Kotak Mahindra Bank. (Photo: Pradeep Gaur/Mint)
Poster in Ahemdabad showing a picture of USA President Donald Trump and Prime Minister Narendra Modi ahead of Trump's two-day visit to India. (Photo: ANI)
Photo: HT
Jet Airways has accumulated losses of more than  ₹13,000 crore. (Mint )
Jet Airways has accumulated losses of more than 13,000 crore. (Mint )

Jet Airways: CoC decides to extend deadline for bids to 10 March

  • The deadline for submitting the bids for Jet Airways, which is undergoing insolvency process, ended on Monday
  • The cash-strapped airline, which was grounded in April 2019, owes more than 8,000 crore to banks, with those from the public sector having significant exposure

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Finance minister Nirmala Sitharaman will chair a meeting of secretaries on Wednesday to chart a course of action.
Gold rates today: On MCX, gold futures fell to  ₹41,375 per 10 gram
EU citizens and other non-visa nationals will not require a visa to enter the UK when visiting the UK for up to six months. (iStock)
EU citizens and other non-visa nationals will not require a visa to enter the UK when visiting the UK for up to six months. (iStock)

UK gets ready for new points-based visa system; India may benefit

  • The new system will come into force from 1 January 2021
  • The new points-based system will also expand the skills threshold for skilled workers

Kotak Mahindra Bank (Aniruddha Chowdhury/Mint)

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'I want India-America relations to remain strong. Every Friday I fast for Trump's long life,' said Bussa Krishna. (ANI)
'I want India-America relations to remain strong. Every Friday I fast for Trump's long life,' said Bussa Krishna. (ANI)

Meet Donald Trump's superfan who fasts for his long life

  • Bussa Krishna, however, is not just any fan but considers himself to be a devotee of the POTUS
  • He has even installed a 6-feet statue of the US President near his house and offers prayers daily

The US delegation head Rita Baranwal said the visit aimed to open a new chapter in civil nuclear energy partnership.
The US delegation head Rita Baranwal said the visit aimed to open a new chapter in civil nuclear energy partnership.

Nuclear ties in focus ahead of Trump visit

  • The US delegation held talks for collaborating in R&D, advanced nuclear tech and offered nuclear power plants
  • The US team was the largest to visit India since the two nations eased differences over civil nuclear liability in 2015

Abbott claims he was told within a week of it vanishing that Malaysia believed the captain had intentionally downed the jet
Abbott claims he was told within a week of it vanishing that Malaysia believed the captain had intentionally downed the jet

Top Malaysian officials saw MH370 as murder-suicide, claims ex-Australia PM

  • The disappearance of the plane has long been the subject of a host of theories
  • Former Australian PM Tony Abbott claims he was told within a week of it vanishing that Malaysia believed the captain had intentionally downed the jet

A Boeing 737 MAX aircraft is seen grounded at a storage area. (REUTERS)
Hong Kong was able to recover quickly from SARS in large part due to tourism spending from a booming Chinese economy
Hong Kong was able to recover quickly from SARS in large part due to tourism spending from a booming Chinese economy

Coronavirus: Hong Kong is latest casualty as it heads for recession

  • Economists’ forecasts since the start of February point to a contraction of more than 1% this year, following a 1.2% decline in 2019
  • Hong Kong is facing 'tsunami-like' shocks and spending pressure from repeated stimulus measures

Kumar Mangalam Birla, Vodafone Idea chairman (Photo: Pradeep Gaur/Mint)
AAP national convenor and Delhi Chief Minister Arvind Kejriwal. (Photo: PTI)
AAP national convenor and Delhi Chief Minister Arvind Kejriwal. (Photo: PTI)

Opinion | It’s evident that Kejrinomics is neither scalable nor replicable

The Delhi model of freebies may have stayed within fiscal limits but it’s no template for other states

Twitter, however, did not disclose the amount it paid for the acquisition (Reuters)
Sensex jumped over 400 points in early trade
(File photo) George Soros, Founder and Chairman of the Open Society Foundations (AP)
(File photo) George Soros, Founder and Chairman of the Open Society Foundations (AP)

Remove Zuckerberg and Sandberg from Facebook, says George Soros

  • Facebook last month refuted allegations by Soros that there is a special relationship between the social networking giant and Trump
  • Soros had slammed Facebook at Davos, accusing the social networking giant of helping to re-elect Trump in the 2020 US elections

Pakistan PM Imran Khan. Islamabad is looking for a favourable outcome from the FATF Paris plenary (Reuters)
Indian Institute of Technology Ropar and Institute of Chemical Technology are entering the ranking for the first time, and both debut in the top 100. (Mint)
Indian Institute of Technology Ropar and Institute of Chemical Technology are entering the ranking for the first time, and both debut in the top 100. (Mint)

