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Venture Highway raises $78 mn to fund early-stage tech companies in India

With portfolio companies such as Meesho, Sharechat, Moglix, and Cars24, the early-stage investment firm has so far invested in 20 start-ups




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Indian start-up's remote technology helps Wuhan hospitals fight Coronavirus

BlinkIN, a Bengaluru-based intelligent visual-assistance firm helped service engineers from Germany remotely install air ventilation systems in two hospitals in Wuhan




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Pakistan's JIT at Pathankot - Indian naivete or far-sightedness?

Regularising such base visits, would add concrete proof to the position that Pakistan has no legitimate security threat from India




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Mullah Mansour's killing: What does it mean for Afghanistan, Taliban and Pakistan

Change in Taliban leadership may not alter its philosophy as it is decided by a 'Shura' rather than the leader alone




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How to achieve the highest & safest returns for the longest time

The most important thing about personal finance is sticking to the basics




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Are fears of Raghuram Rajan's exit overdone?

Rajan's exit will be a temporary blow, not a permanent one




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What Raghuram Rajan's successor needs to do

The next RBI Governor's job will be larger and far beyond mere management of targets




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Did Prashant Kishor take a flight during lockdown? Centre asks airlines

On Thursday, Ministry of Home Affairs asked Ministry of Civil Aviation to find out




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Ex-PM Manmohan Singh slams govt, says not necessary to freeze DA, DR hike

Former Congress chief Rahul Gandhi also slammed the government over the issue




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Focus on correct information, right treatment to stop Covid-19: Priyanka

The death toll due to Covid-19 in Uttar Pradesh rose to 27 with two more fatalities, while 177 fresh cases were reported on Saturday




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Amid Delhi election result, silent protest continues at Shaheen Bagh

The women protesters have been staging silent protest since the morning, and no person was seen delivering any speech during the demonstration




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Shaheen Bagh, Jamia erupt in joy; AAP's Amanatullah Khan wins Okhla seat

After the first few rounds of counting, Singh was leading by 194 votes, but subsequently, Khan took the pole position




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Delhi election 2020: 5 seats where AAP, BJP gave each other tough fight

From Bijwasan to Patparganj, these constituencies saw the smallest gaps between the vote shares of the winner and the runner-up




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NPA norms may be tougher than Basel's: RBI deputy governor N S Vishwanathan

RBI working on corporate governance rules in line with global standards, says Vishwanathan




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Railways to launch new projects worth Rs 10K cr during fortnight programme

New projects worth over Rs 10,000 cr will be launched and several old projects will be completed by Railways during its ongoing fortnight programme, Union minister Suresh Prabhu today said. The minister was speaking at the New Delhi Railway Station ...




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Slow- vs. Fast-Growth Chickens — Weighing the Difference

Companies like Whole Foods are betting customers will pay more for chickens that are grown at a more leisurely pace — one that's considered more humane. Here's a look at fast- vs. slow-growth birds.




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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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Knight Line (Monday Crossword, May 4)

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As They Sigh In the Outback (Saturday Crossword, May 9)

Download PDF 




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Apple stock nears record high

Apple stock is less than $1 away from its all-time high amid renewed optimism for the iPhone.




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New York City Schedules Nightly Subway System Shutdown to Combat Virus

In an effort to halt the spread of the coronavirus, New York City has begun suspending service to its entire subway system nightly between 1 a.m. and 5 a.m. so cleaning crews can disinfect its thousands of trains. Photo: Spencer Platt/Getty Images




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Puducherry assembly polls: DMK MLA Nazeem faces tough battle as he aims for sixth consecutive term

Nazeem, first elected to the assembly from Karaikal as a 29-year old DMK worker in 1991, retained the seat in all subsequent elections




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Covid-19 cases in Afghanistan surge to 714, IMF gives debt relief

The Afghan Health Ministry said that 49 new COVID-19 cases have been registered in the country in the past 24 hours, which led the total cases surge to 714 on Tuesday.Kabul registered 18 new cases, maximum highest in the country, leaving behind Kandahar with 15 cases, Balkh 6 cases, Herat and Ghazni 4 new cases each, and Nangarhar 2 cases, according to the health ministry's data cited by Tolo News.At least 40 people have recovered from the virus in the country while 23 have succumbed to the highly contagious infection, the Health Ministry spokesman said.In the meantime, the International Monetary Fund (IMF) executive board approved immediate debt relief for 25 countries--including Afghanistan--in order to help these countries focus on COVID-19 response."Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to ..




