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Saturday, October 31, 2020

GST collections cross Rs 1 trillion in October for first time in 8 months

Mop up grows 10% y-o-y at Rs 1.05 trillion, almost equal to levels in February before a nationwide lockdown to contain the coronavirus pandemic

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GST collections cross Rs 1 trillion in October for first time in 8 months

GST collections in October stood at over Rs 1.05 trillion, crossing for the first time Rs 1 trillion mark since February this year, the finance ministry said

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Microsoft doubles down on Windows as PCs become lifeline: Satya Nadella

Windows 10 monthly active devices are up double digits year-over-year, across commercial, consumer and education and according to CEO Satya Nadella, the company is now doubling down on the momentum

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Facebook finally rolls out Dark Mode on Android for users worldwide

Facebook has finally started to broadly roll out Dark Mode for billions of users on Android smartphones.

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Nine of top 10 most valued firms lose Rs 1.63 trn in m-cap; RIL most hit

Reliance Industries Ltd's, the most valued firm, valuation tanked by Rs 39,355.06 crore to Rs 13,89,159.20 crore

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Bihar will reelect 'double engine' govt, reject 2 'yuvaraj': PM Modi

Prime Minister Narendra Modi is address election rallies in Bihar, seeking votes for NDA government.

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Wall Street logs biggest weekly loss since March as Covid-19 cases spiral

Wall Street's major averages pulled back considerably in the week as investors worried that soaring Covid-19 infections could slow down economic recovery

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Bihar polls 2020 LIVE: PM Modi to address four election rallies today

PM Modi will start his election tour with a rally in Chapra, the political bastion of Lalu Prasad. Stay tuned for LIVE updates on Bihar election 2020

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Super typhoon Goni slams into Philippines, 1 million evacuated

One of the most powerful typhoons in the world this year, Goni has evoked memories of Typhoon Haiyan in November 2013

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Bumper harvests, healthy stockpiles but coronavirus world is undernourished

Contained global food costs haven't stopped inflation spikes in India, Pakistan and elsewhere, as supply disruptions hit.

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Bumper harvests, healthy stockpiles but coronavirus world is undernourished

Contained global food costs haven't stopped inflation spikes in India, Pakistan and elsewhere, as supply disruptions hit.

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18 Trump rallies led to over 30,000 Covid-19 cases, 700 deaths: Stanford

About 18 election rallies by US President Trump are estimated to have led to more than 30,000 confirmed cases of coronavirus and likely led to over 700 deaths, Stanford University researchers said

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End 'love jihad', or get ready for 'Ram Naam Satya hai' journey: Adityanath

UP CM Yogi Adityanath said his government would bring a law to deal with 'love jihad' and used Hindu funeral chant 'Ram Naam Satya Hai' to threaten those who don't respect their daughters and sisters

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Bihar Assembly elections 2020: PM Modi to address four rallies on Sunday

Prime Minister Narendra Modi will address four back to back rallies in Bihar to garner support for the NDA candidates in the poll-bound state

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Assam, Mizoram in letter war over boundary disputes amid border tensions

Amid tension on the border, governments of Assam and Mizoram have engaged in a letter war over issues related to the boundary dispute between the two states

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Jharkhand BJP chief charged with sedition, plot to 'destabilise' state govt

A sedition case was registered in bypoll-bound Dumka against Jharkhand BJP chief and Rajya Sabha MP Deepak Prakash for allegedly trying to destabilise the JMM-Congress-RJD government in the state

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Europe's coronavirus woes multiply with leaders drifting to lockdowns

Bars, restaurants, leisure facilities and cultural venues have to close in Germany starting Monday, while schools and most shops can remain open

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Ties came under stress; pacts must be respected: Jaishankar on China

The ties between India and China have come under 'severe stress' and the agreements inked by both sides must be respected to restore normalcy in relations, Jaishankar said

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Yamaha ties up with Amazon India to sell apparels, accessories online

Two-wheeler maker India Yamaha Motor on Saturday said it has tied up with Amazon India to sell its range of apparels and accessories online

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ICICI Bank's Q2 standalone net profit jumps over 6-fold to Rs 4,251 crore

The Bank had reported a net profit of Rs 654.96 crore in the quarter ended September 30, 2019

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Centre splurged Rs 713.20 crore on ads in 2019-2020, reveals RTI

The government of India spent a total of Rs713.20 crore on advertisements, with maximum share to the electronic media, during the financial year 2019-2020, a RTI reply to a Mumbai activist revealed

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IPL 2020, DC vs MI live score: Delhi in spot of bother; Chahar scalps Iyer

Delhi Capitals has made three changes in its playing 11 while Mumbai Indians has rested Hardik Pandya and James Pattinson. Check DC vs MI live score and match updates here

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Minimum government, maximum governance: PM's mantra to IAS probationers

Prime Minister Narendra Modi on Saturday advised the probationary civil servants to take decisions in the national interest by following the mantra of 'minimum government and maximum governance'

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In letter to Sebi, Amazon claims Future Retail is misleading public: Report

Amazon said Future's news release and stock exchange disclosures violated Indian regulations, urging the regulator to investigate the matter

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In letter to Sebi, Amazon claims Future Retail is misleading public: Report

Amazon said Future's news release and stock exchange disclosures violated Indian regulations, urging the regulator to investigate the matter

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Antibody therapy may lower hospitalisations, emergency visits, study finds

Covid-19 patients who were administered antibodies had fewer symptoms and were less likely to require hospitalisation or emergency medical care than those who did not receive it, says a new study

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DATA STORY: India's Covid toll is third-highest; US has nearly twice as many deaths

The five most affected states by total cases are Maharashtra (1672858), Andhra Pradesh (820565), Karnataka (820398), Tamil Nadu (722011), and Uttar Pradesh (480082)

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Antibody therapy may lower hospitalisations, emergency visits, study finds

Covid-19 patients who were administered antibodies had fewer symptoms and were less likely to require hospitalisation or emergency medical care than those who did not receive it, says a new study

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Ather Energy opens full payment window for 2 variants in Bengaluru, Chennai

Electric two-wheeler startup Ather Energy opened the full payment windowfor its 125-cc 450 Plus and 450X e-scooters for the customers in Bengaluru and Chennai from Saturday. Bookings for the rest of the cities will open before Diwali, the company said in a release. The EV maker had recently announced an assured buyback scheme for the two variants of its Ather 450 model. Ather Energy has opened the full payment window for 450 Plus and 450X from October 31 and the scooters will be delivered within three weeks of payment, the company said. Along with the buyback scheme for 450X at Rs 85,000 and Rs 70,000 for 450 Plus at the end of three years, it had also announced cutting 450 Plus price by Rs 9,000 to almost Rs 1.40 lakh. Ather Energy has 37 fast charging stations in Bengaluru and 13 in Chennai and will also be installing the same at newer locations in Chennai, it said adding this phase of installations of Ather Grid will be live across over 135+ locations by December 2020 in all th

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Erdogan's assault on Macron aims to divert eyes away from his own misrule

France is constitutionally Islamophobic, Turkish President Recep Tayyip Erdogan claims.

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IndiGo sees demand inching up, reduces leave without pay for pilots

Airbus A320 and A321 pilots will have leave without pay of three days per month and for captains of regional aircraft fleet ATR-72 there will be no more LWP

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Pandemic takes a worrying turn across Europe sending hospitals reeling

Hospitalisations skyrocketed in more than a dozen countries in Europe, with admissions soaring beyond the peak reached last spring in a swathe from Austria to Portugal.

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IndiGo sees demand inching up, reduces leave without pay for pilots

Airbus A320 and A321 pilots will have leave without pay of three days per month and for captains of regional aircraft fleet ATR-72 there will be no more LWP

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Friday, October 30, 2020

Book excerpt: How RBI under Raghuram Rajan started the war against NPAs

The RBI found that the banks were delaying recognising large accounts as NPAs, even if projects were not starting up, and the 'project commencement' milestone was largely cosmetic

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Apple launches all-in-one subscription plan 'Apple One' at Rs 195 a month

Apple has made its all-in-one subscription bundle called Apple One available that will bring together Apple Music, Apple TV Plus, Apple Arcade, and Apple News Plus.

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Sinofication of Buddhism: In Tibet, China wants more wealth, less Buddha

Beijing is investing heavily in Tibet, betting that new roads, jobs, better housing and improved access to education and healthcare will bring stability to the region.

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Private equity group Inspire Brands to buy Dunkin' in $11.3 billion deal

The deal is one of the largest transactions ever in a restaurant industry that's being upended by the pandemic.

