INDIA NEWS - LATEST & LIVE BUSINESS, MARKET, POLITICALMARKETSBUSINESSBQ BLUE EXCLUSIVEVIDEOSRESEARCH REPORTSCORONAVIRUS PANDEMIC Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

NEW UNLOCK GUIDELINES: WHAT WILL REMAIN OPEN, CLOSED IN MUMBAI Public places like open grounds for walking or cycling will remain open between 5 a.m. and 9 a.m. everyday. All private offices can remain open on working days till 4 p.m., except exempted category. Office attendance for government and private offices (if allowed) is 50%. Outdoor sports allowed from 5 a.m. to 9 a.m. SENSEX, NIFTY PRE-MARKET CUES: ALL YOU NEED TO KNOW GOING The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index’s performance, rose 0.4% to 15,768.50 as of 7:15 a.m. Bitcoin traded around $36,000 after declining over the weekend amid a cryptocurrency crackdown in China. Crude oil and gold held on to

gains.

INDIA’S COVID VACCINATIONS DROPPED OFF IN MAY DESPITE India's Covid-19 inoculation drive sputtered and slowed in May even as the country opened up vaccinations for all its adult population. The country administered a total of 5.53 crore vaccine shots in May, compared to 7.75 crore doses in April—a drop of 28.7% from the previous month, according to data compiled from the government's CoWin

dashboard.

GASOLINE SHORTAGES DISAPPEARING TWO WEEKS AFTER PIPELINE (Bloomberg) --Gasoline shortages are fading in much of the U.S. Southeast more than two weeks after the nation’s biggest fuel pipeline was crippled by a cyberattack. Purchasing trends at corner gas stations and convenience stores are starting to normalize in most of the markets that ran dry during ITC Q4 RESULTS: REVENUES JUMP ON BACK OF CIGARETTE SALES ITC Ltd.’s quarterly profit rose, in line with estimates, led by cigarette sales. Net profit of the consumer goods company—also India’s largest cigarette maker—rose 6.5% over the preceding quarter to Rs 3,755.47 crore in the three months ended March, according to its exchange filing. That compares with the Rs 3,777.9-crore consensus estimate of analysts tracked by Bloomberg. AIRBUS BACKS LIGHTWEIGHT WING TO PRESERVE LEAD OVER BOEING A good decade ago, Airbus SE added more fuel-efficient engines to its A320 aircraft family, giving its already bestselling model a dramatic demand boost. Now the European company is seeking to repeat that success, this time with a new set of wings. ‘ENTIRE FAMILIES’ WIPED OUT BY COVID’S CARNAGE IN RURAL INDIA It’s a scenario playing out all over India. In interviews with representatives from more than 18 towns and villages in different parts of the country, officials outlined the scale of the carnage — from entire families wiped out to bloated bodies floating down the Ganges River to farmland left untended due to a lack of workers. VARIANT FROM INDIA IS IN 44 NATIONS; SINOVAC STUDY: VIRUS Variant From India Is in 44 Nations; Sinovac Study: Virus Update. (Bloomberg) -- A group of medical experts said children ages 12 to 15 years old can safely take the vaccine made by Pfizer Inc. and BioNTech SE, opening an important new phase of the U.S. immunization effort. (Bloomberg) -- A group of medical experts said children ages 12 to 15 INDIA’S COVID VACCINE POLICY: ALL YOU NEED TO KNOW This explainer seeks to clarify key aspects of India’s vaccination policy. Namely, who is eligible for a vaccine, what will it cost, who will provide it and by when. All the information is from official government statements as on May 4, 2021. INDIA NEWS - LATEST & LIVE BUSINESS, MARKET, POLITICALMARKETSBUSINESSBQ BLUE EXCLUSIVEVIDEOSRESEARCH REPORTSCORONAVIRUS PANDEMIC Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

NEW UNLOCK GUIDELINES: WHAT WILL REMAIN OPEN, CLOSED IN MUMBAI Public places like open grounds for walking or cycling will remain open between 5 a.m. and 9 a.m. everyday. All private offices can remain open on working days till 4 p.m., except exempted category. Office attendance for government and private offices (if allowed) is 50%. Outdoor sports allowed from 5 a.m. to 9 a.m. SENSEX, NIFTY PRE-MARKET CUES: ALL YOU NEED TO KNOW GOING The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index’s performance, rose 0.4% to 15,768.50 as of 7:15 a.m. Bitcoin traded around $36,000 after declining over the weekend amid a cryptocurrency crackdown in China. Crude oil and gold held on to

gains.

