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US Treasury Secretary Steven Mnuchin tried to save the economy. But not even his family is happy

Treasury Secretary Steven Mnuchin was the chief architect of historic $2.2-trillion economic rescue plan. But even members of Mnuchin’s immediate family was not happy with him; his liberal father said he was appalled by his son’s politics.

from News-Economic Times https://ift.tt/3jwQSQq

With a wary eye on China, Taiwan moves to revamp its military

Jets, helicopters and artillery and missile batteries fired live ammunition at targets offshore, sending plumes of sea spray into the air. Then, a few hours later, a military helicopter taking part in the same exercise crashed at an airfield farther up the coast, killing two pilots and casting a shadow over the show of force.

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India’s 1st female cardiologist dies of Covid at 103

Until late 2015, Dr SI Padmavati was working 12 hours a day, five days a week at NHI, which was founded by her in 1981. Such was her contribution that it earned her sobriquet of the ‘Godmother of Cardiology’.

from News-Economic Times https://ift.tt/3jv8hcw

Trump embraces fringe conspiracy theories on protests and the coronavirus

In a concentrated predawn burst, the president posted or reposted 89 messages, many of them inflammatory comments or assertions about violent clashes in Portland, Oregon, where a man wearing the hat of a far-right, pro-Trump group was shot and killed Saturday after a large group of Trump’s supporters traveled through the streets.

from News-Economic Times https://ift.tt/3gCnHd6

Big Oil is in trouble. Its plan: flood Africa with plastic.

The United States and Kenya are in the midst of trade negotiations, and the Kenyan president, Uhuru Kenyatta, has made clear he is eager to strike a deal. But the behind-the-scenes lobbying by the petroleum companies has spread concern among environmental groups in Kenya and beyond that have been working to reduce both plastic use and waste.

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Stock market news: Reliance Industries shares rise over 1%

A total of 87,856 shares changed hands on the counter till 09:28AM (IST).

from Stocks-Markets-Economic Times https://ift.tt/31HDAL7

Women in Research and development: Private sector outshines PSUs

At least seven out of every 10 women employed by private R&D facilities are involved in research, whereas not even half of the female staff in government-aided scientific agencies have the same role, according to the latest edition of Science and Technology Indicators (STI-2019-20) compiled by the Government of India’s department of science and technology that was released this month.

from Jobs-Economic Times https://ift.tt/3hIwPOx

There is corruption, and law and order problems in Bihar, says Yashwant Sinha

The urge to get back into active politics arose from the situation I witnessed following the lockdown announced on March 24. The heartrending scenes of migrant labourers walking back, most of them are from Bihar and Jharkhand, left with no jobs, no food and now no work at home, said Yashwant Sinha.

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In a first in India, RPG allows all sales employees to now work from home permanently

​The $4 billion group, which has a presence in tyres, IT, health, energy, infrastructure and plantations, has framed a new policy wherein all its sales people will permanently work remotely, whileother employees would WFH 50% of the time. For office-based staff, this can extend to 75% in special cases.

from News-Economic Times https://ift.tt/3lwGBWh

Labour reforms: After Centre's push, states explore ways to house migrants better

Gujarat’s new industrial policy launched on Saturday talks about dormitory housing for migrant workers near industrial zones under state and central urban housing schemes, while some others including Haryana, Tamil Nadu and Karnataka are working on similar policies, people aware of the development told ET.

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GDP numbers out today: India’s economy faces worst quarterly slump ever after lockdown

Economists in a Reuters poll predicted that gross domestic product in world's fifth-largest economy will contract by 18.3% in the June quarter, compared to 3.1% growth in the previous quarter, the worst performance in at least eight years.

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Watch: Why you will hear of worst GDP fall today?

On Monday evening you may hear the worst news on the Indian economy since Independence. The country's national income--called Gross Domestic Product or GDP-- is likely to show a fall of 15% to 30% in the first quarter of the current financial year over the same quarter of last year. This will be the first negative growth in GDP since its quarterly estimates were started in the 1990s. Watch this video for a detailed review.

from Times of India https://ift.tt/3hHRkuZ
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IPL 2020: MI-CSK opener in doubt

Absolute chaos has begun to reign in the UAE, where the Indian Premier League (IPL) franchises have stationed themselves along with the operations team of the BCCI and the agencies brought on board. While the IPL authorities have their hands full dealing with the 'Covid mess' that erupted in the CSK camp, the remaining franchises say, "we have not heard anything from the BCCI-IPL ever since we flew in here".

