Friday, 31 July 2020

NEP: Trick or treat?



from The Indian Express https://ift.tt/3gjn0Gg

What is behind curb on television imports from China

In a late-night notification on Thursday, the Directorate General of Foreign Trade (DGFT) put coloured TV imports under the “restricted” category, which means traders have to seek licences to buy these products from overseas.

from The Financial Express https://ift.tt/3150Ilb

Coupon on new benchmark bond set at 5.77%

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 62,486 crore, against a notified amount of Rs 18,000 crore.

from The Financial Express https://ift.tt/339N6b0

Shares of life insurers rise between 83% and 93% from March lows

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 83.1% since its March 23 lows.

from The Financial Express https://ift.tt/2Pg9dV8

End 2G, cut taxes: Mukesh Ambani and Sunil Mittal have these two demands from Centre

Kumar Mangalam Birla, who heads Vodafone Idea, did not present his views, though his name was mentioned in the keynote speakers.

from The Financial Express https://ift.tt/2EuYXGb

Negative real rates may be a new normal: SBI report

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 there is unlikely to be a further cut in the repo rate in the August monetary policy review.

from The Financial Express https://ift.tt/30fzucg

100% FDI in affordable rental housing desirable: Hardeep Singh Puri

On July 8, the government approved Affordable Rental Housing Complexes (ARHCs) as a sub scheme under Pradhan Mantri Awas Yojana (Urban) to provide ease of living to poor urban migrant.

from The Financial Express https://ift.tt/2Pae61M

Who asked you to get Covid-19?

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 they wearing the PPE or “maintaining safe distance”?

from The Financial Express https://ift.tt/2XhVhOD

Amazon posts operating profit of $345 million; sales see surge of 40%

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 Financial Express https://ift.tt/2BR0aqy

Hurricane Might Delay NASA Astronauts Return Slated For August 2

The first US astronauts to reach the International Space Station on an American spacecraft in nearly a decade might not come home this weekend as scheduled because of Hurricane Isaias, NASA said...

from NDTV News - Special https://ift.tt/3140T09

The Less Impossible Israeli-Palestinian Peace


By BY ROGER COHEN from NYT Opinion https://ift.tt/3jTqktX

Trump’s Coronavirus Testing Chief Concedes a Lag in Test Results


By BY SHERYL GAY STOLBERG AND KATHERINE J. WU from NYT U.S. https://ift.tt/31b4IR0

Congress welcomes temple construction

Congress spokesman Jaiveer Shergill said, “Indian National Congress whole-heartedly welcomed and welcomes the judgment of the Supreme Court paving the path for construction of the Ram mandir.” Senior Congress member Kamal Nath has also welcomed the construction of the temple.

from Times of India https://ift.tt/2CXLqqt

Thursday, 30 July 2020

Fighting the infodemic



from The Indian Express https://ift.tt/311E7G9

KASEZ: 1.5 lakh trees to boost green cover



from The Indian Express https://ift.tt/39EQDPQ

NEP 2020: Renaissance for schooling, but mind the language issue

NEP sets the tone for more meaningful school education, but certain aspects like medium of instruction etc need a relook

from The Financial Express https://ift.tt/316qllp

Economic recovery to come with end of lengthy, complete lockdowns: Deepak Parekh

Global fiscal support towards the pandemic now stands at $12 trillion and monetary policy across the globe has eased through lower interest rates, liquidity injections and massive asset purchases.

from The Financial Express https://ift.tt/2Xetbnn

Businesses expect recovery by June 2021: PwC Survey

They attribute this resilience to operational flexibility, robust crisis management and process/product innovation. For many, this is a result of work done in the pre Covid-19 era, he added.

from The Financial Express https://ift.tt/2XcY0cc

Housing Sales will be better in July-September: Sobha MD

Bengaluru is under a lockdown, which will hamper customers’ movement in terms of physically visiting the property and it contributes 70% plus of my new space.

from The Financial Express https://ift.tt/2Xcr2IK

Widespread take-up of moratorium credit-negative for banks: Moody’s

“The high take-up rates by borrowers of small finance banks (SFBs) and non-bank finance companies (NBFCs) is a result of these institutions’ greater exposure to riskier customer segments, such as those with more volatile income streams,” Moody’s said.

