Month: October 2021

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October 13 News Updates: Air India Unions raise concerns about cash, leave, medical benefits, accommodation of employees & arrears

!1 New UpdateClick here for latest updates

Wrap Up: All you need to know

  • Wipro Q2 consolidated profit rises by 17{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to Rs 2,930.6 cr, revenue up at Rs 19,667.4 cr
  • Infosys Q2 net profit up 11.9 pc at Rs 5,421 crore; revenue rises 20.5 pc to Rs 29,602 crore: Co filing
  • Govt scraps basic customs duty on crude varieties of palm, soyabean and sunflower oil till March 31; also cuts agri cess
  • Govt withdraws travel advisory that added COVID-19 related additional checks, restrictions on those arriving from the UK
  • Shardul Thakur replaces all-rounder Axar Patel in India’s main squad for T20 World Cup. Patel placed in list of stand-by players: BCCI
  • Kolkata Knight Riders beat Delhi Capitals by 3 wickets in second IPL qualifier, set up title clash with Chennai Super Kings
  • Cumulative COVID-19 vaccine doses administered in India has crossed 96 crore with more than 32 lakh jabs administered today
  • All colleges and universities in Maharashtra can conduct physical classes from October 20
  • Delhi records 31 fresh COVID-19 cases, zero death; positivity rate at 0.05 per cent: Health bulletin

Deity at Sri Kanyaka Parameswari Temple decorated with gold

IBM in talks with states to expand ‘SkillBuild’ initiative in India

IT company IBM on Wednesday said it is in talks with several states in India to expand its ‘SkillsBuild’ initiative.

Government of Puducherry declares holidays on October 15 and 16 for govt, govt-aided and private schools on account of Vijayadasami in the UT and Karaikal regions.

IPL2021, Qualifier 2: Kolkata Knight Riders (136/7) beat Delhi Capitals (135/5) by three wickets, to face Chennai Super Kings in the final

36 IPS, 14 PPS officers transferred in Punjab

Mexico tells WHO to act without “ideology” on certifying COVID-19 vaccines

Mortal remains of Sepoy Vaisakh H reaches Thiruvananthapuram

Union Housing and Urban Affairs Ministry says 1,183 of 1,224 pressure swing adsorption (PSA) oxygen generation plants being funded by PM Cares Fund have been commissioned across country so far

Air India Unions have demanded that employees should be allowed to stay in airline flats till monetization or at least for a year as Tatas are giving a one-year employment guarantee

Air India Unions in a joint letter to Secretary, Ministry of Civil Aviation raise concerns about cash, leave, medical benefits, accommodation of employees & arrears

Ghaziabad: Many people feared injured after a bus falls from Bhatia Modh flyover; Police present at the spot, rescue operation underway

Israel FM Lapid, with Blinken at his side, says his country ‘reserves right’ to use force on Iran

Power System Operation Corporation Limited (POSOCO) has reported that the total capacity of units under outage due to low coal stocks has reduced from 11 GW on 12th October to 6 GW on 13th October: Ministry of Power

BJP leaders in Madhya Pradesh’s Indore send air tickets to Congress leaders Priyanka Gandhi Vadra and Rahul Gandhi, ask them to visit their party-ruled Rajasthan, where atrocities have been allegedly committed on Dalits

National Commission for Schedules Castes chairman Vijay Sampla directs officials to take swift action against those who thrashed a Dalit man to death in Rajasthan’s Hanumangarh district

Blue Origin capsule lands on Earth after space flight with Star Trek’s Shatner

Telangana logs 184 cases, 1 death; 2 Cr people have got first dose of vaccine

Letter from Delhi Police received with names of 32 jail officials found prima facie complicit in the Unitech matter

Out of 32 personnel, 30 regular employees suspended & 2 contractural employees terminated: Prison officials

Former Prime Minister Dr. Manmohan Singh admitted to All India Institute of Medical Sciences, Delhi for evaluation of fever; his condition is stable: AIIMS officials

India’s COVID-19 vaccination coverage crosses 96.78 crore with more than 32 lakh vaccine doses have been administered till 7 pm today: Government of India

Priyank Kanoongo re-appointed as chairperson of the National Commission for Protection of Child Rights for a period of three years

Former BJP MP Kirit Somaiya claims searches conducted by Income Tax officials on premises linked to family members of Maharashtra Deputy CM Ajit Pawar are ‘biggest’ such raids in India

The maximum demand of Delhi was 4707 MW (peak) and 101.5 MU (Energy) on 12 Oct. As per the information received from Delhi DISCOMs, there was no outage on account of power shortage, as the required amount of power was supplied to them

– Ministry of Power

India’s COVID-19 vaccination will cross landmark of 100 crore vaccine doses in a few days; country will produce over 28 crore doses in October

– Union Health Minister Mansukh Mandaviya

Chief Minister Pushkar Singh Dhami has said that on death due to COVID19, the state government will give a compensation of Rs 50,000 to the kin of the deceased: Uttarakhand Chief Minister’s Office

“Unsung Heroes of Odisha”

