ut

If lockdown not solution, then why Cong ruled states extended it first: BJP

The nationwide lockdown was extended till May 3 after the announcement by the PM as states called for the extension to check the rapid spread of the viral infection




ut

Bedi has no authority to differ from govt's resolve: Pondy CM apprises PM

The CM said he had apprised Prime Minister Narendra Modi and Home Minister Amit Shah of the "negative stand" the Lt Governor was constantly taking




ut

Flouting virus lockdown norms, scores reach Deve Gowda's grandson's wedding

Nikhil, son of former Chief Minister H D Kumaraswamy, tied the nuptial knot with Revathi, the grand-niece of former Karnataka housing minister M Krishnappa




ut

As Covid-19 takes centre stage, crucial political matters await resolution

Even if the pandemic's curve flattens out, governments are in for a long haul because the economic and social costs are far too enormous to be recompensed in the short run




ut

Delhi elections 2020: NOTA constitutes 0.5% of total votes polled

In the 2015 Delhi elections, the NOTA vote percentage had stood at 0.4% of the total votes cast




ut

Has Congress outsourced task of defeating BJP, Sharmishtha asks Chidambaram

Sharmishtha is daughter of former President Pranab Mukherjee, who has been a Congress leader all his life




ut

Baat Bihar Ki: Prashant Kishor hits out at Nitish over alliance with BJP

Kishor also rubbished the contention that a tie-up with the BJP was in the interest of Bihar, a claim Kumar has been making to defend his realignment with the saffron party




ut

Why Delhi's pollution problem is a problem of pricing

Prices of goods and services do not reflect the costs they impose on societies at large. Extreme levels of pollution are the outcome of this problem




ut

BS Banking Annual 2017: Bringing about a transformation in banking

Digital payments, blockchain, artificial intelligence and robotics will revolutionise the way banks function and engage with customers




ut

NPA norms may be tougher than Basel's: RBI deputy governor N S Vishwanathan

RBI working on corporate governance rules in line with global standards, says Vishwanathan




ut

ECO:nomics: Rep. McCarthy: No Future for Clean Power Plan

House Majority Leader Kevin McCarthy argues for the EPA’s Clean Power Plan to be struck down in the courts. He speaks at the ECO:nomics conference in Santa Barbara, Calif.




ut

Carbon: From Pollutant to Product | Moving Upstream

Most scientists consider carbon dioxide the primary culprit in climate change. But what if CO2 in the atmosphere could be converted from an invisible gas into products like bricks and shoes? WSJ’s Jason Bellini investigates. Image: Ryno Eksteen and Adele Morgan




ut

Click-to-Pay Buttons May Be in Your Online Shopping Future

On Black Friday in 2018, more than 80% of online shopping carts were abandoned, according to research firm Barilliance. But retailers are hoping new pay buttons will help, and investors are paying close attention.




ut

Bernie Sanders Drops Out of 2020 Presidential Race

Bernie Sanders announced Wednesday he will end his run for the Democratic nomination, leaving former Vice President Joe Biden as the party’s presumptive nominee for the 2020 election. Photo: Etienne Laurent/Shutterstock




ut

Brexit & Beyond: ECB Worries Over Economy Mount, But Stands Pat on Rates

MUST READS ECB Keeps Rates on Hold as Europe’s Outlook Darkens: European Central Bank President Mario Draghi opened the door to new stimulus measures as the bank stood pat on interest rates, warning that economic risks are mounting. Europe’s Political Funk Sets Back Its Economy: Europe seems stuck, its economic recovery running out of steam and its […]




ut

As They Sigh In the Outback (Saturday Crossword, May 9)

Download PDF 




ut

Visa crackdown puts these rural doctors at risk

Read full story for latest details.




ut

Cutting down trash with bamboo packaging

Universal Biopack makes packaging that it sells to restaurants and manufacturers. But rather than plastic, it uses a mixture of bamboo and cassava.




ut

New York City Schedules Nightly Subway System Shutdown to Combat Virus

In an effort to halt the spread of the coronavirus, New York City has begun suspending service to its entire subway system nightly between 1 a.m. and 5 a.m. so cleaning crews can disinfect its thousands of trains. Photo: Spencer Platt/Getty Images




ut

NOTA with symbol to debut in state assembly polls

The symbol will appear against the NOTA option in the last panel on all EVMs and ballot papers.




ut

Puducherry assembly polls: DMK MLA Nazeem faces tough battle as he aims for sixth consecutive term

