LIVE News Updates: India recorded a single-day rise of 3,998 coronavirus fatalities with Maharashtra carrying out its 14th Covid data reconciliation exercise, pushing the country's death toll to 4,18,480 while 42,015 new infections were reported, according to the Union Health Ministry data updated on Wednesday.
Bitcoin climbs back over $30,000
Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.Bitcoin rose about 3% to $30,762 in the Asia session after it dropped to its lowest since June on Tuesday at $29,296. Bitcoin is worth less than half its April record high of $64,895.22. Ether rose 4% to $1,862.
Delhi government grants permission to farmers to stage a protest at Jantar Mantar tomorrow, subject to following all COVID protocols: Sources
Classes 10 and 12 board exams for private candidates to be held from Aug 16 to Sept 15: CBSE
The Central Board of Secondary Education (CBSE) on Wednesday announced that classes 10 and 12 exams for private candidates will be conducted from August 16 to September 15. The board ruled out declaring results of the private candidates on the basis of an alternative assessment policy like that for regular candidates, saying neither schools nor CBSE has any previous assessment record for these students."The exams will be conducted from August 16 to September 15 and their result will also be declared in minimum possible time to avoid any difficulty to them in admission in higher education," CBSE Examination Controller Sanyam Bhardwaj said. Earlier in the day, a group of private candidates staged a protest outside the CBSE headquarters alleging disparity between them and regular candidates.
CAA, NRC not against any citizen: Mohan Bhagwat
CAA & NRC haven't been formed against any citizen of India. Indian Muslims will face no loss due to CAA. After partition, assurance was given that we'll take care of minorities of our country. We're abiding by that till today, Pakistan didn't: Mohan Bhagwat, in Guwahati
Brisbane picked to host 2032 Olympics without a rival bid
Brisbane was picked Wednesday to host the 2032 Olympics, the inevitable winner of a one-city race steered by the IOC to avoid rival bids.The Games will go back to Australia 32 years after the popular 2000 Sydney Olympics. Melbourne hosted in 1956.We know what it takes to deliver a successful Games in Australia, Prime Minister Scott Morrison told International Olympic Committee voters in an 11-minute live video link from his office.Brisbane follows 2028 host Los Angeles in getting 11 years to prepare for hosting the Games. Paris will host in 2024.
Glenmark Life Sciences IPO price band fixed at Rs 695-720; offer to open on July 27
Glenmark Life Sciences on Wednesday said it has fixed a price band of Rs 695-720 a share for its initial share-sale. The three-day initial public offer (IPO) will open on July 27 and conclude on July 29, the company said in a statement.
Novak Djokovic arrives in Tokyo for Olympics
Tennis world number one, Novak Djokovic, arrived at Haneda Airport in Tokyo on Wednesday afternoon, ahead of the Olympic Games. Only last Thursday, Djokovic, 34, posted on Twitter saying he had booked his flight and was proud to represent Serbia at the Games in Tokyo. If he wins gold in men's singles and at the U.S. Open, he would be the first male tennis player to complete a "Golden Slam" all four Grand Slam tournaments and the Olympics in the same calendar year. Roger Federer, Rafael Nadal, Dominic Thiem and Nick Kyrgios are among the top men's players who won't be competing in the Olympics. His previous best at an Olympics was bronze in Beijing in 2008.
Glenmark Life Sciences IPO to open on Jul 27; price band set at Rs 695-720/share
Glenmark Life Sciences on Wednesday said it has fixed a price band of Rs 695-720 a share for its initial share sale. The three-day initial public offer (IPO) will open on July 27 and conclude on July 29, the company said in a statement. The public issue will have a fresh issue of equity shares worth up to Rs 1,060 crore and sale of up to 63 lakh equity shares by Glenmark Pharma.
Maharashtra: Heavy rainfall continues to lash Mumbai, visuals from Wadala.
As per India Meteorological Department's (IMD) forecast, Mumbai will experience 'generally cloudy sky with heavy rain' today.
