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Thursday, April 30, 2020

India business most affected due to coronavirus lockdown: Amazon CFO

Last month, the government said e-commerce platforms would be allowed to sell only essential items during the lockdown

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Covid-19: First special train for migrants runs from Telangana to Jharkhand

Many states have urged the Union govt to run special trains to bring bag millions of stranded migrants back to their home states

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Coronavirus LIVE: First train carrying 1,200 migrants leaves from Telangana

Coronavirus India: Covid-19 India cases have risen to 35,043. Stay tuned with Business Standard for LIVE updates on coronavirus, lockdown guidelines, death toll, and cases across the world

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To bring back millions stranded, states urge centre to run special trains

According to Punjab officials, there are nearly 1 million migrant labourers in the state, approximately 70 per cent of whom are from Bihar

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PM Modi holds series of meetings to boost economy amid coronavirus crisis

He reviewed the state of investments, the defence and aerospace sector and the mine and mineral sector

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Covid-19 impact: Companies facing cash crunch can delay EPF contribution

The EPFO said that companies are facing liquidity or cash crunch in paying their mandatory provident fund dues "even though they are retaining the employees on their rolls"

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Covid-19 impact: Zero sales for Maruti Suzuki in April as lockdown bites

The carmaker suspended operations from March 22, in line with orders from the government as India rushed to curb the spread of the virus

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Covid-19 impact: Zero sales for Maruti Suzuki in April as lockdown bites

The carmaker suspended operations from March 22, in line with orders from the government as India rushed to curb the spread of the virus

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FinMin modifies circular on one-day's salary contribution to PM-CARES Fund

A circular issued on April 17 had urged all the officers and staff of the finance ministry to contribute one-day's salary every month to the fund till March 2021, beginning from May 2020

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Cash-strapped Blue Star to raise Rs 300 crore via NCDs to meet expenses

The nationwide lockdown has impacted the company's cash flow and the firm needs funds for its business continuity and growth over the next 12-18 months, Blue Star said in a regulatory filing

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Stock market eyeing economy reopening, not virus-related data: Chris Wood

As regards the United States (US), Wood expects a gradual opening up in May

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Scientists regenerate neurons in mice with spinal cord injury and optic nerve damage

Each year thousands of patients face life-long losses in sensation and motor function from spinal cord injury and related conditions in which axons are badly damaged or severed. New research in mice shows, however, that gains in functional recovery from these injuries may be possible, thanks to a molecule known as Lin28, which regulates cell growth.

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Top 10 biz headlines: RIL results, FMCG mkt to see 'slowest' growth & more

Here are the top 10 business headlines this morning

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'WHO is China's PR agency': Trump says evidence ties Covid-19 to Wuhan lab

Trump also said that China does not want to see him elected in polls due later this year, mainly because of the billions of dollars he has been taking from them as import tariffs

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Possibly active tectonic system on the Moon

Strange spots scattered across the Moon's nearside where bedrock is conspicuously exposed are evidence of seismic activity set in motion 4.3 billion years ago that could be ongoing today, the researchers say.

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Better understanding of nature's nanomachines may help in design of future drugs

Many of the drugs and medicines that we rely on today are natural products taken from microbes like bacteria and fungi. Within these microbes, the drugs are made by tiny natural machines known as nonribosomal peptide synthetases (NRPSs). A research team has gained a better understanding of the structures of NRPSs and the processes by which they work. This improved understanding of NRPSs could potentially lead to the creation of new potent antibiotics, immunosuppressants and other modern drugs.

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Children who have difficult relationships with their moms are clingy towards teachers

Children who experience 'dependent' or clingy relationships with their preschool teachers tend to also have difficulties in their relationships with their mothers finds researchers. They went even further to find that later in elementary school, these children were prone to being anxious, withdrawn, and overly shy.

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Better understanding of nature's nanomachines may help in design of future drugs

Many of the drugs and medicines that we rely on today are natural products taken from microbes like bacteria and fungi. Within these microbes, the drugs are made by tiny natural machines known as nonribosomal peptide synthetases (NRPSs). A research team has gained a better understanding of the structures of NRPSs and the processes by which they work. This improved understanding of NRPSs could potentially lead to the creation of new potent antibiotics, immunosuppressants and other modern drugs.

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Best of BS Opinion: The economic fallout, coronavirus outbreak, and more

Here is a summary of Business Standard opinion pieces for the day

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Home ministry to take call on passenger trains to transport migrants soon

According to media reports, Indian Railways has lined up a plan to run at least 400 trains for the movement of stranded labourers across the country

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Mind-controlled arm prostheses that 'feel' are now a part of everyday life

For the first time, people with arm amputations can experience sensations of touch in a mind-controlled arm prosthesis that they use in everyday life. A study reports on three Swedish patients who have lived, for several years, with this new technology -- one of the world's most integrated interfaces between human and machine.

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High cost of cancer drugs not always justified

Do high prices of some cancer medicines have a higher benefit than those drugs with lower prices? An international study has concluded that, in general, there is no correlation between costs of a cancer drugs and their clinical benefit. The researchers are therefore calling for the clinical benefit of drugs to be better reflected in pricing.

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Mind-controlled arm prostheses that 'feel' are now a part of everyday life

For the first time, people with arm amputations can experience sensations of touch in a mind-controlled arm prosthesis that they use in everyday life. A study reports on three Swedish patients who have lived, for several years, with this new technology -- one of the world's most integrated interfaces between human and machine.

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Wednesday, April 29, 2020

Crude oil up on demand prospects: steep rise in margins on MCX

Margin now fixed at 100%, with Rs 95,000 per lot as absolute minimum. So if crude falls below Rs 950, the margin will continue to be based on the price of Rs 950

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MSCI India rebalancing to stoke FPI inflows to the tune of Rs 1,900 cr

The rebalancing is scheduled to take place on May 12 and the changes will become effective from June 1

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Best of BS Opinion: Monetary policy framework, Covid-19 outbreak, and more

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

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Novel imaging application illuminates processes in cancer, COVID-19

Medical images for a wide range of diseases can be more easily viewed, compared, and analyzed using a breakthrough open source web-based imaging platform developed by Massachusetts General Hospital (MGH) and collaborating researchers.

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Navigating the clean energy transition during the COVID-19 crisis

In a Commentary published April 29 in the journal Joule, energy and climate policy researchers in Switzerland and Germany provide a framework for responsibly and meaningfully integrating policies supporting the clean energy transition into the COVID-19 response in the weeks, months, and years to come.

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Ultra-precision nano-sensor could detect iron disorders

Scientists have developed a hypersensitive nano-sensor to detect harmful 'free' iron disorders. The test could lead to earlier, more accurate disease diagnosis.

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Computational techniques explore 'the dark side of amyloid aggregation in the brain'

As physicians and families know too well, though Alzheimer's disease has been intensely studied for decades, too much is still not known about molecular processes in the brain that cause it. Now researchers say new insights from analytic theory and molecular simulation techniques offer a better understanding of amyloid fibril growth and brain pathology.

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Ultra-precision nano-sensor could detect iron disorders

Scientists have developed a hypersensitive nano-sensor to detect harmful 'free' iron disorders. The test could lead to earlier, more accurate disease diagnosis.

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COVID-19 crisis: Millions of US workers at risk of infections on the job

New research shows that 14.4 million workers face exposure to infection once a week and 26.7 million at least once a month in the workplace, pointing to an important population needing protection as the novel coronavirus disease, COVID-19, continues to break out across the US.

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Learning from fish and flags to inform new propulsion strategies

Recent research has found relationships between frequencies and the passive dynamics at play when vehicles move in air or water toward a better understanding of how to use these forces to enhance performance. Understanding this fluid-structure interaction at a very basic level, could help inform new aircraft and submarine designs with a very different kind of locomotion.

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Engineers make a promising material stable enough for use in solar cells

A research team has found a way to make halide perovskites stable enough by inhibiting the ion movement that makes them rapidly degrade, unlocking their use for solar panels as well as electronic devices.

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Bone proteomics could reveal how long a corpse has been underwater

When a dead body is found, one of the first things a forensic pathologist tries to do is estimate the time of death. There are several ways to do this, including measuring body temperature or observing insect activity, but these methods don't always work for corpses found in water. Now, researchers are reporting a mouse study showing that certain proteins in bones could be used for this determination.

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Simulating borehole ballooning helps ensure safe drilling of deep-water oil, gas

A device which simulates borehole ballooning, a detrimental side effect of deep-water drilling operations, is expected to ensure safe and efficient operations. If not prevented, borehole ballooning can lead to irreversible damage and serious drilling accidents, which can result in reservoir pollution and huge economic loss. In Review of Scientific Instruments, researchers present a device that can simulate this dangerous phenomenon in the hopes of preventing it.

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Novel imaging application illuminates processes in cancer, COVID-19

Medical images for a wide range of diseases can be more easily viewed, compared, and analyzed using a breakthrough open source web-based imaging platform developed by Massachusetts General Hospital (MGH) and collaborating researchers.

from Top Health News -- ScienceDaily https://ift.tt/2VNnrk6

Navigating the clean energy transition during the COVID-19 crisis

In a Commentary published April 29 in the journal Joule, energy and climate policy researchers in Switzerland and Germany provide a framework for responsibly and meaningfully integrating policies supporting the clean energy transition into the COVID-19 response in the weeks, months, and years to come.