Nazeem, first elected to the assembly from Karaikal as a 29-year old DMK worker in 1991, retained the seat in all subsequent elections




ut

US agency allows non-immigrants to remain beyond authorised period of stay

A US-based immigration agency has allowed non-immigrants to "unexpectedly remain" beyond their authorised period of stay due to COVID-19 outbreak.The United States Citizenship and Immigration Services (USCIS), an agency of the Department of Homeland Security (DHS), which administers the country's naturalisation and immigration system, said that amid such conditions, most non-immigrants can timely file an application for the extension of their stay or change in status.The agency stated that application forms and petitions are available on its online website."Where applicable, employment authorisation with the same employer, subject to the same terms and conditions of the prior approval, is automatically extended for up to 240 days after I-94 expiration when an extension of stay request is filed on time," the agency said.The USCIS has granted the flexibility to non-immigrant workers for filing late applications as the spread of the virus continues to keep daily lives at a standstill.The




ut

China fabricated info about COVID-19 spread, say experts

Experts have criticized Chinese President Xi Jinping for concealing, destroying and fabricating information about the rampant spread of COVID-19 and suppressing the data by silencing and criminalising dissent.In a report published by The Times of Israel, Human Rights Advocate Irwin Cotler said, "There is authoritative and compelling evidence -- including a study from the University of Southampton -- that if interventions in China had been conducted three weeks earlier, the transmission of COVID-19 could have been reduced by 95 per cent".The daily reported that Dr. Ai Fen, Director of the Emergency Department at the Central Hospital of Wuhan disseminated information about the novel virus to several doctors, one of them being Li Wenliang in late December last year. Wenliang passed away after contracting the contagion in February while Ai has recently disappeared."On January 1, 2020, Dr. Li Wenliang -- the "hero" and "awakener" -- was reprimanded for spreading rumours, and was summoned ..




ut

Spain's COVID-19 toll crosses 18,000 but daily deaths continue to drop

Spain's number of total deaths due to the coronavirus crossed 18,000 with 547 new deaths on Tuesday, which is a slight increase in the number of daily deaths reported as per the Spanish Health Ministry.On Monday, Spain had reported 517 deaths, which was one of the lowest daily increase reported in the last three weeks. As per the data from Johns Hopkins University, the current toll in Spain stands at 18,056.The Spanish authorities have also recorded a fall in the number of active cases for the first time since the outbreak. The authorities on Tuesday observed that the active cases had come down by 299 in the last 24 hours. Spain has now 86,981 active cases.Spain's overall tally of cases including the dead and recovered stands at 172,541. It has reported the third-highest fatalities in the world just behind the United States (23,649) and Italy (20,465)With 172,541 total cases, Spain is only behind the United States in the number of overall cases. The United States as of Tuesday has ...




ut

IMF pegs India's growth at 1.9 pc in FY'20-21, but says will bounce back to 7.4 pc next year

The International Monetary Fund (IMF) has projected the growth of Indian economy in 2020 at the rate of 1.9 per cent, while the world economy is likely to contract sharply by "minus 3 per cent" due to the coronavirus pandemic, which is proving worse than the 2008-09 financial crisis.The IMF on Tuesday its yearly World Economic Outlook, providing a grim picture of the world economy amid global lockdown due to the coronavirus pandemic, which has jolted the world by claiming over one lakh lives globally.The IMF has, however, given a bullish projection about India's economic growth in 2021, pegging the growth rate at 7.4 per cent.Gita Gopinath, Chief Economist and Director of the research department at IMF said in her opening remarks, "The COVID-19 pandemic is inflicting high and rising human costs worldwide. Protecting lives and allowing health care systems to cope have required isolation, lockdowns, and widespread closures to slow the spread of the virus.""The health crisis is, ...




ut

COVID-19 crisis: Over 117 million children at risk of missing out on measles vaccines

As coronavirus pandemic deepens, over 117 million children in 37 countries are expected to miss out on receiving live-saving measles vaccine, the United Nations said on Tuesday.Measles immunisation campaigns in 24 countries have already been delayed and more will be postponed, the World Health Organization and the UN children's fund UNICEF said."Together, more than 117 million children in 37 countries, many of whom live in regions with ongoing measles outbreaks, could be impacted by the suspension of scheduled immunisation activities," Measles and Rubella Initiative (M & RI) said in a statement.New WHO guidelines endorsed by the Strategic Advisory Group of Experts on Immunisation aim to help countries to sustain immunisation activities during the COVID-19 pandemic."The @MeaslesRubella Initiative supports recommendations to: temporarily pause preventive immunisation campaigns where there's no active outbreak of a vaccine-preventable disease continue routine immunisation services, ..




