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Tuesday, June 30, 2020

Railways to ply 700 more Mumbai local trains but not for general passengers

The trains will, however, only carry essential services personnel identified by the Maharashtra government

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Vodafone Idea loss grows to Rs 11,742 cr, says survival depends on SC order

Telecom company is estimated to have AGR-related dues of more than Rs 46,000 crore, posted a pre-tax loss of Rs 11,742 crore in fourth quarter FY 2020.

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Stocks to watch: Voda Idea, ONGC, Airtel, autos, HUL, JSPL, Future Grp stks

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

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California accuses Cisco of caste discrimination against Indian employee

Like other large Silicon Valley employers, Cisco's workforce includes thousands of Indian immigrants, most of whom were born Brahmins or other high castes

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Nifty outlook and stock pick by HDFC Securities: Buy SBI Life, JK Cements

It would be advisable to protect long positions in the Nifty with 10,200 stoploss. Above 10,410, Nifty could move towards 10,600 odd levels.

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Trading ideas by Religare Broking: Sell Hindalco, TVS Motor futures

TVS Motor's stock has failed to surpass the resistance zone of the long-term moving average on the daily chart

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COVID-19: Study shows virus can infect heart cells in lab dish

A new study shows that SARS-CoV-2, the virus that causes COVID-19 (coronavirus), can infect heart cells in a lab dish, indicating it may be possible for heart cells in COVID-19 patients to be directly infected by the virus.

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Carlyle Group to acquire 25% stake in Airtel's Data Centre business

The transaction is subject to the necessary regulatory approvals, including approval from the Competition Commission of India

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Carlyle Group to acquire 25% stake in Airtel's Data Centre business

The transaction is subject to the necessary regulatory approvals, including approval from the Competition Commission of India

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MARKET LIVE: SGX Nifty dips 40 pts; focus on macro data, auto sales nos

Catch all the live market updates here

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Latest News LIVE updates: EU to open borders to tourists from 14 nations

The Railways will expand its suburban services in Mumbai from today and run 350 trains each in the Central and Western Railway Zones. Stay tuned with Business Standard for the latest news of today

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Gold price today: Rs 48,559 per 10 gm; silver rises to 48,600 per kg

In New Delhi, gold price today of 22-carat gold declined Rs 150 per 10 gram to retail at Rs 47,100, while in Chennai it is Rs 180 less at Rs 46,270

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BookMyShow checks in to India's crowded streaming party with live events

Sunburn Home Festival, the virtual edition of the electronic dance music festival, is among the first events BookMyShow Online will stream live.

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Spider silk can create lenses useful for biological imaging

Spider silk is useful for a variety of biomedical applications: It exhibits mechanical properties superior to synthetic fibers for tissue engineering, and it is not toxic or harmful to living cells. One unexpected application for spider silk is its use in the creation of biocompatible lenses for biological imaging applications. Researchers now describe the feasibility of creating lenses capitalizing on the properties of natural spider silk material.

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Coronavirus LIVE: India cases rise to 585,792; global tally past 10.58 mn

Coronavirus latest news: Global tally of coronavirus cases is now 10,583,932, while more than 5.79 million have recovered, and 513,861 have died. Stay tuned for coronavirus LIVE updates

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BookMyShow checks in to India's crowded streaming party with live events

Sunburn Home Festival, the virtual edition of the electronic dance music festival, is among the first events BookMyShow Online will stream live.

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A revolutionary new treatment alternative to corneal transplantation

A new approach in ophthalmology that offers a revolutionary alternative to corneal transplantation has just been developed by researchers and clinicians in North America, Europe, and Oceania.

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Cartwheeling light reveals new optical phenomenon

Researchers have discovered details about a novel type of polarized-light matter interaction with light that literally turns end over end as it propagates from a source.

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No keys to the kingdom: New single sign-on algorithm provides superior privacy

Single sign-on systems (SSOs) allow us to login to multiple websites and applications using a single username and password combination. But these are third party systems usually handled by Big Tech companies who have been reported to gather and leak personal information without user consent. Now, researchers have developed a new and secure single sign-on algorithm that eliminates all these problems.

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Human-Artificial intelligence collaborations best for skin cancer diagnosis

Artificial intelligence (AI) improved skin cancer diagnostic accuracy when used in collaboration with human clinical checks.

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Best of BS Opinion: A govt in need of experts, making GST work, and more

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

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Lifting weights makes your nervous system stronger, too

Gym-goers may get frustrated when they don't see results from weightlifting right away, but their efforts are not in vain: the first few weeks of training strengthen the nervous system, not muscles.

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Mathematical noodling leads to new insights into an old fusion problem

Scientists have gained new insight into a common type of plasma hiccup that interferes with fusion reactions. These findings could help bring fusion energy closer to reality.

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Monday, June 29, 2020

MediaTek announces Helio G35, Helio G25 chips for budget gaming smartphones

MediaTek Helio G25 and Helio G35 include MediaTek HyperEngine game technology

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Have not shared any info of Indian users with Chinese govt: TikTok on ban

The app is not available for downloads on any official app distribution platform in India

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Have not shared any info of Indian users with Chinese govt: TikTok on ban

The app is not available for downloads on any official app distribution platform in India

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Govt eases air travel norms for persons recovered from coronavirus

The ministry said the rule was being updated so that cured people don't face hardship in travelling by flights

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Have not shared any info of Indian users with Chinese govt: TikTok on ban

The app is not available for downloads on any official app distribution platform in India

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Govt eases air travel norms for persons recovered from coronavirus

The ministry said the rule was being updated so that cured people don't face hardship in travelling by flights

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Tata Steel gains 4% after March quarter nos; other metal stocks rally too

The company's margin improved on the back of stronger performance in the early part of the quarter.

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Bharat Dynamics surges 16% as profit jumps 2-fold in Q4 to Rs 310 crore

The company's revenue from operations during the quarter under review rose 64 per cent to Rs 1,435 crore from Rs 877 crore in the corresponding quarter of the previous fiscal.

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Chinese apps banned in India: Know apps status, alternative apps, and more

MeitY put a ban on these apps and termed their usage 'prejudicial to sovereignty and integrity of India, defence of India, security of state and public order'

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AirAsia, GoAir eye revenue growth from charter flights amid Covid-19

Although limited in number, charters are lucrative for airlines

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Chinese apps banned in India: Know apps status, alternative apps, and more

MeitY put a ban on these apps and termed their usage 'prejudicial to sovereignty and integrity of India, defence of India, security of state and public order'

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Stocks to watch: Tata Steel, Voda Idea, Axis Bank, Tata Power, ONGC, telcos

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

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Gilead prices Covid-19 drug remdesivir at $2,340 in developed nations

Remdesivir is expected to be in high demand as one of the only treatments so far shown to alter the course of Covid-19

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Latest News LIVE updates: Assam flood situation worsens, death toll at 24

Prime Minister Narendra Modi will address the nation at 4 pm today. Stay tuned with Business Standard for the latest news of today

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'Worst is yet to come': WHO chief warns over coronavirus pandemic

It has now been six months since the first cases of a mysterious pneumonia-like illness were reported in Wuhan, China

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Two dead, four hospitalised after gas leakage at a Visakhapatnam firm

Two persons who died were workers and were present at the leakage site, said Uday Kumar, Inspector, Parwada Police Station

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Coronavirus LIVE: India cases jump to 567,536; global tally past 10.4 mn

Coronavirus latest news: Global coronavirus cases are at 10,402,640, while more than 5.65 million have recovered, and 507,518 have died. Stay tuned for coronavirus LIVE updates

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

Catch all the live market updates here

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

Catch all the live market updates here

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Goldman India CEO Chatterjee tells clients liquidity is the biggest theme

The Wall Street bank has arranged some of India's biggest equity offerings this year, according to data compiled by Bloomberg.

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HDFC Bank plans to raise Rs 50,000 crore through AT1, infra bonds

The bank has sought shareholders' approval to issue unsecured perpetual debt instruments (part of AT1 capital), and tier-II capital bonds.

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Gold price hovers at Rs 48,450 per 10 gm, silver climbs to Rs 48,500 a kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 47,250 per 10 gram, while in Chennai it is Rs 46,450

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Best of BS Opinion: Dealing with national crisis, protecting press freedom

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

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Sunday, June 28, 2020

ITC gains 4% after March quarter results; most brokerages maintain 'buy'

The company posted a 4.93 per cent decline in its revenue from operations at Rs 12,560.64 crore during the quarter.

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IDBI Bank gains 5%, hits 52-week high on plan to sell stake in insurance JV

IDBI Bank has 48 per cent stake in IDBI Federal Life Insurance, which started operations in 2008

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Stocks to watch: Piramal Enterprises, ITC, Tata Steel, Axis Bank, Bajaj Fin

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

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Bihar cancels 2 bridge companies contracts for having Chinese partners

The contractors were asked to change their partners before the cancellation of the contracts, but they couldn't

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Digital infra must increase access, affordability: Aadhaar chief architect

According to Varma, former chairman of Unique Identification Authority of India Nandan Nilekani had "explicitly recommended" PDS portability riding on Aadhaar

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Delhi govt extends form submission dates for girl child scheme benefits

In an order dated June 26, the Department of Women and Child Development said the dates for submission of forms for the two schemes has been extended till August 31

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Fuel prices: After 22 hikes, petrol now costs Rs 80.43, diesel Rs 80.53

Petrol price in the national capital was increased for the 22nd day by 5 paise to Rs 80.43 and diesel price by 13 paise to Rs 80.53.

