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Rupee rises 20 paise to 75.71 against US dollar in early trade

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The rupee appreciated 20 paise to 75.71 against the US dollar in early trade on Tuesday as initial success in COVID-19 vaccine trial boosted investor sentiment world over.   Forex traders said besides the encouraging results in COVID-19 vaccine trial, higher opening of domestic equities and weakening American currency supported the local unit. At the interbank foreign exchange, the rupee opened at 75.71, registering a rise of 20 paise over its previous close. On Monday, the rupee had settled at 75.91 against the US dollar. The rupee opened with gains…

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NATIONAL NEWS NEWS CATEGORIES 

COVID-19 cases reach 1,01,139; death toll touches 3,163

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The number of coronavirus cases crossed the one lakh mark in the country on Tuesday, while the death toll due to the infection touched 3,163, according to the Union Health Ministry. A total of 134 deaths and 4,970 COVID-19 cases were reported in the country in the past 24 hours since 8 pm on Monday, it said The total number of coronavirus cases has risen to 1,01,139, the ministry said The number of active COVID-19 cases stood at 58,802 while 39,173 people have recovered and one patient has migrated, it…

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NEWS CATEGORIES WORLD NEWS 

UN chief Guterres encouraged by pact between Afghan prez Ghani, Abdullah

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UN Secretary-General Antonio Guterres is encouraged by the agreement between Afghanistan President Ashraf Ghani and Abdullah Abdullah, saying it will help find a way to enable progress towards intra-Afghan negotiations and a comprehensive peace agreement. As per the deal, Ghani will stay as the president while Abdullah will helm the High Council of National Reconciliation (HCNR) with executive authority and his team will have a 50 per cent share in the Cabinet, according to reports. The HCNR has been mandated to lead future peace talks including with the Taliban. Abdullah…

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NEWS CATEGORIES SPORTS 

Will have to get used to new normal: Ishant on possible ban on use of saliva

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Senior India pacer Ishant Sharma says fast bowlers will have to get used to the “new normal” if the ICC decides to ban the use of saliva to shine the ball owing to the COVID-19 pandemic.   The International Cricket Council (ICC) is reportedly considering the use of artificial substances on the ball instead of saliva in the post COVID-19 scenario, effectively legalising ball-tampering. The idea has attracted mixed response from the cricketing fraternity. “We know there are talks of some changes and adjustments in cricket, but I feel cricketers…

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BUSINESS NEWS CATEGORIES 

Sensex plunges over 800 pts in early trade; bank stocks crack

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Equity benchmark Sensex plunged over 800 points in opening session on Monday dragged by losses in banking stocks as the government’s fiscal stimulus package failed to revive confidence in domestic investors.   After hitting a low of 30,265.67, the 30-share index was trading 731.91 points or 2.35 per cent lower at 30,365.82. Similarly, NSE Nifty slumped 226.90 points, or 2.48 per cent, to 8,909.95. ICICI Bank was the top laggard in the Sensex pack, cracking around 6 per cent, followed by Axis Bank, SBI, Bajaj Finance, Titan, Maruti, IndusInd Bank,…

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NEWS CATEGORIES WORLD NEWS 

Japan’s growth drops amid pandemic, worse times likely ahead

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Japan’s economic growth plunged into recession in the first quarter as the coronavirus pandemic squelched production, exports and spending, and fears are growing that worse times may lie ahead.   The Cabinet Office reported Monday a 3.4 per cent drop in the annual pace of seasonally adjusted real gross domestic product, or GDP, for the January-March period. The annual pace gives what the rate would be when continued for a year. For just the quarter, the drop was 0.9 per cent. Exports dived 21.8 per cent. Private residential investments slipped…

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NATIONAL NEWS NEWS CATEGORIES 

COVID-19: Centre lists parameters for states to delineate red, orange, green zones

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Parameters laid down by the Union Health Ministry such as active COVID-19 cases, doubling and fatality rates and cases per lakh population have to be taken into consideration by states and union territories while categorising areas into red, orange or green zones. The ministry also issued guidelines for delineation of containment and buffer zones and outlined actions that have to be implemented in those areas to break the chain of transmission of the disease. In a letter to states and union territories, Union Health Secretary Preeti Sudan said states may…

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ENTERTAINMENT NEWS CATEGORIES 

Decentralisation of cities, devt of far-flung areas can help address migrant workers’ woes: Gadkari

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At a time when the trauma of migrant workers are coming to the fore amid the coronavirus-induced lockdown, Union minister Nitin Gadkari has said “decentralisation of cities” and development of far-flung areas are solutions to address the crisis faced by them. Migrants’ tragedy is “too unfortunate”, Gadkari said and emphasised that it was high time that employment avenues through development is created in villages, rural, backward and far-flung areas shorn of development. With the coronavirus pandemic and the subsequent lockdown, economic activities have been disrupted. After being rendered jobless, thousands…

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NATIONAL NEWS NEWS CATEGORIES 

India’s COVID-19 death count rises by 120, record jump of nearly 5,000 new cases

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The death toll due to COVID-19 rose to 2,872 and the number of total positive cases climbed to 90,927 Sunday morning, registering an increase of 120 fatalities and a record jump of 4,987 new cases in 24 hours, since 8 AM Saturday, according to the Union Health Ministry. The number of active COVID-19 cases stands at 53,946, while 34,108 people have recovered and one patient has migrated, it said. “Thus, around 37.51 per cent patients have recovered so far,” a senior health ministry official said Three states have reported over…

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NEWS CATEGORIES WORLD NEWS 

Coronavirus: Beijing announces wearing masks outdoors not necessary

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A Bangladeshi medical team led by a senior doctor has claimed that their research on the combination of two widely used drugs has yielded astounding results in curing the patients with acute symptoms of the coronavirus that has created havoc worldwide and claimed the lives of over 312,000 people globally. The claim by the Bangladeshi medical team, which includes prominent physicians from the country, comes amidst the desperate global attempts for a remedy to the deadly coronavirus. We have got astounding results. Out of 60 COVID-19 patients, all recovered as…

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