INDIA’S COVID VACCINATIONS DROPPED OFF IN MAY DESPITE India's Covid-19 inoculation drive sputtered and slowed in May even as the country opened up vaccinations for all its adult population. The country administered a total of 5.53 crore vaccine shots in May, compared to 7.75 crore doses in April—a drop of 28.7% from the previous month, according to data compiled from the government's CoWin

dashboard.

GASOLINE SHORTAGES DISAPPEARING TWO WEEKS AFTER PIPELINE (Bloomberg) --Gasoline shortages are fading in much of the U.S. Southeast more than two weeks after the nation’s biggest fuel pipeline was crippled by a cyberattack. Purchasing trends at corner gas stations and convenience stores are starting to normalize in most of the markets that ran dry during ITC Q4 RESULTS: REVENUES JUMP ON BACK OF CIGARETTE SALES ITC Ltd.’s quarterly profit rose, in line with estimates, led by cigarette sales. Net profit of the consumer goods company—also India’s largest cigarette maker—rose 6.5% over the preceding quarter to Rs 3,755.47 crore in the three months ended March, according to its exchange filing. That compares with the Rs 3,777.9-crore consensus estimate of analysts tracked by Bloomberg. AIRBUS BACKS LIGHTWEIGHT WING TO PRESERVE LEAD OVER BOEING A good decade ago, Airbus SE added more fuel-efficient engines to its A320 aircraft family, giving its already bestselling model a dramatic demand boost. Now the European company is seeking to repeat that success, this time with a new set of wings. ‘ENTIRE FAMILIES’ WIPED OUT BY COVID’S CARNAGE IN RURAL INDIA It’s a scenario playing out all over India. In interviews with representatives from more than 18 towns and villages in different parts of the country, officials outlined the scale of the carnage — from entire families wiped out to bloated bodies floating down the Ganges River to farmland left untended due to a lack of workers. VARIANT FROM INDIA IS IN 44 NATIONS; SINOVAC STUDY: VIRUS Variant From India Is in 44 Nations; Sinovac Study: Virus Update. (Bloomberg) -- A group of medical experts said children ages 12 to 15 years old can safely take the vaccine made by Pfizer Inc. and BioNTech SE, opening an important new phase of the U.S. immunization effort. (Bloomberg) -- A group of medical experts said children ages 12 to 15 INDIA’S COVID VACCINE POLICY: ALL YOU NEED TO KNOW This explainer seeks to clarify key aspects of India’s vaccination policy. Namely, who is eligible for a vaccine, what will it cost, who will provide it and by when. All the information is from official government statements as on May 4, 2021. BITCOIN FALL HAS STRATEGISTS SEEING POSSIBLE DROP TOWARD 1 day ago · Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. EMBRAER’S EVE IN $2 BILLION MERGER TALKS WITH ZANITE SPAC (Bloomberg) --Brazil’s Embraer SA is in talks to merge Eve Urban Air Mobility, its electric vehicle takeoff and landing unit, with Zanite Acquisition Corp., according to people with knowledge of the matter. The special purpose acquisition company is seeking to raise new equity

to support a

EL SALVADOR’S BITCOIN BOMBSHELL Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

