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China could use medical data to blackmail Americans, report says

The two sides have been struggling with more than 100 issues raised by the United States in a lengthy statement given to Chinese officials in May




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Libra Horoscope for May 9, 2020

Overeating and high calorie diet needs to be avoided. If you are a student and want to study abroad, then financial crisis at home can upset you today. Festive atmosphere at home would ease your tension. Make sure you also participate in this and not remain like a silent spectator. Your beloved today would like to say his/her mind rather than listening to you. This can make you upset. The day is good. Hence, along with others, you will be able to make some quality time for yourself. You may take your partner for granted in certain case, which will lead to a fight. Avoid stepping out of your boundaries while joking with friends, as it can ruin your friendship.




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Banks may stay with AAA paper to invest TLTRO money

RBI clarified that any amount that is not used within the given time frame would attract a penal interest – the prevailing policy repo rate plus 200 basis points for the number of days the money remained unused.




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Lockdown impact: 42% Indians have increased use of digital payments, says report

The National Payments Corporation of India (NPCI) has been urging Indians to use more digital payment methods, so that people do not step out even to go to the ATM, reduce social contact and curb the spread of Covid-19.




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Despite zero MDR, RuPay transactions start slipping

According to the Pradhan Mantri Jan Dhan Yojana (PMJDY) website, the total number of RuPay cards issued so far stands at over 290 million.




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Moratorium: 10 per cent provisioning may shave Rs 35,000 crore off bank profits

The new provisioning requirement has to be made for the March and June 2020 quarters and this will impact their profitability in 2019-20 and 2020-21.




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Kotak Mahindra Bank may raise Rs 8,000 crore via equity dilution

Market is viewing the fund-raising announcement in a positive light as the lender’s move to build up capital reserves is being seen as a sensible move at a time of uncertainty.




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Loan moratorium may haunt banks even after getting lifted; Moody’s explains post moratorium credit landscape

The loan moratorium, as suggested by the Reserve Bank of India (RBI) last month and subsequently implemented by various lenders across the country, might be able to provide some temporary relief for now but could also play a hand in changing the credit landscape of the banking sector.




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COVID-19 effect: Most applied for moratorium out of caution, not stress, says HDFC Bank

The percentage of applicants is in low single digit as a share of the loan book, the bank said, but this could go up as it has not put a deadline or a cut-off for people to apply.




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SBI Cards & Payment Services reports outstanding borrowing at Rs 17,363 cr at FY20-end

The credit card company, promoted by the country's largest lender SBI, said the borrowings at the end of the previous fiscal were provisional and subject to audit.




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Risk-averse banks stay shy of TLTRO 2.0

NBFCs have been asking for a bail-out in the form of a government credit guarantee or a TARP –like structure.




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Covid-19 impact: Asset quality could come under stress, says IndusInd Bank CEO

The lender’s gross NPAs stood at 2.45% of gross advances as on March 31, 2020, up from 2.18% on December 31, 2019, while the net NPA ratio stood at 0.91% of net advances as on March 31, 2020, down from 1.05% on December 31, 2019.




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Over Rs 68,600 cr loans of wilful defaulters, including Mehul Choksi, Vijay Mallya firms, written off: RBI in RTI reply

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.




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RBI Governor Shaktikanta Das to hold meeting with bank chiefs on Saturday

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures to support the industry.




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China’s Bitcoin-like cryptocurrency enters race days after Facebook’s Libra fails to fly

China’s central bank has started testing its official Bitcoin-like digital currency DCEP, and the bank is now planning to roll out the virtual money payment system soon.




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RBI cancels CKP Co-operative Bank’s licence; ‘depositors entitled to repayment of 5 lakh only’

The RBI, in a press release, said 'financial position of the bank is highly adverse and unsustainable'.




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Over 99% depositors of CKP Bank will get full payment: RBI

As per the bank's website, it had deposits of Rs 485.56 crore, loans of Rs 161.17 crore and a negative networth of Rs 239.18 crore.




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Moratorium: Banks may give NBFCs a break

Banks could review extending the moratorium to non-banking financial companies (NBFCs) after a meeting with the Reserve Bank of India (RBI) on Saturday.




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Lockdown effect: Micro ATM transactions double to 1.13 crore per day

The development also shows the government's push for digital technology has enabled people to access banking services even when the pandemic spread its tentacles.




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PSB NPAs likely to rise 2-4 per cent points; may push govt to recapitalise via RBI reserves, bonds: Report

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.




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State-owned bank NPAs may rise in FY21, govt’s fiscal deficit to widen: Bank of America

The government can issue recapitalisation bonds, or the Reserve Bank of India's (RBI) huge reserves of over USD 127 can also be dipped into to help the state-run banks' recapitalisation needs, it said.




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SBI offers 3-month repayment holiday for NBFCs

State Bank of India (SBI) has decided to give select Non-Banking Financial Companies (NBFC) a three-month repayment holiday, persons familiar with the development said.




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Kotak Mahindra Bank cuts pay by 10% for staff earning over Rs 25 Lakh

The communication further stated that Covid-19 is wreaking havoc on the economy which, in turn, will impact a financial services firm like KMB.




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Stressed assets: Lenders may create bad bank, says SBI chief

In an interview with CNBC TV18, Kumar said the time is right to set up a structure, along the lines of a bad bank, given there are adequate provisions for existing non-performing assets (NPAs).




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Indian Holidays Pvt. Ltd. Announces 5% Discounts for Select Deccan Odyssey Journeys

Indian Holidays Pvt. Ltd., one of the premier luxury tour operators has announced a minimum 5% discount on select departures for IRCTC and Maharashtra Tourism’s flagship luxury train, the Deccan Odyssey. The journey tariffs had recently been lowered in a bid to make the Deccan Odyssey...



