hunter: May 2020

Sunday, May 31, 2020

Apple doubles RAM upgrade charges for 13-inch MacBook Pro in some countries

In US, customers will now have to pay $200 to get a RAM upgrade to 16GB RAM from 8GB RAM that comes standard with the MacBook Pro. Previously, such RAM upgrade used to cost $100

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India's factory slump deepens in May, headcount slides: PMI

Asia's third-largest economy will contract this quarter for the first time since the mid-1990s

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Four or more dosage of HCQ helped health workers ward off Covid-19: ICMR

According to the National Task Force for Covid-19 in India recommended once a week maintenance dose for seven weeks (400 mg once weekly), following the loading dose (400 mg bd)

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Not the time to celebrate, says Google as it postpones Android 11 launch

The first beta of the Android 11 was earlier postponed to go official on June 3 through an online event. However, the launch now stands cancelled and Google will come out with a new launch date soon

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Nomura sees Nifty at 10,200 in Mar'21; financials to drag earnings

The lockdown's impact on corporate earnings will be worse than seen during the GFC, according to Nomura

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Escorts nears record high on May tractor sales nos, soars 32% in one month

Analysts say tractors are likely to see relatively faster recovery in the second half of this fiscal.

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Consumer durable stocks rally; Voltas jumps 10%, Symphony up 7% post-Q4 nos

For the quarter under review, Voltas reported a 12.52 per cent year-on-year (YoY) increase in its consolidated net profit at Rs 159.50 crore

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IDBI Bank turns profitable after 13 straight quarters of loss; stock up 20%

The asset quality of bank, which is under Prompt Corrective Action (PCA), showed an improvement in slippage during the fourth quarter.

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Protesters start fires near White House in US divide over Floyd murder

America's cities boarded up windows, swept up glass and covered graffiti as the country's most significant night of protests in a half-century spilled into another day of unrest

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Unlock 1.0: Hotel stks rally up to 19% as operations to resume from June 8

Indian Hotels, Chalet Hotels, EIH, TajGVK Hotels & Resorts, EIH Associated Hotels and Shopper Stop were up in the range of 10 per cent to 19 per cent on the BSE in the intra-day trade.

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Unlock 1.0: LPG gas price hiked by Rs 11.50 in Delhi; check details

This comes at a time when a large number of businesses are expected to resume work in the coming week.

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This app claims to delete all Chinese apps on your Android phone: Know more

Developed by Jaipur-based app development and web designing start-up OneTouchAppLabs, the app is labeled as a tool to scan the Android smartphone for Chinese app and help user delete them

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Emirates fires undisclosed number of staff as global aviation comes to halt

Emirates, the jewel of the sheikhdom's vast array of state-linked enterprises, declined to offer figures on how many staff it fired

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RIL diverts Alok Industries for making PPE; says will cut cost to one-third

Capacity has been scaled up to produce more than 100,000 PPE kits per day and cost has been slashed to nearly Rs 650 per unit from the about Rs 2,000 apiece imported price, they said

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Stocks to watch: YES Bank, HCL Tech, IDBI Bank, aviation, Dilip Buildcon

Here's a list of stocks that may remain in focus today

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Stock picks by Angel Broking: Buy Vinati Organics, Kajaria Ceramics

The level of 9,450 followed by 9,380 would now be seen as a sacrosanct support for Nifty

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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of HUL has maintained a strong base near 1970-1980 levels and has picked up momentum improving the bias

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Top stock picks by CapitalVia Global Research: Buy RIL, Piramal Enterprises

The level of 9,200 might act as a base for Nifty's weekly expiry

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MARKET LIVE: SGX Nifty up over 100 pts; Q4 GDP data, lockdown 5.0 in focus

Catch all the live market updates here

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Top 10 biz headlines: Doubts over GDP data, RIL to be 'tech tornado' & more

Here are the top 10 headlines on Monday morning

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Gold price today: Rs 47,010 per 10 gm; silver at Rs 50,110 per kg

The gold price today for 24-carat gold in New Delhi is Rs 47,510 per 10 gram. Gold rate in Chennai is Rs 49,160 and Mumbai Rs 47,010

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Coronavirus LIVE updates: Lockdown 5.0 from today; India cases at 190,609

Lockdown 5.0 update: Maharashtra, Punjab, Telangana, Tamil Nadu, Uttar Pradesh have extended lockdown till June 30. Catch coronavirus, lockdown updates and other related stories here

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Best of BS Opinion: Slowing down coronavirus, acknowledging migrant workers

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

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Indian economy on course for full-year contraction: DBS Bank economist

The government on Saturday said a phased exit would begin on June 1 from the over-two-months-long nationwide lockdown

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RIL on track to attain zero net debt even if Aramco deal is delayed: Report

Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay

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Industrial activity picking up pace in UP; no new tax proposal: Adityanath

UP government eyeing post-covid investments with companies looking to exit China

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CBDT notifies income tax returns forms for 2019-20: Find all the details

The dept has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the Covid-19 outbreak

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CBDT notifies income tax returns forms for 2019-20: Find all the details

DGCA to boost safety checks on airlines, airports after deficiencies fou

At Chennai, the DGCA team found that the disposal of masks and gloves was not carried out in line with the prescribed guidelines

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Indian economy on course for full-year contraction: DBS Bank economist

The government on Saturday said a phased exit would begin on June 1 from the over-two-months-long nationwide lockdown

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Covid-19 impact: LIC listing, IDBI Bank stake sale may be postponed

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale in LIC through an initial public offer in the current financial year

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FDA new drug approval run rate down in FY20 for most Indian pharma majors

According to analysts, companies are skeptical about entering crowded opportunities

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RIL on track to attain zero net debt even if Aramco deal is delayed: Report

Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay

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Modi indicates restricting imports of goods that can be made in India

Modi said a national migrant commission could soon be set up

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World coronavirus dispatch: No of deaths in Latin America crosses 50,000

Overburdened Mexico struggling to cope while Japan manages the pandemic by controlling small outbreaks

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FPIs remain net sellers for third month in May, pull out Rs 7,366 crore

Prior to this, FPIs had net withdrawn a record Rs 1.1 trillion in March and Rs 15,403 crore in April

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FPIs remain net sellers for third month in May, pull out Rs 7,366 crore

Prior to this, FPIs had net withdrawn a record Rs 1.1 trillion in March and Rs 15,403 crore in April

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Saturday, May 30, 2020

PM Modi to hold 65th edition of 'Mann Ki Baat' today as Lockdown 4.0 ends

PM Modi in a letter addressed to Indian citizens on Saturday had expressed "firm belief" that the country will set an "example in economic revival" for the world

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Team management to budget, Bollywood gears up as new normal sets in

I assume budgets will be reworked and the allocation might increase in some areas. It's not easy for production executives and producers, says filmmaker Ashwiny Iyer Tiwari

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China came little farther this time, will resolve diplomatically: Rajnath

The situation in eastern Ladakh deteriorated after around 250 Chinese and Indian soldiers were engaged in a violent face-off on the evening of May 5

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High tech printing makes checking banknotes possible in the blink of an eye

New '3D micro-optic' security features in banknotes enable the general public to detect counterfeits reliably within a fraction of a second, according to new research.

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Topology sheds new light on synchronization in higher-order networks

Research proposes a novel 'higher-order' Kuramoto model that combines topology with dynamical systems and characterizes synchronization in higher-order networks for the first time.

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George Floyd murder: 6 US states call on National Guard as riots intensify

Derek Chauvin, a former Minneapolis police officer involved in the death Floyd has been charged with third-degree murder and manslaughter

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Trump to postpone G7 meeting; seeks India, Russia's addition to the group

The leaders of the world's major economies were slated to meet in the US this year

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Covid-19 Factoid: First time India saw more recoveries than new cases

First time India saw a reduction in active cases while in Uttarakhand there is a sudden jump

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Benefits of social networks to disaster response questioned

Faced with a common peril, people delay making decisions that might save lives, fail to alert each other to danger and spread misinformation. Those may sound like behaviors associated with the current pandemic, but they actually surfaced in experiments on how social networks function in emergencies.

