at

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





at

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





at

Watch: Delhi cop wins fight against Coronavirus, receives heroic welcome

Watch: Delhi cop wins fight against Coronavirus, receives heroic welcome





at

Kerala, Maharashtra, Karnataka & Tamil Nadu get 60% of total remittance in FY17

Nearly 82 per cent of the total remittances received by the country originated from eight countries - the UAE, US, Saudi Arabia, Qatar, Kuwait, Oman, UK, and Malaysia.




at

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.




at

For every $1 billion remitted, 117 Indians die in 6 Gulf nations

The embassies in Gulf countries have not been forthcoming in providing data under RTI on the number of deaths.




at

India highest recipient of remittances at $79 bn in 2018: World Bank

India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion).




at

Now shop at Dubai airports using Indian Rupee

The acceptance of Indian currency is good news for Indian tourists as earlier they lost a sizeable amount due to exchange rates.




at

'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.




at

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.




at

Indian Army, IAF helicopters and Indian Army troops evacuated crew in Sikkim

Immediately on receipt of information, on May 7 , Indian Army rescue columns with personnel of ITBPs too, moved on foot, traversing dangerous terrain in bad weather, to the helicopter landing site to evacuate the individuals and provide medical aid, for which a doctor of the ITBP also accompanied.




at

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.




at

Corporate borrowings hit amid lockdown

Charge filings, which indicate new loans or additional collateral towards past loans, fell 57.4% to 277 in March and April combined from 650 in January and February, according to data compiled by Propstack, a financial data intelligence provider.




at

Birlas to challenge Harsh Lodha's reinstatement as director in MP Birla Group firms

The decision of the Birlas comes in spite of a favourable verdict from a two-judge division bench of the Calcutta High Court which on Monday had asked the probate court to hear the appellant MP Birla Group companies afresh, which was one of their key petitions.




at

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.




at

Brave New World: High govt borrowing comes at a great cost

​​Fed fund futures are now pricing negative fed rate by June 21.




at

No 'V'-shape return from devastating US job loss, Fed policymakers say

But the economy can’t rev up too quickly, not as long as the virus is still loose.




at

Daimler India Commercial Vehicles resumes plant operations

The company said it was able to restart operations at the plant in less than 24 hours after receiving permission from local authorities as it had started intensive preparation even before the lockdown in India came into effect in March, DICV said in a statement.




at

Maruti Suzuki opens corporate office

“We have got clearance to open the office from the local authorities and are following the guidelines given by the government,” said a spokesperson for Maruti Suzuki India Ltd, the country’s biggest car maker. The company’s Delhi corporate office is at Nelson Mandela Marg.




at

BMW Group India resumes local production at Chennai plant

German car maker BMW commenced operations at the Chennai plant in accordance with the government-initiated guidelines. The company also stated that the BMW, MINI and BMW Motorrad dealerships across the country would restart the operations in adherence to local government directives.




at

20% of auto retailers open shutters on lockdown relaxation; witness muted walkins and enquiries

Maruti Suzuki restarted operations at 680 dealerships till Wednesday, covering almost 35% of the addressable market. The nation’s largest carmaker is seeking permission from local authorities to reopen all but 500 of its remaining over 2,400 outlets. The 500 showrooms are in Covid-19 containment zones.




at

Mahindra unveils online car buying platform

The company in its statement said that in 4 steps, a customer can avail of online exchange, finance and insurance, personalize & own their chosen Mahindra vehicle.




at

JK Tyre resumes partial operations at manufacturing plants across country

The tyre maker has commenced production in a graded manner at its manufacturing facilities in Chennai (Tamil Nadu), Kankroli (Rajasthan) and Laksar (through Cavendish industries Ltd - subsidiary company, in Uttarakhand). The company has also resumed operations at its global research and development hub located in Mysore, Karnataka, JK Tyre said.




at

Ceat extends warranty on tyres by three months

The decision to extend warranty on tyres has been taken to express solidarity with customers amidst the continued lockdown, Ceat Tyres said in a statement. The extention is valid on tyres whose warranty is due to expire between March 1 and May 31, it added.




at

Lockdown: Hyundai rolls out 200 vehicles from Chennai plant on first day of resuming operations

The auto major has commenced production at its Sriperumbudur factory in Tamil Nadu adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement.




at

IITs are helping India win the Covid battle

IIT Kanpur is developing a vaccine against Covid-19, while researchers at Madras and Kanpur have built desi drones for surveillance and IIT Ropar has produced robots to deliver food and medicines to patients in hospitals and quarantine zones. These innovations are in various stages of development.