Tamil Nadu reports 1,280 new COVID19 cases, 19 deaths and 1,453 recoveries in the last 24 hours

active cases 15,650

COVID19: Himachal Pradesh reported 139 new cases, 68 recoveries and one death during the past 24 hours

Former Maharashtra home minister Anil Deshmukh tells Bombay HC that ED initiated proceedings against him in alleged money laundering case based on claims made by those people who themselves are accused of “heinous offences such as murder and extortion”

4 held with 66 grams of heroin in separate incidents in J-K’s Kathua

Former PM Manmohan Singh admitted to AIIMS with fever and weakness

Media Reports

At least 108 Yemen rebels dead in strikes south of Marib: Saudi-led coalition

National Investigation Agency (NIA) has arrested five more terror operatives in J&K terrorism conspiracy case during raids at two places in Srinagar earlier today: NIA

‘Samajwadi Vijay Yatra’ reaches Kanpur

President appoints the 14 advocates and judicial officers as judges of the Telangana High Court, Orissa HC and Kerala HC

Mumbai reports 481 new cases, 3 deaths and 461 recoveries in last 24 hours

COVID-19: Delhi reports 31 new cases, 58 recoveries and zero deaths in the last 24 hours; active cases 338

US consumer prices rose 5.4 percent annually in September: govt

COVID-19; 357 new positive cases, 438 recoveries and 10 deaths have been reported in Karnataka, today

Active cases 9621 and total positive cases 29,82,089

Lakhimpur Kheri violence case: Ankit Das sent to judicial custody till 22nd October

COVID19: 11,079 new cases, 123 deaths and 9,972 recoveries reported in Kerala today

Active caseload stands at 97,630

Chief of Army Staff General MM Naravane in Sri Lanka

Colleges in Maharashtra to re-open from October 20, reported ToI quoting Higher and technical education Minister Uday Samant.

NCB says it has spoken to MEA for identification of foreign nationals allegedly involved in the VIP drug bust case

Reports TIMES NOW

Cruise ship raid case: A Mumbai Court adjourns hearing for tomorrow on bail applications of Aryan Khan, Arbaaz Merchant and Munmun Dhamecha

President Ram Nath Kovind will visit Ladakh and Jammu & Kashmir on Oct 14 & 15

The coal target which was given to us by Power Ministry was 1.9 million tonnes/day & after 20th it was 2 million tonnes/day. Today, we’ve supplied 2 million tonnes of coal. I can assure that there’ll be no shortage of coal for electricity production

– Union Coal Min Pralhad Joshi

An earthquake measuring 3.4 on the Richter scale occurred at East Kameng, Arunachal Pradesh at 1610 hours: National Center for Seismology (NCS)

Putin says ‘very important’ to ‘stabilise’ gas market

Shardul Thakur added to India’s main T20 World Cup squad

All-rounder Axar Patel, who was part of the 15-member squad will now be on the list of stand-by players: BCCI

India was one of 1st countries recognising Armenia’s independence & established diplomatic ties. Today, we did comprehensive review of our bilateral relations & discussed regional & multilateral issues. We agreed on road map for future cooperation

– EAM Dr S Jaishankar in Armenia

Rajnath Singh to address SCO webinar on Role of Women in Armed Forces

Session on ‘Historical Perspective of Women’s Roles in Combat Operations’ will be chaired by Dy Chief of IDS (Medical) Lt General Madhuri Kanitkar

Gold gains Rs 63; silver jumps Rs 371

Gold in the national capital on Wednesday rose Rs 63 to Rs 46,329 per 10 grams amid rally in international precious metal prices, according to HDFC Securities. Silver also jumped Rs 371 to Rs 60,788 per kg, from Rs 60,417 per kg in the previous trade.

Infosys Q2 net profit up 11.9 pc at Rs 5,421 crore; revenue rises 20.5 pc to Rs 29,602 crore: Co filing

Maharashtra Cabinet announces a package of Rs 10,000 cr to the farmers affected by heavy rains and floods

Rs 10,000/hectare assistance for agriculture, Rs 15,000/hectare for horticulture& Rs 25,000/hectare for perennial crops; aid to be provided up to a limit of 2 hectares land.

Mindtree Q2 PAT at Rs 398.9 cr vs Rs 343.4 cr QoQ

Infosys board approves dividend of Rs 15/share

Reports ET NOW

Wipro Q2 consolidated profit rises by 17{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to Rs 2,930.6 cr, revenue up at Rs 19,667.4 cr

It’s good that Devendra Fadnavis still considers himself as CM. I congratulate him. After being CM for five years, Fadnavis still feels he is holding the post. I lacked this trait. I had served as CM (of Maharashtra) four times. But I don’t even remember

– NCP chief Sharad Pawar

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Is there truly no COVID-19 in Turkmenistan? Experts weigh in