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Friday, May 29, 2020

Odisha ups overtime limit for factory workers to 115 hrs a quarter from 75

Earlier, several state governments have made similar amendments to their labour laws and increased the work hours

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Covid-19: IFC to infuse $35 mn in JK Paper to fund its working capital need

The proposed IFC infusion would fund the incremental working capital requirements due to the impact of Covid-19

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India urges BRICS nations to share coronavirus-related tax measures

Finance and Revenue Secretary Ajay Bhushan Pandey highlighted the need for adopting a "whole of government approach" in dealing with cross-border financial crimes

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Covid-19: IFC to infuse $35 mn in JK Paper to fund its working capital need

The proposed IFC infusion would fund the incremental working capital requirements due to the impact of Covid-19

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Fearful Great Danes provide new insights to genetic causes of fear

Researchers have identified a new genomic region and anxiety-related candidate genes associated with fearfulness in dogs. Findings support their hypothesis that fearfulness and anxiety are hereditary traits in dogs, and there may be shared factors underlying anxiety in both humans and dogs.

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How toxic protein spreads in Alzheimer's disease

Toxic versions of the protein tau are believed to cause death of neurons of the brain in Alzheimer's disease. A new study shows that the spread of toxic tau in the human brain in elderly individuals may occur via connected neurons. The researchers could see that beta-amyloid facilitates the spread of toxic tau.

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Solution to century-old math problem could predict transmission of infectious diseases

An academic has achieved a milestone in statistical/mathematical physics by solving a 100-year-old physics problem -- the discrete diffusion equation in finite space.

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Researchers discover new high-pressure material and solve a periodic table puzzle

In the periodic table of elements there is one golden rule for carbon, oxygen, and other light elements. Under high pressures they have similar structures to heavier elements in the same group of elements. Only nitrogen always seemed unwilling to toe the line. However, high-pressure researchers have actually disproved this special status.

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Anesthesia's effect on consciousness solved, settling century-old scientific debate

How does general anesthesia cause loss of consciousness? Despite its 175-year-history of use by the U.S. medical system, science has been unable to definitively answer that question, until now. The lipid-based answer could open other brain mysteries.

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Solution to century-old math problem could predict transmission of infectious diseases

Trump says US terminating relationship with WHO; takes steps against China

Trump has also announced that the US will end special treatment of Hong Kong in response to Chinese imposition of new controls

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Gold price today: Rs 46,929 per 10 gm; silver at Rs 48,435 per kg

The gold price today for 24-carat gold in New Delhi is Rs 47,300 per 10 gram. Gold rate in Chennai is Rs 48,790

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Coronavirus LIVE: 260 deaths, 8000 cases in a day; India tally hits 173,491

Covid19India: The government is likely to announce details of Lockdown 5.0 today. Catch coronavirus, lockdown updates and other related stories here

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Best of BS Opinion: Basic minimum income to farmers, lockdown 4.0, and more

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

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Will set global example for economic revival: PM Modi in letter to nation

Notwithstanding the severe criticism of the package for failing to put money into people's pockets, Modi said the Rs 20-trillion package would usher in a new era of opportunities for every Indian

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New method to map cholesterol metabolism in brain

Researchers have developed new technology to monitor cholesterol in brain tissue which could uncover its relation to neurodegenerative disease and pave the way for the development of new treatments.

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Wildfires can alter Arctic watersheds for 50 years

Climate change has contributed to the increase in the number of wildfires in the Arctic and can dramatically shift stream chemistry. Researchers at the University of New Hampshire have found that some of the aftereffects, like decreased carbon and increased nitrogen, can last up to five decades and could have major implications on vital waterways like the Yenisei River and the Arctic Ocean

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New technology enables fast protein synthesis

Chemists have developed a protocol to rapidly produce protein chains up to 164 amino acids long. The flow-based technology could speed up drug development and allow scientists to design novel protein variants incorporating amino acids that don't occur naturally in cells.

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Gold mining with mercury poses health threats for miles downstream

Small-scale gold mining in the Peruvian Amazon poses a health hazard not only to the miners and communities near where mercury is used to extract gold from ore, but also to downstream communities hundreds of kilometers away where people eat mercury-contaminated river fish as part of their diet. Downstream children under 12 with the highest levels of mercury in their bodies were found to have lost IQ points and become anemic.

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Researchers identify mechanisms that make skin a protective barrier

A research team has identified one of the mechanisms that establish the skin as a protective barrier, a breakthrough that is critical to understanding and treating common skin conditions including eczema and psoriasis, according to a new study.

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Will set global example for economic revival: PM Modi in letter to nation

New technology enables fast protein synthesis

Cosmic bursts unveil universe's missing matter

Astronomers have used mysterious fast radio bursts to solve a decades-old mystery of 'missing matter', long predicted to exist in the Universe but never detected -- until now. The researchers have now found all of the missing 'normal' matter in the vast space between stars and galaxies.

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Thursday, May 28, 2020

Capegemini COO Thierry Delaporte becomes new Wipro CEO and MD

Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6

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Vodafone Idea up 15% on reports of Google eyeing 5% stake in the company

The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.

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Oil rises about 2% as higher US refinery rates offsets surprise crude build

US crude inventories rose 7.9 million barrels last week, exceeding expectations, due to a big increase in imports from Saudi Arabia, the Energy Information Administration (EIA) says

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TikTok's rating improves on Play Store as Google filters negative reviews

While the TikTok rating has improved, the app continues to face criticism for the content that appears on its platform

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Capegemini COO Thierry Delaporte becomes new Wipro CEO and MD

Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6

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Trump signs executive order to regulate social media sites amid Twitter row

The order comes two days after Twitter labelled two of Trump's tweets as potentially misleading

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Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

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

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Gold price today: Rs 46,995 per 10 gram; silver at Rs 47,905 per kg

Gold price today: The price of 22-carat gold is about Rs 45,600 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,310

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Here's a derivative strategy on Tata Motors by HDFC Securities

Long build up was seen in the Tata Motor Futures' on Thursday where we have seen 67% (Prov) rise in the Open Interest with price moving up by 2.9%.

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Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

The outperformance in Silver is because it could benefit from optimism about increased industrial demand as economies reopen following the COVID-19 pandemic

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Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

If Nifty is unable to surpass its previous swing high of 9584.5, we can expect profit booking at higher levels

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Facebook launches 'Collab' music-making app to take on TikTok: Details here

Named Collab, the app is currently available for iOS devices and requires invite to download

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PM Modi not in 'good mood' over border row with China: Donald Trump

Speaking with the reporters in the Oval Office of the White House on Thursday, Trump said a "big conflict" was going on between India and China

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MARKET LIVE: Sensex, Nifty set to open lower; RIL, Voda Idea in focus

Catch all the live market updates here

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Coronavirus LIVE: India has 165,386 cases, 5th-highest active case count

Covid 19 news: In percentage terms, the highest daily rise in cases was reported on Thursday by Meghalaya (33%), Assam (27%), Uttarakhand (17%), Manipur (13%), Himachal Pradesh & Tripura (11% each)

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India's economy may have grown at slowest in 2 years during March quarter

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago

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Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more

Here are the top 10 headlines on Friday morning

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India's economy may have grown at slowest in 2 years during March quarter

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago

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Best of BS Opinion: Diversity in boardrooms, earnings drought, and more

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

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BookMyShow to sack 270 employees to cut costs amid Covid-19 crisis

The employees being sent on furloughs or leave (without pay) will be eligible for all medical insurance, gratuity and other benefits as per their employment standards.

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Key components of proteins are twisted to boost reactions useful to medicine

In proteins, amino acids are held together by amide bonds. These bonds are long-lived and are robust against changes in temperature, acidity or alkalinity. Certain medicines make use of reactions involving amide bonds, but the bonds are so strong they actually slow down reactions, impeding the effectiveness of the medicines. Researchers devised a way to modify amide bonds with a twist to their chemical structure that speeds up reactions by 14 times.

