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External Affairs Minister meets Frans Timmermans, Executive Vice President for European Green Deal on the sidelines of European Union Foreign Affairs Council in Brussels





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External Affairs Minister meets Charles Michel, President of the European Council on the sidelines of European Union Foreign Affairs Council in Brussels





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External Affairs Minister meets Philippe Goffin, Minister of Foreign Affairs and Defence of Belgium on the sidelines of European Union Foreign Affairs Council in Brussels





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TONY HETHERINGTON: My uncle pays £492 a year to long dead funeral firm

'Going through my 91-year-old uncle's paperwork for him, I found he had signed up for Equitable Lifecare funeral plan in 2016, and has been paying £41 a month - £492 a year - since then.'




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Startups need to opt for IPO to tackle fund crunch: Kris Gopalakrishnan

Gopalakrishnan advised startups to take minimum funds from angel, friends and families. They have to create minimum viable product, and establish unit economics and profitable model, he underlined.




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Tech startup Tekion launches cloud-based automotive dealer management

The product connects key stakeholders of the industry enabling maximum level of operational efficiencies, collaboration, and personalized retail experiences




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Bounce raises fresh funding to fuel electric vehicle integration, expansion

This marks InnoVen Capital's third investment in Bounce, in a span of 18 months




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Fintech start-up Khatabook announces strategic partnership with MS Dhoni

The World Cup winning skipper will not only invest in Khatabook but also become its brand ambassador




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Triumph Bonneville Speedmaster launched in India at Rs 1.11 mn

Though a cruiser, the 1,200cc Speedmaster is built on the blueprint of the Bobber with design changes to suit the cruiser character. The hybrid, therefore, is touted as a classic modern




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Honda Launches BR-V In Thailand

Thailand becomes BR-V’s first market, the compact crossover will make its Indian debut at the upcoming 2016 Auto Expo! Honda has launched the BR-V compact crossover/SUV in Thailand, where the production spec model had made its world premiere a ...




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2016 Hyundai Elite i20 Launched at Rs. 5.36 Lac

Hyundai has launched an updated version of its premium hatchback, Hyundai Elite i20 with a price tag of Rs. 5.36 lac. The updated car incorporates minor changes and it can be reasoned that this revamp is a move for the Korean automaker to prep-up ...




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2016 Chevrolet Cruze launched at Rs. 14.68 Lacs

General Motors India has launched the 2016 Chevrolet Cruze at Rs. 14.68 Lacs (ex-showroom Delhi). Cosmetic changes on the 2016 Chevrolet Cruze include a new front grille with curved edges. New LED daytime running lights have been placed on the ...




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Renault Kwid: Holy Trinity of a True Success Story Uncovered!

With over 85,000 units already booked, Renault Kwid became a phenomenon that laid foundation for ingenuity and epitome of automotive excellence, which automaker’s world over strive to achieve. The excitement for the entry-level hatchback grew to ...




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Volkswagen Ameo Introduced Today; Launch Mid-2016

German carmaker, Volkswagen, has introduced its made-for-India sub-compact sedan, Ameo, today. Based on the Polo hatchback, this is Volkswagen’s first compact sedan in the Indian market and has been developed locally at the company’s manufacturing ...




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2016 VW Polo and Vento launched at Rs. 5.33 lacs and Rs. 7.70 lacs

The German automaker has launched the 2016 update for its Polo hatchback and Vento sedan. The cars have been launched at price tags of Rs. 5.33 lacs (Polo) and  Rs. 7.70lacs (Vento). Volkswagen’s 2016 offerings remain mechanically unaltered, but ...




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HMSI launches 110 cc NAVI; aims over 50 lakh unit sales in 2016

Company said it is confident that Honda's 6 new models led by NAVI will reinvent two-wheeler mobility in India




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Hero makes two low-key launches at Auto Expo

A huge drop from 10 launches by the company in the previous edition of the Auto Expo




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Mercedes-Benz uncovers GLC, S Cabriolet

Mercedes-Benz, India's biggest luxury car manufacturer, today unveiled three new products at the Auto Expo




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JLR launches Jaguar Xe sports saloon starting at Rs 39.9 lakh

The new Jaguar XE sports saloon will be assembled in India as part of the company's move to increase localisation




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JLR launches petrol-powered sports car Jaguar XE

