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Lockdown impact: 42% Indians have increased use of digital payments, says report

The National Payments Corporation of India (NPCI) has been urging Indians to use more digital payment methods, so that people do not step out even to go to the ATM, reduce social contact and curb the spread of Covid-19.




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Will discuss distressed assets fund for realty with SBI: HDFC Chairman Deepak Parekh

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.




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RBI caps banks’ investment using TLTRO funds in a single entity at 10%

According to dealers, firms like Reliance Industries (RIL), NABARD, and Tata Steel are likely to hit the bond market on Thursday with an intention to raise a cumulative Rs 15,000 crore.




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DCB Bank sees significant jump in foreign remittance services on coronavirus pandemic

"Since March 15, our volumes on outward remittance services have increased many fold. There is a significant difference in before-and-after demand since mid of March," said Praveen Kutty, Head of Retail and SME Banking, DCB Bank without quantifying the increase in demand.




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Microfinance industry hopes IBA meet to lead to ‘in-principle decision’ on loan moratorium to MFIs

Notably, following RBI's announcement on allowing a moratorium on term loans for March 1 to May 31, most of the MFIs have extended a moratorium to their borrowers till May 31.




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Covid-19 impact: Asset quality could come under stress, says IndusInd Bank CEO

The lender’s gross NPAs stood at 2.45% of gross advances as on March 31, 2020, up from 2.18% on December 31, 2019, while the net NPA ratio stood at 0.91% of net advances as on March 31, 2020, down from 1.05% on December 31, 2019.




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Top 50 wilful defaulters caused write-offs worth Rs 68,600 crore: RBI

In a response to an RTI filed by Saket Gokhale, the central bank declined to offer names of wilful defaulters as on February 16, 2020, stating that this data is not available.




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RBI corpus for MFs: Rs 4,000 crore borrowed by banks

The window was announced after the markets were roiled by news, last Thursday, of Franklin Templeton MF winding up six of its debt funds amid mounting redemptions. It will remain open till May 11.




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IDFC First Bank to raise Rs 2,000cr capital from promoter, Warburg Pincus, 3 others

Warburg Pincus affiliate Dayside Investment Ltd and insurance firms ICICI Prudential Life Insurance Company, HDFC Life Insurance, and Bajaj Allianz Life Insurance will infuse capital in the lender.




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RBI Governor meets heads of banks; discusses loan moratorium, post-lockdown credit flows

Implementation of three months moratorium on repayment of loan instalments announced by the RBI was also reviewed during the meeting.




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PSB NPAs likely to rise 2-4 per cent points; may push govt to recapitalise via RBI reserves, bonds: Report

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.




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Over 90% gold loan customers have not opted for moratorium: VP Nandakumar, MD and CEO, Manappuram Finance

In the gold loan category, which accounts for 87% of our standalone portfolio, more than 90% are servicing their dues.




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Coronavirus silverlining! NASA images show drop in China’s air pollution after lockdown

In a preliminary analysis, NASA researchers compared NO2 values detected by OMI in 2020 with the average amounts detected at this time of year from 2005-2019.




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Elon Musk powers NASA! SpaceX spacecraft Dragon carries NASA cargo to International Space Station

Ever since Dragon became the first private spacecraft to visit the ISS in 2012, it had spent 520 days at the International Space Station




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Moon’s own ‘big bang’? Study reveals story behind formation of Earth’s moon, mysterious ‘Theia’ role in it

Have you ever wondered why the moon is always there next to Earth? How did it come into existence and what is its relation to the Earth?




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Coronavirus: How is NASA dealing with COVID-19? Here’s the space agency’s action plan

Coronavirus: A week ago, an employee at the NASA’s Ames Research Centre in California was tested positive for the virus.




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Large asteroid approaching Earth! How dangerous will it be? NASA answers

The space rock will pass the earth at a distance 4.6 times of distance between the Moon and Earth.




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Elon Musk’s SpaceX to send first manned flight to space! To dock at ISS in May

The tech entrepreneur's company will launch a Falcon 9 rocket to transport NASA astronauts Bob Behnken and Doug Hurley in a first for the space agency as it looks to cut costs.




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World Water Day 2020: India shifts focus to providing piped water to every home at household level by 2024

The report on World Water Day 2020 explains that in order to tackle climate change, a lot of marginalised communities need clean water and decent toilets as a front line defense.




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Coronavirus hits moon mission: NASA suspends work on Moon rocket

The space agency is shutting down its Michoud Assembly Facility in New Orleans, where the Space Launch System rocket is being built, and the nearby Stennis Space Center, administrator Jim Bridenstine said late Thursday.




