Former Pakistan captain Javed Miandad has recalled how he and Zaheer Abbas went after the Indian spin attack -- comprising of Bishan Singh Bedi, Bhagwath Chandrasekhar and Erapalli Prasanna -- and scored bulk of runs in the three-match Test series in 1978-79.

Both Miandad and Abbas took the famous Indian spin troika to cleaners in the series which Pakistan won 2-0.

"Chandrasekhar, Bedi, Prasanna... India's strength was this, their spinners. And they did well around the world but when they came here (Pakistan), they were taken to the cleaners. Our players robbed them for so many runs," said Miandad in his Youtube channel.

Miandad recounted the first Test of the series played in Faisalabad and said how he and Abbas went after the Indian spinners.

"I remember that Chandrasekhar was giving some troubles to Zaheer bhai. Then he told me 'Javed please tackle him for me'. I obviously said yes. Meanwhile from the other end, Zaheer bhai was taking a lot of runs off Bedi sahib and Prasanna," said Miandad.

"Then I said, 'Zaheer bhai please allow me to take some runs too, I will also use my feet against them. I'm stuck here. I won't take a single off the last ball'," he added.

Both Miandad (154) and Abbas (176) scored big hundreds in that match which ended in a draw.

In the second Test in Lahore, there was still no respite for the Indian spinners as Abbas scored a brilliant double hundred as Pakistan won the match by eight wickets.

In the final Test in Karachi, it was the turn of Miandad to score a century as India lost the Test and ultimately lost the series 0-2.

Chandrasekhar took eight wickets in that series at an average of 48.12 while Bedi scalped six wickets at an average of 74.83. Prasanna managed to pick just two wickets in the two matches he played in the series at an average of 125.50.

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Top Australian batsman Marnus Labuschagne on Monday said that he and his team would be "pretty devastated" if India don't make the trip Down Under for a Test and limited-overs series later this year due to the COVID-19 pandemic.

India's tour of Australia will begin with a T20 tri-series in October and is scheduled to end with a four-match Test series in December. The speculation about the tour is due to the travel restrictions currently in place and the uncertainty surrounding how long it would take to control the pandemic.

Replying to a query on the tour in an online press conference, Labuschagne said: "Well, it would mean that we are not playing cricket which is pretty devastating for myself, the rest of the team and for the country."

In between, there is the T20 World Cup, scheduled for an October 18 start, but the mega event's future is also shrouded in uncertainty due to the global crisis.

Australia has reported significant drop in positive cases with parts of the country relaxing lockdown rules. Just over 6,800 people have tested positive for the virus with less than 100 deaths in the country so far. Labuschagne lauded Australia's healthcare system and its response to the crisis so far.

"Australia has done very well with the quarantine and isolation, so we've been able to get our number down relatively quickly. With a limited amount of deaths and our healthcare system has been so good during this time," he said.

Labuschagne, currently placed at No.3 in ICC Test rankings after a brilliant year, hoped that Australia's control over the pandemic would be enough to ensure that India tour without any hassles.

"Hopefully, because of all that good work we can actually get India over here in 3-4 months or 4-5 months," he said. "Everything is changing so quickly, so it's really hard to put my finger on how everything's going to pan out. Hopefully, it pans out well but if it doesn't it will be very disappointing."

In the meantime, Labuschagne, who has enjoyed a breakout year in Tests and ODIs, is working on sharpening his skills during this forced break. "The way things have unfolded has been awesome. For me it's been about, one, taking it all in and being really happy and proud of that," Labuschagne said.

"But also then looking at, 'righto, how I can get better?' and looking at different parts of your game on and off the field that you can work on to make sure you're continually getting better," he added.

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Australian spin legend Shane Warne has offered a unique answer to the question of how to swing the ball without using saliva or resorting to tampering in a post COVID-19 world -- make one side of it heavier to ensure that it doesn't need any shining. Warne feels it can help fast bowlers generate swing even on flat wickets and permanently eradicate ball-tampering. "Why can't the ball be weighted on one side so it always swings? It would be like a taped tennis ball or like with the lawn bowls," Warne told the Sky Sports Cricket Podcast.

There is speculation that the use of saliva to shine the ball will be stopped to cut down the risk of the highly contagious. Responding to the extraordinary situation, Australian manufacturer Kookaburra has started developing a wax applicator -- which could be ready in a month -- as an alternative to saliva and sweat to help bowlers shine cricket balls in the post COVID-19 world.

"I'm not sure you'd want it to hoop around corners like Wasim (Akram) and Waqar (Younis) but it could swing and give the seamer something on flat wickets when it's hot and the pitch is at its flattest on day two, day three," Warne said. "It would actually be a really good way to move forward, as you know no one needs to do anything to the ball.

"You wouldn't have to worry about anyone tampering with it with bottle tops, sandpaper, or whatever. It would be a good competition between bat and ball," he added. The iconic spinner said while bats have become bigger and lighter, the ball has not evolved over the years and his suggestion can bring about a balance. "Have a look at how the bats have evolved. If you pick up one of the bats you started with in the 80s, and then one you used at the end of your career, it's like four of your old ones stuck together - but the thing is lighter!

"So why has the ball not evolved? If anything, it has got worse," added Warne, who is currently in the middle of shooting a documentary on his life for Amazon.

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Veteran India spinner Harbhajan Singh on Tuesday rejected the perception that he is jealous of Ravinchandran Ashwin, saying the Tamil Nadu bowler is a "legend in making". Ashwin, who had replaced Harbhajan in the Indian team, is among the leading off-spinners in the world alongside Australia's Nathan Lyon.

Harbhajan is not yet retired but last played for India in 2016. Harbhajan, 39, has played 103 Tests with his final game coming in 2015. Ashwin, on the other hand, has played 71 Tests since making his debut in 2011. "A lot of people think I am jealous, this and that. They can think whatever they want to. I just want to say that you are the best off-spinner presently playing the game," said Harbhajan during an Instagram live chat with Ashwin.

Harbhajan Singh

"Of course I like Nathan Lyon as well. I always put him right up there because he plays in Australia and it is a tough place to bowl [for spinners]. You [Ashwin] are one of those legends in the making. I wish you the very best and lots and lots of wickets."

The chat was focused on India's remarkable comeback in the 2001 home Test series against Australia. Trailing 0-1 in the three-match series, India went on to win the next two including the second one in Kolkata, where the hosts won after following-on, thanks to an iconic stand between VVS Laxman and Rahul Dravid.

365
No. of wickets off-spinner R Ashwin has taken in 71 Tests

27
No. of five-wicket hauls by Ashwin, the most by an Indian off-spinner in a Test innings

72
No. of wickets claimed by Ashwin in 2016, the best by an Indian off-spinner in a calendar year in Test cricket

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Star Sports, India’s leading broadcaster, through their show Cricket Connected, has used the power of technology to engage with cricket fans and bring them voices of the world’s best former and current cricketers. On this week’s episode, Indian captain Virat Kohli will be interacting with host Jatin Sapru and a few of his young fans who will pepper King Kohli with questions, especially around what has been doing during the government-mandated nation-wide lockdown period.