Vehicle to come in 2 trims - Jaguar XE Petrol Pure at Rs 39.9 lakh and Petrol Portfolio at Rs 46.5 lakh




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Audi launches new R8 V10 Plus for Rs 2.47 cr

Company also showcased new Audi A4 among other vehicles adding that it will launch at least 10 new products in India this year




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M&M launches new truck series, looks to double share in M&HCVs

Rolls out Blazo series as it targets market share to rise to 6%




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CM Thackeray seeks PM Modi's help for nomination to Legislative Council

Thackeray said he will have to resign if it doesn't happen




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Uddhav Thackeray meets governor ahead of Legislative Council election

Earlier, Governor Koshyari had requested the ECI for the election to nine seats of the Legislative Council in the state.




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ECI allows Legislative Council elections in Maharashtra; all eyes on Uddhav

As per sources, elections will be held before the deadline of May 27 for Chief Minister Uddhav Thackeray to be elected.




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E-retail vs. organised retail: an uncertain battle

The underlying fight is between supply chains. But as long as consumer benefits, who wins does not matter.




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Railways to launch new projects worth Rs 10K cr during fortnight programme

New projects worth over Rs 10,000 cr will be launched and several old projects will be completed by Railways during its ongoing fortnight programme, Union minister Suresh Prabhu today said. The minister was speaking at the New Delhi Railway Station ...




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Brexit & Beyond: Corporate Europe’s ‘Unbearable’ Brexit Uncertainty

To subscribe to the newsletter, please sign up here MUST READS Corporate Europe Faces ‘Unbearable’ Uncertainty Over U.K. Exit: British Prime Minister Theresa May’s failure to get U.K. parliamentary approval for a deal to split the country from the European Union adds significant pressure on continental companies as they plan for the now greater possibility of an […]




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Puducherry assembly polls: DMK announces candidates for 9 seats

As per the seat-sharing agreement between Congress and DMK, Congress will contest from 21 seats and DMK from nine




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IMF pegs India's growth at 1.9 pc in FY'20-21, but says will bounce back to 7.4 pc next year

The International Monetary Fund (IMF) has projected the growth of Indian economy in 2020 at the rate of 1.9 per cent, while the world economy is likely to contract sharply by "minus 3 per cent" due to the coronavirus pandemic, which is proving worse than the 2008-09 financial crisis.The IMF on Tuesday its yearly World Economic Outlook, providing a grim picture of the world economy amid global lockdown due to the coronavirus pandemic, which has jolted the world by claiming over one lakh lives globally.The IMF has, however, given a bullish projection about India's economic growth in 2021, pegging the growth rate at 7.4 per cent.Gita Gopinath, Chief Economist and Director of the research department at IMF said in her opening remarks, "The COVID-19 pandemic is inflicting high and rising human costs worldwide. Protecting lives and allowing health care systems to cope have required isolation, lockdowns, and widespread closures to slow the spread of the virus.""The health crisis is, ...




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Facetime With Uncle Sam

A number of government surveys are conducted in face-to-face interviews for a variety of reasons. Sometimes, physical material must be collected or the survey is too long and complex to conduct by telephone or mailed questionnaire. The results are some of the richest and most complete survey data available.




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Government Of India Announces Sale Of Three Dated Securities For Rs 19,000 crore

The government of India (GoI) has announced the sale (re-issue) of three dated securities for Rs 19000 crore. These include 6.18% GS 2024 9,000, 7.57% GS 2033 4,000 and 7.16% GS 2050 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be price based (for all securities), using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.




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RBI Announces Rs 50,000 Crore Special Liquidity Facility for Mutual Funds

Heightened volatility in capital markets in reaction to COVID-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom. The stress is, however, confined to the high-risk debt MF segment at this stage; the larger industry remains liquid. The RBI has stated that it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of COVID-19 and preserve financial stability. With a view to easing liquidity pressures on MFs, it has been decided to open a special liquidity facility for mutual funds of Rs 50,000 crore.




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RBI Announces Rs 50,000 crore Special Liquidity Facility for Mutual Funds (SLF-MF)

Reserve Bank will review the timeline and amount, depending upon market conditions




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Government Is Likely To Announce A Relief Package For MSME Sector Soon - Nitin Gadkari

Mr Nitin Gadkari, Minister of Road Transport and Highways and MSME, Govt of India said that government is likely to announce a relief package for the MSME sector soon. He further said that all stakeholders must adopt an integrated approach to come over the crisis while ensuring the lives and livelihood of the people. Mr Gadkari also urged the industry to have a positive attitude during this time to tide over this crisis. "We will win the fight against corona along with the economic crisis and make India the superpower nation. Hum honge kamyab," said Mr Gadkari.




