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Friday, July 31, 2020

Aus plans to force FB, Google to pay for news; to address power imbalance

The draft code allows commercial news businesses to bargain - individually or collectively - with Google and Facebook, in order to be paid for news the tech giants publish on their services

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Samsung, Apple contract manufacturers apply for benefits under PLI scheme

Samsung Lava, Dixon and iPhone contract manufacturer looks to produce mobile devices and components worth over Rs 11 trillion in the next five years

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Microsoft weighs TikTok purchase as ad business flattens out: Report

Microsoft is in exploratory deal talks as the US government prepares to force China-based ByteDance to divest its video app TikTok over data security concerns, says report

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KLM airlines announces massive layoffs, set to cut nearly 5,000 positions

At the end of June, the Dutch government presented an aid package of 3.4 billion euros ($3.8 billion) for KLM to overcome the consequences of the Covid-19 crisis

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AAI, HAL, OIL among firms on PSU panel's list for examination in FY21

The Committee on Public Undertakings met on July 29 and selected 11 subjects for a comprehensive examination

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Tata Power to raise green energy portfolio to 50% with focus on renewables

Tata Power currently has a consumer base of 2.5 million and it aims to quadruple it to 10 million over the next five years

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Nvidia may acquire SoftBank owned UK chip maker ARM for $32bn: Report

The proposed deal includes "both cash and stock and that it valued ARM at above the $32bn price that SoftBank paid for the business in 2016"

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AAI, HAL on Committee on public undertakings' list for examination in FY21

The Committee on Public Undertakings met on July 29 and selected 11 subjects for a comprehensive examination

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Tata Power to raise green energy portfolio to 50% with focus on renewables

Tata Power currently has a consumer base of 2.5 million and it aims to quadruple it to 10 million over the next five years

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Apple beats Saudi Aramco, becomes most valuable publicly listed firm globally

After reporting blockbuster quarterly results, Apple's stock surged over 10% on Friday to end the session at $425.04, putting its market capitalisation at $1.82 trillion

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25 years of mobile telephony: PM Modi congratulates telecom industry

Telecom Secretary Anshu Prakash indicated how telecom services had kept it all going during the Covid-19 crisis

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25 years of mobile telephony: PM Modi congratulates telecom industry

Telecom Secretary Anshu Prakash indicated how telecom services had kept it all going during the Covid-19 crisis

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Microsoft may be in talks to buy TikTok; Trump mulls banning Chinese app

Trump's comments came after published reports suggested his administration was planning to order China's ByteDance to sell TikTok

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Gold price today continues upward trend at Rs 53,200, silver at Rs 65,000

In New Delhi, the price of 22-carat gold rose to Rs 52,200 per 10 grams, and in Chennai to Rs 51,250

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Committee on Public Undertakings to examine AAI, NBCC among others

11 issues have been chosen for Comprehensive Examination, eight for horizontal study and five subjects for audit based purposes

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Samsung, Foxconn to take part in govt's PLI scheme for phone manufacturing

The scheme aims to make India a manufacturing and export hub for mobile phones

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Best of BS Opinion: Language of policy, cargo cult democracies, and more

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

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Coronavirus LIVE: India records 200,000 cases in 4 days; death toll 36,551

Coronavirus news: India has recorded over 200,000 cases in 4 days. The US' tally has surged to 4,705,826 cases and Brazil's to 2,666,298. Stay tuned for coronavirus LIVE updates

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Samsung, Foxconn to take part in govt's PLI scheme for phone manufacturing

The scheme aims to make India a manufacturing and export hub for mobile phones

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RBI unlikely to cut repo rate in August policy meet, says SBI report

The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4

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Thursday, July 30, 2020

LIVE: Cong to air Rahul's conversation with Nobel laureate Muhammad Yunus

Congress leader Rahul Gandhi's dialogue with renowned Bangladeshi economist and Nobel laureate Muhammad Yunus will be aired on his YouTube channel today. Stay tuned for latest news live updates

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RBI asks PM Modi to trim govt stake in state-owned banks to 26%: Report

Chief executives of public sector lenders must get longer tenures: Central bank reportedly tells PM in meeting with financial regulators.

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Facebook beats Q2 estimates with 11% growth in revenue despite coronavirus

Ad sales, which contribute nearly all of Facebook's revenue, rose 10% to $18.3 billion in the Q2 as people under lockdown spent more time online

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Google ad recovers, eases concerns of Alphabet's first-ever sales drop

Alphabet shares were barely changed at $1,552, above their pre-pandemic high, after it said revenue fell 2% in the second quarter, less than analysts' estimate of a 4% decline

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National Education Policy: New 5+3+3+4 structure and 10+2 system explained

Here is what the new pedagogical structure of 5+3+3+4 means, its various stages and impact on existing students

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China's factory recovery accelerates in July at a faster pace: PMI

The official manufacturing Purchasing Manager's Index (PMI) rose to 51.1 in July from June's 50.9, official data showed on Friday

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Stocks to watch: RIL, SBI, Tata Motors, Sun Pharma, Indian Oil, Wipro, LVB

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

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IndiGo to deliberate on raising of funds as company posts highest loss

The development comes a day after the company posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first quarter of 2020-21

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Outlook on Crude oil, natural gas by Bhavik Patel of Tradebulls Securities

Crude oil bulls look exhausted

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Reliance Retail's Ebitda down 47% in June quarter on Covid-19 pandemic woes

Around 50 per cent of Reliance Retail's nearly 12,000 stores were fully shut in the quarter, while 29 per cent were partially open, the company said on Thursday

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IndiGo to deliberate on raising of funds as company posts highest loss

The development comes a day after the company posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first quarter of 2020-21

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Harnessing wind data to help meet energy needs in Florida

A new study shows how upcoming technological advances could make wind energy a hot commodity in the Sunshine State.

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New understanding of CRISPR-Cas9 tool could improve gene editing

Of the CRISPR-Cas9 tools created to date, base editors have gotten lots of attention because of their seemingly simple editing: they neatly replace one nucleic acid with another, in many cases all that should be needed to fix a genetic disease. Scientists have now determined the structure of the latest base editor as it swaps out nucleic acids, showing why it can go off target but also how it can be improved.

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Here's a Bear Spread strategy for Nifty Bank index by HDFC Securities

Short term trend has turned negative as Bank Nifty has closed below its 5 and 20-day SMA

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Stock calls by Nilesh Jain of Anand Rathi: Buy Glenmark Pharma, Tata Elxsi

Glenmark's stock has reclaimed its short term 21-DMA

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MARKET LIVE: SGX Nifty gains 60 pts; RIL Q1 numbers in focus today

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MARKET LIVE: SGX Nifty gains 60 pts; RIL Q1 numbers in focus today

Catch all the live market updates here

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Coronavirus LIVE: India sees 54900 cases in a day; ranks 5th by fatalities

Coronavirus: India has recorded over 100,000 cases in 48 hours. The US tally has surged to 4,634,581 and Brazil 2,613,789. Stay tuned for coronavirus LIVE updates

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Bold reform that triggers animal spirits needed for Indian economy: Rajan

Indian economy more 'debilitated' compared to peers because of the slide in the growth over the years, says leading economist

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Nobel prize-winning work is concentrated in minority of scientific fields

From 1995 to 2017, work that was awarded a Nobel Prize in Medicine, Physics, or Chemistry clustered in just a few scientific disciplines.

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Bold reform that triggers animal spirits needed for Indian economy: Rajan

Indian economy more 'debilitated' compared to peers because of the slide in the growth over the years, says leading economist

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Decline in US cardiac deaths slowing, while county-level disparities grow

Steady progress in reducing the rates of premature cardiac death in the US began slowing in 2011, largely due to rising rates of out-of-hospital premature cardiac deaths, especially among younger adults. County-level disparities in premature cardiac death rates across the US have widened over the past two decades.

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Best of BS Opinion: Solving GST dues crisis, educating India, and more

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

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Wednesday, July 29, 2020

Scientists make quantum technology smaller

A way of shrinking the devices used in quantum sensing systems has now been developed.

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Researchers map mechanisms in the largest CRISPR system

The largest and most complex CRISPR system has been visualized by researchers in a new study. The system may have potential applications in biomedicine and biotechnology, the researchers believe.

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Latest news LIVE: PM to meet chiefs of financial sector regulators today

PM Modi will today meet the chiefs of all financial sector regulators including RBI, Sebi, PFRDA and Irdai. The meeting comes a day after he met bankers. Stay tuned for latest news live updates

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11,300 key level for Nifty ahead of F&O expiry: CapitalVia Global Research

The level of 11,000 might act as support

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Coronavirus LIVE: India cases at 1,584,384; Maharashtra extends lockdown

Coronavirus latest news: The total number of coronavirus cases in India has now reached 1,584,384. The US has 4,567,287 cases and Brazil 2,555,518. Stay tuned for coronavirus LIVE updates

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MARKET LIVE: Indices likely to open flat; all eyes on RIL, HDFC Q1 results

Catch all the live market updates here

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MARKET LIVE: Indices likely to open flat; all eyes on RIL, HDFC Q1 results

Catch all the live market updates here

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Covid-19 pandemic: Kodak stock surges 655% on drug production news

The company's value climbed to $1.99 billion as of 10:25 am in New York, after closing on Friday shy of $100 million

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Mukesh Ambani's trusted aide PMS Prasad pledges 94% of his shares

Prasad owned a total of 640,000 RIL shares and his compensation stood at Rs 11.15 crore in FY20.

