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Sensex tumbles 1,407 points: Three factors behind Dec 21 market crash

A sharp crash in the domestic markets left investors running for cover in Monday's session as benchmark equity indices tumbled. The S&P BSE Sensex lost 2,037 points in intra-day deals to hit a low of 44,923.08. The index, however, recovered partially and ended the day at 45,554 levels - down 3 per cent, or 1,407 points. On the other hand, the Nifty50 ended the day at 13,328 levels, down 3.14 per cent, or 432 points. Watch video to know about three key factors behind today's market crash.

'Baba Ka Dhaba' owner opens new food joint

New Delhi, Dec 21 (ANI): Kanta Prasad, the 80-year-old owner of 'Baba Ka Dhaba', started a new restaurant in Delhi's Malviya Nagar. "We're very happy, god has blessed us. I want to thank people for their help, I appeal to them to visit my restaurant. We will serve Indian and Chinese cuisine here," he said. Few months back, a video surfaced on internet showing octogenarian couple's plight. Social media enthusiasts came forward to flourish Baba's business.

Farmers' protest: Some interesting visuals that define this agitation

We bring to you some interesting stories that will give you a sense of what's happening inside protest sites and in a way define the agitation.

Covid vaccination in January? Govt shares priority and safety plans

India may begin vaccinating people against coronavirus in January and the government's first priority has been safety and efficacy of the vaccine, Union Health Minister Dr Harsh Vardhan said. He said that the worst is over but people still need to follow Covid appropriate behaviour to stay safe. watch the video to listen to his full statement.

Beyond Headlines: Govt must invest in small-gestation projects to expedite recovery

Many think that the Narendra Modi government has spent a lot this year, especially to mitigate issues faced by people in the wake of the coronavirus pandemic. But has it? It’s true that the government has announced stimulus packages to the tune of Rs 30 trillion. But if one were to make a comparison, the govt expenditure this year (till October-end) was roughly the same as last year. Given that expenditure was budgeted to be 13 per cent more this year, it is expected that the finance minister will spend more to expedite economic recovery. But where should she spend? Infrastructure, many say. Yes, of course the government should spend on infrastructure, but will that yield immediate benefits? Watch the video to learn more >

BS views of the week: From Big Tech's big worries to Modi's index of alarm

From why private banks and their ownership structures need to be strictly regulated, to the shrinking female workforce amid economic shocks, and more. Here's what Business Standard columnists wrote this week.

PM Modi says India received record amount of FDI during pandemic

Prime Minister Narendra Modi during a keynote address at ASSOCHAM Foundation Week 2020 on December 19 said that India received a record amount of FDI during Covid pandemic.

Facebook vs Apple over privacy policy: Vicious public battle explained

The Facebook-Apple war intensified when the social networking giant issued full-page newspaper ads once again, claiming that Apple's iOS 14 privacy changes "will change the internet as we know it". The new Facebook ad said that Apple privacy policies will force websites and blogs "to start charging you subscription fees" or add in-app purchases due to a lack of personalised ads, reports The Verge. With full-page ads in leading US publications, Facebook is apparently trying to convince regulators to look at Apple's privacy changes. Reacting to the first lot of full-page newspaper ad by Facebook that criticised Apple for its privacy changes, Apple said that users should know when their data is being collected.

Five news updates from the world of tech that you may have missed this week

From Alexa rolling out live translation feature in Echo devices, Google launching search panels to counter misinformation related to Covid vaccines to Samsung announcing 110-inch 4K TV, here are the top five news updates from the world of technology.

PM Modi's message to agitating farmers: 'New laws haven't come overnight'

Farm laws have not been introduced overnight, said Prime Minister Narendra Modi on Friday while adding that over the last 20 to 30 years, Centre and State Governments had detailed discussions on these reforms. He requested political parties with "folded hands" to keep all the credit for their "old election manifestos" which had reportedly promised agriculture sector reforms and urged them to stop misguiding the farmers over the new farm laws.

