Blogs

Spain Aims For All Care Home Residents To Get First COVID-19 Vaccine Dose By Weekend

Posted on 2021-01-12T19:54:57+05:30 - blogs

Spain aims for all its nursing home residents to have received a first dose of vaccine against the coronavirus by the end of the week, Health Minister Salvador Illa said on Tuesday after a cabinet meeting.

For Many, COVID-19 Has Changed The World Of Work For Good

Posted on 2021-01-12T19:54:11+05:30 - blogs

The upheaval in global labour markets triggered by the coronavirus pandemic will transform the working lives of millions of employees for good, policymakers and business leaders told a Reuters virtual forum on Tuesday.

Sheldon Adelson, Casino Mogul Who Made Big Bets On Trump And Netanyahu, Dies At 87

Posted on 2021-01-12T19:39:11+05:30 - blogs

American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world's richest men and became a potent supporter of U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu, is dead at the age of 87.

Farm Laws: SC Order Goes Against Govt Wish, But Acceptable to All, Says MoS Agriculture

Posted on 2021-01-12T19:35:59+05:30 - blogs

Minister of State for Agriculture Kailash Choudhary said the government is always ready for talks but it is up to farmer unions to decide whether they want to go ahead with the scheduled ninth round of talks on January 15.

Las Vegas Sands Founder And CEO Adelson Dies

Posted on 2021-01-12T19:12:39+05:30 - blogs

Sheldon Adelson, founder, chairman and CEO of Las Vegas Sands, has passed away at the age of 87 from complications related to treatment for nonHodgkins Lymphoma , the casino company announced Tuesday.

Singapore Airlines Staff Offered COVID-19 Vaccinations

Posted on 2021-01-12T19:15:04+05:30 - blogs

Singapore Airlines said on Tuesday some of its Singaporebased staff have been offered COVID19 vaccinations by the government.

Global Markets: Wall Street Heads For Steady Start Amid White House Drama

Posted on 2021-01-12T18:36:24+05:30 - blogs

Wall Street was headed for a steady start on Tuesday as a sell off in U.S. Treasuries lifted demand for the dollar and markets hoped for a calmer countdown to Joe Biden's inauguration next week.

Toyota Resumes Some Production Lines In China After Temporary Suspension

Posted on 2021-01-12T18:30:11+05:30 - blogs

Toyota Motor Corp has resumed its production lines in China's Guangzhou City which it had temporarily halted due to a shortage of semiconductors, the Japanese automaker said on Tuesday, the latest case of shortages affecting the automobile industry.

Retail Inflation Drops to 4.59%, Industrial Production Contracts 1.9%

Posted on 2021-01-12T18:24:06+05:30 - blogs

Food inflation declined to 3.41 per cent in December in 2020, compared to 9.5 per cent in the previous month, according to the data released by the Ministry of Statistics and Programme Implementation.

Twitter Blocks 70,000 QAnon Accounts After US Capitol Riot

Posted on 2021-01-12T17:57:05+05:30 - blogs

Twitter says it has suspended more than 70,000 accounts associated with the far right QAnon conspiracy theory following last week's U.S. Capitol riot.

India's Real GDP to Grow at 11% in FY22 Due to Faster Economy Recovery: Report

Posted on 2021-01-12T17:38:11+05:30 - blogs

The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching preCOVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms.

7 Credit Card Perks To Prioritize In 2021

Posted on 2021-01-12T17:42:05+05:30 - blogs

As you lay the groundwork for 2021 financial resolutions, take inventory of your credit cards to see if theyre still in line with your goals and priorities.

As Canada Battles Rising COVID-19 Cases, Lack Of Sick Leave Fuels Transmission

Posted on 2021-01-12T17:12:41+05:30 - blogs

As Canadian provinces struggle to contain rising COVID19 infections, a lack of adequate paid sick leave for frontline workers is fuelling transmission, doctors and advocates say.

Gold Rebounds As Focus Returns To Inflation Risks

Posted on 2021-01-12T17:10:04+05:30 - blogs

Gold gained about 1% on Tuesday, bouncing off a onemonth low touched in the last session, as focus returned to prospects of inflation driven by more U.S. fiscal stimulus under Presidentelect Joe Biden.

Oil Hits 11-month High Towards $57 As Saudi Cut Supports

Posted on 2021-01-12T17:06:57+05:30 - blogs

Oil hit an 11month high towards $57 a barrel on Tuesday as tighter supply and expectations of a drop in U.S. inventories offset concerns over climbing coronavirus cases globally.

Volkswagen Recalls 56,000 Golf Models For Software Update

Posted on 2021-01-12T17:06:38+05:30 - blogs

Volkswagen will recall 56,000 of its bestselling Golf models to fix software problems that affect the infotainment system and reversing camera, the German company said on Tuesday.

Sensex Jumps 248 Points to End at New Peak, Nifty Tops 14,500 Amid Positive Global Cues

Posted on 2021-01-12T16:45:00+05:30 - blogs

Banking stocks once again defied red flags raised by RBI's Financial Stability Report by recovering sharply from early losses.