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Researchers map mechanisms in the largest CRISPR system

The largest and most complex CRISPR system has been visualized by researchers in a new study. The system may have potential applications in biomedicine and biotechnology, the researchers believe.

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Cosmic tango between the very small and the very large

A new study using the theory of quantum loop cosmology accounts for two major mysteries about the large-scale structure of our universe.

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'Quantum negativity' can power ultra-precise measurements

Scientists have found that a physical property called 'quantum negativity' can be used to take more precise measurements of everything from molecular distances to gravitational waves.

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Phillips group exactly solves experimental puzzle in high temperature superconductivity

A team of theoretical physicists has for the first time exactly solved a representative model of the cuprate problem, the 1992 Hatsugai-Kohmoto (HK) model of a doped Mott insulator.

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Simulating quantum 'time travel' disproves butterfly effect in quantum realm

Using a quantum computer to simulate time travel, researchers have demonstrated that, in the quantum realm, there is no 'butterfly effect.' In the research, information--qubits, or quantum bits--'time travel' into the simulated past.

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Biphilic surfaces reduce defrosting times in heat exchangers

Engineers have discovered a way to significantly improve the defrosting of ice and frost on heat exchangers.

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How to mix old tires and building rubble to make sustainable roads

A recycled blend brings together construction and tire waste, to deliver both environmental and engineering benefits. The material offers a zero-waste solution to a massive environmental challenge - construction, renovation and demolition account for about 50% of the waste produced annually worldwide, while around 1 billion scrap tires are generated globally each year.

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Gold price jumps to Rs 52,700 per 10 gm, silver at Rs 66,050 a kg

In New Delhi, the price of 22-carat gold rose to Rs 51,500 per 10 gram, and in Chennai to Rs 50,740

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Stand-off in Rajasthan eases as Governor Kalraj Mishra allows session

The governor said the Legislative Assembly rules mandated a 21-day notice to all MLAs

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Arguments between couples: Our neurons like mediation

When couples argue, mediation improves the outcome of the confrontation. But that's not all: mediation is also linked to heightened activity in key regions of the brain belonging to the reward circuit. This is the first time that a controlled, randomized study has succeeded in demonstrating the advantages of mediation for couple conflicts and identifying a related biological signature.

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Potential preterm births in high risk women predicted to 73% accuracy, by new technique

A new technique that can spot a potential preterm birth in asymptomatic high-risk women, with up to 73% accuracy months before delivery, has been developed by scientists.

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'They have too much power': US lawmakers grill Big Tech as Trump weighs in

Much-anticipated congressional hearing featuring the CEOs of four of America's largest tech firms kicks off.

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'They have too much power': US lawmakers grill Big Tech as Trump weighs in

Much-anticipated congressional hearing featuring the CEOs of four of America's largest tech firms kicks off.

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Best of BS Opinion: Review PMFBY, banks and the contagion & more

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

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Tuesday, July 28, 2020

NIIT Technologies surges 7%, nears 52-week high post June quarter results

The company secured fresh business of $186 million during the quarter, which included a large deal along with two more significant deals

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Govt allows export of 5 mn Covid-19 PPE coveralls, 2 mn goggles per month

All other items that are part of PPE kits remain prohibited

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MoD invites suggestions, comments on 'Defence Acquisition Procedure 2020'

The second draft of the Defence Procurement Procedure, titled as 'Defence Acquisition Procedure 2020', has been uploaded by the MoD inviting suggestions and comments from the various stakeholders

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Realme C11 sale on Flipkart, Realme portal at 12 pm: Price, specs, and more

Price at Rs 7,499, the Realme C11 will be available in rich grey and rich green colours

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HDFC Q1 preview: Higher provisions, tepid credit growth could hit earnings

The HFC is also likely consider issuance of secured redeemable, non-convertible debentures, in various tranches, aggregating up to Rs 45,00 crore on a private placement basis

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HDFC Q1 preview: Higher provisions, tepid credit growth could hit earnings

The HFC is also likely consider issuance of secured redeemable, non-convertible debentures, in various tranches, aggregating up to Rs 45,00 crore on a private placement basis

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HDFC Q1 preview: Higher provisions, tepid credit growth could hit earnings

The HFC is also likely consider issuance of secured redeemable, non-convertible debentures, in various tranches, aggregating up to Rs 45,00 crore on a private placement basis

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Tata Coffee soars 16% as net profit grows 77% YoY in June quarter

Consolidated total income, on the other hand, rose 26 per cent year-on-year (YoY) at Rs 592 crore

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Govt trying to attract FDI in infrastructure sector: Nitin Gadkari

The Central government is making efforts to attract FDI in the infrastructure sector, Union Minister Nitin Gadkari said

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Indian-origin author Avni Doshi's Burnt Sugar in 2020 Booker Prize longlist

Avni Doshi's "Burnt Sugar" and two titles from Bloomsbury - "Apeirogon" by Colum McCann and "Such a Fun Age" - by Kiley Reid are among the 13 books in the 50,000 pounds Booker Prize 2020 longlist

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Avni Doshi's "Burnt Sugar" and two titles from Bloomsbury - "Apeirogon" by Colum McCann and "Such a Fun Age" - by Kiley Reid are among the 13 books in the 50,000 pounds Booker Prize 2020 longlist

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Stocks to watch: Maruti, Bharti Airtel, IndiGo, Nestle, RBL Bank, TVS Motor

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

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My mother had me when she was 17: Jeff Bezos testifies before US Congress

Amazon founder and CEO talks about personal life and narrates the difficulties the company faced in initial years of its existence

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Hold Nifty longs with 11,050 stop-loss: Vinay Rajani of HDFC Securities

Nifty is in continuation of an uptrend

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Retail investors to lose as Sebi, brokers tussle over new margin norms

From the investor and trader perspective, higher margin with the promise of yet another margin hike by year-end could mean lower trading volumes and lower prices in the cash segment

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Retail investors to lose as Sebi, brokers tussle over new margin norms

From the investor and trader perspective, higher margin with the promise of yet another margin hike by year-end could mean lower trading volumes and lower prices in the cash segment

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Weekly stock picks by Religare Broking: Buy Godrej Consumer, Hero MotoCorp

Godrej Consumer's stock has been trading with a corrective bias for the last three weeks

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Coronavirus LIVE update: India adds 49,500 new cases; tally hits 1,532,135

Coronavirus latest news: Total number of Covid-19 cases in India is 1,532,135 now. West Bengal has 62,964 cases, Tamil Nadu 2,27,000, and Maharashtra 391,440. Stay tuned for coronavirus LIVE updates

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MARKET LIVE: Indices set to open higher; Maruti, Airtel, IndiGo nos today

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MARKET LIVE: Indices set to open higher; Maruti, Airtel, IndiGo nos today

Catch all the live market updates here

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Gold price today: Rs 52,465 per 10 gram, silver price at Rs 62,730 per kg

In New Delhi, the price of 22-carat gold rises to Rs 51,250 per 10 gram

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MoD procurement policy proposes ban on import of specific weapons

The draft DAP-2020 retains the first draft's emphasis on promoting higher indigenous content in equipment manufactured in India, including under licence from foreign vendors

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Best of BS Opinion: The joker in the pack, data anonymity, and more

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

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Monday, July 27, 2020

IndusInd Bank surges 3% ahead of Q1 results; here's what analysts expect

Analysts at Phillip Capital have an outlier estimate for the bank's net profit for this quarter. They peg the PAT at Rs 585.2 crore, up a whopping 94 per cent QoQ.

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Auto industry may suffer a production loss of more than Rs 1 trillion: SIAM

The industry has contributed over Rs 33 crore to government relief funds, it says

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Auto industry may suffer a production loss of more than Rs 1 trillion: SIAM

The industry has contributed over Rs 33 crore to government relief funds, it says

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Govt must close 'legal disputes' hurting telecom: Sunil Mittal on AGR dues

Bharti Airtel chairman says dispute over payments has caused 'significant distress' to the industry

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Govt must close 'legal disputes' hurting telecom: Sunil Mittal on AGR dues

Bharti Airtel chairman says dispute over payments has caused 'significant distress' to the industry

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Stocks to watch: Tech Mahindra, Bharti Infratel, Nestle, Pfizer, USL, ITC

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

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India in community transmission, moving towards herd immunity: Expert

Clearly there is community transmission, as defined by any international standard, says eminent epidemiologist Dr Ramanan Laxminarayan

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Stock calls by Nilesh Jain of Anand Rathi: Sell Tata Motors, Bajaj Finserv

Tata Motors' stock has provided breakdown from a head and shoulder pattern on the daily chart

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Rajasthan crisis live: Cong seeks Prez intervention for Assembly session

Chief Minister Ashok Gehlot said at a CLP meeting that he had spoken to Prime Minister Narendra Modi over the current political situation in the state. Stay tuned for latest news live updates

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MARKET LIVE: Sensex, Nifty likely to open higher; Tech Mahindra in focus

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MARKET LIVE: Sensex, Nifty likely to open higher; Tech Mahindra in focus

Catch all the live market updates here

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Discount brokerages likely to benefit after intoduction of new norms

Earlier, small broking houses were able to attract clients by allowing them to take large leveraged intra-day trades without taking any upfront commission from them

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Coronavirus LIVE: India cases at 1,482,503; global tally reaches 16,629,652

Coronavirus latest news: Total number of coronavirus cases in India has reached 1,482,503. The US now has 4,432,552 cases and Brazil 2,443,480. Stay tuned for coronavirus LIVE updates

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Hunger killing over 10,000 children a month owing to Covid-19 curbs: UN

More than 550,000 additional children each month are being struck by what is called wasting, according to the UN

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Gold prices today at Rs 52,000 per 10 gm, Silver rallies at Rs 64,700 a kg

In New Delhi, the price of 22-carat gold rose to Rs 50,800 per 10 gram, and in Chennai to Rs 49,780

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How airway cells work together in regeneration and aging

Researchers have identified the process by which stem cells in the airways of the lungs switch between two distinct phases -- creating more of themselves and producing mature airway cells -- to regenerate lung tissue after an injury.

