INDIA

Georgia legislature takes aim at attacks on Hinduism, passes resolution against Hinduphobia

2,994 fresh cases added to India's Covid tally

The number of active cases rose to 16,354. Active cases now comprise 0.04 per cent of the total infections in India.

Situation in Howrah's Kazipara area peaceful, prohibitory order still in force

Fresh incidents of stone pelting by locals on police was witnessed in the area on Friday afternoon following which prohibitory orders were imposed in the area and internet services were suspended. West Bengal Chief Minister Mamata Banerjee on Friday alleged that the BJP and other right-wing organisations were behind the violence in Howrah's Kazipara area during a procession on Ram Navami.

2008 Jaipur serial blasts case: Rajasthan govt to challenge acquittal of four men in Supreme Court

International

After indictment, Donald Trump raises over $4 million in 24 hours

According to the former president's campaign, over 25 per cent of donations came from first-time donors to the Trump Campaign, further solidifying his status as the clear frontrunner in the Republican primary. The grand jury on Thursday voted to indict Trump, a Republican, for his role in paying money to porn star Stormy Daniels in an attempt to buy her silence over an alleged affair.

Donald Trump's indictment ends decades of perceived invincibility

Former US President Donald Trump faces criminal charges in a New York courtroom, marking a significant moment in the democratic history of the US. He is expected to turn himself in on 2 November, with charges including at least one felony offence relating to hush money payments to women during his 2016 campaign. The indictment pierces the cloak of invisibility that seemed to follow Trump through his decades in business and in politics.

What's next following Trump indictment

Trump, who was indicted by a grand jury on Thursday, becoming the first US president ever to face criminal charges, will surrender at a Manhattan courthouse on Tuesday, his lawyers said.

What Indicting Donald Trump Means for America, Nicholas Almendares explains

Entertainment

Over 6 crore unique viewers tuned in for opening IPL match on JioCinema, says Viacom18

The company said that the JioCinema app registered over 2.5 crore downloads, a record for the most installed app in a single day.

India's money-spinning IPL razzmatazz is back home with rivalries and more business

IPL will be played in India after three years where spectators are allowed as well, who were a big miss in recent Covid-stricken years. The razzmatazz is crazy for the fans and the players, who along with support staff and franchisee members, will be travelling across the country over the next 52 days till May 28 playing a total of 74 matches. The money-spinner is also set to earn big bucks for franchises as sponsors pour in sackful of money.

Zee enters into a one-time settlement with Standard Chartered Bank for credit facility availed by Siti Networks

Zee Entertainment Enterprises Ltd (ZEEL) on Thursday said it has entered into a one-time settlement agreement with Standard Chartered Bank for the loan taken by Siti Networks, a part of the Essel Group.

Diverse content, new users to drive ad-based OTT business growth

"The biggest advantage that AVOD platforms enjoy over SVOD (subscription video-on-demand) is the sheer availability of content across genres for audiences criss-crossing all demographic segments on almost all devices," said LV Krishnan, CEO, TAM Media.

Teachnology

Better food, quick commerce, malnutrition-free India: decoding Zomato’s new recipe for growth

Zomato’s decision to exit 225 small cities earlier this year shows that the company is seeing signs of a slowdown in its core business of food delivery. Will diversification into quick commerce and B2B kitchen supplies help it maintain hyper growth?

Terrible trio: what the collapse of SVB, Silvergate, Signature Bank means for the crypto industry

India’s cryptocurrency and Web3 ecosystem is small and hence exposure to the US banks is limited. However, industry insiders believe that the sheer magnitude of the event could have a delayed impact on the industry including a pause in funding.

GitHub, with Microsoft and OpenAI, has big plans to change the way people write and build software

Mike Hanley, chief security officer and senior vice-president of engineering at code repository GitHub, discusses AI for developers, cybersecurity, two-factor authentication, his unique mix of designations, and more.

