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Covid-19 Vaccinations Give Shot in Arm to Israeli Stocks

The world’s fastest Covid-19 vaccination rollout is drawing investors to Israel, making its stock market one of the top performers in 2021.

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CBIC moving to set up large battery of lawyers to fight rising number of GST litigations

CBIC moving to set up large battery of lawyers to fight rising number of GST litigations Overly aggressive attitude of tax authorities, demands being coerced sans show cause notices, making arrests to coerce recoveries, among reasons for tax payers to…

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‘Delinquencies have worsened, but not as bad as initially feared’

‘Delinquencies have worsened, but not as bad as initially feared’ The loan restructuring window has just ended, and it will take another 45 days for more clarity on defaults in the housing finance sector, said Mahesh The loan restructuring window…

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Rich people more likely to social distance amid Covid-19 pandemic, study finds

Rich people more likely to social distance amid Covid-19 pandemic, study finds “It was also much easier for people with more money to take extra safety measures” “It was also much easier for people with more money to take extra…

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If vaccines successful, economy may see record growth by Q3 in ’21, says Harsh Goenka

If vaccines successful, economy may see record growth by Q3 in ’21, says Harsh Goenka ‘We in RPG given go-ahead for capital expansion, possible acquisitions; all our plants are running at 100% capacity’ ‘We in RPG given go-ahead for capital…

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Diabetes drug ‘Metformin’ reduces Covid-19 mortality risk: Study

Diabetes drug ‘Metformin’ reduces Covid-19 mortality risk: Study According to a study carried out by the researchers at the University of Alabama at Birmingham, use of the diabetes drug metformin — before a diagno According to a study carried out…

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Vaio launches a new laptop series in India

Vaio launches a new laptop series in India Laptops come bundled with the new Windows 10 Home, MS Office 365, and a 3-in-1 sleeve Laptops come bundled with the new Windows 10 Home, MS Office 365, and a 3-in-1 sleeve…

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Photos of the day: January 15, 2021

Photos of the day: January 15, 2021 Źródło 15 January 2021, 10:52

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Solar rooftop: Only Discoms are authorised to implement the scheme, clarifies MNRE

Solar rooftop: Only Discoms are authorised to implement the scheme, clarifies MNRE Ministry clarifies after receiving complaints about higher charges Ministry clarifies after receiving complaints about higher charges Źródło 15 January 2021, 10:50

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ThoughtWorks receives $720 mn in investment at enterprise value of $4.6 bn

ThoughtWorks receives $720 mn in investment at enterprise value of $4.6 bn Proceeds to be used to buy back equity shares from existing investors Proceeds to be used to buy back equity shares from existing investors Źródło 15 January 2021,…

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Govt to start skills training under Pradhan Mantri Kaushal Vikas Yojana in 600 districts

Govt to start skills training under Pradhan Mantri Kaushal Vikas Yojana in 600 districts Under the scheme government will train 8 lakh candidates over next three months with an outlay of Rs 948.90 crore with focus on Covid-related skills. As…

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Japan minister says “anything can happen” with Tokyo Games

Japan minister says “anything can happen” with Tokyo Games Minister’s statements contradict the official government position and that of the local organizing committee Minister’s statements contradict the official government position and that of the local organizing committee Źródło 15 January…

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EC nod to use its data for Covid vaccination drive

EC nod to use its data for Covid vaccination drive Wants data to be deleted after exercise is over Wants data to be deleted after exercise is over Źródło 15 January 2021, 10:14

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Kotak Mahindra AMC signs up with Climate Action 100+

Kotak Mahindra AMC signs up with Climate Action 100+ Kotak Mahindra Asset Management Company has become a signatory to Climate Action 100+, which drives focus on clean energy transition and helps achie Kotak Mahindra Asset Management Company has become a…

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Why Maharashtra villages are rolling out the red carpet for “covid carrier” citizens?

