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US Financial Body Gives $15 Mn Loan to Indian Start-up to Expand Access to Quality Education

An American financial organisation has agreed to sanction USD 15 million loan to an Indian education start-up to expand the access to quality education by providing critical financing to schools that serve low-income students in India.




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Commerce Ministry Recommends Continuation of Anti-dumping Duty on Chinese Chemical

Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China are members of this Geneva-based organisation, which deals with global trade norms.




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PSB NPAs Likely to Rise 2-4% Points; May Push Govt to Recapitalise via RBI Reserves & Bonds: Report

The report said the increase in non-performing assets by 2-4 percentage points will need a government recapitalisation requirement by $7-15 billion.




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Cash Transfers, Food For All: How Govt May Balance Fiscal Concerns with Growing Hunger & Poverty

India has provided a stimulus which doesn’t even equal a percent of the country’s GDP when other countries have already pumped funds far in excess into their respective economies.




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State-owned Bank NPAs May Rise in FY21, Govt's Fiscal Deficit to Widen: Bank Of America

Analysts agree that Covid-19 pandemic will lead to an increase in bank's gross non-performing assets with some reports pegging the stock to double as well.




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GSTN Develops Functionality for Transfer of Amount Available in Electronic Cash Ledger

Form GST PMT-09 provides flexibility to taxpayers to make multiple transfers from more than one head (major or minor) to another head (major or minor) and helps with the intra-head or inter-head transfer of amount available in electronic cash ledger.




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More Fiscal Stimulus Measures Necessary in India to Fight Covid-19: S&P

In March, the government announced a Rs 1.7 lakh crore relief package focusing on providing food security to the poor and providing money in their hands to fight COVID-19.




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Govt to Gain Over Rs 1.5 Lakh Cr this Fiscal From Record Excise Duty Hike on Petrol & Diesel

The government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.




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Sensex, Nifty Slip as Coronavirus Cases Jump; Hindustan Unilever Drops

Indian stocks slid on Thursday, with declines led by banks and Hindustan Unilever, as coronavirus cases in the country crossed 50,000 despite a strict weeks-long lockdown.




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India to Send Investment Pitches to More Than 1,000 American Companies to Relocate From China: Report

India is prioritizing medical equipment suppliers, food processing units, textiles, leather and auto part makers among more than 550 products covered in the discussions.




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Yes Bank Creates Stressed Asset Management Vertical to Resolve NPA Accounts

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.




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CAIT Flags Traders' Inability to Pay Full Salary for April, Seeks Goyal's Intervention

The Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking his intervention in the matter.




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India May See 0% GDP Growth This Fiscal Year, Says Moody's

The ratings agency said it expected India to see no growth in financial year 2021 and bounce back to a 6.6% GDP growth in FY22.




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Record Excise Duty Hike Unlikely to Help Bridge Fiscal Gap: Report

Despite crude prices trading at a two decades low, the government had earlier this week hiked excise duty on petrol by Rs 10 a litre and on diesel by Rs 13 a litre to mop up nearly Rs 1.6 lakh crore in additional revenue this fiscal.




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Ex-RBI Governor Rangarajan Heads Committee to Look at Tamil Nadu's Post-virus Fiscal Challenges

According to the Tamil Nadu government, the committee comprises economists, industrialists, vice chancellors, bankers, government officials and others.




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Coronavirus Forces Cancellation of Japan Sumo Tournament

The next sumo 'basho' or tournament had been scheduled to begin on May 24, after organisers delayed the event by two weeks over the pandemic.




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'I See 2020 as Practically Lost' For Tennis: Rafael Nadal

Rafael Nadal believes the chances of tennis restarting before the end of this year are slim.




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Padraig Harrington Accidentally Unveils Luke Donald as Ryder Cup Vice-captain

Padraig Harrington announced live on air by mistake that Luke Donald was one of the vice-captains at this year's Ryder Cup.




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US Open Winner Bianca Andreescu Stays Focused on Becoming World No. 1

Bianca Andreescu's bid to return to competitive tennis suffered a further jolt when the season was halted in March due to the novel coronavirus pandemic.




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Australian Open Organisers Admit Cancellation of Grand Slam in January Possible Due to Covid-19

Tennis Australia spoke about the uncertainty around restrictions around coronavirus and said they will have to plan for all possible scenarios.




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NBA Players Can Start Solo Workouts at Team Sites from Friday

Players beginning to train is the first small step on the road to resuming the 2019-20 NBA campaign that was shut down on March 12 due to Covid-19.




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WWE Money in the Bank 2020 Date and Time: When and Where to Watch in India, Match Card

WWE Money in the Bank 2020 will see the corporate ladder match at the rooftop of the Titan Towers, WWE Headquarters.




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Taiwan Baseball Draws Foreign Fans Amid Scarce Live Sports Due to Covid-19 Shutdown

Taiwan's baseball league games are being streamed with English commentary, racking up millions of views for matches featuring cardboard cut-outs of fans and robots beating drums.




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UFC Return to Go Ahead as Planned Despite Undercard Fighter Ronaldo Souza Testing Positive for Covid-19

UFC fighter Ronaldo 'Jacare' Souza and his two cornermen were found positive for Covid-19 but asymptomatic and will self-isolate off host hotel.