Turkmen women wearing traditional dress demonstrate how to fumigate a house with the smoke of burning wild rue (known locally as yuzerlik) in Ashgabat on December 11, 2020. – In tightly-controlled Turkmenistan, which still insists it has no virus cases, the pandemic has led to a boom in a herb whose Turkmen name translates as “medicine for a hundred illnesses”. Wild rue — known locally as yuzerlik — has for millennia been popular in North Africa, the Middle East and Central Asia as a panacea for sickness and ill fortune. But in Turkmenistan strongman leader and ex-dentist Gurbanguly Berdymukhamedov has gone a step further. In March he ordered wild rue burning on a “systematic level”, trumpeting the bacteria and infection-killing qualities of its faintly intoxicating smoke. (Photo by Igor SASIN / AFP) (Photo by IGOR SASIN/AFP via Getty Images)Share on Pinterest
Turkmen women wearing traditional dress demonstrate how to fumigate a house with the smoke of burning wild rue, known locally as yuzerlik, in Ashgabat on December 11, 2020. In Turkmenistan, the pandemic has led to a boom in an herb whose Turkmen name translates as ‘medicine for a hundred illnesses.’ (Photo by IGOR SASIN/AFP via Getty Images)
  • COVID-19 has been present in nearly every country in the world.
  • However, the Turkmenistan government claims that there have been no cases or deaths there. The World Health Organization (WHO) has repeated these claims.
  • Experts argue that the WHO needs to do more to investigate the situation.

Since its emergence toward the end of 2019, SARS-CoV-2 has spread around the world. Cases of COVID-19, which is the disease that SARS-CoV-2 causes, have officially been reported in almost every country — as have deaths to the disease. To date, there have been more than 4.8 million confirmed deaths globally.

A small number of countries have reported no cases or deaths. One of these countries is Turkmenistan. The WHO’s official statistics reflect the statistics provided by the country’s government.

However, reports from the country suggest that Turkmenistan has not miraculously escaped the effects of the pandemic. Like the countries it shares a border with, such as Iran and Afghanistan, it has experienced waves of infection — despite the government denying this.

Stay informed with live updates on the current COVID-19 outbreak and visit our coronavirus hub for more advice on prevention and treatment.

Speaking with Medical News Today, Prof. Luca Anceschi — a professor of Eurasian Studies at the University of Glasgow in the United Kingdom and an expert on Central Asia — said that like in North Korea, the authoritarian government was attempting to uphold an image of ushering in a golden age for the country.

For the government, a global pandemic does not fit into this picture, so it denies it.

“Turkmenistan and North Korea are similar in the sense of being very authoritarian regimes, run by people who have a very eccentric approach,” said Prof. Anceschi. “They are also extremely isolated states, using their borders as a control mechanism to stop the access of new ideas that could be destabilizing.”

“Like North Korea, in Turkmenistan, the government has control over the media, and on top of that, there is a particular narrative that the government has been putting out for the last 15 or 20 years about Turkmenistan living in this golden age, and the golden age is there because the government brought it with it.”

“That makes the eruption of a pandemic impossible […] because it would challenge this narrative. We have seen the same with [HIV] and [AIDS], which is another illness [that] was never publicly acknowledged in Turkmenistan. It is characteristic of this regime to hide these kinds of situations,” said Prof. Anceschi.

This analysis was also backed up by Dr. Jason Klocek, an assistant professor in politics and international relations at the University of Nottingham in the U.K. and an expert on state repression. Dr. Klocek has also lived in Turkmenistan for 2 years.

Dr. Klocek told MNT that, “[i]n many ways, the Turkmenistan government’s denial of COVID-19 cases is in line with long standing policy.”

“For more than a decade, the government has also claimed there are no people living with [HIV or AIDS] in the country. And a series of outbreaks, including the bubonic plague, were reported by civil society organizations in the early 2000s but denied by government officials.”

“Add to this the fact that the current president, Gurbanguly Berdimuahamedow, has used the image of a healthy nation — coupled with his previous dentistry career — to bolster his legitimacy. Admitting there is a COVID-19 outbreak could undermine that authority,” said Dr. Klocek.

According to Prof. Anceschi, the Turkmenistan government’s denial of COVID-19 in the country has created difficult conditions for people living there.

“It has been very difficult [for people living in the country] because Turkmenistan has had waves of infection, even last year.”

“Turkmenistan shares a border with Iran, which at one point was very significantly hit [by COVID-19], and with Afghanistan, which also has some problems. And, in general terms, all of Central Asia has infection rates as high as everywhere.”

“What is very difficult is the fact that there has been no considered effort to recognize this pandemic, which means no international cooperation. If public health is a human right, which it is, then that’s a lot of human rights violation that the government has perpetrated.”

“So, what can you do? The government at the beginning was saying that [COVID-19] doesn’t exist, and then it said it does exist but we have things like natural cures, and then, of course, people were dying.”

“What is incredible is [that the government’s messaging] is very dissonant: On the one hand, you have the fact that the government does not accept the fact that there is a pandemic, and then on the other, you start to see guidance for use of masks, hand-washing, and compulsory vaccination. So, the idea is that they don’t acknowledge the virus, but it is there.”

– Prof. Luca Anceschi

For Dr. Klocek, a key issue is the limited access to the country that makes getting detailed information on the COVID-19 situation difficult.

“The number of infections and the scale of their consequences are difficult to assess from outside the country,” said Dr. Klocek.

