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Sensex closes at 49,849.84, Nifty up by 232.40 points

Indian equity indices, Sensex and Nifty ended with strong gains on Monday which was led by broad-based buying across sectors. Broader markets, Nifty Smallcap100 and Nifty Midcap100 supported the rally and all the sector indices ended in green. The Sensex gained 749.85 points, or 1.53 percent to 49,849.84, while the Nifty ended at 14,761.55, up 232.40 points, or 1.60 percent. Broader indices closed higher, with the Smallcap index outperforming the benchmarks, ending 2 percent higher. All sectors also ended in the green for the day led by Nifty Auto, which rose 2.4 percent. Nifty Energy and Nifty Metal were also up 2 percent for the day. Meanwhile, the banking, financial services, pharma, IT, and FMCG sectors were up 1-2 percent for the day. Barring Bharti Airtel, all other Nifty50 constituents ended in the green with PowerGrid Corporation, ONGC, Grasim Industries, UPL and Shree Cement rallying the most. The Gross Domestic Product (GDP) grew 0.4 per cent in the ... » Learn More about Sensex closes at 49,849.84, Nifty up by 232.40 points

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Olympian advocates mass participation in sports

Editor's Note: China Daily is publishing a series of stories focusing on major issues expected to be discussed at the annual sessions of the National People's Congress and the National Committee of the Chinese People's Political Consultative Conference, known as the two sessions, the biggest annual political event in China, which starts this week. Some stories will also look at how the participants in the two sessions, deputies and political advisers, perform their duties. Retired Olympic champion and star political adviser Yang Yang is calling for more support and investment for grassroots sports development as China marches toward building a world sporting power. Yang, a two-time Olympic gold medalist, is now a member of the National Committee of the Chinese People's Political Consultative Conference, China's top political advisory body. She consistently supports the public's participation in sports as a lifestyle choice as China shifts its sporting focus from winning medals ... » Learn More about Olympian advocates mass participation in sports

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China’s top 10 scientific advances in 2020

China's Ministry of Science and Technology unveiled the country's top 10 scientific advances of 2020 on Saturday. 1. Chinese scientists make remarkable progress in tackling COVID-19 Chinese scientists teamed up to make a quick response to COVID-19 from the outset, making progress on various fronts while offering strong support to the nation to overcome the pandemic. In January 2020, China's Center for Disease Control succeeded in isolating the first novel coronavirus strain and shared with the WHO information on the genomic sequence of the virus. They have revealed how the novel coronavirus infects human cells and continued probing how it is transmitted. Combining Western methods and traditional Chinese medicine, eight editions of guidelines on diagnosis and treatment for pneumonia caused by the novel coronavirus were published successively. More prevention and control measures were proposed such as setting up makeshift hospitals, conducting mass nucleic acid tests and using ... » Learn More about China’s top 10 scientific advances in 2020

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Posters, flagpoles removed at 8,000 locations

The Greater Chennai Corporation has cleared political graffiti, posters and hoardings from buildings at more than 8,000 locations, following the announcement of Assembly elections. Corporation Commissioner G. Prakash had ordered election officials in all 16 Assembly constituencies in the city to remove wall graffiti, posters, papers, cutouts, hoardings, banners and flags on government property within 24 hours from the announcement of elections. On Sunday, the largest number of posters were removed from Thyagaraya Nagar Assembly constituency where election officials cleared 697 locations. Perambur Assembly constituency reported fewer posters, with just 228 locations cleared on Sunday. But Perambur reported the highest number of flagpoles at 84 locations which were cleared on Sunday. Political graffiti on 90 walls was cleared in Chepauk-Tiruvallikeni on Sunday, the highest for an Assembly constituency in the city. Thiru. Vi. Ka. Nagar Assembly constituency registered the ... » Learn More about Posters, flagpoles removed at 8,000 locations

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Tough eligibility may limit benefits to large Cos under proposed PLI for automotive sector

PLI ) to automobile and auto components industry that will lay the roadmap and raise India's bar as a global manufacturing hub. Sources said that the draft PLI scheme is expected to be finalised soon be after an inter-ministerial consultation process and proposes to give cashbacks ranging from 2 to 12 per cent of the incremental sales revenue and incremental exports revenue given by automobile players. Cabinet approval for the scheme will follow thereafter. Sources indicating that the scheme will be up and running in army next month that also marks the start of new financial year. The scheme will largely favour creation of large manufacturing capacities for global standards in the country. Accordingly, strict eligibility criteria will be set for companies looking to avail the incentives. Under the Automotive Champion scheme, a company would qualify for PLI only if has a revenue of Rs 1000 crore (Rs 100 crore for component makers) from overseas operations, Rs 10,000 ... » Learn More about Tough eligibility may limit benefits to large Cos under proposed PLI for automotive sector

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Measures proposed to handle student sleep shortfall