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Turkey earthquake LIVE: Death toll at 17, rescue operations underway

According to Turkey's media reports, as many as 196 aftershocks were felt with 23 hitting over magnitude 7 following the major earthquake in Izmir. Stay tuned with Business Standard for LIVE updates

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Kerala, Goa, Chandigarh best governed states and union territory, says PAC

UP, Odisha and Bihar were at the bottom of the ranking, scoring negative points

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Jack Ma's Ant Group IPO attracts demand equal to Britain's economy

Analysts say buyers struggling to secure allocations as fundraising expands to almost $37 billion

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Why NASA's moonshot, Boeing, Bezos and Musk have a lot riding on US polls

For the commercial space industry, "consistency is key," said Mike French, a vice president at the Aerospace Industries Association trade group who earlier served as NASA chief of staff under Obama

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Thursday, October 29, 2020

Google to launch subscription-based VPN services; rollout in the US soon

Alphabet Inc's Google said that it plans to launch a VPN service for consumers, which would be available with certain subscription plans for its Google One cloud storage services

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People's bodies now run cooler than 'normal' - even in the Bolivian Amazon

Despite the fixation on 98.6 F, clinicians recognize that there is no single universal "normal" body temperature for everyone at all times

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Latest News LIVE: Macron vows to take new measures to fight terrorism

Voters said that the economy and jobs during the coronavirus pandemic are among the main parameters on which the voters would choose next US President

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Coronavirus LIVE: Cases dip with 49,281 infections, 568 deaths in 24 hrs

Delhi reported a record 5,739 new COVID-19 cases on Thursday taking the total count of cases COVID-19 cases to 3,75,753

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SC transfers to itself pleas challenging IBC law on personal guarantors

A three-judge Bench comprising Justices L Nageswara Rao, Hemant Gupta, and Ajay Rastogi has directed the HCs to not entertain any further writ petitions on this issue

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Nitin Gadkari's criticism of NHAI casts shadow on the body's functioning

At the heart of his criticism is the delay in decision making and a lack of monitoring. Some officials, however, blamed the delays on overambitious contractors

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Comparing sensitivity of all genes to chemical exposure

An environmental health scientist has used an unprecedented objective approach to identify which molecular mechanisms in mammals are the most sensitive to chemical exposures.

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World's first agreed guidance for people with diabetes to exercise safely

An academic has helped draw up a landmark agreement amongst international experts, setting out the world's first standard guidance on how people with diabetes can use modern glucose monitoring devices to help them exercise safely. The guidance will be a crucial resource for healthcare professionals around the world, so they can help people with type 1 diabetes.

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Priming the immune system to attack cancer

New research showed how immune 'training' transforms innate immune cells to target tumors. The findings could inform new approaches to cancer immunotherapy or even strategies for preventing tumor growth.

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Comparing sensitivity of all genes to chemical exposure

An environmental health scientist has used an unprecedented objective approach to identify which molecular mechanisms in mammals are the most sensitive to chemical exposures.

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Landscape to atomic scales: Researchers apply new approach to pyrite oxidation

Pyrite, or fool's gold, is a common mineral that reacts quickly with oxygen when exposed to water or air, such as during mining operations, and can lead to acid mine drainage. Little is known, however, about the oxidation of pyrite in unmined rock deep underground.

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Breakthrough quantum-dot transistors create a flexible alternative to conventional electronics

Researchers have created fundamental electronic building blocks out of tiny structures known as quantum dots and used them to assemble functional logic circuits.

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Streetlights contribute less to nighttime light emissions in cities than expected

When satellites take pictures of Earth at night, how much of the light that they see comes from streetlights? A team of scientists have answered this question for the first time using the example of the U.S. city of Tucson, thanks to 'smart city' lighting technology that allows dimming. The result: only around 20 percent of the light in the Tucson satellite images comes from streetlights.

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Corporations directing our attention online more than we realize

It's still easy to think we're in control when browsing the internet, but a new study argues much of that is 'an illusion.' Corporations are 'nudging' us online more than we realize, and often in hidden ways. Researchers analyzed click-stream data on a million people over one month of internet use to find common browsing sequences, then connected that with site and platform ownership and partnerships, as well as site design and other factors.

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Identifying biomolecule fragments in ionizing radiation

Researchers define for the first time the precise exact ranges in which positively and negatively charged fragments can be produced when living cells are bombarded with fast, heavy ions.

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Predictive model reveals function of promising energy harvester device

A small energy harvesting device that can transform subtle mechanical vibrations into electrical energy could be used to power wireless sensors and actuators for use in anything from temperature and occupancy monitoring in smart environments, to biosensing within the human body. Engineers have developed a predictive model for such a device, which will allow researchers to better understand and optimize its functionalities.

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Copolymer helps remove pervasive PFAS toxins from environment

Researchers have demonstrated that they can attract, capture and destroy PFAS - a group of federally regulated substances found in everything from nonstick coatings to shampoo and nicknamed 'the forever chemicals' due to their persistence in the natural environment.

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Muscle pain and energy-rich blood: Cholesterol medicine affects the organs differently

Contrary to expectation, treatment with statins has a different effect on blood cells than on muscle cells, a new study reveals. Today, statins are mainly used in the treatment of elevated cholesterol, but the new results may help design drugs for a number of conditions.

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Genomic study reveals role for hypothalamus in inflammatory bowel disease

Using sophisticated 3D genomic mapping and integrating with public data resulting from genome-wide association studies (GWAS), researchers have found significant genetic correlations between inflammatory bowel disease (IBD) and stress and depression.

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Cancer-fighting gene restrains 'jumping genes'

About half of all tumors have mutations of the gene p53, normally responsible for warding off cancer. Now scientists have discovered a new role for p53 in its fight against tumors: preventing retrotransposons, or 'jumping genes,' from hopping around the human genome. In cells with missing or mutated p53, the team found, retrotransposons move and multiply more than usual. The finding could lead to new ways of detecting or treating cancers with p53 mutations.

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Path to nanodiamond from graphene found

Researchers expand their theory on converting graphene into 2D diamond, or diamane.

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Study identifies pitfall for correcting mutations in human embryos with CRISPR

The most detailed analysis to date of CRISPR genome editing in human embryos finds a significant risk of chromosomal abnormalities when using the technique at earliest stage of human development.

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Smart solution to detect seafood spoilage

Existing methods for detecting seafood spoilage are far from satisfactory for ensuring food safety and security. To solve this problem, researchers have constructed and tested a solid-state fluorescent sensor loaded on filter papers that can instantly and accurately measure the rate of spoilage in Atlantic salmon - and can easily be applied to other seafood.

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Wednesday, October 28, 2020

Trump admin proposes to scrap computerised lottery to select H-1B visas

The Trump administration has proposed to scrap the computerised lottery system to grant H-1B work visas to foreign technology professionals and replace it with a wage-level-based selection process

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Route Mobile rallies 25% in three days on robust September quarter results

The stock bounced back 12 per cent today from its early morning low on the BSE after the company's consolidated net profit more-than-doubled to Rs 32.7 crore in Q2

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PM assures vaccination for all, says India on its way to economic recovery

PM Modi spoke on a range of issues and called the latest labour reforms as very pro-worker

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Larsen & Toubro dips 5% as investors book profit post Q2 results

The company reported a reasonable July-September quarter operational performance amid a subdued business environment

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REA to buy controlling stake in Elara for $70 mn; News Corp to raise stake

Elara will continue to operate as a stand-alone entity within the REA Group structure

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Stocks to watch: L&T, Maruti, Axis Bank, Voda Idea, BPCL, IndiGo, Pidilite

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

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11,500 to act as immediate support for Nifty: Gaurav Garg of CapitalVia

As per weekly option data, huge call writing is witnessed on higher strikes ranging from 11,700 to 12,000 which shows Nifty is going to face resistance at 11800

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Gold immune to US Prez election, stimulus package key trigger: Bhavik Patel

Rising coronavirus cases, especially in Europe, are keeping gold supported, more so because of the possible economic fallout

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Here's what brokerages expect from TVS Motors' Q2FY21 numbers

According to the monthly sales data, TVS Motors sold 8.67 lakh units in Q2FY21

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Voda Idea Q2 preview: Markets eye fund raising plan, revenue guidance

At the bourses, Vodafone Idea dipped 12.5 per cent in the quarter under review. In comparison, the S&P BSE Sensex gained 9 per cent in the same period

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MARKET LIVE: SGX Nifty falls over 50 points amid global sell-off

Catch all the live market updates here. Maruti Suzuki, Interglobe Aviation, Bank of Baroda, and Voda Idea among 82 companies to announce quarterly results today

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Voda Idea Q2 preview: Markets eye fund raising plan, revenue guidance

At the bourses, Vodafone Idea dipped 12.5 per cent in the quarter under review. In comparison, the S&P BSE Sensex gained 9 per cent in the same period

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Latest news LIVE: SC verdict today on IBBI plea on personal guarantee cases

A bench of the Supreme Court favoured the transfer of all the pending writ petitions challenging provisions of IBC on insolvency of personal guarantors and reserved its verdict.

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Coronavirus LIVE: India tally past 8 mn; 502602 new cases recorded globally

Coronavirus Live update: Maharashtra has 1,660,766 coronavirus cases, Andhra Pradesh 814,774, Karnataka 812,784, Tamil Nadu 716,751 and UP 472,075. Stay tuned for coronavirus India LIVE updates

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US pitches cheaper solar tech to India amid high dependence on China

India has an ambitious plan to increase its renewable energy capacity to 175 gigawatts (GW) by 2022, nearly three-fifths of which will be solar power

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Centre has proposed to build double-decker flyover in Chennai: Gadkari

The Centre has proposed to build a double-decker flyover connecting Chennai Port with other vital locations in Tamil Nadu at a cost of Rs 5,000 crore, Union Minister Nitin Gadkari said on Wednesday.

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Sanofi, GSK to supply Covax with 200 million doses of coronavirus vaccine

Sanofi and GSK have signed a Statement of Intent with Gavi, a global risk-sharing mechanism for pooled procurement and equitable distribution of eventual Covid-19 vaccines.

