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Relationships: Top 5 reasons that lead to divorce

Social networking is a major cause
Sites like Facebook are cited as a reason for a third of broken marriages last year and is increasingly being used as a source of evidence in divorce cases.

A law firm said that 33% of the 5,000 behaviour based divorce petitions filed with the firm in the past year mentioned the site.

“People contact ex-partners and the messages start as innocent, but lead to trouble

“If someone wants to have an affair or flirt with the opposite sex then it’s the easiest place to do it,” said the law firm's managing director.

The most common reasons for Facebook causing problems in relationships were a spouse finding flirty messages, photos of their partner at a party they did not know about or with someone they should not have been with.

More seniors are boarding the train to 'Splitsville'
Now, the current society witnessing a surge in divorce rates of among those beyond the age of 60, as, on reaching retirement many realise that they can no longer stand their husband or wife.

One reason behind the boom in “silver separation” is that some pensioners discover they have nothing in common with each other once their children fly the nest.

“They are not “old”! They can do many or most of the things that they could do in their earlier years, going on great holidays in the Himalayas, trekking through Borneo, visiting far-flung wild destinations or suddenly taking up sports that they never had a chance to try when they were younger.

“The baby boomers are redefining life at older ages. That includes re-evaluating their relationships and deciding to start again,” says the director general of a senior citizen's group.

Most couples split over frivolous reasons. Here's an example
Recently a Taiwanese couple were married only for one hour, until the husband dithered over his wife’s request for a new car.

The woman had brought him to a car dealer soon after registering their marriage, as she wanted her husband to buy an imported car for her.

But when he said he would consider it, she immediately snapped.

“Divorce me if you do not want to buy!” she was quoted as saying.

They then went back to the registration department to file for a divorce.

Divorce even if amicable ‘can affect kids’
A divorce can never be good for children no matter how amicable it is, a study has revealed.

Researchers from an American university analysed almost 1,000 families and found that children suffer when their parents’ marriage ends – no matter how amicable the split is.

The research team began by comparing the welfare of children whose parents had divorced with those whose marriages were strong. Those from broken homes scored more poorly.

They then compared children from 944 families from around the US, which had been through a divorce or, the end of a long-term relationship. The families were divided into three groups.

Co-operative parents shared childcare, still got on well with each other and rarely fought – fitting the criteria of a ‘good divorce’.

Parallel parents shared childcare but rarely spoke to each other. The third group was described as single parent families because the absent parent had little or no contact with their child.

The parents were interviewed while the children were teenagers and the children interviewed when they became adults.

All three groups gave similar answers, debunking the idea of it being possible to have a good divorce.

How was your day at work, honey?
Couples who compete with each other over who has had the worse day or bombard the family with their workplace problems may be on the road to divorce, experts have warned.

According to researchers, with both husbands and wives working outside the home, coping with daily office stress can take its toll on the marriage unless the couple is willing to support each other.

“When stress enters any relationship, it has the potential to either bind people together or break them apart.

“Findings strongly confirm this with respect to job tension. What also became obvious was the critical role of communication and trust among spouses; without them, you have a foundation best described as crumbling, even in the best of circumstances,” says a researcher.





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Relationships: Researchers uncover top 6 facts about sexual selfies

Courting lovers by sending flowers is a thing of the past, for teens and adults nowadays. They have found a rather 'sexy' way to lure the object of their affection -- 'sexting' i.e. sending nude or semi-nude selfies of oneself to a boyfriend, girlfriend, crush or casual acquaintance from smartphones. This is also termed by some researchers as a 'sexual selfie'.

We look at factors that have led to this fast-emerging trend...


Representational picture

'Sext messages' and 'sexual selfies' popular with most adults
A recent survey revealed that, almost half of all adults - or 47 per cent - send sexy text messages or selfies to their partners. And one in nine people ‘sexts’ their partner every day, a new survey has found.

But the poll of 2,000 adults conducted by mobile phone experts found that one in 10 have mistakenly texted an inappropriate message to a friend or family member.

The poll also found almost one in five phone users are risking their relationship by secretly sexting people other than their partner.

Girls as young as 14 send sexy texts and selfies!
A new study has shed light on how an increasing number of girls in their early teens are resorting to sexting and sending explicit selfies to their boyfriends.

The study of 14 to 15-year-old girls revealed that four out of 10 did not find anything wrong in taking a topless selfie.

And one in six underage girls did not see anything inappropriate about posing fully nude for others.

Celeb nude photo scandals a major reason
Embarrassing and cautionary tales of celebrities caught in sexting and nude photo scandals are not dissuading the general public from such irrational behaviour, a new report has revealed.

According to the report, 43 percent of respondents to an Internet survey of 1,500 women between the ages of 18-40 admitted to sexting, which is the sending of sexually explicit text or email messages.

Given that so many stars like Scarlett Johansson, Jennifer Lawrence, Blake Lively, Vanessa Hudgens, Miley Cyrus, Lily Allen, Khloe Kardashian and many others have been involved in sexting scandals in recent times, have those stars made it seem okay to be sending nude photos and sexually explicit messages?

'Sexting' termed worst technology jargon!
The term ‘sexting’ has been chosen as the most irritating phrase to enter lexicons in recent years. However, selfie as a term has been appreciated and even included in day-to-day conversation.

A UK tech magazine, which conducted the poll, a few years ago, awarded ‘sexting’ its ‘Unspeakable Award’ for the worst new piece of technology jargon.

Sexting teens are not offenders
According to experts, to consider labeling a teen a sex offender because of a sexting incident -- a label that will stick for life -- defies common sense.

A Canadian researcher presented a paper on children's sexuality, defending the practice as a modern variation on "playing doctor or spin-the-bottle."

The expert argued that such online activities are safer than traditional sexual games because there is no immediate physical contact and thus are less likely to lead to pregnancy or sexually transmitted diseases.

It's not the same as face-to-face sexual relationships
The way people get involved in and develop sexual relationships with others has changed dramatically over the last 20 years due to the increased availability of devices such as computers, video cams and cell phones.

But at the end of the day there is no substitute for physical, face-to-face contact in our sexual relationships, according to a new study.





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COVID-19: Containment ops to stop 28 days from last case, says government

Containment operations will be scaled down if no secondary positive case of COVID-19 is reported from a quarantine zone for at least four weeks after the last confirmed test has been isolated and all his contacts have been followed up for 28 days, the Union Health Ministry said. According to the ministry's 'Updated containment plan for large outbreaks COVID-19', a containment operation (large outbreak or cluster) is deemed to be over 28 days from the date the last case in that zone tests negative.

The closing of the surveillance for the clusters could be independent of one another provided there is no geographic continuity between clusters. However, the surveillance will continue for severe acute respiratory infection (SARI) and influenza-like illness (ILI). States shall ensure that all required steps are taken to contain clusters within the large outbreak and chain of transmission is broken, it said.

The document stated that in India also, clusters and large outbreaks have been noted in parts of the country and unless they are contained in time, the risk of further spread remains very high. Large number of cases has been reported from Maharashtra, Delhi, Tamil Nadu, Madhya Pradesh and Rajasthan.