“Reports from civil society groups both within and outside the country suggest that the number of infections remains high and [that] hospitals are currently overwhelmed with COVID-19 patients. Individual reports of [citizens with the infection] are starting to surface via various media outlets.”

“The Turkmenistan government has also recently imposed additional travel restrictions in areas of the country where a high number of people are exhibiting COVID-19 symptoms.”

“Sadly, and similar to past outbreaks in the country, the extent of those suffering on the ground may not be known until it is too late to act,” added Dr. Klocek.

For Dr. Klocek, there has been too little focus on the situation in Turkmenistan from the international community.

“The international community has been largely silent [regarding the government’s claims]. There was a brief uptick in interest during the summer of 2020, when the WHO sent an observation team. But the visit was highly scripted, and the team could not confirm the presence of COVID-19 in the country.”

“[The team] did, however, express concern about ‘increased cases of acute respiratory disease or pneumonia of unknown cause’ and advised the country to carry out measures ‘as if there is coronavirus in the country.’”

“A Turkish diplomat also died of an illness with coronavirus-like symptoms in July 2020, but Turkish authorities remained silent on the matter, including the Turkmenistan government’s refusal to let the diplomat return to Turkey for treatment.”

“Since the summer of 2020, relatively little attention [had been] paid to the situation in Turkmenistan until the WHO’s regional director for Europe, [Dr.] Hans Kluge, traveled to Ashgabat this month.”

“A number of civil society organizations have tried to use the recent visit to put pressure on the WHO to make a formal statement about the situation in Turkmenistan. They are still waiting for a reply,” noted Dr. Klocek.

Prof. Anceschi said that the WHO had a responsibility to not simply repeat the government’s claims that there have been no cases of COVID-19 or related deaths.

“The WHO is as guilty as the regime. I understand that we live in the real world and you need to maintain access to a regime as intractable as Turkmenistan. However, as the WHO, you can’t just pretend that nothing is happening. Being cooperative with the regime means no one is safe.”

“The thing that is surprising is the totally pro-government line we got from the WHO. I tried to contact the WHO. They never replied. Other colleagues have had the same experience.”

“As I understand, in prior epidemic contexts — the avian flu or SARS-CoV-1 — [the WHO] would get back to you within 1 hour. They have been totally uncooperative with disseminating the truth.”

“The problem is that when you create a context in which this information [is] false, you have a further disservice: On top of not providing access to human rights in terms of public health, you also disseminate fake news. And [the WHO is] guilty of this. No one believes that Turkmenistan does not have COVID-19.”

“Now […] the government is making vaccination compulsory [and] running a campaign about washing your hands — what more do the WHO need to say there is a problem in Turkmenistan?”

“This consistent policy of sticking to the government line when the government is corrupt and has a tradition for disseminating fake data — I don’t understand why the WHO keeps being like this. It’s a very big credibility hit,” argued Prof. Anceschi.

On October 8, 2021, the government of Turkmenistan hosted an international forum on infectious disease control and health diplomacy. In it, the WHO’s Dr. Kluge said:

“The COVID-19 pandemic has shown unequivocally the fundamental importance of health for worldwide prosperity and security. There is a demonstrable need to rethink global governance structures, the relationship between the private and public sectors, and the values upon which our nations and societies operate.”

Dr. Kluge also stressed the importance of transparent communication, met with Turkmenistan government officials, and introduced the new WHO representative to Turkmenistan, Dr. Egor Zaitsev, to national officials. According to the WHO’s official page, the meeting explored further opportunities to strengthen the collaboration between the WHO and Turkmenistan.

For live updates on the latest developments regarding the novel coronavirus and COVID-19, click here.

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Sweatpants forever? Why the ‘athleisure’ fashion trend may outlast the pandemic

Your sweatpant size is not the only point ballooning in this pandemic — the variety of suppliers promoting trend-ahead comfort clothing is growing like an elasticated waistband.

When thousands and thousands of business-dwellers moved en masse to function from home in the early times of the pandemic, it sparked a change in trend developments, too, considering the fact that men and women no for a longer time wanted the exact outfits for the exact activities they were being applied to.

Adult men who generally wore the vintage suit and tie to the business office observed by themselves placing those Oxford shirts and a few-parts to the back again of the closet, and grabbing one thing considerably less staid for their phalanx of Zoom conferences.

And girls who’d commonly costume to impress with a shirt and slacks or pencil skirt were now donning something more cozy although on the job.

That compelled clothes vendors to improve what they do, way too.

Apparel income overall fell in Canada in 2020, but have come roaring back by 20 per cent so significantly this yr, according to Tamara Szames, an sector adviser to vogue and retail with the research agency NPD Group.

View | Why do the job-from-home apparel could be below to stay:

Stores consider staples of function-from-household wardrobes are right here to continue to be

The shift of millions of men and women to work from their properties sparked a improve in vogue toward consolation — especially sweatpants and ‘athleisure’ put on. But even as Canadians return to the place of work, merchants are acquiring these pandemic staples are sticking around. 2:04

“It really is athleisure and individuals ease and comfort classes that are major the way,” she mentioned in an job interview, utilizing the field portmanteau for clothing built for the two athletic activity and every day daily life. 

