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- Boeing’s 737 Max is being readied for a comeback. What travelers need to know
- Global coronavirus cases surge past 12 million
- Chinese banks prepare contingency plans over threat of U.S. sanctions: Sources
- Right now Vikas Dubey is in SP, says mother; party denies claim
- Forgotten tales of courage and valour: The Bucket Brigade
- India's GDP to contract by 3 per cent in FY21: BofA
- Nepal's communist party seems headed for split; Oli, Prachanda talks fail to yield positive outcome
- UN: World could hit 1.5-degree warming threshold in 5 years
- UN: World could hit 1.5-degree warming threshold in 5 years
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Economic Times | 09 Jul, 2020 | 05.05PM IST
Coronavirus Live News: Global coronavirus cases surge past 12 million
More than 12.08 million people have been reported to be infected by the novel coronavirus globally and 548,429 have died, according to a Reuters tally.
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Mastercard to invest Rs 250 cr to help Indian SMEs amid COVID-19 crisis
Automotive aftermarket spending to decline 11% in FY21: Crisil Research
- The coronavirus pandemic-induced nationwide lockdown is expected to squeeze automotive aftermarket spending by 11 per cent this fiscal, a report has said.
- Based on the analysis of 75 mega districts in the country, which account for 43 per cent of the segment's total revenue, Crisil Research expects the annual running of vehicles (in kilometres) to decline, with three-wheelers likely to see the highest decline of 22 per cent and passenger vehicles and tractors seeing the lowest decline of 4 per cent during the fiscal.
HC stays Karnataka government's order banning online classes
- The Karnataka High Court has stayed the Karnataka government's order banning conduct of online classes by schools stating that banning it encroaches upon the Fundamental Right to Life and Education.
- The State government had passed orders on June 15 and 27 imposing a ban on conduct of online classes from LKG to Class X.
HCC reports consolidated net profit at Rs 311 cr for Mar quarter
Hindustan Construction Company (HCC) on Thursday reported a consolidated net profit of Rs 311.38 crore for the quarter ended March 31, 2020.
COVID-19 recovered cases are 1.75 times that of active cases: Health Ministry
India's Yes Bank plans to raise up to $2 bn in share listing
- India's embattled Yes Bank, which was on the brink of collapse earlier this year, announced plans Thursday to raise up to 150 billion rupees ($2 billion) in a Mumbai stock listing.
- The country's fourth-largest lender was struggling with bad loans before the Reserve Bank of India took it over in March and drew up a rescue plan backed by eight other banks.
- It will now look to bolster its balance sheet through the share offering from July 15 to 17, according to a stock exchange filing.
10 per cent of India's population (60 years and above) accounts for 53% of country's COVID-19-linked deaths
- Health Ministry
On an average India is testing more than 2.6 lakh samples per day for COVID-19
- ICMR
Till 8th July, 6,79,831 COVID-19 tests have been conducted in Delhi, that means 35,780 tests per 10 lakh people. Over 20,000 tests are being conducted daily
- Punya Salila Srivastava, Joint Secy, Home Ministry
Today we have 538 cases per mn population, it's as per WHO situation report. Case per mn population in some countries are at least 16-17 times more than what it is in India. We have 15 deaths per mn population
- Rajesh Bhushan, OSD, Ministry of Health
India's GDP to contract by 3 pc in FY21: BofA
- India's GDP will contract by 3 per cent in FY21 because of the coronavirus pandemic, assuming the economy is opened up fully from next month, a foreign brokerage said on Thursday.
- BofA Securities also said the RBI will monetise the fiscal deficit through purchase of government bonds of up to USD 95 billion through open market operations, and its revaluation reserves of USD 127 billion may also be used to recapitalise state-run banks.
Worldwide coronavirus cases cross 12.08 million, death toll at 548,429
Centre files affidavit in SC defending PM CARES Fund
Closing Bell
HDFC twins, RIL give Sensex 409-point lift; Nifty50 tops 10,800; Bajaj Finance, SBI gain 4% each
Enforcement Directorate attaches assets worth over Rs 2,200 crore of Rana Kapoor and others in the Yes Bank money laundering case: Officials
Whirlpool of India CFO Yatin Malhotra resigns
Top losers in the FMCG stocks
Price as on 09 Jul, 2020 03:35 PM, Click on company names for their live prices.
Samsung starts manufacturing smartwatches in India
Modi woos global cos with investment-friendly business environment
- Wooing global companies, Prime Minister Narendra Modi on Thursday said Asia's third-largest economy is one of the most open in the world and offers investment friendly, competitive business environment and immense opportunities.
- Speaking at the India Global Week 2020, he said green shoots of economic revival are already visible in India that is coming out of coronavirus lockdown.
- "India remains one of the most open economies in the world. We are laying a red carpet for all global companies to come and establish their presence in India. Very few countries will offer the kind of opportunities India does today," he said.