From IIMA into VC cauldron: how Naukri founder’s hiring of a fresh grad brought an edge to Info Edge

A decade ago, Sanjeev Bikhchandani recruited a fresh-out-of-college graduate as the first hire for his venture-investment business. Kitty Agarwal, in her early thirties, is now leading the USD370 million Info Edge Ventures and its portfolio of four dozen startups, including big bets like Zomato and Policy Bazaar.

Traveling

Recreate first date or karaoke together: Travel themes to express your love

Extend the spirit of Valentine's Day and celebrate it for days ahead.

ETPanache Travel Editor's note: Be a sustainable tourist, go vocal for local

India's tourism scene is ready to boom with fascinating local festivals.

Travel Tips:Daycations & spacations for love!

Travel enthusiasts need a reason to travel, especially to express love, ring in their birthday, and for friendly reunions. Check out trends that make every travellers' heart go fonder…

Top five spots where dining meets nature

Check out these five spots where the food syncs with the ambience so beautifully.

Small Biz

India, Malaysia can now trade in Indian rupee

India and Malaysia can now settle trade in Indian rupee (INR) in addition to other currencies, according to the Ministry of External Affairs. The decision follows Reserve Bank of India (RBI) approval last year for international trade settlements in INR. The move aims to support trade growth, with Kuala Lumpur's India International Bank of Malaysia having opened a Rupee Vostro account with India's Union Bank of India to facilitate the INR settlements.

Why India needs a new economic model to transform into a high-income country

Making India a developed nation by 2047 is our second freedom struggle, and we must unite and work hard to get freedom from being a lower-middle-income country to become a ‘Viksit Bharat.’

Developing new products? Why quality engineering matters

Quality engineering is required when firms companies plan to maintain the quality of their products.

South Korea’s export drop extends as global demand weakens

South Korea's exports are seen as a barometer of global trade as the country sells products including chips, refined oil etc.

Markets

Bill Ackman’s take on the SVB collapse and why 2% inflation is a pipedream

From speaking on the Adani-Hindenburg episode to being vocal about the need for protecting depositors post-the Silicon Valley Bank crash, Bill Ackman has put forth his views quite strongly. For him, saving depositors is also a prerequisite to prevent financial apocalypse. Will that be easy? Unfortunately, it’s a policy choice, much similar to the current high inflation scenario.

Derivatives are dual-edged sword, not tool to make quick buck: Lakshmi Iyer of Kotak Investment

Indian valuations are now closer to the fair zone, and China opening is good from a global perspective, says Lakshmi Iyer, CEO -- investment and strategy, Kotak Investment Advisors. In conversation with Ami Shah, she discusses how we are living in an era of hope and fear, and why one mustn’t treat their investments as social-media likes.

NSE calls off ‘do not exercise’ facility: why the move shouldn’t worry retail investors

Come March 30 and the DNE facility for stock options will be withdrawn. This means, if clients fail to square off their position before expiry, they will have to exercise buy/sell of stocks that are in the money. Unlike index options, stock options are required to be settled with physical delivery of shares. Will the move impact retail segment?

Finance Bill 2023 takes the sheen off debt funds. Will bank FDs become more lucrative?

As per the Finance Bill 2023, debt funds held over three years will no longer enjoy indexation benefits and the LTCG will go away. The amendment spells bad news for the MF industry as debt funds are one of the means to garner AUMs. However, experts believe the move brings debt funds on par with traditional debt instruments.

Automibile

Deadline extended for mandatory testing of vehicles through Automated Testing Stations

“It has now been decided that mandatory testing through ATS for fitness certificates, of these categories of vehicles, will be applicable from October 1, 2024,” an official statement said adding that this relaxation is in light of present status of readiness of the ATS across the country.

Citroen begins exports from Kamarajar Port Ltd

In February, Citroen, which is a part of Stellantis Group, inked a pact with Kamarajar Port, which is located 24 km north of Chennai Port in the city, for shipping out vehicles to the overseas market.

