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Economic Times | 01 Sep, 2020 | 05.47PM IST
Live updates: India to be among the large emerging market sovereigns with highest debt burden by 2021
Moody's said, pandemic-induced deterioration in growth and fiscal dynamics will leave most large emerging market sovereigns with higher debt burdens.
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Hyderabad: Ganesh idol immersion underway at Hussain Sagar Lake in the city
Hyderabad: Ganesh idol immersion underway at Hussain Sagar Lake in the city #GaneshVisarjan https://t.co/5O0sYpggaz
— ANI (@ANI) 1598962369000So far, over 12.5 lakh Domicile Certificates have been issued. These have been issued mostly to those who were erstwhile permanent residents or holders of Permanent Resident Certificates. Process will be further accelerated: Rohit Kansal, J&K Principal Secretary (Power & Info)
Vice Admiral SR Sarma assumed charge as the Chief of Materiel, of the Indian Navy today.
5 AK series rifles, 6 pistols, 23 grenades&more than 1200 rounds of ammunition recovered in Rampur sector along LoC. Pak's modus operandi is to dump weapons close to LoC, thereafter, they task OGWs to smuggle these weapons into Kashmir: Virendra Vats, GOC,19th Division, Baramulla
5 AK series rifles, 6 pistols, 23 grenades&more than 1200 rounds of ammunition recovered in Rampur sector along LoC… https://t.co/KuHOFmnSBa
— ANI (@ANI) 1598960218000Delhi CM Arvind Kejriwal has written to the PM over GST compensation to States. The letter states that the 2 options given by the Ministry of Finance, which require the States to borrow loans and then meet the repayment liabilities will put an onerous burden on the States.
Goa: Restaurants & bars reopen in Panaji after state govt allows restaurants & bars to operate from today as part of UNLOCK 4
President Goa Hotel & Restaurant Associations says,“It’s a welcome gesture by govt. By Nov/Dec,we hope we'll have some sizeable tourism business in Goa”
India among large emerging mkt sovereigns to have highest debt burden by 2021: Moody's
French President Macron says he will use his weight so a new Lebanese government is formed, and reforms are implemented
NGT directs functionaries of UP government to monitor compliance of its directions in Mathura
All 13 members of CSK contingent have tested negative, training likely to start on Sept 4: CSK CEO
Earthquake of magnitude 2.5 on the Ritcher scale occurred today at 15:47:00 IST in Palghar, Maharashtra: National Centre for Seismology (NCS)
Accused Waiz-Ul-Islam (in Pulwama terror attack case) has filed an application for bail as he wants to appear for NEET exams. Bail listed for 3rd September. We are opposing this application: NIA counsel Vipin Kalra, Jammu
Accused Waiz-Ul-Islam (in Pulwama terror attack case) has filed an application for bail as he wants to appear for N… https://t.co/xxZ8xgnVba
— ANI (@ANI) 1598958401000Odisha: Forest officials seized 19.6 kgs of elephant tusk and three arrested persons in Keonjhar, yesterday. Further probe underway
Odisha: Forest officials seized 19.6 kgs of elephant tusk and three arrested persons in Keonjhar, yesterday. Furthe… https://t.co/uhkIShEiP5
— ANI (@ANI) 1598957777000Tamil Nadu: Metropolitan Transport Corporation (MTC) bus services restored in Chennai, after state government relaxed lockdown restrictions
Western Railways (WR) will run 46 additional special suburban services in Mumbai from 1st to 6th September, for the convenience of JEE & NEET aspirants: PRO, Western Railway
Five Bangladesh nationals including one minor apprehended for crossing the international border with the support of human traffickers in the border area of Nadia district, West Bengal: Border Security Force
Bihar: Narcotics Control Bureau, Patna Zonal Unit seized 589.4 kgs of ganja (cannabis) from a container Truck on August 30; 5 persons have been arrested
Mumbai bid farewell to Lord Ganesh
Maharashtra: Lord Ganesh idols being taken for immersion in Mumbai; visuals from Juhu Beach. #GaneshVisarjan https://t.co/NuKvwq5M3W
— ANI (@ANI) 1598955511000Sensex ends 272.51 pts higher at 38,900.80; Nifty rises 82.75 pts to 11,470.25
Hope UP govt will release Kafeel Khan without any 'malice': Priyanka Gandhi
Rajasthan reports 670 new COVID-19 cases, 6 deaths
August receives 27 pc more rainfall, fourth highest in 120 years: IMD
Railways to make announcement for the new special trains will be made in a couple of days: PTI
Army busts 2 hideouts along LoC, seizes 5 AK rifles, 21 grenades
Ashok Leyland August sales down 31 pc at 6,325 units
Ruining of country's economy began with demonetisation. Since then, Centre introduced one 'erroneous' policy after another
- Rahul Gandhi
Samsung heir Lee Jae-yong indicted on charges of stock-price manipulation and other financial crimes
- The charges against Lee and other Samsung officials include stock-price manipulation, breach of trust, and auditing violations related to the 2015 merger between Samsung C&T Corp and Cheil Industries
- Some legal experts say Lee could be sentenced to another term in jail if convicted again.