IBBI amends regulations; seeks to enhance discipline, transparency in insolvency process
Seeking to enhance transparency in insolvency process, IBBI has amended regulations for corporate insolvency proceedings wherein a resolution professional will be required to provide details about his or her opinion about avoidance transactions pertaining to a corporate debtor. The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations. An official release on Wednesday said the amendments to the regulations are aimed at enhancing "the discipline, transparency, and accountability in corporate insolvency proceedings". A resolution professional is duty-bound to find out if a Corporate Debtor (CD) has been subject to avoidance transactions, namely, preferential transactions, undervalued transactions, extortionate credit transactions, fraudulent trading and wrongful trading, and file applications with the adjudicating authority seeking appropriate relief.
Mysun raises Rs 15 cr from Tata Cleantech Capital
Rooftop solutions company Mysun on Wednesday said it has raised Rs 15 crore in debt funding from Tata Cleantech Capital Ltd (TCCL). TCCL is a joint venture between Tata Capital Ltd (TCL) and International Finance Corporation (IFC). Mysun has recently launched its solar asset vehicle, Mysun+ to develop solar projects under the distributed and open access models with an investment of Rs 600 crore in the first phase. This term loan will be used to fund the existing projects of Mysun+ and credit line will be used to develop its pipeline projects, a statement said on Wednesday. Mysun is present in nine states including Rajasthan, Maharashtra, Uttar Pradesh, Gujarat, Madhya Pradesh and Andhra Pradesh along with the National Capital Region. "We have got a very promising traction in our new launched asset vehicle Mysun+ and this funding from TCCL will help us de-leverage our equity capital and develop a larger pipeline of projects. Over the next few quarters, we are looking to develop about 200MW of projects which are currently at various stages of development, Gagan Vermani, founder and CEO of Mysun, said.
Aviation Ministry forms advisory groups to resolve challenges facing sector
The Civil Aviation Ministry has formed three advisory groups comprising airlines, airport operators, cargo carriers, ground handling companies, flying training organisations and maintenance, repair and overhaul companies to deliberate and resolve challenges faced by the sector, an official statement said on Wednesday. India and its aviation sector were badly hit by the coronavirus pandemic's second wave in April and May. Many aviation stakeholders are not in a good financial shape currently. The ministry said on Twitter: "Under the chairmanship of the Honourable Minister of Civil Aviation, Shri Jyotiraditya Scindia, the Ministry of Civil Aviation (MoCA) has formed three advisory groups comprising airlines, airport operators and MRO, cargo carriers, FTOs and ground handling companies." "The groups shall meet regularly to deliberate upon issues and resolve challenges facing each sector. Orders have been issued for the same," it added.
Intermittent rain in Mumbai; IMD predicts more showers
Intermittent rains lashed Mumbai on Wednesday, but the rail and transport services were not affected, officials said. The India Meteorological Department (IMD) has sounded an 'orange alert' for Mumbai on Wednesday, indicating the possibility of heavy to very heavy rainfall at isolated places. Though there was increased rain intensity in the city and suburbs since morning, there was no report of any major water-logging in low-lying areas like Hindmata, Matunga and Kurla, officials of the Brihanmumbai Municipal Corporation (BMC) said.
A subdued Bakrid for Muslim community in Kerala under COVID second wave
The Muslim community in Kerala on Wednesdaycelebrated Bakridin in a subdued manner at their homes sans any public festivities and usual social gatherings as the state is reeling under a severe second COVID-19 wave. Large Eid-Gahs (mass prayer on the beach, etc)and mass Namaz at mosques were absent this year also as the government continued to impose strict restrictions in view of the fear of resurgence of the pandemic after a drop in cases this month.
Maruti crosses 50 lakh cumulative sales milestone in rural markets of India
The country's largest carmaker Maruti Suzuki India on Wednesday said it has crossed the 50 lakh cumulative sales milestone in rural markets of India. With over 1,700 customised outlets in rural parts of the country, nearly 40 percent of the total MSIL sales come from rural markets today, Maruti Suzuki India Ltd (MSIL) said in a statement. The company's total sales in the April-June period of this fiscal stood at 3,53,614 units. In fiscal 2020-21, it had sold a total of 14,57,861 units, down from 15,63,297 units sold in 2019-20. Commenting on the feat, MSIL Senior Executive Director (Marketing & Sales) Shashank Srivastava said, "We are proud to announce that with the support from our customers and local dealer partners, we have achieved 50 lakh sales in rural India cumulatively."
