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Edible Oil Imports Plunge 34% On Year In April

The Solvent Extractors' Association (SEA), noted in a latest update that based on the available data, it has compiled provisional data for Import of Edible Oils for April 2020. The imports in April 2020 are reported at 790,377 tons compared to 941,219 in March 20 and 1,198,763 tons in April 2019, down by 34%, on YoY basis. The drop in April is mainly due to logistics issues at destinations as well as at discharge ports. The overall Import of Edible Oils during Nov-2019 to April-2020 is reported at 6,182,184 tons, compared to 7,203,830 tons during the same period of previous year, i.e. down by 14 %.




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Gold sees steady gains

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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.




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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.




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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.




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Wealth: How To Ignore the Noise

How advisers can keep heirs as clients. Plus, how you can teach clients to ignore the noise. And, a look at non-traded REITs. Dow Jones Wealth Adviser's Veronica Dagher reports.




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Zydus Cadila launches affordable prostate cancer treatment drug 'Obnyx'

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Procter & Gamble Hygiene and Health Care standalone net profit rises 1.10% in the March 2020 quarter

Sales decline 6.19% to Rs 656.05 crore




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Tamil Nadu Assembly polls: AIADMK leads in 5 seats, DMK in 2

AIADMK was leading in Mayiladuthurai, Poompuhar, Sankari, Udhagamandalam and Athur, the EC said




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Tamil Nadu assembly elections: AIADMK takes lead, could disprove exit polls

Neck to neck fight between two dravidian parties




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AIADMK leads in 37 seats; DMK 19

AIADMK supremo J Jayalalithaa was leading by over 5,000 votes in RK Nagar in the city against her nearest rival Shimla Muthuchozhan of DMK




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AIADMK ahead in 134 seats, DMK, allies in 83

Jayalalithaa leading by over 16,000 votes in Dr RK Nagar constituency, ahead of her DMK rival Shimla Muthchozhan




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Jayalalithaa breaks the jinx: Five top victory quotes

She said she has no other interest in life than working for the people of Tamil Nadu




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Assembly elections 2016 results: BJP spreads wings, Congress shrinks

BJP wins in Assam, opens account in Kerala; Congress loses two states; Left sweeps Kerala; Mamata decimates Opposition in West Bengal




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Jayalalithaa elected as legislature party leader

The party won election with 134 seats out of 232 seats




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EC cancels polls to two Tamil Nadu Assembly seats

It usually only takes such a harsh step when there is evidence that muscle power has been used




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Replacing British-era rail bridges may take 60 years

26% bridges are over 100-year old, 5% crossed 140 years




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Rail stocks decline 3-5% ahead of Railway Budget

The investors are looking for a safety fund for Railways




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Health care service providers want tax sops in Budget

Wants patient treatment, which is currently exempt from service tax, to continue to enjoy this sop under GST for 10 years




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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




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Cyient tumbles after weak Q4 numbers

Cyient skid 7.32% to Rs 214.75 after consolidated net profit slumped 58.26% to Rs 45.20 crore on a 2.92% decline in net sales to Rs 1,073.60 crore in Q4 March 2020 over Q3 December 2019.




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Benchmarks near day's high; RIL in demand

The domestic equity barometers traded near the day's high in morning trade. The Nifty was trading above the 9300 mark. Buying in index major Reliance Industries (RIL) pushed the benchmarks higher. At 10:29 IST, the barometer index, the S&P BSE Sensex, was up 441.29 points or 1.40% at 31,884.67. The Nifty 50 index rose 122.10 points or 1.33% at 9,321.15.




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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.




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Laurus Labs tumbles about 9% on heavy volumes

Laurus Labs slumped 8.86% to Rs 445.50 on the BSE.




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Indices trim gains; India's 10-year bond yield ends below 6%

In the broader market, the S&P BSE Mid-Cap index was up 0.22% while the S&P BSE Small-Cap index down 0.1%.