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Delhi weather: National capital sees dip in pollution, minimum temperature settles at 16.4 degrees Celsius

According to the Central Pollution Control Board (CPCB) data, the city's overall air quality index at 9 am stood at 112, which falls in the 'moderate' category.




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Coronavirus: Use free time to hone skills like Newton did during London plague, IIT tells students

With classes and all other activities being suspended till March 31 due to coronavirus, the Indian Institute of Technology (IIT) Gandhinagar has launched 'Project Isaac' to engage students confined to their rooms or homes in productive activities.




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Race for corona vaccine hots up; US, China enter human-trials stage

At least two candidates have already entered the clinical evaluation stage, according to the World Health Organization (WHO).




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Russia earthquake: 7.5 magnitude quake in north Pacific prompts tsunami watch for Hawaii

The Pacific Tsunami Warning Center said hazardous tsunami waves were possible within 1,000 kilometers (600 miles) of the quake's epicenter.




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Coronavirus test results in minutes? Scientists question accuracy

The tests could reveal the true extent of the outbreak and help separate the healthy from the sick. But some scientists have challenged their accuracy.




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Ozone layer is healing! Amidst Coronavirus gloom, Ozone cover above Antarctica records substantial recovery

Efforts of all the countries to stop the damage to the Ozone layer seem to be paying off as the damage to the Ozone layer above Antarctica has recovered.




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Coronavirus lockdown: India breathes easy as over 90 cities record minimal air pollution

India is currently under the biggest lockdown with around 130 crore people asked to stay home in view of the coronavirus outbreak, which has claimed 19 lives and infected over 900 people in the country.




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Coronavirus outbreak: MIT team working on an open-source, low-cost design of ventilators

COVID-19: The team, which consists of only volunteers, has been working without any funding and is working anonymously so that people do not call them with inquiries about the project.




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Paper-based test to detect coronavirus in wastewater: Study

The study, published in the journal Environmental Science & Technology, noted that rapid testing kits using paper-based devices could be used on-site at wastewater treatment plants.




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Coronavirus: China lockdown may have blocked 700,000 virus cases, say researchers

The Wuhan shutdown delayed the arrival of the virus in other cities, their model showed, giving them time to prepare by banning public gatherings and closing entertainment venues, among other measures.




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Clear sky during coronavirus lockdown can help you spot International Space Station! Here’s how

The International Space Station which came into existence in 1998 has been in space for more than 15 years and orbits our planet sixteen times in a day.




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Air quality improves in India amid coronavirus lockdown, says Central Pollution Control Board

The nationwide 'Janta Curfew' on March 22 and the 21-day lockdown imposed since March 24 to combat the coronavirus outbreak have resulted in a significant improvement in air quality.




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Coronavirus Lockdown: After improvement in air quality, scientists record drop in seismic vibrations under Earth surface

The report claims that the development could help seismologists detect earthquakes of even very small magnitude, signals of which were earlier drowned in the cacophony produced by various activities.




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Coronavirus and space technologies: Satellites to fight with COVID-19!

First and foremost, through the recent COVID-19 crisis, satellite technology is found proving its utility for support.




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Celestial treat for stargazers! ‘Evening star’ Venus just got brighter! 5 amazing things to watch out in April

On April 27, Venus will shine nine-times brighter than Jupiter, its nearest planetary 'competitor', and will outshine Sirius, the brightest of all stars, by almost 20-times




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Air pollution linked to higher COVID-19 death rates: US study

The yet-to-be-published study looked at more than 3,000 counties across the US, comparing levels of fine particulate air pollution with novel coronavirus death counts for each area.




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Experts say coronavirus lockdown may reduce greenhouse gas emissions, but it’s only temporary

Weeks of lockdown in the country to fight coronavirus may have reduced greenhouse gas emissions enabling people to breathe cleaner air and feast on blue skies, but it is only a temporary phase and will not benefit the environment in the long run.




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Expedition 63: NASA astronaut Cassidy, two Russian cosmonauts land on International Space Station

NASA astronaut Chris Cassidy along with two Russian cosmonauts Anatoly Ivanishin and Ivan Vagner reached the International Space Station (ISS) for a six-month-long mission named Expedition 63.




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Presence of ‘bat coronavirus’ found in Kerala, Tamil Nadu, says ICMR study

According to the study published in the Indian Journal of Medical Research, there is no evidence or research to claim that these bat coronaviruses can cause disease in humans.




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Can we handle another disaster in chorus with COVID-19?

For any administration, it is extremely important to remain prepared for various possible eventualities and the likelihood of any country requiring to witness two natural disasters together, just cannot be ruled out.




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New ‘Earth-like’ Exoplanet Kepler-1649c found! Scientists analyze if it can sustain life

The less distance from Kepler 1649 c's host red-dwarf star, scientists believe, puts the exoplanet in the habitable zone where liquid water could exist on the world's surface.




