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India vs New Zealand, Second Test: Kiwis thrash Virat Kohli’s men inside three days, win series 2-0

New Zealand chased down a modest victory target of 132 in just 36 overs after India's second innings folded for 124 in less than an hour on the third day.




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Teen sensation Shafali Verma rises to top in ICC women’s T20 rankings

The 16-year-old Verma takes over from New Zealand's Suzie Bates, who had been the top batter since October 2018 after wresting the spot from West Indies captain Stafanie Taylor.




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Sunil Joshi named new selection committee chairman by BCCI, Harvinder Singh also in panel

The CAC, comprising Madan Lal, R P Singh and Sulakshana Naik, picked the two selectors with Joshi replacing South Zone representative MSK Prasad.




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Curtailed IPL is one among seven options discussed at owners’ meeting: BCCI source

The BCCI on Friday suspended the IPL from March 29 to April 15 and also called off the ODI series against South Africa.




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One of Indian football’s greatest, PK Banerjee dies at 83

A member of the holy trinity, that also included Chuni Goswami and Tulsidas Balaram, Banerjee was the last surviving scorer of the 1962 Asiad gold-winning team.




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Former Chelsea, England goalkeeper Peter Bonetti dies at 78

Nicknamed 'The Cat' because of his agility, Bonetti was a mainstay of the west London side for close on 20 years through the 1960s and 1970s.




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Babita Phogat joins Delhi police team to prepare meals for the needy

Wrestler-turned-politician Babita Phogat on Tuesday helped police personnel here in preparing meals for the needy amid the ongoing lockdown, officials said.




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Sport in empty stadiums will be disappointing, feels Sachin Tendulkar

Spectators are integral to any sport. Their encouragement, vociferous chants for or against you is a necessity in sport, said the batting icon, who turns 47 on Friday, April 24.




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MS Dhoni’s advice helped immensely, says Kuldeep Yadav; recalls Anil Kumble’s ‘challenge’ to him on Test debut

The young spinner, who now has made a mark for himself in the international arena, said that he no longer remembers what Sivaramakrishnan had said to him as his mind was blank at that stage.




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Kuldeep Yadav bats for MS Dhoni in ICC World T20 squad, says his presence ‘will make it easier for India’

The ongoing Coronavirus crisis across the world and a prolonged lockdown in India has halted MS Dhoni’s planned comeback to competitive cricket. He had joined the training camp with his IPL franchise team Chennai Super Kings but the initial delays in the start of IPL until April 15 and then for an indefinite period stopped him to press on for a place in the Indian squad.




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Coronavirus: Himachal Pradesh closes govt-run temples over COVID-19; advises devotees to go for online darshan

There will be no darshans in all the government-controlled temples in Himachal Pradesh in view of the possibility of people getting infected with the coronavirus in gatherings, the state government said in a statement.




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Coronavirus: How clean is the plane you are travelling in? Airlines asked to deep clean aircraft every 24 hours

DGCA has also asked carriers to procure at least one universal precaution kit on every plane to be worn by crew members handling suspected positive cases of the Coronavirus.




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Coronavirus scare: Puri’s Shree Jagannath temple closed; rituals inside temple to continue

As part of the precautionary measures, the district administration has advised tourists to vacate hotels IN two days and refrain from visiting Puri for now.




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Coronavirus outbreak: No landing of international flights for a week starting Sunday

Most of the states and Union territories also imposed fresh restrictions on public transport and gatherings. In Delhi, chief minister Arvind Kejriwal announced the closure of restaurants, but takeaway outlets will remain open.




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COVID-19 lockdown: Funny banter between IndiGo, Vistara, AirAsia send Twitterati into a tizzy

After not being able to fly during the nationwide lockdown, Airline companies entertain Twitteratis with an interesting word play on Twitter.




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Coronavirus lockdown: Airlines to not issue refunds for cancelled tickets, to offer free rescheduling instead; check terms

The airlines have said that they will not refund the money back for cancelled tickets and customers can get their tickets scheduled for the next available date.




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Badrinath reopening: Desist from any change in rituals, Jyotish Peetham head advises Utarakhand CM

This comes in the backdrop of the Uttarakhand government contemplating a change in the traditions of the opening of the famed Himalayan temples. 




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UP seer demands opening of Badrinath shrine on scheduled date

A seer in Uttar Pradesh's Mathura city on Saturday demanded that the Uttarakhand government revoke its decision of postponing the opening of the Badrinath shrine and said "changing the auspicious date means inviting wrath of the deity".




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Coronavirus Lockdown extended by two weeks! MHA guidelines on flight operations; check details

Coronavirus Lockdown: The third round of lockdown has come with detailed rules for green, orange and red zones and has allowed some services to open in each zone with specific guidelines.




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Sky is so clear that villagers in Bihar can see Mount Everest! Image from Sitamarhi goes viral

Lockdown in India has brought some positive environmental news from clean rivers to clean air at many places. Pollution has declined drastically and as a result, people are able to see distant things.




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COVID-19: NRIs return to Kerala! Here’s how Kerala is facilitating their quarantine; see pics

The purpose is to ensure that they are isolated from others and stay safe before they are cleared by the concerned medical authorities to go back to their homes.




