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CII For Greater Industrial Activities in Districts With High Economic Performance

The government has permitted industrial estates, SEZ and industrial townships with restricted entry within urban areas of 'red zones' to commence operations.




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India Doubles Down on Solar, Gas at Coal's Expense as Electricity Use Falls

India's solar and gas-fired electricity generation rose in April even as overall power demand fell at the steepest monthly rate in at least thirteen years, a Reuters analysis of provisional government data showed.




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Goldman Sachs Says it Remains Bullish on Oil Prices in 2021

Lower crude production due to reduced activity and OPEC+ cuts, coupled with a partial recovery in oil demand, should drive prices higher next year, Goldman Sachs Equity Research said in a note.




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Remdesivir Expected to be Available for Covid-19 Patients from Next Week: Top Company Official

Remdesivir is authorised for the treatment of hospitalised patients with severe Covid-19 disease though the optimal duration of treatment is still being studied in ongoing clinical trials.




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IRDAI Sets up Panel to Draft Standard Professional Indemnity Policy for Insurance Intermediaries

Professional indemnity policy offers protection to professionals against potential claims for injury or loss resulting from their advice action for failure to fulfil their duties.




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Petrol Price in Delhi Hiked by Rs 1.67 Per Litre, Diesel by Rs 7.10 as Govt Raises VAT

Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said.




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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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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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US Trade Deficit Widens to $44.4 Billion in March on Falling Exports

Imports also fell, but only by 6.2 percent, as transportation and shipping began to close down worldwide.




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Oil Prices Fall as Rising US Inventories Reassert Supply Concerns

US West Texas Intermediate (WTI) crude futures fell as much as 2.1 per cent to $24.05 a barrel and were down 14 cents at $24.41 a barrel at 0201 GMT. WTI has snapped a five-day winning streak.




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India's Services Activity Collapses as Coronavirus Paralyses Global Economy: PMI

The grim result for the industry, the engine of economic growth and jobs, underlined the pandemic's sweeping impact across India as authorities extended a nationwide lockdown.




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Hopes of Gradual Economic Recovery Weigh on Gold

Gold prices ended higher in the previous three sessions, and have risen about 17% since mid-March, as uncertainty remained with the virus spreading and as U.S.-China trade tensions re-emerged.




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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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SBI Cuts Benchmark Lending Rate by 15 Basic Points, New Special Deposit Scheme For Senior Citizens

Under this new product, an additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above" tenor only.




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Sensex Drops 242 Points, Nifty Gives up 9,200-mark amid Coronavirus Pandemic

ONGC was the top loser in the Sensex pack, slumping over 4 per cent, followed by NTPC, Kotak Bank, Titan, Bharti Airtel and PowerGrid.




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Govt Working on Financial Package for all Sectors of Economy, Says Official

Participating in the same meeting, Union Minister for MSME and Road Transport and Highways Nitin Gadkari also said "a package is going to be declared".




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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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Public Sector Banks Sanctioned Rs 5.66 Lakh Crore Loans during March-April: Nirmala Sitharaman

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.




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India's Rating Outlook Reflects Rising Risk of Slower GDP Growth, Low Policy Effectiveness: Moody's

Moody's Investors Service on Friday said the negative outlook on India's rating reflects increasing risks that GDP growth will remain significantly lower than in the past and partly hints at weaker policy effectiveness to address economic and institutional issues.




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Indian Economy May Contract 0.4% in FY21 on Coronavirus Pandemic, Say Two Foreign Brokerages

Japanese brokerage Nomura warned of a likely downgrade of the sovereign by global ratings agencies while American brokerage Goldman Sachs (GS) said RBI will cut rates by another 1 percentage point to arrest the economic slide.




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ICICI Bank Q4 Net Profit Rises 26 Per Cent to Rs 1,221 Crore

The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19.




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Novak Djokovic May Have Broken Covid-19 Lockdown Rules in Spain by Returning to Tennis Court

Novak Djokovic posted a video showing him exchanging shots with another man at clay court in the coastal city of Marbella.




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Badminton Restart 'Difficult to Predict' After Coronavirus Crisis, Says BWF Chief

BWF chief Thomas Lund said the restrictions on international travel due to coronavirus has complicated the picture for badminton to resume.




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Coronavirus Could End Paralympic Dream for British Badminton Player

Mary Wilson, a multiple sclerosis sufferer, hoped to qualify for Tokyo Paralympics but being 56-year-old, she recognises that with Covid-19 roadblock, time may not be on her side.




