Uddhav Thackeray is prodding his party of belligerence and nativism towards reason and inclusivity, save the occasional dial-back to Hindutva. (Photo: HT)
Uddhav Thackeray is prodding his party of belligerence and nativism towards reason and inclusivity, save the occasional dial-back to Hindutva. (Photo: HT)

How Uddhav Thackeray is becoming a man for all seasons

  • After a year of vendetta politics, the first-time CM has become the BJP’s nightmare. How will he govern the state?
  • The bets are off the table on how long the government will last but Sena, NCP and Congress are glued by the purpose of keeping the BJP out of power. The road ahead is anything but smooth.

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Under the GST legislation, the government had introduced an anti-profiteering clause (AFP)

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FILE PHOTO: Vials with a sticker reading, COVID-19 / Coronavirus vaccine / Injection only and a medical syringe are seen in front of a displayed AstraZeneca logo (REUTERS)
Gland’s portfolio comprises of complex products as injectables, which are relatively difficult to manufacture and hence see less competition (Mint)
Gland’s portfolio comprises of complex products as injectables, which are relatively difficult to manufacture and hence see less competition (Mint)

After  slow  IPO,  Gland  Pharma  finds more takers in secondary markets

  • Gland Pharma stock is now up 37% over its offer price of 1,500 during the IPO to 2,053
  • The company had impressed with its 18-25% revenue growth in key markets like US, India over FY18-20

Waves hit the shore during a high tide at the Kasimedu Harbor on the Bay of Bengal coast in Chennai (AP)
Waves hit the shore during a high tide at the Kasimedu Harbor on the Bay of Bengal coast in Chennai (AP)

Nivar weakens into 'severe' after crossing Puducherry

The cyclone made landfall near Puducherry on Thursday morning, bringing heavy rains to the union territory and Tamil Nadu.There were no reports of loss of life. About 2.5 lakh people were housed in cyclone shelters in Tamil Nadu as part of safety measures.

FILE - In this June 10, 1987 file photo, former Brazilian soccer player Pele, center, clasps hands with Italian captain Alessandro Altobelli, left, and Argentine captain Diego Maradona, after he is awarded the FIFA honor medal before the start of the final match between Argentina and Italy in Zurich, Switzerland.  The Argentine soccer great who was among the best players ever and who led his country to the 1986 World Cup title before later struggling with cocaine use and obesity, died from a heart attack on Wednesday, Nov. 25, 2020, at his home in Buenos Aires. He was 60. (AP Photo, File) (AP)
FILE - In this June 10, 1987 file photo, former Brazilian soccer player Pele, center, clasps hands with Italian captain Alessandro Altobelli, left, and Argentine captain Diego Maradona, after he is awarded the FIFA honor medal before the start of the final match between Argentina and Italy in Zurich, Switzerland. The Argentine soccer great who was among the best players ever and who led his country to the 1986 World Cup title before later struggling with cocaine use and obesity, died from a heart attack on Wednesday, Nov. 25, 2020, at his home in Buenos Aires. He was 60. (AP Photo, File) (AP)

Pele mourns Maradona: 'I hope we'll play together in the sky'

  • Pele and Maradona, who often vie for the title of best footballer in history, had just celebrated milestone birthdays last month: 80 and 60, respectively

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In August last year, Amazon bought 49 per cent in one of Kishore Biyani-led Future Group's unlisted firms -- Future Coupons Ltd (FCL) (REUTERS)
Google charges developers 30% commission for sales made through its Play Store. (Reuters )
Tens of thousands of people have been moved to evacuation shelters on Wednesday to escape a cyclone (AP Photo/R. Parthibhan)
Argentine soccer legend Diego Maradona (Action Images via Reuters)
Photo: Indranil Bhoumik/Mint
FILE PHOTO: People walk past a Lakshmi Vilas Bank branch in Mumbai. (REUTERS)
The banking regulator earlier imposed a one-month moratorium on Lakshmi Vilas Bank
Currently, Reliance Jio is the largest telecom company by market share (Photo: iStock)
FILE PHOTO:  Argentina's soccer team head coach Diego Maradona attends a news conference in Marseille, February 10, 2009. Argentina will play France in an international friendly soccer match at the Velodrome stadium in Marseille on February 11.    REUTERS/Jean-Paul Pelissier (REUTERS)
FILE PHOTO: Argentina's soccer team head coach Diego Maradona attends a news conference in Marseille, February 10, 2009. Argentina will play France in an international friendly soccer match at the Velodrome stadium in Marseille on February 11. REUTERS/Jean-Paul Pelissier (REUTERS)

Obit: Argentine soccer genius Maradona saw heaven and hell

Rising to stardom from a grimy Buenos Aires slum to lead Argentina to World Cup victory, Maradona was a rags-to-riches story in his soccer-mad homeland and gained the iconic status of fellow Argentines Che Guevara and Evita Peron

Hopes of a COVID-19 vaccine following promising trial data from three major drugmakers as well as a smooth White House transition have lifted Wall Street's main indexes to record highs and set the benchmark S&P 500 on course for its best November ever. (Photo: AP)
Hopes of a COVID-19 vaccine following promising trial data from three major drugmakers as well as a smooth White House transition have lifted Wall Street's main indexes to record highs and set the benchmark S&P 500 on course for its best November ever. (Photo: AP)

Wall St update: Dow retreats from 30,000 on rise in jobless claims, virus surge

  • Tesla down after hitting $500 billion in market cap
  • With the next fiscal stimulus package now expected only after President-elect Joe Biden is sworn in on Jan 20, momentum in the labor market is expected to remain slow

FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China  (REUTERS)
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China (REUTERS)

Tesla plans to produce electric car chargers in China, document shows

  • The factory, which Tesla expects to complete in February, will have capacity to make 10,000 chargers a year
  • It now imports the chargers, usually installed in charging stations or car parks, from the United States

US Department of Labor Building in Washington, DC (AFP)
US Department of Labor Building in Washington, DC (AFP)

US jobless claims up for second straight week as virus worsens

  • The Labor Department's report Wednesday said that jobless claims climbed from 748,000 the week before
  • The spike in virus cases is intensifying pressure on companies and individuals, with fear growing that the economy could suffer a 'double-dip' recession as states and cities reimpose restrictions on businesses

Prime Minister Narendra Modi (ANI)
As per law, Amazon as been fined  ₹25,000 per director for the first offence, a senior official of the ministry said (REUTERS)
(representational image) (Mint)
Mishra pointed out that 1.1 crore homes were vacant as per 2011 census as people fear to give their homes on rent. Photo: Mint
The deceleration in bank credit growth was seen across all the population groups – rural (11.2% vs 14.8%), semi-urban (9.4% vs 12.3%), urban (8.7% vs 9.9%) and metropolitan (3.6% vs 7.2%), the data showed (Photo: Mint)
The deceleration in bank credit growth was seen across all the population groups – rural (11.2% vs 14.8%), semi-urban (9.4% vs 12.3%), urban (8.7% vs 9.9%) and metropolitan (3.6% vs 7.2%), the data showed (Photo: Mint)

Bank credit growth slows to 5.8% in September quarter: RBI data

Aggregate deposits of banks rose 11% year-on-year in the July-Sept period as compared to 10.1% growth a year ago, according to the 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs), Sept 2020'

Chinese President Xi Jinping
The Indian economy will recover to grow at 3.1% in FY22, as per the report. (Bloomberg)
The Indian economy will recover to grow at 3.1% in FY22, as per the report. (Bloomberg)

Indian economy to escape recession early next year on covid-19 vaccine

  • The recent vaccine news has boosted Indian stocks to repeated record highs and fueled hopes of a pick-up in economic activity
  • The recovery still faces several downside risks, including the availability and the distribution of vaccines to over 1.3 billion people in the country

The recently launched Poco M3
FILE PHOTO: Toyota logo is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun (REUTERS)
FILE PHOTO: Toyota logo is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun (REUTERS)

Future investments will depend on how we solve current crisis: Toyota

  • Toyota has indefinitely extended the lockout at its Bidadi plant just outside Bengaluru citing volatile conditions over unresolved issues between the management and its striking workers
  • Recurring strikes at the plant which manufactures its flagship Innova and Fortuner models is likely to have dented shareholder confidence as well

Britain's Chancellor of the Exchequer Rishi Sunak (REUTERS)
Britain's Chancellor of the Exchequer Rishi Sunak (REUTERS)

Rishi Sunak warns of 2.6 mn jobless in historic UK slump

  • Unemployment to peak in the second quarter of next year at 7.5%, or around 2.6 million, before falling for the rest of the period
  • The economy is expected to contract 11.3% this year, the biggest drop in more than three centuries

A medical worker wearing protective gear collects a nasal swab sample from a man for a Rapid Antigen Test (RAT) for the Covid-19 coronavirus (AFP)
A medical worker wearing protective gear collects a nasal swab sample from a man for a Rapid Antigen Test (RAT) for the Covid-19 coronavirus (AFP)

Govt announces new coronavirus guidelines from 1 December: Details here

  • States and UTs, based on their assessment of the situation, may impose local restrictions, with a view to contain the spread of COVID-19
  • Authorities may consider administrative actions, including imposition of appropriate fines, on persons not wearing face masks in public and work spaces, MHA added

For the next 12 months, the company expects 15% growth in gold loans and 15-20% increase in profit, managing director George Alexander Muthoot said. Photo: HT
People run from the Marina beach after sudden heavy rains before Cyclone Nivar's landfall, in Chennai. (Photo: Reuters)
.Trai expects India to require 4.68 billion numbers by 2050. Photo: Pradeep Gaur/Mint
As a mitigation strategy, India will have to shift working hours for outdoor workers, undertake heat management efforts in the cities, and also consider movement of labour and capital out of high-risk areas. (HT)
As a mitigation strategy, India will have to shift working hours for outdoor workers, undertake heat management efforts in the cities, and also consider movement of labour and capital out of high-risk areas. (HT)

Rising temperatures poses $200 billion risk to the Indian GDP: Report

  • Without targeted adaptation action, around 160-200 million people in India could annually bear a 5 per cent chance of being exposed to a lethal heat wave as early as 2030

RBI said the merger of Lakshmi Vilas Bank with DBS Bank India will come into force from 27 November (Photo: Priyanka Parashar/Mint)
Digital audio-visual content, including films and web shows on over-the-top streaming platforms, as well as news and current affairs on online platforms have come under the purview of the ministry of information and broadcasting.. Photo Imaging: Kishore Rawat
Digital audio-visual content, including films and web shows on over-the-top streaming platforms, as well as news and current affairs on online platforms have come under the purview of the ministry of information and broadcasting.. Photo Imaging: Kishore Rawat

Media, content creators await standard regulations for OTT

  • The right way forward would be to create a framework of standard practices that would be common to all platforms and settle on a denominator acceptable to all, experts said

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