ut

South Korea holds legislative election amid virus outbreak

Wearing masks and gloves, South Korean voters cast their ballots on Wednesday to elect 300 parliamentary lawmakers amid the coronavirus outbreak.Voting kicked off at 6 am (local time) and was to run until 6 pm (local time) at 14,330 polling stations across the country, according to the National Election Commission (NEC). The number of eligible voters is 44 million, according to Yonhap news agency.The once-in-four-years legislative election is widely seen as a referendum on President Moon Jae-in, whose five-year term will end in mid-2022, as well as a test of the country's fight against COVID-19 under the leadership of Moon, The Strait Times reported.South Korea has received international praise for its massive testing capability and other innovative measures, such as drive-through testing and high-tech contact tracing.Experts, therefore, expect the ruling Democratic Party (DP) to extend its lead in Parliament, given that the government's handling of the virus outbreak is viewed ...




ut

Pak violating ceasefire to infiltrate 'jihadis' into Kashmir amid virus outbreak, says activist

A political activist from Pakistan occupied Kashmir (PoK) has alleged that Pakistan has been regularly violating ceasefire at the Line of Control these days to infiltrate terrorists into Kashmir valley amid COVID-19 spread.Amjad Ayub Mirza, a political activist and author based in Glasgow told ANI, "It is Pakistan, which is responsible for ceasefire violation. We, the people of PoK are aware of this fact that always Pakistan initiates a ceasefire violation to which India retaliates."The activist said that like always, time too, the ceasefire violation was started by Pakistan which created problems for locals, even in the areas of Jammu that do not even come in the jurisdiction of the ceasefire line.Divulging further on the heinous activities conducted by Pakistan, the activist said, "There can be three reasons for them to do so. Firstly due to the coronavirus outbreak, the establishment has been exposed over the mishandling of the pandemic. The country does not even have proper ...




ut

Pak clerics flout virus lockdown rules, say restrictions not applicable to mosques, congregational prayers

Defying all orders from the state to refrain from religious congregations to curb the spread of COVID-19, prominent ulemas and religious scholars from across Pakistan on Tuesday stated that the five daily prayers and the Friday prayers would be held in mosques. They, however, mentioned that all precautionary measures advised by the government will be implemented.The statement from the ulemas, cited by Dawn, comes as the government announced it would continue the lockdown imposed in light of the coronavirus outbreak, easing restrictions for some industries which it said were 'low-risk'.Authorities in all provinces had officially restricted congregations in mosques, including for Friday prayers, to five people or less for the past two weeks. However, several instances of violation of government orders, and confrontation with police trying to enforce these orders, have been reported since then.Speaking at a press conference after the meeting between representatives from the ...




ut

Social distancing necessary until 2022 to prevent Covid-19 seasonal outbreaks, says study

Prolonged or intermittent social distancing may be necessary even until 2022 to prevent future Covid-19 seasonal outbreaks, a new study has said.Researchers from Harvard University, led by Stephen Kissler, used estimates of seasonality, immunity, and cross-immunity for two betacoronaviruses from time series data from the United States, to inform a model of Covid-19 transmission, Xinhua news agency reported.Recurrent wintertime outbreaks of Covid-19 "will probably occur after the initial, most severe pandemic wave," researchers wrote on in the study 'Projecting the transmission dynamics of SARS-CoV-2 through the postpandemic period', published in the online journal Science.The researchers added that without a vaccine or other interventions, "prolonged or intermittent social distancing may be necessary into 2022."Noting that "a key metric for the success of social distancing is whether critical care capacities are exceeded," the study said that "additional interventions, including ...




ut

The Challenging Calculus of Figuring Out Who Gets to Vote

The litigants in a recent Supreme Court case suggested using the American Community Survey, an annual sample of 2.5% of U.S. households that asks about citizenship, to estimate the citizen voter-age population.




ut

FTAs may hurt Make in India drive, says auto parts industry

The government is in discussion with the European Union (EU) and Australia for FTAs. The country already has such trade pacts with Asean




ut

RBI Announces Rs 50,000 Crore Special Liquidity Facility for Mutual Funds

Heightened volatility in capital markets in reaction to COVID-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom. The stress is, however, confined to the high-risk debt MF segment at this stage; the larger industry remains liquid. The RBI has stated that it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of COVID-19 and preserve financial stability. With a view to easing liquidity pressures on MFs, it has been decided to open a special liquidity facility for mutual funds of Rs 50,000 crore.




ut

RBI Announces Rs 50,000 crore Special Liquidity Facility for Mutual Funds (SLF-MF)