This is an enjoyable format to engage with cricket fans and legends of the game through easy-going conversations. With the lockdown extended for another two weeks, cricket fans now have an opportunity to catch Captain Kohli as he talks about daily routine at home and how he is keeping himself busy. The skipper also speaks about the importance of staying at home, finding motivation and focusing on fitness and training despite the limited conditions.

Captain Virat Kohli said on Star Sports’ show Cricket Connected, “I am keeping myself positive and happy and just looking forward in life so that whenever I return to the game, I know I will be in a good position to start from where we left.”

While speaking to his fans, Virat Kohli also talks about the things he misses while staying at home like the IPL, the excitement the tournament brings for the players and the fans and the magical moments that are created. Virat even answers a few questions asked by his young fans around his unflappable mindset during batting, Virat emphasizes on how important it is to have a proper mindset especially while playing a sport, sending a strong message to all the young cricket aspirants in the country. On the episode, captain Kohli also catches up team mate Yuzvendra Chahal and reminisces their comradery.

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Indian cricketers Ravichandran Ashwin and Umesh Yadav on Thursday expressed condolences to the families affected in the Vizag gas leakage mishap. Yadav took to Twitter and wrote: "Praying for everyone affected in Vizag. Condolences to the bereaved families #VizagGasLeak.

Praying for everyone affected in Vizag. Condolences to the bereaved families 🙏🏻 #VizagGasLeak

— Umesh Yaadav (@y_umesh) May 7, 2020

"A gas tragedy now??? Omg.. The visuals are so disturbing. God !!! Please have mercy," Ashwin tweeted. Badminton player Kidambi Srikanth also tweeted about the incident which has left eight people dead, saying it is disturbing to hear about the mishap.

A gas tragedy now??? Omg.. The visuals are so disturbing. God !!! Please have mercy🙏

— lets stay indoors India 🇮🇳 (@ashwinravi99) May 7, 2020

"Disturbing to hear about the #VizagGasLeak. Hope affected people recover soon and my condolences to the families who lost their loved ones. Stay safe Vizag!" Kidambi Srikanth tweeted.

Around 120 people have been admitted to the hospital after a styrene gas leak in RR Venkatapuram village. The mishap took place at the LG Polymers industry early on Thursday morning.

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His ice cool demeanour is the stuff of legends but former India skipper Mahendra Singh Dhoni has no qualms conceding that he is not immune to pressure and fear. Dhoni, lending support to MFORE—an initiative offering mind conditioning programs to achieve peak performance in sports—offered his perspective on the issue of mental health. "In India, I feel there is still a big issue of accepting that there is some weakness when it comes to the mental aspects, but we generally term it as mental illness," Dhoni was quoted as saying in a press release issued by MFORE.

"Nobody really says that,.When I go to bat, the first five to 10 deliveries, my heart rate is elevated. I feel the pressure. I feel a bit scared because that's how everybody feels—how to cope with that?" the World Cup-winning captain asked. "This is a small problem but a lot of times we hesitate to say it to a coach and that's why the relationship between a player and coach is very important be it any sport," said Dhoni, who hasn't played any international cricket since India's World Cup semi-final exit last July.

"Mental conditioning coach should not be the one who comes for 15 days because you are only sharing the experience. If the mental conditioning coach is constantly with the player, he can understand what are the areas which are affecting his sport," Dhoni, who led CSK to three IPL titles, said.

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Nations around the world reacted with alarm Wednesday after President Donald Trump announced a halt to the sizable funding the US sends to the World Health Organisation. Health experts warned the move could jeopardize global efforts to stop the Coronavirus pandemic.

Trump said he was instructing his administration to halt funding for WHO pending a review of its role "in severely mismanaging and covering up the spread of the coronavirus." The United States is WHO's largest single donor, contributing between $400 million and $500 million annually to the Geneva-based agency in recent years. He has repeatedly labelled COVID-19 the "Chinese virus" and criticised the UN health agency for being too lenient on China, where the novel virus first emerged late last year.

EU 'deeply regrets' move
An investigation by The Associated Press has found that s ix days of delays between when Chinese officials k new about the virus and when they warned the public allowed the pandemic to bloom into an enormous public health disaster. The European Union said Trump has "no reason" to freeze WHO funding at this critical stage and called for measures to promote unity instead of division. EU foreign policy chief Josep Borrell said the bloc "deeply" regrets the suspension of funds and added that the WHO is now "needed more than ever" to combat the pandemic.

Stand with WHO: Oz
Australian Prime Minister Scott Morrison said he sympathised with some of Trump's criticisms of WHO and China but that Australia would continue to fund the UN health agency. Germany's foreign minister, Heiko Maas, pushed back at Trump's announcement. Devi Sridhar, chair of global public health at the University of Edinburgh, called said. "This is the agency that's looking out for other countries and leading efforts to stop the pandemic. This is exactly the time when they need more funding, not less. Trump is angry, but his anger is being directed in a way that is going to ultimately hurt US interests."

A selfish decision: Russia
Russia's Deputy Foreign Minister Sergei Ryabkov told state news agency TASS, "I's a sign of the very selfish approach of the US authorities to what is happening in the world." Chinese foreign ministry spokesman Zhao Lijian said the country is "seriously concerned" about the US government's decision to suspend funding and hinted at stepping up its monetary contribution to WHO. The WHO did not respond to repeated requests from The Associated Press for comment, but its but Director-General Tedros Adhanom Ghebreyesus tweeted, "There is no time to waste".

Now, Trump says states to decide on reopening economy

A day after claiming "total authority" in decision-making, Donald Trump on Tuesday said he would leave it to individual governors to decide on the reopening of the economy in their respective states, which in some cases could be even before May 1. COVID-19 has so far infected over two million people worldwide. In the US, over 25,000 have lost their lives and more than 6 lakhs have tested positive. Over 95 per cent of the 330 million population in the US are under stay-at-home order.

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Thousands of people on Saturday defied the countrywide lockdown to attend the funeral of a Muslim cleric in Bangladesh, triggering fears of rapid spread of the Coronavirus pandemic.

The news media in Bangladesh reported that thousands of people, without masks and in clear violations of social distancing, participated in the funeral prayers of Khelafat Majlish's 'Nayeb-e Amir' Maulana Zubayer Ahmad Ansari, held at a madrasa in Bertola village under Sorail Upazila of Brahmanbaria district. The cleric had passed away at his home last night.

The gathering was large and the authorities did not stop it, media reports said. Noted Bangladeshi author, Taslima Nasreen, who lives in exile in Sweden, tweeted that 50,000 people had attended the funeral prayers, defying the ban on mass gatherings during the lockdown. "Stupid government didn't even try to stop these stupid people," she tweeted.

Like many other countries where religious congregations are turning out to be a major multiplier in the pandemic, the Saturday funeral gathering could become Bangladesh's hotspot for the outbreak. So far, over 2,100 people have tested positive and 84 have died due to Coronavirus in Bangladesh.

