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Coronavirus Update: U.S. Weighs Oil Aid, Netflix Subscriptions Surge

As a $484 billion aid package for small businesses moves to the House, the administration weighs helping oil companies; Wisconsin’s Republicans sue over the stay-at-home order; Netflix posts breakneck subscriber growth. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Mark Felix/AFP




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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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IRCTC IPO ends with bumper subscription

Receives bids for 225.69 crore shares




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CSB Bank IPO ends with robust subscription

Receives bids for 100.44 crore shares




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Retirement Calculators, Assumptions and Statistical Methods

Retirement calculators employ different assumptions to help users predict whether their rate of savings will support their current lifestyle after they quit work.




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The disruptive power of technology

The fund industry may have embraced machines and robots, but managing money still needs the human touch




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It Is Time We Think Of An Efficient Exit Option From The Lock Down To Resume And Revive Economic Activities: Suresh Prabhu

While reopening economic activities, we need to keep in mind that the industry cannot be opened in isolation, the whole ecosystem along with the related supply chains needs to be revived and restarted, said Suresh Prabhu, Hon'ble Member of Parliament. We should follow the Chinese model of revival through specific geographical openings for economic activities in areas which are marked green and keeping the hotspot districts completely locked, till there is full containment in those areas, said Hon'ble Member of Parliament. This is the time India needs to take advantage of the crises and convert it into an opportunity, we set our National goal of getting Foreign Direct Investments to India and each citizen and all arms of the government must work towards this common goal with complete alignment of reforms, said Prabhu. Businesses are the most important part of the economy, as they are significant contributors to economic growth and progress, he said.




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Post-Covid era will see perceptible change in global supply-chains and India should capture significant share in the world trade: Piyush Goyal

Minister of Commerce and Industry & Railways Shri Piyush Goyal held discussions with the Export Promotion Councils(EPCs) of the country. He called upon the Exporters to identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets. Goyal said that in the post-Covid era, there is going to be perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade. He assured them that the Government will be a pro-active supporter and facilitator in their efforts, and the Indian Missions abroad can play an important role in that. The Minister said that Incentives can be given, but they have to be justified, reasonable, and WTO-compliant.




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VST Industries announces resumption of operations

VST Industries said that the company has resumed its manufacturing operations with restricted capacity and manpower considering the permission granted by the State Government of Telangana.




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Serbia protests EU description of Tesla as famous Croat

Serbia has protested to the European Union after one of its publications described inventor and electricity pioneer Nikola Tesla as a Croat. Foreign Minister Ivica Dacic said on Saturday he has sent the protest note to Brussels after the EU's Learning Corner site for children described Tesla as a famous Croatian who was one of the first people to discover X-ray imaging. An ethnic Serb born in 1856 in the Austrian Empire in present-day Croatia, Tesla spent most of his life abroad, working in Budapest and Paris before emigrating to the US in 1884 where he assumed American citizenship. He died in New York in 1943. History books quote him as saying that he was proud of his Serb origin and his Croat homeland. Tesla's ethnicity has long been just one of many disputes and points of contention between neighbouring Balkan rivals Serbia and Croatia, which once were both part of the Yugoslav federation that broke up in a civil war in the 1990s. Croatia is an EU member, while Serbia is seeking ...




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BSP attacks UP govt for exempting industries in state from some labour laws

The Bahujan Samaj Party on Saturday attacked the Uttar Pradesh government for exempting industries in the state from some labour laws, saying it comes at a time when the condition of labourers is the "worst" during coronavirus pandemic. In a series of Hindi tweets, BSP chief Mayawati said, "Due to the outbreak of COVID-19, the condition of labourers is perhaps the worst, and even then a mechanism has been implemented where instead of 8 hours of work, they are made to work for 12 hours. This is very sad and unfortunate. Change in labour laws should be in the interest of the labourers." "Babasaheb BR Ambedkar had brought the concept of overtime, if the labourers had worked for more than 8 hours in a day, when exploitation of labour was at its peak. Is it correct to push the country to that era," she asked in another tweet. The BSP chief also said, "Keeping the current situation prevailing in the country, the labour laws should be changed in a way, so that labourers working in a factory .




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Vadhan's new book deals with corruption, vigilantism, law

In Vadhan's new book, there is an anti-hero who takes law into his hands but the author says this is not meant to glorify vigilantism and the character's only agenda is to enforce law through a fiery and extreme form of justice system and not destabilize anything. The story of "Fear of God" weaves law, corruption, vigilantism and courtroom drama to follow the three central characters who are looking to achieve the same thing but through different means. A parliamentarian is brutally murdered. The vigilante's next target is a war hero and top constitutional lawyer. A top police officer has to race against time to stop the killings. The vigilante is as devious as he is effective in instilling the fear of God into those who think they are above the law. When asked whether the anti-hero taking law into his hands in a way glorifies vigilantism, Vadhan says, "But then, what is the goal of this anti-hero? Is he a voice against law? He only reiterates that one has to obey the law to be ...




