Post RBI policy, no immediate gains for borrowers, but depositors to suffer

• RBI adopted unconventional measures to bring down the cost of funds for banks
• If lending rates come down, auto and realty sectors could witness a pick-up in sales

Why debt restructuring alone cannot save Suzlon Energy

• Lack of funds and tight liquidity conditions have hampered execution, resulting in a loss of market share
• In an industry that constantly invests to lower costs of energy, playing catch-up can be tough for Suzlon, unless it finds a strategic partner

New-age streaming starlets make a splash on big screen

• Wide and convenient reach of the web responsible for filmmakers scouting for talent from streaming platforms
• India’s total internet subscriber base stands at 637 million, up 29% year-on-year

What value may lie within the doors of LIC

• The Centre’s ₹2.1 trillion disinvestment bet may rely heavily on a stake sale in LIC. What are the odds of a windfall?
• LIC will have to review its profit- sharing arrangement and improve product mix, persistency ratios for a decent valuation. Fears of government influence continue to loom over the valuation

Government may hire auditors to settle AGR dues row

• The exercise, if successful, may help telcos and govt reach middle ground
• Vodafone Idea owes ₹50,000 cr, of which it has paid ₹2,500 cr on Monday and another ₹1,000 cr on Thursday

Homeland security to IP rights, Donald Trump visit to help seal five pacts

• Discussions are slated to span the gamut of bilateral, regional and global issues
• Another pact expected to be signed is the $2.6 billion deal for 24 Seahawk helicopters for the Indian Navy

Review: Samsung's new Galaxy Z Flip foldable phone

• The Galaxy Z Flip is Samsung’s second try at a compelling foldable device after last year’s Galaxy Fold
• The Flip was released on Valentine’s Day this year and sold out on the first day in several key markets

Samsung Galaxy Z Flip worth ₹1.10 lakh sold out in India within minutes

• Leading retail outlets, accepting pre-bookings for Galaxy Z Flip, have also run out of stock
• The foldable smartphone was sol d out in less ess than an hour after the going on sale online at 11 a.m. today

Income tax deduction on EPF contribution: Old tax rate vs new tax rate

• In the new income tax regime as announced in Budget 2020, there are seven tax slabs
• Contribution by the employer towards the EPF account of an employee of up to 12% remains tax-free

Group ADP to pick up 49% in GMR Airports Limited

• The first tranche of Rs. 5,248 crore will be received by GMR Group immediately, which will be utilised to deleverage the Group's massive debt
• The company said that the total valuation assuming all above earn-outs are successfully consummated, may reach ₹26,475 crore

Gold prices surge to record highs again, silver rates jump

• The record high prices of gold in domestic markets reflect a jump in global rates amid coronavirus scare
• Gold rates in global markets are up 7% so far this year

Facebook is willing to pay users for just recording audio for voice recognition

• The new programme is a part of Facebook's market research app Viewpoints
• Although one user will be able to make only $5, this is an interesting approach by Facebook

'How bad was Academy Awards this year?' Trump's jab at Parasite's Oscar win

• Saying 'was it good? I don't know,' Trump seemed to indicate he had not watched the South Korean film
• Trump said it was time to bring back classics from Hollywood's golden age such as 'Gone With The Wind' and 'Sunset Boulevard'

No coronavirus case currently in India

• Screening for identification of coronavirus is going on in India on a large scale
• Ahead of US President Donald Trump's visit, India is currently completely free of coronavirus infection

Spotify finally gets real-time lyrics feature for you to sing along

• The streaming app is still rolling out the feature to every user globally
• Spotify's new lyrics feature is provided by Musicxmatch

Friday wrap: Shubh Mangal Zyada Saavdhan tells homosexuality is normal

• Shubh Mangal Zyada Saavdhan is first mainstream Bollywood movie to talk about same-sex love
• The spin-off of Khurrana’s 2017 hit Shubh Mangal Saavdhan has already elicited love on social media

Coronavirus Live update: Fecal transmission may be behind virus’s rapid spread

• The death toll from the coronavirus outbreak in China has climbed to 2,118 as 114 more people died of the deadly infection on Wednesday, while the overall confirmed cases increased to 74,576
• US scientists create 1st 3D map of the protein used by the deadly virus to invade to and infect the human cells, a critical step toward developing vaccine and treatments

Telcos owe around Rs22,589 cr as licence fees; rest Rs70k cr is interest,penalty

• As telecom operators scramble to comply with Supreme Court order on AGR dues, the sources said actual pending liability regarding licence fees is ₹22,589 crore
• Bharti Airtel has paid ₹10,000 crore, Vodafone Idea ₹3,500 crore and Tata Group ₹2,197 crore for both licence fee and SUC dues

Tesla gets a court approval to clear forest for Germany factory

• The decision is a boon to Tesla’s ambitious timetable to have the plant up and running by the middle of next year
• Musk said last month on Twitter, adding Tesla will plant three new trees for every one cut

Indian Railways launches mobile app for employees

• Railway Board Chairman launched the HRMS mobile app, in which the employees can see the data related to their service
• The app has been developed by the Centre for Railway Information System (CRIS)

Taj Mahal to be closed for public for a day during Donald Trump's visit

• The Taj Mahal will remain closed for the general public from 12 noon on February 24
• US President Donald Trump will be on a two-day state visit to India next week

iPhone users may soon be able to set Gmail, Chrome, other apps as iOS defaults

• Chrome and Gmail are two of the most-used apps on the iPhone and iPad
• Apple currently pre-installs 38 default apps on iPhones and iPads

Aadhaar card holders can now get a free PAN card in just 10 minutes

• To get a new PAN card, you do not need to fill up a detailed application form anymore
• The income tax department has started issuing new PAN cards online instantly using Aadhaar-based e-KYC

