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Indian

Equity investors richer by Rs 31 trn this fiscal as bull run continues

V K Vijayakumar, chief investment strategist at Geojit Financial Services said, “First, it is important to appreciate the fact that this is a global bull market. Except a few markets like Egypt and Iran, all other markets are experiencing a bull run.

“The major factors powering this rally are: huge liquidity that has been created by the leading central banks of the world, particularly the US Fed, the historically low interest rates and unprecedented retail investor participation. Of this, the huge global liquidity factor is very important.”

Negative RT-PCR report must for entering Karnataka from Kerala, Maharashtra

The certificate is mandatory for all passengers coming to Karnataka by flight, bus, train and personal transport, the circular said.

It said the certificate is applicable for all the flights originating from Kerala and Maharashtra. “Airlines shall issue boarding passes only to the passengers carrying RT-PCR negative certificate not older than 72 hours,” it said.

Railway authorities shall be responsible for ensuring that all passengers travelling by trains carry the negative RT-PCR certificates, it said.

First Zika virus case found in Maharashtra, officials say no need to panic

State surveillance officer Dr Pradip Awate told PTI that there was no need to panic.

”Zika is a moderate disease as 80 per cent patients do not get any symptoms and remaining 20 per cent have moderate flu-like symptoms. One can recover by drinking enough water, taking rest and having a simple paracetamol tablet,” he said.

Death due to Zika virus infection was unheard of, he added.

International

U.K. investment firm Centricus forms insurance venture with Ex-Goldman partner

Centricus is targeting for the business to manage about $100 billion of assets under management for the unit and is already scouting for deals in Europe, co-founder Dalinc Ariburnu said in a phone interview Thursday.Centricus is seeking to replicate the model that Apollo Global Management Inc. created with Athene Holding Ltd., Ariburnu said.

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