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TURKEY WANTS FINANCIAL, MILITARY SUPPORT TO SECURE KABUL Turkey wants NATO allies to share the financial and security burden of having its troops safeguard the Kabul airport in Afghanistan, a critical issue for the U.S. as it seeks to maintain a diplomatic presence in the city. “Staying in Afghanistan is not a responsibility that a single country can INDIA’S COVID VACCINE POLICY: ALL YOU NEED TO KNOW This explainer seeks to clarify key aspects of India’s vaccination policy. Namely, who is eligible for a vaccine, what will it cost, who will provide it and by when. All the information is from official government statements as on May 4, 2021. INDIA OIL REFINERS SHUT FOR WORK BEFORE LIKELY DEMAND PICKUP 1 day ago · (Bloomberg) -- Indian oil refiners are taking advantage of weak demand due to the virus resurgence to carry out maintenance in anticipation of a revival in fuel consumption in the coming months. Bharat Petroleum Corp. has lined up work at its SOUTH AFRICAN ECONOMY STILL DOWN FROM PRE-PANDEMIC LEVELS Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

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THE PANDEMIC HAS BOOKS BACK IN BUSINESS AGAIN The Pandemic Has Books Back in Business Again. (Bloomberg Opinion) -- Theaters went dark in London’s West End last year, while galleries closed and concert halls stood silent. But there was one creative industry that flourished during lockdown: the reading and publishing

of books.

GREECE MATCHES RECORD BOND DEMAND AS INVESTORS GRAB YIELD (Bloomberg) --Greece received its strongest-ever demand for a bond sale and cemented its place as one of Europe’s most sought-after borrowers. The nation drummed up 30 billion euros of offers for its 2.5 billion-euro ($3.1 billion) sale of bonds due in 2031, the day before the European Central 10 GOVERNMENT MEASURES TO HELP POOR THROUGH LOCKDOWN 10 Government Measures To Help Poor Through Lockdown. India announced a Rs 1.7-lakh-crore relief package to take care of poor, workers and those who need immediate help amid a lockdown to combat the coronavirus pandemic.The Pradhan Mantri Garib Kalyan Scheme, which will cover 80 crore poor people, will include cash transfers and food

security

INDIA NEWS - LATEST & LIVE BUSINESS, MARKET, POLITICALMARKETSBUSINESSBQ BLUE EXCLUSIVEVIDEOSRESEARCH REPORTSCORONAVIRUS PANDEMIC Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

STOCK MARKETS LIVE: INDIAN SHARE/STOCK MARKET NEWS, DATAINDIA NEWSVIEW ALL STOCK STATSSTOCKS IN INDICES Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

INDIA’S COVID VACCINATIONS DROPPED OFF IN MAY DESPITE India's Covid-19 inoculation drive sputtered and slowed in May even as the country opened up vaccinations for all its adult population.The country administered a total of 5.53 crore vaccine shots in May, compared to 7.75 crore doses in April—a drop of 28.7% from the previous month, according to data compiled from the government's CoWin

dashboard.

GLOBAL ECONOMY NEWS

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

ITC Q4 RESULTS: REVENUES JUMP ON BACK OF CIGARETTE SALES ITC Ltd.’s quarterly profit rose, in line with estimates, led by cigarette sales. Net profit of the consumer goods company—also India’s largest cigarette maker—rose 6.5% over the preceding quarter to Rs 3,755.47 crore in the three months ended March, according to its exchange filing. That compares with the Rs 3,777.9-crore consensus estimate of analysts tracked by Bloomberg. SEBI FINDS INSIDER TRADING IN INFOSYS’ SHARES Capital One and Tesora’s trading concentration in Infosys’ shares a week prior to the results announcement was 27.63% and 36.5% respectively. It was almost 0% for both during 2-8 weeks prior to and after the date of corporate announcement of financial results, SEBI’s order has noted. On the basis of these trades, the regulator