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After enduring extended trade disputes and worker shortages, US hog farmers were poised to finally hit it big this year with expectations of climbing prices amid soaring domestic and foreign demand. Instead, restaurant closures due to the coronavirus have contributed to an estimated USD 5 billion in losses for the industry, and almost overnight millions of hogs stacking up on farms now have little value. Some farmers have resorted to killing piglets because plunging sales mean there is no room to hold additional animals in increasingly cramped conditions. "One producer described it to me the other day as a snowball rolling downhill, and every additional disruption that we have just kind of adds to that and how fast and how big it's going to be when it finally hits," said Mike Paustian, who farms 2,400 acres of corn and soybeans and sells 28,000 pigs a year near the small eastern Iowa community of Walcott.

COVID-19, the disease caused by the coronavirus, has created problems for all meat producers, but pork farmers have been hit especially hard. They entered this spring in shaky financial condition because tariffs had drastically reduced sales to China and Mexico. Many operations have struggled to get enough workers, in part due to federal immigration policies. Then demand plunged because the virus forced the closure of restaurants, hotels and other businesses that buy about 25 per cent of pork, including nearly three-quarters of bacon produced in the US. The biggest problem could be getting worse as additional giant slaughterhouses that can process more than 20,000 hogs a day have had to close at least temporarily as the virus spreads among workers. The industry slaughters from 10 million to 12 million pigs a month. Whereas poultry producers can slow production by not hatching baby chicks and ranchers can keep cattle on pastures longer, pork farmers don't have good options. Hogs are raised inside barns with limited space, and it takes time to stop the birthing cycle for pigs.

"We are in crisis and need immediate government intervention to sustain a farm sector essential to the nation's food supply," said Howard Roth, a pig farmer from Wauzeka, Wisconsin, and president of the National Pork Producers Council, an industry trade group. The group has asked the federal government to buy USD 1 billion worth of pork in cold storage that had been destined for restaurants and instead give it to food banks, which have been besieged by people who have lost their jobs as much of the economy has shut down. On Friday, the US Department of Agriculture announced it would spend USD 3 billion to buy fresh produce, dairy and meat that will be sent to food banks. Roth said the purchase will hopefully help move a backed up supply of pork and help raises hog prices. The USDA also said it planned USD 1.6 billion in direct payments to pork farmers with limits of USD 250,000 per individual. Roth said the aid was appreciated but wasn't enough to meet their problems. Farmers have also received emergency waivers from the government to increase the number of pigs they can keep in barns beyond normally allowed limits. Still, farmers without extra space are faced with the prospect of killing baby pigs they can't afford to feed.

"Sadly it's true that euthanising is a question that's going to come up on farms," Roth said. Paustian, the eastern Iowa farmer, said the most frustrating part has been the uncertainty of scheduling deliveries of hogs to meat producers that fall through. Even as the majority of slaughterhouses have continued to operate, most plants are large and their closure is a severe hardship for hog farmers who operate in the region, he said. Because a plant has closed about 40 miles away in Columbus Junction, Iowa, Paustian said farmers in his area are sending hogs to other plants in the state and Indiana. "Producers are on pins and needles every day right now, and nobody knows if they're going to get loads out. They get loads scheduled then they get canceled. It's kind of a roller coaster of emotion for producers right now," Paustian said.

Producers he knows have been able to sell about half of the pigs they'd normally send to market. It's enough to get by for a few weeks, but it's not sustainable, Paustian said. For many pork producers, the coronavirus pandemic may be the final straw, said Nick Giordano, a vice president at the National Pork Producers Council. "We are hearing from lots of producers. They're hanging on for dear life," Giordano said. Besides seeking the purchases for food banks and direct payments to producers, the group wants to make agricultural businesses eligible for a federal economic injury disaster loan program.

While not denying the industry's problems, some people who raise pigs independently say the coronavirus has revealed that the the industry is too reliant on a few large international corporations that oversee everything ' from raising hogs to processing plants and even marketing and sales. Chris Petersen, a northern Iowa farmer, raises Berkshire pigs 'the old fashioned way' ' in individual A-frame houses instead of large confinement buildings. He laments the loss of the independent farmers who marketed pigs to nearby buying stations that delivered the animals to smaller packing plants much closer to the farms. "It's a very fragile system because everything has to work just right," Petersen said.

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In a viral video that left the internet in splits, a dog exposed the owner's fake handstand pose. The video that went viral on Facebook shows a woman pretending to do handstand by lying down and pressing her hands against the wall, while a man on a chair reading a newspaper is seen sitting besides her.

The nearly-perfect clip seemed convincing until the act was exposed when a dog made an appearance in the picture. At that point, the viewers realised that the man and the woman were simply lying on the floor and the handstand pose was created by tweaking the camera angle and successfully tricking people into believing that the pose was legitimate.

Paulinho Martins, who posted this video on Facebook on Tuesday, said in the captions, "Everything was going well, until the dog ruined everything." The video has received over 6.1 million views with more than 48,000 likes and was shared over 225,000 times.

Amid hilarious reactions, users commenting on the post said that they would love to try it out with their friends while one user commented, "Is that spiderdog?" Another user said, "It is not that bad to cheat, well done!" while one more comment read, "It is absolutely obvious, when he touched his glasses. Newspaper fell on him."

What do you think of the video?

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An innocent game of hide-and-seek ended in a teenager getting stuck inside the washing machine, only to be rescued by fire-fighters. 18-year-old Amari Dancy was playing the game with her cousins when she thought of the washing machine as a good place to hide.

Little did she know that she would end up getting stuck there. One of the cousins saw her stuck in the washing machine, alerted others and called the emergency services for help. The teenager was quoted by NBC News as saying, "We already had hid underneath the bed, in the closet, and we couldn't go down into the basement...So, I was like 'Oh, ok, let's just hide in the washer machine."

Dancy also said that she was relieved after being rescued, "I was really worried to see if they were going to get me out or not. Once they figured out what to do... I just felt relieved. I just wanted to be out of there."

The ordeal faced by Dancy was shared on Instagram by her aunt Naomi Elizabeth, with videos of firefighters wearing masks and rescuing the girl by removing the top of the washing machine to make enough space to pull her out.

 

 

 

View this post on Instagram

A post shared by É´á´Â€á´Âá´ÂÉªá´Â‡ÊŸɪᴢá´Â€Ê™á´Â‡á´Â›Êœ 👑 (@mikoa_samigeisha) onApr 19, 2020 at 9:10pm PDT

The post shared on Monday garnered 6,087 likes on Instagram with hilarious reactions pouring in the comments.

A user said, "I'm dying over here.. thanks for the laughs." Another user said, "I am glad her hair was did!!!" Third user asked, "Are you okay???? It’s funny and all but still want to make sure you are doing okay....." One user said, "Didnt ya mama teach you not to play with washing machines?"