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Kokuyo Camlin Ltd leads losers in 'B' group

Healthcare Global Enterprises Ltd, Ganges Securities Ltd, Pritish Nandy Communications Ltd and The Byke Hospitality Ltd are among the other losers in the BSE's 'B' group today, 08 May 2020.




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Cyient Ltd leads losers in 'A' group

Laurus Labs Ltd, RBL Bank Ltd, Bandhan Bank Ltd and Torrent Power Ltd are among the other losers in the BSE's 'A' group today, 08 May 2020.




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COVID-19 deaths in Italy exceed 30,000

The number of people in Italy who've died with COVID-19 infections has topped 30,000. The Health Ministry registered 243 deaths on Friday, bringing the total of those who died in the country to 30,201. Italy was the first country in Europe with a major outbreak of the coronavirus. Authorities say many more likely died with the infection at home or in nursing homes without being diagnosed. With 1,327 more cases registered in the 24-hour period ending Friday evening, Italy now tallies 217,185 confirmed coronavirus infections. Some 11,000 more people have recovered from the illness than are currently positive for the infection. Lombardy in the north continues to be the hardest-hit region, accounting for nearly one-half of the latest cases registered on Friday. Health and government authorities are concerned that partial easing earlier in the week of some lockdown measures, such as re-opening of public parks and gardens, could see an uptick in contagion if people ignore safety-distance ...




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Trump reaches out to world leaders on coronavirus, global economy

US President Donald Trump reached out to several world leaders, including those from Germany and Saudi Arabia, to discuss the coronavirus pandemic and the global economy on Friday, the White House said. Trump and King Salman bin Abdulaziz Al-Saud of Saudi Arabia discussed the latest positive developments in defeating the coronavirus pandemic and re-energising global economies, the White House said in a readout of the call. The two leaders agreed on the importance of stability in global energy markets and reaffirmed the strong United States-Saudi defence partnership, it said. Trump and King Salman also discussed other critical regional and bilateral issues and their cooperation as leaders of the G7 and G20, respectively, the readout of the call said. In a separate phone call with Chancellor Angela Merkel of Germany, the two leaders discussed positive developments in defeating the coronavirus pandemic, research efforts and reopening the American and German economies. "The President ...




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Kim sends Putin letter in outreach amid outbreak

North Korea says leader Kim Jong Un sent a letter to Russian President Vladimir Putin to congratulate him on the 75th anniversary of the allied victory in World War II and wishing Russia success in fighting its coronavirus outbreak. The report by Pyongyang's official Korean Central News Agency on Saturday came a day after it reported Kim sent a personal message to Chinese President Xi Jinping to praise what he described as China's success in getting its COVID-19 epidemic under control. Some experts say the North could intensify its diplomatic outreach to neighbors, particularly China, as it seeks economic help after closing its border for months to fend off the virus. KCNA says Kim's message sincerely wished the president and people of Russia sure victory in their struggle to build a powerful Russia by carrying forward the tradition of the great victory in the war and to prevent the spread of the novel coronavirus infection.




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NY State cites COVID-19 in presidential primary appeal

An appeals court should let a June 23 primary election in New York state proceed without voters and poll workers being forced to risk exposure to the coronavirus to vote for a Democratic candidate for president when the race is essentially over, lawyers for the state said Friday. The written arguments were filed by Attorney General Letitia James and Senior Assistant Solicitor Judith N. Vale after a judge ordered the state to include the presidential race on the ballot even though former Vice President Joe Biden is essentially running unopposed. The 2nd U.S. Circuit Court of Appeals in Manhattan has scheduled oral arguments for next Friday. On Tuesday, U.S. District Judge Analisa Torres said it was unconstitutional to eliminate the Democratic presidential primary after delegates for withdrawn candidates Bernie Sanders and Andrew Yang complained that doing so weakens their standing at the Democratic Convention. She noted that a primary for contested races across New York state was ...




