Rishi Sunak's tweet lands tea company in hot water



In a Twitter post last Friday, the 39-year-old son-in-law of Infosys co-founder Narayana Murthy is seen holding a bag of Yorkshire Tea along with the message: ‘Quick Budget prep break making tea for the team. Nothing like a good Yorkshire brew.’ It attracted a host of trolls and negative reactions, largely directed against the ruling Conservative Party but also targeted at Yorkshire Tea — one of the UK’s oldest tea brands.



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Coronavirus fear: Govt plans to rework supply chain



To address the supply crunch, CII has suggested leveraging the existing excess capacity in the Indian industry; rolling back import duty hike to look for alternative sources of imports; expanding credit to manufacturing units with quick loan sanctions, and one-time emergency waiver of non-performing asset regulations for three months.



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May make a tremendous deal: Trump ahead of India visit



‘We’re only making deals if they’re good deals because we’re putting America first. Whether people like it or not, we’re putting America first’



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AI to the rescue in fight against coronavirus



Artificial intelligence is being used to mine data to identify and isolate potential carriers and victims, and to guesstimate the likely course of the disease. AI is also being used to try and generate vaccines, and to identify existing drugs, to combat the new virus, says Devangshu Datta.



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'India bigger problem than China on climate change'



India poses a “bigger problem” than China when it comes to fighting climate change, particularly on reducing carbon emissions, Democratic presidential aspirant and former New York mayor Michael Bloomberg has claimed. During his maiden appearance on a Democratic presidential primary debate in Las Vegas on Wednesday, Bloomberg said it was “ridiculous” of the Trump administration to take the US out of the 2015 Paris climate agreement, as he outlined his approach to tackling climate change.



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How NIIT became a big success in China



The job placement rate for students trained by NIIT in China is over 90 per cent.’ A revealing excerpt from Saibal Dasgupta’s Running With The Dragon: How India Should Do Business With China.



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'Nearly half the economy is not running'



‘Now, look at the management of the economy. There could be a bad situation, but you must know how to manage it. We had bad situations in 1997…2008. We had a difficult situation in 2013, but they were managed… In the current year, that is 2019-20, you promised a nominal GDP growth of 12 per cent. The year ended with about 8.5 per cent. ‘You promised a fiscal deficit of 3.3 per cent; the year will end, according to the Budget document, at 3.8 per cent, but, even that has a big question mark around it. Revenue deficit, you promised 2.3 per cent, the year will end with 2.4 per cent.’ In his speech in the Rajya Sabha during a debate on the Union Budget on February 10, 2020, former finance minister P Chidambaram tore into the government.



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Explained in Charts: How AAP managed Delhi's finances



The size of Delhi’s Budget is close to Rs 55,000 crore, or about 6 per cent of its gross state domestic product (GSDP). What set the state apart is that in the last decade, its fiscal deficit hardly crossed 1 per cent of GSDP, while many other states grappled to contain it within 3 per cent. This was largely possible due to the revenue surplus position, reports Abhishek Waghmare.



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Wholesale price inflation touches 3.1%



The rate of price rise for food articles stood at 11.51 per cent during January as against 2.41 per cent a month earlier, while for non-food articles it rose nearly three-fold to 7.8 per cent from 2.32 per cent in December, the data released by the ministry of commerce and industry on Friday showed.



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Narayana Murthy's son-in-law named UK finance minister



The MP for Richmond in Yorkshire, married to Murthy’s daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson’s strategy to leave the European Union.



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