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Banking space to see more pain going forward: Siddhartha Khemka

Banking space to see more pain going forward: Siddhartha Khemka





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MSME loan losses will rise sharply if economy takes time to revive: Amitabh Chaudhry

MSME loan losses will rise sharply if economy takes time to revive: Amitabh Chaudhry





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Rotate your money in telecom, pharma & utilities sector: Krishna Kumar Karwa

Rotate your money in telecom, pharma & utilities sector: Krishna Kumar Karwa





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Tech investments aimed at making Jio a solid digital company: Axis Securities

Tech investments aimed at making Jio a solid digital company: Axis Securities





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LG Polymers says vapour leak caused accident at Vizag plant

The unit of South Korean chemical giant LG Chem said it is committed to working closely with the concerned authorities to investigate the cause of the incident, prevent recurrence in future and secure the foundation for care and treatment. The firm said a special task force has been set up to help victims and families to resolve any issues.




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Delhi BJP seeks Arvind Kejriwal's clarification over "underreporting" of Covid deaths in capital

Delhi BJP president Manoj Tiwari on Saturday expressed concern over reports of "underreporting" of deaths due to Covid-19 in Delhi and asked Chief Minister Arvind Kejriwal to clear the air about it.




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Why Visakhapatnam gas leak should set off alarm bells

Report suggest the plant operated between 1997 -2019 without valid environment clearances.




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Pakistan eases nationwide lockdown even as coronavirus cases rise

The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm.




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Seoul shuts down more than 2,100 nightclubs

South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines.




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Donald Trump administration working to temporarily ban work-based visas: Report

The H-1B is a non-immigrant visa that allows US companies to employ foreign workers from countries like India and China in speciality occupations that require theoretical or technical expertise.




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Trump administration tightens visas for Chinese reporters

The Trump administration is tightening visa guidelines for Chinese journalists in response to the treatment of U.S.journalists in China, as tensions flare between the two nations over the coronavirus.




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Setu Samudra and other exercises to repatriate Indians from across the globe: ET Explains

Setu Samudra and other exercises to repatriate Indians from across the globe: ET Explains





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Amit Shah dismisses rumours about his health, says he is not suffering from any disease

Amit Shah dismisses rumours about his health, says he is not suffering from any disease





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ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates

ICICI Bank Q4 net profit rises 26% YoY to Rs 1,221 crore, misses Street estimates





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Afghan peace process: America recognises India's role, says US Envoy after meeting S Jaishankar

Afghan peace process: America recognises India's role, says US Envoy after meeting S Jaishankar





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Mortality rate increases if COVID-19 patient delays in visiting hospital: AIIMS-Delhi Director

Mortality rate increases if COVID-19 patient delays in visiting hospital: AIIMS-Delhi Director





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Coronavirus in West Bengal: 11 deaths, 108 fresh cases reported in last 24 hours

Coronavirus in West Bengal: 11 deaths, 108 fresh cases reported in last 24 hours





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Nepal: Chinese protesters arrested after clash with police, 6 cops injured

Nepal: Chinese protesters arrested after clash with police, 6 cops injured





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India seen escaping Argentina's fate as remittances curb deficit

India received $69 billion in overseas remittances last year, equivalent to almost 3 percent of GDP, Capital Economics said, citing World Bank data.




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With $78 billion, India still highest overseas remittance receiver

India continues remains the top recipient of remittances, with its diaspora sending back $78.6 bn in 2018.




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'Nothing adverse' in overseas remittance data, says CBDT

“The Directorate of Intelligence & Criminal Investigation (I&CI) of the income tax department during August and September 2019 obtained LRS data from several banks in Mumbai and Delhi and verification of the top 100 cases was undertaken. However, nothing adverse was found,” said the report, which was submitted to SIT probing black money earlier this year.




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Road link to Line of Actual Control achieved, faster route for Kailash-Mansarovar pilgrims and security forces

Defence Minister Rajnath Singh on Friday inaugurated the road link from Dharchula, a town in Uttarakhand's Pithoragarh district, to the Lipulekh pass, which is located at an altitude of 17,060 feet at the border between India and China.




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30 more BSF personnel test positive for COVID-19, total cases rise to 223

"Thirty new cases of COVID-19 (six from Delhi and 24 from Tripura) have been reported from different establishments. All of them are under the best available medical care at AIIMS-Jhajjar and G B Pant Hospital, Agartala," BSF spokesperson Shubhendu Bhardwaj said in a statement.




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KLO recruitment module busted in Assam, seven militants held

"The apprehended extremists include the recruitment module operational head Lankeshwar Koch alias Lambu, a Myanmar-trained self-styled area commander of Lower Assam. Four Bangladesh-trained militants and two newly recruited cadres were arrested," the spokesman said.




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Defence Ministry signs contract with Tata Power SED for infra modernisation at 37 airfields

This is the phase two of the Modernisation of Airfield Infrastructure (MAFI) programme, the ministry said, adding that airfields of the Indian Air Force were upgraded in the first phase.




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Shah expresses concern over rising coronavirus cases in Central Armed Police Forces

Union Home Minister Amit Shah chaired a meeting of the DGs of all Central Armed Police Forces (CAPFs) where he appreciated the commendable work done by these forces and expressed concern over increasing COVID-19 cases, a home ministry spokesperson said.