from The Financial Express https://ift.tt/3fjuPKx

Debt mutual funds: Savvy investing is discovering risks early

From October, AMCs will disclose the portfolio factsheet twice a month and the yield to maturity of the instruments will convey what the market is perceiving about that instrument much faster

from The Financial Express https://ift.tt/3jVtLjJ

Demand slump to reduce readymade garment makers revenues by 25%-30%

A sharp fall in both domestic and exports demand because of the Covid-19 pandemic, lower profitability, and elongation of working capital cycle are expected to impair the credit profiles of RMG makers this fiscal.

from The Financial Express https://ift.tt/2EvCWqJ

Tariffs need to go up as current prices are unsustainable: Airtel MD & CEO

For instance, Jio has launched its own video-conferencing solution JioMeet while Airtel has partnered with Verizon to come up with Airtel Blujeans.

from The Financial Express https://ift.tt/3gg7bjt

4 Guards Charged in Inmate’s Beating at Alabama Prison


By BY NEIL VIGDOR from NYT U.S. https://ift.tt/339JIg7

Louie Gohmert’s Coronavirus Case Reveals a Dangerous Reality in Congress


By BY NICHOLAS FANDOS AND CATIE EDMONDSON from NYT U.S. https://ift.tt/39EFAGk

Trump Floats an Election Delay, and Republicans Shoot It Down


By BY MAGGIE HABERMAN, JONATHAN MARTIN AND REID J. EPSTEIN from NYT U.S. https://ift.tt/30ehQWo

John Lewis Believed America Would Survive Trump


By BY MICHELLE GOLDBERG from NYT Opinion https://ift.tt/336pqnU

Trump Can’t Delay the Election


By BY LISA LERER from NYT U.S. https://ift.tt/2CXnlA6

Disband panel probing killing of Dubey: PIL in SC

A Mumbai-based advocate-cum-PIL petitioner on Thursday moved the Supreme Court seeking disbanding of the inquiry commission formed to look into the encounter killings of gangster Vikas Dubey . Ghanshyam Upadhyay filed an application alleging bias against both Justice Chauhan and ex-DGP K L Gupta.

from Times of India https://ift.tt/2DiZEBV

38 yrs on, SC clears man accused of adulteration

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 food inspector along with a medical officer was found adulterated. The report of the public analyst revealed that it contained four living meal worms and two liveweevils.

from Times of India https://ift.tt/30e3sNN

Centre extends term of Krishna Water Dispute Tribunal by one year

The Ministry of Jal Shakti on Thursday issued a gazette notification extending the tenure of the Tribunal for one year from August 1, 2020

from Deccan Chronicle - Latest India news | Breaking news | Hyderabad News | World news | Business news | Politics | Technology news https://ift.tt/30eDEkP

GPT-3: OpenAI’s language processing software should avoid fate met by Microsoft’s Tay

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 influenced by vox populi.

from The Financial Express https://ift.tt/2CRe0d6

COVID-19 impact: Assets under management of NBFCs may degrow first time in 20 years, says Crisil

The Crisil report also mentioned that lower repayments during the moratorium period and capitalisation of accumulated interest would, however, help limit degrowth in AUM.

from The Financial Express https://ift.tt/3gdlZ2e

National Education Policy 2020: Tectonic shift for the better of higher education

The NEP 2020 sets right many lingering problems, especially on regulation, but the govt’s fee fixation could undo gains

from The Financial Express https://ift.tt/2XbmgeC

National Education Policy 2020: A new dawn for India

NEP 2020 is precisely what India needs to dominate in the future decades of growth, and drive the education requirements of our young population

from The Financial Express https://ift.tt/30WOon6

UK To Return Statue Of Lord Shiva Stolen From India

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 rightful place in India.

from NDTV News - Special https://ift.tt/3k2PjuW

US Covid Deaths Top 150,000, Among Highest In Deaths Per Capita Globally

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 world's total, according to a Reuters tally.

from NDTV News - Special https://ift.tt/339h0wa

Lawmakers, United in Their Ire, Lash Out at Big Tech’s Leaders


By BY CECILIA KANG AND DAVID MCCABE from NYT Technology https://ift.tt/2DfEeFN

As Trump Undercuts Aid Talks, White House Says Extra Jobless Benefits Will Lapse


By BY EMILY COCHRANE AND JIM TANKERSLEY from NYT Business https://ift.tt/39PSGkh

Atlanta Mourns John Lewis and Ponders Carrying on With ‘Good Trouble’