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Keeping calm and focused towards the task in hand is a recommended recipe for success. A journalist from US is being lauded for doing the same. News reporter Kirsten Welker was reporting a live event and remained unfazed even after dodging two light stands that fell near her becuase of strong windy conditions.

Welker wearing a mask was reporting live from Washington DC on a windy day when two tall lighting fixtures fell near her. However, she calmly dodged the falling stands and continued with her reporting, which has impressed netizens across the globe. Ever since the clip went viral, Welker is being hailed as a legend and received several appreciating comments for her commitment.

With many people sharing the clip, even Welker responded to comments she received in a witty manner. When a sports news website shared the clip saying, “First-round pocket presence”, here’s how she responded:

Put me in, coach!

cc: @Eagles https://t.co/OF3IaULCv2

— Kristen Welker (@kwelkernbc) April 22, 2020

The clip that has received more than 1.4 million views and over 23,600 likes on Twitter was retweeted more than 3,600 times. Users commenting on the video posted about how Welker handle the situation with presence of mind.

“If you can dodge a light stand you can dodge a ball”

— Robert Kurhajetz (@rkurhajetz) April 22, 2020

Legend!

— Jesse Jones (@JesseKIRO7) April 23, 2020

That looks like a scene from a supernatural thriller! Bravo Kristen!

— Roger Clark (@RogerClark41) April 22, 2020

Handled like a BOSS! Booyah!

— SRH (@Bijouxforu) April 23, 2020

She didn’t miss a beat. 👍🌟

— C Colcombe (@ColcombeL) April 22, 2020

pic.twitter.com/FYs4vXJVqV

— Watch Dog (@Usefulnotes_) April 22, 2020

What do you think about the video?

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New Zealand reported five new Coronavirus cases Monday as the nation got ready to ease the rules on a strict lockdown from midnight. Prime Minister Jacinda Ardern said there hasn't been widespread community transmission of the virus and the country has so far managed to avoid the worst scenarios for an outbreak.

She said it would continue to hunt down the last few cases. From midnight, certain businesses such as construction will be allowed to reopen, but social distancing rules will still apply. Ardern said the nation was opening up the economy, but not people's social lives.

S Korea to reopen schools
South Korea reported only 10 new cases, its 26th straight day below 100 as officials mulled reopening schools amid the slowing caseload. The figures released by the Korea Centers for Disease Control and Prevention on Monday brought the national totals to 10,738 cases and 243 deaths.

At least 1,044 infections have been linked to international arrivals, but such cases have also declined in recent weeks amid tightened border controls.

Prime Minster Chung Sye-kyun during a virus meeting Monday instructed education officials to prepare measures to ensure hygiene and enforce distance between students at schools so the government could announce a timeline for reopening schools no later than early May.

More US states to reopen
In the US, Colorado, Mississippi, Minnesota, Montana and Tennessee are also preparing to reopen economy, Reuters reported. Georgia, Oklahoma, Alaska and South Carolina had already started easing restrictions. "I would stay home if the government encouraged that, but they're not. They're saying, 'Hey, the best thing to do is go back to work, even though it might be risky,'" Royal Rose, 39, owner of a tattoo studio in Greeley, Colorado, told Reuters.

According to reports, the states have started easing lockdown without ensuring measures to trace the asymptomatic cases. Several health experts have warned that a hurry in easing lockdown may lead to a fresh wave of infections. Meanwhile, the White House said the jobless rate would be 16 per cent or higher this month. A record 26.5 million Americans have filed for unemployment since mid-March.

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Pakistan Prime Minister Imran Khan has fired his special aide on I&B and replaced her with a powerful former military spokesman as he revamped his media team for the second time since coming to power amid mounting criticism for failing to address key issues including the COVID-19 outbreak.

Former Army spokesman Lt Gen (retied) Asim Saleem Bajwa, who is also the chairman of the newly created China Pakistan Economic Corridor (CPEC) Authority, has replaced Dr Firdous Ashiq Awan as the Special Assistant to the PM for information and broadcasting (I&B).

PM Khan also appointed Senator Shibli Faraz as the new information minister. Minister for Science Fawad Chaudhry announced the new appointments. The changes were made to blunt the perception that the government's media handling was not good and its work was not being properly highlighted amid the health crisis.

"The way these changes have been made will not give a good impression and help the cause of the government," analyst Ayaz Amir told Dunya TV. Pakistan has 14,079 COVID-19 cases so far.

301
No. of COVID-19 deaths in Pakistan

Now, Beijing to shut COVID-19 hospital

Authorities in Beijing are set to close a COVID-19 special hospital, Xiaotangshan Hospital, after clearing all the cases even as China reported six new infections and 40 fresh asymptomatic cases on Tuesday. The move comes days after Wuhan closed 16 temporary hospitals and discharged its last patient on Sunday.

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A six-year-old boy has been cheering up his neighbours with one joke at a time amid the distressful Coronavirus pandemic and the agonizing lockdown that followed, by putting up a joke stand outside his home in Saanich, a town in Canada's British Colombia.

A picture of Callaghan McLaughlin, sitting at his 'Drive-by, walk-by joke stand' with a wide smile was shared by his mother Kelsea on Instagram, where he has earned praises for his adorable efforts to make people smile. His mother requests in the caption to listen to a joke from him.

According to the CBC, Callaghan only knows 16-17 jokes which he learned from a joke book his mother gave him, and with these jokes, he does the best he can to make people have a hearty laugh.  The mother-son duo missed interacting with their neighbours due to the lockdown and came up with this idea that helps people cheer up.

 

 

 

View this post on Instagram

Please drive by and hear a joke from this kid 🥰 . . . #driveby #walkby #kidhumour #togetheryetapart #cadborobay

A post shared by Kelsea Murray-Roxburgh (@kelseamclaughlin) onApr 14, 2020 at 9:00am PDT

The post shared on Instagram received 188 likes with many users lauding him for his adorable effort to bring a smile on the faces of people. One user said, "What a sweet thing to do. You are a blessing." Another user said, "This is actually amazing! Well done Callaghan." A user commented, "This is so precious."

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In a touching gesture, a bride ensured her grandmother staying in an assisted home gets to be a part of her wedding by visiting her on her big day amid the Coronavirus scare. Shauna Varner from Minnesota stopped at nothing to involve her grandmother Janis Krueger in her wedding, even if it was from behind the glass door.

Varner and her fiancé Travis Scepaniak had planned a big wedding but had to call it off and smaller ceremony with a small number of guests due to the Coronavirus pandemic. As it was impossible to get Krueger out of the assisted home, Varner came up with an idea to get the administration there involved to help her.

The assisted home shared the heartfelt moment of  Varner making her bridal debut in front of Janice on their Facebook page, with the caption that read, “COVID-19 cannot stop true love.” The post, which concluded with the home conveying their wishes to the couple, also read that love radiated between the grandmother-granddaughter duo as soon as the bride got out of her car.

The post shared last week garnered more than 105680 views on Facebook with over 2,600 likes and was shared 531 times. Users commenting the video praised the bride’s gesture and conveyed their best wishes to the couple.