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Key components of proteins are twisted to boost reactions useful to medicine

Cairn initiates arbitration against $520 mn govt demand over discrepancies

A source said based on the PSC, the seat of arbitration is likely to be London, while both the parties can have the option of deciding the seat later

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Wednesday, May 27, 2020

Google Pay expands 'Nearby Stores' feature to 35 cities in India: Know more

Nearby Stores spot on Google Pay helps users see which stores, providing essential goods, are open in their vicinity

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Stocks to watch: Sun Pharma, TVS Motor, SBI, Lupin, USL, Adani Power, Ceat

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

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Google Pay expands 'Nearby Stores' feature to 35 cities in India: Know more

Nearby Stores spot on Google Pay helps users see which stores, providing essential goods, are open in their vicinity

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Mobile phone makers seek wage compensation, free Covid-19 tests for workers

The ICEA has written a letter to Labour Minister Santosh Kumar Gangwar requesting him to facilitate wage compensation under the sickness benefit

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After smartphones, Samsung consumer electronics are now available at Benow

Strengthening its online to offline (O2O) strategy to push sales amid the coronavirus pandemic, Samsung has expanded its partnership with Benow to sell its consumer electronics

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Singtel's annual profit plunges 65%, takes $1.3 bn-hit on Airtel snag

The company almost halved its final dividend to 5.45 Singapore cents a share, down from 10.7 cents announced last year

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Mobile phone makers seek wage compensation, free Covid-19 tests for workers

The ICEA has written a letter to Labour Minister Santosh Kumar Gangwar requesting him to facilitate wage compensation under the sickness benefit

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After smartphones, Samsung consumer electronics are now available at Benow

Here's why Gaurav Garg of CapitalVia is bullish on the HDFC twins

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

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Gold price today: Rs 46,290 per 10 gm; silver at Rs 47,000 per kg

The gold price today for 24-carat gold in New Delhi is Rs 47,810 per 10 gram

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MARKET LIVE: Sensex, Nifty likely to open higher ahead of F&O expiry

Catch all the live market updates here

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MARKET LIVE: Sensex, Nifty likely to open higher ahead of F&O expiry

Catch all the live market updates here

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Coronavirus LIVE: With 7,260 cases in a day, India tally jumps to 158,086

Covid 19 tracker: In percentage terms, the highest daily increase in total cases on Wednesday was reported by Nagaland (33%), Chhattisgarh (24%), Assam (17%), Uttarakhand (15%), and Jharkhand (13%)

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Best of BS Opinion: Chinese exceptionalism, migrant labourers, and more

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

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Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

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India may need to pump Rs 1.5 trn into coronavirus-hit state banks: Report

"The situation is very grim," the source said, adding that banks would require fresh funds soon

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Top 10 biz headlines: Boeing cuts 12,000 jobs, SBI slashes FD rate and more

Here are the top 10 headlines on Thursday morning

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New understanding of RNA movements can be used to treat cancer

New research shows that an RNA molecule involved in preventing tumor formation can change its structure and thereby control protein production in the cell. The finding can have important clinical implications as it opens for new strategies to treat different types of cancer.

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New linguistic findings on the prevalence of 'LOL'

A new study involving a scientific analysis of the prevalence of 'LOL' in students' text messages demonstrates important potential applications for classroom learning.

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A bio-inspired addition to concrete stops the damage caused by freezing and thawing

Concrete is one of the most durable building materials used in modern-day infrastructures, but it has a weakness -- ice -- which can cause it to crumble. Now, inspired by organisms that survive in sub-zero environments, researchers are introducing polymer molecules with anti-freezing abilities into concrete.

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Physicists measure a short-lived radioactive molecule for first time

Researchers have combined the power of a super collider with techniques of laser spectroscopy to precisely measure a short-lived radioactive molecule, radium monofluoride, for the first time.

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Tuning the surface gives variations to metal foils

Researchers reported how to give variations to single crystalline metal foils. Via the oxidation-led annealing plus seeded growth strategy, they obtained over 30 types of copper foils the size of A4 paper, which is roughly the same size as US legal paper.

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Under pressure, black holes feast

A new study shows that some supermassive black holes actually thrive under pressure. It has been known for some time that when distant galaxies -- and the supermassive black holes within their cores -- aggregate into clusters, these clusters create a volatile, highly pressurized environment. Individual galaxies falling into clusters are often deformed during the process and begin to resemble cosmic jellyfish.

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Tuesday, May 26, 2020

More liquidity needed, states should come forward with Rs 20 trn: Gadkari

Efforts are on to develop vaccine for the coronavirus, Gadkari said, adding "we will have to learn the art of living with coronavirus"

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Heatwave scorches north India; Delhi records hottest day in May in 18 years

In New Delhi, Palam area recorded 47.6-degree Celsius, six notches above the normal, followed by Aya Nagar, Safdarjung and Lodhi Road

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Coronavirus LIVE updates: India cases rise to 151,767; death toll at 4,344

Coronavirus India update: Maharashtra, Tamil Nadu, Gujarat, Delhi are among the worst-hit states. Track LIVE updates on Covid-19 cases and corona vaccine

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Stocks to watch: Deepak Nitrite, RIL, Sun Pharma, Titan, Tata Motors, Dabur

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

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Gold prices fall again to Rs 46,799 per 10 gm; silver at Rs 48,000 per kg

The gold jewellery prices vary across India - the second largest consumer of the metal - due to excise duty, state taxes and making charges

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Nifty view and stock picks by HDFC Securities: Buy JK Cement, Dixon Tech

The stock of JK Cement has given bullish "Flag" pattern breakout on the daily charts

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MARKET LIVE: SGX Nifty indicates a mildly positive opening for indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty indicates a mildly positive opening for indices

Catch all the live market updates here

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Share sales in listed firms at record high of $4.4 billion this month

Companies and shareholders across Asia have been taking advantage of a market rebound since late March to sell shares

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Top 10 biz headlines: Recession, Nasdaq listing for Jio Platforms, and more

Here are the top 10 business headlines on Wednesday morning

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Best of BS Opinion: India-China relations, the Covid curve, and more

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

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Migrant crisis: Lapses on part of Centre and states, says Supreme Court

The top court issued notices to the Centre, the states and Union territories and sought their replies by May 28.

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Nokia shuts Tamil Nadu plant after 42 employees test positive for Covid-19

Nokia did not disclose how many workers at the Sriperumbudur plant tested positive, but a source familiar with the matter said they were at least 42.

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Railways sending trains without prior intimation, alleges Kerala CM

His comments came after Union Minister of Railways and Commerce Piyush Goyal criticised the state for denying approval to a train from Mumbai to Kerala.

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Govt open sources Aarogya Setu, announces bounty for finding security flaws

Launches bug bounty plan to test its security effectiveness

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Beware of false negatives in diagnostic testing of COVID-19

Researchers have found that the chance of a false negative result -- when a virus is not detected in a person who actually is, or recently has been, infected -- is greater than 1 in 5 and, at times, far higher.

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Countering COVID-19 impacts on children from low-income households

The COVID-19 pandemic has magnified the social, educational and health care disparities already plaguing the nearly 40 million Americans the US Census Bureau estimates are living in poverty. Perhaps the hardest hit members of that population, say pediatricians, are children from low-income households.

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New drug combination being tested to conquer COVID-19

Researchers hope giving Remdesivir along with a powerful anti-inflammatory could be the key to treating the most severe COVID-19 cases.

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Can interactive technology ease urban traffic jams?

Traffic congestion is a serious problem in the United States, but a new analysis shows that interactive technology -- ranging from 511 traffic information systems and roadside cameras to traffic apps -- is helping in cities that use it.

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Astronomers discover new class of cosmic explosions

Analysis of two cosmic explosions indicates to astronomers that the pair, along with a puzzling blast from 2018, constitute a new type of event, with similarities to some supernovae and gamma-ray bursts, but also with significant differences.

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Increased fertility for women with Neanderthal gene, study suggests

One in three women in Europe inherited the receptor for progesterone from Neanderthals -- a gene variant associated with increased fertility, fewer bleedings during early pregnancy and fewer miscarriages, according to new research.

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Migration patterns reveal an 'Eden' for ancient humans and animals

Researchers have discovered a new migration pattern (or lack of) at Pinnacle Point, a now-submerged region in South Africa. While it was first believed large omnivores would travel to follow the growth of vegetation to survive, researchers came to a completely new conclusion through studying antelope teeth. They discovered that this region was an 'Eden' to all living species that called it home, including the earliest humans.

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Tropical forests can handle the heat, up to a point

Tropical forests face an uncertain future under climate change, but new research suggests they can continue to store large amounts of carbon in a warmer world, if countries limit greenhouse gas emissions.