The Centre has declared 170 hotspots — 123 hotspot districts with large outbreaks and 47 hotspot districts with clusters. Besides, it has identified 207 non-hotspot districts with clusters. In a bid to utilise the extended lockdown period to the maximum extent to contain the spread of Coronavirus, states have been asked by the ministry to classify districts witnessing higher number of cases or high growth rate as hotspots, districts where some cases have been found as non-hotspots, and those which have reported no cases as green zones.

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Govt make a U-turn, stops sale of non-essential items through e-commerce platforms

The government on Sunday prohibited the sale of non-essential items through e-commerce platforms during the ongoing lockdown, four days after allowing such companies to sale mobile phones, refrigerators and ready-made garments. Union Home Secretary Ajay Bhalla issued an order excluding the non-essential items from sale by the e-commerce companies from the consolidated revised guidelines, which listed the exemption given to the services and people from the purview of the lockdown.

The order said the following clause -- "E-commerce companies. Vehicles used by e-commerce operators will be allowed to ply with necessary permissions" -- is excluded from the guidelines.

The previous order had said such items were allowed for sale through e-commerce platforms from April 20. However, the reason for reversing the order is not known immediately.

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'Congress never showed any inclination to stop corruption'

Hitting out at the Congress party, Finance Minister Nirmala Sitharaman has said that wilful defaulters were beneficiaries of 'phone banking' under the UPA regime and the Modi government is chasing them to recover the dues. She was responding to the opposition's allegations of loan waivers worth Rs 68,607 crore in the form of write-offs of top 50 wilful defaulters during the first half of the financial year ended March 2020. The Finance Minister, through a series of tweets posted late night on Tuesday, said that the Congress has attempted to mislead people, and former Congress President Rahul Gandhi should introspect why his party fails to play a constructive role in cleaning up the system. "Shri @RahulGandhi MP (LS) and Shri @rssurjewala spokesperson of @INCIndia have attempted to mislead people in a brazen manner.

Typical to @INCIndia, they resort to sensationalising facts by taking them out of context. In the following tweets wish to respond to the issues raised. "@INCIndia and Shri.@RahulGandhi should introspect why they fail to play a constructive role in cleaning up the system. Neither while in power, nor while in the opposition has the @INCIndia shown any commitment or inclination to stop corruption & cronyism," she said. Highlighting that between 2009-10 and 2013-14, scheduled commercial banks had written off Rs 1,45,226 crore, she quipped, 'Wished Gandhi consulted former Prime Minister Manmohan Singh on what this writing-off was about'. She also referred to media reports quoting former Reserve Bank of India (RBI) governor Raghuram Rajan as having said that a large number of bad loans originated in the period 2006-2008 and "too many loans were made to well-connected promoters who have a history of defaulting on their loans".

"Those defaulters who do not repay despite having capacity to pay, divert or siphon-off funds, or dispose of secured assets without bank's permission are categorised as wilful defaulters. They are those well connected promoters who benefitted from UPA's `phone banking'," she added. In another tweet she said, "Earlier, on 18.11.2019, in the Lok Sabha for an unstarred Question no:52, a list of 'Borrowers flagged as wilful defaulter by Public Sector Banks under CRILIC (Central Repository of Information on Large Credits) reporting as on 30.09.2019 (For borrowers with exposure of Rs. 5 crore and above, Global operations) was provided."

Bank-wise details of aggregate funded amount outstanding and amount technically/prudentially written off pertaining to top 50 wilful defaulters was provided as an annex to the answer to Lok Sabha starred question 305 of Gandhi on March 16, 2020. However, Congress leader Rahul Gandhi on Tuesday said he had asked the government in Parliament the names of the top 50 bank loan defaulters, but the Finance Minister did not answer his question. "Now the RBI has given the names of Nirav Modi, Mehul Choksi and many of BJP's ''friends'' in the list of bank frauds. That is why this truth was held back from Parliament," Gandhi said in a tweet in Hindi.

The Congress alleged the government waived loans worth Rs 6.66 lakh crore since 2014 till September 2019. Sitharaman said this is an attempt of Congress leaders to mislead on wilful defaulters, bad loans and write-offs. She emphasised that it is the Narendra Modi-led government which is pursuing cases against these wilful defaulters and 9,967 recovery suits, 3,515 FIRs, invoking of Fugitive Amendment Act in cases are on now. The total value of attachment and seizures in the cases of Nirav Modi, Mehul Choksi and Vijay Mallya is about Rs 18,332.7 crore, she said. Sharing details, she tweeted: "Vijay Mallya Case: Total value at the time of attachment was Rs 8,040 crore and of seizure was Rs 1,693 crore. Value of shares at the time of seizure was Rs 1,693 crore. Declared fugitive offender. On extradition request by GoI, UK High Court, has also ruled for extradition."

In case of Mehul Choksi she said, "attachments of Rs 1,936.95 crore including foreign attachment of Rs 67.9 crore. Seizure of Rs 597.75 crore. Red Notice issued. Extradition request sent to Antigua. Hearing for declaration of Mehul Choksi as fugitive offender is in progress." On the Nirav Modi case, the Finance Minister said, "Immovable and movable properties worth more than Rs 2,387 crore attached/seized. (Attachment Rs 1,898 crore and Seizure Rs 489.75 crore). This includes foreign attachments of Rs 961.47 crore. Auction of luxury items for Rs 53.45 crore. He is in prison in the UK."

Provisions are made for non-performing assets (NPAs) as per the four-year provisioning cycle laid down by the RBI, she said, adding, upon full provisioning being done banks write-off the fully provided NPA but continue to pursue recovery against the borrower and no loan is waived off. On Tuesday, Congress chief spokesperson Randeep Surjewala demanded answers from the Prime Minister on why their loans were waived. "This is a classic case of promoting ''dupe, deceive and depart'' policy of the Modi government, which can no longer be accepted and the prime minister has to answer," Surjewala said. He said the entire country is fighting the coronavirus and the government has no money to pay.

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ates, but has the money to condone and write off Rs 68,607 crore of bank loan defaulters.




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With net worth of USD 44 billion, Mukesh Ambani top Indian in Forbes world billionaires' list

Reliance Industries' Chairman Mukesh Ambani has been ranked 17th in the latest world billionaires list by Forbes with a net worth of $44.3 billion – once again leading the tally from India's perspective.

Mukesh Ambani chairs and runs $88 billion (revenue) oil and gas giant Reliance Industries, among India's most valuable companies. Reliance Jio has signed on more than 340 million customers by offering free domestic voice calls, dirt-cheap data services, and virtually free smartphones, said the report.

The next Indian on the 34th annual list -- veteran Mumbai investor Radhakishan Damani who is touted as India's retail king after the March 2017 IPO of his supermarket chain DMart – is at a distant 65th position with a net worth of $16.6 billion.

Damani got into retailing in 2002 with one store in suburban Mumbai and has been unstoppable since. His property portfolio includes the 156-room Radisson Blu Resort in Alibag and a popular beach-front getaway close to Mumbai, according to the report.

At 114th position, HCL Technologies Founder Shiv Nadar is worth $12.4 billion. One of India's leading philanthropists, Nadar has donated $662 million to his Shiv Nadar Foundation.