Andhra Pradesh reports 1,555 new cases and 13 deaths
- The total Covid-19 positive cases reach 23,814 by Thursday.
- Total Covid deaths reach 277 by Thursday.
- AP discharges 12,154 persons till date.
- The active cases amount to 11,383. Of this, 9,286 are under treatment in hospitals, while 2,097 persons are in Covid care centres.
- The state conducted 16,882 tests over the last 24 hours.
- Total to date reaches 10,94,615 tests, the third-largest in India after Tamil Nadu and Maharashtra.
Bihar reports 704 new cases today
- Total cases : 13,978
- Recovered cases : 9,541
An earthquake of magnitude 4.3 struck 23km South-West of Champhai, Mizoram at 2:28 pm today: National Center for Seismology (NCS)
Universities & colleges can opt to conduct exams through online, offline or blended mode. Guidelines for the conduct of exams have been issues on basis of SOP suggested by the Health Ministry. All states should conduct exams for final year students
- UGC Secretary
8 states account for 90 pc active coronavirus cases in India: GoM on COVID-19 informed
- Eight states, including Maharashtra, Tamil Nadu, Delhi, Karnataka and Telangana, account for around 90 per cent of the active COVID-19 cases in the country and 80 per cent of the active cases have been reported from 49 districts, the Group of Ministers (GoM) on COVID-19 was informed on Thursday.
- Besides, the GoM was told that six states -- Maharashtra, Delhi, Gujarat, Tamil Nadu, Uttar Pradesh and West Bengal -- account for 86 per cent of the deaths caused by COVID-19 and 32 districts account for 80 per cent of such fatalities, the Union health ministry said.
15th India-EU summit
- The 15th summit between India and the EU will be held via video conference on 15th July.
- India will be represented by PM Narendra Modi. EU will be represented by Charles Michel, President of European Council, and Ursula von der Leyen, President of the European Commission.
- Leaders at 15th India-EU summit are expected to reiterate their determination to promote effective multilateralism & a rules-based multilateral order, with the United Nations and the World Trade Organisation at its core. They will also discuss global and regional issues.
- The leaders will discuss global cooperation and solidarity to protect lives, to mitigate the socio-economic consequences and to strengthen preparedness and response capacities.
Ministers to be appointed as in-charge for each zone in Bengaluru for Covid-19 management
Amid spike in COVID-19 cases in Bengaluru, Chief Minister B S Yediyurappa on Thursday decided to appoint ministers as in-charge for each zone in the city, aimed at effectively managing the pandemic.
Flipkart Group invests Rs 260 cr to pick minority stake in Arvind Fashions arm
- Arvind Fashions (AFL) on Thursday said Flipkart Group has invested Rs 260 crore to pick a minority stake in its subsidiary Arvind Youth Brands.
- Arvind Youth Brands is Arvind Fashions' recently-formed subsidiary which will own the Flying Machine brand.
- "The Flipkart Group and Arvind Fashions (AFL) strengthened their partnership, through an investment of Rs 260 crore by Flipkart Group to purchase a significant minority stake in... Arvind Youth Brands which will own the Flying Machine brand," AFL said in a regulatory filing.
Microsoft India appoints Navtez Bal as Executive Director for public sector unit
- Microsoft India on Thursday said it has appointed Navtez Bal as the Executive Director of its public sector business.
- In this role, Bal will lead and expand Microsoft's public sector business in India, with a focus on driving digital transformation and innovation across organisations, a statement said.
UGC Secretary Prof Rajnish Jain:
Conducting final year examinations for graduation or post-graduation courses is very important, and the safety of s… https://t.co/F03EcK7FPl
— ANI (@ANI) 15942855370008-day 'total lockdown' in Assam's Golaghat town from Thursday evening
Chinese, Indian border troops taken 'effective measures' to disengage along LAC: China
China on Thursday said Chinese and Indian troops have taken "effective measures" to disengage at the Galwan Valley and other areas along the Line of Actual Control (LAC) in eastern Ladakh and the situation is "stable and improving," days after the two sides agreed on an expeditious withdrawal of soldiers from all the standoff points.
South Korea finds just one case of coronavirus antibodies out of 3,000 tested
COVID-19: Palghar receives 3,000 antigen testing kits
IIM Calcutta to start academic year in online mode from August
Rupee gains 3 paise to close at 74.99 (provisional) against US dollar
Maharashtra: 166 new COVID-19 cases in Aurangabad, district tally reaches 7,504
India inflation likely slowed in June as output returns
Reuters Poll
Amid talks of economic revival, it is natural to link global revival and India
- PM Narendra Modi at India Global Week 202
We are already seeing green shoots of economic recovery
- Prime Minister Narendra Modi
How Vikas Dubey scripted his Bollywood-style arrest
- Uttar Pradesh's dreaded gangster Vikas Dubey, who has had a thing for Bollywood, on Thursday surrendered over a thousand kilometres away from what could be his swan song of a criminal life in the Mahakaal temple premises of Madhya Pradesh's Ujjain as he announced in Sanjay Dutt's "Khalnayak" style: "Mein huin Vikas Dubey, Kanpurwala".