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Apple to add light sensors in next AirPods to monitor health data

Apple has tasked supplier ASE Technology to manufacture ambient light sensors which could be used to monitor step count, head movement and interpret heart rate

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JSPL's Q4 consolidated profit at Rs 306 cr, cuts net debt by Rs 4,379 cr

The gross revenue totalled Rs 9,674 crore in Q4 FY20 while the net revenue was Rs 8,836 crore

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Metal stocks shine amid strong global cues; JSPL, JSW Steel jump up to 10%

On the earnings front, Jindal Steel and Power (JSPL) on Monday reported a consolidated net profit of Rs 305.62 crore during the quarter ended March 31, 2020.

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India's first quarter GDP growth likely to be weakest since 2012: Poll

The poll of 52 economists, taken May 20-25, indicated India's economy grew at 2.1 per cent in the March quarter from a year ago, its weakest.

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GMM Pfaudler dips 14% on profit booking post March quarter results

The stock had rallied 95 per cent in the past two months

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Monday, May 25, 2020

India's first quarter GDP growth likely to be weakest since 2012: Poll

The poll of 52 economists, taken May 20-25, indicated India's economy grew at 2.1 per cent in the March quarter from a year ago, its weakest.

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HDFC advances over 3% as Q4 earnings beat Street expectations

The mortage lender on Monday reported a 22 per cent decline in net profit at Rs 2,233 crore in the fourth quarter, compared to Rs 2,862 crore in the year-ago period.

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ITC shares surge 5% as Co to acquire spice major Sunrise Foods for Rs 2K cr

The proposed acquisition is aligned with ITC's strategy to rapidly scale up its FMCG businesses in a profitable manner, the company said.

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Bayer CropScience surges 10% on strong Q4 results; stock nears record high

The stock is trading close to its all-time high level of Rs 5,050, hit in intra-day deal on the BSE on June 2, 2017

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Covid-19 crisis: Thackeray, Piyush Goyal fight it out over migrant trains

Piyush Goyal in his tweets demanded list of passengers from the Maharashtra government on the basis of the guidelines by the Ministry of Home Affairs

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Bharti Airtel slips 5% after promoters sell 2.75% stake via block deals

At 09:15 am; around 155.71 million equity shares representing 2.85 per cent of total equity of Bharti Airtel changed hands on the BSE, the exchange data show.

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Avenue Supermarts declines 5% as Q4 EBITDA margin contracts 68 bps YoY

Analysts at Prabhudas Lilladhar believe D-Mart has higher weakness risk in 1HFY21 given that Covid-19 sensitive clusters of Maharashtra, Gujarat and Telangana constitute 63 per cent of total stores

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Stocks to watch: Avenue Supermarts, Bharti Airtel, IDFC First Bk, HDFC, ITC

Here's a look at the stocks that may trade actively in today's trading session

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Govt exploring new lending institutions to help small-scale units: Gadkari

Nitin Gadkari requested all the stakeholders to work in tandem and urged the industry to maintain a positive attitude to tide over this crisis

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Nifty's major support at 9,000 for weekly expiry: Gaurav Garg of CapitalVia

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

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Banking counters holding Nifty back: Sameet Chavan of Angel Broking

From the high touched on April 30, the Nifty has not even retraced 50 per cent but the Bank Nifty has corrected slightly over 78 per cent.

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MARKET LIVE: Indices set to open higher; watch out for HDFC, Bharti Airtel

Catch all the live market updates here

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MARKET LIVE: Indices set to open higher; watch out for HDFC, Bharti Airtel

Catch all the live market updates here

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Coronavirus LIVE: India cases rise to 144,950; global tally at 5,586,715

Coronavirus update: Maharashtra, Tamil Nadu, Gujarat, Delhi are among the worst-hit states. Himachal Pradesh has extended lockdown till June 30. Track LIVE updates on Covid-19 cases, corona vaccine

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Uber trims a quarter of its India workforce, lays off 600 employees

The move is part of a global restructuring plan announced earlier by Uber CEO Dara Khosrowshahi in view of dwindling fortunes amid Covid-19 lockdowns in several countries, including India

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Uber trims a quarter of its India workforce, lays off 600 employees

Best of BS Opinion: Unemployment rate at 24.3%, confusion in air, and more

Business Standard opinion pieces for the day talk about various aspects of the Covid crisis

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Top biz headlines: ATMs to become virtual bank branches, Airtel deal & more

Here are the top 10 headlines on Tuesday morning

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Flight resumption paves way for Parliamentary committee meetings in June

Monsoon session of Parliament likely to be on schedule, though social distancing challenges remain

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Rajasthan govt withdraws order increasing daily working limit to 12 hours

Congress-ruled Rajasthan was the first state to increase the working hour limit to 12 hours from 8 hours through an order issued on April 11

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40% tourism firms staring at complete shutdown risk in next 6 mnths: Report

The report said that 81 per cent travel and tourism companies have lost their revenue up to 100 per cent

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Flight resumption paves way for Parliamentary committee meetings in June

Monsoon session of Parliament likely to be on schedule, though social distancing challenges remain

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Rajasthan govt withdraws order increasing daily working limit to 12 hours

Congress-ruled Rajasthan was the first state to increase the working hour limit to 12 hours from 8 hours through an order issued on April 11

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SC allows AI to run international flights with middle seats filled for 10 days

The SC said that the state-run carrier shall be allowed to operate the non-scheduled flights with the centre sets booking for 10 days

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80 flights cancelled at Delhi airport; airlines follow Covid-19 guidelines

The flight schedule was made for all airports including West Bengal, Maharashtra and Chennai

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SC allows Air India to operate for 10 days with middle seats filled up

The SC said that the state-run carrier shall be allowed to operate the non-scheduled flights with the centre sets booking for 10 days

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Jet Airways offers two Boeing aircraft to assist Vande Bharat Mission

Thecarrier is undergoing the insolvency process and its affairs are being managed by insolvency resolution professional Ashish Chhawchharia

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Nissan, Renault to disclose plan to slash production due to Covid shutdowns

The moves are set to undo the growth strategy pushed earlier by Carlos Ghosn, former leader of both companies, to sell around 14 million cars by 2022

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Crisis-hit IL&FS plans to divest its 26% stake in OTPC, invites bidding

In terms of eligibility for bidding, corporate bodies should have a minimum net worth of Rs 150 crore as per the audited balance sheet as of March 31, 2019 or later

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Fitch downgrades JSW Steel, Tata Steel to BB- from BB; outlook negative

The Indian Steel Association has forecast an 8 per cent drop in domestic demand in FY21

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ILO reaches out to PM Modi over labour law changes in various states

The ILO has acted upon a complaint by ten central trade unions earlier this month, objecting to the ordinances proposed to temporarily scrap the labour laws

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Sunday, May 24, 2020

Facebook brings in new Messenger feature to protect minors from scams

Facebook started rolling this feature out on Android in March and would bring this to more people around the world on iOS this week

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States need to ask for permission if they want UP workers back: Adityanath

As per feedback received from migrant workers who reached Uttar Pradesh, Adityanath said safeguarding their rights should get utmost attention and importance

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Delhi govt asks departments not to issue global tenders up to Rs 200 cr

In an order, the Delhi Finance Department forwarded the Central government's amendment for "information and necessary action"

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Hockey icon, three-time Olympic gold medalist, Balbir Singh Sr. passes away

One of the country's greatest athletes, Balbir Sr was the only Indian among 16 legends chosen by the International Olympic Committee across modern Olympic history

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Covid-19 and governance: End the political lockdown and summon Parliament

It would be a great disservice to Indian democracy if the peoples' representatives failed to advise the government during this crisis

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Top 10 biz headlines: Slowdown blues, coronavirus lockdown impact, and more

Here are the top 10 headlines on Monday morning

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Domestic air travel, international arrivals: Check guideline details here

The guidelines include installing the Aarogya Setu app on the passenger's mobile devices, mandatory thermal check-ups at the entry and exit points of all the airports

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Coronavirus LIVE: With 138,536 cases, India now 10th-most-affected nation

Coronavirus update: India has overtaken Iran to become 10th worst affected country. Globally, there are 5,497,650 Covid-19 cases. Stay tuned with Business Standard for LIVE updates on Covid-19 cases

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Best of BS Opinion: Looking beyond the rate cut, economic package, and more

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

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$717-mn loan case: China banks will have to move Indian courts against ADAG