Lack of sleep among children and teenagers in China has worsened in the past decade, with more than 80 percent getting insufficient sleep on school days, a new report has found. Chinese youngsters snooze 7.8 hours a night on average on school days, down 0.3 hours from 2009, according to the report released on Monday by the Chinese Academy of Sciences' Institute of Psychology. Researchers surveyed more than 15,800 students from Henan, Hebei and Guangdong provinces from April to July, asking what time they go to bed and wake up on days they take offline classes on campus. Only 46.4 percent of them sleep for at least 8 hours, compared with 47.4 percent in 2009. According to an action plan laying out measures to be taken from 2019 to 2030 to promote the health of citizens, primary school students are recommended to get a minimum of 10 hours of sleep a night. For junior high school and senior high school students, the recommended sleep durations per night are 9 and 8 hours ... » Learn More about Measures proposed to handle student sleep shortfall

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Lakhs of people missed second COVID-19 vaccine dose, Health Ministry advises caution

New Delhi: In a major cause for concern, lakhs of people who were administered COVID-19 vaccine in the first phase have missed the second dose. From January 16 to February 1, 33 lakh 50 thousand 265 people across the country which included health care and frontline workers took the first shot of the vaccine. But out of these only 24 lakh 19 thousand 557 people showed up to get the second dose of the vaccine. This leaves out 9 lakh 30 thousand 708 people who either did not get the second dose in time or did not get it at all. The union health ministry has expressed concern in the matter. Health Secretary Rajesh Bhushan said that the people who missed the dose cannot be forced to take it and can only be made aware of it. Bhushan said that the government has a COVID-19  system through which they can track those who missed the dose. He said that people should ideally get the second dose on the 28th day from the first, but in unusual cases, it can be done in a ... » Learn More about Lakhs of people missed second COVID-19 vaccine dose, Health Ministry advises caution

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Blockchain doesn’t need cryptocurrency: McKinsey Digital’s Asia head

Mumbai: Anand Swaminathan , the head of McKinsey Digital in Asia, told ET that it would be a mistake to think that cryptocurrencies and blockchain technology are “so intertwined you can't have one without the other”. The Indian government’s reported plan to ban all cryptocurrencies has drawn sharp reactions from members of the crypto community, who say banning cryptocurrencies while simultaneously encouraging the use of blockchain technology, on which these virtual currencies are built, would be like permitting the use of electric vehicles but not funding them. But Swaminathan said, “ Cryptocurrency is a use case for blockchain technology. While cryptocurrency cannot exist without blockchain, the reverse does not apply.” Other uses for blockchain technology include improving companies’ resiliency, efficiency and security, and helping them track the development of products in their supply chains, he added. Swaminathan said blockchain technology can help Asian ... » Learn More about Blockchain doesn’t need cryptocurrency: McKinsey Digital’s Asia head

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Over 150 Monks test Covid positive in Himachal, Gyuto Buddhist monastery declared containment zone

For Quick Alerts Subscribe Now Rahul Gandhi terms grandmother Indira Gandhi's 'emergency a mistake' View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts #Himachal Pradesh Case likely against Congress MLAs for manhandling Himachal Speaker #Himachal Pradesh Himachal Pradesh Budget Session: Governor cuts short address to Assembly amid uproar by Congress members #Himachal Pradesh HP HRTC conductor written test result released: Subject to outcome of court case #Himachal Pradesh Himachal Pradesh panchayat election results 2021: Final results awaited as counting continues #Himachal Pradesh Himachal Pradesh Panchayat Election Result 2021: All you need to know #Himachal Pradesh Bird flu: More than 1,500 migratory birds found dead in Himachal Pradesh Just In 1 hr ago Manipur’s news website becomes first target of new rules on digital media, later ... » Learn More about Over 150 Monks test Covid positive in Himachal, Gyuto Buddhist monastery declared containment zone

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China aims to vaccinate 40% of population by end of July: Senior adviser

China aims to vaccinate 40% of its population against Covid-19 by the end of July, a senior health adviser told Reuters on Tuesday, requiring a significant increase in inoculations even as it ramps up exports of vaccines . Zhong Nanshan , a coronavirus expert who helped shape China's Covid-19 response, said on Monday the current ratio of vaccine doses administered per 100 people in China is 3.56, much lower than those in Israel, United Arab Emirates and the United States. In an online forum held by China's Tsinghua University and the Washington-based Brookings Institution on Monday, Zhong said the target was 40% by the end of June, citing his contacts at the Chinese Center for Disease Control and Prevention. However, in a phone call with Reuters on Tuesday, Zhong clarified that 40% target would be hit in July, after taking into account the proportion of people who do not want to be vaccinated. The 40% by the end of July would include people who have received either ... » Learn More about China aims to vaccinate 40% of population by end of July: Senior adviser

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