Friday, 31 July 2020
What is behind curb on television imports from China
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In a late-night notification on Thursday, the Directorate General of Foreign Trade (DGFT) put coloured TV imports under the “restricted” cat...
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Coupon on new benchmark bond set at 5.77%
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The yield on the new paper closed flat at 5.77% after Friday’s session. RBI data show that the new bond received competitive bids of Rs 62,4...
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Shares of life insurers rise between 83% and 93% from March lows
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HDFC Life is the first insurer to make its way to the Nifty from Friday. The stock, which has replaced Vedanta in the Nifty, has risen by 83...
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End 2G, cut taxes: Mukesh Ambani and Sunil Mittal have these two demands from Centre
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Kumar Mangalam Birla, who heads Vodafone Idea, did not present his views, though his name was mentioned in the keynote speakers. from The ...
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Negative real rates may be a new normal: SBI report
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It is important to keep real rates negative at present as it could have a “sobering” effect on asset quality, the report said, adding that t...
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100% FDI in affordable rental housing desirable: Hardeep Singh Puri
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On July 8, the government approved Affordable Rental Housing Complexes (ARHCs) as a sub scheme under Pradhan Mantri Awas Yojana (Urban) to p...
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Who asked you to get Covid-19?
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In the event, the government said that all those getting infected should be asked for a written explanation as to how this happened; weren’t...
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Amazon posts operating profit of $345 million; sales see surge of 40%
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Amazon is holding Prime Day sale event in India on August 6 and 7. The event has been pushed to Q4 for all other markets. from The Financi...
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Hurricane Might Delay NASA Astronauts Return Slated For August 2
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The first US astronauts to reach the International Space Station on an American spacecraft in nearly a decade might not come home this weeke...
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Trump’s Coronavirus Testing Chief Concedes a Lag in Test Results
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By BY SHERYL GAY STOLBERG AND KATHERINE J. WU from NYT U.S. https://ift.tt/31b4IR0
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Congress welcomes temple construction
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Congress spokesman Jaiveer Shergill said, “Indian National Congress whole-heartedly welcomed and welcomes the judgment of the Supreme Court ...
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Thursday, 30 July 2020
NEP 2020: Renaissance for schooling, but mind the language issue
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NEP sets the tone for more meaningful school education, but certain aspects like medium of instruction etc need a relook from The Financia...
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Economic recovery to come with end of lengthy, complete lockdowns: Deepak Parekh
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Global fiscal support towards the pandemic now stands at $12 trillion and monetary policy across the globe has eased through lower interest ...
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Businesses expect recovery by June 2021: PwC Survey
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They attribute this resilience to operational flexibility, robust crisis management and process/product innovation. For many, this is a resu...
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Housing Sales will be better in July-September: Sobha MD
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Bengaluru is under a lockdown, which will hamper customers’ movement in terms of physically visiting the property and it contributes 70% plu...
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Widespread take-up of moratorium credit-negative for banks: Moody’s
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“The high take-up rates by borrowers of small finance banks (SFBs) and non-bank finance companies (NBFCs) is a result of these institutions’...
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Debt mutual funds: Savvy investing is discovering risks early
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From October, AMCs will disclose the portfolio factsheet twice a month and the yield to maturity of the instruments will convey what the mar...
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Demand slump to reduce readymade garment makers revenues by 25%-30%
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A sharp fall in both domestic and exports demand because of the Covid-19 pandemic, lower profitability, and elongation of working capital cy...
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Tariffs need to go up as current prices are unsustainable: Airtel MD & CEO
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For instance, Jio has launched its own video-conferencing solution JioMeet while Airtel has partnered with Verizon to come up with Airtel Bl...
