w With $78 billion, India still highest overseas remittance receiver By economictimes.indiatimes.com Published On :: 2019-11-28T10:33:17+05:30 India continues remains the top recipient of remittances, with its diaspora sending back $78.6 bn in 2018. Full Article
w IAF's Mig-29 jet crashes in Punjab's Nawanshahr, pilot ejects safely By economictimes.indiatimes.com Published On :: 2020-05-08T12:34:02+05:30 An IAF fighter jet crashed into the fields here, Nawanshahr Deputy Commissioner Vinay Bublani said. The crash took place around 10.30 am, the officials said. An IAF spokesperson said the Mig-29 aircraft was on a training mission from an Air Force base near Jalandhar. Full Article
w ‘Dr Saifullah’ of Wani gang may head Hizbul Mujahideen now By economictimes.indiatimes.com Published On :: 2020-05-08T13:41:17+05:30 Riyaz Naikoo’s death has left a serious void at the top for HuM and possible successors being considered are "Dr Saifullah" or Abu Musaid, a resident of Malangpora in Pulwama, who was part of the Burhan Wani group of 12 terrorists, and Juniad Sehrai, chief of the Hurriyat’s Geelani faction who joined the terror group in 2018. Full Article
w Naikoo encounter:Restrictions tightened across Kashmir to maintain law and order By economictimes.indiatimes.com Published On :: 2020-05-08T16:05:57+05:30 They said while the government is strictly enforcing the COVID-19 lockdown, the additional restrictions were imposed on Friday to ensure that the day passes off peacefully. Full Article
w China needs more nuclear warheads: Global Times editor By economictimes.indiatimes.com Published On :: 2020-05-08T16:50:29+05:30 The Global Times is published by the People's Daily, the official newspaper of China's ruling Communist Party. The party has been known to float ideas and guide public sentiments via the Global Times, which tends to take a nationalistic stance on issues involving other countries. Full Article
w Defence Ministry signs contract with Tata Power SED for infra modernisation at 37 airfields By economictimes.indiatimes.com Published On :: 2020-05-08T20:57:52+05:30 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. Full Article
w Indian Army, IAF helicopters and Indian Army troops evacuated crew in Sikkim By economictimes.indiatimes.com Published On :: 2020-05-08T22:00:19+05:30 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. Full Article
w Road along Nepal border falls within Indian territory By economictimes.indiatimes.com Published On :: 2020-05-10T00:07:58+05:30 In response to queries on inauguration of road on 8th May in Pithoragarh district Uttarakhand, MEA Spokesperson stated, “We have seen the Press Release dated 9th May 2020 issued by the Ministry of Foreign Affairs of Nepal pertaining to the inauguration of a road in India.” Full Article
w Insurers rework sales pitches post Covid-19 By economictimes.indiatimes.com Published On :: 2020-05-06T19:36:31+05:30 These companies have undertaken massive exercises to retrain agents to approach and convince customers to buy new policies and renew premiums entirely through digital channels such as WhatsApp or Zoom, while also rejigging sales strategies starting right from the drafts used by agents to approach prospective customers, said people aware of the developments. Full Article
w Covid-19 impact: After being locked down, companies now set to suffer labour pain By economictimes.indiatimes.com Published On :: 2020-05-05T04:35:21+05:30 Industry leaders said April-June quarter would be a washout even for the high and mighty. Full Article
w Expired e-way bills biggest challenge for India Inc By economictimes.indiatimes.com Published On :: 2020-05-05T07:52:56+05:30 India Inc’s first attempts to move goods across states after the easing of lockdown curbs were hobbled by expired e-way bills which made it near impossible for transporters to cross checkpoints. Full Article
w Corporate borrowings hit amid lockdown By economictimes.indiatimes.com Published On :: 2020-05-06T01:12:07+05:30 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. Full Article
w Guidelines out for companies willing to work with 33% staff By economictimes.indiatimes.com Published On :: 2020-05-06T04:20:21+05:30 The guidelines mandate companies to strictly observe the social distancing protocol, including restricting the number of people in a lift, providing health insurance to workers and random testing for Covid-19. Full Article
w Calcutta HC allows MP Birla Group companies to declare voting results of its AGM By economictimes.indiatimes.com Published On :: 2020-05-06T10:26:39+05:30 On Monday, the court had also said that the order is not sustainable in view of the fact that orders and/or directions were passed interfering with the holding of AGM by the companies that are separate juristic entities without first deciding the issue of jurisdiction. Full Article