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Implant-free optogenetics minimizes brain damage during neuronal stimulation

A minimally invasive optogenetic technique that does not require brain implants successfully manipulated the activity of neurons in mice and monkeys, researchers report. The researchers first genetically engineered neurons to produce a newly developed, extremely light-sensitive protein called SOUL. They then demonstrated that it is possible to shine light through the skull to alter neuronal responses throughout the entire mouse brain, and to reach superficial regions of the macaque brain.

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Bone proteomics could reveal how long a corpse has been underwater

When a dead body is found, one of the first things a forensic pathologist tries to do is estimate the time of death. There are several ways to do this, including measuring body temperature or observing insect activity, but these methods don't always work for corpses found in water. Now, researchers are reporting a mouse study showing that certain proteins in bones could be used for this determination.

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Feeling burned out? The contributors could be more related to depression than you think

Researchers found that similar factors cause both medical intern burnout and depression. These findings can be used to identify and treat burnout as well as mitigate the risk of burnout by modifying workplace factors.

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Model can predict hospital resilience for natural disasters, pandemics

Researchers have created a modeling tool that could help cities understand the full functionality and recovery of a healthcare system in the wake of a natural disaster. The model has wider implications for use in pandemics.

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Molecular switch plays crucial role in learning from negative experiences

Neurobiologists have discovered how the signalling molecule Neuromedin U plays a crucial role in our learning process. The protein allows the brain to recall negative memories and, as such, learn from the past.

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Arteries respond in opposite ways for males and females

A protein known to expand blood vessels -- key to controlling conditions like high blood pressure -- actually has different functions in males and females, new UC Davis Health research shows. Conducted using arterial cells from mice, the study is the first to identify sex-based distinctions in how the protein -- Kv2.1 -- works.

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Schizophrenia related to abnormal fatty metabolism in the brain

Researchers have discovered a deficiency in the brains of people with schizophrenia that could lead to the development of new drug therapies. A postmortem comparison revealed that schizophrenia was associated with lower than normal levels of S1P, a type of fatty molecule found in the white matter of the brain.

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Major trial shows breast cancer drug can hit prostate cancer Achilles heel

A drug already licensed for the treatment of breast and ovarian cancers is more effective than targeted hormone therapy at keeping cancer in check in some men with advanced prostate cancer, a major clinical trial reports. Olaparib, a pill lacking the side effects of chemotherapy, can target an Achilles heel in prostate cancers with a weakness in their ability to repair damaged DNA.

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Tuesday, April 28, 2020

WhatsApp now allows up to 8 people to join a group video call: Details here

WhatsApp emphasised that like written messages, all calls on its platform are protected with end-to-end encryption

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Rating downgrade by Moody's, negative outlook by Fitch likely, warns Nomura

India's Achilles heel on ratings, according to Nomura, is its parlous state of fiscal affairs

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Rating downgrade by Moody's, negative outlook by Fitch likely, warns Nomura

India's Achilles heel on ratings, according to Nomura, is its parlous state of fiscal affairs

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Scientists recreate DNA damage caused by toxins from smoking

Researchers have recreated how toxins from smoking cause unique patterns of DNA damage. The discovery could help scientists better understand the cause of bladder cancer and the link to smoking. The causes of bladder cancer remain largely unknown, however smoking is seen as the main risk factor for the disease.

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Stocks to watch: Axis Bank, L&T, IDFC First Bk, Biocon, NLC India, Hexaware

Here's a look at the top stocks that may remain in focus today

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Spitzer telescope reveals the precise timing of a black hole dance

Scientists have finally figured out the precise timing of a complicated dance between two enormous black holes, revealing hidden details about the physical characteristics of these mysterious cosmic objects.

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Asteroid 1998 OR2 to safely fly past Earth this week

The large near-Earth object is well known to astronomers and will get no closer than 3.9 million miles to our planet.

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Spitzer telescope reveals the precise timing of a black hole dance

Scientists have finally figured out the precise timing of a complicated dance between two enormous black holes, revealing hidden details about the physical characteristics of these mysterious cosmic objects.

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Open access hardware and 3D printing can help tackle demand for health supplies

Free open source hardware and 3D printing could help to alleviate the burden of Covid-19 on global health systems, according to scientists.

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Engineers open door to big new library of tiny nanoparticles

A research team has developed a new method for mixing metals generally known to be immiscible, or unmixable, at the nanoscale to create a new range of bimetallic materials. Such a library will be useful for studying the role of these bimetallic particles in various reaction scenarios such as the transformation of carbon dioxide to fuel and chemicals.

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Open access hardware and 3D printing can help tackle demand for health supplies

Free open source hardware and 3D printing could help to alleviate the burden of Covid-19 on global health systems, according to scientists.

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Nifty support shifts higher, next target at 9,650: Vinay Rajani of HDFC Sec

IGL is in an overall up trend on the daily and weekly charts

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VIP, Safari Industries: Luggage stocks will take a long time to get going

Market analysts hope the industry would recoup from the Covid-19 slump by FY22. Historical trends, they say, suggest that luggage industry sales witness strong rebound after two consecutive weak years

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VIP, Safari Industries: Luggage stocks will take a long time to get going

Market analysts hope the industry would recoup from the Covid-19 slump by FY22. Historical trends, they say, suggest that luggage industry sales witness strong rebound after two consecutive weak years

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MARKET LIVE: SGX Nifty indicates a green start for Indian indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty indicates a green start for Indian indices

Catch all the live market updates here

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Top 10 biz headlines: Govt's 2nd stimulus, Moody's growth estimate and more

Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society

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First-ever comprehensive geologic map of the moon

For the first time, the entire lunar surface has been completely mapped and uniformly classified. The lunar map, called the 'Unified Geologic Map of the Moon,' will serve as the definitive blueprint of the moon's surface geology for future human missions and will be invaluable for the international scientific community, educators and the public-at-large.

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Coronavirus LIVE updates: India cases rise to 31,324; death toll at 1,008

Coronavirus LIVE updates: The tally of corona cases in India has risen to 31,324, and the number of deaths has gone past the 1,000 mark . Stay with Business Standard for Covid 19 LIVE updates

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World coronavirus dispatch: Will Covid-19 end up becoming a seasonal flu?

From more and more companies scrapping their financial outlooks, to the success of Australia, New Zealand and Germany in stopping the spread of the virus - read these and more in today's digest

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Best of BS Opinion: Fiscal outlook under pressure, Covid-19 crisis and more

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

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Covid rapid antibody test kits row: China hits out at 'individuals' in ICMR

Explaining why it was defending two private companies, the Chinese government said many countries had been buying medical equipment from the Chinese markets via commercial channels

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Covid-19: A curious case of many positives and a speedy recovery

According to tweets put out by the Press Information Bureau in Maharashtra, of the 171 tested on April 15, 53 tested positive on April 20, 31 have been treated and discharged on April 26

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RIL to consider rights issue, announce Q4 nos on April 30. What to expect?

In August 2019, Group Chairman and Managing Director Mukesh Ambani told shareholders that RIL would be a zero-net debt company before March 2021

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Chemical shares in focus; Aarti Industries, Vinati Organics surge over 9%

Analysts at Dolat Capital have kept their FY20E estimates for the sector largely unchanged as they estimate limited impact of Covid-19 on the sector

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Oil prices fall as world's limited storage tanks fill up amid demand shock

Brent crude futures fell to a low of $18.97 and were last down 4.1 per cent , or 82 cents, at $19.17 a barrel

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Axis Bank to acquire 29% in Max Life Insurance, taking total stake to 30%

Post the completion of the series of transaction, Max Life will become a 70:30 joint venture between MFS and Axis Bank

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Monday, April 27, 2020

Panacea Biotec hits 52-week high; stock rallies 64% in 4 days

The stock has more-than-doubled in the past one month from the level of Rs 101, as compared to 6.6 per cent gain in Sensex in the same period

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GM, Ford, Fiat Chrysler target to reopen factories from May 18: Report

Ford said in a statement it is yet to determine when it will resume production at its North American plants, while Fiat Chrysler said it will communicate new restart dates in due course

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Latest Tesla update will make cars stop automatically at traffic lights

Drivers using Autopilot had one crash for every 3.07 million miles driven, the company says

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Samsung brings Galaxy Buds+ features to Galaxy Buds through software update

The update has a size of around 1.39MB and it is available for download though Samsung Wearable app. Here are the new features that the update brings

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Oxford University hoping to get the Covid-19 vaccine ready by September

Last month, researchers at Montana's National Institutes of Health inoculated several rhesus macaque monkeys with small doses of the Oxford vaccine

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Yes, we may not be alone: The Pentagon releases video footage of UFOs

On Monday, the Pentagon released three declassified videos of naval pilots encountering unidentified flying objects

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Just Dial zooms 10% as board to consider share buyback proposal

The board of directors of the company will meet on Thursday, April 30, 2020 to consider and approve the proposal for buy-back of fully paid up equity shares of the Company.

