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Coronavirus | Oxygen curbs hit container availability

Lalatendu Mishra Exports affected as ‘thousands of damaged containers unusable’; gas key to welding process in repairs

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Sriram Manoharan, founder and Managing Director, Contus.

OTT will become as popular as TV cable connection now is, says Sriram Manoharan

N. Venkateswaran The OTT industry in India has over 3 crore paid subscribers, and the number is increasing leaps and bounds on a daily basis.

5hrs

Govt. alerts PSBs as Cairn may seize overseas assets

PTI Oil firm won $1.2 bn award in tax case

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VKC Noushad, MD, Walkaroo International

Fashion footwear maker Walkaroo to focus on online sales

N Anand Walkaroo ended FY21 with a turnover of ₹1,250 crore and aims for ₹1,700 crore this fiscal.

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Liquid Medical Oxygen being brought in tanker lorry and filled oxygen storage tanks at Government General Hospital, in Vijayawada.

NHAI exempts tankers carrying oxygen from toll fee on highways

India’s sovereign rating to remain unchanged despite pandemic impact: S&P

Anurag Thakur says nations will remain grateful to 229 taxmen died of COVID-19

‘Indian offshore model will dominate IT scene for a decade’

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Non-life insurers get health boost in April

Special Correspondent Private life insurers post 55% growth

SEBI notifies relaxed rules for listing start-ups

PTI The changes have been made to the framework for listing on the Innovators Growth Platform (IGP), according to two separate notifications issued on Wednesday.

Director-General of the World Trade Organisation Ngozi Okonjo-Iweala.

TRIPS waiver for COVID-19: WTO chief urges proponents to submit revised proposal soon to start talks

PTI The proposed relaxations in the norms of the agreement are aimed at ensuring quick and affordable access to vaccines and medicines for developing countries.

Opinion & Analysis

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The Finance Minister has delivered, but the road ahead is long: on Union Budget 2021

Ananth Narayan This Budget scores very high marks on credibility and on its potential to create domestic output and jobs, but much more remains to be done

A promising Budget with a few disappointments

M.Govinda Rao While the Budget promises to revive the economy faster, it continues to emphasise the protectionist trend

A Budget that fails to address the hunger pandemic

Dipa Sinha In a year of economic slowdown and growing inequality, we have been presented with a stingy Budget that fails to ensure the bare necessities for all

Markets

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A view of the Bombay Stock Exchange building in Mumbai. File.

Sensex jumps 257 point; Nifty ends above 14,800

PTI HDFC was the top gainer in the Sensex pack

Image used for representation purpose. File photo

Rupee gains for 2nd straight day; settles 27 paise higher at 73.51 against dollar

PTI At the interbank forex market, the rupee opened at 73.62 and hit an intra-day high of 73.50 and a low of 73.76

Economy

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Coronavirus | Oxygen curbs hit container availability

Lalatendu Mishra Exports affected as ‘thousands of damaged containers unusable’; gas key to welding process in repairs

5hrs

Govt. alerts PSBs as Cairn may seize overseas assets

PTI Oil firm won $1.2 bn award in tax case

4hrs

Industry

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Govt. alerts PSBs as Cairn may seize overseas assets

Fashion footwear maker Walkaroo to focus on online sales

India requires two lakh ICU ventilators, says device maker

Maruti extends maintenance shutdown till May 16

Norms eased for LIC claims settlement

Coronavirus | Oxygen curbs hit container availability

OTT will become as popular as TV cable connection now is, says Sriram Manoharan

The OTT industry in India has over 3 crore paid subscribers, and the number is increasing leaps and bounds on a daily basis.

NHAI exempts tankers carrying oxygen from toll fee on highways

The outbreak of COVID-19 has created huge demand for LMO across the country.

Employee assistance programmes find wider focus as companies battle the Second Wave

A recent survey on COVID benefits shows that organisations are reinventing their policies to accommodate new and rapidly emerging needs

Canteens, training centres turn into COVID care centres

Corporates repurpose unused office space into temporary quarantine facilities

Anurag Thakur says nations will remain grateful to 229 taxmen died of COVID-19

The Finance Ministry was one of the hardest hit Ministries during the pandemic, Mr. Thakur said.

Global cloud infrastructure market grows on continued digital transformation

Amazon Web Services, Microsoft Azure, and Google Cloud retained the top three spots and accounted for 58% of total spending in the March ending quarter.

Cathay Pacific Cargo to augment capacity to supply essentials to India

Cathay Pacific Cargo, which has supplied more than 100 tonnes of humanitarian and medical supplies to India to date, is planning to deploy additional

U.S. envoy stresses on cybersecurity

Consul General David J. Ranz, U.S. Consulate General, Mumbai, stressed the importance of cybersecurity in the digital world. He was speaking at an

LIC eases claims settlement requirements

In view of the current pandemic situation, Life Insurance Corporation of India (LIC) has announced relaxations in various claim settlement

‘Indian offshore model will dominate IT scene for a decade’

Firms in India are ‘pandemic winners’; prices trend lower

Non-life insurers get health boost in April

Private life insurers post 55% growth

HDFC sounds caution on economy, Q4 net jumps

Board recommends ₹23 dividend

India’s sovereign rating to remain unchanged despite pandemic impact: S&P

Health crisis may lower growth, it says

SEBI notifies relaxed rules for listing start-ups

The changes have been made to the framework for listing on the Innovators Growth Platform (IGP), according to two separate notifications issued on Wednesday.