has

INDIA’S COVID VACCINE POLICY: ALL YOU NEED TO KNOW This explainer seeks to clarify key aspects of India’s vaccination policy. Namely, who is eligible for a vaccine, what will it cost, who will provide it and by when. All the information is from official government statements as on May 4, 2021. AIRBUS BACKS LIGHTWEIGHT WING TO PRESERVE LEAD OVER BOEING A good decade ago, Airbus SE added more fuel-efficient engines to its A320 aircraft family, giving its already bestselling model a dramatic demand boost. Now the European company is seeking to repeat that success, this time with a new set of wings. CARS ARE ABOUT TO GET A LOT MORE EXPENSIVE (Bloomberg Opinion) --Cars are about to get a lot more expensive. Manufacturers and drivers should brace themselves. The price of everything that goes into a vehicle is going up. Raw materials — from the steel used for bodies, gear parts and frames to HEINEKEN CONSIDERS TAKEOVER OF SOUTH AFRICAN BREWER DISTELL Heineken NV, the world’s second-largest brewer, is in talks about a takeover of South African wine and spirits maker Distell Group Holdings Ltd. Heineken approached Distell about a possible acquisition of most of its business, the South African company said Tuesday, confirming an earlier Bloomberg News report. INDIA NEWS - LATEST & LIVE BUSINESS, MARKET, POLITICALMARKETSBUSINESSBQ BLUE EXCLUSIVEVIDEOSRESEARCH REPORTSCORONAVIRUS PANDEMIC Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

STOCK MARKETS LIVE: INDIAN SHARE/STOCK MARKET NEWS, DATAINDIA NEWSVIEW ALL STOCK STATSSTOCKS IN INDICES Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

INDIA’S COVID VACCINATIONS DROPPED OFF IN MAY DESPITE India's Covid-19 inoculation drive sputtered and slowed in May even as the country opened up vaccinations for all its adult population.The country administered a total of 5.53 crore vaccine shots in May, compared to 7.75 crore doses in April—a drop of 28.7% from the previous month, according to data compiled from the government's CoWin

dashboard.

GLOBAL ECONOMY NEWS

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

ITC Q4 RESULTS: REVENUES JUMP ON BACK OF CIGARETTE SALES ITC Ltd.’s quarterly profit rose, in line with estimates, led by cigarette sales. Net profit of the consumer goods company—also India’s largest cigarette maker—rose 6.5% over the preceding quarter to Rs 3,755.47 crore in the three months ended March, according to its exchange filing. That compares with the Rs 3,777.9-crore consensus estimate of analysts tracked by Bloomberg. SEBI FINDS INSIDER TRADING IN INFOSYS’ SHARES Capital One and Tesora’s trading concentration in Infosys’ shares a week prior to the results announcement was 27.63% and 36.5% respectively. It was almost 0% for both during 2-8 weeks prior to and after the date of corporate announcement of financial results, SEBI’s order has noted. On the basis of these trades, the regulator

has

INDIA’S COVID VACCINE POLICY: ALL YOU NEED TO KNOW This explainer seeks to clarify key aspects of India’s vaccination policy. Namely, who is eligible for a vaccine, what will it cost, who will provide it and by when. All the information is from official government statements as on May 4, 2021. AIRBUS BACKS LIGHTWEIGHT WING TO PRESERVE LEAD OVER BOEING A good decade ago, Airbus SE added more fuel-efficient engines to its A320 aircraft family, giving its already bestselling model a dramatic demand boost. Now the European company is seeking to repeat that success, this time with a new set of wings. CARS ARE ABOUT TO GET A LOT MORE EXPENSIVE (Bloomberg Opinion) --Cars are about to get a lot more expensive. Manufacturers and drivers should brace themselves. The price of everything that goes into a vehicle is going up. Raw materials — from the steel used for bodies, gear parts and frames to HEINEKEN CONSIDERS TAKEOVER OF SOUTH AFRICAN BREWER DISTELL Heineken NV, the world’s second-largest brewer, is in talks about a takeover of South African wine and spirits maker Distell Group Holdings Ltd. Heineken approached Distell about a possible acquisition of most of its business, the South African company said Tuesday, confirming an earlier Bloomberg News report.