Two a long time back, these types of “energetic” apparel designed up about 25 per cent of the apparel that Canadians ended up buying. Now it can be far more than one-third — and profits are increasing two times as fast as other kinds of apparel, claimed Szames.

No wonder merchants are attempting to income in on the craze. Denim pioneer Levi Strauss declared earlier this thirty day period that it will invest in the Over and above Yoga brand name for an undisclosed sum, citing the want to “diversify its business enterprise” further than their legendary jeans.

The Gap, together with its flanker manufacturers Old Navy and Banana Republic, is also reinventing alone on the fly, closing shops and beefing up its on the web operation.

That is a unpleasant transition that has noticed the ubiquitous retail chain shut down more than 200 Hole suppliers in North The usa since 2019. But it also now has virtually that lots of physical outlets of its athleisure brand name, Athleta.

Retail analyst Tamara Szames states product sales growth in the athleisure group is outpacing just about each and every other variety of clothes. (Jacqueline Hansen/CBC)

Athleta is opening two new flagship Canadian stores — in Toronto and Vancouver — due to the fact they are self-assured that the athleisure pattern has being electrical power.

“We know the Canadian client is super active … she’s hiking, she’s swimming, and our effectiveness life style merchandise provides the skill for her to do all of all those activities in genuinely comfy activewear with general performance traits,” said Jennifer Steichen, the chain’s North The united states vice-president for stores and operations.

With 199 outlets now, Steicher said the business expects the athleisure group to double by 2023.

Athleta is focusing on men and women wanting to be classy and at ease even though remaining active — not automatically people sitting down in their household offices all day.

And though the corporation is banking on the fact the sweatpant pattern is listed here to keep, that will not indicate schlubby is in.

Far from it.

Michelle Watson is the founder and imaginative director of Michi, an ethically designed apparel label that describes by itself as a maker of  “energetic life style garments that combines significant overall performance and large vogue.”

She dreamed up the thought for relaxed, nicely-produced and stylish exercise session gear while living in New York a lot more than a ten years ago. Soon after some beneficial early evaluations for her handmade prototypes, she took the organization again to her homeland of Canada in 2012 to check out to develop.

Now, her dresses are offered in retailers about the planet, including major section stores like The Bay, Holt Renfrew and Selfridges.

The iconic Hole purchasing bag may perhaps be on the decrease, but the company’s yoga-concentrated model Athleta is quickly growing, like into Canada, with two flagship shops opening this fall in Toronto and Vancouver. (Justin Sullivan/Getty Illustrations or photos)

While the pandemic built matters tougher in lots of approaches, Watson reported it served in other methods by fuelling present developments toward far more online procuring, and a need for extra adaptable and comfortable clothing.

“I constantly believed in producing goods that can be worn in the fitness center for your most extreme routines, but also included into your typical wardrobe,” she said. “I have been sporting the products to get the job done each single day, operating definitely extensive hours, and I cannot go back to just about anything else.”

She’s not by yourself.

At Yorkdale Mall in Toronto, the place Athleta is poised to open up coming thirty day period, shopper Sarah Mohavir reported relaxed dresses have turn out to be her “go to” while functioning from property in the pandemic.

“I never even know if I could go again to wearing gown trousers,” she joked.

Style is normally reinventing itself, and Szames said the new buyer force to need convenience and design in business wear is just an extension of what arrived earlier.

“We observed the pattern commence with folks carrying Lululemons to the grocery retail store or on the weekend — and that seriously progressed and trickled into our day to day wardrobe,” she reported. 

“Now we’re seeing more athleisure go into a different segment of the market place and we are starting off to see it move into going out and even do the job wear,” she stated.

Wherever the drive for trendy ease and comfort goes up coming, Watson calls it an concept whose time has arrive.

“Ease and comfort is a motion … not a pattern,” she quips. “It is really below to stay.”

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Today’s top economy and business news: WPI inflation eases; Sensex at a new high; IEA on energy crisis and more

 

Evening wrap:

The worsening gobal energy crisis could boost oil demand by half a million barrels per day (bpd), the International Energy Agency. This could push inflation up and slow the world’s recovery from the COVID-19 pandemic, the agency noted.

In other developments, China’s factory-gate inflation rose to a record on soaring commodity prices. The country’s producer price index (PPI) rose 10.7{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} from a year earlier in September, the National Bureau of Statistics (NBS) said on Thursday, the biggest rise since the bureau started compiling the data in 1996. – John Xavier 

For other top business, economy and market updates, pls read our blog

4:45 P.M.

Rupee closes at 75.26 against US dollar

The rupee appreciated 11 paise to close at 75.26 (provisional) against the US dollar, posting gains for a second straight day. 

The domestic unit rose on heavy buying in domestic equities and weakness in the greenback strengthened investor sentiment while surging crude prices in the international market restricted the rupee’s gain. 

The local unit opened strong at 75.27 against the greenback, before closing at 75.26 against the American currency, a rise of 11 paise over its previous close.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, dipped 0.28{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to 93.81.

4:30 P.M.

