relationship between the development of clots and the Johnson and Johnson vaccine is sufficiently interrogated," Mkhize said in a statement."In the extremely unlikely event that Johnson and Johnson rollout is completely halted, we will not have any impediment to proceed with phase two of the rollout with Pfizer," he added.This comes after the US Centers of Disease Control and Prevention (CDC) and the FDA recommended a "pause" in the use of the Johnson and Johnson COVID-19 vaccine "out of an abundance of caution" over six reported cases in the US of a "rare and severe" type of blood clot.In a joint statement, the CDC and the FDA said they were investigating clots in six women in the days after .

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Gold price today at Rs 49,870 per 10 gm, silver trending at Rs 66,300 a kg

In New Delhi, the price of 22-carat gold is at Rs 45,710 per 10 gm, while in Chennai it fell to Rs 43,750

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Best of BS Opinion: The mis-selling menace, Covid-19 vaccination, and more

Here's a selection of Business Standard opinion pieces for the day

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Coronavirus LIVE: With 185248 cases, India records biggest-ever 24-hr spike

Coronavirus live updates: India has recorded 185,248 fresh Covid cases and 1,025 deaths in the last 24 hrs. Janta curfew will be imposed in Maharashtra from today. Stay tuned for corona-related news

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Bharti Airtel to leverage existing 4G network assets to offer 5G service

Telco to opt for non-standalone 5G network technology; capex requirement to reduce

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Clean slate: Govt clears FCI's liabilities to National Small Savings Fund

The government made the cash infusion before the financial year 2020-21 ended, letting FCI begin FY22 on a clean slate in terms of unsecured loans

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Recovery tracker: Rising Covid-19 cases in India hit power, traffic

Effect on Mumbai's economic activity appears more pronounced than Delhi's

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Explained: What is the 'Milk Tea Alliance' and how did it start?

Apart from being generally pro-democracy and pro-liberty, the Milk Tea Alliance is specifically anti-People's Republic of China (PRC)

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Rising Covid-19 infections may hit RBI's inflation maths, say experts

Consumer price index (CPI)-based inflation rose to 5.52 per cent in March, from 5.03 per cent in February. Core inflation was at 5.7 per cent.

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April likely to be a washout for appliances as fresh Covid-19 curbs hit biz

Durables players admit that restrictions have hit festive sales

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Low sum insured, sub-limits give rise to partial payouts: Experts

Supplement a policy with a substantial emergency corpus

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Financiers buy into India's used car business amid uptick in demand

An expansion of demand driven by economic uncertainty has accelerated the plans of organised players to tie up with banks and NBFCs

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Discovered small fields: Govt may extend bank guarantee relaxation

Officials in the know say this re­laxation was given during the first wave of the Covid-19 pandemic

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Monday, 12 April 2021

No nation is more important than India as US seeks to counter China: Report

As US seeks to counter a rising China, a leading think tank for science and technology policy has said no nation is more important than India with its strong political and cultural ties with the US

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India's Covid crisis stems from arrogance, hyper-nationalism, incompetence

Regulatory uncertainty, bullying, and contempt for legitimate profit-making is familiar to every entrepreneur in India.

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Adani Ports removed from S&P index due to links with Myanmar military

MELBOURNE (Reuters) - S&P Dow Jones Indices said on Tuesday it has removed India's Adani Ports and Special Economic Zone Ltd from its sustainability index due to its relationship with Myanmar's military and their alleged human rights abuses.

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Canada considers China as top concern to its national security: Report

China is one of Canada's chief national security concerns, the country's National Security and Intelligence Committee of Parliamentarians (NSICOP) said on Monday in a report

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Wall Street for all? India's beleaguered cryptocurrency crowd fights back

Mobile banking has indeed emerged as a way to end financial exclusion, a chronic problem in all emerging markets

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Top headlines: TCS Q4 net profit jumps 15%; SEC clears Russia's Sputnik V

From TCS Q4 net profit jumping 15% to Rs 9,246 crore to Flipkart partnering with Adani group to boost supply chain infrastructure, here are top headlines this morning

