NEW DELHI : The country’s second largest lender Punjab National Bank is planning to hit capital markets in the fourth quarter this fiscal to raise funds to help meet growth needs and regulatory requirements.At the moment, the bank is sufficiently capitalised with the capital adequacy ratio of 14.14 per cent at the end of March 2020, PNB Managing Director S S Mallikarjuna Rao told PTI in an interview."However, we will finalise the opening balance sheet of amalgamated entities in the next board meeting in July.

Probably then the bank will get an actual estimate of the capital (requirement)," he said."We will be planning (capital raising) somewhere around end of third quarter or beginning of fourth quarter.

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Covid impact: Capital, labour crunch stall restarting of realty projects

BENGALURU : Construction of a large number of real estate projects across cities has not restarted even after lockdown restrictions were lifted due to a severe liquidity and labour shortage that developers are facing.While the labour shortage may be resolved in the coming months, the capital shortage is likely to linger much longer, that may induce a spiral effect leading to delay in possession of homes, cash flow issues and significant rise in cost of capital.The covid-19 crisis may have wreaked havoc on most businesses and the overall economy, but impact on the real estate sector, which was already facing a prolonged slowdown, has been particularly harsh.“Besides labour and cash shortage, there is a third factor, which is the lack of

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IIT Delhi, National Chemical Laboratory working on home-based testing kits for covid-19

NEW DELHI : Home-based COVID-19 testing kits could soon be a reality with the Indian Institute of Technology (IIT) Delhi and the National Chemical Laboratory (NCL) Pune working on an alternative testing method which can not only be performed by individuals at home but will also deliver quick results.The collaborative project with the NCL, which comes under the aegis of the Council of Scientific and Industrial Research (CSIR), has also received financial support from Microsoft India and is expected to be ready in a month's time.According to the team, the project aims to develop an ELISA (Enzyme Linked Immunoassay) based diagnostic serological assay against COVID-19.

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AP source: Yankees vs champ Nationals in DC on opening day

NEW YORK – Gerrit Cole could make his New York Yankees debut in a tasty opening-day treat for fans, facing Juan Soto and World Series champion Washington at Nationals Park.The Yankees and Nationals are set meet when the virus-delayed season begins next month, a person familiar with the game told The Associated Press on Saturday. The person spoke on condition of anonymity because there hasn’t been an official announcement.The New York Post first reported the matchup.MLB will start a 60-game season on July 23 or 24.

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States roll back reopening plans as U.S. COVID-19 cases surge

In the U.S., Florida and Texas are once again shutting down many public spaces – including bars and beaches – as COVID-19 cases rapidly rise in those states and 30 others across the country. Jennifer Johnson reports.

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Orlando lags behind national response rate to 2020 Census

ORLANDO, Fla. – In the midst of the coronavirus pandemic, the U.S.

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Pence cancels planned bus tour of Florida after coronavirus cases surge

WASHINGTON, DC - APRIL 27: U.S. Vice President Mike Pence listens as U.S.

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Millions of Yemeni children face threat of starvation as aid dries up amid COVID-19: UNICEF

coronavirus pandemic sweeps across war-torn Yemen amid a “huge” drop in humanitarian aid funding, the U.N. children’s agency warned Friday.The stark prediction comes in a new UNICEF report, “Yemen five years on: Children, conflict and COVID-19.” It said the number of malnourished Yemeni children could reach 2.4 million by the end of the year, a 20 per cent increase in the current figure.

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The New Princess Bride Remake Stars Sophie Turner and Joe Jonas and a Bunch of Other Celebrities

The Princess Bride is being remade this summer with and husband starring as Westley and Princess Buttercup, respectively. Yes, I said respectively. A number of other Hollywood A-listers have teamed for this version of , which was filmed by at their own homes amid quarantine using their phones.

