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India's Scrap Gold Supplies Seen at Record High on Price Rally, Coronavirus, Says WGC

Rising scrap supplies amid a fall in demand could dent the world's second-biggest bullion consumer's imports and cap a rally in global prices, which hit a more than seven-year high earlier this month.




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

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




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Reckitt Benckiser's Sales Hit Record On Coronavirus Disinfectant Boom

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




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

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




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Lockdown Period, Global Recession & Changes in Consumer Behaviour to Shape Economic Activity: Report

According to Dun & Bradstreet's latest report, changes in consumer behaviour will determine the segments that are likely to flourish after the pandemic comes under control.




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Non-subsidised Cooking Gas Price Cut by a Record Rs 162.50 per Cylinder

The outbreak of coronavirus and the lockdowns imposed by nations to curb its spread has evaporated demand for oil, sending international oil prices crashing.




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Lockdown Led to Subdued Economic Activity But Saved India From Lot of Agony: SBI chairman

Nationwide lockdown should only be lifted once the situation is fully under control, said State Bank of India Chairman Rajnish Kumar.




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CNBCTV18-CII Poll: What Heads of Top Institutions Said on India's Strategy to Revive Economy After Covid-19

SBI Chairman Rajnish Kumar said he is hopeful of more relaxations by May 31 and expects economic activity to return by the festive season.




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PM Meets FM, Home Minister to Discuss 2nd Economic Stimulus Package for Affected Sectors

PM Narendra Modi, who held discussions with Amit Shah and Nirmala Sitharaman, on Friday held meetings with different ministries including civil aviation, labour and power.




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PM Modi Holds Meetings to Firm Up Second Stimulus for Reviving Lockdown-hit Economy

The prime minister also had discussions with key economic ministries such as Agriculture and Farmers' Welfare, and MSME to discuss various issues.




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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's Factory Activity Fell to Record Low in April as Lockdown Hit Demand, Disrupted Supply Chains

With new orders and output shrinking at the steepest pace since at least early 2005 factories cut jobs at the fastest rate in the survey's history, signaling a high chance of recession.




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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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Parliament Has Competence to Make Laws Regarding Recovery of Loans for Cooperative Banks: SC

The SC said cooperative banks cannot carry on any activity without compliance of the provisions of the Banking Regulation Act, 1949 and any other legislation applicable to such banks relatable to 'Banking'.




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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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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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Asia Gasoil Margins Drop to Record Low Amid Signs of Indian Export Surge

India's April gasoil exports closed at a four-month high of 2.73 million tonnes, compared with 2.53 million tonnes in March, according to Refinitiv oil research assessments.




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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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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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Government Should Now Let the Economy Function Post-lockdown: Kaushik Basu

The global market is fearing that India would slide into a 'controlled economy', which would be very damaging, Basu added.




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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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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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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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India Suffers Two Defeats on Second Day of Online Nations Cup Chess

India, on the second day of the FIDE-Chess.com Online Nations Cup, lost its third and fourth round matches to Europe and China by similar 1.5-2.5 margins




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Lara Dutta's Hundred to Get Second Season

Actor Makarand Deshpande has revealed that Laa Dutta and Rinku Rajguru's web-series debut Hundred will be back with another season.




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Ariana Grande Teases Single with Justin Bieber with Stylish Photo from Recording Session

Ariana Grande shared a stylishly lit photo of herself in the studio, which also revealed her newest tattoo.




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Second gaur moving towards its natural habitat: Forest department officials

The second gaur, that had taken refuge in a puddle on the banks of Phalguni river near Kulur bridge last evening, moved from there in the early hours on Thursday.




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Covid-19: Karnataka govt should demand economic package of Rs 50,000 crore from centre, says Siddaramaiah

Former chief minister of Karnataka and Congress leader Siddaramaiah on Friday asked the state government to demand a special economic package of at least Rs 50,000 crore from the centre to deal with the coronavirus crisis.




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MIT student sets Guinness record with smallest working drill




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Showsha Recommends: Thriller Movies On OTT | Showsha

While we are all quarantined at home with ample time in our hands, here's a list of 'Must Watch Thriller Films on OTT' Check the list right here... #Showsha




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Global Smartphone Output to See Record 16.5% Slump in June: TrendForce

Both Apple and Samsung will retain their first and third spots respectively but they are also expected to lose market shares as well.




