b

States’ tax revenue slipped even before COVID-19 outbreak

Even though data for February is not yet available, in the first 10 months of FY20, Maharshtra reported just 3.8% growth in tax revenues while Tamil Nadu's tax receipts in the period grew by an even lower 1.5%.




b

Industries want suspension of most labour laws for 3 years

Earlier in the week, Uttar Pradesh promulgated an ordinance to exempt industries from various labour laws for three years to revive economic activities.




b

FY21 borrowing target raised by a massive 54%

Announcing the revised calendar, the government said all the auctions covered by the calendar will have the facility of non-competitive bidding scheme, under which 5% of the notified amount will be reserved for the specified retail investors.




b

FM Nirmala Sitharaman to meet PSB chiefs on Monday; to review credit flow, support to NBFCs

The meeting, to be held via video conference, will also dwell on credit disbursement since March, with the focus on Covid-19-related credit sanction and offtake.




b

Maiden round-the-clock renewable energy auction gets tariff of Rs 2.90/unit

Since renewable energy is unpredictable in nature, other sources of energy are required for balancing it, increasing the actual cost of such power, dissuading state-run power distribution companies from buying such electricity.




b

Analyst Corner: Jindal Steel & Power Rating ‘buy’ – Volume uptick in April beat sector trend

Company faring better than peers on operational front due to its focus on exports; lower costs to aid margin; ‘Buy’ maintained.




b

Job cuts, zero production activity due to lockdown: What the Centre must do now

A fully Keynesian approach will need to be taken by the government. People are losing jobs and production activity has come to a standstill due to the lockdown.




b

IBM AI – Watson’s role must be expanded to data analysis and forecasting trends

ICMR, at present, is only using Watson for backend reporting, but it also needs to deploy it for data analysis and forecasting trends.




b

Ease labour laws now: UP gets it right, but relaxation must become permanent

Just to have employment levels rise meaningfully—let alone goals such as playing host to companies moving out of China, or raising manufacturing’s share in the GDP to 25%—the Centre and the states must quickly ease labour laws.




b

Oil in turmoil: Need to ensure that our oil sector continues to contribute to national economy

Building the infrastructure for a low carbon future will require oil. While a long term decline for oil’s central place in energy use seems inevitable, we need to ensure that our oil sector continues to contribute to the national economy




b

Country’s wireless subscriber base sees marginal rise in January to 1,156 million

In terms of wireless broadband subscribers, Jio is on top with 376.57 million users, followed by Airtel with 142.34 million subscribers and Vodafone Idea with 117.93 users.




b

Pharma exports fail to meet FY20 target due to curbs

Drug formulations and biologicals, which contribute to almost 72% of exports, have shown 9.5% growth in FY20. However, export of bulk drugs and drug intermediates posted negative growth.




b

Bharat Biotech to lead monoclonal antibodies project for Covid-19 therapy

This project brings together National Centre for Cell Science (NCCS), Pune; Indian Institute of Technology, Indore, and Gurgaon-based PredOmix Technologies in a collaborative mode for a public health emergency.




b

Indian equities gain on strong global cues

The markets after witnessing strong volumes on Thursday rose on thin volumes on Friday with the F&O segment on the NSE witnessing a turnover of Rs 5.7 lakh crore against the six month average of Rs 14.2 lakh crore.




b

Flights from Riyadh, Bahrain carrying stranded Indians reach Kerala

The passengers were subjected to thermal test at the aerobridge itself before allowing them to undergo customs and immigration checks, Kozhikode airport sources said.




b

Income Tax Exemption: Donation to Shree Ram Janambhoomi Teertha Kshetra in Ayodhya to get 80G benefit!

The notification says that the Teerth Kshetra is a place of historic importance and a place of public worship of renown for taxation purposes.




b

Mukesh Ambani in no mood to rest; trying to get more investors for Jio, talks on with rich Saudi wealth fund

Saudi Arabia’s $320 billion sovereign wealth fund is exploring a potential investment in Reliance Industries Ltd.’s digital unit.




b

Time spent on smartphones rose 16% during April 25- May 1, 2020: BARC-Nielsen report

Social networking, gaming and education apps recorded the highest growth




b

Why Xiaomi didn’t talk about its software quirks during Mi 10 5G India launch

Why did Xiaomi not talk about one of Mi 10 5G’s biggest highlights at launch, or after? The reason is simple.




b

Entire family to be home-quarantined if one breaches seclusion rules

In Himachal around 90,000 persons returned home from other states on passes issued by state government in the past one week and another 20,000 plus are waiting to enter the state.




b

West Bengal govt not allowing trains with migrants to reach state; Shah writes to Mamata

Shah said migrant workers from West Bengal are also eager to reach home and the central government is also facilitating the train services.




b

Stranded in lockdown? Modi govt brings this change in residential status for tax purposes

The nationwide lockdown suspended the operation of international flights and such people were had to prolong their stay in India. They were concerned that the extra stay due to lockdown may make them a resident of India for tax purposes under section 6 of the Act.




b

Only severe COVID-19 patients to be tested before discharge: Union health ministry

At the time of discharge, patient will be advised to follow home isolation for further seen days as per the prescribed guidelines.




b

Google Duo users will soon be able to make ‘group’ video calls from their PC and laptops

Google Duo group video calling for web will arrive in the coming weeks starting as a preview on Chrome.




b

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to CBI

The Central Bureau of Investigation (CBI) did not carry out any searches in the matter because of the coronavirus-induced lockdown.