While Hinduja brothers are at 116th position with $12.2 billion net worth. Srichand and Gopichand live in London and Prakash resides in Monaco while the youngest sibling Ashok oversees their Indian interests from Mumbai. At 138th position, Uday Kotak is worth $10.7 billion. His Kotak Mahindra Bank is now among India's top four banks in the private sector, boosted by its 2014 acquisition of ING Bank's Indian operations.

In January this year, the bank reached an agreement with the Reserve Bank of India over the issue of reducing Kotak's stake in the bank to 26 per cent. Telecom tycoon Sunil Mittal is at 154th position with $9.5 billion net worth. Bharti Airtel today is among India's largest mobile phone operators with more than 418 million customers.

Others in the latest list are Cyrus Poonawalla who is founder of Serum Institute of India (at 161th position with $9.2 billion net worth), Gautam Adani at 162th position with $9.2 billion net worth and steel tycoon Lakshmi Mittal with $8.9 billion net worth at 170th spot, among others.

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Ben Affleck won't let face masks stop him from smoking

It seems like American actor Ben Affleck has become a real smoke show. According to Page Six, the 'The Way Back' star took yet another stroll with girlfriend Ana de Armas in Los Angeles on Thursday (local time) but didn't let his face mask get in the way of stopping for a cigarette break. Photos show the 47-year-old actor keeping the mask over his nose as he puffs away, seemingly defeating the purpose of the mask.

The couple, who met on the set of their forthcoming movie, 'Deep Water,' were seen last week taking de Armas' dog for a walk.

During that walk, they opted to go mask-free but the 31-year-old actress did show off her 2,600 USD Gucci tracksuit.

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Elizabeth Hurley shares picture in bikini top, denim shorts during quarantine: 'Spring has sprung'

It seems like English actor and businesswoman Elizabeth Hurley is taking some time to soak up the nice weather amid self-isolation. The 54-year-old British model took to Instagram on Friday to share a photo of herself. She was seen rocking a hot pink bikini top featuring gold chain detailing from her swimsuit line paired with denim shorts while she stood outside, raising her arms in the air.

 
 
 
View this post on Instagram

Spring has sprung #stayhome 😘

A post shared by Elizabeth Hurley (@elizabethhurley1) onApr 24, 2020 at 12:11pm PDT

Hurley captioned the picture as, "Spring has sprung #stayhome," reminding her social media followers to continue to social distance amid the COVID-19 pandemic.

She has been quarantined in her Herefordshire country home alongside eight other family members, including her 18-year-old son Damian and widowed mother Angela.

Earlier this month, the star opened up about what it was like living with her relatives, comparing it to a '70s series 'The Waltons". It followed a family in rural Virginia during the Great Depression.

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Chris Hemsworth likes non-stop action

Hollywood star Chris Hemsworth says he likes to shoot non-stop action sequences so that he can keep up with the momentum. Recently, Hemsworth was seen doing some jaw-dropping action sequences in his digital film "Extraction". The film traces the journey of Tyler Rake (Hemsworth), a fearless black market mercenary, who is on a mission to rescue the kidnapped son of an imprisoned international crime lord. The film was shot in various different locations with the film's climactic sequence culminating in an epic gun battle over a bridge.

Talking about the action packed climax, Hemsworth said: "The action was non-stop but I like it that way. Sometimes on a film when you have long waiting times, you lose momentum, especially with something so physical.

"But using an actual bridge meant we could immerse ourselves in the action and the emotion. I've worked a lot with blue and green screens and your imagination has to do a lot of work to create the world. The bridge did a lot of that work for us," he added.

After scouting multiple bridges in India and Thailand for the final action sequence, the makers decided to shoot the climax at the Lat Bua Khao Bridge in Thailand's Ratchaburi. Once the bridge was secured, the art department began creating the blockade which is shown during the final escape sequence. The blockade consisted of a whole of 132 vehicles that were piled up on the bridge -- which included 14 pickups and SUVs, 40 sedans (including police cars), 19 light trucks and vans, 12 full-sized trucks (including an armoured military vehicle), 5 buses, 22 motorbikes, 18 tuk-tuks and 7 bicycle rickshaws.

Directed by Sam Hargrave, the film's screenplay is done by Joe Russo. The action thriller, which released on Netflix on April 24, also stars Indian actors Randeep Hooda, Pankaj Tripathi, Priyanshu Painyulli, and Rudraksh Jaiswal.

The film is produced by Russo Brothers (Joe and Anthony Russo), Mike Larocca, Hemsworth, Eric Gitter, and Peter Schwerin, and is on its way to becoming Netflix's most watched feature film ever.

Meanwhile, "Avengers: Endgame" co-director Joe Russo has confirmed that he will be working on a sequel to "Extraction". Hemsworth and Hargrave are expected to return in the new action adventure.

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German footballer Serge Gnabry dating top Swiss model Sandra Jerze

Former Arsenal star Serge Gnabry is not just succeeding professionally at his new club Bayern Munich, but also on the personal front. Serge, 24, has been in top form, having scored a brace against Chelsea recently, making it six Champions League goals this season.

Now, off the field, it is learnt that he is dating top Swiss model Sandra Jerze, 23. According to German newspaper Bild, the couple has been dating for three weeks now and spent the Easter weekend together in Munich. Model Sandra has also done a few acting stints besides featuring in German artist Pietro Lombardi’s music video, Phenomenal.

Initially, it was rumoured that Sandra was dating Pietro before latest reports confirmed she’s in a relationship with Serge.

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Playboy model Laura: I'm sure Jesse Lingard will like my topless photos

England football star Jesse Lingard's model friend Laura Bragato is hoping the Manchester United player likes her latest pictures from a shoot for Playboy magazine.

Italian Laura, who shot topless for the magazine's Croatian edition before the global lockdown, told British newspaper Daily Star: "I haven't shown him [Jesse] the pictures yet but for sure he will appreciate them like all my friends."


Jesse Lingard

Laura met Jesse during the 2018 FIFA World Cup in Russia and the pair have since kept in touch via text messaging. "I spoke to Jesse recently, and he is staying home like the rest of us. He is safe," Laura added.

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Simona Halep: It's unbelievable how world stopped due to COVID-19!

Wimbledon champion Simona Halep, 28, is pretty shocked to see a global lockdown due to the Coronavirus pandemic. "Not even in my worst nightmares could I think that the globe can stop in such a way. For me, it's a shock because I'm pretty young and haven't gone through too many tough times. This is something that belongs to a fantastic realm. They have stopped travelling, flight in order to avoid affecting our health and well-being. Maybe it's the best interdiction," Simona, 28, told Romanian TV show Garantat 100%.

The former World No. 1, who is currently in isolation at her Bucharest home, is taking "maximum care" to avoid contracting the virus, fearing it could affect her lungs.

"In the beginning, I had this fear but then analysed the situation and figured out that if you protect yourself, everything will be OK but I'm afraid for those with health issues. I fear this virus because even if we are healthy and have good immunity–we may resist it–but it [the virus] will leave us with a serious lung affection. That's why I have decided to take maximum care of myself. That's why I have decided to take maximum care of myself," added Simona.

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Tennis babe Elina Svitolina has this on the top of her list during lockdown

Ukrainian tennis champion Elina Svitolina is keen to try new things during this Coronavirus-caused lockdown and hosting a TV show is on top of her list, according to tennisworldusa.org.