A user said, “This is so sweet that they would come to visit Grama and make her part of their special day! Congratulations to the happy couple and your families! Your dress is beautiful and the groom looks pretty good too!” Another user said, “How beautiful grandma could still participate ! Love has no boundaries ! Wonderful that the facility help make a dream come true!” One user said, “Wow!!! Goosebumps and tears! How very special!”

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North and South Korean troops exchanged fire along their tense border on Sunday, the South's military said, the first such incident since the rivals took unprecedented steps to lower front-line animosities in late 2018.

Violent confrontations have occasionally occurred along the border, the world's most heavily fortified. While Sunday's incident is a reminder of persistent tensions, it didn't cause any known casualties on either side and is unlikely to escalate, observers said. The Joint Chiefs of Staff in Seoul said in a statement that North Korean troops fired several bullets at a South Korean guard post inside the border zone. South Korea responded with a total of 20 rounds of warning shots on two occasions before issuing a warning broadcast, it said.

A preliminary South Korean analysis showed that the North firing wasn't likely a calculated provocation, though Seoul will continue examining whether there was any motivation for the action, a South Korean defense official said. The firing came a day after the North broadcast a video of Kim Jong Un reappearing in public after a 20-day absence.

S Korea refutes surgery rumour

North Korean leader Kim Jong Un did not undergo surgery or any other medical procedure, a South Korean official said on Sunday, amid speculation about his health that continues to linger even after he reappeared publicly. He refused to provide the basis for the intelligence assessment.

Glad Kim is back and well, says Trump

US President Donald Trump said Saturday he was "glad" about the reappearance of Kim Jong Un and that he is apparently healthy. "I, for one, am glad to see he is back, and well!" Trump tweeted, following Kim's first public appearance in nearly three weeks after rumours that he was seriously ill or possibly dead."

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The Disneyland theme park in Shanghai will reopen on May 11 under "enhanced health and safety measures," the firm said. Only limited attendance will be allowed initially, and visitors will need to book tickets and make reservations in advance. Social distancing will be maintained in lines for amenities, in restaurants, on rides and other facilities and sanitisation and disinfection will be boosted, it added.

With warmer weather and new virus cases and deaths falling to near-zero, China has been steadily re-opening, parks, museums and tourist sites such as the Great Wall of China and the Forbidden City ancient palace complex in Beijing. China has reported two confirmed cases and 20 new asymptomatic infections.

China asks US for proof
China on Wednesday dared US Secretary of State Mike Pompeo to show "enormous evidence" he claimed to have to prove that the virus originated from a lab in Wuhan and said he has no proof to back up his claims.

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India is projected to record the highest number of births in the 9 months since COVID-19 was declared a pandemic in March, with more than 20 million babies expected to be born in the country between March and December, according to top UN body. The United Nations Children's Fund (UNICEF) warned that pregnant mothers and babies born during the pandemic across the world were threatened by strained health systems and disruptions in services. An estimated 116 million babies will be born under the shadow of COVID-19 pandemic, UNICEF said on Wednesday, ahead of Mother's Day, observed on May 10.

These babies are projected to be born up to 40 weeks after COVID-19 was recognised as a pandemic on March 11. The highest numbers of births in the 9 months since the pandemic was declared are expected to occur in India, where 20.1 million babies are projected to be born between March 11 and December 16. Other countries with the expected highest numbers of births during this period are China (13.5 million), Nigeria (6.4 million), Pakistan (5 million) and Indonesia (4 million), it said. "Most of these countries had high neonatal mortality rates even before the pandemic and may see these levels increase with COVID-19 conditions," UNICEF said.

It is estimated that there will be 24.1 million births in India for the January-December 2020 period. UNICEF warned that COVID-19 containment measures can disrupt life-saving health services such as childbirth care, putting millions of pregnant mothers and their babies at great risk. Even wealthier countries are affected by this crisis. In the US, the sixth highest country in terms of expected number of births, over 3.3 million babies are projected to be born between March 11 and December 16.
"New mothers and newborns will be greeted by harsh realities," UNICEF said, adding they include global containment measures such as lockdowns and curfews; health centres overwhelmed with response efforts; supply and equipment shortages; and a lack of sufficient skilled birth attendants as health workers, including midwives, are redeployed to treat COVID-19 patients.

"Millions of mothers all over the world embarked on a journey of parenthood in the world as it was. They now must prepare to bring a life into the world as it has become ¿ a world where expecting mothers are afraid to go to health centres for fear of getting infected, or missing out on emergency care due to strained health services and lockdowns," UNICEF Executive Director Henrietta Fore said. "It is hard to imagine how much the coronavirus pandemic has recast motherhood" Fore said.
UNICEF said its analysis was based on data from World Population Prospects 2019 of the UN Population Division.

An average full-term pregnancy typically lasts a complete 9 months, or 39 to 40 weeks. For the purposes of this estimate, the number of births for a 40-week period in 2020 was calculated. The 40-week period of March 11 to December 16 is used in this estimate based upon the WHO's March 11 assessment that COVID-19 can be characterised as a pandemic. UNICEF warned that although evidence suggests that pregnant mothers are not more affected by COVID-19 than others, countries need to ensure they still have access to antenatal, delivery and postnatal services.

Similarly, sick newborns need emergency services as they are at high risk of death. New families require support to start breastfeeding, and to get medicines, vaccines and nutrition to keep their babies healthy, it said. "This is a particularly poignant Mother's Day, as many families have been forced apart during the coronavirus pandemic, but it is also a time for unity, a time to bring everyone together in solidarity. We can help save lives by making sure that every pregnant mother receives the support she needs to give birth safely in the months to come," Fore said.

Issuing an urgent appeal to governments and health care providers to save lives in the coming months, UNICEF said efforts must be made to help pregnant women receive antenatal checkups, skilled delivery care, postnatal care services, and care related to COVID-19 as needed. Ensure health workers are provided with the necessary personal protective equipment and get priority testing and vaccination once a COVID-19 vaccine becomes available so that can deliver high quality care to all pregnant women and newborn babies during the pandemic, it said.

While it is not yet known whether the virus is transmitted from a mother to her baby during pregnancy and delivery, UNICEF advised all pregnant women to follow precautions to protect themselves from exposure to the virus. Closely monitor themselves for symptoms of COVID-19 and seek advice from the nearest designated facility if they have concerns or experience symptoms. Pregnant women should also take the same precautions to avoid COVID -19 infection as other people: practice physical distancing, avoid physical gatherings and use online health services, it said.

UNICEF said even before COVID-19 pandemic, an estimated 2.8 million pregnant women and newborns died every year, or 1 every 11 seconds, mostly of preventable causes.
The agency called for immediate investment in health workers with the right training, who are equipped with the right medicines to ensure every mother and newborn is cared for by a safe pair of hands to prevent and treat complications during pregnancy, delivery and birth.

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[Source: Research & Innovation] An EU-funded consortium is developing advanced X-ray and 3D imaging technologies to enable European miners to extract essential metal and mineral resources more efficiently and sustainably.

