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Government bans exports of alcohol-based sanitisers

The commerce ministry had on March 24 banned the exports of all sorts of ventilators, including artificial respiratory apparatus, oxygen therapy apparatus and breathing devices, and sanitisers.




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NHAI defers plan to generate funds by leasing off its assets

The National Highways Authority of India (NHAI) has put its plan to monetise operational publicly-funded highway projects on hold for two months, given that investors might not commit long-term investments at this juncture, due to uncertainty over toll collections.




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Nasdaq, the envy of markets! Nasdaq composite erases 2020 losses as big earnings drive gains

While big tech has shouldered the load, the Nasdaq Composite is also home to 700 health-care and biotechnology companies that have stoked investor interest as they search for ways to treat the coronavirus.




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Still hiring! Walmart, other superstores buck U.S. employment trend

Amid the carnage of the U.S. employment report for April was one bright spot: superstores led by Walmart Inc, added more than 90,000 jobs.




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SBI Card Q4 profit slides 66% y-o-y as impairment losses soar

The total balance sheet size as on March 31, 2020 was Rs 25,303 crore, up 25.6% from Rs 20,146 crore on March 31, 2019.




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Coupon on new benchmark bonds settles at 5.79%

Market participants have been anticipating the coupon on the new 10-year bonds to settle at levels close to 5.85%, around 15-18 basis points lower than the yield on the current benchmark bonds.




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Uber resumes operations in green, orange zones amid lockdown

In a bid to curb the transmission of novel Coronavirus, India suspended public transport services and enforced a nearly two-month country-wide lockdown that is currently set to end on May 17.




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Power demand falls 22.6% in April, steepest plunge in recent history

Electricity consumption in Uttar Pradesh declined by 20.3% in April while Rajasthan recorded an annual fall of 21.3% in the same month.




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IndiGo to implement wider pay cuts, send some staff on leave without pay

While senior-vice presidents and above would have 20% of their pay slashed, vice-presidents and cockpit crew would take a 15% cut.




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States’ tax revenue slipped even before COVID-19 outbreak

Even though data for February is not yet available, in the first 10 months of FY20, Maharshtra reported just 3.8% growth in tax revenues while Tamil Nadu's tax receipts in the period grew by an even lower 1.5%.




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Industries want suspension of most labour laws for 3 years

Earlier in the week, Uttar Pradesh promulgated an ordinance to exempt industries from various labour laws for three years to revive economic activities.




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Maiden round-the-clock renewable energy auction gets tariff of Rs 2.90/unit

Since renewable energy is unpredictable in nature, other sources of energy are required for balancing it, increasing the actual cost of such power, dissuading state-run power distribution companies from buying such electricity.




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Analyst Corner: Jindal Steel & Power Rating ‘buy’ – Volume uptick in April beat sector trend

Company faring better than peers on operational front due to its focus on exports; lower costs to aid margin; ‘Buy’ maintained.




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Job cuts, zero production activity due to lockdown: What the Centre must do now

A fully Keynesian approach will need to be taken by the government. People are losing jobs and production activity has come to a standstill due to the lockdown.




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IBM AI – Watson’s role must be expanded to data analysis and forecasting trends

ICMR, at present, is only using Watson for backend reporting, but it also needs to deploy it for data analysis and forecasting trends.




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Making sense of the new FDI norms

The recent revisions made to the FDI policy need more clarity for the benefit of investors and companies that are getting lost in its ambiguity.




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Ease labour laws now: UP gets it right, but relaxation must become permanent

Just to have employment levels rise meaningfully—let alone goals such as playing host to companies moving out of China, or raising manufacturing’s share in the GDP to 25%—the Centre and the states must quickly ease labour laws.




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Oil in turmoil: Need to ensure that our oil sector continues to contribute to national economy

Building the infrastructure for a low carbon future will require oil. While a long term decline for oil’s central place in energy use seems inevitable, we need to ensure that our oil sector continues to contribute to the national economy




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NIIT Technologies Rating: Add; Execution stood out in a challenging scenario

Recovery is expected in Q2; upgraded to ‘Add’ given recent correction and other positives; TP cut to Rs 1,310.




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Got drug controller nod for Favipiravir’s clinical trial on COVID-19 patients: CSIR DG

The CSIR has already tied up with Cadila Pharmaceuticals Ltd to evaluate Mycobacterium W (Mw) for faster recovery of hospitalised COVID-19 patients and minimise the spread of disease.




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Income Tax Exemption: Donation to Shree Ram Janambhoomi Teertha Kshetra in Ayodhya to get 80G benefit!

The notification says that the Teerth Kshetra is a place of historic importance and a place of public worship of renown for taxation purposes.




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Time spent on smartphones rose 16% during April 25- May 1, 2020: BARC-Nielsen report

Social networking, gaming and education apps recorded the highest growth




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Entire family to be home-quarantined if one breaches seclusion rules

In Himachal around 90,000 persons returned home from other states on passes issued by state government in the past one week and another 20,000 plus are waiting to enter the state.




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COVID-19 recovery: Govt issues new guidelines for discharging patients; check details

The Ministry of Health and Family Welfare has come up with some revised guidelines for discharging patients from healthcare facilities.




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West Bengal govt not allowing trains with migrants to reach state; Shah writes to Mamata

Shah said migrant workers from West Bengal are also eager to reach home and the central government is also facilitating the train services.




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COVID-19: Legislation introduced in Congress to give Green Card to 40,000 foreign nurses, doctors

The American Hospital Association (AHA) and the American Organization for Nursing Leadership (AONL) said there has never been a more urgent need for the care that foreign-born physicians and foreign-trained nurses provide than during the current COVID-19 pandemic.




