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Over 30% polling till 11:30 hrs in Puducherry

Voters turned up in large numbers at the booths despite rains in urban & rural areas




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Counting of votes begins in Puducherry

A total of 344 candidates, including 96 independents, are in the fray in the polls held on May 16




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Puducherry Assembly polls: Congress wins 4 seats, AINRC bag one

Early trends showed the AINRC and Congress in a neck-and-neck race




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Congress-DMK alliance wins Puducherry

While it lost elections in the ruling Assam and Kerala, Indian National Congress has received some form of relief as it has emerged as single largest party with 15 seats at Puducherry and could form government in the Union Territory.Together, the ...




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Opinion: Congress Creates a Coronavirus Spending Mess

Potomac Watch: Congress has found its own neat and plausible answer to the Covid-19 pandemic: spend, spend some more. Thankfully, a few elected leaders are starting to realize it’s wrong. Image: Win McNamee/Getty Images




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China limiting Mekong river's flow triggered drought in region, says US-based research

A US-based research company has found that China limited the flow of the Mekong River following the construction of a number of its sprawling dams in its territory in the backdrop of a severe drought in the region last year.The report comes at a time when the entire world is grappling with the coronavirus pandemic since late last year, when the virus first made its appearance in Wuhan, the capital of central China's Hubei province."The satellite data does not lie and there was plenty of water in the Tibetan Plateau, even as countries like Cambodia and Thailand were under extreme duress," said Alan Basist, who co-wrote the report, which was released on Monday, for Eyes on Earth, a water resources monitor."There was just a huge volume of water that was being held back in China," Basist was quoted by New York Times as saying.Farmers and fishermen across the Mekong region were devastated as the water level in portions of the river dwindled due to dams commissioned by China which has been .




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Combating COVID-19: Nepal extends lockdown till April 27

Nepal has decided to extend its nation-wide lockdown imposed in view of surging coronavirus cases for 12 more days till April 27.The decision taken during a Cabinet meeting on Tuesday comes after a sudden rise in coronavirus cases in the Himalayan country. This would be the third extension to the lockdown that was first imposed on March 24.The Council of Ministers' meeting chaired by Prime Minister KP Sharma Oli decided to extend the lockdown till April 27. Earlier meeting of the Cabinet had extended the lockdown till April 15, which was set to end on Wednesday mid-night.The Nepali government has also decided to ban all commercial international flights till April 30.Two more people have tested positive for the coronavirus in the national capital. They had a travel history to the United Kingdom.Ministry of Health and Population said in a statement: "A family of three residing in Sun City Apartment of Pepsi Cola Town Planning were tested for COVID-19 on April 13 where two persons, a ...




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PoK residents getting no benefits under Ehsaas Programme of Pakistan

People in Pakistan occupied Kashmir (PoK) are facing discrimination at the time of COVID-19 outbreak as they are being denied benefits under the Ehsaas Emergency Cash Programme launched by Pakistan Prime Minister Imran Khan.Pakistan government launched the Ehsaas Emergency Cash programme under which Rs. 12,000 grant is to be provided to around 12 million families across the country including those from PoK.But like all other schemes announced by Pakistan in the past, this too has excluded an already discriminated and deprived PoK populace of the benefits, as the residents have received nothing but despair after standing in long queues for hours outside the designated banks.A local woman said, "Our house caught fire and everything got burnt. Even our daughter faced severe injuries. Today we have nothing with us, not even food and we are getting no help. Our daughter got treated in Rawalpindi but now we don't have money to continue with her treatment. We came to know that we will be ...




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PM Modi, Palestinian President discuss COVID-19 challenges

Prime Minister Narendra Modi on Tuesday held a telephonic conversation with President of Palestine Mahmoud Abbas and the two leaders discussed challenges posed by the COVID-19.As per an official release, "the two leaders discussed the challenges posed by the ongoing COVID-19 pandemic, and apprised each other of the steps being taken in their respective countries to control the situation."Prime Minister Modi also appreciated the measures taken by Abbas' authorities to protect their population from the virus and assured all possible support from India for these efforts.The two leaders will stay in touch over various issues regarding the global pandemic. Palestine has so far reported 308 confirmed cases of coronavirus and two deaths so far.




