Daily Archives: June 24, 2020

Cabinet Approves 2% Interest Subvention On Prompt Repayment Of Shishu Loans For A Period Of 12 Months 

Union Cabinet chaired by Prime Minister Narendra Modi today approved a scheme for interest subvention of 2% for a period of 12 months, to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers. The scheme will be extended to loans which meet the following criteria – outstanding as on 31st March, 2020; and not in Non-Performin […]

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Cabinet Approves Setting Up Of Rs 15000 Crore Animal Husbandry Infrastructure Development Fund 

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15000 crore. Government has been implementing several schemes for incentivizing the investment made by dairy cooperative sector for development of dairy infrastructure. However, gove […]

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Rent day arrives for struggling retailers 

Shops are due to pay their quarterly rent bill on Wednesday as landlords expect a shortfall.

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IMF says decline in global growth worse than forecast 

The International Monetary Fund lowers its economic forecast for this year and next, with Europe facing a big hit.

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Agriculture Department to extend bailout to lobster industry 

The industry has suffered under strained trade relations with China and tit-for-tat tariffs that reduced exports to one of its biggest foreign markets.

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High levels of arsenic found in US Whole Foods’ bottled water brand 

Tests by Consumer Reports find toxic metal in Starkey Spring Water, which was previously recalled for exceeding federal limits, and is sold on AmazonRevealed: millions of Americans can’t afford water as bills rise 80% in a decadeBottled water manufactured by Whole Foods and sold in most of its US stores and on Amazon contains potentially harmful levels of ar […]

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Coronavirus Update: States See Cases Surge, Fifth Avenue Stores Reopen 

CDC Director Robert R. Redfield says the coronavirus has “brought this nation to its knees” as the U.S. sees a surge in cases; luxury stores on Fifth Avenue reopen; a Brazilian court rules President Jair Bolsonaro must wear a mask in public. WSJ’s Shelby Holliday has the latest. Photo: Callaghan O’Hare/Reuters

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Zara and Primark factory workers say they were fired after forming union 

Workers in Myanmar say management targeted union supporters under pretense layoffs were related to coronavirus Hundreds of workers at two factories in Myanmar that produce clothing for Zara and Primark were fired days after forming a union in a move workers say targeted union supporters under the pretense that layoffs were related to the coronavirus. Zara is […]

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Bayer agrees to $10.9bn settlement over Monsanto’s weedkiller Roundup 

Numerous lawsuits have been brought against the pharmaceutical subsidiary over claims the chemical causes cancerGerman pharmaceutical company Bayer says it’s paying up to $10.9bn to settle a lawsuit over subsidiary Monsanto’s weedkiller Roundup, which has faced numerous lawsuits over claims it causes cancer.Bayer said it was also paying up $1.22bn to settle […]

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9 Ways to Lead Your Team Into an Unknowable Future 

Now is the time to lead with purpose, empathy and hope to create a better future for your company.

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It was so crazy’: Man grabs shark with bare hands on Delaware beach in viral video 

A swimmer was captured in a viral video holding a shark with his bare hands off the coast of Cape Henlopen State Park Beach in Delaware.

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The Tech Industry Can Be an Accelerator for Change. Here’s How. 

Instead of focusing entirely on company cultures and HR practices, we need to put our tech to better use.

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California weighs overturning 24-year ban on affirmative action 

Bill comes amid fresh discussion about whether institutions should consider race in admissions and hiring A proposal to repeal California’s 24-year-old ban on affirmative action will go before voters in November after it passed the state senate on Wednesday.The bill would remove rules in California’s constitution, passed in 1996, which bar universities and g […]

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House hearing on William Barr quickly descends into chaos 

House Republicans sought to interrupt the first witness at the hearing after he had exceeded the time allotted for his opening statement.

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Mexican officials raise Oaxaca earthquake death toll to seven 

Aftershocks from the 7.4-magnitude earthquake continued overnight.

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