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India looks set to beat recession even as new coronavirus cases loom


India looks set to beat recession even as new coronavirus cases loom
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A man wearing a facemask as a preventive measure against the Covid-19 coronavirus, reads a newspaper in New Delhi.
(AFP)
. Updated: 26 Feb 2021, 07:48 AM IST Bloomberg
India will become one of the few major economies to post growth in the last quarter of 2020
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As India’s economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centres risks undoing some of the gains.
Data due later Friday will probably show gross domestic product expanded 0.6% in the three months ended December, after contracting for two consecutive quarters, according to the median forecast in a Bloomberg survey of economists. That will help Asia’s third-largest economy exit an unprecedented recession.

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Dell, HP say PC surge to continue even in return to school, work


Dell, HP say PC surge to continue even in return to school, work
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. Updated: 26 Feb 2021, 07:49 AM IST Bloomberg
The US companies, two of the world’s top three PC makers, reported sales and profit in the three-months ending in January that topped analysts’ estimates
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Dell Technologies Inc. and HP Inc. reported earnings buoyed by a resurgent personal computer demand they projected will continue even as people return to offices and schools when the coronavirus pandemic is under control.
The U.S. companies, two of the world’s top three PC makers, reported sales and profit in the three-months ending in January that topped analysts’ estimates.

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Infra.Market turns unicorn with funds from Tiger Global, others


Infra.Market turns unicorn with funds from Tiger Global, others
The startup has been profitable since 2016 and in FY20 it posted a net profit of ₹8 crore. iStockphoto
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Infra.Market, a B2B startup catering to the construction and infrastructure sector, has joined the coveted unicorn club after raising $100 million (approximately ₹724 crore) in a Series C round led by existing investor Tiger Global.
The startup took less than 20 months to touch the $1 billion valuation since raising seed round from Accel Partners in 2019. Accel Partners also participated in the latest funding round along with other existing partners Nexus Venture Partners, Evolvence India Fund, Sistema Asia Fund, and Fundamental Gmbh.

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SUV with explosives, threat letter found near Mukesh Ambani's house Antilia in Mumbai; FIR registered


Home >News >India >SUV with explosives found near Mukesh Ambani's house in Mumbai, FIR lodged, security up: What we know so far
SUV with explosives found near Mukesh Ambani's house in Mumbai, FIR lodged, security up: What we know so far
Visuals from outside Mukesh Ambani's house Antilia in Mumbai where a SUV carrying gelatin sticks was found parked last night.
(ANI)Premium
An FIR has also been registered at the Gamdevi Police Station against unidentified persons
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An abandoned SUV containing 20 gelatin sticks was found outside business tycoon Mukesh Ambani's house in Mumbai on Thursday. The suspicious SUV, a Scorpio van, was spotted near the famous Antilia on Peddar road.

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US unemployment claims fell sharply last week


US unemployment claims fell sharply last week
File Photo: The recent level of applications is well down from a peak of near seven million last spring
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Eric Morath
, The Wall Street Journal
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The jobs market appears to be returning to growth, with new applications for unemployment benefits falling to the lowest level since November amid other signs hiring is picking up.
Initial weekly unemployment claims decreased by 111,000 to a seasonally adjusted 730,000 last week, the Labor Department said Thursday. It was also the biggest drop in new applications for regular state programs since last summer.

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Guidelines for pharma PLI scheme to be out by March: secy


Guidelines for pharma PLI scheme to be out by March: secy
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The Centre is likely to announce guidelines for the ₹15,000 crore production-linked incentive (PLI) scheme for the pharma sector in March, pharma secretary S. Aparna said on Thursday.
“Now that we have cabinet approval, we will issue guidelines. Formulating the guidelines will take a month or so. During that time, we will interact with the industry... We might issue the guidelines by the end of March and then call for applications," she said.
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How much a house costs in Pune


How much a house costs in Pune
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You can claim tax benefits on home loan for both principal repayment and the interest paid. Photo: iStock
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Our compilation of property prices of prominent localities in major cities and surrounding areas across India may help you compare and make an informed decision
Here are prices of some properties in price bands of below ₹50 lakh, ₹50-75 lakh, and above ₹75 lakh
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A house is probably the biggest spend for most Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult—the main obstacle cost.

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Airbnb sales beat estimates, showing demand amid Covid-19 surge


Airbnb sales beat estimates, showing demand amid Covid-19 surge
The Airbnb logo
. Updated: 26 Feb 2021, 05:18 AM IST Bloomberg
Releasing its financial results for the first time as a public company on Thursday, Airbnb showed sales of $859 million in the final three months of 2020, a decline of only 22% from a year earlier
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Airbnb Inc. reported quarterly revenue that blitzed analysts’ estimates, benefiting as travellers chose vacation rentals during a holiday season marred by rising Covid-19 cases.
The company didn’t give a financial forecast and it was cautious about 2021, keeping a lid on share gains in extended trading.

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Protest in Canada's Burnaby against attacks on Hindus by Khalistan supporters

Protest in Canada's Burnaby against attacks on Hindus by Khalistan supporters
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

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