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Govt raises market borrowing plan to Rs 12 lakh crore for FY2021

RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020)




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UN: Live animal markets shouldn't be closed despite virus

The World Health Organization (WHO) said on Friday that although a market in the Chinese city of Wuhan selling live animals likely played a significant role in the emergence of the new coronavirus, it does not recommend that such markets be shut down globally. In a press briefing, WHO food safety and animal diseases expert Peter Ben Embarek said live animal markets are critical to providing food and livelihoods for millions of people globally and that authorities should focus on improving them rather than outlawing them -- even though they can sometimes spark epidemics in humans. "Food safety in these environments is rather difficult and therefore, it is not surprising that sometimes we also have these events happening within markets," Ben Embarek said. He said reducing the risk of disease transmission from animals to humans in these often overcrowded markets could be addressed in many cases by improving hygiene and food safety standards, including separating live animals from ...




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Being ostracized: Virus leaves its mark for UK's elderly

From resounding applause to ostracization and isolation. That's essentially the journey Lt. Cmdr. Robert Embleton, who served 34 years in Britain's Royal Navy, took by ambulance when discharged from Derriford Hospital in Plymouth, southwestern England, on April 8 following his near-month sickness with COVID-19. Arriving at his retirement home, he immediately went into self-isolation with his wife of 55 years, Jean, who has shown no symptoms of the virus. Soon after, Embleton realized he was carrying some new baggage the stigma of the virus. He even considered buying a bell to warn of his presence. I was regarded as a sort of leper, a plague carrier. Some people when they spotted me, they recoiled, the 79-year-old told The Associated Press. I was particularly regarded as a menace. That's some contrast to his final moments at Derriford Hospital, when the somewhat embarrassed Embleton received a round of applause from all the front-line staff from the cleaners to the doctors. Embleton ..




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Putin marks Victory Day in virus-reduced ceremony

Russian President Vladimir Putin marked Victory day, the anniversary of the defeat of Nazi Germany in World War II, in a ceremony shorn of its usual military parade and pomp by the coronavirus pandemic. Putin on Saturday laid flowers at the tomb of the unknown soldier just outside the Kremlin walls and gave a short address honouring the valour and suffering of the Soviet army during the war. Victory Day is Russia's most important secular holiday and this year's observance had been expected to be especially large because it is the 75th anniversary, but the Red Square military parade and a mass procession called The Immortal Regiment were postponed as part of measures to stifle the spread of the virus. The only vestige of the conventional show of military might was a flyover of central Moscow by 75 warplanes and helicopters. In the final events of the VE Day commemoration in Western Europe, which took place a day earlier, Berlin's landmark Brandenburg Gate was illuminated late ...




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Russia, Belarus mark Victory Day in contrasting events

Russian President Vladimir Putin marked Victory Day, the anniversary of the defeat of Nazi Germany in World War II, in a ceremony shorn of its usual military parade and pomp by the coronavirus pandemic. In neighboring Belarus, however, the ceremonies went ahead in full, with tens of thousands of people in the sort of proximity that has been almost unseen in the world for months. Putin on Saturday laid flowers at the tomb of the unknown soldier just outside the Kremlin walls and gave a short address honoring the valor and suffering of the Soviet army during the war. Victory Day is Russia's most important secular holiday and this year's observance had been expected to be especially large because it is the 75th anniversary, but the Red Square military parade and a mass procession called The Immortal Regiment were postponed as part of measures to stifle the spread of the virus. The only vestige of the conventional show of military might was a flyover of central Moscow by 75 warplanes and .




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Record single-day spike of 21 cases push Jharkhand COVID-19 tally to 153

Jharkhand on Friday reported its highest single-day spike in COVID-19 cases with 21 people testing positive, taking the total number of infections to 153 in the state, officials said. Of the total 455 swab samples tested during the day, 21 tested positive for COVID-19, said the Director of the Rajendra Institute of Medical Sciences (RIMS), Dr D K Singh. He said 25 more people recovered from the infection, bringing the total number of cured people in the state to 77. The officials did not provide any details of the 21 people who tested positive for COVID-19 in the state on Friday. Since the outbreak of the pandemic on March 31 in the state, two persons have died of the infection while one COVID-19 patient died due to underlying health condition after testing negative.