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Government of India announces the sale of three dated securities for Rs 19,000 crore

The government of India (GoI) has announced the sale (issue /re-issue) of three dated securities for Rs 19000 crore. These include 5.09% GS 2022 3,000 May 08, 2020, New GS 2030 (maturing on May 11, 2030) 10,000 and 7.19% GS 2060 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be Yield based for New GS 2030 and price based for remaining securities using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.




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RBI Launches May 2020 Round Of Consumer Confidence Survey

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RBI Announces Rate Of Interest On GOI Floating Rate Bonds 2024 At 3.62%

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Hexaware Technologies launches KareRing, a cloud based quarantine zone management solution

KareRing adheres to standards like data encryption. Advanced tracking technology increases accuracy by using other sensory data. The app leverages AI-powered global identity verification to authenticate users' identity before onboarding them and uses data analytics and intelligence techniques to visualize user data. An inbuilt, WHO-compliant bot is used for user self-health assessment. The app has also an added functionality for healthcare organizations to evaluate the efficacy of the vaccine under trial.




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Zydus Cadila launches affordable prostate cancer treatment drug 'Obnyx'

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Arun Jaitley backs outsourcing of non-core functions of railways

The government had in September scrapped the 92-year old practice of presenting a separate railway budget




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VST Industries announces resumption of operations

VST Industries said that the company has resumed its manufacturing operations with restricted capacity and manpower considering the permission granted by the State Government of Telangana.




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Bob Dylan announces first album of original songs in 8 years

Music icon Bob Dylan is set to release his first album of original songs in eight years, Rough and Rowdy Ways, on June 19. The album is a follow up of 2012's "Tempest. The Nobel Prize-winning singer shared the release date of his new studio effort on Instagram and also released a third song from the album, the guitar-heavy False Prophet". The song follows Murder Most Foul and I Contain Multitudes. The album, his 39th collection of original songs, is said to be named after the 1929 Jimmie Rodgers classic My Rough and Rowdy Ways. It has ten tracks; on the CD version, while the 17-minute-long Murder Most Foul will get its own disc.




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Kohima COVID-19 test lab to be functional by May 12, Dimapur unit within 2 weeks: Govt in HC

The Nagaland government has assured the high court that the laboratory in Kohima for conducting COVID-19 detection tests will be functional by May 12. The state government informed the Kohima bench of the Gauhati High Court that finishing works for the lab have been completed and it would be functional by May 12. Additional Advocate General T B Jamir, however, told the bench comprising of Justice Songkhupchung Serto and Justice Hukato Swu that since the same technicians would be setting up the lab in Dimapur, at least two weeks are required to make that unit functional. The state government made the submission through an interim application filed on Thursday, praying for extension of time after the court on April 27 directed it to make the two labs functional within 10 days. The court on Friday directed the state government to make all efforts to make the lab at Kohima functional within five days and the one at Dimapur within two weeks. After two weeks, the state ...




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COVID-19 lockdown: Delayed academic plans and uncertainty---anxiety grips CBSE class 12 students

17-year-old Pratyusha Jha, wakes up scrambling for newspapers these days to look for any news about her pending board exams and is anxious about what the future has in store for her. Similar concerns are shared by Bipin Kumar, a class 12 student, who says the announcement of board exams from July 1 to 15 brought limited clarity as the larger questions remain unanswered. The COVID-19 lockdown, came with a different set of concerns for class 12 students, whose board exams were postponed midway following the outbreak of coronavirus, putting on hold their future plans as well. "Everyday I have been looking for news about the exams and about entrance exam dates. I feel unfortunate that this happened during the year I was supposed to take the big college leap. I don't want my future decisions to be shaped by this very year as what I opt to study now will remain with me lifelong," Pratyusha told PTI. Ending some uncertainty for students, HRD Minister Ramesh Pokhriyal 'Nishank' on Friday ...