By BY RICK ROJAS AND RICHARD FAUSSET from NYT U.S. https://ift.tt/3hJlqxu

Trump Plays on Racist Fears of Terrorized Suburbs to Court White Voters


By BY ANNIE KARNI AND MAGGIE HABERMAN from NYT U.S. https://ift.tt/39FSmVa

Tuesday, 28 July 2020

Rabi sales mostly profitable to farmers despite early market disruptions

For the April-June quarter as whole, mandi prices of many crops including masur and mustard were higher than the year-ago period, although many crops were still sold below their MSP levels.

from The Financial Express https://ift.tt/2Df5btn

Dispute over resolution: Urjit Patel’s criticism of IBC changes is flawed

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 improving recovery

from The Financial Express https://ift.tt/3hEr2sW

Gas consumers object to government’s pipeline tariff rationalisation plan

However, PNGRB’s draft amendment proposes that unified tariff would be applicable only on the integrated trunk pipeline network of state-run GAIL and Gujarat State Petronet Ltd (GSPL), leaving out 30% of the current gas pipeline capacities.

from The Financial Express https://ift.tt/2EtTDTD

COVID-19 impact: Creating a new normal for retail

This pandemic has fast-forwarded digital transformation. Now is the time for retail players to invest in the right technologies

from The Financial Express https://ift.tt/39BY4r5

Bear Markets: Lessons from the past

The pace of market rebound, at least so far, is reminiscent of the less impactful bear markets

from The Financial Express https://ift.tt/3hHKhBW

From American to European exceptionalism: Unlike the US, Europe has risen to opportunities presented by COVID-19 crisis

As the world’s most unloved major currency, € may well be headed for an exceptional run of its own. Downward pressure on $ will only intensify as a result

from The Financial Express https://ift.tt/3gkC9XC

Long-tenor SDLs see minor hardening in yields

Dealers say that uptick in the central government securities yield in recent times as well as more number of long-tenor SDLs hitting the market this week could have led to the minor hardening.

from The Financial Express https://ift.tt/2Eo8YF3

Digital matching: Fool-proof proprietary software would nip tax evasion in the bud

The right technology can help check tax evasion, more so with aggregation of GST assessee data and the data sharing agreement between CBDT and CBIC

from The Financial Express https://ift.tt/2BE90HX

COVID-19 Mutation: Antibody-resistant Coronavirus strain could throw a spanner in global efforts to beat pandemic

New study shows how SARS-CoV-2 mutations, if they become widespread, could impact immunological efficacy

from The Financial Express https://ift.tt/3g7l0Rq

Aliens And "Reptilians": US Viral Video Doctor's Odd Beliefs

A Houston physician retweeted by President Donald Trump after appearing in a video where she praised hydroxychloroquine as a miracle coronavirus cure blames gynecological problems on sex with evil...

from NDTV News - Special https://ift.tt/30UFk22

Bengal Allows Relatives To See Bodies Of Suspected Covid Patients

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 without waiting for the test results to come, Chief Minister...

from NDTV News - Special https://ift.tt/3jO6ccC

Satellite Tracking Of Trains Improved Efficiency In Operations: Railways

Railway Board Chairman VK Yadav on Tuesday said satellite tracking of trains has improved efficiency in train operations amid coronavirus pandemic.

from NDTV News - Special https://ift.tt/3g8xxUL

177 Questions to Inspire Writing, Discussion, Debate and Reflection


By BY THE LEARNING NETWORK from NYT The Learning Network https://ift.tt/3082ToX

If Our Masks Could Speak


By BY THOMAS L. FRIEDMAN from NYT Opinion https://ift.tt/308oUny

Niels Lauersen, Fallen Fertility Doctor to the Stars, Dies at 84


By BY PENELOPE GREEN from NYT New York https://ift.tt/3g8l1UZ

‘I Just Don’t Get It’: Republicans Balk at Funding F.B.I. Building in Virus Bill


By BY KATIE ROGERS AND EMILY COCHRANE from NYT U.S. https://ift.tt/2DbnuzF

Barr Clashes With House Democrats, Defending Responses to Protests and Russia Inquiry


By BY NICHOLAS FANDOS AND CHARLIE SAVAGE from NYT U.S. https://ift.tt/3hOm1yf

Trump Is Dog-Whistling. Are ‘Suburban Housewives’ Listening?