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IndusInd Bank hits 10% upper circuit on operationally strong Q4 earnings

While the asset quality has weakened, its coverage has improved. The profit was above analysts' expectations and was driven by better operational performance.

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OMCs gain as crude oil prices extend fall; HPCL, BPCL advance 1%

Upstream companies like ONGC and Oil India slipped up to 2 per cent on the BSE

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Stocks to watch: RIL, IndusInd Bk, Axis Bank, HDFC Life, oil-linked stocks

Here's a look at the top stocks that may remain in focus today

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Covid-19 patients can now opt for home isolation: Here're govt guidelines

"Very mild/ presymptomatic patients having the requisite facility at his/her residence for self-isolation will have the option for home isolation," it said

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We have not had any panic redemption in recent weeks: Mirae Asset

In the recent past, we have used the market volatility to add some quality franchises and replaced our weakest holdings. Overweight healthcare, insurance, automobiles/consumer discretionary.

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Stock ideas from Anand Rathi's Nilesh Jain: Buy Titan, LIC Housing Finance

Titan's stock has formed a short-term base and also given a breakout from a falling wedge pattern on the hourly chart

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MARKET LIVE: SGX Nifty trends suggest a higher opening for Indian indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty trends suggest a higher opening for Indian indices

Catch all the live market updates here

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Top biz headlines: RBI's relief for MFs, Axis Bank results and more

Here are the top 10 headlines on Tuesday

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Best of BS Opinion: Unemployment rate, Covid-19 lockdown, and more

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

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World coronavirus dispatch: How most affected nations plan to end lockdowns

From Italy to Spain, Germany, the US, China, New Zealand, Norway and Germany have all either ended or will soon end their stringent lockdowns. Read how they plan to do it in today's world digest

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Five ex-staff file class action suit against Wipro alleging discrimination

Demanding a "trial by jury", the class action lawsuit seeks Wipro to adopt a valid, non-discriminatory method for hiring, promotion, termination, and other employment decisions.

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Sunday, April 26, 2020

RBI rolls out Rs 50k crore liquidity window for MFs; bank stocks gain

Under the SLF-MF, the RBI shall conduct repo operations of 90 days tenor at the fixed repo rate.

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Bitcoin is like a poetry, can bring a sea change in the world: Jack Dorsey

Dorsey has also hired Bitcoin developers for his payments company, Square

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Bitcoin is like a poetry, can bring a sea change in the world: Jack Dorsey

Dorsey has also hired Bitcoin developers for his payments company, Square

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ICICI Prudential gains 10% even as Q4 net profit declines 31%

The company's pre-tax profit for the quarter declined 38 per cent year-on-year (YoY) to Rs 172 crore due to losses in investment

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70% plunge in viral forwarded messages globally: WhatsApp to govt

Earlier this month, WhatsApp limited the number of times a frequently forwarded message can be sent further to only one chat at a time

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Mindtree leaps 9% on better-than-expected Q4 earnings amid Covid-19 woes

The company reported Ebitda margin expansion of 250 basis points QoQ, and record deal wins of $393 million during the quarter despite the Covid-19 disruption

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Stocks to watch: IndusInd Bank, HDFC Life, Mindtree, Tata Steel, ICICI Pru

Here's a look at the top stocks that may remain in focus today

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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI also has shown a trend reversal to signal a 'buy' in Shriram Transport

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Nifty to face stiff resistance at 9,500 levels: Gaurav Garg of CapitalVia

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

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IndusInd Bank Q4 preview: Profit may dip 95% QoQ on exposure to telecom cos

According to analysts at ICICI Securities, the Rs 8,800 crore-exposure to the telecom sector may cast shadow over the bank's asset quality.

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It's time to convert 'hatred' for China into economic opportunity: Gadkari

Interacting with overseas Indian students via video conferencing, Gadkari said, "All the world now, they have hatred for China. Is it possible for us to convert it into an opportunity for India."

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IndusInd Bank Q4 preview: Profit may dip 95% QoQ on exposure to telecom cos

According to analysts at ICICI Securities, the Rs 8,800 crore-exposure to the telecom sector may cast shadow over the bank's asset quality.

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MARKET LIVE: SGX Nifty trends suggest a higher opening for Indian indices

Catch all the live market updates here

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Coronavirus LIVE: India cases rise to 27,890; global tally at 2,994,436

Coronavirus LIVE updates: The tally of corona in India has risen to 27,890, and the number of global cases now stands at 2,994,436. Stay with Business Standard for Covid 19 LIVE updates

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Top biz headlines: Franklin Templeton fiasco, lockdown impact and more

Here are the top 10 headlines on Monday

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Best of BS Opinion: Franklin Templeton fiasco, Covid-19 outbreak, and more

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

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Coronavirus impact: 60% firms run at less than 25% capacity, says CII

The movement of workers and raw materials remain key hurdles to resuming businesses despite the government allowing major chunks of the industry to operate

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India coronavirus dispatch: The reinvention of the Indian Railways

From the aviation sector workers resting stranded Indians, to on-and-off lockdowns till we discover a vaccine, and how coronavirus affects our kidneys - read these and more in today's India dispatch

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Covid-19 impact: Gurugram MNCs may have to work from home till July-end

The Gurgaon district administration had issued an advisory in mid March asking MNCs, BPOs, IT companies, corporates and industries to allow work from home

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World coronavirus dispatch: No lockdown exit strategy in sight in the UK

From governors in the US weighing reopening of states, to Asia struggles with its lockdowns, and the challenges of post-Covid-19 care - read these and more in today's world dispatch

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Covid-19 Factoid: Some worrying signs from India, Qatar and elsewhere

While India has seen its biggest single-day jump in cases, cases being added daily in Qatar has nearly doubled; the global death toll has taken just 15 days to rise from 100,000 to 200,000

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5 reasons why Sunday's reshuffle was a show stopper before Modi meets CMs

Shifting out two secretaries related to food is significant at a time when availability of food products is a raging issue during the lockdown

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Coronavirus impact: 60% firms run at less than 25% capacity, says CII

The movement of workers and raw materials remain key hurdles to resuming businesses despite the government allowing major chunks of the industry to operate

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Battling Covid-19: Start-ups chip in to resolve India's ventilator crisis

Domestic firms are also sourcing ventilator parts from within the country to manufacture ventilators at a much lower cost

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Government to launch online portal for stranded migrant workers

The move will help government to pass on relief benefits to migrant workers and do skill mapping

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It will be survival of the fittest in the long run: Oberoi Realty CMD

There will be a huge supply constraint and this in turn will continue to maintain the prices, or may even push the price of ready flats up, Vikas Oberoi says

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It will be survival of the fittest in the long run: Oberoi Realty CMD

There will be a huge supply constraint and this in turn will continue to maintain the prices, or may even push the price of ready flats up, Vikas Oberoi says

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Coronavirus lockdown a blessing in disguise for IT sector, say executives

Companies across the services sectors, including banks, are set to have fewer people work from the offices in the future

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Covid-19 impact: Tata Steel in discussions for government support in UK

UK media reports pegged the support at 500 million pounds

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Covid-19: Taxmen suggest 40% tax on super-rich, higher levy on foreign cos

The suggestions are part of a paper titled 'Force', which stands for 'Fiscal Options & Response to the COVID-19 Epidemic'

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Covid-19: Taxmen suggest 40% tax on super-rich, higher levy on foreign cos

The suggestions are part of a paper titled 'Force', which stands for 'Fiscal Options & Response to the COVID-19 Epidemic'

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Covid-19 impact: Cigarette sales may see steepest decline in 20 years

The sector witnessed the last steepest decline in 2015 when sales volume contracted by 8.2 per cent

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FPIs pull out Rs 10,347 crore from capital markets in April so far

Between April 1-24, foreign portfolio investors (FPI) pulled out a net sum of Rs 6,822 crore from equities and Rs 3,525 crore from the debt segment, depositories data showed

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No further relaxation in Delhi, except those permitted by Centre: Kejriwal

No markets and malls will be allowed to open in the national capital and all shops in Covid-19 containment zones will remain shut, the Delhi CM said

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Coronavirus LIVE: No relaxation in Delhi, except those permitted by Centre

Coronavirus LIVE updates: The number of Covid-19 cases in India has risen to 26,496, and the global tally of corona cases now stands 2,923,009. Stay with Business Standard for Covid 19 LIVE updates

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India's holding of US govt securities hits record high of $177.5 bn in Feb

In the last one year since February 2019, the overall holding of India has jumped by a staggering $33.2 billion

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Saturday, April 25, 2020

Coronavirus LIVE: Nearly 2,000 new cases in 24 hrs; India total over 26,000

Coronavirus LIVE update: The number of Covid-19 cases in India has risen to 26,496, and the global tally of corona cases now stands 2,921,439. Stay with Business Standard for Covid 19 LIVE updates

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Covid-19: We are in the midst of a war, says PM Modi in Mann Ki Baat

The Prime Minister said all the people are soldiers in this people-driven fight

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With new, stricter norms, how Covid-19 will forever change the way we fly

A seismic shift is underway as the world's airlines reassess their operations and how they will look emerging from the crisis

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WHO's regulatory arm clearly failed during coronavirus: Mike Pompeo

Edited excerpts from US Secretary of State, Mike Pompeo's opening remarks at a press conference, April 22 in Washington DC

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Covid-19 briefings not worth my time, says Trump after disinfectant gaffe

After a strong rebuff of his suggestion by top medical experts and disinfectant manufacturers, Trump on Friday claimed he had been speaking "sarcastically."