"I recently tried a completely new sphere. I have very long prepared for interviews and understand that it is not an easy job, especially for those people who are not in this area. I really liked it. Maybe in the future I want to do some TV show. It is interesting to me, and I think that now there is time to try something new," said the World No. 5 tennis ace.

Elina, 25, who is currently in lockdown with her Frennis tennis star boyfriend, Gael Monfils, 33, is also completingher online education. "I had to work hard to pull up on my French. I already know some of it, as I had learnt it before but now I'm doing an intensive mode. I am left with two tests: training on nutrition and I also want to take a course in psychology or fitness. This is what I want to do," added the 2018 WTA Finals champion.

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Top 7 travel destinations you must explore during 2018's long weekends

This year, (fortunately or unfortunately) has shaped out to be a traveller's paradise, with over 16 long weekends coming up. There are a number of destinations, both domestic and international, that have gained popularity in the recent past as popular travel spots among tourists. Here are top 7 places you could visit in India and abroad, as per ixigo, a travel marketplace:

1. McLeod Ganj (Himachal Pradesh)
McLeod Ganj is a paramount center of Tibetan Buddhism and culture. Precisely known as Little Lhasa, the town is home to a number of monasteries, essential temples, and other ancient structures. This beautiful hill station has it all, from treks to strolls, delicious cuisines to amazing beverages, adventures to spiritual places and much more. If you are an adventure junkie, experience trekking and camping on the Triund trail.


Coorg. Pic courtesy/YouTube

2. Coorg (Karnataka)
One of the best times to experience the raw natural beauty of Coorg is during March. This month sees the blooming of tea and spice plantations which fills the valleys with fragrances, refreshing your senses to the core. Must visit places in Coorg include Abbey Falls, Nagarhole National Park, Namdroling Monastery, Burude Falls, Honnamana Kere Lake, among others.

3. Sundarbans (West Bengal)
In the pre-winter month of November, the gates of Sundarbans National Park open. This month makes traveling to the dense mangrove forests easier to navigate through the meandering rivers to spot the Royal Bengal Tigers, as they are out sunbathing by the river. With enjoyable temperatures, dense foliage, and a wondrous wildlife, Sundarbans is easily one of the best places to visit in November. Beware of crocodiles and wild boar.

4. Mount Abu (Rajasthan)
The only hill station of Rajasthan, Mount Abu is the perfect escape from the scorching heat of June. Sitting amidst green forests, it lies in the Aravalli mountain range, around 1,220 meters above sea level. Get most of your vacation here and visit places like Nakki Lake, the famous Sunset Point, Achaleshwar Mahadev Temple, Trevor¿s Tank and Toad Rock.

5. Istanbul (Turkey)
November in Istanbul is a few degrees warmer than the neighbouring countries of Europe and also provides a vigorous push of the exotic to ward off the winter blues. Quite literally the meeting ground of the East and the West, Istanbul is lined with frescoed palaces, churches, museums and art galleries. Indulge in a reviving Turkish bath, see the city from high above on a hot balloon or fill up on Baklava with Turkish tea.

6. Sri Lanka
Sri Lanka is stunningly picturesque, affordable and full of simple, smiling people. One of the most beautiful island nations of the world, its geography boasts of blissful beaches, rolling rainforests, and magnificent mountains while its culture and creative cuisine guarantee a trip most memorable.

7. Egypt
After the fierce heat of the summer months, September is pleasantly perfect to explore the ancient wonders and the endlessly spellbinding landscapes of Egypt. With peering pyramids, deserts, soaring minarets and temple ruins, this `Gift of the Nile¿ deserves a place in everyone¿s travel bucket list.





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Staycations, solo travel: Top 6 travel trends for long weekends




To loosen up and de-stress, millennials have understood that travelling is the best therapy. Utilising long weekends, Indians are exploring more offbeat locations rather than going to another city with the same hustle bustle, say experts. Dhruv Raj Gupta, Founder and CEO, TripShelf and Dhruv Sharma, CEO and Founder of GuestHouser, have listed few travel trends this year:

1. Staycation is in: Staycation or staying in the same city has undergone a very interesting paradigm shift due to over-tourism. Travellers are increasingly seeking out relaxed, luxury stays at holiday homes around them in the same city.

2. Choosing home stays over hotels: A growing population of well-travelled urban millennials has grown tired of conventional tourism; which focuses on the simple historical sightseeing and standardized hotel rooms. This population is looking for something more personal and unique wherein they can take a dip in an unfamiliar culture, and experience it by living with a native family. They also look forward to eating authentic food of the place they're visiting and home stays thus prove to be a good option.

3. Exotic or offbeat destinations: Stress busting and exploring unexplored places are the two top reasons for travel on long weekends amongst millennials instead of catching up with friends, research or writing. From quaint solo getaways to off-season mountain escapes and immersive adventures, urban millennials are not nervous about trying unexplored places. They prefer short backpacking trips with just 2-3 nights to stay, and don't mind taking overnight buses or road trips to destinations within a distance of 400 km from Delhi.

4. Last minute travel: With the upswing of various online portals and last-minute attractive deals, spontaneous trips are trending among millennials and they don't hesitate in making plans on the go. Bookings are made less than 24 hours before the trip to various off beat locations.

5. Solo travel on an all-time high: With an all-time high number of people travelling solo, the travel industry has completely transformed to enrich the experience of young solo explorers. These young travellers engage in enriching experiences, learning new skills, immerse themselves in culture while they are out there exploring. The solo excursion helps in a personalized experience that is curated based on individual likes and preferences.

6. Wellness retreat: As people are taking care of their mental health and are paying it equal attention to as their physical health, wellness trips are taking a huge hike. The goal is to be more mentally sound and relaxed before returning to the routine life. Activities like yoga, meditation, hiking, surfing, long treks or even running are the focus of such trips to reduce stress. Various places like Rishikesh, Gokarna, Coimbatore and Mysore have amazing wellness retreats.





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Taj Mahal, Mumbai Sea Link among top 10 travellers' choices


Bandra Worli Sea Link

The eternal monument to love, the Taj Mahal in Agra and the Rajiv Gandhi Bandra Worli Sea Link in Mumbai figure among the Top 10 TripAdvisor's Travellers' Choice awards of 2018 for most visited and popular tourist landmarks, it was announced here on Tuesday.

The other top Indian monuments in the list of awards include: Amber Fort in Jaipur, Golden Temple of Amritsar, the Qutub Minar, Humayun's Tomb, Swaminarayan Akshardham Temple, and Gurudwara Bangla Sahib in New Delhi, Agra Fort, and Mehrangarh Fort in Jodhpur.

The award winners were decided using an algorithm that took into account the quantity and quality of reviews and ratings for landmarks worldwide over a 12-month period.

This year's TripAdvisor awards recognize 759 monuments spread in 68 countries globally, said the company's Country Manager Nikhil Ganju.

"India's landmarks as as diverse at its heritage and are among some of the most iconic structures in the world. The list presents fantastic gems ranging from poignant memorials to sheer architectural marvels that are great options for travelers," he added.

Mumbai's sole entry to the list, the RGBWSL is one of its most prominent modern landmarks and an infrastructure marvel of a cable-stayed bridge cutting through the Arabian Sea to connect Bandra with Worli.

