d IIT-M incubated start-up develops ‘Smart Bin System’ to prevent spread of coronavirus By www.financialexpress.com Published On :: 2020-04-28T08:45:00+05:30 In the case of Covid-19, hazardous waste is being generated in hospitals, quarantine zones or red zone areas within cities. They are potential sources of Covid-19 and can cause further spread within the locality. Full Article Industry SME
d RBI continues secondary market OMO purchases in third week of April By www.financialexpress.com Published On :: 2020-04-29T00:01:00+05:30 Although there is no concrete proof, experts believe a large chunk of this is likely to be T-Bill purchases by the RBI from the secondary market. Full Article Economy
d Kerala govt’s move to deduct salary of employees in wake of COVID-19 put on hold by HC By www.financialexpress.com Published On :: 2020-04-29T02:30:00+05:30 The state government, in its order, said that the employees' salary for six days every month would be deducted for the next five months. Full Article Economy
d Andhra Pradesh government to set up digital kiosks for farmers By www.financialexpress.com Published On :: 2020-04-29T12:10:00+05:30 Besides, the state government will create new bank accounts for some 56 lakh farmers and issue 1.12 crore credit/debit cards to them by the next kharif season to enable them to avail crop loans and other government benefits. Full Article Economy
d Nature and spirit of international trade would depart from standard rule post COVID-19 By www.financialexpress.com Published On :: 2020-04-30T00:10:00+05:30 India has firmly established itself as a net steel exporter in FY20 with total steel exports at 11.183 MT (31 % growth over last year) exceeding the total steel imports at 7.164 MT by 4.02 MT. Full Article Economy
d Farm sector to grow at a decent 3% in FY21: Niti Aayog By www.financialexpress.com Published On :: 2020-04-30T03:20:00+05:30 Agriculture minister Tomar says Rs 18-k cr disbursed under PM-Kisan since lockdown began, to raise share of agriculture-related works under MNREGA to 77% in FY21 from 66% in FY20. Full Article Economy
d Govt task force lays out Rs 111-lakh-crore infra investment road map By www.financialexpress.com Published On :: 2020-04-30T05:01:00+05:30 The task force under economic affairs secretary Atanu Chakraborty submitted its final report on the “national infrastructure pipeline” (NIP) to finance minister Nirmala Sitharaman. Full Article Economy
d Supreme Court asks RBI to examine if EMI moratorium is being passed on By www.financialexpress.com Published On :: 2020-05-01T02:15:00+05:30 However, the Bench refused to interfere in the matter after the petitioners informed the judges that they were not personally affected and had filed the PILs in public interest. Full Article Economy
d Covid impact: Crisil expects gross NPAs to rise by 150-200 basis points this fiscal By www.financialexpress.com Published On :: 2020-05-01T03:55:00+05:30 Crisil expects GNPAs for the financial year 2020 to remain at 9.5%. Considering the Covid-19 impact, Crisil has projected GNPAs in the range of 11-11.5% for the financial year 2021. Full Article Economy
d Lockdown effect: Sugar output till April 30 dips 20%, mills sign more export contracts By www.financialexpress.com Published On :: 2020-05-02T02:20:00+05:30 Mills in Uttar Pradesh have produced 11.65 MT as on April 30, 2020, which is 3.72 lakh tonne higher than what was produced a year ago. Of 119 mills operated this year, 44 mills have ended their crushing. As many as 75 mills are operating as against 68 mills last year till April 30. Full Article Industry
d PM Modi tells ministries: Ensure farm credit is easy, review Essential Commodities Act By www.financialexpress.com Published On :: 2020-05-03T06:01:00+05:30 The prime minister is said to have suggested exploring possibility of creating commodity specific Board or Council so that cluster/contract farming takes place as that will help increase agricultural exports from the country. Full Article Economy
d Supply crisis looms as arrival of vegetables, fruits down sharply at Delhi’s Azadpur mandi By www.financialexpress.com Published On :: 2020-05-04T00:30:00+05:30 Delhi’s Azadpur mandi, the country’s largest market yard for these items, saw arrivals of onion, tomato and potato drop by 14-31% during April 16-30 from the previous fortnight. Full Article Economy
d Lockdown effect: States’ tax receipts shrink nearly 80% in April, May could be worse By www.financialexpress.com Published On :: 2020-05-04T00:40:00+05:30 State governments seem to have collected the lowest-ever inflation-adjusted monthly tax revenue in April. Full Article Economy