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PM Modi to hold 64th edition of 'Mann Ki Baat' today amid Covid-19 lockdown

The show will be aired at 11 am on All India Radio, DD and Narendra Modi App.

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World coronavirus dispatch: No, recovery doesn't grant immunity, says WHO

From Trump getting sued, to Facebook getting into the video calls business, to Boeing calling off a deal, to a future with more robots

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India coronavirus dispatch: How Goa managed to control the pandemic

From debating easing of lockdown, to worsening access to mental healthcare, to status of women migrant workers in the post-Covid era

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Covid-19 Factoid: With 5-fold jump, all's not well in the state of Gujarat

The world sees the highest single day jump in new cases with more than 100,000 cases in day while in Gujarat cases jump nearly five times in the second phase of lockdown

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Lockdown: UP govt starts bringing back migrant labourers from Haryana

Deploys fleet of 82 buses to ferry nearly 11,000 workers, who will be given a ration kit and Rs 1,000 cash support

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L&T defers salary appraisals over Rs 12,000 cr billing loss since lockdown

Analysts raise concerns over Q1 show, firm to shift focus to Africa as West Asian market turns weak

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Lighter workload, better safety: French court backs Amazon workers

Amazon must limit deliveries in France to IT products, health items, food and pet food, the Court of Appeal said, upholding a previous order for the firm to curtail shipments

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Lighter workload, better safety: French court backs Amazon workers

Amazon must limit deliveries in France to IT products, health items, food and pet food, the Court of Appeal said, upholding a previous order for the firm to curtail shipments

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India records lowest daily growth rate of new Covid-19 cases: Govt

The GoM was informed that domestic manufacturers, which were identified earlier, have already started producing PPE kits and masks, and that an adequate quantity of the same was available

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HDFC invokes pledged shares to acquire 6.43% stake in Reliance Capital

These shares were acquired pursuant to invocation of pledge by security trustee on behalf of the corporation, which was pledged against a loan given by the lender in its normal course of business

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Covid-19 hinterland digest: MP's shocking bill; Dhanbad's textbook solution

Kanpur recorded 37 cases in a day, including two pregnant women and a policeman. The city now has 146 cases

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Covid pandemic could fuel fresh interest in diaspora bonds: World Bank

World Bank officials warned that developing economies could suffer close to 3% decline in economic output

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India feature phone market declines 24% in first quarter of 2020: Report

Leading the feature phones shipment in India is itel which increased its market share from 7%in Q1 2019 to 22 per cent in the same quarter this year

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Facebook launches 'Messenger Rooms' for group video chat to target Zoom app

In Facebook Messenger Rooms, the users can post links in their News Feed or in Groups or event pages

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Coronavirus LIVE: Andhra cases rise to 955; stricter lockdown in Tamil Nadu

Coronavirus LIVE update: The number of Covid-19 cases in India has risen to 24,530, and the global tally of corona cases now stands 2,833,031. Stay with Business Standard for Covid 19 LIVE updates

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Ex-PM Manmohan Singh slams govt, says not necessary to freeze DA, DR hike

Former Congress chief Rahul Gandhi also slammed the government over the issue

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Covid-19 lockdown: Govt allows standalone shops to reopen, with conditions

Shops in market places, multi-brand and single-brand malls located in municipality areas will continue to remain closed till May 3

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Covid-19 lockdown: Home Ministry allows opening of shops with conditions

Shops in market places, multi-brand and single brand malls located in municipality areas shall continue to remain closed till May 3

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Friday, April 24, 2020

Air India employees urge govt to cancel airlines' decision to cut pay

The unions pointed out that the Centre has invoked the provisions of the Disaster Management Act, 2005 with directions to implement lockdown measures for the containment of spread of Covid-19

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Best of BS Opinion: Coronavirus outbreak, India's labour market, and more

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

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Trump urged to suspend H1B, other visas after 26 mn Americans lose jobs

The letter, dated April 23, was released to the media on Friday, a day after Trump issued an executive order that suspended issuing of new Green Cards for the next 90 days

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India coronavirus dispatch: Stark difference in Indian states' trajectories

From the resilience of farmers, to how India will emerge out of the lockdown, and how Covid-19 affects your lungs - read these and more in today's India dispatch

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World coronavirus dispatch: First human trial of Covid-19 drug underway

From the first human trial volunteer, to the Donald Trump prescription that sent the medical world into a tizzy, and the confusion around China's tally - read these and more in today's world dispatch

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Covid-19 Factoid: These states have higher recoveries than active cases

While several of India's states are seeing their tally of cases, some have successfully flattened the curve and their recovered cases now significantly exceed active ones

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New high-energy-density physics research provides insights about the universe

Researchers have applied physics theory and calculations to predict the presence of two new phenomena -- interspecies radiative transition (IRT) and the breakdown of the dipole selection rule -- in the transport of radiation in atoms and molecules under high-energy-density (HED) conditions. The research enhances an understanding of HED science and could lead to more information about how stars and other astrophysical objects evolve in the universe.

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Big data reveals we're running out of time to save environment and ourselves

The use of big data can help scientists' chart not only the degradation of the environment but can be part of the solution to achieve sustainability, according to a new commentary paper.

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Researchers solve 'link discovery' problem for terahertz data networks

A team of researchers has demonstrated a way to help devices to find each other in the ultra-fast terahertz data networks of the future.

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After a heart attack, physical activity makes you feel better

Heart attack patients who take part in a lifestyle improvement program feel better -- especially when they do additional physical activity.

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Thursday, April 23, 2020

Speed up delivery of free cylinders to PMUY beneficiaries: Pradhan

Under the Pradhan Mantri Garib Kalyan package, over 80 million PMUY beneficiaries are eligible to get three free cylinders over the next three months

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Financials, AMCs under pressure; Bajaj Finance, HDFC AMC down over 5%

At 10:16 am, the S&P BSE Finance and S&P BSE Bankex were down 2.9 per cent and 2.6 per cent, respectively as compared to a 1.5 per cent decline in the S&P BSE Sensex.

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Bharti Infratel jumps 4% after March quarter results, pares gains later

The stock failed to hold the gains and declined over 9.6 per cent from intra-day high

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Gilead disputes report of anti-viral drug remdesivir failing Covid-19 trial

It comes days after another report of rapid recovery in fever and respiratory symptoms in some patients with Covid-19 who were treated with remdesivir at the University of Chicago Medicine hospital

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FPIs reduce stake in financial sector, the worst performer in March quarter

In HDFC Bank, HDFC, ICICI Bank, SBI, Axis Bank and Bandhan Bank, FPIs reduced their holdings in the range of 100 bps to 300 bps.

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Mahindra CIE hits 5% lower circuit as March quarter profit slips over 86%

The auto components maker had posted a consolidated profit after tax of Rs 153.72 crore in the corresponding quarter of previous fiscal.

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Alembic Pharma hits 52-wk high, rallies 20% in 3 days on robust Q4 numbers

The stock is close to its all-time high level of Rs 792, hit in July 2015

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World economy faces steepest contraction; recovery U-shaped: Economists

In a Reuters poll, more than 55% or 87 of 155 economists said the global economic recovery would be U-shaped

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Chris Wood rejigs India exposure; says lockdown disastrous for economy

Wood has rejigged his exposure to Indian stocks in his Asia ex-Japan long-only portfolio with HDFC Bank and ICICI Bank paving the way for Cipla. Besides, he remains bullish Reliance Industries.

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Chris Wood rejigs India exposure; says lockdown disastrous for economy

Wood has rejigged his exposure to Indian stocks in his Asia ex-Japan long-only portfolio with HDFC Bank and ICICI Bank paving the way for Cipla. Besides, he remains bullish Reliance Industries.