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Stranded in lockdown? Modi govt brings this change in residential status for tax purposes

The nationwide lockdown suspended the operation of international flights and such people were had to prolong their stay in India. They were concerned that the extra stay due to lockdown may make them a resident of India for tax purposes under section 6 of the Act.




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Only severe COVID-19 patients to be tested before discharge: Union health ministry

At the time of discharge, patient will be advised to follow home isolation for further seen days as per the prescribed guidelines.




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Central Government Employee? Modi govt makes new clarification on travelling allowance

Central Government Employees Travelling Allowance: This order was issued after consultation with the Comptroller and Auditor General of India, as mandated under Article 148(5) of the Constitution.




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TDP chief urges PM Modi to set up scientific experts’ committee to probe Vizag gas leak incident

Following the gas leak incident, the National Green Tribunal ordered LG Polymers India to pay interim damages of Rs 50 crore and issued notices to the company, Central Pollution Control Board (CPCB), state and Centre.




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‘Disciplined’ northeast emerges as model of COVID-19 management: Jitendra Singh

He said within six years of the Modi government, the northeastern region has emerged as the model for development for the entire country.




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LG Polymers says vapour leak caused accident at Vizag plant

The firm said a special task force has been set up to help victims and families to resolve any issues and provide every assistance to the bereaved families.




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Zoom had a ‘record’ April in India despite Government’s red flag over privacy

The MHA had issued an advisory for Zoom users in India in April, to safeguard their virtual meetings from prying eyes, deeming the video conferencing platform unsafe.




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COVID-19 lockdown: Delayed academic plans and uncertainty-anxiety grips CBSE class 12 students

The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well.




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Preparing for CA exams? ICAI to commence mock test papers; check dates, schedule

Mock test paper for CA exams 2020: In the view of Coronavirus pandemic, the Board of Studies of ICAI will be commencing the Mock Test Papers (Series-1) online this month.




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‘Confusion’ within central government in fight against COVID-19: Congress

The Congress on Saturday said there was "confusion" within the central government in its fight against the novel coronavirus and wondered how would India tackle the pandemic if officials continued to speak in different voices.




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Glucon-D and Tonic Worldwide launch #EnergyGharKi campaign to celebrate mothers

The campaign applauds mothers for their unwavering energy at all hours of the day




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After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21

The country's largest domestic airlines had on Friday announced pay cut ranging between 5 and 25 per cent, in addition to its leave-without-pay programme for May, June and July, for senior employees.




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Adani Transmission Q4 net dips 60 per cent on one-time write-off; FY21 margins protected

Adani Transmission Ltd's (ATL) net profit in January-March at Rs 58.97 crore was 60 per cent lower than Rs 146.7 crore net profit in the same quarter last year.




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Free COVID-19 Threat List - Domain Risk Assessments for Coronavirus Threats

DomainTools is providing a free, curated list of high-risk COVID-19-related domains to support the community during the Coronavirus crisis. The list will be updated daily and available for CSV download.




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Reopen Domains: Shut the Front Dorr

Learn how Senior Security Researcher, Chad Anderson, identified coordinated astroturfing when he came across a reddit comment with a number of suspect domains.




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What is a Cyber Incident Response Plan?

In part 1 of this 3-part blog series, we’ll delve into Cyber Incident Response Planning and how to address and manage the repercussions of a cyberattack or incident.




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Canada Holds the 131st Express Entry Draw and Issues 3,600 Invitations

IRCC conducted its 131st Express Entry draw, and has issued Invitations to Apply for 3,600 candidates on November 27th.  Features of the DrawHere the minimum score in the Comprehensive Ranking System stood at 471, which is lesser by one point…




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Canada Requires Biometrics of Foreigners to Apply for Permanent Residence

Canada has opened Service centers across the country for taking biometrics related to foreign nationals who apply to stay in it.A New Approach for EfficiencyBefore December 3rd, such immigration candidates, who were applying away from Canada, needed…




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Saskatchewan Introduces an International Graduate Entrepreneur Stream

Saskatchewan Province launched the fresh International Graduate Entrepreneur Stream. This is a new category of the Saskatchewan Immigrant Nominee Program that targets global students who graduate from institutions of Saskatchewan. It helps them to stay…




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Saskatchewan Conducts Final Entrepreneur Stream Immigration Draw of 2019

The immigration authorities of Saskatchewan conducted a final draw of 2019 in the Entrepreneur stream on December 5.Making a Gradual ProcessIn the Saskatchewan Immigrant Nominee Program 62 were invitations issued for immigration where the Candidates…




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Manitoba Provincial Draw Invites 221 Overseas Workers and Global Students

Manitoba PNP held a draw on December 6th and invited 221 candidates to apply for immigration on the provincial nomination leading to permanent residence in the country. These candidates were in• Skilled Worker Overseas• Skilled Worker in Canada,•…




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Canada Holds 132nd Express Entry Draw and Crosses 82,000 Invites in 2019

Canada conducted its new draw in the Express Entry, and issued 3,200 Invitations to Apply to the candidates on December 11th.  In it the least Comprehensive Ranking System score was 472, which is one point increase comparing to the 131st Express…




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Ontario Issues 667 Invitations in Skilled Trades to Express Entry Candidates

The immigration authorities in Ontario held their largest draw on December 11th4wsqor 2019, and issued 667 Notifications of Interest to such candidates who had a profile in Express Entry Pool. This was the first draw in the Skilled Trades stream after…




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Parents and Grandparents Program of Canada is Planning for 2020 Intake

IRCC has announced that the Details about the intake process for Parents and Grandparents Program in Canada’s for 2020 will be available soon. This program is popular, and there is a huge demand for sponsorship from citizens as well as permanent residents,…