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Shale pioneer Chesapeake Energy largest US oil producer to seek bankruptcy

The filing marks an end of an era for the Oklahoma City-based shale pioneer, and comes after months of negotiations with creditors

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US Fed invests $428 million in Walmart, oil firms, tobacco giant and others

WASHINGTON (Reuters) - The U.S. Federal Reserve bought $428 million in bonds of individual companies through mid-June, making investments in household names like Walmart and AT&T as well as in major oil firms, tobacco giant Philip Morris International Inc, and a utility subsidiary of billionaire Warren Buffett's Berkshire Hathaway holding company.

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Oil falls in second straight session as virus lockdown cools demand

Brent crude is set to end June with three consecutive monthly gains as OPEC supply cuts and as oil demand improved after countries across the globe eased lockdown measures

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Stock recommendations by Vaishali Parekh: Buy HDFC Bank, Tata Elxsi

The stock of HDFC Bank has moved past the barrier of 1,050 levels and has come into a new territory with positive bias

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Nifty likely to face resistance at 10,500 levels: CapitalVia Global

Market overview and technical calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

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DGCA's showcause notice to AirAsia India over 'safety norm violation'

A DGCA official said that the showcause notice has been served post the pilot's allegations

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

Catch all the live market updates here

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

Catch all the live market updates here

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France says no link between origin of Covid-19, China's Wuhan lab

France has supported a resolution brought up by the European Union to the World Health Assembly in May, which requested the World Health Organisation (WHO) to continue its work

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J-K: Three terrorists killed in encounter with security forces in Anantnag

The security forces launched a cordon and search operation at Khul Chohar in the south Kashmir district following information about the presence of militants in the area

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DGCA's showcause notice to AirAsia India over 'safety norm violation'

A DGCA official said that the showcause notice has been served post the pilot's allegations

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Starbucks latest to pause social media ads over call for Facebook's boycott

Starbucks is the latest company to say it will pause social media ads after a campaign led by civil rights organizations called for an ad boycott of Facebook, saying it doesn't do enough to stop racist and violent content. Starbucks said Sunday that its actions were not part of the #StopHateforProfit campaign, but that it is pausing its social ads while talking with civil rights organizations and its media partners about how to stop hate speech online. The coffee chain's announcement follows statements from Unilever, the European consumer-goods giant behind Ben & Jerry's ice cream and Dove soap; Coca-Cola; cellphone company Verizon and outdoors companies like Patagonia, Eddie Bauer and REI; film company Magnolia Pictures; jeans maker Levi's and dozens of smaller companies. Some of the companies will pause ads just on Facebook, while others will refrain from advertising more broadly on social media. In response to companies halting advertising, Facebook executive Carolyn Everson ...

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Top headlines: RBI's one-time recast plan, monetising fiscal deficit

From the possibility of RBI's one-time recast plan to be limited, RBI likely to monetise fiscal deficit in second-half of FY21, a glance at GST's completion of 3 years tomorrow, here are the top news

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Coronavirus LIVE: India cases jump to 549,197; global tally past 10.24 mn

Coronavirus latest news: Global coronavirus cases are now at 10,242,888. While more than 5.5 million have recovered, 504,366 have died so far. Stay tuned for coronavirus LIVE updates

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Gold price jumps to Rs 48,410 per 10 gm, silver at Rs 48,110 per kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 47,210 per 10 gram, while in Chennai it is Rs 46,410

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Best of BS Opinion: Preventing polluted planet, making racism debate matter

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

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China top buyer of Indian steel under lockdown, accounts for 48% exports

Icra says in first two months of the current fiscal, Indian finished steel exports grew 76% YoY, and that China alone accounted for close to 60 per cent of this increase

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Realme Watch review: Feature-loaded budget smartwatch marred by a weak app

Priced at Rs 3,999, the Realme Watch is basically a health-and-fitness tracker doubling up as a smartwatch

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Discoms' outstanding dues to power gencos rise 63% to Rs 1.23 trn in April

Power producers give 60 days to discoms for paying bills for the supply of electricity. After that, outstanding dues become overdue and generators charge penal interest on that in most cases

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World Coronavirus Dispatch: Some states in US are bringing back curbs

2.2 million restaurants worldwide on brink of collapse, No shows in London theatres till 2021, lessons for doctor, and other pandemic-related news from across the globe

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China top buyer of Indian steel under lockdown, accounts for 48% exports

Icra says in first two months of the current fiscal, Indian finished steel exports grew 76% YoY, and that China alone accounted for close to 60 per cent of this increase

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Delhi will not have 500k cases by July, Sisodia's remark created fear: Shah

He also says there is no community transmission of the disease in the national capital

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Discoms' outstanding dues to power gencos rise 63% to Rs 1.23 trn in April

Power producers give 60 days to discoms for paying bills for the supply of electricity. After that, outstanding dues become overdue and generators charge penal interest on that in most cases

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Govt, companies, workers should work together to spur growth: Trade Unions

Indian National Trade Union Congress (INTUC) president Dr G Sanjeeva Reddy stressed on the need to consider workers as social partners

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Two in five Indian-Americans worried about financial stability: Survey

FIIDS conducted the survey of Indo-Americans to find out the impact of the Covid-19 on them and the community's response

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Unlock 1.0: After 3-month selling streak, FPIs invest Rs 21,235 cr in June

Earlier, foreign investors remained net sellers for three consecutive months. They pulled out a net Rs 7,366 crore in May, Rs 15,403 crore in April and a record Rs 1.1 trillion in March

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India among top 3 nations getting Swiss info on bank accounts: Group

India rated as 'largely compliant' on transparency and exchange of information for tax purposes.

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Unlock 1.0: After 3-month selling streak, FPIs invest Rs 21,235 cr in June

Earlier, foreign investors remained net sellers for three consecutive months. They pulled out a net Rs 7,366 crore in May, Rs 15,403 crore in April and a record Rs 1.1 trillion in March

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India among top 3 nations getting Swiss info on bank accounts: Group

India rated as 'largely compliant' on transparency and exchange of information for tax purposes.

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Make Indian manufacturing competitive to curb Chinese imports: R C Bhargava

He also called for a comprehensive understanding of the circumstances and taking informed decisions on the pros and cons of importing from China before being swayed by sentiments

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Highest single-day spike of nearly 20k Covid cases, India tally at 528,859

This is the fifth consecutive day that coronavirus infections have increased by more than 15,000 cases

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India gave 'befitting reply' to those who coveted its territory: PM

"India bows to our brave martyrs. They have always kept Indian safe-their valour always be remembered," he said

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Oil companies pause after hiking petrol, diesel prices for 21 days straight

On June 27, price of petrol was increased by Rs 0.25 per litre while that of diesel by Rs 0.21 per litre. Rates differ from state to state, depending on value-added tax (VAT)

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Saturday, June 27, 2020

Make Indian manufacturing competitive to curb Chinese imports: R C Bhargava

He also called for a comprehensive understanding of the circumstances and taking informed decisions on the pros and cons of importing from China before being swayed by sentiments

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Rajasthan cops charge Ramdev, Patanjali MD with cheating for Covid-19 drug

Haridwar-based Patanjali Ayurved on Tuesday launched "Coronil", claiming it can cure COVID-19

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Death rate shows India's coronavirus response a success, says PM Modi

Rate of fatalities in India is less than 12, says the Prime Minister in speech to Indian American physicians.

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Oil companies pause after hiking petrol, diesel prices for 21 days straight

On June 27, price of petrol was increased by Rs 0.25 per litre while that of diesel by Rs 0.21 per litre. Rates differ from state to state, depending on value-added tax (VAT)

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Princeton to remove Woodrow Wilson name from public policy school

Wilson, who was US president from 1913 to 1921, supported segregation and imposed it on several federal agencies not racially divided up to that point.