China’s coal prices near record high

 China coal prices held near record high after cold-weather prompted power plants to stock up on fuel to ease an energy crunch.

China has been grappling with a widening power crisis due to a shortage of coal, record-high fuel prices and booming post-pandemic demand.  

Soaring energy prices sent producer prices to their highest in at least 25 years in September, rising 10.7{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} from a year earlier, and cold winter weather is likely to worsen the situation.

Beijing has ramped up efforts to contain coal price rises. Some of it includes raising domestic coal output, rationing of power at factories and assuring energy supplies will be secured for the winter heating season.

4:00 P.M.

Sensex soars to a new high

Equity benchmark Sensex rallied 569 points to close at a new high amid positive macro cues and upbeat global markets. The sense rose 0.94{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to close above 61,000 for the first time at 61,305.95.

The Nifty also surged 0.97{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to a new lifetime closing high of 18,338.55.

ITC was the top gainer in the Sensex pack, followed by HDFC Bank, and PowerGrid while TCS, HCL Tech, and Bajaj Finance were among the laggards.

The Indian market stayed in green due to the upbeat global market and favourable inflation data. 

The wholesale price-based inflation eased to 10.66{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in September, and retail inflation in September too slowed to a five-month low of 4.4{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} on moderating food prices.

In Asia, Seoul and Tokyo ended with strong gains, while Shanghai was in the red. Stock exchanges in Europe were trading on a positive note in mid-session deals.

3:30 P.M.

Passenger vehicle sales drop  

Passenger vehicle wholesales in India fell 41{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} year-on-year in September as the semiconductor shortage hit production of automobiles.

Passenger vehicle sales last month stood at 1,60,070 units compared with 2,72,027 units in the same month a year ago. 

According to the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers plunged 17{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to 15,28,472 units, compared to 18,49,546 in September 2020.

While demand for automobiles is picking up, the semiconductor chip shortage has been a major concern for the industry. During the festive season when sales usually peak, customers have to wait for a long time on popular models of some segments. 

3:00 P.M.

Energy crisis could threaten global economic recovery: IEA

The global energy crunch could boost oil demand by half a million barrels per day (bpd), fuelling inflation and slowing the world’s recovery from the COVID-19 pandemic, the International Energy Agency (IEA) said. 

Oil and natural gas prices have skyrocketed to multi-year highs recently, leading to record power prices across the world. 

“Record coal and gas prices as well as rolling blackouts are prompting the power sector and energy-intensive industries to turn to oil to keep the lights on and operations humming,” the IEA said in its monthly oil report.

Due to an increased demand for oil,  global oil demand next year is now projected to recover to pre-pandemic levels. 

2:15 P.M.

Govt approves proposals for telecom PLI scheme

The Department of Telecom approved 31 proposals of companies including Nokia India, HFCL, and Foxconn requiring an investment of  ₹3,345 crores over the next four and a half years.

The other firms selected for the PLI scheme are HFCL, Flextronics, Coral Telecom, VVDN Technologies, Akashastha Technologies, and GS India.

With the scheme for telecom gear manufacturing, the government aims to encourage the production of equipment worth ₹2.44 lakh crore and create direct and indirect employment for about 40,000 people.

1:30 P.M.

Oracle opens Israel cloud centre to withstand rocket attacks

Oracle opened a public cloud centre in Israel to let firms and Israeli people store their data on local servers rather than relying on other countries. 

The underground data centre, which is the first of two planned public cloud centres in the country is built below one of Jerusalem’s technology parks. 

The nine floors centre, estimated to have cost hundreds of millions of dollars, is designed to work even during the potential terror.  The company claims it can withstand a rocket direct, a missile direct hit or even a car bomb.

1:00 P.M.

WPI inflation eases to 10.66{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in September

The wholesale price-based inflation eased to 10.66{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in September on moderating food prices despite a rise in prices of crude petroleum. It stood at 11.38{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in August.

Inflation in food articles eased for the fifth straight month, recording 4.69{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in September from 1.29{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in August, primarily on low vegetable prices. Pulses prices continued to spike at 9.42{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.

Retail inflation in September eased to a five-month low of 4.35{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} on moderating food prices.

12:30 P.M.

EU rules will raise cybercrime risks: Apple 

Apple said EU’s draft rules that will allow users to install software from outside its App Store would boost cybersecurity risk.

On the contrary, the Coalition for App Fairness, which includes Spotify, Match Group and Epic Games, argued that built-in security measures such as encrypted data and antivirus programmes provide security to devices, and not its App Store. 

The group wants regulators to loosen Apple’s grip on its App Store so they can bypass it to reach Apple’s hundreds of millions of users and also to avoid paying commissions of up to 30{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} for purchases made in the Store.

11:30 A.M.

Rupee rises against US dollar

The Indian rupee rose 12 paise to 75.25 against the US dollar in opening trade on heavy buying in domestic equities and fresh foreign fund inflows. 

At the interbank foreign exchange, the domestic unit opened strong at 75.27 against the US dollar before gaining further to 75.25, a 12 paise rise against the previous close.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, slipped 0.03{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to 94.05.

10:45 A.M.