11 Indian universities in top 100 for emerging economies

  • The Indian Institute of Science (IISc), ranked 16th, is India’s top-ranked institution followed by the Indian Institute of Technologies (IITs)
  • A total of 56 Indian universities appear in the full ranking of a total of 533 universities across emerging economies of the world

Rishi Sunak tweeted that he was 'cracking on with preparations'
US President Donald Trump is scheduled to visit India on February 23-24 (Photo: Reuters)
Akriti Khatri (right), founder of Venus Detective Agency, explains the nitty-gritty of investigation to her students in Noida.
Democratic presidential contender Michael Bloomberg (REUTERS)
Democratic presidential contender Michael Bloomberg (REUTERS)

Michael Bloomberg to sell his company if elected US president

  • Michael Bloomberg said before he would likely sell Bloomberg LP if elected, which his campaign affirmed on Tuesday
  • Bloomberg campaign said the process of selling the company would begin with putting it in a blind trust and then selling it

The intervention is not the first Trump has made against his China hardliners. Photo: Sam Loeb/Reuters
Energy minister R.K. Singh said the draft of the legal framework is almost ready.
Illistration: Jayachandran/Mint
Illistration: Jayachandran/Mint

India still desperately seeking green shoots

  • High-frequency indicators show a small festive season consumption bump in late-2019. But is it a mirage?
  • In this scenario, govt spending will continue to be important. But the economy is not generating enough taxes for the govt to spend. The tax kitty was down 10.6% in Q3.

Donald Trump will be welcomed with garlands made of 'khadi' (hand-woven fabric)
Rosneft has been evading sanctions by using ship-to-ship transfers to obtain Venezuelan oil, a US official said
Rosneft has been evading sanctions by using ship-to-ship transfers to obtain Venezuelan oil, a US official said

US sanctions Rosneft unit for maintaining ties to Venezuelan oil trade

  • The move represents the latest escalation in the Trump administration’s campaign to oust Maduro
  • Russian government said the sanctions won't affect its international relations with Venezuela or any other country

Jim Farley joined Ford in 2007 as global head of Marketing and Sales (AP)
Jim Farley joined Ford in 2007 as global head of Marketing and Sales (AP)

$2 million: Ford’s newly appointed COO Jim Farley gets a raise

  • Farley will receive as much as $1.98 million in extra salary, bonus and stock in his new role
  • Ford has been on a losing streak, following the botched launch of the Explorer sport utility vehicle

Vodafone Idea has 304 million subscribers out of which 104 million are 4G users.
Jeff Bezos
Photo: Pradeep Gaur/Mint
Photo: Pradeep Gaur/Mint

Opinion | The Centre could yet ride to the telecom sector’s rescue

Licence fees calculated solely on the basis of telecom revenues would let this vital market thrive

Chief Minister of Karnataka B.S. Yediyurappa listening to the fellow members during the session of Legislative Assembly at Vidhana Soudha in Bengaluru on Tuesday (Photo: ANI)
Chief Minister of Karnataka B.S. Yediyurappa listening to the fellow members during the session of Legislative Assembly at Vidhana Soudha in Bengaluru on Tuesday (Photo: ANI)

Karnataka BJP denies revolt brewing as mystery letter criticising BSY surfaces

  • 'The talk of about 20 loyal MLAs ganging up against Yediyurappa is a speculation as rumour mills are working overtime,' said party spokesman G. Madhusudhana
  • The unsigned letter, in Kannada, circulating in the social media has been termed as 'bogus'

Photo: Bloomberg
Under the new criteria, companies should be a part of Nifty 500 at the time of review. (Mint )
Under the new criteria, companies should be a part of Nifty 500 at the time of review. (Mint )

Yes Bank to be dropped from Nifty 50 from 27 March; Shree Cement to move in

  • Adani Transmission, IDBI Bank, Info Edge (India) Ltd, Larsen & Toubro Infotech and Torrent Pharmaceuticals would be added in Nifty Next 50 index
  • NSE Indices' Index Maintenance Sub-Committee has decided to make the replacement of stocks in various indices as part of its periodic review

Jet Airways was grounded on 18 April 2019 as a result of a severe cash crunch. (Mint)
The fatality rate for confirmed cases is 2.3% — 2.8% for males versus 1.7% for females.
The fatality rate for confirmed cases is 2.3% — 2.8% for males versus 1.7% for females.

