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China’s official history now portrays Zhong’s trip as the cinematic turning point in an ultimately triumphant war against COVID-19, when he discovered the virus was spreading dangerously and sped to Beijing to sound the alarm. Four days later, on Jan. 23, China’s leader, Xi Jinping, sealed off Wuhan.
Oberoi Realty Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 20650.79 Crore) operating in Real Estate sector.
"In their own interest, governments should prepare for a rise in interest rates and not pretend that their debt burden can be serviced easily," said Bundesbank President Jens Weidmann.
Zhong Shanshan, 66, isn’t involved in politics and his business interests aren’t entwined with other rich families such as the property tycoons, which is why he’s known locally as the “Lone Wolf.”
"We have won 50%. We are moving towards a full win and are hopeful of the three farm bills being repealed and a legal bill coming on MSP after the next meeting on January 4," farm leader Balbir Singh Rajewal said.
However, in all cases the ruling party in the state held the session as it wanted key legislations, like the bill against "love jihad" and supplementary budgets, or resolutions (e.g. against the three farm laws in non-BJP ruled states) passed. In all cases, be it Parliament or a state assembly, the opposition wanted the winter session to be held and the government concerned bowed to the demand ostensibly only to pass its favoured bills.
The upbeat mood, reflected in overnight gains on Wall Street, drubbed the "safe-haven" dollar and drove currencies such as the euro, sterling, the Australian dollar and the New Zealand dollar overnight to highs not seen in more than 2-1/2 years.
Indian economy has shown resilience amid Covid and low GoI debt creation may aid recovery. But without deep reforms new normal will be 6%, not 8%
Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday, buoyed by hopes that COVID-19 vaccine rollouts will help the world beat the pandemic.
International funds which allocate money in overseas markets also benefited as investors disappointed in the performance of domestic equity schemes shifted a portion of their money to these products.
YES Bank board has approved promotion of Niranjan Banodkar as the Group Chief Financial Officer (CFO).
In the notification, the authority said that the domestic industry has submitted that it is currently going through a deep crisis due to the prolonged lockdown in India.
Indian economy has shown resilience amid Covid and low GoI debt creation may aid recovery. But without deep reforms new normal will be 6%, not 8%
The volumes show liquidity is not a major issue for the Indian retail investor. Volumes are unlikely to go down drastically because of a sharp market rally, increase in client margin through pledge of shares and a gradual streamlining of the process.
Term deposits – contributing almost 60% of total deposits – moderated, reflecting the easing of interest rates and the lure of returns on competing asset classes. Term deposit growth of private banks decelerated sharply even as it quadrupled in public sector banks, Reserve Bank of India said.
The improvement that IT companies have been seeing after the slump in the June quarter is expected to continue in the December quarter and after.
Asian shares retreated as investors cashed in on a recent rally, while the euro flirted with highs not seen in more than 2-1/2 years on as hopes of a gradual global economic recovery supported demand for riskier currencies.
Future group firms have started getting large orders from Reliance Industries, its CEO Kishore Biyani said in an email to his employees.
Analysts are also forecasting lower credit provisions and better profitability for banks in the next fiscal year starting April 1, on the back of improved asset quality with a quick economic turnaround.
Biden's prediction of a grim winter appeared aimed at lowering public expectations that the pandemic will be over soon after he takes office on Jan. 20, while also sending a message to Congress that his administration will want to significantly increase spending to expedite vaccine distribution, expand testing and provide funding to states to help reopen schools.
“At this stage in India, when ‘R0’ has come down to below one in all states then the epidemic in India is self-limiting in that sense...so, if it is self-limiting, then should we be financing it (Covid-19 vaccine)?” Indu Bhushan, CEO of Ayushman Bharat scheme, said at a webinar on Tuesday.
The case, which is currently being probed by the ED, the National Investigation Agency, and the Customs Department, pertains to the smuggling of gold in the state through diplomatic channels.
Government spending is key to staving off a prolonged crisis in the nation that’s home to the world’s second-largest coronavirus outbreak.
Last week, seven Taliban terrorists were killed after the Afghan military foiled an attack on security checkpoints in the southern Afghan district of Zheria.
Mumbai's two representative observatories - Colaba in the city and Santacruz, a suburb, recorded minimum temperatures of 17°C and 15°C respectively, 3 degrees below their normal values. Hill stations Matheran (17°) and Mahabaleshwar (14.9°), popular weekend getaway spots close to the island city saw similar temperatures as well.
About 4.4% of those tested were found to have specific antibodies that can fight off the pathogen that causes Covid-19, indicating they were infected sometime in the past, according to a serological survey of more than 34,000 people conducted in April by the Chinese Center for Disease Control and Prevention.
After he and Vice President-elect Kamala Harris were briefed by their transition teams on national security, Biden said that political appointees at the Pentagon as well as the Office of Management and Budget had put up "roadblocks."
The government had banned exports in September this year as prices were rising after a low harvest. Major buyers of Indian onions include Indonesia, Malaysia, Sri Lanka, Nepal and Middle East.
Bollywood star Akshay Kumar was the top celebrity endorser on television, followed by superstar Amitabh Bachchan while cricketers MS Dhoni and Virat Kohli together accounted for 66% of the overall TV ads using celebrities, the report added.
The RBI also expressed concern over rolling back the policy support given to banks to deal with the Covid-19 pandemic in the last eight months.
ICICI Securities raised the targets on HDFC Bank, Axis Bank, SBI, IndusInd Bank, Bandhan Bank, Federal Bank, DCB Bank, Kotak Mahindra Bank, City Union Bank and YES Bank by 13-57 per cent
The stronger and the deposit-taking NBFCs may however fare better as many have reported strong revival in disbursements and collections, almost to pre-COVID levels, the regulator observed.
The pandemic found three of the world’s most prominent democracies shockingly underprepared, governed by leaders as incompetent as they were deluded and encumbered with states that had steadily rendered themselves incapable of performing their most basic duty: protecting human lives.
The software products business will be acquired by a newly formed company named Azentio Software, wholly-owned by the Apax Funds, a statement said.