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Gold price today at Rs 49,860 per 10 gm, silver trending at Rs 67,200 a kg

In New Delhi, the price of 22-carat gold is at Rs 45,700 per 10 gm, while in Chennai it fell to Rs 43,800

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Regeneron antibody cocktail helps prevent symptomatic Covid-19: Drugmaker

New Phase 3 trial data finds a single shot of Regeneron's Covid-19 antibody cocktail was able to prevent symptomatic Covid-19 among people exposed to the virus, the company said on Monday

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UK covered Covid-19 vaccination target of people over 50 ahead of schedule

The United Kingdom has completed the vaccination of people aged over 50 ahead of schedule, administering first shots of coronavirus vaccines to millions of people, Downing Street said on Monday

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Covid-19: Coronavirus pandemic long way from over, warns WHO chief

There have been now seven consecutive weeks of increasing Covid-19 cases and four weeks of increasing deaths globally, said Tedros Adhanom Ghebreyesus, director-general of the WHO

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Microsoft doubles down on cloud healthcare business with $16 bn Nuance buy

The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation

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Intel promises help for automakers as Biden works to fix chips shortage

The global chip shortage stems from a confluence of factors as carmakers, which shut plants during the Covid-19 pandemic last year

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Coronavirus LIVE: India records 160,694 cases in a day; tally at 13,686,073

Coronavirus live updates: Maharashtra, UP, Delhi, Chhattisgarh, Karnataka, Kerala, Tamil Nadu, MP, Gujarat, Rajasthan- have shown steep rise in daily Covid-19 cases. Stay tuned for corona-related news

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Paytm Payments Bank registers over 970 million transactions in March 2021

PPBL is also averaging 1 million savings and current accounts a month, and with over 64 million accounts

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A jab at coronavirus vaccine diplomacy: How Russia won the battle

India's Subject Expert Committee cleared Sputnik V for emergency use against Covid-19, making it the third approved vaccine against Covid-19 in the country

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LIC employees' wage hike proposal yet to get government approval

"It is under process and with the ministry. Whenever it happens, we will share with the employees," said a source in LIC

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Cabinet to take up divestment of 45.5% stake in debt-laden IDBI Bank soon

The government had planned to sell its balance stake in IDBI Bank to private, retail, and institutional investors through the stock exchange in the last financial year

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Darjeeling polls: Parties stir bitter brew of tourism, tea & tap water

Political observers believe that memories of the 2017 statehood agitation by GJM, which was crushed by West Bengal's TMC, will play a part in the upcoming election

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Monetisation drive: Holdco for infra assets divides policymakers

A similar proposal is being considered for other infrastructure assets with other government departments

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Budweiser promises to restore art it plastered with Messi murals

The beer brand had painted over street art in Delhi and Mumbai, inviting social media outrage

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Invest in spouse or child's name to avail of exemption, say analysts

Both Sections 54 and 54F allow taxpayers to claim exemption from tax on long-term capital gains

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On the verge of bankruptcy: How Cafe Coffee Day ground to a halt

After group company Sical Logistics was sent to NCLT, the listed company is next in queue

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Best of BS Opinion: Board rules for fair play, bloodshed in Bengal & more

Here's a selection of Business Standard opinion pieces for the day

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Sunday, 11 April 2021

Easing lockdown could lead to 3rd Covid-19 wave in UK: Scientists warn govt

British scientists have warned that the British government is risking a third wave of Covid-19 by easing the lockdown too soon, local media reported

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Second wave of Covid-19 worrying, people need to be extra cautious: UP CM

The current Covid-19 wave is worrying and people need to take all precautions and follow protocols, Uttar Pradesh Chief Minister Yogi Adityanath said on Sunday at an all-party meeting

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Farmers ready to talk if govt invites, no change in demands: Rakesh Tikait

BKU leader Rakesh Tikait on Sunday said the dialogue would resume where it had ended on January 22 and the demands remain unchanged

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Iran calls Natanz atomic site blackout "nuclear terrorism": Details here

Iran on Sunday described a blackout at its underground Natanz atomic facility an act of nuclear terrorism, raising regional tensions

