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Covid-19: Nitish under pressure after UP brings back students from Kota

Leader of the Opposition Tejashwi Yadav issued an open letter addressed to the chief minister, wherein he charged the state government with treating its own people like infiltrators




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Adityanath's father dies, UP CM says can't attend funeral due to lockdown

Bisht's last rites will take place in Haridwar in Uttarakhand on April 21, Media Advisor to the chief minister Mrityunjay Kumar said




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Shaheen Bagh, Jamia erupt in joy; AAP's Amanatullah Khan wins Okhla seat

After the first few rounds of counting, Singh was leading by 194 votes, but subsequently, Khan took the pole position




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Upcoming Maharashtra local body polls postponed amid coronavirus scare

The election commission also stayed the poll-related process




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How e-retailing is affecting traditional supply chains & logistics

Unifying different supply chains and evolving into an omni-channel business is no mean feat. The Indian brick-and-mortar retailers are now pressed between a brick and a click




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When supply chains wreak mayhem

India needs to draw lessons from the catastrophe at Tianjin port logistics facilities. We don't just need to enforce strict regulations on our supply chains, we also need to have an emergency response plan ready.




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How supply chains are going the Gandhian way

Supply chains are slowly aligning with Gandhian principles, as they reshape to the realities of political economy.




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Supply chains and geopolitics

Supply chains play a big role in geopolitics. India needs to develop and use supply chain capabilities as a tool in geopolitics




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How supply chains established by Nehru helped India break free

Bashing Nehru may be fashionable but flawed. He broke free from the exploitative colonial economic structure and laid strong economic foundations; and above all, India grew fast




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Why supply chain forecasts go wrong

Matching demand and supply is vital, but always tricky. Humans and machines cannot model all variables quantitatively




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Illegal supply chains: Real & hidden threat to India's security

Pathankot airbase attack proved that terrorists find these the perfect platform to piggyback




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Dakota Pipeline Standoff Erupts, Injuries Reported

Demonstrators protesting the Dakota Access Pipeline were injured on Sunday after increased tensions. Police fired rubber bullets and tear gas after a group of protesters moved into restricted areas. Authorities also doused protesters with water from fire hoses despite frigid temperatures. Photo: James MacPherson/AP Photo




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Carbon: From Pollutant to Product | Moving Upstream

Most scientists consider carbon dioxide the primary culprit in climate change. But what if CO2 in the atmosphere could be converted from an invisible gas into products like bricks and shoes? WSJ’s Jason Bellini investigates. Image: Ryno Eksteen and Adele Morgan




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U.S. Designates Foreign White Supremacist Group as Terror Organization

The U.S. on Monday designated a Russian white supremacist group, the Russian Imperial Movement, as a foreign terrorist organization and placed sanctions on its members. Photo: Olga Maltseva/AFP




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Coronavirus Update: U.S. Weighs Oil Aid, Netflix Subscriptions Surge

As a $484 billion aid package for small businesses moves to the House, the administration weighs helping oil companies; Wisconsin’s Republicans sue over the stay-at-home order; Netflix posts breakneck subscriber growth. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Mark Felix/AFP




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Coronavirus Update: Covid-19 Treatment Hopes, Aerospace Survival Plans

Regulators weigh greenlighting the emergency use of a Gilead drug, Boeing and Airbus plan to cut thousands of jobs, and Elon Musk rails against lockdown measures. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Associated Press




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Global financial conditions tightened abruptly due to COVID-19: IMF

The International Monetary Fund (IMF) in its Global Financial Stability Overview released on Tuesday has noted that early in 2020, global financial markets remained afloat as there was a sense of optimism on the back of supportive monetary policy, reduced trade tension and tentative signs of stabilisation in the global economy. However, the spread of COVID-19 has posed a risk that has seen the prices of risk assets and commodities fall at unprecedented speed.The document released by the IMF says that the equity markets experienced the fastest drop in history with the S and P 500 falling 20 per cent from its peak in just 16 trading sessions.The asset price declines reached about half the magnitude seen in 2008-09 at the worst point of the sell-off, and implied volatility spiked across asset classes, in some cases to levels last seen during the global financial crisis.Financial Counsellor and Director of the Monetary and Capital Markets Department, IMF, Tobias Adrian while releasing the




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USCIRF welcomes Supreme Court's decision on Assam detention centres

The US Commission on International Religious Freedom (USCIRF) on Tuesday (local time) welcomed the decision of India's Supreme Court to relax conditions for the release of individuals detained as "foreigners" in Assam's detention centres due to concerns with the spread of COVID-19."We welcome this decision as a first step," a statement by USCIRF quoted its Chair Tony Perkins as saying."We urge the Indian Supreme Court to continue on this promising path and order the release of all those detained in the detention centres on humanitarian grounds. Even two years as a minimum time for release is unreasonable given the threat of detention centres becoming a breeding ground for the spread of COVID-19," he added.In response to an application submitted by the Justice for Liberty Initiative, the Supreme Court on Monday ordered the release of detainees held for at least two years and lowered the personal bond amount necessary to secure release from Rs 100,000 to 5,000.Coronavirus has impacted ..




