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A day after WHO declared emergency over the "explosive" spread of the mosquito-borne Zika virus, the Centre on Tuesday issued detailed guidelines for combating the disease, including a travel advisory that asks pregnant women to either defer or cancel their travel to the affected areas. In a related development, according to reports, Bharat Biotech, a city-based vaccines and bio-therapeutic manufacturer, on Tuesday claimed to have achieved a breakthrough in developing a vaccine to fight the dreaded mosquito-borne Zika virus, which causes serious birth defects in children. (PTI)
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As MGNREGA completes 10 years, the Narendra Modi government, which had earlier appeared critical of the UPA's flagship rural job scheme, hailed the measure saying the achievements of a decade are a "cause of "national pride and celebration". (PTI)
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RBI Governor Raghuram Rajan on Tuesday left the key policy rate unchanged but indicated at accommodative stance saying with "inflation moving closer to the target" there would be more room for rate cut to support growth. (PTI)
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Despite developed markets on a weaker footing, India's growth cycle appears to be holding up and is likely to clock 7.6 per cent this fiscal, which may further improve to 7.8 per cent in the next financial year, a Nomura report says. (PTI)
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Reserve Bank maintaining status quo on monetary policy failed to cheer investors as the benchmark BSE Sensex plunged by 285.83 points to 24,539 on Tueesday, while global cues were also bearish on fresh slide in crude oil prices. The NSE Nifty broke below the 7,500-mark by tumbling 100.40 points or 1.33 per cent to 7,455.55. Intra-day, it shuttled between 7,576.30 and 7,428.05.
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The BSE Sensex took off on a positive note at 24,868.21 and advanced to the day's high of 24,928.75 after RBI left the key interest rate unchanged in 6th bimonthly policy review. Higher levels could not be sustained as participants locked in gains amid a weak opening in Europe. The index finally settled 285.83 points or 1.15 per cent down at 24,539 after hitting a low of 24,460.53. (PTI)
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The rupee extended its loss for the second straight day, slipping by another 14 paise to 67.98 per dollar on sustained demand for the US currency from banks and importers amid a massive fall in equities as the Reserve Bank kept its key policy rate unchanged. (PTI)

Perplexity CEO Aravind Srinivas congratulates Sridhar Vembu as Arattai jumps from 3,000 to 350,000 sign-ups within days of its launch