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Highly invasive lung cancer cells have longer 'fingers'

Tiny finger-like projections called filopodia drive invasive behavior in a rare subset of lung cancer cells. Analysis of molecular features distinguishing leader from follower cells focuses on filopodia and the MYO10 gene.

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Randomness theory could hold key to internet security

Researchers identified a problem that holds the key to whether all encryption can be broken -- as well as a surprising connection to a mathematical concept that aims to define and measure randomness.

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Mapping crystal shapes could fast-track 2D materials

Materials scientists are calling for a collective, global effort to fast-track the mass production of 2D materials like graphene and molybdenum disulfide.

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Invisible barriers cut down on cheating

Both see-through and pretend partitions promoted honesty in taking tests, psychology experiments show, suggesting simple environmental cues can nudge children to do the right thing.

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Hydrogel mimics human brain with memorizing and forgetting ability

Researchers have found a soft and wet material that can memorize, retrieve, and forget information, much like the human brain.

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A new way to target cancers using 'synthetic lethality'

Researchers report that inhibiting a key enzyme caused human cancer cells associated with two major types of breast and ovarian cancer to die and in mouse studies reduced tumor growth.

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Best of BS Opinion: RBI's Hamletian dilemma, world economy, and more

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

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Sunday, July 26, 2020

Persistent Systems zooms 18%, hits 52-week high on strong June quarter nos

In US dollar terms, revenue grew 9.5 per cent YoY to $131.02 million. Sequentially, the numbers increased by 3.1 per cent.

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HDFC Bank slides 3% as Aditya Puri sells 95% of his stake in the bank

Aditya Puri, who is set to retire from the bank in October, has been the longest serving MD of a private bank in India

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YES Bank hits 10% lower circuit after listing of shares allotted in FPO

The private sector lender raised Rs 15,000 crore through FPO by issuing shares at the price of Rs 12 per share

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Stocks to watch: HDFC Bank, ITC, ICICI Bank, Tech Mahindra, Escorts, Cipla

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

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Nifty needs to hold 11,100 for further upside: Gaurav Garg of CapitalVia

The likelihood of a short-covering move along with addition of fresh position exists only if Nifty breaches 11,200

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Neurons are genetically programmed to have long lives

Most neurons are created during embryonic development and have no ''backup'' after birth. Researchers have generally believed that their survival is determined nearly extrinsically, or by outside forces, such as the tissues and cells that neurons supply with nerve cells. Scientists have challenged this notion and reports the continuous survival of neurons is also intrinsically programmed during development.

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Proposed framework for integrating chatbots into health care

While chatbots are becoming more widespread in health care, it's important to implement them thoughtfully and constantly evaluate them in a variety of ways, authors argue.

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More realistic computer graphics

New software techniques make lighting in computer-generated images look more realistic for use in video games, extended reality, and scientific visualization tools.

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Project creates more powerful, versatile ultrafast laser pulse

Researchers describe a new device, the ''stretched-pulse soliton Kerr resonator,'' that creates an ultrafast laser pulse that is freed from the physical limits endemic to sources of laser light and the limits of the sources' wavelengths. Applications include spectroscopy, frequency synthesis, distance ranging, and pulse generation.

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Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The stock of IndusInd Bank has maintained a good base near 485 levels and has indicated a momentum pick up with positive bias

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Tech Mahindra Q1 preview: PAT may dip 30% YoY; opportunities in 5G eyed

Analysts at IDBI Capital forecast CC revenue decline of nearly 8.8 per cent QoQ

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Tech Mahindra Q1 preview: PAT may dip 30% YoY; opportunities in 5G eyed

Analysts at IDBI Capital forecast CC revenue decline of nearly 8.8 per cent QoQ

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MARKET LIVE: Positive start on the cards; watch out for HDFC Bank today

Catch all the live market updates here

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MARKET LIVE: Positive start on the cards; watch out for HDFC Bank today

Catch all the live market updates here

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Latest news LIVE: SC to hear Rajasthan Speaker's plea against HC order

The Congress party will stage protests outside all Raj Bhavans in the country except in Rajasthan as part of 'Save Democracy, Save Constitution' agitation call. Stay tuned for latest news live updates

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Coronavirus LIVE: India records 50,000 cases in a day; tally at 1,436,019

Coronavirus latest news: The total number of coronavirus cases in India has reached 1,436,019. US has 4,371,500 cases, and Brazil 2,419,901. Stay tuned for coronavirus LIVE updates

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Researchers use cell imaging and mathematical modeling to understand cancer progression

Using a combination of experiments and mathematical modeling, a team of researchers from the Virginia Tech Department of Biological Sciences in the College of Science and the Fralin Life Sciences Institute are beginning to unravel the mechanisms that lie behind tetraploidy - a chromosomal abnormality that is often found in malignant tumors.

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High levels of antibiotic-resistant bacteria found on equipment in communal gyms

Scientists have found that 43% of Staphylococcus bacteria found on exercise equipment in university gyms were ampicillin-resistant, with 73% of those isolates being resistant to multiple additional drugs.

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Different from a computer: Why the brain never processes the same input in the same way

The brain never processes the same information in the same way. Scientists have found out why this is the case and how it works. A decisive role plays a critical state of the neuronal networks.

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Phage therapy shows potential for treating prosthetic joint infections

Bacteriophages, or phages, may play a significant role in treating complex bacterial infections in prosthetic joints, according to new research. The findings suggest phage therapy could provide a potential treatment for managing such infections, including those involving antibiotic-resistant microbes.

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Phage therapy shows potential for treating prosthetic joint infections

Bacteriophages, or phages, may play a significant role in treating complex bacterial infections in prosthetic joints, according to new research. The findings suggest phage therapy could provide a potential treatment for managing such infections, including those involving antibiotic-resistant microbes.

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Gold continues upward trend at Rs 51,160, Silver crosses Rs 61,000 mark

In New Delhi, the price of 22-carat gold rose to Rs 49,960 per 10 gram, and in Chennai to Rs 49,910

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Best of BS Opinion: Recycling plastic, reimagining work in Covid-19

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

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Two-wheeler sales recovering across domestic, export markets: Bajaj Auto

In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year

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Two-wheeler sales recovering across domestic, export markets: Bajaj Auto

In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year

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403 infra projects show cost overruns of over Rs 4.05 trillion: Report

Reasons for overruns are delay in land acquisition, delay in obtaining forest/environment clearances and lack of infrastructure support & linkages.

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403 infra projects show cost overruns of over Rs 4.05 trillion: Report

Reasons for overruns are delay in land acquisition, delay in obtaining forest/environment clearances and lack of infrastructure support & linkages.

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Ganguly's 'astute brain' makes him suitable for ICC top post: Sangakkara

The former Sri Lanka skipper said Ganguly has the potential to build relationships, which is vital for the influential position in cricket's governing body

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Diesel prices up by 15 paise, nears Rs 82/litre in Delhi; petrol unchanged

Prices of petrol have remained static at Rs 80.43 per litre for almost four weeks. Petrol rates were last changed on June 29.

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BPCL privatisation: Firm offers VRS to those who don't want new management

The 'Bharat Petroleum Voluntary Retirement Scheme - 2020 (BPVRS-2020)' opened on July 23 and will close on August 13

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HSBC denies 'framing' Huawei, says it didn't participate in US legal probe

People's Daily, China's state-run newspaper, says HSBC has been 'setting traps' for the company since 2012

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BPCL privatisation: Firm offers VRS to those who don't want new management

The 'Bharat Petroleum Voluntary Retirement Scheme - 2020 (BPVRS-2020)' opened on July 23 and will close on August 13

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Lakhs saved but coronavirus still a threat to India, says PM Modi

Modi said restrictions on public life have been eased but people must continue taking precautions against the disease

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Saturday, July 25, 2020

Alibaba, Jack Ma summoned by Gurugram court on former employee's complaint

The judge seeks written responses from the company and its executives within 30 days

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US Coronavirus aid package coming soon, $1,200 checks by Aug, says Mnuchin

Expanding an expiring unemployment benefit but reducing it was a top priority for President Trump, says his Treasury Secretary

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China protests 'forced entry' of US agents into consulate, vows to respond

Trump administration ramps up its confrontation with China ordering Beijing's consulate in Houston to close over concerns about economic espionage

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Banks need to raise, conserve capital due to Covid: Former RBI deputy guv

NPA levels of banks are sure to go up and the entire risk management mechanism will undergo a paradigm shift, Vishwanathan said

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Do bicycles slow down cars on low speed, low traffic roads? Latest research says 'no'

New research demonstrates that bicycles do not significantly reduce passenger car travel speeds on low speed, low volume urban roads without bicycle lanes. The research shows that differences in vehicle speeds with and without cyclists were generally on the order of 1 mph or less - negligible from a practical perspective.