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S Korea has 18 new virus cases fuelled by clubs

South Korea has reported 18 fresh cases of the new coronavirus in the past 24 hours, including 12 in the capital of Seoul, as health workers scramble to trace contacts after detecting a slew of transmissions linked to clubgoers. Figures released by South Korea's Centers for Disease Control and Prevention on Saturday brought national totals to 10,840 cases and 256 deaths. While the KCDC didn't immediately release specific details, most of the new cases were likely linked to the nightclubs in Seoul's Itaewon leisure district, which was brought to a sudden standstill Friday night following reports of the transmissions. Officials on Friday said they detected at least 15 infections linked to a 29-year-old man who visited three Itaewon clubs on Saturday before testing positive on Wednesday. The infections raised concern about a broader spread of the virus in the Seoul metropolitan area, where about half of South Korea's 51 million people live. South Korean Prime Minister Chung Sye-kyun in a




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AOC's John Coates: Tokyo could be the greatest Olympics ever

Australian Olympic Committee president John Coates has predicted that next year's coronavirus-delayed Tokyo Games may ultimately be amongst the great games ever, if not the greatest. The Sydney-born Coates, who oversees planning for the Tokyo Olympics for the International Olympic Committee, told the AOC's annual general meeting on Saturday that he would put aside any of his parochialism while hoping that Tokyo would supplant Sydney as the best ever. At the closing ceremony of the Sydney 2000 Games, then IOC president Juan Antonio Samaranch described the Australian event as the best Olympic Games ever during the closing ceremony. The best-ever"claims for Tokyo by Coates, who did not go into further details, come despite spiraling costs for the Japan games, which will now begin on June 23, 2021. Japan is officially spending $12.6 billion to organize the Olympics, but a government audit report last year said it was at least twice that much. It's all public money except for $5.6 billion .




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NASCAR's empty-oval return means lost races at three tracks

American stock car auto racing's comeback later this month from the coronavirus pandemic will cost three tracks their 2020 season races with more schedule adjustments coming soon. That was the word Friday from the National Association for Stock Car Auto Racing (NASCAR), the closed-cockpit series that is the most popular form of US auto racing. Races at Sonoma, California; Joliet, Illinois and Richmond, Virginia were named those moved to ovals without spectators this month to jumpstart the US revival of sport in the wake of the coronavirus pandemic shutdown. Sonoma Raceway officials said the road course tried to find a new date to replace June 14 but couldn't "given the ongoing uncertainty around large events in California." It will be staged instead on May 27 at Charlotte Motor Speedway, which will host a regularly scheduled race three days earlier in what will essentially be made-for-television events. A planned June 21 race at Chicagoland will be the May 17 comeback event at ...




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NBA teams start to reopen, as testing plan begins emerging

The NBA took tiny steps toward a return to normalcy, as a small number of practice facilities reopened for workouts and at least one team received permission from the league to test players and staff for the coronavirus. Meanwhile, NBA Commissioner Adam Silver took part in a teleconference with members of the National Basketball Players Association on Friday night. Silver, according to a person familiar with the call's details, told players that the league is still aiming to hold full best-of-seven playoff series should the season resume and that playing without fans is an obvious possibility. Silver also spoke about the well-known notion of having the season resume in a centralized location, though cautioned that no decisions may be made for another several weeks, according to the person who spoke to The Associated Press on condition of anonymity because details of the call were not publicly released. Cleveland and Portland were open for players who wanted to get voluntary workouts ..




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Real's Jovic suffers heel break

Real Madrid attacker Luka Jovic has fracture his right heel, the La Liga giants have announced. In a statement, Real said the 22-year-old's injury had been diagnosed during tests at the club's medical centre, but didn't say how long they expect him to be out of action. According to Spanish media, Serbia's Jovic picked up the injury while training at home shortly after returning to Spain from his home country at the start of the week. Jovic caused controversy in March when he left for Serbia while Real were in quarantine after some of the club's basketball players tested positive for coronavirus. He subsequently explained his test for the virus was negative. He arrived at Real last summer from Eintracht Frankfurt for a reported fee of 60 million euros ($65.1 million). Before the season was suspended due to the COVID-19 pandemic, he had played 22 times for the capital city club in all competitions, scoring twice.