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Marketing a Smoke-Free Future

Philip Morris International became the world's leading tobacco brand by selling...well, cigarettes. Now it's planning on a smoke-free future




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Barack Obama to seek tax increases for wealthiest to help middle class

The tax proposals would face opposition from the Republican-controlled Congress. Its lawmakers argue that tax hike would hamper economic growth at a time the country cannot afford it




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Fed’s solid growth view for US faces test amid Greek change

The Federal Reserve’s upgraded view that growth in the world's biggest economy is “solid”...




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Telecom giant BT to buy UK’s wireless carrier EE for $19 bn

To issue $1.5 bn in new shares to help finance deal




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How Japan borrows $9 trn practically for free

Low inflation rate and slow growth help




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Jon Stewart will be leaving ‘The Daily Show’ on a career high note

Jon Stewart, who turned Comedy Central’s “The Daily Show” into a sharp-edged commentary on current events...




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Greece, euro zone fail to reach bailout deal

Finance ministers to meet on Monday again to find a solution




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Twitter sees plenty of money in tweet flow

To Dick Costolo, there’s gold in them thar tweets, and Twitter has just begun to mine it.




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An uneasy relationship between telecom & technology

For the next four days, a sprawling conference centre here will become the global hub for the telecommunications and technology industries.




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Deep sea secrets: Countries claim obscure and difficult-to-reach tracts of the deep-sea world

The ocean has deep secrets. It is a world as vibrant as the one outside. There is a unique ecology that defies common knowledge and often perplexes scientists. This barely-explored territory is also believed to hold vast quantities of precious metals and minerals that can sustain the modern world for centuries. So it is not […]




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Diwali dhamaka! Amazon offers free shipping on all orders for the holidays

Amazon.com said on Monday it would offer free shipping with no purchase minimum for the first time this holiday season, heating up the competition with Walmart and other rivals vying for customers’ Christmas shopping sprees.




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Trade meeting result: US to take U-turn on car tariffs for now

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter.




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Chip stock carnage seeps into Asia with $11-bn loss

The chipmaking sector saw another bout of selling in Asia, wiping at least $11.2 billion in market value, as weak forecasts from Nvidia and Applied Materials added to the latest signals that demand for servers, personal computers and mobile is falling.




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Deutsche Bank raid pulls CEO deeper into vicious dircle

Deutsche Bank chief executive officer Christian Sewing was there to give the annual pep talk to his top executives.




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Amazon’s deep bench calms investors amid Jeff Bezos scandal, NYC rift

It’s been a rough few weeks for the world’s wealthiest man.




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Moody’s takes rating action on three NBFCs

The data from Bloomberg show that total borrowings (short term and long term) of Muthoot Finance were Rs 29,346.4 crore as of FY19.




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‘Bandhan Bank does not foresee much hiccups in microfinance collections once lockdown lifted’

Loans and advances grew 60% year-on-year during 2019-20, from Rs 44,776 crore in March 31, 2019. Its total deposits grew 32% y-o-y to Rs 57,073 crore during the fiscal ended March, 2020. The bank had total deposits of Rs 43,232 crore as at end of March 2019.




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Will discuss distressed assets fund for realty with SBI: HDFC Chairman Deepak Parekh

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.




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DCB Bank sees significant jump in foreign remittance services on coronavirus pandemic

"Since March 15, our volumes on outward remittance services have increased many fold. There is a significant difference in before-and-after demand since mid of March," said Praveen Kutty, Head of Retail and SME Banking, DCB Bank without quantifying the increase in demand.




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TARP or bad bank needed to help NBFCs, MFIs: Experts

Ananth Narayan, professor-finance at SPJIMR, believes that while TLTRO 2.0 is welcome, it does not address the core issue.




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Microfinance industry hopes IBA meet to lead to ‘in-principle decision’ on loan moratorium to MFIs

Notably, following RBI's announcement on allowing a moratorium on term loans for March 1 to May 31, most of the MFIs have extended a moratorium to their borrowers till May 31.




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Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses. 




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Kotak Mahindra Bank board to consider fundraising proposal this week

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.




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Yes Bank scam: Wadhawan brothers seek protection from arrest

The Wadhawan brothers are accused in the YES Bank-DHFL fraud cases. The DHFL (Dewan Housing Finance Limited) group has a loan amount of about Rs 3,700 crore taken from Yes Bank that is under "stress".




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Sidbi seeks bank, NBFC applications for availing RBI’s special liquidity facility

The tenor of Sidbi’s lending to financial institutions will be 90 days. MSMEs have been cash-starved for a few years and the lockdown to control the spread of Covid-19 is a body blow to their revenues.




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Three private banks pare Yes Bank stake within 2 weeks of investing

The other financial institutions who had come to Yes Bank’s rescue in May continue to hold on to their stakes, with State Bank of India (SBI) holding a 48.21% share.




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NBFCs, MFIs to see Rs 50-60k cr funding gap on lack of moratorium: Report

With the first targeted long-term repo operations (TLTRO) 2.0 failing fresh funding or refinancing to the sector from this route is unlikely to exceed Rs 10,000 crore unless there is a significant change in the banks' response in the second tranche, it said.




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TLTRO 2.0 needs to be open-ended and on-tap with change in structure

“Keeping it open-ended and on-tap would be a better idea than conducting the operation on a pre-decided date. Banks should get enough leeway in deciding how much they want to borrow and when to borrow,” said an expert.




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RBI Governor Shaktikanta Das to hold meeting with bank chiefs on Saturday

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures to support the industry.