Reserve Bank will review the timeline and amount, depending upon market conditions




ut

EPFO Settles About 13 Lakh Claims During Lockdown

Powered by Capital Market - Live News




ut

RBI Employees contribute ₹7.30 crore to PM CARES Fund

The employees of the Reserve Bank have decided to contribute one or more day's salary to the PM CARES Fund, in response to the call to support during the emergency situation. The total contribution from the employees amounting to ₹7.30 crore is being remitted to the PM CARES Fund. The COVID-19 pandemic and the related dislocation in normal economic activity has severely affected the economically weaker sections of the society and their means of livelihood. To help the people affected by any kind of emergency or distress situation, like the one posed by the COVID-19 pandemic, Government of India has set up a public charitable trust named Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to receive contributions from various sources.




ut

Reserve Bank Extends Regulatory Benefits Under Special Liquidity Facility For Mutual Funds

Powered by Capital Market - Live News




ut

Eight core infrastructure sector output dips 6.5% in March 2020

Eight core infrastructure sector output rises marginally by 0.6% in FY2020




ut

Employees of EPFO contribute Rs 2.5 crore to PM CARES fund

The employees of Employees Provident Fund Organization (EPFO) have come forward to support the Government's initiative in combating national crisis of COVID-19 pandemic and voluntarily contributed one day's salary- amounting to around Rs. 2.5 crore to the PM CARES Fund. EPFO, as one of World's largest Social Security Organizations, stands committed in the service of the nation in every possible way. The COVID-19, declared as a pandemic by the World Health Organization, has posed serious challenges for the health and economic security of millions of Indians. Government of India has set up a public charitable trust under the name of 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund' (PM CARES Fund) with the primary objective of dealing with any kind of emergency or distress situation. Officers and staff of EPFO are also contributing by putting in extra efforts for providing relief by expeditiously processing EPF withdrawal claims including COVID claims under




ut

Country-Wide Lockdown Was Necessary But Has Had Deep Ramifications On Economic Activity: CII Survey

The country-wide lockdown imposed on 23rd March, while necessary, has had deep ramifications on economic activity. According to the CII CEOs Snap Poll on Impact of COVID-19 on Economy and Industry, while a majority of the firms continue to anticipate a significant decline in their topline, they now foresee a delay in economic revival and demand recovery. The survey saw the participation of more than 300 CEOs, of which nearly two-thirds belonged to MSMEs. The lockdown brought economic activity to a grinding halt and the survey findings indicate that a significant majority of the firms (65%) expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020). For financial year 2020-21, the expectations of a fall in revenue are staggered, with 33% of the firms anticipating a revenue fall of more than 40%, closely followed by 32% of firms expecting a revenue contraction ranging between 20% to 40%.




ut

Government Contemplating Policy On Import Substitution In The Wake Of New Economic Situation Created By COVID-19 Pandemic: Nitin Gadkari

Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs.




ut

Excise Duty Increased On Petrol And Fuel

Powered by Capital Market - Live News




ut

Productivity Far Outpaces U.S. Factory Wages

Overall compensation to factory workers doesn't come close to the impressive productivity gains that American factories have enjoyed over the past year. WSJ's David Wessel reports. (Photo: AP)




ut

Hexaware Technologies launches KareRing, a cloud based quarantine zone management solution

KareRing adheres to standards like data encryption. Advanced tracking technology increases accuracy by using other sensory data. The app leverages AI-powered global identity verification to authenticate users' identity before onboarding them and uses data analytics and intelligence techniques to visualize user data. An inbuilt, WHO-compliant bot is used for user self-health assessment. The app has also an added functionality for healthcare organizations to evaluate the efficacy of the vaccine under trial.




ut

Uttam Galva Steels reports consolidated net loss of Rs 536.04 crore in the March 2020 quarter

Sales decline 57.18% to Rs 118.66 crore




ut

Sun TV sets, Raj TV rises on surprise TN poll outcome

Liquor shares end mixed despite DMK's defeat




ut

Arun Jaitley backs outsourcing of non-core functions of railways

The government had in September scrapped the 92-year old practice of presenting a separate railway budget




ut

Crowd source inputs for budget from common people: PM to BJP MPs

Centre to launch ambitious job scheme on Swami Vivekananda's birth anniversary




ut

Power sector does not need 'crutches' of tax breaks: Goyal

Minister says UDAY scheme will itself help save Rs 1.8 lakh crore annually within next three years




ut

Procter & Gamble Hygiene inches higher after muted Q3 performance

Procter & Gamble Hygiene & Health Care rose 0.27% to Rs 10190.15 after net profit rose 1.1% to Rs 91.10 crore on 6.2% decline in net sales to Rs 656.05 crore in Q3 March 2020 over Q3 March 2019.