Economic Times | 23 May, 2022 | 12:25AM IST
Punjab Kings ended their campaign on a winning note, crushing an already demoralised Sunrisers Hyderabad by five wickets in an inconsequential final IPL league match here on Sunday.
Batting first, Sunrisers Hyderabad managed only 157 for 8 on a good batting track.
Punjab Kings, who haven’t made the play-offs since their final appearance in 2014, finished sixth while the Sunrisers ended their high-spending IPL on eighth in the 10-team competition.
Show more Show less
!1 New UpdateClick here for latest updates
Wrap UP: Here are the top developments of the day
- WHO honours ASHA workers
- INSACOG confirms BA.4 & BA.5 variants of COVID19 in India
- Prime Minister Narendra Modi departs for Japan
- UGC extends deadline for application to May 30
- Maharashtra government slashes VAT on petrol and diesel
- BJP Lok Sabha MP Arjun Singh joins TMC
- India’s Test squad for England and South Africa tour announced
- 92 monkeypox cases confirmed in 12 countries
- India records 2,226 new Covid cases
Fire broke out on the third floor of Happy Home & School for the Blind, in Mumbai
#UPDATE Mumbai: Visuals from outside Worli's Happy Home and School for the Blind, where a fire broke out some time… https://t.co/Ba86dyowXF
— ANI (@ANI) 1653242073000
West Bengal reports 35 new COVID-19 cases
West Bengal on Sunday recorded 35 new cases of COVID-19 infection, which raised the tally to 20,19,093, a state health department bulletin said. The toll remained unchanged at 21,203 as no new death due to the disease was reported. During the day, 35 people recuperated from the infection, taking the total number of recoveries to 19,97,512. The recovery rate stood at 98.93 per cent and the positivity rate at 0.35 per cent.
IPL: Punjab Kings win by five wickets against Sunrisers Hyderabad
Earlier, Punjab Kings bowlers showed a lot of discipline against a demoralised Sunrisers Hyderabad, restricting them to 157 for 8 in a league game of the IPL in Mumbai.
General Atlantic plans $2 billion investment in India, Southeast Asia
Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region’s startups more attractive, a senior executive told Reuters. General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview.
Fire broke out in the kitchen of a restaurant in Panchsheel Vihar
Four fire tenders were rushed to the spot. The fire has been brought under control.
COVID pandemic is ‘most certainly not over’: WHO Chief Tedros Adhanom Ghebreyesus
The U.N. health agency’s director-general, Tedros Adhanom Ghebreyesus, told officials gathered in Geneva for opening of the WHO’s annual meeting that “declining testing and sequencing means we are blinding ourselves to the evolution of the virus.” He also noted that almost 1 billion people in lower-income countries still haven’t been vaccinated.
WHO honours ASHA workers
The World Health Organisation (WHO) today announced Global Health Leaders Awards. It said: “ASHA, over 1 million female volunteers in India, honored for their crucial role in linking community with health system, to ensure those living in rural poverty can access primary health care services, as shown throughout COVID19.”
Delhi reports 365 new COVID19 cases
The national capital reported 530 recoveries and one death in the last 24 hours. Currently, there are 1,912 active covid cases in Delhi while positivity rate stands at 1.97 per cent.
US President Joe Biden will participate in a bilateral meeting with Prime Minister Narendra Modi on May 24th during his visit to Japan: White House
Andhra Pradesh CM YS Jagan Mohan Reddy inaugurated AP Pavilion at the World Economic Forum (WEF) Annual meeting 2022 in Davos in Switzerland. CM held discussions with CEOs of various companies including WEF Founder, Prof. Klaus Schwab.
New Covid variants in India
INSACOG said that the 19-year-old female, who has been found infected with BA.4 variant, has mild clinical symptoms and has been fully vaccinated. The 80- year-old male in Telangana with BA.5 variant also has mild clinical symptoms and has been fully vaccinated.