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Artificial intelligence-based algorithm for the early diagnosis of Alzheimer's

In a recent study, scientists employed machine-learning algorithms to classify fMRI data.

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Here's what to expect from Maruti Suzuki's Q2 results on Thursday

According to recent sales data, Maruti sold 3.9 lakh units, comprising 3.70 lakh units in domestic and 22,511 units in exports, during the quarter under review

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BoB Q2 preview: Lower treasury gain, elevated credit cost may cap profit

MOFSL pegs Bank of Baroda's net profit at Rs 139.4 crore for the recently concluded quarter as against net profit of Rs 737 crore in the year-ago quarter

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IndiGo Q2: Loss up to Rs 1,610 crore seen despite cost cutting measures

Prabhudas Lilladher expects yields to remain strong during the recently concluded quarter, growing 10 per cent YoY, on the back of pricing disciple, charter and Vande Bharat flights

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Average body temperature among healthy adults declined over the past two decades

In the nearly two centuries since German physician Carl Wunderlich established 98.6°F as the standard 'normal' body temperature, it has been used by parents and doctors alike as the measure by which fevers -- and often the severity of illness -- have been assessed.

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Air India Express reports highest-ever net profit at Rs 412.77 crore

Air India's low-cost international subsidiary Air India Express reported its highest-ever net profit, at Rs 412.77 crore for the financial year 2019-20

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Tuesday, October 27, 2020

Tata Group to buy majority stake in BigBasket for about $1 billion: Report

BigBasket is in advanced talks to sell a majority stake for about $1 billion to Tata Group

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Titan Co slips over 1% ahead of Q2 earnings; here's what to expect

In a quarterly update earlier this month, the company highlighted that Q2 was on a par with the year-ago period, led by improving walk-ins.

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Are you eligible for refund under interest waiver scheme? Check new rules

The government clarified that borrowers will be entitled to get a refund on an aggregate sum of Rs 2 crore borrowed from the banking system,

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Hero MotoCorp gains 4% on tie-up with US-based Harley Davidson

The company has entered into an agreement with US-based Harley Davidson for sale and service of the latter's premium motorcycles in India using the two companies' dealership networks in India

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Bharti Airtel rallies 10% on strong operational performance in Q2

Bharti Airtel's India business, monthly ARPU, an important matrix to gauge the telco's performance, rose to Rs 162 from Rs 128 a year ago and Rs 157 in the June 2020 quarter.

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Stocks to watch: Tata Motors, Bharti Airtel, Hero Moto, L&T, Axis Bk, Titan

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

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Nifty can scale new peak once 12,050 is taken out: HDFC Securities

Nifty is forming a symmetrical triangle with "shortall" in place on the daily chart, which indicates that the chances of bullish breakout is higher than the bearish breakout

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Weekly stock picks by Religare Broking: Buy Bajaj Finance, Maruti Suzuki

The auto pack is largely trading in tandem with the benchmark and most stocks have recovered to their pre-Covid levels

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Asian indices fall as coronavirus cases surge; Wall Street declines

Stock benchmarks fell in Hong Kong, Sydney and Seoul. Tokyo was flat. Shanghai recovered from early losses to edge higher

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MARKET LIVE: SGX Nifty dips 40 points; Hero MotoCorp in focus today

Catch all the live market updates here. Investors set to track L&T, Hero MotoCorp, and Axis Bank results as well as Bihar Assembly polls

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As demand picks steam in Sep, Indian economy's animal spirits soar

Economists, including those at the Reserve Bank of India, attributed the recovery to pent-up demand after a strict lockdown imposed in March to contain the coronavirus outbreak

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Bihar: What is at stake for Modi in the first election after Covid-19?

The state is currently ruled by a coalition that includes Modi's BJP and the election will be the first political test of how voters view his handling of the pandemic

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Harley finds a ride: Hero Motocorp to help build, sell bikes in India

Under the agreement Hero Motocorp will produce and handle distribution and after-sales for Harley products

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As demand picks steam in Sep, Indian economy's animal spirits soar

Economists, including those at the Reserve Bank of India, attributed the recovery to pent-up demand after a strict lockdown imposed in March to contain the coronavirus outbreak

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Hero MotoCorp Q2: What to expect from the result announcements today

At the bourses, shares of Hero MotoCorp rallied 23.5 per cent during the September quarter as compared to 9 per cent gain in the S&P BSE Sensex

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Harley finds a ride: Hero Motocorp to help build, sell bikes in India

Under the agreement Hero Motocorp will produce and handle distribution and after-sales for Harley products

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Hero MotoCorp Q2: What to expect from the result announcements today

At the bourses, shares of Hero MotoCorp rallied 23.5 per cent during the September quarter as compared to 9 per cent gain in the S&P BSE Sensex

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Coronavirus LIVE update: India cases rise to 7,978,972; US cases past 9 mn

Coronavirus update: Maharashtra has 1,654,028 coronavirus cases, Andhra Pradesh 811,825, Karnataka 805,947, Tamil Nadu 714,235 and UP 472,075. Stay tuned for coronavirus India LIVE updates

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Bihar election 2020 LIVE updates: Voting begins for Phase 1 of Bihar polls

Polling in Bihar Assembly election 2020: Phase-I will take place from 7 am to 6 pm. Stay tuned for LIVE updates on Bihar election 2020

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E-commerce firms sell goods worth $4.1 bn in first week of festive sale

The key factors that majorly boosted this year's sale include affordability, mobile phones and tier-II growth wave.

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Bharti Airtel cuts loss by 97% in Q2, logs record quarterly revenue

Ebitda margin up 366 bps YoY at 46 per cent -- highest in at least five quarters

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Covid-19 numbers declining; national approach needed on vaccine: NITI Aayog

India has reached a recovery rate of 90 per cent and the positivity rate has declined to around 7.61 per cent.

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DATA STORY: India's biggest 24-hr fall in active cases yet, lowest tally spike since July 18

India now accounts for 6.00% of all active cases globally (one in every 17 active cases), and 10.26% of all deaths (one in every 10 deaths)

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Monday, October 26, 2020

Deepika Padukone most beautiful celebrity, Amitabh most respected: TIARA

Rankings part of research report by Indian Institute of Human Brands

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Finolex Industries surges 9% on healthy September quarter numbers

In Q2FY21, the Ebitda margin improved to 24.7 per cent from 14.2 per in the corresponding quarter of the previous year.

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Zebronics Zeb-Juke Bar 9700 Pro: Powerful output, competitively priced

Coming with Dolby Atmos and a total sound output of 450W, this soundbar is a delight for those looking for bass-heavy output in the sub-Rs 20,000 segment

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Stocks to watch: Tata Motors, Bharti Airtel, Coforge, NTPC, Torrent Pharma

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

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It's right there: Nasa discovers water on Moon's crater visible from Earth

The discovery comes on the back of several other observations made in the past, including by Chandrayaan-1. Here's why it is of critical importance

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Senate confirms Donald Trump nominee Amy Coney Barett to Supreme Court

US President Donald Trump's Supreme Court nomination of Amy Coney Barrett has sailed through the Senate winning a life-time appointment and firming up the conservative hold on the bench

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Asian shares struggle to shake off US selloff amid coronavirus comeback

Australia's ASX 200 opened down about 0.6%, while Japan's Nikkei 225 futures were up 0.04%

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Bharti Airtel Q2: Stable qtr in the offing; losses to contract, ARPU rise

Last week, Bharti Airtel's Africa operations, Airtel Africa, posted an 8.8 per cent YoY fall in net profit to $88 million in the quarter ended September

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Bharti Airtel Q2: Stable qtr in the offing; losses to contract, ARPU rise

Last week, Bharti Airtel's Africa operations, Airtel Africa, posted an 8.8 per cent YoY fall in net profit to $88 million in the quarter ended September

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MARKET LIVE: SGX Nifty rises 50 points despite weak global cues

Catch all the market live updates here. Tata Motors and Bharti Airtel among 37 companies set to announce quarterly results today

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Cadila scouts partners to ramp up Covid vaccine production by 50 to 70 mn

The Ahmedabad-based firm is looking to hire contract manufacturers for an additional 50 million to 70 million doses of its plasmid DNA vaccine

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Impossible trinity: Covid, food inflation have made things tougher for RBI

In India, with supply chain disruptions and food prices pushing inflation stubbornly above target, handling the trinity is looking tougher

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Coronavirus LIVE: Air pollution increases Covid deaths by 15%, says study

Coronavirus update: Maharashtra has 1,648,665 coronavirus cases, Andhra Pradesh 808,924, Karnataka 805,947, Tamil Nadu 711,703 and UP 472,075. Stay tuned for coronavirus India LIVE updates

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LIVE: PM to launch National Conference on Vigilance & Anti-Corruption today

The inaugural session of the National Conference on Vigilance & Anti-Corruption today will be live-streamed and available on 'pmindiawebcast.nic.in' link. Stay tuned for Latest LIVE news

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China's new growth plan may push economy past US within 10 years

The country's 14th five-year plan is expected to center around technological innovation, economic self reliance and a cleaner environment

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Artificially sweetened drinks may not be heart healthier than sugary drinks

Sugary drinks and artificially sweetened beverages are associated with a higher risk of cardiovascular disease, which suggests artificially sweetened beverages may not be the healthy alternative they are often claimed to be, according to a research letter.