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Ex-Boston officer stayed on force despite child abuse allegations: Report

A former Boston police officer and union chief, charged with molesting multiple children, first faced child abuse allegations in the mid-1990s, according to a published report

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Best of BS Opinion: Sebi's delay makes RIL order absurd, RBI policy & more

Here's a selection of Business Standard opinion pieces for the day

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Power Ministry proposes reforms for short-term sale purchase of power

In future, the ministry is also looking at merging the DAMs of all power exchanges into one entity, which will oversee the trading of day-ahead bids for both renewable energy and conventional power

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FMCG revenue growth likely to accelerate on low base, healthy demand

Commodity inflation remains area of concern, say firms

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Microblogging platform Koo eyes going global after cracking India market

Firm will co-exist with Twitter rather than be a competitor, says CEO Radhakrishna

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Vedanta Group in talks with govt to set up display fabrication unit

If it succeeds, India will get its first such facility

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Mankind Pharma may partner RDIF for Russian Covid-19 vaccine Sputnik V

According to sources close to the development, talks are in advanced stages between Mankind Pharma and RDIF

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Apply strict safety norms, not lockdown as Covid-19 cases rise: CEOs' poll

Partial lockdown measures may impact movement of labour & goods, they say

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Bengaluru lone bright spot in direct tax mop-up with 7.3% growth

Hyderabad reported a 4 per cent decline with a collection of Rs 55,000 crore in FY21 against Rs 57,000 crore a year earlier.

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Axis Bank JV to drive volumes: Max Life Insurance MD & CEO Tripathy

In an interview with Hamsini Karthik, Tripathy explains why savings products would continue to propel growth in the near term

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The second wave: Insurers brace for rise in Covid-19 policy claims

The insurers have received more than a million Covid-related claims as of April, 2021

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Covid-19 vaccine: Real-world data to decide commercial marketing approval

Two such vaccines are Covishield, made by the Serum Institute of India (SII), and Covaxin by Bharat Biotech

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Statsguru: 6 charts explain how corporate taxes help govts globally

A look at select countries - four advanced economies, three emerging markets and India - shows the extent to which corporate taxes help governments

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State Bank of India's latest target: Rs 4-trn SME loan book by March 2024

It has become easier to do business, especially in the SME banking space, with rising pace of formalisation

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Can EV manufacturer Tesla win India? Most US carmakers have failed

Most American car-makers have failed in making their gambit one to watch

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Can Japan's Hideki Matsuyama sustain his lead to win the Master 2021?

Matsuyama is terrified of the media, particularly the Japanese media, because he will now be hounded for the rest of his life

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Second Covid wave: No panic exodus but migrants cautious amid fresh curbs

The number of travellers at New Delhi Railway Station has gone up since the lull seen in November-December but it is still far less

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Longer forbearance will help in conversion to a bank, says Y S Chakravarti

We are not going in for external funding. We have decided that SCUF will fund them, says Shriram Group MD

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End of the plastic smile: Tectonic change is roiling credit card industry

Tectonic change is roiling the credit card industry, and the rules of the game are being reset

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Saturday, 10 April 2021

IPL: He kept his calm and motivated boys, says Dhawan on Pant's captaincy

Delhi Capitals batsman Shikhar Dhawan said that skipper Rishabh Pant "did quite well" in his first game as team's leader as he kept his calm and motivated the boys in the middle

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West Bengal elections: Clash breaks out between TMC, BJP workers in Damjur

A clash broke out allegedly between TMC and BJP workers in Damjur when the EVMs were being sealed after the phase IV polling in West Bengal assembly elections concluded on Saturday

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5,754 new coronavirus cases in Maharashtra's Thane, 24 more deaths

With the addition of5,754 new cases of coronavirus, the infection count in Thane district of Maharashtra has reached 373,364

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Global coronavirus update: Caseload tops 135 million, says Johns Hopkins

The overall global Covid-19 caseload has topped 135 million, while the deaths have surged to more than 2.92 million

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No more than 5 people allowed at a time to enter religious places in UP

