Vietnam is well out in front in the global race to replace some of China’s export production. (AP)
Vietnam is well out in front in the global race to replace some of China’s export production. (AP)

Why India is flagging in China+1 sweepstakes

Exports were up 18% year on year in September on the back of a 26% jump in computers/components exports and a 63% jump in machinery/accessories exports in the third quarter

Jet airways Aircraft taxis for take off at Mumbai International Airport in Mumbai, on July 24, 2009. Photograph: ABHIJIT BHATLEKAR/MINT
Jet airways Aircraft taxis for take off at Mumbai International Airport in Mumbai, on July 24, 2009. Photograph: ABHIJIT BHATLEKAR/MINT

Jet will need more capital post-rescue

  • The winning bidders are expected to restart Jet’s operations by April 2021
  • Challenges for the beleaguered airline include its heavy debt and high costs of restarting operations, amid low travel demand

Finance Minister Nirmala Sitharaman attends CAPEX Performance Meeting through video conferencing, at North Block in New Delhi, Monday (PTI)
Finance Minister Nirmala Sitharaman attends CAPEX Performance Meeting through video conferencing, at North Block in New Delhi, Monday (PTI)

Finance minister hints at another round of stimulus package in FY21

  • Sitharaman was speaking at the virtual launch of the autobiography of 15th Finance Commission chairman N.K. Singh, titled 'Portraits of Power: Half a Century of Being at Ringside'
  • Last week, expenditure secretary T.V. Somanathan said though nothing is planned yet, another stimulus cannot be ruled out

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Prime Minister Narendra Modi at the inaugural function of Grand Challenges Annual Meeting 2020 (ANI)
The Blackstone Group LP logo hangs in the company's offices (Photo: istock)
Photo: Mint
Former Reserve Bank of India Deputy Governor Viral Acharya  (Reuters)
Former Reserve Bank of India Deputy Governor Viral Acharya (Reuters)

India must not repeat mistake of neglecting bank recapitalisation: Viral Acharya

  • 'This lack of focus is tantamount to kicking the can down the road and jettisoning financial stability for short-term gains,' says the former RBI deputy governor
  • Restoring banks' capital is critical for aiding a meaningful recovery, but there has been little focus on the matter, says Acharya

Screen grab from a video shared on Twitter by Xiaomi (Xiaomi)

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(Photo: AFP)
L&T emerged as the lowest bidder after the National High-Speed Rail Corporation (NHSRCL) opened financial bids submitted by the three infrastructure development firms
A medic at a hospital receives the Sputnik-V vaccine against the new coronavirus. (REUTERS)
Health Minister Harsh Vardhan. (MINT_PRINT)
FILE PHOTO: World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus attends a news conference in Geneva Switzerland. (REUTERS)
Every NFO is adding international stock exposure like it’s a panacea for improving performance (PTI)
Every NFO is adding international stock exposure like it’s a panacea for improving performance (PTI)

Chasing investing trends will not make you rich

The plethora of real-time information available, makes investors check their investments ever so often

Blackstone  (Bloomberg)
Blackstone (Bloomberg)

Global funds place larger bets in India’s office assets

  • Last week, Bengaluru developer Prestige Group signed an agreement with Blackstone to sell rental income assets for around $1.6 billion
  • Analysts attribute the increased enthusiasm of foreign investors to buy office assets mainly to the success of the two real estate investment trusts so far

Finance Minister Nirmala Sitharaman attends CAPEX Performance Meeting through video conferencing, at North Block in New Delhi, Monday (PTI)
BSE Sensex ended nearly 450 points higher at 40,431.
UNICEF said it was also buying five million safety boxes for used syringes (AP)
India is unlikely to be anywhere near its fiscal deficit target of 3.5% of GDP for 2020/21
India is unlikely to be anywhere near its fiscal deficit target of 3.5% of GDP for 2020/21

Govt asks at least 8 PSUs to consider buybacks: Report

  • The firms asked include miner Coal India , power utility NTPC, minerals producer NMDC and Engineers India Ltd: Report

