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Delhi polls: How Kejriwal beat the BJP's Goliath

Business Standard's Ankur Bhardwaj interviews political editors Archis Mohan and Aditi Phadnis about Delhi election results




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Shaheen Bagh, Jamia erupt in joy; AAP's Amanatullah Khan wins Okhla seat

After the first few rounds of counting, Singh was leading by 194 votes, but subsequently, Khan took the pole position




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Kejriwal to take oath as Delhi CM at Ramlila Maidan on Feb 16: Sisodia

All cabinet ministers will also take oath along with Kejriwal at the event, he said




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Baat Bihar Ki: Prashant Kishor hits out at Nitish over alliance with BJP

Kishor also rubbished the contention that a tie-up with the BJP was in the interest of Bihar, a claim Kumar has been making to defend his realignment with the saffron party




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How supply chains are going the Gandhian way

Supply chains are slowly aligning with Gandhian principles, as they reshape to the realities of political economy.




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How supply chains established by Nehru helped India break free

Bashing Nehru may be fashionable but flawed. He broke free from the exploitative colonial economic structure and laid strong economic foundations; and above all, India grew fast




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Illegal supply chains: Real & hidden threat to India's security

Pathankot airbase attack proved that terrorists find these the perfect platform to piggyback




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Did Union Budget - 2016 allocate more for rural India and the social sector? Not really

A closer look at budgetary numbers highlights why Indian budgets need to be more transparent




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Giant Panda No Longer on Endangered Species List

The giant panda is no longer a critically endangered species, but the eastern gorilla is now classified as one, the International Union for Conservation of Nature says in the latest update of its "Red List." Photo: AFP/Getty




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Bernie Sanders Drops Out of 2020 Presidential Race

Bernie Sanders announced Wednesday he will end his run for the Democratic nomination, leaving former Vice President Joe Biden as the party’s presumptive nominee for the 2020 election. Photo: Etienne Laurent/Shutterstock




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Versace Miami Beach Mansion for $125 Million

A Miami Beach, Fla., estate owned by Versace goes on the market for $125 million. Lauren Schuker has details on The News Hub. Photo: Reuters.




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Brexit & Beyond: EU Examines Tariffs on Industrial Goods

To subscribe to the newsletter, please sign up here MUST READS EU Examines Tariffs on Industrial Goods: The European Union unveiled its opening bid for trade talks with the U.S., outlining a narrow goal of slashing tariffs on industrial goods that sets the bloc on a collision course with President Trump. EU Nations Set to Snub Washington’s […]




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Brexit & Beyond: U.K. to Seek Renegotiation of Brexit Deal

To subscribe to the newsletter, please sign up here Dear reader, We are ending the Brexit & Beyond newsletter on Jan. 31, and will soon begin sending you our daily What’s News newsletter. It features the best of The Wall Street Journal, including Brexit and European news. You can also stay up to date on the […]




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Indian rival slams Uber's business model

Uber's top rival in India has some unsolicited advice for the U.S. startup: Go local.




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How 'America First' could turn into to 'India First'

Nandan Nilekani, co-founder of one of India's biggest outsourcing companies, says an H-1B visa crackdown would ultimately hurt the U.S.




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Mexico ready to retaliate by hurting US farmers

Mexican Senator Armando Rios Piter told CNN that he plans to introduce a bill this week that would stop Mexican purchases of American corn.




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For a Nebraska City, Essential Employees Work as Virus Fears Grow

Industrial businesses in one Nebraska city implement safety procedures and adapt to social distancing guidelines in order to keep the doors open during the coronavirus pandemic. WSJ’s Erin Ailworth reports from Grand Island, Neb. Photo: Erin Ailworth




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In election season, alliances can't be far behind

Assam, West Bengal, Kerala, Tamil Nadu and Puducherry are getting ready for Assembly polls. Who is doing deals with whom and what do they all mean? Business Standard decodes the politics




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Congress-DMK alliance wins Puducherry

While it lost elections in the ruling Assam and Kerala, Indian National Congress has received some form of relief as it has emerged as single largest party with 15 seats at Puducherry and could form government in the Union Territory.Together, the ...