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China limiting Mekong river's flow triggered drought in region, says US-based research

A US-based research company has found that China limited the flow of the Mekong River following the construction of a number of its sprawling dams in its territory in the backdrop of a severe drought in the region last year.The report comes at a time when the entire world is grappling with the coronavirus pandemic since late last year, when the virus first made its appearance in Wuhan, the capital of central China's Hubei province."The satellite data does not lie and there was plenty of water in the Tibetan Plateau, even as countries like Cambodia and Thailand were under extreme duress," said Alan Basist, who co-wrote the report, which was released on Monday, for Eyes on Earth, a water resources monitor."There was just a huge volume of water that was being held back in China," Basist was quoted by New York Times as saying.Farmers and fishermen across the Mekong region were devastated as the water level in portions of the river dwindled due to dams commissioned by China which has been .




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Global financial conditions tightened abruptly due to COVID-19: IMF

The International Monetary Fund (IMF) in its Global Financial Stability Overview released on Tuesday has noted that early in 2020, global financial markets remained afloat as there was a sense of optimism on the back of supportive monetary policy, reduced trade tension and tentative signs of stabilisation in the global economy. However, the spread of COVID-19 has posed a risk that has seen the prices of risk assets and commodities fall at unprecedented speed.The document released by the IMF says that the equity markets experienced the fastest drop in history with the S and P 500 falling 20 per cent from its peak in just 16 trading sessions.The asset price declines reached about half the magnitude seen in 2008-09 at the worst point of the sell-off, and implied volatility spiked across asset classes, in some cases to levels last seen during the global financial crisis.Financial Counsellor and Director of the Monetary and Capital Markets Department, IMF, Tobias Adrian while releasing the




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China Stocks end higher

The top body of China's parliament kicked off its four-day bi-monthly meeting in the capital city of Beijing on Sunday. The Standing Committee of the National People's Congress is expected to decide on the date of the key annual meeting of parliament this year on Wednesday.




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Australia Market ends higher in vlatile trade

Local shares fell in early trade on reigniting tensions between the world's top two economies after U.S. officials tried to pin blame for the coronavirus pandemic on China.




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US Stocks end higher

Markets drew some comfort from the latest round of economic results out of China. Data on Thursday showed an unexpected surge in export activity in the world's second-largest economy in April, growing 3.5% from the previous year




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How Math Helps Fight Epidemics Like Zika

When an epidemic such as Zika threatens to sweep across the country, public-health workers and policy makers need some basic information in order to plan a strategic response to make the best use of limited resources to protect the public from the spread of the disease. Enter the mathematicians and statisticians.




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Single-table system to clear investment proposals faster: Shivraj Singh Chouhan

Interview with Chief Minister, Madhya Pradesh




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Govt sees 67% increase in disbursal through textile fund in 6 years

Eyes disbursal of Rs 30,000 crore under the Amended Technology Funds Scheme




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Rupee closes higher

At 76.3875/76.3900 per dollar




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Eight core infrastructure sector output dips 6.5% in March 2020

Eight core infrastructure sector output rises marginally by 0.6% in FY2020




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Heirs Fight Over An Inheritance, Advisers Referee

Inheritance battles can bring out the worst in heirs and advisers can help smooth the waters. Dow Jones' Arden Dale explains.




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Who got Assembly elections exit polls right this time?

Results' trends suggest that the pollsters have again failed to predict the outcome of Assembly polls in Tamil Nadu, West Bengal, Kerala, and Assam




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Railways might miss capex target by over 20%

But rail officials expect to achieve at least last year's actual, which is close to Rs 1 lakh crore




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Govt weighs fiscal stimulus in upcoming Budget to boost demand

Real annual GDP accelerated in Jul-Sept to 7.4% from 7%. But, growth of nominal GDP slowed sharply to 6%




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Dr Reddy's Labs hits 52-week high after Srikakulam facility gets EIR from USFDA

Dr. Reddy's Laboratories jumped 4.84% to Rs 4020 after the company said its manufacturing plant at Srikakulam in Andhra Pradesh received the Establishment Inspection Report (EIR) from US drug regulator.