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PM Modi to address monthly radio programme 'Mann Ki Baat' at 11 am

Taking to Twitter, PM Modi wrote, "Do tune in tomorrow, 26th July, at 11 AM. #MannKiBaat"

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Do bicycles slow down cars on low speed, low traffic roads? Latest research says 'no'

New research demonstrates that bicycles do not significantly reduce passenger car travel speeds on low speed, low volume urban roads without bicycle lanes. The research shows that differences in vehicle speeds with and without cyclists were generally on the order of 1 mph or less - negligible from a practical perspective.

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Dual role discovered for molecule involved in autoimmune eye disease

The inflammatory molecule interleukin-17A (IL-17A) triggers immune cells that in turn reduce IL-17A's pro-inflammatory activity, according to a new study.

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Study finds global trends in women's breast cancer show cause for concern

Breast cancer rates among women globally are on the rise, but new research is uncovering trends related to age and where you live that could help target prevention measures to improve the situation.

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New cell profiling method could speed TB drug discovery

A new cell profiling technology combines high throughput imaging and machine learning to provide a rapid, cost-effective way to determine how specific compounds act to destroy the bacterium that causes tuberculosis. It could speed discovery of anti-TB drugs and be applied to other pathogens.

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Two immunotherapies merged into single, more effective treatment

Researchers have combined two immunotherapy strategies into a single therapy and found, in studies in human cells and in mice, that the two together are more effective than either alone in treating certain blood cancers, such as leukemia.

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Gene in fat plays key role in insulin resistance

Deleting a key gene in mice in just their fat made tissues throughout these animals insulin resistant, in addition to other effects, a new study shows. The findings could shed light on Type 2 diabetes and other insulin resistance disorders, which remain poorly understood despite decades of study.

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Seeing the light: Researchers combine technologies for better light control

A new technology that can allow for better light control without requiring large, difficult-to-integrate materials and structures has been developed. The new photonic integrated chip could allow for many advances in the optical field and industry, ranging from improvements in virtual-reality glasses to optical remote sensing, according to the researchers.

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Co-founder S D Shibulal's family sells shares of Infosys Limited

The sale was executed by Citigroup Global Markets India Private Limited as the sole broker

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Significant numbers of ISIS terrorists in Kerala and Karnataka: UN report

According to the report, one member state reported that the ISIL Indian affiliate (Hind Wilayah), which was announced on May 10, 2019, has between 180 and 200 members

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Moderna says patent ruling not to affect Covid-19 vaccine development

Moderna shares were up slightly in extended trading, while Arbutus shares closed down 20% on Friday

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LIVE updates: Congress to hold protests against BJP in Rajasthan today

The Congress will hold demonstrations today against the BJP for trying to topple its government in Rajasthan. Stay tuned for latest news live updates

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Friday, July 24, 2020

Now, you can join Cisco Webex meetings using your Microsoft Teams app

Microsoft has released a new update that finally allows users to join Cisco Webex meetings from the Rooms feature in its popular video conferencing app Teams, allowing guests to directly join

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Verizon beats estimates on lockdown boost to phone, internet services

Revenue in Verizon's media unit, which includes Yahoo, HuffPost and TechCrunch, declined 24.5% in the second quarter

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Moderna says patent ruling not to affect Covid-19 vaccine development

Moderna shares were up slightly in extended trading, while Arbutus shares closed down 20% on Friday

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Dil Bechara review: Stellar show by Sushant, others lifts his swansong film

Despite that utter lack of filmic creativity, the overall exercise is redeemed by the movie's stellar cast and excellence of A R Rahman's music

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Risk aversion rising in banks, may hinder recovery if taken to extreme: FSR

Public sector banks chose to lend only to high-quality borrowers; there was a sharp credit contraction across all rating categories except 'AA and above', FSR points out

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US won't allow new international students whose courses are entirely online

The ICE on Friday said that the guidance applied to continuing F and M non-immigrant students who were in valid F-1 or M-1 non-immigrant status on March 9

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China's weapon supply to Myanmar terrorists re-ignites NE insurgency fears

India's Ambassador to Thailand, Suchitra Durai, held a meeting with Unsit Sampuntharat, Governor of Tak province of Thailand in which Mae Sot is located

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After US regulator, DGCA tells airlines to inspect Boeing B737s in fleet

The US aviation regulator, FAA, had issued an emergency directive in this matter on Friday

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Coronavirus LIVE: India tally at 1,337,022; Uttarakhand, UP impose lockdown

Coronavirus latest news: The total number of coronavirus cases in India is now at 1,337,033. The US now has 4,248,203 cases and Brazil 2,348,200. Stay tuned for coronavirus LIVE updates

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After US regulator, DGCA tells airlines to inspect Boeing B737s in fleet

The US aviation regulator, FAA, had issued an emergency directive in this matter on Friday

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Best of BS Opinion: When the chickens come home, Covid-19 crisis, and more

Business Standard opinion pieces for the day, among other things, talk about why it's important for the government to re-examine its approach

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Gold price today continues upward move at Rs 50,750, silver at Rs 61,050

In New Delhi, the price of 22-carat gold rose to Rs 49,550 per 10 gram, and in Chennai to Rs 48,790

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Electrons obey social distancing in 'strange' metals

A study has used state-of-the-art computational tools to model the chaotic behavior of Planckian, or ''strange,'' metals. This behavior has long intrigued physicists, but they have not been able to simulate it down to the lowest possible temperature until now.

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Gene-controlling mechanisms play key role in cancer progression

Researchers have analyzed how epigenomic modifications change as tumors evolve. In a study of mouse lung tumors, the researchers identified 11 chromatin states, or epigenomic states, that cancer cells can pass through as they become more aggressive.

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Immune system -- Knocked off balance

Instead of protecting us, the immune system can sometimes go awry, as in the case of autoimmune diseases and allergies. A team has now dissected how mast cells regulate their calcium levels to keep the immune response under control.

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Researchers simulate, assess damage to brain cells caused by bubbles during head trauma

Researchers are using their expertise with the manufacture of microstructures to study how the collapse of microbubbles within the skull can damage brain cells.

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How a few negative online reviews early on can hurt a restaurant

Just a few negative online restaurant reviews can determine early on how many reviews a restaurant receives long-term, a new study has found. The study also found that a neighborhood's median household income affected whether restaurants were rated at all.

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Mammal cells could struggle to fight space germs

The immune systems of mammals - including humans - might struggle to detect and respond to germs from other planets, new research suggests.

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Software of autonomous driving systems

Researchers have been developing software systems of autonomous driving systems. They have now developed a method for generating safety-critical simulation scenarios and an adaptive control procedure for compensating for internal errors.

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Thursday, July 23, 2020

New CT scan method lowers radiation exposure

A CT scan technique that splits a full X-ray beam into thin beamlets can deliver the same quality of image at a much reduced radiation dose, according to a new study. The technique, demonstrated on a small sample in a micro CT scanner, could potentially be adapted for medical scanners and used to reduce the amount of radiation millions of people are exposed to each year.

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Lung ultrasound shows duration, severity of coronavirus disease (COVID-19)

A new study found that lung ultrasound was highly sensitive for detecting abnormalities in patients with coronavirus disease (COVID-19), with B-lines, a thickened pleural line, and pulmonary consolidation the most commonly observed features. Additionally, the authors found that lung ultrasound features can be used to reflect both the infection duration and disease severity.

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Lone Star ticks in Illinois can carry, transmit Heartland virus

Researchers have confirmed that Heartland virus, an emerging pathogen with potentially dire consequences for those infected, is present in Lone Star ticks in two Illinois counties hundreds of miles apart. Lone Star ticks were first detected in Illinois in 1999 but had not been found to be infected with Heartland virus in the state.

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Older adults feel stressed, yet resilient in the time of COVID-19

America's oldest citizens say they've been through worse, but many older adults are feeling the stress of COVID-19 and prolonged social distancing measures, according to a new study.

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Older adults coped with pandemic best, study reveals

Adults aged 60 and up have fared better emotionally compared to younger adults (18-39) and middle-aged adults (40-59) amid the COVID-19 pandemic, according to new research.

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Calcium channel subunits play a major role in autism spectrum disorders

Neurobiologists have found new evidence that specific calcium channel subunits play a crucial role in the development of excitatory and inhibitory synapses.

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Researchers discover new pathways that could help treat RNA viruses

Researchers have identified new pathways in an RNA-based virus where inhibitors, like medical treatments, unbind. The finding could be beneficial in understanding how these inhibitors react and potentially help develop a new generation of drugs to target viruses with high death rates, like HIV-1, Zika, Ebola and SARS-CoV2, the virus that causes COVID-19.

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Coronavirus antibodies fall dramatically in first 3 months after mild cases of COVID-19

In people with mild cases of COVID-19, antibodies against SARS-CoV-2 -- the virus that causes the disease -- drop sharply over the first three months after infection, decreasing by roughly half every 36 days, a new study finds. If sustained at that rate, the antibodies would disappear within about a year.

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New CT scan method lowers radiation exposure

A CT scan technique that splits a full X-ray beam into thin beamlets can deliver the same quality of image at a much reduced radiation dose, according to a new study. The technique, demonstrated on a small sample in a micro CT scanner, could potentially be adapted for medical scanners and used to reduce the amount of radiation millions of people are exposed to each year.

