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Airbus Sensor Cameras Used to Detect Explosives Can Prove Vital in 'Sniffing' Coronavirus

These camera sensors use microprocessors, which are made of biological cells. These processors help in identifying different chemicals and microbes floating in the air but invisible to human eyes.




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England Cricket Board Teasing Kohli's Unique Dismissal by Rashid Has Riled up Desi Fans

In the video with Kohli, from the 2018 ODI series, the ECB has asked the Indian skipper if that was the best ball he ever faced.




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Watch: Hundreds of Baby Olive Ridley Turtles Make Their Way to Sea in Odisha amid Lockdown

Videos of a huge number of baby Olive Ridley turtles moving towards the sea after a few days of hatching has taken the internet by a storm.




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Dutch School Installs Plastic Shields Around Students' Desks to Maintain Social Distancing

At the Springplank school in Netherlands, younger students will use one entrance and older students a different one. Parents will have to drop their children at the gate.




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Industry Dialogue: It is Not True That Employees Working From Home Are Lazying Around

If you’re still unsure whether remote work can work for your business, you may not have had a choice, during the COVID-19 pandemic. Now is the time to assure employees that you not only care about but also trust them—that you have their best interests at heart.




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BP Announces $4.4 Billion Quarterly Loss as Oil Prices Crash Amid Coronavirus Pandemic

BP said it planned to reduce cash costs by $2.5 billion by the end of 2021 relative to 2019. "Some of these cost savings may have associated restructuring charges," the company added.




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RBI Writes off Nearly Rs 69,000 Cr Loans, Including Those of Top Defaulters Mehul Choksi & Vijay Mallya

Absconding dimantaire Choksi's company Gitanjali Gems tops the list of these defaulters with a whopping amount of Rs 5,492 crore, according to the list.




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PNB Housing Appoints Neeraj Vyas as Interim MD and CEO

Vyas will be in the new role for a period of eight months, effective from April 28, according to a BSE filing by the company.




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Citing Economic Cost of Covid-19 Shutdown, Moody's Slashes India Growth Forecast to 0.2% for 2020

In its report titled Global Macro Outlook 2020-21 (April 2020 update), Moody's lowered G-20 advanced economies as a group to contract by 5.8 per cent in 2020.




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WTO Members Eliminate Duties on Over 84% of Medical Products for 2020 under Various Agreements

India is a member of the WTO since 1995. There are a total of 164 members of this organisation, which deals with global trade-related issues.




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Oil Prices Climb as Storage Fills Less Rapidly than Feared

While storage is rapidly filling up, production cuts by US shale producers, estimated by consultants Rystad Energy at 300,000 barrels per day for May and June, should help slow flows into tanks.




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India's Serum Institute to Make Millions of Potential Coronavirus Vaccine Doses

Serum, the world’s largest maker of vaccines by volume, is mass-producing the vaccine candidate developed by the University of Oxford.




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Sensex Jumps over 300 Points in Early Trade; Nifty Reclaims 9,400

HDFC was the top gainer in the Sensex pack, rallying nearly 5 per cent, followed by Bajaj Finance, HDFC Bank, Tech Mahindra, M&M, Reliance Industries and NTPC.




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Indians Venture into US Stocks as Markets Slump at Home

India's equity markets have lost more than a fifth of their value this year, while the S&P 500 has corrected by just over 11 per cent. The S&P 500 also has almost no correlation with India's markets, making it an ideal hedge for domestic investors.




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Sensex Rallies 606 Points, Nifty Reclaims 9,500 as Banks, Financials Surge

Indian markets opened on positive note taking positive cues from its Asian peers and ahead of U S Federal Reserve's decision on interest rates amid ongoing coronavirus pandemic.




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Salary Cuts Imminent: Deloitte Says 27 of the Top 100 Firms on NSE Can't Sustain Wage Bill

A study by Deloitte found that 27 companies of the 100 listed on the NSE, won't be able to sustain current wage bill from cash profits, if their revenue dips by 30 per cent or more.