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Stocks to watch: Ashok Leyland, Axis Bank, Mindtree, Bharti Infratel, M&M

Here's a look at the top stocks that may remain in the focus today

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Bull Spread strategy on Manappuram Finance by HDFC Securities

NBFC, as a sector, is looking good for the short-term

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Outlook & trading strategies for Gold, Copper by Tradebulls Securities

The Rupee is finding resistance around 77.06 and upside momentum will continue above that level

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RSI indicator hints at positive momentum in Nifty; stay long: Nilesh Jain

The volatility India (VIX) has fallen below 40 levels, which is giving comforts to the bulls

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US faces biggest job crisis since Depression; Trump may reopen economy soon

Both the World Bank and the International Monetary Fund have projected a negative growth in the US in 2020

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MARKET LIVE: SGX Nifty falls 100 pts, indicates a gap-down open for indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty falls 100 pts, indicates a gap-down open for indices

Catch all the live market updates here

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Top biz headlines: Stimulus package for industry, IBC breather and more

Here are the top 10 business headlines on Friday morning

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Covid-19 Factoid: India took just four days to add 5,000 coronavirus cases

While the rate at which new daily deaths get added to the global toll has been declining consistently, France, the fourth most affected country has shown some clear signs of improvement

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World coronavirus dispatch: UK's massive study, and stay-at-home Ramadan

From the status of the pandemic in South Asia, to the UK's massive study to test 300,000 people, and Trump's 'political' push to re-open economy - read these and more in today's world digest

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India coronavirus dispatch: A few notes on restarting the economy

From the impact on urban poor, to miles between relief and reality, and how India should not lapse into 'permit raj' after the lockdown - read these and more in today's India digest

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Best of BS Opinion: Coronavirus outbreak, oil market collapse, and more

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

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Lift coronavirus lockdown by mid-May, Mamata Banerjee tells Centre

For the third day in a row, Banerjee hit the streets of Kolkata and advised people to strictly follow the lockdown norms, saying this was needed to break the chain of coronavirus transmission.

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Wednesday, April 22, 2020

Zee Entertainment soars 14% as FPI picks stake; gains 34% in two days

On Wednesday, Florida Retirement System (FRS) acquired 5.11 million equity shares, representing 0.53 per cent of the total paid up equity of the ZEE, on the NSE

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Lockdown, job loss impacted 40 mn migrant workers in India: World Bank

Due to the global recession caused by Covid-19, remittances to India are likely to drop by 23 per cent from $83 billion last year to $64 billion this year, the report said

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Covid-19 vaccine: Oxford University to start human trials from today

The vaccine will be tested on around 500 volunteers and will focus on safety and tolerability, as well as providing an initial assessment of how effective the shot is

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Make no mistake about Covid-19, it will be with us for a long time: WHO

Covid-19 has infected more than 2.6 million people around the world and a total of 1,83,027 people have died due to coronavirus, according to data from US-based Johns Hopkins University

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Centre directs states, UTs to urge Covid-19 warriors to take online courses

A tailored version of the iGOT has been launched recently to train all Covid-19 warriors of the country

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Stocks to watch: Britannia Ind, Vodafone Idea, Bharti Infratel, NBCC, MCX

Here's a look at the top stocks that may remain in focus

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SpiceJet lessors in talks to reclaim planes over missed payments: Report

One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance fees due since late last year

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Coronavirus lockdown: Tea farmers in Bihar's Kishanganj incur huge losses

Farmers said that the lockdown was imposed at a time when the tea leaves were supposed to be harvested

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S&P lowers Future Retail's issuer credit rating from 'B-' to 'CCC-'

Operating cash-flows to stay weak for two months

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SpiceJet lessors in talks to reclaim planes over missed payments: Report

One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance fees due since late last year

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First-ever comprehensive geologic map of the moon

For the first time, the entire lunar surface has been completely mapped and uniformly classified. The lunar map, called the 'Unified Geologic Map of the Moon,' will serve as the definitive blueprint of the moon's surface geology for future human missions and will be invaluable for the international scientific community, educators and the public-at-large.

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Coronavirus LIVE: India cases soar to 21,471; global total at 2,636,989

Coronavirus world tracker: Total number of coronavirus cases in India has reached 21,471, and the global tally stands at 2,636,989. Stay with Business Standard for Covid-19 corona LIVE updates

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Nifty outlook and stock recommendation by CapitalVia: Buy Dabur, HUL

As per weekly option data, handful of put writing on lower strikes ranging from 8,800 to 9,200 is seen which shows Nifty would witness firm support in sub 9,000 zone

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MARKET LIVE: SGX Nifty suggests a flat start for Indian indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty suggests a flat start for Indian indices

Catch all the live market updates here

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Top biz headlines: Facebook stake in Jio, economy under Covid-19 and more

Here are the top 10 business headlines of Thursday

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Covid-19 Factoid: Sweden's death-recovery gap, and India's worst sufferers

While North America is adding more coronavirus cases to the global total than Europe and Asia combined, Sweden strategy of not enforcing a lockdown also seems to have failed

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India coronavirus dispatch: Fiscal empowerment of the country's states

From a change in migrant policy, to Indians stuck abroad, and asymptomatic Covid-19 patients - read about these and more in today's India dispatch

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World coronavirus dispatch: Chinese can now book tests on e-commerce sites

From China allowing users to book coronavirus tests on e-commerce sites, to $484-billion US relief package, and another pandemic that may follow Covid-19 - read these and more in today's dispatch

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Best of BS Opinion: War with the virus, Jio-Facebook deal, and more

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

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Jio Platforms now more valuable than rest of RIL businesses put together

At Wednesday's price, RIL's market capitalisation stood at Rs 8.64 trillion. This means, the other businesses are being valued by the Street at Rs 4.28 trillion

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Zomato, Urban Company make Aarogya Setu app mandatory for staff, partners

Government's coronavirus app will help companies to meet guidlines allowing e-commerce firms to function during the national lockdown.

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Another excise hike for petroleum products on cards to offset revenue loss

No immediate hike, marginal increase likely to be implemented only after lockdown is lifted

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Tuesday, April 21, 2020

Livelihoods at stake for millions as employment crisis gets the coronavirus

India's economy, even when it is growing, doesn't create enough quality jobs, and a nationwide lockdown to contain Covid-19 has created an employment calamity, writes Mahesh Vyas

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Livelihoods at stake for millions as employment crisis gets the coronavirus

India's economy, even when it is growing, doesn't create enough quality jobs, and a nationwide lockdown to contain Covid-19 has created an employment calamity, writes Mahesh Vyas

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Laurus Labs surges 50% in one month on growth prospects in US market

The stock hit a 52-week high of Rs 494, up 9 per cent on the BSE on Wednesday, surging 20 per cent in past two trading days on expectation of strong growth prospects in United States.

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ACC stock gains over 3.6% post-March quarter results; turns flat later

ACC's volumes were down 13 per cent YoY to 6.56 million tonnes due to the shutdown of operations from March 24, 2020

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'Americans first': Trump suspends issuing of new Green Cards for 60 days

However, the move will not have any impact on those entering the country on a temporary basis, Trump said

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Facebook to invest $5.7 bn in RIL's Jio Platforms to pick up 9.99% stake

Jio Platforms, Reliance Retail and WhatsApp also enter into a commercial partnership agreement

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Reliance Industries gains 7% as Facebook to buy 9.9% in Jio for $5.7 bn

US tech giant Facebook would invest Rs 43,547 crore ($5.7 billion) in the company's wholly-owned subsidiary Jio Platforms to expand its presence in India.

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Agriculture minister joins G-20 meet over Covid-19 impact on food safety

The G-20 Agriculture Ministers virtual meeting was organized through video conferencing by the Saudi Presidency to deliberate on the ways and means of ensuring continuity of the food supply

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Facebook to invest $5.7 bn in RIL's Jio Platforms to pick up 9.99% stake

Jio Platforms, Reliance Retail and WhatsApp also enter into a commercial partnership agreement

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Stocks to watch: RIL, ACC, Den Networks, Federal Bank, oil-linked stocks

Here's a look at the top stocks that may remain in focus today

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Firms await stimulus, warn of layoffs: Ficci survey on coronavirus impact

The Covid-19 crisis has already caused an unprecedented collapse in economic activities over the last few weeks, says survey

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Firms await stimulus, warn of layoffs: Ficci survey on coronavirus impact

The Covid-19 crisis has already caused an unprecedented collapse in economic activities over the last few weeks, says survey

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MARKET LIVE: SGX Nifty down 60 pts; RIL in focus after Jio-Facebook deal

Catch all the live market updates here

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MARKET LIVE: SGX Nifty down 60 pts; RIL in focus after Jio-Facebook deal

Catch all the live market updates here

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Best of BS Opinion: Beyond Covid-19 red zones, oil price crash, and more

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

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With revenues depleting, Congress govts flag the need to lift lockdown

Chhattisgarh Chief Minister Bhupesh Baghel, in a letter to the prime minister, demanded immediate permission to allow a host of economic activities

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Top 10 biz headlines: Brent crash adds to oil chaos; bank notice to malls

Here are the top 10 business headlines on Wednesday

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Facebook invests $ 5.7 billion for 9.9% stake in RIL's Jio Platforms

In a Facebook post, Mark Zuckerberg announced that the two companies are joining hands to help people and businesses in India create new opportunities

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Facebook invests $ 5.7 billion for minority stake in RIL's Jio Platforms

In a Facebook post, Mark Zuckerberg announced that the two companies are joining hands to help people and businesses in India create new opportunities

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Covid-19 Factoid: Confirmed cases in Gujarat are doubling every six days

While Iran, the first country to be affected significantly outside of China, is seeing definite signs of recovery, Singapore has seen a late spurt in cases

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Facebook to buy minority stake in Jio Platforms for $5.7 bn

Facebook on Wednesday announced an investment of USD 5.7 billion (Rs 43,574 crore) for acquiring a minority stake in Jio Platforms Ltd as it looks to expand presence in its largest market in terms of subscriber base. "Today, we are announcing a USD ...