d Odisha may slash Kalia aid, merge scheme with PM-Kisan By www.financialexpress.com Published On :: 2020-05-04T01:20:00+05:30 The Odisha government’s direct benefit transfer (DBT) scheme for farmers, Kalia, which was announced a few months before the Assembly elections last year, may be curtailed and subsumed in the PM-Kisan scheme run by the Centre. Full Article Economy
d PM Modi holds key meeting with Amit Shah, Nirmala Sitharaman on steps for financial sector By www.financialexpress.com Published On :: 2020-05-04T05:45:00+05:30 Prime Minister Narendra Modi held a crucial meeting with home minister Amit Shah and finance minister Nirmala Sitharaman to firm up strategies for the financial sector in the aftermath of the Covid-19 outbreak. Full Article Economy
d Covid lockdown effect: Banks, NBFCs urge RBI to extend moratorium by another three months By www.financialexpress.com Published On :: 2020-05-05T01:40:00+05:30 With the countrywide lockdown set to continue for two more weeks, banks have urged the Reserve Bank of India (RBI) to extend the three-month moratorium on loans by another three months beyond May 31. Full Article Economy
d Audit files to be opened for scrutiny for greater accountability By www.financialexpress.com Published On :: 2020-05-05T02:10:00+05:30 The National Financial Reporting Authority (NFRA) has floated draft procedures for submission of audit logs to the regulator by audit companies and chartered accountants (CAs). Full Article Economy Industry
d MFIs see demand picking up soon due to emergency loan requirement, kharif cultivation By www.financialexpress.com Published On :: 2020-05-05T02:20:00+05:30 Microfinance institutions (MFIs) believe the industry will bounce back in no time as they see demand for microcredit rising soon because of emergency loan requirements of their customers to restart businesses. Full Article Economy
d Tax collections to decline further in May, state’s fiscal deficit may touch 4% in FY21: Sushil Modi By www.financialexpress.com Published On :: 2020-05-05T03:15:00+05:30 The revenue situation will only get worse next month as the lockdown in the whole of April would be reflected in collections in May, said Bihar Deputy CM Sushil Kumar Modi. Full Article Economy
d Covid blues: Manufacturing PMI sees record slide in April By www.financialexpress.com Published On :: 2020-05-05T04:40:00+05:30 Indian manufacturing saw its worst contraction in April, as a nation-wide lock-down hit fresh orders and businesses cut staff at a record pace. Full Article Economy
d MSME package: Loan guarantee, fund to clear dues to small units soon By www.financialexpress.com Published On :: 2020-05-05T05:30:00+05:30 The government is considering a raft of relief measures, including setting up a Rs one lakh crore fund to expedite clearances of dues owed to MSMEs, guarantee on the enhanced limit of loans (up to 20%) and a mechanism to help them pay salaries to their employees. Full Article Economy
d Highway projects: Infrastructure panel wants HAM curtailed, favours BOT model; here’s why By www.financialexpress.com Published On :: 2020-05-05T14:38:00+05:30 The Hybrid Annuity Model (HAM) for highway projects that insulates private developers from virtually any commercial risks, is putting stress on the highly-leveraged balance sheet of the National Highways Authority of India (NHAI), and should therefore be ‘downplayed’. Full Article Infrastructure Roadways
d Pre-GST CENVAT credit available till June-end revised By www.financialexpress.com Published On :: 2020-05-06T02:45:00+05:30 The Delhi High Court on Tuesday allowed taxpayers registered under Goods and Services Tax (GST) to claim accumulated CENVAT credit from pre-GST regime till June 30, 2020, and noted that the benefit of transitional credit will be applicable for three years (since launch of GST on July 1, 2017) which is the period mentioned in the limitation Act. Full Article Economy Industry
d COVID-19 crisis: Nobel laureate Abhijit Banerjee for large fiscal stimulus, cash transfer to poor By www.financialexpress.com Published On :: 2020-05-06T03:00:00+05:30 Nobel laureate Abhijit Banerjee has recommended that India offer cash to the poorest 60% of its population and waive off loan repayments for small businesses in the June quarter, as he pitches for a large enough fiscal package to stimulate demand in the economy ravaged by the novel coronavirus crisis. Full Article Economy
