Bajaj Finance seems to have managed to keep asset quality pressures under check
Passengers are silhouetted against the backdrop of an IndiGo aircraft standing on tarmac at the airport in New Delhi. (REUTERS)
Passengers are silhouetted against the backdrop of an IndiGo aircraft standing on tarmac at the airport in New Delhi. (REUTERS)

Coronavirus outbreak: IndiGo, Air India suspend flights between India and China

  • According to an Air India official, all crew members working on flights between India and South East Asia have been asked to wear N95 masks
  • Air India has kept a 423-seater jumbo plane ready in Mumbai to airlift Indian citizens from Wuhan city in China in the wake of the coronavirus outbreak

Sensex ended over 200 points higher today

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IndiGo co-promoter Rakesh Gangwal.
At the end of the ongoing policy period, the acquiring bank at its option may continue with the same group policy and the same insurer for the customers of the merged bank (Photo: iStockphoto)
At the end of the ongoing policy period, the acquiring bank at its option may continue with the same group policy and the same insurer for the customers of the merged bank (Photo: iStockphoto)

Should you worry about your health policies after bank mergers?

  • Soon after the announcement, there was uncertainty regarding what will happen to the group health insurance policies
  • The circular said that the policies of the customers of the merged banks shall continue to be serviced by the respective insurers till the end of the policy period

Unlike developed nations, developing countries view UBI as a measure to boost income, alleviate poverty (Photo: Pradeep Gaur/Mint)
Unlike developed nations, developing countries view UBI as a measure to boost income, alleviate poverty (Photo: Pradeep Gaur/Mint)

Can UBI reignite the economy?

Variants of universal basic income could boost consumption but will first need to overcome significant fiscal and administrative challenges

A pneumonic plague broke out in Surat in August 1994
A pneumonic plague broke out in Surat in August 1994

How Surat fought an epidemic 26 years ago

  • The new strain of coronavirus that originated in China’s Wuhan has killed more than 100 people in that country and infected over 4,000 globally
  • The Centre is conducting screenings at airports and border areas

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6 more routes identified for high-speed corridors, DPR in a year: Railways ( Mint)
6 more routes identified for high-speed corridors, DPR in a year: Railways ( Mint)

6 more routes identified for high-speed corridors, DPR in a year: Railways

  • India's bullet train project between Mumbai and Ahmedabad, the country's first high-speed corridor, will be completed by December 2023
  • Trains can run at a maximum speed of over 300 km/hr on a high-speed corridor, while on a semi-high speed corridor, the maximum speed can go beyond 160km/hr

Bajaj Finance’s interest income surged 39% y-o-y to  ₹6,104.84 crore in the December quarter of FY20
PM Narendra Modi and US President Donald Trump at 'Howdi Modi' event held last year (File photo) (AP)
PM Narendra Modi and US President Donald Trump at 'Howdi Modi' event held last year (File photo) (AP)

US to talk trade deal with India before Donald Trump's visit

  • A likely trade pact will come after India surprised its Asian trade partners in November when it abandoned a China-backed trade agreement citing national interest
  • India expects to sign deals to raise its defense and energy purchases from the US during Donald Trump's visit: Report

Thai Airways is spray-disinfecting passenger cabin and cockpit on all flights returning from China and high-risk destinations (AFP)
Thai Airways is spray-disinfecting passenger cabin and cockpit on all flights returning from China and high-risk destinations (AFP)

As coronavirus spreads, airlines stop providing blankets, pillows, towels

  • Some airlines have stopped providing blankets, pillows, towels, magazines and newspapers, while beverages and disposable headphones are supplied only on request
  • Others are taking even more drastic measures by cancelling flights to China

(File photo of Kunal Kamra) (HT)
WaWa card breach ranks among the largest payment card breaches of 2019, and of all time. Photo: iStock
WaWa card breach ranks among the largest payment card breaches of 2019, and of all time. Photo: iStock

Biggest card breach: 30 million debit, credit card details up for sale online

  • Joker’s Stash, a notorious online marketplace, claimed it had data from 30 million cards of WaWa customers, according to a report
  • WaWa said it was 'aware of reports of criminal attempts to sell come customer payment card information'

Prashant Kishor (L) and former diplomat Pavan K Varma  (Photo: PTI)
Prashant Kishor (L) and former diplomat Pavan K Varma (Photo: PTI)

Prashant Kishor, Pavan Varma expelled from JDU

Senior leaders of the party said the decision of JDU was expected since Kishor has links with too many political parties whereas Varma has little influence on the electorate of Bihar

Reliance had yet to work out the financial fine print in what he stressed would be a philanthropic endeavour, said Vipul Shah (Reuters)
Reliance had yet to work out the financial fine print in what he stressed would be a philanthropic endeavour, said Vipul Shah (Reuters)

Reliance Industries launching new project to use plastics in road construction

  • The company will seek to work with India's highway authority and individual states to potentially supply a plastics-infused mix
  • India, which uses about 14 million tonnes of plastic annually, lacks an organised system for management of plastic waste

Ace badminton player Saina Nehwal joins BJP in the presence of party's national general secretary Arun Singh, at BJP HQ in New Delhi. (ANI)
Ace badminton player Saina Nehwal joins BJP in the presence of party's national general secretary Arun Singh, at BJP HQ in New Delhi. (ANI)