Ola preparing for world without any subsidies: Bhavish Aggarwal

In an interview to ET, Aggarwal said Ola's electric two-wheeler business, which commenced commercial operations in 2021, is ebitda (earnings before interest, tax, depreciation and amortisation) positive. "We have scaled the fastest, and we have gotten to profitability the fastest," he said.

Healthy growth in the Indian commercial vehicle market to continue: Apollo Tyres chief

Sales of passenger vehicles in the domestic market increased 29.5% to 3.46 million units in the first 11 months of FY23. Commercial vehicle sales, meanwhile, grew 46% to over 683,000 units in the first nine months of the fiscal year, as per the Society of Indian Automobile Manufacturers.

Asnlive Headlines

Sports

Gender equality: Coming to a Formula One racing team soon?

The 17-year-old Bourne, who was wearing a clear plastic poncho over a Red Bull sweater on a wintry day at Albert Park, is a massive fan of Australian Formula One driver Daniel Ricciardo, who is sitting out this season.[Read More]

Jannick Sinner stuns top-ranked Carlos Alcaraz in Miami Open semifinals

Jannick Sinner defeated top-ranked Carlos Alcaraz 6-7 (5), 6-4, 6-2 in the Miami Open semifinals, ending Alcaraz's 10-match winning streak. Sinner will face Russia's Daniil Medvedev in the final, who has won all of their five meetings. Alcaraz was suffering from cramps and an apparent finger injury in the third set, after his dominant performance in the first, winning the set on a tiebreaker. [Read More]

IPL 2023: Gill, Rashid lead Gujarat Titans to victory in season opener, Gaikwad’s 92 goes in vain

Shubman Gill was the top scorer for the Titans, scoring a 36-ball 63. Earlier, Gaikwad smashed nine sixes even though wickets fell at regular interval at the other end. For the Titans, spinner Rashid Khan (2/26) and pacers Mohammed Shami (2/29) and Alzarri Joseph (2/33) picked two wickets each.[Read More]

Gaikwad special takes Chennai Super Kings to 178/7 in opening IPL game

Chennai Super Kings put up a challenging total of 178 for 7 against defending champions Gujarat Titans in the IPL opener. Opener Ruturaj Gaikwad was the top scorer with 92 off 50 balls, including nine sixes. Moeen Ali contributed a 17-ball 23. Titans bowler Rashid Khan claimed two wickets in his spell. Despite wickets falling, Gaikwad continued to hit boundaries and welcomed bowler Alzarri Joseph with three consecutive sixes. [Read More]

Defence

Russia-Ukraine war: Will there be a spring counteroffensive?

With no suggestion of a negotiated end to the 13 months of fighting between Russia and Ukraine, the Ukrainian defense minister said last week that a spring counteroffensive could begin as soon as April.[Read More]

BSF firing pushes back suspected Pak drone spotted along IB in Jammu

Official sources said over two dozen rounds were fired by the BSF in Arnia sector to bring down the suspected drone but it managed to return to the Pakistani side. A vast area was cordoned off by the BSF and a search operation was underway when the last reports were received, they said.[Read More]

Cochin Shipyard to build Next Generation Missile Vessels for Indian Navy

Cochin Shipyard has secured a Rs 9,805 crore ($1.4bn) contract to build six Next Generation Missile Vessels (NGMV) for the Indian Navy, with delivery of the vessels commencing from March 2027. The heavily armed war vessels will incorporate stealth, high speed and the capability to conduct maritime strike and anti-surface warfare operations.[Read More]

India exported military hardware worth Rs 15,920 crore in 2022-23: Rajnath Singh

India exported military hardware worth Rs 8,434 crore in 2020-21, Rs 9,115 crore in 2019-20, and Rs 10,745 crore in 2018-19, according to details provided by Singh. The amount in 2017-18 was Rs 4,682 crore and Rs 1,521 crore in 2016-17.[Read More]
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