The entire Cabinet of former Japanese PM Shinzo Abe submitted their resignations as Yoshihide Suga is set to assume office as Japan's new Prime Minister today, i.e. September 16.

According to a report by Kyodo News, Yoshihide Suga, the new leader of the Liberal Democratic Party, is set to take office as Japan`s Prime Minister on Wednesday, with the immediate focus on reviving a battered economy while keeping the coronavirus under control.

India on Monday recorded the highest COVID-19 recoveries in the world, even beating Brazil which is the third-worst affected by the coronavirus pandemic. According to Johns Hopkins University data, on Monday India recorded a total of 37,80,107 COVID-19 recoveries, while Brazil recorded 37,23,206. The United States of America reported 24,51,406 recovered cases.

Even though a high number of coronavirus cases are being reported daily in India, the recovery rate has remained high.

The Indian government on Monday banned the export of all onion varieties, a move which is aimed to curb prices of the commodity in the domestic market and increase its availability.

The export of all varieties of onions is prohibited with immediate effect, the Directorate General of Foreign Trade (DGFT) said in a notification.

Shares of Adani Green Energy (AGEL) were locked in 5 per cent upper circuit at their fresh record high of Rs 670.65 on the BSE on Tuesday, thereby entering the elite club of firms with Rs 1 trillion market-capitalisation (m-cap). The firm joins the ranks of Titan Company, UltraTech Cement, Sun Pharmaceutical Industries, Larsen & Toubro (L&T), and Avenue Supermarts.

The company also became the first Gautam Adani-led Adani Group company to cross Rs 1-trillion in m-cap.

Shares of JB Chemicals and Pharmaceuticals rallied 16 per cent to hit an all-time high of Rs 965 apiece on the BSE on Tuesday, a day after the company reported a 92.6 per cent year-on-year (YoY) jump in its consolidated net profit at Rs 119.42 crore for the quarter ended June 2020 against Rs 62 crore profit in the year-ago period.

The company's revenue came in at Rs 522.28 crore, up 17 per cent against Rs 446.11 crore in the corresponding quarter of the previous fiscal while total income rose 18.7 per cent YoY at Rs 544.97 crore.

Defence Minister Rajnath Singh will make a statement on Developments on our borders in Ladakh in the Lok Sabha on Tuesday and may elaborate on the continuing standoff between Indian and Chinese troops along the Line of Actual Control (LAC) in eastern Ladakh.

According to the list of business of Lok Sabha, the Defence Minister will deliver the statement on Tuesday.

With over 83,000 new cases reported in the last 24 hours, India's COVID-19 count on Tuesday crossed the 49 lakh-mark, while the death toll has crossed the 80,000-mark as well.

At 9:30 AM on this day, the COVID-19 tally in the country has reached 49,30,237 cases, which include 9,90,061 active cases; 38,59,400 cured, discharged, or migrated patients, and 80,776 deaths.

In the run-up to the Assembly elections in Bihar, Prime Minister Narendra Modi will inaugurate and lay the foundation stone of seven projects related to urban infrastructure in the state on September 15 through video conferencing.

According to an official statement, the total cost of these projects is Rs 541 crore. Four projects are related to water supply, two to sewerage treatment and one to riverfront development.

Delivery executives of food-delivery platform Swiggy in Hyderabad will go on indefinite strike from Tuesday, demanding a hike in their delivery charges.

They claimed that Swiggy has reduced their earning structure amid the Covid-19 pandemic and despite the rise in petrol prices.

The Tata Steel management and Tata Workers' Union on Monday signed a memorandum of settlement for the payment of annual bonus to the employees for the accounting year 2019-20.

To honour its three-year commitment to ensure complete bonus payment to the employees even during the Covid-19 pandemic, the memorandum was signed by Tata Steel Chief Executive Officer (CEO) and Managing Director (MD) T.V. Narendran and Tata Workers' Union President R. Ravi Prasad.

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