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Louie Gohmert’s Coronavirus Case Reveals a Dangerous Reality in Congress
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By BY NICHOLAS FANDOS AND CATIE EDMONDSON from NYT U.S. https://ift.tt/39EFAGk
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Trump Floats an Election Delay, and Republicans Shoot It Down
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By BY MAGGIE HABERMAN, JONATHAN MARTIN AND REID J. EPSTEIN from NYT U.S. https://ift.tt/30ehQWo
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Disband panel probing killing of Dubey: PIL in SC
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A Mumbai-based advocate-cum-PIL petitioner on Thursday moved the Supreme Court seeking disbanding of the inquiry commission formed to look i...
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38 yrs on, SC clears man accused of adulteration
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Prem Chand, now 76 years old, was charged after sample of haldi (turmeric) taken from his shop in a village in Sonepat district in 1982 by a...
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Centre extends term of Krishna Water Dispute Tribunal by one year
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The Ministry of Jal Shakti on Thursday issued a gazette notification extending the tenure of the Tribunal for one year from August 1, 2020 ...
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Wednesday, 29 July 2020
GPT-3: OpenAI’s language processing software should avoid fate met by Microsoft’s Tay
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But, what AI/ML still must contend with is the problem of inherent bias. As most data is collated from online sources, it is quite influence...
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COVID-19 impact: Assets under management of NBFCs may degrow first time in 20 years, says Crisil
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The Crisil report also mentioned that lower repayments during the moratorium period and capitalisation of accumulated interest would, howeve...
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National Education Policy 2020: Tectonic shift for the better of higher education
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The NEP 2020 sets right many lingering problems, especially on regulation, but the govt’s fee fixation could undo gains from The Financial...
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National Education Policy 2020: A new dawn for India
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NEP 2020 is precisely what India needs to dominate in the future decades of growth, and drive the education requirements of our young popula...
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UK To Return Statue Of Lord Shiva Stolen From India
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An ancient and priceless statue of Lord Shiva, stolen from a temple in Rajasthan and smuggled to the UK, is set to be returned to its rightf...
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US Covid Deaths Top 150,000, Among Highest In Deaths Per Capita Globally
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US deaths from the novel coronavirus surpassed 150,000 on Wednesday, a number higher than in any other country and nearly a quarter of the w...
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Lawmakers, United in Their Ire, Lash Out at Big Tech’s Leaders
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By BY CECILIA KANG AND DAVID MCCABE from NYT Technology https://ift.tt/2DfEeFN
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As Trump Undercuts Aid Talks, White House Says Extra Jobless Benefits Will Lapse
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By BY EMILY COCHRANE AND JIM TANKERSLEY from NYT Business https://ift.tt/39PSGkh
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Atlanta Mourns John Lewis and Ponders Carrying on With ‘Good Trouble’
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By BY RICK ROJAS AND RICHARD FAUSSET from NYT U.S. https://ift.tt/3hJlqxu
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Trump Plays on Racist Fears of Terrorized Suburbs to Court White Voters
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By BY ANNIE KARNI AND MAGGIE HABERMAN from NYT U.S. https://ift.tt/39FSmVa
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Tuesday, 28 July 2020
Rabi sales mostly profitable to farmers despite early market disruptions
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For the April-June quarter as whole, mandi prices of many crops including masur and mustard were higher than the year-ago period, although m...
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Dispute over resolution: Urjit Patel’s criticism of IBC changes is flawed
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The expectations from the IBC have not been fully met because it is not a panacea. But it has certainly made a difference by discernibly imp...
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Gas consumers object to government’s pipeline tariff rationalisation plan
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However, PNGRB’s draft amendment proposes that unified tariff would be applicable only on the integrated trunk pipeline network of state-run...
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COVID-19 impact: Creating a new normal for retail
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This pandemic has fast-forwarded digital transformation. Now is the time for retail players to invest in the right technologies from The F...
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Bear Markets: Lessons from the past
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The pace of market rebound, at least so far, is reminiscent of the less impactful bear markets from The Financial Express https://ift.tt/3...
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From American to European exceptionalism: Unlike the US, Europe has risen to opportunities presented by COVID-19 crisis
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As the world’s most unloved major currency, € may well be headed for an exceptional run of its own. Downward pressure on $ will only intensi...