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NWSL players kneel during the national anthem

Players for the Portland Thorns and the North Carolina Courage knelt during the national anthem Saturday when the National Women's Soccer League opened the Challenge Cup tournament in Utah. The players wore Black Lives Matter T-shirts in warmups before the game, which was nationally televised on CBS.

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New environmental health watchdog plans are put in place

A meeting of council executive has approved a Food Service Plan for West Lothian for 2020-2021.The Food Service Plan outlines how the council’s Environmental Health Service manages public health protection and outlines how food safety and animal feeding stuffs will be monitored and controlled.The plan also covers other public health functions undertaken by the commercial team within the service which has responsibility for food safety.Animal feeding stuffs and hygiene at primary production are the responsibility of trading standards.The council has a statutory obligation to prepare and approve a plan annually.Section 1 of the Food Law Code of Practice (Scotland) requires the statutory obligations covered to be brought to the attention of

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British Athletics says sorry after sold-out national champs move behind closed doors

Athletics chiefs have apologised to fans after the sold-out British Championships were rescheduled for behind closed doors.

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Sensex, Nifty week ahead: Here is what market experts expect

Ruchit Jain, senior analyst at Angel Broking, says: "As per the options data, 10000 - 10500 is seen as the immediate trading range for Nifty. Since the data indicates long positions being rolled, traders are advised to continue to trade with a positive bias and use declines as a buying opportunity."Nagaraj Shetti, technical research analyst at HDFC Securities, says: "The short term trend of Nifty has turned into positive, after the minor weakness from the highs.

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Steve Bing, Marilyn Monroe, Grace Kelly: the stars who've called a luxury hotel home

what it will feel like to stay in a hotel – grand or otherwise – post-pandemic, there is also a palpable excitement that finally, for the first time, we can actually consider doing so. Because nothing beats a few nights in a really good one, where you feel welcomed, cared for, and cosseted, in an unapologetically no-strings-attached way.This can’t have escaped Liz Hurley’s ex, Steve Bing, the enigmatic multi-millionaire real estate tycoon, film-maker and political donor who fell to his death from his 27th floor apartment in Century City, Los Angeles earlier this week.

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Bank ATM withdrawal, minimum balance: Relaxations expire this month

coronavirus-induced lockdown, several relaxations were given to the people in banking related transactions for three months. Finance Ministry had withdrawn all transaction charges to withdraw cash from ATMs till 30 June.Until there is no new announcement on the same, then previous ATM withdrawal, minimum balance in the account rules of the banks will be applicable from July 1.

India information

Calgary Cares: Veterans Association Food Bank sees unprecedented need; businesses step up to help

COVID-19.The Veterans Association Food Bank is a lifeline to hundreds of veterans, offering continued moral support, camaraderie and help with access to mental health and government services. It also provides essentials like food and financial aid.Staff at the Calgary charity are reporting a 494 per cent increase in veterans reaching out for financial help and a 169 per cent increase in those needing food hampers since the COVID-19 pandemic began.

covid-19 Coronavirus Alberta COVID-19 Alberta Coronavirus

Calgary Cares: Veterans Association Food Bank sees need like never before

The Veterans Association Food Bank has seen an unprecedented number of veterans reach out for support during the COVID-19 pandemic. As Lauren Pullen reports, a group of Calgary businesses has banded together to help.

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Movie Theater Reopening Plans Face New Uncertainty Amid COVID-19 Case Rise

Cinema giants’ stocks just can’t seem to catch a break this year. Disappointing movies early in the year were followed by the shutdown of circuits due to the novel coronavirus pandemic, resulting release delays, liquidity concerns and a premium VOD dispute with Universal Pictures.

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Mistreatment of migrant farm workers amid COVID-19 a ‘national disgrace’: health minister

health minister told a parliamentary committee on Friday, as farms battle COVID-19 outbreaks among their employees.Outbreaks of coronavirus infections have killed three people and infected hundreds more on farms in Ontario, Canada’s most populous province, in recent weeks.

