Latest live: India's May PMI manufacturing comes in at 54.6 vs 54.7 m-o-m

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More than 112,000 child Covid-19 cases were reported in the US during the past week, a doubling of case counts from the four weeks prior, according to the latest report by the American Academy of Pediatrics (AAP) and the Children's Hospital Association. It marks the seventh consecutive weekly increase in child Covid-19 cases in the US, said the report published on Tuesday. Nearly 13.4 million children have tested positive for Covid-19 since the onset of the pandemic in the country, and nearly 376,000 of these cases have been added in the past four weeks, according to the report. Nearly 5.5 million child Covid-19 cases have been added nationwide so far in 2022

Hurricane Agatha caused flooding and mudslides that killed at least 10 people and left 20 missing, the governor of the southern state of Oaxaca said. Governor Alejando Murat said rivers overflowed their banks and swept away people in homes, while other victims were buried under mud and rocks. There were fundamentally two reasons for the deaths, Murat told local media. There were rivers that overflowed, and on the other hand, and the most serious part, were landslides.

Russian energy giant Gazprom has said it would no longer supply gas to Denmark's largest energy company Orsted and will halt deliveries to Germany under the Shell Energy Europe contract. Orsted has notified Gazprom Export that it would no longer make payments for gas in rubles, and Shell Energy Europe Limited said it would not pay in rubles for gas supplies to Germany, Gazprom added on Tuesday on Telegram. It said the cuts will be effective from Wednesday, Xinhua news agency reported.

10:00 AM

Telangana draws investments worth Rs 2.34 trn in 8 yrs

Telangana has attracted investments to the tune of over Rs 2.34 lakh crore since the formation of the state in 2014, an official report said.

 

To accelerate industrial growth in the state and to make Telangana a favoured destination for investment, the state government had enacted the TS-iPASS( Telangana State Industrial Project Approval and Self Certification System) Act for granting approvals to the entrepreneurs at a single point within set time limits based on a self-certification furnished by the entrepreneurs.

 

As on date 19,837 units with proposed investment of Rs2,34,836 crore and proposed employment of 76,56,460 have obtained approvals.

9:36 AM

Shanghai starts coming back to life as Covid lockdown eases

Shanghai residents visited the waterfront Bund and ate and drank along streets patrolled by police early on Wednesday as people in China's largest city savoured the easing of its severe two-month Covid-19 lockdown. The lockdown set back the national economy and largely confined millions to their homes, while its ruthless and often chaotic enforcement prompted protests in person and online that are seldom seen under China's strict authoritarian government.

 

Full bus and subway service will be restored Wednesday, as will basic rail connections with the rest of China. Still, more than half a million people in the city of 25 million are still under lockdown or in designated control zones because virus cases are still being detected.

9:07 AM

Canada imposes new sanctions on Russian financial sector amid Ukraine war

Canadian Minister of Foreign Affairs Melanie Joly announced on Tuesday that Canada is imposing new sanctions on Russia's financial sector. In a news release, the minister said the new measures would impose restrictions on 22 individuals and 4 entities, and that among the individuals and entities listed are senior officials of Russian financial institutions and their family members, as well as key financial institutions and banks.

8:52 AM

India logs 2,745 cases, 6 deaths

India logs 2,745 new cases, 6 deaths in 24 hours. Active case tally at 18,386.

8:44 AM

Adityanath to lay foundation stone of Ram Mandir's Garbhagriha in Ayodhya today

Uttar Pradesh Chief Minister Yogi Adityanath will lay the foundation stone of Ram Mandir's Garbhagriha in Ayodhya today, preparations underway

 

8:12 AM

Prices of 19kg commercial LPG cylinders reduced by Rs 135 per cylinder

Prices of 19kg commercial LPG cylinders reduced by Rs 135 per cylinder. It will now cost Rs 2219 in Delhi, in Kolkata it will cost Rs 2322, in Mumbai Rs 2171.50, and in Chennai it will cost Rs 2373.

 

No change in rates of domestic LPG cylinder. New rates are effective from today.