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World coronavirus dispatch: Lockdowns go into June; US halts immigration

Even as nations in the East are being cautious, some others, mainly in Europe, think the worst has passed for them and are looking to ease restrictions - read these and more in today's dispatch

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India coronavirus dispatch: Continuing legislative work through a crisis

From a continued shortage of safety gears for health workers, to unforeseeable dangers of mass surveillance, and whether to do rapid tests or not - read these and more in today's India dispatch

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Monday, April 20, 2020

Govt promotes blood donation amid Covid-19 lockdown, issues guidelines

All the blood donors will be given passes for smooth movement during the lockdown

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Covid-19: Trump plans to suspend immigration to protect American jobs

The US President says the decision has been taken 'in light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our great American Citizens'

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Nifty outlook and stock calls by Anand Rathi: Buy HPCL, Sell Coal India

The stock of Coal India, after completing its up move, has provided breakdown from a rising wedge pattern on the daily chart

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Crude oil edges above $0 per barrel, recovers after record wipeout

US crude oil futures collapsed below $0 on Monday, for the first time in history, ending the day at a stunning minus $37.63 a barrel amid coronavirus-induced supply glut

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Crude oil edges above $0 per barrel, recovers after record wipeout

US crude oil futures collapsed below $0 on Monday, for the first time in history, ending the day at a stunning minus $37.63 a barrel amid coronavirus-induced supply glut

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MARKET LIVE: SGX Nifty sheds over 200 points; Infosys, OMCs in focus

Catch all the live market updates here

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MARKET LIVE: SGX Nifty sheds over 200 points; Infosys, OMCs in focus

Catch all the live market updates here

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Govt promotes blood donation amid Covid-19 lockdown, issues guidelines

All the blood donors will be given passes for smooth movement during the lockdown

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FinMin gives Rs 46,000 cr in April devolution as states fight coronavirus

Chief Ministers and state finance ministers have written to the centre seeking funds to deal with the pandemic.

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Top headlines: Oil plunges below zero, Sebi heat on Chinese investors, more

Here are the top 10 headlines for Tuesday

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Infant temperament predicts personality more than 20 years later

Researchers investigating how temperament shapes adult life-course outcomes have found that behavioral inhibition in infancy predicts a reserved, introverted personality at age 26. For those individuals who show sensitivity to making errors in adolescence, the findings indicated a higher risk for internalizing disorders (such as anxiety and depression) in adulthood. The study provides robust evidence of the impact of infant temperament on adult outcomes.

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Covid-19 Factoid: Death toll in India is doubling at same rate as in the US

Even as the number of daily fatalities globally fell for 3 straight days and the US epicentre of New York on April 18 saw only 23 new cases, New Jersey reported more than 3,000 on the same day

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World coronavirus dispatch: US firms slashing costs; salary cuts at Disney

From Spain's death toll dropping, to Branson saying his airlines would go bust without govt support, and how using masks is altering the way we communicate - read these and more in today's dispatch

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Best of BS Opinion: Unemployment rate touches 26%, Covid-19 fear, and more

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

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India coronavirus dispatch: Social measures to raise public consciousness

From risk stratification approach, to a game-changing vaccine, and what precautions you should take when visiting a shop - read these and more in today's India dispatch

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India's ban on flying to stay until coronavirus no longer a danger

The ban will be lifted only when the government determines that the virus is no longer a threat, Hardeep Singh Puri wrote in a Twitter post

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'Respect' govt decision on sale of non-essential goods: Flipkart

In a mail to employees, Krishnamurthy also encouraged them to explore innovative ways to drive value for the ecosystem including sellers, brands, kirana stores and customers

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Exoplanet apparently disappears in latest Hubble observations

What scientists thought was a planet beyond our solar system has 'vanished.' Though this happens to sci-fi worlds, scientists seek a more plausible explanation. One interpretation: instead of a planet, it could be a dust cloud produced by two large bodies colliding.

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Origins of human language pathway in the brain at least 25 million years old

The human language pathway in the brain has been identified by scientists as being at least 25 million years old -- 20 million years older than previously thought.

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Milky Way could be catapulting stars into its outer halo

Astronomers have shown that clusters of supernovas can cause the birth of scattered, eccentrically orbiting suns in outer stellar halos, upending commonly held notions of how star systems have formed and evolved over billions of years.

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A gut-to-brain circuit drives sugar preference and may explain sugar cravings

The sensation of sweetness starts on the tongue, but sugar molecules also trip sensors in the gut that directly signal the brain. This could explain why artificial sweeteners fail to satisfy the insatiable craving for sugar.

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Exoplanet apparently disappears in latest Hubble observations

What scientists thought was a planet beyond our solar system has 'vanished.' Though this happens to sci-fi worlds, scientists seek a more plausible explanation. One interpretation: instead of a planet, it could be a dust cloud produced by two large bodies colliding.

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Origins of human language pathway in the brain at least 25 million years old

The human language pathway in the brain has been identified by scientists as being at least 25 million years old -- 20 million years older than previously thought.

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Sunday, April 19, 2020

A key brain region for controlling binge drinking has been found

A team of researchers has found that turning off a stress signaling system in a single specific brain area can reduce harmful binge drinking. This finding brings researchers one step closer to understanding which signals in the brain drive individuals to consume alcohol excessively and put them at risk for developing an alcohol use disorder.

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Relying on 'local food' is a distant dream for most of the world

A recent study shows that less than one-third of the world's population could currently meet their demand for food produced in their local vicinity.

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Simulations show how to make gene therapy more effective

Diseases with a genetic cause could be treated by supplying a correct version of the faulty gene. However, in practice, delivering new genetic material to human cells is difficult. A promising method for the delivery of such genes involves the use of DNA/lipid complexes (lipoplexes). Scientists have now used advanced simulations to investigate how these lipoplexes deliver DNA fragments into cells. The results can be used to improve their efficiency.

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Stem cells in human embryos commit to specialization surprisingly early

The point when human embryonic stem cells irreversibly commit to becoming specialized has been identified by researchers.

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Art of printing extremely hard steels flawlessly

For millennia, metallurgists have been meticulously tweaking the ingredients of steel to enhance its properties. As a result, several variants of steel exist today; but one type, called martensitic steel, stands out from its steel cousins as stronger and more cost-effective to produce. Hence, martensitic steels naturally lend themselves to applications in the aerospace, automotive and defense industries, among others, where high-strength, lightweight parts need to be manufactured without boosting the cost.

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Beyond encryption: Protecting consumer privacy while keeping survey results accurate

Data privacy laws require encryption and, in some cases, transforming the original data to 'protected data' before it's released to external parties.

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Nanoparticles: Acidic alert

Researchers have synthesized nanoparticles that can be induced by a change in pH to release a deadly dose of ionized iron within cells. This mechanism could potentially open up new approaches to the targeted elimination of malignant tumors.

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New discovery settles long-standing debate about photovoltaic materials

Scientists have theorized that organometallic halide perovskites -- a class of light harvesting 'wonder' materials for applications in solar cells and quantum electronics -- are so promising due to an unseen yet highly controversial mechanism called the Rashba effect. Scientists have now experimentally proven the existence of the effect in bulk perovskites.

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Fog harp harvests water even in the lightest fog

What do you get when you cross a novel approach to water harvesting with a light fog? The answer: a lot more water than you expected.

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Stocks to watch: HDFC Bank, Infosys, cement firms, TVS Motor, Goa Carbon

Here's a look at the top stocks that may remain in focus today

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Trading idea by Prabhudas Lilladher: Buy City Union Bank, Bosch

The stock of City Union Bank has witnessed a decent erosion from the peak of around 240 levels and has bottomed out near 110 levels

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Keep booking profits on a regular basis: Sameet Chavan of Angel Broking

At present, traders are advised to keep following stock-specific approach

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MARKET LIVE: SGX Nifty trends suggest a negative start for Indian indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty trends suggest a negative start for Indian indices

Catch all the live market updates here

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Lockdown 2.0: Some respite for construction firms, but road ahead is long

Companies with stronger balance sheet and early cycle plays like L&T, J Kumar Infra, IRB Infra, Sadbhav Engineering and NCC though may be considered on dips, say analysts

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Covid-19: Irdai directs health insurers to settle claims within two hours

All the insurers shall decide health insurance claims expeditiously, it said in a circular

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IFC proposes equity investment of $10 mn into India Alternatives' Fund

The Fund is planning to pursue growth capital investments in small to mid-cap companies in India

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Top 10 biz headlines: Stranded labour in lockdown, company results and more

Here are the top business headlines this Monday

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World coronavirus dispatch: The geopolitical consequences of the pandemic

From Trump warning China, to Spain promising to ease the confinement of children, and comparing six healthcare systems in a pandemic - read these and more in today's world dispatch

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India coronavirus dispatch: A constitutional duty towards our urban poor

From treating migrant workers justly and humanely, to flattening the state-level curves, and how epidemics change the course of nations - read these and more in today's dispatch

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Covid-19 Factoid: After Kerala, now Tamil Nadu is showing signs of success

While the time taken for 100,000 confirmed cases globally to recover has declined to just three days from 48 earlier, the gap between new cases and recoveries in Germany has narrowed significantly

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Best of BS Opinion: Global financial system, coronavirus outbreak, and more

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

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How tech firms are helping build robust local supply chains amid Covid-19

Now that many areas are out of bounds for big retailers for various reasons, is there an opportunity for local kiranas?