ICICI Securities Q1 profit surges 61%; revenue up 37%
ICICI Securities has reported a 61 percent jump in profit after tax (PAT) to Rs 311 crore in three months ended June 2021 on account of growth in revenue and improvement in margins. In comparison, the company had posted a PAT of Rs 193 crore in the same quarter preceding fiscal, ICICI Securities said in a statement.
World No 1 archer Deepika's journey: From an emaciated 12-year-old to India's Tokyo Olympic medal prospect
Money Money Money: Should you invest in G-Secs? Experts weigh in
The Reserve Bank of India (RBI) has decided to allow retail investors easy online access to the Government Securities (G-Secs) market under its retail direct scheme. READ MORE
Deepak Chahar scripts India's series-sealing win over Sri Lanka
Tail-ender Deepak Chahar brought India back from the dead with a steely 69 off 82 balls and script the visiting team's series-sealing victory in the second ODI against Sri Lanka here on Tuesday. Chasing 276, India were down and out at 193 for seven before Chahar and Bhuvneshwar Kumar (19 not out off 28) forged an unbeaten 84-run stand to seal a memorable win for the visitors who extended their record of not losing an ODI on Sri Lanka soil since 2012. A struggling Sri Lankan outfit badly needed a morale-boosting win but has only itself to blame for not finishing the job from a commanding position. Chahar, whose highest score before this game was 12, showed remarkable resolve and composure under pressure to take his team over the line with five balls to spare. He fittingly hit the winning boundary. It was India's ninth consecutive bilateral series win over Sri Lanka. The third ODI will be played on Friday.
CBDT extends the deadline for filing foreign remittance tax forms to August 15; details here
The new income tax portal is still not functioning at its full capacity, with glitches and bugs not yet entirely fixed. Considering the difficulties faced by taxpayers, the Central Board of Direct Taxes (CBDT) had decided that individuals can submit Forms 15CA/15CB in physical format to authorised representatives. The CBDT has extended the date of submission till August 15 from earlier July 15.
COVID-19 INDIA UPDATE | Data Reconciliation By Maharashtra Leads To A Sharp Rise In Deaths Tally
Maharashtra’s Deaths Tally Increase By 3,656 With 3,509 Of Those Are Old Deaths
India’s Total Cases Increase By More Than 40,000, Up 42,015
Active Cases See A Rise Of 1,040 After Falling In the Previous Five Days
Recoveries Rise By 36,977 In the Last 24 Hours
Positivity Rate Back Above 2%; It’s At 2.27% Vs Prev Day’s 1.68%
Recovery Rate Is At 97.36% & Mortality Rate Rises To 1.34%
Single-day Testing At 18.52 Lakh & Vaccinations At 34.25 Lakh
7-day Average For Vaccinations Remains Above 38 Lakh; It’ 38.21 Lakh
Total Cases At 3.12 Cr, Active At 4.07 Lakh, Recoveries At 3.04 Cr & Deaths At 4.18 Lk
Cryptocurrency prices on July 21: Bitcoin trades flat below $30k; Dogecoin jumps 8%
Indian markets shut today on account of Bakri Id
Trading at Indian stock exchanges -- Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) -- will remain shut today on account of Bakri Id. As per the list of stock market holidays 2021 available at the official BSE website — bseindia.com — there will also be no action in equity, derivative and SLB segments today.
PM Modi greets people on Eid ul-Adha
Prime Minister Narendra Modi greeted people on Eid-ul-Adha on Wednesday. May this day further the spirit of collective empathy, harmony and inclusivity in the service of greater good, he wished. Modi tweeted, "Eid Mubarak! Best wishes on Eid-ul-Adha. May this day further the spirit of collective empathy, harmony and inclusivity in the service of greater good."
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