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UP-Valsad bond going strong for five decades now




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Trains for migrants cancelled after Odisha high court order




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26 fresh cases in Surat city




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Councillor’s brother seen demanding ‘cash for tickets’




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Tisca Chopra Recalls Time When Irrfan Khan Stopped Her From Quitting Acting

Actress Tisca Chopra worked with the late Irrfan Khan in the critically acclaimed film Qissa besides in TV projects. She says Irrfan pushed her in the right direction during her initial days of struggle.




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James Cameron's Avatar Sequels Go Underwater, See Pics

James Cameron's 'Avatar' sequels are some of the most anticipated projects in the history of film business.




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Ibrahim Ali Khan Shares Throwback Pic with Sara, Says 'I Can Bully Her Now'

Ibrahim Ali Khan shares a sweet throwback moment with elder sister Sara. Check it out.




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Scarlett Johansson to Margot Robbie, Hollywood Actresses Have an Epic Virtual Fight

An action-packed video featuring Hollywood A-list stars and stuntwomen is going viral on social media. Check it out.




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Courteney Cox Recalls Shooting Rachel's Birth Sequence in Friends After Multiple Miscarriages

In an earlier interview, Courtney Cox opened up about going through a rough time in her personal life after she had multiple miscarriages.




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Cara Delevingne, Ashley Benson Part Ways After Two Years of Dating

Actress Ashley Benson and supermodel Cara Delevigne have reportedly split up after almost 2 years of dating. The duo confirmed their relationship in June 2019.




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16-Year-Old Sonu Nigam Sings Mahabharat Song Live in Front of the Show’s Cast

Sonu Nigam took to Instagram to share a throwback video in which he performed the title track of BR Chopra's Mahabharat, with the show's cast in audience.




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Chitrangada Singh on Casting Couch: Lost Jobs Because I Refused To Give In

Chitrangada Singh talked about facing casting couch in an interview. The actress opened up about losing jobs as she refused to give in.




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Vijay as Professor, Shah Rukh Khan as Berlin: 'Money Heist' Director Picks His Cast for Indian Version

During an interview, 'Money Heist' director Alex Rodrigo picked his cast from a lot of Indian actors. And we have to say, he makes interesting choices.




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Irrfan Khan's Close Friend Imraan Hasnee Recalls Being There At His Last Journey: I Was So Numb

The two worked together in Bollywood films like Paan Singh Tomar and international projects as A Mighty Heart and Slumdog Millionaire among others.




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Adah Sharma on Casting Couch: Not Just South or North Cinema, It Exists Universally

Actress Adah Sharma, who has worked in both southern cinema and Bollywood, says that the casting couch exists everywhere.




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Karanvir Bohra Excited About His Web Show 'The Casino'

Karanvir Bohra's The Casino will unfold the mystery and conspiracy in high society. The actor will play a rich, humble boy, who is heir to his father's multi-billion-dollar casino.




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Madonna Says She Caught the Novel Coronavirus During Her Tour But Currently She's Not Sick

Madonna says she caught the novel coronavirus in France towards the end of her famous tour Madam Xtour, adding that she is currently not sick.




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Jennifer Aniston's Representative Dismisses Reports of Brad Pitt's Daughter Calling Her ‘Mommy'

Jennifer Aniston's representative has dismissed reports that claimed Brad Pitt's daughter Shiloh has started calling the actress ‘mommy'.




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'Wasn’t Aware Medical Stores Were Selling Alcohol': Rakul Preet Singh Trashes Rumours of Her Buying Liquor

Bollywood actress Rakul Preet Singh has slammed rumours that she was purchasing alcohol amid the lockdown.




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Anil Kapoor’s Quarantine Carrom Game with Wife Sunita is Gaining All Attention on Internet

Anil Kapoor is quarantining with wife Sunita and his kids Rhea and Harshvardhan. They recently enjoyed indoor games.




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Betaal Trailer: Red-Eyed Zombies From the British Era are Coming to Scare You

This new Netflix original, produced by Shah Rukh Khan's Red Chillies, is an action packed horror series which takes inspiration from Indian mythology.




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Florence Pugh Was Scared About Getting Russian Accent Right In Black Widow

Black Widow, which was scheduled to hit the theatres on May 1, will now release on November 6 due to the coronavirus pandemic.




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Madhuri Dixit’s Uncanny Resemblance With Her Sister Will Leave You Spellbound

Madhur Dixit, who is a trained Kathak dancer, posted her fondest memory with her favourite dance buddy, her sister.




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Jennifer Aniston Has a Sassy Message for Covid-19 and We Can All Relate

Jennifer Aniston has posted a throwback photo on Instagram to express how she feels about the Covid-19 crisis.




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Money Heist Director Picks Cast for Indian Version, Rashami Desai Gains 4mn Followers on TikTok in a Day

Money Heist director Alex Rodrigo picks picked his choice of cast for the Indian version of show, Rashami Desai joins TikTok. More details in today's entertainment recap.




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Sa Re Ga Ma Pa's 25th Anniversary Gala to be 25 Hr Virtual Musical Marathon with 350 Performances

Sa Re Ga Ma Pa to celebrate its 25th anniversary with a 25-hour virtual music marathon, which will also raise funds to aid the fight against the coronavirus pandemic.