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Impossible trinity: Covid, food inflation have made things tougher for RBI

In India, with supply chain disruptions and food prices pushing inflation stubbornly above target, handling the trinity is looking tougher

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Coronavirus LIVE: India records 36838 in 24 hrs; global tally at 43,769,605

Coronavirus update: Maharashtra has 1,648,665 coronavirus cases, Andhra Pradesh 808,924, Karnataka 805,947, Tamil Nadu 711,703 and UP 472,075. Stay tuned for coronavirus India LIVE updates

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Healthcare as a climate solution

Although the link may not be obvious, healthcare and climate change -- two issues that pose major challenges around the world -- are in fact more connected than society may realize. So say researchers, who are increasingly proving this to be true.

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Localized vaccination surveillance could help prevent measles outbreaks

Access to more localized data on childhood vaccination coverage, such as at the school or neighborhood levels, could help better predict and prevent measles outbreaks in the United States, according to a new study.

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Time-keeping brain protein influences memory

Upsetting the brain's timekeeping can cause cognitive impairments, like when jetlag makes you feel foggy and forgetful. These impairments may stem from disrupting a protein that aligns the brain's time-keeping mechanism to the correct time of day, according to new research in fruit flies.

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Material properties for longer-lasting, more efficient solar cells

Researchers are helping to understand the fundamental processes in a material known as perovskites, work that could lead to more efficient solar cells that also do a better job of resisting degradation.

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On-surface synthesis of graphene nanoribbons could advance quantum devices

Scientists have synthesized graphene nanoribbons -- ultrathin strips of carbon atoms -- on a titanium dioxide surface using an atomically precise method that removes a barrier for custom-designed carbon nanostructures required for quantum information sciences.

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Sunday, October 25, 2020

GST officials arrest 1 person for trading in fake invoice, generating ITC worth Rs 52.19 cr

GST officials have busted a fake invoice trading racket and arrested a person for passing on input tax credit (ITC) of over Rs 50 crore, a source said on Sunday.

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Google set to roll out dark mode on Chrome OS

Chrome OS is reportedly getting a dark mode which has been in high demand for its benefits on eye strain and general readability

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Future Group may challenge arbitration award putting RIL deal on hold

Future Group said it is not a party to the agreement under which Amazon has invoked arbitration proceedings and the deal cannot be held back through the arbitration process

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DATA STORY: Lowest single-day spike in tally since July 22, in toll since July 10

The count of active cases across India has seen a net reduction of 14437, compared with 12526 on Sunday. The total now stands at 653,717, the lowest active case tally since August 13

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Future group stocks under pressure as deal with Reliance put on hold

Reliance Industries, too, dipped 2 per cent on the BSE

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Bihar election LIVE: Back BJP where LJP isn't in fray, says Chirag Paswan

Campaigning for the first phase of Bihar Assembly elections ends today. Stay tuned for LIVE updates on Bihar election 2020

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Mike Pompeo leaves for India to take part in India-US 2+2 dialogue

US Secretary of State Michael Pompeo has left for India for the third edition of the 2+2 ministerial dialogue to be held in New Delhi

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Polycab shares rally 6% on strong operational performance in Q2

In Q2FY21, the company's Ebitda grew 16 per cent year on year at Rs 312 crore, and margin improved 272 basis points to 14.76 per cent over the previous year quarter

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Tech Mahindra slips over 2% after Q2 result; should you buy the stock?

The company, on Friday, reported a 5.3 per cent year-on-year (YoY) decline in its net profit at Rs 1,064 crore for the September quarter.

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IndusInd Bank soars 4% on takeover buzz; promoters call rumor 'baseless'

According to a Bloomberg report, Uday Kotak, founder and chief executive officer (CEO) of Kotak Mahindra Bank, is looking at the possibility of an all-stock acquisition of IndusInd Bank

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YES Bank extends gain after reporting net profit of Rs 129 crore in Q2

Net interest income (NII) rose 3.4 per cent sequentially to Rs 1,973 crore in Q2 from Rs 1,908 crore in the previous quarter

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We have an opportunity to replace China as global AC exporter: Blue Star MD

Blue Star's Managing Director B Thiagarajan spoke to T E Narasimhan on how sales are expected to touch pre-Covid-19 levels during festival time and there are chances it may increase by 10 per cent

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Larsen & Toubro gains 2% as board to consider special dividend on Wednesday

The stock quoted higher for the seventh straight days, and has gained 8 per cent during the period.

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Stocks to watch: Nestle, JSW Steel, Tech Mahindra, Polycab, SBI Life, L&T

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

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Stock recommendation by Prabhudas Lilladher: Buy M&M, Motherson Sumi

The stock of Motherson Sumi has formed a decent base near 102 levels, almost making a double bottom pattern, and has currently given a spurt to indicate strength

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Nifty needs to hold 11,800 for further upside: CapitalVia Global Research

We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,000

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MARKET LIVE: Sensex falls 100 points; IndusInd Bank up 4%, RIL dips 1%

Catch all the live market updates here. Angel Broking and SBI Life among 26 companies set to declare quarterly earnings today

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Compared to Modi and Erdogan, Trump is one of the world's lamer demagogues

Two self-proclaimed outsiders to the political system, Erdogan and Modi also rose to political power on the back of anger and disaffection with the establishments

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MARKET LIVE: Sensex falls 100 points; IndusInd Bank up 4%, RIL dips 1%

Catch all the live market updates here. Angel Broking and SBI Life among 26 companies set to declare quarterly earnings today

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RBI encourages investment in sovereign bonds as part of liquidity measures

The pivot from RBI will help the government, which has said it will sell 1.1 trillion rupees more debt for the fiscal half ending in March

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LIVE updates: PM Modi to interact with CEOs of global oil, gas firms today

Around 45 CEOs of major oil and gas companies will attend the roundtable this year. Stay tuned for Latest LIVE news

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Coronavirus LIVE update: India cases at 7,909,049; US tally nears 8.9 mn

Coronavirus update: Maharashtra has 1,645,020 coronavirus cases, Andhra Pradesh 807,023, Karnataka 802,817, Tamil Nadu 709,000 and UP 468,238. Stay tuned for coronavirus India LIVE updates

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Centre to seek Parliament's nod for additional Rs 37,000 cr infra push

Centre will seek the Parliament's approval for additional spending of Rs 37,000 crore on infrastructure development in the second batch of supplementary demands for grant.

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DATA STORY: India sees lowest single-day jump in Covid tally, deaths in 3 months

While the global count of active coronavirus cases topped the 10-million mark, India's recovery rate, with 62077 new daily cured cases, improved to 90%; fatality rate remains unchanged at 1.51%

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India wants end to border row with China but will not cede land: Rajnath

The defence minister made the remarks after performing "Shastra Puja" -- the customary worship of weapons -- at the Sukna-based headquarters of the Indian Army''s 33 Corp

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Time to reset expectations for world economy with virus untamed

For decades, the world economy relied on central bankers and finance ministers to pull it out of crisis

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Mike Pompeo, Esper to push Donald Trump's anti-China message in India

As the bitter race between Trump and former Vice President Joe Biden winds down, the talks this week in New Delhi aim to reinforce the president''s anti-China campaign message

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India should be bigger than China in power and scope: Mohan Bhagwat

Bhagwat was speaking at the RSS''s annual Vijayadashami rally, which this time was limited to an indoor event attended by 50 swayamsevaks

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India has to be careful during festivals as Covid-19 crisis continues: PM

India is the worst hit in the world after the United States in the coronavirus pandemic, although infections are slowing in the world's second-most populous country

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Actively scouting for a partner for passenger vehicle biz: Tata Motors

The auto major is looking for collaboration even as the process to carve out passenger vehicle (PV) business as a separate standalone unit gathers steam

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Saturday, October 24, 2020

India economy on verge of slow recovery as worst is over, says PHDCCI

The PHDCCI drew the conclusions based on its analysis of 25 high-frequency economic indicators which point out that there has been a pickup in business normalization

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Call of Duty to Garena: Games that millennials are playing post PUBG ban

With the ban in place for PUBG Mobile in India, gamers started to look for alternative games from the Play Store and App Store

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Actively scouting for a partner for passenger vehicle biz: Tata Motors

The auto major is looking for collaboration even as the process to carve out passenger vehicle (PV) business as a separate standalone unit gathers steam

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LIC IPO may spill over to next fiscal as govt looks at valuation of insurer

A stake sale in LIC is crucial for meeting a record Rs 2.1 lakh crore disinvestment target set for the current fiscal ending March 31, 2021

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Coal imports rise 12% to 19 MT in September on improved consumption

Of total imports in September, non-coking coal's shipment was 11.97 MT as against 11.81 MT in the year-ago period

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Coal imports rise 12% to 19 MT in September on improved consumption

Of total imports in September, non-coking coal's shipment was 11.97 MT as against 11.81 MT in the year-ago period

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Prashant Kumar, tasked to lead YES Bank's revival, braces for Covid impact

Yes Bank returned to profit in the quarter ended September and Kumar made provisions for potential covid-related losses

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Samsung's Lee Kun-hee: Tainted titan who built a global tech giant

Lee, who died aged 78 on Sunday after being hospitalized for a heart attack in 2014, was driven by a constant sense of crisis

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To retire rich, don't leave too much to your kids

The retirement plan of Indians, like struggling middle-class people everywhere, now leans on spending on the education of their teenagers