Why Maharashtra villages are rolling out the red carpet for “covid carrier” citizens? About 14,000 villages in Maharashtra voted today to elect village panchayat and many villages are witnessing heated political duel About 14,000 villages in Maharashtra voted today to…

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ICSI National Awards: ITC adjudged ‘best governed company’

ICSI National Awards: ITC adjudged ‘best governed company’ ITC Limited has been adjudged ‘Best Governed Company’ at the 20th ICSI National Awards for Excellence in Corporate Governance, 2020 in the ‘Listed Se ITC Limited has been adjudged ‘Best Governed Company’…

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Nasscom launches Innovation Factory to promote AI in agriculture

Nasscom launches Innovation Factory to promote AI in agriculture Partners with Telangana Artificial Interlligence Mission; floats innovation challenge to develop solutions Partners with Telangana Artificial Interlligence Mission; floats innovation challenge to develop solutions Źródło 15 January 2021, 09:56

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Rahul Gandhi leads Congress protest in support of agitating farmers

Rahul Gandhi leads Congress protest in support of agitating farmers The Congress is taking out protest marches at all state capitals in the country and will gherao Raj Bhawans. The party is also protesting against fuel price hike. The Congress…

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PIA plane 'held back’ by Malaysian authorities over UK court case: Airline spokesman

PIA plane 'held back’ by Malaysian authorities over UK court case: Airline spokesman „A PIA aircraft has been held back by a local court in Malaysia taking a one-sided decision pertaining to a legal dispute between PIA and another party…

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U.S. Expands Chinese Investment Blacklist to Xiaomi

Smartphone giant Xiaomi became the latest Chinese technology group to be targeted by the Trump administration, with its surprise addition to an investment blacklist sending its shares sharply lower.

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Dabur India forays into cow ghee segment

Dabur India forays into cow ghee segment The product is prepared from milk sourced from indigenous cows bred in Rajasthan The product is prepared from milk sourced from indigenous cows bred in Rajasthan Źródło 15 January 2021, 09:46

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Fate of Joe Biden agenda rests with Chuck Schumer in 50-50 Senate

Fate of Joe Biden agenda rests with Chuck Schumer in 50-50 Senate A 38-year veteran of Congress who first came to the Senate during President Bill Clinton’s impeachment, Schumer is a 70-year-old bundle of energy with one overriding mandate: Help…

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CEAT to supply tyres for Royal Enfield’s 650cc Interceptor range

CEAT to supply tyres for Royal Enfield’s 650cc Interceptor range It is the first Indian manufacturer to supply tyres as original fitment for the Interceptor It is the first Indian manufacturer to supply tyres as original fitment for the Interceptor…

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Embassy REIT raises ₹2,600 crore debentures at 6.40% quarterly coupon

Embassy REIT raises ₹2,600 crore debentures at 6.40% quarterly coupon Debt-raise part of financing strategy for acquisition of Embassy TechVillage Debt-raise part of financing strategy for acquisition of Embassy TechVillage Źródło 15 January 2021, 09:33

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RAI urges government to accelerate formulation of national retail policy

RAI urges government to accelerate formulation of national retail policy In a pre-budget representation, seeks inclusion of them under MSMEs In a pre-budget representation, seeks inclusion of them under MSMEs Źródło 15 January 2021, 09:28

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Over 22 billion records exposed worldwide in 2020: Report

Over 22 billion records exposed worldwide in 2020: Report 35% of breaches linked to ransomware attacks that resulted in ‘tremendous financial cost’: Tenable’s 2020 Threat Landscape Retrospective (TLR) report 35% of breaches linked to ransomware attacks that resulted in ‘tremendous…

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UK economy shrank in November as new lockdown hit

UK economy shrank in November as new lockdown hit Britain’s economy shrank by 2.6% in November, the first monthly fall in output since the country was under its initial COVID lockdown last April as new restrictions were imposed to slow…

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Borrowing costs for Indian firms jump on steps to drain cash

Borrowing costs for Indian firms jump on steps to drain cash Average yields on three-year rupee bonds rated BBB have risen 28 basis points this week through Thursday, on track for their biggest weekly increase since 2018, according to data…

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United States down to 2,500 troops in Afghanistan, as ordered by Donald Trump

United States down to 2,500 troops in Afghanistan, as ordered by Donald Trump Afghanistan as a way to ensure that extremist groups like al-Qaida are unable to launch attacks on the United States, faces a number of questions on Afghanistan….

