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Rajasthan’s thrust will be on textile, agriculture and domestic tourism: Sachin Pilot

The real economic activities in Rajasthan are taking place in the rural areas. On April 18, we had 62,000 NREGA (National Rural Employment Guarantee Act) workers; on May 5 the number jumped to 16.5 lakh, said Pilot.




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Setu Samudra and other exercises to repatriate Indians from across the globe: ET Explains

Setu Samudra and other exercises to repatriate Indians from across the globe: ET Explains





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Shah expresses concern over rising coronavirus cases in Central Armed Police Forces

Union Home Minister Amit Shah chaired a meeting of the DGs of all Central Armed Police Forces (CAPFs) where he appreciated the commendable work done by these forces and expressed concern over increasing COVID-19 cases, a home ministry spokesperson said.




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CISF reports 13 fresh COVID-19 cases; max in Delhi metro unit

Among the 48 active cases, maximum 31 are in the unit that guards the Delhi Metro followed by 13 in the Mumbai international airport guarding unit. The maximum rise in cases, at 10, over the last 24 hours has also been reported from the Delhi Metro guarding unit. The force is tasked to guard civil airports (63 at present) in the country and vital infrastructure.




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Expired e-way bills biggest challenge for India Inc

India Inc’s first attempts to move goods across states after the easing of lockdown curbs were hobbled by expired e-way bills which made it near impossible for transporters to cross checkpoints.




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Will expedite scrappage policy, extend compliance timelines for auto companies where possible: Gadkari

“I have been trying for the last two years to pursue the scrappage policy. I have asked the Secretary (ministry of road transport and highways) to expedite the scrappage policy. Because this will help reduce production cost,” Gadkari said in an interaction with SIAM Institute on Thursday.




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20% of auto retailers open shutters on lockdown relaxation; witness muted walkins and enquiries

Maruti Suzuki restarted operations at 680 dealerships till Wednesday, covering almost 35% of the addressable market. The nation’s largest carmaker is seeking permission from local authorities to reopen all but 500 of its remaining over 2,400 outlets. The 500 showrooms are in Covid-19 containment zones.




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Ceat extends warranty on tyres by three months

The decision to extend warranty on tyres has been taken to express solidarity with customers amidst the continued lockdown, Ceat Tyres said in a statement. The extention is valid on tyres whose warranty is due to expire between March 1 and May 31, it added.




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IIT professor develops software to detect COVID-19 within 5 seconds using X-ray scan

Kamal Jain, a professor at the institute's civil engineering department, claims that the software will not only reduce testing costs but will also reduce the risk of exposure to healthcare professionals. ​So far, there is no verification of his claim by a medical institution.




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Cardiac abnormalities in COVID-19 patients treated with hydroxychloroquine: Study

Recent reports have suggested that the combination of the anti-malaria drug hydroxychloroquine, and the antibiotic azithromycin may help patients with COVID-19, said scientists from the New York University School of Medicine in the US.




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How a tiny widget waylaid the world’s biggest science experiment

The tale of ITER’s missing shims shows how even the best-laid contingency plans have had to be rewritten.




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Texas A&M university starts human testing of tuberculosis vaccine to fight COVID-19

Texas A&M is the first US institution in the clinical trial to have federal clearance for testing on humans. Researchers hope to demonstrate that Bacillus Calmette-Guerin or BCG mitigates the effects of the novel coronavirus, allowing fewer people to be hospitalised or to die from COVID-19.




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Request for registering retailers, construction professionals as MSMEs to be examined: Nitin Gadkari

Nitin Gadkari, the minister for MSME and road transport and highways, also called upon the retailers to start exploring option of home delivery.




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Gold bond issue price fixed at Rs 4,590/gm of gold

The issue price for Series I (April 20 to 24, 2020) was Rs 4,639 per gram of gold.




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Manohar may continue as ICC chairman for 2 extra months, Graves favourite to take over

In all likelihood, England and Wales Cricket Board (ECB) chairman Colin Graves will replace the former BCCI president, who, it is learnt, has decided against seeking an extension for a third two-year-term.