BUSINESS NEWS INDIA

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

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AS INDIANS SAY #RESIGNMODI, A PETITION RACES AHEAD As Indians Say #ResignModi, A Petition Races Ahead. One of the most powerful viral videos to come out of India’s Covid-19 emergency is that of a young woman, grief-stricken, breathless, dishevelled from hours of caregiver duty – and very, very angry. “I’ve deposited Rs 4.70 lakh and they don’t even know which test my dad has done and ECONOMIST WHO SAID INFLATION WAS DEAD NOW THINKS IT’S ALIVE 1 day ago · Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. BITCOIN SLUMPS TOWARD LEVELS LAST SEEN IN MAY’S CRYPTO SELLOFF Bitcoin slumped to a two-week low, with some analysts pointing to the recovery of Colonial Pipeline Co.’s ransom as evidence that crypto isn’t beyond government control. The largest token tumbled as much as 8.2% to $31,645 in New York trading. The wider Bloomberg Galaxy Crypto Index fell as much SOUTH AFRICAN ECONOMY STILL DOWN FROM PRE-PANDEMIC LEVELS 5 hours ago · (Bloomberg) --South Africa’s economy is slowly recovering from the impact of restrictions to contain the Covid-19 pandemic, with quarterly expansion beating expectations. Gross domestic product grew an annualized 4.6% in the three months through NIFTY OPTION CHAIN: LIVE NSE/NIFTY OPTION CHAIN PRICE Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

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WEBSITE OUTAGE HITS REDDIT, NEWS, U.K. GOVERNMENT PAGES 7 hours ago · (Bloomberg) --Websites across the internet were unavailable on Tuesday, including the New York Times, Bloomberg News, Reddit, and the U.K. government, after services from content-delivery network Fastly Inc. went down. Fastly runs a content delivery network that pushes data quickly around the HOW TO STOP RANSOMWARE ATTACKS 5 hours ago · To defeat this approach, the Justice Department needs to get more aggressive. Its recently formed Ransomware and Digital Extortion Task Force, which yesterday announced it had recovered much of the funds extorted from Colonial Pipeline, is a good start. To be most effective, it should dedicate a team of U.S. attorneys and FBI agents with technical backgrounds to long-term cybercrime SAUDI STOCKS WHIPSAWED AS GLOBAL WEBSITE OUTAGE SPARKS SELLING Saudi stocks plunged the most in weeks before recovering as a global outage in websites across the internet fueled volatility. The Tadawul All Share Index fell as much as 1.1% in Riyadh, the most intraday since April 29, before erasing the slump to close up 0.1%. “People are panic-selling because BHARAT FORGE SEES INDIA TRUCK DEMAND RECOVERING AFTER AUGUST 15 hours ago · Bharat Forge Ltd. expects export demand to continue driving growth even as it is optimistic about a domestic rebound in the ongoing fiscal. Exports, along with lower other expenses, helped the company beat operating income estimates in the quarter ended March, according to Amit Kalyani, deputy managing director. INDIA NEWS - LATEST & LIVE BUSINESS, MARKET, POLITICALMARKETSBUSINESSBQ BLUE EXCLUSIVEVIDEOSRESEARCH REPORTSCORONAVIRUS PANDEMIC Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

STOCK MARKETS LIVE: INDIAN SHARE/STOCK MARKET NEWS, DATAINDIA NEWSVIEW ALL STOCK STATSSTOCKS IN INDICES Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

HOW INDIA’S COVID RESPONSE SWUNG FROM JUBILATION TO DESPAIR (Bloomberg) -- When the novel coronavirus began infecting the world, many feared that its arrival in India would spell disaster for global efforts to stem the spread. So when the first wave ebbed with official mortality data showing the nation of 1.

