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Yes Bank results surprise investors, share price soars 20% to hit circuit; check net profit, income

Yes Bank shares jumped 20 per cent to hit upper circuit at Rs 31.60 apiece on BSE in otherwise weak trade on Thursday. Bank reported a net profit of Rs 2,629 crore for the quarter ended on March 31.




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Equity MF inflows hit 4-month low of Rs 6,108 crore in April

Fears of deepening global slowdown due to the COVID-19 outbreak and subsequent lockdowns have spooked the markets globally, including in India.  Almost all the equity-oriented mutual fund categories registered net inflows last month.




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Gas Utilities – Industrial PNG, CNG volumes likely to be hit

FY21/22e EPS lowered by 22-33/9-13%; softer LNG prices a positive; GUJGA and MGL are to be preferred.




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New kids on the block: These mobiles will hit the stores soon

The lockdown has stalled the rollout of the latest handsets. On the brighter side, popular brands will witness pent-up demand once the lockdown is lifted. Here are some of the smartphones slated to hit the market soon.




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Cash market volumes hit a high as intra-day trades surge

The surge came at a time when the Nifty and Sensex gained 14.4% and 14.6%, respectively. Market experts say this could have been driven by intra-day trading.




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COVID-19 lockdown: How national highways construction will take a hit

After a fiscal that saw the pace of work slowing down, a first for the NDA govt, FY21 is likely to be impacted by Covid-19 and its aftermath.




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Revenue, profitability of private hospitals to be hit in short-term: Icra

The ratings agency explained that private sector is dominated by small doctor-run facilities in terms of number of facilities and number of beds.




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New kids on the block: These mobiles will hit the stores soon

The Nokia 5310 remixes classic design with a slick new feel and battery that’s built to last, keeping you connected day after day.




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How farm loan waivers can hit corporate borrowing, RBI explains the math

Farm loan waivers by state governments have potential to crowd out corporate borrowing if financed through state debt issuance, the Reserve Bank of India (RBI) said in its annual report.




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Oil imports: Opportunity for India as sanctions-hit Venezuela seeks to double exports

Caracas, which buys medicines and other products from India, is looking for alternative payment methods after the United States imposed stringent sanctions on Venezuela’s state oil firm PDVSA in a bid to push out President Nicolas Maduro.




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Lower output, price rise to hit cotton yarn margins

India’s cotton production is expected drop by over 5% in cotton season 2019 (the CS is usually from October 1, 2018, to September 30, 2019) due to low water availability and inadequate south-west monsoon in key cotton producing states and higher incidences of pest attacks.




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Weak exports, uncompetitive prices to hit cotton spinners, says report

With India exporting roughly one-third of its cotton yarn production every year, trends in export demand play a crucial role in determining the overall performance of the domestic spinning sector. 




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Covid-19 pandemic: 800 million households dependent on remittances to be hit

Global and multilateral institutions and national governments need to come together to make sure that the loss of income is offset through cash-and-kind support.




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A new White Revolution: How COVID-19 could benefit the dairy industry

Covid-19 could benefit the dairy industry as consumers could shift from meat-based to dairy-based protein. The govt may consider reducing GST on ghee and milk fat from 12% to 5% .




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'We love it': President Donald Trump sends video message congratulating Dana White and UFC for holding UFC 249 event (VIDEO)

United States President Donald Trump sent a message of congratulations to Dana White and the UFC for being the first major sports league to return to action following the Covid-19 shutdown.
Read Full Article at RT.com




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BHEL invites coronavirus-hit global firms to make in India; says, don’t make everything at one place

BHEL has released an Expression of Interest (EOI) inviting global companies to leverage its facilities and capabilities for setting up a manufacturing base in the country.




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Service activities shrink to all-time low; PMI hits near zero

India's service sector recorded largest contraction in business activity and new orders in April.




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Happy Mother’s Day 2020: Mothers are precious and need to be cherished for ‘Supohit Bharat’

Mothers play a critical role in ensuring the health, nutrition, and overall well being of the entire family.




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Massive dust storm hits Delhi, visibility dips; Hail storms not good sign for farmers

Delhi recorded the maximum temperature of 40.9 degrees centigrade on Saturday, the IMD said. Due to the Western Disturbance, the IMD in its weather summary and forecast bulletin predicted isolated to scattered rain over the Western Himalayan region and plains of Northwest India, with peak activity on May 10, 2020.




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Retailers, architects, town planners, likely to be registered as MSMEs; govt to ‘examine’ request

Ease of Doing Business for MSMEs: Retailers, architects, town planners have suggested Nitin Gadkari to allow malls resume operations, e-commerce operations for non-essential items, relief in rentals for retailers, extend moratorium period to nine months and more.