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Close shave for Jharkhand workers walking on railway tracks

A group of 20 migrant workers returning to Jharkhand from West Bengal's Birbhum district by walking along railway tracks had a narrow escape when an inspection van stopped in front of them on a river bridge, officials said on Saturday. The labourers had managed to reach the temple town of Tarapith from Purba Bardhaman district during the lockdown and started on foot from there towards neighbouring Jharkhand on Friday night. When they were on a bridge over the river Brambhani around 9.30 PM, an inspection van came from the opposite direction, from Pakur in Jharkhand, officials said. The driver of the inspection van applied emergency brake after he noticed the people, who included women and children, on the track. After the driver informed the control room, a GRP team reached there and brought them to Nalhati in Birbhum district, officials said. Efforts are on to send the 20 people, who are now sheltered in the Nalhati I BDO's office, to Jharkhand. The incident occurred ...




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Movies and Theme Parks: 'Baby Shark' Creators Look to Expand Empire

The South Korean company behind the hit video "Baby Shark" is hoping to expand its empire with films and merchandise while pursuing the next viral sensation. Its strategy aims to beat competitors in an increasingly crowded space for children’s attention. Image: Pinkfong




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Grand Princess Passengers Disembark in Oakland

Carnival's Grand Princess cruise ship docked in Oakland, Calif., on Monday. The ship had spent days off shore after several passengers and crew tested positive for the novel coronavirus. Photo: Noah Berger/Associated Press




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This IFS officer saved a national park


Jyotsna Sitling's gargantuan assignment involved ridding a buffer zone of the Nanda Devi Biosphere Reserve in Uttarakhand of mountain-high piles of plastic and non-biodegradable waste, dumped by pilgrims over the last three decades on their way to Hemkund Sahib. She elicited the help of the community and did it, reports Neeta Lal.




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Coal waste darkens the Kelo


It is plain for all to see that untreated mining waste is being discharged into the river around Khamaria, but it is equally plain that the government is doing nothing about it. Kanchi Kohli reports.




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Unapproved seeds on the market


The easy availability of Bt Cotton seeds without consent from the government is making a mockery of the regulatory environment. Ashok Sharma reports.




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Jitters in Europe Hitting Asian Markets

Markets in Asia refuse to shrug off worries in Europe. The WSJ's Deborah Kan speaks to Hong Kong Digital Editor Jake Lee about how fears over contagion in Europe are impacting Asia.




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U.S. Markets Nervous About Direction of Europe

U.S. stock futures advanced, buoyed by gains in European markets, but caution prevailed given increasing worries about Spain's debt crisis. Paul Vigna has details on The News Hub. Photo: Bloomberg.




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Markets Cautiously Try to Rebound From Losses

Stocks edged higher, rebounding from sharp losses on Monday, though caution about Spain's debt crisis lingered ahead of a pivotal weekend election in Greece. Steven Russolillo reports on Markets Hub. Photo: Reuters.




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Runway Recap: Carolina Herrera, Mary-Kate and Ashley Olsen, Polo in the Park and more from Day 5 of NYFW

GoPros on the runway at Rag & Bone, a 4-D fashion show at Ralph Lauren and more from the tech-heavy fifth day of New York Fashion Week.




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Why the Bull Market Will Keep on Raging

Mary Ann Bartels, CIO of portfolio solutions at Merrill Lynch, says low interest rates will continue to support U.S. stocks, and emerging market stock valuations are "the best on the planet."




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‘Tiger King’ Popularity Highlights Market for Big Cats in U.S.