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China Stocks rise on lenders earnings update

The gains were driven by banking shares after China's big four lenders reported higher profits for the first quarter despite the impact of the pandemic.




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Boomers, Gen Xers and Millennials: Catchall Groupings

Generational groupings are attractive to academics who want to measure social and cultural change. They’re coveted by marketers looking to capitalize on evolving consumer tastes. And they appeal to others seeking to exploit the perceived psyche of the different groups.




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The disruptive power of technology

The fund industry may have embraced machines and robots, but managing money still needs the human touch




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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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Pepsi, Monsanto to set up units in Maharashtra

Soft drink maker to put in Rs 500 cr to set up juice factory; Monsanto identifies Buldhana district for a seed plant




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Govt to set up MSME units at Mumbai's NTC land

Centre denies selling NTC land in Mumbai; units to be allied sector of textile industry




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Make in India nudges RPG Group to invest at home

Currently, the $2.9 billion RPG Group earns 42 per cent of its revenue from overseas




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Rupee extends losing streak

At 71.3125/3150 per dollar




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Rupee closes higher

At 76.3875/76.3900 per dollar




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India signs $1.5 billion loan with ADB to support India's COVID-19 immediate response

The Government of India and the Asian Development Bank (ADB) signed a $1.5 billion loan that will support the government's response to the novel coronavirus disease (COVID-19) pandemic, focusing on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups. Earlier, the ADB's Board of Directors approved the loan to provide budget support to the government to counter and mitigate the adverse health and socio-economic impact of the pandemic.




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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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Food grain procurement picks up pace amid lockdown

The procurement of wheat and rice (second crop) during the ongoing Rabi season has picked up pace despite severe logistical constraints posed due to the countrywide lockdown. Against the target of 400 Lakh Metric Tonnes (LMT) of wheat, procurement for central pool has touched 216 LMT upto 06.05.20. It is particularly heartening since procurement in major wheat procuring states like Punjab, Haryana and Madhya Pradesh had started only after 15th April. Similarly paddy procurement is also going on smoothly with 44.9 LMT paddy procured so far by the government agencies.




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Lupin's Pithampur facility successfully completes UK MHRA inspection

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Railways' budgetary support may be up 12%

From the next financial year, the railways will not have to pay any dividend, which will save the carrier approximately Rs 10,000 cr




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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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Steel sector seeks govt support on lines of textiles, sugar

Apart from duty safeguards, industry also seeks year-long moratorium on payment of interest and principle




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ICICI Securities firms up after Q4 PAT rises 28% to Rs 156 cr

ICICI Securities jumped 3% to Rs 388.30 after consolidated net profit rose 28.3% to Rs 155.88 crore on a 12.5% rise in total income to Rs 481.94 crore in Q4 March 2020 over Q4 March 2019.




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Sensex up 430 pts; Europe opens in green

At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 433.52 points or 1.38% at 31,876.29. The Nifty 50 index rose 120 points or 1.3% at 9,319.05




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Kokuyo Camlin Ltd leads losers in 'B' group

Healthcare Global Enterprises Ltd, Ganges Securities Ltd, Pritish Nandy Communications Ltd and The Byke Hospitality Ltd are among the other losers in the BSE's 'B' group today, 08 May 2020.




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Cyient Ltd leads losers in 'A' group

Laurus Labs Ltd, RBL Bank Ltd, Bandhan Bank Ltd and Torrent Power Ltd are among the other losers in the BSE's 'A' group today, 08 May 2020.




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Coronavirus Update: Lockdown Orders Expire, Lab Theory Investigated

States balance public health and economic well-being as more lockdowns expire; U.S. intelligence agencies confirm investigating if the coronavirus escaped from a lab in Wuhan; Apple and Amazon report profits. WSJ’s Shelby Holliday has the latest on the pandemic. Photo: Matthew Hatcher/Bloomberg




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Thousands Line Up to Receive Boxes of Food in New Jersey

Outside of New York, New Jersey is the state that has been hit hardest by the pandemic. WSJ visited a recent emergency food distribution event in Newark to speak with New Jerseyans about food insecurity during the pandemic.