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Manchester United evening headlines as Reds send Liverpool message and Ole Gunnar Solskjaer plans changes

Manchester United evening headlines on Friday, June 26.Manchester United manager Ole Gunnar Solskjaer says he doesn’t know what the future holds for Jesse Lingard at the club, but that the midfielder will be given a chance to prove his worth.The England international has struggled badly for form this season, leading to suggestions that a move away from Old Trafford this summer could be in the offing with Lingard hiring Mino Raiola as his new agent.Solskjaer remained coy on what Lingard’s United future holds, but offered some encouragement for the player. “He has come back after the lockdown with a smile on his face and loads of energy," he said.“Last week he fell ill for a couple of days but we have done all the tests and he’s fine.

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Premier League confirm Liverpool Premier League trophy plans - and it might not be on TV

Liverpool will finally get their hands on the Premier League trophy after they face Chelsea at Anfield on July 18.

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First Nations people have fared better than B.C. average in pandemic: Report

First Nations people have fared better than the the provincial average when it comes to the spread of COVID-19.Health authorities across the province tested 5,434 First Nations people for COVID-19 between Jan. 1 and June, 14, 2020.During that time 86 First Nations people in B.C.

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Florida passes bill to designate Pulse as a national memorial site

ORLANDO, Fla. – A bill was passed Friday by the Florida House of Representatives that would designate the site of the Pulse nightclub shooting as a national memorial site.Rep. Stephanie Murphy spoke on the House floor in support of the bill she spearheaded along with Reps.

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Scotland's UEFA Nations League route confirmed as Steve Clarke faces potential away triple header

Nations League campaign on September 4 as the competition's schedule was published on Friday. Steve Clarke 's side will host Israel in the first game of the tournament before travelling to face the Czech Republic three days later.

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Pregnancy and COVID-19: Women Are Postponing Their Fertility Plans Due to the Pandemic

By The uncertainty and stress finally made me realize I need anxiety medication.By "I’ve never felt so isolated or alone."By Authentic, Accessible, RelevantMore from GlamourSee More Stories© 2020 Condé Nast. All rights reserved.

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Dow falls over 530 points as Fed action hits bank stocks, Covid-19 cases surge

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.Click here to read the Mint ePaperLivemint.com is now on Telegram.

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National anthem should be changed to John Lennon’s ‘Imagine,’ activists say

told Yahoo Entertainment.The song would join a long line of cultural mainstays that are rebranding after the Black Lives Matter protests — foods such as Eskimo Pies and Aunt Jemima syrup among them.The song was originally a poem written in September 1814, during the Battle of Baltimore, by Francis Scott Key, who owned slaves. The poem was eventually set to music and became the country’s official anthem in 1931.

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Mark Wright and Michelle Keegan's exciting baby plans after five years of marriage

Mark Wright and Michelle Keegan have shared a rare insight into their future family plans.

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S&P downgrades Axis Bank, four NBFCs, cites Covid-19 risks

Mumbai: S&P Global Ratings on Friday downgraded ratings of Axis Bank and four Indian non-bank financiers, citing worsening operating conditions as a result of the covid-19 pandemic.Axis Bank’s issuer credit rating was cut one notch to BB+ or to junk status. S&P said that the rating action reflects its expectation that heightened economic risks facing India's banking system will affect the bank's asset quality and financial performance.“While Axis' asset quality is superior to the Indian banking sector average, its level of nonperforming assets (NPAs) will likely remain high compared to international peers.

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Liverpool City Council confirm plans for Premier League title parade

Liverpool will be able to have an open-top bus parade after winning their maiden Premier League title, the city’s council have confirmed.The Reds officially won the crown on Thursday night as Manchester City, their closest rivals, failed to win at Chelsea.Liverpool will not play again in front of fans this season due to the coronavirus pandemic, with supporters having been concerned that they wouldn’t be able to celebrate with the Anfield stars.But Liverpool City Council have confirmed plans for a parade, though only when it is safe to do so.A spokeswoman for the council said: “We are looking at plans on how a title win can be celebrated fully and would honour the club’s and fan’s ambitions to have a parade - this will only happen when it

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'Stranger Things' Star Finn Wolfhard on His Virtual Cannes Market Project 'Rules for Werewolves'

Finn Wolfhard, fresh-faced monster fighter Mike Wheeler from Netflix's Stranger Things, is officially all grown up.The Canadian actor recently graduated from High School, posting pictures earlier this month of his socially-distanced, coronavirus-appropriate ceremony with family and friends. Wolfhard is also ready for the next move in his career.

