Delhi logged 980 fresh COVID-19 cases on Tuesday, highest since August 20, with a positivity rate of 25.98 per cent, meaning one in every four people tested returned a positive result, according to data shared by the city government's health department. The national capital also reported two more Covid deaths, the bulletin said. However, it added that COVID-19 was not the primary cause of death in one of the fatalities, while the case sheet on the other death was awaited. The fresh cases emerged out of the 3,772 tests conducted the previous day.
NSE Indices Ltd, an arm of the National Stock Exchange (NSE), on Tuesday launched the country's first-ever Real Estate Investment Trusts and Infrastructure Investment Trusts index -- Nifty REITs and InvITs Index. The index aims to track the performance of REITs and InvITs that are publicly listed and traded on the NSE, the exchange said in a statement. A real estate investment trust (REIT) or an infrastructure investment trust (InvIT) is an investment vehicle that owns revenue-generating real estate or infrastructure assets.
Tiger Global Management on Tuesday offloaded shares worth Rs 388 crore of supply chain player Delhivery through an open market transaction. Internet Fund III Pte, a fund managed by US-based private equity firm Tiger Global Management, sold the shares of Delhivery. According to the bulk deal data available with BSE, Internet Fund III Pte offloaded more than 1.17 crore shares amounting to 1.6 per cent stake in the company.
Uzbekistan has invited India's Election Commission to witness a "historic" referendum it is holding on April 30 on a series of amendments to the country's Constitution, Uzbek diplomats said on Tuesday. Uzbekistan's ambassador to India Dilshod Akhatov said constitutions of 190 countries including that of India were studied to bring in holistic and comprehensive changes to the Constitution of the country.
Former Congress president Sonia Gandhi on Tuesday launched a fierce attack on the Modi government accusing it of "misusing every power", drawing a sharp reaction from two union ministers who said her assessment was a "classic example of Modi hatred" and an "illusory" statement of the "highest improbity." In an Op-Ed piece for "The Hindu", Gandhi also said that with elections approaching in several key states, her party will take its message directly to people and join hands with all like-minded parties to defend the Constitution.
Maharashtra on Tuesday recorded 919 fresh coronavirus cases and one fatality that raised the tally of infections to 81,51,176, a state health department official said. With the latest fatality, the cumulative COVID-19 death toll rose to 1,48,461, he said. A day earlier, Maharashtra had seen a drop in infections as it reported 328 cases and one death. On Sunday, the state had logged 788 COVID-19 cases.
Before it explores legal options against the withdrawal of its national party status, the Trinamool Congress (TMC) will file a formal appeal with the Election Commission to review its decision, its leaders said Tuesday. The Election Commission on Monday withdrew the national party status of the TMC, Nationalist Congress Party (NCP) and the Communist Party of India (CPI).
The Indian economy continues to perform well and remains one of the fastest growing in the world, a top official of the International Monetary Fund said on Tuesday, even as it lowered its growth projection for 2023-24 to 5.9 per cent from 6.1 per cent earlier. "The Indian economy continues to perform well and remains the fastest growing Asian economy, and one of the fastest growing in the world," Anne-Marie Gulde-Wolf, Deputy Director for Asia and Pacific Department, IMF, told PTI in an interview.
Mother Dairy Fruit and Vegetable Pvt Ltd on Tuesday said it has launched more than 15 new products for the summer season this year. The new product line-up for this year includes a ready-to-consume custard, two cold coffees and more than 10 ice cream variants. In addition, the company has enriched its Nutrifit curd offering with Vitamins A & D, Mother Dairy said in a statement. The newly introduced range will be available across major markets of the company through both traditional and new-age distribution channels.
Justice Aparesh Kumar Singh was appointed the chief justice of the Tripura High Court on Tuesday. The post of the chief justice in Tripura fell vacant following the retirement of Justice Jaswant Singh recently. According to a notification issued by the Department of Justice in the Law Ministry, "In exercise of the powers conferred by Article 217 of the Constitution of India, the President is pleased to appoint Justice Aparesh Kumar Singh, Judge of the Jharkhand High Court, to be the Chief Justice of the Tripura High Court with effect from the date he assumes charge of his office." Born on July 7, 1965, Justice Singh got enrolled as an advocate in 1990.
The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Federal Reserve interest rate hikes. Consumer price data on Wednesday is expected to show headline inflation rose by 0.2% in March, while core inflation rose 0.4%. "A lot of traders are focused on this inflation data," said Edward Moya, senior market analyst at OANDA in New York. "Everyone's trying to get a sense of does the disinflation process return and does this complicate what the Fed does."