w With little to cheer, companies cut festive spend By economictimes.indiatimes.com Published On :: 2020-05-08T00:01:20+05:30 Production cuts will be most in premium product portfolio as companies expect consumers to curb discretionary spending as the impact of the Covid-19. Manufacturing orders fall by up to 40% year on year as they expect much of current stock to remain unsold till then, company executives said. Full Article
w Brave New World: High govt borrowing comes at a great cost By economictimes.indiatimes.com Published On :: 2020-05-09T11:44:01+05:30 Fed fund futures are now pricing negative fed rate by June 21. Full Article
w Lockdown 3.0: Some auto cos resume production, others prepare to restart manufacturing By economictimes.indiatimes.com Published On :: 2020-05-06T23:43:16+05:30 The country's largest carmaker Maruti will resume operations at its Manesar plant from May 12. Full Article
w COVID-19: Maruti Suzuki leans on Wellness Mitra App for employees' safety By economictimes.indiatimes.com Published On :: 2020-05-07T13:14:32+05:30 The app that complements the Aarogya Setu App has been made mandatory for all employees across the value chain, requiring them to update their health status, including close family members, on the app everyday. It has been developed to ensure safety and monitor employees' health on a real time basis. Full Article
w Will expedite scrappage policy, extend compliance timelines for auto companies where possible: Gadkari By economictimes.indiatimes.com Published On :: 2020-05-07T15:22:35+05:30 “I have been trying for the last two years to pursue the scrappage policy. I have asked the Secretary (ministry of road transport and highways) to expedite the scrappage policy. Because this will help reduce production cost,” Gadkari said in an interaction with SIAM Institute on Thursday. Full Article
w BMW Group India resumes local production at Chennai plant By economictimes.indiatimes.com Published On :: 2020-05-07T16:49:34+05:30 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. Full Article
w Automotive retail chains crawl back to work By economictimes.indiatimes.com Published On :: 2020-05-07T23:39:22+05:30 About 20% of the auto retail network, or 3,500 outlets, opened for business this week, with one-third staff to comply with social-distancing norms. As of Wednesday evening, some 50,000-60,000 employees were back at work, industry insiders said. Full Article
w 20% of auto retailers open shutters on lockdown relaxation; witness muted walkins and enquiries By economictimes.indiatimes.com Published On :: 2020-05-08T00:14:08+05:30 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. Full Article
w Ceat extends warranty on tyres by three months By economictimes.indiatimes.com Published On :: 2020-05-08T16:44:27+05:30 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. Full Article
w Lockdown: Hyundai rolls out 200 vehicles from Chennai plant on first day of resuming operations By economictimes.indiatimes.com Published On :: 2020-05-09T13:11:59+05:30 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. Full Article
w IIT professor develops software to detect COVID-19 within 5 seconds using X-ray scan By economictimes.indiatimes.com Published On :: 2020-04-24T13:01:32+05:30 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. Full Article
w China names its Mars mission Tianwen-1 ahead of its planned launch this year By economictimes.indiatimes.com Published On :: 2020-04-24T13:15:24+05:30 China on Friday named its first Mars exploration mission to be launched later this year as Tianwen-1 as it celebrated 'Space Day' to mark the 50th anniversary of the launch of the country's first satellite Dong Fang Hong-1 in 1970. Full Article
w India may see second wave of COVID-19 outbreak in monsoon, say scientists By economictimes.indiatimes.com Published On :: 2020-04-24T14:03:18+05:30 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. Full Article
w IITs are helping India win the Covid battle By economictimes.indiatimes.com Published On :: 2020-04-24T14:21:14+05:30 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. Full Article
w With 208 R&D projects, IITs lead India’s fight against Covid-19 By economictimes.indiatimes.com Published On :: 2020-04-26T10:03:25+05:30 IIT-Guwahati has shown the way cornering the biggest pool of projects, followed by IIT-Madras and IIT-Hyderabad. Nearly 50% of the key research in India’s premier technical schools are happening in six of the old IITs. Majority of the researches are happening in the field of personal protective care equipment (45 projects), followed by sanitisation (33) and treatment. Full Article
w Cardiac abnormalities in COVID-19 patients treated with hydroxychloroquine: Study By economictimes.indiatimes.com Published On :: 2020-04-26T13:17:29+05:30 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. Full Article
w Jadavpur University students develop device which can tell if a coughing person is a COVID-19 carrier By economictimes.indiatimes.com Published On :: 2020-04-29T10:11:34+05:30 Two students of the Jadavpur University have developed an intelligent device which will analyse if a coughing person is a COVID-19 carrier. Full Article