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Exemption from labour laws in Guj for new industrial units

The Gujarat government on Saturday announced exemption from certain labour laws for 1,200 days to firms that want to set up new units in the state in order to "boost economic activities" post-lockdown. Earlier, governments of Uttar Pradesh and Madhya Pradesh had offered concessions from labour regulations in their states to attract investment. The government also announced relief amid coronavirus pandemic for industries which use natural gas supplied by Gujarat Gas, a subsidiary of state-owned Gujarat State Petroleum Corporation, by giving more time to pay gas bills. "Companies in Gujarat, India and abroad willing to bring new projects and set up new units in the state will be freed from labour laws for 1,200 days, except those related to the minimum wages and industrial safety," said Ashwani Kumar, secretary to Chief Minister Vijay Rupani. Local MSME owners willing to set up new units will also get this exemption, he said. In a tweet, Chief Minister's Office said that ...




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Despite Gold Selloff, Options Traders Bank on Rebound

So gold notched its biggest one-day drop in 30 years. What’s next? Despite the heavy losses, broken technical levels and waves of margin calls, the options market for the yellow metal is beaming with optimism.




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Adapting to change, and coping


Predictions of dire consequences from climate change are not new. For some communities, however, it is already too late to ward off the changes, and their only hope lies in adapting. Darryl D'Monte reports on a conference at which scientists and NGOs discussed such adaptations.




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Adapting to change, and coping


Predictions of dire consequences from climate change are not new. For some communities, however, it is already too late to ward off the changes, and their only hope lies in adapting. Darryl D'Monte reports on a conference at which scientists and NGOs discussed such adaptations.




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Climate sceptics get it wrong


Notwithstanding the IPCC's error about glacier melting, there is consensus among scientists that the earth is warming. Those who deny it should offer proof, to the same standard that they demand of others, writes Darryl D'Monte.




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Corruption and public services


Third in the series of articles adapted from the book Holding the State to Account by Samuel Paul of the Public Affairs Center, Bangalore, the author looks at the Corruption factor.




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Renault-Nissan-Mitsubishi Merger an Option, Carlos Ghosn Says

Speaking at The Wall Street Journal's D.Live conference in Hong Kong, Renault-Nissan-Mitsubishi Chairman and CEO Carlos Ghosn said a merger within the group is one option to prepare the company for future challenges.




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Corruption: Do we really care?


Did corruption as an issue only create noise, or did it really impact voter choice in the 16th Lok Sabha elections? Prabhu Mallikarjunan finds that the answer may not be very straighforward or simple.




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Why good governance may need more than adoption of villages


A new scheme launched by PM Narendra Modi envisages development through a model in which every MP chooses a village to develop, with people’s participation. Vikas Jha looks at the numbers and realities to explore the real needs of rural development at the panchayat level.




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Reckless borrowing, unholy redemption


With support from the Gujarat legislature, the Sardar Sarovar Narmada Nigam Limited's has moved to redeem its deeply discounted bonds prematurely, despite indictments from the audit watchdog and objections by SEBI. The matter is now at the Supreme Court. Himanshu Upadhyaya has more.




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Have you overstepped the Sustainable Consumption Line?


Humanity has collectively crossed the limits necessary for ecological sustainability. Ashish Kothari argues for a sustainable consumption line that would ensure individuals and communities do not partake of resources in a way that deprives others or endangers the environment further.




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A prescription that suits the doctor!


Does the World Bank advocate development, or is it simply a money-lender pushing its loan packages? For too long, the distinction has been blurred, allowing the Bank to make self-serving recommendations. Sudhirendar Sharma notes the latest instance of this as the Bank pushes into water sector reforms in India.




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An exceptional nation


Can we be a 'rich' people without doing any of the things that 'rich' countries now do, without the foundations on which they built their progress? That's an important question - because if the answer is no, then our current path to prosperity is in vain, and won't forestall another few decades of poverty and all-round deprivation. The India Together editorial.




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Kerala crisis prescription: unconvincing, no rigour


It is nobody’s case that there is no crisis. But when remedies are prescribed, the diagnosis and the investigation have to be beyond dispute. P N Venugopal critiques a report from the Centre for Development Studies, Thiruvananthapuram.




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Inflation: perception and reality


There is an urgent need for reliable and transparent consumer price indices that covers the large majority of Indian families, from the poorest upwards. Kannan Kasturi reports.