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Virtual Cannes Market Day 5: 5 Things Not To Miss

Almost done! It's the final day of the Virtual Cannes Market. At least for the official Marché du Film Online.

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Pentagon chief seeks to reassure NATO over US troop plans

BRUSSELS – U.S. Defense Secretary Mark Esper on Friday sought to reassure allies at NATO that Washington will consult them on any future troop movements, after President Donald Trump surprised partners at the military alliance by announcing the withdrawal of thousands of personnel from Germany.At a time when videoconferencing has become the norm due to the coronavirus, Esper paid a short in-person visit to NATO headquarters in Brussels, a week after several allied defense ministers expressed concern about the unpredictability of U.S.

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Democracy returns as Perth and Kinross Council plans to do away with emergency powers

Perth and Kinross Council’s chief executive has announced the council plans to move away from emergency powers from August 17.Karen Reid and her executive team have had the power to make emergency decisions during the coronavirus pandemic.Breadalbane Academy's award for enterpriseAt this week’s virtual meeting of the full council (June 24), Ms Reid said if there was no resurgence of COVID-19, PKC would move back to full democratic decision-making from August 17.At the previous meeting of the full council on May 20, councillors agreed to continue with emergency powers until September 30 but to also suspend them at the earliest opportunity.On Wednesday, Ms Reid told councillors: “Given the positive information we are receiving from the

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Police urge people to not attend illegal raves this weekend following reports of planned events in Cheshire

hereThere have only been handful of incidents reported so far in Cheshire, but Cheshire Constabulary say they have received intelligence further events will be taking place this weekend.Officers are currently monitoring a number of websites.Anyone considering attending an event is being advised to stay away.Superintendent Julie Westgate from Cheshire Police said: “I would urge anyone who is planning to attend an illegal rave to think twice.

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Sensex extends gains to second week. Why some market experts are cautious

Here is what analysts said on today's market action:Sanjeev Zarbade, VP PCG Research, Kotak Securities“Global markets were in a consolidation mode after previous weeks of strong rally. Fresh spikes in Covid-19 cases and reports of further rift between the US and China on trade front, restricted further gains.

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Khruangbin: “We planned our entire world tour around Glastonbury”

Khruangbin, like the rest of Britain, are pouring one out for Glastonbury. This weekend (June 26-28) would have been the iconic music festival’s 50th anniversary, a summer blow-out celebrating five decades of music goodness down on Worthy Farm in Pilton, Somerset.

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Prime Minister’s update following the National Cabinet meeting on 26 June 2020

Prime Minister’s update following the National Cabinet meeting 26 June 2020.

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Sharon Stone mourns ex-boyfriend Steve Bing’s death as she opens up about ‘really hard’ loss

found dead at his home on Monday, 22 June, aged 55.And, speaking about his passing, the Basic Instinct actress explained she has found it ‘really hard’ to come to terms with.‘This is really hard. I had a really hard time with it…,’ she told Extra.