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ASEAN holds special summit on response to COVID-19 pandemic

Leaders of the 10-member Association of Southeast Asian Nations (ASEAN) on Tuesday morning met via videoconference to deliberate on a strategy to combat and overcome the COVID-19 crisis, ensuring peaceful life of people and sustainable development of countries in the region.In his capacity as ASEAN Chair 2020, Vietnamese Prime Minister Nguyen Xuan Phuc chaired the virtual summit, attended by the heads of state or government of the 10 ASEAN members- Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, and the ASEAN secretary-general, Xinhua news agency reported.The leaders are expected to focus their discussions on containing and preventing the spread of COVID-19, supporting people in the countries hit by the disease, including providing consular assistance to ASEAN citizens living, working and studying in other ASEAN nations or a third country, and minimizing socioeconomic impacts of the pandemic.They are also expected to adopt a ...




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Indian Consulate General in UAE resumes partial passport services

The Indian Consulate General in Dubai has issued an advisory on partially resuming the passport services for Indian applicants through BLS Sharjah Centre from April 15 onwards.The advisory from the consulate general says that the applications for renewal of passports that have expired or would expire on or before April 30, 2020 will be processed initially.The Consulate General in Dubai also listed the ways people can apply for the renewal of passports.Those people who want to apply for renewal can send an email to the consulate at the email address- passport.dubai@mea.gov.in with an explanation of the emergency for the renewal.The Consulate would then give an appointment at the BLS International Exclusive Centre for Indian Passport and Visa Services at Sharjah.As per the advisory, the applicant will have to prepare the application online and attach all required documents before visiting the centre at the appointed time.The passport services were suspended in the wake of the COVID-19 ..




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IMF pegs India's growth at 1.9 pc in FY'20-21, but says will bounce back to 7.4 pc next year

The International Monetary Fund (IMF) has projected the growth of Indian economy in 2020 at the rate of 1.9 per cent, while the world economy is likely to contract sharply by "minus 3 per cent" due to the coronavirus pandemic, which is proving worse than the 2008-09 financial crisis.The IMF on Tuesday its yearly World Economic Outlook, providing a grim picture of the world economy amid global lockdown due to the coronavirus pandemic, which has jolted the world by claiming over one lakh lives globally.The IMF has, however, given a bullish projection about India's economic growth in 2021, pegging the growth rate at 7.4 per cent.Gita Gopinath, Chief Economist and Director of the research department at IMF said in her opening remarks, "The COVID-19 pandemic is inflicting high and rising human costs worldwide. Protecting lives and allowing health care systems to cope have required isolation, lockdowns, and widespread closures to slow the spread of the virus.""The health crisis is, ...




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PM Modi, Palestinian President discuss COVID-19 challenges

Prime Minister Narendra Modi on Tuesday held a telephonic conversation with President of Palestine Mahmoud Abbas and the two leaders discussed challenges posed by the COVID-19.As per an official release, "the two leaders discussed the challenges posed by the ongoing COVID-19 pandemic, and apprised each other of the steps being taken in their respective countries to control the situation."Prime Minister Modi also appreciated the measures taken by Abbas' authorities to protect their population from the virus and assured all possible support from India for these efforts.The two leaders will stay in touch over various issues regarding the global pandemic. Palestine has so far reported 308 confirmed cases of coronavirus and two deaths so far.




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Global financial conditions tightened abruptly due to COVID-19: IMF

The International Monetary Fund (IMF) in its Global Financial Stability Overview released on Tuesday has noted that early in 2020, global financial markets remained afloat as there was a sense of optimism on the back of supportive monetary policy, reduced trade tension and tentative signs of stabilisation in the global economy. However, the spread of COVID-19 has posed a risk that has seen the prices of risk assets and commodities fall at unprecedented speed.The document released by the IMF says that the equity markets experienced the fastest drop in history with the S and P 500 falling 20 per cent from its peak in just 16 trading sessions.The asset price declines reached about half the magnitude seen in 2008-09 at the worst point of the sell-off, and implied volatility spiked across asset classes, in some cases to levels last seen during the global financial crisis.Financial Counsellor and Director of the Monetary and Capital Markets Department, IMF, Tobias Adrian while releasing the




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Airline passenger revenue to plunge by USD 314 billion in 2020: IATA