More Than 5.95 Crore Income Tax Returns Filed This Year

Posted on 2021-01-12T15:51:45+05:30 - blogs

Over 5.95 crore income tax returns (ITRs) for the fiscal year ended March 31, 2020 (201920) were filed by January 10, the Income Tax Department said.

Oil Prices Dip On Rising Virus Cases; Expected Stock Draw Stems Losses

Posted on 2021-01-12T15:41:07+05:30 - blogs

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, but expectations of a drawdown in crude oil inventory in the United States for a fifth straight week kept losses in check.

Gold Gains As Stocks Dip On Washington Woes, Slow Vaccine Rollouts

Posted on 2021-01-12T15:23:05+05:30 - blogs

Gold rose on Tuesday, rebounding from a near sixweek low touched in the previous session, as stocks slipped on political turmoil in Washington and the slow pace of COVID19 vaccinations across the world.

Renault Sales Fell 21.3% In 2020, Focus On Profitability In 2021

Posted on 2021-01-12T15:21:59+05:30 - blogs

French automaker Renault said on Tuesday its 2020 worldwide sales fell by 21.3%, to 2.95 million vehicles, due to the impact of the COVID19 pandemic on the global economy.

Freezing Temperatures Push Asian Gas Prices To New Records

Posted on 2021-01-12T15:18:30+05:30 - blogs

Freezing temperatures across Asia and Europe are sending the prices of liquefied natural gas (LNG) to new record highs as buyers grapple with depleting inventory and a shortage of tankers to ship the cargoes in.

Trump Dropped By Biggest Lender Deutsche Bank For Future Business - NYT

Posted on 2021-01-12T15:09:46+05:30 - blogs

Deutsche Bank will not do business in the future with U.S. President Donald Trump or his companies in the wake of his supporters' assault on the U.S. Capitol, the New York Times reported.

Toyota Halts Some Production Lines In China Due To Chip Shortage

Posted on 2021-01-12T15:07:12+05:30 - blogs

Toyota Motor Corp halted some of its production lines in China's Guangzhou City due to a shortage of semiconductors, the Japanese automaker said on Tuesday, the latest case of shortages affecting the automobile industry.

Global Markets: Stocks Take A Breather, Bonds Under Biden Pressure

Posted on 2021-01-12T15:00:31+05:30 - blogs

Shares were mixed on Tuesday as investors paused to assess how much worse the COVID19 pandemic could get while waiting for a new earnings season on Wall Street to inject fresh direction.

Reliance Retail to Rope in Local Kirana Stores as Franchise Partners to Fulfill Orders Placed on JioMart

Posted on 2021-01-12T14:17:03+05:30 - blogs

According to a report by Economic Times, in the case of products ordered on JioMart and not in stock with the kiranas — which typically sell the 300-400 most popular items — Reliance Retail will supply them and the margins will be shared equally.

GoAir Begins Vaccine Delivery; Operates Flight to Chennai from Pune Containing 70,800 Vials

Posted on 2021-01-12T13:43:29+05:30 - blogs

The flight took off for Chennai from Pune early morning on Tuesday, carrying 70,800 vials (7,08,000 doses) of the vaccine, according to GoAir.

Tata Motors Share Price Surges 12%, Hits New 52-week High on Strong China Sales

Posted on 2021-01-12T12:27:00+05:30 - blogs

The worldwide research firm retained a buy rating with a target of Rs 270 per share.

Rupee Slips 4 Paise to 73.44 Against US Dollar in Early Trade

Posted on 2021-01-12T12:00:06+05:30 - blogs

At the interbank forex market, the domestic unit opened at 73.42 against the US dollar and fell to 73.44 against the greenback, registering a decline of 4 paise over its previous close.

GAIL, Tata Motors, Emami: Here are the Top Stocks for Investors Today

Posted on 2021-01-12T10:07:02+05:30 - blogs

The Indian stock market might open in the red as the SGX Nifty indicates a negative opening for the country after losing 23 points.

Gold Prices Drop, Silver Rises Slightly; Check Out Rates in Your City

Posted on 2021-01-12T09:22:11+05:30 - blogs

Internationally, the price of gold has increased by Rs 4.70. The gold price per ounce is USD 1,848.10.

Gold Gains As Stocks Dip On Washington Worries, Rising Virus Cases

Posted on 2021-01-12T08:54:06+05:30 - blogs

Gold ticked higher on Tuesday as Asian stocks slipped on political ferment in Washington and a global surge in coronavirus cases, although a firmer dollar and higher U.S. Treasury yields limited gains.

Singapore Exchange Tightens Audit Rules For Listed Firms After Market Criticism

Posted on 2021-01-12T08:34:37+05:30 - blogs

Singapore Exchange's regulatory unit will tighten requirements for listed company auditors and raise standards on valuation reports, introducing a regulatory code of conduct for auditors.

Oil Prices Sapped By Rising Virus Cases; Anticipated Drop In U.S. Inventory Stems Losses

Posted on 2021-01-12T08:36:16+05:30 - blogs

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, though an anticipated drawdown in crude oil inventory in the United States for a fifth straight week stemmed losses.

