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China will not allow itself to be bullied and anyone who tries will face "broken heads and bloodshed in front of the iron Great Wall of the 1.4 billion Chinese people," President Xi Jinping said at a mass gathering Thursday to mark the centenary of the ruling Communist Party. from Times of India https://ift.tt/3AbTnRH https://ift.tt/eA8V8J July 01, 2021 at 08:28AM

Team India’s young Test opener Shubman Gill is in danger of missing out on the England Test series with an injury. The 21-year-old has sustained an injury to either his calf or hamstring during the World Test Championship final against New Zealand recently, TOI has learnt. from Times of India https://ift.tt/3hm1geG https://ift.tt/eA8V8J July 01, 2021 at 08:28AM

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Uttarakhand chief minister Tirath Singh Rawat was on Wednesday urgently summoned to Delhi to meet the BJP’s central leadership, fuelling speculation in political circles that the state could be headed for early assembly elections. However, this could not be confirmed. from Times of India https://ift.tt/3qGNTtQ https://ift.tt/eA8V8J July 01, 2021 at 05:10AM

Billionaire Fertitta expands SPAC deal to add restaurants, hospitality group

For years, tech giants around the world have marked December 1 on their calendars for a visit to the IITs to pick up fresh graduates. But this year, the class of 2021 has received fewer international offers: less than 200 IITians across the country have landed an overseas job. from Times of India https://ift.tt/3yoBU6T https://ift.tt/eA8V8J July 01, 2021 at 04:58AM

With north-western part of the country reeling under heat wave conditions due to break in Monsoon, the India Meteorological Department (IMD) on Wednesday said further advance of southwest Monsoon into remaining parts of Rajasthan, Delhi, Haryana and Punjab is not likely till July 7. from Times of India https://ift.tt/3jxxnuC https://ift.tt/eA8V8J July 01, 2021 at 06:16AM

Uttarakhand chief minister Tirath Singh Rawat was on Wednesday urgently summoned to Delhi to meet the BJP’s central leadership, fuelling speculation in political circles that the state could be headed for early assembly elections. However, this could not be confirmed. from Times of India https://ift.tt/2Tn2rT2 https://ift.tt/eA8V8J July 01, 2021 at 05:10AM

For the sixth consecutive day, cases have remained below 50,000 while deaths too have not breached the 1,000 mark for seven days in a row. Wednesday saw 45,951 cases and 734 deaths as the second wave continued to go on a downward slope. Stay here for all live updates from Times of India https://ift.tt/3Ae8aLB https://ift.tt/eA8V8J July 01, 2021 at 05:36AM

Three terrorists were killed while two Army soldiers were injured in an encounter at Chimmer village, in South Kashmir’s Damhal Hanjipora, Kulgam district, on Wednesday. An official said a joint team of the police, Army’s 9 RR and CRPF launched a cordon-and-search operation on specific information about the presence of militants in the area. from Times of India https://ift.tt/3y3S05s https://ift.tt/eA8V8J July 01, 2021 at 12:40AM

Delhi Police on Wednesday sent an email to Twitter India asking them to take down all child pornographic content and share details of the Twitter accounts that had circulated such media on the microblogging site. from Times of India https://ift.tt/3qCQjcF https://ift.tt/eA8V8J July 01, 2021 at 04:04AM

The Delta variant may have been responsible for nearly all Covid infections in Madhya Pradesh in June. That’s the indication from a genome sequencing report where every sample sent from MP last month was found to have been Delta — the mutation causing worldwide concern now. from Times of India https://ift.tt/3qEuGZq https://ift.tt/eA8V8J July 01, 2021 at 04:32AM

The finance ministry on Wednesday imposed spending checks on several departments, ranging from education and home to telecom and power, as part of a cash management exercise due to the “evolving” Covid-19 situation and the Centre’s cash management requirements. from Times of India https://ift.tt/3dvDWK8 https://ift.tt/eA8V8J July 01, 2021 at 03:40AM

The average daily vaccination against Covid-19 increased to 40.3 lakh doses in June, driven by a jump since the Centre took over procurement and supplies of 75% of domestically produced jabs since June 21. from Times of India https://ift.tt/3qOWk6t https://ift.tt/eA8V8J July 01, 2021 at 03:11AM

The Supreme Court on Wednesday directed the PM-led National Disaster Management Authority (NDMA) to quantify within six weeks the ex gratia amount to be paid to the families of nearly four lakh novel coronavirus victims and said the NDMA failed to discharge its statutory duty even though Covid-19 was declared a disaster under the Disaster Management Act a year ago. from Times of India https://ift.tt/3AfP1ZG https://ift.tt/eA8V8J July 01, 2021 at 02:37AM

