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Coronavirus pandemic: Kanpur metro construction resumes amid lockdown 3.0

Coronavirus pandemic: Kanpur metro construction resumes amid lockdown 3.0





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COVID-19 in Mumbai: BMC Commissioner Iqbal Chahal takes stock of Dharavi slum area

COVID-19 in Mumbai: BMC Commissioner Iqbal Chahal takes stock of Dharavi slum area





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117 Indians died for every billion USD remitted from gulf countries: CHRI

The data was provided by Indian missions in Bahrain, Oman, Qatar and Saudi Arabia but the Embassy in the UAE refused to give information. The Indian embassy referred to data on their website which was only 2014 onwards.




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For every $1 billion remitted, 117 Indians die in 6 Gulf nations

The embassies in Gulf countries have not been forthcoming in providing data under RTI on the number of deaths.




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India to retain top position in remittances with $80 billion: World Bank

India is followed by China ($67 billion), Mexico and Philippines ($34 billion each), according to World Bank.




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With $78 billion, India still highest overseas remittance receiver

India continues remains the top recipient of remittances, with its diaspora sending back $78.6 bn in 2018.




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Government OKs abolition of 9,000 MES posts

“The minister cleared the proposal by the engineer-in-chief of MES, in line with the Shekatkar Committee recommendation to restructure the civilian workforce in a manner that the work can be partly done by departmentally employed staff while the rest is outsourced,” said an official.




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Naikoo encounter:Restrictions tightened across Kashmir to maintain law and order

They said while the government is strictly enforcing the COVID-19 lockdown, the additional restrictions were imposed on Friday to ensure that the day passes off peacefully.




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Defence Ministry signs contract with Tata Power SED for infra modernisation at 37 airfields

This is the phase two of the Modernisation of Airfield Infrastructure (MAFI) programme, the ministry said, adding that airfields of the Indian Air Force were upgraded in the first phase.




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Nepal raises objection over India inaugurating crucial link road passing through Lipulekh Pass

Nepal's Foreign Affairs Ministry in a statement said the government "has learnt with regret" about the inauguration of the link road connecting to Lipulekh pass, which Nepal claims to be part of its territory. The 80-Km new road inaugurated by Defence Minister Rajnath Singh on Friday is expected to help pilgrims visiting Kailash-Mansarovar in Tibet in China.




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India Inc’s traditional CSR may end up in containment

With donations to the PM-Cares Fund and Covid-19-related relief work eligible to be considered CSR expenditure, most companies are likely to nearly exhaust their current CSR budgets after donating to this fund or related relief work.




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Global brokerages upbeat on RIL after third Jio deal, raise targets

CLSA maintained its 'buy' rating on the stock, with a target price of Rs 1,770.




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Best risk-protection tools for investors in a bear market

Knowing and following the fundamentals takes much of the risk out of investing.




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Lockdown 3.0: Some auto cos resume production, others prepare to restart manufacturing

The country's largest carmaker Maruti will resume operations at its Manesar plant from May 12.




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Daimler India Commercial Vehicles resumes plant operations

The company said it was able to restart operations at the plant in less than 24 hours after receiving permission from local authorities as it had started intensive preparation even before the lockdown in India came into effect in March, DICV said in a statement.




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BMW Group India resumes local production at Chennai plant

German car maker BMW commenced operations at the Chennai plant in accordance with the government-initiated guidelines. The company also stated that the BMW, MINI and BMW Motorrad dealerships across the country would restart the operations in adherence to local government directives.




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20% of auto retailers open shutters on lockdown relaxation; witness muted walkins and enquiries

Maruti Suzuki restarted operations at 680 dealerships till Wednesday, covering almost 35% of the addressable market. The nation’s largest carmaker is seeking permission from local authorities to reopen all but 500 of its remaining over 2,400 outlets. The 500 showrooms are in Covid-19 containment zones.




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JK Tyre resumes partial operations at manufacturing plants across country

The tyre maker has commenced production in a graded manner at its manufacturing facilities in Chennai (Tamil Nadu), Kankroli (Rajasthan) and Laksar (through Cavendish industries Ltd - subsidiary company, in Uttarakhand). The company has also resumed operations at its global research and development hub located in Mysore, Karnataka, JK Tyre said.




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Lockdown: Hyundai rolls out 200 vehicles from Chennai plant on first day of resuming operations

The auto major has commenced production at its Sriperumbudur factory in Tamil Nadu adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement.




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China names its Mars mission Tianwen-1 ahead of its planned launch this year

China on Friday named its first Mars exploration mission to be launched later this year as Tianwen-1 as it celebrated 'Space Day' to mark the 50th anniversary of the launch of the country's first satellite Dong Fang Hong-1 in 1970.




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Affordable test methods to drones: Institutions take the innovation route to aid COVID-19 fight

While over 20 technical and scientific institutions are working on developing a vaccine for coronavirus, IITs have already set up "COVID-19 specific research centres", encouraging developments in the innovation ecosystem.




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Request for registering retailers, construction professionals as MSMEs to be examined: Nitin Gadkari

Nitin Gadkari, the minister for MSME and road transport and highways, also called upon the retailers to start exploring option of home delivery.




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Brokers body seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

FTMF stunned all by deciding to shutter operations of six schemes with assets under management of more than Rs 25,000 crore late Thursday evening, citing redemption pressures and market volatilities in wake of the COVID-19 pandemic.