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Steel demand to contract 7.7% in 2020 over coronavirus crisis: ISA

This is in sharp contrast to the earlier projection of 5.1 per cent growth made just a couple of months back, in February.

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Cabinet may approve a relief package for power discoms next week: Report

The package may also include steps like directions to the state and central power regulators to reduce electricity traiff, the source sai

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Cabinet may approve a relief package for power discoms next week: Report

The package may also include steps like directions to the state and central power regulators to reduce electricity traiff, the source sai

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Infosys to announce Q4 results on Monday; here's what to expect

"We expect revenues to grow 0.2 per cent quarter-on-quarter (QoQ) in constant currency terms (presuming 1 per cent hit due to Covid-19), said ICICI Securities.

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Infosys to announce Q4 results on Monday; here's what to expect

"We expect revenues to grow 0.2 per cent quarter-on-quarter (QoQ) in constant currency terms (presuming 1 per cent hit due to Covid-19), said ICICI Securities.

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No supply of non-essentials by e-tailers in lockdown: Govt reverses stand

The govt had previously permitted e-commerce companies to also supply non-essential goods during the lockdown period till May 3

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No supply of non-essentials by e-tailers in lockdown: Govt reverses stand

The govt had previously permitted e-commerce companies to also supply non-essential goods during the lockdown period till May 3

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Take 'measured approach' on Covid-19 stimulus packages: Panagariya to govt

The former NITI Aayog Vice Chairman said that India, like nearly all other countries in the world, faced "difficult choices" against the pandemic

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No relaxation of lockdown in Delhi, will review next week: CM Kejriwal

CM Kejriwal said that all the 186 Covid-19 positive cases that were reported yesterday were asymptomatic

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Take 'measured approach' on Covid-19 stimulus packages: Panagariya to govt

The former NITI Aayog Vice Chairman said that India, like nearly all other countries in the world, faced "difficult choices" against the pandemic

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AXA moots mass insurance scheme for loss of income during pandemic lockdown

The insurance cover can guarantee a regular pay-out for a specific time frame to these affected individuals

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Saturday, April 18, 2020

Rajasthan govt issues lockdown guidelines to start industries from April 20

The Rajasthan government is fighting the situation on the health as well as the economy front, said Chief Minister Ashok Gehlot

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Coronavirus crisis: FPIs withdraw Rs 12,650 cr from capital market in April

Between April 1 to 17, FPIs pulled out a net sum of Rs 3,808 crore from equities and Rs 8,842 crore from the debt segment

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China's actual Covid-19 death toll much higher, way ahead of the US: Trump

According to Trump, when highly-developed healthcare systems of the UK, France, Belgium, Italy and Spain had high fatality rates, it was 0.33 in China

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Covid-19: Nitish under pressure after UP brings back students from Kota

Leader of the Opposition Tejashwi Yadav issued an open letter addressed to the chief minister, wherein he charged the state government with treating its own people like infiltrators

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India coronavirus dispatch: A big blow to fuel consumption in the country

From food shortage for migrants, to farmers facing trouble in Haryana, and the economic impact of the lockdown

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World coronavirus dispatch: When is the right time to ease the lockdown?

From people thronging cafes in Korea, to countries thinking of easing lockdowns, to the efficacy of antibody kits

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Open flight bookings only after we decide on lockdown: Govt tells airlines

Earlier in the day, Air India said it has opened bookings on select domestic flights from May 4 and on select international flights from June 1

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300,000 more Covid-19 test kits sent to India from China: Indian envoy

About three lakh Rapid Antibody Test kits were airlifted to Rajasthan and Tamil Nadu from Guangzhou, Indian Ambassador to China Vikram Misri said.

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Her voice amid lurking danger: Reflections on some feminist crime novels

It goes without saying that not all of the female crime novelists come out as feminists, and that some male writers can do feminist crime novels quite well.

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Open flight bookings only after we decide on lockdown: Govt tells airlines

Earlier in the day, Air India said it has opened bookings on select domestic flights from May 4 and on select international flights from June 1

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Covid-19 factoid: South Korea stages a sharp recovery, Kerala does well too

While Michigan and New York have the highest fatality rate among states in the US, Kerala has brought things well under control

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Coronavirus LIVE: 328 new cases in Maharashtra; India death toll at 521

Coronavirus latest update: Confirmed coronavirus cases in India have reached 14,425, and deaths 488. Catch Coronavirus LIVE updates at Business Standard

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Covid-19 hinterland digest: UP evacuates students, but labourers are stuck

A constable travels more than 500 km to join "duty" in UP and a hospital in Agra is investigated for its coronavirus numbers.

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NHPC conducts e-reverse auction for 2000 MW solar project amid lockdown

The bidding was undertaken on April 16 under the e-reverse auction method where the bidder quoting the lowest tariff is awarded the project.

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GAIL lines up plans to restart infra projects post Covid-19 lockdown

High-pressure natural gas pipelines, including Urjja Ganga project connecting North and East India, will be taken up immediately; migrant labour allowed to stay at work sites

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Meat retailers switch to online models, see sales double during lockdown

India is one of the countries with the lowest per capita meat consumption in the world

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MNRE urges states to set up renewable energy equipment parks to meet demand

The ministry has also got in touch with trade commissioners and representatives of various countries and invited them to invest in this promising sector in India

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Coronavirus: What is convalescent plasma therapy? Things you should know

Convalescent plasma is an experimental procedure for coronavirus patients

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Coronavirus: What is convalescent plasma therapy? Things you should know

Convalescent plasma is an experimental procedure for coronavirus patients

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7 ways to revive India's labour market and livelihoods in post-Covid world

It is important to plan how to deal with the economic fallout and rebuild a more inclusive economy in a post-Covid-19 world, and much of that hinges on how we revive labour markets and livelihoods

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Wheat procurement starts slowly across North India amid distress sale fears

In MP, farmer say sales under new 'Sauda Patrak' method below MSP; Haryana mustard farmers rue crop loss due to untimely

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7 ways to revive India's labour market and livelihoods in post-Covid world

It is important to plan how to deal with the economic fallout and rebuild a more inclusive economy in a post-Covid-19 world, and much of that hinges on how we revive labour markets and livelihoods

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Eros International announces all-share merger with STX Entertainment

Over $75 million in commitments have been already received, while the rest will be tied-up before the execution of the merger

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Wheat procurement starts slowly across North India amid distress sale fears

In MP, farmer say sales under new 'Sauda Patrak' method below MSP; Haryana mustard farmers rue crop loss due to untimely

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Hyundai partners with Air Liquide Medical Systems to produce ventilators

The partnership will augment the production and supply of ventilators in Tamil Nadu and other states

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Friday, April 17, 2020

Covid-19: Petrol pumps won't sell you fuel if you are not wearing a mask

Worried about the safety of their staffers, more than 58,000 fuel retail outlets across India have decided to decline refills for those customers who are not ready to wear masks

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26 Navy personnel in Western Naval Command test positive for coronavirus

The Indian Navy continues to actively support the national effort in the fight against Covid-19

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Covid-19: Latin American nations scrap duties on Indian respiratory devices

The Brazilian government published a resolution eliminating import taxes on 141 medical products and hospital equipment

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Rs 5,575-cr indirect tax refunds processed since March 30, says CBIC

Earlier, the tax body had initiated a measure to help GST return filers by facilitating early refund of input tax credit

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Covid-19: Global economic contraction in H1 of 2020 inevitable, says IMF

The IMF managing director said the immediate priority was to minimise the pandemic's human toll and economic disruption

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Best of BS Opinion: Covid-19 outbreak, re-building police brand, and more

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

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India coronavirus dispatch: Can aviation industry recover from pandemic?