[Source: Research & Innovation] The Danish island of Bornholm is the first ever winner of the EU RESponsible Island Prize. The Danish island won the title in recognition for its innovative energy solutions and its contribution to a sustainable and climate-friendly Europe, the European Commission announced today. The second prize went to the island of Samsø, also in Denmark, and the third prize to the Orkney Islands in the United Kingdom.

[Source: Research & Innovation] A total of 117 innovative solutions to tackle the coronavirus have been selected as winners of the European Innovation Council-led #EUvsVirus Hackathon.

[Source: Research & Innovation] EU-funded researchers have developed an ultrasensitive test to rapidly, accurately and cost-effectively diagnose disease, underpinned by innovative biosensing technology that could help combat the COVID-19 pandemic, HIV and cancer.

[Source: Research & Innovation] Polymer Comply Europe (PCE) is pleased to announce its next live webinar on the polynSPIRE project “Demonstration of innovative technologies towards a more efficient and sustainable plastic recycling”, organised on behalf of European Plastics Converters (EuPC) and the polynSPIRE project. The live webinar will focus on recycling and redesigning the plastics value chain are essential in reusing plastic waste material and avoiding landfill. Webinar agenda: Welcome & Introduction About CIRCE The polynSPIRE project: goals, challenges and progress Questions & Answers Closing

The Indian Government has provided an update on the roll-out of the e-Way Bill system, which was introduced on April 1, 2018, confirming it will be extended to another five states from April 15, 2018.

India is to receive bank account information from HSBC, after Switzerland's highest court ruled that the bank is obligated to provide data requested where the leaked data has not been purchased.

Officials from Switzerland and India have discussed the automatic exchange of tax information and free trade.

The Dutch Ministry of Finance announced on February 1, 2019, that the work-related costs scheme will be improved from 2020.

Switzerland and the Netherlands have signed a protocol to their double tax agreement that will bring it into line with international standards.

The UK Government on January 6, 2020, released the synthesized text of the 2008 Netherlands-UK double tax agreement, as modified by the BEPS multilateral instrument.

On January 11, 2020, Dutch Minister of Finance Wopke Hoekstra informed the House of Representatives about the Government's plans to restructure the tax authorities.

The Dutch Ministry of Finance has announced that around 24,000 small traders will be able to defer their wage tax declarations this year due to problems with the Government's new online portal for businesses.

On March 17, 2020, the Dutch Ministry of Finance announced that the Government has adopted a package of measures intended to protect the economy from the coronavirus epidemic, including several tax changes.

The UK Conservative Party has agreed to consider reducing the rate of Air Passenger Duty for airports in Northern Ireland after agreeing a coalition government with the Northern Ireland's Democratic Unionist Party party.

The European Commission and the Swiss Federal Council have each approved proposals to link their emissions trading systems, meaning formal signature of a new agreement could take place by the end of the year.

The Dutch Government has begun a public consultation exercise on plans to introduce a new tax on air travel by 2021.

The Swiss Federal Council is consulting on proposed changes to the CO2 Ordinance, which would link the Swiss and EU emissions trading systems.

On May 28, 2019, Dutch State Secretary for Finance Menno Snel issued an update on the Government's 2019 fiscal agenda, which includes an outline of tax legislative proposals that the Government intends to submit to parliament in the remainder of the year.

Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions.

Indian share markets ended their trading session lower yesterday.

Benchmark indices edged lower tracking weak global cues as investors fretted over weak economic data and rising COVID-19 cases.

Barring energy stocks, all sectoral indices ended on a negative note with stocks in the power sector, telecom sector and consumer durables sector witnessing most of the selling pressure.

At the closing bell yesterday, the�BSE Sensex stood lower by 242 points and the�NSE Nifty�closed down by 72 points.

The SGX Nifty�was trading at 9,200, down by 53 points, at the time of writing.

The�BSE Mid Cap�index and the�BSE Small Cap�index ended their day down by 0.5% and 0.1%, respectively.

Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.

You would be interested in knowing when the market will likely bottom out.

Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.

You can check the same here -�This is When the Stock Market Will Bottom Out

Also, our special report, How to Trade the Coronavirus Crash, is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. You can�claim your FREE copy here...

Top Stocks in Focus Today

From the pharma sector, Dr Reddy's Laboratories share price will be in focus as the company announced that the its NDA (new drug application) Elyxyb ((celecoxib oral solution 25 mg/mL) has been approved by the US Food and Drug Administration.

The drug is indicated for the acute treatment of migraine with or without aura in adults.

From the IT sector, HCL Technologies share price will also be in focus as the company reported a 22.8% year-on-year (YoY) rise in consolidated net profit at Rs 31.5 billion compared with Rs 25.7 billion in the same quarter last year.

Revenue for the quarter rose 16.3% YoY to Rs 185.9 billion from Rs 159.9 billion reported in the year-ago quarter. In dollar terms, revenue rose 11.7% YoY to US$ 2,543.40 million from US$ 2,277.80 million. On a sequential basis, dollar sales were flat. Sales growth in constant currency terms rose 13.5% YoY to US$ 2,584.60 million.

To know more about the company, you can read HCL Technologies' Q4FY20 result analysis on our website.

Market participants will also be tracking RBL Bank share price, Cyient share price and Gillette share price as these companies announced their March quarter results yesterday.

You can read our recently released Q4FY20 results of other companies here: Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�HUL,�Reliance Industries,�Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems.

GSK Sells Stake in HUL via Block Deal

From the FMCG sector, Hindustan Unilever (HUL) share price will be in focus as the UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals yesterday.

According to the term sheet, over 133 million shares are being offered in the range of Rs 1,850-1,950 to investors through a special block window. The deal will be valued roughly between Rs 246 billion to Rs 259 billion.

GSK and�Horlicks�are selling up to US$ 3.4 billion worth of HUL shares through what could be India's biggest secondary market block trades.

The British drug maker is looking to monetise about 5.7% of�HUL stock it had got after last year's merger of GSK Consumer Healthcare and HUL.

As per the scheme of amalgamation amongst GSK Consumer Healthcare and HUL, GlaxoSmithKline Pte had received 54.08 million shares of HUL, meanwhile Horlicks received 79.69 million shares.

Accordingly, parent company Unilever Plc and group companies' stake in HUL reduced to 61.9%, from 67.2% earlier after the issue of new shares.

Yes Bank Q4FY20 Results

Yes Bank reported better-than-expected March quarter (Q4FY20) results.

Yes Bank�posted a net profit of Rs 26.3 billion on the back of one-time gain attributed to an exceptional item of Rs 63 billion.

The bank has written-down additional tier-1 bonds as part of its planned reconstruction scheme, leading to a one-time gain of Rs 63 billion.

In the absence of the exceptional gain, the bank would have reported a net loss of Rs 36.7 billion.

The bank had reported a net loss of Rs 15.1 billion a year ago, while the same was Rs 185.6 billion in Q3FY20.