GLOBAL ECONOMY NEWS

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

POLICE INFILTRATION OF ENCRYPTED APP BUSTS GLOBAL CRIME RING Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

INDIA’S COVID VACCINATIONS DROPPED OFF IN MAY DESPITE India's Covid-19 inoculation drive sputtered and slowed in May even as the country opened up vaccinations for all its adult population. The country administered a total of 5.53 crore vaccine shots in May, compared to 7.75 crore doses in April—a drop of 28.7% from the previous month, according to THE PERSISTENT POLITICS OF THE TULSA RACE MASSACRE Racial violence has been a feature of American political economy for at least 150 years. Decades before the devastation in Tulsa and the Red Summer of 1919, White supremacists had been seeking to limit Black people’s access to wealth and prosperity, most prominently by bringing Reconstruction to a violent end. The movement back to antebellum norms that we now call “Jim Crow” INDIA’S COVID VACCINE POLICY: ALL YOU NEED TO KNOW This explainer seeks to clarify key aspects of India’s vaccination policy. Namely, who is eligible for a vaccine, what will it cost, who will provide it and by when. All the information is from official government statements as on May 4, 2021. ITC Q4 RESULTS: REVENUES JUMP ON BACK OF CIGARETTE SALES ITC Ltd.’s quarterly profit rose, in line with estimates, led by cigarette sales. Net profit of the consumer goods company—also India’s largest cigarette maker—rose 6.5% over the preceding quarter to Rs 3,755.47 crore in the three months ended March, according to its exchange filing. That compares with the Rs 3,777.9-crore consensus estimate of analysts tracked by Bloomberg. SEBI FINDS INSIDER TRADING IN INFOSYS’ SHARES The market regulator has found two employees of Infosys Ltd. guilty of violating its insider trading regulations. It has passed interim directions against Venkata Subramaniam, senior principal, corporate accounting group; and Pranshu Bhutra, senior corporate counsel at the

company.

INDIA NEWS - LATEST & LIVE BUSINESS, MARKET, POLITICALMARKETSBUSINESSBQ BLUE EXCLUSIVEVIDEOSRESEARCH REPORTSCORONAVIRUS PANDEMIC Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

STOCK MARKETS LIVE: INDIAN SHARE/STOCK MARKET NEWS, DATAINDIA NEWSVIEW ALL STOCK STATSSTOCKS IN INDICES Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

HOW INDIA’S COVID RESPONSE SWUNG FROM JUBILATION TO DESPAIR (Bloomberg) -- When the novel coronavirus began infecting the world, many feared that its arrival in India would spell disaster for global efforts to stem the spread. So when the first wave ebbed with official mortality data showing the nation of 1.

GLOBAL ECONOMY NEWS

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

POLICE INFILTRATION OF ENCRYPTED APP BUSTS GLOBAL CRIME RING Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

INDIA’S COVID VACCINATIONS DROPPED OFF IN MAY DESPITE India's Covid-19 inoculation drive sputtered and slowed in May even as the country opened up vaccinations for all its adult population. The country administered a total of 5.53 crore vaccine shots in May, compared to 7.75 crore doses in April—a drop of 28.7% from the previous month, according to THE PERSISTENT POLITICS OF THE TULSA RACE MASSACRE Racial violence has been a feature of American political economy for at least 150 years. Decades before the devastation in Tulsa and the Red Summer of 1919, White supremacists had been seeking to limit Black people’s access to wealth and prosperity, most prominently by bringing Reconstruction to a violent end. The movement back to antebellum norms that we now call “Jim Crow” INDIA’S COVID VACCINE POLICY: ALL YOU NEED TO KNOW This explainer seeks to clarify key aspects of India’s vaccination policy. Namely, who is eligible for a vaccine, what will it cost, who will provide it and by when. All the information is from official government statements as on May 4, 2021. ITC Q4 RESULTS: REVENUES JUMP ON BACK OF CIGARETTE SALES ITC Ltd.’s quarterly profit rose, in line with estimates, led by cigarette sales. Net profit of the consumer goods company—also India’s largest cigarette maker—rose 6.5% over the preceding quarter to Rs 3,755.47 crore in the three months ended March, according to its exchange filing. That compares with the Rs 3,777.9-crore consensus estimate of analysts tracked by Bloomberg. SEBI FINDS INSIDER TRADING IN INFOSYS’ SHARES The market regulator has found two employees of Infosys Ltd. guilty of violating its insider trading regulations. It has passed interim directions against Venkata Subramaniam, senior principal, corporate accounting group; and Pranshu Bhutra, senior corporate counsel at the

company.