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5G Spectrum Price Suggested by Department of Telecom Too High: Finance Ministry Task Force

A finance ministry task force acknowledged stress in the telecom sector and said the SC judgement mandating companies to pay around Rs 1.35 lakh crore.




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Apple Services Business Hits All-Time Record to Soften The COVID Impact on The iPhone Sales

Services such as Apple Music, App Store, iCloud, Apple Arcade and Apple TV+ are raking in record revenues for the company. At the same time, products such as the AirPods, HomePod and accessories for the Apple Watch and the iPad Pro, to name a few, are also doing well.




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Mobile Phone Manufacturing Resumes as Economy Slowly Reopens, ICEA Lauds Govt for Move

The government, on Friday, issued a directive to ease restrictions on manufacturing and sale of handsets across the country as the lockdown was extended for two more weeks.




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Coronavirus Has Enabled the Telecom Sector to Contribute 35% GDP in India

The leading industry experts said that many of the patterns and trends that have emerged during the pandemic situation are going to stay and the telecom sector needs to get prepared for that.




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Fortnite Sets All-time Total Players Record With 350 Million Registered Users Worldwide

In April, players spent over 3.2 billion hours in-game which is also a record.




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Jasprit Bumrah Will Become World-class But Bowlers in Our Times Were Better: Abdul Razzaq

The standard of cricket has gone down, according to Razzaq.




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Harbhajan Singh Says He's Not Jealous of Ashwin, Expects Him to Become a Legend

Harbhajan is not yet retired but last played for India in 2016. The 39-year-old has played 103 Tests with his final game coming in 2015.




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MCC to Offer President Kumar Sangakkara Second Term Due to Coronavirus Pandemic

The former Sri Lanka wicketkeeper-batsman became the first non-British President of the club when he assumed office on October 1 last year.




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Love Aaj Kal Movie Review: The Second Round of Love and Longing Disappoints Big Time

Imtiaz Ali'sLove Aaj Kal’s reprised version of the same theme of love across different generations starring Kartik Aaryan, Sara Ali Khan, Randeep Hooda and Aarushi Sharmais disappointing.




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Focus on Fitness, Recovery Ahead of Olympics: Indian Women's Hockey Team Captain Rani Rampal

The Indian women's hockey team is currently in Bengaluru for the ongoing national coaching camp, which will end on December 15.




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Rani Rampal Wins 'World Games Athlete of the Year' Award, Becomes 1st Hockey Player To Do So

Rani Rampal became the first-ever hockey player in the world to win the prestigious 'World Games Athlete of the Year' award, after 20 days of polling by sports fans.




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FIH Hockey Pro League 2020: India Beat Australia Via Shoot-out in Second Match

FIH Hockey Pro League 2020: India won the second game of the two-leg tie against Australia 2-2 (3-1).




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Team Has Become Much More Aggressive Under Graham Reid: Gurinder Singh

Gurinder Singh said Graham Reid spent time on the development of each player during the national camp last November.




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Shashi Tharoor's New Book Explains India's Potential To Become A 'Major Global Power'

The authors argue that India has a major role to play in shaping the regimes the world in future, given its size, growing clout, and stake in practically every major multilateral organization.




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Reviving the Indian Economy: Montek Singh Ahluwalia's Method of Combating 'Very Serious Slowdown'

During the launch of the book, Ahluwalia said that there is no doubt that we have entered a period of a very serious slowdown.




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Happy Birthday David Beckham: 5 Best Goals of the Decorated English Footballer

A look at some of the most memorable goals David Beckham has scored over the span of his brilliant career.




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AIFF Technical Committee Recommends Foreign Players Cap in ISL, I-League

All India Football Federation recommended the implementation of the 3+1 foreigners' rule in Indian Super League and I-League starting XIs.




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AC Milan President Says Some Club Players Recovering from Coronavirus

AC Milan president Paolo Scaroni said that they have to get used to living with coronavirus.




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Max Verstappen Reconciles With Charles Leclerc, Says His Austrian GP Win is Right for Formula One

Max Verstappen registered a dramatic Austrian GP win over Charles Leclerc by overtaking the Ferrari driver just three laps before the finish.