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Long-tenor SDLs see minor hardening in yields
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Dealers say that uptick in the central government securities yield in recent times as well as more number of long-tenor SDLs hitting the mar...
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Digital matching: Fool-proof proprietary software would nip tax evasion in the bud
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The right technology can help check tax evasion, more so with aggregation of GST assessee data and the data sharing agreement between CBDT a...
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COVID-19 Mutation: Antibody-resistant Coronavirus strain could throw a spanner in global efforts to beat pandemic
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New study shows how SARS-CoV-2 mutations, if they become widespread, could impact immunological efficacy from The Financial Express https:...
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Aliens And "Reptilians": US Viral Video Doctor's Odd Beliefs
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A Houston physician retweeted by President Donald Trump after appearing in a video where she praised hydroxychloroquine as a miracle coronav...
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Bengal Allows Relatives To See Bodies Of Suspected Covid Patients
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The West Bengal government has decided to allow family members to see the body of a suspected COVID-19 patient before it was disposed of wit...
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Satellite Tracking Of Trains Improved Efficiency In Operations: Railways
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Railway Board Chairman VK Yadav on Tuesday said satellite tracking of trains has improved efficiency in train operations amid coronavirus pa...
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177 Questions to Inspire Writing, Discussion, Debate and Reflection
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By BY THE LEARNING NETWORK from NYT The Learning Network https://ift.tt/3082ToX
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‘I Just Don’t Get It’: Republicans Balk at Funding F.B.I. Building in Virus Bill
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By BY KATIE ROGERS AND EMILY COCHRANE from NYT U.S. https://ift.tt/2DbnuzF
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Barr Clashes With House Democrats, Defending Responses to Protests and Russia Inquiry
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By BY NICHOLAS FANDOS AND CHARLIE SAVAGE from NYT U.S. https://ift.tt/3hOm1yf
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SC refuses to tinker with Vikas Dubey panel
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Two advocates-cum-PIL petitioners, Ghanshyam Upadhyay and Anoop Prakash Awasthi, read out portions of DGP KL Gupta’s interview to various me...
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CBI vs CBI: Top officer hasn’t joined duty
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A bench of CJI S A Bobde and Justices A S Bopanna and V Ramasubramanian asked, “How can you not join your place of posting?” His counsel Raj...
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Monday, 27 July 2020
Govt: No decision to reintroduce FRDI Bill
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The finance ministry had said the safeguards for depositors would only rise under the provisions of the bill. “Bail-in will be only sparingl...
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GST aid to states 70% higher than cess fund, gulf to widen this fiscal
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The guaranteed growth to states’ revenue during the time of slowing GST collection (FY 20 collection grew at 3.8% to Rs 12.2 lakh crore) gro...
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PSU banks to need more capital as safeguard against stress: Fitch Ratings
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Fresh equity injections have become significantly more imperative as economic recovery remains shaky due to continued acceleration in new co...
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Normalcy is restored in all our sites, so we expect change in volumes: JSW Steel CFO
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Domestic demand in China is quite strong that got reflected in the improvement in FOB prices which have gone up from $400 in April to $480 p...
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Biocon to submit more data on Itolizumab to Covid taskforce
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The company said that based on the encouraging study results of the pivotal phase 2 conducted by Biocon in India, its US-based partner, Equi...
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Oldest Living IAF Fighter Pilot Turns 100, Air Chief Extends Greetings
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Retired Squadron Leader Dalip Singh Majithia, who holds the distinction of being the oldest living IAF fighter pilot, turned 100 on Monday. ...
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Will Deploy Democratic Means To Resolve Rajasthan Deadlock: Avinash Pande
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Congress general secretary Avinash Pande on Monday claimed that many among the 19 rebel MLAs, led by ousted deputy chief minister Sachin Pil...
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Trump Announced, Then Canceled, a Yankees Pitch. Both Came as a Surprise.