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CISF reports 13 fresh COVID-19 cases; max in Delhi metro unit

Among the 48 active cases, maximum 31 are in the unit that guards the Delhi Metro followed by 13 in the Mumbai international airport guarding unit. The maximum rise in cases, at 10, over the last 24 hours has also been reported from the Delhi Metro guarding unit. The force is tasked to guard civil airports (63 at present) in the country and vital infrastructure.




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Nepal raises objection over India inaugurating crucial link road passing through Lipulekh Pass

Nepal's Foreign Affairs Ministry in a statement said the government "has learnt with regret" about the inauguration of the link road connecting to Lipulekh pass, which Nepal claims to be part of its territory. The 80-Km new road inaugurated by Defence Minister Rajnath Singh on Friday is expected to help pilgrims visiting Kailash-Mansarovar in Tibet in China.




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Covid-19 impact: After being locked down, companies now set to suffer labour pain

Industry leaders said April-June quarter would be a washout even for the high and mighty.




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Companies to see frauds in their CSR programs during Covid-19 pandemic: EY report

75% companies lack a structure or policy to address frauds in CSR programs, the report said. Many companies that are now looking to allocate their CSR funds towards Covid-19 related programs, but still do not have structures in place that could avoid frauds, it said.




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Global brokerages upbeat on RIL after third Jio deal, raise targets

CLSA maintained its 'buy' rating on the stock, with a target price of Rs 1,770.




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IIT professor develops software to detect COVID-19 within 5 seconds using X-ray scan

Kamal Jain, a professor at the institute's civil engineering department, claims that the software will not only reduce testing costs but will also reduce the risk of exposure to healthcare professionals. ​So far, there is no verification of his claim by a medical institution.




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India may see second wave of COVID-19 outbreak in monsoon, say scientists

The timing of the peak will depend on how India is able to control physical distancing and on the level of infection spreads after restrictions are relaxed, they said.




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Intensive farming may increase risk of epidemics, scientists warn

The scientists, including those from the University of Sheffield in the UK, said overuse of antibiotics, high animal numbers, and low genetic diversity caused by intensive farming techniques increase the likelihood of these pathogens becoming a major public health risk.




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CSIR submits 53 genome sequences of coronavirus to global body; to share 450 more by May 15

CSIR's Institute of Genomics and Integrative Biology (IGIB), Delhi, Centre for Cellular and Molecular Biology (CCMB), Hyderabad and Institute of Microbial Technology, Chandigarh are currently sequencing the genomes of the novel coronavirus, he said. Other CSIR institutes are also expected to join the process.




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With a phased opening, India tries to avoid a grave economic toll: Bibek Debroy

Mortality and morbidity apply to enterprises, too; MSMEs more pronounced than most. Baseline GDP growth was already in slowdown mode and a capital crunch was compounded by lockdown’s labour constraint.




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Motown takes corporate bond route to raise funds

In the past two weeks, at least five companies have either issued, or announced plans to issue, non-convertible debentures worth a total of Rs 5,500 crore, as per information available from filings with stock exchanges.




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Mahindra & Mahindra Fin Services to raise up to Rs 475 crore via NCDs

The tenure of the instrument is two years and 364 days from the deemed date of allotment.




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Tata Motors gets nod from board constituted committee to raise Rs 1,000 crore via NCDs

These will be issued in three tranches of Rs 500 crore, Rs 300 crore and Rs 200 crores with redemptions due on September 30, 2022, November 28, 2022 and December 29, 2022 respectively, it added.




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Sovereign perpetual bonds: An idea whose time has come

Perpetual bonds are a standard instrument in the kitty of capital markets today.




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Adani Enterprises to raise Rs 1,000 crore through NCDs

The company said that it will seek shareholders' nod for raising up to Rs 2,500 crore through QIP.




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HDFC to raise Rs 5,000 crore via bonds

The coupon on the bonds, to be maturing in December 2021, has been fixed at 7.06 per cent per annum.




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Tata Motors scraps plan to raise Rs 1,000 crore through NCDs

On April 28, Tata Motors had said it would be issuing non-convertible debentures worth Rs 1,000 crore.




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10-year benchmark bond yields fall to 2009 level, may reverse on higher borrowing plan

A hike in taxes on fuels, which will add to government’s revenue, helped lift sentiment.




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Bond yields likely to spike after govt raised borrowing targets

The gross borrowing programme for the year has been increased to Rs 12 lakh crore.




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Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

FTMF stunned all by deciding to shutter operations of six schemes with assets under management of more than Rs 25,000 crore late Thursday evening, citing redemption pressures and market volatilities in wake of the COVID-19 pandemic.




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Discussed decision to shut 6 MF schemes with Sebi, says Franklin Templeton

This is the first instance when a fund house is shutting its schemes because of coronavirus related pandemic.




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ICICI Bank Q4 results: Profit jumps 26% YoY to Rs 1,221 crore; provisions rise 9% YoY

Analysts in an ETNow poll had projected the number at Rs 3,000 crore.




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India loses hosting rights of 2021 men's world boxing championships

"After New Delhi didn't fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of USD 500," the AIBA said in a statement.




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India lose top spot in ICC Test rankings to Australia

India lost the top spot in the ICC Test rankings to Australia on Friday, dropping to third after their stupendous 2016-17 record was eliminated from the annual update as per rules.