Live Blog

09 July, 2020, 06:22 PM IST

Coronavirus News Live: India has not yet reached community transmission stage, says govt

On an average, India is testing more than 2.6 lakh samples per day for COVID-19, an ICMR official said at the briefing, asserting that testing has been ramped up in the country in a big way.

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06:13 PM

Military and diplomatic officials will continue their meetings to take forward disengagement process: MEA on situation in eastern Ladakh

06:11 PM

Cognizant India Chairman Ramkumar Ramamoorthy resigns

06:07 PM

TCS Q1 Results

Profit slips 13.81% YoY to Rs 7,008 crore; misses Street estimates

05:57 PM

WHO launches pandemic response review panel: Tedros

05:53 PM

Spinny registers 80% rise in used car sales to 2,700 units in Jan-Jun: Co

Online used car retailing platform Spinny on Thursday said it has registered a sales growth of 80 per cent to around 2,700 cars in the first half of this year, despite the coronavirus-induced lockdown that stalled all business and economic activities.

05:43 PM

Env ministry panel recommends clearance for Rs 56 crore DDA housing project

An environment ministry panel has recommended clearance for a Rs 56-crore housing project of the Delhi Development Authority. The project, which will construct two 33.7-metre-high towers each with a total of 102 flats in Sector B, Vasant Kunj in south Delhi, got the nod of the ministry-constituted Expert Appraisal Committee (EAC) last month.
The EAC noted that the project came under the ‘Building and Construction Projects' category of the Environmental Impact Assessment (EIA) notification 2006, and required appraisal at state level.

05:42 PM

Nizamuddin Markaz: Delhi court allows 60 Malaysians to walk free on payment of fine of Rs 7,000 each, says a lawyer

05:29 PM

Seven-day lockdown imposed from 5 pm in all containment zones of West Bengal

05:28 PM

Rupee recovers to 74.99 against dollar amid gains in equity markets

05:20 PM

UK pharmacy Boots says to cut over 4,000 jobs

05:19 PM

9 new cases in Dharavi, Mumbai

Tally - 2347
Toll - 86

05:18 PM

Thoothukudi custodial death case

Madurai bench of Madras High court orders CB-CID DSP to file a detailed status report on action taken so far in the case, in a sealed cover.

05:16 PM

395 policemen have tested positive in Bengaluru since outbreak of COVID-19: Officer

05:05 PM

Mastercard to invest Rs 250 cr to help Indian SMEs amid COVID-19 crisis

05:05 PM

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.

04:59 PM

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.

04:58 PM

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.

04:44 PM

COVID-19 recovered cases are 1.75 times that of active cases: Health Ministry

04:33 PM

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.

04:32 PM

10 per cent of India's population (60 years and above) accounts for 53% of country's COVID-19-linked deaths

- Health Ministry

04:32 PM

On an average India is testing more than 2.6 lakh samples per day for COVID-19

- ICMR

04:31 PM

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

04:17 PM

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

04:08 PM

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.

04:00 PM

Worldwide coronavirus cases cross 12.08 million, death toll at 548,429

04:00 PM

Centre files affidavit in SC defending PM CARES Fund

03:53 PM

Closing Bell

HDFC twins, RIL give Sensex 409-point lift; Nifty50 tops 10,800; Bajaj Finance, SBI gain 4% each

03:53 PM

Enforcement Directorate attaches assets worth over Rs 2,200 crore of Rana Kapoor and others in the Yes Bank money laundering case: Officials

03:39 PM

Whirlpool of India CFO Yatin Malhotra resigns

03:35 PM

Top losers in the FMCG stocks

Price as on 09 Jul, 2020 03:35 PM, Click on company names for their live prices.

03:29 PM

Samsung starts manufacturing smartwatches in India

03:28 PM

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.

03:25 PM

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.

03:22 PM

Bihar reports 704 new cases today

Total cases : 13,978
Recovered cases : 9,541

03:03 PM

An earthquake of magnitude 4.3 struck 23km South-West of Champhai, Mizoram at 2:28 pm today: National Center for Seismology (NCS)

03:02 PM

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

02:57 PM

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.

02:56 PM

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.

02:48 PM

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.

02:47 PM

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.

02:44 PM

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.

02:42 PM

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) 1594285537000

02:41 PM

8-day 'total lockdown' in Assam's Golaghat town from Thursday evening

02:34 PM

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.

02:27 PM

South Korea finds just one case of coronavirus antibodies out of 3,000 tested

02:22 PM

COVID-19: Palghar receives 3,000 antigen testing kits

02:20 PM

IIM Calcutta to start academic year in online mode from August

02:19 PM

Rupee gains 3 paise to close at 74.99 (provisional) against US dollar

02:11 PM

Maharashtra: 166 new COVID-19 cases in Aurangabad, district tally reaches 7,504

02:08 PM

India inflation likely slowed in June as output returns

Reuters Poll

01:57 PM

Amid talks of economic revival, it is natural to link global revival and India

- PM Narendra Modi at India Global Week 202

01:56 PM

We are already seeing green shoots of economic recovery

- Prime Minister Narendra Modi

01:55 PM

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.

01:50 PM

History has shown India has overcome every challenge, be it social or economic

- PM Modi