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Tracking misinformation campaigns in real-time is possible, study shows

A research team has developed a technique for tracking online foreign misinformation campaigns in real time, which could help mitigate outside interference in the 2020 American election.

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Best of BS Opinion: Bank recapitalisation is a must, retail at risk & more

Business Standard opinion pieces for the day talk about the stock market among other issues

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Preventing the next pandemic

A new article shows that an annual investment of $30 billion should be enough to offset the costs of preventing another global pandemic such as COVID-19.

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Study finds decline in emergent hospitalizations during early phase of COVID-19

Researchers report on the decline of emergent medical, surgical and obstetric hospitalizations at the medical center during the six-week period following the week of the declaration of the COVID-19 public health emergency in Boston in mid-March 2020.

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Driving immunometabolism to control lung infection

When drugs to kill microbes are ineffective, host-directed therapy uses the body's own immune system to deal with the infection. This approach is being tested in patients with COVID-19, and now a team of researchers has published a study showing how it might also work in the fight against tuberculosis (TB).

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COVID-19 vaccine innovation could dramatically speed up worldwide production

A new modified version of the SARS-CoV-2 spike protein has a 10-fold higher expression rate in cell cultures than an earlier version that forms the basis of some candidates currently in clinical trials. Vaccine manufacturers could swap in the new version and produce vaccine doses at much higher rates, researchers say.

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How mosquitoes got their taste for human blood and what it means for the future

To predict and help control the spread of mosquito-borne illnesses, it's important to know where and why certain mosquitoes got their taste for biting humans in the first place. Now, researchers have identified two major factors: a dry climate and city life. Based on these findings, they predict that increased urbanization in the coming decades will mean even more human-biting mosquitoes in the future.

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Reexamining the history of slavery through 23andMe African ancestry data

Researchers have compiled genetic data from consenting 23andMe research participants to paint a more complete picture of African ancestry in the New World. By linking genetic data with slave trade historical records, the findings reinforce harsh truths about slavery in the Americas and uncover insights into its history, including the methods used to suppress and exploit Africans once they disembarked.

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Unprecedented effort to ramp up testing technologies for COVID-19

In a new paper, experts set forth a framework to increase significantly the number, quality and type of daily tests for detecting SARS-CoV-2, the virus that causes COVID-19, and help reduce inequities for underserved populations that have been disproportionally affected by the disease.

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COVID-19 shutdown led to increased solar power output

As the air cleared after lockdowns, solar installations in Delhi produced 8 percent more power, a new study shows.

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Common blood test identifies benefits and risks of steroid treatment in COVID-19 patients

A new study confirms the findings of the large scale British trial of steroid use for COVID-19 patients and advances the research by answering several key questions: Which patients are most likely to benefit from steroid therapy? Could some of them be harmed? Can other formulations of steroids substitute for the agent studied in the British trial?

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Neutralizing antibodies isolated from COVID-19 patients may suppress virus

Researchers have isolated antibodies from several COVID-19 patients that, to date, are among the most potent in neutralizing the SARS-CoV-2 virus. These antibodies could be produced in large quantities by pharmaceutical companies to treat patients, especially early in the course of infection, and to prevent infection, particularly in the elderly.

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Patients who lived longer with cancer at greater risk of severe COVID-19 infection

Cancer patients diagnosed more than 24 months ago are more likely to have a severe COVID-19 infection, research has found. Cancer patients of Asian ethnicity or who were receiving palliative treatment for cancer were also at a higher risk of death from COVID-19.

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COVID-19 shutdown led to increased solar power output

As the air cleared after lockdowns, solar installations in Delhi produced 8 percent more power, a new study shows.

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Wednesday, July 22, 2020

Latest news today LIVE: SC to hear Rajasthan Assembly Speaker's plea today

Rajasthan Speaker CP Joshi had served notices on 19 Congress MLAs, including Sachin Pilot, asking them why they should not be disqualified. Stay tuned for the latest news of the day

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MARKET LIVE: Flat start on the cards; Rossari Biotech to list today

Catch all the live market updates here

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MARKET LIVE: Flat start on the cards; Rossari Biotech to list today

Catch all the live market updates here

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Amazon India steps up insurance and credit biz, riding on its payments app

Amazon Pay has started making deep inroads in India's booming digital payments market and is competing aggressively with PhonePe, Paytm and Google Pay

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S&P may downgrade Future Retail to default over liquidity pressure

Future Retail is currently facing a takeover threat from Reliance Industries

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Brain builds and uses maps of social networks, physical space, in the same way

Even in these social-distanced days, we keep in our heads a map of our relationships with other people: family, friends, coworkers and how they relate to each other. New research shows that we put together this social map in much the same way that we assemble a map of physical places and things.

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Coronavirus LIVE: India sees 45,000 new cases, 1,120 deaths in a single day

Coronavirus latest news: Maharashtra has 3,37,607 cases, Tamil Nadu 186,000, Delhi 1,26,323, and Karnataka 75,833. Stay tuned for coronavirus LIVE updates

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Gold prices at Rs 49,950 per 10 gm, silver rises to Rs 58,950 a kg

In New Delhi, the price of 22-carat gold rose to Rs 48,750 per 10 gram, and in Chennai to Rs 47,850

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New role for white blood cells in the developing brain

Whether white blood cells can be found in the brain has been controversial, and their role there a complete mystery. Scientists describe a population of specialized brain-resident immune cells discovered in the mouse and human brain, and show that the presence of white blood cells is essential for normal brain development in mice.

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Brain builds and uses maps of social networks, physical space, in the same way

Even in these social-distanced days, we keep in our heads a map of our relationships with other people: family, friends, coworkers and how they relate to each other. New research shows that we put together this social map in much the same way that we assemble a map of physical places and things.

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Mapping the brain's sensory gatekeeper

Researchers have mapped the thalamic reticular nucleus in unprecedented detail, revealing that the region contains two distinct subnetworks of neurons with different functions. The findings could offer researchers much more specific targets for designing drugs that could alleviate attention deficits, sleep disruption, and sensory hypersensitivity.

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How neurons reshape inside body fat to boost its calorie-burning capacity

Scientists have found that a hormone tells the brain to dramatically restructure neurons embedded in fat tissue. Their work widens our understanding of how the body regulates its energy consumption, and how obesity might be treated in the future.

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Sharks almost gone from many reefs

A massive global study of the world's reefs has found sharks are 'functionally extinct' on nearly one in five of the reefs surveyed.

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Twitter data reveals global communication network

Twitter mentions show distinct community structure patterns resulting from communication preferences of individuals affected by physical distance between users and commonalities, such as shared language and history. While previous investigations have identified patterns using other data, such as mobile phone usage and Facebook friend connections, research now looks at the collective effect of message transfer in the global community.

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Smile: Atomic imaging finds root of tooth decay

Researchers combined complementary imaging techniques to explore the atomic structure of human enamel, exposing tiny chemical flaws in the fundamental building blocks of our teeth. The findings could help scientists prevent or possibly reverse tooth decay.

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Portable blood ammonia detector

This device offers a significantly faster and easier method for detecting ammonia levels in blood, which can reach dangerous levels in people with certain diseases and genetic conditions.

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Cancer metabolic pathway identified as target for therapy

Fighting cancer often means employing a suite of techniques to target the tumor and prevent it from growing and spreading to other parts of the body. It's no small feat -- the American Cancer Society predicts roughly 1.8 million new cases of cancer in the country in 2020, underscoring the need to identify additional ways to outsmart the runaway cells.

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Amazon India steps up insurance and credit biz, riding on its payments app

The e-commerce giant's digital arm has started making deep inroads in India's booming digital payments market and is competing aggressively with PhonePe, Paytm and Google Pay

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Twitter data reveals global communication network

Twitter mentions show distinct community structure patterns resulting from communication preferences of individuals affected by physical distance between users and commonalities, such as shared language and history. While previous investigations have identified patterns using other data, such as mobile phone usage and Facebook friend connections, research now looks at the collective effect of message transfer in the global community.

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Best of BS Opinion: Future of agriculture, India's trade deals, and more

Business Standard opinion pieces for the day talk about trade among other issues

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Markerless motion capture technology could help skeleton athletes' training

Researchers have developed the first non-invasive way of measuring athletes' push start performance.

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Ultra-small, parasitic bacteria found in groundwater, moose -- and you

Saccharibacteria within a mammalian host are more diverse than ever anticipated, according to recent research. The researchers also discovered that certain members of the bacteria are found in the oral cavity of humans, the guts of other mammals, and in groundwater.

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Fasting diet could boost breast cancer therapy

A team of scientists has found that a fasting-mimicking diet combined with hormone therapy has the potential to help treat breast cancer, according to newly published animal studies and small clinical trials in humans.

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US lawmakers urge China to de-escalate situation with India

China's military provocations against India are unacceptable, says Indian-American Congressman Raja Krishnamoorthi

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RIL, Muthoot Finance, Granules, JK Cements, Laurus Labs hit record highs

RIL hit a fresh record high of Rs 2,000 mark, up 1.4 per cent in intra-day trade today.