Saina Nehwal joins BJP, says PM Modi inspires her

  • Indian shuttler Saina Nehwal has joined Bharatiya Janata Party (BJP)
  • Last year Gautam Gambhir and Babita Phogat had joined BJP

You can disconnect information from your Facebook account, and it will not be associated with you personally (Reuters)
Mikhail Fridman is also known as one of Russia’s toughest businessmen. (Bloomberg)
Mikhail Fridman is also known as one of Russia’s toughest businessmen. (Bloomberg)

Son of a billionaire stays in $500-a-month apartment, uses subway to get to work

  • 'I eat, live, sleep, dress in everything that I earned myself,' said Alexander Fridman, son of Russia’s 11th-richest person
  • While he’s striking out on his own without interference from his father, Alexander is certainly benefiting from his connections

Bajaj Finance Q3 results: Assets under management (AUM) grew by 35% to  ₹145,092 crore
Travelling without a ticket is probably one of the most common offences. (Pradeep Gaur/Mint)
Travelling without a ticket is probably one of the most common offences. (Pradeep Gaur/Mint)

Fines you might end up paying if you break rules on Indian Railways

  • From littering and crossing the train tracks, to travelling without a ticket, Indians don’t have a great reputation when it comes to following regulations when travelling
  • While flouting some rules might only earn you a stern warning, some can result in fines, and even imprisonment

Road transport minister Nitin Gadkari.
Companies placed under the ‘Denied Entry List’ lose their import licence (Reuters)
The slowdown in GDP growth and private sector capital expenditure has pushed hopes of a recovery in economic activity by several quarters
The proposed increase in gestational age will ensure dignity, autonomy, confidentiality and justice for women who need to terminate pregnancy
The proposed increase in gestational age will ensure dignity, autonomy, confidentiality and justice for women who need to terminate pregnancy

Abortion limit increased from 20 to 24 weeks, Cabinet approves changes

  • The extension to 24 weeks will help survivors of rape, victims of incest and other vulnerable women
  • Name and other particulars of a woman who wants an abortion will not be revealed except to a person authorised

Stockpiles in China have been declining after Beijing levied retaliatory tariffs on cotton from America (Bloomberg)
The burgeoning IT sector was the largest source of male employment growth in Ontario, Canada
The burgeoning IT sector was the largest source of male employment growth in Ontario, Canada

Why Canada is enjoying an unprecedented jobs boom

  • Just under half the 463,100 net migrants to Canada in the 12 months ended September 30 went to Ontario
  • Toronto wasn’t the only Ontario city churning out tech jobs in 2019

Photo: HT
ICICI Bank today announced the launch of a unique self-service delivery facility called ‘iBox’. (Reuters)
'We grew double digits in emerging markets led by strong performances in Brazil, mainland China, India, Thailand, and Turkey,' Cook told analysts (Reuters)
Employees of China Southern Airlines wear surgical mask as a preventive measure in light of the coronavirus outbreak in China (Reuters)
Employees of China Southern Airlines wear surgical mask as a preventive measure in light of the coronavirus outbreak in China (Reuters)

Coronavirus: 132 dead; Starbucks, Apple shut stores; airlines cancel flights

  • From Facebook to Japan's Nippon Steel have restricted travel to China, as the outbreak of a new coronavirus sparks international alarm
  • Starbucks Corp said it had closed more than half of its stores in the country

Many of the robocalls originate from abroad. Representative image.  (Photo: iStock)
Many of the robocalls originate from abroad. Representative image. (Photo: iStock)

US files lawsuit against call centres, mostly from India, for making fake calls

  • According to federal prosecutors, Americans have experienced a deluge of robocalls over the past several years
  • 'The calls, most of which originated in India, led to massive financial losses to elderly and vulnerable victims across the nation,' Department of Justice said

Shuttered factories, fewer workers and piling inventories are the fallout of the consumption slowdown in Coimbatore. The city, which supplies a bulk of the spare parts for automakers, has one of the highest densities of textile units in the world and meets more than 90% of the country’s wet grinder demand.
Shuttered factories, fewer workers and piling inventories are the fallout of the consumption slowdown in Coimbatore. The city, which supplies a bulk of the spare parts for automakers, has one of the highest densities of textile units in the world and meets more than 90% of the country’s wet grinder demand.

Fear and loathing in India’s small factories

  • Coimbatore would have been an ideal location for a ‘Make in India’ push. Then, the slowdown changed everything
  • Coimbatore’s small and medium units will be keenly watching the budget. However, short-term concessions may not help much in the absence of a long-term strategy to revive manufacturing

India Post pays interest at the rate of 4% per annum on deposit in its savings account. (Bloomberg)
Bengaluru is the world's most traffic congested city, says report. (Mint)
Bengaluru is the world's most traffic congested city, says report. (Mint)

Bengaluru has the worst traffic in the world: Report

  • Bengaluru beat 415 other cities across 57 countries to earn the title of 'world's most traffic congested city' in 2019
  • Manila in the Philippines came a close second, with a similar average time spent by commuters in traffic