MUMBAI: Shares of state-owned Coal India fell nearly 3 percent on Thursday after the country’s largest coal producer posted a 16 percent drop in net profit for the September quarter, hurt by higher contract expenses than the expected. As of 9:54 am, Coal India shares were down 3.02 percent to …
Read More »Tamil Nadu delays reopening of schools for classes 9-12 next week
TN Schools Reopening: Schools have been closed in Tamil Nadu for over 7 months (Representative) Chennai: The Tamil Nadu government has postponed its decision to reopen schools from November 16 for classes 9 and above, almost two weeks after announcing the reopening of classes 9 to 12 with coronavirus safety …
Read More »Serum Institute prepares 4 crore doses of covid vaccine, awaiting launch in January
The Serum Institute of India (SII) has prepared 4 million doses of the new coronavirus vaccine. “IBS has already manufactured 40 million doses of the vaccine, under DCGI’s manufacturing and storage at risk license,” the company said in a statement. The SII, with the help of the Indian Council of …
Read More »Biden appoints chief of staff, indicates reliance on moderate and trusted aides
US President-elect Joe Biden has appointed Ron Klain, a decades-long associate, as his chief of staff, indicating that he will rely on a close circle of known and trusted aides, all moderates. Klain was Biden’s first major staffing announcement as the president-elect went ahead with training his team to take …
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Read More »Recession: India in Historic Technical Recession, Shows RBI’s “Nowcast” | India Business News
NEW DELHI: India’s economy likely contracted for the second quarter in a row, according to a team of economists including Michael Patra, the central bank’s deputy governor in charge of monetary policy, pushing the country into an unprecedented recession. Gross domestic product contracted 8.6% in the quarter ending September, the …
Read More »Georgia to Manually Recount Presidential Ballots – US Presidential Election
Georgia will manually recount all ballots cast in the November 3 presidential election, the state’s top election official said Wednesday, a mammoth task that must be completed by November 20. Democrat Joe Biden got more than the necessary 270 votes from the electoral college. to win the presidency on Saturday …
Read More »Schools, universities will not reopen in TN on November 16
The government of Tamil Nadu has announced that universities and schools for classes 9 to 12 in the state will not reopen on November 16. The state government said that after analyzing parental feedback, they have decided to withdraw the announcement of the reopening of schools and school shelters for …
Read More »‘You dream of becoming CM after getting 40 seats’: RJD’s Manoj Jha mocks Nitish Kumar
Rashtriya Janata Dal (RJD) leader Manoj Jha attacked Bihar Prime Minister Nitish Kumar on Thursday, saying that the president of Janata dal (United States) “dreams” of keeping the top ministerial post despite winning only 40 “seats in the Bihar assembly elections held in late October and early November. “Public is …
Read More »India Navy’s 5th Scorpene-class submarine Vagir launched | India News
MUMBAI: 5th in the Indian Navy Scorpion class submarine Wander, which has superior stealth characteristics such as advanced sound absorption technique, was launched on Thursday at Mazagon Pier in South Mumbai. Vijaya, wife of Minister of State for Defense Shripad Naik, launched the submarine via video conference. The minister was …
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