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₹2,590 crore in debt from Farallon Capital

₹2,590 crore through issuance of debt securities to US-based investment firm Farallon Capital, said a person aware of the development.Farallon is a San Francisco based investment firm with $29 billion in assets under management."The money was raised through three year NCDs (non-convertible debentures) at a rate of 9%," said the person, adding that the capital will be used for repayment of existing loans of the group as well as for other purposes.Farallon is an active investor in India and recently invested $49 million in debt instruments of Emami group companies.Spokespersons for Piramal Enterprises and Farallon could not be immediately reached for a comment.The Piramal group has taken several steps in the past six months to manage its

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Market LIVE: US equities end higher in choppy trade

RIL, Bharti Airtel, Vedanta, Ashok Leyland, Piramal Enterprises will be in focus on Friday.The SGX Nifty futures were higher in Asian trade indicating a positive start for Indian equities. The index rose 0.4% to 10,271.50.Asian stocks were largely higher in early deals on Friday, tracking overnight gains in US peers.

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Sharon Stone mourns death of 'complicated' ex Steve Bing after he took his own life at 55

Sharon Stone is mourning the death of her ex-boyfriend Steve Bing following his suicide earlier this week at the age of 55.'This is really hard; I had a really hard time with it,' the Basic Instinct beauty, 62, told Extra on Thursday, three days after the movie producer and philanthropist was found dead at the bottom of the Century City, California high-rise he lived in.Officials with the the Los Angeles County Medical Examiner-Coroner's Office ruled Bing's cause of death multiple blunt trauma by suicide on Tuesday, while local Fire Department authorities confirmed they had responded to a call on Monday reporting that a 55-year-old man had leapt from a building at the location, according to the AP.

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Prince Albert National Park officially open to campers

It was a difficult spring at Prince Albert National Park. The pandemic forced all business in Waskesiu to close for three months, causing a lot of uncertainty.

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Bonnaroo 2020 cancelled, virtual event planned

Organizers behind Tennessee’s annual Bonnaroo festival have officially cancelled the 2020 event as a result of ongoing coronavirus concerns.

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Orlando officers acted ‘reasonably’ when they beat accused cop killer Markeith Loyd, report says

ORLANDO, Fla. – An Orlando Police Department internal review found that four officers acted “reasonably” when they delivered blow after blow while arresting accused cop killer Markeith Loyd on Jan. 17, 2017.The 51-page report released Thursday evening provided detailed accounts from each of the four officers as well as testimony from other law enforcement officers on scene who surrounded the home on Lescot Lane and witnessed Loyd crawling across the yard before he was taken into custody.All four officers who kicked, punched or otherwise struck Loyd expressed similar fear, saying they knew Loyd was accused of killing Orlando Police Sgt.

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Manitoba plans to resume in-class learning in September

During a coronavirus news conference on Thursday, Education Minister Kelvin Goertzen told Manitobans to get ready as the province plans to resume in-class learning for the vast majority of students in September, ahead of discussing a framework for how schools would like to return to classes.

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VisitScotland teams up with national tourism bodies to create UK industry standard

VisitScotland has teamed up with the national tourism bodies of England, Northern Ireland and Wales to launch a new UK-wide industry standard.Aiming to provide confidence for visitors, communities and tourism businesses alike, as the sector works towards reopening, the 'We're Good to Go' consumer mark complements the guidance already issued by the Scottish Government.The free scheme and supporting mark mean businesses across all sectors of the tourism industry in Scotland can demonstrate that they are adhering to the respective Government and public health guidance.To qualify businesses have to carry out a COVID-19 risk assessment to check they have the required processes and protocols in place. Speaking about the fact that Scotland’s

Britain Ireland Scotland covid-19 Government Coronavirus

White House punts on Israel annexation; more talks planned

WASHINGTON – President Donald Trump’s top national security aides have been unable to reach a decision on whether to support an Israeli plan to annex significant parts of land the Palestinians claim for a future state, an impasse that could affect the timing of any action by Prime Minister Benjaimin Netanyahu.The White House said Thursday that consultations with Israeli officials will continue as they try to formulate a proposal that would support Trump’s plan for an Israeli-Palestinian peace deal.The Trump administration's decision on annexation could alter America’s position in the Middle East and affect Trump’s election-year support with evangelical Christians, an important part of his political base.

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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

Punjab National Bank plans to hit capital market in Q4

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