Brazil will suspend a $324-million contract for Covaxin from Bharat Biotech that has mired President Jair Bolsonaro in accusations of irregularities, the health minister said on Tuesday, even as the Indian drugmaker insisted that it has not received any advance payments. from Times of India https://ift.tt/3h3oVS6 https://ift.tt/eA8V8J July 01, 2021 at 02:06AM

The government left small savings rates unchanged for the July-September quarter after an uproar over a sharp cut in April had forced it to reverse the decision. This is the fifth straight quarter where rates have been left unchanged, providing respite to middle class investors who park their savings in Public Provident Fund, Senior Citizen Savings Scheme and National Savings Certificate, among other instruments. from Times of India https://ift.tt/3dObjZ5 https://ift.tt/eA8V8J July 01, 2021 at 02:10AM

The Calcutta high court has agreed to take on record the reply affidavits filed by Bengal CM Mamata Banerjee, law minister Moloy Ghatak and the state government in response to the CBI’s plea to transfer the Narada case outside the state. from Times of India https://ift.tt/3hkL8tK https://ift.tt/eA8V8J July 01, 2021 at 01:45AM

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Chief Justice of India N V Ramana on Wednesday said the right of people to change those in office through elections was no “guarantee against tyranny of the elected” and argued that democracy and its benefits could only be ensured by giving space to both “reasoned and unreasonable” public discourse.​ from Times of India https://ift.tt/3AhmG5i https://ift.tt/eA8V8J July 01, 2021 at 01:50AM

Donald Rumsfeld, the two-time defense secretary and a one-time presidential candidate whose reputation as a skilled bureaucrat and visionary of a modern US military was soiled by the long and costly Iraq war, has died, his family said in a statement released Tuesday. He was 88. from Times of India https://ift.tt/3AfoifW https://ift.tt/eA8V8J July 01, 2021 at 01:18AM

Bill Cosby was freed from prison and returned home on Wednesday, less than two hours after Pennsylvania's highest court overturned his sexual assault conviction, saying he never should have faced charges after striking a non-prosecution deal with a previous district attorney more than 15 years ago. from Times of India https://ift.tt/3hjxYgF https://ift.tt/eA8V8J June 30, 2021 at 10:36PM

American internet giant Facebook has thrown its weight behind India’s new IT Rules, and has said that they “make sense” while empowering users and limiting their abuse on social media, India MD Ajit Mohan has told TOI. from Times of India https://ift.tt/3jsW1fY https://ift.tt/eA8V8J June 30, 2021 at 02:48AM

SEC charges JPMorgan unit Neovest for operating as unregistered broker-dealer The Securities and Exchange Commission said it has charged Neovest Inc., a JPMorgan Chase & Co. unit that provides an electronic-trading platform, for operating as an unregistered broker-dealer.

Stay here for real-time updates on breaking news from India and across the world that you can't miss from Times of India https://ift.tt/3x7UakC https://ift.tt/eA8V8J June 30, 2021 at 12:04AM

In an attempt to give more power to non-promoting shareholders in a company, markets regulator Sebi on Tuesday said that two-thirds of the members of the nomination & remuneration committee (NRC) and the audit committee (AC) of the board of a listed company should be independent directors. Currently, rules say that a majority of the members of these two important committees of the board should be independent directors. from Times of India https://ift.tt/3x698Hz https://ift.tt/eA8V8J June 30, 2021 at 06:58AM

Clickbait provider Outbrain files for IPO Outbrain Inc., a major clickbait provider, detailed plans for an initial public offering Tuesday, after filing confidentially in April.

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In a first, five Indian pharma majors have joined hands to conduct phase-III clinical trials of investigational anti-viral drug Molnupiravir on mild Covid-19 patients. The companies include Dr Reddy's Laboratories Ltd, Cipla Ltd, Sun Pharmaceutical Industries Ltd, Torrent Pharmaceuticals Ltd and Emcure Pharmaceuticals Ltd. from Times of India https://ift.tt/3qzK8pO https://ift.tt/eA8V8J June 30, 2021 at 05:06AM

Venmo raising and adding fees Venmo will soon be adding fees for some previously-free services and hiking existing fees on others, the mobile transaction service informed its customers.