- Dubey has been on the run for almost a week, ever since the ambush and killing of eight police personnel in Kanpur. As police searched for him in Haryana, Delhi, and kept a close watch on Indo-Nepal border, the Kanpur boy who had launched himself into crime in the 1990s in the image of Sunny Deol's "Arjun Pandit" and loved the sound of being addressed to as "Pandit" in political and police circles, managed to dodge the bullet as he was nabbed in the safe grounds of the temple complex.
- According to sources, Vikas reached the temple around 8.a.m and then informed the security men about his identity and asked them to inform the police.
History has shown India has overcome every challenge, be it social or economic
- PM Modi
13 deaths and 1,555 new COVID19 cases reported in Andhra Pradesh in the last 24 hours
The total number of positive in the state is now 23,814: State Health Department
HC asks DU to explain how it proposes to conduct exams -- online, off-line or both
Gangster Vikas Dubey to be brought to UP on transit remand: Police
- After the arrest of gangster Vikas Dubey, wanted in connection with the Kanpur ambush in which eight policemen were killed, in Madhya Pradesh's Ujjain on Thursday, the Uttar Pradesh police said he would be brought to the state on transit remand.
- "Dubey will be brought to the state on transit remand. Our campaign against all those involved in the Kanpur case will continue till not even a single member of the Dubey gang is left," ADG, Law and Order Prashant Kumar said.
- "Stricter punishment will be ensured against Dubey," he added.
Seven more COVID-19 deaths in Rajasthan
The global comparison between the five most affected countries clearly depicted that India has one of the lowest cases per million (538) and deaths per million (15) compared the global average of 1453 and 68.7, respectively
- Government of India
BHEL commissions Solar PV Plant in Madhya Pradesh for Indian Railway
- State-run engineering firm BHEL on Thursday said it has successfully commissioned a 1.7 MW solar photovoltaic (PV) plant at Bina in Madhya Pradesh for the Indian Railways.
- The plant will directly feed power to traction systems of Indian Railways, a Bharat Heavy Electricals Limited (BHEL) statement said.
During our discussions today, experts again stated that there is no community transmission in India. There may be some localised pockets where transmission is high but as a country, there's no community transmission
- Health Min Harsh Vardhan after Group of Ministers meet
Five million begin lockdown in Australian city
- Five million people in Australia's second-biggest city began a new lockdown Thursday, returning to tough restrictions just weeks after they ended as Melbourne grapples with a resurgence of coronavirus cases.
- Residents have been told to stay at home for six weeks after other measures to contain a spike in COVID-19 failed to prevent the virus from spreading.
Priyanka Gandhi seeks CBI probe in gangster Vikas Dubey's case
... तीन महीने पुराने पत्र पर ‘नो एक्शन’ और कुख्यात अपराधियों की सूची में ‘विकास’ का नाम न होना बताता है कि इस मामले… https://t.co/NgMbNFWl98
— Priyanka Gandhi Vadra (@priyankagandhi) 1594278289000Number of COVID-19 cases reaches 1,101 in Himachal Pradesh
- Active cases stand at 256
- Total 821 patients have recovered so far
- Death toll stands at 9: State Health Department
Karnataka: CM BS Yediyurappa calls State Ministers, MPs, MLAs and Corporators from Bengaluru for a meeting at Palace Grounds to discuss COVID-19 management in the city
15 policemen test COVID-19 positive in Bengaluru
China 'deplores' Australian safe haven offer to Hong Kongers: embassy
AFP
Tata Steel sales fall 23 per cent to 5.28 MT in April-June quarter
His (Vikas Dubey's) in-laws are in Madhya Pradesh. He visits Ujjain Mahakal Temple every year. It doesn't matter what I say, govt is going to do what is appropriate
- Sarla Devi, mother of Vikas Dubey, after his arrest in Ujjain earlier today
CBSE and syllabus reduction
It is our humble request: #Education is our sacred duty towards our children. Let us leave politics out of… https://t.co/40JOHHfY3Y
— Ministry of HRD (@HRDMinistry) 1594276690000PM Modi says Varanasi can emerge as export hub and develop as a key centre of 'Aatma Nirbhar Bharat' campaign
Corporate affairs secretary Rajesh Verma appointed as IEPFA chairman
Highest single-day spike of 577 cases takes Odisha's COVID-19 tally to 11,201
Toll rises to 52 with four more deaths: Health department
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