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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 ...




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Indian rapid response team imparts training in Kuwait

The Indian Rapid Response Team imparted training and shared its experience with the Kuwaiti personnel at Jaber Al Ahmed Hospital as part of capacity building in the fight against COVID-19.The team had reached Kuwait on Monday.A release issued by External Affairs Ministry on Monday said that the rapid response team is expected to stay in Kuwait for the next two weeks to help the Kuwait government with medical assistance in testing and treatment of the people infected by the novel coronavirus.The team went to Kuwait following a phone call between Prime Minister Narendra Modi and Prime Minister of Kuwait Sheikh Sabah Al-Khaled Al-Hamad Al-Saba. Both the leaders had agreed for a coordinated approach towards the deadly disease.




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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, ..




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Trump halts US funding for World Health Organization

US President Donald Trump on Tuesday said he has instructed his administration to halt World Health Organisation's funding while a review is being conducted in the WHO's "role in severely mismanaging and covering up" the spread of coronavirus after it emerged in China."Today I'm instructing my administration to halt funding of the World Health Organization. We will redirect global health and directly work with others. All of the aid that we send will be discussed at very, very powerful letters," Trump said during a press conference.The US President has been critical of the world health body stating that the organisation was aware of the dangers of the coronavirus months before it took action.The United States has been the worst-hit country from the coronavirus. The virus has killed over 25,000 people in the country since the outbreak. There are at least 594,207 cases of coronavirus in the US.The US President also said the funding would be suspended while officials conduct a review "to




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Egyptian security forces kill 7 militants planning attack during Easter celebration

Egyptian security forces have killed seven terrorists who were planning an attack on the country's Coptic Orthodox Christian population during their upcoming Easter celebrations, the country's Ministry of Internal Affairs said.According to the ministry, security forces raided an apartment in a densely-populated region of the capital. Mohammed Fawzy Al Hofi, a lieutenant officer, was killed during the attack, and one other police officer suffered injuries, the statement read.Security forces found six machine guns and ammunition in the apartment after the raid, according to the statement.On Tuesday evening, the national media reported on the security operation, which took place in a multistorey building in the Al Amireya region of the Egyptian capital.The country's Coptic Orthodox Christians are set to celebrate Easter Sunday on April 19.In April 2017, Egypt's Coptic Christians were targeted by bomb blasts during services to celebrate Palm Sunday. Two blasts in the cities of Tanta and ..




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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 ...




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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 ...




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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 ...




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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.




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Japan Stocks shines on BOJ monetary policy easing

Total 32 issues of 33 industry category of Topix index were in positive territory, with Marine Transportation, Iron & Steel, Nonferrous Metals, Air Transportation, Electric Appliances, Real Estate, and Glass & Ceramics Products issues being notable gainers.




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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.




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Japan Stocks mixed on profit booking ahead of holidays

Total 17 issues of 33 industry category of Topix index were in positive territory, with Rubber Products, Air Transportation, Services, Electric Appliances, Precision Instruments, Securities & Commodities Futures, and Information & Communication issues being notable gainers, while Iron & Steel, Mining, Chemicals, Nonferrous Metals, and Land Transportation issues were notable losers.




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Australia Market falls on profit booking

Investors continue to struggle against positive news of lifting restrictions and re-opening the economy against what is expected to be the sharpest and most severe downturn since the great depression.




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Hong Kong Market extends gain

Among blue chips, index heavyweight Tencent (700 HK) rose 1% to HK$417.20, while Alibaba (9988 HK) slid 0.8% to HK$199. China Overseas Land & Investment (688 HK) jumped 3.5% to HK$27.90; Citic Pacific (267 HK) rose 2.7% to HK$7.98; and Mengniu Dairy (2319 HK), went up 2.5% to HK$28.70.