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Australian Govt looking at travel exemptions for Indian cricket team's Test tour: Reports

Cricket Australia is under huge financial pressure due to global lockdown and has laid off 80 percent of its staff. India's four-Test tour in December-January could provide a relief to the struggling bldy




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Next year's Olympics will be cancelled if pandemic not over: Games chief

The postponed Tokyo 2020 Olympics will be cancelled if the coronavirus pandemic isn't brought under control by next year, the organising committee's president said in comments published Tuesday.




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India loses hosting rights of 2021 men's world boxing championships

"After New Delhi didn't fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of USD 500," the AIBA said in a statement.




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Crude oil prices rise on Saudi crude price increase, China export bounce

US West Texas Intermediate (WTI) crude rose $1.78, or 7.4 per cent, to $25.77, on track for its highest close since April 6 and up more than 30 per cent this week.




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India sugar exports boosted by strong demand from Indonesia, Iran

Higher exports from India, the world's biggest producer of sugar, could put pressure on global prices and limit shipments from rivals such as Brazil and Thailand.




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Gold bond issue price fixed at Rs 4,590/gm of gold

The issue price for Series I (April 20 to 24, 2020) was Rs 4,639 per gram of gold.




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New York experiences beyond the Big Apple

The iconic Statue of Liberty. Image courtesy - iStock Welcome to the Empire State, otherwise known as New York. The state is home to profound experiences wi...




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This summer, explore the popular Delhi-Agra-Jaipur route with your family

Time to explore the magical golden triangle circuit.




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From blue-green lagoons to lush rainforests, explore top attractions of Fiji

It’s time to say ‘Bula’ as Indian filmmakers make plans for filming in Fiji.




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Tantalising Texas—travel inside a cowboy's dream

Image credit: iStock The vast land of Texas is a paradise for travellers. Known for its cowboy culture, stupendous barbeques, and lovely country songs, this...




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Brains behind idiot box: A quick look at the history of television

The first public demonstration of colour TV broadcast happened this week 90 years ago, setting the foundation for a major change in the way audio-visual media is consumed.




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Not just a film, 'Chhichhore' became a self-realisation exercise for Nitesh Tiwari & his team of writers

The writers of the film realised that academic failures do not mean it's all over.




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There are many people behind the box you received this Diwali. This heartwarming video shows how YOU made the festivities brighter for them.




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No correlation seen between Jio investments and chances of Aramco deal: Axis Securities

‘This deal will probably give Jio access to a lot of enterprise software providers’




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Cadila, Aurobindo & Dr Reddy’s top bets in pharma space: Axis Capital

‘Demand environment, supply opportunity and currencies are the three major drivers for pharma’




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Expect RIL to conduct stake sale of up to 20%: Edelweiss Securities

‘The debt will come down even further if fibre InvIT and Aramco sale happens’




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Forex reserves touch record high at $453 billion

Reserves rose by $2.34 billion during the week under review.




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India allows late foreign-exchange deals to lure trade home

London has overtaken Mumbai to become the top center for trading the rupee




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RBI allows 24x7 forex mkt ops via select banks

select banks in India can offer forex rates to Indian clients beyond the inter-bank market hours




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Forex kitty sees first drop in 6 months to $481.89 billion

The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by $388 million to $428.58 billion.




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Investments in construction projects may drop by 30 pc in FY20 if lockdown extends till June

According to the consulting firm KPMG, in comparison to the economic crisis of 2008, the government now has limited options to undertake corrective interventions owing to the financial stress which was already prevalent in the pre-COVID-19 period.




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Road contractors may get more time for project execution: Ministry

The highway ministry is examining the issue faced by the contractors and could unveil steps for their resolution soon, two senior officials told ET. Toll road operators will also be compensated for loss of business on account of fall in traffic and toll exemption, they said.