By BY JENNIFER WEINER from NYT Opinion https://ift.tt/30VM1Rd

SC refuses to tinker with Vikas Dubey panel

Two advocates-cum-PIL petitioners, Ghanshyam Upadhyay and Anoop Prakash Awasthi, read out portions of DGP KL Gupta’s interview to various media organisations purportedly siding with the police action immediately after the July 10 encounter killing of Vikas Dubey. They said the bias emerging from Gupta’s alleged statements, unabashedly justifying the police action, would influence the commission’s work and rob it of public trust.

from Times of India https://ift.tt/2Dj8u2o

CBI vs CBI: Top officer hasn’t joined duty

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 Rajeev Dhavan said Bassi had challenged his “illegal” transfer to Port Blair and the court in January last year had asked him to approach the authorities against the transfer.

from Times of India https://ift.tt/3gaofr4

Monday, 27 July 2020

Govt: No decision to reintroduce FRDI Bill

The finance ministry had said the safeguards for depositors would only rise under the provisions of the bill. “Bail-in will be only sparingly used.

from The Financial Express https://ift.tt/2EjGqMY

GST aid to states 70% higher than cess fund, gulf to widen this fiscal

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) growth has created a wide gulf between the states' protected revenue and GST collections.

from The Financial Express https://ift.tt/3g4rY9O

PSU banks to need more capital as safeguard against stress: Fitch Ratings

Fresh equity injections have become significantly more imperative as economic recovery remains shaky due to continued acceleration in new coronavirus cases, Fitch said. Private banks have better loss-absorption capacity in the stress test

from The Financial Express https://ift.tt/3hEhgHi

Normalcy is restored in all our sites, so we expect change in volumes: JSW Steel CFO

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 per tonne at present.

from The Financial Express https://ift.tt/30QtrKh

Biocon to submit more data on Itolizumab to Covid taskforce

The company said that based on the encouraging study results of the pivotal phase 2 conducted by Biocon in India, its US-based partner, Equilllium, is planning to conduct a global randomized controlled clinical trial of Itolizumab in Covid-19 patients for which it will file a US investigational new drug application (IND) soon.

from The Financial Express https://ift.tt/30PxoiA

Oldest Living IAF Fighter Pilot Turns 100, Air Chief Extends Greetings

Retired Squadron Leader Dalip Singh Majithia, who holds the distinction of being the oldest living IAF fighter pilot, turned 100 on Monday.

from NDTV News - Special https://ift.tt/30QHv6F

Will Deploy Democratic Means To Resolve Rajasthan Deadlock: Avinash Pande

Congress general secretary Avinash Pande on Monday claimed that many among the 19 rebel MLAs, led by ousted deputy chief minister Sachin Pilot, was in the touch with the party leaders.

from NDTV News - Special https://ift.tt/3f6cwbQ

What Will a Post-Trump G.O.P. Look Like?


By BY BRET STEPHENS from NYT Opinion https://ift.tt/3g7eJF4

‘Ellen DeGeneres Show’ Workplace to Be Reviewed by WarnerMedia


By BY NICOLE SPERLING from NYT Business https://ift.tt/32ZAanX

Twilight of the Liberal Right


By BY MICHELLE GOLDBERG from NYT Opinion https://ift.tt/2X0nzNF

Trump Announced, Then Canceled, a Yankees Pitch. Both Came as a Surprise.


By BY KATIE ROGERS AND NOAH WEILAND from NYT U.S. https://ift.tt/32VtFTc

As Republicans Embrace Cut in Jobless Aid, Divisions Weaken Their Leverage


By BY EMILY COCHRANE AND JIM TANKERSLEY from NYT U.S. https://ift.tt/2X1lBMG

Hotels are promoting the nostalgia of the family road trip.


