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App downloads surge as folks keep locked in; TikTok greatest gainer

With the coronavirus pandemic forcing folks to remain indoors, their display screen time has skyrocketed in the previous couple of months. As their mobility stands restricted, shoppers are exploring newer avenues of recreation and leisure, resulting in a surge in cell app downloads and spends. In its newest World Market...

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OYO suspends cost of month-to-month benchmark income to resorts; invokes power majeure

Hospitality agency OYO stated it's suspending cost of month-to-month benchmark income to its resort companions as it's discovering not possible to discharge its obligations beneath the grasp service settlement as a result of COVID-19 pandemic."In mild of this pandemic and numerous restrictions issued by the governmental authorities, your resort's income...

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India’s fiscal deficit might shoot as much as 6.2 laptop because of financial bundle

India's fiscal deficit in 2020-21 might shoot as much as 6.2 % of the GDP from the three.5 % authorities estimate as a fallout of the coronavirus financial stimulus bundle, Fitch Options mentioned on Wednesday.With companies disrupted because of the lockdown and its ripple results, income will come below "heavy...

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Disney+ Hotstar content material will stream in India from April 3; this is what you possibly can watch

On March 11, Hotstar teased select users with Disney+ content on its platform. A brand new brand and Disney's complete catalogue of films and reveals had been made obtainable 18 days previous to the pre-announced launch date (March 29), solely to be rolled again 24 hours later, leaving customers confounded....

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Robots assist fight COVID-19 in different nations and will quickly be deployed in India

Stepping in the place people shouldn't, robots are getting used for jobs reminiscent of sanitising hospitals and delivering meals and medicines in lots of elements of the world, and in addition maybe quickly in India the place experiments are underway to enhance their position in combating COVID-19 outbreak.As well being...

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Mahindra & Mahindra to prepared ventilator prototype in Three days, plans to cost it at Rs 7500

Mahindra & Mahindra on Thursday stated it hopes to have a prototype of an automatic model of bag valve masks ventilator, generally often known as Ambu bag, in three days for approval to help in combating the coronavirus pandemic.  The corporate stated additionally it is working with two giant PSUs together...

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City Firm to arrange reduction fund for non permanent employees, contractors

City Firm, previously referred to as UrbanClap, on Wednesday stated it has partnered with Srinidhi Basis to arrange a reduction fund to assist gig employees and unbiased contractors on its platform in the course of the COVID-19 disaster.This fund might be used to offer sustenance assist to 'deserving' people and...

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Sensex recovers 693 pts amid govt measures to help coronavirus-hit financial system

A day after the historic rout, fairness benchmark Sensex bounced again to shut 693 factors increased on Tuesday as traders famous governments the world over taking immediate financial measures to offset the monetary injury from the COVID-19 pandemic.Indian equities adopted an improved investor sentiment in Asia after the Federal Reserve...

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No layoffs, no wage cuts, Modi authorities’s advisory to firms

The Narendra Modi authorities has issued an advisory to each non-public and public firms to not lay off workers or lower their salaries, within the wake of the COVID-19 or novel coronavirus disaster. The advisory from the Ministry of Labour and Employment, dated March 20 reads: “Within the backdrop of such...

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With no people in sight, how India regarded on ‘janata curfew’

Prime Minister Narendra Modi, in a televised speech on Thursday, had requested folks to watch 'janata curfew', a voluntary citizen's curfew during which folks had been requested to remain at house on March 22. The one-day lockdown was noticed protecting in thoughts the rising variety of coronavirus instances in India...