From the historical precedent for budgets presented after a contraction in the economy to what unicorns' coming of age means for big business and retail investors, here's what Business Standard columnists wrote this week.
Parts of country have imposed a temporary ban on sale and storage of poultry or processed chicken meat in view of the bird flu situation. As many as 238 birds including chickens were reported dead in Maharashtra on Wednesday and samples have been sent to the labs to check if avian influenza was the cause. Other states too have either confirmed cases or have sent samples for testing. What is the status now and is it a panic situation for people and industry? Watch the explainer video
It will be for the first time in over five decades that India will not have a chief guest at the Republic Day parade. The decision comes days after British Prime Minister Boris Johnson cancelled his visit to India to grace the Republic Day celebrations in view of the spread of a new variant of the coronavirus in the United Kingdom. India had invited Johnson as the Republic Day chief guest and he accepted India's invitation, calling it "a great honour". However, on January 5, Johnson cancelled his India visit due to the pandemic. Watch the video to know some interesting facts about times when - India did not a chief guest on January 26 or a foreign leader turned down the invitation.
Like the rest of India, West Bengal too, is gearing up for the coronavirus vaccination drive. The first consignment of around 1 million doses of Covid-19 vaccine 'Covishield' arrived in Kolkata on Wednesday. Covaxin, the other vaccine developed by Bharat Biotech, is also said to be available. Medical and nursing staff, who are called the frontline workers, will be inoculated first. Although some are ready to get the shot, some say they are not ready for it over safety concerns. We spoke to many hospital staff, including doctors, nurses and Group-D employees at different Kolkata hospitals. While a majority voiced satisfaction at the drive, not all healthcare workers hold the same view. Watch the reporting from Ground Zero.
A massive pan-India inoculation drive against Covid-19 is set in process. Doses of the Covishield vaccine were dispatched to 13 cities across India from Pune and taken to designated national and state-level stores amid tight security. With the vaccinations scheduled to begin on January 16 starting with healthcare and frontline workers in the first phase, the Centre said all the vaccine vials -- 11 million of Covishield from the Serum Institute of India and 5.5 million of Covaxin from Bharat Biotech -- will be received by January 14. There is a slogan printed on each box of Serum's vaccine, "May all be free from disease". Well, we also wish the same for the world's biggest rollout. Watch the video to know about all the developments related to vaccine
From Apple generating $64 billion revenue from app store in 2020, Samsung launching WiFi-enabled compact VRF AC systems to LG announcing 2021 lineup of Gram laptops, here are five top tech-related news that you should know.
From Rollable concept smartphone to miniLED display tech and smart robots, big tech companies like LG, Samsung, TCL, etc. showcased their technology prowess on the first day of the Consumer Electronics Show 2021 (CES 2021). South Korean electronics major LG unveiled its tech-rich smart television line-up. The company also teased its first expandable smartphone with flexible screen, named the LG Rollable. Samsung showcased its tech-rich smart television line-up. The South Korean electronics maker also showcased range of consumer and enterprise-centric robots. Take a look at the CES 2021 Day 1 Round-up.
In a historic move, Air India's longest direct route flight with the all-women pilot team landed at Kempegowda International Airport in Bengaluru from San Francisco, flying over the North Pole and covering a distance of about 16,000 kilometers. It was the first direct non-stop flight between the west coast of the United States and southern India. Watch the video to know more
Healthcare and education are some of the important sectors that are usually not given the attention they deserve in India’s Union Budgets. It has been so for many years. But the situation this time is different. At a time when the country – indeed, the entire world – is working to tide over a health crisis presented by the coronavirus pandemic, will Budget 2021 make a departure from the trend and place its expenditure focus on these sectors? In the fifth episode of ‘Beyond Budget Headlines with AKB’, Business Standard’s special video series in the run-up to Budget 2021, we discuss about the expenditure side of the Budget and look at sectors that have traditionally not been India's top expense areas but are now in the spotlight because of recent developments. The government needs to loosen its purse string in this pandemic Budget and spend more on the health sector, says our in-house policy expert A K Bhattacharya.