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Benchmarks near day's high; RIL in demand

The domestic equity barometers traded near the day's high in morning trade. The Nifty was trading above the 9300 mark. Buying in index major Reliance Industries (RIL) pushed the benchmarks higher. At 10:29 IST, the barometer index, the S&P BSE Sensex, was up 441.29 points or 1.40% at 31,884.67. The Nifty 50 index rose 122.10 points or 1.33% at 9,321.15.




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IndusInd Bank Ltd gains for third straight session

IndusInd Bank Ltd is quoting at Rs 461.45, up 1.56% on the day as on 12:54 IST on the NSE. The stock is down 68.75% in last one year as compared to a 17.57% slide in NIFTY and a 31.78% slide in the Nifty Bank index.




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HDFC Life Insurance Company Ltd rises for third straight session

HDFC Life Insurance Company Ltd is quoting at Rs 519.65, up 5.08% on the day as on 12:54 IST on the NSE. The stock is up 26.88% in last one year as compared to a 17.57% slide in NIFTY and a 20.42% slide in the Nifty Financial Services index.




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Procter & Gamble Hygiene inches higher after muted Q3 performance

Procter & Gamble Hygiene & Health Care rose 0.27% to Rs 10190.15 after net profit rose 1.1% to Rs 91.10 crore on 6.2% decline in net sales to Rs 656.05 crore in Q3 March 2020 over Q3 March 2019.




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Eliza Scanlen, Thomasin McKenzie in talks for M Night Shyamalan's next

"Little Women" star Eliza Scanlen and "Jojo Rabbit" breakout Thomasin McKenzie are among the actors in negotiations for M Night Shyamalan's next directorial feature. According to Variety, Aaron Pierre, Alex Wolff and Vicky Krieps are also in discussions for the filmmaker's top-secret project, which he will write, direct and produce. Though the details of the plot have been kept under wraps, it is rumoured that the movie might be connected with some of the other films by the director. The yet-to-be-titled feature will be released by Universal Picture. Scanlen, 21, is best known for starring in TV series "Sharp Objects" and Greta Gerwig's "Little Women" adaptation, while 19-year-old McKenzie broke out with Taika Waititi's Oscar-winning satirical feature "Jojo Rabbit". Krieps, 36, became popular after she starred in Paul Thomas Anderson's romance drama "Phantom Thread", opposite Daniel Day Lewis. Wolff, 22, is best-known for starring in movies such as Ari Aster's "Hereditary" and the two




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Bilateral ties poised for even bigger take-off: Ruchi Ghanashyam

Ruchi Ghanashyam retired as the Indian High Commissioner to the UK early this month in an unusually discreet way given the constraints related to the coronavirus lockdown, bidding farewell to her team at the India House in London virtually over a conference call. However, there has been little impact on her workload as she continues to be flooded with queries and requests as the first repatriation flight for Indian nationals takes off from London for Mumbai on Saturday. The 60-year-old former diplomat, who is yet to fully pack her bags or say all her goodbyes, is confident that her tenure comes to a close at a time when India-UK relations are poised for real take-off. "India and the UK have strategic ties and a deep relationship which spans almost every area we can think of," said Ghanashyam in a farewell interview. "This depth was even more visible during this time of crisis, when we worked closely together to assist with the repatriation of each other's nationals, facilitated the ...




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Seoul shuts down nightclubs after virus spread

Seoul has shut down more than 2,100 nightclubs, hostess bars, and discos after dozens of infections were linked to clubgoers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed by Mayor Park Won-soon on Saturday came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said that the entry bans on the facilities will be maintained until the city concludes the infections risks as meaningfully lowered. South Korea's Centers for Disease Control and Prevention earlier said 18 fresh cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive on Tuesday. But Park said 16 more cases were confirmed in Seoul alone in the following hours .




