Tokyo Olympics: Simone Biles to not defend gymnastics title, withdraws from all-around competition

A day after Simone Biles withdrew from the team final, USA Gymnastics said that she has withdrawn from the all-around competition, which was one of four competitions in which she won gold at the 2016 Rio Olympics. Biles would have become the most accomplished woman across any sport in Olympic history if she had sweeped […]

Tokyo Olympics: Gold medal race thrown wide open in 2 men’s boxing categories as world champions bow out

Ireland’s Kurt Walker pulled off one of the biggest upsets of the tournament with a 4-1 win over Uzbekistan’s world champion Mirazizbek Mirzakhalilov. Walker controlled the first round and hung on at the end to get a 29-28 decision on four of the five judges’ cards. (AP Photo) HIGHLIGHTS Kurt Walker pulled off one of […]

Business & Economics

Federal Bank’s deposits grow 13% in Q4

Advances at the end of the fourth quarter stood at Rs 134,876 crore, compared with Rs 124,153 crore in the same period last year. Federal Bank’s deposits rose 13% year-on-year (YoY) during the fourth quarter of the previous fiscal, while gross advances reported a 9% Y-o-Y growth, the bank said in a regulatory filing. The […]

Resurgence in Covid-19 cases: Manufacturing growth hits 7-month low in March

Despite pressure on domestic demand, new export orders rose further in March, stretching the current sequence of growth to seven months. Representational image Manufacturing activity accelerated at its slowest pace in seven months in March, thanks to a resurgence in Covid-19 cases that weighed on domestic demand and output. Firms cut jobs again, continuing with […]