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It's not how you talk about friends: Biden on Trump calling India 'filthy'

"Kamala Harris and I deeply value our partnership and will put respect back at centre of our foreign policy," Biden said in a tweet Saturday as he retweeted his op-ed in the latest issue of ethnic I

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To retire rich, don't leave too much to your kids

Global life expectancy went up by five years between 2010 and 2015, the fastest increase since the 1960s

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UN: With 50 signatories, nuclear weapons ban treaty to enter into force

As of Friday, the treaty had 49 signatories, and the United Nations said the 50th ratification from Honduras had been received

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Amid Covid-19 restrictions, India to celebrate Dusshera with fervor today

Vijayadashami is marked with women participating in 'Sindoor Khela', which involves women applying vermilion (Sindoor) on each other

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Lee Kun-hee, who transformed Samsung into global conglomerate, dies at 78

Lee, who told employees to "change everything except your wife and children" during his drive to foster innovation and challenge rivals such as Sony Corp., was South Korea's richest person.\

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US election: PM Modi, Donald Trump get along so well, says Nikki Haley

Haley, the two-term governor of South Carolina, was the first Cabinet-ranking Indian-American in any presidential administration

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Johnson & Johnson, AstraZeneca to resume trial for Covid-19 vaccine

Earlier, AstraZeneca said it had been cleared by the FDA to restart a trial that had been halted in the U.S. after a volunteer participating in a U.K. trial of the shot had fallen ill

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Excessive production will be eliminated: Amit Aggarwal on future of fashion

Ace fashion designer Amit Aggarwal believes coronavirus pandemic has pushed everyone in the fashion industry to adapt to "newer workmanship" and focus on quality rather than quantity

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Deadline for filing FY19 GST annual returns extended till December 31

The government had last month extended the last date for filing GST annual return and audit report for the 2018-19 fiscal by a month till October 31, 2020

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Deadline to file income tax return extended by a month till December 31

For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021

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Excessive production will be eliminated: Amit Aggarwal on future of fashion

Ace fashion designer Amit Aggarwal believes coronavirus pandemic has pushed everyone in the fashion industry to adapt to "newer workmanship" and focus on quality rather than quantity

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CBIC extends GSTR-9 filing date for FY19 from October 31 to December 31

"It has been decided to extend the due date for filing Annual Return and Reconciliation Statement (FORM GSTR-9C) for Financial Year 2018-19 from 31st October 2020 to 31st December 2020," CBIC said

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Deadline to file income tax return extended by a month till December 31

For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021

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Free Covid vaccine promise for Bihar polls perfectly in order: Sitharaman

Amid opposition's criticism of BJP's promise of free Covid vaccines, FM Sitharaman asserted that the announcement was perfectly in order and it can announce what it wants to do when it comes to power

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IPL 2020, KKR vs DC LIVE SCORE: Delhi bowls first; Prithvi Shaw dropped

Delhi Capitals has dropped Prithvi Shaw and picked Rahane while Nortje comes in for Sams. Sunil Narine returned to KKR playing 11. Check KKR vs DC live score and match updates

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Private sector yet to charge up on electric vehicle infrastructure

Foreign companies are more visible on technology side while domestic players like RIL-BP have plans only on paper

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Borrowers' Diwali: Govt waives interest on interest for loans up to Rs 2 cr

Housing loan, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme

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IL&FS resolves Rs 1,460 crore debt in Q2; misses target due to Covid-19

The board is now looking to resolve Rs 13,200 crore of additional debt by December 2020

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IL&FS resolves Rs 1,460 crore debt in Q2; misses target due to Covid-19

The board is now looking to resolve Rs 13,200 crore of additional debt by December 2020

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Franklin Templeton case: Karnataka HC says consent of unit holders needed

The court has restrained the trustees from taking any further steps till the consent of unit holders via simple majority is obtained

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DATA STORY: With over 700,000 cured cases, India's Covid recovery rate nears 90%

India on Friday conducted 1,269,479 coronavirus tests, taking the total count of tests conducted so far in the country to 101,382,564. The test positivity rate recorded on Thursday was 4.2%

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Franklin Templeton case: Karnataka HC says consent of unit holders needed

The court has restrained the trustees from taking any further steps till the consent of unit holders via simple majority is obtained

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Friday, October 23, 2020

US elections 2020: YouTube can't place all the political ads it gets

Campaigns have flooded YouTube with commercials in search of voters they may not be reaching on television

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Apple fixes six malicious apps posing as Adobe Flash installers

The malicious apps masquerading as Adobe Flash installer are not going to go away anytime soon as Apple has once again fixed six more such apps

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Transparency critical in coronavirus vaccine trials: Kiran Mazumdar-Shaw

She says, after healthcare workers, the military, the police and anyone who is on the frontlines, teachers and the young working class, should be given the vaccines

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Latest news LIVE updates: DU 3rd cut-off list likely to be announced today

More than 82 per cent seats in Delhi University have been filled after conclusion of admissions under the second cut off list. Stay tuned for Latest LIVE news

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NASA's OSIRIS-REx spacecraft collects significant amount of asteroid

Two days after touching down on asteroid Bennu, NASA's OSIRIS-REx mission team received on Thursday, Oct. 22, images that confirm the spacecraft has collected more than enough material to meet one of its main mission requirements -- acquiring at least 2 ounces (60 grams) of the asteroid's surface material.

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NASA's OSIRIS-REx spacecraft collects significant amount of asteroid

Two days after touching down on asteroid Bennu, NASA's OSIRIS-REx mission team received on Thursday, Oct. 22, images that confirm the spacecraft has collected more than enough material to meet one of its main mission requirements -- acquiring at least 2 ounces (60 grams) of the asteroid's surface material.

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Coronavirus LIVE update: India cases top 7.8 mn; global tally at 42,463,052

Coronavirus update: Maharashtra has 1,632,544 coronavirus cases, Andhra Pradesh 800,000, Karnataka 793,907, Tamil Nadu 703,250 and UP 463,858. Stay tuned for coronavirus India LIVE updates

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Stars and planets grow up together as siblings

ALMA shows rings around the still-growing proto-star IRS 63.

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Thursday, October 22, 2020

China aims self-sufficiency: What to watch for in its 5-Year economic plan

The finalized plan won't be made public before being formally approved by China's legislature, the National People's Congress, in March

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Cochin Shipyard leaps 5% after Radhakishan Damani picks up 0.5% stake

On October 22, 2020, Damani acquired 694,646 equity shares, representing 0.53 per cent stake, in Cochin Shipyard at Rs 349.14 per share on the NSE

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Trump accuses China, India, Russia of not taking care of their 'filthy air'

US President Donald Trump on Thursday accused China, India and Russia of not taking care of their filthy air as he justified America's withdrawal from the landmark Paris climate agreement

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Goldman Sachs image stained again with damning 1MDB investment settlements

Goldman's costs from the scandal hurtled beyond $5 billion Thursday while a subsidiary pleaded guilty to a US criminal charge for the first time in the firm's history

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Stocks to watch: Tech Mahindra, Bharti Infratel, Nestle, JSW Steel, Mphasis

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

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Investors react to last Trump-Biden final presidential election debate

US President Donald Trump and Democratic rival Joe Biden debated on Thursday for the last time ahead of the Nov 3 presidential election

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Stock picks by Nilesh Jain of Anand Rathi: Buy Adani Gas, Aarti Industries

Adani Gas stock is on the verge of a major breakout from a symmetrical triangle formation on the daily chart

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MARKET LIVE: Sensex gains 200 pts, Nifty tests 12k; SBI Cards plunges 10%

Catch all the live market updates here. Tech Mahindra, Nestle India, and YES Bank among firms set to announce results today

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MARKET LIVE: Sensex gains 200 pts, Nifty tests 12k; SBI Cards plunges 10%

Catch all the live market updates here. Tech Mahindra, Nestle India, and YES Bank among firms set to announce results today

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Here's a Bull Spread Strategy on L&T by Nandish Shah of HDFC Securities

Long build up is seen in the L&T Futures' till now in the October series where we have seen 23% rise in the Open Interest with Nifty rising by 10%

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Bihar election 2020 LIVE: PM Modi, Rahul Gandhi to address rallies today

PM Modi will address three rallies at Dehri-on Sone (Rohtas district), Gaya and Bhagalpur to seek support for NDA nominees. Stay tuned for LIVE updates on Bihar election 2020 campaigns

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US Presidential debate LIVE: Look at India, the air is filthy, says Trump

President Donald Trump and his Democratic challenger, Joe Biden, are facing off in Nashville, Tennessee in their final debate ahead of US election 2020. Stay tuned for Latest LIVE news

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Kalanithi Maran moves Delhi HC against non-payment of Rs 243 cr by SpiceJet

Seeks attachment of promoter Ajay Singh's shares; SpiceJet moves SC

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Equitas SFB IPO subscribed two times even as HNIs give offer a miss

Institutional investor portion was subscribed 3.8 times, while the retail investor portion was subscribed 2 times

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Maharashtra govt invites Tesla after Elon Musk hints entry into India

India's richest state Maharashtra has invited U.S. electric-car maker Tesla Inc, weeks after its Chief Executive Officer Elon Musk suggested entering the country next year

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How'd we get so picky about friendship late in life? Ask the chimps

When humans age, they tend to favor small circles of meaningful, already established friendships rather than seek new ones. People are also more likely to lean toward positive relationships rather than ones that bring tension or conflict. These behaviors were thought to be unique to humans but it turns out chimpanzees, one of our closest living relatives, have these traits, too. The study shows what's believed to be the first evidence of nonhuman animals actively selecting who they socialize with during aging.