The bank's net interest income (NII) for the March quarter came in at Rs 12.7 billion, up 19.6% sequentially.

Net interest margin (NIM) for Q4FY20 came in at 1.9%, compared to 3.1% a year ago.

On the asset quality front, gross non-performing assets (NPA) fell 19% QoQ to Rs 328.8 billion, mostly on account of write-offs.

The bank's deposits plunged to Rs 1.05 lakh crore, down 54% YoY compared with Rs 2.27 lakh crore.

Meanwhile, Advances declined 29% YoY to Rs 1.7 lakh crore from Rs 2.4 lakh crore in the year-ago quarter.

For the financial year 2019-20 (FY20), the private lender posted a loss of Rs 164.2 billion, on a standalone basis, compared to net profit of Rs 17.2 billion in the previous year.

To know more, you can read Yes Bank's latest result analysis on our website.

Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.

This is evident from the chart below:

India's Huge Lending Opportunity

Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.

Here's what Tanushree Banerjee wrote about this in one of the editions of�The 5 Minute WrapUp...

• Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.
  
  The Modi government is looking at various ways�to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.
  
  Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.
  
  Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this�megatrend.

Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.

As per her, now is the right time to buy these stocks to profit from the�Rebirth of India.�You can read about them here.

And to know what's moving the Indian stock markets today, check out the most recent�share market updates here.

ASHOK LEYLAND share price has zoomed 5% and is presently trading at Rs 48.

Meanwhile, the BSE AUTO Index is at 12,741 (up 1.7%).

Among the top Gainers in the BSE AUTO Index today is ASHOK LEYLAND (up 5.1%).

Over the last one year, ASHOK LEYLAND has moved down from Rs 86 to Rs 48, registering a loss of Rs 37 (down 43.5%).

On the other hand, the BSE AUTO has moved down from 18,491 to 12,741, loss of 5,750 points (down 31.2%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were MRF LTD. (up 11.8%) and BALKRISHNA INDUSTRIES (up 6.4%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.6%).

The top gainers among the BSE Sensex stocks today are HUL (up 3.3%), INDUSIND BANK (up 2.5%) and BAJAJ FINANCE (up 2.3%). Other gainers include RELIANCE IND. (up 2.3%) and TATA STEEL (up 2.3%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 9,383 (up 1.5%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 4.1%), INDIABULLS HOU. FIN. (up 3.8%) and HUL (up 3.2%). Other gainers include HINDALCO (up 2.5%) and ZEE ENTERTAINMENT (up 2.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 16.54%).

ASHOK LEYLAND Financial Update...

ASHOK LEYLAND net profit down at Rs 278 million for the quarter ended December 2019, compared to a loss of Rs 4 billion a year ago. Net Sales declined 36.5% to Rs 40.2 billion during the period as against Rs 63.3 billion in October-December 2018.

For the year ended March 2019, ASHOK LEYLAND reported 19.7% increase in net profit to Rs 21.8 billion compared to net profit of Rs 18.2 billion during FY18.

Revenue of the company grew 11.0% to Rs 332 billion during FY19.

The current Price to earnings ratio of ASHOK LEYLAND, based on rolling 12 month earnings, stands at 15.0x.

This article (ASHOK LEYLAND Surges by 5%; BSE AUTO Index Up 1.7%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

Asian stock markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.6% while the Hang Seng is up 0.9%. The Nikkei 225 is trading up by 1.8%. Wall Street's indices climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by the coronavirus-induced economic downturn.

Trends on SGX Nifty indicated a positive opening for the index in India with a 91 points gain.

India share markets opened higher. The BSE Sensex is trading up by 542 points while the NSE Nifty is trading up by 158 points. The BSE Mid Cap index and BSE Small Cap index opened up by 0.9% and 0.6% respectively.

All sectoral indices are trading in green with metal stocks and banking stocks witnessing maximum buying interest.

Note that the�coronavirus impact�has shaken markets worldwide. For the�BSE Sensex, FY20 was the second worst year post FY08, the year of the global financial crisis.

Good Time to Start Investing Now?

Naturally, there is an atmosphere of fear all round.

Is it time to sell stocks now? Will the correction get worse?

History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.

If you can�find good businesses�that can survive the current crisis, you will do well in the long run.

Moving on, the rupee is currently trading at 75.57 against the�US$.

Gold prices are currently trading up 1.7% at Rs 46,161.

Gold prices in India edged lower in yesterday's trade though it remained in a narrow range.

On MCX, June gold futures fell about Rs 30 to Rs 45,340 per 10 gram, extending losses to the third day.

Gold prices had fallen about Rs 426 per 10 gram in the previous session. Silver futures also gave up early gains and were down 0.1% to 41,803 per kg.

In global markets, gold prices edge higher today after a sharp fall in the previous session.

Spot gold climbed 0.3% to US$1,690.19 per ounce, after a 1% fall in the previous session. Despite bleak economic data, the dollar's strength is weighing on gold.

The US dollar today touched a more than one-week high against a basket of major currencies. Besides firmer dollar, some bullion refineries restarted have production, easing supply-side concerns.

Moving on to mutual funds sector. Investors pumped Rs 837.8 billion in equity-oriented mutual fund (MF) schemes in FY20, registering a decline of 25% from the Rs 1.11-trillion inflows in the preceding year.

However, this was the sixth successive year of net inflows in equity mutual funds, according to data by the Association of Mutual Funds in India.

The flows into equity funds in the last fiscal were lower than the flows in 2018-19 primarily because of the equity markets displaying volatility, which made some investors take a break from making fresh equity investments.

Net inflows in these funds were Rs 1.7 trillion in FY18, Rs 703.7 billion in FY17, Rs 740.2 billion in FY16, and Rs 710.3 billion in FY15. However, they had witnessed a net outflow of Rs 92.7 billion in FY14.

To know what's moving the Indian stock markets today, check out the most recent�share market updates here.

BANDHAN BANK LTD share price has plunged 5% and is presently trading at Rs 262.

Meanwhile, the BSE BANKEX Index is at 22,880 (up 0.1%).

Among the top losers in the BSE BANKEX Index today are BANDHAN BANK LTD (down 5.0%) and RBL BANK LTD (down 8.1%).

ICICI BANK (up 2.0%) and KOTAK MAHINDRA BANK (up 1.4%) are among the top gainers today.

Over the last one year, BANDHAN BANK LTD has moved down from Rs 590 to Rs 262, registering a loss of Rs 328 (down 55.5%)..

The BSE BANKEX has moved down from 32,704 to 22,880, loss of 9,824 points (down 30.0%) during the last 12 months.

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 0.7%). The top gainers among the BSE Sensex stocks today are HUL (up 4.0%). The most traded stocks in the BSE Sensex are ICICI BANK and RELIANCE IND..

In the meantime, NSE Nifty is at 9,383 (up 0.8%). DR. REDDYS LAB (up 4.3%) and HUL (up 4.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of 6,188 points (down 17.24%).

BANDHAN BANK LTD Financial Update...