The top 10 Travellers Choice Landmarks of Asia include: Angkor Wat in Cambodia, Taj Mahal and the Golden Temple in India, Wat Pho or Temple of Reclining Buddha in Thailand, Mutianyu Great Wall of China, Fushimi Inari-taisha Shrine of Japan, Shwedagon Pagoda in Myanmar, Petronas Twin Towers in Malaysia, and the Cu Chi Tunnels in Vietnam.

Similarly, the Top 10 landmarks worldwide are: Angkor Wat, Plaza de Espana in Spain, Sheikh Zayed Grand Mosque Centre in UAE, St. Peters Basilica of The Vatican, Mesquita Cathedral de Cordoba in Spain, Taj Mahal, Duomo di Milano in Italy, Alcatraz Island and Golden Gate Bridge both in US, and the Parliament of Hungary.

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Top tips to get the Meghan Markle look

Meghan Markle

With the spectacular royal wedding drawing millions of viewers from around the world this weekend, it comes as no surprise to see that the bride and now Duchess of Sussex, Meghan Markle is on everybody’s mind right now. In the buildup to the wedding, much debate arose as to how the former suits star would wear her hair, and Saturday’s showing certainly didn’t disappoint.

Celebrity hairstylist to the stars Asgar Saboo provides his step by step How To Guide on how to recreate the hair Meghan Markle so beautifully pulled off, so we can all feel like royalty. And the best part? It takes no time at all, so why not incorporate it into your daily routine from time to time…

Step 1:
The secret to this look is to prep the hair to create the ultimate base with ultra gloss and shine. Commence by creating a centre parting in your hair using the end of a comb, ensuring the divide is strong and pulled back to the crown of the head. Blow dry your locks to get that glossy foundation which will hold and radiate all day long.

Step 2:
Add loose waves all over your hair with curling tongs, or rollers depending on your preference. Loosely wind the hair around the tongs to avoid any curls which are too tight or precise.

Step 3:
You then need to gather the hair into a low ponytail at the nape of your head. Secure it into place with bobby pins and make sure the ponytail is fixed and finished off with a frosting of hairspray.

Step 4:
Loosely twist locks of your hair around the tail to build this low bun, creating a voluminous 'undone' effect.

Also Read: Here's What Transpired At Prince Harry And Meghan Markle's Royal Wedding

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Facebook wants users to give nude photos to stop revenge porn

Representational Image

It may sound audacious to some but Facebook thinks that sharing with a trained employee of the company the intimate images that you fear might go viral in the social networking platforms can help it stop their spread, thereby protecting your privacy.

The social networking giant on Tuesday said it was testing a reporting tool so that people who worry that someone might want to harm them by sharing an intimate image can proactively upload it, which will eventually help Facebook to block anyone else from sharing it on Facebook, Instagram, or Messenger.

Facebook said it entered into partnership with safety organisations on a way for people to securely submit photos they fear will be shared without their consent -- images that are also referred to as "revenge porn" or "non-consensual pornography".

"This pilot programme, starting in Australia, Canada, the UK and US, expands on existing tools for people to report this content to us if it's already been shared," Antigone Davis, Facebook's Global Head of Safety, wrote in a Facebook post.

From anxiety and depression to the loss of a personal relationship or a job, the result of having most intimate moments shared without permission can be devastating for a person.

And while these images harm people of all genders, ages and sexual-orientations, women are nearly twice as likely as men to be targeted, Davis said.

"This week, Facebook is testing a proactive reporting tool in partnership with an international working group of safety organisations, survivors and victim advocates, including the Australian Office of the eSafety Commissioner, the Cyber Civil Rights Initiative and The National Network to End Domestic Violence in the US, the UK Revenge Porn Helpline and YWCA Canada," Davis added.

As part of this initiative, anyone who fears an intimate image of them will be shared can contact one of Facebook's partners to submit a form.

After submitting the form, the victim receives an email containing a secure, one-time upload link. The victim can use the link to upload images they fear will be shared.

Thereafter, one of a handful of specifically trained members of Facebook's Community Operations Safety Team will review the report and create a unique fingerprint, or hash, that allows the social network to identify future uploads of the images without keeping copies of them on its servers.

Facebook said once it creates these hashes, it will notify the victim via email and delete the images from its servers within seven days.

"We store the hashes so any time someone tries to upload an image with the same fingerprint, we can block it from appearing on Facebook, Instagram or Messenger," Davis added.

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Tax-News.com: Denmark Tops Tax Burden League Table

Denmark was found to have the heaviest burden of taxation as a percentage of the economy in a new study by accountancy firm UHY.




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Coronavirus outbreak: Global COVID-19 toll tops 1,60,000

The worldwide death toll from the novel Coronavirus pandemic rose to 160,685 on Sunday, according to a tally from official sources compiled by AFP. More than 2,334,130 declared cases have been registered in 193 countries and territories since the epidemic first emerged in China in December.

Of these cases, at least 518,900 are now considered recovered. The tallies, using data collected by AFP from national authorities and information from the World Health Organisation, probably reflect only a fraction of the actual figures.

Only serious being tested
Many countries are testing only the most serious cases. In the US, now the worst-hit country, the death toll stood at 39,090 with 7,35,287 infections. At least 66,819 patients have recovered. Italy is the next most-affected country with 23,227 deaths and 1,75,925 confirmed infections.

It is followed by Spain with 20,453 fatalities and 1,95,944 infections, France with 19,323 deaths and 1,51,793 infections and Britain with 15,464 deaths and 1,14,217 cases. China — excluding Hong Kong and Macau — has to date declared 4,632 deaths and 82,735 cases.

Europe has listed 1,153,148 cases and 101,493 deaths to date, the US and Canada together have 7,68,670 cases with 40,619 deaths, Asia 1,62,256 cases with 6,951 deaths, the Middle East 1,22,819 cases with 5,559 deaths, Latin America and the Caribbean 98,202 cases with 4,915 deaths, Africa 21,165 cases with 1,058 deaths and Oceania 7,879 cases with 90 deaths.

2,334,130
No. of people infected worldwide

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Viral video: Girls play tennis from rooftop amid lockdown

Two young girls in Italy took the lockdown game to a whole new level by playing tennis from neighbouring buildings.

The girls in Liguarian town of Finale Ligure managed a 12-shot rally in the 24-second video. The video was posted on Facebook last Friday by a local tennis club where the two are members.

Naturally, a few balls during the practice session did not make it across and bounced down into a private road below where the girls' fathers put them in plastic bags their daughters had affixed to the end of fishing poles.

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Coronavirus outbreak: US cases top 900,000, deaths touch 52,000

More than 900,000 people were infected with the novel coronavirus (COVID-19) as of Saturday in the United States, with the death toll exceeding 52,000, while a new study indicated that the virus was likely to be spreading in multiple US cities "far earlier" than Americans knew.

The number of COVID-19 cases in the country reached 905,364 as of 10.30 a.m. (1430 GMT), and a total of 52,042 deaths related to the disease were recorded, according to the Center for Systems Science and Engineering (CSSE) at Johns Hopkins University, Xinhua news agency reported.