The nationwide Covid vaccination drive has been halted or severely slowed down in at least three states - Rajasthan, Chhattisgarh and Karnataka - as they have run out of stocks. from Times of India https://ift.tt/3y49cYE https://ift.tt/eA8V8J June 30, 2021 at 04:25AM

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Taking umbrage at Twitter's decision to block the account of information technology minister Ravi Shankar Prasad, the Lok Sabha Secretariat on Tuesday sought a written explanation from the social media firm in two days on why it temporarily blocked the minister on its platform. from Times of India https://ift.tt/35YRfyv https://ift.tt/eA8V8J June 30, 2021 at 04:46AM

Artem Dovbyk's header in the 121st minute sent Ukraine through to a Euro 2020 quarter-final clash with England on Saturday as they beat Sweden 2-1 after extra time in Glasgow. Ukraine squeezed through to the last 16 despite taking just three points in the group stage, qualifying in part because Sweden beat Poland to top Group E ahead of Spain. from Times of India https://ift.tt/3hkJOXH https://ift.tt/eA8V8J June 30, 2021 at 03:24AM

The deal to buy 20 million doses of Bharat Biotech's Covaxin shot has become a headache for Bolsonaro after whistleblowers went public with alleged irregularities. One health ministry official said he alerted the president about his concerns. from Times of India https://ift.tt/3jsiJoo https://ift.tt/eA8V8J June 30, 2021 at 03:04AM

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Goldman to open Dallas campus, second largest after NY: report Goldman Sachs is reportedly in advanced talks to open a major campus in the Dallas, Texas, area, that is expected to be larger than all its U.S. hubs save for the Wall Street investment firm's Manhattan headquarters.

Indian pharma major Cipla will “facilitate” the import of Covid vaccines donated by US biotech major Moderna, possibly in the near future, under licence for restricted use by India’s drug regulator DCGI. In parallel, Cipla is also pursuing a separate tie-up with the US firm to undertake large-scale fill-and-finish, distribution and commercialisation of Moderna’s messenger or mRNA vaccines from Times of India https://ift.tt/3hgL7Hn https://ift.tt/eA8V8J June 30, 2021 at 02:31AM

American internet giant Facebook has thrown its weight behind India's new IT Rules, and has said that they "make sense" while empowering users and limiting their abuse on social media, India MD Ajit Mohan has told TOI. The fresh affirmation comes months after the company termed the government's move to formulate policy and rules around content moderation as "a legitimate scrutiny", where it also emphasised that respect for Indian laws is "non-negotiable". from Times of India https://ift.tt/3w0iFyR https://ift.tt/eA8V8J June 30, 2021 at 02:48AM

Private hospitals have to place orders for vaccines on CoWin and cannot directly procure it from manufacturers, July 1 onwards. The Centre has also devised a formula to decide the 'maximum monthly limit' of stocks that a private vaccination centre can purchase to ensure a level-playing field. from Times of India https://ift.tt/3A5RRjX https://ift.tt/eA8V8J June 30, 2021 at 01:52AM

Southwest Airlines under fire for canceling thousands of flights Southwest Airlines has canceled about 600 flights and delayed more than 4,000 between Friday and Sunday, according to reports.

Billionaire entrepreneur Elon Musk said Tuesday he plans to invest up to 30 billion dollars to develop his ambitious Starlink satellite internet service. Starlink plans to deploy thousands of low-orbit satellites to provide high-speed internet to isolated and poorly connected areas. from Times of India https://ift.tt/3y7sDQs https://ift.tt/eA8V8J June 30, 2021 at 12:24AM

Raheem Sterling and Harry Kane fired England into the Euro 2020 quarter-finals as they sealed a 2-0 win against Germany that ended decades of hurt at the hands of their bitter rivals on Tuesday. In the 55 years since England beat the Germans in the World Cup final, the Three Lions had endured a painful litany of defeats against Die Mannschaft when the stakes were highest. from Times of India https://ift.tt/3drIWj0 https://ift.tt/eA8V8J June 29, 2021 at 11:48PM

The parliamentary standing committee on information technology on Tuesday asked Twitter to explain within two days on blocking of accounts of Union minister Ravi Shankar Prasad and senior congress leader Shashi Tharoor, news agency PTI reported quoting sources. from Times of India https://ift.tt/35ZnA8v https://ift.tt/eA8V8J June 29, 2021 at 07:45PM

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Pakistan-based Lashkar-e-Taiba is likely to be the mastermind of the unprecedented drone attack at the IAF station in Jammu airport, J&K police DGP Dilbag Singh said on Tuesday.Two IAF officers suffered minor injuries when drones carrying explosives attacked the IAF station early Sunday morning. The twin attacks took place within a span of six minutes. from Times of India https://ift.tt/3joXaF6 https://ift.tt/eA8V8J June 29, 2021 at 05:59PM