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IITs consider shifting classes online after Bombay makes first move

Some in fact, have already moved at least few courses online

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Continued decline in all-India power demand affecting thermal PLFs: Ind-Ra

Electricity generation (excluding renewables) also decreased 17.7 per cent to 96.3 billion units in May

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Blanket exemption from fees for late GST payments unfair, says CBIC

The CBIC said a blanket exemption of late fee would be unfair towards taxpayers who filed their February, March and April GST sales returns within the extended due date

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Carlyle Group to buy 20% stake in Piramal Pharma for over Rs 3,700 cr

US-based Carlyle Group Inc will pick up a 20% stake in Piramal Pharma for around $490 million (over Rs 3,700 crore), Piramal Enterprises said on Saturday

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IMF says coronavirus crisis could ultimately test $1 trillion war chest

The IMF on Tuesday forecast a deeper global recession than initially anticipated, as business closures, travel restrictions and social distancing measures persist in most countries

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President promulgates ordinance to bring co-operative banks under RBI

The amendments do not affect existing powers of the State Registrars of Co-operative Societies under state co-operative laws

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Carlyle Group to buy 20% stake in Piramal Pharma for over Rs 3,700 cr

US-based Carlyle Group Inc will pick up a 20% stake in Piramal Pharma for around $490 million (over Rs 3,700 crore), Piramal Enterprises said on Saturday

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Locust attack LIVE: Residents asked to make noise as swarms reach Gurgaon

GoM meeting on coronavirus to be held today. Petrol and diesel prices have been hike yet again. Stay tuned with Business Standard for the latest news of today

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Friday, June 26, 2020

Obscure Indian cyber firm BellTroX spied on politicians, investors globally

New Delhi-based BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the US

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Obscure Indian cyber firm BellTroX spied on politicians, investors globally

New Delhi-based BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the US

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Fuel prices today: Petrol now costs Rs 80.38 per litre, diesel Rs 80.40

After 21st straight daily hike, the price of petrol in Mumbai hit Rs 87.14 a litre, and diesel went up to Rs 78.71 a litre. In Kolkata, the prices were at Rs 82.05 and Rs 75.52 a litre, respectively

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Fuel prices today: Petrol now costs Rs 80.38 per litre, diesel Rs 80.40

After 21st straight daily hike, the price of petrol in Mumbai hit Rs 87.14 a litre, and diesel went up to Rs 78.71 a litre. In Kolkata, the prices were at Rs 82.05 and Rs 75.52 a litre, respectively

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Oil price settles lower on rise in new coronavirus cases in US and China

The global economic outlook has also worsened or at best stayed about the same in the past month

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Facing ad boycotts, Facebook to label all rule-breaking posts, even Trump's

A Facebook spokeswoman confirmed its new policy would have meant attaching a link on voting information to US President Donald Trump's post last month about mail-in ballots

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After HUL, now L'Oreal to also drop 'fair' and 'white' from skincare brands

L'Oreal's products include Garnier Skin Naturals White Complete Multi Action Fairness Cream

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Facing ad boycotts, Facebook to label all rule-breaking posts, even Trump's

A Facebook spokeswoman confirmed its new policy would have meant attaching a link on voting information to US President Donald Trump's post last month about mail-in ballots

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No oil flow from Baghjan gas well site to water bodies, assures OIL

PSU major Oil India Limited has said that no oil is flowing into water bodies from a gas well in Assam's Baghjan following a blowout last month

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After HUL, now L'Oreal to also drop 'fair' and 'white' from skincare brands

L'Oreal's products include Garnier Skin Naturals White Complete Multi Action Fairness Cream

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Facing ad boycotts, Facebook to label all rule-breaking posts, even Trump's

A Facebook spokeswoman confirmed its new policy would have meant attaching a link on voting information to US President Donald Trump's post last month about mail-in ballots

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India's forex reserves decline by over $2 bn; SDR value dips by $6 mn

India's foreign exchange reserves fell by $2.078 billion during the week ended June 19

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Dispassionate scrutiny, reform of multilateral entities needed: Jaishankar

Jaishankar underlined that the world stands at a transformative moment and is facing a two-pronged attack - a pandemic and misinformation going viral

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Coronavirus LIVE: India cases rise to 509,446; global tally past 9.9 mn

Coronavirus latest news: Global coronavirus cases are nearing the 10-million mark, while more than 5.3 million have recovered, and more than 496,800 have died. Stay tuned for coronavirus LIVE updates

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Gold price today falls to Rs 47,900 per 10 gm, silver at Rs 47,700 per kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 46,700 per 10 gram, while in Chennai it is Rs 46,180

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Best of BS Opinion: Art of threatening war, nepotism in Bollywood, and more

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

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Thursday, June 25, 2020

Global equity markets are likely to continue their up move: Chris Wood

Most analysts agree that the road ahead for the markets will depend on how the government and other policymakers - in India and other countries - adopt measures to combat this crisis.

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Petrol crosses Rs 80 mark in 20th hike, diesel jumps to Rs 80.19 a litre

In Mumbai, the price of petrol touched Rs 86.91 a litre and diesel went up to Rs 78.51 a litre. In Kolkata, the prices were at Rs 81.82 a litre

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Stocks to watch: ITC, Ashok Leyland, RIL, CIL, Glenmark Pharma, BOI, CONCOR

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

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Why India's automobile, pharma sectors are not ready to wean off China

India relies on China for products such as electronic components and drug ingredients because it cannot make them or source them elsewhere as cheap.

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Trading strategies for Gold and Natural Gas by Tradebulls Securities

There is no divergence in Gold and prices are comfortably trading above its all-important moving average

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Why India's automobile, pharma sectors are not ready to wean off China

India relies on China for products such as electronic components and drug ingredients because it cannot make them or source them elsewhere as cheap.

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Nifty outlook & stock calls by Anand Rathi: Sell BPCL, Buy Mphasis

Mphasis' stock has provided breakout from a consolidation zone

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Liverpool crowned Premier League champions for first time after Chelsea win

Despite the Covid-19 pandemic forcing a three-month suspension of the season and delaying Liverpool's coronation, they have won the title with a record seven games to spare

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Here's a Bull Spread strategy for Tata Chemicals by HDFC Securities

Primary trend of the stock is positive where it is trading above its 200-day SMA.

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US shifting force to face Chinese threat to India, CCP rogue actor: Pompeo

Pompeo made the remarks in response to a question at the Brussels Forum that he had addressed virtually

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Latest news: US Senate passes new sanctions to punish China over Hong Kong

PM Modi will launch 'Atma Nirbhar Uttar Pradesh Rozgar Abhiyan'. RBI to hold virtual board meeting. Stay tuned with Business Standard for the latest news of today

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MARKET LIVE: SGX Nifty indicates a positive start for benchmark indices

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MARKET LIVE: SGX Nifty indicates a positive start for benchmark indices

Catch all the live market updates here

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PM Modi to launch 'Atma Nirbhar Uttar Pradesh Rojgar Abhiyan' today

Prime Minister Narendra Modi is set to launch the Atma Nirbhar Uttar Pradesh Rojgar Abhiyan at 11 am through video conferencing in the presence of Chief Minister Yogi Adityanath

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No reason for a country to include coal in Covid-19 recovery plan: UN Chief

A week after India launched the auction process for coal blocks for commercial mining, UN Secretary General Antonio Guterres said investments should instead be made in non-polluting energy sources

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Coronavirus LIVE: India cases rise to 491,170; global tally past 9.7 mn

Coronavirus latest news: Delhi recorded 3,390 fresh coronavirus cases today, taking the Covid-19 tally in the city to 73,780. Stay tuned for coronavirus LIVE updates

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Gold price today at Rs 48,060 per 10 gm, silver falls to Rs 47,600 per kg

In New Delhi, gold price today of 22-carat gold is holding steady at Rs 46,810 per 10 gram, while in Chennai it is Rs 46,170

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Unexpected mental illnesses found in a spectrum of a rare genetic disorder

Researchers found an unexpected spectrum of mental illnesses in patients with a rare gene mutation. These patients had a ''double hit'' condition that combined features and symptoms of fragile X syndrome and premutation disorder, in addition to a range of psychiatric symptoms. The findings revealed the need for clinicians to consider the complexities of the co-existing conditions of patients with both psychological and fragile X associated disorders.

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Quantum entanglement demonstrated aboard orbiting CubeSat

In a critical step toward creating a global quantum communications network, researchers have generated and detected quantum entanglement onboard a CubeSat nanosatellite weighing less than 2.6 kilograms and orbiting the Earth.

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New insights into the energy levels in quantum dots

Researchers have gained new insights into the energy states of quantum dots. They are semiconductor nanostructures and promising building blocks for quantum communication. With their experiments, the scientists confirmed certain energy transitions in quantum dots that had previously only been predicted theoretically: the so-called radiative Auger process.

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Steep NYC traffic toll would reduce gridlock, pollution

Research shows that by creating steep tolls for cars to enter Manhattan, traffic congestion and greenhouse gas emissions could be reduced.

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Scientists develop new tool to design better fusion devices

One way that scientists seek to bring to Earth the fusion process that powers the stars is trapping plasma within a twisting magnetic coil device shaped like a breakfast cruller. But the device, called a stellarator, must be precisely engineered to prevent heat from escaping the plasma core where it stokes the fusion reactions. Now, researchers have demonstrated that an advanced computer code could help design stellarators that confine the essential heat more effectively.

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Best of BS Opinion: The myth of rational voter, the lost republic, and more

Business Standard opinion pieces of the day talk about India's economic response to China among other issues

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Wednesday, June 24, 2020

Coronavirus LIVE: India records 16,922 cases in a day; tally hits 4,73,105

Coronavirus latest news: Delhi's total number of Covid-19 cases has crossed the 70,000 mark, and Maharashtra's tally has risen to 142,000

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Diesel crosses Rs 80-mark in Delhi for first time; petrol up by 16 paise

Diesel price continued to be higher in the city for the second consecutive day

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Former Grab employees' start-up Nextbillionai raises $7 mn in funding

Company has launched an AI-driven mapping solution that customises APIs based on the size of the vehicles.