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Top10: How bad could India’s GDP numbers get?



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SGX Nifty up 40 points; here's what changed for market while you were sleeping

Nifty futures on the Singapore Exchange traded 42 points, or 0.36 per cent higher at 11,732.50, in signs that Dalal Street was headed for a positive start on Monday.

from Stocks-Markets-Economic Times https://ift.tt/3gCil1u

IDBI Bank tags Muthiah ‘wilful defaulter’

IDBI Bank has declared industrialist A C Muthiah as a ‘wilful defaulter’ after First Leasing Company of India, which he co-promoted, failed to repay a loan of Rs 508 crore.

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Asian stocks reach 29-month top, China services surprisingly strong

E-Mini futures for the S&P 500 climbed another 0.5%, while EUROSTOXX 50 futures added 1%.

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Stocks in the news: Reliance Industries, Future Retail, RBL Bank, Adani Ports, Shree Renuka and Suzlon

More than 100 companies are slated to report their June quarter results on Monday.

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Bank index likely to outperform Nifty, test 26,300 soon

“The index could outperform the Nifty for now and test the 26,300 mark over the next few sessions,” said Rajesh Palviya of Axis Securities.

from Stocks-Markets-Economic Times https://ift.tt/3jutMtM

Future buyout to add more steam to RIL stock

To be sure, the valuation offered by Reliance Retail to acquire 13.14 per cent in Future Enterprises may not be the most accurate benchmark as the investment amount is only 10 per cent of the entire deal transaction, and details of the agreement are unknown.

from Stocks-Markets-Economic Times https://ift.tt/32Hf5wK

YES Bank tightens noose around Jet Airways founder Naresh Goyal

The private sector lender has initiated the process to categorise Goyal and his wife Anitia as `wilful defaulters’. A ‘wilful defaulter’ tag by banks may stain the reputation of persons and restrict their ability to borrow and hold board positions in companies.

from Stocks-Markets-Economic Times https://ift.tt/2YQDWNH

Hit by Covid-19, Nashik currency press stops ops

The Currency Note Press (CNP) and India Security Press (ISP) in Nashik will suspend operations for four days from Monday as 40 workers from both facilities have tested positive for Covid-19 in the past two weeks. The CNP prints around 17 million currency notes of various denominations while the ISP prints revenue stamps, stamp papers, passports and visas. The CNP has 2,300 permanent employees and the ISP 1,700.

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Covid hits 87k medics: IMA asks PM for better care

The Indian Medical Association (IMA) has written to PM Modi drawing his attention to over 87,000 healthcare workers who have got infected with Covid-19 and another 573 who have lost their lives and called for more care for their welfare.

from Times of India https://ift.tt/3gICQJN
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19-year-old PLA soldier’s grave proof of China’s Galwan losses?

Defence ministry sources confirmed that the photograph of a 19-year-old Chinese soldier’s gravestone has indeed surfaced on Chinese social media.

from News-Economic Times https://ift.tt/3hG1YSZ

With a spike of 78,761 new cases, India's COVID-19 tally crosses 35-lakh mark

India's COVID-19 tally zoomed past 35 lakh, just a week after it crossed the 30-lakh mark, with a record single-day spike of 78,761 cases, while recoveries surged to 27,13,933 on Sunday, according to the Union Health Ministry data.

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PM Modi recalls sacrifice of Imam Hussain

Imam Hussain's emphasis on equality as well as fairness is noteworthy and gives strength to many, the prime minister said.

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View: The G23 question won’t go away, is Congress ready to introspect?