From knowledge sharing in the time of Covid-19, to quarantine guidelines for healthcare workers, and why your risk of getting sick could lie in your genes - read these and more in today's dispatch

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Indians' debt and poor income growth at record in coronavirus era

Indian households had debts worth nearly Rs 43.5 trillion at the end of March this year, up from Rs 6.6 trillion at the end of March 2008 and Rs 19.3 trillion five years ago at the end of FY15

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World coronavirus dispatch: China's GDP contraction, and Iran's credit woes

From deliberations in the US and some of the European countries on reopening their economies to China's worst quarterly economic performance since 1992 - read these and more in today's dispatch

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Covid-19 Factoid: Surge in Iran's critical cases, and UK's grim milestone

While the UK has become the sixth country in the world to have more than 100,000 positive coronavirus cases, the share of critical cases in Iran's total is unusually high

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Thursday, April 16, 2020

Zoom not a safe platform, says MHA advisory; SpaceX, Google ban use

The advisory further gives detailed instructions on the safe use of the platform including security configurations through website and app

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Financials in focus post RBI meet; Axis Bank, RBL Bank, Bajaj Finserv rally

Among individual stocks, Shriram Transport Finance, Indiabulls Housing Finance, Cholamandalam Investment and Finance Company and Bajaj Finserv were up more than 5 per cent on the NSE

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Covid-19: RBI slashes reverse repo rate by 25 bps, no change in repo rate

Earlier, the RBI had reduced the repo rate to a 15-year low of 4.40 per cent by announcing a steep cut of 75 basis points on March 27, only two days after the national lockdown was imposed

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FPIs, MFs book profit in IRCTC; cut stake during March 2020 quarter

Mutual funds stake in IRCTC more than halved from 4.78% in December quarter to 2.05% in March quarter, while FPIs reduced their holdings to 1.7% from 1.99% during the quarter.

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'Can promise' Morgan Stanley will miss medium-term financial targets: CEO

The last of the big US banks to report first-quarter earnings, Morgan Stanley said its profit slumped by 30% and it missed new return targets and cost-cutting goals

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China suffers first GDP decline on record as coronavirus cripples economy

The world's second-largest economy shrank 6.8% from a year ago in the three months ending in March after factories, shops and travel were closed to contain the infection, official data showed.

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How will the Covid-19 pandemic impact Nifty companies' earnings in Q4FY20?

Margins in some sectors could improve due to soft raw material prices.

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Beijing-based AIIB mulls $500 mn funding for healthcare system in India

AIIB is doubling available funds under its COVID-19 Crisis Recovery Facility to provide upto $10 billion due to high client demand.

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HDFC Bank Q4 preview: Net profit may jump 30% YoY; biz growth guidance eyed

Earlier this month, the private lender had informed the exchanges that its advances had grown 6.3 per cent QoQ to Rs 9,93,000 crore during the quarter under review

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Outlook & trading strategies for Gold, Natural Gas by Tradebulls Securities

The rally is under threat only when gold breaks 44,500

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Covid-19 Factoid: US suffers its highest single-day death toll yet

From the US' continuing pains, to some good news coming from Iran and Italy, and Madhya Pradesh's rising number of coronavirus cases - here are some data trends to help to grasp the situation better

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MARKET LIVE: SGX Nifty up 250 pts; RBI Governor to address media at 10 AM

Catch all the live market updates here

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Best of BS Opinion: The perils of Covid policy, normal monsoon, and more

Here's a selection of Business Standard opinion pieces

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World coronavirus dispatch: Europe recovering; Trump may ease curbs in US

From some European nations seeing recovery, to the US' industrial output contraction, and how Japan and China are trying to revive economic activity - read these and more in today's world dispatch

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India coronavirus dispatch: A time for brave and imaginative action

From caring about the Indian migrant, to getting the containment strategy right, and when one could get infected from food - read these and more in today's India dispatch

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Covid-19: Electronics manufacturers in a fix over resuming operations

From satisfying the concerned local and state-level authorities to finalisng the new set of standard operating procedures, all manufacturers are facing a bumpy road before they can resume operations

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Climate-driven megadrought is emerging in western US, says study

A new study says a megadrought worse than anything known from recorded history is very likely in progress in the western United States and northern Mexico, and warming climate is playing a key role.

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How exercise supports your mental fitness: Current recommendations

Sporting activities can bring about a long-term improvement in cognitive performance across all age groups. However, the effects differ between men and women, and not all sports provide the same impact. Researchers have provided recommendations based on a comprehensive analysis of previous studies.

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New clues to predict the risks astronauts will face from space radiation on long missions

Researchers used a novel approach to test assumptions in a model used by NASA to predict health risks for astronauts.

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New 'toolbox' for urological cancer detection

Researchers have developed a new method for biomarker discovery of urological cancers. The method enables timely diagnosis and treatment of cancer. Urological cancers include e.g. prostate, bladder and kidney cancers.

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New clues to predict the risks astronauts will face from space radiation on long missions

Researchers used a novel approach to test assumptions in a model used by NASA to predict health risks for astronauts.

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Critical 'starbleed' vulnerability in FPGA chips identified

Field Programmable Gate Arrays (FPGAs) are flexibly programmable computer chips that are considered very secure components in many applications. Scientists have now discovered that a critical vulnerability is hidden in these chips. Attackers can gain complete control over the chips and their functionalities via the vulnerability. Since the bug is integrated into the hardware, the security risk can only be removed by replacing the chips. The manufacturer of the FPGAs has been informed by the researchers and has already reacted.

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Scientific machine learning paves way for rapid rocket engine design

Researchers are developing a faster modeling technique for rocket engine designers to test performance in different conditions.

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Wednesday, April 15, 2020

Scientists fit two co-catalysts on one nanosheet for better water purification

Scientists havee designed and tested a new two-dimensional (2-D) catalyst that can be used to improve water purification using hydrogen peroxide.

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Questionable stability of dissipative topological models for classical and quantum systems

Scientists analyze the spectral instability of energy-dissipative systems caused by their boundaries: A situation that is naturally given in experimental setups.

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Antiviral drug baloxavir reduces transmission of flu virus among ferrets

Baloxavir treatment reduced transmission of the flu virus from infected ferrets to healthy ferrets, suggesting that the antiviral drug could contribute to the early control of influenza outbreaks by limiting community-based viral spread.

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Biomechanics of skin can perform useful tactile computations

As our body's largest and most prominent organ, the skin also provides one of our most fundamental connections to the world around us. From the moment we're born, it is intimately involved in every physical interaction we have.

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Researchers use snake venom to solve structure of muscle protein

Researchers have uncovered the detailed shape of a key protein involved in muscle contraction.

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How 'hypermutated' malignant brain tumors escape chemotherapy and immunotherapy

An analysis of more than 10,000 gliomas and clinical outcomes found that glioma patients whose tumors were hypermutated actually had no significant benefit when treated with checkpoint blockers.

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A gut-to-brain circuit drives sugar preference and may explain sugar cravings

The sensation of sweetness starts on the tongue, but sugar molecules also trip sensors in the gut that directly signal the brain. This could explain why artificial sweeteners fail to satisfy the insatiable craving for sugar.

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Researchers restore sight in mice by turning skin cells into light-sensing eye cells

Researchers have discovered a technique for directly reprogramming skin cells into light-sensing rod photoreceptors used for vision, sidestepping the need for stem cells. The lab-made rods enabled blind mice to detect light after the cells were transplanted into the animals' eyes.

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Private Banks' Q4 nos may not reflect full extent of Covid-19 hit: Analysts

Among large banks, the brokerage sees ICICI Bank's PAT declining 49 per cent QoQ to Rs 2,100 crore in Q4FY20, followed by a 68 per cent sequential decline in Axis Bank's PAT at Rs 564.6 crore.

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Nifty strength only above 9,000 level: CapitalVia Global Research

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

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MARKET LIVE: SGX Nifty indicates a negative opening for Indian indices

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MARKET LIVE: SGX Nifty indicates a negative opening for Indian indices

Catch all the live market updates here

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Coronavirus LIVE: India cases at 12370; IMF and WHO back India's efforts

Coronavirus latest update: Confirmed covid-19 cases in India have reached 12,370, and deaths 422. Catch Coronavirus LIVE updates at Business Standard

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Tipping point: Gold has been a safe haven, but invest in a staggered manner

After such a humongous run-up, investors may feel wary about investing more in gold at this point of time

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Top biz headlines: Exports fall at fastest pace, IMF concerns, and more

Business Standard brings to you the top headlines of the day

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Best of BS Opinion: Reform for next generation, economic package, and more

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

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India's economy may see first contraction in 40 years on lockdown extension

The lengthening of the mandatory stay-at-home period to 40 days from 21 days will result in a direct output loss of more than 8 per cent over that time, according to Sonal Varma of Nomura Holdings.

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Covid-19 lockdown 2.0: Need govt support to keep units open, say MSMEs

On Tuesday, MSME Minister Nitin Gadkari had stated during a meeting that unpaid dues of MSMEs at the central and the state levels will be released at the earliest.

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Coronavirus lockdown: Shadow looms over summer sales of Amazon, Flipkart

While Amazon India is learnt to have deferred its summer sale until further notice, sources said Flipkart doesn't have clarity on the sale event yet.

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Covid-19 Factoid: US has more coronavirus cases than the next four combined

The Covid-19 crisis is taking a heavy toll on the US, with 40% of its closed cases being deaths; Russia is seeing a sharp spike in cases, and are the Indian states of Maharashtra, Delhi and Rajasthan

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World coronavirus dispatch: Tally of global cases goes past 2 million

From US handing a $25-billion assistance to airlines, to IMF pegging world's economic loss at $9 trillion, Trump's changed stance, and scramble for coffee - read these and more in today's world digest

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Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta from Com...