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COAI urges DoT to extend timelines for minimum roll-out obligation by 6-9 months

"We request the DoT to kindly consider extending the currently specified timelines for minimum roll-out obligation by a period of at least 6 to 9 months so that relief is afforded to all forthcoming minimum roll-out obligation timelines and not just to those due for testing at this present point in time," COAI said in a recent letter to Department of Telecommunications (DoT).




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No more extension of tariff relief to migrant workers: Telcos

Within a week of the announcement of lockdown from March 25, telcos had extended the prepaid validity of their low-income subscribers till April 17 and further to May 3 on subsequent announcement of lockdown extension. Airtel and Vodafone Idea also credited Rs 10 talk time credit to such users whereas Jio gave 100 minutes of free talk time and 100 text messages to all its users.




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Staff visiting customers to maintain highest level of hygiene, ensure 'contactless' experience: Airtel CEO

Airtel CEO Gopal Vittal, in a note to customers, said that the next phase of the journey has begun as the world slowly starts to open up.




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Domestic steelmakers rely on exports as local demand slumps

The likes of Tata Steel and Jindal Steel & Power are exporting 80-90% of their production, while JSW Steel is looking at shipping out somewhere around 20-30% of its output.




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CIL turns down power producers' request to extend timelines of coal auction for supply contracts

The third auction "is being undertaken by PFCCL (PFC Consulting) as per the IMC (Inter-Ministerial Committee) decision. The CIL's role is limited to making available the source-wise availability of coal which it has already provided to PFCCL. Therefore, other issues need to be taken up with PFCCL, being the agency responsible for conducting the auction," CIL told APP.




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Justice Department Commemorates Sexual Assault Awareness and Prevention Month




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Former Senior Alstom Executive Sentenced to Prison for Role in Money Laundering Scheme to Promote Foreign Bribery

A former senior executive with Alstom S.A. (Alstom), a French power and transportation company, was sentenced in federal court in New Haven, Connecticut, to 15 months in prison today for his role in a multi-year, multimillion-dollar money laundering scheme designed to promote violations of the Foreign Corrupt Practices Act (FCPA).




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Government Official and Contracting Executive Plead Guilty to Bribery Conspiracy

The former Director of Procurement for the Pension Benefit Guaranty Corporation and the president and chief executive officer of a government contracting firm pleaded guilty today to conspiring to bribe a public official.




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Statement from Assistant Attorney General Stephen E. Boyd Expressing Support for Congressional Efforts to Expedite Payment of Public Safety Officer Benefits to First Responders Who Contract COVID-19

Assistant Attorney General Stephen E. Boyd issued the following statement in support of efforts to streamline payments under the Public Safety Officer Benefit Program (PSOB) to public safety officers fatally injured while working during COVID-19:




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Nevada Fraudster Sentenced to More Than Five Years in Prison for Role in Scheme to File False Tax Returns Using Stolen Identities

A Las Vegas resident was sentenced to 65 months in prison today for his role in a stolen identity tax fraud, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Nicholas A. Trutanich for the District of Nevada.




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Founder of Russian Bank Charged with Tax Fraud

The founder of a Russian bank was arrested last week in London in connection with an indictment charging him with filing false tax returns, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division, U.S. Attorney David L. Anderson for the Northern District of California, and Internal Revenue Service (IRS) Criminal Investigation, Special Agent in Charge Kareem Carter.  The Sept. 26, 2019, indictment was unsealed today. 




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Oklahoma Business Owner Indicted for Tax Fraud

A federal grand jury in Tulsa, Oklahoma, returned an indictment Wednesday charging a Bristow, Oklahoma, business owner with filing false tax returns, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney R. Trent Shores for the Northern District of Oklahoma.




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Brooklyn Tax Preparer Sentenced to Prison for Preparing Fraudulent Returns

A Brooklyn, New York, tax return preparer was sentenced to 15 months in prison today for preparing false returns for his clients and himself, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Richard P. Donoghue for the Eastern District of New York.