BEIJING: China reported a sharp decrease in new deaths and cases of the coronavirus on Saturday but a doubling of infections in South Korea, 10 new cases in Iran and a death in Italy added to unease about its rapid spread and global reach. Mainland China had 397 new confirmed cases of coronavirus infections on Friday, down from 889 a day earlier, but only 31 cases were outside of the virus epicentre of Hubei province, the lowest number since the National Health Commission started compiling nationwide data a month ago. But infection numbers continued to rise elsewhere, with outbreaks worsening in South Korea, Italy and Lebanon and Iran, prompting a warning from the World Health Organization that the window of opportunity to contain the international spread was closing.. South Korea saw another spike in infections, with 229 new confirmed cases, taking its tally to 433. Officials warned that could rise substantially as more than 1,000 people who attended a church at the centre of the … [Read more...] about Coronavirus: Italian towns on lockdown; infection clusters emerge in S Korea, Iran, Singapore
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What do you make of the comeback that the market saw this week? Do you think this is something that would be taken positively by the bulls? This is a positive development. The week began in a gloom and doom kind of a scenario, with the coronavirus scare threatening the entire global markets. But things have moved into the positive territory for Indian market, as well as some of the global markets, as the week progressed. So yes, there are a lot of positives to take home from this week’s trade. It is a truncated week in India and the bulls will be reasonably satisfied with what happened during these four days of trading. There are still a lot of headwinds and we need to see how the coronavirus thing pans out. We have to see how the global liquidity scenario progresses, and domestically, the decision on the AGR issue will be a key component determining the market mood going forward. What is your view on the Max Financial-Axis Bank deal? Do you think it is a deal which was … [Read more...] about NOCIL, Aarti, Deepak Nitrite, UPL excellent buys: Sudip Bandyopadhyay
Mainstream Tamil actors and character artistes have remarked that the culture in Tamil films is that production units seldom prioritise life and limbs over work and the product. Actor Vishal, who suffered an injury filming a stunt sequence for his last film, Action, thinks it is “necessary to take risks” for whistle-worthy moments on screen. In fact, he marketed the film by stating in a few interviews that he suffered over “100 injuries” making it. Actor Vishnu Vishal, who suffered a career-threatening injury while shooting the upcoming film Kaadan, has previously gone on record to document his “miraculous recovery”. Even actor Ajith was in the news recently for suffering a bike accident on the sets of his upcoming Valimai. … [Read more...] about The ‘Indian 2’ tragedy: How safe is it to work on the sets of Kollywood films?
Investment preference seems to be changing. A survey by UBS Global Research showed that in 2019,ownership has gone up for insurance, post office savings schemes and pension plans compared with equity/debt mutual funds (MFs) and shares, where it has declined. A survey of investors who have a bank account — either savings or current — by global investment bank UBS showed that 47 per cent of those surveyed held a life insurance policy and 33 per cent had ownership of plain-vanilla bank deposits. “As we have been highlighting, the attractive interest rate offered on government-sponsored small saving schemes versus banks’ term deposits is influencing household saving behaviour,” said Gautam Chhaochharia, analyst, and Ms Tanvee Gupta Jain, economist, at UBS Securities. The survey “UBS Evidence Lab”, the third urban consumer survey of about 1,064 participants, has other interesting findings. It indicated that a higher proportion of households is … [Read more...] about Investors prefer savings schemes & pension plans to risky bets: Survey
Terming India as “a melting pot of myriad cultures and traditions”, the CJI said, “We have assimilated legal cultures of all the civilisations that have come to our shores - the Mughals, the Portuguese, the French, the Dutch and finally the English.” Attorney General K K Venugopal also spoke at the gathering. He raised the issue of poverty and referred to the steps and welfare projects undertaken by successive governments to eradicate it. … [Read more...] about ‘Real rights are a result of performance of duty’: CJI Bobde