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Centre holds consultations with states for formulating new STIP policy

Union minister Harsh Vardhan on Thursday held detailed consultations with the states for the formulation of Science Technology and Innovation Policy (STIP) 2020, the Department of Science and Technology said. Addressing a virtual meeting with the state ministers and senior officials of the Ministry of Science and Technology, Vardhan said the policy aims to re-energise the country's scientific ecosystem and redefine the priorities and sectoral focus so as to directly translate efforts in S&T for the benefit of the society and economy. He said through extensive deliberations, the STIP 2020 proposes institutionalisation of Centre-State STI engagements and creation of pathways to successfully percolate the policy instrument to the grassroots level. There is a need to identify national priorities that are driven by the needs of the states. Through development of formal linkages, we hope to carry out continuous highest level of engagements, extensive capacity-building exercises, ...

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Humans are born with brains 'prewired' to see words

Humans are born with a part of the brain that is prewired to be receptive to seeing words and letters, setting the stage at birth for people to learn how to read, a new study suggests. Analyzing brain scans of newborns, researchers found that this part of the brain -- called the 'visual word form area' (VWFA) -- is connected to the language network of the brain.

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Smile, wave: Some exoplanets may be able to see us, too

Three decades after astronomer Carl Sagan suggested that Voyager 1 snap Earth's picture from billions of miles away -- resulting in the iconic Pale Blue Dot photograph - two astronomers now offer another unique cosmic perspective: Some exoplanets -- planets from beyond our own solar system - have a direct line of sight to observe Earth's biological qualities from far, far away.

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Turbulent era sparked leap in human behavior, adaptability 320,000 years ago

The first analysis of a sedimentary drill core representing 1 million years of environmental history in the East African Rift Valley shows that at the same time early humans were abandoning old tools in favor of more sophisticated technology and broadening their trade, their landscape was experiencing frequent fluctuations in vegetation and water supply that made resources less reliably available. The findings suggest that instability in their landscape was a key driver of human adaptability.

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Do the twist: Making two-dimensional quantum materials using curved surfaces

Scientists have discovered a way to control the growth of twisting, microscopic spirals of materials just one atom thick. The continuously twisting stacks of two-dimensional materials built by a team create new properties that scientists can exploit to study quantum physics on the nanoscale.

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Upcycling polyethylene plastic waste into valuable molecules

Researchers develop a one-pot, low temperature catalytic method to turn polyethylene polymers into alkylaromatic molecules.

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Future VR could employ new ultrahigh-res display

Repurposed solar panel research could be the foundation for a new ultrahigh-resolution microdisplay. The OLED display would feature brighter images with purer colors and more than 10,000 pixels per inch.

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Wednesday, October 21, 2020

Hemisphere Properties shares locked in 5% lower circuit on debut

HPIL was formed as part of the disinvestment exercise carried out by the Government of India in respect of its holdings in the erstwhile VSNL

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Wipro, SAP collaborate to help organisations improve productivity

Wipro announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.

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Sagar Cements surges 8%, hits 52-week high on robust Q2 results

The management said volumes and prices are gradually improving on the back of good demand

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US proposes not to issue business visa for H-1B speciality occupations

The State Department has proposed not to issue temporary business visas for H-1B speciality a move which could affect hundreds of Indians

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JK Tyre gains 9% on strong operational performance in September quarter

The management said the profitability during the quarter improved significantly due to aggressive cost-cutting measures.

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Inflation is a key risk to India's V-shaped economic recovery

As we parse through the data, we think that the underlying growth momentum suggests a broadening of the recovery, with domestic demand indicators improving

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Stocks to watch: Asian Paints, Bajaj Auto, Biocon, Vedanta, ZEEL, KPIT Tech

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

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Pricey haircuts to costly security messes India's retail inflation outlook

Clues for whether sticky price pressures could keep policy makers on pause for longer will be available when the minutes of the MPC's latest meeting are published Friday

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HDFC Bank m-cap tripled in 6 yrs. But this rare bear on the stock still made money

After a 63% rebound from its March low, HDFC Bank's stock is too expensive given the risks related to management change and asset quality

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Asia defies dire predictions of a massive spike in corporate bankruptcies

Lockdowns worldwide prompted by the coronavirus outbreak have wrecked economic growth and led to bankruptcies of firms

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Pricey haircuts to costly security messes India's retail inflation outlook

Clues for whether sticky price pressures could keep policy makers on pause for longer will be available when the minutes of the MPC's latest meeting are published Friday

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Bajaj Auto Q2: Analysts see 10- 26% YoY dip in PAT; margin expansion likely

According to the company's monthly auto sales data, Bajaj Auto sold 10.53 lakh units during Q2FY21, down 10.2 per cent on YoY basis

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Trading strategies for copper and zinc by Bhavik Patel of Tradebulls Sec

Copper is already trading above its important moving average of 20 and 50 DMA but the breakout from the range has given new direction to Copper

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MARKET LIVE: SGX Nifty trends suggest a flat start; Vedanta in focus

Catch all the live market updates here. Asian Paints, Bajaj Auto, SBI Cards Q2 results to be announced today

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Bajaj Auto Q2: Analysts see 10- 26% YoY dip in PAT; margin expansion likely

According to the company's monthly auto sales data, Bajaj Auto sold 10.53 lakh units during Q2FY21, down 10.2 per cent on YoY basis

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Nifty outlook & trading ideas by Gaurav Garg of CapitalVia Global Research

As per weekly option data, handful of put writing on lower strikes ranging from 11,600 to 11,800 is witnessed which shows Nifty would face firm support in the sub11,800 zone

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India at doorstep of economic revival, says RBI Governor Shaktikanta Das

Indian economy is nearing revival from the Covid-19 pandemic, said RBI Governor Shaktikanta Das, adding it is very important that the financial entities have adequate capital

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India at doorstep of economic revival, says RBI Governor Shaktikanta Das

Indian economy is nearing revival from the Covid-19 pandemic, said RBI Governor Shaktikanta Das, adding it is very important that the financial entities have adequate capital

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LIVE: India to observe Black Day today to mark 1947 Pak-backed raid on J&K

October 22 is observed as "Black Day" to mark the day of the 1947 raid when Pakistan-backed militia invaded J&K and settled down on what today is known as PoK. Stay tuned for Latest LIVE news

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Coronavirus LIVE update: India cases at 7,705,158; death toll hits 116,653

Coronavirus update: Maharashtra has 1,617,658 coronavirus cases, Andhra Pradesh 793,299, Karnataka 776,901, Tamil Nadu 694,030 and UP 444,711. Stay tuned for coronavirus India LIVE updates

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Best of BS Opinion: Ladakh standoff, overriding the Constitution, and more

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

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Pakistan political crisis deepens as Sindh police revolts against Army

Police say they were left 'demoralised, shocked' after chief was kidnapped

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Interactions within larger social groups can cause tipping points in contagion flow

Contagion processes, such as opinion formation or disease spread, can reach a tipping point, where the contagion either rapidly spreads or dies out. When modeling these processes, it is difficult to capture this complex transition.

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Tuesday, October 20, 2020

Hindustan Zinc jumps 4% as board approves dividend of Rs 21.30 per share

The company has announced a healthy dividend of Rs 21.3 per share, resulting in a dividend yield of around 10 per cent

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HDFC Bank rises 6% in 4 days, hits 8-month high on strong Q2 results

In the past month, the stock has rallied 18 per cent, against 8 per cent gain in the S&P BSE Sensex

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A missed opportunity: ITC could build India's digital, agri-business model

A cash-strapped New Delhi, which is delaying fiscal support to an economy expected to lose a 10th of its real output this year to Covid-19, also needs to rethink its stance

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Why is Modi's still so popular even as India fails to fight coronavirus

In the absence of significant national opposition, voters have been willing to give Modi a very long leash

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The (food) grain of Punjab's own farm Bills

The MSP is declared for 23 crops. This means that farmers of other crops or those trying to diversify under contract farming would not have the MSP protection of the Bills

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Realme 100W soundbar review: A basic audio system to complement smart TVs

At Rs 6,999, the Realme 100W Soundbar is on the pricier side considering it is a fundamental audio system

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Trump campaign burned through almost half its cash in Sept, about $139.3 mn

Trump's campaign committee raised $83.1 million in September while spending $139.3 million, the filings showed

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Stocks to Watch: Reliance Ind, Prabhat Dairy, Bajaj Finance, Motherson Sumi

Here is a list of stocks that may trade actively today

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US antitrust case against Google mimics lawsuit that attacked Microsoft

Shares of Google parent Alphabet Inc. rose after the complaint came out as analysts argued getting rid of the payments may save the company money

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A missed opportunity: ITC could build India's digital, agri-business model

A cash-strapped New Delhi, which is delaying fiscal support to an economy expected to lose a 10th of its real output this year to Covid-19, also needs to rethink its stance

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Banks, FMCG stocks may outperform in near-term: HDFC Securities

BankNifty index has broken out from the "Flag" pattern on the daily chart, which indicates a fresh momentum buying the Banking stocks