New York remains the hardest-hit state, with 271,590 cases and 21,411 deaths. New Jersey follows, with 102,196 cases and 5,683 deaths. Other states with over 40,000 cases include Massachusetts, California and Pennsylvania.

Worldwide, more than 200,000 people died of the disease as of Saturday, among over 2.8 million cases, showed the CSSE data.

The United States suffered the most fatalities. Italy followed with 26,384 deaths. Spain reported 22,902 deaths, France and Britain also reported over 20,000 deaths.

The US states and federal government are trying very hard to balance the public health risk posed by the virus with the severe cost of month-odd shutting down of the country's economy.

The Congressional Budget Office said Friday that the unemployment rate around the country, which was near a 50-year low before the coronavirus struck, will surge to 16 per cent by September as the economy withers under the impact of the outbreak.

More than 26 million Americans have applied for unemployment benefits since March. White House unveiled on April 16 three-phase guidelines for reopening the US economy, putting the onus on governors of making decisions about their states' economies.

Over a dozen states, including Georgia, Oklahoma, Tennessee, Mississippi, Texas, Colorado and Iowa, are moving toward restarting their economies this weekend with some restrictions.

Many other states remain hesitant to take such steps without more robust testing capacity. New York, California, Pennsylvania, Massachusetts and Michigan have already extended their stay-at-home orders.

Several states have announced plans to coordinate their response with neighbours. California is moving forward in coordination with Washington and Oregon while governors from New York, New Jersey, Connecticut, Delaware and Rhode Island announced plans to form a joint task force.

A CBS News poll published Thursday said that 70 per cent of respondents believed the country's top priority should be trying to "slow the spread of coronavirus by keeping people home and social distancing, even if the economy is hurt in the short term."

The virus was likely to be spreading in multiple US cities "far earlier" than Americans knew, according to a new research.

"Even in early February -- while the world focused on China -- the virus was not only likely to be spreading in multiple American cities, but also seeding blooms of infection elsewhere in the United States, the researchers found," said a report by The New York Times on Thursday.

In the five major US cities -- New York City, Boston, San Francisco, Chicago and Seattle, as of March 1, there were only 23 confirmed cases of the coronavirus.

However, according to a model of the spread of the disease by researchers at Northeastern University, "there could have actually been about 28,000 infections in those cities by then," the report said.

The virus spread on the West Coast of the United States weeks earlier than initially believed, according to new information released by Santa Clara county, California on Tuesday.

Patricia Dowd, a 57-year-old San Jose woman, died at home on February 6. Jeffrey V. Smith, Santa Clara county executive, told Xinhua in an email interview that "so far, this is the earliest death in the United States."

Dowd and another 69-year-old man who died at home on Feb. 17 had no "significant travel history," and they presumably caught the virus through community spread, said the county's public health officer Dr. Sara Cody.

"These patients apparently contracted the illness from community spread. This suggests that the virus was circulating in the Bay Area in January at least, probably earlier," Smith told Xinhua. Previously, the first known US death from the virus was on February 29 in Kirkland in Washington state.

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Donald Trump says plan afoot to reopen America as deaths top 60,000

President Donald Trump said on Wednesday the federal government will not be extending its COVID-19 social distancing guidelines once they expire Thursday, and his son-in-law and adviser, Jared Kushner, predicted that by July the country will be "really rocking again."

Trump to fly out next week

Trump said he plans to resume out-of-state travel after spending over a month mostly cooped up in the White House, starting with a trip to Arizona next week. And he said he's hoping to hold mass campaign rallies in the coming months with thousands of supporters, even though medical experts have said there is little hope of having a vaccine by then.

Trump delivered his daily upbeat update on Wednesday, putting a positive face on the latest grim numbers — the death toll in the US on Wednesday crept past 60,000, a figure that he in recent weeks had suggested might be the total death count.

35 states' reopening plan out

"We mourn... every life tragically lost to the invisible enemy. And we are heartened that the worst of the pain and suffering is going to be behind us," Trump said. As many as 35 of the 50 US states affected by the pandemic have unveiled formal reopening plans, as President Donald Trump expressed confidence that "much better days" are ahead for the country that has been hit hard by the "invisible enemy".

So far, the virus has killed 61,670 Americans and infected 1,064,737 others. Globally, the virus has killed 2,29,182 people and infected 3,244,586 others.
Agencies

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Coronavirus Outbreak: Drivers stop to pick up spilled face masks, cause huge traffic jam

With the Coronavirus outbreak wreaking havoc across the globe with millions of people being infected and scores of lives claimed, government have made wearing face masks mandatory for people. The decision has made face masks a prized commodity for people.

Traffic in California came to brief halt after drivers had stopped to pick up face masks that were littered on the road. Although it is not clear how the masks ended up spilled on the highway, CBS reported that a man was spotted throwing boxes of masks on the road from a white truck.

The California Highway Patrol-Hayward posted pictures of the incident on their Facebook page where scores of masks were found lying on the southbound lanes of Interstate 880. “Multiple individuals stopped in lanes and stepped out of their vehicles to pick up masks,” read the post, adding that debris has been cleared and the lanes were opened.

The post also appealed drivers not to step out of their vehicle on an active freeway. Many users commenting on the post criticized the driver who reportedly threw the mask on the road, instead of donating it. One user said, “Just terrible! That person has no respect.” Another user said, “The highway does not have a need for medical masks. Therefore, I would have donated to an entity that did! A user said, “What a waste of something necessary now.”

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Even COVID-19 couldn't stop this bride from visiting her grandmother on her wedding day!

In a touching gesture, a bride ensured her grandmother staying in an assisted home gets to be a part of her wedding by visiting her on her big day amid the Coronavirus scare. Shauna Varner from Minnesota stopped at nothing to involve her grandmother Janis Krueger in her wedding, even if it was from behind the glass door.

Varner and her fiancé Travis Scepaniak had planned a big wedding but had to call it off and smaller ceremony with a small number of guests due to the Coronavirus pandemic. As it was impossible to get Krueger out of the assisted home, Varner came up with an idea to get the administration there involved to help her.

The assisted home shared the heartfelt moment of  Varner making her bridal debut in front of Janice on their Facebook page, with the caption that read, “COVID-19 cannot stop true love.” The post, which concluded with the home conveying their wishes to the couple, also read that love radiated between the grandmother-granddaughter duo as soon as the bride got out of her car.

The post shared last week garnered more than 105680 views on Facebook with over 2,600 likes and was shared 531 times. Users commenting the video praised the bride’s gesture and conveyed their best wishes to the couple.

A user said, “This is so sweet that they would come to visit Grama and make her part of their special day! Congratulations to the happy couple and your families! Your dress is beautiful and the groom looks pretty good too!” Another user said, “How beautiful grandma could still participate ! Love has no boundaries ! Wonderful that the facility help make a dream come true!” One user said, “Wow!!! Goosebumps and tears! How very special!”