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Fury's coach backs him to beat Joshua

Tyson Fury is mentally stronger than Anthony Joshua and would overcome his British rival in similarly commanding fashion to how he defeated Deontay Wilder, according to the WBC heavyweight champion's coach Andy Lee. Fury got his hands on one of the four major world belts again when he ended Wilder's long reign as champion, knocking the previously unbeaten American down twice on the way to a seventh-round stoppage in February. While he is contractually obliged to face Wilder for a third time and Joshua is scheduled to take on Kubrat Pulev next, the outbreak of coronavirus and subsequent suspension of major boxing shows has clouded the issue. Speculation is rife that a domestic bout could take priority but Lee can only see one outcome in a fight that would determine the undisputed world heavyweight champion. "I think (Joshua) is still an improving fighter," Lee told Sky Sports. "A little bit of inexperience and mentally he's not as strong as Tyson. "I think Tyson would beat him in eight




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Batra gets extension as FIH President after world's body's Congress postponed to May next year

Indian Olympic Association President Narinder Batra's tenure as the chief of the International Hockey Federation (FIH) has been extended till May next year after its annual congress was postponed due to the COVID-19 pandemic. The decision to postpone the Congress, which was earlier scheduled to begin in New Delhi on October 28, was taken at an online meeting of the FIH Executive Board on Friday. "I'm looking forward to the numerous tournaments and competitions ahead of us, which we are preparing with full dedication and passion with all National Associations involved," Batra said. The exact date of the postponed congress will be confirmed as soon as possible, the FIH said in a statement. "This decision, made due to the current uncertainties following the global COVID-19 pandemic, is based on Art. 12.1 of the FIH Statutes, covering cases of force majeure," it added. The postponement means the tenures of all the current FIH office-bearers get extension until next year's ...




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'Upload' renewed for season two at Amazon

Amazon Prime Video has given a second season order for Greg Daniels' show "Upload". The season two renewal comes just a week after the show premiered on Amazon Prime Video, according to The Hollywood Reporter. The single-camera sitcom, featuring Robbie Amell and Andy Allo, takes place in the near future, where people who are near death can be "uploaded" into a virtual afterlife of their choice. "I am thrilled to continue a great relationship with Amazon Studios and this wonderful cast and find out what happens next to Nora and Nathan and Ingrid and their 2033 world. With this news I can stop drawing my season 2 flip book," Daniels said in a statement. "Upload" is executive produced by Daniels and his producing partner Howard Klein.




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Australian captain Lanning delivers virtual batting class for Ireland women's team

World Cup winning-Australia captain Meg Lanning has used the extra time in hand amid the COIVD-19 pandemic to provide a virtual batting class to Ireland women's cricket squad. Lanning was joined by former Ireland skipper Isobel Joyce in the initiative that took place this week to help the players keep their skills sharp during the forced break from cricket. The duo touched upon a number of topics, including the mental preparation going into a big game, shot selection and an analysis of the Australian captain's T20I century against England last year. The session was chaired by Irish women's team head coach Ed Joyce and also featured Australia boss Matthew Mott. "Any time you can pick the brains of experienced cricketers such as Meg and Isobel is valuable, and I know that our entire squad enjoyed this unique opportunity," Ireland skipper Laura Delany said. "People often underestimate the mental aspect of the game, and both players spoke about the importance of mental preparation before .




