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Star-studded commentary panel for IPL 2020
Former South Africa all-rounder JP Duminy will be making his debut on the world feed and will be joined by an exquisite host of experts that include Harsha Bhogle, Mark Nicholas, Simon Doull, Ian Bishop, Michael Slater, Danny Morrison, Deep Dasgupta, Rohan Gavaskar, Pommie Mbangwa, Darren Ganga, L Sivaramakrishnan, Murali Kartik, Sunil Gavaskar, Kevin Pietersen, Anjum Chopra, Lisa Sthalekar and Kumar Sangakkara.
Very best wishes to my friend Prime Minister Narendra Modi on his 70th birthday. I hope to see you soon
– Prime Minister of the UK, Boris Johnson
Supreme Court reserves its judgement for September 21 on the petition challenging the decision of National Law School of India University (NLSIU), Bangalore to conduct its separate entrance exam for this year. The judgement to be delivered on Monday, 21st September.
Pandemic-caused recession will last longer in some countries than in others and will exacerbate inequalities as the poorest will be harder hit by the crisis in rich countries and the poorest countries will be harder hit than richer countries
– World Bank’s chief economist Carmen Reinhart
US charges 5 Chinese citizens in global hacking campaign
The Justice Department has charged five Chinese citizens with hacks targeting more than 100 companies and institutions in the United States and abroad, including social media and video game companies as well as universities and telecommunications providers, officials said Wednesday.
Global economic recovery may take 5 years, World Bank chief economist says
Flipkart plans to list overseas in 2021; eyes $50 billion valuation
- Flipkart is preparing to tap the public markets as early as 2021, in the US or Singapore
- The firm may be valued at $50 billion, as per the report
- The current $25 billion valuation was ascribed to it when it raised $1.2 billion in July in a round led by Walmart
Toyota Kirloskar Motor reiterates its commitment to Indian market
Toyota Kirloskar Motor (TKM) on Thursday said it remains deeply committed to the Indian market and its national objectives, refuting once again the claims by a senior company official earlier that it would stop further expansion in India due to high taxes.
Himachal Pradesh records 77 new COVID19 cases today
BS Yediyurappa to meet PM Modi tomorrow
I will discuss various developmental projects of the state: Karnataka Chief Minister BS Yediyurappa
Ashok Leyland bags orders for 1,400 ICVs from logistics start-up Procure Box
India ranks 116 in World Bank’s Human Capital Index
In the present situation, there are sensitive operational issues which I cannot detail
– Defence Minister Rajanth Singh on India-China border issue
SC dismisses plea by SBI seeking vacation of stay on personal Insolvency and Bankruptcy Proceedings against Anil Ambani
SC directs for HC to consider the issue on October 6, Says SBI at liberty to seek a modification of stay order.
The situation this year is very different both in terms of scale of troops involved & no. of friction points
– Defence Minister in RS
There are several friction areas in Eastern Ladakh including Gogra, Kongka La and North and South Banks of the Pangong Lake
– Defence Minister in RS
Chinese side has mobilized a large number of troops and armaments along the LAC as well as in the depth areas
– Rajnath Singh
The amassing of the troops by China goes against the 1993 & 1996 Agreements. Respecting and strictly observing Line of Actual Control is the basis for peace &tranquility in the border areas
– Rajnath Singh
We made it clear to the Chinese side both through diplomatic and military channels that China was, by such actions,attempting to unilaterally alter the status quo
– Rajnath Singh
In addition, under the so-called Sino-Pakistan ‘Boundary Agreement’ of 1963, Pakistan illegally ceded 5,180 sq. km. of Indian territory in PoK to China
– Defence Minister in RS
China continues to be in illegal occupation of approx 38,000 sq. kms in the Union Territory of Ladakh.