w How a tiny widget waylaid the world’s biggest science experiment By economictimes.indiatimes.com Published On :: 2020-05-03T11:40:31+05:30 The tale of ITER’s missing shims shows how even the best-laid contingency plans have had to be rewritten. Full Article
w Intensive farming may increase risk of epidemics, scientists warn By economictimes.indiatimes.com Published On :: 2020-05-06T16:48:47+05:30 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. Full Article
w With a phased opening, India tries to avoid a grave economic toll: Bibek Debroy By economictimes.indiatimes.com Published On :: 2020-05-09T23:00:00+05:30 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. Full Article
w Economy likely to show negative growth in current year: Montek Singh Ahluwalia By economictimes.indiatimes.com Published On :: 2020-05-09T23:00:00+05:30 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 Full Article
w Motown takes corporate bond route to raise funds By economictimes.indiatimes.com Published On :: 2020-04-29T13:02:53+05:30 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. Full Article
w Sovereign perpetual bonds: An idea whose time has come By economictimes.indiatimes.com Published On :: 2020-05-05T15:12:44+05:30 Perpetual bonds are a standard instrument in the kitty of capital markets today. Full Article
w Companies tap bond markets at record rate to ride out coronavirus downturn By economictimes.indiatimes.com Published On :: 2020-05-05T19:21:26+05:30 In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data. Full Article
w 10-year benchmark bond yields fall to 2009 level, may reverse on higher borrowing plan By economictimes.indiatimes.com Published On :: 2020-05-08T15:49:43+05:30 A hike in taxes on fuels, which will add to government’s revenue, helped lift sentiment. Full Article
w Bond yields likely to spike after govt raised borrowing targets By economictimes.indiatimes.com Published On :: 2020-05-08T20:27:02+05:30 The gross borrowing programme for the year has been increased to Rs 12 lakh crore. Full Article
w Discussed decision to shut 6 MF schemes with Sebi, says Franklin Templeton By economictimes.indiatimes.com Published On :: 2020-04-24T18:16:20+05:30 This is the first instance when a fund house is shutting its schemes because of coronavirus related pandemic. Full Article
w Traders are baffled why the futures market is pricing in negative rates By economictimes.indiatimes.com Published On :: 2020-05-09T12:42:34+05:30 However, record-low yields are pointing to an undercurrent of worry in the market. Full Article
w Wall Street Week Ahead: US data deluge to underscore divide between roaring market, plunging economy By economictimes.indiatimes.com Published On :: 2020-05-09T14:13:45+05:30 Though bleak, that number was smaller than analysts’ expectations of 22 million jobs lost. Full Article
w Adani Transmission Q4 net down 60% at Rs 59 crore on one-time writeoff By economictimes.indiatimes.com Published On :: 2020-05-09T15:59:30+05:30 The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019. Full Article
w How to beat lockdown blues: What sports psychologists recommend for athletes By economictimes.indiatimes.com Published On :: 2020-04-23T18:05:18+05:30 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. Full Article
w Next year's Olympics will be cancelled if pandemic not over: Games chief By economictimes.indiatimes.com Published On :: 2020-04-28T11:39:01+05:30 The postponed Tokyo 2020 Olympics will be cancelled if the coronavirus pandemic isn't brought under control by next year, the organising committee's president said in comments published Tuesday. Full Article
w India loses hosting rights of 2021 men's world boxing championships By economictimes.indiatimes.com Published On :: 2020-04-28T21:27:28+05:30 "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. Full Article
w Legendary footballer Chuni Goswami no more By economictimes.indiatimes.com Published On :: 2020-04-30T18:47:52+05:30 The iconic sportsperson, who also played first-class cricket for Bengal, was 82 and breathed his last at a hospital here. He is survived by his wife Basanti and son Sudipto. Full Article
w Discus thrower Sandeep Kumari gets 4-year ban for dope flunk By economictimes.indiatimes.com Published On :: 2020-05-02T18:56:58+05:30 Not only Kumari's but samples of four other Indians, including 2017 Asian champion quarter-miler Nirmala Sheoran's had returned negative at NDTL but were found positive when tested in Montreal. Jhuma Khatun, one of them, was also handed a four-year ban, last month. Full Article
w Sports ministry invites nominations for national sports awards through e-mail By economictimes.indiatimes.com Published On :: 2020-05-05T14:25:18+05:30 "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. Full Article