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I've lightened up: Jake Gyllenhaal on personal life and baby plans

Hollywood star Jake Gyllenhaal says he is ready to focus on his personal life and that includes having kids some day. The 39-year-old actor said he has neglected his family a lot due to his commitment to his work but now he has "lightened up". "I'm interested in my life, even more so than my work. I've reached a point in my career where I feel hungry in a different way. I've seen how much of my life I've neglected as a result of being committed to that work and that idea," Gyllenhaal told British Vogue in an interview. "(I've) lightened up. Seeing life as something that is, you know, fleeting, and the world being as it is now. I've turned to my family, I've turned to my friends and I've turned to love. I'm a little less interested in the work, I would say, and more interested in that," he added. Gyllenhaal, who is rumoured to be dating French model Jeanne Cadieu for the past two years,said that he "definitely" plans to have kids in future. "Yes, of course I do. I definitely do. The ...




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First repatriation flight from London takes off for Mumbai

The first Air India flight from the UK, scheduled as part of the Vande Bharat Mission to repatriate Indians stranded overseas due to the coronavirus lockdown, took off from London's Heathrow Airport on Saturday and will land in Mumbai in the early hours of Sunday. Around 250 Indian students and tourists were seen queuing with their luggage at the airport from early on Saturday as they prepared for the journey home. Each one of them underwent temperature tests before boarding and could face 14 days of quarantine at a hotel or other location designated by the Maharashtra government on landing, with those details to be made available on arrival in Mumbai. "Finally going back to India! Although it was at the last moment but I was lucky enough to get the ticket of the first flight to India under Vande Bharat Mission," said a relieved Indian student, who was part of a group of seafarers who came to the UK for an examination. "We got continuous updates from NISAU (National Indian Students ...




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Gunfire kills 6 at Afghan protest calling for economic aid

A shootout erupted on Saturday at a protest in western Afghanistan by residents demanding economic assistance, leading to the deaths of at least six people, including a local reporter and two police officers, officials said. Interior Ministry spokesman Tareq Arian said the protesters had gathered outside the governor's office in Feroz Koh, the capital of the western Ghor province. They were demanding relief after weeks of restrictions aimed at containing the coronavirus pandemic. He said some people at the protest opened fire at police, igniting a gun battle that killed the six people and wounded another 19, including nine police. The ministry has launched an investigation and plans to send a delegation to the province. Afghanistan was already mired in poverty before the onset of the pandemic, which has infected nearly 3,800 people in the country and killed at least 109. Many Afghans rely on day labour, which has dried up because of the closure of nonessential businesses.




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Nepal raises objection over India inaugurating crucial link road passing through Lipulekh Pass

Nepal on Saturday raised objection over India inaugurating a strategically crucial link road connecting the Lipulekh pass at a height of 17,000 feet along the border with China in Uttarakhand with Dharchula, saying this "unilateral act" runs against the understanding reached between the two countries on resolving the border issues. Nepal's Foreign Affairs Ministry in a statement said the government "has learnt with regret" about the inauguration of the link road connecting to Lipulekh pass, which Nepal claims to be part of its territory. The 80-Km new road inaugurated by Defence Minister Rajnath Singh on Friday is expected to help pilgrims visiting Kailash-Mansarovar in Tibet in China as it is around 90 kms from the Lipulekh pass. After inaugurating the road through video-conferencing, Singh said pilgrims going to Kailash-Mansarovar will now be able to complete their journey in one week instead of up to three weeks. The road originates at Ghatiabagarh and ends at Lipulekh pass, the ...




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Seoul shuts down more than 2,100 nightclubs

South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines. The measures imposed Saturday by Seoul Mayor Park Won-soon came after the national government urged entertainment venues around the nation to close or otherwise enforce anti-virus measures, including distancing, temperature checks, keeping customer lists and requiring employees to wear masks. Park said the entry bans on the facilities will be maintained until the city concludes that risks of infection have been meaningfully lowered. South Korea's Centers for Disease Control and Prevention, or KCDC, said earlier in the day that 18 new cases were reported in the 24 hours to midnight Friday, all but one of them linked to a 29-year-old man who visited three clubs in Seoul's Itaewon district last Saturday before testing positive days later. But Park said 16 more