Google bans nearly 600 apps from Play Store over 'disruptive' ads

• 'Our investigations are ongoing and when we find violations we will continue to take action,' said Google
• In 2019, Google removed tens of thousands of apps and developers that were found to be in violation of its policies

Diesel price touch 7-month low even as crude oil nears $60 mark

• Petrol prices are tracking mid-September levels while diesel is back to where it was in July 2019
• Fuel rates have maintained a declining trend this month despite the firming up of crude oil rates

SAP shuts India offices after 2 Bangalore employees test positive for swine flu

• The IT company said they will sanitise and fumigate the premises as a remedial measure
• It did not disclose whether the infected staff had any travel history or mention their medical condition

Some Oracle employees stop work over Larry Ellison’s Trump fundraiser

• Some Oracle workers who participated in the 'log off' used vacation time for the protest: Report
• The workers argued the chairman’s public support for Trump violated Oracle’s diversity, inclusion and ethics policies

4 railway stations in Uttar Pradesh's Prayagraj get new names

• Allahabad Junction will now be Prayagraj Junction, Allahabad City will now be known as Prayagraj Rambag
• Allahabad Chhioki has been changed to Prayagraj Chheoki and the name of Prayagghat has been changed to Prayagraj Sangam

On US election day, YouTube homepage to advertise just one candidate: Trump

• The campaign has secured one of the most high-profile spots on the internet
• Ads on the YouTube masthead—as the video on the top of the homepage is known—generally run for an entire day

Future Lifestyle to raise over ₹600 crore from promoters, IFC

• The board has approved issuance of 5.14 million equity shares of face value of ₹2 at an issue price of ₹414 each
• The board also approved issue of 96,61,835 equity shares of face value of ₹2 each at an issue price of ₹414 per share

Airtel will comply with SC’s order, pay rest of AGR dues expeditiously: Mittal

• Airtel on Monday paid ₹10,000 cr out of its liability of more than ₹35,000 cr and plans to pay the rest before 17 Mar
• Vodafone Idea has been the most hit with dues of more than ₹50,000 crore

On FLOTUS itinerary, ‘happiness class’ at a Delhi government school

• Melania Trump is likely to be received at the school by CM Arvind Kejriwal and deputy CM Manish Sisodia
• She is also expected to spend some time with the students during her visit

Amit Shah allays fears in North-East over Article 371, says it won’t be touched

• This is the second time in six months that Shah has said that ‘interests of North-Easterns’ won’t be harmed
• Amit Shah says incorrect messages are being sent out that Centre would scrap Article 371

Sunil Mittal meets Telecom Minister amid AGR turmoil

• Sunil Mittal said the telecom industry is vital to the nation and its digital future
• Bharti Airtel and Vodafone Idea together serve 61% of the telecom users in India

Retail sales of passenger vehicles fall 4.6% in Jan

• Subdued customer sentiment and a low base seen behind decline in sales
• Decline in sales shows persistent unease in consumer sentiment, sluggish economic growth

SAP advises ‘work from home’ after few employees test H1N1 positive

• SAP says few cases of H1N1 (Swine flu) have been detected out of its Ecoworld office in Bengaluru
• As a precautionary measure SAP’s offices across Bengaluru, Mumbai and Gurugram will temporarily remain closed until further notice

DHFL reports net profit in Q3, but auditors wary

• Stressed lender posts ₹934 cr stand-alone net profit, primarily on a tax adjustment
• During the Dec quarter, DHFL gains from a deferred tax adjustment of ₹1,102 crore

Production will be hit if virus woes continue: boAt’s Aman Gupta

Aman Gupta, co-founder of boAt Lifestyle, elaborates on the philosophy behind boAt, the company’s future plans, impact of coronavirus and why manufacturing in India is important

IRCTC stock zooms 500% over IPO price in four months

• On a standalone basis, IRCTC's net profit jumped 179.6% to ₹205.80 crore in Q3
• Revenue from internet ticketing segment surged 310.16% YoY to ₹226.90 crore

Railways HR services digitized, launches new mobile app for its employees

• The mobile application -- HRMS Employee Mobile App for Indian Railways -- was launched by Railway Board Chairman Vinod Kumar Yadav
• The data of 93% (11.19 lakh) serving railway employees has already been collected in this module

India will not 'rush into' a trade deal with US: MEA

• Around five MoUs are under discussion, MEA spokesman Raveesh Kumar said
• Issue related to H1-B visa will figure during PM Modi- Donald Trump talks, says the MEA spokesman

How to safeguard your data while using voice-activated virtual assistants

If exploited, smart devices can expose your personal data to cybercriminals

Fitch takes Bharti Airtel off 'watch negative'

• Vodafone Idea on Monday paid ₹2,500 crore towards dues related to adjusted gross revenue (AGR) and deposited an additional ₹1000 crore today
• The development comes after Supreme Court on Friday pulled up Bharti Airtel, Vodafone Idea as well as officials of DoT for delaying the payment of dues

SBI Cards IPO to open for subscription on March 2

• SBI Cards plans to issue new shares worth ₹500 crore and will offer up to 130.5 million shares for sale, the prospectus, showed

DRDO anti-drone system to be deployed for Trump-Modi roadshow

• Donald Trump and PM Narendra Modi will take part in a 22km-long roadshow in Ahmedabad and jointly address a gathering at the newly- built cricket stadium in Motera
• The DRDO system is equipped to instantaneously detect and identify drone threats and terminate them

Westinghouse set to sign pact with NPCIL for nuclear reactors during Trump visit

• US has been discussing the sale of nuclear reactors to India since a 2008 landmark civil nuclear energy pact
• Donald Trump has made bilateral trade with India a top priority, seeking greater market access for U.S. products from farm goods to motorcycles