BANDHAN BANK LTD net profit stood at Rs 7 billion for the quarter ended December 2019, compared to a profit of Rs 3 billion a year ago. Operating income rose 64.7% to Rs 27.2 billion during the period as against Rs 16.5 billion in October-December 2018.

For the year ended March 2019, BANDHAN BANK LTD reported 45.0% increase in net profit to Rs 19.5 billion compared to net profit of Rs 13.5 billion during FY18.

Revenue of the company grew 38.4% to Rs 66 billion during FY19.

The current Price to earnings ratio of BANDHAN BANK LTD, based on rolling 12 month earnings, stands at 9.3x.

This article (BANDHAN BANK LTD Plunges by 5%; BSE BANKEX Index Up 0.1%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

Indian share markets ended their trading session on a positive note today.

Benchmark indices edged higher, tracking overnight gains in the US market and positive Asian stock markets.

Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.

Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.

At the closing bell, the�BSE Sensex�stood higher by 199 points (up 0.6%) and the�NSE Nifty�closed higher by 52 points (up 0.6%).

SGX Nifty�was trading at 9,260, up by 64 points, at the time of writing.

The BSE Mid Cap�index ended up by 0.1%, while the�BSE Small Cap�index ended the day down by 0.5%.

On the sectoral front, gains were seen in the energy sector and FMCG sector, while power stocks witnessed selling pressure.

Asian stock markets�finished on a strong note as of the most recent closing prices.

The�Hang Seng�was up 1% and the Nikkei was trading higher by 2.6%. The Shanghai Composite was up 0.8%.

European markets were trading on a positive note. The DAX was trading up by 0.8%, while the CAC 40 was trading up by 0.7%.

The rupee was trading at 75.55 to the US$ at the time of writing.

Gold prices�are currently trading up by 0.2% at Rs 46,274.

Speaking of the current stock market scenario, Indian stock markets have seen a stunning recovery over the last 5 weeks.

From its all-time high levels of 42,274 touched on January 20 this year, the Sensex crashed 39% to a multi-year low at 25,639 on March 23. Later, the index made a rapid recovery till April 30 as it added 4,250 points.

Thereafter, in just two sessions of this month, Sensex lost 7%.

Excluding this week's 7% fall, of all the rebounds after a 35%-40% fall in the market, the current one has been the biggest by a distance.

This is evident from the chart below:

Sensex: From Bear to Bull in 30 Days

While the Sensex has rebounded sharply, there are still many stocks out there that are trading at attractive valuations.

Co-head of research at�Equitymaster, Rahul Shah, believes this is a good time to get into stocks, even if you missed the rally because the market is fairly valued.

History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.

If you can�find good businesses�that can survive the current crisis, you will do well in the long run.

Moving on, market participants were tracking�Shree Cement share price,�TCI Express share price, and�SBI Cards and Payment Services share price�as these companies announced their March quarter results (Q4FY20) today.

You can read our recently released Q4FY20 results of other companies here:�Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�Reliance Industries,�Marico,�Kansai Nerolac,�NIIT Technologies,�Persistent Systems,�SKF India.

In news from the banking sector, RBL Bank share price was in focus today.

The private lender on Thursday reported a 54% decline in its March quarter net profit to�Rs 1,143 million on the back of higher provisions.

The bank's total provisions trebled on a year-on-year (YoY) basis and stood at�Rs 6.1 billion in Q4FY20. It holds�Rs 1,079.5 million of provisions in excess of what RBI has mandated for covid-19 related moratorium.

The lender logged a 37% YoY growth in its operating profit at Rs 7.7 billion compared to Rs 5.6 billion a year ago.

The bank's total revenue jumped 33% YoY to Rs 15.2 billion from Rs 11.5 billion reported in Q4FY19.

RBL Bank's net interest margin (NIM) stood at 4.93% in the March quarter. Its net interest income (NII) grew 38% YoY to�Rs 10.2 billion in Q4FY20.

The bank's deposits fell 1% to�Rs 578.1 billion in Q4FY20. Current and savings account (Casa) deposits grew 17% and 2% sequentially to�Rs 171.1 billion in the March quarter.

The private lender's advances increased 7% to�Rs 580.2 billion.

For the financial year 2019-20, the bank's total income stood at Rs 55.4 billion, up 39% YoY from Rs 39.8 billion, while its operating profit jumped 42% YoY to Rs 27.5 billion.

To know more, you can read RBL Bank's Q4FY20 result analysis on our website.

Moving on to news from the pharma sector, shares of Dr Reddy's Laboratories rallied 8% today to hit a 52-week high of Rs 4,132, after the company received the Establishment Inspection Report (EIR) from US health regulator for its manufacturing plant at Srikakulam.

In a regulatory filing, the company said it has received EIR from the US Food and Drug Administration (USFDA), for the Active Pharmaceutical Ingredients (API) manufacturing plant at Srikakulam, Andhra Pradesh (CTO VI).

The site was issued warning letter in November 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now.

Dr Reddy's Laboratories share price ended the day up by 3.8%.

In other news, Laurus Labs share price witnessed selling pressure today. Stock of the company�slipped 10% today after more than 30 million equity shares of the pharmaceutical company changed hands via multiple block deals.

As much as 19.1 million shares were traded on BSE, while on the National Stock Exchange (NSE), about 15.3 million shares changed hands.

Last week, the company had reported its consolidated net profit at Rs 1.1 billion, which more than doubled from Rs 430 million reported in the year-ago quarter.

The company's board also recommended for the sub-division of equity shares of the company from existing face value of Rs 10 each to face value of Rs 2 each, subject to regulatory approvals.

Speaking of the pharma sector, in December 2019, co-head of Research at�Equitymaster, Tanushree Banerjee had predicted that pharma could be the sector to see a�big rebound in 2020.

And rightly so, most�pharma companies�have re-emerged as the safer bets for investors in the ongoing market turmoil. Last month, the Indian rupee touched a new record low of Rs 76.92 against the US dollar. Most�pharma companies�generate their revenues through exports. Hence, a depreciating rupee is a positive development for them.

As per Tanushree, in a�post Covid-19 world, healthcare expenditures globally will see a big rejig.

Tanushree has her eyes on an exciting tech stock. The company in question is developing its medical division. It's focusing on telemedicine, which Tanushree believes will be a huge growth driver in a post Corona world.

Looking at the potential upside in the stock, over a period of five to ten years, Tanushree believes investors could become a�One Stock Crorepati.

To know what's moving the Indian stock markets today, check out the most recent�share market updates here.

African countries are steadily improving their tax revenue collections, according to Revenue Statistics in Africa 2017, a new report released recently at a meeting of tax and finance officials from 21 African countries.

44 African countries have signed a landmark free trade pact to simplify tax and non-tax rules for trading between their borders.

Owing to the coronavirus pandemic, tech giants Facebook and Google will allow the majority of their employees to work from home.

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.

The Swiss Government has said that from January 31, individuals and legal entitles domiciled in Germany will be able to use an online Swiss application to request a refund of Swiss withholding tax.