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By BY KATIE ROGERS AND NOAH WEILAND from NYT U.S. https://ift.tt/32VtFTc
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As Republicans Embrace Cut in Jobless Aid, Divisions Weaken Their Leverage
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By BY EMILY COCHRANE AND JIM TANKERSLEY from NYT U.S. https://ift.tt/2X1lBMG
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Best of BS Opinion: RBI's Hamletian dilemma, world economy, and more
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Here's a selection of Business Standard Opinion pieces for the day from Latest News https://ift.tt/2Bzs7CY
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Sunday, 26 July 2020
Health insurance: Leaving no room for ambiguity in policies
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Irdai’s standardised terms and clauses include terminology to be used in health insurance policies, and norms to be followed by network hosp...
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Protagoras’s paradox: The more you learn, the less you know
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Protagoras’ paradox is about dilemmas and irony. Such paradoxes occur in real-life situations today as well from The Financial Express htt...
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Costly solution: Careful on flue gas desulphurisers
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FGDs that power plants are mandated to install will have their own environmental costs, and the country will have to heavily rely on expensi...
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Why asking bulk SMS subscribers to get physical verification every six months is right step
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While DoT’s efforts are targeted towards terror organisations which, security agencies claim, were using the service to fly under the radar,...
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Bajaj Finance rating: Reduce — A weak first quarter for the company
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While the long-term story is intact, risk-reward has become unfavourable after recent rally; Reduce retained from The Financial Express ht...
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Hindustan Zinc rating: Hold — Results in Q1 were better than expected
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FY21e Ebitda up 14% given positive guidance; ‘Hold’ retained with TP of Rs 200 from The Financial Express https://ift.tt/2WYBbsw
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Axis Bank rating: Hold — Core performance was soft in Q1
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While there were lower slippages in quarter, uncertainty persists on asset front; ‘Hold’ retained with TP of Rs 460 from The Financial Exp...
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Donald Trump Postpones Throwing First Pitch At Yankees Game
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US President Donald Trump threw a curveball Sunday when he announced he would no longer throw out the opening pitch at a New York Yankees ga...
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Covid live: Record 50,000+ infections on Sunday
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Daily Covid-19 cases in India went past 50,000 for the first time on Sunday even as the total caseload crossed 14 lakh, capping the deadlies...
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Saturday, 25 July 2020
UP govt allows sale of branded liquor in malls
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The annual licence fee of such outlets has been fixed at Rs 12 lakh and can be obtained by any individual, company, firm or society. from ...
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Book Review — RC Bhargava’s Getting Competitive: A Practitioner’s Guide for India
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For achieving industrialist-worker partnership, trust is the basic precondition and to show how to forge it and take it ahead, Bhargava has ...
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2020's First Hurricane Hanna Roars Ashore In Coronavirus-Hit Texas In US
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Hanna, the first Atlantic hurricane of 2020, slammed into the coast of coronavirus-hit Texas on Saturday, bringing heavy rain, storm surge a...
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India's Eastern Most Part Generating Quakes At 2 Different Depths: Study
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A study done exploring the elastic properties of rocks and seismicity in the eastern most part of the country has found that the area is gen...
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As the World Gets Tougher on China, Japan Tries to Thread a Needle
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By BY MOTOKO RICH AND MAKIKO INOUE from NYT World https://ift.tt/30NZfj6
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Friday, 24 July 2020
Union Minister Claims Papad Brand Helps Develop COVID Anti-Bodies
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A video of Union Minister Arjun Ram Meghwal has gone viral in which he claims that a papad brand has the capacity to develop anti-bodies aga...
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Solar industry awaits finance ministry decision on safeguard duty or Basic Customs Duty
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Solar manufacturers, however, believe that the two together —safeguard duty and BCD — may get introduced from August 1, though the rate of B...
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No Reduction, Significant Increase: AAP On BJP's Ghazipur Landfill Claim
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A day after BJP MP Gautam Gambhir made a claim about reducing the height of Ghazipur landfill, the AAP said he was "lying" as ther...
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