at

NASA develops high-pressure ventilator to fight COVID-19

The device, called VITAL (Ventilator Intervention Technology Accessible Locally), passed a critical test this week at the Icahn School of Medicine in New York, an epicentre of COVID-19 in the US, NASA said.




at

Cardiac abnormalities in COVID-19 patients treated with hydroxychloroquine: Study

Recent reports have suggested that the combination of the anti-malaria drug hydroxychloroquine, and the antibiotic azithromycin may help patients with COVID-19, said scientists from the New York University School of Medicine in the US.




at

Affordable test methods to drones: Institutions take the innovation route to aid COVID-19 fight

While over 20 technical and scientific institutions are working on developing a vaccine for coronavirus, IITs have already set up "COVID-19 specific research centres", encouraging developments in the innovation ecosystem.




at

Indian-origin scientist identifies four possible drugs to treat COVID-19

The study, published in the journal Pathogens, found that all four drugs were effective in inhibiting, or blocking, the coronavirus' RNA proteins from making genomic copies of the novel coronavirus.




at

Economy likely to show negative growth in current year: Montek Singh Ahluwalia

The rationale behind the lockdown was not that it would prevent infections but that it would allow us to build the health infrastructure to be able to cope with larger numbers infected, opined Montek Singh Ahluwalia




at

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.




at

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.




at

Companies tap bond markets at record rate to ride out coronavirus downturn

In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data.




at

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.




at

Corporate bond sales surge on RBI’s liquidity push

The central bank has been aggressively raising liquidity levels in the system.




at

Gold bond issue price fixed at Rs 4,590/gm of gold

The issue price for Series I (April 20 to 24, 2020) was Rs 4,639 per gram of gold.




at

Traders are baffled why the futures market is pricing in negative rates

However, record-low yields are pointing to an undercurrent of worry in the market.




at

Wall Street Week Ahead: US data deluge to underscore divide between roaring market, plunging economy

Though bleak, that number was smaller than analysts’ expectations of 22 million jobs lost.




at

Adani Transmission Q4 net down 60% at Rs 59 crore on one-time writeoff

The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019.




at

HDFC AMC Q4 results: PAT falls 10% YoY to Rs 250 crore; firm announces dividend of Rs 28 per share

The company's total income declined 17.90 per cent YoY to Rs 449.62 crore in the January-March quarter




at

How to beat lockdown blues: What sports psychologists recommend for athletes

The Covid-19 outbreak brought the world to its knees, leading to sealing of borders, ban on travel, and postponement or cancellation of all major sporting events. So, here they are now, confined to their homes with the Games delayed by a year, no competitions, no proper training and no sign of light at the end of the tunnel.




at

Australian Govt looking at travel exemptions for Indian cricket team's Test tour: Reports

Cricket Australia is under huge financial pressure due to global lockdown and has laid off 80 percent of its staff. India's four-Test tour in December-January could provide a relief to the struggling bldy




at

Plan to resume national camps shut due to COVID-19 from May end: Sports Minister

Sports Minister Kiren Rijiju on Sunday said his ministry is devising a plan for phase-wise resumption of national camps for Olympic-bound athletes by the end of this month.




at

Sports ministry invites nominations for national sports awards through e-mail

"Due to lockdown on account of outbreak of COVID-19, hard copies of nominations are not required to be sent. Scanned copies of nominations duly signed by the applicant and recommending authority may be sent before last date of submission," read a ministry circular.




at

Physical education teachers shouldn’t be seen as second class citizens: Margaret Whitehead

During the webinar, titled ‘Physical Literacy: For Nation’s Development’, the panelists discussed a lot of topics related to physical literacy, including its meaning, the challenges it faces, its need of promotion, the lax attitude towards it and its importance in everybody’s life. The panel also discussed the lax attitude towards physical education in India.




at

Gold price gains as poor macro data hit risk sentiments

Spot gold markets remained shut due to the lockdown to prevent the spread of coronavirus, according to HDFC Securities.




at

Gold gains as US jobs data adds to slowdown fears

US gold futures rose 0.6 per cent to $1,698.70.




at

Gold eases on firmer equities, focus on US jobs data

The metal gained about 2% on Thursday on the back of bleak US economic data.




at

Gold prices hold steady on more stimulus hopes post US jobs data

US gold futures were up 0.1 per cent at $1,728.10.