Facebook India officials Tuesday deposed before the Parliamentary Standing Committee on Information Technology on the issue of misuse of social media platforms. from Times of India https://ift.tt/3AjQdvh https://ift.tt/eA8V8J June 29, 2021 at 05:18PM

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Skill development centres and universities have also been allowed to open conditional to the staff and students having taken at least one dose of vaccine. IELTS coaching institutes were already allowed to be opened, subject to students and staff having taken at least one dose of vaccine. from Times of India https://ift.tt/3jrxqYz https://ift.tt/eA8V8J June 29, 2021 at 04:23PM

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When it comes to mortality among hospitalised patients, data collated by a private hospital chain reveals that the second wave was far more fatal than the first wave. from Times of India https://ift.tt/3x40jhE https://ift.tt/eA8V8J June 29, 2021 at 04:47AM

Stock futures little changed as banks rally after dividend hikes U.S. stock futures were little changed Tuesday with both the S&P 500 and the Nasdaq Composite on track to open near record highs.

United Airlines orders 270 Boeing, Airbus jets United Airlines on Tuesday unveiled its largest ever order for 270 Boeing and Airbus jets worth more than $30 billion at list prices as it seeks to grow domestically after the pandemic.

Bitcoin prices pierce $35,000 in overnight trading Bitcoin prices rose for the second straight day Tuesday, Coindesk reported, in part due to news Morgan Stanley bought 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to an SEC filing.

US stocks trading mixed ahead of Tuesday's opening bell U.S. equity futures are trading mixed ahead of Tuesday's opening bell as shares have marched higher since mid-May, boosted by a robust economic recovery, the prospect of further fiscal stimulus and low bond yields that prompted investors to snap up stocks.

Duke Energy’s botched war of words Efforts to defend Duke Energy from a proxy campaign led by billionaire Paul Singer have recently taken two quiet steps backwards.

Cathie Wood's ARK Invest files to offer a bitcoin ETF Star stock picker Cathie Wood's ARK Invest filed with the U.S. Securities and Exchange Commission on Monday to create a bitcoin exchange traded fund (ETF), the latest fund manager attempting to cash in on investors' growing interest in cryptocurrencies.

Big banks hike dividends after passing Fed's stress test Several major American banks announced dividend boosts on Monday, days after the Federal Reserve said all big lenders passed their stress test and lifted the heightened restrictions imposed due to COVID-19.

Beachbody CEO celebrates IPO launch, shares roadmap to become ‘Disney Plus of fitness’ Fitness brand Beachbody has officially gone public via SPAC and CEO Carl Daikeler rejoiced in the IPO’s success on "The Claman Countdown" Monday and shared plans for future expansion.

SEC’s Gensler aims to be ‘transformational’ Wall Street cop Wall Street executives are scrambling to figure out if Securities and Exchange Commission Chair Gary Gensler is serious about imposing new “woke” disclosure mandates on companies. And the answer they’re getting is a resounding “yes.”

Gas prices above $3 per gallon to remain elevated all summer Gas prices above $3.00 per gallon could be here to stay through the summer and beyond, according to GasBuddy Head of Petroleum Analysis Patrick de Hann.

Facebook antitrust complaint dismissed by federal judge U.S. District Judge James Boasberg wrote in an opinion Monday that the FTC complaint against Facebook was “legally insufficient,”

Beachbody goes public through SPAC Beachbody Company Inc. swung between gains and losses Monday after going public through a special purpose acquisition company, or SPAC.

UBS plans hybrid work model for two-thirds of employees UBS Group AG will permanently allow up to two-thirds of its employees to utilize a hybrid schedule that includes both working at home and going into the office.

Jobs report, Bed Bath & Beyond earnings and Krispy Kreme IPO top week ahead The jobs report for June will give investors a fresh look at the state of hiring in the U.S.

As AMC CEO touts record box office weekend retail investors question need for new stock AMC CEO Adam Aron is bragging about a record weekend at the Box Office but the theater chain is not out of the woods yet.

United Airlines closes in on $30B post-pandemic jet order United Airlines was putting the finishing touches on Monday to an airplane order potentially worth $30 billion at list values for up to 270 narrow-body jets in a bid to secure a pandemic recovery at favorable prices, industry sources said.

US stock ownership nears record, will keep climbing U.S. stocks look to be the hottest investment in town, and that popularity shows no signs of slowing down this year.

Stock futures flat as S&P fights to hold record highs U.S. stock futures were little changed Monday morning as the S&P 500 battled to hold record highs.

Cryptocurrency edges higher early Monday morning Bitcoin's price was up nearly 5% early Monday morning, Coindesk reported, despite Britain’s financial regulator saying Binance may not conduct any regulated activity. In addition, reports said, it issued a warning to consumers about the platform.

