Author: PTI

Sales of non-essential items on e-commerce platforms in the first week of May were lower than last year on account of lockdown, but orders are scaling fast with people buying apparel, smartphones and grooming products among other items, according to industry executives.

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Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly $2 billion PNB fraud and money laundering case, appeared via videolink before a UK court on the first day of his five-day extradition trial on Monday, taking place in a part-remote setting due to the coronavirus lockdown.

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Union Minister Nitin Gadkari has said he expects the Centre to unveil a financial package in two-three days, observing that the situation “was very bad” despite the three-month moratorium on loan repayments announced by the RBI.

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