Coronavirus live update: Russia bans Chinese citizens over virus concerns

  • The death toll from China's coronavirus outbreak climbed to 1,886 on Tuesday as 98 more people died while the total number of confirmed cases jumped to 72,436
  • WHO warned against 'blanket measures' over the novel coronavirus outbreak, pointing out the epidemic outside of China was only affecting a 'tiny' proportion

C-17 Globemaster transport aircraft of the Indian Air Force. (PTI)
Mark to Market
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Photo: iStock
Photo: iStock

Opinion | The Will. The Witness. And the Will Party

Have a Will party in your 40s and change the Will as you go along if you need to

RBI will ensure that its borrowing programme is undertaken in a non-disruptive manner, says governor Shaktikanta Das.  (Photo: PTI)
RBI will ensure that its borrowing programme is undertaken in a non-disruptive manner, says governor Shaktikanta Das. (Photo: PTI)

No reason to doubt that 3.5% fiscal deficit target will be met: RBI's Das

  • Das said the government has remained within the limits set by the FRBM Committee for the budget deficit
  • The fiscal deficit is the shortfall in a government's income compared with its spending

A sustained weakness in ONGC’s production has been a concern. Photo: Bloomberg
A logo sits on a window at a HSBC Holdings Plc bank branch in the City of London. (Bloomberg)
A logo sits on a window at a HSBC Holdings Plc bank branch in the City of London. (Bloomberg)

HSBC rakes in $1 billion pre-tax profit from India operations in 2019

  • HSBC's overall tax payments in India increased to $398 million from the $384 million in the year-ago period
  • The number of customer accounts in India grew to 14,935 at the end of 2019 as against 14,210 in the year-ago period

Photo: iStock
Photo: iStock
Microsoft CEO Satya Nadella addresses a news conference (REUTERS)
Microsoft CEO Satya Nadella addresses a news conference (REUTERS)

What can India expect from Satya Nadella's visit as Donald Trump arrives

  • The company is organising 'Future Decoded Summits' in Mumbai and Bengaluru, respectively
  • Prime Minister Narendra Modi has on several occasions stressed on the importance of leveraging emerging technologies like AI and ML to solve India's critical problems

Medical workers in protective suits attend to novel coronavirus patients at the intensive care unit of a designated hospital in Wuhan, Hubei province  (Photo: Reuters)
Medical workers in protective suits attend to novel coronavirus patients at the intensive care unit of a designated hospital in Wuhan, Hubei province (Photo: Reuters)

Coronavirus fatal for elderly, patients with existing conditions, says study

  • The study noted that people with ages 80 and above had the highest case fatality rate of all age groups at about 15%
  • It said the death rate from the disease for males was 2.8% and that for females was about 1.7%

Plain Facts
People wearing face masks, walk past an Apple store at a shopping mall, as the country is hit by an outbreak of the new coronavirus, in Beijing, China (Photo: Reuters)
People wearing face masks, walk past an Apple store at a shopping mall, as the country is hit by an outbreak of the new coronavirus, in Beijing, China (Photo: Reuters)

US stocks fall as Apple's surprise sales warning raises China virus concerns

  • The maker of iPhones said it will fall short of its revenue forecasts in the fiscal second quarter because of production problems in China
  • Walmart forecasts downbeat online sales growth; Kroger jumps as Berkshire Hathaway reveals $549 mn stake

Long Reads
India falls in the rankings because of rising inflation, the weakening rupee and subdued stock market performance (Photo: Reuters)
India falls in the rankings because of rising inflation, the weakening rupee and subdued stock market performance (Photo: Reuters)

India falls in EM league tables

Among ten key emerging markets, India slipped to the sixth position in January, Mint’s Emerging Markets Tracker shows

Photo: Mint
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The coaches also have a GPS-based audio-visual passenger information system, on-board hotspot Wi-Fi and comfortable seating arrangements. (PTI)
The coaches also have a GPS-based audio-visual passenger information system, on-board hotspot Wi-Fi and comfortable seating arrangements. (PTI)

Vande Bharat Express completes 1 year, earns 92 crore for railways

  • The coaches also have a GPS-based audio-visual passenger information system, on-board hotspot Wi-Fi and comfortable seating arrangements
  • Vande Bharat covers the distance between New Delhi and Varanasi in eight hours and runs on all days of the week, except Monday and Thursday

The notices were issued after reports from the police, the Unique Identification Authority of India (UIDAI) said. (Mint )
The notices were issued after reports from the police, the Unique Identification Authority of India (UIDAI) said. (Mint )

Aadhaar: UIDAI issues notices to 127 people in Hyderabad

  • The notices were issued after reports from the police, the Unique Identification Authority of India (UIDAI) said
  • The 127 people have been asked to appear before the UIDAI deputy director in Hyderabad for a personal hearing on 20 February