Anil Ambani, chairman of the ADA group, can challenge the order by the Commercial Division of the High Court of England

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Global cues, earnings, Covid updates to set market trend next week: Experts

Markets will be closed on Monday for 'Id-Ul-Fitr'

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HDFC to report Q4 nos on Monday; here's what leading brokerages expect

Analysts see the net profit declining anywhere between 30 per cent and 70 per cent year-on-year (YoY) coupled with elevated asset quality concerns during the period under review

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HDFC to report Q4 nos on Monday; here's what leading brokerages expect

Reforms do not mean complete abolition of labour laws: Rajiv Kumar

According to Kumar, the objective of the Rs 20-trillion economic stimulus package announced by the government was to revive aggregate demand and not just consumer demand

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Vande Bharat mission: Second flight with 132 Indians reaches Gaya from Oman

First repatriation flight from Muscat, Oman, under Vande Bharat Mission of the second phase, landed at Cochin International Airport on Saturday with 177 passengers

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Reforms do not mean complete abolition of labour laws: Rajiv Kumar

According to Kumar, the objective of the Rs 20 trillion-economic stimulus package announced by the government was to revive aggregate demand and not just consumer demand

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India needs to improve contract enforcement, upgrade infra: Experts

The private sector, experts say, can play a vital role in helping the government create an enabling ecosystem to attract investments from abroad

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Decide on floor price for tariffs to ensure sustainability: Telcos to Trai

COAI, whose members include Bharti Airtel, Vodafone Idea and Reliance Jio, has written to Trai seeking an open house discussion on the issue "at the earliest"

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Delhi to operate 380 flights as India resumes domestic aviation from Monday

Domestic flight operations will resume after remaining suspended for about two months following the nationwide lockdown imposed to contain the Covid-19 pandemic

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India may register recession in Q3 of this fiscal over Covid-19: Report

The country's economic recovery will depend on the efficacy and duration of implementation of the government's stimulus package, it adds

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Reliance estimates $200-400 mn liability in KG-D6 cost recovery dispute

Natural gas output from Dhirubhai-1 and 3 gas fields in the KG-D6 block in the Bay of Bengal started to lag company projections from the second year of production itself in 2010

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India may register recession in Q3 of this fiscal over Covid-19: Report

The country's economic recovery will depend on the efficacy and duration of implementation of the government's stimulus package, it adds

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FPIs invest Rs 9k cr in May so far on attractive valuations, HUL block deal

The inflow comes following a net withdrawal of Rs 6,883 crore in April and Rs 61,973 crore in March on fears of a coronavirus-induced global recession

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Saturday, May 23, 2020

Reliance estimates $200-400 mn liability in KG-D6 cost recovery dispute

China brings in more troops into Ladakh, India keeps aggressive posture

Military sources said the Indian Army has also been matching up to the Chinese build-up in both Pangong Tso lake and Galwan Valley

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Xiaomi Redmi Smart TV X-series to feature MEMC technology: Details here

MEMC is a frame interpolation technology that artificially adds additional frames between original frames, bringing the content with conventional 24 or 30 frames per second to around 60 frames per sec

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Coronavirus LIVE: Indore cases cross 3,000-mark; India tally 131,423

Coronavirus live updates: Globally, over 5,400,000 people infected by coronavirus so far. India's total number of Covid 19 cases is 131,423. Stay tuned with Business Standard for updates on Covid-19

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Railways draws plan to transport 4.6 million migrants in 10 days

As many as 3.6 million people taken to their homes in inter-state Shramik Special trains

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Coronavirus LIVE: Indore cases cross 3,000-mark; India tally 131,423

Employee at Maruti Suzuki's Manesar plant tests positive for Covid-19

The company is also looking at "a possibility of a second case" of infection at the facility but has ruled out any impact on the business part due to the situation.

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China reports zero coronavirus cases on 22 May for the first time

However, there were two new suspected cases: an imported one in Shanghai and locally transmitted case in the northeastern province of Jilin.

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WB asks Railways not to send Shramik Special trains to state till May 26

West Bengal has received the least number of Shramik Special trains since such service began to ferry migrant labourers back home amid the coronavirus-forced lockdown.

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After devastation from cyclone Amphan, Army deployed in West Bengal

The extended lockdown has made restoration work an uphill task, the biggest impediment being manpower shortage

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Better off than most competitors during Covid crisis: Jindal Aluminium MD

In a Q&A, Pragun Jindal Khaitan says his firm has a well-diversified product mix, so if there is a loss in demand in one sector, it makes up by pushing innovation and new products in another

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Franklin MF sees Rs 616 cr default from Essel Infra in four schemes

Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value.

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Covid exposes 73 yrs of under-investment in Indian healthcare: Bali of AHH

In a Q&A, Vishal Bali, Chairman, Asia Healthcare Holdings says lockdown has reduced occupancy in private institutions from a pre-Covid 75% level to 45%, translating into a revenue drop of 50-70%

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Franklin MF sees Rs 616 cr default from Essel Infra in four schemes

Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value.

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British companies to pay 20-30% of furloughed employees' wages: Report

The United Kingdom extended its job retention scheme - the centrepiece of its attempts to cushion the coronavirus hit to the economy - by four months on May 12

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97 dead, 2 survived in PIA air crash in Karachi, says Pakistan Army

Pakistan has set up a four-member board of inquiry to know the cause of the crash.

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Do not send any train to Bengal till May 26: State Chief Secy to Railways

The state said it won't be able to receive the special trains for the next few days due to cyclone Amphan

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Samsung India ties up with Facebook to train offline retailers go digital

The two companies have already trained more than 800 offline retailers and more training sessions are lined up in the coming weeks

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Indians may gain as senators push H1-B law favouring US-educated foreigners

India accounts for the second largest number of foreign students in the US after China. There are more than 200,000 Indian students in the US.

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ICMR's new advisory expands use of HCQ but cautions against false security

According to the revised advisory, the report of an in-vitro testing of HCQ for antiviral efficacy showed reduction of infectivity and log reduction in viral RNA copy of SARs-CoV2

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WhatsApp beta adds QR code scanning to let users add contacts easily

Android beta users will be able to find their own custom QR codes in the settings section of the app on the top right side in front of the name

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Hackers leak personal data of 29 million Indians on dark web for free

Folders in the name of some of the leading job websites in India also appeared on the screenshot posted by Cyble

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Economists, activists suggest Mission Jai Hind to deal with Covid-19 crisis

The economists and activists said that first of all migrants should be sent back to their native place in the next 10 days without taking any charge from them

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Friday, May 22, 2020

Hackers leak personal data of 29 million Indians on dark web for free

Folders in the name of some of the leading job websites in India also appeared on the screenshot posted by Cyble

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Debt and coronavirus push Hertz into bankruptcy protection

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business. The Estero, Florida-based company's lenders ...

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Ending quarantine for healthcare workers a 'non-scientific approach': AIIMS

Shortening quarantine duration and denying healthcare workers testing on day 5-7 after duty will be a deadly combination, may derail India's battle against pandemic, say AIIMS resident doctors

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RBI fortifies war-room with more manpower as coronavirus pandemic rages on

The central bank, which handles billions of transactions, is served by around 14,000 employees across its main office and 31 regional offices

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Richer in pandemic: Bezos, Musk among US billionaires whose net worth rose

The wealth surge of America's richest men happened during a period marred by the coronavirus crisis, when as many as 22 million Americans filed for unemployment benefits

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RBI fortifies war-room with more manpower as coronavirus pandemic rages on

The central bank, which handles billions of transactions, is served by around 14,000 employees across its main office and 31 regional offices

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Coronavirus LIVE: India cases rise to 124,794; global tally past 5.3 mn

Coronavirus updates: Globally, 5,303,992 people have been infected by coronavirus so far. India's total number of Covid 19 cases is 124,794. Stay tuned with Business Standard for updates on Covid-19

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Cyber criminals leak personal data of 2.9 cr Indians on dark web for free

Cyber criminals have posted personal data of 2.9 crore job-seeking Indians on dark web for free in one of the hacking forums, according to online intelligence firm Cyble. The company had recently revealed hacking of Facebook and Sequoia-funded ...