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2020 was one of three warmest years on record: World Meteorological Organisation

2020 was one of three warmest years on record: World Meteorological Organisation The warmest six years have all been since 2015, with 2016, 2019 and 2020 being the top three. The differences in average global temperatures among the three warmest…

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Mexico exonerates Ex-Defense Chief who was freed by the US

Mexico exonerates Ex-Defense Chief who was freed by the US The former defense minister, Gen. Salvador Cienfuegos Zepeda, had been accused by the U.S. authorities of taking bribes in exchange for protecting drug cartel leaders. He was arrested at the…

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View: Time to include climate-responsive budgeting

View: Time to include climate-responsive budgeting Recognising the importance of effective fiscal handling of climate change in the planning and management of domestic public finances, several initiatives have been launched by world leaders, including the Paris Collaborative on Green Budgeting…

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Volkswagen Group strengthens market position in 2020 and hits the ground running in e-offensive

Volkswagen Group strengthens market position in 2020 and hits the ground running in e-offensive The Volkswagen Group handed over 9,305,400 vehicles to customers worldwide in 2020, a decrease of 15.2 percent year-on-year due to Covid-19. In December, deliveries were down…

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India’s own internet economy stock eclipses Tesla’s mind-numbing rally

India’s own internet economy stock eclipses Tesla’s mind-numbing rally It is a little-known cloud service providing company based in Hyderabad, which has trumped all of the big shots named above. It is a little-known cloud service providing company based in…

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U.K. to Ban Travelers From South America Because of New Virus Strain

The move comes as concern grows over a new coronavirus variant that researchers believe emerged in the Brazilian Amazon, and the ban will also apply to travelers from Portugal and other places.

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Fannie, Freddie Taxpayer Stake Won’t Be Restructured Under Trump

The decision effectively ends the administration’s push to ensure that the mortgage giants are eventually returned to private hands.

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Jumia Shares Notch Third Straight Day of Gains

Citron Research, which once had a short position on Jumia, now believes the e-commerce company’s stock could grow.

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Banks Can’t Blacklist Entire Industries Under New Rule

The new regulation from the Office of the Comptroller of the Currency comes in response to complaints from oil-and-gas businesses.

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Carnival’s Wave Season Should Lift Its Shares

Even as many investors have given up, Carnival’s latest bookings update shows consumer demand for the cruise industry has far from sunk.

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FMCSA Proposes Pilot Program to Study Splitting Sleeper Berth Time

FMCSA Proposes Pilot Program to Study Splitting Sleeper Berth Time The Federal Motor Carrier Safety Administration has proposed a new pilot program that would give truck drivers more flexibility with splitting up time in the sleeper berth. The Federal Motor…

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Poshmark’s Stock Price More Than Doubles, Latest in String of Soaring IPOs

Poshmark’s strong trading debut reflected a soaring market for public offerings and expectations that demand for secondhand goods sold online will grow after the economy returns to more normal conditions.

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GameStop Stock Soars, and Social-Media Traders Claim Victory

Members of Reddit’s popular WallStreetBets forum have been touting the videogame retail for weeks.

Midwest furniture retailer Loves goes Chapter 11, blames Penske Logistics

Midwest furniture retailer Loves goes Chapter 11, blames Penske Logistics A startup Midwestern furniture retailer has filed for Chapter 11 bankruptcy protection less than a year after it began hiring management staff, and it is mostly blaming Penske Logistics for…

`All gas. No brakes’

`All gas. No brakes’ U.S. freight rates surged in December, setting the stage for a powerful pricing tailwind in 2021, according to a monthly index published by freight audit and payment firm Cass Information Systems Inc. (NASDAQ:CASS) and released on…

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U.S. Moves to Block Telecom Tech From China and Others Deemed Foes

It will be up to the Biden administration to follow through on the new rules, which also names Iran and North Korea.

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James Simons Steps Down as Renaissance Chairman

The investing pioneer is stepping back from his highly successful quant hedge fund.