Delhi Environment Minister Gopal Rai  (PTI)
In this file photo, an Indian Army truck crosses Chang la pass near Pangong Lake in Ladakh region (Photo: AP)
In this file photo, an Indian Army truck crosses Chang la pass near Pangong Lake in Ladakh region (Photo: AP)

Chinese soldier captured in Ladakh

  • The soldier is in the custody of the Indian Army and Indian agencies are probing whether there was any espionage involved, according to the report

Kalyan Jewellers designs, manufactures and sells a wide range of gold, studded and other jewellery products
Kalyan Jewellers designs, manufactures and sells a wide range of gold, studded and other jewellery products

Kalyan Jewellers gets go ahead for 1,750 crore IPO

  • Kalyan Jewellers' promoter T S Kalyanaraman would be offloading shares worth up to 250 crore
  • The proceeds from the fresh issue of shares would be utilised for working capital requirements and general corporate purpose

He is among those ministers, MLAs, and other public representatives who were infected with the virus Photo via Twitter
Employees wear a mask at a startup company (AP)
Employees wear a mask at a startup company (AP)

Welcome aboard, well, virtually: How to start a new job amid pandemic

  • Tech giants like Apple and Amazon are eyeing an early-2021 return to office life, Google is aiming for next July, and some – like Twitter and Slack – are even suggesting that the work-from-home shift could be permanent
  • Here are few tips on how companies can make employees feel welcome from a distance – and how just-hired staffers can navigate this bizarro world

Photo: Aniruddha Chowdhury/Mint
The all-new Mahindra Thar was launched on 2 October.
South Dinajpur: An idol of Goddess Durga at coronavirus theme-based community puja pandal for worship ahead of the Durga puja festival, at Balurghat in South Dinajpur district. (PTI)
Reliance Jio (Reuters)
(Illustration: Reuters)
iStockphoto
An artist paints a graffiti of Hindu goddess Durga on a wall, part of a campaign ahead of upcoming Durga Puja festival, in Kolkata. (PTI )
An artist paints a graffiti of Hindu goddess Durga on a wall, part of a campaign ahead of upcoming Durga Puja festival, in Kolkata. (PTI )

Covid-19: Durga Puja pandals to be no-entry zones for visitors, says Calcutta HC

  • All 34,000 Durga Puja pandals in the state to be made 'No-Entry' zone for visitors
  • The court also directs that list of names of organisers to be put up outside pandals and only they can enter for puja-related works

Special ladies Mumbai local train flagged off by Central railway on the occasion of CR' 68th Foundation day, in Mumbai on Tuesday. (ANI Photo)
All the parties were required to finalise the wage settlement within a period of ninety days from July 22, 2020 (REUTERS)
Photo: Indranil Bhoumik/Mint
The parliamentary committee members would also be assessing what was the impact of EPFO during nationwide lockdown and the impact of covid-19 pandemic on EPFO (MINT_PRINT)
The parliamentary committee members would also be assessing what was the impact of EPFO during nationwide lockdown and the impact of covid-19 pandemic on EPFO (MINT_PRINT)

Parliamentary panel to scrutinize EPFO corpus, benefit to workers

  • This is the first time in the last one year when EPFO will come under parliamentary scrutiny
  • The standing committee on Labour is also planning to look at ways to make EPFO more fruitful for working class, organized and unorganized sectors

The order clears the plans of Adani Enterprises to operate the Thiruvananthapuram  airport for which the company had won rights in an auction in August.
Gold prices have lost momentum since hitting a record high of  ₹56,200 in August. the yellow metal is hovering around  ₹50,000 currently. (Photo: Reuters)
Gold prices have lost momentum since hitting a record high of 56,200 in August. the yellow metal is hovering around 50,000 currently. (Photo: Reuters)

Selling gold? Income tax rules depend on the form of yellow metal

The most common way of buying gold is in the form of jewelry and coins. The taxation for this form of gold depends on the time period for which you held the gold jewelry or coins.

Dr. Scott Atlas, member of the White House Coronavirus Taskforce, (AFP)
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