Even if the revolt loses steam, it will not bury the issues raised by the letter such as the need for internal democracy and urgent corrective measures if Congress has any hope of matching Prime Minister Narendra Modi and the BJP. The letter does not name names, but the reference to parliamentary party meetings being reduced to “a customary address by the CPP leader and obituaries” and CWC failing to mobilise public opinion is as plain as it gets.

from News-Economic Times https://ift.tt/2QBoiRB

Poor coverage of measles vaccine holding back India’s full immunisation

The poor coverage of measles vaccination and later doses of basic vaccines like those for polio, diphtheria, pertussis and tetanus (DPT) are pulling down the proportion of fully immunised children. This indicates a poor mechanism to track children already registered in the immunisation system despite a Mother and Child Tracking System (MCTS) being in place since 2009.

from News-Economic Times https://ift.tt/3hC90rI

View: American policy makers support the Quad, but does the public ?

The US backed Quadrilateral Security Dialogue (“Quad”), founded in 2007 and which includes Japan, Australia and India, is a “strategic forum” for routinized exchanges of information, summits, and joint military exercises.

from News-Economic Times https://ift.tt/31Cw6sK

Mann ki Baat live: PM Modi addresses nation

PM Modi is addressing the nation through the 68th edition of his 'Mann Ki Baat', his monthly address to the nation via radio. Stay with TOI for live updates

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Under ‘depression’, minor shoots mom, brother

In a sensational case, a minor girl, who is a national-level shooter, allegedly shot her mother and brother at her father's official residence in Lucknow on Saturday afternoon. The girl, the daughter of a top Railway officer, has confessed to her crime in presence of her grandparents. Prima facie, the crime has been committed under depression, police says.

from Times of India https://ift.tt/2QyXcdW
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IPL: Suresh Raina departure adds to CSK's woes

It seems there’s no end to Chennai Super Kings’ bag of miseries this season. A day after 12 members in the contingent tested Covid positive, their star batsman Suresh Raina decided to withdraw himself totally from the Indian Premier League (IPL) and fly back to India citing “personal reasons”.

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IPL 2020 can become a global benchmark: Shankar

Uday Shankar, chairman at Star India and the man working to bring the Indian Premier League’s 13th edition to viewers in India and across the world, says “even before a single ball has been bowled, this has already become the most unique IPL”.

from Times of India https://ift.tt/3gEkCt6
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GDP, auto sales data, PMI prints among 10 factors likely to drive stock market next week

Going by the buzz on Dalal Street, here are the top 10 factors which are likely to guide the market in the week ahead.

from Stocks-Markets-Economic Times https://ift.tt/3hBLBqp

Non-BJP states unhappy with GST relief plan, may forge joint strategy

The Centre on Saturday circulated two options for states to borrow and meet the GST shortfall, which will be repaid via an extension of the compensation cess beyond the June 2022 deadline.

from News-Economic Times https://ift.tt/3gGGgwL

Decoding the legacy of Shinzo Abe, Japan’s departing prime minister

After he had served nearly eight years in office, he said it was ailing health that led him to resign. The once-popular leader, however, had recently seen a decline in his standing with the Japanese people, and he was criticized for his handling of the country’s coronavirus epidemic and his support for an arrested member of his party.

from News-Economic Times https://ift.tt/32HgjYQ

Blog: Is Congress ready to introspect?



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iPhone SE to be made in India & other top tech news



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A pandemic financial guide for millennials: NYT

The uncertainty brought on by the pandemic may leave you worried about your financial stability. Here are some tips to help you manage your finances.

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US consumer spending rises strongly; outlook uncertain as fiscal stimulus fades

Consumers boosted purchases of goods like new motor vehicles. They also lifted spending on healthcare, dining out and hotel and motel accommodation

from Stocks-Markets-Economic Times https://ift.tt/3lukGzd

Three militants, assistant sub-inspector of J&K police killed in encounter

Three militants and an assistant sub-inspector of Jammu and Kashmir Police were killed in a gunfight on the outskirts of the city on Sunday, police said. Militants fired on a joint 'naka' of police and the Central Reserve Police Force (CRPF) at Pantha Chowk area late on Saturday night.

from News-Economic Times https://ift.tt/2G5mQVz

Joe Biden, aiming at Donald Trump, says he won't use military as 'prop'

