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IIT-M incubated start-up develops ‘Smart Bin System’ to prevent spread of coronavirus

In the case of Covid-19, hazardous waste is being generated in hospitals, quarantine zones or red zone areas within cities. They are potential sources of Covid-19 and can cause further spread within the locality.




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Andhra Pradesh government to set up digital kiosks for farmers

Besides, the state government will create new bank accounts for some 56 lakh farmers and issue 1.12 crore credit/debit cards to them by the next kharif season to enable them to avail crop loans and other government benefits.




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Farm sector to grow at a decent 3% in FY21: Niti Aayog

Agriculture minister Tomar says Rs 18-k cr disbursed under PM-Kisan since lockdown began, to raise share of agriculture-related works under MNREGA to 77% in FY21 from 66% in FY20.




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Govt task force lays out Rs 111-lakh-crore infra investment road map

The task force under economic affairs secretary Atanu Chakraborty submitted its final report on the “national infrastructure pipeline” (NIP) to finance minister Nirmala Sitharaman.




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Supreme Court asks RBI to examine if EMI moratorium is being passed on

However, the Bench refused to interfere in the matter after the petitioners informed the judges that they were not personally affected and had filed the PILs in public interest.




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Lasalgaon to revert to auction of onions in loose format from May 4

The APMC officials pointed out workers usually come to the market yard on pick-up trucks, however, the police have been acting against them as social distancing is not maintained onboard the pick-ups.




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Lockdown effect: Sugar output till April 30 dips 20%, mills sign more export contracts

Mills in Uttar Pradesh have produced 11.65 MT as on April 30, 2020, which is 3.72 lakh tonne higher than what was produced a year ago. Of 119 mills operated this year, 44 mills have ended their crushing. As many as 75 mills are operating as against 68 mills last year till April 30.




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Lockdown effect: States’ tax receipts shrink nearly 80% in April, May could be worse

State governments seem to have collected the lowest-ever inflation-adjusted monthly tax revenue in April.




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Market reliance: Govt in a fix over raising H1 borrowing target

The central government will likely ramp up market borrowing in the second half of this fiscal, but may be forced to stick to its target for the first half at the moment.




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Migrant workers: House panel opposes move to cap minimum wages

The Centre’s bid to arrogate to itself the power to fix the wage floor for inter-state migrant workers in the name of uniformity across the country has hit a hurdle.




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PM Modi holds key meeting with Amit Shah, Nirmala Sitharaman on steps for financial sector

Prime Minister Narendra Modi held a crucial meeting with home minister Amit Shah and finance minister Nirmala Sitharaman to firm up strategies for the financial sector in the aftermath of the Covid-19 outbreak.




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Covid lockdown effect: Banks, NBFCs urge RBI to extend moratorium by another three months

With the countrywide lockdown set to continue for two more weeks, banks have urged the Reserve Bank of India (RBI) to extend the three-month moratorium on loans by another three months beyond May 31.




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Audit files to be opened for scrutiny for greater accountability

The National Financial Reporting Authority (NFRA) has floated draft procedures for submission of audit logs to the regulator by audit companies and chartered accountants (CAs).




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Covid blues: Manufacturing PMI sees record slide in April

Indian manufacturing saw its worst contraction in April, as a nation-wide lock-down hit fresh orders and businesses cut staff at a record pace.




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COVID-19 crisis: Nobel laureate Abhijit Banerjee for large fiscal stimulus, cash transfer to poor

Nobel laureate Abhijit Banerjee has recommended that India offer cash to the poorest 60% of its population and waive off loan repayments for small businesses in the June quarter, as he pitches for a large enough fiscal package to stimulate demand in the economy ravaged by the novel coronavirus crisis.




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Coronavirus lockdown 3.0: States up taxes on auto fuels, liquor for income

At least 13 states hike VAT on petrol/diesel since mid-March, many make liquor costlier with new imposts.




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Resumption post-Coronavirus lockdown: DMs hold the key to firms opening plant, office lock

Companies need to seek permission from the local administration – the office of the district magistrate – by submitting a host of information. Apart from the process being tedious and time-consuming, the final decision rests at DM's discretion.




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GSTN allows inter-head cash transfer for taxpayers; resolves cash flow issues

GSTN added that a taxpayer can now transfer the amount available in an electronic cash ledger from one major head to another major head, keeping the minor head the same.




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Tamil Nadu hikes liquor prices by up to Rs 20, Tasmac shops to open today

The Tamil Nadu government has decided to hike prices of liquor by up to Rs 20, as it is readying itself to open liquor outlets on Thursday.




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COVID cess on liquor: Kerala may go Delhi way

Following the devastating flood in 2018, the state had collected a flood cess which had fetched Rs 308.68 crore to the state exchequer.




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UP hikes taxes on liquor, fuels; hopes to mop up Rs 4,500 crore annually

Grappling with low revenues following the outbreak of Covid-19 and the subsequent lockdown, the UP government hiked the value added tax (VAT) on petrol and diesel and increased the excise duty on liquor.




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Unions raise concern over curb on migrant workers’ movement

The issue faced by migrant workers took the centre stage as labour minister Santosh Kumar Gangwar met the representatives of 12 central trade unions (CTUs).




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Procedural relief to GST payers, but experts say no substitute for financial package

The e-way bill generated on or before March 24 and expiring during the March 20-April 15 period would now be valid till May 31.




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Lower power tariff can boost Make in India after corona crisis

"It is the time to review the policy of cross subsidisation of power as this plays a part in making our industries non-competitive,” former finance secretary Subhash Chandra Garg said at an online panel discussion on the power sector.