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US women's nationakl team files appeal after legal setbac

The US women's national team has filed an appeal against a legal setback in their equal pay lawsuit, saying they are being paid less than the men even though they win twice as much. In dismissing their equal pay claim last Friday, Judge Gary Klausner said the case was unwarranted because they had previously turned down an offer in the Collective Bargaining Agreement negotiations to be paid along the lines of the US men's team. "The argument that women gave up a right to equal pay by accepting the best collective bargaining agreement possible in response to the Federation's refusal to put equal pay on the table is not a legitimate reason for continuing to discriminate against them," said USWNT spokesperson Molly Levinson on Friday night. She listed a series of grievances in the motion to appeal which was filed in a federal district court in California and is part of a larger lawsuit for equal pay. Levinson said the women are being discriminated against because they are not getting as ..




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5-year-old boy dies from rare inflammatory illness linked to COVID-19 in US

In a worrying development, a five-year old boy has died in New York from a rare inflammatory illness linked to the coronavirus, while the death of another seven-year-old boy is being investigated for possible links to the mysterious pediatric syndrome. The New York State Department of Health is investigating several cases of the severe illness in children and child deaths that may be linked to the serious inflammatory disease called "Pediatric Multi-System Inflammatory Syndrome Associated with COVID-19." There have been 73 reported cases in New York where children are experiencing symptoms similar to Kawasaki disease and toxic shock-like syndrome possibly due to COVID-19. On Thursday, a 5-year-old boy died in the New York City from these COVID-related complications, Cuomo said. Officials in Westchester County in upstate New York say that a 7-year-old boy died late last week at Maria Fareri Children's Hospital in Valhalla. Michael Gewitz, Physician-in-Chief of Maria Fareri Children's ..




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Egypt's president expands powers, citing virus outbreak

Egypt's President Abdel-Fattah el-Sissi on Saturday approved amendments to the country's state of emergency that grant him and security agencies additional powers, which the government says are needed to combat the coronavirus outbreak. An international rights group condemned the amendments, saying the government has used the global pandemic to expand, not reform, Egypt's abusive Emergency Law. The new amendments allow the president to to take measures to contain the virus, such as suspending classes at schools and universities and quarantining those returning from abroad. But they also include expanded powers to ban public and private meetings, protests, celebrations and other forms of assembly. The government has waged an unprecedented crackdown on dissent since 2013, when el-Sissi rose to power, and unauthorized protests have been banned for years. The amendments also allow military prosecutors to investigate incidents when army officers are tasked with law enforcement or when the .




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Being ostracized: Virus leaves its mark for UK's elderly

From resounding applause to ostracization and isolation. That's essentially the journey Lt. Cmdr. Robert Embleton, who served 34 years in Britain's Royal Navy, took by ambulance when discharged from Derriford Hospital in Plymouth, southwestern England, on April 8 following his near-month sickness with COVID-19. Arriving at his retirement home, he immediately went into self-isolation with his wife of 55 years, Jean, who has shown no symptoms of the virus. Soon after, Embleton realized he was carrying some new baggage the stigma of the virus. He even considered buying a bell to warn of his presence. I was regarded as a sort of leper, a plague carrier. Some people when they spotted me, they recoiled, the 79-year-old told The Associated Press. I was particularly regarded as a menace. That's some contrast to his final moments at Derriford Hospital, when the somewhat embarrassed Embleton received a round of applause from all the front-line staff from the cleaners to the doctors. Embleton ..




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WHO, UN's postal agency release commemorative stamp on 40th anniversary of smallpox eradication

The WHO and the UN's postal agency have released a commemorative postage stamp on the 40th anniversary of the eradication of smallpox, with the head of the global health body expressing gratitude to a top Indian-origin UN official. In May 1980, the 33rd World Health Assembly issued its official declaration that "the world and all its peoples have won freedom from smallpox." It was ended on the back of a 10-year WHO-spearheaded global effort that involved thousands of health workers around the world to administer half a billion vaccinations to stamp out smallpox. "When WHO's smallpox eradication campaign was launched in 1967, one of the ways countries raised awareness about smallpox was through postage stamps when social media like Twitter and Facebook was not even on the horizon," World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said. "I especially want to thank my friend Mr Atul Khare, United Nations Under-Secretary-General for Operational Support, for ...