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WADA extends suspension of India's dope testing laboratory for 6 months

The suspension prohibits the NDTL from carrying out any anti-doping activities, including all analyses of urine and blood samples

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Tuesday, July 21, 2020

Asus ROG Phone 3 India launch today: Livestream, expected specs, and more

The ROG Phone 3 is expected to bring more than just seasonal upgrades with regard to specifications, features and performance

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Asus ROG Phone 3 India launch today: Livestream, expected specs, and more

The ROG Phone 3 is expected to bring more than just seasonal upgrades with regard to specifications, features and performance

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M&M Financial jumps 10% as stock turns ex-date today for 1:1 rights issue

The board on Saturday, July 18, approved a 1:1 rights issue at Rs 50 per share, amounting to Rs 3,089 crore.

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Axis Bank gains 8% on better-than-expected June quarter earnings

In Q1FY21, the bank's gross non-performing assets (GNPA) were at 4.72 per cent, compared to 5.25 per cent in the year ago quarter and 4.86 per cent in the fourth quarter.

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US cyber diplomat urges telcos globally to follow Jio's 5G model

I think the lesson of Reliance Jio is that there's nothing mystical about 5G technology, says Robert L Strayer

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CARE puts rating for Rana Kapoor family owned firm in default grade

MCPL is a holding company having investments in various non-financial businesses

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US business groups file lawsuit, seek to overturn Trump's work visa order

H-1B visas are set aside for skilled workers, especially in the technology industry, and H-4 visas are given to their spouses

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India offers best destination for foreign investment in MSME, NBFC: Gadkari

Calling India as most favourable destination for foreign investment, Gadkari urged foreign investors to reap rich dividends by investing in the country's infrastructure, MSMEs, banks, NBFCs

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Ravi Shankar Prasad to address G20 Digital Minister's meeting today

Union Minister of Information Technology Ravi Shankar Prasad is scheduled to address the G20 Digital Minister's meeting

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CARE puts rating for Rana Kapoor family owned firm in default grade

MCPL is a holding company having investments in various non-financial businesses

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Stocks to watch: L&T, HUL, Axis Bank, Bajaj Auto, IndiaMART, Polycab India

Here's a list of stocks that may trade actively in today's session

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India best destination for foreign investment in MSMEs, NBFCs: Gadkari

The minister called India as the most favourable destination for foreign investment and urged foreign investors to reap rich dividends by investing in the country's infra, MSMEs, banks, NBFCs

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Nifty view and stock call by Vinay Rajani, HDFC Securities: Buy L&T, ONGC

L&T is on the verge of breaking out from the symmetrical triangle pattern on the daily charts.

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US leading the world in Covid-19 testing, India at second, says Trump

Trump assures that the vaccines against the novel coronavirus will be coming a lot sooner than expected

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LIVE: Pilot sends legal notice to Congress MLA over horse-trading charge

Sachin Pilot has served a legal notice on Congress MLA Giriraj Singh Malinga for his statement that Pilot had offered him money to join the BJP

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Trading strategies by Religare Broking: Buy Indian Oil Corporation, Titan

TITAN has been trading within 940-1030 zone for almost one and a half months, taking a pause after a sharp rebound

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MARKET LIVE: Indices likely to open flat; L&T, HUL, Bajaj Auto in focus

Catch all the live market action here

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MARKET LIVE: Indices likely to open flat; L&T, HUL, Bajaj Auto in focus

Catch all the live market action here

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Coronavirus LIVE: India cases rise to 1,194,085; global tally past 15 mn

Coronavirus latest news: The total number of cases in India is now at 1,194,085. Maharashtra has 327,031 cases, Delhi 125,096, and Tamil Nadu 180,000. Stay tuned for coronavirus LIVE updates

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Best of BS Opinion: Congress has lost the plot, digital taxation, and more

Business Standard opinion pieces for the day talk about the state of the Congress party among other issues

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Monday, July 20, 2020

EU nations clinch $2.1 trillion budget, $858 bn recovery fund after 4 days

Never before did the EU invest in the future like this, Belgian Prime Minister Sophie Wilmes says

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Rajasthan LIVE: HC order likely on plea filed by Pilot, 18 rebel Cong MLAs

Madhya Pradesh Governor Lalji Tandon (85) passed away on Tuesday after a prolonged illness. His son and UP minister Ashutosh Tandon confirmed the news. Stay tuned for the latest news of the day

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N-95 masks with valved respirators ineffective against Covid-19, says govt

The valved respirator does not stop the virus from escaping out of the mask and using 'it is inappropriate'

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Cement shares rally as ACC logs strong operational performance in June qtr

Individually, ACC rallied 6%, Ambuja Cements & JK Cement surged 5% each, while Ramco Cements, Shree Cement, India Cements, Heidelberg Cement India & UltraTech Cement were up in the range of 2% to 4%

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SBI Cards rallies 6% to hit record high on healthy June quarter results

The stock has rallied 6% to Rs 794.50 on the BSE, and is trading at the highest level since its listing on March 16, 2020.

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Vodafone Idea tanks 9% as SC reserves order on AGR dues' payment timeline

Bharti Airtel, however, was trading flat at Rs 577 on the BSE as compared to 1.1 per cent rise in the S&P BSE Sensex

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EU nations close in on $2.1 trillion budget, coronavirus recovery fund

"An extraordinary situation demands extraordinary efforts," German Chancellor Angela Merkel says

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Stocks to watch: InterGlobe Aviation, Bajaj Finance, HUL, Axis Bank, ACC

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

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MP Governor Lalji Tandon passes away at 85 from prolonged illness

Lalji Tandon was admitted to the Medanta hospital on June 13 after he complained of urinary problem and fever

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Bajaj Auto Q1 preview: Higher other income to cushion decline in net profit

For the period under review, the stock price of Bajaj Auto leaped 39.5 per cent, as against 18.4 per cent rise in the Sensex. In comparison, the S&P BSE Auto index surged 42 per cent.

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Bajaj Auto Q1 preview: Higher other income to cushion decline in net profit

For the period under review, the stock price of Bajaj Auto leaped 39.5 per cent, as against 18.4 per cent rise in the Sensex. In comparison, the S&P BSE Auto index surged 42 per cent.

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Nifty view & stock calls by Anand Rathi: Buy Bharti Airtel, Manappuram Fin

The momentum indicators and oscillators are very well in the buy mode on the weekly scale which hints that bulls are making a comeback and the current pullback is likely to extend further

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Coronavirus vaccine update: Oxford, Pfizer vaccines safe, give immunity

There are 23 coronavirus vaccine candidates in human trials, including Moderna, AstraZeneca Plc, BioNTech, Novavax, Sinovac, CanSino Biologics and Inovio. Catch latest updates on Covid-19 vaccine

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MARKET LIVE: Sensex, Nifty likely to open higher; HUL, Axis Bank in focus

Catch all the live market action here

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MARKET LIVE: Sensex, Nifty likely to open higher; HUL, Axis Bank in focus

Catch all the live market action here

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Coronavirus LIVE: India sees over 36,000 cases in a day; tally at 1,154,917

Coronavirus latest news: Total number of cases in India is now at 1,154,917. Maharashtra has 318,695 cases, Delhi 123,747, and Tamil Nadu 175,678. Stay tuned for coronavirus LIVE updates

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Value funds lead returns tally, outperform other equity categories

In the April-June 2020 quarter, value funds have delivered average returns of 21.41 per cent - outperforming large-cap, mid-cap, and small-cap funds

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Coronavirus vaccine update: Oxford, Pfizer vaccines safe, give immunity

There are 23 coronavirus vaccine candidates in human trials, including Moderna, AstraZeneca Plc, BioNTech, Novavax, Sinovac, CanSino Biologics and Inovio. Catch latest updates on Covid-19 vaccine

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A mechanical way to stimulate neurons

Magnetic nanodiscs can be activated by an external magnetic field, providing a research tool for studying neural responses.

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Gold price drops to Rs 49,050 per 10 gm; silver peaks to Rs 53,150 a kg

In New Delhi, the price of 22-carat gold rises to Rs 47,850 per 10 gram, and in Chennai to Rs 46,950

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A mechanical way to stimulate neurons

Magnetic nanodiscs can be activated by an external magnetic field, providing a research tool for studying neural responses.

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Physicists take stop-action images of light-driven molecular reaction

Physicists have taken extremely fast snapshots of light-induced molecular ring-opening reactions -- similar to those that help a human body produce vitamin D from sunlight.

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Best of BS Opinion: Managing public debt, urban equilibrium, and more

Business Standard Opinion pieces for the day talk about public debt among other issues

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Sunday, July 19, 2020

Auto Q1 preview: Tractor, two-wheeler companies may buck the slowdown trend

Analysts at Nirmal Bang Institutional Equities expect Maruti Suzuki to post a loss for the quarter under review, led by 80 per cent sequential sequential dip in volume and negative operating leverage

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Dhanuka Agritech gains 4%, hits 52-week high on share buyback proposal

The board of directors of the company is scheduled to meet on July 22, 2020, to consider and evaluate the proposal for buyback of equity shares

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Asset quality, provisions key monitorables in Axis Bank's Q1 nos: Analysts

Owing to the Rs 7,730.02 crore provisions set aside in the March quarter of FY20, analysts expect lower sequential provisioning in the quarter under review

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Asset quality, provisions key monitorables in Axis Bank's Q1 nos: Analysts

Owing to the Rs 7,730.02 crore provisions set aside in the March quarter of FY20, analysts expect lower sequential provisioning in the quarter under review

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OPPO Reno 4 Pro with Qualcomm Snapdragon 765G SoC to launch on July 31

The Reno4 Pro is a premium midrange smartphone with 5G network support, two-side curved AMOLED screen of 90Hz refresh rate, triple camera array on the back and 65W fast charge support

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Asset quality, provisions key monitorables in Axis Bank's Q1 nos: Analysts

Owing to the Rs 7,730.02 crore provisions set aside in the March quarter of FY20, analysts expect lower sequential provisioning in the quarter under review

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Stocks to watch: HDFC Bank, Vodafone Idea, Glenmark Pharma, ACC, SBI Cards

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

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Canada to review $6.8 mn worth security equipment purchased from China

Nuctech company suspected to be owned by the Chinese government and was founded by the son of a former general secretary of the Communist Party

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Xiaomi Redmi Note 9 India launch today at 12 noon: Specs, features and more

The Redmi Note 9 was announced in China in May. The Indian model is expected to be similar to the China model

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Pharma firms likely to report mixed performance in Q1 on Covid-19, lockdown

Companies with higher exports are likely to benefit due to the rupee depreciation against the US dollar.

