The Walt Disney Company India and Star India on Wednesday elevated K Madhavan naming him the president of both the firms, effective immediately.

Since 2019, Madhavan has been the country manager for Star and Disney in India, overseeing their television and studios business.

Gold price on Wednesday rose to Rs 49,870 for 10 gm from Rs 48,860 and silver price is trending at Rs 66,300 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.

India reported a recordsingle-day rise of1,84,372new coronavirus infectionspushing the total tally of cases to1,38,73,825, while the active cases surpassed the 13-lakh mark,according to the Union Health Ministry data updated on Wednesday.

The death toll increased to1,72,085with 1,027 daily new fatalities,the highest sinceOctober18,2020, the data updated at 8 am showed.

Samajwadi Party chief Akhilesh Yadav and Uttar Pradesh minister Ashutosh Tandon have tested positive for COVID-19.

In a tweet in Hindi on Wednesday, Yadav said, My corona test report has come positive. I have isolated myself and started treatment at home itself. People who have come in contact with me in the past few days should get themselves tested. They are requested to stay in isolation for some days.

US federal health agencies on Tuesday recommended pausing the use of Johnson & Johnson’s Covid-19 vaccine after six women under 50 given the shot developed rare blood clots, dealing a fresh setback to efforts to tackle the pandemic.

Following the news, Johnson & Johnson (J&J) said it was delaying the rollout of the vaccine to Europe, a week after regulators there said they were reviewing rare blood clots in four recipients of the shot in the United States.

West Bengal Chief Minister Mamata Banerjee on Tuesday blamed Prime Minister Narendra Modi and Home Minister Amit Shah for the rising COVID-19 cases in the country.

Speaking at a public rally in Barasat, Mamata said: When COVID-19 happened, where were they? They were not seen for over a year. PM Modi and Home Minister were hiding in their homes. Because of your negligence, COVID-19 cases are rising in the country. The cases have risen due to your incompetence.

Shares of pharmaceutical, including healthcare facilities companies, were in demand at the bourses on Monday, with the S&P BSE Healthcare index hitting a new high after the government banned export of antiviral drug, Remdesivir (injection and API both) in order to address increased demand in view of rising Covid-19 cases in the country.

India hit a new coronavirus infection record with 1,68,912new cases, the highest single-day rise so far, taking the total tally of cases to1,35,27,717, according to the Union Health Ministry data updated on Sunday.

The national COVID-19 recovery rate has fallen below 90 per cent.

The rupee declined 39 paise against the US dollar in Monday's session, looking set to extend its losing streak to the sixth day in a row as investors were spooked by the fast-rising Covid-19 cases in the country that threaten to derail India's economic recovery. Meanwhile, investors were also cautious ahead of the release of key macro-economic data later today.

The domestic unit slipped to 75.13 versus the US dollar, a level seen in August last year.

RMZ Corp, one of Asia's largest privately-owned real estate owners & developers and Canada Pension Plan Investment Board ("CPP Investments") announced today that they have entered into a joint venture to develop and hold commercial office space in Chennai and Hyderabad.

CPP Investments will invest Rs 15,000,000,000 (USD 210 million), which will allow for the expected development of 10.4 million square feet of high-quality commercial office sites.

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