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Diesel crosses Rs 80-mark in Delhi for first time; petrol up by 16 paise

Diesel price continued to be higher in the city for the second consecutive day

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Former Grab employees' start-up Nextbillionai raises $7 mn in funding

Company has launched an AI-driven mapping solution that customises APIs based on the size of the vehicles.

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Nifty outlook & stock calls by CapitalVia: Buy Affle India, Hexaware Tech

As per monthly option data, handful of call writing on higher strikes ranging from 10,400 to 10,600 is seen which shows Nifty might witness resistance in sub-zone of 10,500.

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Pompeo declares Reliance Jio 'clean' for spurning Huawei telecom gear

Reliance Industries Chairman Mukesh Ambani had told US President Donald Trump during his February visit to India that Jio was the only network in the world to not have a single Chinese component

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MARKET LIVE: SGX Nifty drops 100 pts as IMF lowers global growth outlook

Catch all the live market updates here

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MARKET LIVE: SGX Nifty drops 100 pts as IMF lowers global growth outlook

Catch all the live market updates here

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Sebi comes up with guidelines on order-to-trade ratio for algo trading

In a circular, the Securities and Exchange Board of India (Sebi) said it has decided to modify existing OTR framework after receiving requests from the stock exchanges

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Inflammatory bowel disease linked to doubling in dementia risk

Inflammatory bowel disease (IBD), which includes ulcerative colitis and Crohn's disease, is linked to a more than doubling in the risk of developing dementia, finds new research.

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Simple device monitors health using sweat

A device that monitors health conditions in the body using a person's sweat has been developed.

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Air pollution major risk for cardiovascular disease regardless of country income

From low-income countries to high-income countries, long-term exposure to fine particulate outdoor air pollution is a major contributor to cardiovascular disease and death, a new study found. But even small reductions in air pollution levels can result in a reduction of disease risk.

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Plug-and-play lens simplifies adaptive optics for microscopy

Researchers have developed a new plug-and-play device that can add adaptive optics correction to commercial optical microscopes. Adaptive optics can greatly improve the quality of images acquired deep into biological samples, but has, until now, been extremely complex to implement.

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Better way to keep birds from hitting power lines

Suspended, rotating devices known as ''flappers'' may be the key to fewer birds flying into power lines, a new study suggests.

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Using chaos as a tool, scientists discover new method of making 3D-heterostructures

Scientists have developed a new approach for generating layered, difficult-to-combine, heterostructured solids.

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Introducing a new isotope: Mendelevium-244

A team of scientists has discovered a new form of the human-made element mendelevium. The newly created isotope, mendelevium-244, is the 17th and lightest form of the element, which was first discovered in 1955.

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Simple device monitors health using sweat

A device that monitors health conditions in the body using a person's sweat has been developed.

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Research determines financial benefit from driving electric vehicles

Motorists can save as much as $14,500 on fuel costs over 15 years by driving an electric vehicle instead of a similar one fueled by gasoline, according to a new analysis.

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Gold prices today: Rs 48,575 per 10 gm; silver falls to Rs 48,505

In New Delhi, the price of 22-carat gold is about Rs 47,050 per 10 gram, while price of 24-carat is retailing at Rs 48,250 today

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Bedtime media use linked to less sleep in children who struggle to self-regulate behavior

Researchers followed 547 children for a week and measured their media use and sleep patterns. For children who generally struggle to self-regulate their behavior, screen time in the hour before bed was associated with less sleep. Media use in children who scored high on measures of effortful control was not related to less sleep.

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Hot ring produces microwave-powered ultrasound pulses wirelessly

Scientists have developed a wireless ultrasound transducer that is efficiently excited by microwaves. The result is a simple oil-filled patch that can be placed anywhere on the body.

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Best of BS Opinion: Managing bad loans, Patanjali's Covid vaccine, and more

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

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Tuesday, June 23, 2020

Hinduja brothers battle for 16 billion pound family assets in UK high court

The letter includes statements to the effect that the brothers appoint each other as their executors, and that assets held in any single brother's name belong to all four

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Scientists use protein, RNA to make hollow, spherical sacks called vesicles

Using protein and RNA, scientists have created hollow, spherical sacks known as vesicles. These bubble-like entities -- which form spontaneously when specific protein and RNA molecules are mixed in an aqueous buffer solution -- hold potential as biological storage compartments. They could serve as an alternative to traditional vesicles that are made from water-insoluble organic compounds called lipids, researchers say.

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OnePlus goes back to making affordable smartphones, launch set for July

The upcoming phone will be a part of company's new smartphone series, which will coexist with company's premium smartphone line-up

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Stocks to watch: Embassy REIT, Asian Paints, IOC, GAIL, Wipro, Adani Power

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

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Role-play shows which expectant dads will thrive as new fathers

A five-minute role-play done with men before the birth of their first child predicted the quality of their parenting after the baby arrived, a new study showed.

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Gear treated with 'forever chemicals' poses risk to firefighters

Researchers tested more than 30 samples of used and unused PPE from six specialty textile manufacturers in the United States and found them to be treated extensively with PFAS or constructed with fluoropolymers, a type of PFAS used to make textiles oil and water resistant.

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Scientists use protein, RNA to make hollow, spherical sacks called vesicles

Using protein and RNA, scientists have created hollow, spherical sacks known as vesicles. These bubble-like entities -- which form spontaneously when specific protein and RNA molecules are mixed in an aqueous buffer solution -- hold potential as biological storage compartments. They could serve as an alternative to traditional vesicles that are made from water-insoluble organic compounds called lipids, researchers say.

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OnePlus goes back to making affordable smartphones, launch set for July

The upcoming phone will be a part of company's new smartphone series, which will coexist with company's premium smartphone line-up

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Google adds 'Fact-Checked' labels for search images to limit misinformation

Google used these fact-checking labels for years in its main search results and on video-streaming site YouTube

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Google adds 'Fact-Checked' labels for search images to limit misinformation

Google used these fact-checking labels for years in its main search results and on video-streaming site YouTube

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Laser allows solid-state refrigeration of a semiconductor material

A team used an infrared laser to cool a solid semiconductor by at least 20 degrees C, or 36 F, below room temperature.

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Deep drone acrobatics

A navigation algorithm enables drones to learn challenging acrobatic maneuvers. Autonomous quadcopters can be trained using simulations to increase their speed, agility and efficiency, which benefits conventional search and rescue operations.

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Gear treated with 'forever chemicals' poses risk to firefighters

Researchers tested more than 30 samples of used and unused PPE from six specialty textile manufacturers in the United States and found them to be treated extensively with PFAS or constructed with fluoropolymers, a type of PFAS used to make textiles oil and water resistant.

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Nifty is headed towards 10,900, says Vinay Rajani of HDFC Securities

The support for Bank Nifty is seen at 21,500, while Nifty has got support at 10,300.

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India to withdraw 55 officials from Islamabad, downgrades diplomatic ties

India had announced its decision to reduce the staff strength in the Pakistan High Commission in New Delhi by 50 per cent and reciprocally reduce its own presence in Islamabad to the same proportion

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MARKET LIVE: SGX Nifty suggests a lower start; Asian Paints in focus

Catch all the live market updates here

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MARKET LIVE: SGX Nifty suggests a lower start; Asian Paints in focus

Catch all the live market updates here

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UN chief criticises lack of international cooperation in tackling Covid-19

Covid-19 started in China, moved to Europe, then to North America and now to South America, Africa and India, he said

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Latest News LIVE updates: India, China to discuss border tensions today

The Working Mechanism for Consultation and Coordination on India-China Border Affairs is likely to discuss border tensions between the two countries

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Coronavirus LIVE: India cases rise to 456,115; global tally at 9,352,696

Coronavirus latest news: Delhi's total number of Covid-19 cases has crossed the 66,000-mark. Meanwhile, Maharashtra's tally has risen to 139,010

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Best of BS Opinion: Jobs for migrant workers, visa politics, and more

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

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Recovery from airline delays works best with future disruptions in mind

Instead of responding to each flight delay as if it were an isolated event, airlines should consider the likelihood of potential disruptions ahead, researchers report. They developed a new approach that allows airlines to respond to flight delays and cancellations while also incorporating information about likely disruptions later the same day.

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Washing away stubborn biofilms using fungal cleaning products

Growing inside pipes and on the surfaces of medical devices, bacterial biofilms cause major headaches for the food processing industry and healthcare professionals alike. Within biofilms, bacteria are protected from chemicals and antibiotics and can be almost impossible to eliminate. But researchers have shown that enzymes produced by yeasts, called biosurfactants, can dissolve stubborn biofilms and boost the efficacy of current chemical treatments, lessening their toxicity and environmental impacts.

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Monday, June 22, 2020

Coronavirus LIVE: India tally jumps to 440,450; global cases at 9,185,974

Coronavirus latest news: Country-wise, the United States continues to remain the worst-hit with 2,388,153 cases and 122,247 deaths, followed by Brazil, Russia and India

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Patanjali to launch ayurvedic drug for Covid-19, claims cure within 14 days

Balkrishna had earlier this month claimed that an Ayurvedic medicine developed by the company has been able to cure Covid-19 patients within 5-14 days

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US H1-B visa ban: Who is affected by Trump's new rules on work visas?