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Best of BS Opinion: China gaining traction, corporate frauds, and more

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

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

Catch all the live market updates here. Bajaj Finance and Ultratech Cement among 31 companies set to announce quarterly results today

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

Catch all the live market updates here. Bajaj Finance and Ultratech Cement among 31 companies set to announce quarterly results today

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Weekly stock picks by Religare Broking: Buy Bharat Forge, IndusInd Bank

Among the private banking names, IndusInd Bank has been trading in a congestion zone and its chart pattern is showing the potential of a breakout in near future

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Coronavirus LIVE updates: India cases at 7,649,158; global tally past 41 mn

Coronavirus update: Maharashtra has 1,609,516 coronavirus cases, Andhra Pradesh 783,132, Karnataka 776,901, Tamil Nadu 694,030 and UP 444,711. Stay tuned for coronavirus India LIVE updates

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US Justice Department sues Google in biggest antitrust case in 20 years

Case marks a rare moment of agreement between Trump and the Democrats, with 11 states taking the firm to court

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Biscuit maker Mrs Bectors Food files Rs 550-crore IPO papers with Sebi

The IPO comprises fresh issuance of shares worth Rs 50 crore and offer of sale to the tune of Rs 500 crore by existing shareholders

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At 508 kmph, reptilian SSC Tuatara hypercar is the world's fastest car

Formed in 1998, SSC is among the most obscure automakers in the world

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Aavas Financiers gets board approval to raise Rs 100 crore via bonds

Aavas Financiers on Tuesday said its board has approved plans to raise up to Rs 100 crore by issuing bonds on private placement basis.

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Realme Smart TV SLED 4K review: Pricier than LED smart TVs, but worth it

Is SLED a real breakthrough in display technology or just another marketing gimmick? Let's find out

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Paddy procurement in current season exceeds by 22.43%, says govt

Govt claimed that Paddy procurement in current season has exceeded by 22.43% as compared to the previous season and the Government continues to procure Kharif 2020-21 crops on MSP from the farmers

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High levels of microplastics released from infant feeding bottles during formula prep

New research shows that high levels of microplastics (MPs) are released from infant-feeding bottles (IFBs) during formula preparation. The research also indicates a strong relationship between heat and MP release, such that warmer liquids (formula or water used to sterilize bottles) result in far greater release of MPs. The work underlines the need for appropriate mitigation strategies and new plastic technologies.

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Kajaria Ceramics gains for third straight day ahead of Q2 results

In the past three days, Somany Ceramics (up 19 per cent) Kajaria Ceramics (9 per cent) have outperformed the S&P BSE Sensex, which up 2.4 per cent during this period

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Monday, October 19, 2020

Zydus Cadila gets USFDA nod for overactive bladder treatment drug

Drug firm Zydus Cadila on Tuesday said it has received final approval from the US health regulator to market Solifenacin Succinate tablets, used for treatment of overactive bladder

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Rallis India declines 5% as revenue slip 3% in September quarter

The consolidated net profit de-grew 2 per cent to Rs 83 crore as against Rs 85 crore in the year-ago quarter

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IFC to invest $75 mn in Indospace Logistics to develop industrial parks

The funding will provide Indospace with long-term finance against the backdrop of the Covid-19 pandemic to continue investing and developing select projects

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Britannia declines 5% as Q2 revenue slightly misses analysts' expectations

Total revenue from operations climbed 12.15 per cent to Rs 3,419.11 crore during the quarter under review.

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ACC rises 4% post September quarter results; other cement stocks rally too

ACC said the efficiency and cost reduction drove Ebitda margin expansion by 328 basis points during the quarter

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Time to invest in cyclicals as economic recovery gathers steam: Analysts

Despite the large economic impact of the Covid-19 pandemic, the markets have recovered sharply even though the performance among individual stocks has been quite polarised

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Time to invest in cyclicals as economic recovery gathers steam: Analysts

Despite the large economic impact of the Covid-19 pandemic, the markets have recovered sharply even though the performance among individual stocks has been quite polarised

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Larsen & Toubro gains 2% on hopes of contract win for bullet train project

L&T has emerged as the lowest bidder in the financial bids for the design and construction of civil works for 47 per cent of the alignment of the Mumbai-Ahmedabad High-Speed Rail corridor

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Stocks to watch: Wipro, HUL, L&T, L&T Tech, Britannia, ACC, Sunteck Realty

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

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Trump turns Fauci Into Republican campaign pawn, assailing him as 'Idiot'

Those comments came hours after the president complained to his campaign staff about Fauci. He said he couldn't fire the doctor because of public perception

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Death of an infant shows cruelty of starving in a country of food abundance

Governments across the world have failed to prevent a hunger crisis that is reaching monumental proportions

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Bank Nifty likely to outperform Nifty in the coming days, says Nilesh Jain

A fresh put writing at 24,000 strike indicates that put writers are shifting the base higher and we might see further upside move on the back of a short-covering rally

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MARKET LIVE: SGX Nifty dips 40 points; HDFC Life, Britannia in focus

Catch all the live market updates here HUL, L&T Infotech, and Bombay Dyeing among companies set to report quarterly numbers today

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MARKET LIVE: SGX Nifty dips 40 points; HDFC Life, Britannia in focus

Catch all the live market updates here HUL, L&T Infotech, and Bombay Dyeing among companies set to report quarterly numbers today

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Samsung Galaxy Watch 3 review: Elegant design lifted by modern features

Priced at Rs 38,990, the Samsung Galaxy Watch 3 (45mm LTE variant, black body and leather straps) is a capable smartwatch that doubles up as a feature-rich health and fitness device

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LIVE: Railways to run 392 special trains from today; fares 10-30% higher

The Railways will operate 392 festival special trains between October 20 and November 30 in view of the upcoming festive season. Stay tuned for Latest LIVE news

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Coronavirus LIVE: India sees drop in new cases; WHO cautions against easing

Coronavirus update: Maharashtra has 1,601,365 coronavirus cases, Andhra Pradesh 783,132, Karnataka 770,000, Tamil Nadu 690,936 and UP 444,711. Stay tuned for coronavirus India LIVE update

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Patients who had more severe COVID-19 may be the best donors for convalescent plasma therapy

Sex, age, and severity of disease may be useful in identifying COVID-19 survivors who are likely to have high levels of antibodies that can protect against the disease.

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Mouthwashes, oral rinses may inactivate human coronaviruses, study finds

Certain oral antiseptics and mouthwashes may have the ability to inactivate human coronaviruses, according to a new study. The results indicate that some of these products might be useful for reducing the viral load, or amount of virus, in the mouth after infection and may help to reduce the spread of SARS-CoV-2, the coronavirus that causes COVID-19.

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India to get $177 million loan from ADB for Maharashtra road improvements

The Asian Development Bank and the Indian government signed an agreement for $177 million loan to upgrade 450 kilometres of state highways and major district roads in the state of Maharashtra

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Criteria to predict cytokine storm in COVID-19 patients identified

Researchers have developed and validated predictive criteria for early identification of COVID-19 patients who are developing hyperimmune responses, raising the possibility for early therapeutic intervention.

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New lab test clarifies the potential protective effects of COVID-19 antibodies

Knowing you have developed antibodies against the SARS-CoV-2 virus after recovering from COVID-19 doesn't tell you everything about your immunity. Scientists have developed a new lab testing procedure for the detection of antibodies against SARS-CoV-2 that gives results more quickly than existing assays and specifically identifies so-called 'neutralizing' antibodies.

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Sunday, October 18, 2020

Britannia trades nearly 1% higher ahead of Q2 nos; here's what to expect

Analysts at Edelweiss Securities estimate Britannia's revenue, EBITDA and net profit to jump 15 per cent, 31.8 per and 23.8 per cent year-on-year (YoY), respectively.

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Bank stocks in focus on good operational show by Federal, HDFC Bank in Q2

ICICI Bank, Axis Bank Federal Bank, Bandhan Bank and RBL Bank from the Nifty Bank index were up more than 4 per cent on the National Stock Exchange (NSE)

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Driving mode in Google Assistant begins rolling out on Android phones

The new feature is supposed to serve as a replacement for the Android Auto app on smartphones

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DHFL hits 10% upper circuit on report of Adani, Piramal submitting bids

The Administrator of the Company has received four resolution plans with respect to the options given to the Prospective Resolution Applicants

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HDFC Bank gains 2.5% on improved asset quality in Q2, 18% YoY jump in PAT

The country's largest private lender clocked an 18.4 per cent year-on-year (YoY) growth in its net profit on substantial growth in interest earnings and other income

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SRF hits a fresh record high on successful fundraising through QIP issue

ICICI Prudential Mutual Fund, HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, Nippon Life India Asset Management, and SBI Mutual Fund have allotted shares in QIP.

