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Day: May 13, 2020

First dose is liquidity: MSMEs get mega guarantee
Politics

First dose is liquidity: MSMEs get mega guarantee

Written by Sunny Verma , Aanchal Magazine , Anil Sasi | New Delhi | Updated: May 14, 2020 8:56:48 am A total of Rs 3 lakh crore is projected to be disbursed under this scheme that will be open until October 31, 2020. (Express Photo by Arul Horizon) UNION Finance Minister Nirmala Sitharaman Wednesday announced the first tranche of an economic relief plan whose primary focus was to alleviate the sweeping distress in the Micro, Small and Medium Enterprises sector that lies at the heart of the industrial ecosystem and employs an estimated 11 crore persons, including much of the country’s migrant workfor...
Palghar lynching: Six more arrested, juvenile detained
Politics

Palghar lynching: Six more arrested, juvenile detained

Written by Kavitha Iyer , Srinath Rao | Mumbai | Updated: May 14, 2020 8:16:53 am The Maharashtra State Home Department has also acted against the local police for its failure to protect the deceased, sending Palghar SP Gaurav Singh on compulsory leave last week. (File) The Maharashtra Criminal Investigation Department (CID) arrested six more people and detained a juvenile on Tuesday as part of its investigation into the lynching of three men in Gadchinchle village in Palghar district last month. Atulchandra Kulkarni, Additional Director General of Police, CID, said that six men and one juvenile were among t...
Epic Games unveils first look of Unreal Engine 5 – Times of India
Travel

Epic Games unveils first look of Unreal Engine 5 – Times of India

Epic Games has announced the first look of Unreal Engine 5. The reveal was introduced with “Lumen in the Land of Nanite,” a real-time demo running live on PlayStation 5, to showcase Unreal Engine technologies. Unreal Engine 5 will be available in preview in early 2021, and in full release late in 2021, supporting next-generation consoles, current-generation consoles, PC, Mac, iOS, and Android. This demo previews two of the new core technologies that will debut in Unreal Engine 5 that are described below. According to the company, Nanite virtualized micropolygon geometry frees artists to create as much geometric detail as the eye can see. Nanite virtualized geometry means that film-quality source art comprising hundreds of millions or billions of polygons can be imported directly into U...
Kim Jong-un’s mystery: Here is a new revelation | ABP Special
Business

Kim Jong-un’s mystery: Here is a new revelation | ABP Special

When the world is fighting against a global pandemic, the suspense over North Koren leader Kim Jong-un is getting deeper each day. The mystery around his health is yet to be solved. As per a recent development, Kim Jong-un will himself provide the proofs of him being completely fine.<br /><br Source link
FM Sitharaman unveils phase 1 of economic package | ABP Special
Business

FM Sitharaman unveils phase 1 of economic package | ABP Special

Updated : 13 May 2020 09:02 PM (IST) On Tuesday, Prime Minister Narendra Modi announced an economic package of Rs 20 lakh crore to kickstart the economy that has been on a standstill due to the lockdown. On Wednesday, Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur unveiled phase 1 of the economic plan in which relief measures were announced for MSME and NBFC sector. In addition, a reduction in TDS was also announced. Source link
US NSA claims, China responsible for 5 plagues in 20 years | ABP Special
Business

US NSA claims, China responsible for 5 plagues in 20 years | ABP Special

Updated : 13 May 2020 08:51 PM (IST) United States National Security Advisor has launched a scathing attack against China and its record over the pandemic that allegedly originated from its land. NSA Robert O'Brien has said that as many as five plagues have come out of China in the last 20 years. He added that at some point it has to stop. The anger against China in the United States over the Coronavirus (Covid-19) pandemic is palpable with President Donald Trump blasting the Chinese President Xi Jinping every other day. Source link
Suburbs most at risk of job losses
Gaming

Suburbs most at risk of job losses

The economic shock of the COVID-19 crisis has already caused job losses across the country.But the worst is still yet to come.Treasury is forecasting the unemployment rate to reach about 10 per cent, or 1.4 million unemployed, in the June quarter.This 5 percentage point increase in the unemployment rate is expected to unfold over three months, compared to the three years it took the unemployment rate to rise by the same amount in the economic downturn of the 1990s.Now researchers have mapped the areas most at risk across the country.The Employment Vulnerability Index (EVI) uses Australian Bureau of Statistics Census data to calculate an index score for towns and cities with a population of more than 10,000 people.RELATED: Graph points to ‘unprecedented’ Australian job collapseRELATED: ...
70% Indian car buyers will avoid dealership visits post-lockdown: Survey – Times of India
Politics

70% Indian car buyers will avoid dealership visits post-lockdown: Survey – Times of India