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Best of BS Opinion: The PM-CM-DM structure, trade liberalisation, and more

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

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At least 82 dead as Pakistan plane crashes in residential area in Karachi

At least 82 people were killed when a Pakistan International Airlines plane with 99 people on board crashed into a densely populated residential area near the Jinnah International Airport here on Friday, officials said, nearly a week after the ...

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Thursday, May 21, 2020

RBI says India GDP will contract in FY21, cuts repo rate by 40 bps to 4%

RBI extends the moratorium on loan repayments by three more months

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RBI says India GDP will contract in FY21, cuts repo rate by 40 bps to 4%

RBI extends the moratorium on loan repayments by three more months

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Bandhan Bank slips 6% on business update post Cyclone Amphan

The bank said Cyclone Amphan is likely to impact business worth Rs 260 crore.

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IFC plans to invest $10 million each in Endiya Partners, Onsitego

In Endiya Partners Fund II, the World Bank's investment arm will invest an equity investment of upto $10 million.

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Samsung partners Facebook to help retailers use social media for business

The training helps offline retailers establish their business pages and accounts on Facebook and Instagram

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IFC plans to invest $10 million each in Endiya Partners, Onsitego

In Endiya Partners Fund II, the World Bank's investment arm will invest an equity investment of upto $10 million.

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China engaged in provocative, coercive activities with India: US report

"As China has grown in strength, so has the willingness and capacity of the Chinese Communist Party to employ intimidation and coercion, " the report stated.

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Stocks to watch: RIL, IDFC First Bank, VST Ind, Bajaj Holdings, NIIT Tech

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

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Huami to launch Amazfit Bip S smart fitness wearable on June 3: Know more

The Amazfit Bip S debuted at the Consumer Electronics Show 2020, alongside Amazfit T-Rex smartwatch, PowerBuds and ZenBuds wireless earbuds

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Realme Narzo 10A goes on sale at 12 noon on Flipkart, Realme: Price, specs

The Realme Narzo 10A will be available in sole 3GB RAM + 32GB internal storage variant, priced at Rs 8,499

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Here's a derivative strategy on Glenmark Pharma by HDFC Securities

Long build-up was seen in the Glenmark Futures yesterday

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Major resistance for Nifty is placed at around 9,300 levels: Nilesh Jain

The momentum indicator RSI is making a lower top and lower bottom formation which shows that Nifty is losing the strength

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MARKET LIVE: RBI press meet at 10 AM today; RIL in focus post Jio-KKR deal

Catch all the live market updates here

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MARKET LIVE: RBI press meet at 10 AM today; RIL in focus post Jio-KKR deal

Catch all the live market updates here

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In Jio's 5th big deal in a month, KKR picks up 2.32% stake for Rs 11,367 cr

Total Rs 78,562 crore invested in recent weeks that value Jio Platforms for an equity value of Rs 4.91 trillion and an enterprise value of Rs 5.16 trillion

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In Jio's 5th big deal in a month, KKR picks up 2.32% stake for Rs 11,367 cr

Aditya Birla Sun Life MF stops fresh flows in two credit-oriented schemes

Apart from fresh subscriptions, switch-in applications, fresh registration of systematic plans have also been stopped in the schemes till further notice

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Top biz headlines: Airfare capping, Rajan's 'catastrophe' warning and more

Here are the top 10 headlines of the day

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In Jio's 5th big deal in a month, KKR picks up 2.32% stake for Rs 11,367 cr

Total Rs 78,562 crore invested in recent weeks that value Jio Platforms for an equity value of Rs 4.91 trillion and an enterprise value of Rs 5.16 trillion

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Coronavirus LIVE: Virus came from China, won't take it lightly, says Trump

Coronavirus latest news: According to a former director-general of ICMR, coronavirus vaccine would be ready by Jan 2021. Stay tuned with Business Standard for updates on Covid-19 cases

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'The end of Hong Kong'? China's new plan for the region has Trump fuming

China's action could spark fresh protests in Hong Kong, which enjoys many freedoms not allowed on the mainland

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Best of BS Opinion: Covid-19 outbreak, stimulus package, and more

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

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Preventing 'cytokine storm' may ease severe COVID-19 symptoms

A clinical trial in people with the new coronavirus is testing a drug that may halt an overactive immune response before it ramps up.

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Wednesday, May 20, 2020

Aviation stocks gain up to 10% as domestic flight ops to resume from May 25

InterGlobe Aviation, which operates its flights under the IndiGo brand, rallied 10% to Rs 1,002, while SpiceJet was locked in the upper circuit of 5% at Rs 42.95 on the BSE.

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India needs to open up market to attract investment: US diplomat

Opportunity for India by adopting more open and welcoming policies by reducing tariffs that allow manufacturing companies inside India to be part of the global supply chain, says Alice Wells

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Soon, Twitter might let you choose who replies to your tweets: Details here

The feature is currently being tested only with a limited group of people globally on Twitter for iOS, Android, and twitter.com

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Stocks to watch: Colgate, JSW Energy, Bajaj Auto, Indiabulls Grp, RIL, HZL

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

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WHO reports biggest single-day jump in Covid cases; over 100,000 infected

The global tally of cases is nearing five million, with more than 324,000 deaths, according to figures collected by Johns Hopkins University's Coronavirus Resource Centre

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Collect nasal samples for Covid test before moving bodies to mortuary: ICMR

The body must be identified through the plastic bag, without opening the bag, and it must be done in the presence of law enforcing agencies

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Collect nasal samples for Covid test before moving bodies to mortuary: ICMR

The body must be identified through the plastic bag, without opening the bag, and it must be done in the presence of law enforcing agencies

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Google Chrome gets a new update; here's why you should get it immediately

Google Chrome update includes new setting controls, safety check feature, enhanced incognito mode, a redesigned location for Chrome extensions, and upgraded default security protocols for the browser

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Lufthansa in advanced talks for state rescue deal worth about $10 billion

The deal includes state taking a 20% stake in the company

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Strength in Nifty only above 9,300 levels: Gaurav Garg of CapitalVia

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

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MARKET LIVE: Indices set to open flat; Bajaj Auto, aviation stocks in focus

Catch all the live market updates here

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MARKET LIVE: Indices set to open flat; Bajaj Auto, aviation stocks in focus

Catch all the live market updates here

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Cyclone Amphan LIVE: This is bigger disaster than coronavirus, says Mamata

Cyclone Amphan update: Stay tuned with Business Standard on cyclone Amphan landfall, cyclone alert, weather update and more

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Coronavirus LIVE: India cases rise to 112,028; global tally at 5,085,066

Coronavirus LIVE updates: Maharashtra cases at 37,158, Delhi 10,554, Tamil Nadu 12,448. Stay tuned with Business Standard for updates on Covid-19 cases and death toll across the world

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Hit by Covid-19, JSW Steel seeks time to pay for Bhushan Power purchase

As steel prices crash, firm facing winner's curse with Rs 19,700-cr acquisition

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Top 10 biz headlines: Domestic flights to resume, Ola cuts jobs and more

Here are the top 10 headlines on Thursday morning

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Apple, Google release coronavirus tracking tools for iOS, Android devices

The companies said 22 countries and several US states are already planning to build voluntary phone apps using their software

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Why Trump's plan to put restrictions on H-1B visa may not help US workers

Research suggests that, if anything, being in a field with more H-1B visa-holders makes it more likely that US-born young college graduates work in a job closely related to their college major

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Best of BS Opinion: When perception is reality, Covid-19 crisis, and more

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

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Voda Idea clubs 22 telecom circles into 10 clusters; move may hit jobs

"...... In the past also, we have seen that over time, it is possible to accommodate most of the people against natural voluntary attrition that keeps happening," Voda said downplaying likely job cuts

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RIL's 'rights entitlement' sees massive demand in secondary market

Investors paid as much as Rs 212 to trade their 'rights entitlement' for an attractive price

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Only 6.39% Covid-19 cases needed hospital support; recovery rate now at 40%

Total count at 1,06,750, of which 61,149 are active. Some 6.9% of those under treatment are critical; death toll at 3,303

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How cosmic rays may have shaped life

Physicists propose that the influence of cosmic rays on early life may explain nature's preference for a uniform 'handedness' among biology's critical molecules.