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Contemptible, but true


The government proposes to permit truth as a valid defense in contempt-of-court cases, but prefers to leave it to judges to decide when it should be allowed.




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Corruption eats into children's meals in Madhya Pradesh


Despite the tall claims made by the state government and an increase in attendance in the schools, children at many places are simply not getting mid-day meals at all, or are getting it in insufficient quantities. Shuriah Niazi did a reality check.




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Accelerated corruption, a trickle of irrigation


In its eagerness to provide more Central funding for large irrigation projects, the government is overlooking an important fact - that the proposed mechanism for this funding has been severely indicted for corruption by the CAG. Himanshu Upadhyaya offers a few examples.




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NREGA battling cancerous corruption in Orissa


Rs.500 crores of Orissa's funds for rural employment guarantees for 2006-7 appear to have been siphoned off by the state bureaucracy. This money would have brought 10 lakh poorest families two subsistence meals for four-six months, at a time of hunger and starvation deaths. Parshuram Rai has more.




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Setback for optimal river basin planning


Shripad Dharmadhikary explains why setting up a tribunal to resolve the Mahanadi Water Dispute will not help the people or the river.




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What happened to non-nuclear options?


A conference on nuclear disarmament and peace reminds us of the world's forgotten commitment to disarmament. Speakers at the event also debunked a number of claims that governments usually make in support of their militaristic and geo-political objectives. Aparna Pallavi reports.




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Opting out of the chaos


Endless ethnic clashes in the state since the 1990s, coupled with chronic flood and erosion, have triggered large scale migration from Assam to greener pastures outside the state. Ratna Bharali Talukdar reports.




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Adoption tales


Why do so few adoptions take place each year? Recognising some of the barriers to adoption from her own experience, Vinita Bhargava decided to research this question. Swapna Majumdar finds the answers informative and reassuring, and that they bring a complex conversation into much-needed public light.




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Who will lead the anti-corruption agenda in the health sector?


The conduct of election of members to the Medical Council of India in 2013 and its subsequent actions over the past year have underlined the brazen corruption in the regulatory body. Developments in the health ministry raise doubts over whether these issues will be tackled at all.  A round up




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Devastated by floods, but drowned by corruption


North Karnataka's flood victims feel that it was relatively easier to run away from raging waters than dealing now with a corrupt bureaucracy and eking out a livelihood fraught with imponderables. Savita Hiremath investigates.




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Late Rishi Kapoor's daughter Riddhima Kapoor Sahni shares a picture with her mom Neetu Kapoor; captions, "Got your back Ma #yourpillars




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Don't hike fees, give parents more payment options: Maharashtra Education department




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Corruption thrives in secret places




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No option but to end life: Kharra man blamed for Covid spread




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Twitter is Now Giving You the Option to Rethink Your Offensive Tweets Before You Send Them

Twitter has long been under pressure to clean up hateful and abusive content on its platform, which are policed by users flagging rule-breaking tweets and by technology.




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Watch: 'Apocalyptic' Sandstorm in West Africa Paints the Sky Blood Red

The terrifying photos and video clips of the incident are going viral on social media.




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Nifty Falls over 4 Percent; 'Marriage Call' Option Can Cushion Damage

As prices face the 50-day moving average, trading it on the higher side in one move is difficult and some retracement is very likely.




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Relief for Anirban Lahiri, Gets Exemption For Next Season In PGA Tour

PGA Tour decided to ensure status for all players, exempt in 2019-20, to retain their status for 2020-21, too.




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Egyptian Tennis Player Follows Brother in Receiving Life Ban

Egypt's Youssef Hossam received life ban for match-fixing and his brother has got the same two years ago for corruption.




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IOA Seeks Feedback From Athletes, Coaches on Resumption of Training

NSFs and State Olympic Associations have been asked to collect feedback from the stakeholders such as athletes, coaches, support staff, central and state government ministries, match officials and sports administrators




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Here's the Real Story Behind Salman Khan Interrupting Iulia Vantur's Live Video Chat

A video of Salman Khan crashing live video chat of Iulia Vantur had gone viral. Iulia now reveals the real story behind the incident.




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Industry Dialogue: COVID Disruption is Proof That We Need to be Serious About 5G Networks in India

5G will help in easing out on the network congestion thereby improving user experience while streaming videos across platforms. It will also provide a smart data pipe for content; monetize broadcast spectrum and provide live streaming on-the-go sans data caps.




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Covid-19 Effect: HUL Expects Technology Adoption in Offline Business Areas

HUL said that is also planning to serve its customers through any channels, be it format stores, Kirana stores or online.