The effects of the proclamation may not be immediately felt as the issuance of work visas had already dramatically declined due to the coronavirus pandemic

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Covid-19 impact: Asia's stock analysts are lifting price targets again

Analysts have been revising their 12-month price targets higher for members in the MSCI Asia Pacific Index since early June

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Tech stocks lift Wall Street as worries over rising coronavirus cases mount

The World Health Organization reported a record rise in global coronavirus cases on Sunday, driving demand for perceived safe-havens, including gold and longer-term US Treasuries.

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Apple WWDC 2020: iOS 14, macOS Big Sur, other announcements at keynote event

The Apple WWDC 2020 keynote event had a rich assortment of announcements. Here are the key announcements from the WWDC 2020 keynote session

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Patanjali to launch ayurvedic drug for Covid-19, claims cure within 14 days

Balkrishna had earlier this month claimed that an Ayurvedic medicine developed by the company has been able to cure Covid-19 patients within 5-14 days

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Gilead aims remdesivir supply for 2 million Covid-19 patients by year-end

The company also said it hoped to start trials in August of an easier-to-use inhaled version of the medicine, currently administered only intravenously

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Trump blocks H1B visa; businesses say decision will hurt US recovery

Trump also blocked those entering on H-2B seasonal worker visas, which are used by landscapers and other industries

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Apple WWDC 2020: iOS 14, macOS Big Sur, other announcements at keynote event

The Apple WWDC 2020 keynote event had a rich assortment of announcements. Here are the key announcements from the WWDC 2020 keynote session

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Gold price today at Rs 48,190 per 10 gm, silver at Rs 48,800 per kg

In New Delhi, the price of 22-carat gold is holding steady at Rs 47,000 per 10 gram, while in Chennai it is Rs 46,290

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Decline in green energy spending might offset COVID-era emissions benefits

Researchers have documented short-term environmental benefits during the COVID-19-related lockdown, but that silver lining could be far outweighed by a long-term decline on clean energy investments, a new study finds.

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Immune cells infiltrating tumors may play bigger cancer role than previously thought

Researchers uncovered in mice how a molecule involved in cells' response to stress determines whether macrophages promote inflammation in the tumor microenvironment. Inflammation is known to promote tumor growth, making this molecule an attractive target for drug development.

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Critically ill COVID-19 patients are 10 times more likely to develop cardiac arrhythmias

Patients with COVID-19 who were admitted to an intensive care unit were 10 times more likely than other hospitalized COVID-19 patients to suffer cardiac arrest or heart rhythm disorders, according to a new study.

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Decline in green energy spending might offset COVID-era emissions benefits

Researchers have documented short-term environmental benefits during the COVID-19-related lockdown, but that silver lining could be far outweighed by a long-term decline on clean energy investments, a new study finds.

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Fluorocarbon bonds are no match for light-powered nanocatalyst

Engineers have created a light-powered catalyst that can break the strong chemical bonds in fluorocarbons, a group of synthetic materials that includes persistent environmental pollutants.

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Nanoplastics accumulate in land-plant tissues

As concern grows among environmentalists and consumers about micro- and nanoplastics in the oceans and in seafood, they are increasingly studied in marine environments. But little was known about nanoplastics in agricultural soils. Researchers now have direct evidence that nanoplastics are internalized by terrestrial plants.

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Oil forecasting technique adapted for spreadsheets may cut shale operator costs

Porous rock containing oil and natural gas are buried so deep inside the earth that shale operators rely on complex models of the underground environment to estimate fossil fuel recovery. These simulations are notoriously complex, requiring highly-skilled operators to run them. These factors indirectly impact the cost of shale oil production and ultimately, how much consumers pay for their fuel.

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Geometry of intricately fabricated glass makes light trap itself

Laser light traveling through ornately microfabricated glass has been shown to interact with itself to form self-sustaining wave patterns called solitons.

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New design for 'optical ruler' could revolutionize clocks, telescopes, telecommunications

Just as a meter stick with hundreds of tick marks can be used to measure distances with great precision, a device known as a laser frequency comb, with its hundreds of evenly spaced, sharply defined frequencies, can be used to measure the colors of light waves with great precision.

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Best of BS Opinion: Unemployment rate dips, Covid-19 testing lags, and more

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

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Donald Trump issues proclamation to suspend H-1B, other visas till year end

Trump said the step was essential to help millions of Americans who have lost their jobs due to the current economic crisis

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Lending to real estate in India declined by 46% in FY20, shows data

MMR, NCR and Bengaluru remain exposed to 80 per cent of the Rs 8.1 trillion real estate loan book, report shows

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Reliance Industries becomes first Indian firm to hit $150 bn market cap

Reliance Industries on Friday became the first Indian company to cross the Rs 11 trillion market valuation mark

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Reliance Industries becomes first Indian firm to hit $150 bn market cap

Reliance Industries on Friday became the first Indian company to cross the Rs 11 trillion market valuation mark

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Cipla hits 52-wk high on launch of generic remdesivir for Covid-19 patients

Remdesivir is the only USFDA approved emergency use authorization treatment in severe (hospitalised) Covid-19 patients.

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Sunday, June 21, 2020

Apple WWDC 2020 starts today: Keynote live stream, event timings, and more

The Apple WWDC 2020 special event keynote will stream live at 10:30 pm (IST)

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Apple WWDC 2020 starts today: Keynote live stream, event timings, and more

The Apple WWDC 2020 special event keynote will stream live at 10:30 pm (IST)

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Reliance Industries becomes first Indian firm to hit $150 bn market cap

Reliance Industries on Friday became the first Indian company to cross the Rs 11 trillion market valuation mark

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Virgin Australia administrator receives final offers from Bain, Cyrus

Bondholders are working on a revival plan for the airline involving a debt-to-equity swap if they are not satisfied with the bid the administrator chooses

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RIL gains 2.5%, hits fresh record high; stock zooms over 100% in 3 months

In the past three months, the stock price of RIL has zoomed 104 per cent from its March low of Rs 883.85 hit on March 23, as compared to 35 per cent rise in the benchmark S&P BSE Sensex.

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ICICI Bank gains over 3% after paring stake in ICICI Prudential Life

ICICI Pru Life's stock also rose 5.68 per cent to Rs 413.95 on the BSE after the stake sale

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Fitch revises outlook on 9 Indian banks' IDRs from stable to negative

Action follows change in outlook on India's rating

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ICICI Bank sells 1.5% stake in ICICI Prudential for Rs 840 crore

The bank has now raised Rs 3,090 crore by selling stake in its life and general insurance subsidiaries

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Disinformation can't replace diplomacy: Manmohan tells Modi about China

He added that China is brazenly and illegally seeking to claim parts of Indian territory such as the Galwan valley and Pangong Tso Lake by committing multiple incursions

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Petrol nears Rs 80 mark, diesel at new high after 16th price hike in a row

Petrol price in Delhi was hiked to Rs 79.56 per litre from Rs 79.23 while diesel rates were increased to Rs 78.55 a litre from Rs 78.27

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Glenmark Pharma gains 15% on launch of Favipiravir, a potential Covid drug

The company launched antiviral drug Favipiravir, under the brand name FabiFlu, for the treatment of patients with mild to moderate Covid-19 at a price of about Rs 103 per tablet.

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All you need to know about Glenmark's Favipiravir, the potential Covid drug

The drug will be available in the Indian market under the brand name FabiFlu at Rs 103 per tablet

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Stocks to watch: Glenmark, Cipla, IT stocks, HDFC, Sudarshan Chemical Ind

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

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Nifty outlook and stock recommendations by CapitalVia: Buy RBL Bank, ONGC

As per monthly option data, a handful of put writing on higher strikes ranging from 9,900 to 10,200 is seen which shows Nifty might witness support in subzone of 10,000

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Nifty base shifts higher at 10,000: Sameet Chavan of Angel Broking

If there is no escalation in geopolitical concerns and Covid-19 cases, the Indian markets are likely to continue their northward trajectory

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Stock picks by Vaishali Parekh of Prabhudas Lilladher: Buy HDFC AMC, ABB

The stock of ABB has made a higher bottom formation pattern taking support near 776 levels and has picked up with momentum to improve the bias

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

Catch all the live market updates here

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Coronavirus LIVE: WHO records 183,000 cases in a single day globally

Coronavirus latest news: The World Health Organization recorded 183,000 new cases, with Brazil and the US reporting the most new infections

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Latest News Live updates: Petrol, diesel prices hiked for 16th day in a row

Defence Minister Rajnath Singh will pay a three-day visit to Russia beginning today to attend a grand military parade in Moscow amid coronavirus pandemic

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Best of BS Opinion: Galwan clash, India's stand on digital tax, and more

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

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With Jio stake sale, RIL struck more sale deals in Q1 than in last 11 years

In terms of value, RIL's June quarter deal (sales, purchase and joint venture included) activity, is more than 68 per cent of the conglomerate's combined deal activity between FY2010 and FY2020

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India's crude, gas consumption up but output fell in last 10 years: Report

India is second biggest growth driver of primary energy consumption in the world, behind China.