In view of the surge in Covid cases, Uttar Pradesh Chief Minister Yogi Adityanath directed officers to ensure that no more than 5 people are allowed to enter a religious place at a time

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Online Dispute Resolution's role critical during Covid: Justice Chandrachud

The strength of ODR is founded in the concepts of decentralization, diversification, democratization and disentanglement of the entire justice delivery mechanism, SC Justice DY Chandrachud said

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IPL 2021: Dhoni fined for maintaining slow over-rate against Delhi Capitals

CSK skipper MS Dhoni has been fined Rs 12 lakh for maintaining a slow over-rate against Delhi Capitals in the Indian Premier League clash

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Frames per Second: Waiting for the Barbarians

Re-watching Newton is a must during the election season to remind ourselves of the essentially performative nature of Indian democracy

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Chile coronavirus update: 8,124 fresh cases of Covid-19 registered

Chile reported 8,124 new cases of COVID-19 and 105 more deaths on Saturday

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Brazil coronavirus update: Covid-19 death toll goes past 350,000-mark

Brazil's Covid-19 death toll has risen to 351,334 after 2,616 new deaths were reported in the last 24 hours, the Ministry of Health reported on Saturday

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Amit Shah to address 6 public programs in poll-bound West Bengal on Sunday

Union Minister of Home Affairs, Amit Shah will address six public programs in poll-bound West Bengal on Sunday

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Bitcoin goes past $60,000-mark again, rises 1.32% to record $60,555.97

Bitcoin rose 1.32% to a record $60,555.97 on Saturday, breaking above $60,000 for a second time in 10 days

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Another Day in Paradise: Govt plans mega tourism event in J&K from April 11

Jammu and Kashmir Lt Governor Manoj Sinha and Union Minister of State for Tourism and Culture Prahlad Singh Patel will address the delegates at the event

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2 militants killed in overnight encounter with security forces in Shopian

Two militants have been killed in an overnight encounter with security forces in Jammu and Kashmir's Shopian district, police said on Sunday

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University exams will be conducted as scheduled: Karnataka Deputy CM

Karnataka Deputy Chief Minister, CN Ashwath Narayan on Saturday assured that the state's University exams will be conducted as per schedule, despite witnessing a surge in COVID cases.Karnataka Deputy Chief Minister told ANI, "University exams will be conducted as per schedule. Classes will start as soon as exams are over. There will be no vacation. Initially, online classes will be held and then an option will be given to students to attend offline classes."The 11-day 'corona curfew' will come into effect in some districts of Karnataka, including the state capital, from Saturday night to contain the spread of coronavirus.The state government had announced a night curfew between 10 pm and 5 am every day from April 10 to 20 in Bengaluru, Mysuru, Mangaluru, Kalaburagi, Bidar, Tumakuru, Udupi-Manipal cities.Police baton charge people found wandering at public places during night curfew in Kalaburagi."Kalaburagi City Police are enforcing the night curfew (between 10 pm & 5 am) very ..

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Coronavirus variants spread leads to surge of new cases in Canada

The rapid spread of more contagious Covid-19 variants is believed to have driven a devastating third wave in Canada

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Latest news Live updates: Tomar asks farmers to end protest as cases rise

Catch all the live updates on the latest news developments from across the globe

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University exams will be conducted as scheduled: Karnataka Dy CM

Karnataka Deputy Chief Minister, CN Ashwath Narayan on Saturday assured that the state's University exams will be conducted as per schedule, despite witnessing a surge in COVID cases.Karnataka Deputy Chief Minister told ANI, "University exams will be conducted as per schedule. Classes will start as soon as exams are over. There will be no vacation. Initially, online classes will be held and then an option will be given to students to attend offline classes."The 11-day 'corona curfew' will come into effect in some districts of Karnataka, including the state capital, from Saturday night to contain the spread of coronavirus.The state government had announced a night curfew between 10 pm and 5 am every day from April 10 to 20 in Bengaluru, Mysuru, Mangaluru, Kalaburagi, Bidar, Tumakuru, Udupi-Manipal cities.Police baton charge people found wandering at public places during night curfew in Kalaburagi."Kalaburagi City Police are enforcing the night curfew (between 10 pm & 5 am) very ..