U.S. Federal Reserve to reduce bond purchases

According to the minutes of the September 21-22 Fed meeting, the U.S. central bank would scale back its bond-buying programme, and conclude its $120 billion asset purchases by the middle of next year. 

Policymakers discussed cutting the Fed’s purchases of Treasuries by $10 billion a month and those of mortgage-backed securities by $5 billion a month. However several participants preferred a faster reduction.

If a decision to begin tapering is agreed upon in the Fed’s next policy meeting scheduled at  November 2-3,  the process could begin by the middle of that month or mid-December.

10:00 A.M.

Infosys, Wipro announce Q2 results

Infosys reported a 12{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} rise in its second-quarter net profit on growth across verticals and geographies, strong revenue contribution from the Daimler deal, and higher adoption of digital transformation.

The net profit of India’s second-largest IT service company stood at ₹5,421 crore as compared with ₹4,845 crore in the same quarter a year ago.

Infosys also raised its annual revenue outlook due to an increased demand for its software services from global businesses. 

Wipro posted a 17{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} jump in consolidated net profit for the quarter ended September 30. The net profit rose to ₹2,930.6 crore as compared with ₹2,484.4 crore in the same period a year ago.

Consolidated revenue of Wipro increased by about 30{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to ₹9,667.4 crore during the quarter compared to ₹15,114.5 crore it registered in the corresponding quarter of 2020-21.

Wipro said it is in position to hire 25,000 people in the next financial year and is also resuming work back from office in a staggered manner starting with fully vaccinated senior colleagues in India.

9:30 A.M.

Asian markets open | Sensex update

India’s benchmark equity indices opened at fresh record high. At 9:17 IST, the benchmark index rose 388.11 points to 61125.16 and the Nifty surged 117.70 points or 0.65{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} to 18279.50.

Most Asian markets rose as investors anticipated that inflation will push rate hikes around the world.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} while Japan’s Nikkei surged 1{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}. Overnight on Wall Street the S&P 500 rose 0.3{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} and in early Asia trade S&P 500 futures were also up 0.3{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.

The minutes from last month’s Federal Reserve meeting showed policymakers’ growing concern about inflation and a general agreement to start tapering asset purchases soon.

Morning note:

Investment activity in India rebounded in the September ending quarter, but growth was not spread across all sectors or states. Gujarat secured the highest amount of fresh investment commitments among the top 5 states, which included Maharashtra, Telangana, Karnataka and Odisha. Manufacturing led the pack among industries, and irrigation and infrastructure lagged.

Coal crisis hit the country’s Aluminium sector as the industry demanded immediate resumption of supplies from Coal India for its survival.

In other developments, the U.S. Federal Reserve released minutes of its September 21-22 meeting, which revealed the Fed plans to scale back its bond buying programme next month. In China, the Evergrande crisis sapped investors appetite for Chinese dollar bond. – John Xavier

Follow our live blog for more on business, economy and markets

 

—-  Edited by John Xavier

 

(With inputs from Reuters, PTI and other news agencies.)

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What channel is Buccaneers vs. Eagles on today? Schedule, time for NFL ‘Thursday Night Football’ in Week 6

The channel for “Thursday Evening Football” will remain reliable for the rest of the 2021 NFL period. Viewers will have a lot of means that they can enjoy game titles in Week 6 and over and above, as multiple channels will broadcast Thursday night game titles.

From Weeks 2-4, NFL Network completely confirmed “Thursday Night time Football.” In 7 days 1, NBC confirmed a video game on Thursday that was technically a “Sunday Evening Football” activity.

Now, both of those Fox and NFL Community will broadcast the Buccaneers vs. Eagles match. They will also workforce up to provide viewers with pre- and submit-video game protection of the party. They will definitely characteristic Tom Brady and Jalen Hurts seriously in their protection, as the NFL’s oldest latest quarterback takes on a participant generating only his 10th career start out.

What channel is the Buccaneers vs. Eagles match on? This is everything you require to know about how to view Brady and Hurts duel on “Thursday Evening Football.”

Much more: Check out Buccaneers vs. Eagles are living with fuboTV (7-working day totally free demo)

What channel is Buccaneers vs. Eagles on tonight?

For the second consecutive 7 days, Fox and NFL Network will simulcast “Thursday Night time Soccer.” NFL Community broadcast the initial three formal “Thursday Night Football” video games when NBC broadcast the first Thursday match of the season, which was technically a “Sunday Night Football” video game.

In addition to the Fox and NFL Community broadcasts, Amazon Prime will allow for consumers to stream the video game. Those people 3 providers will carry “Thursday Evening Soccer” for the relaxation of the season.

Most United States cable companies carry the NFL Community. It also is obtainable via satellite provider DirecTV (channels 212 and 1212) and IPTV suppliers Verizon FiOS (channels 88 and 588) and Google Fiber (channel 2019).

NFL Ability RANKINGS: Charges proving to be serious contender

Buccaneers vs. Eagles get started time

  • Date: Thursday, Oct. 14
  • Time: 8:20 p.m. ET

Each and every “Thursday Evening Football” activity in 2021 will get started at 8:20 p.m. ET, which includes the Bucs vs. Eagles contest. Pregame protection of the celebration will start at 7:30 p.m. ET on equally NFL Community and Fox. NFL Network will also air “TNF To start with Glimpse” on game day beginning at 3 p.m. ET for these keen to get Week 6 underway.