b

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

Michael Gewitz, Physician-in-Chief of Maria Fareri Children's Hospital, where the boy passed away, said the child suffered "serious neurological complications" from the pediatric multi-symptom inflammatory syndrome.




b

Thane BJP corporators refuse to contribute to COVID-19 fund

In a letter to the Mayor, BJP leader Sanjay Waghule alleged that there was no transparency in the civic body's COVID-19 relief activities.




b

ED attaches Rs 16.38 cr worth of Mumbai AJL asset; names Vora

It said the attached property is a 9-storey building in Mumbai having two basements and total built up area of 15,000 square metres.




b

Who is paying the railway ticket price for migrant workers? Delhi, Bihar ministers spar

After the central government has permitted the operation of special trains to take migrants back to their hometowns, a debate on who will bear the cost has been going on.




b

Vande Bharat Mission: Now a UV based luggage disinfector system from DRDO

The baggage undergoes a 180-degree vertical orientation change between 2 separate UV chambers which help in ensuring uniform radiation exposure all throughout the surface.




b

TDP chief urges PM Modi to set up scientific experts’ committee to probe Vizag gas leak incident

Following the gas leak incident, the National Green Tribunal ordered LG Polymers India to pay interim damages of Rs 50 crore and issued notices to the company, Central Pollution Control Board (CPCB), state and Centre.




b

SBI vs HDFC vs ICICI vs Axis Bank: Where to get cheapest home loan? Rates compared

The marginal cost lending rate cut by banks and finance companies is good news for home loan and car loan borrowers whose loans are linked to MCLR. With the rate cut, all loans including home loans, auto loans, personal loans, etc., tied to the MCLR will become cheaper.




b

Facebook now rolling out its biggest update for desktop users; here are all the features worth talking about

Social media giant Facebook is now rolling out its biggest update for desktop users, after first announcing it at its F8 developer conference last year.




b

What brought Franklin Templeton in SEBI’s crosshairs? Here’s why the fund house apologised

From wounding up six debt mutual fund schemes with an AUM of over Rs 30,000 crore, to dealing with the ire of investors, the fund house has been busy fire-fighting ever since the nationwide lockdown was announced.




b

Telangana police to rollout AI-based system to check face mask norm violations

The state government, which has made wearing a mask mandatory in public places, on Thursday issued orders imposing Rs 1,000 as fine for those not complying with it.




b

Good news on Coronavirus medicine! Study finds this antiviral drug combo promising against COVID-19

The researchers believe that a future phase 3 trial will confirm or refute the usefulness of this candidate drug as a backbone treatment for COVID-19.




b

Operation Samudra Setu: Two Indian Navy ships head to the UAE; INS Jalashwa sails back

Around 2,000 Indians will be evacuated from the island nation. And for this purpose two Ships of the navy – INS Jalshwa and INS Magar are being used.




b

Totally healthy: Amit Shah rubbishes rumours on his health, says he is not suffering from any disease

Home Minister Amit Shah has said he is totally healthy and not suffering from any disease.




b

COVID-19 lockdown: Delayed academic plans and uncertainty-anxiety grips CBSE class 12 students

The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well.




b

ICICI Bank Q4 profit jumps 26% to Rs 1,221 crore; announces Rs 25,000 crore fundraising plan

Private sector lender ICICI Bank reported a 26% on-year jump in standalone profit for the quarter ended March 31. The bank saw total income in the March quarter surge by Rs 2,500 from the previous year.




b

CBSE Class 10, 12 board evaluation begins! Teachers to be provided answer sheets at home

The evaluation of the answer sheets has been delayed due to a nationwide lockdown imposed to contain the coronavirus outbreak.




b

Gujarat: Four held for spreading rumour about Amit Shah’s health

Four persons were detained by Ahmedabad police on Saturday for allegedly spreading misinformation about Union Home Minister Amit Shah's health by creating a fake Twitter account in his name.




b

Glucon-D and Tonic Worldwide launch #EnergyGharKi campaign to celebrate mothers

The campaign applauds mothers for their unwavering energy at all hours of the day




b

After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21

The country's largest domestic airlines had on Friday announced pay cut ranging between 5 and 25 per cent, in addition to its leave-without-pay programme for May, June and July, for senior employees.




b

Asus celebrates Mother’s Day with #LikeMotherLikeAsus campaign

The campaign highlights the consistent productivity of mothers to adorn multiple hats




b

ICMR teams up with Bharat Biotech to develop COVID-19 vaccine

The death toll due to COVID-19 rose to 1,981 and the number of cases climbed to 59,662 in the country on Saturday, the Health Ministry said.




b

Watch Your Back: Improve Your Security Posture and Reduce the Risk of Attack

There are a number of best practices that can work to improve your organization’s security posture. Following these will help you put the right defenses in place, and become the building blocks of a solid plan to ensure you react to a breach.




b

Catching Cybercriminals Exploiting the Pandemic Follow Up

Read additional insights from The DomainTools Security Research Team's recent presentation on CovidLock including results from participant polls and supplemental Q&A.




b

What is a Cyber Incident Response Plan?

In part 1 of this 3-part blog series, we’ll delve into Cyber Incident Response Planning and how to address and manage the repercussions of a cyberattack or incident.




b

Keep your IR on the Ball

Even with the myriad of security tools we have at our disposal today, cybercriminals are still able to penetrate our networks. Is it really necessary to have a Cyber Incident Response Plan in place?