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Coronavirus Update: California Borrows Federal Cash, United Plans Cuts

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press




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Coronavirus Update: Trump Says Task Force to Shift Focus

President Trump said the White House coronavirus task force will continue indefinitely and Airbnb plans to lay off a quarter of its workforce. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Brendan Smialowski/AFP




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Coronavirus Update: ‘Evidence’ Virus Came From Lab, Economies Start to Reopen

The Trump administration steps up assertions that the coronavirus originated at a lab in Wuhan, governments around the world start to allow businesses to reopen, millions of imported masks fall short of N95 standards. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Scott Keeler/Zuma Press




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Lupin's Pithampur facilities complete UK MHRA inspection

The drug major on Friday (8 May 2020) informed that the inspection of its three units at Pithampur in Madhya Pradesh by the UK health regulator has been completed.




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Carlyle Group to buy 74% stake in SeQuent Scientific

The US-based private equity investor will buy shares at Rs 86 each and the transaction is expected to close in the third quarter of 2020.




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'Upload' renewed for season two at Amazon

Amazon Prime Video has given a second season order for Greg Daniels' show "Upload". The season two renewal comes just a week after the show premiered on Amazon Prime Video, according to The Hollywood Reporter. The single-camera sitcom, featuring Robbie Amell and Andy Allo, takes place in the near future, where people who are near death can be "uploaded" into a virtual afterlife of their choice. "I am thrilled to continue a great relationship with Amazon Studios and this wonderful cast and find out what happens next to Nora and Nathan and Ingrid and their 2033 world. With this news I can stop drawing my season 2 flip book," Daniels said in a statement. "Upload" is executive produced by Daniels and his producing partner Howard Klein.




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Nike's rivals play catch-up in marathon shoe wars

When Eliud Kipchoge made history by beating the two-hour mark for the marathon, the Kenyan was wearing a pair of controversial Nike running shoes that has sent rival companies scrambling to play catch-up in a business worth billions of dollars. The likes of Adidas, Asics, Brooks, Hoka, New Balance and Saucony have recently released or are about to unveil their own carbon-fibre versions of running shoes. Critics claim the new shoes are the equivalent of mechanical doping, while supporters hail them as a revolutionary technical advance in footwear after decades of stagnation. Nike said its Vaporfly range, unveiled in 2016, was an "example of how product design can capture the fascination of an entire sporting community and, more broadly, inspire new benchmarks of athletic potential", boasting an improvement in times by up to four percent. Elite athletes wearing versions of the Vaporfly, the carbon plates of which lend a propulsive sensation to every stride, have set a rash of personal ..




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Aussie Super Rugby eyes early July return

Australia's Super Rugby competition is planning for an early July return, a spokesman said Saturday, after the coronavirus outbreak derailed the season and sparked turmoil within the sport's cash-strapped governing body. Rugby Australia's board suffered another tumultuous week with new director Peter Wiggs -- who had been tipped to take over the chairman's role -- quitting after just five weeks in the job. His departure followed the resignation last month of chief executive Raelene Castle after pressure from the board and a simmering financial crisis. Clubs are set to begin training in the coming days under strict health regulations aimed at preventing the spread of COVID-19 among players, a spokesman said on Saturday. "We do not have a confirmed date for the resumption of Super Rugby in Australia, however early July presents a best case scenario," he added. This year's Super Rugby competition saw seven rounds played before the pandemic forced a stop to the season in March. The ...




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I've lightened up: Jake Gyllenhaal on personal life and baby plans

Hollywood star Jake Gyllenhaal says he is ready to focus on his personal life and that includes having kids some day. The 39-year-old actor said he has neglected his family a lot due to his commitment to his work but now he has "lightened up". "I'm interested in my life, even more so than my work. I've reached a point in my career where I feel hungry in a different way. I've seen how much of my life I've neglected as a result of being committed to that work and that idea," Gyllenhaal told British Vogue in an interview. "(I've) lightened up. Seeing life as something that is, you know, fleeting, and the world being as it is now. I've turned to my family, I've turned to my friends and I've turned to love. I'm a little less interested in the work, I would say, and more interested in that," he added. Gyllenhaal, who is rumoured to be dating French model Jeanne Cadieu for the past two years,said that he "definitely" plans to have kids in future. "Yes, of course I do. I definitely do. The ...




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Not giving it up cold turkey: Bird hunters just winging it

The coronavirus pandemic has cancelled dozens of spring traditions, from college basketball's Final Four to Easter Sunday services, but there's one rite that's going on largely unfettered turkey hunting. Every state except Alaska, which is the only state with no turkeys, hosts a spring turkey hunt each year. The birds, whose domesticated cousins grace Thanksgiving tables from Hawaii to Maine, are among America's greatest conservation success stories. The hunt is taking on a new look in some parts of the country this year due to social distancing laws. Many states, including Maine, are requiring out-of-state residents to self quarantine for two weeks when they enter the state. That functionally eliminates out-of-state hunters from coming to the Pine Tree State to bag a bird. Other states, including Kansas, have suspended the sale of turkey permits to non-residents to reduce spread of the coronavirus. Some have suspended the need to register a bird after shooting it. But all 49 states .