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Shortage of stock prompts HUL, Tata Consumer to boost tea procurement

A TCPL spokesperson said that the lockdown had impacted the supply of tea to some extent and it was buying from multiple channels, including directly from plantation companies

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Armed forces given 'full freedom' to deal with Chinese aggression: Report

Rajnath Singh told the armed forces to adopt a "tough" approach in dealing with Chinese aggression and to maintain a strict vigil along land border, airspace and in strategic sea lanes

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Additional 2,000 ITBP troops may be sent to Sino-India border amid standoff

The ITBP guards the 3,488 km long Line of Actual Control between India and China, along with the Indian Army.

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India's crude, gas consumption up but output fell in last 10 years: Report

India is second biggest growth driver of primary energy consumption in the world, behind China.

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Malls see 77% degrowth in 1st half of June, consumer sentiment low: Report

After lockdown guidelines were relaxed in early June, most states permitted malls and high street retailers to reopen after a gap of more than 70 days

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Unichem, Lupin recall high blood pressure drugs from US over quality issues

The specified batch, which is being recalled, has been manufactured at Unichem's Goa-based facility

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Trump may suspend H-1B, other visas amid rise in US unemployment: Report

The executive action is also expected to suspend H-2B visas for seasonal workers such as hotel and construction staff, J-1 visas, which are meant for research scholars and professors

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'Slow down testing': Trump says rise in Covid-19 cases taints his record

The rally was meant to restart his reelection effort less than five months before the president faces voters again

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Saturday, June 20, 2020

Hetero to launch Covid drug Remdesivir under brand name Covifor in India

Covifor (Remdesivir) will be available in 100 mg vial (Injectable) which has to be administered intravenously in a hospital setting under the supervision of a healthcare practitioner

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SBI adapts to Covid-19 challenges, upgrades policy to work-from-anywhere

On the business side, the focus of the bank in the days ahead would be on revisiting risk assessment and business procedures in addition to rapid adoption of digital technology, said SBI annual report

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Hetero set to launch Remdesivir under the brand name Covifor in India

The drug 'Remdesivir' has been granted approval by DCGI for the treatment of suspected or laboratory-confirmed cases of Covid-19 in adults and children

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Diesel hits record high after fuel prices hiked for 15th day in a row

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT

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Diesel hits record high after fuel prices hiked for 15th day in a row

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT

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EPFO records 133,000 new enrolments in April amid Covid-19 lockdown

The government had imposed lockdown from March 25 to fight Covid-19 in the country.

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Jabra Elite Active 75T review: Go-to TWS earbuds for great calls and music

Priced at Rs 16,999, the Elite Active 7T might seem a bit expensive, but they are worth it

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Govt warns against phishing attacks from Sunday, using Covid-19 as bait

CERT-In has asked users to encrypt and protect their sensitive documents to avoid potential leakage

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Jabra Elite Active 75T review: Go-to TWS earbuds for great calls and music

Priced at Rs 16,999, the Elite Active 7T might seem a bit expensive, but they are worth it

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UK police launches probe after multiple stabbings reported in Reading

Police blocked off several roads, and photos showed two air ambulances nearby

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Yoga breathing exercise builds immunity amid coronavirus: PM Modi

Yoga has emerged as a force for unity and deepens the bonds of humanity, says the Prime Minister.

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Thousands to pack Trump rally in Tulsa amid fears it could fuel coronavirus

Around 100,000 people from many states are expected in Tulsa for the rally and other events, and supporters most without masks were already beginning to fill streets

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India and China have come to blows, will try and help them: Trump

The United States has accused China of escalating border tension with India and other neighbours by trying to take benefit of these countries busy fighting coronavirus pandemic

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We'd like to be seen as a full service new-age private bank: CSB Bank chief

In a Q&A, C V R Rajendran, MD & CEO, CSB Bank Ltd, dwells on how the lender turned around in FY20, after several years of losses

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India does not test healthcare workers regularly, risking them & patients

India's Ministry of Health and Family Welfare (MOHFW) on May 15 had said that there was no need to quarantine healthcare workers unless they had been exposed to Covid-19

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Covid-19 impact: What made the Trump admin leave World Health Organisation

Officials who deal with the WHO knew that withdrawal is a cumbersome process requiring a year's notice, a multiagency review and payment of unpaid dues

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Zuari Agro Chemicals net loss in March qtr widens to 304 cr on poor sales

Net income declined to Rs 1,031.93 crore during quarter under review from Rs 2,001.30 crore in the corresponding period of the preceding fiscal

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In contrast to past neglect, India decisively tackling LAC violations: PMO

The PMO said that words of PM Modi that those who tried to transgress were taught a befitting lesson by Indian forces succinctly summed up ethos of armed forces

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Telecom sector seeks more clarity on spectrum road map at COAI webinar

Special panel discussion dwells on need for allocating 5G licences in 2021 target time frame, highlights importance of optimum spectrum use in times of Covid-19

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Ladakh standoff: FinMin proposes restrictions on FDI in pension funds

The restriction would be applicable from the date of notification by the Government of India

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Well prepared, suitably deployed to respond to any contingency: IAF chief

He asserted that the IAF is determined to deliver and it will never let the sacrifice of the brave soldiers in Galwan go in vain

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Covid-19: PM Modi launches 'Garib Kalyan Rojgar' scheme for migrant workers

Prime Minister launched the Rs 50,000 crore programme that brings together 25 different govt schemes under one umbrella via video-conferencing

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Covid-19: PM Modi launches 'Garib Kalyan Rojgar' scheme for migrant workers

Prime Minister launched the Rs 50,000 crore programme that brings together 25 different govt schemes under one umbrella via video-conferencing

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Friday, June 19, 2020

GSK in quest to be best, not first, in race for coronavirus vaccine

GSK, which is in seven collaborations with institutions or firms globally, only entered the clinical trial stage with one project on Friday

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PM to launch Garib Kalyan Rojgar Abhiyaan today to boost rural employment

The Prime Minister will flag off the Abhiyan from village Telihar in Bihar's Khagaria district via video-conferencing

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India's May crude oil imports post biggest decline since at least 2005

Crude oil imports fell to 14.61 million tonnes, it's lowest since 2015, Petroleum Planning and Analysis Cell data showed on Friday

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PM to launch Garib Kalyan Rojgar Abhiyaan today to boost rural employment

The Prime Minister will flag off the Abhiyan from village Telihar in Bihar's Khagaria district via video-conferencing

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PM surrendered Indian territory to Chinese aggression, says Rahul Gandhi

"If the land was Chinese: 1. Why were our soldiers killed? 2. Where were they killed?" Gandhi said

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Fuel rates hiked for 14th day; petrol up by Rs 0.51, diesel by Rs 0.61

Petrol and diesel will now cost Rs Rs 78.88/litre and Rs 77.67/litre respectively in Delhi

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Ladakh stand-off: China claims Galwan Valley located on its side of LAC

In order to ease the situation, China and India have stayed in close communication through military and diplomatic channels

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Latest News Live updates: China says Galwan located on its side of LAC

US Secretary of State Mike Pompeo said the Chinese Communist Party wants to undo all the progress the free world has made

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BCCI to review IPL sponsorship; deals with Chinese companies under scanner

The meeting of the IPL Governing Council will review the yearly Rs 440 crore title sponsorship deal with Vivo among others

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Ladakh standoff: Pompeo attacks 'rogue actor' China for escalating tensions

US Secretary of State Mike Pompeo said the Chinese Communist Party wants to undo all the progress the free world has made through institutions like NATO and adopt a new set of rules and norms

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Coronavirus LIVE: India cases near 400,000; Brazil tally past 1 million

Coronavirus latest news: Country-wise, the United States continues to remain the worst-hit, followed by Brazil, Russia, India, UK, Spain and Peru. Catch coronavirus live updates here

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China releases 10 Army personnel after three days of negotiations

Chinese foreign ministry says 'presently' it hasn't detained any Indian soldiers

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Galwan stand-off: India takes another shot at free trade deal with US

Officials believe move can lead to an effective trading bloc against China's RCEP; business end of negotiations only by next year

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Thursday, June 18, 2020

In 13 hikes, petrol price raised by Rs 7.11 per litre and diesel by Rs 7.67

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT

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DIC India zooms 16% on receiving first tranche of payment for land sale

Shares of Godrej Properties also rose as much as 3.32 per cent on the BSE

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Bajaj Consumer Care slips 8% as net profit for March quarter falls 61% YoY

The stock had hit a 52-week high of Rs 345 on June 26, 2019, and its 52-week low stands at Rs 117.50, touched on March 25, 2020.

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Reliance Industries hits new high; market-cap crosses Rs 10.5-trillion

RIL raised over Rs 168,818 crore in just 58 days become net debt-free company. Mukesh Ambani now plans to list the telecom and retail businesses in the next five years

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Reliance Industries hits new high; market-cap crosses Rs 10.5-trillion

RIL raised over Rs 168,818 crore in just 58 days become net debt-free company. Mukesh Ambani now plans to list the telecom and retail businesses in the next five years

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RIL net debt free before schedule; to list retail, telecom biz within 5 yrs

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms.

