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Public institutions, pvt sector together can help developing economies overcome pandemic: Nadella

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Microsoft CEO Satya Nadella on Saturday said public institutions and the private sector working together can help developing economies to recover from the pandemic and “catch-up growth”. He also emphasised on the need for a “social contract” between the government, private sector and the broad civic society that allows creation of harmony to navigate changes together. “Having grown up as a son of an Indian civil servant, I think quite a bit about public sector and also the institutional strength of our public sector institutions is so important…how do we…

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NEWS CATEGORIES WORLD NEWS 

US allows emergency COVID-19 vaccine in bid to end pandemic

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The US gave the final go-ahead Friday to the nation’s first COVID-19 vaccine, marking what could be the beginning of the end of an outbreak that has killed nearly 300,000 Americans, according to a person familiar with the decision but not authorised to discuss it publicly. Shots for health workers and nursing home residents are expected to begin in the coming days after the Food and Drug Administration authorised an emergency rollout of what promises to be a strongly protective vaccine from Pfizer Inc. and its German partner BioNTech. Initial…

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NATIONAL NEWS NEWS CATEGORIES 

PM assures farmers on agri reforms, says govt committed to their welfare

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As farmers vowed to expand their protests over new farm laws, Prime Minister Narendra Modi on Saturday assured them that his government was committed to their welfare and that the legislations were aimed at giving them alternate markets to boost income Without directly referring to the farmers’ agitation, which entered the 17th day on Saturday, Modi said agriculture reforms as part of government efforts are aimed at removing roadblocks, and the new laws will also bring in technology and investment in the sector. The government, he said, is committed to…

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NEWS CATEGORIES SPORTS 

Kohli skips pink-ball warm-up game, India opt to bat

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India captain Virat Kohli on Friday opted out of the day-night warm-up game against Australia A, deciding to give his body some rest after having played in all the preceding limited-overs matches. India won the toss and elected to bat in the three-day game that started here on Friday. With Kohli sitting out of the pink-ball tour match, the seasoned Ajinkya Rahane is leading the team at the Sydney Cricket Ground. The game is more of a simulation ahead of the series opening day-night Test, which will be played with…

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BUSINESS NEWS CATEGORIES 

Sensex jumps over 250 pts in early trade; Nifty tops 13,550

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Equity benchmark Sensex rose over 250 points in early trade on Friday tracking gains in index majors Reliance Industries, HDFC and ICICI Bank amid persistent foreign fund inflows. After touching its record intra-day high of 46,212.53 in the opening session, the 30-share BSE index was trading 249.43 points or 0.54 per cent higher at 46,209.31. Similarly, the broader NSE Nifty rose 73.20 points or 0.54 per cent to 13,551.50. It hit a high of 13,553.80. ONGC was the top gainer in the Sensex pack, rallying around 6 per cent, followed…

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NEWS CATEGORIES WORLD NEWS 

Biden signals limit on executive authority use

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Joe Biden has suggested he can’t go as far with executive authority as some of his most vocal supporters would like, declaring that he won’t violate the Constitution in a leaked recording of his call with civil rights leaders. Audio from the private call on Tuesday was obtained by The Intercept. Biden is urged to use executive action to promote police reform and is heard promising to use his presidential power to overturn every single damn thing that President Donald Trump did via executive action. But, he added, I am…

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NATIONAL NEWS NEWS CATEGORIES 

India’s COVID-19 caseload rises to 97.96 lakh with 29,398 fresh infections

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India recorded less than 30,000 fresh COVID-19 infections on Friday, the second time this month, which pushed its caseload to 97.96 lakh, while the total number of recoveries surged to 92.90 lakh, according to the Union health ministry data. The total coronavirus cases mounted to 97,96,769 with 29,398 fresh infections, while the death toll rose to 1,42,186 with 414 new fatalities, the data updated at 8 am showed. India had recorded a daily rise of 26,567 cases on December 8. The number of people who have recuperated from the disease…

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NEWS CATEGORIES SPORTS 

Wade can be makeshift opener in Test for Australia, feels Clarke

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Former skipper Michael Clarke believes in-form wicketkeeper-batsman Matthew Wade can be a makeshift opener in an injury-hit Australia squad for the first Test against India beginning at Adelaide on December 17. Australia are grappling with injury issues ahead of the day-night Test with David Warner being ruled out due to a groin injury, while Will Pucovski, who was considered a sure-short selection for the opening Test, is now a doubtful starter after suffering a concussion in a warm-up game against India A in Sydney. Joe Burns’ awful run of form…

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LEGAL NEWS NEWS CATEGORIES 

CBI files supplementary charge sheets in 2 Vyapam scam cases

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 The CBI has filed supplementary charge sheets in two separate cases related to pre-medical test-2009 and transport constable recruitment test-2012 conducted by Vyapam in Madhya Pradesh, officials said Tuesday. In the supplementary charge sheet filed before a Gwalior special court in the PMT-2009 case, the CBI has listed 126 accused candidates, impersonators, parents of candidates and middlemen who allegedly facilitated use of proxy candidates to get selected in medical colleges of the state, they said. “During CBI investigation, it was found that 36 candidates had allegedly arranged impersonators to appear…

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BUSINESS NEWS CATEGORIES 

Rupee depreciates 11 paise to 73.68 against US dollar in early trade

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The rupee depreciated 11 paise to 73.68 against the US dollar in opening trade on Thursday tracking muted domestic equities and a rebound in the American currency. At the interbank forex market, the domestic unit opened at 73.68 against the US dollar, registering a fall of 11 paise over its previous close. On Wednesday, the rupee strengthened by another 3 paise to mark its seven-week high of 73.57 against the US dollar. A rebound of the US dollar, Brexit deal impasse and the Reserve Bank of India’s presence in the…

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