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Freedom 251: FIR Against Ringing Bells Premature, Says Allahabad High Court

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In a major relief to the makers of ‘Freedom 251’ smartphone, the Allahabad High Court on Friday said the FIR filed against the Ringing Bells Pvt. Ltd. – the Noida-based firm that created a global buzz afterannouncing the launch of the controversial smartphone in February – seemed premature. A division bench comprising Justices B.K. Narayan and R.N. Mishra ordered that no coercive step be taken against the company’s officials and their business till the next hearing on May 18. During the course of hearing, the bench kept on asking the…

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Don’t Blame Your Genes for High Cholesterol

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Genetic mutations that can be blamed for unusually high cholesterol are far rarer than previously thought, existing in only about two percent of the population, researchers said on Sunday. Previous studies have suggested that as many as 25 percent of people with very high cholesterol – defined as low-density lipoprotein (LDL) cholesterol levels of 190 mg/dl or higher – could blame their condition on their genes. LDL is widely known as “bad cholesterol” because it leads to buildup of harmful plaque in the arteries. “Many clinicians assume that patients with…

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Oil Jumps As Yuan Hits 2016 High; Investors Put Fresh Cash Into Oil

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Singapore: Oil prices jumped on Friday supported by fresh investment and a weaker dollar, which makes fuel cheaper for importers using other currencies, but analysts warned that a stronger price rally was premature as a global glut remained in place. U.S. crude futures were trading at $38.64 a barrel at 0749 GMT, up 80 cents and over 2 percent from their last close. Traders said reports that commodity merchant Gunvor was the latest company to export U.S. sweet crude also supported WTI prices. Brent crude futures were at $40.70 a…

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