d Coronavirus lockdown 3.0: States up taxes on auto fuels, liquor for income By www.financialexpress.com Published On :: 2020-05-06T03:30:00+05:30 At least 13 states hike VAT on petrol/diesel since mid-March, many make liquor costlier with new imposts. Full Article Economy
d Resumption post-Coronavirus lockdown: DMs hold the key to firms opening plant, office lock By www.financialexpress.com Published On :: 2020-05-06T04:15:00+05:30 Companies need to seek permission from the local administration – the office of the district magistrate – by submitting a host of information. Apart from the process being tedious and time-consuming, the final decision rests at DM's discretion. Full Article Economy
d Delhi hikes VAT on petrol, diesel — check new rates By www.financialexpress.com Published On :: 2020-05-06T05:01:00+05:30 Diesel prices in Delhi went up to Rs 69.39 per litre on Tuesday, a surge of Rs 7.10 per litres, as the state government increased the value added tax (VAT) on diesel from 17% to 30%. Full Article Economy
d Co-operative banks can invoke SARFAESI Act, seize and sell defaulters’ assets to recover dues, says SC By www.financialexpress.com Published On :: 2020-05-06T08:24:00+05:30 The SARFAESI Act, which is now rarely being used after the Insolvency and Bankruptcy Code has come into existence since 2016, allows banks to seize, take control, manage and sell assets of defaulting borrowers without the intervention of any court/tribunal and also ensures speedy recovery. Full Article Economy
d GSTN allows inter-head cash transfer for taxpayers; resolves cash flow issues By www.financialexpress.com Published On :: 2020-05-06T08:58:00+05:30 GSTN added that a taxpayer can now transfer the amount available in an electronic cash ledger from one major head to another major head, keeping the minor head the same. Full Article Economy
d No Aarogya Setu app on mobile punishable act in Noida: Police By www.financialexpress.com Published On :: 2020-05-06T15:02:00+05:30 The section can attract a fine of Rs 1,000 or imprisonment up to six months. Full Article India
d Tamil Nadu hikes liquor prices by up to Rs 20, Tasmac shops to open today By www.financialexpress.com Published On :: 2020-05-07T00:01:00+05:30 The Tamil Nadu government has decided to hike prices of liquor by up to Rs 20, as it is readying itself to open liquor outlets on Thursday. Full Article Industry
d COVID cess on liquor: Kerala may go Delhi way By www.financialexpress.com Published On :: 2020-05-07T02:20:00+05:30 Following the devastating flood in 2018, the state had collected a flood cess which had fetched Rs 308.68 crore to the state exchequer. Full Article Economy
d Procedural relief to GST payers, but experts say no substitute for financial package By www.financialexpress.com Published On :: 2020-05-07T07:20:00+05:30 The e-way bill generated on or before March 24 and expiring during the March 20-April 15 period would now be valid till May 31. Full Article Economy
d Lower power tariff can boost Make in India after corona crisis By www.financialexpress.com Published On :: 2020-05-08T01:15:00+05:30 "It is the time to review the policy of cross subsidisation of power as this plays a part in making our industries non-competitive,” former finance secretary Subhash Chandra Garg said at an online panel discussion on the power sector. Full Article Economy
d Indian spinners stare at $3-billion loss in FY21: Icra By www.financialexpress.com Published On :: 2020-05-08T04:01:00+05:30 As the lockdown in China was lifted from the beginning of April 2020 onwards, spinners there have been scaling up operations. Full Article Industry
d Refunds for garments exporters: Govt clears Rs 3,000-crore pending claims, more to follow By www.financialexpress.com Published On :: 2020-05-08T05:50:00+05:30 In an office memorandum dated April 30, reviewed by FE, the revenue department has said it has approved the release of the RoSL benefits, which will, however, be in the form of scrips, instead of cash. Full Article Economy
d Italian ‘Arte Povera’ art critic Germano Celant dies By www.dailystar.com.lb Published On :: 2020-05-01T01:28:00.0000000 Through key exhibitions and texts, Celant was an influential proponent of the work of young Italian artists in Turin, Milan, Genoa and Rome, working with natural materials and elements such as dirt, sticks or rags who were seeking to challenge the commercial art scene at the time Full Article People
d Algerian singer Idir, a Berber icon, has died in Paris By www.dailystar.com.lb Published On :: 2020-05-03T17:23:00.0000000 Born in Ait Lahcene, near the Kabylie capital of Tizi Ouzou, then part of French Algeria, he studied to be a geologist, but his life took a turn in 1973 when he was called up as a last-minute replacement on the radio to sing the Berber lullaby 'A Vava Inouva.' Full Article People