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Stock picks by Vaishali Parekh, Prabhudas Lilladher: Buy ICICI Bank, HDFC

The stock of ICICI Bank has made a good support base near Rs 340 levels and is currently indicating a trend reversal

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Nifty outlook & stock calls by Angel Broking: Buy SBI Cards, Bharat Forge

One step at a time is the strategy to follow and better to timely book profits in the rally. Traders are advised to keep following stock specific moves and the base now remains at 10,660 - 10,560

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Pharma firms likely to report mixed performance in Q1 on Covid-19, lockdown

Companies with higher exports are likely to benefit due to the rupee depreciation against the US dollar.

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Pharma firms likely to report mixed performance in Q1 on Covid-19, lockdown

Companies with higher exports are likely to benefit due to the rupee depreciation against the US dollar.

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UAE's Hope Probe on course to Mars after successful launch from Japan

The craft is expected to reach Mars in February 2021, the year the UAE celebrates 50th year of its formation

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Nifty could face resistance at 11,000 level: Gaurav Garg of CapitalVia

We might witness weakness only if Nifty breaks level of 10,700

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Rajasthan political crisis LIVE: Cong claims absolute majority in the state

Congress demands resignation of Union Minister Gajendra Shekhawat, alleges he conspired to topple party government in Rajasthan. Stay tuned for the latest news of the day

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MARKET LIVE: Indices likely to open lower; HDFC Bank, Glenmark in focus

Track all the market developments here

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MARKET LIVE: Indices likely to open lower; HDFC Bank, Glenmark in focus

Track all the market developments here

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Coronavirus LIVE: India sees over 40,000 cases in a day; tally past 1.1 mn

Coronavirus latest news: Total number of cases in India at 1,118,107. Maharashtra has 310,455 cases, Delhi 1,22,793, Tamil Nadu 1,70,693. Stay tuned for coronavirus LIVE updates

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'Embarrassed, disappointed' Twitter says last week's hack hit 130 accounts

Company says for up to eight accounts attackers also downloaded information through the Your Twitter Data tool

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New India Assurance audit qualifications lead to rating downgrade to B++

AM Best has downgraded New India's Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to BBB+ from A-

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Best of BS Opinion: Rise of online education, return of lockdowns, and more

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

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Intermittent lockdowns in states disrupt FMCG firms' momentum, July output

FMCG players had started to re-establish their supply chains in May and gradually ramped up as markets reopened, which had created some momentum

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With 'Hope Probe' UAE aims to be newest entrant in crowded Martian orbit

The Hope Probe aims to provide the first-ever planet-wide, 24x7 pictures of Mars' atmospheric dynamics and weather

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401 infra projects show cost overruns of Rs 4.02 trillion: Govt report

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

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Saturday, July 18, 2020

401 infra projects show cost overruns of Rs 4.02 trillion: Govt report

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

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Covid-19: AIIMS to start human clinical trial of Covaxin from Monday

Covaxin is being tested in 12 places, according to the Indian Council for Medical Research.

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Covid-19 exposing inequalities; world at 'breaking point': UN chief

Antonio Guterres calls out 'lies that free markets can deliver health care for all, fiction that unpaid care work is not work'

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Ram Temple Trust invites PM Modi to lay foundation stone on Aug 3rd or 5th

The foundation laying ceremony for the construction of Ram Temple in Ayodhya is likely to be held in the first week of August

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Scientists achieve major breakthrough in preserving integrity of sound waves

In a breakthrough experiment, physicist and engineers have shown that it is possible to limit the movement of sound to a single direction without interruption even when there are deformations along the pathway. The findings pave the way for technologies with more robust sound wave integrity and advances in ultrasound imaging, sonar, and electronic systems that use surface acoustic wave technology.

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Latest News LIVE: 105 dead in Assam flood, over 2.7 million people affected

At least 2,678 villages are under water, the bulletin said, adding that 1,16,404 hectares of crop areas have been damaged by the deluge across the state

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Coronavirus LIVE: Indian records over 37,000 new cases, tally at 1,077,864

Coronavirus latest news: With a massive 1,667 cases in a single day, the count of positive cases reached 24,967 in Bihar.

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Cannabis shows potential for mitigating sickle cell disease pain

Cannabis appears to be a safe and potentially effective treatment for the chronic pain that afflicts people with sickle cell disease, according to a new clinical trial.

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Synapse-saving proteins discovered, opening possibilities in Alzheimer's, schizophrenia

Loss of synapses is a contributing factor to Alzheimer's disease and schizophrenia. Researchers discovered a class of proteins that inhibit synapse elimination, opening possibilities for novel therapies for the two diseases.

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Study reveals intricate details about Huntington's disease protein

The research focuses on axonal transport -- the way in which vital materials travel along pathways called axons inside nerve cells, or neurons. Scientists found that HTT sometimes journeys along these roadways in cellular vehicles (called vesicles) that also carry freight including a protein called Rab4. The research also identified other materials that may be present in these shipments.

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Pesticides speed the spread of deadly waterborne pathogens

Widespread use of pesticides can speed the transmission of the debilitating disease schistosomiasis, while also upsetting the ecological balances in aquatic environments that prevent infections, finds a new study. The infection, which can trigger lifelong liver and kidney damage, affects hundreds of millions of people every year and is second only to malaria among parasitic diseases, in terms of its global impact on human health.

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Turmeric could have antiviral properties

Curcumin, a natural compound found in the spice turmeric, could help eliminate certain viruses, research has found. A study showed that curcumin can prevent Transmissible gastroenteritis virus (TGEV) - an alpha-group coronavirus that infects pigs - from infecting cells. At higher doses, the compound was also found to kill virus particles.

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Predicting your personality from your smartphone data

Everyone who uses a smartphone unavoidably generates masses of digital data that are accessible to others, and these data provide clues to the user's personality. Psychologists are now studying how revealing these clues are.

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Researchers create a roadmap to better multivalent batteries

Lithium-ion batteries power everything from mobile phones to laptop computers and electric vehicles, but demand is growing for less expensive and more readily available alternatives. The top candidates all hold promise, but researchers report that steep challenges remain.

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Atomtronic device could probe boundary between quantum, everyday worlds

A new device that relies on flowing clouds of ultracold atoms promises potential tests of the intersection between the weirdness of the quantum world and the familiarity of the macroscopic world we experience every day.

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Predicting your personality from your smartphone data

Everyone who uses a smartphone unavoidably generates masses of digital data that are accessible to others, and these data provide clues to the user's personality. Psychologists are now studying how revealing these clues are.

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New technology speeds up organic data transfer

An international research team developed visible light communication (VLC) setup capable of a data rate of 2.2 Mb/s by employing a new type of organic light-emitting diodes (OLEDs).

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Chemical thermometers take temperature to the nanometric scale

Scientists recently developed molecular films that can measure the operating temperature of electronic components on a nanometric scale. These patented temperature-sensitive molecules have the distinctive quality of being extremely stable, even after millions of uses. They could soon be deployed in the microelectronics industry.

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The secret to renewable solar fuels is an off-and-on again relationship

Copper that was once bound with oxygen is better at converting CO2 into renewable fuels than copper that was never bound to oxygen, according to scientists.

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Researchers solve a long-standing problem in organic chemistry

Chemists have for a long time been interested in efficiently constructing polyenes - not least in order to be able to use them for future biomedical applications. However, such designs are currently neither simple nor inexpensive. Scientists have now found a bio-inspired solution to the problem.