Detroit Auto Show To Be Replaced By Outdoor Event This Year

Posted on 2021-01-12T06:09:48+05:30 - blogs

Detroit's big auto show will not take place as scheduled in September, but will be replaced by an outdoor exhibit at a race track in nearby Pontiac.

Airbnb Banning Rioters, Hate Groups Ahead Of Inauguration

Posted on 2021-01-12T05:24:15+05:30 - blogs

Airbnb said Monday that its reviewing reservations in the Washington, D.C., area ahead of next weeks presidential inauguration and will bar any guests associated with hate groups or violent activity.

Twitter, Boeing Fall; Eli Lilly, Crocs Rise

Posted on 2021-01-12T03:03:04+05:30 - blogs

Stocks that moved heavily or traded substantially Monday:

Brent Crude Falls On Renewed Lockdowns, Stronger Dollar

Posted on 2021-01-12T02:30:12+05:30 - blogs

Oil prices steadied on Monday after strong gains last week, as tough coronavirus lockdowns around the world renewed concerns about global fuel demand, while a stronger U.S. dollar also weighed on prices.

Closing Prices For Crude Oil, Gold And Other Commodities

Posted on 2021-01-12T02:09:35+05:30 - blogs

Benchmark U.S. crude oil for February delivery rose 1 cent to $52.25 a barrel Monday. Brent crude oil for March delivery fell 33 cents to $55.66 a barrel.

ECoR Carried 150.86 Mt Of Freight Till Jan 10 In FY21

Posted on 2021-01-12T02:39:25+05:30 - blogs

The East Coast Railway has carried 150.86 million tonnes of freight till January 10 in the current fiscal, despite the COVID-19 challenges, an official said on Monday. The railway has transported 84.10 mt of Coal, 20.50 mt of iron ore, 13.03 mt of iron and steel, 5.30 mt of fertiliser and other commodities during the period.

Carnival Expects 2021 Loss But Says 2022 Bookings Are Strong

Posted on 2021-01-12T01:51:03+05:30 - blogs

Carnival Corp. said Monday its 2022 cruise bookings are running ahead of 2019 numbers, a good sign that guests will return once the pandemic has eased.

GM Charges Up New Unit To Sell Electric Delivery Vans, Gear

Posted on 2021-01-12T20:03:04+05:30 - blogs

The market for batterypowered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it.

Investors Look To Upcoming U.S. Earnings For A View Into 2021

Posted on 2021-01-11T23:58:01+05:30 - blogs

Investors will be anxious to see whether upcoming quarterly reports and outlooks from U.S. companies validate expectations for a strong 2021 rebound in earnings and the economy, which were ravaged by the coronavirus pandemic last year.

Ford Takes 2 Of 3 North American Vehicle Of The Year Awards

Posted on 2021-01-11T23:48:16+05:30 - blogs

Ford Motor Co.'s new electric Mustang Mach E is the North American Utility Vehicle of the Year, and the company's F150 pickup won truck honors from a group of auto journalists.

Labour Ministry to Consider Feedback on Using Social Media for Wage Payment Intimation

Posted on 2021-01-11T22:56:35+05:30 - blogs

The ministry had circulated two draft standing orders on the services sector and manufacturing and mining sectors on December 31, 2020. It has given 30 days' time to stakeholders to give feedback before the orders are implemented.

Serious Efforts Made to Engage With 'Limited Number' of Protesting Farmers: Centre Says after SC Rap

Posted on 2021-01-11T22:51:57+05:30 - blogs

The statement was made by the Ministry of Agriculture and Farmer Welfare in an affidavit which was filed hours after the apex court pulled up the Centre for its handling of the farmers protest.

Wall Street Distances Itself From Trump, GOP After Riots

Posted on 2021-01-11T21:54:05+05:30 - blogs

A growing number of Wall Street banks and businesses have cut ties with President Donald Trump's campaign and financial arms, as well as the broader Republican Party, following last week's riots and insurrection at the U.S. Capitol.

RBI Governor Shaktikanta Das Flags Concerns Over High Govt Debt amid Shortfall in Revenues

Posted on 2021-01-11T21:36:33+05:30 - blogs

RBI Governor Shaktikanta Das said the high borrowings amid the shortfall in revenues have also imposed additional pressures on banks that are facing problems like a jump in nonperforming assets (NPAs) because of the pandemic.

Meet The Online Gadget Show, A Hall Of Mirrors To The Future

Posted on 2021-01-11T21:21:06+05:30 - blogs

Every January, huge crowds descend on Las Vegas for the CES gadget show, an extravaganza of tech and glitz intended to set the tone for the coming year in consumer technology. CES kicks off this week, but thanks to the pandemic, it will be in a radical new format a virtual show taking place only in cyberspace.

Banks Gross NPA May Rise to 13.5% by September 2021: RBI Financial Stability Report

Posted on 2021-01-11T20:18:27+05:30 - blogs

If the macroeconomic environment worsens into a severe stress scenario, the GNPA ratio may escalate to 14.8 per cent, the report said.

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