ir

North Korea fires barrage of cruise missiles on eve of founder's birthday

North Korea on Tuesday morning fired a salvo of suspected cruise missiles towards the Sea of Japan, also known as the East Sea, according to South Korea's Joint Chiefs of Staff (JSC).The "multiple projectiles" fired from Munchon in eastern Kangwon province were believed to be "surface-to-ship cruise missiles," the JCS said in a statement cited by Al Jazeera.The missiles flew for approximately 150 kilometres (93 miles) before splashing into the waters off the east coast.The launches come on the eve of the birthday of North Korea's founder Kim Il Sung and South Korea's general elections.The JCS said South Korea's military is monitoring possible additional launches by North Korea.In recent weeks, North Korea has carried out a series of short-range missile and other weapons tests amid stalled nuclear talks with the United States.Last month, it fired nine ballistic missiles in four rounds of tests, according to analysts.On Sunday, North Korean state media reported leader Kim Jong Un had ...




ir

Airline passenger revenue to plunge by USD 314 billion in 2020: IATA

Airline passenger revenue is set to plunge by USD 314 billion in 2020, which is a decline of 55 per cent from 2019 due to coronavirus as per the updated analysis released by the International Air Transport Association (IATA).On March 24, the IATA had predicted an estimated loss of USD 252 billion in revenues, which is 44 per cent decline in passenger for airline industry due to severe travel restrictions lasting more than three months as governments across the world try to contain the disease.As per a release by IATA, the world is heading for a recession. The economic shock of the COVID-19 crisis is expected to be at its most severe in Q2 when the GDP is expected to shrink by 6 per cent (by comparison, GDP shrank by 2 per cent at the height of the global financial crisis). Passenger demand closely follows GDP progression. The impact of reduced economic activity in Q2 alone would result in an 8 per cent fall in passenger demand in the third quarter."The release added: "Travel ...




ir

Coronavirus death toll surpasses 24,000 in US

The coronavirus outbreak has killed more than 24,000 people in the United States, the highest number of fatalities in any country, data from the Johns Hopkins University showed on Tuesday.As of 1.20 pm EDT (5.20 pm GMT), fatalities in the US reached 24,485, according to the university's Coronavirus Resource Center.At least 584,073 coronavirus cases have been confirmed in the US, the largest number of infections among all countries.




ir

USCIRF welcomes Supreme Court's decision on Assam detention centres

The US Commission on International Religious Freedom (USCIRF) on Tuesday (local time) welcomed the decision of India's Supreme Court to relax conditions for the release of individuals detained as "foreigners" in Assam's detention centres due to concerns with the spread of COVID-19."We welcome this decision as a first step," a statement by USCIRF quoted its Chair Tony Perkins as saying."We urge the Indian Supreme Court to continue on this promising path and order the release of all those detained in the detention centres on humanitarian grounds. Even two years as a minimum time for release is unreasonable given the threat of detention centres becoming a breeding ground for the spread of COVID-19," he added.In response to an application submitted by the Justice for Liberty Initiative, the Supreme Court on Monday ordered the release of detainees held for at least two years and lowered the personal bond amount necessary to secure release from Rs 100,000 to 5,000.Coronavirus has impacted ..




ir

Global coronavirus cases surpass 1.8 mn: WHO

The number of people infected with the new coronavirus worldwide has surpassed 1.8 million with 71,779 cases verified over the past 24 hours, the World Health Organization (WHO) said on Tuesday.According to the update, the global count of confirmed COVID-19 cases has reached 1,844,863, with the majority of them concentrated in Europe (943,272) and the Americas (644,986).The death toll has grown by 5,369 cases over the past day to a total of 117,021 fatalities, the report read.




ir

Rio de Janeiro governor tests positive for coronavirus

Wilson Witzel, the governor of the Brazilian state of Rio de Janeiro, has been tested positive for coronavirus."On Friday, I began feeling ill and asked for a coronavirus test. Today the result came and it turned out to be positive," Witzel said in a video message posted on his Twitter page on Tuesday evening.The governor said that he had several symptoms of the disease, including fever, sore throat, and fatigue, Sputnik reported."Right now, I feel better and I will continue to work while in self-isolation, following the recommendations of doctors," Witzel further said.Brazil has reported 24,000 cases of coronavirus since the outbreak of the disease.Several political figures, including presidential communications secretary Fabio Wajngarten, have tested positive for the disease during the ongoing outbreak.