China also claims approximately 90,000 sq. kms. of Indian territory in the Eastern Sector of the India-China boundary in Arunachal Pradesh
– Defence Minister Rajnath Singh in Rajya Sabha
China does not accept traditional alignment of border: Rajnath Singh
Under PM’s guidance, an expert group is looking at it & we have advanced planning in place. We are hopeful that by start of next year, vaccine will be available in India
– Health Minister Dr Harsh Vardhan in Rajya Sabha COVID-19
Voda Idea removes Priority 4G Network feature in RedX plan
Back in November 2019, when RedX was originally launched, Vi had said customers opting for the premium plan would enjoy upto 50% faster data speeds than its other postpaid plans. Subsequently, RedX was tweaked in May 2020, offering the “Priority 4G network” feature with faster data speeds.
Kerala gold smuggling case: Kerala High Court grants bail to 3 people, in the case registered by the Customs Department
Jharkhand’s COVID-19 caseload rises to 66,074 as 1,618 more people test positive
HC says it hopes media will show restraint in its reports regarding actor Rakul Preet in relation to Rhea Chakraborty case
HC asks Centre, Prasar Bharti, Press Council to treat actor Rakul Preet’s plea as representation and take decision expeditiously
Delhi HC seeks Centre’s stand on actor Rakul Preet Singh’s plea to stop broadcast of programs connecting her with Rhea Chakraborty drug case
Govt wasted the golden months to stop #COVID19: Ghulam Nabi Azad
WHO had sounded a warning in Dec 2019. As China is our neighbouring country, we should have been alert first. Congress’s Rahul Gandhi had also alerted that an epidemic was looming over us: Congress MP GN Azad in Rajya Sabha
General Motors faces unexpected bills as India-China tensions delay sale of India plant
- GM had planned to use the expected sale proceeds of $250 million-$300 million to pay off liabilities incurred with its exit from manufacturing in India in what one source said would have been a “no gain-no loss” situation.
- Although money will come through once the deal is done, it will now have to pay out of pocket for severance pay, some of which would never have occurred had the deal proceeded smoothly, as well as other costs – which could amount to a couple hundred million dollars, according to the second source.
India closely consulted all the stakeholders and engaged with US Administration and Congress on issues related to the movement of Indian professionals including those pertaining to the H1B visa programme
– V Muraleedharaan, MoS MEA in a written reply in Rajya Sabha
Mexico reports 4,444 new coronavirus cases, 300 deaths
Supreme Court to start hearing SBI’s plea against Anil Ambani today
SBI has moved to the apex court to recover dues from Anil Ambani by invoking his personal guarantee. The SC will hear the petition from today, reports Business Standard.
Prahlad Singh Patel tests positive for COVID-19
कल रात्रि में मेरी कोरोना रिपोर्ट पाजिटिव आई है,जो लोग मुझे मंगलवार को मिले थे उन्हें सावधानी बरतनी चाहिए @PMOIndia… https://t.co/AiHn6dJIRD
— Prahlad Singh Patel (@prahladspatel) 1600317974000
Showdown set as US to declare UN sanctions on Iran are back
In defiance of overwhelming opposition, the United States is preparing to declare that all international sanctions against Iran have been restored. Few countries believe the move is legal, and such action could provoke a credibility crisis at the United Nations.
100-year-old woman beats COVID-19 in Assam
- Her age may have posed a challenge but 100-year-old Mai Handique’s battle against COVID-19 was won by her positivity, doctors said on Thursday.
- Handique, Assam’s oldest COVID-19 patient, was discharged from the Mahendra Mohan Chowdhury Hospital (MMCH) in Guwahati on Wednesday, they said.
Rupee tumbles 24 paise to 73.76 against US dollar in early trade
Happiest Minds lists at 111% premium over issue price, beats DMart, IRCTC
- Shares of Happiest Minds Technologies witnessed a stellar debut on Thursday as the scrip got listed at Rs 351 on BSE, a 111 per cent premium over its issue price of Rs 166.
- With this, the stock beat the likes of IRCTC and DMart’s which delivered just over 100 per cent return on their debuts in recent years.
Gold prices slip below Rs 51,500
- Gold and silver prices slipped on early trade on Thursday tracking the trend in global markets and after the US Fed policy outcome late last night.
