UAE airlines say years needed to restore demandFollow UsShare ViaCopy LinkDubai | Agence France-PresseTop executives of Emirates and Etihad, two of the Middle East’s biggest airlines, have said passenger demand may not return to pre-coronavirus crisis levels until 2023.About 85 percent of the world’s airlines could face financial distress by the end of the year without government aid, Emirates President Tim Clark and Etihad CEO Tony Douglas told a video conference hosted by the US-UAE Business Council last week.Clark and Douglas reiterated their beliefs that until an effective vaccine for...…UAE airlines say years needed to restore demandFollow UsShare ViaCopy LinkDubai | Agence France-PresseTop executives of Emirates and Etihad, two of the Middle East’s biggest airlines, have said passenger demand may not return to pre-coronavirus crisis levels until 2023.About 85 percent of the world’s airlines could face financial distress by the end of the year without government aid, Emirates President Tim Clark and Etihad CEO Tony Douglas told a video conference hosted by the US-UAE Business Council last week.Clark and Douglas reiterated their beliefs that until an effective vaccine for...WW…

Domestic markets open lower; Sensex plunges 1400 points, Nifty below 9500Follow UsShare ViaCopy LinkHindustan Times, New Delhi | HT Correspondent | Edited by: Meenakshi RayThe benchmark indices opened lower on Monday tracking weak cues from the global markets amid rising tensions between the US and China over the coronavirus pandemic.US president Donald Trump revived a threat of new tariffs against China in response to the Covid-19 pandemic, which has brought global economies to a grinding halt. Sensex opened 969 points lower at 32,768 and NSE Nifty fell 326 points lower to 9,553.The BSE...…Domestic markets open lower; Sensex plunges 1400 points, Nifty below 9500Follow UsShare ViaCopy LinkHindustan Times, New Delhi | HT Correspondent | Edited by: Meenakshi RayThe benchmark indices opened lower on Monday tracking weak cues from the global markets amid rising tensions between the US and China over the coronavirus pandemic.US president Donald Trump revived a threat of new tariffs against China in response to the Covid-19 pandemic, which has brought global economies to a grinding halt. Sensex opened 969 points lower at 32,768 and NSE Nifty fell 326 points lower to 9,553.The BSE...WW…

Sensex, Nifty end higher as Reliance gains, bargain hunters chip inFollow UsShare ViaCopy LinkBengaluru | Reuters | Posted by Arpan RaiIndian shares recovered from a sharp early drop to end higher on Friday, helped by gains in heavy-weight Reliance Industries, with investors seeking bargains as the indexes registered their first weekly loss in three.The NSE Nifty 50 index and the benchmark S&P BSE Sensex fell more than 3.5% each, earlier in the day on concerns over a surge in domestic coronavirus cases and a global sell-off in riskier assets.The indexes, however, recovered with the...…Sensex, Nifty end higher as Reliance gains, bargain hunters chip inFollow UsShare ViaCopy LinkBengaluru | Reuters | Posted by Arpan RaiIndian shares recovered from a sharp early drop to end higher on Friday, helped by gains in heavy-weight Reliance Industries, with investors seeking bargains as the indexes registered their first weekly loss in three.The NSE Nifty 50 index and the benchmark S&P BSE Sensex fell more than 3.5% each, earlier in the day on concerns over a surge in domestic coronavirus cases and a global sell-off in riskier assets.The indexes, however, recovered with the...WW…

Coronavirus Outbreak/ /Updated:The findings were published in the preprint server bioRxiv, which puts scientific papers in the public domain before peer-review.(AFP photo for representation)A mutation in the coronavirus strain isolated in India has the potential to jeopardise global efforts to develop a vaccine against Covid-19, which has infected 2 million people and killed at least 126,000 in four months, according to a preliminary analysis of 106 Sars-CoV-2 and 39 SARS genome sequences.Scientists, however, warn against reliance on a single sample and say further confirmation is...…Coronavirus Outbreak/ /Updated:The findings were published in the preprint server bioRxiv, which puts scientific papers in the public domain before peer-review.(AFP photo for representation)A mutation in the coronavirus strain isolated in India has the potential to jeopardise global efforts to develop a vaccine against Covid-19, which has infected 2 million people and killed at least 126,000 in four months, according to a preliminary analysis of 106 Sars-CoV-2 and 39 SARS genome sequences.Scientists, however, warn against reliance on a single sample and say further confirmation is...WW…

Yes Bank posts surprise return to profit on bond write-backFollow UsShare ViaCopy LinkBloomberg | Posted by: Shankhyaneel SarkarYes Bank Ltd., the Indian lender that had to be rescued in March, unexpectedly returned to profit last quarter thanks to a write-back on bond payments.Net income totaled 26.3 billion rupees ($347 million) in the three months ended March 31, compared with a loss of 15.1 billion rupees a year earlier, the Mumbai-based bank said late Wednesday. Analysts expected a loss of 42.2 billion rupees, according to estimates compiled by Bloomberg. Excluding the bond write-back,...…Yes Bank posts surprise return to profit on bond write-backFollow UsShare ViaCopy LinkBloomberg | Posted by: Shankhyaneel SarkarYes Bank Ltd., the Indian lender that had to be rescued in March, unexpectedly returned to profit last quarter thanks to a write-back on bond payments.Net income totaled 26.3 billion rupees ($347 million) in the three months ended March 31, compared with a loss of 15.1 billion rupees a year earlier, the Mumbai-based bank said late Wednesday. Analysts expected a loss of 42.2 billion rupees, according to estimates compiled by Bloomberg. Excluding the bond write-back,...WW…

