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How to Fix and Strengthen the 401(k)

The 401(k) workplace-savings plan, designed to augment traditional pensions, has become the primary retirement-savings vehicle for many workers, but critics say it isn’t up to the task. WSJ's Anna Prior highlights five key suggestions to strengthen the 401(k). Photo: Getty




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A Gymnast's Death-Defying Leap to Success

Dipa Karmakar, the first female Indian gymnast to qualify for the Olympics, will be performing one of the sport's most dangerous and difficult moves in Brazil in August. Photo: Karan Deep Singh/The Wall Street Journal




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How China Upended Life at India's Ship-Recycling Yards

At the world's biggest ship-recycling yard at Alang, India, life is becoming harder as fewer ships arrive. Here's why. Photo: Karan Deep Singh/The Wall Street Journal




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On-Site Child Care: It's Paying Off at Clif Bar

Clif Bar & Co. is among only 5% of U.S. employers that offer a child care center on-site or near its offices. Kate Torgersen, an 18-year employee, explains how bringing her three children to the company's "Base Camp" child care center has benefited her as a working mother. Photo: Tim Hussin for The Wall Street Journal




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We are increasing our footprint in India: Pratyush Kumar

Interview with President, Boeing India




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Govt to bring in law for construction vehicles industry

Motor Vehicles Act does not adequately address concerns of construction, mining and earth moving equipment makers




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Single-table system to clear investment proposals faster: Shivraj Singh Chouhan

Interview with Chief Minister, Madhya Pradesh




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Modi's $222-billion Make in India haul masks challenges to come

Right now, the campaign launched in 2014 is best known for its logo - a lion made of cogs - that has shown up on billboards from Hanover to San Francisco




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CIDCO inks MoUs worth Rs 30,000 crore during Make in India Week

CIDCO also inked an MoU with Transparency International India to combat corruption and for effective governance




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Rupee extends losing streak

At 71.3125/3150 per dollar




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Indian Ports Working At 70-80% Capacity

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Firms Facing Hurdles In Movement Of Workers And Raw Materials In Commencing Operations: CII survey

The CII survey indicates that permits for enterprises, passes for workers and supply chain movement are the key hurdles for industry in exit from lockdown. For facilitating restart of economic activities, CII has suggested that in non-containment zones, businesses should be allowed to function without requirement of permits and only through intimation to local authorities. While state governments have mostly clearly communicated restart guidelines to businesses, firms are facing hurdles in movement of workers and raw materials in commencing operations. These are the findings of a nation-wide survey conducted by the Confederation of Indian Industry (CII).




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Procurement Of Wheat Progressing At Very Fast Pace In All Major States

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EPFO Settles About 13 Lakh Claims During Lockdown

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Ministry of Chemicals and Fertilizers Reports Record Fertilizer Sales During Lockdown

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Post-Covid era will see perceptible change in global supply-chains and India should capture significant share in the world trade: Piyush Goyal

Minister of Commerce and Industry & Railways Shri Piyush Goyal held discussions with the Export Promotion Councils(EPCs) of the country. He called upon the Exporters to identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets. Goyal said that in the post-Covid era, there is going to be perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade. He assured them that the Government will be a pro-active supporter and facilitator in their efforts, and the Indian Missions abroad can play an important role in that. The Minister said that Incentives can be given, but they have to be justified, reasonable, and WTO-compliant.




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India Manufacturing PMI Plunges Sharply Into Contraction Zone

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Government Contemplating Policy On Import Substitution In The Wake Of New Economic Situation Created By COVID-19 Pandemic: Nitin Gadkari

Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs.




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Edible Oil Imports Plunge 34% On Year In April

The Solvent Extractors' Association (SEA), noted in a latest update that based on the available data, it has compiled provisional data for Import of Edible Oils for April 2020. The imports in April 2020 are reported at 790,377 tons compared to 941,219 in March 20 and 1,198,763 tons in April 2019, down by 34%, on YoY basis. The drop in April is mainly due to logistics issues at destinations as well as at discharge ports. The overall Import of Edible Oils during Nov-2019 to April-2020 is reported at 6,182,184 tons, compared to 7,203,830 tons during the same period of previous year, i.e. down by 14 %.