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Nepal's coronavirus cases reach 109

Nepal has reported seven new coronavirus cases, taking the number of infections in the country to 109, the health ministry said on Saturday. Nepal is among the nations that has the least number of cases of the deadly coronavirus. The new cases involve three women and four men aged between 17 and 65 years. The women belonged to Udayapur district, while three men are from Kapilavastu district and one from Parsa district. With this, the total number of infections in the Himalayan nation has reached 109, it said. So far, 30 people have recovered from the disease, the ministry said. According to the Johns Hopkins University data, the virus has infected over 3.9 million people and claimed over 270,000 people worldwide.




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Bob Dylan announces first album of original songs in 8 years

Music icon Bob Dylan is set to release his first album of original songs in eight years, Rough and Rowdy Ways, on June 19. The album is a follow up of 2012's "Tempest. The Nobel Prize-winning singer shared the release date of his new studio effort on Instagram and also released a third song from the album, the guitar-heavy False Prophet". The song follows Murder Most Foul and I Contain Multitudes. The album, his 39th collection of original songs, is said to be named after the 1929 Jimmie Rodgers classic My Rough and Rowdy Ways. It has ten tracks; on the CD version, while the 17-minute-long Murder Most Foul will get its own disc.




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Pakistan eases nationwide lockdown even as coronavirus cases rise

Pakistan on Saturday began easing the month-long lockdown despite a steady rise in the number of the coronavirus cases which rose to 27,474 after health authorities reported a big jump of 1,637 infections and 24 deaths in a single day. Prime Minister Imran Khan on Thursday said that Pakistan would begin easing its nationwide lockdown in a phase-wise manner by allowing various businesses to open up from Saturday, citing the economic crisis due to the shutdown, which was enforced in the country in March end. 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. The federal government was trying to provide maximum relief to the people but due to the current economic conditions of the country, the lockdown must be eased, the Express Tribune quoted Khan as saying. Sindh Chief Minister Murad Ali Shah and Adviser to Khyber-Pakhtunkhwa chief minister Ajmal Wazir said the provincial government .




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Russian volunteers search for fallen World War II soldiers

Crouching over the sun-drenched soil, Alfred Abayev picks up a charred fragment of a Soviet warplane downed in a World War II battle with advancing Nazi forces. You can see it was burning, he says, pointing at the weathered trace of a red star. Abayev and members of his search team rummage the steppe for remains of the Red Army soldiers who fell in the autumn of 1942 in fierce fighting with Nazi troops pushing toward the Caspian Sea south of Stalingrad. Stiff resistance by the Red Army stopped the Wehrmacht onslaught in the steppes of Kalmykia, and months later the enemy's forces were encircled in Stalingrad and surrendered, a major defeat for the Nazis that marked a turning point in World War II. The search for remains of fallen Red Army soldiers near Khulkhuta, in Kalmykia, a southern province that lies between the Volga River and the Caspian Sea, is part of a broad effort by myriad volunteer groups across Russia to pay tribute to fallen World War II soldiers. Russia's losses stood .




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Militants increasing attacks on Burkina Faso mines

Jihadists burst into the gold mine where Moussa Tambura worked in Burkina Faso, forbidding everyone from smoking and drinking. It wasn't long before the men returned and leveled the place to the ground. They attacked the site, killed people and burned houses, said Tambura, 29, clenching his fists. He was able to find work again after fleeing to Bouda, another town in country's north that still has small-scale mining. Still, he struggles to provide for his family since his new job isn't as lucrative as his old one. Jihadists linked to al-Qaida and the Islamic State organization have been overrunning gold mines like Tambura's one by one as they try to gain control of Burkina Faso's most lucrative industry. The extremists are then collecting a protection tax from communities living around the gold mines and also forcing the miners to sell them the gold exclusively, which is then smuggled and sold across the border in places like Benin, Ghana or Togo. The violence already has shuttered ...