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Tuesday, May 19, 2020

Financial firms' clout wanes after coronavirus-triggered market fall

During the start of the year, private banks alone accounted for a fourth of the index weight

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Covid-19 crisis: Warren Buffett cuts crisis-era bet on Goldman Sachs

Berkshire Hathaway sold 84 per cent of its Goldman Sachs stock in the first quarter, marking a reversal for an investor who generally holds large stakes in the banking sector.

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Algorithmic autos

Connected and automated vehicles use technology such as sensors, cameras and advanced control algorithms to adjust their operation to changing conditions with little or no input from drivers. A research group optimized vehicle dynamics and powertrain operation using connectivity and automation, while developing and testing a control framework that reduced travel time and energy use in a connected and automated vehicle.

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When a spinning toy meets hydrodynamics: Point-of-care technology is set in motion

A research team has reported a diagnostic 'fidget spinner' (Dx-FS) that allows for highly sensitive and rapid diagnosis and prescription only with hand power.

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Comedy club performances provide insights on how robots, humans connect via humor

A robot comic is more funny when it has good timing.

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Pretty as a peacock: The gemstone for the next generation of smart sensors

Scientists have taken inspiration from the biomimicry of butterfly wings and peacock feathers to develop an innovative opal-like material that could be the cornerstone of next generation smart sensors.

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Top 10 biz headlines: FM interview on stimulus, RIL rights issue and more

Here are the top 10 headlines on Wednesday morning

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Subcellular chatter regulates longevity

As people get older, they often feel less energetic, mobile or active. This may be due in part to a decline in mitochondria, the tiny powerhouses inside of our cells, which provide energy and regulate metabolism. In fact, mitochondria decline with age not only in humans, but in many species. Why they do so is not well understood. Scientists set out to understand how mitochondrial function is diminished with age and to find factors that prevent this process. They found that communication between mitochondria and other parts of the cell plays a key role.

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Coronavirus LIVE: India cases rise to 106,468; global tally nears 5 million

Coronavirus LIVE updates: Maharashtra cases at 37,158, Delhi 10,554, Tamil Nadu 11,760. Stay tuned with Business Standard for updates on Covid-19 cases and death toll across the world

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Comedy club performances provide insights on how robots, humans connect via humor

A robot comic is more funny when it has good timing.

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How to improve the pneumococcus vaccine

Pneumococcus kills 1 million children annually according to the World Health Organization. The key to the pathogen's virulence is its thick sugar capsule, which is also the active ingredient in vaccines. Different strains have different capsules. Researchers just identified a new capsule for the pneumococcus -- the 100th to be found after more than a century of research on the pathogen.

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Dairy-rich diet linked to lower risks of diabetes and high blood pressure

Eating at least two daily servings of dairy is linked to lower risks of diabetes and high blood pressure, as well as the cluster of factors that heighten cardiovascular disease risk (metabolic syndrome), finds a large international study.

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Location, location, location: The cell membrane facilitates RAS protein interactions

Many cancer medications fail to effectively target the most commonly mutated cancer genes in humans, called RAS. Now, scientists have uncovered details into how normal RAS interacts with mutated RAS and other proteins in living cells for the first time. The findings could aid in the development of better RAS-targeted cancer therapeutics.

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Cavity-causing bacteria assemble an army of protective microbes on human teeth

It's not just the presence of bacteria that can lead to disease; their spatial arrangement also matters. When scientists examined the bacteria that causes tooth decay, they found it 'shields' itself under blankets of sugars and other bacteria in a crown-like arrangement, helping it evade antimicrobials and concentrate its tooth-damaging acids.

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How experiencing traumatic stress leads to aggression

Traumatic stress can cause aggression by strengthening two brain pathways involved in emotion, according to new research. Targeting those pathways via deep brain stimulation may stymie aggression associated with post-traumatic stress disorder.

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The brain's facial recognition area doesn't differentiate outgroup members

A quirk in how the brain processes faces makes it harder to tell members of a racial outgroup apart, according to new research.

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A spreadable interlayer could make solid state batteries more stable

Solid state batteries are of great interest to the electric vehicle industry. Scientists now present a new way of bringing this promising concept closer to application. An interlayer, made of a spreadable, 'butter-like' material helps improve the current density tenfold, while also increasing performance and safety.

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Scientists use pressure to make liquid magnetism breakthrough

Scientists have forced a solid magnetic metal into a spin liquid state, which may lead to insights into superconductivity and quantum computing.

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Stretch and flow: Research sheds light on unusual properties of well-known materials

Researchers have taken a close look at the flow of materials that have both liquid-like and solid-like states, such as toothpaste, mayonnaise, and ketchup, using both simulations and experiments.

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Best of BS Opinion: Fiscal math of imponderables, power reforms, and more

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

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Congress calls opposition meet on migrants' plight, changes in labour laws

So far, 17 parties have agreed to take part in the meeting via video-conferencing, but the SP and the BSP are yet to confirm their attendance.

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Centre issues new guidelines for transportation of migrants between states

While issuing the revised SOP, Union Home Secretary Ajay Bhalla said for running 'Shramik' special trains, permission will be given by the Ministry of Railways in consultation with the MHA

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Early visual experience drives precise alignment of cortical networks for binocular vision

Researchers identify three distinct cortical representations that develop independent of visual experience but undergo experience-dependent reshaping, an essential part of cortical network alignment and maturation.

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Monday, May 18, 2020

Economic package won't fully offset negative impact of Covid-19: Moody's

While these measures will help ease asset risks for the financial sector, they will not fully offset the negative impact from the coronavirus outbreak, Moody's said

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ABB India declines for fourth straight day on weak March quarter results

The stock of the heavy equipment company was trading at its 52-week low level.

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ONGC, Oil India, Petronet LNG jump up to 7% amid steady rise in oil prices

Oil prices jumped on Monday to their highest in over two months.

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Maruti Suzuki gains 3% as it sells 5,000 cars after relaxation in lockdown

On Monday, the car manufacturer resumed operations at its Gurugram plant in Haryana after about 55 days of closure because of the coronavirus-led lockdown

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Torrent Power soars 7% on healthy operational performance in March quarter

The company increased its generation capacity from 3,703 MW to 3,879 MW during the year, with the entire addition in capacity coming from renewable energy

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Bharti Airtel rallies 10%, hits all-time high on strong Q4 results

Mobile revenues witnessed a YoY growth of 21.8 per cent primarily led by increase in 4G customer base coupled with improved tariffs

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Covid-19: Pune-based drug firm to export favipiravir to 18 countries

Favipiravir is under trial in many countries as a potential treatment for Covid-19

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Oil jumps to two-month high on easing lockdowns, positive vaccine results

In the first half of May, OPEC has cut oil exports sharply, companies that track the shipments said, suggesting a strong start in complying with a new production cut agreement

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World economy will struggle to bounce back from Covid-19 lockdowns: Reports

While growth in the hardest hit economies may snap back briefly, the momentum will soon fade, a financial research firm warned

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Bharti Airtel rallies 6% on strong Q4 results; stock nears all-time high

Mobile revenues witnessed a YoY growth of 21.8 per cent primarily led by increase in 4G customer base coupled with improved tariffs

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Herd immunity can work only when there is vaccination also: Medical experts

I do not know why many literate people are thinking we are immune to the virus. This approach is depressing, says Dr Chatterjee

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Stocks to watch: Bajaj Fin, Bharti Airtel, Torrent Power, Vedanta, Sanofi

Here's a look at some of the stocks that may trade actively in today's trading session

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'All my dreams are shattered' - Coronavirus crushes Asia's garment industry

Since the 1960s, Asia has grown into the world's garment factory, sending about $670 billion worth of clothes, shoes and bags a year to Europe, the United States and richer Asian countries

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'All my dreams are shattered' - Coronavirus crushes Asia's garment industry

Stock ideas from Anand Rathi: Sell Bajaj Finserv, Mahindra & Mahindra

Mahindra & Mahindra's stock has provided a breakdown from a rising wedge pattern on the daily chart

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MARKET LIVE: SGX Nifty jumps over 200 points on firm global cues

Catch all the live market updates here

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MARKET LIVE: SGX Nifty jumps over 200 points on firm global cues

Catch all the live market updates here

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Sebi eases categorisation norms to allow debt MFs to add liquidity

Mutual funds had requested regulator to allow higher limits for G-secs, T-bills

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Top Biz Headlines: Borrowing limit raised, Swiggy lays off 1,100 and more

Here are the top 10 headlines on Tuesday morning

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Coronavirus LIVE: India cases rise to 100,328; Global cases at 4,890,544

Coronavirus LIVE updates: Know lockdown guidelines in Maharashtra, Delhi, Tamil Nadu and other states. Stay tuned with Business Standard for updates on Covid-19 cases and death toll across the world

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Best of BS Opinion: Unemployment rate at 24%, Covid-19 impact, and more

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

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Borrowing limit raised, but states won't rush to make use of the chance

Only eight states will qualify for the extra borrowing, as they have to meet stiff conditions on ease of doing business.

