Amazon, Future Group digs

The legal battle between Future Group and Amazon.com Inc. over the ₹The 24,713 crore settlement with Reliance Industries Ltd (RIL) is growing like a snowball, with the two litigants adopting the dual strategy of taking the case in the Indian courts and the Singapore arbitration court. While Kishore Biyani’s Future …

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Covid-19: what you need to know today

The fourth round of antibody tests in New Delhi, the results of which were made public on Wednesday during a court hearing, presents some interesting questions. It found that 25.5% of the roughly 15,000 people tested possessed Covid-19 antibodies. The tests were carried out in the third week of October. …

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A little respite for Delhi, but Diwali can be ‘severe’

Experts warned Thursday that violations of the ban on firecrackers on Diwali, coupled with slower northwesterly winds carrying stubble smoke, will likely bring Delhi’s air pollution back to the ‘severe’ levels that witnessed earlier this week. Scientists from the Indian Meteorological Department (IMD) said that although the city’s air quality …

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Explained: What is a technical recession?

Written by Udit Misra | New Delhi | Updated: November 13, 2020 7:28:24 am The seal of the Reserve Bank of India (RBI) is displayed on a door outside the RBI headquarters in Mumbai. (Reuters photo: Danish Siddiqui) In its last monthly newsletter, November, the Reserve Bank of India has …

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