Covid-19: Nikki Haley launches ‘Stop Communist China’ campaignFollow UsShare ViaCopy LinkWashington | Press Trust of IndiaAsserting that China’s Communist government needs to be held accountable for “lying” about the coronavirus pandemic, top Indian-American Republican politician Nikki Haley has launched an online petition urging the US Congress to act.More than 40,000 people have signed the ‘Stop Communist China’ petition by Friday night, hours after being launched by the former governor of South Carolina who has set a goal of getting 100,000 signatures.“China’s Communist government needs...…Covid-19: Nikki Haley launches ‘Stop Communist China’ campaignFollow UsShare ViaCopy LinkWashington | Press Trust of IndiaAsserting that China’s Communist government needs to be held accountable for “lying” about the coronavirus pandemic, top Indian-American Republican politician Nikki Haley has launched an online petition urging the US Congress to act.More than 40,000 people have signed the ‘Stop Communist China’ petition by Friday night, hours after being launched by the former governor of South Carolina who has set a goal of getting 100,000 signatures.“China’s Communist government needs...WW…

Why North Korean leader Kim Jong Un’s health mattersFollow UsShare ViaCopy LinkSeoul | Agence France-PresseNearly three weeks after North Korean leader Kim Jong Un’s no-show at a key event sparked rumours he was seriously ill or even dead, state media published photos Saturday showing him in public.Kim’s conspicuous absence from the April 15 celebrations for the birthday of his grandfather, the North’s founder, sparked feverish speculation over his health and who would replace him at the helm of the nuclear-armed country.It is not the first time . In 2014, he dropped out of sight for nearly...…Why North Korean leader Kim Jong Un’s health mattersFollow UsShare ViaCopy LinkSeoul | Agence France-PresseNearly three weeks after North Korean leader Kim Jong Un’s no-show at a key event sparked rumours he was seriously ill or even dead, state media published photos Saturday showing him in public.Kim’s conspicuous absence from the April 15 celebrations for the birthday of his grandfather, the North’s founder, sparked feverish speculation over his health and who would replace him at the helm of the nuclear-armed country.It is not the first time . In 2014, he dropped out of sight for nearly...WW…

Pak army major, 6 soldiers killed in landmine blast in south BalochistanFollow UsShare ViaCopy LinkHindustan Times, New Delhi |Six Pakistan army soldiers including an officer died in a landmine blast in southern Balochistan on Friday, according to a Pakistan military spokesperson. The explosion, triggered by a remote- controlled device, went off on the road 14 km from the Pakistan-Iran border.The military spokesperson said the vehicle of the Frontier Corps South Balochistan was attacked when it was returning from Buleda, a small valley north of Turbat in Kech district. The military...…Pak army major, 6 soldiers killed in landmine blast in south BalochistanFollow UsShare ViaCopy LinkHindustan Times, New Delhi |Six Pakistan army soldiers including an officer died in a landmine blast in southern Balochistan on Friday, according to a Pakistan military spokesperson. The explosion, triggered by a remote- controlled device, went off on the road 14 km from the Pakistan-Iran border.The military spokesperson said the vehicle of the Frontier Corps South Balochistan was attacked when it was returning from Buleda, a small valley north of Turbat in Kech district. The military...WW…

Corona Kit: Baba Ramdev’s Patanjali launches ayurvedic medicine for coronavirus, claims 100% recovery within 3-7 daysFollow UsShare ViaCopy LinkHaridwar, Uttarakhand | Asian News International | Posted by: Alfea JamalPatanjali on Tuesday launched ‘Coronil and Swasari’, what it claims is the Ayurvedic cure for treating COVID-19, which they said has been shown 100 per cent favourable results during clinical trials on affected patients, at Patanjali Yogpeeth here. The efficacy of Patanjali’s medicine on Covid cure has not been corroborated by any independent medical body as of yet. The World...…Corona Kit: Baba Ramdev’s Patanjali launches ayurvedic medicine for coronavirus, claims 100% recovery within 3-7 daysFollow UsShare ViaCopy LinkHaridwar, Uttarakhand | Asian News International | Posted by: Alfea JamalPatanjali on Tuesday launched ‘Coronil and Swasari’, what it claims is the Ayurvedic cure for treating COVID-19, which they said has been shown 100 per cent favourable results during clinical trials on affected patients, at Patanjali Yogpeeth here. The efficacy of Patanjali’s medicine on Covid cure has not been corroborated by any independent medical body as of yet. The World...WW…

‘Didn’t follow lockdown, I am sorry’: Uttarakhand Police ask 10 foreigners to write 500 timesFollow UsShare ViaCopy LinkHindustan Times, Dehradun |The Uttarakhand Police on Saturday caught ten foreigners flouting lockdown norms and loitering near the Ganga River in Rishikesh, and handed out a novel punishment to make them toe the line. They told the ten foreigners to write “I didn’t follow lockdown. I am sorry” at least 500 times on a piece of paper and hand it over to themThese foreigners hail from Israel, Australia, Mexico and some other European countries, the police said.The incident...…‘Didn’t follow lockdown, I am sorry’: Uttarakhand Police ask 10 foreigners to write 500 timesFollow UsShare ViaCopy LinkHindustan Times, Dehradun |The Uttarakhand Police on Saturday caught ten foreigners flouting lockdown norms and loitering near the Ganga River in Rishikesh, and handed out a novel punishment to make them toe the line. They told the ten foreigners to write “I didn’t follow lockdown. I am sorry” at least 500 times on a piece of paper and hand it over to themThese foreigners hail from Israel, Australia, Mexico and some other European countries, the police said.The incident...WW…