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Coronavirus impact: As people stay home, Earth turns wilder and cleaner

Nitrogen dioxide pollution in the northeastern United States is down 30 per cent. Rome air pollution levels from




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State of the world: Is it too late to shift to sustainable living?

People can be drivers of drastic, aggressive, and effective solutions. The ongoing COVID-19 pandemic crisis is a great example of how people around the world can join forces to fight a disaster together.




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Elon Musk says SpaceX fixing brightness of Starlink project; here’s how satellites can ’emit bright light’

As part of its large-scale broadband internet connectivity project Starlink, the company has positioned many large satellites in the lower orbits of the Earth.




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Not just water and sky, dinosaurs also lived in water, a new study has found!

A dinosaur species, one of the largest carnivorous dinosaurs known to man, had a giant fin tail as well as a centre of gravity which was highly suitable for swimming.




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NASA astronaut Sunita Williams to Indian students stuck in US: Stay home, reflect and be part of something bigger

During a virtual interaction, she compared the Indian students' experience to her being in space in a spacecraft “where you don't get to go, see your family and friends and give them a real hug.”




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Clarity on early reliving andrecovery of joining bonus

Respected Sir Need your help has I'm facing a financial crisis beacuse of a sudden decision by my company of relieving me early and hence recovering of joining bonus. I have Joined my Company on 15th June 2018. And I put down my resigination on 20th March 2020. As per my appointment letter I was suppose to serve complusary 90 Days Notice Period. which I was willing to serve. My Last working day in the system was showing has 19th June 2020 thus I was completing 2 years with the company by the time i would have left. Everything was going on smoothly during my noice period when one fine day on 16th April 2020 my company called and informed me that they will be reliving me from the company tomorrow with immediate effect by just giving 1 days notice and they actually relived me on 17th April 2020. Now my present company is demanding from me to pay back 4 Lakhs Recovery Amount of Joining Bonus which they paid when I joinined. It had a clause that if i leave company before completion of 2 years I need to pay backthe same. I want to ask you all the experts here the following things :- 1) Since I was willing to serve my 90 Days of Notice period completely and my actual last working date in the company was after completion of 2 years only, just beacuse of this sudden decision from companies end to relive me early am I liable to pay back this joining bonus amount of 4 lakhs back to the company. 2) Beacuse of this sudden decision I could join my new company only after a gap of 2 weeks in May 2020 therefore incurring a loss in salary for 2 weeks period since I was jobless for 2 weeks sitting in home .Also since my present company relieved me before 2 months from my actual last date Am i eligile to get some compensation for this 2 weeks of joblessness or thr remaing 2 months. I will be very grateful if you can guide me. Also pasting below the two extracts from my Appointment Letters for your referece :- 1) During the service period, either party to this contract shall be at liberty to terminate the same by giving to the other 3 months notice in writing or compensation (on Basic Salary basis) in lieu thereof. Provided that, such notice or compensation in lieu of shall not be payable by the Company to you in the event of any contravention or violation by you, of any of the provisions set forth in this appointment letter. It shall not be necessary for either party to assign any reason for termination of the contract. Final decision on relieving an employee in case of insufficient notice period or compensation in lieu thereof, or the decision to waive the notice period vests with the Company. Any unutilized leave, as per the Company’s leave policy, may be set-off against the notice period of 3 months, at the discretion of the Company. 2) Unless otherwise specified, any reimbursements, in the form of relocation expenses / notice pay or payment of joining bonus, will be fully recovered if your employment with the Company ceases within two years of joining. Any payment made, in the form of relocation expenses / notice pay or payment of sign-on bonus will be taxed as per income tax rules 3) Extract from Joining Bonus Letter : This is on assumption that you will work with the company for a period of a minium 2 years and in the event there is a seperation for any reason, the same will be recovered.from you in full. The other terms and condition will be same as per our appointment letter. PLEAESE GUIDE ME




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Jammu and Kashmir: Government should hold polls at the earliest, says US

This is a clear evolution of the US administration’s position, especially weeks before the Prime Minister is scheduled to travel to the US for the United Nations General Assembly in New York.




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Iraqis turn to sketches and songs to contain virus

Artists in Iraq’s southern port city of Basra have adapted the beloved characters of Bab al-Hara (The Neighborhood Gate) -- a 10-season period drama widely watched across the Arab world -- to convince their compatriots to take the pandemic seriously



  • Movies & TV

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Filmmakers draw inspiration from Russia lockdown

Director and producer Timur Bekmambetov, who is regarded as one of the inventors of the 'Screenlife' format, in which movies take place entirely on computer screens, wants to produce a film about the lockdown in the new genre



  • Movies & TV