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China Masters, Dutch Open badminton tournaments cancelled
China Masters, Dutch Open badminton tournaments cancelled

Kuala Lumpur, The Badminton World Federation (BWF) on Tuesday announced the cancellations of the China Masters and Dutch Open from its revamped calendar for the 2020 season due to the coronavirus pandemic.

"Two BWF Tour Super 100 tournaments have been cancelled from the revamped BWF Tournament Calendar for th

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AITA awaits court's decision before acting on molestation & age-fraud charge
AITA awaits court's decision before acting on molestation & age-fraud charge

New Delhi, The All India Tennis Association (AITA) has asked for an explanation from Chandigarh Lawn Tennis Association (CLTA) on the topic of a junior player being allegedly molested by five players and of them being allegedly overage. However, it will have to wait until the court pronounces its judgement on the topic befo

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World Bank provides $400 mn to enhance support for Namami Gange
World Bank provides $400 mn to enhance support for Namami Gange

New Delhi, The Indian government and the World Bank on Tuesday signed a loan agreement to enhance support for the Namami Gange programme that seeks to rejuvenate the Ganga.

The Second National Ganga River Basin Project will help stem pollution in the iconic river and strengthen the management of the river bas

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Finance, IT stocks lift equity indices, Nifty ends near 10,800
Finance, IT stocks lift equity indices, Nifty ends near 10,800

Mumbai, The rally continued in the domestic stock market on Tuesday with both BSE Sensex and the Nifty50 on the National Stock Exchange rising for the fifth straight session.

The Nifty 50 settled just below the 10,800 mark. It rose 36 points or 0.33 per cent to close at 10,799.65 points against the previous close

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Essar Ports handles 11 mn tonne cargo in Q1, sees revival signs
Essar Ports handles 11 mn tonne cargo in Q1, sees revival signs

New Delhi, Essar Ports on Tuesday said that it handled 11.23 million tonnes of cargo in the April-June quarter, with 75 per cent growth in June compared to April.

According to the company, the growth in cargo handling are "green shoots" of economic recovery.

Noting the that Essar Ports tak

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SEBI extends compliance deadline for municipal bond issuers
SEBI extends compliance deadline for municipal bond issuers

Mumbai, The Securities and Exchange Board of India (SEBI) has further extended timelines for regulatory compliances by issuers of municipal debt securities in view of the Covid-19 pandemic.

The regulator extended the relaxations in terms of submission of investor grievance report, financial results and accounts ma

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HDFC Bank cuts interest rates on loans by 20 bps
HDFC Bank cuts interest rates on loans by 20 bps

Mumbai, The HDFC Bank has reduced the marginal cost of funds-based lending rates (MCLR) on loans across tenors by 20 basis points with immediate effect.

Following the reduction, MCLRs of the bank will range from 7.10 per cent to 7.65 per cent.

The bank's overnight MCLR now stands reduced to 7.10

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UltraTech arm to sell entire stake in Chinese cement firm
UltraTech arm to sell entire stake in Chinese cement firm

Mumbai, Krishna Holdings, a subsidiary of UltraTech Nathdwara Cement, will sell its entire 92.5 per cent stake in China's Shandong Binani Rongan Cement for around $129 million.

UltraTech Nathdwara Cement is a subsidiary of the UltraTech Cement.

In a regulatory filing on Tuesday, UltraTech said,

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US woman arrested after smashing face mask display
US woman arrested after smashing face mask display

Phoenix, A woman in the US state of Arizona, which has witnessed a recent surge in the number of COVID-19 cases, was arrested for smashing down a display of face masks at a store here.

A video clip posted on Twitter on Sunday showed the woman, now named "QAnon Karen" by internet followers, smashing down

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Publisher moves up release of book by Trump's niece
Publisher moves up release of book by Trump's niece

Washington, The publisher of a tell-all memoir written by US President Donald Trumps niece Mary is planning to release the book on July 14 despite an ongoing litigation aimed at blocking the book, the media report.

On Monday, publisher Simon & Schuster announced that "due to high demand and extraordinary

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