INSACOG confirms BA.4 & BA.5 variants of COVID19 in India.
INSACOG, in a press release, today said that a 19-year-old female in Tamil Nadu has been found infected with BA.4 variants while an 80-year-old male in Telangana has been tested positive for BA.5 Covid variant.
Tamil Nadu reports 43 new COVID-19 cases, zero deaths
Tamil Nadu on Sunday added 43 new COVID-19 infections, pushing the overall caseload to 34,54,890 while the death toll remained unchanged at 38,025 with nil fatalities in the last 24 hours, the health department said. The number of people who have recuperated from the viral disease rose to 34,16,537 with 36 more people getting discharged in the last 24 hours. Tamil Nadu currently has 328 active COVID cases, a medical bulletin said.
Odisha logs 15 new COVID-19 cases
Odisha on Sunday recorded 15 new COVID-19 cases, seven more than the previous day, with the tally rising to 12,88,372, a health department bulletin said.The death toll remained at 9,126, as no new fatality due to the infection was reported in the last 24 hours, it said. Fifty-three other coronavirus patients have died due to comorbidities so far, the bulletin said.
Gujarat reports 15 COVID-19 cases; active tally now 188
Gujarat on Sunday reported 15 COVID-19 cases, which took its tally to 12,24,908, while the death toll remained unchanged at 10,944, a state health department official said. The recovery count increased by 26 to touch 12,13,776, leaving the state with an active caseload of 188, he said.
Assam CM hints at curbs on Madrasas
“Madrasa should be a system of education that can give students the choice to do anything in the future. Entry to any religious institution should be at an age where they can make their own decisions,” Assam CM Himanta Biswa Sarma was quoted as saying by ANI.
Telangana reports 29 new COVID-19 cases
Telangana on Sunday recorded 29 new COVID-19 infections taking the total cases in the state to 7,92,871, a health department bulletin said. The death toll remained at 4,111 as no COVID-19 fatalities were reported on the day, it said. Hyderabad reported the highest number of 24 cases.
Prime Minister Narendra Modi departs for Japan
Delhi | Prime Minister Narendra Modi departs for Japan PM Modi will visit Tokyo, Japan from 23-24 May at the invit… https://t.co/MN02O63b5j
— ANI (@ANI) 1653230569000
Mumbai logs 234 new Covid cases
Mumbai on Sunday reported 234 new coronavirus positive cases, which raised the city’s infection tally to 10,62,908, while the toll remained unchanged at 19,566 as no death was reported, the civic body said. A total of 151 patients were discharged during the day, taking the recovery count to 10,42,048, the health department of the Brihanmumbai Municipal Corporation (BMC) said.
PM Narendra Modi to land in Japan tomorrow
Prime Minister Narendra Modi will reach Tokyo on 23rd May. He will attend the Indo-Pacific Economic Framework event. PM will also participate in a roundtable with Japanese business leaders & will also interact with the Indian community.
Maharashtra reports 326 COVID-19 cases, no death
Maharashtra on Sunday reported 326 COVID-19 cases, taking the state’s tally to 78,82,802, while the toll remained at 1,47,856 with no fresh deaths reported, an official said. A release from the state health department said 251 patients were discharged during the day, taking the total number of recoveries to 77,33,043 and leaving the state with 1,903 active cases. With 23,978 samples being examined in the last 24 hours, the overall number of tests in the state went up to 8,07,22,623, he said. State health bulletin data showed the recovery rate was 98.10 per cent, while the fatality rate stood at 1.87 per cent.
Flood situation in Assam remains grim: Assam State Disaster Management Authority
“The flood situation in Assam continues to remain grim as nearly 7.20 lakh people in 22 districts are reeling under the deluge. A total of 24 people have died due to floods and landslides in the state,” said Assam State Disaster Management Authority today. “91,518 affected people are currently lodged in 269 relief camps. Administration has also set up 152 relief distribution centers. A total of 26,236 stranded persons have been rescued with the help of Indian Army, SDRF, NDRF and volunteers,” it added.
