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Many US tech firms pay migrant workers below mkt rates

Researches reveal that many firms that employ H-1B workers directly, including some of the biggest names in the technology industry such as Amazon, Google, Microsoft, Apple, Qualcomm, Salesforce and Uber, pay a large share of their H-1B workers at one of the two lowest wage levels, Level 1 or Level 2.




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RBI wants to end lazy banking

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.




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12 suggestions to solve India's COVID-19 economic woes

'A total overall of the existing way of working by abolishing taxes and allowing citizens to help themselves without any government bottlenecks and impediments,' observes Rahul Mishra.




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Gold smugglers locked down, no seizure in April

Custom authorities have been keeping strict vigil on the cargo movements from Bhutan, Taiwan, China, Afghanistan, South Korea Japan, and Dubai since January.




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COVID-19 deals a deadly blow to small realty players

Experts say that the lockdown and its aftermath will further quicken the consolidation in the real estate sector, which has been taking place since 2012, with more small players going out of the business and bigger, branded players dominating the market.




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New FDI policy may hurt India's start-up dream

'As much as $4 billion in India's start-up companies has come from Chinese funds.' 'Government policy must not remain indifferent to the problems India's start-up ventures are likely to face after the change in FDI rules,' says A K Bhattacharya.




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Will Mumbai be hit by shortage of essential goods?

Vashi APMC traders see supplies to Mumbai impacted over movement curbs. A number of trucks sent to Mumbai from the market has reduced from 600 per day in recent times to around 300.




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How Airbnb's Brian Chesky let I,900 employees go

There is much to learn from how Brian Chesky, co-founder and CEO, Airbnb, let 1,900 employees know they had lost their jobs.




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'Govt should present new Budget'

'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'




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The businessman who got richer during the lockdown

Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.




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Be warned! Dark economic times ahead!

'Two consecutive quarters of negative growth are the technical definition of an economic recession, and for the first time in this generation's memory, we may be staring at one,' observes Aakar Patel.




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India's FY21 GDP growth at 0%, says Moody's

Moody's Investors Service on Friday projected India's growth at zero per cent for the current fiscal and said the negative outlook on sovereign rating reflects increasing risks that GDP growth will remain significantly lower than in the past. The outlook also partly shows weaker policy effectiveness to address economic and institutional issues, it noted in the update to its November 2019 rating forecast.




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After UP and MP, Gujarat exempts cos from labour laws

Except for laws pertaining to the payment of minimum wages, following safety norms and adequate compensation for workers in case of industrial accidents, no other provisions of the labour law would apply to all new companies that wish to operate in the state for at least 1,200 days, and for those that have already been operational for that period.






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Stars on a short orange carpet,and Jafar Panahi everywhere





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Ledisi thrives with soulful “Pieces of Me”




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Eliane Elias lights a fire on new CD













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The Idler Wheel Is Wiser Than the Driver of the Screw and Whipping Cords Will Serve You More Than Ropes Will Ever Do















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Sleeping With the Past




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Music Review: Parineeti Chopra, Aditya Roy Kapur’s ‘Daawat-e-Ishq’




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Music this week: Blacks and Blues




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Power Packed: Katiyabaaz




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Music review Mary Kom: Most of the album is full of deadpan riffs




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Two Sides of the Same Coin




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On a Power Trip




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Music review: 5 The Gray Chapter




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‘Badlapur’ Music Review: The Right Groove




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‘Mr. X’ Music Review: The effect the music leaves behind is at best parodic if not clumsy