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Realty Check: Work-from-home Might Not Result in Shrinking of Office Spaces, Say Experts

The need for more space due to potential social distancing norms in the near and distant future, expert say, is likely to offset the space gained by people working from home.




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RBI Extends Curbs on Mumbai-based Co-operative Bank For 6 More Months

The Reserve Bank in October 2018 had barred the bank from granting or renewing any loan for six months and later extended the curbs twice. The bank was allowed to continue to undertake banking business with restrictions till "its financial position improves".




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Partial Relief for Vodafone Idea as SC Asks Income Tax Department to Refund Rs 733 Crore

Vodafone Idea, formerly known as Vodafone Mobile Services Ltd, had however sought Rs 4,759.07 crore in tax refund from for AYs - 2014-15, 2015-16, 2016-17 and 2017-18.




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Don't Need Budget 2.0, Post-Covid Reforms Can Be Through Stimulus: CEA K Subramanian

Chief Economic Adviser K Subramanian said policy making in India happens throughout the year, coming up with a separate budget may only be a legal way to go about it.




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Govt Should Allow Micro-finance Institutions to Resume Operations in Green Zones: Official

MFIs have been hit hard by the COVID-19 pandemic, with many finding it difficult to meet the operating costs and pay salaries during the ongoing lockdown.




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ILO Estimates 305 Million Full-time Jobs Could be Lost Due to Coronavirus Pandemic

The ILO also projects that 1.6 billion workers in the 'informal economy,' stand in immediate danger of having their livelihoods destroyed.




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Government Looking into Possibility of Building Smart Cities along Delhi-Mumbai Expressway: Nitin Gadkari

The Rs 1 lakh crore flagship Delhi-Mumbai Expressway project is scheduled to be completed within three years and and expected to cut down the travel time between Delhi and Mumbai to just 12 hours.




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SoftBank-backed Oyo to Offload More Loss-making Hotels Amid Pandemic: Report

The hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-halt.




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Coronavirus Crisis: With Rock-bottom Prices, Will The Oil Industry Recover?

The Energy Information Administration expects jet fuel use to fall 34% in the second quarter. In addition, the agency expects gasoline use to drop by 25% from April to June.




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Asian Stocks Set to Track US Gains as Virus Treatment Hopes Lift Confidence

A top US health official said Gilead Sciences Inc's antiviral drug remdesivir is likely to become the standard of care for Covid-19 after early results from a clinical trial showed it helped certain patients recover more quickly.




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Nifty, Sensex Soar on Covid-19 Drug Hopes, Set for Best Month Since 2009

The NSE Nifty 50 index advanced 3.11 per cent to 9,850.3 by 0455 GMT, while the benchmark S&P BSE Sensex was up 3.1 per cent at 33,734.26. Both indexes were on course for their fourth straight session of gains in a holiday shortened week.




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Glenmark to Conduct Trials for Potential Covid-19 Drug, Shares Jump

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialised favipiravir antiviral tablets, and had applied to Indian drug authorities to start trials.




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Tamil Nadu Sets Up Crack Team to Net Companies Fleeing China, Other Covid-Hit Nations

A committee headed by the state’s chief secretary that also includes representatives from South Korea and Japan will submit a report within one month.




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Sensex Soars 997 Points Led by Gains in Energy, IT and Banking Stocks; Nifty Tops 9,850 Mark

After surging 1,167 points during the day, the 30-share index settled 997.46 points or 3.05 per cent higher at 33,717.62. It hit an intra-day high of 33,887.25.




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Mukesh Ambani to Forego Salary, RIL Board Members to Take Pay Cut amid Coronavirus Pandemic

In a letter to employees dated April 29, Reliance Industries' executive director Hital R. Meswani stated that Ambani will forego his entire compensation.




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Infra Funding Requirement Pegged at Rs 111 Lakh Crore During 2020-25: Finance Ministry

The final report of the task force on NIP for 2019-2025 suggested steps like deepening bond markets, setting up of development financial institutions and land monetisation to meet the funding needs,




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Hotel Industry Mulls Pay Cuts, Reducing Manpower to Tide over Lockdown Woes

Industry representatives said while some hotels have chosen not to entertain new guests, some have stepped up hygiene and sanitisation measures.