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RIL net debt free before schedule; to list retail, telecom biz within 5 yrs

Starting with Facebook Inc on April 22, Reliance has sold almost 25 per cent of equity in Jio Platforms.

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Ladakh standoff: Boycott call may impact Chinese exports worth $17 bn

Sushil Poddar, the president of the Confederation of West Bengal Traders Association, says its members have been told to shun trading in Chinese goods as much as possible

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'China may have provoked': Pompeo condoles death of Indian soldiers

Pompeo said the Communist Party has used the pandemic they helped worsen as a smokescreen for ratcheting up their oppression of Hong Kong

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Waiting for a fair deal proposal to restore India's GSP status: US official

The top trade official from the Trump Administration says the US is currently in a big trade negotiations with India

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Stocks to watch: RIL, PNB, Tata Motors, Thermax, Bajaj Consumer, Whirlpool

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

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Waiting for a fair deal proposal to restore India's GSP status: US official

The top trade official from the Trump Administration says the US is currently in a big trade negotiations with India

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Here's a Bull Spread strategy for L&T Finance Holdings by HDFC Securities

The short term trend of the stock is positive where it is trading above its 5 and 20-day SMA.

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Pullback on the higher side likely if Nifty holds 10k: Nilesh Jain

The momentum oscillator MACD has provided buy crossover on the Nifty's hourly chart

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Gold price today: Rs 47,496 per 10 gram, silver at Rs 48,360 per kg

In New Delhi, gold price today of 24-carat gold is Rs 47,450 per 10 grams, while 22-carat is retailing at Rs 46,250, up Rs 50 from the previous day

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Tariffs, trade barriers: How India plans to protect domestic biz from China

Bilateral trade between China and India was worth $88 billion in the fiscal year ending March 2019, with a trade deficit of $53.5 billion in China's favour, the widest India has with any country

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MARKET LIVE: SGX Nifty indicates flat start; watch out for RIL, Tata Motors

Catch all the live market updates here

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MARKET LIVE: SGX Nifty indicates flat start; watch out for RIL, Tata Motors

Catch all the live market updates here

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Coronavirus LIVE: India sees nearly 14,000 cases in a day; tally at 381,091

Coronavirus latest news: The total number of corona cases in the US has reached 2,263,647. Brazil has 983,359 cases, Russia 561,091 and India 381,091. Catch coronavirus live updates here

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Latest News Live updates: Modi calls all-party meet over India-China clash

Rajya Sabha elections 2020 across eight states will be held today. Catch LIVE updates on the latest news

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Tariffs, trade barriers: How India plans to protect domestic biz from China

Bilateral trade between China and India was worth $88 billion in the fiscal year ending March 2019, with a trade deficit of $53.5 billion in China's favour, the widest India has with any country

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Top headlines: Saudi fund buys stake in RIL arm, Fitch cuts India ratings

Reliance has sold almost 25 per cent of equity in Jio Platforms since April. Read about that story and more in our morning news wrap.

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Best of BS Opinion: Tackling China in Ladakh, Covid-19 crisis, and more

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

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Wednesday, June 17, 2020

Fitch revises India outlook to negative from stable; affirms IDR at 'BBB-'

Fitch expects economic activity to contract by 5% in the fiscal year ending March 2021 (FY21) from the strict lockdown measures imposed since 25 March 2020, before rebounding by 9.5% in FY22

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Fitch revises India's sovereign rating outlook to negative from stable

Retains ratings at lowest investment grade

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Muthoot Finance surges 9%, hits new high on robust March quarter results

The company's consolidated loan AUM grew 22 YoY at Rs 46,871 crore

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With 12 hikes, petrol price goes up by Rs 6.55 per litre, diesel up Rs 7.04

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT

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With 12 hikes, petrol price goes up by Rs 6.55 per litre, diesel up Rs 7.04

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT

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'Atmanirbharata' in coal sector: PM to address mining auction launch event

President, FICCI, Dr Sangeetha Reddy, Chairman Vedanta Group Anil Agarwal and Tata Sons Chairman N Chandrasekharan will also speak during the event

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Stocks to watch: Telcos, banks, IGL, Pidilite Ind, Muthoot Finance, Thermax

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

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Latest News Live updates: Petrol price hiked again; India secures UNSC seat

Coronavirus curve in India is constantly rising. Delhi's health minister has also tested positive for Covid-19

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Coronavirus LIVE: India cases jump to 367,264; global tally crosses 8.4 mn

Coronavirus latest news: The total number of corona cases in the US has reached 2,234,469. Brazil has 960,309 cases, Russia 553,301 and India 367,264. Catch coronavirus live updates here

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MHA holds crucial meet to discuss infra developments near Indo-China border

A meeting was held on Wednesday and another meeting is scheduled on Thursday where various infrastructure-related issues will be discussed

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Zoom plans to offer end-to-end encryption to free, paying customers

The company will also be using AES 256 GCM transport encryption as its default, which it describes as "one of the strongest encryption standards in use today"

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Nifty outlook and stock recommendations by CapitalVia Global Research

Nifty likely to face stiff resistance at 10,000 as maximum call OI is placed here. We might witness strength only if Nifty breaks level of 10,000.

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MARKET LIVE: Indices set to decline; Ladakh face-off, AGR hearing in focus

Catch all the live market updates here

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MARKET LIVE: Indices set to decline; Ladakh face-off, AGR hearing in focus

Catch all the live market updates here

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Trump sought China's help to win 2020 US election, claims Bolton's memoir

The book, 'The Room Where it Happened: A White House Memoir', is due to be published on June 23, but the Trump administration has sued to block its distribution

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Gold price today: Rs 47,410 per 10 gram; silver at Rs 47,600 per kg

In New Delhi, the gold price today of 22-carat gold is holding steady at Rs 46,200 per 10 gram, while in Chennai it is Rs 45,470

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Religare case: Delhi court dismisses Shivinder Mohan Singh's bail plea

Economic offenses having deep-rooted conspiracies and involving loss of public funds need to be viewed seriously, says court

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Religare case: Delhi court dismisses Shivinder Mohan Singh's bail plea

Economic offenses having deep-rooted conspiracies and involving loss of public funds need to be viewed seriously, says court

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Discovery allows 3D printing of sensors directly on expanding organs

Mechanical engineers and computer scientists have developed a 3D printing technique that uses motion capture technology, similar to that used in Hollywood movies, to print electronic sensors directly on organs that are expanding and contracting.

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Discovery allows 3D printing of sensors directly on expanding organs

Mechanical engineers and computer scientists have developed a 3D printing technique that uses motion capture technology, similar to that used in Hollywood movies, to print electronic sensors directly on organs that are expanding and contracting.

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Best of BS Opinion: Questions about the LAC, freedom to choose, and more

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

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Is Santa real? Examining children's beliefs in cultural figures and 'non-real' people

Young children understand dinosaurs and The Wiggles are (or were!) real, and that fictional characters like Peter Pan and Spongebob are not real -- but cultural figures like Santa or the Tooth Fairy occupy an ambiguous place in a child's pantheon, a new study suggests.

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Envy coupled with competition divides society into an upper and lower class, game theoretical study shows

Can class differences come about endogenously, i.e. independent of birth and education? Researchers pursued this issue in a game theoretical study. They were able to show that the basic human need to compare oneself with others may be the root cause of the formation of social classes.

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Tuesday, June 16, 2020

Beijing-based AIIB clears $ 750 mn loan to India for coronavirus response

AIIB's total sovereign loans to India now amount to $ 3.06 billion, including a recent $500 million Covid-19 emergency response

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Qualcomm unveils 5G-ready Snapdragon 690 SoC for midrange phones: Know more

The Qualcomm Snapdragon 690 also brings Wi-Fi 6, Bluetooth 5.1 with aptX adaptive codec support, up to 120Hz screen refresh rate support, and much more

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Sennheiser launches Momentum True Wireless 2 earbuds in India for Rs 24,990

The earbuds come with 7mm dynamic drivers, Bluetooth 5.0, AAC support and Qualcomm's aptX technology for high resolution audio

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JBL launches Quantum Range headset in India, price starts at Rs 3,999

The range includes options for both casual and competitive gamers

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RR Global to invest Rs 125 cr in electric scooters business in three years

Company says it has identified 108 cities in southern and western India-the two regions it will focus on first--for setting up distribution centres for its scooters

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Navin Flourine surges 6% on Q4 earnings, update on Covid-19 impact

The company said the Covid-19 was unlikely to have any significant impact on its operations

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Adani Green Energy gains for 10th straight day, zooms 209% in 3 months

On June 9, 2020, Adani Green Energy said that it had bagged "the world's largest solar tender" from the Union government.