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Australia Market rises on strong inflation data

Investor confidence has been lifted as major countries and several US states reopen for business and central banks seem poised to inject more stimulus to offset the economic hit from the pandemic.




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China Stocks rise on lenders earnings update

The gains were driven by banking shares after China's big four lenders reported higher profits for the first quarter despite the impact of the pandemic.




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Hong Kong Market extends gain for third day

Powered by Capital Market - Live News




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Hong Kong Market closed for holiday

Asian market advanced on Thursday, 30 April 2020, on following U.S. shares advancing overnight on reports the antiviral drug remdesivir is showing promise as an effective COVID-19 treatment.




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US Stocks tumble on profit booking

U.S. officials are beginning to explore proposals for punishing or demanding financial compensation from China for its handling of the coronavirus pandemic. The move could splinter already strained relations between the two superpowers at a perilous moment for the global economy. Senior officials across multiple government agencies are expected to meet Thursday to begin mapping out a strategy for seeking retaliatory measures against China, as per reports. Officials in American intelligence agencies are also involved in the effort. President Trump has fumed to aides and others in recent days about China, blaming the country for withholding information about the virus, and has discussed enacting dramatic measures that would probably lead to retaliation by Beijing.




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US: Market extends gain on economy reopening hopes

U.S. stocks eked out a second consecutive day of gains as investors weighed a cloudy picture of the economy against U.S. businesses starting to slowly reopen after a period of stultifying coronavirus lockdowns.




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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.




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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.




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Hong Kong Market climbs 1%

The gains in Hong Kong share market were driven by reports that top US and Chinese trade representatives discussed their Phase 1 trade deal earlier in the day, with China saying it would work with Washington to improve the atmosphere for implementing the Phase 1 trade deal signed this year. The officials also agreed to "strengthen cooperation on macro economy and public health."




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Ujjivan Small Finance Bank IPO gets strong demand

Receives bids for 2053.80 crore shares




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Prince Pipes and Fittings IPO subscribed 28%

Receives bids for 55.57 lakh shares




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Prince Pipes and Fittings IPO subscribed 74%

Receives bids for 1.45 crore shares




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Prince Pipes and Fittings IPO subscribed 2.21 times

Receives bids for 4.37 crore shares




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SBI Cards IPO begins on strong note

Receives bids for 92,03,980 lakh shares by 11:45 IST




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Antony Waste Handling Cell IPO subscribed 9%

Receives bids for 4.29 lakh shares




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Antony Waste Handling Cell IPO subscribed 13%

Receives bids for 6.45 lakh shares




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Antony Waste Handling Cell IPO subscribed 50%

Receives bids for 24.08 lakh shares




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Antony Waste Handling Cell IPO extends IPO, revises price band

Gets bids for 24.08 lakh shares by 17:00 IST on 9 March 2020




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Antony Waste Handling Cell IPO subscribed 50%

Gets bids for 24.09 lakh shares by 17:00 IST on 11 March 2020




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Antony Waste Handling Cell IPO withdrawn

Antony Waste Handling Cell has decided to withdraw its initial public offering (IPO) on Monday, 16 March 2020, as it failed to secure enough subscription.




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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.




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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.




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Boomers, Gen Xers and Millennials: Catchall Groupings

Generational groupings are attractive to academics who want to measure social and cultural change. They’re coveted by marketers looking to capitalize on evolving consumer tastes. And they appeal to others seeking to exploit the perceived psyche of the different groups.




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BS Fund Cafe 2016: Create level-playing field for MFs

Top honchos of the mutual fund sector debunk the belief that current expense ratios are high, argue in favour of consolidation of schemes, and highlight the changing role of technology




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Understanding fund directory

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




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Direct plans gaining prominence

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




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BS jury: Picking the winners

The process of choosing the Fund Manager of the Year in the equity category wasn't as tough as it was for the debt category given a tightly contested race