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27.05.2020 / 21:01

Trump wades into India-China dispute with tweet to arbitrate

NEW DELHI : US President Donald Trump on Wednesday waded into the border standoff between India and China as he offered to “mediate" or “arbitrate" between the two countries.

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Home delivery of essential medicines can be organised in containment zones: Govt

New Delhi: The Centre has suggested states and UTs to organise home delivery of essential medicines like calcium, iron/folic acid and zinc tablets besides contraceptives in containment zones to ensure maternal and child healthcare is not affected due to the coronavirus-induced lockdown.

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EPFO withdrawals data puts spotlight on worsening job crisis

NEW DELHI : Temporary income losses due to the coronavirus lockdown are turning into job losses, indicates data on India’s retirement fund withdrawals, painting a grim picture of the country’s employment scenario.

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Delhi border mess is an early warning sign for all cities

NEW DELHI : On 20 March, the last “normal" weekday before life in many Indian cities came to a grinding halt, roughly 1.5 million people shuttled between Delhi and one of its four satellite cities—Gurugram, Faridabad, Ghaziabad and Noida.

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Bata taps WhatsApp for sales even as it reopens 53% stores

NEW DELHI : Bata India Ltd said it has reopened more than half of its 1,400 stores in India even as people working from home turn to its online portal and other online marketplaces to buy footwear.

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Clients will want solutions to reduce their costs: Keshav Murugesh

Blending of WFH will be higher than before. Clients understand that there are some processes that can be delivered from home, says Keshav Murugesh, Group CEO, WNS Global Services

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DoT relaxes deadline for telcos to meet rollout obligations

NEW DELHI : In a relief to Reliance Jio, Bharti Airtel and Vodafone Idea, the department of telecommunications (DoT) has extended the deadline for mobile operators who were to roll out their networks with a minimum stipulated capacity to 30 September to avoid stiff penalties amid the lockdown imposed to check the spread of coronavirus.

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Investors are more interested in smart founders, not ideas

As the startup world fights the pandemic to stay afloat, most organizations are looking for ways to re-strategize to attract investors

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Opinion | A red line that Beijing shouldn't try to cross

China’s aggression along the LAC reveals strategic myopia on its part, a failure to appreciate where its own long-term interests lie and what attributes justify claims to geopolitical power

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Sun Pharma delays FY21 sales guidance on covid-19 uncertainty

NEW DELHI : India’s largest drug-maker Sun Pharmaceutical Industries Ltd departed from its usual practice of providing a sales guidance for 2020-21, saying that it expects near-term uncertainty due to the covid-19 pandemic.

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Delhi Dy CM interacts with principals regarding reopening of schools

NEW DELHI : Delhi Deputy Chief Minister Manish Sisodia on Wednesday interacted with principals of all government schools in the national capital over the issue of reopening schools in the coming academic year since their shutdown from March onwards due to covid-19 pandemic.

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Coronavirus cases cross 1.5 lakh, govt says lockdown has 'decelerated' pace of COVID-19 spread

NEW DELHI : There have been "multiple gains" from the lockdown and the most important of them is that it has "decelerated the pace" of spread of COVID-19, the Union health ministry said on Wednesday even as the death toll reached 4,337 and the number of cases rose to 1,51,767 in the country.

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Consumer pivot to health, wellness and e-commerce to drive investor appetite

CRISIL expects this to shave off revenue growth for consumer essentials by 2-4%; while discretionary manufacturing and consumer services could take a revenue hit of 16-30% this financial year

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India, China move in more troops as border tensions rise

NEW DELHI : India has moved additional troops along its northern border as it prepares for an extended conflict with neighbor China, after several rounds of talks failed to ease tensions between the nuclear-armed rivals.

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After IIT-JEE, CBSE allows students to give board exams in home districts

NEW DELHI : The central board of secondary education (CBSE) Wednesday allowed tens of thousands of students appearing for the remaining part of the board examination in their home districts keeping in mind the Covid-19 related migration in recent weeks.

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DoT's covid-19 relief for mobile firms with more time for rollout obligations

NEW DELHI: The department of telecommunications (DoT) has given more time to telecom companies to meet their rollout obligations. The new deadline is 30 September to avoid stiff penalties amid the covid-19 lockdown.

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Covid impact: Indians may spend more on e-commerce, even for offline categories

NEW DELHI: Around half of Indian consumers will increase their spending on e-commerce going ahead, even for traditionally offline categories, said a report by Facebook India and Boston Consulting Group (BCG).