Airline passenger revenue is set to plunge by USD 314 billion in 2020, which is a decline of 55 per cent from 2019 due to coronavirus as per the updated analysis released by the International Air Transport Association (IATA).On March 24, the IATA had predicted an estimated loss of USD 252 billion in revenues, which is 44 per cent decline in passenger for airline industry due to severe travel restrictions lasting more than three months as governments across the world try to contain the disease.As per a release by IATA, the world is heading for a recession. The economic shock of the COVID-19 crisis is expected to be at its most severe in Q2 when the GDP is expected to shrink by 6 per cent (by comparison, GDP shrank by 2 per cent at the height of the global financial crisis). Passenger demand closely follows GDP progression. The impact of reduced economic activity in Q2 alone would result in an 8 per cent fall in passenger demand in the third quarter."The release added: "Travel ...




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Indian rapid response team imparts training in Kuwait

The Indian Rapid Response Team imparted training and shared its experience with the Kuwaiti personnel at Jaber Al Ahmed Hospital as part of capacity building in the fight against COVID-19.The team had reached Kuwait on Monday.A release issued by External Affairs Ministry on Monday said that the rapid response team is expected to stay in Kuwait for the next two weeks to help the Kuwait government with medical assistance in testing and treatment of the people infected by the novel coronavirus.The team went to Kuwait following a phone call between Prime Minister Narendra Modi and Prime Minister of Kuwait Sheikh Sabah Al-Khaled Al-Hamad Al-Saba. Both the leaders had agreed for a coordinated approach towards the deadly disease.




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Egyptian security forces kill 7 militants planning attack during Easter celebration

Egyptian security forces have killed seven terrorists who were planning an attack on the country's Coptic Orthodox Christian population during their upcoming Easter celebrations, the country's Ministry of Internal Affairs said.According to the ministry, security forces raided an apartment in a densely-populated region of the capital. Mohammed Fawzy Al Hofi, a lieutenant officer, was killed during the attack, and one other police officer suffered injuries, the statement read.Security forces found six machine guns and ammunition in the apartment after the raid, according to the statement.On Tuesday evening, the national media reported on the security operation, which took place in a multistorey building in the Al Amireya region of the Egyptian capital.The country's Coptic Orthodox Christians are set to celebrate Easter Sunday on April 19.In April 2017, Egypt's Coptic Christians were targeted by bomb blasts during services to celebrate Palm Sunday. Two blasts in the cities of Tanta and ..




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US returns another USD 300 mn of recovered 1MDB funds to Malaysia

The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment development fund.The government of former Prime Minister Najib Razak set up the 1MDB fund in 2009 to promote economic development in Malaysia through global partnerships and foreign direct investment.The Justice Department estimated that some USD 4.5 billion was siphoned out of Malaysia by high-level fund officials and their associates between 2009 and 2014 in a scandal that called for Razak's resignation -- including Mahathir Mohamad, one of the former's predecessors.The funds were laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg."We are pleased to make this latest repatriation of an additional USD 300 million in stolen 1MDB funds," Assistant Attorney General




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Social distancing necessary until 2022 to prevent Covid-19 seasonal outbreaks, says study

Prolonged or intermittent social distancing may be necessary even until 2022 to prevent future Covid-19 seasonal outbreaks, a new study has said.Researchers from Harvard University, led by Stephen Kissler, used estimates of seasonality, immunity, and cross-immunity for two betacoronaviruses from time series data from the United States, to inform a model of Covid-19 transmission, Xinhua news agency reported.Recurrent wintertime outbreaks of Covid-19 "will probably occur after the initial, most severe pandemic wave," researchers wrote on in the study 'Projecting the transmission dynamics of SARS-CoV-2 through the postpandemic period', published in the online journal Science.The researchers added that without a vaccine or other interventions, "prolonged or intermittent social distancing may be necessary into 2022."Noting that "a key metric for the success of social distancing is whether critical care capacities are exceeded," the study said that "additional interventions, including ...




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China Stocks fall after poor coronavirus drug trial results

Risk sentiment deteriorated after a news report, citing inadvertently released results, said the closely watched antiviral drug remdesivir had had no effect on patients in its first randomised clinical test.