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Iran Seeks Leverage in Nuclear Standoff With U.S.

European diplomats say moves by Iran to boost uranium enrichment aim to pressure Washington and President-elect Joe Biden to rejoin the multilateral nuclear deal and lift sanctions. But has Tehran gone too far?

Seroka: Port of LA ‘stayed the course’ during difficult 2020

Seroka: Port of LA ‘stayed the course’ during difficult 2020 Port of Los Angeles Executive Director Gene Seroka delivered a State of the Port address Thursday that reflected on Americans’ resiliency during the COVID-19 pandemic while looking ahead to economic…

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Stocks Slip Ahead of Biden’s Stimulus Speech

U.S. stocks closed lower as investors awaited a speech from President-elect Joe Biden that is set to detail the scale of his proposed spending package to support households and businesses through the pandemic.

Delta Air Lines adds to C-suite, cargo teams

Delta Air Lines adds to C-suite, cargo teams Delta Air Lines (NYSE: DAL) has added new leaders to its executive and cargo teams who will help with efforts for a financial turnaround in 2021.  The Atlanta-based carrier on Thursday reported…

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Biden to Unveil $1.9 Trillion COVID-19 Package in Political Test

Biden to Unveil $1.9 Trillion COVID-19 Package in Political Test President-elect Joe Biden on Jan. 14 will unveil a $1.9 trillion COVID-19 relief package, according to two people familiar with the matter, setting up his first legislative test in the…

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BlackRock Profit Rises 19% as Assets Surge to $8.7 Trillion

The investment company’s quarterly profit rose 19% as investors turned to the money-management giant’s funds through November’s election uncertainty, vaccine breakthroughs and a year-end rally.

Sales still booming to start January — Midday Market Update

Sales still booming to start January — Midday Market Update Trailer and retail sales remain strong in the new year Headlines Preliminary net trailer orders for December broke 40,000 for the fourth consecutive month, which is 155% higher year-over-year. Most…

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Israeli Vaccine Data Suggests Decrease in Covid-19 Infection Rate

Early data from Israel suggests Covid-19 infection rates began to decrease among a group of vaccine recipients two weeks after they received the first shot of the Pfizer-BioNTech vaccine, offering important insights to other countries as they roll out their…

CDL fraud could rise under relaxed requirements

CDL fraud could rise under relaxed requirements Tractor trailers and automobiles may share the roadways, but not everybody has the right to drive in the proverbial truck lane.  Obtaining a commercial driver’s license (CDL) is a rite of passage for…

Regulators propose more sleeper berth flexibility

Regulators propose more sleeper berth flexibility The Federal Motor Carrier Safety Administration (FMCSA) is looking for drivers to participate in a proposed pilot program to evaluate splitting the 10-hour sleeper berth rest time into 6/4 and 5/5 periods. According to…

Online retailers pay almost double in logistics costs

Online retailers pay almost double in logistics costs This is an excerpt from Thursday’s Point of Sale retail supply chain newsletter. (Chart: Gartner) Retailers with more than 50% of revenue from the online channel have logistics costs as a percentage of sales…

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New President, Congress to Find Bipartisanship With Infrastructure, Lawmakers Say

New President, Congress to Find Bipartisanship With Infrastructure, Lawmakers Say A number of lawmakers and transportation stakeholders express optimism about the potential for advancing various infrastructure funding initiatives this year. A number of lawmakers and transportation stakeholders express optimism about…

Drilling Deep: C.H. Robinson’s O’Brien on the driver for retail supply chain transparency

Drilling Deep: C.H. Robinson’s O’Brien on the driver for retail supply chain transparency C.H. Robinson and SAS form an “unprecedented” partnership aimed at the freer flow of information in the retail supply chain. On this week’s Drilling Deep podcast, Chris…

Rethinking freight procurement and the RFP process

Rethinking freight procurement and the RFP process As better market information and transparency inform logistics procurement, wasteful and inefficient request-for-proposal (RFP) processes are coming under pressure and in many cases being entirely reconceived. It takes a long time to complete…