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Book Review: Simplifying Corona – A timely book that satisfies curiosity of children about pandemic

A timely book that explains the pandemic to children, helping satisfy their curiosity about it.




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Power play: Role gender plays in society, especially politics

With rumours that Kim Yo-jong might take over the leadership of North Korea after Kim Jong-un, we take a look at the role gender plays in society, especially politics.




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The book of life: Meet these contemporary writers who are helping reshape little minds

From gender equality and adoption to mental health and sustainability, authors today are training the spotlight on many sensitive topics.




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Let’s hear a story: Children’s books have undergone a huge transformation

Children’s books have undergone a huge transformation. The latest rage are audiobooks, ensuring there’s a grandma for every kid yearning for a bedtime story.




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Teen reading: List of book titles recommended by Sahitya Akademi Bal Sahitya Puruskar-winner Paro Anand

We bring to you a list of book titles recommended by Sahitya Akademi Bal Sahitya Puruskar-winner Paro Anand.




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Draft Electricity (Amendment) Bill 2020: Proposals brighten outlook for sector

While the Draft Bill which seeks to increase private participation and address key issues has been welcomed by industry, more clarity is needed on some of its provisions.




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Eavesdropper: The games we play

Fortnite's metaverse event gives a glimpse of a world beyond gaming.




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Techsplained@FE: Low on energy, high on performance

While the technology will not be as effective as a GSPS tracing, it would undoubtedly save battery as the power consumption of GPS is much higher than Bluetooth.




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Cybercrime in the time of Covid — what firms need to do for security

“Ever since the outbreak, we have observed increased volumes of phishing attacks as well as a number of malicious websites purporting to offer information or advice about the pandemic,” says Venugopal N, director, software engineering, Check Point Software Technologies.




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Covid outbreak: Kerala elderly to go on reverse quarantine as over 4 lakh NRIs return

Kerala has decided to send people aged above 65 years on reverse quarantine during lockdown 3.0 as the magnitude of reverse migration to the state seems larger than what was anticipated.




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Staying safe at work: Balancing remote working needs with security

Attackers are pivoting their existing infrastructure for the distribution of ransomware, phishing emails, and other malware, leveraging COVID-19 keywords that get us to click on links or open emails.




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Online database to depict fish landing centres’ proximity to COVID hotspots in Kerala launched

The Central Marine Fisheries Research Institute (CMFRI) has launched an online GIS based database depicting the proximity of fish landing centres to Covid-19 hotspots in Kerala.




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NHAI defers plan to generate funds by leasing off its assets

The National Highways Authority of India (NHAI) has put its plan to monetise operational publicly-funded highway projects on hold for two months, given that investors might not commit long-term investments at this juncture, due to uncertainty over toll collections.




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Nasdaq, the envy of markets! Nasdaq composite erases 2020 losses as big earnings drive gains

While big tech has shouldered the load, the Nasdaq Composite is also home to 700 health-care and biotechnology companies that have stoked investor interest as they search for ways to treat the coronavirus.




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Still hiring! Walmart, other superstores buck U.S. employment trend

Amid the carnage of the U.S. employment report for April was one bright spot: superstores led by Walmart Inc, added more than 90,000 jobs.




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SBI Card Q4 profit slides 66% y-o-y as impairment losses soar

The total balance sheet size as on March 31, 2020 was Rs 25,303 crore, up 25.6% from Rs 20,146 crore on March 31, 2019.




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Power demand falls 22.6% in April, steepest plunge in recent history

Electricity consumption in Uttar Pradesh declined by 20.3% in April while Rajasthan recorded an annual fall of 21.3% in the same month.




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DHFL resolution: CoC to meet on May 12 to discuss COVID-19 impact

Lenders will get an update on the progress of transaction audit report by Grant Thornton on May 12, as per the agenda of the meeting.




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Hike MSP, levy cess on sugar: NITI task force

The report of the panel on sugarcane and sugar industry, headed by NITI Aayog member Ramesh Chand, was submitted on April 21.




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Cadila Pharma shuts operations at Ahmedabad plant after employees test Covid-19 positive

The company manufactures 38 APIs and intermediates across various therapeutic categories — respiratory, diabetology, gastroenterology, pain management, orthopedics, etc. The company has more than 850 formulation products.




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IndiGo to implement wider pay cuts, send some staff on leave without pay

While senior-vice presidents and above would have 20% of their pay slashed, vice-presidents and cockpit crew would take a 15% cut.




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Non-food credit growth slips to 6.67% y-o-y amid COVID-19 crisis

Meanwhile, deposit growth in the banking system rose to 9.83%, falling marginally compared to the previous fortnight.




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Vista Equity Partners to invest Rs 11,367 crore in Jio Platforms

The rise in Jio’s ARPU (average revenue per user) during Q4FY20 was lacklustre, analysts said despite the fairly sharp 14-53% hike in tariffs in early December.




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Vashi APMC to remain shut from May 11-17 due to rising COVID-19 cases

APMC administration and NMMC will carry out disinfection of the market premises and conduct tests. The market will remain open on this Saturday and Sunday.




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Net inflows into equity MFs halve in April compared to March, as investors turn cautious

Industry experts say that lump-sum investments have stopped and even some investors are stopping their SIPs, due to the unpredictable equity markets.




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Sovereign rating: Moody’s warn of India downgrade, pegs FY21 growth at 0%

Separately, in a report released on Friday, S&P said it expected the banking systems of Indonesia and India to be among the worst hit in the Asia-Pacific region.




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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.




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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.




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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.




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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.




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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.




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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.




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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.




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Fiscal slip up 2 ppt, need to structure package carefully

A Rs 4 lakh crore extra borrowing acknowledges huge fiscal slippage; raise loan-guarantee component in package.




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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




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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.




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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.




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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.




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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.




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Five more test positive for COVID-19, total tally in Assam reaches 58

GMCH has been closed for new patients and 386 people, including its Superintendent Dr R Talukdar, doctors, students and several grade three and four workers, have been quarantined.




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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.




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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.




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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




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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.




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Record single-day spike of 21 cases push Jharkhand COVID-19 tally to 153

Since the outbreak of the pandemic on March 31 in the state, two persons have died of the infection while one COVID-19 patient died due to underlying health condition after testing negative.




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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.




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COVID-19 recovery: Govt issues new guidelines for discharging patients; check details

The Ministry of Health and Family Welfare has come up with some revised guidelines for discharging patients from healthcare facilities.




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Share markets fall over 5% in first week of May; here’s what moved D-Street and what to expect ahead

Domestic benchmark indices were in for a bumpy ride this week with many ups and down along the way. Starting the week equity markets tanked and lost 80% of the gains made in the previous week as investors lost Rs 5.8 lakh crore.




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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.




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Why do migrant workers who left for their homes want to return to Haryana?

Amidst Coronavirus breakdown, a reverse trend of people wanting to get back to work has been noticed in Haryana.