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Australia Market rises 1.5%

Industrial stocks performed strongly with Transurban gaining 3.7% and Brambles up 4.2%. Healthcare out-performed with a gain of 6% in Sonic, 3.7% in Ramsay Healthcare, and 2.6% in CSL. Info tech and real estate sectors were up more than 3%.




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Australia Market falls on profit booking

Investors continue to struggle against positive news of lifting restrictions and re-opening the economy against what is expected to be the sharpest and most severe downturn since the great depression.




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Australia Market rises on strong inflation data

Investor confidence has been lifted as major countries and several US states reopen for business and central banks seem poised to inject more stimulus to offset the economic hit from the pandemic.




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Australia Market surges on coronavirus treatment hopes

Investor sentiment around the world was brightened by Gilead Sciences Inc.'s announcement that preliminary results of a coronavirus drug trial showed at least 50% of patients treated with a five-day dosage of remdesivir improved and more than half were discharged from the hospital within two weeks. Later Wednesday, White House health advisor Dr. Anthony Fauci said NIAID's remdesivir drug trial, which enrolled about 800 patients, showed quite good news and that the drug would set a new standard of care for Covid-19 patients. Globally, the coronavirus pandemic has infected more than 3.1 million and taken at least 226,771 lives, according to data compiled by John Hopkins University.




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Australia Market ends higher in vlatile trade

Local shares fell in early trade on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




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Australia Market ends softer

Banks stocks were lower. National Australia Bank ended the day 2.3% lower Westpac and ANZ both declined about 1.5% while Commonwealth Bank dropped 0.8%.




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Australia Market extends losses

The latest survey from the Australian Industry Group revealed that the services sector in Australia continued to contract in April, and at a steeper pace, with a Performance of Services Index score of 27.1. That's down from 38.7 in March and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.




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Australia Market rises on ending coronavirus restrictions hopes

The Australian share market got a boost on hopes for an economic recovery at home after the government unveiled plans to end most coronavirus restrictions by July. Prime Minister Scott Morrison's announced a plan to ease social distancing restrictions in a three-step process, which would remove all curbs by July and get nearly 1 million people back to work amid a decline in coronavirus cases.




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Why Some Cicadas Have Reason to Brood: Potential Extinction

​Periodical cicadas live underground for 13 or 17 years before emerging to mate, lay eggs and die off, and today, there are 15 known broods in the U.S. There used to be 16 and the current number may dwindle if the teetering Brood VII goes extinct.




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Boomers, Gen Xers and Millennials: Catchall Groupings

Generational groupings are attractive to academics who want to measure social and cultural change. They’re coveted by marketers looking to capitalize on evolving consumer tastes. And they appeal to others seeking to exploit the perceived psyche of the different groups.




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How China Upended Life at India's Ship-Recycling Yards

At the world's biggest ship-recycling yard at Alang, India, life is becoming harder as fewer ships arrive. Here's why. Photo: Karan Deep Singh/The Wall Street Journal




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How Confidential Documents Get Stored at the White House

The transcript of President Trump's call with Ukraine shed light on a method for classifying documents that's even more top secret than top secret. WSJ spoke to a former National Security Council official to understand the intricacies of the White House server security system.




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We are increasing our footprint in India: Pratyush Kumar

Interview with President, Boeing India




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Make in India: Nitin Gadkari unveils grand plan for logistics hubs and ports

Policy to boost logistics, ports and e-toll collection on anvil




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Jharkhand attracts Rs 62k crore investment at Make in India Week

The state has signed MoU worth Rs 50,000 crore with Adani Group




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Karnataka gets Rs 9,700-cr investment commitment at Make in India Week

Solar cell manufacturer First Solar is looking to setup a manufacturing unit with an investment of Rs 6,000 cr




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FTAs may hurt Make in India drive, says auto parts industry

The government is in discussion with the European Union (EU) and Australia for FTAs. The country already has such trade pacts with Asean




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Infra woes mar Mumbai's chance to emerge as global financial hub

However, experts believe Mumbai for all practical purposes is already an International Financial Centre




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Volkswagen used defeat device in India too: Geete

Emission nine times more than cap; firm denies claim




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Make in India Week nets Rs 15.2 lakh crore investment commitments

Of the total commitments, 30% have come from foreign players