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India's daily Covid cases double to more than 2 lakh in just 10 days

With over 1 lakh fresh infections per day for the ninth consecutive day, India added 13,88,515 cases in just nine days, taking the number of active cases in the country to 1,40,74,564, figures released by the union health ministry showed

Infosys Q4 net at Rs5,078 cr; revenue rises 13.1% to Rs26,311 cr

Infosys also announced Rs9,200 crore share buyback, at a maximum price of Rs1,750 per share, a premium of 25 per cent to Tuesday’s closing price

TCS Q4 net rises to Rs9,246 cr, revenue at Rs43,705 cr

And, despite the raging pandemic, TCS added 40,185 employees to its workforce, on a net basis, during the year, including 19,388 in the fiscal fourth quarter, taking total headcount to 488,649

Russia to expand defence co-operation with India

Moscow and New Delhi also reassured themselves that neither threats of sanctions from the United States nor military threat posed by China will stand in the way of bilateral trade and defence ties

RBI keeps poliy repo rate unchanged at 4%

RBI noted that since the MPC’s meeting in February, lingering effects of the slowdown in the global economy in Q4 of 2020 have persisted, high frequency indicators vehicle sales, railway freight traffic, toll collections, goods and services tax revenues, e-way bills, and steel consumption suggest that a gradual but uneven recovery may be forming

Justice N V Ramana appointed Chief Justice of India

A first-generation lawyer, having agricultural background, Justice Nuthalapati Venkata Ramana has specialised in Constitutional, Civil, Labour, Service and Election matters and has also practised before inter-state river tribunals

Microsoft signs $22 billion deal to supply high-tech headsets to US Army

According to the US Army, the augmented reality technology could help soldiers target enemies and prevent the killing of civilians

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FEATURED ARTICLES

Shaping the post-pandemic economy, a global perspective

Apart from aggravating the problem of inequalities among nations the pandemic is creating joblessness within countries and since global policies cannot be tailored to suit the requirements of all individual countries, there cannot be any guarantee that the IMF, or any international institution for that matter, would be able to help bring about a job-lead economic recovery

Alibi for the Reserve Bank!

Corporates may bring stability to banks they operate, but at the cost of the economy, which could be rendered unstable by the urge to serve themselves

CCI approves Future-Reliance deal

The CCI approval for the Future Group-Reliance Group deal comes as a huge setback for US e-commerce giant Amazon, which is seeking to enforce an arbitration award from a Singapore court restraining the parties from implementing the deal

Cease-fire on the Vaccine Front!

The might of vaccines can be gauged from the fact that newly-listed Chinese pharma company, Beijing Wantai Biological Pharmacy Enterprise, made a $20 billion windfall on an untested vaccine, taking the net worth of Zhong Shanshan, who holds a controlling stake in the company, to $58.7 billion 

Woman at the Helm of Financial Powerhouse Citi

Jane Fraser has been elected to the board of directors of Citigroup, and will take over from Corbat when he retires from Citi and steps down from its board of directors in February 2021

Realty needs government handholding

The real estate sector is perhaps the largest industry in the country in terms of scale and revenue generation and the top employer providing employment to millions directly and to several millions indirectly

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