The Netflix documentary series "Tiger King" sheds light on the culture of tiger ownership in the U.S., but doesn’t reveal how prolific this culture really is. This video explains the patchwork of state laws that makes private ownership of tigers hard to regulate. Illustration: Carter McCall/WSJ




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Barron's Buzz: Machine-Driven Market, Oil, E-Cars

Senior Editor Jack Hough looks at the latest issue. About 90% of market volume is money pouring into index funds and formula-driven funds. What that means for ordinary investors. Oil could be headed to $60. We have stock picks for energy investors. And how to invest electric cars while avoiding risk? Consider shares of Borg Warner.




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3 Cheap Growth Stocks for Any Market

These companies have a record of prospering in good times and bad, says Rob McIver, co-manager of the top-rated Jensen Quality Growth fund.




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One ETF for a High-Momentum Market

Sharon French, head of Beta Solutions at Oppenheimer funds, explains factor investing, and what's working now.




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From mandis to markets : Will this round be any better?


The second attempt of the NDA government to create a market for farmers' produce may not fare much better than the first one, for the same reason - it fails to address the asymmetry of power between the farmers and buyers, writes Kannan Kasturi.




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DISCOMs face a stark future


The energy sector is undergoing a massive transformation, with large customers option for direct access from producers and those in the middle looking for decentralised storage and consumption. Between these forces, the old distribution business faces serious risk, says a report from the Prayas Energy Group.




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Tsunami, mangroves and market economy


The Tsunami of 26 December did not invade several coastlines to the degree it did many others because of mangroves and coral reefs. Mangroves offer double protection, but India has seen their rampant cutting down in favour of tourism and shrimp farming, says Devinder Sharma.




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The charkha and the naturalist


Not only is the division between an outer world of 'things out there' and an inner world of 'thoughts and feelings' a false distinction rooted in a particular historical trajectory, it is also pernicious, writes Rajesh Kasturirangan.




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Back-pedaling the market mantra


The Chawla Committee backs away from recent efforts to create a market for water rights. Still, it doesn't go far enough in recognising the importance of citizens' involvement. Shripad Dharmadhikary reports.




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The slow destruction of NREGA: Evidence from Jharkhand


Wage delays, inadequate manpower and the indifference of authorities to real issues on the ground are stripping the employment guarantee programme of its strong potential to improve rural lives, and budget cuts have only made it worse. Ankita Aggarwal reports from Jharkhand.




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The missing ‘market’ for agriculture


The first of a three part series on the crisis facing farmers today by Kannan Kasturi.




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Organic : Market-driven and sustainable?


In a significant move, the Kerala government has decided to promote the production and marketing of organic food. C Surendranath reports.




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Mindful markets


Today there is much more space for the idea that we can succeed in the market-place as social and moral beings not merely as slaves to some supply and demand curves, says researcher Rajni Bakshi, author of Bapu Kuti. She spoke on socially responsible investing at the National Stock Exchange, Mumbai, on the NSE Annual Day, October 21st, 2005.




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There are more things in heaven and earth than stock markets!


The media frenzy over Narendra Modi’s first 100 days in office is complemented by the cheer in markets, but Devinder Sharma sounds a caveat against judging the performance of the government by the standards of markets alone.




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Surgical strikes: Missing the mark


Some months after advocating limited and focused attacks on Pakistan-based terror camps, FICCI has a rethink. Corporate concerns and the armed forces' unpreparedness are finding common ground, writes Firdaus Ahmed.




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Home truths on market fundamentalism


Venu Govindu reviews Globalization and its Discontents, by Joseph Stiglitz, the winner of the 2001 Nobel prize for economics.




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Areca leaf chappals seek market lift


Three and half decades after a scientist demonstrated the idea, chappals made with areca leaf sheaths have hit the market from Kerala. Shrikrishna D writes about the early success and challenges.




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Creative solutions, sarkari-style


The many ways in which officials in a region gripped by crisis try to deal with it can be intriguing. Even entertaining. From advising farmers to plant crops in line with zodiac signs to suggesting they bear arms against moneylenders — it's all happening in Vidarbha, writes P Sainath.