UGC extends deadline for application to May 30
“In pursuant to representations from the candidates, regarding submission of online application form for UGC-NET December 2021 and June 2022 (merged cycles), it has been decided to extend the last date for submission and fee payment to 30 May 2022,” UGC Chairman M Jagadesh Kumar was quoted as saying by ANI.
Bangladesh declares health alert amid monkeypox outbreak
“No monkeypox case has been reported in Bangladesh yet, but we’ve made the declaration in order to check any eventuality,” a health official from the health ministry said. According to the official, the initial measures will involve monkeypox screening of all incoming passengers from countries where cases have been detected.
Three states have reduced VAT on petrol and diesel
Maharashtra, Kerala and Rajasthan have slashed taxes on petrol and diesel. Maharashtra government today slashed VAT on petrol by Rs 2.08 and diesel by Rs 1.44. Kerala had on Saturday slashed VAT on petrol and diesel by Rs 2.41 and Rs 1.36 per litre respectively. Rajasthan Chief Minister Ashok Gehlot also said the state government will reduce VAT by Rs 2.48 per liter on petrol and Rs 1.16 per liter on diesel.
SII seeks permission for Phase-3 trial of Covovax
The Serum Institute of India (SII) has sought permission from the country’s drug regulator to conduct Phase-3 trial to evaluate the safety and immunogenicity of its COVID-19 vaccine Covovax as a booster dose in children aged two to 18 years, PTI reported today.
Ukraine extends martial law
Ukraine on Sunday extended martial law for three months through to August 23 as the war with Russia drags on. Ukraine’s parliament on Sunday voted by an absolute majority for the third extension of the decree as Russia pursues its offensive targeting the eastern Donbas region.
Congress appoints Abdul Wahid Qureshi as the Chairman of the Minority Department of Delhi Pradesh Congress Committee and Wajahat Mirza for Maharashtra Pradesh Congress Committee with immediate effect.
Maharashtra government slashes VAT on petrol and diesel
Maharashtra government today slashed VAT on petrol by Rs 2.08 and diesel by Rs 1.44 a day after the Centre announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 per litre reduction on diesel. A statement issued by the government said the state exchequer will have to bear an annual loss of Rs 2,500 crore as a result of this decision.
Pujara recalled for England test
Veteran batter Cheteshwar Pujara has been recalled to Indian Test squad for the one-off away Test against England. Also, Jammu and Kashmir pace sensation Umran Malik along with Punjab left-arm seamer Arshdeep Singh have earned maiden national call-up for the South Africa series. Meanwhile, BCCI has decided to rest Rohit Sharma and Virat Kohli rested for South Africa series.
BJP Lok Sabha MP Arjun Singh joins TMC
BJP Lok Sabha MP Arjun Singh joins TMC in the presence of party's general secretary Abhishek Banerjee in Kolkata https://t.co/gDVL5XiHGG
— ANI (@ANI) 1653222001000
India’s Test squad for England and South Africa tour announced
- TEST Squad for England: Rohit Sharma (Capt), KL Rahul (VC), Shubman Gill, Virat Kohli, Shreyas Iyer, Hanuma Vihari, Cheteshwar Pujara, Rishabh Pant (wk), KS Bharat (wk), R Jadeja, R Ashwin (1/2)
- India’s squad for T20I series against South Africa: KL Rahul (C), Ruturaj Gaikwad, Ishan Kishan, Deepak Hooda, Shreyas Iyer, Rishabh Pant(VC) (wk),Dinesh Karthik (wk), Hardik Pandya, Venkatesh Iyer, Y Chahal, Kuldeep Yadav, Axar Patel, R Bishnoi, Bhuvneshwar
Sitharaman rebuts opposition flak on excise duty cuts
Finance Minister Nirmala Sitharaman said that the entire duty reduction in petrol and diesel has been done out of the RIC component of the taxes levied on petroleum products so the burden of the tax cuts will be borne solely by the Centre.