d Hollywood artist tutors Arabic-speaking kids during pandemic By www.dailystar.com.lb Published On :: 2020-05-03T23:21:00.0000000 There's not nearly enough original Arabic-language content online to keep young Arab kids entertained, so Syrian-born animation artist Reem Ali Adeeb and her sister Sandi set up Susupreemo, a YouTube channel designed to help Arabic-speaking kids weather the coronavirus lockdown through basic tutorials on drawing and such Full Article Culture
d Coverage of Kashmir crackdown, Alaska policing, win Pulitzers By www.dailystar.com.lb Published On :: 2020-05-05T04:10:00.0000000 The New Yorker took the feature reporting prize for Ben Taub’s piece on a detainee at the U.S. military base at Guantanamo Bay, Cuba, with judges saying the story offered 'a nuanced perspective on America’s wider war on terror.' Full Article Culture
d Colson Whitehead’s ‘The Nickel Boys’ wins Pulitzer Prize By www.dailystar.com.lb Published On :: 2020-05-05T11:57:00.0000000 Several of the works honored in the arts explored race in American culture, including the music winner, Anthony Davis’ opera The Central Park Five. It tells of the wrongful conviction of five black and Latino teenagers for the 1989 assault on a white female jogger in Central Park. Five adult singers depicted the group as boys and men in Davis’ opera Full Article Culture
d Locked out of galleries, Londoners find Caravaggio street art By www.dailystar.com.lb Published On :: 2020-05-06T00:04:00.0000000 The Italian baroque master’s 'Supper at Emmaus' is usually exhibited at London's National Gallery but, with that shut, Stanhope’s giant interpretation is now on show in Ladywell, southeast London Full Article Culture
d Finding the spirit of clowning, in confinement By www.dailystar.com.lb Published On :: 2020-05-06T10:13:00.0000000 Clown Me In co-founder Sabine Choucair discusses the group’s new online workshop series, each Friday, ‘Happy Half-Hour’ Full Article Culture
d Met Opera Mezzo Rosalind Elias dies at 90 By www.dailystar.com.lb Published On :: 2020-05-06T11:14:00.0000000 Born in Lowell, Massachusetts, on March 13, 1930, Elias was the youngest of 13 brothers and sisters whose parents had migrated to the U.S. from the region later called the Republic of Lebanon Full Article People
d Kraftwerk founder Florian Schneider dies aged 73 By www.dailystar.com.lb Published On :: 2020-05-06T22:16:00.0000000 Schneider and collaborator Ralf Hutter combined the German language lyrics with synthesisers and drum machines to create 'krautrock,' which won Kraftwerk a legion of musician fans, including David Bowie, Madonna, Daft Punk and Kanye West Full Article People
d ‘Bailing out the Titanic’ - French arts struggle amid coronavirus By www.dailystar.com.lb Published On :: 2020-05-07T21:29:00.0000000 With the entertainment industry shut down by the virus, President Emmanuel Macron pledged to extend aid for out-of-work actors and performers until next year, and to set up a fund to help the paralysed film industry Full Article Culture
d Over 100 arrests in global crackdown on artefacts trade By www.dailystar.com.lb Published On :: 2020-05-07T22:00:00.0000000 'Organised crime has many faces. The trafficking of cultural goods is one of them. It is not a glamorous business run by flamboyant gentlemen forgers, but by international criminal networks' Full Article Culture
d Virus tributes unite walls dividing Belfast By www.dailystar.com.lb Published On :: 2020-05-08T14:16:00.0000000 Since 1998, Northern Ireland's murals have shifted from glorifying gunmen towards depictions of happy times. The tributes to frontline healthcare workers could be a similar sign old wounds are healing Full Article Culture
d Blind luck, red wine: Famed war photographer beats virus at 97 By www.dailystar.com.lb Published On :: 2020-05-09T01:27:00.0000000 Celebrated wartime and celebrity photographer Tony Vaccaro, now 97, is getting over a bout with COVID-19. He attributes his longevity to 'blind luck, red wine' and grit Full Article People
d Little Richard, flamboyant rock ‘n’ roll pioneer, dead at 87 By www.dailystar.com.lb Published On :: 2020-05-09T18:51:00.0000000 Little Richard, the self-proclaimed 'architect of rock ‘n’ roll' whose piercing wail, pounding piano and towering pompadour irrevocably altered popular music while introducing black R&B to white America, has died Saturday. He was 87 Full Article People