  • Fri
  • 12 Oct 2012 00:00:00

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Chandrayaan-3 to be launched in first half of 2021: Govt

The Indian Space Research Organisation had then resolved to launch the project again. It had said the project is likely to be launched by the end of the year.




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ISRO’s Chandrayaan-3 launch schedule revealed, Gaganyaan mission on track

The Union Minister also said that the upgraded configuration in Chandrayaan-3 will make the spacecraft more robust in terms of design and it will also have an enhanced spacecraft capacity without compromising with the heritage of Chandrayaan-2.




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Amazon rainforest may collapse within decades if critical point is reached: Study

The scientists noted that the loss of such key stone species may lead to a rapid and dramatic change in the landscape within our lifetime.




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Elon Musk’s SpaceX to send first manned flight to space! To dock at ISS in May

The tech entrepreneur's company will launch a Falcon 9 rocket to transport NASA astronauts Bob Behnken and Doug Hurley in a first for the space agency as it looks to cut costs.




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World Water Day 2020: India shifts focus to providing piped water to every home at household level by 2024

The report on World Water Day 2020 explains that in order to tackle climate change, a lot of marginalised communities need clean water and decent toilets as a front line defense.




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Ozone layer is healing! Amidst Coronavirus gloom, Ozone cover above Antarctica records substantial recovery

Efforts of all the countries to stop the damage to the Ozone layer seem to be paying off as the damage to the Ozone layer above Antarctica has recovered.




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Coronavirus: China lockdown may have blocked 700,000 virus cases, say researchers

The Wuhan shutdown delayed the arrival of the virus in other cities, their model showed, giving them time to prepare by banning public gatherings and closing entertainment venues, among other measures.




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Air quality improves in India amid coronavirus lockdown, says Central Pollution Control Board

The nationwide 'Janta Curfew' on March 22 and the 21-day lockdown imposed since March 24 to combat the coronavirus outbreak have resulted in a significant improvement in air quality.




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COVID-19 lockdowns didn’t make Earth shake less, but improved quake detection, scientists say

Seismic noise is a relatively persistent vibration of the ground that is usually an unwanted component of signals recorded by seismometers, according to the scientists.




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Pink Super Moon: 7 things you need to know before witnessing it today

Witness the Pink Super Moon from your balconies today! One of the celestial events, which is an occurrence of a Super Moon, is set to take place today and can be witnessed by many from their balconies only.




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Supermoon 2020: After a beautiful ‘Pink Moon’ on Tuesday night, viewers share pics on Twitter

Explaining the difference between a normal Full Moon and a Supermoon, Brown told The Guardian that the Supermoon is just closer to the Earth than the usual Full Moon.




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Experts say coronavirus lockdown may reduce greenhouse gas emissions, but it’s only temporary

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.




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Blue skies, reduced emissions only temporary, won’t benefit environment in long run, say experts

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.




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Presence of ‘bat coronavirus’ found in Kerala, Tamil Nadu, says ICMR study

According to the study published in the Indian Journal of Medical Research, there is no evidence or research to claim that these bat coronaviruses can cause disease in humans.




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International Space Station crew lands in Kazakhstan after more than 200 days

A US-Russian space crew landed safely Friday in the steppes of Kazakhstan, greeted with extra precautions amid the coronavirus pandemic.




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PM Modi’s inspiring message on Earth Day: A shout out to all working at forefront to defeat COVID-19

PM Modi also said let us pledge to work towards a cleaner, healthier and a more prosperous planet.




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Coronavirus impact: As people stay home, Earth turns wilder and cleaner

Nitrogen dioxide pollution in the northeastern United States is down 30 per cent. Rome air pollution levels from




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Elon Musk says SpaceX fixing brightness of Starlink project; here’s how satellites can ’emit bright light’

As part of its large-scale broadband internet connectivity project Starlink, the company has positioned many large satellites in the lower orbits of the Earth.




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Huge asteroid 1998 OR2 will fly past Earth on Wednesday, no chances of danger to earth; details

According to NASA, they have identified and tracked over 90 percent of the asteroids near the Earth (NEAs) with a minimum width of 1 km, which is big enough to be a threat to the humans if they line up with the Earth.




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NASA astronaut Sunita Williams to Indian students stuck in US: Stay home, reflect and be part of something bigger

During a virtual interaction, she compared the Indian students' experience to her being in space in a spacecraft “where you don't get to go, see your family and friends and give them a real hug.”




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China launches its most powerful rocker carrier; 10 years of hard work pays off for Dragon

CALT head Wang Xiaojun said the new rocket, a version of China's largest carrier rocket, the Long March-5, would further expand China's aerospace activities. The Long March-5B is about 53.7 meters long, with a core stage 5 meters in diameter and four boosters 3.35 meters in diameter.




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Mother's day -- best wishes

Sunday 10 th May -- 2020 -- Mother's Day -- Best Wishes to All -- " There is no influence So Powerful , as that of the Mother " -- Sara Joseph Hale.




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Jammu and Kashmir: Government should hold polls at the earliest, says US

This is a clear evolution of the US administration’s position, especially weeks before the Prime Minister is scheduled to travel to the US for the United Nations General Assembly in New York.




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Proximity to Pakistan may affect goodwill, BJP team tells China

The 11-member high-level BJP delegation led by general secretary Arun Singh also urged China to take measures to increase imports from India so that the $57.86 billion trade deficit could be brought down.




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In ‘All Day and a Night,’ a circular crime drama

The director, who co-wrote 'Black Panther,' delivers an inconsistent and disjointed but earnest and raw tale of a young African American man who grows up with violence and drug addiction all around, and becomes ensnared by it



  • Movies & TV