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Refunds for garments exporters: Govt clears Rs 3,000-crore pending claims, more to follow

In an office memorandum dated April 30, reviewed by FE, the revenue department has said it has approved the release of the RoSL benefits, which will, however, be in the form of scrips, instead of cash.




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Hollywood artist tutors Arabic-speaking kids during pandemic

There's not nearly enough original Arabic-language content online to keep young Arab kids entertained, so Syrian-born animation artist Reem Ali Adeeb and her sister Sandi set up Susupreemo, a YouTube channel designed to help Arabic-speaking kids weather the coronavirus lockdown through basic tutorials on drawing and such




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Kraftwerk founder Florian Schneider dies aged 73

Schneider and collaborator Ralf Hutter combined the German language lyrics with synthesisers and drum machines to create 'krautrock,' which won Kraftwerk a legion of musician fans, including David Bowie, Madonna, Daft Punk and Kanye West




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Nurse is the chosen superhero in new Banksy artwork

'Thanks for all you’re doing,' the artist said in a note for hospital workers. 'I hope this brightens the place up a bit, even if it’s only black and white.'




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‘Bailing out the Titanic’ - French arts struggle amid coronavirus

With the entertainment industry shut down by the virus, President Emmanuel Macron pledged to extend aid for out-of-work actors and performers until next year, and to set up a fund to help the paralysed film industry




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Greece’s ‘invisible’ artists call for help in virus squeeze

In a country where art is widely seen as a pastime, and performers have long struggled to secure steady pay and royalties, the closure of theatres and cinemas and the cancellation of summer festivals has wrought havoc




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Review: Hyundai Kona electric car shows petrol, diesel vehicles their place in history

The Kona Electric is lightning quick from any speed to any speed, because the massive 395Nm of torque is delivered instantly by the electric motor, unlike a petrol/diesel vehicle where the engine needs to reach a particular RPM to deliver similar power




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MG Motor Hector review: This British SUV ‘listens’ to you and talks back

MG Motor is a British carmaker now owned by SAIC Motor of China. The Hector is its first product for the Indian market—and the company calls it India’s first internet car.




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Has the Seltos set a new benchmark for SUVs?

The Seltos has a modern design, and one that the next-generation Creta (likely in 2020) could take some cues from.




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How can the budget help ensure sustainable growth for auto industry

How can the budget help ensure sustainable growth for auto industry




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Interview | Hybrid is the right technology for sustainable transition to EVs: Rajesh Goel

The Indian passenger vehicle (PV) market is going through its worst phase in almost a decade, but Rajesh Goel, senior vice-president & director, Sales & Marketing, Honda Cars India, believes that as the festive season approaches, the market should revive.




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Mahindra comes up with World of SUVs – premium vehicle showrooms

Over 300 World of SUVs set up in six months.




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Hyundai Kona Electric’s range of 452 km is in ‘ideal’ test conditions: YS Kim, R&D Division, Hyundai Motor Group

Our next EV will be developed on the dedicated Electric-Global Modular Platform (E-GMP), and that car will be launched globally in early 2021. That platform will be used for Hyundai, Kia and Genesis EVs.




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The new Porche Macan is a sports car in SUV body type

Earlier this week, Porsche India gave the Macan SUV a comprehensive upgrade; it launched the new Macan (Rs 69.98 lakh) and the more powerful Macan S (Rs 85.03 lakh). The Macan is a compact SUV made by Porsche.




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Designing the perfect range map for electric cars

MapmyIndia says it has a solution that tells the exact range of an electric car, as it is being driven




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Royal Enfield drives Studio Stores to spread reach, cut dealership cost

For the April-July 2019 period, domestic sales declined by 22% to 2,23,612 units (as compared to 2,86,726 units sold in the same period last fiscal).




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Know the steps needed for increased adoption of electric vehicles

While EVs are cost-competitive in the long run, by 2025 they are also expected to be cost-effective in terms of upfront cost, vis-a-vis petrol/diesel vehicles.




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Hyundai Motors to showcase electrified prototype displaying this concept

The all-new i10 will receive its public world premiere, alongside a special version of the model




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Bridging the skilled gap in the automotive sector

Becoming the youngest country also means that the demand for jobs will see a substantial growth, thus amplifying the challenges in the job market.




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This Volkswagen first model to celebrate world premiere at Frankfurt Motor Show

The ID.3 is the first fully electric model based on the new MEB platform




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Motorcycle Review: Revolt RV400; It’s impressive, but doesn’t look original

The Revolt RV400 has got the juice and the looks for city riding, but the looks are heavily inspired by a certain Chinese motorcycle




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Electric design with a Porsche DNA

Looks much like Mission E Concept that debuted at Frankfurt Motor Show 2015




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TVS Sport sets a new record for ‘highest fuel efficiency on a motorcycle ‘at 76.4 kpl

Sets a new record for ‘highest fuel efficiency on a motorcycle’ at 76.4kpl




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F1: Change of rulers to spending limits would make the sport more competitive

Change of rules to spending limits would make the sport more competitive




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Slow auto sales due to govt indecision; let sector reforms flip-flop not kill the industry

One of the reasons is bunching together of several regulatory changes announced by the government in a very short span of time without realising their full implication, a classic case of ‘reform for reform’s sake’.




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Electric vehicles: The way forward for early adoption

On the government’s part, these include NEMMP (National Electric Mobility Mission Plan) and FAME II (Faster Adoption and Manufacturing of Hybrid and Electric vehicles).