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India to retain top position in remittances with $80 billion: World Bank

India is followed by China ($67 billion), Mexico and Philippines ($34 billion each), according to World Bank.




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Now shop at Dubai airports using Indian Rupee

The acceptance of Indian currency is good news for Indian tourists as earlier they lost a sizeable amount due to exchange rates.




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Diaspora deposits down 29 per cent in FY20

NRI deposits between April & August saw an inflow of $4 billion, compared with $5.7 billion in the same period last year. NRIs in the Gulf, who contribute the maximum to the deposit chunk, are showing preference towards mutual funds.




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30 more BSF personnel test positive for COVID-19, total cases rise to 223

"Thirty new cases of COVID-19 (six from Delhi and 24 from Tripura) have been reported from different establishments. All of them are under the best available medical care at AIIMS-Jhajjar and G B Pant Hospital, Agartala," BSF spokesperson Shubhendu Bhardwaj said in a statement.




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Defence Ministry signs contract with Tata Power SED for infra modernisation at 37 airfields

This is the phase two of the Modernisation of Airfield Infrastructure (MAFI) programme, the ministry said, adding that airfields of the Indian Air Force were upgraded in the first phase.




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Shah expresses concern over rising coronavirus cases in Central Armed Police Forces

Union Home Minister Amit Shah chaired a meeting of the DGs of all Central Armed Police Forces (CAPFs) where he appreciated the commendable work done by these forces and expressed concern over increasing COVID-19 cases, a home ministry spokesperson said.




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Indian Army, IAF helicopters and Indian Army troops evacuated crew in Sikkim

Immediately on receipt of information, on May 7 , Indian Army rescue columns with personnel of ITBPs too, moved on foot, traversing dangerous terrain in bad weather, to the helicopter landing site to evacuate the individuals and provide medical aid, for which a doctor of the ITBP also accompanied.




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Nepal raises objection over India inaugurating crucial link road passing through Lipulekh Pass

Nepal's Foreign Affairs Ministry in a statement said the government "has learnt with regret" about the inauguration of the link road connecting to Lipulekh pass, which Nepal claims to be part of its territory. The 80-Km new road inaugurated by Defence Minister Rajnath Singh on Friday is expected to help pilgrims visiting Kailash-Mansarovar in Tibet in China.




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Covid impact: Companies may restrict business travel

Globally, the pandemic has had a far-reaching impact and responsible organisations will choose not to put any employee at risk, feels Dayapatra Nevatia, chief operating officer, Mindtree.




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Get India fully back to business, says India Inc

Industry captains say economy and jobs must be central focus now, and policymakers have to recognise that the country will have to live with and work around Covid-19. India Inc’s growing call on reopening India for business comes amidst a blizzard of grim economic forecasts. Economic growth in FY21 can be negative, according to Nomura, ICRA and others.




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Maruti Suzuki and Hyundai Motor consider 2nd shift, even as vendors struggle to get back

Component makers are also working overtime to restart factories, but delays in getting approvals are causing hindrance in some states, especially in Maharashtra and Tamil Nadu that have the biggest automotive manufacturing hubs, industry insiders said. This, they said, could weigh on the plans of the automakers.




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Will expedite scrappage policy, extend compliance timelines for auto companies where possible: Gadkari

“I have been trying for the last two years to pursue the scrappage policy. I have asked the Secretary (ministry of road transport and highways) to expedite the scrappage policy. Because this will help reduce production cost,” Gadkari said in an interaction with SIAM Institute on Thursday.




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IIT professor develops software to detect COVID-19 within 5 seconds using X-ray scan

Kamal Jain, a professor at the institute's civil engineering department, claims that the software will not only reduce testing costs but will also reduce the risk of exposure to healthcare professionals. ​So far, there is no verification of his claim by a medical institution.




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China names its Mars mission Tianwen-1 ahead of its planned launch this year

China on Friday named its first Mars exploration mission to be launched later this year as Tianwen-1 as it celebrated 'Space Day' to mark the 50th anniversary of the launch of the country's first satellite Dong Fang Hong-1 in 1970.




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Jadavpur University students develop device which can tell if a coughing person is a COVID-19 carrier

Two students of the Jadavpur University have developed an intelligent device which will analyse if a coughing person is a COVID-19 carrier.




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Texas A&M university starts human testing of tuberculosis vaccine to fight COVID-19

Texas A&M is the first US institution in the clinical trial to have federal clearance for testing on humans. Researchers hope to demonstrate that Bacillus Calmette-Guerin or BCG mitigates the effects of the novel coronavirus, allowing fewer people to be hospitalised or to die from COVID-19.




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Indian-origin scientist identifies four possible drugs to treat COVID-19

The study, published in the journal Pathogens, found that all four drugs were effective in inhibiting, or blocking, the coronavirus' RNA proteins from making genomic copies of the novel coronavirus.




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Intensive farming may increase risk of epidemics, scientists warn

The scientists, including those from the University of Sheffield in the UK, said overuse of antibiotics, high animal numbers, and low genetic diversity caused by intensive farming techniques increase the likelihood of these pathogens becoming a major public health risk.




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CSIR submits 53 genome sequences of coronavirus to global body; to share 450 more by May 15

CSIR's Institute of Genomics and Integrative Biology (IGIB), Delhi, Centre for Cellular and Molecular Biology (CCMB), Hyderabad and Institute of Microbial Technology, Chandigarh are currently sequencing the genomes of the novel coronavirus, he said. Other CSIR institutes are also expected to join the process.




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Economy likely to show negative growth in current year: Montek Singh Ahluwalia

The rationale behind the lockdown was not that it would prevent infections but that it would allow us to build the health infrastructure to be able to cope with larger numbers infected, opined Montek Singh Ahluwalia




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Request for registering retailers, construction professionals as MSMEs to be examined: Nitin Gadkari

Nitin Gadkari, the minister for MSME and road transport and highways, also called upon the retailers to start exploring option of home delivery.




