Buying and selling of exchange trade fund (ETF) units worth less than Rs 25 crore will now have to take place compulsorily on the stock exchange platform, according to a new rule which comes into effect on Tuesday. The fresh norm, which comes into being after two deferments, is aimed at boosting liquidity and reducing tracking error. At present, investors directly deal with the asset management companies (AMCs) for purchase and redemption of ETFs - passive schemes that track a particular benchmark such as the Nifty50 index.
What do we know about India's devastating second wave, and can we assign responsibility for it?
Focus on nutrition, tailor-made training for specific opponents key to Prannoy's success.
Dapper dads who look good at every age.
'Who are the people who are dying?' 'What is their profile?' 'We need to know these things.' 'We do not take health issues seriously.'
Nobel laureate Peter Doherty says his 'big worry' is there could be refusals for other vaccines if doubts over its safety turn out to be true.
The recoveries surged to 15,35,743 with a record 54,859 more people recuperating in the past 24 hours, taking the recovery rate to 69.33 per cent. The case fatality rate has dropped to about 2 per cent, the govt said.
Referring to the COVID-19 pandemic, Modi said India has always prided itself as the first responder in the region - a friend in need.
As of Thursday, he said total deaths in America due to COVID-19 is over 527,000. That's more deaths than in World War I, World War II, the Vietnam War, and 9/11 combined, he said.
The Australian team on paper holds slight advantage on a bouncy track at The Oval but both Ravi Shastri and Ricky Ponting believe that the Indians are better prepared.
Prime Minister Narendra Modi on Wednesday asked states to make full use of the expanded COVID-19 testing capacity and saving lives a top priority as India recorded the highest ever spike of 2,003 coronavirus deaths after Maharashtra and Delhi added earlier fatalities not attributed to the disease.
'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.
However, two districts -- Pilibhit in Uttar Pradesh and Shaheed Bhagat Singh Nagar in Punjab -- which did not record a fresh case in the last 28 days, reported new COVID-19 cases on Monday, it added.
Special infection proof fabric for usage in hospitals, low-cost corona virus testing kits, isolation pods for coronavirus infected patients, bubble helmets which can be an alternative for traditional oxygen masks and pendant to raise alarm on breach of social distancing, are also among the innovative ideas that have been given shape since the coronavirus outbreak in the country.
While the economy seems to be on a firm growth path, the fight against inflation is not over yet. Shaktikanta Das seems to be in no hurry. After playing well through a five-year Test match, he doesn't want to get out hit wicket, observes Tamal Bandyopadhyay.
In an attempt to stem the spread of coronavirus in India, Prime Minister Modi on Tuesday announced a nationwide lockdown for three weeks.
UK Health Secretary Matt Hancock said that though the daily rise in the toll was lower than previous days, it was important not to forget any one of the victims of the deadly virus and continue to strictly follow the social distancing norms in place to control its spread.
During the three years of confinement with her son, the woman did not allow even her husband into the house after he stepped out to go to office when restrictions eased after the first lockdown in 2020, police said.
Cambridge, Massachusetts-based Moderna's announcement comes just a week after Pfizer and Biontech said their COVID-19 vaccine candidate was found to be more than 90 per cent effective in preventing COVID-19 in participants.
It is a trend that economists and researchers say might continue. The data shows the share of this age group in the net EPF accounts created - a proxy for net new formal jobs created - fell from 37.9 per cent in 2018-19 to 24.1 per cent in 2021-22.
Led by Olympic champion Neeraj Chopra, India will seek to showcase its ascendency as a sporting power at the Asian Games, which opens formally on Saturday after an unprecedented one-year delay due to the COVID-19 pandemic.
Modi urged the country to show patience during the vaccination drive as it had shown till now in fighting the pandemic.
After healthcare and frontline workers, priority will be given to those above 50 years of age and the under-50 population groups with co-morbidities numbering around 27 crore, it added.
This is the fifth consecutive day that COVID-19 cases have increased by more than 50,000 in the country.
Four cities, including, Delhi, Mohali, Hyderabad and Ahmedabad have been issued ticket advisories with fans being banned from carrying protest banners.
Officer on Special Duty in the Health Ministry Rajesh Bhushan said 21 states and Union Territories have case positivity rate less than 10 per cent, while in four it is less than five per cent.
Bharat Biotech, Serum Institute, Zydus Cadila, Panacea Biotec, Indian Immunologicals, Mynvax and Biological E are among the domestic pharma firms working on the coronavirus vaccines in India.
With these states imposing lockdowns anew, the health ministry emphasised that the restrictions should be utilised to focus on containment, surveillance and testing in the containment and buffer zones as the key strategy for early detection of cases and fatality management.
'Because of a little out of sight, out of mind, I did end up losing out on good projects.'
Amid a spike in Covid-19 cases, the Centre on Monday reviewed with states and Union territories the preparedness for pandemic management and the progress of vaccination.
Easing restrictions, all private hospitals were on Tuesday allowed to give the vaccines if they adhere to the laid down norms, while the 9 am to 5 pm timing was also done away with.
The wave of deaths, one-third of which has come from the world's financial capital of New York and neighbouring New Jersey and Connecticut, has had a devastating impact on American economy which has now gone into recession with an unprecedented over 35 million losing their jobs in the last three months.
The minister emphasised the need for people to take precaution dose of COVID-19 vaccine amid a surge in COVID-19 cases in some parts of the world, especially in China.
Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.
The states were requested to take a stock of hospital preparedness such as availability of drugs and medical oxygen, vaccination coverage against COVID-19 and influenza.
The SME segment has been grappling with lack of liquidity and lacklustre institutional participation.
'If the government does its job of vaccinating all the population with the booster dose, and also monitoring the virus, and we do our job of wearing a mask and avoiding crowded places, we will be free of this virus in a few months.' time.'
The PM said there was a need to 'fight' rumours that the lockdown could be reimposed.
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