Joe Biden said on Saturday that as president, he would never use the military "as a prop or private militia" and accused President Donald Trump of employing U.S. forces to settle "personal vendettas" and violate citizens' rights.

from News-Economic Times https://ift.tt/3lvodgu

Blog: Education for Muslims needs a little self-help



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Unlock 4: Metro trains, political meets allowed; States to consult with Centre on local lockdowns

The Union Home Ministry on Saturday issued the Unlock 4 guidelines under which metro trains will be allowed to resume services from September 7 in a graded manner, while political, social and religious congregations of up to 100 people will be permitted from September 21.

from News-Economic Times https://ift.tt/3jsAKzz

PM to address nation through 'Mann Ki Baat' today

Earlier on August 18, Prime Minister Modi had asked people to share their inputs and ideas for the 68th edition of his monthly radio programme 'Mann ki Baat'.

from Times of India https://ift.tt/2QyTG3n
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Live: Bars, restaurants can serve booze from Sept 1

The govt of India on Saturday rolled out new Unlock 4 guidelines. According to the new rules, metro services will be operational from September 7, as schools and colleges will continue to remain shut. On Saturday, India recorded a recovery rate of 76.74%. Till now 26 lakh people have recuperated from Covid-19. Stay here for all updates.

from Times of India https://ift.tt/3jpaCFN
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Will FM answer how to describe mismanagement of economy before pandemic: Chidambaram

Sitharaman on Thursday had said the economy has been hit by the pandemic, which is an 'Act of God', and it will see a contraction in the current fiscal. Taking a swipe at Sitharaman over the remarks, Chidambaram said, "If the pandemic is an ‘Act of God', how do we describe the mismanagement of the economy during 2017-18, 2018-19 and 2019-20. Before the pandemic struck India?"

from News-Economic Times https://ift.tt/3ltHL53

Uttar Pradesh Congress leader demands expulsion of Ghulam Nabi Azad from party

Twenty-three Congress leaders wrote to party chief Sonia Gandhi, seeking an active and full-time party leadership among other organisational changes.

from News-Economic Times https://ift.tt/32zdpFD

Telangana reports 2.7K Covid-19 cases, recovery still lower than national average

In a bulletin on Saturday morning, the state public health department said nine persons had succumbed to the virus in the 24 hours till Friday night, taking the death toll to 808.

from News-Economic Times https://ift.tt/34HJLkf

Barbed wire in Kashmir: Security cordon to 'powering' homes

Barbed wire has become synonymous with images of security cordons, especially in the context of Kashmir. But for years the Valley has been putting it to an unusual use: supplying electricity to scattered households in rural and hilly areas, a recent survey of the union territory’s (UT) power distribution network has found. Thin galvanised iron wire is also used to power homes.

from Times of India https://ift.tt/32z7MqX
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Their home in the world



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Fed’s new plan to lift inflation faces skepticism

Fed policy makers meet again Sept 15-16 when they’ll have a chance to spell out how the new strategy will shape their policies aimed at pulling the US economy out of its worst downturn since the Great Depression.

from Stocks-Markets-Economic Times https://ift.tt/3gFMJrA

10 members of Andaman tribe test positive for coronavirus, officials on high alert

There are six notified scheduled tribes in the Union Territory of Andaman and Nicobar Islands. Except Nicobarese, the rest --Great Andamanese, Jarawa, Onge, Shompen and Sentinelese--are recognised as particularly vulnerable tribal groups(PVTGs).

from News-Economic Times https://ift.tt/31Dl5Hx

Indian heritage WWII spy Noor Inayat Khan gets honoured with blue plaque in London

World War II British secret agent Noor Inayat Khan has become the first woman of Indian origin to be honoured with a blue plaque in London. Khan worked as a British spy in Nazi-occupied France before being executed in a concentration camp, having revealed nothing to the Gestapo, not even her name. She posthumously received the George Cross.

from News-Economic Times https://ift.tt/31DsdUt

View: Rebuilding a sustainable economy post Covid requires a long-term strategy, not just short-term stimulus

A defining feature of the current economic crisis is the unprecedented fiscal and monetary stimulus packages being rolled out by the governments to provide relief and revive the economy. In India too, the focus is on the existing ‘brown economy’ and shovel-ready projects.