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Nitin Gadkari Launches Portal for Innovative MSME Ideas

The 'MSME Bank of Ideas, Innovation and Research' portal was launched via video-conference. Registered users on the portal can share ideas, innovation and research, which will be reviewed by the officer concerned.




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Glenmark Pharma Shares Trim Most of Early Gains, Close Over 2 % Higher

The company said it is the first firm in India to receive such an approval from the Drug Controller General of India (DCGI).




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Investor Wealth Jumps Rs 7.68 Lakh Crore in Four Days of Market Rally

Rising for the fourth straight session, the 30-share BSE Sensex settled 997.46 points, or 3.05 per cent, higher at 33,717.62.




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Infrastructure Development Critical for Achieving $5 Trillion Economy by 2025: Report

The report further said that the supply additions through infrastructure development boost short-term as well as the potential rate of GDP growth.




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Lockdown Impact: India's March Infrastructure Output Contracts 6.5% Compared to Last Year

The infrastructure output growth for February was upwardly revised to 7.1% from an earlier estimate of 5.5%, the data showed.




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NIP Task Force Calls for Boosting Private Investment in Highways at Rs 20.33 Lakh Crore by 2025

The ministry constructed 10,855 km of national highways against the targeted 16,420 km in fiscal 2019, with an average daily construction rate of about 30 km.




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Allow E-commerce Entities to Operate Without Passes in Green Zones: IAMAI

The Internet and Mobile Association of India (IAMAI) has submitted a blueprint suggesting a road map for opening up e-commerce based on the current containment model of zoning.




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RIL Q4 Results: Reliance Announces India's Biggest Rights Issue of Rs 53,125 Crore, Jio Profit Zooms 177%

Revenue from operations for the March quarter stood at Rs 136,000 crore, against Rs 152,939 crore in December quarter and Rs 138,659 crore in the year-ago period.




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Rupee Zooms 57 Paise to End at 75.09 against US Dollar

The greenback weakening overseas and optimism over a COVID-19 drug trial in the US further supported the local unit, forex traders said.




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Reckitt Benckiser's Sales Hit Record On Coronavirus Disinfectant Boom

Reckitt Benckiser recorded a 13.3% rise in first quarter like-for-like sales, that was its best performance since the company was formed in 1999.




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Reliance to Hive off $75 Billion O2C Business into Separate Unit for Sale to Aramco

O2C undertaking of the company comprises entire oil-to-chemicals business of the company consisting of refining, petrochemicals, fuel retail and aviation fuel (majority interest only) and bulk wholesale marketing businesses together with its assets and liabilities.




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After Facebook, Reliance Jio Platforms in Talks with Other Global Investors for Similar Stake Sale

Without revealing the identity of the companies, RIL in its fourth-quarter earnings statement said the investment would be announced in the coming months.




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March GST Collection Sinks to Rs 28,309 Crore, Down From Rs 1.13 Lakh Crore Last Year

Government officials said that collection numbers present a worrying trend, given that normal business activities were underway till March 24 when a nationwide lockdown was announced.




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EPFO Allows Firms to File PF Returns Without Simultaneous Payment of Dues

The PF returns have details about employees' and employers' contributions towards the social security scheme run by the Employees' Provident Fund Organisation (EPFO).




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Oil Prices Jump after US Stockpiles Grow Less than Feared, Output Cuts Kick in

Brent crude for July delivery, which started trading on Friday as the new front-month contract, was up $1.10, or 4.2%, at $27.58 a barrel by 0013 GMT.




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Financial Markets to Remain Shut for Maharashtra Day

All major financial markets in India will remain closed on Friday on account of Maharashtra Day.




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Amazon Sees Possible Second-quarter Loss as it Forecasts $4 Billion in Covid-19-Related Costs

The coronavirus has infected workers at dozens of locations, igniting small protests and prompting labour organisers to demand site closures