China has witnessed an increase in the number of cases of human metapneumovirus (HMPV), a respiratory disease. Several social media posts have suggested that HMPV is rapidly spreading in the country, overwhelming its network of hospitals. The country is yet to declare HMPV as an epidemic but had last month revealed that they were setting up a protocol to handle unknown pathogens. The National Dis...

A surge in infections caused by human metapneumovirus (HMPV) has been reported in China as the administration steps up screening, detection, and isolation protocols to deal with unknown pathogens.China has reported rising cases of HMPV, especially among those under 14 in northern provinces, Reuters reported, citing officials.The Chinese government is piloting a monitoring system for pneumonia of u...

Shares of Ola Electric Mobility came under fire on December 30, slipping over 3 percent after the slew of high-level exits in the company continued with the latest resignations of its Chief Marketing Officer and Chief Technology & Product Officer.Anshul Khandelwal, the company's Chief Marketing Officer, and Suvonil Chatterjee, Chief Technology & Product Officer, have stepped down from their roles,...

Shares of Vodafone Idea rose over 5% on December 30 as the government waived bank guarantees for past spectrum auctions. At 11:1o am on December 30, Vodafone Idea shares were trading at Rs 7.88, around 5% higher.The telecom firm has been exempted from providing bank guarantees worth Rs 24,800 crore for spectrum auctions held before 2021 (2012, 2014, 2015, 2016). In a December 28 filing, the compan...

Benchmark indices Nifty and Sensex opened on a subdued note, slipping in the penultimate trading session of the year on December 30 after a strong close in the session before. While FMCG stocks provided some support, IT and auto counters weighed on sentiment. As the final week of the year unfolds, market activity remains muted, with investors tying up their books amid the festive lull.India VIX, t...