Shares of IDFC soared 19 per cent to its 52-week high of Rs 62.60 on the BSE in intra-day trade on Thursday after the company said the Reserve Bank of India (RBI) has allowed it to exit as the promoter of IDFC First Bank as the five-year lock-in period expires. The stock of the non-banking finance company surpassed its previous high of Rs 60.25 touched on May 25, 2021.

IDFC currently owns a 100 per cent stake in IDFC Financial Holding Company, which, in turn, holds 100 per cent in IDFC Asset Management and 36.6 per cent in IDFC First Bank.

Over 4 million children in the US have tested positive for Covid-19 since the onset of the pandemic, according to a latest report of the American Academy of Pediatrics (AAP) and the Children's Hospital Association.

As of July 15, almost 4.09 million children have been infected with Covid-19. After decreases in weekly reported cases over the past couple of months, the country began to see increases in cases in July, according to the report.

India saw a single day rise of 41,383 coronavirus infections taking the total tally of COVID-19 cases to 3,12,57,720, while the active cases registered an increase for the second consecutive day and were recorded at 4,09,394, according to the Union Health Ministry data updated on Thursday.

The country's COVID-19 death toll rose to 4,18,987 with 507 fresh fatalities.

Two Indian-American doctors and one of the largest hospital systems in the US have agreed to pay nearly USD 37.5 million to settle allegations of kickbacks for patient referrals, the Department of Justice said.

The settlement resolves allegations that Prime Healthcare Services system overpaid for California interventional cardiologist Dr Siva Arunasalam's physician practice and surgery centre because the company wanted him to refer patients to its Desert Valley Hospital in Victorville, California, it said.

Haryana government has decided to reduce 30 per cent syllabus for secondary and senior secondary classes for the academic session 2021-22.

The new syllabus is available on the official website of the board. Giving this information, Board President, Prof. Jagbir Singh said that this year also the syllabus of both the above classes has been reduced by 30 per cent.

More than 1.5 million children in 21 countries, including 1,19,000 from India, lost their primary and secondary caregivers to COVID-19 during the first 14 months of the pandemic, according to a study published in The Lancet.

The study funded in part by the National Institute on Drug Abuse (NIDA), part of the National Institutes of Health (NIH), stated that 25,500 children in India lost their mother to COVID-19 while 90,751 lost their father and 12 lost both their parents.

At the latest health ministry briefing, the Indian Council of Medical Research (ICMR) has stated that it would be prudent to open primary schools first as kids fare better with COVID-19 infections.

ICMR Director-General Dr Balram Bhargava said at the briefing, We know clearly that children can handle viral infections much better than adults. Antibody exposure is also similar in children as adults. Some Scandinavian countries didn't shut their primary schools in any COVID waves.

More than 6 lakhs direct and indirect employment has been generated through the 22 operational Mega Food Parks, said Union Minister of State for Food Processing Industries Prahlad Singh Patel in a written reply in Loksabha on Tuesday.

As per Mega Food Park Scheme Guidelines, each Mega Food Park after being fully operational would create direct and indirect employment of about 5,000 persons.

The price of 10 gm of 22-carat gold on Wednesday rose to Rs 47,300 from Rs 47,040 and silver declined to Rs 67,500 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

Russia has handed over to India a commercial offer to deliver 21 MiG-29 fighters, a spokesperson for Russia's Federal Service for Military-Technical Cooperation said on Tuesday.

The Indian Air Force staff received a tender request for the supply of 21 aircraft in 2021. The Russian side has transferred to Indian partners the commercial offer that is now being considered by the customer, spokesperson Valeria Reshetnikova told reporters on the sidelines of the MAKS-2021 international aerospace show.

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