As heavy snowfall threw life out of gear across Kashmir Valley this week, Army troops helped a pregnant woman in Kupwara reach hospital by carrying her a distance of about 2 km in knee-deep snow before she could be driven to a hospital. The woman gave birth to a boy at the Karalpura hospital. Watch the inspiring video.
From labour markets disappointing in December to why the US Capitol riots was an attack on America, here’s what Business Standard columnists wrote this week
Donald Trump has finally condemned the mayhem caused by his supporters in the US Capitol, saying they do not represent America, as the beleaguered president vowed to ensure a "smooth, orderly and seamless" transition of power to President-elect Joe Biden. In a new video message, a day after he urged the crowds to head for the Capitol, where they forced their way inside, Trump said America is, and must always be a nation of law and order. In an unprecedented assault on democracy in the US, thousands of supporters of outgoing President Trump stormed the Capitol building on Wednesday and clashed with police, resulting in four deaths and interrupting a constitutional process by Congress to affirm the victory of Biden and Vice President-elect Kamala Harris in the November 3 election.
Ahead of talks with the government, thousands of farmers on Thursday took out tractor-march from protest sites of Singhu, Tikri and Ghazipur borders and Haryana's Rewasan against the three agriculture laws amid heavy police deployment. According to the protesting farm unions, this is just a "rehearsal" for their proposed January 26 tractor parade that will be moved into the national capital from different parts of Haryana, Punjab and Uttar Pradesh.
In an unprecedented attack on democracy, thousands of angry supporters of President Donald Trump stormed the US Capitol and clashed with police, resulting in multiple injuries and interrupting a constitutional process to affirm Joe Biden's victory in the November presidential election. The police, outnumbered by the protesters, had a tough time in managing the crowd on Wednesday, as hundreds of protesters breached security and entered the Capitol building, where members of the Congress were going through the process of counting and certifying the Electoral College votes. Both the House and Senate and the entire Capitol were placed under a lockdown.
The Union Health Ministry has said it is prepared to roll out Covid-19 vaccine within about a week, but a final decision on the launch date is yet to be taken. At a press briefing, Union Health Secretary Rajesh Bhushan said healthcare and frontline workers need not register themselves for the vaccination drive as their database has been uploaded on the Co-WIN vaccine delivery management system in a bulk. Watch the video to understand the mechanism of the vaccination rollout and other key details that you should know.
From WhatsApp sets record on New Year's eve, Google online store adds new dedicated section for subscriptions, to Facebook to offer more security features in 2021, here are the top tech news of the week.
Camping at Delhi borders for over a month now, protesting farmers seem undeterred in the face of severe cold, rains and waterlogging, and firm on their demands for repeal of farm laws and legal backing for MSP even as talks with the government remained inconclusive. On Monday, the seventh round of talks were held to resolve the deadlock. The unions stuck to their demand for a complete repeal of the new farm laws they find pro-corporate, while the government wanted to discuss only "problematic" clauses or other alternatives. The two sides will meet again on January 8.
Amid questions raised by industry experts and opposition parties on the emergency approval to its coronavirus vaccine Covaxin without publication of efficacy data, Bharat Biotech's chairman on Monday hit out at critics saying his firm had carried out "200 per cent honest clinical trials". Speaking to reporters at a virtual press conference, Krishna Ella said his firm has a track record of producing safe and efficacious vaccines and was transparent with all data. Watch the video for his full reply to his detractors.
GST collections surged to an all-time high of over Rs 1.15 trillion in December as economic activities picked up after lifting of stringent lockdown restrictions. Mop-up from the Goods and Services Tax (GST), which is levied when a consumable item is sold or a service such as travel booking rendered, in December was 12 per cent higher than such receipts in the same month of 2019. Watch the video to know what Finance Secretary has to say about the reasons behind such a surge.
A Jalandhar-based farmer who has been protesting at the Singhu border against the three agriculture laws has turned a container truck into a fully equipped temporary home. Harpreet Singh Mattu's temporary accommodation has all basic amenities like a sofa, bed, TV and even a functional toilet along with mobile charging points.