Nitin Gadkari plans a 'hill city more beautiful than Switzerland'

The government is planning to make a ‘hill city’ between Zoji La and Z-Morh tunnels, Minister of Road Transport & Highways, Nitin Gadkari said. He said that the ministry will meet on December 21 to discuss the project.

Arvind Kejriwal tears farm law copies, BJP calls him 'new chameleon'

Farmers' agitation: The Delhi Assembly on Thursday passed a resolution against the Centre's three new agriculture laws with Kejriwal tearing up farm law copies, saying he cannot betray farmers of the country. The Bharatiya Janata Party (BJP) criticised the Delhi government's stand.

Cracking NEET to cooking up a storm: 5 stories that you might have missed

From Tamil Nadu girl cooking 46 dishes in 58 minutes to six students from Mumbai slum cracking NEET, here are five news items that are equally important and interesting in their own ways but failed to grab limelight.

Key Cabinet announcements on agriculture, telecom and power sectors

Key Cabinet decisions: The Union Cabinet has approved a proposal for the auction of 2,251.25 megahertz of spectrum worth Rs 3.92 trillion at the base price. The telecom ministry plans to issue a notice to invite bids in December and hold the spectrum auction by March, telecom minister Ravi Shankar Prasad said. It has also approved a subsidy of Rs 3,500 crore to sugar mills for the export of 60 lakh tonnes of sweetener during the ongoing marketing year 2020-21 as part of its efforts to help them clear outstanding dues to sugarcane farmers. Watch the video for full coverage.

JEE Main 2021: Some important announcements by govt that you should know

The JEE-Mains exam for admission to engineering colleges will be held four times a year starting 2021 to offer flexibility to students and a chance to improve their scores, Union Education Minister Ramesh Pokhriyal Nishank announced on Wednesday. The first edition of the exam will be held from February 23 to 26, followed by rounds in March, April and May.

Pranab Mukherjee's memoir, a bone of contention between his children

The late Pranab Mukherjee's son and daughter are at loggerheads with each other over his memoir The Presidential Years, one saying it should not be published without his consent and the other "requesting" her brother to not create unnecessary hurdles in the publication of his last book. The book, which was in the news recently for Pranab Mukherjee's critical comments on the Congress, including his observation that the party lost political focus after his elevation as president, is set to be launched next month by Rupa, which published the two earlier volumes of his memoirs.

Power, jobs & border security: Modi on Rs 1.5-trn Kutch hybrid energy park

Prime Minister Narendra Modi on Tuesday visited Dhordo in Kutch, Gujarat on December 15 and laid the foundation stone of several development projects in the state, including a hybrid renewable energy park. The Hybrid Renewable Energy Park near Vighakot village in the district of Kutch in Gujarat will be the country's largest renewable energy generation park. It will lead to the generation of renewable energy to the tune of 30 GW. Spread over 72,600 hectares of land, the park will have a dedicated hybrid park zone for wind and solar energy storage, as well as an exclusive zone for wind park activities.

India's cold storage and vaccination plan against Covid: Key things to know

The Union health ministry has said 29,000 cold chain points, 240 walk-in coolers, 70 walk-in freezers, 45,000 ice-lined refrigerators, 41,000 deep freezers and 300 solar refrigerators will be used for Covid-19 vaccine storage. Providing the details about cold-chain management at a press conference, Union Health Secretary Rajesh Bhushan said guidelines for estimation of electrical and non-electrical cold chain equipment and their strengthening have been issued to states by the Centre.

5 iOS features not known to many Apple iPhone users

Apple iOS has come a long way. Technology enthusiasts consider the operating system used in iPhones as the best OS for smartphones. That is primarily because of its ease of use and user-centric value-added features. However, some of its features directly related to user experience are often not known to iPhone users. In this episode of BS Tech, we will take you through five such features.

Pride and glory of Dec 16, 1971: When India brought Pakistan to its knees

India celebrates December 16 as Vijay Diwas to commemorate its victory over Pakistan during the 1971 war that led to the creation of Bangladesh. In one of the fastest and shortest campaigns of military history, a new nation was born as a result of the swift campaign undertaken by the Indian Army. Watch the video to know the full story of Indian Army's courage and valour.