US stocks trending higher as data signals fresh acceleration in world economy U.S. equity futures were trading tentatively higher after a record close last Thursday. Driving the market surge, investors say, was data signaling a fresh acceleration in the world economy, as well as optimism over the prospect of additional fiscal stimulus.

Didi's $4 bln IPO order books to close Monday - sources China's biggest ride-sharing firm Didi Global Inc will close the investor order books for its U.S. initial public offering (IPO) to raise up to $4 billion one day early on Monday, two people with direct knowledge of the matter said.

Commodities remain a popular bet despite recent declines Many commodities from copper to lumber have dropped from their peak pandemic prices, easing the most acute worries about an inflationary spiral. But investors remain bullish on many of them, arguing they still look cheap.

Jobs report, Ford earnings and Krispy Kreme IPO top week ahead The jobs report for June will give investors a fresh look at the state of hiring in the U.S.

Fannie Mae and Freddie Mac may be pilfered by government, Mark Calabria says Mark Calabria, former director of the Federal Housing Finance Agency (FHFA), on Friday suggested that the government could pilfer Fannie Mae and Freddie Mac.

Carnival CEO: Cruise demand exceeds supply Carnival Corporation CEO Arnold Donald says customers are cruising back to the company's ships with demand exceeding supply as they set sail from the U.S. again for the first time after a hiatus brought on by the coronavirus pandemic.

Nike is 'a brand of China and for China,' CEO says during earnings call Nike CEO John Donahoe called the sportswear apparel giant a “brand of China” this week, following a fiasco it was involved in earlier this year over concerns about human rights abuses committed by the communist government.

Mister Car Wash IPO cleans up Mister Car Wash saw its stock surge in its IPO debut over 35%.

Nike stock soars to record as US sales boom Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.

Substandard generic drugs are flooding the US market and putting all Americans at risk Most Americans would be shocked to learn that millions of doses of poor-quality and potentially harmful generic drugs are being imported into the United States each year.

Stocks set for records as banks fly past Fed stress tests U.S. stock futures are pointing to modest gains at Friday’s opening bell as the S&P 500 barrels toward its strongest week in almost three months.

Virgin Galactic cleared by FAA to fly passengers into space The FAA greenlights Virgin Galactic to blast passengers into space giving the stock a liftoff.

Virgin Galactic cleared by FAA to fly passengers into space The FAA greenlights Virgin Galactic to blast passengers into space giving the stock a liftoff.

US markets trending upward on last trading day of the week U.S. equity futures were trending higher ahead of the Friday's opening bell as stocks have risen this week and market volatility has collapsed, reflecting investors' easing concerns about higher inflation and tighter monetary policy.

Chinese ride-hailing giant DiDi targets over $60 bln valuation in NYSE debut DiDi Global Inc , China's largest ride-hailing company, is aiming for a valuation of more than $60 billion in its New York Stock Exchange debut, setting it up for what is likely to be the biggest U.S. initial public offering (IPO) this year.

Canada Goose to go fur-free in 2022 Winter clothing maker Canada Goose announced Thursday that the firm will stop purchasing fur by the end of this year and will go fur-free by the end of 2022.

FedEx: Fiscal Q4 earnings snapshot On a per-share basis, the Memphis, Tennessee-based company said it had net income of $6.88. Earnings, adjusted for non-recurring gains, were $5.01 per share.

Banks pass Fed’s stress tests results with flying colors The Federal Reserve has blessed the nation's largest banks with a clean bill of health paving the way for a flood of dividends and buybacks.

JPMorgan bringing back employees to office regardless of COVID-19 vaccine status JPMorgan Chase is ready to bring employees back to the office even if their vaccine passport isn’t stamped.

Carnival loses $2B as ships remained grounded Carnival Corp. lost more than $2 billion in the second quarter as prolonged cruise suspensions caused by COVID-19 paralyzed its business.

JPMorgan buys stake in Robert Kraft's sports-data company JPMorgan Chase has bought a stake in the analytics company that helped make New England Patriots owner Robert Kraft a sports mogul.

Durable goods jump as transportation orders rebound Durable Goods pop fueled by transportation purchases after two straight monthly declines.

FedEx suspended service for 1,400 freight customers FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package volume.

Stock futures point to record highs with economic data, Fed speeches on deck U.S. stock futures pointed to record highs at Thursday’s opening bell as traders await key economic data and further commentary from the Federal Reserve.

Second bicycle shortage in 2 years hits sellers as COVID-19 pandemic comes to an end Bicycle and sports equipment sellers are facing a second bicycle shortage after an initial shortage occurred in 2020.