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Roving Periscope: Trump considering ‘pardoning’ himself?

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Virendra Pandit New Delhi: With persistent demands for his second impeachment, outgoing US President Donald Trump is said to be considering to ‘pardon’ himself before his successor, President-elect Joe Biden, is sworn in at the White House on January 20, 2020. On Wednesday, thousands of Trump supporters, soon after he addressed them in a rally, […]
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RuPay
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Payments: RuPay partners with RBL Bank for merchant solutions

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Mumbai: RuPay has entered a partnership with the RBL Bank in India and launched an innovative payment solution for the Indian merchants, called RuPay PoS, in association with PayNearby, the National Payments Corporation of India (NPCI) said. This new RuPay PoS will convert any smartphone into a merchant Point of Sale (PoS) terminal for the […]
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Indian economy
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Indian economy: GDP to contract by 7.7% in FY21, says NSO

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New Delhi: The COVID-19 pandemic battered fiscal year, 2020-21, is expected to be the worst-ever for India’s Gross Domestic Product (GDP), with the government’s first official advance estimates suggesting a real contraction of 7.7 percent, as compared to the 11-year-low growth rate of 4.2 percent in FY20. In the data, released by the National Statistical […]
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Demonetization: ‘Objectives not met’, says Pranab

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Virendra Pandit New Delhi: Although Prime Minister Narendra Modi did not consult Pranab Mukherjee ahead of demonetization in November 2016, this secrecy was necessary, the then President has said. While he supported the PM’s sudden announcement, the ex-President said the move did not achieve its objectives. In the fourth volume of his memoirs, The Presidential […]
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Indian economy
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‘Indian economy may contract by 9.6% in FY21’: World Bank

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Virendra Pandit  Mumbai: The World Bank has said India’s economy may contract by 9.6% in the fiscal 2020-21 financial year and then recover to 5.4% in the next financial year, 2021-22. The Bank said India’s expected contraction is because of a sharp decline in household spending and private investment as the coronavirus pandemic badly hit […]
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Pakistan SC directs reconstruction of demolished Hindu temple in K-P

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New Delhi: The Pakistan Supreme Court on Tuesday described as “international shame to Pakistan” the demolition of a Hindu temple in the Khyber-Pakhtunkhwa region by an Islamist mob and directed its reconstruction, whose cost will be recovered from the cleric responsible. The apex court also asked the ETPB to collect the reconstruction cost from Maulvi […]
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COVID-19: Vaccine supply a “combined intent”, say SII, Bharat Biotech

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New Delhi: ‘Smooth vaccine rollout is our duty and we will fulfill it’, India’s top two vaccine makers said on Tuesday. Putting to end some misgivings on the rollout, they said it was their “combined intent” to develop, manufacture, and supply the COVID-19 vaccines for India and globally. In a joint statement, Serum Institute of […]
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COVID-19: As infections soar, UK back in lockdown till mid-Feb

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Virendra Pandit New Delhi: With the discovery of a new, more contagious strain and the number of daily COVID-19 cases in the United Kingdom topping 50,000 for the seventh day in a row, Prime Minister Boris Johnson on Monday announced a nationwide lockdown, effective Wednesday. Around 56 million people in England will return to a […]
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Business: Covishield to cost Rs.250 to govt; Rs.1,000 in market

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Virendra Pandit  Mumbai: As Prime Minister Narendra Modi congratulated Indian scientists on Monday for indigenously developing not one but two vaccines to cure the COVID-19 pandemic, one of these vaccine-makers revealed that his company will provide the shot to the government for Rs. 250 while it will be available in the private market for Rs.1,000 […]
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jio
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RIL: No contract/corporate farming; Jio urges HC to stop vandalism

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New Delhi: Reliance Industries Ltd (RIL), through its subsidiary Reliance Jio Infocomm Ltd, on Monday urged the Punjab and Haryana High Court to direct Punjab Government to stop vandalism forthwith against the company’s infrastructure in the state, currently agitated due to the farmers’ agitation. In a petition, the company sought an urgent intervention of the […]
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