- The central bank in its policy statement also said it would keep rates at near-zero levels until inflation is on track to “moderately exceed” its 2 per cent inflation target “for some time.”
Today, the situation in Dharavi is under control: Sanjay Raut
My mother & my brother are infected with COVID. Many people in Maharashtra are recovering also. Today, the situation in Dharavi is under control. WHO has appreciated efforts of BMC. I want to state these facts as some members here were criticising the Maharashtra govt yesterday: Sanjay Raut, Shiv Sena
Banks drag Indian shares as China tensions, Fed weigh
Indian shares opened lower on Thursday, dragged down by banking and IT stocks, as China tensions remained in focus, while sentiment was subdued after the U.S. Federal Reserve failed to offer further stimulus.
Huawei phone prices rise in China on fears of chip shortage
Chinese consumers are rushing to buy smartphones from Huawei Technologies Co Ltd featuring its high-end Kirin chips, fearing curbs on the firm’s access to U.S. technology will soon cut off production of its premium handsets.
Most active stocks on NSE
Price as on 17 Sep, 2020 09:40 AM, Click on company names for their live prices.
Opening session: Sensex drops 216.76 points to 39,086.09
Nifty sheds 44 points to 11,560.55
India’s COVID19 case tally crosses 51-lakh mark with a spike of 97,894 new cases
- Total case tally stands at 51,18,254
- 10,09,976 active cases
- 40,25,080 cured/discharged/migrated
- 83,198 deaths
China’s Sinovac to test coronavirus vaccine candidate in teenagers, children
Chinese vaccine maker Sinovac Biotech plans to start a clinical trial of its experimental coronavirus vaccine with children and adolescents later this month, widening its test on a shot that’s already in the final stage of study with adults.
Bank of Japan maintains policy balance rate at -0.1% and maintains 10-year JGB yield target at about 0%
Reports ET Now quoting agencies
Pre-open session: Sensex rises 53 points, Nifty nears 11,650
A virtual meeting of National Security Advisors (NSAs) of BRICS nations scheduled to be held at 4 pm today
Bank of England gears up for next stimulus push
- The BoE has already cut interest rates to a record low 0.1% and ramped up its bond-buying programme to almost $1 trillion to soften the impact of the coronavirus shock.
- It has enough firepower to keep buying bonds until the end of 2020, so investors are expecting only a signal of intent to do more at the end of its September meeting.
Petrol price cut by 15 paise to Rs 81.40 in Delhi
Viral event: London Fashion Week opens with online focus
- London Fashion Week kicks off on Thursday with a live-streamed show from Burberry but without the hordes of industry insiders, A-listers, and journalists who usually flock to it from around the world.
- The twice-annual event aims to be both more intimate and open, organisers say, with the coronavirus pandemic meaning only a handful of “physical” shows will be staged.
Australian unemployment falls, raising recovery hopes
- Australia’s unemployment rate fell slightly to 6.8 percent in August, spurring hopes that the worst of a coronavirus-fuelled recession may have passed.
- The country’s statistical agency said Thursday that unemployment had fallen 0.7 points from the 7.5-percent rate posted in July, with the economy adding 111,000 more jobs.
BJP MP Mahesh Poddar gives Zero Hour notice in Rajya Sabha over “cow smuggling in the country especially in the Eastern states.”
Hawaii to allow travelers to skip quarantine with virus test
ICMR: 6,05,65,728 samples tested up to 15th September for COVID-19
PM Modi turns 70, Rahul Gandhi extends wishes
Wishing PM Narendra Modi ji a happy birthday.
— Rahul Gandhi (@RahulGandhi) 1600306913000
Trump doubles down on vaccine timeline, contradicts top expert
- President Donald Trump expressed renewed confidence Wednesday that a viable Covid-19 vaccine would be ready by October, directly contradicting a top administration health expert and facing fierce criticism from his Democratic election rival Joe Biden.
- Trump sowed confusion about the issue with an extraordinary public rebuke of one of his top health experts who said masks were a leading weapon for fighting the pandemic and that a vaccine was unlikely to be widely available until mid-2021.
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