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Passenger on Alliance Air's Delhi-Ludhiana flight tests positive for coronavirus

NEW DELHI : Air India on Wednesday said a passenger who was onboard an Alliance Air flight from the national capital to Ludhiana has tested positive for coronavirus and a total of 41 people, including five crew members, have been quarantined.

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Wildcraft India forays into PPE category, offers hazmat suits, face shields

NEW DELHI : Homegrown outdoor and tactical gear firm Wildcraft India Pvt Ltd has forayed into manufacturing and distribution of personal protective equipment (PPE) including hazmat suits, respirator masks and face shields with the aim to equip and enable health workers as well as consumers to stay safe amidst the coronavirus outbreak.

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SC directs Centre to identify hospitals for free treatment of covid-19 patients

NEW DELHI: The Supreme Court on Wednesday directed the Central government to identify and prepare a list of hospitals where treatment to treat covid-19 patients can be given free of cost or at a minimum fee. The order was passed in a plea seeking regulation of covid-19 treatments costs across private and corporate hospitals in the country.

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Dabur India net profit profit slumps 24% in Q4; Chyawanprash sales surge

New Delhi: Packaged consumer goods firm Dabur India on Wednesday reported a 24% year-on-year decline in its fourth quarter (Q4) net profit to ₹281 crore as the covid-19 crisis hit business at the maker of Real juices and Vatika hair oil. The company had posted a net profit of ₹370 crore in the year-ago period.

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China says situation "stable and controllable" at India border

NEW DELHI : China on Wednesday said that the situation at the border with India is "overall stable and controllable," and both the countries have proper mechanisms and communication channels to resolve the issues through a dialogue and consultation.

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Donald Trump offers to mediate India-China border issue

NEW DELHI : Known for his unpredictability and his penchant for springing surprises, US president Donald Trump on Wednesday offered to “mediate" or “arbitrate" between India and China on recent border tensions among the two countries.

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Sebi again extends deadline to apply for senior level vacancies amid Covid-19

NEW DELHI : Markets regulator Sebi has again extended the deadline to apply for the post of 147 senior level executives by two months till July 31 in the wake of coronavirus pandemic.

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Baba Ramdev's Patanjali plans 1st bond sale as costs suck cash

NEW DELHI : Yoga guru Baba Ramdev’s Patanjali Ayurved Ltd. is planning its first rupee bond issuance, seeking to benefit from the lowest borrowing costs since 2004.

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India steps on the gas to set up World Solar Bank, may take up 30% equity

NEW DELHI: India is looking to expedite the International Solar Alliance’ (ISA) playbook of setting up a World Solar Bank (WSB), that may require a total equity capital of $10 billion and a paid-up capital of $2 billion, said two people aware of the development.

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Heatwave conditions intensify as temperature hits 50 degrees Celsius

NEW DELHI : India is wilting under a heatwave, with temperatures in places reaching 50 degrees Celsius (122 degrees Fahrenheit) and the capital enduring its hottest May day in nearly two decades.

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Attackers send spreadsheets with fake covid-19 data to spread malware

NEW DELHI: Cybercriminals have found a new way to take advantage of the coronavirus pandemic to hack user data. They’re using email attachments containing malicious Excel 4.0 macros that can put malware on a user’s device.

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₹20 tn to battle COVID-19 disruptions: Gadkari

More liquidity needs to be pumped in the market to boost the coronavirus-hit economy and states should come forward with ₹20 trillion, while another ₹10 trillion can be harnessed from public-private investment, said Nitin Gadkari

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Migrant crisis: Randeep Surjewala moves SC seeking permission to intervene

NEW DELHI: Congress party's chief spokesperson Randeep Surjewala on Wednesday moved the Supreme Court seeking to intervene in the suo motu case on the crisis being faced by migrant workers amid the covid-19 lockdown.

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HC takes suo motu cognisance of clip showing lack of facilities for covid patients

NEW DELHI : Taking suo moto cognisance of a video clip on social media that showed a man struggling to get his mother hospitalised after she tested positive for coronavirus, Delhi high court directed the Aam Aadmi Party-led government and the Centre to file status reports on arrangements made to deal with such cases. The court will next hear the matter on 3 June.

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Lockdown impact: Restaurant body asks mall owners for rental waiver

NEW DELHI: The National Restaurant Association of India (NRAI) on Wednesday said it has asked mall owners to waive off rentals during the lockdown period and even renegotiate commercial terms going forward as the protracted closure of malls continues to impact business.