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Kashmir Athletes Struggle to Practice During Coronavirus Lockdown

Kashmiri athletes like Afreen Hyder, Aijaz Hassan, Vilayat Hussain and more have to make do with the restricted spaces and still stay fit during Covid-19 lockdown.




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Returning Before US Open Amid Coronavirus Pandemic is 'Unrealistic', Says Taylor Fritz

Taylor Fritz said that the tennis authorities are looking to stage the US Open but he was unsure if they will be able to do that.




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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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Athletes Harassed in Spain While Practicing Amid Confinement

Athletes always must go out carrying the proper documentation showing that they are allowed to be out, otherwise they can be subjected to fines.




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Spanish Club Says it Mistakenly Allowed Novak Djokovic to Train Against Covid-19 Rules

Novak Djokovic published a video of him training on Monday in apparent violation of Spain's current rules amid the coronavirus pandemic.




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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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Tennis Star Dominic Thiem Participates in Global Charity Run

The global charity run also saw over 400 Indians running for the noble cause raising over 1250 Euros.




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'I Think You Were Fanboying': Maria Sharapova Looks Back at First Dinner with Novak Djokovic

Maria Sharapova recalled how Novak Djokovic earned himself a dinner with her by winning a match.




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Tokyo Olympics Postponement Doesn't Bother Saurabh Chaudhary, Always Training to be at His Best: Amit Sheoran

Saurabh Chaudhary's coach Amit Sheoran said for his ward it doesn't matter if the Tokyo Olympics are held tomorrow, after a year or even after 10 years




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Paris 2024 Organisers Vow To Not Change Olympic 'DNA'

Organisers of Paris 2024 Summer Games said that their budget has not changed despite the coronavirus pandemic




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SAI Makes Services, Excluding Food, Inside its Stadiums Free for IOA and NSFs

SAI has made electricity, water, housekeeping, hostel free for IOA and NSFs and the organisers will now have to make only food and beverages arrangement for an event.




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Very Hopeful of Tokyo Olympics Taking Place Next Year, Maintaining My Game and Doing Well: Manu Bhaker

Manu Bhaker was being touted to shine for India at the Tokyo Olympics before coronavirus forced the summer games to be postponed by a year.




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Athletes Could be Particularly Vulnerable to Serious Covid-19 Symptoms, Says Union

Director of World Players' Association said players were willing to take a calculated risk to resume their sporting careers, social distancing rules cannot be adhered to in most sports.




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French Open Organisers To Refund All Tickets After Coronavirus Forces Postponement

French Tennis Federation announced that all ticket holders for the French Open will be refunded.




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Novak Djokovic Will Need to Get Vaccinated for Covid-19 if Required by Tour: Rafael Nadal

Rafael Nadal said all tennis players will have to comply if officials require 'vaccination to travel' and to 'protect' everyone on the tour.




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Roger Federer, Rafael Nadal or Novak Djokovic: Ivan Lendl Has a Way to Decide 'GOAT' Debate

Ivan Lendl believes whoever ends up winning the most majors among the 'Big Three', should be considered the greatest ever.




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2021 European Athletics Indoor Championships Event Schedule Released

The 36th edition of the European Athletics Indoor Championships is scheduled to take place from March 5 to 7 next year in Torun, Poland.




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Private bus owners suspend service




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Tapi, Valsad, Dang districts fight off corona




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Councillor’s brother seen demanding ‘cash for tickets’




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Gujarat: Man thrashes migrant over train tickets

A man was arrested in Surat city of Gujarat on Friday for allegedly beating up a migrant from Jharkhand over booking of train tickets. While opposition Congress claimed that accused Rajesh Verma is a BJP worker, the ruling party denied it.




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Priyanka Chopra Jonas Flashes Her Million Dollar Smile in This Adorable Pic

Dog mom Priyanka Chopra shared an adorable photo on social media with her pet Gino. Check it out.




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Athiya Shetty Posts Throwback Pic From Her Thailand Getaway; Fans Wonder Why She Cropped KL Rahul

Rumours of Athiya and KL Rahul's alleged relationship surfaced last year, after the cricketer posted an adorable birthday wish for her on social media.




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Anupam Kher Grows a Beard After 37 Years, See Pic

Amid the lockdown, veteran actor Anupam Kher has decided not to shave and let his beard grow.




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Reunited With His Favourite Person: Riddhima Posts Throwback Pic Of Rishi Kapoor With Krishna Raj

Rishi Kapoor died in Mumbai on the morning of April 30. Just the night before, Riddhima was granted permission to drive to Mumbai from Delhi. Riddhima is a jewellery designer and lives with her husband and daughter in Delhi.