UK confirms local transmission of monkeypox
- Britain is seeing daily infections of the rare monkeypox virus that are unconnected to any travel to West Africa, where the disease is endemic, a health official said.
- The UK Health Security Agency (UKHSA) said new figures would be released on Monday, after it registered 20 cases on Friday.
- Asked if community transmission was now the norm in Britain, UKHSA chief medical adviser Susan Hopkins said “absolutely”.
- “We are finding cases that have no identified contact with an individual from West Africa, which is what we’ve seen previously in this country,” she told BBC television.
No one in country listens to Rahul Gandhi, so he’s venting out frustration on foreign soil: Chouhan
- Madhya Pradesh CM Shivraj Singh Chouhan claimed Rahul Gandhi was the country’s “most failed, desperate, frustrated and hopeless leader” and that since nobody listens to the Congress MP in India, he vents out his frustration abroad.
- Chouhan was reacting to Gandhi’s remarks at a conference in London where the latter recently accused the the BJP of spreading “kerosene all over the country” and said “you need one spark and we will be in big trouble”.
- “Rahul Gandhi is the country’s most unsuccessful, frustrated and hopeless leader. No patriotic leader makes anti-national statements like Rahul Gandhi does while visiting the foreign soil. No one in the country now listens to him, so he is venting out his frustration abroad,” Chouhan said.
- Rahul Gandhi has raised a question mark on his patriotism and loyalty to the nation by making such remarks, the chief minister said.”We have never criticised the country on foreign soil, but what else can be expected from a frustrated, desperate and hopeless person?” he further said.
Imran Khan again praises India for reducing fuel prices
- Pakistan’s ousted PM Imran Khan has once again praised India for reducing fuel prices with the help of “discounted oil” from Russia.
- Khan tagged a South Asia Index report in his tweet which said that “after buying discounted oil from Russia, the Indian government reduced petrol price by 9.5 rupees per litre, Diesel price has also been reduced by 7 rupees per litre.”
- Taking to Twitter, Khan said: “Despite being part of the Quad, India sustained pressure from the US and bought discounted Russian oil to provide relief to the masses.”
‘Bike Bot’ and “Grand Venice Mall” scams: SC orders clubbing of FIRs
Observing that multiplicity of proceedings was not in “larger public interest”, the Supreme Court has exercised its special power and allowed consolidation of multiple FIRs, the consequential trial to one court in Greater Noida in relation to the multi-crore rupees alleged ‘Bike Bot’ and “Grand Venice Mall” scams. Over 100 FIRs were registered against several persons in Uttar Pradesh and one FIR in Delhi in connection with the Bike Bot scheme scam.
Quad Meet: PM Modi’s schedule in Tokyo
“PM Modi will arrive in Tokyo on May 23 & will have interactions with business leaders as well as business CEOs in a one-to-one format. Thereafter, there will be an Indian diaspora community event & May 24 is largely devoted to Quad meeting,” says SK Verma, Indian Envoy to Japan.
BJP ended “culture of corruption” in Northeast: Amit Shah
Union Home Minister Amit Shah claims the BJP has ended the “culture of corruption” in the Northeast and funds meant for development works now get percolated to the last man, whereas middlemen siphoned off most of the amount during the Congress rule.
Ramban tunnel collapse: 3-member panel to investigate the reasons
The Centre has constituted a committee of 3 independent experts to investigate the reasons for recent collapse of a part of under-construction tunnel in Ramban on Jammu-Srinagar highway and suggest remedial measures. NHAI has already initiated process to handle such emergency situation and also taking all possible measures to avoid such incidents in future.
Monkeypox cases something to ‘be concerned about’: US President Joe Biden
President Joe Biden said Sunday that recent cases of monkeypox that have been identified in Europe and the United States were something “to be concerned about.” In his first public comments on the disease, Biden added: “It is a concern in that if it were to spread it would be consequential.”