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In UP, no more than 5 people allowed to enter religious places at a time

Uttar Pradesh chief minister Yogi Adityanath has given directions to ensure that no more than 5 people can enter a religious place at a time

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Delhi: MBBS students, interns to be roped in for Covid-19 hospitals

India on Saturday reported 1,45,384 new COVID-19 cases which is the highest daily spike in cases since the outbreak of the pandemic.

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Covid-19 vaccine shortages hit 60 poor countries in 'shocking imbalance'

Shortage stems mostly from India's decision to stop exporting vaccines from its Serum Institute factory, which produces the overwhelming majority of the AstraZeneca doses.

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Trump in 2024? He says only Republican will win 2024 US election

'Key to triumphant future will be to build on the gains our amazing movement has made over the past four years,' he says about GOP.

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Odisha seals border with Chhattisgarh amid surge in COVID-19 cases

Amid the surge in Covid-19 cases, the Odisha government hast intensified patrolling along the interstate boundary.

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Friday, 9 April 2021

Africa administers less than 2% of global Covid-19 vaccines, says WHO

Africa accounts for less than two per cent of the 690 million Covid-19 vaccines administered globally so far

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Biden committed to bringing responsible end to Afghan conflict: White House

Biden is committed is to bringing a responsible end to the conflict in Afghanistan and ensuring that the country can never again become a haven for terrorists, the White House has said

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US mourns death of Prince Philip, Prez Biden, VP Harris express condolences

Led by President Joe Biden and Vice President Kamala Harris, the US mourned the death of Britain's Prince Philip, the Duke of Edinburgh and the husband of Queen Elizabeth II

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Argentina registers highest single day spike with 24,130 new Covid-19 cases

Argentina has registered 24,130 new COVID-19 cases within the past 24 hours, marking the largest daily increase since the start of the outbreak for the fourth day in a row

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Pfizer asks US government to allow more kids to get Covid-19 vaccine

Drug giant Pfizer and its partner in developing the first COVID-19 vaccine that received emergency authorisation in the US want to allow more adolescents to receive the vaccine

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Iran nuclear deal talks resume in Vienna, lifting sanctions on agenda

The Joint Commission of the Joint Comprehensive Plan of Action, known as the Iran nuclear deal, resumed talks with the lifting of sanctions on Iran and nuclear implementation measures on top

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Pentagon defends Navy ship asserting navigational rights inside India's EEZ

The Pentagon has said that its Navy ship conducting navigational rights within India's exclusive economic zone (EEZ) without the permission of New Delhi was consistent with international law

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Prince Philip dead: Harry, Meghan say Duke of Edinburg 'will be missed'

Prince Harry and Meghan, the Duchess of Sussex, shared a message in the wake of Prince Philip's death, saying the Duke of Edinburgh "will be greatly missed."

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Top headlines: Vax sites drop to half in India; crackdown on tax evaders

From Covid-19 vaccination sites dropping to half in India to PE-VC exits from Indian companies, here are top headlines this morning

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6 start-ups join unicorn club this week; 150 likely by 2025, say experts

The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the country

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Crackdown on tax evaders: I-T notices to holders of foreign assets

Seek action under black money and benami laws for non-disclosure

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Reasonable valuation makes unlisted stocks attractive, say experts

However, investors have to deal with counterparty risk

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India likely to hold bilateral talks with US over retaliatory tariffs

Govt assessing potential impact of US decision to raise levies on 40 items

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West Bengal Assembly elections: In Singur, it's welfare schemes vs industry

In Singur, everyone is riding the industry plank in varying degrees. Banerjee, however, has her welfare schemes to rely on, and there are beneficiaries galore

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IPL 2021: Broadcaster Star may earn Rs 3,500 cr in advertising revenue

Here is a breakdown of what else is in store

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Masters Tournament 2021: Gruelling conditions and a survival test

Only 12 out of the entire field were under par which really is the toll the greens, and a little bit of wind, extracted on this testing day. Friday will be worse

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