NEW DELHI: The Covid-19 pandemic is profoundly changing automotive buyer's behavior and a consumer behavior survey suggests 70 per cent of them would avoid dealership visits to compare financing and deals post Covid-19 lockdown. Cashing in on digital platform, Maruti Suzuki, Hyundai, Honda Cars and other leading carmakers have increased their presence, level of interaction with customers and queries through their official website. Mercedes Benz, BMW, Audi and other luxury carmakers have also joined the digital bandwagon, delving greatly into the augmented reality to woo customers. According to a survey done by Capgemini Research Institute, there is a paradigm shift in consumers preferring to interact with digital dealerships. "Globally, 46% of consumers prefer to avoid visiting dealer...
China to test people in Wuhan city for COVID-19 in next 10 days
Business

China to test people in Wuhan city for COVID-19 in next 10 days

Updated : 13 May 2020 02:44 PM (IST) The Wuhan city of China, where the virus first emerged is once gain in the grip of deadly COVID-19. As per the reports, China will test people living in the Wuhan city for the novel coronavirus. So far, China has reported 4633 death due to COVID-19. In last 30 days, 6 new cases have been reported. Source link
Singapore to conduct COVID-19 test for over 3 lakh migrant workers
Business

Singapore to conduct COVID-19 test for over 3 lakh migrant workers

Updated : 13 May 2020 02:38 PM (IST) To combat the deadly coronavirus, the government of Singapore has decided to test the migrants living in the country. The government will test over 3 lakh migrants. So far Singapore has reported 25346 COVID-19 cases. While 21 people have lost their lives due to novel coronavirus. The Singapore model in combating COVID-19 is hailed by the world. Source link
Chia vs sabja seeds: Here’s the difference
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Chia vs sabja seeds: Here’s the difference

By: Lifestyle Desk | New Delhi | Updated: May 18, 2020 8:05:58 pm There seems to be a lot of confusion between the two; with some people even thinking they are one and the same. (Source: Getty Images/Thinkstock) When it comes to immunity-boosting foods, many people wonder whether chia seeds are basil or sabja as both look similar at first glance. Clearing the air, dietitian Lavleen Kaur and nutritionist Pooja Makhija recently shared about the difference between the two on Facebook and Instagram respectively. So, if you were ever confused about them, here is everything you need to know. There seems to be a lot of confusion betwe...
How Satellite Tracking Is Helping Scientists Understand Cuckoos – The Wire Science
Science

How Satellite Tracking Is Helping Scientists Understand Cuckoos – The Wire Science

Five cuckoos, one Oriental Cuckoo and four Common Cuckoos (they look very similar but sound different and are different species) were fitted with transmitters in June last year around the Khurkh Bird Banding Centre in Northern Mongolia. These birds take advantage of the explosion of insects in the summer in Siberia to breed. By autumn, they fly to warmer places and their long-distance flights are mostly by night. Since 2009, these birds have been on the Red List of Birds of Conservation Concern. The transmitters, which fit as small backpacks, send signals that satellites orbiting the Earth pick up. This helps scientists trace the flight path of the birds, which migrate not in groups but often as solitary travellers. On occasion, small groups may also be found. The project, a partnershi...
21-yr-old migrant headed to Odisha from Telangana, walks 300 km, dies of sunstroke
Politics

21-yr-old migrant headed to Odisha from Telangana, walks 300 km, dies of sunstroke

A 21-year-old migrant worker collapsed and died, apparently of sunstroke at Bhadrachalam on Tuesday after walking 300 km from here with three friends to try and reach Odisha in view of the lockdown, officials said.The group had set out on foot from Hyderabad on Sunday and were on their way to Malkangiri district in Odisha, they said.When they reached Bhadrachalam, the man complained of chest pain, vomited and collapsed on the road.His friends informed police, who rushed him to the area hospital at Bhadrachalam, where he was declared brought dead.The doctors at the hospital said they suspected he might have died of sunstroke as his skin and mouth was dry.They quoted his friends as saying that none of them had eaten anything since Monday afternoon.Officials later informed th...
Coronavirus lockdown: Video call fatigue is real
Uncategorized

Coronavirus lockdown: Video call fatigue is real

For those confined to their homes due to the never-ending lockdown, video calls have emerged as a crucial way to hold work meetings remotely, catch up with friends and family, or even have a party. But for all its benefits, this reliance has given rise to a new problem: video call fatigue. Irrespective of the platform, users are finding out that a part of so many video conferences is getting exhausting. Since the lockdown began, there has been a sudden spike in the mention of “video call fatigue” on social media and more people are looking up the term on Google.“These video calls go on and on, and get draining after some time. I feel more tired now than when I was working 10 hours in the office,” says Jhanvi Karnik, a marketing manager. One reason for this exhaustion is th...
India’s 20 Lakh Crore Stimulus Package Almost Equal To Pakistan’s GDP
Business