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RBI Announces Rate Of Interest On GOI Floating Rate Bonds 2024 At 3.62%

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Raising Capital: The Shirt, Dogfish Head, Intelius

The Shirt founder Rochelle Behrens, Dogfish Head founder Sam Calagione and Intelius co-founder Naveen Jain share advice on raising capital at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. . WSJ's Vanessa O'Connell leads the discussion.




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Recruiting Talent: The Shirt, Dogfish Head Brewery

The Shirt founder Rochelle Behrens and Dogfish Head founder Sam Calagione share advice on recruiting talent at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. WSJ's Vanessa O'Connell leads thediscussion.




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Biocon receives EIR from USFDA for its small molecules API facility in Bengaluru

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Hexaware Technologies launches KareRing, a cloud based quarantine zone management solution

KareRing adheres to standards like data encryption. Advanced tracking technology increases accuracy by using other sensory data. The app leverages AI-powered global identity verification to authenticate users' identity before onboarding them and uses data analytics and intelligence techniques to visualize user data. An inbuilt, WHO-compliant bot is used for user self-health assessment. The app has also an added functionality for healthcare organizations to evaluate the efficacy of the vaccine under trial.




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K C P resumes operations at engineering unit and cement production unit

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Swaraj Engines standalone net profit declines 4.86% in the March 2020 quarter

Sales decline 8.53% to Rs 175.13 crore




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Exit polls give Bengal to Mamata, Assam to BJP, Kerala to Left, TN to DMK

Exit polls predicted a win for the DMK-Congress alliance in Puducherry too, ousting the ruling All India NR Congress




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EC allows SBI to take currency vans holding Rs 570 crore back to Coimbatore

State Bank of India was transferring the money from Coimbatore to Vishakhapatnam to tide over a cash shortage in Andhra Pradesh when the vans were seized by the Election Commission




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Assembly Polls 2016 results: Counting of votes begins in 4 states

The counting of votes will decide the fate of approximately 8,300 candidates




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Tamil Nadu Assembly polls: Counting of votes begins

Counting is progressing in 68 centres across the state




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As counting starts for Tamil Nadu Assembly polls, Sun TV stock price down by 8.08%

Sun TV is promoted by DMK chief M Karunanidhi's grand-nephew Kalanithi Maran




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Assembly elections 2016 results: BJP spreads wings, Congress shrinks

BJP wins in Assam, opens account in Kerala; Congress loses two states; Left sweeps Kerala; Mamata decimates Opposition in West Bengal




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Vijaykant's DMDK in danger of losing state party status

DMDK's vote share plummeted to 2.4% in the 2016 Assembly polls from 7.88% in 2011, even as the party failed to return a single legislator




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Arun Jaitley backs outsourcing of non-core functions of railways

The government had in September scrapped the 92-year old practice of presenting a separate railway budget




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Replacing British-era rail bridges may take 60 years

26% bridges are over 100-year old, 5% crossed 140 years




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IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address

Government will continue to use the ETF route for disinvestment of PSUs




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IRCTC, IRCON to be listed: Railways mega holding co on the backburner?

Railway authorities termed listing of these companies as a 'shocker'




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Govt weighs fiscal stimulus in upcoming Budget to boost demand

Real annual GDP accelerated in Jul-Sept to 7.4% from 7%. But, growth of nominal GDP slowed sharply to 6%




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If others are moving Titanic, we're moving a speedboat: Kunal Bahl

Bahl's company has been in the middle of some firefighting over reports on how there are efforts to downsize as cash is depleting




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Biocon gains after Bengaluru API facility gets EIR

Biocon gained 1.82% to Rs 356 after the company said it received establishment inspection report (EIR) for small molecules API manufacturing facility in Bengaluru.




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HUL spurts after foreign broker maintains 'outperform' rating

FMCG major Hindustan Unilever (HUL) jumped 4.81% to end at Rs 2088.35 after a foreign brokerage reportedly maintained an 'outperform' rating on the stock with a target of Rs 2,400 per share.




