Capital Gain

Analysts expect ‘muted’ June qtr for telcos amid lower subscriber additions

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Analysts have predicted a “muted” June quarter for telecom companies due to slow smartphone sales amid lockdowns, free recharges given by telcos for low income users to help them stay connected during the pandemic and moderate subscriber additions. In its note, J M Financial said while it expects “subdued activity” […]

Covid-19: Must you take the AstraZeneca booster shot at 8 weeks rather than 12?

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University of Newcastle Callaghan (Australia), July 10: Australia’s Prime Minister, Scott Morrison, appeared to have made a “captain’s call” yesterday by encouraging people in New South Wales outbreak areas to have their AstraZeneca booster closer to eight weeks after their initial shot rather than wait for the generally recommended 12 weeks. The official health advice […]

Fight against Covid-19: PM cautions against ‘carelessness or complacency’

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Prime Minister Narendra Modi on Thursday cautioned against letting one’s guard down on Covid-19 even as he expressed concern over recent pictures and videos of crowded places where people roamed about without masks or any social distancing. Addressing the Council of Ministers on Thursday evening, Modi is understood to have stressed that there should be […]

Lockdown hits availability of organs for transplantation

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The Covid-19 pandemic has dealt a body blow to organ transplantation and aggravated the existing gap between patients awaiting transplants and organ availability. Since the start of the pandemic 15 months ago, the queue of patients requiring organs has only increased. The main source of organ availability was from victims of road accidents. But with […]

India sees return to normal oil demand by year-end

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India expects fuel demand to get back to pre-virus levels by the end of 2021 as the world’s third-biggest oil consumer emerges from the clutches of the Covid-19 pandemic. “There are signs of demand resurgence due to lifting of lockdowns and gradual pickup in economy,” India’s Oil Minister Dharmendra Pradhan told Bloomberg New Energy Finance’s […]

To rebound, India Inc will need more stimulus

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Indian industry has emerged as a crucial partner with the government, civil society and common citizens in the battle against Covid-19, especially since the last week of April. Whether it be diversion of oxygen supply from the industry to hospitals, joining the logistics and supply chain for essential medicines or reaching out to the global […]

L&T Chief meets Telangana CM; seeks support for Hyderabad metro

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Telangana Chief Minister K Chandrashekhar Rao today assured that the government would look into concerns of Hyderabad metro rail project that have cropped up due to the Covid crisis and assured of the State support. While stating that the Hyderabad Metro offered a safe and protective transportation system during the Corona pandemic, the CM has […]

Employers: Get serious about hiring talent of color

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US Fed holds rates at zero, projects two hikes by the end of 2023

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Federal Reserve officials held interest rates near zero but signaled they expect two increases by the end of 2023, pulling forward the date of liftoff as the economy recovers. “Progress on vaccinations has reduced the spread of Covid-19 in the United States,” the Federal Open Market Committee said in a […]

Govt asks ministries, departments to cut ‘controllable’ expenditure by 20%

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The finance ministry has asked ministries and departments to cut “all avoidable non-scheme expenditure and aim for a 20% reduction in controllable expenditure”. The move, which will help the government rein in overall budget spending, comes at a time when there are concerns that the fiscal deficit may exceed the […]