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Top UK government scientist behind lockdown move breaks rules, quits

A top UK government scientist, who was behind the country's strategy to impose strict lockdown measures to curb the spread of coronavirus, has resigned after a media report revealed that he broke the rules and allowed a woman he was said to be in a relationship with to visit his home during the lockdown. Professor Neil Ferguson, an epidemiologist whose modelling convinced Prime Minister Boris Johnson to press ahead with a UK-wide lockdown, quit the Scientific Advisory Group for Emergencies (SAGE) after allegations emerged in The Daily Telegraph. He admitted that he had allowed a woman Antonia Staats to visit him at his London home after travelling across the UK capital from her home, which she shares with her husband and children, on at least two occasions.

The movement goes against the very strict stay at home and save lives advice of the government, put in place by British Prime Minister Boris Johnson prompted by the scientific team led by Ferguson. The incidents took place soon after the 51-year-old leading epidemiologist from Imperial College London had completed a two-week spell self-isolating after testing positive for coronavirus. "I accept I made an error of judgement and took the wrong course of action. I have therefore stepped back from my involvement in SAGE, said Ferguson after the report.

"I acted in the belief that I was immune, having tested positive for coronavirus and completely isolated myself for almost two weeks after developing symptoms. I deeply regret any undermining of the clear messages around the continued need for social distancing," he said. The scientist, however, stressed that the government's advice on social distancing remains "unequivocal", adding that it was there "to protect all of us". UK Security Minister James Brokenshire said the senior scientist "made the right decision" and that the government will "continue to be informed" by SAGE.

"We have a range of experts that will continue to support ministers," he said. The first of the visits by Staats, 38, was on March 30, which coincided with a public warning by Prof Ferguson that the UK's one-week-old lockdown measures would have to remain until June. Staats, a left-wing campaigner, made a second visit on April 8 despite telling friends she suspected that her husband, an academic in his 30s, had symptoms of coronavirus, the newspaper report claims. He has peculiarly breached his own guidelines, and for an intelligent man I find that very hard to believe. It risks undermining the government's lockdown message," said Conservative Party MP and former minister Ian Duncan Smith.

Ferguson's resignation comes a month after Scotland's Chief Medical Officer, Dr Catherine Calderwood, had to resign when it was revealed she had broken lockdown rules by making two trips back and forth to a second home. Under the government's guidelines in the UK, people are expected to stay at home and allowed to move out only for one form of daily exercise and essential shopping.

The measures have been in place since March 23 to try and flatten the curve of the rising number of cases of COVID-19, the UK death toll from which reached 29,427 on Tuesday the highest number of virus deaths in Europe. However, figures from the Office for National Statistics (ONS), which includes deaths where the virus is suspected and not just where tests have been carried out, brings the total number even higher to 32,375.

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European Innovation Council - Top innovation leaders envisage a strong role for the European Innovation Council in coronavirus recovery

[Source: Research & Innovation] ‘For Europe to come out stronger after the Corona crisis, we need to already direct our investments towards game-changing innovations that create a sustainable and human centric digital future’, according to the vision statement of the European Innovation Council Advisory Board published today.




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Sensex Ends Lower, Yes Bank Q4 Results, HUL Block Deal, and Top Stocks in Focus Today

Posted by Equitymaster
      

Indian share markets ended their trading session lower yesterday.

Benchmark indices edged lower tracking weak global cues as investors fretted over weak economic data and rising COVID-19 cases.

Barring energy stocks, all sectoral indices ended on a negative note with stocks in the power sector, telecom sector and consumer durables sector witnessing most of the selling pressure.

At the closing bell yesterday, the�BSE Sensex stood lower by 242 points and the�NSE Nifty�closed down by 72 points.

The SGX Nifty�was trading at 9,200, down by 53 points, at the time of writing.

The�BSE Mid Cap�index and the�BSE Small Cap�index ended their day down by 0.5% and 0.1%, respectively.

Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.

You would be interested in knowing when the market will likely bottom out.

Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.

You can check the same here -�This is When the Stock Market Will Bottom Out

Also, our special report, How to Trade the Coronavirus Crash, is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. You can�claim your FREE copy here...

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Top Stocks in Focus Today

From the pharma sector, Dr Reddy's Laboratories share price will be in focus as the company announced that the its NDA (new drug application) Elyxyb ((celecoxib oral solution 25 mg/mL) has been approved by the US Food and Drug Administration.

The drug is indicated for the acute treatment of migraine with or without aura in adults.

From the IT sector, HCL Technologies share price will also be in focus as the company reported a 22.8% year-on-year (YoY) rise in consolidated net profit at Rs 31.5 billion compared with Rs 25.7 billion in the same quarter last year.

Revenue for the quarter rose 16.3% YoY to Rs 185.9 billion from Rs 159.9 billion reported in the year-ago quarter. In dollar terms, revenue rose 11.7% YoY to US$ 2,543.40 million from US$ 2,277.80 million. On a sequential basis, dollar sales were flat. Sales growth in constant currency terms rose 13.5% YoY to US$ 2,584.60 million.

To know more about the company, you can read HCL Technologies' Q4FY20 result analysis on our website.

Market participants will also be tracking RBL Bank share price, Cyient share price and Gillette share price as these companies announced their March quarter results yesterday.

You can read our recently released Q4FY20 results of other companies here: Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�HUL,�Reliance Industries,�Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems.

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GSK Sells Stake in HUL via Block Deal

From the FMCG sector, Hindustan Unilever (HUL) share price will be in focus as the UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals yesterday.

According to the term sheet, over 133 million shares are being offered in the range of Rs 1,850-1,950 to investors through a special block window. The deal will be valued roughly between Rs 246 billion to Rs 259 billion.

GSK and�Horlicks�are selling up to US$ 3.4 billion worth of HUL shares through what could be India's biggest secondary market block trades.

The British drug maker is looking to monetise about 5.7% of�HUL stock it had got after last year's merger of GSK Consumer Healthcare and HUL.

As per the scheme of amalgamation amongst GSK Consumer Healthcare and HUL, GlaxoSmithKline Pte had received 54.08 million shares of HUL, meanwhile Horlicks received 79.69 million shares.

Accordingly, parent company Unilever Plc and group companies' stake in HUL reduced to 61.9%, from 67.2% earlier after the issue of new shares.

Yes Bank Q4FY20 Results

Yes Bank reported better-than-expected March quarter (Q4FY20) results.

Yes Bank�posted a net profit of Rs 26.3 billion on the back of one-time gain attributed to an exceptional item of Rs 63 billion.

The bank has written-down additional tier-1 bonds as part of its planned reconstruction scheme, leading to a one-time gain of Rs 63 billion.

In the absence of the exceptional gain, the bank would have reported a net loss of Rs 36.7 billion.

The bank had reported a net loss of Rs 15.1 billion a year ago, while the same was Rs 185.6 billion in Q3FY20.

The bank's net interest income (NII) for the March quarter came in at Rs 12.7 billion, up 19.6% sequentially.

Net interest margin (NIM) for Q4FY20 came in at 1.9%, compared to 3.1% a year ago.

On the asset quality front, gross non-performing assets (NPA) fell 19% QoQ to Rs 328.8 billion, mostly on account of write-offs.

The bank's deposits plunged to Rs 1.05 lakh crore, down 54% YoY compared with Rs 2.27 lakh crore.

Meanwhile, Advances declined 29% YoY to Rs 1.7 lakh crore from Rs 2.4 lakh crore in the year-ago quarter.