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India Cements gains over 10%, nears 52-wk high; jumps 95% so far in CY 2020

As per shareholding pattern data for the March quarter, Radhakishan Damani along with Gopikishan Damani holds around 20 per cent stake in the company

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Hugo Boss appoints ex-Tommy Hilfiger head Daniel Grieder as its CEO

"Daniel Grieder was our top choice for the position of CEO at Hugo Boss," Hugo Boss Supervisory Board Chairman Hermann Waldemer said in a statement

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Kaveri Seed hits 52-week high, surges 58% in 13 days on strong Q4 results

The company reported Ebitda of Rs 18.31 crore in Q4FY20, as against loss of Rs 2.79 crore in Q4FY19

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LG Polymers yet to respond to questionnaire on Vizag gas leak, says panel

The committee said that some of the regulators have already replied to the questions and reply is awaited from some

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US says it's closely monitoring India-China border row, urges peace

This comes hours after India said that 20 of its Army personnel were killed in violent clashes with Chinese troops at Galway Valley at the Line of Actual Control (LAC)

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Stocks to watch: HPCL, HDFC AMC, HCL Tech, banks, Navin Fluorine, NMDC, IGL

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

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Maharashtra Covid-19 toll up by 1,328 after state reports reconciled data

In the beginning, COVID-19 data was managed manually and now it is portal-based

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Stock ideas by HDFC Securities: Buy ICICI Lombard GIC, Oil India

The primary trend of the ICICI Lombard GIC's stock is bullish

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Gold prices jump to Rs 47, 540 per 10 gram; silver at Rs 47,870 per kg

In New Delhi, the price of 22-carat gold iis holding steady at Rs 46,000 per 10 gram, while in Chennai it is Rs 45,530

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Gold prices jump to Rs 47, 540 per 10 gram; silver at Rs 47,870 per kg

In New Delhi, the price of 22-carat gold iis holding steady at Rs 46,000 per 10 gram, while in Chennai it is Rs 45,530

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MARKET LIVE: SGX Nifty indicates a negative start for benchmark indices

Catch all the live market updates

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MARKET LIVE: SGX Nifty indicates a negative start for benchmark indices

Catch all the live market updates

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Latest News Live updates: Closely monitoring India-China situation, says US

Twenty Indian soldiers died in a violent clash with Chinese People's Liberation Army troops at Galwan Valley in Eastern Ladakh on Monday night. Catch latest updates

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Sebi panel suggests measures to strengthen enforcement, recovery mechanism

The committee headed by former Supreme Court Judge Anil Dave has proposed a method of quantification of profit made by the defaulter and loss caused to investors

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Coronavirus LIVE: India's death toll jumps to 11,921; cases at 354,161

Coronavirus latest news: The total number of corona cases in US has reached 2,208,400. Brazil has 928,834 cases, Russia 537,210 and India 354,161. Catch coronavirus live updates here

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Best of BS Opinion: The oil factor, financing revival via gold, and more

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

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Monday, June 15, 2020

Motorola One Fusion+ India launch at 12:30 pm: Know specs, features, & more

The Motorola One Fusion+ smartphone features a multi-optic rear camera set-up, big capacity battery, HDR10 certified display and gaming-centric Qualcomm processor

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DGCA allows 870 chartered flights, ferrying of 200,000 people amid lockdown

These charted flights were foreign airlines transporting stranded people to their destinations amid coronavirus lockdown

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US Health Secy tells docs to prescribe HCQ as FDA withdraws use in Covid-19

During a White House media appearance with President Donald Trump, Azar asserted that HCQ was approved in the United States

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Amazfit T-Rex review: This affordable rugged smartwatch is a real looker

The Amazfit T-Rex has its own set of limitations, but with its utilitarian design, military-grade durability, and a long battery life, T-Rex is a great value for money at this price

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Amazfit T-Rex review: This affordable rugged smartwatch is a real looker

The Amazfit T-Rex has its own set of limitations, but with its utilitarian design, military-grade durability, and a long battery life, T-Rex is a great value for money at this price

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Nifty outlook & stock calls by Anand Rathi: Sell Siemens, Buy Cummins India

The stock of Siemens is making a lower high and lower low formation on the daily chart and it has breached its short term 21 DMA which is currently placed near 1,075 levels

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Tata Motors owned Jaguar Land Rover plans over 1,000 job cuts over Covid-19

The UK's largest automotive manufacturer, which had earlier on Friday reported a 30.9 per cent drop in sales in the aftermath of the pandemic related lockdown

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US FDA ends emergency use of hydroxychloroquine to treat Covid-19

The decision on the so-called 'wonder drug' as touted by the US President Donald Trump is taken in the wake of recent clinical trials

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Oscars postponed by 2 months due to Covid-19, to be awarded on April 25

The Academy's Board of Governors also decided to extend the eligibility window beyond the calendar year to Feb. 28, 2021, for feature films

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MARKET LIVE: SGX Nifty trends suggest a gap-up opening for Indian indices

Catch all the live market updates here

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MARKET LIVE: SGX Nifty trends suggest a gap-up opening for Indian indices

Catch all the live market updates here

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155 Indian companies create nearly 125,000 jobs in US: CII report

Texas, California, New Jersey, New York and Florida are home to the greatest number of workers in the US directly employed by the reporting Indian companies, the report said

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No single solution helps all students complete MOOCs

In one of the largest educational field experiments ever conducted, researchers found that promising interventions to help students complete online courses were not effective on a massive scale -- suggesting that targeted solutions are needed to help students in different circumstances or locations.

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Jio has a 'Sign in with Apple' like service but for Reliance employees only

Jio SecureID works through a dedicated app of the same name, which is available on Apple's App Store and Google's Play Store to download

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Tata Motors owned Jaguar Land Rover plans over 1,000 job cuts over Covid-19

The UK's largest automotive manufacturer, which had earlier on Friday reported a 30.9 per cent drop in sales in the aftermath of the pandemic related lockdown

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Cholamandalam Financial Holdings profit before tax declines 25.8%

For the year 2019-20, the profit before tax declined 15.4 per cent at Rs 1,806.89 crore compared to Rs 2,135.90 crore during the previous year

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Gold price today slips to Rs 47,200 per 10 gm; silver at Rs 47,100 per kg

In New Delhi, the price of 22-carat gold is about Rs 46,000 per 10 gram, while in Chennai it is Rs 45,320

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Latest News Live updates: PM Modi to speak to CMs today and tomorrow

Prime Minister Narendra Modi will be holding a fresh round of consultations with chief ministers to discuss ways for checking the spread of the coronavirus

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Coronavirus LIVE: India records 396 deaths in a single day; tally 343,026

Coronavirus latest news: The total number of corona cases in the US has reached 2,182,950. Brazil has 891,556 cases, Russia 537,210 and India 343,026. Catch coronavirus live updates here

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PM Modi to hold virtual meeting with CMs, discuss rising Covid-19 cases

These will be the sixth and seventh meetings between the Prime Minister and various chief ministers on the coronavirus outbreak

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Calling for nursing support amid COVID-19 pandemic

In a new editorial, researchers call for rapid policy reform and investment in nurses and nursing in order to leverage the skills of this global workforce.

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Best of BS Opinion: Recovering from Covid-19, unemployment rate, and more

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

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COVID-19 pandemic could decimate outdoor environmental, science education programs

A survey of 1,000 outdoor education programs nationwide finds that nearly two-thirds are in danger of folding because of the COVID-19 pandemic. Such programs connect youth with the world around them and teach about nature, with documented academic, health and social benefits. But most programs are conducted by residential outdoor science schools, nature centers, parks and zoos, not in traditional classrooms. The loss will be felt disproportionately by students of color and low-income students.

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Sunday, June 14, 2020

RIL partly paid-up shares make strong debut, surge 10% to Rs 710.65 on NSE

RIL issued shares at Rs 1,257 apiece in the rights issue but the entire payment has to be paid in three tranches.

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Nepal's Upper House endorses proposal seeking to update country's new map

This comes a day after the lower house of Parliament unanimously passed the constitution amend

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In nine hikes, petrol price goes up by Rs 5 per litre, diesel by Rs 4.87

Petrol price in Delhi was hiked to Rs 76.26 per litre from Rs 75.78, while diesel rates were increased to Rs 74.26 a litre

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OnePlus 8 Pro, OnePlus 8's 6GB RAM model go on first sale today at Amazon

The OnePlus 8-series was launched in April. While the OnePlus 8's 8GB RAM variants went on sale earlier, it is for the first time the OnePlus 8 Pro will be available for sale on Amazon India

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Stocks to watch: RIL, Eicher, Tata Motors, Cadila, Dr Reddy's, Hindalco Ind

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

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Chinese mainland reports 49 new Covid-19 cases, 39 domestically transmitted

Of the domestically transmitted cases, 36 were reported in Beijing and three in Hebei Province, the National Health Commission said in its daily report

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OnePlus 8 review: Meaningful innovations elevate experience, justify price

Where does OnePlus 8 stand in 2020, with all its upgrades - and one downgrade? Let's find out

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OnePlus 8 review: Meaningful innovations elevate experience, justify price

Where does OnePlus 8 stand in 2020, with all its upgrades - and one downgrade? Let's find out

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OnePlus 8 review: Meaningful innovations elevate experience, justify price

Where does OnePlus 8 stand in 2020, with all its upgrades - and one downgrade? Let's find out

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Unilever to invest 1 billion euros in climate change fund over 10 years

The fund will invest in projects including reforestation, water preservation and carbon sequestration over the next ten years

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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...