India’s 20 Lakh Crore Stimulus Package Almost Equal To Pakistan’s GDP

The value of India's stimulus package is almost equivalent to Pakistan's annual GDP of $284 billion, according to the World Bank estimate for the neighbouring nation. By : ABP News Bureau | 13 May 2020 12:54 PM (IST) People sit while maintain social distancing for food distribution after the government eased a nationwide lockdown imposed as a preventive measure against the COVID-19 coronavirus, in Quetta on May 12, 2020. (Photo by Banaras KHAN / AFP) New Delhi, May 13: With global economies taking a severe hit due to Covid-19 induced lockdown bringing several economies to their knee, it is estimated that Pakistan may post a GDP loss of 5.5 per cent if the lockdown continues for ni...
Auto dealers find way to clear BS-IV stock
Business

Auto dealers find way to clear BS-IV stock

Several automobile dealerships across India have registered a large number of unsold Bharat Stage-IV (BS-IV) vehicles under proxy owners to sell them eventually in the pre-owned segment, said executives at several dealerships.More two-wheeler dealers are resorting to this measure than car and commercial vehicle dealers due to the comparatively large number of unsold BS-IV scooters and motorcycles, the executives said.The dealers were unable to clear their inventory before the Supreme Court’s deadline of April 1 because of the nationwide lockdown, they said. The dealers now plan to sell the pre-registered BS-IV vehicles in the open market once the lockdown is lifted and the markets recover, the dealers said, requesting anonymity. The vehicles are however, likely to fetch th...
Social media influencers could encourage teens to follow social distancing guidelines
Uncategorized

Social media influencers could encourage teens to follow social distancing guidelines

In a breakthrough study, researchers suggest that public health bodies should consider incentivising social media influencers to encourage adolescents to follow social distancing guidelines. They say that peer-to-peer campaigns are likely to be more successful in changing attitudes, given the fact that adolescents are choosing to ignore the guidelines set out by governments during the COVID-19 pandemic.According to Jack Andrews at the UCL Institute of Cognitive Neuroscience, and first author of the paper, “For many people, adolescence - between the ages of 10 and 24 - is when you want to be making more social connections, not losing them. It’s also a time of increased risk-taking and sensitivity to peer influence. For some adolescents, it’s a challenge to stick to social d...
Reverse migration, dip in output spell tough times for industries
Politics

Reverse migration, dip in output spell tough times for industries

As thousands of migrant workers return home amid a slump in demand, industries are looking at a difficult road ahead in terms of full resumption of operations even as governments are working on incentives for them to boost production.Prime Minister Narendra Modi on Tuesday announced a ₹20 lakh crore stimulus package aimed at making India self reliant, with a special focus on economy and industry. The PM said that the package will lead to reforms in land, labour, liquidity and laws, and would provide relief to small and medium enterprises, which employ most of the migrant workers. Resumption of industries could help state governments deal with reverse migration of workers and improve state finances, which have been wrecked by the national lockdown that was first imposed on ...
Factory output fell by record 16.7% in March
Business

Factory output fell by record 16.7% in March

India’s factory output shrank by a record 16.7% in March as economic activity came to a standstill because of ongoing nationwide lockdown, prompting the government to announce a massive fiscal stimulus plan to revive industrial activity. “The picture for April would be worse with virtually nil growth in most sectors, which will mean a very large dip in growth rate in manufacturing. Only some segments like food and pharma could show positive growth,” said Madan Sabnavis, chief economist at Care Ratings.The lockdown, which came into effect on March 25, also impacted data collection for both the index of industrial production and consumer price index (CPI); so much so that the National Statistical Office did not release the retail inflation number for April. It only released ...
225 passengers arrive at Mumbai airport from Malaysia as part of Vande Bharat Mission
Politics

225 passengers arrive at Mumbai airport from Malaysia as part of Vande Bharat Mission

Under the Vande Bharat Mission, Air India’s repatriation flight AI-1377, carrying 225 passengers from Kuala Lumpur, Malaysia arrived at Mumbai’s Chhatrapati Shivaji International Airport early on Wednesday.The evacuation operation is part of the country’s largest-ever initiative to bring back Indian nationals amid the coronavirus-induced lockdown.Similarly, an Air India repatriation flight carrying 169 medical students from Dhaka in Bangladesh reached Srinagar on Tuesday.“Indian Embassy in Bangladesh and Indian Govt helped us a lot. We are happy to be back. We are thankful to the Indian Government,” one of the medical students said.Click here for full Covid-19 coverageMinistry of Civil Aviation had said that a total of 6,037 Indians have been flown back to India in 31 inbo...