For the financial year 2019-20 (FY20), the private lender posted a loss of Rs 164.2 billion, on a standalone basis, compared to net profit of Rs 17.2 billion in the previous year.

To know more, you can read Yes Bank's latest result analysis on our website.

Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.

This is evident from the chart below:

India's Huge Lending Opportunity

Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.

Here's what Tanushree Banerjee wrote about this in one of the editions of�The 5 Minute WrapUp...

  • Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.

    The Modi government is looking at various ways�to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.

    Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.

    Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this�megatrend.

Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.

As per her, now is the right time to buy these stocks to profit from the�Rebirth of India.�You can read about them here.

And to know what's moving the Indian stock markets today, check out the most recent�share market updates here.



This article (Sensex Ends Lower, Yes Bank Q4 Results, HUL Block Deal, and Top Stocks in Focus Today) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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BSE Sensex Surges 640 Points; HUL Among Top Gainers

Posted by Equitymaster
      

The BSE Sensex has surged 640 points to 32,083 (up 2.0%).

Among the top gainers in the BSE Sensex today are HUL (up 4.3%), BAJAJ FINANCE (up 3.3%) and TCS (up 3.0%). Other gainers include RELIANCE IND. (up 2.8%) and MARUTI SUZUKI (up 2.7%).

BAJAJ AUTO (down 2.7%) and NESTLE (down 1.0%) are among the top losers today.

In the meantime, the NSE Nifty Index is up 3,299 points to 9,377 (up 1.9%).

The top gainers in the NSE Nifty Index include include HINDALCO (up 4.5%), HUL (up 4.2%) and ZEE ENTERTAINMENT (up 3.7%). Other gainers include GAIL (up 3.6%) and MARUTI SUZUKI (up 2.6%).

Over the last one year, the BSE Sensex has moved up from Rs 38,277 to Rs 32,083, registering a gain of Rs -6,194 (up -16.2%)..

The top gainers among the BSE Sensex stocks during this same period were BHARTI AIRTEL (up 66.4%), NESTLE (up 63.6%) and HUL (up 22.6%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

Which stocks contributed the most to the BSE Sensex?

The biggest contributors to the gain in the Sensex today were HUL (86 points) and BAJAJ FINANCE (68 points).

Among the other contributors were TCS (57 points) and RELIANCE IND. (43 points).

What about the other broader BSE Indices?

The BSE 100 index has gained -2,133 points today and is now trading at 9,475 (down 18.4%). The top gainer here is AVENUE SUPERMARTS LTD (up 76.0%).

The BSE 500 on the other hand gained 2,818 points (up 1.7%), and is currently at 12,141.



This article (BSE Sensex Surges 640 Points; HUL Among Top Gainers) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Indian Indices Trade Higher; Reliance Industries & ICICI Bank Top Gainers

Posted by Equitymaster
      

Share markets in India are presently trading on a positive note. Benchmark indices advanced today tracking firm global cues.

Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.

Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.

The BSE Sensex is trading up by 524 points while the NSE Nifty is trading up by 146 points.

The BSE Mid Cap index and the BSE Small Cap index are trading up by 0.9% and 0.7%, respectively.

Sectoral indices are trading mixed with stocks in the energy sector and telecom sector witnessing buying interest, while power stocks are witnessing selling pressure.

The rupee is currently trading at 75.44 against the US$.

Gold prices are currently trading down by 0.1% at Rs 46,134.

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Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.

You would be interested in knowing when the market will likely bottom out.

Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.

You can check the same here - This is When the Stock Market Will Bottom Out

Moving on, market participants are tracking Shree Cement share price, TCI Express share price, and SBI Cards and Payment Services share price as these companies are scheduled to announce their March quarter results (Q4FY20) later today.

You can read our recently released Q4FY20 results of other companies here: Ambuja Cement, IndusInd Bank, Axis Bank, Tech Mahindra, Reliance Industries, Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems, SKF India.

In news from the banking sector, public sector banks (PSBs) sanctioned loans worth Rs 5.66 lakh crore for the March-April period to 41.81 lakh accounts, according to the finance ministry.

The borrowers represented the micro small and medium sized enterprises (MSMEs), retail, agriculture and corporate sectors.

Reportedly, PSB loans amounting to Rs 265 billion have been sanctioned in 2.37 lakh cases for MSMEs.

This is part of the PSB initiative to prioritise pre-approved emergency credit lines and enhanced working capital requirements to the sector.

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------------------------------

Meanwhile, PSBs sanctioned loans worth Rs 773.8 billion to non-banking financial companies (NBFCs) and housing finance companies (HFCs) between March 1 and May 4.

Including the Reserve Bank of India's (RBI) targeted long term repo operations (TLTRO) window, PSBs extended Rs 1.08 lakh crore of financing to ensure business stability and continuity.

The finance ministry said that the three-month loan moratorium facility announced by the RBI has been availed by 3.2 crore PSB accounts.

On Thursday, Finance Minister Nirmala Sitharaman said that the Indian economy is poised to recover from the recent crisis brought upon by the coronavirus pandemic with PSB sanctioning loans worth Rs 5.66 lakh crore in just two months.

Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.

This is evident from the chart below:

India's Huge Lending Opportunity

Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.

Here's what Tanushree Banerjee wrote about this in one of the editions of The 5 Minute WrapUp...

  • Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.

    The Modi government is looking at various ways to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.

    Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.

    Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this megatrend.

Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.

As per her, now is the right time to buy these stocks to profit from the Rebirth of India. You can read about them here.

Moving on to news from the FMCG sector, shares of Hindustan Unilever (HUL) rose 4% today after institutional investors bought stake in the company via open market on Thursday.

The NSE bulk deal data showed that foreign portfolio investor Societe Generale, a French multinational investment bank and financial services company, bought 129 million shares of HUL at an average price of Rs 1,902.

UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals, yesterday.

According to the term sheet, over 133 million shares were offered in the range of Rs 1,850-1,950 to investors through a special block window.

The deal is valued roughly between Rs 246 billion to Rs 259 billion.

Note that last week, HUL reported a 7% decline in volumes in Q4FY20. The company's profit before tax fell 10.6% to Rs 19.9 billion, while net profit declined 1.2% year-on-year (YoY) to Rs 15.2 billion.

HUL share price is presently trading up by 3%.

To know more about the company, you can HUL's latest result analysis on our website.

And to know what's moving the Indian stock markets today, check out the most recent share market updates here.



This article (Indian Indices Trade Higher; Reliance Industries & ICICI Bank Top Gainers) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Facebook rolls out Dark Mode for desktop, other features for all users

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Share Market Update: Sensex ends 199 points higher, Nifty at 9,251; HUL, Sun Pharma, Dr Reddy top gainers

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today




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Sensex gains 199 points, Nifty closes at 9,251; HUL, Reliance Industries top gainers

Stock specific action was seen in index heavyweight Reliance Industries gained 3.43% to Rs 1,558 on BSE after PE firm Vista Equity Partners said it would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.




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Top 3 Travel Destinations of Decade: Bangkok, London, Paris

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New Transplant Technique Revives Donor Hearts That Had Stopped Beating

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US Top Court Denies to Revive Abortion Restrictions

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UK Tops The Chart of Employing Overseas Doctors Than Indigenous Ones

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Stem Cells Stop Their Own Death To Aid Healing

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