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NHPC board approves raising Rs 2,000 crore debt

The board has considered and approved the proposal to raise debt of up to Rs 2,000 crore, a company statement said.




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Discussed decision to shut 6 MF schemes with Sebi, says Franklin Templeton

This is the first instance when a fund house is shutting its schemes because of coronavirus related pandemic.




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Looking for silver lining in the dark clouds? India has plenty

We manufactured a crisis much before the pandemic hit the financial world.




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Adani Transmission Q4 net down 60% at Rs 59 crore on one-time writeoff

The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019.




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ICICI Bank Q4 results: Profit jumps 26% YoY to Rs 1,221 crore; provisions rise 9% YoY

Analysts in an ETNow poll had projected the number at Rs 3,000 crore.




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I can’t see things getting better anytime soon: Vijender Singh

With restrictions on travelling and no sporting activity allowed, the 34-year-old Haryana boxer is spending time with his family in Delhi.




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Baseline Ventures signs India’s under-19 cricket captain Priyam Garg

The multi-year deal will see Baseline managing all the commercial interests of Garg. Born in Meerut, UP, Garg made his first-class debut against Goa in 2018 where he went on to score an unbeaten 117. He recently led the Under-19 Indian team at the World Cup in South Africa where they finished runners-up.




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Physical education teachers shouldn’t be seen as second class citizens: Margaret Whitehead

During the webinar, titled ‘Physical Literacy: For Nation’s Development’, the panelists discussed a lot of topics related to physical literacy, including its meaning, the challenges it faces, its need of promotion, the lax attitude towards it and its importance in everybody’s life. The panel also discussed the lax attitude towards physical education in India.




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India sugar exports boosted by strong demand from Indonesia, Iran

Higher exports from India, the world's biggest producer of sugar, could put pressure on global prices and limit shipments from rivals such as Brazil and Thailand.




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Palm oil rises on lower Indonesian inventories; set to post weekly loss

Palm oil has ended lower for the past three sessions, and has lost 5% so far this week.




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Precious metals: Silver, gold futures rise on spot demand

In the international market, silver was quoting 1.44 per cent higher at $15.82 per ounce in New York.




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Madras High Court orders for TASMAC shops closure as TN crosses 6,000 Covid-19 positive cases

The High Court passed the interim order on Friday as a result of the blatant violation of the conditions that the court had prescribed under which liquor shops could function. These conditions included adhering to social distancing norms while also deploying additional staff to manage the crowd.




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Varanasi's ghats, Hampi's attractions & Goa's iconic churches: Destinations which are every photographer's paradise

India’s diverse culture is truly a photographer’s delight.




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Tantalising Texas—travel inside a cowboy's dream

Image credit: iStock The vast land of Texas is a paradise for travellers. Known for its cowboy culture, stupendous barbeques, and lovely country songs, this...




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Music and magic in the American South

Image credit: iStock The American South is all about the soul, it definitely attracts you in more than one way. Known for its generous hospitality, good-nat...




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Why Papad's popularity in Indian cuisine won't fade away

We may no longer dry papads at home in summer, but this uniquely Indian product deserves to be celebrated.




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Brains behind idiot box: A quick look at the history of television

The first public demonstration of colour TV broadcast happened this week 90 years ago, setting the foundation for a major change in the way audio-visual media is consumed.




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There is a big misconception that single women aren’t contented: Journalist Kalpana Sharma

In a telephonic interview Mumbai-based Sharma talks about her own experiences as a single woman and what has changed for single women over the years and what hasn’t.




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Racism in food? US, North European cuisines enjoy a privileged status, while others are named 'ethnic'

In NYC and most of the US even today, non-northern European foods termed are 'ethnic'.




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Desi dreams: The rise of Indian internet content creators abroad

Children of Indian immigrants are going against the tide and becoming internet content creators, even if it means giving up stable and well-paying jobs.




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Target to recoup lost deposits by year end: Prashant Kumar

"After the moratorium, it was expected that there would be outflows."




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Solid digital business model helped post strong Q4 numbers: ICICI Securities

‘We are a cash generating company and virtually carry no leverage’




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Positive on market from a 18-24 months perspective: HDFC Life Insurance

‘Don’t sell but use dips in the market to deploy money’




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Residential real estate strongly poised for a bounce back: Godrej Properties

‘Industry leaders would benefit from both the demand revival as well as consolidation.’




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Cain International in pact with Oberoi Group for serviced residences in London

Privately-held real estate investment firm Cain International has signed an agreement with the Oberoi Group for the operation of 23 serviced residences in Mayfair in London.




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Vande Bharat Mission: Authorities seek hotel rooms across the country

Hotels newly earmarked in Delhi include the Taj Palace Hotel, Shangri-La’s Eros Hotel and Le Meridien, according to people aware of the matter.




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JNU releases tentative academic calendar for Monsoon session, set to return to classes by June 25

In case, the examination results are not ready by July 31, students will have the opportunity to provisionally register and move on to the next semester, the VC said. The entire monsoon semester registration process will be completely online making it easy for the students to register even from their homes.




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Railways orders comprehensive probe into Aurangabad accident

The Railways has ordered a comprehensive probe into the Aurangabad accident in which 16 migrants workers who were sleeping on the tracks were mowed down by a goods train early on Friday.




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3.4 lakh workers ferried in 302 Shramik trains since May 1

Shramik special trains were run from May 1 on the request of different state governments. The railways has suspended passenger, mail and express trains to combat the spread of novel coronavirus (Covid-19) since March 24.