8 States Show Rise In R-Factor, Covid “Still Raging”, Cautions Government

New Delhi:  The pandemic is “still raging” in the country and eight states have shown a rise in the R-factor, the government said today, calling it a “significant problem”. As many as 44 districts have reported a high case positivity and the Delta-driven second wave is still not over,…

On Day Of Joint Statement, China Releases Video Of 2020 Galwan Clashes

New Delhi:  Chinese online handles have released footage of the clashes which took place between Indian and Chinese soldiers in the Galwan Valley in Ladakh in June last year. The visuals surfaced hours after India and China issued a joint statement yesterday saying they would continue Commander-level…

Nifty scales 16,000 as investors eye economic recovery

Indian shares ended higher on Tuesday, with the blue-chip Nifty index surpassing the 16,000 level for the first time, as investors bet on a faster recovery in Asia’s third-largest economy following a devastating second COVID-19 wave. The NSE Nifty 50 index ended up 1.55% at 16,130.75 and the benchmark S&P BSE…

RBI imposes fine over Rs 50 lakh on Janalaxmi Co-operative Bank for non-compliance

Reserve Bank of India (RBI) on Monday said it has imposed a penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank, Nashik for non-compliance with certain regulatory requirements. The penalty on Janalaxmi Co-operative Bank has been imposed for non-compliance with directions issued by RBI on ‘Placement of…

1st Test: Injury-hit India set for trial by swing vs England as rivalry resumes at Trent Bridge

HIGHLIGHTS England are all set to host India in the first of 5 Tests in the series at Trent Bridge from Aug. 4 India lost 4-1 the last time they played Tests in England under Virat Kohli in 2018 India will look to win their first Test series in England since their 2007 triumph under Rahul Dravid The much-awaited Test…

iPhone 12 for as low as Rs 67,400, MacBook Pro with Rs 7,000 back, more Apple deals now live at Vijay Sales

HIGHLIGHTS Vijay Sales is now offering iPhone 12 for as low as Rs 67,400. MacBook Pro brings the biggest discount of Rs 7,000 on the sale. AirPods and HomePod mini are also up for grabs at discounts. If you want to buy a new iPhone, Vijay Sales has some amazing offers lined up on the iPhone 12 series, iPhone 11, and…

Ex-Banker Falguni Nayar Gets Her Turn As Billionaire Startup CEO. Here’s How

For years, Falguni Nayar guided the founders of Indian companies through roadshows in Europe and the U.S. as they made their way to stock market debuts. Now the former investment banker is steering her own startup to an historic initial public offering. Nykaa, her brainchild, has grown into India’s top e-commerce…

Cryptocurrency prices today: Bitcoin, Ether fall as virtual coin market sees profit booking

Cryptocurrency prices weakened on Tuesday as the virtual coin market saw increased profit-booking by investors. However, analysts suggest that the consolidation is minor and virtual coin markets will not witness a major impact due to it. Bitcoin, the world’s most popular cryptocurrency was trading at $38,582.30, down…

Here’s why Vodafone Idea shares tanked over 10%

Shares of Vodafone Idea tanked over 10 per cent on the stock market after a weak opening on Tuesday. The ailing telecom firm’s shares were trading at Rs 7.37, down 10.67 per cent on the Bombay Stock Exchange at 2:40 pm. On the National Stock Exchange (NSE), the company’s stock was down 10.30 per cent. WHY DID…

More than 30 lakh people lost jobs in July despite economic recovery

More than 30 lakh people lost jobs in July despite a recovery in some key economic indicators as the impact of the second Covid wave eases. The latest data from the Mumbai-based Centre for Monitoring Indian Economy (CMIE) indicated that 3.2 million or 32 lakh jobs were lost in July. By the end of July, 76.49 million or…