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How the 2020 Presidential Campaign Is Starting to Resume

As fears of the novel coronavirus spread through the U.S., the high-contact tradition of presidential campaigning came to a halt. WSJ's Gerald F. Seib explains what Americans may see as campaigning resumes. Photo: Shutterstock/Zuma Press




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Kim Jong Un Re-Emerges, Strolling and Smoking

State-media footage shows North Korean leader Kim Jong Un cutting the ribbon at a fertilizer factory, ending a nearly three-week absence from public view that fueled rumors of his death. Photo: KRT/Associated Press




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Govt raises market borrowing plan to Rs 12 lakh crore for FY2021

RBI issues revised Calendar for issuance of Marketable Dated Securities for the remaining period of H1 (11 May - 30 September 2020)




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Bajaj Electricals resumes manufacturing operations

However, the management of the Company expects the operations to remain sub-normal in the immediate future, with a possibility of intermittent disruptions based on the evolving situation and varying Government guidelines and permissions. The Company continues to closely monitor the situation and shall take appropriate action as per regulatory guidelines.




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Swaraj Engines' Q4 PAT falls 4.9% to 15.84 cr

Swaraj Engines' net profit fell 4.9% to Rs 15.84 crore on a 8.5% decline in net sales to Rs 175.13 crore in Q4 March 2020 over Q4 March 2019.




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Indian faces trial for spying on Sikhs and Kashmiris in Germany

An Indian national will stand trial in Germany accused of spying on Sikh and Kashmiri communities for New Delhi's secret service, a court said Friday. Federal prosecutors allege the suspect, identified as 54-year-old Balvir, has been working with the Indian foreign intelligence agency Research & Analysis Wing since 2015. "He allegedly provided information about figures in the Sikh opposition scene and the Kashmiri movement and their relatives in Germany, and passed this on to his handlers who were working at the Indian consulate general in Frankfurt," the higher regional court in the city said in a statement. The trial will open on August 25. The same Frankfurt court convicted an Indian couple for spying on the same communities last December.




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Legislation introduced in Congress to give Green Cards to foreign nurses and doctors

US lawmakers have introduced a legislation in Congress to give unused green cards or permanent legal residency status to thousands of foreign nurses and doctors to meet the urgent needs of the overstretched healthcare sector in the country. The Healthcare Workforce Resilience Act would allow for recapturing green cards that were approved by Congress but unused in past years, allowing thousands of additional medical professionals to serve permanently in the United States. The legislation would send green cards to 25,000 nurses and 15,000 doctors during the COVID-19 pandemic and ensure that places like Iowa have the professionals they need to serve patients for years to come, a media release said. The move is likely to benefit a large number of Indian nurses and doctors, who are either on H-1B or J2 visas. In the House of Representatives, it has been introduced by lawmakers Abby Finkenauer, Brad Schneider, Tom Cole and Don Bacon. The bipartisan Senate companion bill is led by Senators ..




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Indian-American grocery store owner in Silicon Valley charged with price gouging

The owner of a popular Indian-American grocery story has been charged with price gouging during the coronavirus pandemic, when the entire state is under stay-at-home orders. Following consumer complaints, an investigation office revealed that Rajvinder Singh, owner of the popular Apna Bazaar in California's Pleasanton, had allegedly increased the prices of grocery items following the emergency declaration by the governor on March 4. Based on evidence provided by customer receipts, the investigation confirmed that the pricing of several food items exceeded the 10-per cent increase allowed during a state of emergency, with some prices being as much as 200 per cent more than what was previously charged, according to a joint statement issued by California Attorney General Xavier Becerra and Alameda County District Attorney Nancy O'Malley. The food items listed in the complaint include yellow onions, ginger, green beans, instant noodles, tea, chili peppers, pomegranates and red yams. "We ..




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3 nurses strangled in Mexico; border mayor gets coronavirus

Three sisters who worked in Mexico's government hospital system were found murdered by strangling, authorities in the northern border state of Coahuila announced on Friday, stirring new alarm in a country where attacks on healthcare workers have occurred across the nation amid the coronavirus outbreak. Two of the sisters were nurses for the Mexican Social Security Institute and the third was a hospital administrator, but there was no immediate evidence the attack was related to their work. The state prosecutor told local media the motive might have been robbery. State police said the bodies were found in a house in the city of Torreon. The Social Security Institute said they were killed on Thursday. The National Union of Social Security Employees called the killings "outrageous and incomprehensible". In other parts of Mexico, nurses have had been hit, kicked off public transport or had cleaning fluids poured on them amid fears they might spread the coronavirus. Mexican health ...