from News-Economic Times https://ift.tt/3lvaCWI

Three militants, one soldier killed in encounter in Jammu and Kashmir's Pulwama

Security forces launched a cordon and search operation in the Zadoora area of Pulwama district in south Kashmir during the night following specific information about the presence of militants there, a police official said.

from News-Economic Times https://ift.tt/3jhGagO

Good rainfall helps farm sector post record kharif crop acreage despite Covid-19 and floods

As on Friday, the total acreage was reported at 1,082 lakh hectares against 1,010 lakh hectares during the corresponding period last year – an increase by over 7%. Sown areas of mainly paddy, oilseeds and pulses contributed to this increase.

from News-Economic Times https://ift.tt/34M0piy

Ten practical leadership lessons: Congress offers a crucial management case study- What not to do as a leader

This isn’t a column on how Congress can revive itself. The joke will be on me for having any such hopes, especially after the recent inconsequential Congress Working Committee meeting. However, Congress offers excellent lessons on what not to do as a leader.

from News-Economic Times https://ift.tt/32EVXPW

Razed Aravali farmhouses had jacuzzis, lounges

Lush green lawns, badminton courts, jacuzzis, open gyms and lounges, the government team bringing down illegal farmhouses in the Bandhwari area for the last three days discovered that the two biggest premises, which they took the bulldozers to on Friday, were also the most luxuriously appointed.

from Times of India https://ift.tt/2GbC6AB
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Musk wants to put ‘Fitbit-like’ device in your brain



from Times of India https://ift.tt/3lvnkED
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Wall Street Weekahead: Value bulls bang drum for cheap stock resurgence on Fed, vaccine hopes

The Russell 1000 Value index trades at almost 18 times earnings, up from 14 a year ago, and is up some 45 per cent since late March.

from Stocks-Markets-Economic Times https://ift.tt/3hFSYwS

After public sector banks reforms, govt set to overhaul PSU appointments

The Public Enterprises Selection Board (PESB) has proposed to hold interviews for all jobs of chairman and managing directors of a group of PSUs or directors for human resources and finance at the start of the year, instead of looking for candidates for individual companies.

from News-Economic Times https://ift.tt/2QAa8jH

CSK's pre-departure camp under scanner

Chennai Super Kings player Deepak Chahar, who has tested positive for Covid-19, can return to training only after a 14-day quarantine period, following which he will have to test negative twice, 24 hours apart, before being permitted to re-enter the bio-secure zone. The Indian cricket board (BCCI) insisted there was no immediate threat to the IPL, which is scheduled to start from September 19.

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10 fun keyboard apps for your Android phone



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‘Chile’s hummingbirds make ‘living nests’



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'Black Panther' star Chadwick Boseman dies at 43

Actor Chadwick Boseman, who played Black icons Jackie Robinson and James Brown before finding fame as the regal Black Panther in the Marvel cinematic universe, died Friday of cancer, his representative said. He was 43. Boseman died at his home in the Los Angeles area with his wife and family by his side. Boseman was diagnosed with colon cancer four years ago, his family said in a statement.

from Times of India https://ift.tt/3joO87J
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Covid test must for MPs entering House

Decision to this effect was taken in a meeting chaired by Lok Sabha Speaker Om with senior officers and experts of health ministry, AIIMS, ICMR, DRDO, and health department of Delhi on Friday to give final shape to preparations for the session.

from Times of India https://ift.tt/3bawSAu
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House panel meeting likely to be stormy

The sitting of the standing committee on information technology scheduled on September 2 is expected to be a stormy affair and might see Facebook representatives caught in a crossfire with the rival sides preparing to grill them for allegedly favouring the other.

from Times of India https://ift.tt/2YHDZeo
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India now No.3 in Covid toll; 1,000+ deaths for 4 days running

India’s Covid-19 death toll surged to the third highest in the world after overtaking Mexico on Friday, even as the pandemic numbers continued to swell in the country with the daily count of fresh cases staying above 76,000 for third day running and fatalities over 1,000 for the fourth straight day.