92 monkeypox cases confirmed in 12 countries, may spread globally: WHO
- WHO has warned that the infection is likely to spread to more nations even as it expands surveillance.
- The 12 countries — the US, Canada, Australia, UK, Spain, Portugal, Germany, Belgium, France, the Netherlands, Italy and Sweden — are not endemic for monkeypox virus, meaning the virus is not typically found unlike some countries in Central and West Africa.
- While so far no deaths have been reported, about 28 cases in these countries are potential cases.
- Investigations are going on to confirm them, the global health agency said.
DLF net debt dips 45% to Rs 2,680 cr in FY 22; aims further debt reduction in medium-term
- DLF’s net debt stood at Rs 2,680 crore as on March 31, 2022. Its net was at Rs 4,885 crore at the end of 2020-21 financial year.
- “Net Debt reduction of Rs 2,205 crore in FY22. Consistent reduction from operational surplus,” the presentation said.
- DLF said it is committed to further debt reduction in the medium-term.
Tamil Nadu FM hints no tax cut on petrol, diesel
- On Saturday, Union Finance Minister Nirmala Sitharaman announced that the Centre will reduce the excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre.
- Reacting to Sitharaman’s announcement, Rajan said it is neither fair nor reasonable to expect states to reduce their taxes.
- “It is pertinent to point out that the Union had never consulted the states when they increased the taxes on petrol and diesel multiple times. The exorbitant increase in taxes by the Union government has been only partially reduced through their cuts and the taxes continue to be high as compared to the 2014 rates,” he argued.
Sun Pharma recalls over 10,000 bottles of generic anti-depression drug in US
- Drug major Sun Pharma is recalling around 10,500 bottles of a generic drug meant for the treatment of major depressive disorders in the US market following a customer complaint.
- According to the latest enforcement report of the USFDA, the US arm of the domestic pharma major is recalling 10,548 bottles of bupropion hydrochloride extended-release tablets in the American market.
- The drug is used to treat depression and prevent Seasonal Affective Disorder.
- It is also used to help people stop smoking.
Heavy rain alert in Uttarakhand
Rain, strong winds likely in hills, Met asks tourists to stay alert till May 24
PM Modi to visit Tokyo from 23-24 May at the invitation of Japanese PM Fumio Kishida
- In Japan,PM will participate in the second in-person Quad Leaders’ Summi
- It will provide opportunity for leaders of Quad countries to review progress of initiatives: PM Modi
- Leaders of Quad countries will exchange views on developments in Indo-Pacific, global issues of mutual interest, PM said.
FPIs dump Indian equities worth over Rs 35,000 crore in May so far
- FPIs have pulled out over Rs 35,000 crore so far this month.
- With this, net outflow by FPIs from equities reached Rs 1.63 lakh crore so far in 2022.
- Foreign investors remained net sellers for seven months to April 2022, withdrawing a massive net amount of over Rs 1.65 lakh crore from equities.
- After six months of selling spree, FPIs turned net investors in the first week of April due to correction in the markets and invested Rs 7,707 crore in equities.
- However, after a short breather, once again they turned net sellers during the holiday-shortened April 11-13 week, and the sell-off continued in the succeeding weeks as well.
Raj Thackeray wants PM Modi to introduce Population Control Bill, Uniform Civil Code
I request the Prime Minister to bring Uniform Civil Code at the earliest, also bring a law on population control and change the name of Aurangabad to Sambhajinagar: MNS Chief Raj Thackeray in Pune
PNB earns over Rs 645 crore through ATM transaction charges in FY22
- Besides, the country’s second largest lender collected Rs 239.09 crore in the form of penalty imposed on customers who failed to maintain minimum balance or quarterly/monthly average balance in their bank accounts.
- In 2020-21, the bank had earned Rs 170 crore by levying charges on customers for not maintaining minimum balance in their accounts.
