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India's merchandise exports plunged over 36% in May
India's merchandise exports plunged over 36% in May

New Delhi, Covid-19 continued to subdue global trade and consequently plunged India's merchandise exports in May by over 36 per cent on a year-on-year basis.

India's exports fell to $19.05 billion during the month under review from $29.99 billion reported for the corresponding period of the previous y ear.

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Equity indices plunge on global cues, RIL hits record high
Equity indices plunge on global cues, RIL hits record high

Mumbai, The Indian equity indices slumped on Monday, tracking a global selloff induced by fears of resurgence in coronavirus cases across countries.

However, bucking the larger trend, shares of Reliance Industries (RIL) touched a record high of Rs 1,626.70, on the back of the latest investments into Jio Platforms.

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Pentagon reaffirms 'robust' defensive posture after N.Korea threats
Pentagon reaffirms 'robust' defensive posture after N.Korea threats

Washington/Seoul, The Pentagon has reaffirmed its commitment to keeping a "robust" combined defensive posture to respond to any situation involving North Korea, after Pyongyang hinted at military action against South Korea, it was reported on Monday.

On Saturday, Kim Yo-jong, the sister of North Korean l

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Hong Kong Disneyland Resort to reopen on Thursday
Hong Kong Disneyland Resort to reopen on Thursday

Hong Kong, Hong Kong Disneyland Resort will reopen on Thursday after being closed for almost five months because of the coronavirus pandemic, the theme park announced on Monday.

In a statement, the park on Lantau Island said during the initial reopening phase, all guests, including park ticket holders and members,

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S'pore employment sees biggest ever decline in Q1
S'pore employment sees biggest ever decline in Q1

Singapore, Singapore witnessed the biggest ever decline in the number of employed people at the end of March compared to the end of last year, the Ministry of Manpower said on Monday.

The number of people working, excluding maids, fell by 25,600 in the three months to March 31, the biggest quarterly contracti

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Int'l flights to remain suspended in Saudi until further notice
Int'l flights to remain suspended in Saudi until further notice

Riyadh, International flights from and to Saudi Arabia will remain suspended until further notice amid the COVID-19 pandemic, flag carrier Saudia said.

Flights will resume gradually and the schedule will be announced through official channels, Gulf News quoted the airlines as saying in a tweet on Sunday.

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'Lese majeste not enforced after Thai King advised against it'
'Lese majeste not enforced after Thai King advised against it'

Bangkok, Thailand's draconian lese majeste law has never been practically enforced in the last few years because King Maha Vajiralongkorn advised against the use of it, Prime Minister Prayut Chan-o-cha said on Monday.

Prayut confirmed the authorities have not arrested and prosecuted anyone on lese majeste char

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Macron announces significant lifting of restrictions
Macron announces significant lifting of restrictions

Paris, French President Emmanuel Macron has announced a number of coronavirus restrictions were being lifted in the country which will allow cafes and restaurants to reopen across the country as well as, travel to other European countries, it was reported on Monday.

Macron first imposed a strict lockdown on March

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Ex-US marine jailed in Russia on spying charges
Ex-US marine jailed in Russia on spying charges

Moscow,  A Russia court on Monday sentenced former US marine Paul Whelan to 16 years hard labour on spying charges in the country.

He was arrested in a hotel room in Moscow 18 months ago with a USB flash drive which security officers say contained state secrets, said a BBC report.

The Moscow Ci

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Long queues as shops reopen in England after lockdown
Long queues as shops reopen in England after lockdown

London, Long queues were reported outside shops in England on Monday as COVID-19 rules were relaxed after a three month lockdown.

All shops in England were now allowed to open, although retailers have had to introduce strict safety measures, the BBC reported.

Queues were seen outside Primark shops i

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