BUSINESS NEWS INDIA

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

audiences.

ECONOMIST WHO SAID INFLATION WAS DEAD NOW THINKS IT’S ALIVE 21 hours ago · A quarter of a century after declaring the death of inflation, Roger Bootle is seeing signs of its rebirth. Pockets of price growth are emerging from the cost of used cars to lumber as the world starts to recover from the coronavirus pandemic. That’s pushed borrowing costs in financial markets to HOW INDIA’S COVID RESPONSE SWUNG FROM JUBILATION TO DESPAIR (Bloomberg) -- When the novel coronavirus began infecting the world, many feared that its arrival in India would spell disaster for global efforts to stem the spread. So when the first wave ebbed with official mortality data showing the nation of 1. NIFTY OPTION CHAIN: LIVE NSE/NIFTY OPTION CHAIN PRICE Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

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BLACKSTONE TO BUY DATA-CENTER OPERATOR QTS FOR 21% PREMIUM (Bloomberg) --Blackstone Group Inc. has agreed to acquire data-center operator QTS Realty Trust Inc. in a deal valued at roughly $10 billion. Blackstone Infrastructure Partners and BREIT, the private equity firm’s nontraded real estate investment trust, have agreed to pay $78 a share for QTS HONG KONG’S POOR FAMILIES DOUBLED AMID PANDEMIC, PROTESTS (Bloomberg) --The number of low-income households in Hong Kong has almost doubled over the past two years, underscoring the damage wrought by a historic recession amid protests and the pandemic.At the end of March 2021, there were almost 302,000 people living in “low-income households,” which means they had a monthly income of less than HK$9,100 ($1,173) according to a Hong Kong POLICE INFILTRATION OF ENCRYPTED APP BUSTS GLOBAL CRIME RING Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated

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RUSSIA WEIGHS SELLING MORE DIAMOND STOCKS TO TAP GLOBAL DEMAND (Bloomberg) --Russia is considering selling more rough diamonds from state stockpiles this year to benefit from a recovery in global demand following a Covid-19-induced slump last year. The government is preparing a decree to increase planned sales of GEORGE FLOYD'S DEATH LEFT SCARS IN FRANCE, TOO (Bloomberg Opinion) --One year on from the protests against racism and police violence that swept European cities such as Paris and London after George Floyd’s death, it’s fair to say the initial impact was short-lived.Protesters confronted politicians, toppled statues and sparked changes — including a pledge to stop police using choke holds in France, where lethal force is otherwise THINKPAD: SUNSHINE AND RAIN 1 day ago · The equity markets are back to their sunny ways—the Sensex and the Nifty both hit record highs during the course of this week—and the primary markets are starting to feel the sun on their face, too. In a recent note, Jefferies said they expect $30-40 billion or Rs 2-3 lakh crore in equity supply Bloomberg the Company & Its ProductsThe Quint

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SINGAPORE PRIME MINISTER SAYS CORONAVIRUS IMPACT ALREADY WORSE THAN

SARS: ST

* Michelle Jamrisko

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Feb 14 2020, 12:38 PMFeb 14 2020, 1:21 PMFebruary 14 2020, 12:38 PMFebruary 14 2020, 1:21 PM

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(Bloomberg) -- _Follow Bloomberg on LINE messenger for all the business news and analysis you

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Singapore is battling a “very intense outbreak” of the coronavirus and its economic impact on the island is already more severe than that from SARS in 2003, the Straits Times reported, citing Prime Minister

Lee Hsien Loong.

The coronavirus may take longer to be eradicated here compared to severe acute respiratory syndrome, or SARS, the paper quoted Lee as saying. Economies in the region are more interlinked and China plays a larger part, resulting in a greater impact, he said. “I can’t say whether we will have a recession or not,” Lee was cited as saying. “It’s possible, but definitely our economy will

take a hit.”

Last year

,

Singapore’s economy expanded 0.7%, the slowest pace in a decade. �2020 Bloomberg L.P.

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