Maruti Suzuki sees ‘much better’ 2021 as economy rebounds

Maruti Suzuki, India’s biggest carmaker, is expecting next year to be 'much better' than 2020 as the economy rebounds and consumers emerge from pandemic-induced lockdowns to buy its vehicles

Three products you can park a lump sum in for the short term

• Since FDs and liquid funds are giving low returns, you can consider other products for one-three years
• If you are looking to park your money for just six months to a year, stay with fixed deposits or liquid funds

Coronavirus vaccines could be targetted by criminals, Interpol sounds alert

• Interpol had issued a global alert to law enforcement across its 194 member countries, warning them to prepare for organised crime networks targetting Covid vaccines, both physically and online
• Always check with your national health authorities or the WHO for the latest health advice in relation to Covid-19, the Interpol said

GDP growth to enter positive territory in Q4: Rajiv Kumar of Niti Aayog

Niti Aayog vice-chairman Rajiv Kumar said the Centre's new agriculture reform laws are aimed at increasing the income of farmers and the present agitation was a result of misunderstanding, miscommunication which need to be removed

India invites UK PM Boris Johnson to be Republic Day chief guest

• The invite was extended during a telephone call between Prime Minister Narendra Modi and Johnson on Friday

China's Ant considers Paytm stake sale amid tensions with India: Report

• Paytm, which is also backed by SoftBank Group Corp among others, was valued at about $16 billion during its latest private fundraising round a year ago

Nifty logs another record closing high despite Nifty Bank index taking a pause

• The Nifty Banking Index, which surged nearly 24% in November, closed 1.2% lower

Karnataka govt panel warns: Second covid wave expected in January-February

• The committee also recommended a ban on new year public celebrations from December 26 to January 1 and impose night curfew (8 pm to 5 am) during this period
• TAC also suggested considering introducing tough action like simple imprisonment of a few hours for mask violators

Who will get the first Covid-19 vaccine in UK?

• Older care home residents and their carers will be the highest priority to receive the vaccine, followed by those over 80 years of age and frontline health workers

UK clears Pfizer's covid vaccine, first in the world. Rollout from next week

The Pfizer-BioNTech covid 19 vaccine will be available in Britain from next week

Three parties submitted EoIs for BPCL bid process: Dharmendra Pradhan

• The qualifying bidders in the first EoI phase will be asked to make a financial bid in the second round. Public sector undertakings are not eligible to participate in the privatization

JP Morgan sees limited upside to RIL stock rally, cuts EPS by 7-8%

• The stock has gained 29% in this year and rallied 122% from March lows while Nifty has jumped 8% in this year so far, increasing 72% from covid crash

State Recovery Tracker: Economic recovery weakens after Diwali, Gujarat sees big

• After recording a fast uptick in the first half of November, some high-frequency economic indicators reversed gains after the festival, shows Mint’s state recovery tracker

Covaxin: Phase-3 clinical trial of India-made vaccine starts in Kolkata

Governor Jagdeep Dhankhar on Wednesday inaugurated the launch of Phase-3 regulatory trial of Covaxin at ICMR-NICED

Axis Mutual Fund launches 'Special Situations Fund'. Key things to know

Axis Special Situations Fund is an open ended equity scheme that follows a special situations theme focusing on disruptive growth opportunities.

Covid-19 'passports' would be a good idea, says Taiwan

• Taiwan has kept the pandemic well under control, and has been very cautious about when it may re-open its borders, which are still largely closed to visitors
• Global aviation body IATA said last month it is developing a set of mobile apps to help passengers navigate Covid-19 travel restrictions

India’s big battle of ideas shouldn’t evoke hopelessness

Dismal views of India tend to overlook the changes being wrought that Indians have long sought

H-1B visa: US court throws out Trump rules restricting number of visas

The US issues up to 85,000 H-1B visas each year in sectors including technology, engineering and medicine

WhatsApp Pay: How to enable, send and receive money

WhatsApp Pay is currently working with five banks in India - ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank - and people can send money on WhatsApp to anyone using a UPI supported app

India can’t make up its mind on PSUs, 30 years after liberalisation

• 30 years after liberalization, India’s muddled thinking on PSUs continues. This year, things may only get worse.
• The tension is only likely to increase further in 2020-21 because of the pandemic. PSUs have already contributed over ₹2,000 crore to the newly launched PM CARES Fund

Drugs case: Rhea Chakraborty’s brother Showik gets bail 3 months after arrest

• Showik Chakraborty was arrested three months back in drugs-related charges in the Sushant Singh Rajput case

In world's first, lab-grown meat to go on sale in Singapore

• The first-in-the-world regulatory allowance of real, high-quality meat created directly from animal cells for safe human consumption paves the way for a forthcoming small-scale commercial launch in Singapore, Eat Just said

Nissan Magnite SUV launched at ₹4.99 lakh: Variants, other details

The Nissan Magnite will be made available in 9 body colors, five monotone and four dual-tone shades

Tata nears deal to buy BigBasket for $1.3 bn

• The deal will value India’s largest online grocer at around $1.6 bn

Nifty Midcap 100 index crosses 20,000 for first time in 2 years

• Nifty Midcap 100 index has rebounded strongly from March lows.
• It is up about 70% from April 1 this year.

Queues at Burger King have shrunk, but investors may line up for its IPO

After Gland IPO, which listed at a hefty premium, investors may be wary of missing out on an IPO that offers listing gains

Russia to present Sputnik V covid vaccine at UN today

• In August, Russia's Health Ministry registered the world's first vaccine for the prevention of COVID-19, developed by the Gamaleya Research Centre.

Bitcoin’s corona boom and the future of money

This cryptocurrency’s peak is a result of cash creation globally. Its value surge looks like a vote against the crisis policies of central banks, which may need to up their currency vigil

RBI, Sebi probe LVB share deals

• Regulators are probing whether some LVB investors bought shares through proxy entities beyond the permissible limit

Virat Kohli becomes fastest cricketer to score 12,000 ODI runs

Virat Kohli reached the milestone during the third and final match against Australia

UP CM rings bell at BSE for listing bond of Lucknow Municipal Corporation

• Uttar Pradesh CM Yogi Adityanath is on a 2-day visit to Mumbai
• On Tuesday, Bollywood actor Akshay Kumar called on Yogi Adityanath at a city hotel to discuss the immense possibilities of film shoots in the northern state

How to comply with requirement of disclosure of assets in ITR form

Taxpayers have to furnish the details of assets and liabilities as on 31st March 2020 under the AL(Assets and Liabilities) schedule of ITR.

UTI MF launches small cap fund

• With other small cap funds such as SBI Small Cap closing themselves for lump sum subscription, there is a strong element of doubt about whether this is the right time to invest in a small cap fund

Why civilised dress only for devotees? Desai on Shirdi Temple trust advisory

• Social activist Trupti Desai has asked why there are different yardsticks for devotees and priests
• Desai also warned that if the boards are not removed, she and other activists will go to Shirdi to remove them

Delhi traffic update: Roads and routes to avoid today due to farmers' protest

• Tikri border, Jharoda Border, Jhatikra Border are closed for any traffic movement
• Badusarai Border is open only for two-wheeler traffic