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Surveillance Footage And Code Clues Indicate Stuxnet Hit Iran













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COVID-19: Lagos Govt confirms 176 new cases as toll hits 1683

176 cases of COVID-19 have been confirmed in Lagos State. The State Ministry of Health made the confirmation in a tweet on Saturday. It said the development brings the total number of confirmed cases in the state to 1683 The ministry tweeted, “176 new cases of #COVID19 Infection confirmed “Total confirmed cases in Lagos now […]

COVID-19: Lagos Govt confirms 176 new cases as toll hits 1683




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COVID-19: ‘I’m not architect of your problems, stop vilifying me’ – Gov. Ortom warns Benue index case, Susan Okpe

Governor Samuel Ortom of Benue State, on Saturday, absolved himself of stigmatizing the state’s COVID-19 index case, Mrs. Susan Okpe (Nee Lawani). Ortom, who called on Mrs. Okpe to stop vilifying him, said he’s not the architect of her problem. The governor was responding to several videos by Mrs. Okpe wherein she accused him of […]

COVID-19: ‘I’m not architect of your problems, stop vilifying me’ – Gov. Ortom warns Benue index case, Susan Okpe




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Coronavirus: Ghana overtakes Nigeria as death toll hits 2,223 in Africa

The Africa Centre for Disease Control and Prevention (Africa CDC) has said that there are now 60,657 confirmed cases of coronavirus (COVID-19) in 53 countries across Africa. The health agency stated this in a tweet on its official Twitter handle on Sunday morning. According to the tweet, COVID-19 has killed 2,223 people in Africa, while […]

Coronavirus: Ghana overtakes Nigeria as death toll hits 2,223 in Africa




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Crushing It: Wix Just Hit An All-Time High




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FG hits hard on illegal gold mining

In it’s effort to curb the activities of illegal mining especially on the gold which has become an essential money making commodity that is wide spread across communities in the country the minister of Mines and Steel Development, MMSD, Arc Olamilekan Adegbite, has promised to liase with other government ministries, official security and border control […]

The post FG hits hard on illegal gold mining appeared first on Nigerian Pilot News.




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White House Virus Task Force members face quarantine

Three members of the White House coronavirus task force, including Dr. Anthony Fauci, placed themselves in quarantine after contact with someone who tested positive for COVID-19, another stark reminder that not even one of the nation's most secure buildings is immune from the virus.




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Crushing It: Wix Just Hit An All-Time High




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Cushman & Wakefield plc (CWK) CEO Brett White on Q1 2020 Results - Earnings Call Transcript




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South Africa: Death Toll Rises to 186 as Cases Hit 9 420

[SAFA] This as the country records a total of 9 420 cases, with eight more deaths, bringing the death toll to 186 as of Saturday, 9 May.




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COVID-19 pandemic: Documents show top White House officials buried CDC report

GAINESVILLE, Florida: The decision to shelve detailed advice from the nation’s top disease control experts for reopening communities during the coronavirus pandemic came from the highest levels of the White House, according to internal government emails obtained, reported international...




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Covid-19 Pandemic: Documents show top White House officials buried CDC reopening guidelines

GAINESVILLE, Florida: The decision to shelve detailed advice from the nation's top disease control experts for reopening communities during the coronavirus pandemic came from the highest levels of the White House, according to internal government emails obtained, reported international media.The...




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Covid-19 pandemic: Documents show top White House officials buried CDC report

GAINESVILLE, Florida: The decision to shelve detailed advice from the nation's top disease control experts for reopening communities during the coronavirus pandemic came from the highest levels of the White House, according to internal government emails obtained, reported international media. The...




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Hong Kong swelters on Mother’s Day as temperature hits half-century high

Hong Kong is sweltering on its hottest Mother’s Day in more than half a century, with the mercury hitting 36 degrees Celsius in some areas and triggering this year’s first “very hot weather warning”.The Observatory in Tsim Sha Tsui issued the warning at 1.15pm on Sunday after the temperature there hit 32.2 degrees.At Tai Mei Tuk in Tai Po, the temperature hit 36.1 degrees. Yuen Long Park in Yuen Long also recorded 35.1 degrees, and Sheung Shui 35 degrees.It is the hottest Mother’s Day since…




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Coronavirus: Dr Anthony Fauci self-quarantining along with two other White House task force members

Three members of the White House coronavirus task force, including Dr Anthony Fauci, placed themselves in quarantine after contact with someone who tested positive for Covid-19, another stark reminder that not even one of the nation’s most secure buildings is immune from the virus.Fauci, the director of the National Institute of Allergy and Infectious Diseases and a leading member of the task force, has become nationally known for his simple and direct explanations to the public about the…




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Chohan announces relief package for media workers hit by corona

RAWALPINDI: Punjab Information Minister Fayyaz-ul-Hassan Chohan Saturday said that Information Department would give Rs100,000 to media worker affected by COVID-19 while in case of an unfortunate...

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