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Discussed decision to shut 6 MF schemes with Sebi, says Franklin Templeton

This is the first instance when a fund house is shutting its schemes because of coronavirus related pandemic.




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Adani Transmission Q4 net down 60% at Rs 59 crore on one-time writeoff

The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019.




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ICICI Bank Q4 results: Profit jumps 26% YoY to Rs 1,221 crore; provisions rise 9% YoY

Analysts in an ETNow poll had projected the number at Rs 3,000 crore.




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Australian Govt looking at travel exemptions for Indian cricket team's Test tour: Reports

Cricket Australia is under huge financial pressure due to global lockdown and has laid off 80 percent of its staff. India's four-Test tour in December-January could provide a relief to the struggling bldy




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India loses hosting rights of 2021 men's world boxing championships

"After New Delhi didn't fulfill its obligations to pay host fee as mentioned in the Host City Agreement terms, AIBA has terminated the contract. Therefore, India would have to pay a cancellation penalty of USD 500," the AIBA said in a statement.




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Plan to resume national camps shut due to COVID-19 from May end: Sports Minister

Sports Minister Kiren Rijiju on Sunday said his ministry is devising a plan for phase-wise resumption of national camps for Olympic-bound athletes by the end of this month.




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Sports ministry invites nominations for national sports awards through e-mail

"Due to lockdown on account of outbreak of COVID-19, hard copies of nominations are not required to be sent. Scanned copies of nominations duly signed by the applicant and recommending authority may be sent before last date of submission," read a ministry circular.




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Physical education teachers shouldn’t be seen as second class citizens: Margaret Whitehead

During the webinar, titled ‘Physical Literacy: For Nation’s Development’, the panelists discussed a lot of topics related to physical literacy, including its meaning, the challenges it faces, its need of promotion, the lax attitude towards it and its importance in everybody’s life. The panel also discussed the lax attitude towards physical education in India.




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Precious metals: Silver, gold futures rise on spot demand

In the international market, silver was quoting 1.44 per cent higher at $15.82 per ounce in New York.




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Varanasi's ghats, Hampi's attractions & Goa's iconic churches: Destinations which are every photographer's paradise

India’s diverse culture is truly a photographer’s delight.




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From CSMT to Howrah junction, Indian railway stations that are tourist attractions in their own right

Railways stations that are India's pride.




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From blue-green lagoons to lush rainforests, explore top attractions of Fiji

It’s time to say ‘Bula’ as Indian filmmakers make plans for filming in Fiji.




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Brains behind idiot box: A quick look at the history of television

The first public demonstration of colour TV broadcast happened this week 90 years ago, setting the foundation for a major change in the way audio-visual media is consumed.




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There is a big misconception that single women aren’t contented: Journalist Kalpana Sharma

In a telephonic interview Mumbai-based Sharma talks about her own experiences as a single woman and what has changed for single women over the years and what hasn’t.




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Not just a film, 'Chhichhore' became a self-realisation exercise for Nitesh Tiwari & his team of writers

The writers of the film realised that academic failures do not mean it's all over.




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Why do chefs in India continue to serve imitations

Why do chefs in India continue to serve so much pastiche on the plate while pretending it is original work? One reason is that audiences lap it up.




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No correlation seen between Jio investments and chances of Aramco deal: Axis Securities

‘This deal will probably give Jio access to a lot of enterprise software providers’




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If you think way to normalisation will be very short, that's a mistake: Lakefield Partners

'Investors are hoping that we will go back to normal, as it was before corona'.




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Forex reserves touch record high at $453 billion

Reserves rose by $2.34 billion during the week under review.




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Forex kitty sees first drop in 6 months to $481.89 billion

The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by $388 million to $428.58 billion.




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Cain International in pact with Oberoi Group for serviced residences in London

Privately-held real estate investment firm Cain International has signed an agreement with the Oberoi Group for the operation of 23 serviced residences in Mayfair in London.




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Investments in construction projects may drop by 30 pc in FY20 if lockdown extends till June

According to the consulting firm KPMG, in comparison to the economic crisis of 2008, the government now has limited options to undertake corrective interventions owing to the financial stress which was already prevalent in the pre-COVID-19 period.




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Vande Bharat Mission: Authorities seek hotel rooms across the country

Hotels newly earmarked in Delhi include the Taj Palace Hotel, Shangri-La’s Eros Hotel and Le Meridien, according to people aware of the matter.




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Realtors allege cartelization by cement, steel companies

The Confederation of Real Estate Developers' Association of India (Credai) has written to minister for housing & urban affairs Hardeep Singh Puri, seeking urgent measures to control the hike in the prices of cement and steel amid the ongoing pandemic crisis.




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Realtors body Credai reports 40-50% hike in cement, steel prices; alleges cartelisation

Realtors' apex body Credai on Saturday said cement and steel rates have increased by 40-50 per cent in last few weeks despite the lockdown and alleged price cartelisation and unfair trade practices by the manufacturers.




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Karnataka government conditionally permits garment units to operate in red zones

The government had recently allowed certain industrial activities other than in the containment zones to operate, while relaxing the COVID-19 induced lockdown in the state.




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JNU releases tentative academic calendar for Monsoon session, set to return to classes by June 25

In case, the examination results are not ready by July 31, students will have the opportunity to provisionally register and move on to the next semester, the VC said. The entire monsoon semester registration process will be completely online making it easy for the students to register even from their homes.