By BY MARTHA C. WHITE from NYT Business https://ift.tt/304B2pz

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

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

from Latest News https://ift.tt/2Bzs7CY

Wreath-laying ceremony marks low-key affair



from The Indian Express https://ift.tt/39slbUS

Gone to the dogs



from The Indian Express https://ift.tt/39sobk4

The Propaganda Front



from The Indian Express https://ift.tt/2P0qGAO

Health insurance: Leaving no room for ambiguity in policies

Irdai’s standardised terms and clauses include terminology to be used in health insurance policies, and norms to be followed by network hospitals

from The Financial Express https://ift.tt/2WY53Fw

Protagoras’s paradox: The more you learn, the less you know

Protagoras’ paradox is about dilemmas and irony. Such paradoxes occur in real-life situations today as well

from The Financial Express https://ift.tt/39t8fhk

Costly solution: Careful on flue gas desulphurisers

FGDs that power plants are mandated to install will have their own environmental costs, and the country will have to heavily rely on expensive imports to install these

from The Financial Express https://ift.tt/2CJ3owO

Why asking bulk SMS subscribers to get physical verification every six months is right step

While DoT’s efforts are targeted towards terror organisations which, security agencies claim, were using the service to fly under the radar, it will also help to curb fraud.

from The Financial Express https://ift.tt/3hBqgwS

Bajaj Finance rating: Reduce — A weak first quarter for the company

While the long-term story is intact, risk-reward has become unfavourable after recent rally; Reduce retained

from The Financial Express https://ift.tt/2DauXi8

Hindustan Zinc rating: Hold — Results in Q1 were better than expected

FY21e Ebitda up 14% given positive guidance; ‘Hold’ retained with TP of Rs 200

from The Financial Express https://ift.tt/2WYBbsw

Axis Bank rating: Hold — Core performance was soft in Q1

While there were lower slippages in quarter, uncertainty persists on asset front; ‘Hold’ retained with TP of Rs 460

from The Financial Express https://ift.tt/313vGdB

Donald Trump Postpones Throwing First Pitch At Yankees Game

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 game next month.

from NDTV News - Special https://ift.tt/3f6HxfI

Covid live: Record 50,000+ infections on Sunday

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 deadliest week of the pandemic so far, when total cases grew by 28% and the death toll jumped by 19%. Stay with TOI for the latest developments

from Times of India https://ift.tt/30N2irD

Saturday, 25 July 2020

Sourav Ganguly tests negative for COVID-19



from The Indian Express https://ift.tt/30KMYvM

UP govt allows sale of branded liquor in malls

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 The Financial Express https://ift.tt/32U73lP

Book Review — RC Bhargava’s Getting Competitive: A Practitioner’s Guide for India

For achieving industrialist-worker partnership, trust is the basic precondition and to show how to forge it and take it ahead, Bhargava has given the case studies of Maruti Suzuki.

from The Financial Express https://ift.tt/2WYfIjv

2020's First Hurricane Hanna Roars Ashore In Coronavirus-Hit Texas In US

Hanna, the first Atlantic hurricane of 2020, slammed into the coast of coronavirus-hit Texas on Saturday, bringing heavy rain, storm surge and potentially life-threatening flash flooding.

from NDTV News - Special https://ift.tt/2CNdKeZ

India's Eastern Most Part Generating Quakes At 2 Different Depths: Study

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 generating moderate earthquakes at two different depths.

from NDTV News - Special https://ift.tt/3eYktzB

North Korea Declares Emergency After Suspected Covid-19 Case


By BY CHOE SANG-HUN from NYT World https://ift.tt/3eXHYsF

As the World Gets Tougher on China, Japan Tries to Thread a Needle


By BY MOTOKO RICH AND MAKIKO INOUE from NYT World https://ift.tt/30NZfj6

Friday, 24 July 2020

Union Minister Claims Papad Brand Helps Develop COVID Anti-Bodies

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 against coronavirus in the body.

from NDTV News - Topstories https://ift.tt/2OZHjMF

Women outnumber men in MICA’s class of 2022



from The Indian Express https://ift.tt/2D2suq3

Solar industry awaits finance ministry decision on safeguard duty or Basic Customs Duty

Solar manufacturers, however, believe that the two together —safeguard duty and BCD — may get introduced from August 1, though the rate of BCD could be much lower than the 20% proposed initially.

from The Financial Express https://ift.tt/3g25bvk

No Reduction, Significant Increase: AAP On BJP's Ghazipur Landfill Claim

A day after BJP MP Gautam Gambhir made a claim about reducing the height of Ghazipur landfill, the AAP said he was "lying" as there was a significant increase in the width of the landfill.

from NDTV News - Special https://ift.tt/2COEP1c