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Avenue Supermarts falls 2% as profit dips 38% YoY in September quarter

Ebitda margin contracted 240 basis points to 6.2 per cent in Q2FY21 from 8.6 per cent in the year-ago quarter

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Nokia wins $14.1 million NASA contract to set up 4G network on Moon

The company intends for the network to support wireless operation of lunar rovers and navigation, as well as streaming video

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Stocks to watch: HDFC Bank, Avenue Supermarts, Jet Airways, Britannia, ACC

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

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China's GDP grows 4.9% y-o-y in September quarter, misses expectations

The economy grew 0.7 per cent in the first nine months from a year earlier, the data showed

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MARKET LIVE: SGX Nifty indicates a strong start; HDFC Bank in focus

Catch all the live market updates here. ACC, Britannia Industries, and HDFC Life to announce quarterly results today

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MARKET LIVE: SGX Nifty indicates a strong start; HDFC Bank in focus

Catch all the live market updates here. ACC, Britannia Industries, and HDFC Life to announce quarterly results today

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Stock recommendation by Prabhudas Lilladher: Buy Hindalco, Aurobindo Pharma

The RSI indicator for Hindalco Industries has recently indicated a decent rise to imply strength

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Recovery of shadow banks in doubt as lenders take a hit from Covid-19

Average spreads on the lenders' AAA rated five-year bonds rose for the first time in four months in September

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Commodity picks: 19 October, 2020

Soybean at the benchmark Indore markets traded at Rs 4,145 per quintal; Chana price is expected to move up marginally from Rs 5,475 to Rs 5,525-5,550 per quintal in the Delhi market

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Coronavirus LIVE update: India cases at 7,548,238; death toll at 114,642

Coronavirus update: Maharashtra has 1,595,381 coronavirus cases, Andhra Pradesh 783,132, Karnataka 751,390, Tamil Nadu 687,400 and UP 444,711. Stay tuned for coronavirus India LIVE update

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Latest news LIVE: DU admission process under 2nd cut-off list from today

The Delhi University's admission process under the second cut-off list will commence from today. Stay tuned for Latest LIVE news

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Kalrock to pilot Jet Airways take-off with Rs 1,000-crore investment

While Jet has admitted claims of over Rs 15,000 crore, the resolution plan consists of Rs 866 crore in upfront and deferred payment to creditors

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Indian democracy passing through most difficult phase: Sonia Gandhi

Addressing a meeting of AICC general secretaries and state-incharges, which she presided over, Gandhi launched a scathing attack on the government

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Singapore-based bond trade platform set for New Year launch in India

Singapore-based bond exchange, BondEvalue, developed by India-origin entrepreneurs, is targeting to launch a blockchain-platform in the New Year to facilitate investment in bonds by individuals

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Cold storage real estate stock rises up to 1,500 mn sq ft by 2023: Report

The rising demand for food and groceries on e-commerce platforms will fuel the growth in the cold storage business, property consultant CBRE has said

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Gems, jewellery exports may dip 20-25%; growth expected by FY22: GJEPC

The gems and jewellery export is expected to decline by 20-25 per cent this fiscal year compared to 2019-20 due to the disruptions caused by the Covid-19 pandemic, GJEPC said on Saturday

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MCX invites bids for augmentation of commodity derivatives platform

The Multi Commodity Exchange of India is planning to implement a new advanced Commodity Derivatives Platform (CDP) for its trading and clearing related services

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Light at the end of the tunnel: Jet Airways staff after nod to revival plan

The airline's employees have admitted claims of Rs 1,265 crore

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India's passenger vehicles exports fall 58% in first half of FY21

Passenger car exports during the period under review stood at 1,00,529 units, down 64.93 per cent from 2,86,618 units in April-September, 2019-20

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Domestic steel industry showing signs of recovery as demand picks: RINL CMD

Due to the bad market conditions developed post outbreak of the virus, steel makers were forced to cut down their operations by up to 50 per cent in April

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'Samosa caucus': US Congress could have more Indian Americans to the House

The "Samosa caucus" comprises of five Indian-American lawmakers, including four members of the House of Representatives and Senator and Democratic vice presidential nominee Kamala Harris

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Living coronavirus detected, isolated on frozen food packaging in China

It is for the first time in the world that living novel coronavirus has been isolated from the outer packaging of cold-chain food

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Active users' tally: Jio gains 2.5 mn subscribers as Airtel, Voda-Idea slip

Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month

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UN Secretary-General Guterres urges solidarity for people living in poverty

"Women are at greatest risk because they are more likely to lose their jobs, and less likely to have social protection"

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Domestic steel industry showing signs of recovery as demand picks: RINL CMD

Due to the bad market conditions developed post outbreak of the virus, steel makers were forced to cut down their operations by up to 50 per cent in April

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Active users' tally: Jio gains 2.5 mn subscribers as Airtel, Voda-Idea slip

Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month

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Saturday, October 17, 2020

Power consumption up 11.45% in October driven by industrial activity

The extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month

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China passes export control law to protect civil, military, nuclear items

The country's top legislative body, the National People's Congress Standing Committee, adopted the measure on Saturday that applies to all companies in China

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Covid-19 impact: Gold imports down 57% to $6.8 bn in first half of FY21

Silver imports during April-September 2020 too dipped 63.4 per cent to USD 733.57 million (about Rs 5,543 crore), the data showed

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Power consumption up 11.45% in October driven by industrial activity

The extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month

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France: Paris suburb knife attacker is of Chechen origin, says prosecutor

The prosecutor said the 18-year-old suspect, who was shot dead by police as he refused to surrender, was a refugee of Chechen origin and not previously known to the intelligence services

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People 'have had enough': Coronavirus fatigue sets in as cases surge

Rituals of hope and unity that helped people endure the first surge of the coronavirus have given way to exhaustion and frustration.

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A controllable membrane to pull carbon dioxide out of exhaust streams

A system developed by chemical engineers could provide a way of continuously removing carbon dioxide from a stream of waste gases, or even from the air. The key component is an electrochemically assisted membrane whose permeability to gas can be switched on and off at will, using no moving parts and relatively little energy.

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Recycling to reselling iPhones: Maybe Apple isn't as green as it claims

Earlier this year, Apple filed a lawsuit against GEEP Canada, a recycler it had hired to destroy and recycle old devices

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US agency hikes processing fee for visa applications by up to 75%

Hike may have a short-term cost impact on IT Indian companies, which are already ramping up hiring in the US and offshoring projects elsewhere.

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Fats fighting back against bacteria

With antibiotic-resistant superbugs on the rise, this research shows a new way that cells are using to protect themselves - using fats as a covert weapon, and giving us new insights into alternative ways to fight infection.

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Calcium bursts kill drug-resistant tumor cells

Multidrug resistance (MDR) -- a process in which tumors become resistant to multiple medicines -- is the main cause of failure of cancer chemotherapy. Tumor cells often acquire MDR by boosting their production of proteins that pump drugs out of the cell, rendering the chemotherapies ineffective. Now, researchers have developed nanoparticles that release bursts of calcium inside tumor cells, inhibiting drug pumps and reversing MDR.

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Investigational ALS drug prolongs patient survival in clinical trial

An experimental medication that was recently shown to slow the progression of amyotrophic lateral sclerosis has now demonstrated the potential to also prolong patient survival. The findings come from a recent clinical trial.

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Molecular design strategy reveals near infrared-absorbing hydrocarbon

The lessons learned from a near infrared absorbing, bowl-shaped molecule made only from hydrogen and carbon atoms offers insights for future organic conductors.

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Calcium bursts kill drug-resistant tumor cells

Multidrug resistance (MDR) -- a process in which tumors become resistant to multiple medicines -- is the main cause of failure of cancer chemotherapy. Tumor cells often acquire MDR by boosting their production of proteins that pump drugs out of the cell, rendering the chemotherapies ineffective. Now, researchers have developed nanoparticles that release bursts of calcium inside tumor cells, inhibiting drug pumps and reversing MDR.

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Tata Motors ties up with HDFC Bank for financing of passenger vehicles

Tata Motors on Saturday said it has collaborated with HDFC Bank for financing of its passenger vehicles

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DATA STORY: India's active Covid cases now under 800,000, down 22% from peak

India's new daily closed cases stand at 71,653 - 837 deaths and 70816 recoveries. The share of deaths in total closed cases stands at 1.19%

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Franklin Templeton MF's six shut schemes generate Rs 8,302 cr since closure

Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 8,302 crore from maturities, pre-payments and coupon payments since closing down in April

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Franklin Templeton MF's six shut schemes generate Rs 8,302 cr since closure

Franklin Templeton Mutual Fund has said its six shut schemes have received Rs 8,302 crore from maturities, pre-payments and coupon payments since closing down in April

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LIVE: Militant killed in encounter with security forces in J&K's Anantnag

Militant killed in encounter with security forces in Anantnag district of Jammu and Kashmir, says army. Stay tuned for Latest LIVE news

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Friday, October 16, 2020

Apple's iPhone 11, iPhone SE 2020 gone in a jiffy during India festive sale

Apple iPhone 11 and SE 2020 went flying off the shelves on the first day of the festive sale in India

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Google stops biggest-ever distributed denial-of-service cyber attack

The cyber security threats such as distributed denial-of-service (DDoS) are growing exponentially, disrupting businesses of all sizes globally, leading to outages and loss of user trust

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What is an algorithm? How the computers know what to do with data

In the most general sense, an algorithm is a series of instructions telling a computer how to transform a set of facts about the world into useful information

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How Jharkhand's rich households corner power subsidies worth Rs 300 cr

Jharkhand's electricity consumers received a total subsidy worth Rs 1,250 crore ($170 million) during April 2018-March 2019 (or financial year 2018-19)

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Nawaz accuses security of orchestrating his ouster, bringing Imran to power

Pakistan Muslim League (N) chief Nawaz Sharif accused the security establishment of being behind his ouster as Prime Minister and for bringing Imran Khan to power

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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...