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ITC ties up with Star network for new food show

NEW DELHI: Packaged goods to hotels conglomerate ITC Ltd has collaborated with television broadcaster Star network to showcase the rich culinary heritage of India.

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Kent RO apologises, takes down ad dubbing domestic helps as covid carriers

NEW DELHI: Mahesh Gupta, chairman of Kent RO Systems Ltd, on Wednesday apologised for the controversial advertising campaign that insinuated that domestic helps can be carriers of the novel coronavirus while promoting its bread and atta maker.

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Coronavirus: Delhi sees sharp spike in cases as 792 test positive

NEW DELHI: With restrictions being eased, the national capital saw a sharp spike in the total number of covid-19 cases as 792 people tested positive in the last 24 hours. The state's tally is now at 15,257 with the death toll crossing 300 on Wednesday.

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Volkswagen India introduces leasing, flexible financing options to drive sales

The Volkswagen Secure and Power Lease initiatives provide customers the power and independence to purchase their favourite Volkswagen in a hassle-free, contactless and digitalised manner

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Nokia shuts plant in Tamil Nadu after 42 test positive for coronavirus

NEW DELHI : Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive for COVID-19.

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Biocon gets approval for use of CytoSorb to treat critical COVID-19 patients

NEW DELHI : Biocon Biologics has received DCGI approval for emergency use of CytoSorb to treat critical COVID-19 patients. The US Food and Drug Administration (USFDA) had recently approved CytoSorb for emergency use in COVID-19 patients.

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In times of covid-19, Indian diplomacy goes for jugaad

NEW DELHI : Desperate times, they say, require desperate or at least out of the box measures.

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NEW DELHI : The Indian Council of Medical Research has removed the price cap of ₹4,500 for the real-time polymerase chain reaction (RT-PCR) test used to detect COVID-19, asking states and UTs to negotiate with private labs to fix "mutually agreeable" rates for the test. In a letter to the state chief secretaries on Monday, ICMR Director General (D-G) Dr Balram Bhargava said the COVID-19 diagnostic supplies are stabilising because of the indigenous production of the kits.

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Biocon Biologics allowed emergency use of CytoSorb in critical covid-19 patients

NEW DELHI: Biocon Biologics India Ltd on Wednesday said it has received approval from the Drug Controller General of India for emergency use of its device CytoSorb to reduce pro-inflammatory cytokines levels in critical covid-19 patients admitted in the intensive care unit (ICU).

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We are entering the age of pandemics: health experts to Rahul Gandhi

NEW DELHI: The world is entering an age of pandemics, and lockdowns cannot be long-term solutions to contain the spread of diseases, two public health experts told former Congress president Rahul Gandhi in an online conversation on Wednesday.

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Schools, colleges not allowed to open anywhere in India, clarifies govt

NEW DELHI : Amid reports that the central government has allowed schools to open during lockdown 4.0, the ministry of home affairs has clarified that no such decision has been taken so far. "Claim: MHA permits all States to open schools. Fact: No such decision taken by MHA. All Educational institutions are still prohibited to open, throughout the country," home ministry said.

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JP Morgan chief economist forecasts 'strong rebound' in Indian markets

NEW DELHI : Global investment bank JP Morgan is forecasting a "very strong rebound" in Indian markets for the second half of the year while it remains "worried" about what it describes as deterioration in the country's public finances, social disruption and the limits of public financing in the long slog back from the coronavirus crisis.

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HBO Max gives India a miss, launches in US today

NEW DELHI : WarnerMedia Entertainment on Wednesday launched HBO Max, a video streaming service, in the United States, but the company has no immediate plans to bring it to India.

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IIT develop lighter, breathable PPE kit to fight COVID-19

NEW DELHI : Department of Textile and Fibre Engineering at Indian Institute of Technology Delhi has developed a breathable and light-weighted PPE (Personal Protective Equipment) to fight COVID-19.

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States ask Centre to make rural jobs scheme more inclusive

NEW DELHI : State governments across the political spectrum have asked the Centre to expand the scope of the national rural jobs programme, as they try to accommodate millions of migrant workers returning from towns and cities amid the coronavirus lockdown.

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New Delhi: Logistics player Blue Dart Express on Tuesday reported a consolidated net loss of ₹30.57 crore in the March quarter, hit by the nationwide lockdown induced by COVID-19.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0