ir

Coronavirus cases in US surpass 600,000; death toll at 25,575

The number of coronavirus cases in the United States has topped 600,000, according to data from Johns Hopkins University. The death toll has surpassed 25,000.While the number of cases stands at 602,989, a total of 25,575 people have died from the deadly virus in the country, reported Sputnik citing Johns Hopkins University.A total of 46,515 people have recovered as per the university's data.




ir

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 ...




ir

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 ...




ir

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 ...




ir

China Stocks fall after poor coronavirus drug trial results

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.




ir

Hong Kong Market slips on doubts over coronavirus drug

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.




ir

US Stocks gain on easing of coronavirus lockdowns

A partial reopening of the economy in Alaska, Georgia, South Carolina, Tennessee, Texas and others boosted investor sentiments. New York Gov. Andrew Cuomo said the state will likely begin to reopen the economy in certain areas with certain precautions after May 15. Treasury Secretary Steven Mnuchin said he expected the U.S. economy to bounce back in the months after June, once the lockdowns are dismantled.




ir

Hong Kong Market extends gain for third day

Powered by Capital Market - Live News




ir

US Stocks surge on signs of progress in coronavirus treatment

Wall Street stocks opened higher amid reaction to developments regarding the use of Gilead Sciences' antiviral drug remdesivir as a potential new treatment for Covid-19 patients. Gilead Sciences said on Wednesday that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients.




ir

Australia Market surges on coronavirus treatment hopes

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.




ir

Japan Stocks end mostly lower amid continued coronavirus concern

Total 21 issues of 33 industry category of Topix index were in negative territory, with Air Transportation, Insurance, Land Transportation, Iron & Steel, Nonferrous Metals, and Oil & Coal Products issues being notable losers, while Other Products, Electric Appliances, Metal Products, Construction, and Pharmaceutical issues were notable gainers.




ir

Japan Stocks surge on easing coronavirus pandemic fears

Total 32 issues of 33 industry category of Topix index were in positive territory, with Iron & Steel, Nonferrous Metals, Marine Transportation, Land Transportation, Wholesale Trade, Real Estate, and Securities & Commodities Futures issues being notable gainers.




ir

Australia Market rises on ending coronavirus restrictions hopes

The Australian share market got a boost on hopes for an economic recovery at home after the government unveiled plans to end most coronavirus restrictions by July. Prime Minister Scott Morrison's announced a plan to ease social distancing restrictions in a three-step process, which would remove all curbs by July and get nearly 1 million people back to work amid a decline in coronavirus cases.




ir

IRCTC IPO to open on September 30

Price band is Rs 315-320 per share




ir

IRCTC IPO opens on 30 Sept

Price band fixed at Rs 315 to Rs 320 per share.




ir

IRCTC IPO subscribed 81%

Receives bids for 1.63 crore shares




ir

IRCTC IPO subscribed 3.25 times

Receives bids for 6.55 crore shares




ir

IRCTC IPO subscribed 111.84 times

Receives bids for 225.46 crore shares




ir

IRCTC IPO ends with bumper subscription

Receives bids for 225.69 crore shares




ir

Behind The Numbers: Beating DiMaggio’s Streak From the Armchair

MLB.com really wants to give away $5.6 million. But there’s a catch: To claim the prize, one needs to participate in Major League Baseball’s Beat the Streak contest and assemble a batting streak that surpasses Joe DiMaggio’s run of 56 consecutive games in 1941. This isn't easy.




ir

Retirement Calculators, Assumptions and Statistical Methods

Retirement calculators employ different assumptions to help users predict whether their rate of savings will support their current lifestyle after they quit work.




ir

Understanding fund directory

The Fund Managers of the year have been selected based on risk-adjusted returns




ir

Direct plans gaining prominence

The share of retail and high net worth individuals in direct plans could improve further given the cost saving




ir

Should Homeowners Ban Drones Over Their Property?

