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India's worst recession is here

India's worst recession is here

New Delhi: Indias fourth recession since Independence, first since liberalisation, and perhaps the worst to date is here, according to rating agency, Crisil.CRISIL sees the Indian economy shrinking 5 per cent in fiscal 2021 (on-year), because of the Covid-19 pandemic. The first quarter will suffer a...

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American billionaires richer by $434 billion during the pandemic

American billionaires richer by $434 billion during the pandemic

New York: As millions of US citizens lost their jobs in the Covid-19 pandemic, nations billionaires saw their net worth jump $434 billion in the first two months of pandemic, led by Amazon Founder and CEO Jeff Bezos ($34.6 billion) and Facebook CEO Mark Zuckerberg ($25 billion).The top five US billi...

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How birth control pills affect emotional life in women

How birth control pills affect emotional life in women

London: Women who take birth control pills have a much higher level of the hormone oxytocin, also called the love hormone, in their blood compared to non-users, say researchers, adding that taking contraceptive pills is linked to a number of side effects, including mood alterations.The current study...

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How start-ups are beginning from homes in UP

How start-ups are beginning from homes in UP

Lucknow: Even as the lockdown remains firmly in force and most shops are still closed in Uttar Pradesh, there is relief for those who are craving for the good old 'samosas', or sweets or even non-vegetarian food.A growing number of residents in various areas have started home delivery of these savou...

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Atmanirbhar loans: Do MSMEs want anything more than 3.7 lakh crores?

Atmanirbhar loans: Do MSMEs want anything more than 3.7 lakh crores?

New Delhi: Micro & Medium Small enterprises (MSMEs) on Wednesday emerged as the major benefactor of Finance Minister Nirmala Sitharaman's Atmanirbhar Abhiyaan fiscal stimulus package. Six of the sixteen policies that were explained during the press conference were directly related to MSMEs. Of t...

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Jeff Bezos could be world's first trillionaire by 2026

Jeff Bezos could be world's first trillionaire by 2026

San Francisco: Amazon founder and CEO Jeff Bezos could potentially become the worlds first trillionaire as early as 2026, at which point he will be aged 62, says a study.Despite losing an estimated $38 billion as part of his recent divorce, Bezos is still by far the world's richest person and his ne...

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Central portal to approve govt agencies' request to use private drones

Central portal to approve govt agencies' request to use private drones

New Delhi: The Centre on Tuesday launched the 'Garud Portal' for providing fast track conditional exemptions to government agencies for deploying their own or privately-operated drones to implement the lockdown.Essentially, the portal allows government agencies to seek Centre's approval for employin...

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Collaborating with Competition in a post Covid world situation

Collaborating with Competition in a post Covid world situation

The current pandemic has left everyone in a state of pandemonium. Markets have crashed, essential commodities are in short supply, lockdowns have been imposed, panic is rife in the business community, and a return to “normalcy” seems elusive. Companies can respond to this crisis in either of two way...

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A tweet may cost Elon Musk his job as Tesla CEO

A tweet may cost Elon Musk his job as Tesla CEO

San Francisco: Elon Musk may lose his job as Tesla CEO as the car makers Board as well as the US Securities and Exchange Commission (SEC) must have taken into account his bizarre tweet that left Teslas market value go down by $14 billion in hours.The tweet saying that Tesla stock was "too high" also...

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Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mukesh Ambani foregoes salary until COVID-19 impact recedes

Mumbai: Reliance Industries (RIL) Chairman Mukesh Ambani has decided to forego his entire salary until the impact of the coronavirus pandemic declines.Ambani has capped his salary at Rs 15 crore since Rs 2008-09."The Board approved Mukesh Ambani's proposal to forego his entire salary until the impac...

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