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Light, fantastic: The path ahead for faster, smaller computer processors

Photonic chips have huge potential for the future of computers and telecommunications. Physicists have now developed hybrid architecture to overcome some of the engineering hurdles facing this technology.

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Sunday, May 17, 2020

LIVE: Cyclone Amphan to become 'extremely severe cyclonic storm' in 24 hrs

Cyclone Amphan LIVE tracker: Stay tuned with Business Standard on cyclone amphan landfall, cyclone alert, weather update and more

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Govt measures consist of reforms that need not have waited for Covid-19

Although the intent of these announcements was no doubt sincere and good, markets will get disappointed with them because the immediate spend out of the big fiscal stimulus is relatively small

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Govt should have acted like a driver to pull the economy out of the mess

The decriminalisation of Companies Act and ease of doing business are the small mercies bestowed on Corporate India.

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Defence manufacturers' stocks surge as Centre hikes FDI limit to 74%

Hindustan Aeronautics, BEML, Bharat Dynamics and Bharat Electronics among the state-owned companies shares have rallied by up to 10% on the BSE in early morning trade.

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RIL gains 1% on General Atlantic deal; rights issue to open on Wednesday

RIL on Sunday announced selling 1.34 per cent stake in its digital services subsidiary, Jio Platforms, to PE firm General Atlantic for Rs 6,598.38 crore to accelerate consumer business and cut debt.

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India GDP to fall 45 per cent in June quarter, predicts Goldman Sachs

Predicts a 5 per cent GDP contraction for India in FY21, says recently announced reforms not to have immediate impact on reviving growth

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India GDP to fall 45 per cent in June quarter, predicts Goldman Sachs

Predicts a 5 per cent GDP contraction for India in FY21, says recently announced reforms not to have immediate impact on reviving growth

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Alibaba's Jack Ma resigns; SoftBank proposes three new board members

The departure of Ma, who retired as Alibaba's executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy

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Stocks to watch: RIL, Cipla, Coal India, Bharti Airtel, KNR Constructions

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

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Lockdown extension was expected; stimulus measures are a disappointment

The government's recent stimulus measures, however, may disappoint the market because they were expecting huge fresh liquidity infusion into the system to improve the aggregate demand

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Lockdown extension was expected; stimulus measures are a disappointment

Cyclone Amphan to intensify into 'extremely severe storm': Things to know

Cyclone Amphan is likely to cross West Bengal-Bangladesh coasts between Sagar Islands in Bengal and Hatiya islands in Bangladesh on May 20

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Nifty outlook and stock picks by Sameet Chavan of Angel Broking

Till the time we are holding 9,000, the bulls should remain hopeful.

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Top stock picks by CapitalVia: Buy Adani Ports, Mannapuram Finance

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

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Alibaba's Jack Ma resigns; SoftBank proposes three new board members

The departure of Ma, who retired as Alibaba's executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy

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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of Reliance Industries has corrected from the peak of Rs 1,600 and is currently showing signs of reversal bottoming our near Rs 1,415 levels

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Commodity picks: May 18, 2020

Maize prices are expected to trade lower towards Rs 1,150 - Rs 1,100 per quintal in a couple of weeks

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MARKET LIVE: SGX Nifty indicates lower start for indices; RIL in focus

Catch all the live market updates here

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Top biz headlines: Final tranche of Rs 20-trn package, lockdown 4.0 & more

Here are the top ten business headlines on Monday morning

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Coronavirus LIVE: India cases rise to 95,698; global tally past 4.8 million

Coronavirus LIVE updates: District-wise Lockdown 4.0 guidelines to be issued today. Stay tuned with Business Standard for LIVE updates on Covid-19 cases and death toll across the world

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Best of BS Opinion: Economic freedom in agri, Covid-19 crisis, and more

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

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Lockdown 4.0: National restrictions over, firms now wait for state rules

Industry bodies welcomed the new guidelines

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The stimulus and beyond: is a stronger demand support called for?

More demand-oriented measures may yet be introduced as we are still in the early stages of coping with the economic impact of Covid-19

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Covid-19: Why labour law relaxations will need to undergo judicial scrutiny

Geetika Srivastava checks out whether the recent labour law relaxations announced by several states pass the legal smell test

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Chinese ambassador to Israel found dead at home in Tel Aviv: Report

Du Wei, 58, was appointed envoy in February in the midst of the coronavirus pandemic

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Hindujas share second spot with Reuben brothers in UK Rich List 2020

The coronavirus pandemic is seen as a major factor behind the fall in the overall wealth of the UK's richest people

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Rail minister doing politics over issue of trains for migrants: Baghel

Goyal had reportedly challenged Baghel to prove that the Centre did not approve the trains after receiving request from both the sending and receiving states

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World coronavirus dispatch: Barack Obama goes after Trump admin's response

From Obama going after Trump admin's handling, to Brazil continuing to be in trouble, to how college may look like in fall and beyond

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PSUs in non-strategic sectors to be privatised, says FM Sitharaman

In strategic sectors, at least one enterprise will remain in the public sector but private sector will also be allowed

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Economic stimulus includes Rs 8 trillion liquidity measures by RBI: FM

The stimulus totals to Rs 20.97 trillion, she said, adding this also comprises the Rs 1.92 trillion package of free foodgrain and cooking gas to poor

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Additional Rs 40,000 cr allocated for MGNREGS to help migrants, says FM

Also, public expenditure on health will be increased, she said without giving details. Investments in grassroot health institutions to be ramped up

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Covid-19 stimulus: Centre allows states to borrow up to 5% of their GSDP

Revenue deficit grants of Rs 12,390 crore were given to states on time in April and May despite the Centre's stressed resources, FM Sitharaman said

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1.2 mn EPFO members withdrawn Rs 3,360 cr of savings during lockdown: FM

The EPFO, under the Union labour and employment ministry, has settled a total of 1.2 million claims under the Pradhan Mantri Garib Kalyan Yojana package

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Covid-19 stimulus: Centre allows states to borrow up to 5% of their GSDP

Revenue deficit grants of Rs 12,390 crore were given to states on time in April and May despite the Centre's stressed resources, FM Sitharaman said

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1.2 mn EPFO members withdrawn Rs 3,360 cr of savings during lockdown: FM

The EPFO, under the Union labour and employment ministry, has settled a total of 1.2 million claims under the Pradhan Mantri Garib Kalyan Yojana package

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Tried Google Meet yet? Here's how to start, join, schedule video conference

There are multiple ways to use Google Meet for video conferences. Here is a look at how you can use Google Meet to connect with colleagues, friends and family

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No fresh insolvency to be initiated for 1 year under IBC: FM Sitharaman

Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 100,000 to benefit MSMEs

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Over 13,000 people returned to India under Vande Bharat: Hardeep Singh Puri

Vande Bharat Mission, which started on May 7 to bring back stranded Indian nationals back home from other countries, initiated its second phase of the operation from Saturday

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Covid-19: Migrants on their way home hit a hurdle at Delhi-UP border

Union Home Secretary Ajay Bhalla wrote to Chief Secretaries of all states and Union Territories (UTs), directing them to ensure that there is no movement of migrant workers

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No fresh insolvency to be initiated for 1 year under IBC: FM Sitharaman

Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 100,000 to benefit MSMEs

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Tried Google Meet yet? Here's how to start, join, schedule video conference

There are multiple ways to use Google Meet for video conferences. Here is a look at how you can use Google Meet to connect with colleagues, friends and family

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Govt allocates additional Rs 40,000 crore under MGNREGS to boost employment

FM Sitharaman said any debt incurred for companies because of coronavirus shall not be included in the category of default and no fresh insolvency proceedings will be initiated for one year

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