from Times of India https://ift.tt/3b8GfQR
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Trump, Republicans attack Joe Biden amid coronavirus crisis, street protests

With the country reeling from the pandemic and a wave of anti-racism protests, several speakers on Thursday argued that state and city Democratic leaders, not the Trump administration, were to blame for the racial strife convulsing U.S. cities, including Kenosha, Wisconsin, where this week police shot and paralyzed a Black man.

from News-Economic Times https://ift.tt/3jebiOe

Animal spirits stir, fresh data shows Indian economy probably past the worst phase

The pickup in the gauge, which uses the three-month weighted average to smooth out volatility in the single-month readings, holds out hope for a gradual recovery. The world’s biggest lockdown brought activity to a virtual halt last quarter, with data due Aug. 31. likely to show gross domestic product declined 19.2% from a year ago.

from News-Economic Times https://ift.tt/34LqSgp

Delhi master plan 2041: Delhi Development Authority chalks out citizen engagement strategy

"The public engagement strategy is being pursued rigorously. These meetings are scheduled to be conducted during the months of September and October with various stakeholders and citizen groups such as RWAs, market and trader associations, industry associations, informal sector, women, children and youth, professional bodies and associations etc," the DDA said in a statement.

from News-Economic Times https://ift.tt/2Qxo65S

Still have ability in white-ball cricket: Rahane

Ajinkya Rahane made his disappointment over being ignored for last year's 50-over World Cup tournament very clear. "I was actually thinking I will be there in the World Cup batting at No. 4…as a player everyone wants to be a part of the World Cup team, especially when you know you have worked really hard, your record in the past was really good," Rahane said.

from Times of India https://ift.tt/34FrN1O
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'US to 'crush' Covid-19 with vaccine this year'

"The entire planet has been struck by a new and powerful invisible enemy. Like those brave Americans before us, we are meeting this challenge. We're delivering life-saving therapies. And we'll produce a vaccine before the end of the year, or maybe even sooner," Trump said.

from Times of India https://ift.tt/34Ee37t
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'Weak' Biden will destroy US: Donald Trump

President Donald Trump warned Thursday that his election opponent Joe Biden wants to destroy "American greatness" in a speech accepting the Republican nomination for a second term against a backdrop of explosive racial tensions and the deadly coronavirus pandemic.

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Redmi 9 vs others: Best new phone under Rs 10K



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SC verdict today on UGC guidelines for exams

The Bench of Justices Ashok Bhushan, R Subshash Reddy, and MR Shah had reserved judgement in this matter on August 18 after a detailed hearing spanning over two days. The Bench is scheduled to pronounce its verdict on Friday in petitions seeking cancellation of final year exams.

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Amazon’s answer to Apple Watch, Fitbit & others



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PM: India to be reliable arms supplier to ‘friends’

India will not only establish a strong defence industrial base but also become a reliable arms supplier to friendly countries in the years ahead, which will further consolidate its strategic partnerships and position it as the “net security provider” in the Indian Ocean Region, PM Narendra Modi said on Thursday.

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No honest review of poll failure: Cong's G-23

Even 14 months after the 2019 elections, Congress has failed to undertake an honest introspection to analyse the reasons for its continued decline and the erosion in its base, the group of 23 dissident members have said in their letter to party chief Sonia Gandhi.

from Times of India https://ift.tt/32wZDmL
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SGX Nifty up 30 points; here's what changed for market while you were sleeping

Nifty futures on the Singapore Exchange traded 29.50 points, or 0.25 per cent higher at 11,627.50, in signs that Dalal Street was headed for a positive start on Friday.

from Stocks-Markets-Economic Times https://ift.tt/2QtKgpN

Bankers raise alarm over negative returns

According to data released by the government, consumer inflation — that is year-on-year growth in consumer price index — was close to 7% in July, with food inflation being higher at 9.6% due to supply disruptions during the pandemic.

from Stocks-Markets-Economic Times https://ift.tt/3lpp0zF

Future Enterprises board meets tomorrow to seal RIL deal

The acquisition could give Reliance Retail sway over a network of nearly 1,800 stores and bring in Rs 26,000 crore in additional sales that will help RIL control more than a third of India’s organised retail market.

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