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Why the market fails to lure Mali Parbat’s militant environmentalists


The efforts of metals major Hindalco to mine bauxite from Mali Parbat in Odisha has run up against stiff resistance from local Kondh adivasis, who wouldn’t shy away from militancy to protect their ecology, if needed. Javed Iqbal explores why they reject ‘industrial development’.




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Sarkar-approved contributions only


In the name of internal security, the Foreign Contributions (Regulation) Bill would add to the government's already long list of rules applicable to voluntary organisations, even as it ignores the fact that they receive less than one per cent of the foreign funds flowing into the country. Priya Narayan Parker presents a legislative brief.




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Bangalore's MLA races may spark change


As the Lok Satta party, with its crop of image-defying politicians, raises hopes for a new brand of politics, Subramaniam Vincent catches up with party leader Dr Jayaprakash Narayan on the party's hopes at the Karnataka polls and possibilities of a larger wave of political reforms in the country.




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Is it too late for Jharkhand's adivasis?


"There is this growing feeling among the adivasis of Jharkhand that in this newly created state, given to them only in name, they stand at the crossroads," runs the commentary in Ab Aur Waqt Nahin, a documentary film directed by Abhijoy Karlekar. Shoma Chatterji reviews the film.




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Jharkhand's "government by fiction"


"The main hurdle to the development of Jharkhand is political: the state’s resources are under the control of this criminal nexus, and people have no say." Jivesh Singh interviews Jean Dreze on Jharkhand's 10th anniversary.




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Coal-related pollution chokes mining towns in Jharkhand


The Dhanbad and Jharia regions in Jharkhand, noted for rampant coal mining and related operations, face grave environmental issues due to dumping of pollutant by-products from coal washeries. Shripad Dharmadhikary reports after a visit to Dhanbad.




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Jharkhand looks at better planning to aid NREGA outcomes


A state-wide campaign called “Yojana Banao Abhiyan” undertaken to plan for NREGA implementation in Jharkhand has sensitized the people and authorities to the potential of the scheme and recharged local democratic institutions. Ankita Aggarwal reports.




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Pioneering library sparks volunteerism


Launched after a successful international pledge campaign in 2007, the Bakul children's library in Bhubaneshwar is slowly turning into a node for various kinds of volunteering. Professors, young artists, students, organisers and others have started chipping in. Sailen Routray has more.




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New sparkle in Assam's jewels


With training from the Indian Institute of Entrepreneurs, a new generation of jewellery traders is making its mark in Assam, focusing on traditional designs. Ratna Bharali Talukdar reports.




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The Jurassic auto and idea park


The U.S. auto giants are an example of how things work in the age of unbridled corporate power. Of how the collapse of restraint on that power fractures economy and society, writes P Sainath.




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Ideas to market Jackfruit


Shrikrishna D




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Bangalore's graduate MLC race has stark contrasts


Graduates are difficult to influence with money and liquor, says one BJP campaigner flatly about the race for Bengaluru’s MLC seat. The Lok Satta candidate meanwhile is targeting precisely the reform seekers amongst the elite. Navya P K reports.




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Cotton marketing fails Vidarbha farmers


The Maharashtra State Cotton Growers’ Marketing Federation was originally setup to procure cotton from growers at reasonable prices and sell it to mills and traders. Instead, with government policies not helping, it has trapped itself and farmers in a vicious cycle of debt and losses, reports Jaideep Hardikar.




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No rain, but 'snow' and waterparks


Water-starved Vidharbha has a growing number of water parks and amusement centres. The iron laws of rural life don't apply in the entertainment complexes built right next to the poor. In a region that scarcely receives adequate water to meet people's drinking needs, there is plenty of water for the playgrounds of the rich, finds P Sainath.




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From market yard to police yard


Fertilizer shortages have sparked unrest across large swathes of rural Maharashtra and other States as well. In Washim, every constable and officer is deployed right within the police compound, distributing fertilizer. P Sainath reports.