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Not upset over not being nominated: Munde on Council polls

BJP leader Pankaja Munde has said that she was not upset over not being nominated by the party for the upcoming Legislative Council election. In a tweet, Munde asked her supporters not to get demoralised. "We both are there for each other and have the blessings of saheb (father Gopinath Munde)," she said. The former BJP minister, who lost the Parli seat in last year's assembly polls to her cousin and NCP leader Dhananjay Munde, said she was not upset over not being given a ticket for the May 21 biennial elections. "You called up my mother and sister (Beed MP Pritam Munde) to express your dismay. I did not take calls because I had nothing to say. I am not upset. My best wishes to the four party candidates," she said. A party source said that senior BJP leader Eknath Khadse, who was keen on representing the party in the Council, is upset over not being considered. The BJP has fielded former NCP MP Ranjitsinh Mohite, lesser-known faces like Gopichand Padalkar, Praveen Datke ..




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Lockdown 3.0: Tecno launches doorstep smartphone delivery with over 35,000 retailers

Smartphone maker Tecno on Saturday said it has launched an initiative to offer customers the option to book their smartphones online and get the handset delivered by neighbourhood retail stores. Also, the Transsion Group company said it will resume operations at its Noida factory in accordance with the government regulations. The new model will help Tecno's network of 35,000 offline retailers revive their businesses and empower consumers to select the product of their choice from the safety of their homes, a statement said. Consumers can reach out to their preferred retailers via Tecno's website and enter their PIN code details. The microsite with a store locator will assist in mapping the retailer and the contact details, and the device will be delivered to their doorsteps by their nearest retailer, it added. "Tecno's unique initiative will enable its consumers to connect and place order with their preferred retailers as per the zoning guidelines of the government from the comfort of




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UP Cong launches portal for people to lodge COVID-19 lockdown related complaints

The Uttar Pradesh Congress has launched a chat portal that will let people list the problems being faced by them amid the ongoing COVID-19-induced lockdown, the party said on Saturday. The complaints received from users of the UP Mitr' chat portal will be forwarded to Chief Minister Yogi Adityanath so that the state government can help the people, state Congress chief Ajay Kumar Lallu said in a statement. "The portal has been made to help the common public during the COVID-19 pandemic. Through it, problems of the common public will be listed and the UP Congress will help the complainants. The list of complaints will be sent to the chief minister, Lallu said. The Congress leader said that his party was committed to help every needy person in the state. "The party is running community kitchens at various places in the state including Ghaziabad, Hapur, Kanpur, Allahabad, Lakhimpur Khiri and Lucknow, he said in the statement. The party's district committee is making dry ration available ..




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Karnataka government announces financial aid to over 11k cobbler families

The Karnataka government has announced one-time financial relief of Rs 5,000 each to over 11,000 cobbler families in the state, whose daily life was affected by the COVID-19 induced lockdown. According to Deputy Chief Minister Govind Karjol, Chief Minister B S Yediyurappa has announced one time financial relief of Rs 5,000 for each of these families. "Due to COVID-19 lockdown about 11,722 families involved in road side leather work, like mending chappals and shoes, are in financial distress and their daily life has been affected," he said on Friday. The compensation will be distributed to beneficiaries through Babu Jagjivan Ram Leather Industries Corporation, Karjol, who is also in-charge of Social Welfare department, said. A delegation of opposition leaders led by the leader of opposition Siddaramaiah had met Chief Minister Yediyurappa yesterday and demanded that people belonging to sections like goldsmiths, carpenters, cobblers, tailors and ironsmiths be considered ...




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Coronavirus: Delhi Sikh body announces life insurance cover for staff providing relief services

The Delhi Sikh Gurudwara Management Committee (DSGMC) on Saturday announced an insurance cover of Rs 2 lakh for its employees in the forefront of the coronavirus fight in case of death due to the disease. As the country battles the COVID-19 pandemic, the DSGMC has been providing free food to the lockdown-hit homeless people and shelter to health workers in its gurudwaras. It will now provide an insurance cover of Rs 2 lakh each to its 2,500 frontline workers who are providing free community meals, and sanitation and transport-related services across the national capital, its president Manjinder Singh Sirsa said. Staff members of the DSGMC-managed gurudwaras have been distributing food and relief material in JJ colonies, labour camps, shelter homes, etc., as a result of which there is a risk of them contracting the novel coronavirus, Sirsa said. The life insurance scheme will include sanitation staff, cooks preparing langar, religious preachers, security staff and other frontline ...