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Canada renews calls for China to release charged pair !!

Toronto: Canada is working “very actively” to bring home two of its citizens charged with spying in China, Canadian Prime Minister Justin Trudeau has said. Michael Kovrig and Michael Spavor were detained in China in December 2018 but were only charged on Friday. Their arrests came just days after Meng Wanzhou – an executive of the Chinese giant Huawei – was detained in Vancouver, at the request of the US. China denies that the arrests were in retaliation for Ms Meng’s detention. Mr Trudeau said he was “concerned and disappointed”…

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PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India !!

New Delhi: PM Modi launches ‘Garib Kalyan Rojgar Abhiyaan’ to create infra, jobs in rural India. Prime Minister Narendra Modi on Saturday launched ‘Garib Kalyan Rojgar Abhiyaan’ to boost livelihood of opportunities in rural India amid the COVID-19 crisis. The Prime Minister flagged off the Abhiyan from village Telihar in Bihar’s Khagaria district via video-conferencing. The campaign of 125 days across 116 districts in 6 states aims to work in mission mode to help the migrant workers. It will involve intensified and focused implementation of 25 different types of works…

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Mukesh Ambani Makes Reliance Net Debt-Free Ahead Of Its March 2021 Target !!

Mumbai: India’s most valuable company Reliance Industries Limited has managed to become net debt-free almost nine months ahead of its set target, thanks to the INR 168,818 Cr fundraising in the last eight weeks. The Mukesh Ambani-led company has raised INR 1.15 Lakh Cr from global tech investors like Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, Abu Dhabi Investment Authority, L Catterton and Public Investment Fund by selling less than a quarter for its digital arm Jio Platforms. Reliance Industries’ chairman and managing director Ambani said, “Over…

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Power markets prefer renewable energy amid falling demand: Moody’s

New Delhi: The clean energy transition might be accelerated due to the covid-19 pandemic that has shown that power markets prefer renewable energy amidst falling demand, a Moody’s report suggests. “Coal generation has continued to decline, while renewables have shown more resilience across major markets in the US, Europe, China and India,” stated the report. The power demand in India has fallen by 20% due to the lockdown, with most of the impact on coal generation, they added. Both corporate as well as household power demand are expected to be…

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LinkedIn Publishes New Guide on Using its Events and Live-Streaming Tools !!

  With an increasing amount of events going online due to the COVID-19 shutdowns, LinkedIn has this week published a new guide on how you can use its event and live-streaming tools to run engaging digital functions. LinkedIn first launched its native events function in October last year, but made it available to all businesses back in April in order to cater to demand for online event options. LinkedIn expanded on this in May by adding live-streaming functionality within events. The new guide looks at how to utilize these options to best effect, and includes a range…

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Massive spying on users of Google’s Chrome shows new security weakness !!

San Francisco:  A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google‘s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry’s failure to protect browsers as they are used more for email, payroll and other sensitive functions. Alphabet Inc’s Google said it removed more than 70 of the malicious add-ons from its official Chrome Web Store after being alerted by the researchers last month. “When we are alerted of extensions in the Web Store that violate our policies, we take action and use those…

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From infrastructure to hi-tech: Mapping China’s large trade footprint in India !!

New Delhi:  The deadly border skirmishes between India-China have cast a cloud over trade relations, which have seen the latter rapidly expand its footprint in the Indian economy, spanning infrastructure, physical goods and hi-tech, with the value of total bilateral trade surging 20% in the last six years, according to official data. At least some of this surge, experts admit, has come at the cost of local industry. Chinese firms have ploughed huge investments into some of the country’s most iconic tech brands, such as the ride-hailing service Ola, a…

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Advertisers resume spending on ad campaigns to lure buyers !!

New Delhi:  As lockdown across the country eases, advertisers have loosened their purse strings and resumed spending on ad campaigns to lure buyers. Within days of malls, shopping complexes and airports opening advertising spends have gone up, with volumes touching almost 30-40% of the pre-covid days, say top media buyers in the country. “Things are much better now as malls and several shopping complexes have reopened. In two weeks we expect more people to come put of their houses. July onwards things will be much better,” said Naveen Khemka, CEO…

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CAIT appeals to celebrities to stop endorsing Chinese products !!

  NEW DELHI: Traders’ body CAIT on Thursday appealed celebrities to stop endorsing products of Chinese brands as a mark of respect for Indian soldiers who laid down their lives in the Galwan Valley attack in Ladakh. In an open letter, the Confederation of All India Traders (CAIT) has appealed Aamir Khan, Deepika Padukone, Katrina Kaif, Virat Kohli and others to stop endorsing Chinese products. It has also invited Amitabh Bachchan, Akshay Kumar, Shilpa Shetty, Madhuri Dixit, Mahendra Singh Dhoni, Sachin Tendulkar and others to join the campaign to boycott…

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Amazon ‘thwarts largest ever DDoS cyber-attack’   !!

  Amazon says its online cloud, which provides the infrastructure on which many websites rely, has fended off the largest DDoS attack in history. Distributed denial of service (DDoS) attacks are designed to knock a website offline by flooding it with huge amounts of requests until it crashes. Amazon Web Services (AWS) said the February attack had fired 2.3Tbps. That is a little under half of all traffic BT sees on its entire UK network during a normal working day. The previous record, set in 2018, was 1.7Tbps. “This is…

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