PM Modi announces ex-gratia of Rs 2 lakh each for next of kin of those killed in accident in UP’s Siddharthnagar
- Prime Minister Modi has announced an ex-gratia of Rs 2 lakh each from the Prime Minister’s National Relief Fund
- The injured would be given Rs 50,000 each.
- As many as eight people were killed after a jeep carrying 11 people rammed into a stationary truck on NH-28 in Siddharthnagar district.
Unified MCD comes into effect
- The new unified Municipal Corporation of Delhi, comprising the civic bodies of the national capital, came into effect on Sunday.
- The newly-appointed Special Officer and Commissioner also assumed the post with immediate effect.
- On May 19, the Centre issued a notification for the merger of the three civic bodies of Delhi as the term of the SDMC ended on May 18, while the NDMC and EDMC completed their tenures on May 19 and 22, respectively.
- On May 20, the Union Ministry of Home Affairs appointed the Special Officer and Commissioner of the unified MCD.
- The Ministry of Home Affairs has appointed IAS officer Ashwini Kumar as the Special Officer and Commissioner of the unified MCD.
- He will work as Special Officer with effect from May 22, till further orders, to supervise the working of the MCD.
Infosys reappoints Salil Parekh as Chief Executive Officer and Managing Director
- Infosys’ Board of Director reappointed Salil Parekh as CEO and MD for another five years
- Salil Parekh has been chief executive and managing director of Infosys since January 2018
- Parekh’s new term is effective July 1, 2022 till March 31, 2027.
- The company board has also approved a grant of 104,000 shares to six key management personnel and another 375,760 shares to 88 other senior executives.
India records 2,226 new Covid cases, 65 deaths in 24 hours
India’s active caseload currently stands at 14,955Active cases stand at 0.03%Recovery Rate at 98.75%192.28 crore vaccine doses have been administered so far
PMModi lauds Indian shuttlers
“I congratulate the whole team on behalf of the nation. This is not a small feat,” says PM Narendra Modi during his interaction with badminton champions of the Thomas Cup and Uber Cup.
Shanghai reports 52 confirmed, 570 asymptomatic local Covid-19 infections
Amid the rising Covid-19 infections in China, Shanghai, the export capital of the country reported 52 confirmed locally transmitted COVID-19 cases and 570 local asymptomatic cases on Saturday, Xinhua stated. Municipal Health Commission on Sunday, confirmed the infection tally. According to Xinhua, the economic hub of China has been facing the worst COVID-19 outbreak and has been desperately seeking medical care and basic supplies like food.
Albanese elected Australia’s leader in complex poll result
Australians awoke on Sunday to a new prime minister in Anthony Albanese, the centre-left Labour Party leader whose ascension to the nation’s top job from being raised in social housing by a single mother on a disability pension was said to reflect the changed fabric of the country today. The 59-year-old career politician, who has described himself as the only candidate with a “non-Anglo Celtic name” to run for prime minister in the 121 years the office has existed, referred to his humble upbringing in the inner-Sydney suburb of Camperdown while thanking electors for making him the country’s 31st leader.
Petrol price cut by Rs 8.69, diesel by Rs 7.05
Petrol price on Sunday was slashed by Rs 8.69 a litre and that of diesel by Rs 7.05 per litre following the government’s decision to cut excise duty on auto fuels, giving relief to consumers battered by high fuel prices that had pushed inflation to a record high. The government had on Saturday announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 reduction on diesel. The excise duty cut will translate into a reduction of Rs 8.69 a litre on petrol in Delhi and Rs 7.05 in diesel per litre after taking into account its impact on other levies.
Delhi reports 479 new Covid cases; positivity rate at 2.06%
Delhi reported 479 new Covid cases and one death due to the disease on Saturday while the positivity rate was 2. 06%, according to data shared by the city health department. With the new cases, Delhi’s Covid-19 caseload increased to 19,03,189 and the death toll rose to 26,200.