TRIPS waiver for COVID-19: WTO chief urges proponents to submit revised proposal soon to start talks

The proposed relaxations in the norms of the agreement are aimed at ensuring quick and affordable access to vaccines and medicines for developing countries.

RBI sets up advisory group to assist regulatory review authority

Headed by SBI Managing Director S Janakiraman, the advisory group will assist the RRA by identifying regulations, guidelines, and returns that can be rationalised.

WhatsApp scraps May 15 deadline for accepting privacy policy terms

WhatsApp had faced severe backlash over user concerns that data was being shared with parent company Facebook.

SBI report emphasises on vaccination, says nearly half of the new cases in rural India

‘Economy taking a severe hit from 2nd wave; Growth hopes fading'

Rupee gains for 2nd straight day; settles 27 paise higher at 73.51 against dollar

At the interbank forex market, the rupee opened at 73.62 and hit an intra-day high of 73.50 and a low of 73.76

Sensex jumps 257 point; Nifty ends above 14,800

HDFC was the top gainer in the Sensex pack

India holds up wireless approvals for China-made devices, delaying launches

The Communications Ministry's Wireless Planning and Coordination (WPC) Wing has withheld approval since at least November, according to the sources, who were familiar with lobbying efforts by firms seeking clearance

North American auto companies buying more robots to keep up with demand

Companies ordered 9,098 robots in the first quarter, a 19.6% increase over a year ago, according to the Association for Advancing Automation, an industry group based in Ann Arbor, Michigan. The orders were valued at over $466 million in total.

Petrol at ₹102-mark in Rajasthan, Madhya Pradesh after fourth straight day of price hike

Petrol price on Friday scaled to ₹102 per litre in some parts of Rajasthan and Madhya Pradesh after rates were raised for the fourth straight day

Chinese airline to restart cargo service to India

In some relief for Indian pharmaceutical industry and continuity in key raw materials supplies from China, Sichuan Airlines is resuming cargo services

Cognizant Q1 net climbs 37.6% on digital growth

‘Revenue to grow 7-9% in 2021’

‘COVID wave may hit energy demand in first quarter’

Low-base effect may lead to y-o-y growth: Ind-Ra report

Drugmakers say Biden misguided over patent waiver

U.S. President supports waiving intellectual property rights for COVID vaccines

Centre to retain GST on oxygen concentrators

Delhi High Court pushes back, saying that the government should review its resistance at such a time

Firms with relatively weaker credit profiles to benefit more from RBI measure: Crisil

Half of Crisil-rated mid-sized companies will be eligible for the restructuring window offered under the Resolution Framework 2.0 announced by the

IRDAI issues standard travel cover norms

Advises general, health insurers to launch the standard domestic travel cover from July 1

Mahindra to set up auto design unit in U.K.

Mahindra Group has announced it will set up Mahindra Advanced Design Europe (M.A.D.E), its new centre of excellence, in the West Midlands, U.K. To be

COVID-19 supplies keep air cargo operators afloat

‘Strength of volumes cushions impact’

Hero Moto Q4net rises 44% to ₹885.28 cr.

Two-wheeler maker Hero MotoCorp on Thursday said it posted a 44.2% rise in consolidated net profit to ₹885.28 crore for the quarter ended March

Relief for pharma as Chinese airlines set to resume service

In some relief for Indian pharmaceutical industry and continuity in key raw materials supplies from China, Sichuan Airlines is resuming cargo services

‘HCL Tech plans to recruit more freshers than lateral hires’

Company is looking for people with new-age skills: Apparao

Nintendo forecasts decline in Switch sales, warns of chip uncertainty

The Kyoto-based firm expects to sell 25.5 million units in the business year that started April 1. That would compare with 28.8 million a year earlier after booking an 82% rise in operating profit at 640.6 billion yen ($5.9 billion).

Finance Ministry releases ₹9,871 crore as revenue deficit grant to 17 States

With this second installment, the total amount released during of the first two months of the current financial year has reached ₹19,742 crore.

Telangana farmers to get 25.5 lakh tonne fertilisers for kharif

The State Government has decided to allot 25.5 lakh metric tonne fertilisers for the farm sector during the upcoming Vaanakalam (kharif) season.The

Sensex, Nifty rise for 2nd day; auto, IT stocks take charge

The BSE benchmark Sensex closed higher by 272.21 points or 0.56 % at 48,949.76. In volatile trade, the index oscillated between a high of 49,011.31 and a low of 48,614.11 during the day.

Rupee rises 13 paise to settle at 73.78 against US Dollar

At the interbank forex market, the local unit opened at 73.87 against the greenback and witnessed an intra-day high of 73.77 and a low of 74.

Farmers at stake as fertiliser prices go up

The leaders of Indian Farmers Movement and the Malayora Karshaka Samiti say the price hike of the fertilisers can be controlled only by restricting the supremacy of various private fertiliser giants in the price fixing mechanism.

Second wave of COVID-19 has hit India 'like a tsunami' says Kiran Mazumdar Shaw

“If India is not safe, I can tell you the world is not safe.”

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