- In May, Lee, who runs the group as vice chairman of Samsung Electronics, expressed remorse over causing public concern but did not admit to wrongdoing
More special trains are being planned, state governments are being consulted
- Ministry of Railways
India's real GDP expected to contract by 5.2 pc in FY21: Motilal Oswal
- Motilal Oswal Financial Services said that real GDP turnaround will be much slower than expected
- As per Motilal Oswal Financial Services, real GDP to contract by another 4.5 per cent in Q2 and grow by 1.3 per cent and 5 per cent in Q3 and Q4.
- In its EcoScope report, the financial services firm said while a contraction in GDP was obvious, the actual fall of 23.9 per cent in Q1 was surprising.
We have obtained all necessary permissions for IPL matches in Dubai, Abu Dhabi & Sharjah. A protocol has been created by the relevant authorities which will see the teams be able to travel directly to the venues & return to their hotels, without having to undergo quarantine
- Emirates Cricket Board
Honda launches new variants of City in India; price starts at Rs 9.29 lakh
Fairly widespread to widespread rainfall with isolated heavy falls, thunderstorm, lightning very likely over Rayalaseema, coastal & south interior Karnataka, Kerala & Tamilnadu during next 3-4 days. Isolated heavy to very heavy falls very likely over Odisha on 1st & 2nd Sept: IMD
Gainers and losers in tourism and hospitality sector
Price as on 01 Sep, 2020 02:40 PM, Click on company names for their live prices.
M&M posts 65% jump in tractor sales in August
COVID-19: Delhi govt's next round of sero-survey begins; to be done ward-wise
Rupee appreciates 73 paise to settle at 72.87 (provisional) against US dollar
On 30 Aug, suspicious movements detected along LoC in Rampur Sector, Baramulla district
Movement was from a village close to LoC &suspects had crossed into Indian territory. Their move was kept under constant surveillance: Chinar Corps, Indian Army.
China's border troops never crossed the line. Perhaps there are some communication issues
- Hua Chunying, Chinese Foreign Ministry Spokesperson
China never provoked any war or conflict and never occupied an inch of other country's territory
- Hua Chunying, Chinese Foreign Ministry Spokesperson
Power consumption almost at normal level, slump narrows to just 0.85% in August
Toyota Kirloskar sales dip 48% to 5,555 units in August
Mahindra August sales dip 16% to 30,426 units
Bangladesh Mission in Delhi to hold special condolence meeting tomorrow, for former President Pranab Mukherjee.
Russia's virus cases exceed 1 million, globally 4th highest
Air Intelligence Unit in Kannur seized 1024 grams gold in compound form (937 grams extracted) valued at Rs 46 lakhs.
One passenger has been arrested, further investigation is underway: Commissionerate of Customs (Preventive), Kochi
Real GDP likely to contract by 10.9 per cent in FY21: SBI Ecowrap
After the country's economy contracted by a record 23.9 per cent in April-June quarter, real GDP for FY21 is expected to shrink by 10.9 per cent, according to State Bank of India's research report - Ecowrap.
The mortal remains of Pranab Mukherjee being taken from his residence to Lodhi Crematorium
Delhi: The mortal remains of former President #PranabMukherjee being taken from his residence, 10 Rajaji Marg, to L… https://t.co/2oiEE91QBg
— ANI (@ANI) 1598945728000Bars, pubs in Karnataka allowed to resume service from September 1
- The order by the Excise Commissioner said such relaxations were already in place in states like Assam, Punjab, Haryana, and Rajasthan.
- It also cites government's revenue as one among the reasons for the decision.
- The Karnataka government had in May had allowed sale of liquor through MRP outlets.
The judgement is a relief for Bharti Airtel as they won't have to pay for old dues of companies from whom they bought spectrum. The window for vodafone to raise funds, have better models and give paybacks commitment is small which is adding the pressure on the stock
- Abhimanyu Sofat, Head of Research, IIFL Securities on AGR verdict
Rajeev Kumar assumes charge as the new Election Commissioner of India
He joins the Election Commission of India with Chief Election Commissioner Sunil Arora and Election Commissioner Sushil Chandra. (Source: ANI)
August receives 27 per cent more rainfall, fourth highest in 120 years
This is also one of the rainiest months of August recorded. The August of 1926 saw 33 per cent more rainfall than normal, the highest precipitation recorded so far in the month; 1976 recorded 28.4 per cent more rainfall than normal, while the August of 1973 recorded 27.8 per cent than normal. This year saw 27 per cent rainfall.
Not all borrowers can be treated the same. Hence there will be no across the board waiver of interest on loan moratorium. Benefits can be considered for worse hit
- Govt tells SC in an affidavit
What happened to my family in Punjab beyond horrible...deserve to know who did this
- Suresh Raina reacts to attack on aunt's family
BPCL will commission Bokaro LPG bottling plant in December
Delhi High Court's 5 benches, on a rotational basis, begin holding physical courts from today
28 new cases push COVID-19 tally of Andamans to 3,132; death toll mounts to 46
Vodafone Idea cracks 18% as SC tells firm to pay AGR dues in 10 years against 15 years sought by the firm
Price as on 01 Sep, 2020 12:10 PM, Click on company names for their live prices.
Existing bank guarantee given to be kept alive and Managing Director to give the undertaking to comply with the schedule
- SC
Bharti Airtel rises while Vodafone Idea falls sharply after AGR Verdict
Price as on 01 Sep, 2020 11:56 AM, Click on company names for their live prices.
SC clarifies again that no revaluation as regards AGR dues to be allowed
Reports Bar and Bench
