Latest LIVE: ED summons Gehlot's elder brother for questioning today

Chief Minister Ashok Gehlot said at a CLP meeting that he had spoken to Prime Minister Narendra Modi over the current political situation in the state. Stay tuned for latest news live updates

9:49 PM

Caterpillar results likely to shed light on economic recovery

When Caterpillar Inc reports earnings on Friday, investors will look for clues about the strength of economic recovery from the coronavirus pandemic.

 

Since the heavy equipment maker is considered a bellwether for global economic activity, signals such as an earnings guidance or resumption of share repurchases should reassure Wall Street about underlying business conditions.

 

Caterpillar's profit is expected to plunge 77 per cent year-on-year to 64 cents a share, according to IBES data from Refinitiv. Revenue is estimated to decline 35 per cent to $9.38 billion.

 

The Deerfield, Illinois-based company has not yet provided new earnings guidance after it withdrew the 2020 outlook in late March citing uncertainty about the pandemic. To preserve cash, share repurchases have been suspended.

9:39 PM

Three killed in rain-related incidents in Uttarakhand, Bengal; 60 more rescued in flood-hit Bihar

9:39 PM

Govt relaxes export norms for face shields, surgical masks, medical goggles

The government on Tuesday relaxed norms for the export of face shields, certain kind of surgical masks and medical goggles which are in demand due to coronavirus pandemic.
 

The government has made export of face shields free and permitted outward shipments of 2/3 ply surgical masks and medical goggles with certain conditions.
 

Earlier export of 2/3 Ply surgical masks, medical goggles and face shields were banned in the wake of Covid-19 pandemic.

9:38 PM

Gold smuggling:suspended IAS officer Sivasankar quizzed by NIA for over 10 hours

9:38 PM

Biden says post-pandemic economy can fight racial inequality

Joe Biden unveiled a plan Tuesday to ensure that the nation's post-pandemic economic recovery is built around promoting racial equality, promising to dramatically spur investment in Black-owned small businesses and encourage home ownership while closing wealth gaps among minority communities.

 

Much of the 26-page proposal and the billions in federal spending needed to pay for it had already been promised as part of previous, larger Biden plans to jumpstart the economy when the coronavirus outbreak begins to recede.

 

But as protests against institutional racism and police brutality have swept the country in recent months, the presumptive Democratic presidential nominee is attempting to show voters that he's committed to implementing specific remedies that can promote racial and economic equality should he win the White House in November.

9:31 PM

Air travel expected to not recover before 2024

Global air travel is recovering more slowly than expected and will take until until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday.
 

The International Air Transport Association pushed back its prediction by one year due to the slow containment of the outbreak in the US and developing countries.
 

The industry is seeing a rebound from the depths of the shutdowns in April, but the bad new is that any increase is barely visible, IATA chief economist Brian Pearce said Tuesday during an online briefing for journalists.

9:29 PM

Plea in SC to remove 'socialist' and 'secular' words from Constitution's preamble

8:47 PM

Wall Street slips in early trading; gold hovers near record

Stocks are drifting lower in early trading on Wall Street Tuesday following a mixed set of earnings reports from big US companies, news agency AP reported.
 

The S&P 500 was down 0.4% after the first 20 minutes of trading, while Treasury yields were holding relatively steady and gold inched a bit further into record heights.

 

The Dow Jones Industrial Average was down 164 points, or 0.6%, at 25,430, as of 9:50 a.m. Eastern time, and the Nasdaq composite was down 0.5%. 3M was a particularly heavy weight pulling the Dow lower after dropping 4.8%.

8:42 PM

Karnataka Congress chief slams state govt for curtailing chapters on Tipu Sultan, Hyder Ali

Karnataka Congress President DK Shivakumar on Tuesday criticised BJP-led Karnataka government for limiting or omitting various topics including chapters on 18th century Mysore ruler Tipu Sultan and his father Haider Ali, according to an ANI report.

 

Speaking to media here at Karnataka Pradesh Congress Committee (KPCC) office, Shivakumar said Congress will not allow BJP government in Karnataka to "divert history".

 

"Tipu Sultan does not belong to one caste or a class. He is part of the history of this country. BJP government has removed chapters related to him for its political advantage. It is their decision whether they celebrate Tipu Sultan Jayanti or not, but he is part of our history. The President of this country Ramnath Kovind came to the Vidhan Sabha and praised Tipu's patriotism during a joint session," Shivakumar said.

 

"The BJP government has come to power today. Our history should not change. We will not let these people to covert or dilute history. This is the stand of the Congress party. Our experts will study the pros and cons of this decision," he added.

8:14 PM

Rajasthan MLA files petition in High Court seeking NIA probe in alleged horse-trading case

8:10 PM

Thoothukudi custodial deaths case: Madras HC directs CBI to file status report in a sealed cover on August 17

8:09 PM

Air pollution shortened average Indian life expectancy by 5.2 years: Report

Air pollution has shortened the average Indian life expectancy by 5.2 years and residents of Delhi could see 9.4 years added to their lives if pollution were reduced to meet the WHO guideline, according to a new report.

 

The World Health Organisation guideline stipulates that PM2.5 (particulate matter less than 2.5 microns in diameter) not exceed 10 micron per cubic metre and that PM10 (particulate matter less than 10 microns in diameter) not exceed 20 micron per cubic metre.

 

In India, average PM2.5 concentration in 2018 was 63 micron per cubic metre. READ MORE...

7:51 PM

Vikas Dubey encounter: SC rejects pleas seeking removal of ex-DGP from inquiry commission

The Supreme Court Tuesday dismissed the pleas seeking removal of former Director General of Police (DGP) of Uttar Pradesh K L Gupta from the 3-member inquiry commission set up to probe the killing of gangster Vikas Dubey in police encounter.

 

A bench headed by Chief Justice S A Bobde said it would not allow the petitioners, who had referred to statements given by Gupta to the media for seeking his removal, to cast aspersions on the member of inquiry commission.

 

The commission will also probe the killing of eight policemen allegedly by Dubey's gang and the subsequent encounter of the gangster and five of his purported associates by the cops.

7:40 PM

Latest News LIVE: Sultry weather in Delhi; rain forecast for Wednesday, Thursday

The national capital reeled under sultry weather on Tuesday, with no rain recorded in the city. However, the weatherman has forecast moderate to heavy rains for Wednesday and Thursday, according to a PTI report.

 

 

The Safdarjung Observatory, which provides representative figures for the city, recorded a maximum temperature of 37.5 degrees Celsius, three notches above normal.

 

The maximum temperature oscillated between 37 and 39 degrees Celsius in most parts of the city. Humidity levels shot up to 95 percent, causing inconvenience to residents.

7:30 PM

Over 6,800 people evacuated from flood-hit areas of Bihar: NDRF

More than 6,800 people have been evacuated by the National Disaster Response Force (NDRF) from the flood-hit areas of Bihar till now, a spokesperson of the federal force said on Tuesday. The NDRF has deployed 21 teams for flood rescue and relief work in Bihar which is "the most flood affected state of the country", he said.

 

"Water flow in several rivers such as Gandak, Burhi Gandak, Bagmati, Kamlabalan, Parman, Adhwara and Koshi has disrupted normal life in several areas. "NDRF rescuers are relentlessly engaged to provide immediate succour to the stranded persons," the spokesperson said. So far, he said, the NDRF has evacuated more than 6,800 people in the state.