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Indian Bank to focus on consolidation and profitability, says MD & CEO

The amalgamation of Allahabad Bank into Indian Bank has placed Indian Bank as the seventh-largest bank in India

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Friday, July 17, 2020

Andrew Palmer joins Optare Plc as non-executive chairman: Ashok Leyland

Palmer will be taking over from John Fickling, who is stepping down as Chairman due to personal reasons

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ICICI Lombard Q1 net profit up 28% at Rs 398 cr but GDPI dips 5.3%

The combined ratio stood at 99.7 per cent compared to 100.4 per cent in the same period, primarily driven by Covid-19 pandemic despite losses incurred due to catastrophic events

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Clothing retailers defer new launches over lower demand amid coronavirus

Large retailers like Big Bazaar, FBB and Cantabil have opened their selective stores with 'no exchange, no return' policy

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Spouses, dependents of H-1B visa holders in India can fly back to the US

The new development exempts them from the June 22 order that suspended non-immigrant visas over the ongoing economic crisis

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LIVE: SanjayJain arrested over alleged plot to topple Rajasthan govt

SOG of Rajasthan Police has arrested Sanjay Jain whose name had surfaced in a viral audio recording about horse trading. Stay tuned for the latest news of the day

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World Coronavirus Dispatch: US sets record with 77,000 new cases

Russian spies target vaccine research, Global air passenger slump to last until 2023, UK readies more funds for health sector and other pandemic-related news across the globe

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Growing confidence in Indian companies, US FDI crosses $40 bn: Report

Year to date investment from the US, including the recent ones, is over $40 billion

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Coronavirus LIVE: India cases at 1,040,457; global tally soars to 14.2 mn

Coronavirus latest news: Total number of cases in India at 1,040,457. Maharashtra has 2,92,589 cases, Delhi 1,20,107, Tamil Nadu 1,60,907. Stay tuned for coronavirus LIVE updates

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Gold price falls to Rs 48,900 per 10 gm, silver at Rs 53,810 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,700 per 10 gram, and in Chennai to Rs 46,850

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Best of BS Opinion: Singapore's spirit of democracy, Covid-19 crisis & more

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

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Disney, Apple and other firms pawns of China: Attorney General William Barr

Barr chided US companies for being too willing to take steps to ensure access to the large Chinese market

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RIL deploys Rs 35,000 crore from Jio stake sales into debt funds

The monies have been deployed into ultra-short and money-market funds, and others focused on debt with an average of three-to-five year maturities

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Trade surplus could be more a reason for alarm than rejoicing: Economists

They say the underlying cause could be a huge drop in demand, which is not good for economic growth

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Revamp of New Delhi, Mumbai stations on track, outlay pegged at Rs 6,600 cr

All these stations will have airport-like pre-determined user charges on passengers and visitors, as one of the main revenue streams for the concessionaire of the redeveloped stations

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New test offers clarity for couples struggling to conceive

A male fertility test could help predict which men might need treatment and which couples might have success with different forms of assisted reproduction.

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Potential treatment for rare degenerative disease

A pharmacology professor and her team have uncovered a mechanism driving a rare, lethal disease called Wolfram Syndrome and also a potential treatment.

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Beautyberry leaf extract restores drug's power to fight 'superbug'

Laboratory experiments showed that the plant compound works in combination with oxacillin to knock down the resistance to the drug of methicillin-resistant Staphylococcus aureus, or MRSA.

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Widely used blood test could advance heart failure treatment

Researchers have developed a new use for a common blood test, which could provide a potentially life-saving treatment for heart failure.

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Expand school digital literacy lessons to cover health technologies used by young people

Young people need more support to navigate the growing number of digital technologies which track and manage their health, say researchers.

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Rare mutation of TP53 gene leaves people at higher risk for multiple cancers

Researchers detail the potential implications of a specific TP53 mutation, including an association with a specific type of Li-Fraumeni syndrome, an inherited predisposition to a wide range of cancers.

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Not closing doors, India wants to be part of global supply chain: Goyal

He said that the bilateral trade between the two countries had crossed the $10 billion mark last year

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LIC expects steady growth in life insurance premiums by December quarter

The first quarter of FY21 was a rough one for life insures because NBP contracted 18.64 per cent to Rs 49,335 crore against Rs 60,637 crore in Q1FY20 due the lockdown.

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Thursday, July 16, 2020

SBI Cards trades higher for second straight day, nears record high

The stock was trading higher for the second straight day, up 3 per cent at Rs 738, on the BSE on Friday. It has surged 7 per cent in the last two days on the back of heavy volumes

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India, US likely to partner on 5G network: US-India Business Council head

Nisha Biswal said that US and India economic partnership has been one that has been growing in importance for both countries

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India, US likely to partner on 5G network: US-India Business Council head

Nisha Biswal said that US and India economic partnership has been one that has been growing in importance for both countries

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Roshni Nadar appointed HCL Tech chairperson, replaces father Shiv Nadar

IIFL Wealth Hurun rankings in 2019 estimated Roshni Nadar to be worth Rs 36,800 crore.

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Defence Minister Rajnath Singh arrives in Leh to carry out security review

Chief of Defence Staff Gen Bipin Rawat and Army chief Gen M M Naravane are accompanying Singh on the visit

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Here's a Bull Spread strategy for Cadila Healthcare by HDFC Securities

Long build up is seen in the Cadila Futures' where we have seen 6%(Prov) rise in the Open Interest with price moving up by 2%

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HDFC Bank Q1 preview: Moratorium to contain slippages; recovery trends eyed

For the Q1FY21, the bank is expected to report around 20 per cent year-on-year (YoY) growth in net profit. Besides, asset quality is seen stable owing to the moratorium being provided by the RBI

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Nifty outlook & stock calls by Anand Rathi: Buy Nestle, Muthoot Finance

Momentum oscillator MACD has provided a fresh buy crossover on Nestle's daily chart

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Rajasthan political crisis LIVE updates: CM Gehlot to address media shortly

Amid a political turmoil in Rajasthan, Chief Minister Ashok Gehlot has called a press conference at 9:30 am today. Stay tuned for the latest news of the day

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HDFC Bank Q1 preview: Moratorium to contain slippages; recovery trends eyed

For the Q1FY21, the bank is expected to report around 20 per cent year-on-year (YoY) growth in net profit. Besides, asset quality is seen stable owing to the moratorium being provided by the RBI

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Netflix names content chief Ted Sarandos co-CEO, forecasts weak Q3 growth

Netflix says it is looking to add 2.5 million new paid streaming customers around the world

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Britannia Q1 preview: Revenue may rise up to 22% on strong volume growth

The net profit of the company is estimated to jump up to 62 per cent year-on-year (YoY) owing to lower tax rate benefit.

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MARKET LIVE: SGX Nifty trades 60 pts up; Britannia, HCL Tech results today

Catch all the live market updates here

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Pakistan back in China's Belt and Road game with projects worth $11 bn

The Chinese financing has helped rid Pakistan of an electricity deficit that left exporters unable to meet orders and major cities without electricity for much of the day.

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Can Mukesh Ambani take on Chinese giants like Tencent, Huawei and Xiaomi?

Ambani dropped enough hints that last year's plan to sell 20 per cent of his mainstay oils-to-chemicals business to Saudi Aramco was now unlikely

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Some decontamination processes damage N95 face masks

Certain methods of decontaminating medical face masks for repeated use during the COVID-19 pandemic appear to damage the masks' integrity and protective function, according to new research.

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Dangerous parasite controls host cell to spread around body

Researchers have discovered new information about how a dangerous parasite takes control of a patient's cells as it spreads throughout their body, an important finding that could help in the development of new drugs to treat this infection.

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Vaccine additives can enhance immune flexibility -- Implications for flu and SARS-CoV-2

A vaccine additive known as an adjuvant can enhance responses to a vaccine containing the exotic avian flu virus H5N1, so that both rookie and veteran elements of the immune response are strengthened, according to a new study.

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Scientists uncover SARS-CoV-2-specific T cell immunity in recovered COVID-19 and SARS patients

The T cells, along with antibodies, are an integral part of the human immune response against viral infections due to their ability to directly target and kill infected cells. A Singapore study has uncovered the presence of virus-specific T cell immunity in people who recovered from COVID-19 and SARS, as well as some healthy study subjects who had never been infected by either virus.

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Social distancing and COVID-19: A law of diminishing returns

New modeling shows how social distancing could have better been implemented. The key? Longer periods of distancing would have helped -- but only to a point. More needed to be done.

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Research raises concerns about firearm access for people with dementia

New research looks at how caregivers address the issues of firearm safety when taking care of someone who has Alzheimer's Disease and Related Dementias (ADRD) and has access to a gun.

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Gold price dips to Rs 49,267 per 10 gram; silver at Rs 52,085 per kg

Price of 22-carat gold in New Delhi at Rs 47,950 per 10 gram

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Best of BS Opinion: A military set free, search for Covid-19 vaccine & more

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

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Wednesday, July 15, 2020

Credit-card sized tool provides new insights into how cancer cells invade host tissues

Researchers have developed a credit-card sized tool for growing cancer cells outside the human body, which they believe will enhance their understanding of breast cancer metastasis. The device reproduces various environments within the human body where breast cancer cells live. Studying the cells as they go through the process of invasion and metastasis could point the way toward new biomarkers and drugs to diagnose and treat cancer.

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Only a third of pediatricians fully follow guidelines on peanut allergy prevention

While 93 percent of U.S. pediatricians surveyed were aware of the national guidelines on peanut allergy prevention in infants, only 30 percent were fully implementing the recommended practices and 64 percent reported partial implementation, according to the study.

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Flipkart starts part payment method to reduce cancellations, order returns

Walmart-owned e-commerce firm says option would encourage pre-paid transactions and reduce cash on delivery

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'Bystander' Cs meet their match in gene-editing technique

Biomolecular engineers have developed new tools to increase the accuracy of CRISPR single-base editing to treat genetic diseases.

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Credit-card sized tool provides new insights into how cancer cells invade host tissues

Researchers have developed a credit-card sized tool for growing cancer cells outside the human body, which they believe will enhance their understanding of breast cancer metastasis. The device reproduces various environments within the human body where breast cancer cells live. Studying the cells as they go through the process of invasion and metastasis could point the way toward new biomarkers and drugs to diagnose and treat cancer.

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

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