Streamers will be ready to enjoy the video game by means of Amazon Primary or by using fuboTV, which will come with a 7-working day free trial.

Meanwhile, viewers in Canada can observe the match exclusively on DAZN with a subscription.

A lot more: What is actually incorrect with the Chiefs’ protection, explained

NFL dwell stream for Thursday night time recreation

NFL fans will be ready to stream “Thursday Evening Soccer” for free of charge with a cable subscription by working with possibly the NFL Application or the Yahoo! Sports Application. You have to enter cable/satellite subscription qualifications to accessibility it.

In the meantime, cord-cutters will have a great deal of selections to look at Buccaneers vs. Eagles. They are as follows.

NFL 7 days 6 schedule

The Buccaneers and Eagles will commence what appears like a solid week of action for the NFL. The “Sunday Evening Soccer” sport will feature the Seahawks and Steelers though “Monday Night Soccer” will element the Expenditures and the Titans in what could be the most important match of the 7 days for the AFC. The undefeated Cardinals are set to choose on the Panthers even though the Jaguars and Dolphins will do struggle on Sunday early morning in London.

Below is the entire agenda for Week 6 of the 2021 NFL period.

7 days 6

Video game Kickoff time Television set channel
Buccaneers at Eagles 8:20 p.m. ET Fox/NFLN/Amazon
Video game Kickoff time Tv channel
Dolphins at Jaguars (London) 9:30 a.m. ET  CBS
Chiefs at Washington Football Group 1 p.m. ET CBS
Rams at Giants 1 p.m. ET Fox
Texans at Colts 1 p.m. ET CBS
Bengals at Lions 1 p.m. ET Fox
Packers at Bears 1 p.m. ET Fox
Chargers at Ravens 1 p.m. ET CBS
Vikings at Panthers 1 p.m. ET Fox
Cardinals at Browns 4:05 p.m. ET Fox
Raiders at Broncos 4:25 p.m. ET CBS
Cowboys at Patriots 4:25 p.m. ET CBS
Seahawks at Steelers 8:20 p.m. ET NBC
Activity Kickoff time Television channel
Expenditures at Titans 8:15 p.m. ET ESPN

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Have you downloaded AUTO TODAY September 2021 issue yet?

Vehicle These days September 2021 challenge capabilities opinions of the new Mahindra XUV700, Hyundai i20 N Line, 2021 MG Hector, Land Rover Defender 90, 2021 Honda Amaze, new Royal Enfield Common 350 to identify a number of along with Hyundai Alcazar vs Tata Safari comparison and a total ton much more.

Auto Today September 2021 issue free download

Scroll down and head to the website link to down load your duplicate of the September 2021 problem of Car Now.

HIGHLIGHTS

  • Vehicle evaluations – Mahindra XUV700, 2021 MG Hector CVT, 2021 Honda Amaze, Land Rover Defender 90 & Hyundai i20 N Line.
  • Motorcycle opinions – Triumph Velocity Triple RS, Triumph Avenue Triple RS, 2021 Royal Enfield Classic 350 & 2021 TVS Apache RR 310.
  • Road check/comparison – Hyundai Alcazar vs Tata Safari.

The September 2021 problem of Auto Nowadays magazine is out and in scenario you have not presently, head to the link down below to download a free of charge duplicate to read the hottest on new automobiles, bikes as effectively as unique capabilities.

http://www.autotodayindia.com/emag

Our protect tale this thirty day period is eagerly predicted Mahindra XUV700 which has established rather a buzz with its intense pricing for a car or truck bigger than in the same way priced SUVs armed with impressive petrol and diesel motors. Our critique tells you all you need to know about it. Speaking of a few-row SUVs, this month’s issue sees the Hyundai Alcazar acquire on the Tata Safari in our Highway Check whilst our major tale aspects Jeep’s approaching 67-seater. Reviews this month consist of the Land Rover Defender 90, the shorter-wheelbase variation of the all-new SUV, the Honda Amaze facelift, the i20’s sportier version – i20 N Line – and the 2021 MG Hector which is now available with a CVT.

Auto Today September 2021

Switching to two wheels from four, the greatest 1st Trip story this thirty day period is the new generation Royal Enfield Vintage 350 which has been fully reinvented but in very familiar apparel. We have also ridden the updated Triumph Velocity Triple RS, Triumph Road Triple and the Apache RR 310. A exclusive function this thirty day period on TVS as we ride an RTR 200 straight from the manufacturing unit to the racetrack to speak you as a result of the advancement course of action. As always, we have received updates on our lengthy term fleet that sees the introduction of the Honda H’ness even though we bid adieu to the Royal Enfield Meteor. Moreover, there is all the most current from the Indian and international automotive scene. Appreciate the September situation of Auto Today and until eventually up coming, journey and drive risk-free.

Click on here for IndiaToday.in’s entire protection of the coronavirus pandemic.