The increased use of personal and commercial drones is raising questions about where they should be permitted to fly, and who should make that decision. The FAA estimates drone sales will reach 7 million by 2020. Photo: John Weber for The Wall Street Journal




ir

Women Hit Obstacles on the Way to the First Promotion

Men outnumber women nearly 2 to 1 on the first move up the management ladder. WSJ’s Vanessa Fuhrmans explains how this can hurt women right out of the gate.




ir

IRB Infra to sign concession agreement on Zozila pass by March

The scope of the project includes constructing approaches on NH-1 (Srinagar-Sonmarg-Gumri Road) on design, build, finance, operate and transfer (annuity) basis




ir

Make in India only a first step, say CEOs

Laud the central government for pro-active steps




ir

Firms Facing Hurdles In Movement Of Workers And Raw Materials In Commencing Operations: CII survey

The CII survey indicates that permits for enterprises, passes for workers and supply chain movement are the key hurdles for industry in exit from lockdown. For facilitating restart of economic activities, CII has suggested that in non-containment zones, businesses should be allowed to function without requirement of permits and only through intimation to local authorities. While state governments have mostly clearly communicated restart guidelines to businesses, firms are facing hurdles in movement of workers and raw materials in commencing operations. These are the findings of a nation-wide survey conducted by the Confederation of Indian Industry (CII).




ir

Currency In Circulation Rises 0.7% On Week

Powered by Capital Market - Live News




ir

Heirs Fight Over An Inheritance, Advisers Referee

Inheritance battles can bring out the worst in heirs and advisers can help smooth the waters. Dow Jones' Arden Dale explains.




ir

Raising Capital: The Shirt, Dogfish Head, Intelius

The Shirt founder Rochelle Behrens, Dogfish Head founder Sam Calagione and Intelius co-founder Naveen Jain share advice on raising capital at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. . WSJ's Vanessa O'Connell leads the discussion.




ir

On Partners: The Shirt, Dogfish Head, Intelius

The Shirt founder Rochelle Behrens, Dogfish Head founder Sam Calagione and Intelius co-founder Naveen Jain share their views on having partners, at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. WSJ's Vanessa O'Connell leads the discussion.




ir

Recruiting Talent: The Shirt, Dogfish Head Brewery

The Shirt founder Rochelle Behrens and Dogfish Head founder Sam Calagione share advice on recruiting talent at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. WSJ's Vanessa O'Connell leads thediscussion.




ir

Women: Now Is The Time To Plan For Retirement

Some women may avoid planning for retirement or handling the family's investments but now is the time to get engaged, says Susan Hirshman, president of SHE Ltd.




ir

Dr Reddys receives EIR from USFDA for API facility at Srikakulam

It may be noted that the site was issued warning letter in November, 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now.




ir

Biocon receives EIR from USFDA for its small molecules API facility in Bengaluru

Powered by Capital Market - Live News




ir

Stalin's spirited campaign makes it a close contest in TN

Analysts now believe that if the DMK had projected him the chief ministerial face instead of his 91-year-old father the whole hog, probably the election verdict could have been different




ir

IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address

Government will continue to use the ETF route for disinvestment of PSUs




ir

IRCTC, IRCON to be listed: Railways mega holding co on the backburner?

Railway authorities termed listing of these companies as a 'shocker'




ir

Dr Reddy's Labs hits 52-week high after Srikakulam facility gets EIR from USFDA

Dr. Reddy's Laboratories jumped 4.84% to Rs 4020 after the company said its manufacturing plant at Srikakulam in Andhra Pradesh received the Establishment Inspection Report (EIR) from US drug regulator.




ir

Biocon gains after Bengaluru API facility gets EIR

Biocon gained 1.82% to Rs 356 after the company said it received establishment inspection report (EIR) for small molecules API manufacturing facility in Bengaluru.




ir

Cadila Healthcare rises after USFDA nod on Deferasirox tablets

Cadila Healthcare gains 0.11% to Rs 321.95 after the company said it received final approval from US drug regulator for Deferasirox tablets for oral suspension.




ir

ICICI Securities firms up after Q4 PAT rises 28% to Rs 156 cr

ICICI Securities jumped 3% to Rs 388.30 after consolidated net profit rose 28.3% to Rs 155.88 crore on a 12.5% rise in total income to Rs 481.94 crore in Q4 March 2020 over Q4 March 2019.




ir

NLC India slips after fire accident at Neyvali plant

NLC India fell 0.46% to Rs 43.70 after the company said eight workers were injured in a fire accident at the TS II power plant in Neyveli, Tamil Nadu.