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Indian State Retailers' April Petrol Sales Down 61%, Diesel by 57%: Sources

The state retailers' petrol and diesel sales in first half of April declined by 61% and 64%, respectively, as a nation-wide lockdown to curb the spread of the coronavirus brought economic activity to a standstill.




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Average Daily Aadhaar-enabled Transactions Double; Over Rs 16K Cr Disbursed During Lockdown: FinMin

As many as 43 crore transactions leading to disbursement of Rs 16,101 crore took place during the lockdown period, the Finance Ministry said in a tweet on Monday.




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Tata Steel Leaves Indian Steel Association; TV Narendran Steps Down as President

An ISA official also confirmed Narendran's resignation but said the reason for his sudden resignation is not known yet.




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Sensex Gives up Early Gains to End 262 Points Lower; Financial Stocks Tank

Slumping over 810 points from the day's high, the 30-share BSE index settled 261.84 points or 0.83 per cent lower at 31,453.51.




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Cash Transfers, Food For All: How Govt May Balance Fiscal Concerns with Growing Hunger & Poverty

India has provided a stimulus which doesn’t even equal a percent of the country’s GDP when other countries have already pumped funds far in excess into their respective economies.




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State-owned Bank NPAs May Rise in FY21, Govt's Fiscal Deficit to Widen: Bank Of America

Analysts agree that Covid-19 pandemic will lead to an increase in bank's gross non-performing assets with some reports pegging the stock to double as well.




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Sensex Drops Over 200 Points in Early Trade, Nifty Below 9,200 Amid Covid-19 Concerns

ITC was the top loser in the Sensex pack, tanking nearly 6 per cent, followed by Axis Bank, Titan, Bajaj Auto, Maruti, M&M, L&T and IndusInd Bank.




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Asia Gasoil Margins Drop to Record Low Amid Signs of Indian Export Surge

India's April gasoil exports closed at a four-month high of 2.73 million tonnes, compared with 2.53 million tonnes in March, according to Refinitiv oil research assessments.




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EPFO Allows Employers to Register Digital Signatures via Email

Currently, authorised persons of employers have to go to the Employees' Provident Fund Organisation (EPFO) offices to get their digital signatures registered.




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Govt Allows Businesses to Verify Monthly GST Return through EVC

Currently, businesses are required to digitally sign GSTR-3B form while filing monthly return and paying taxes.




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Oil Gains as US Inventories Grow Less Than Feared While Coronavirus Slashes Demand

While prices have risen sharply since late April as some countries have started easing lockdowns put in place to combat the worst pandemic in a century, oil continues to be pumped into storage, leaving a massive mismatch between demand and supply.




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Coronavirus Lockdown: India's Coal Import Declines by 29 Percent in April

Coal Minister Pralhad Joshi had earlier written to state chief ministers asking them not to import dry-fuel and take the domestic supply of fuel from Coal India Ltd.




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Petrol, Diesel to Cost More in Rajasthan with Third Hike in VAT Rates amid Covid-19 Lockdown

The state government on Thursday increased the VAT on petrol to 38 per cent from 36 per cent earlier while on diesel to 28 per cent from 27 per cent earlier.




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Government Should Now Let the Economy Function Post-lockdown: Kaushik Basu

The global market is fearing that India would slide into a 'controlled economy', which would be very damaging, Basu added.




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India's Rating Outlook Reflects Rising Risk of Slower GDP Growth, Low Policy Effectiveness: Moody's

Moody's Investors Service on Friday said the negative outlook on India's rating reflects increasing risks that GDP growth will remain significantly lower than in the past and partly hints at weaker policy effectiveness to address economic and institutional issues.




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India May See 0% GDP Growth This Fiscal Year, Says Moody's

The ratings agency said it expected India to see no growth in financial year 2021 and bounce back to a 6.6% GDP growth in FY22.




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Equity Mutual Fund Inflows Hit 4-month Low of Rs 6,108 Crore in April

Overall, the mutual fund industry witnessed net inflows of Rs 45,999 crore across all segments, data by the Association of Mutual Funds in India showed on Friday.




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Coronavirus Lockdown: PSBs Have Sanctioned Loans Worth Rs 42,000 Crore To MSMEs, Corporates So Far

Many MSMEs and corporates have also availed the three-month moratorium offered by banks as per the Reserve Bank of India




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Covid-19 Impact: Govt Hikes Market Borrowing Limit To Rs 12 Lakh Crore For Financial Year 20-21

Finance Minister Nirmala Sitharaman in her Budget for 2020-21 had pegged gross borrowing in the new financial year at Rs 7.8 lakh crore, higher than Rs 7.1 lakh crore estimated for 2019-20.




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Lockdown-hit Industry Demands Suspension of Labour Laws For 2-3 Years

The employers' organisations also sought relaxation of the provisions of the Industrial Disputes Act to treat the lockdown period as lay-off.




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India's Fuel Demand Dips Over 45% in April Amid Covid-19 Lockdown: Govt Report

Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes - its lowest since 2007, government data showed on Saturday.




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Here's All You Need to Know About Sovereign Gold Bond Scheme Opening on Monday

While the first instalment of the SGB 2020-21 series was open for subscription from April 20 to 24, the current issue will be open from May 11 to May 15.




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Govt Disburses Rs 18,253 Crore to 9.13 Crore Farmers Under PM-KISAN Scheme During Lockdown

Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account.




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New Zealand Warriors Coach Urges Players to Help NRL Restart by Following Covid-19 Rules

Stephen Kearney sees this as a chance for Australia's National Rugby League to be one of the first sports in the world to emerge from Covid-19 shutdown.




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Novak Djokovic May Have Broken Covid-19 Lockdown Rules in Spain by Returning to Tennis Court

Novak Djokovic posted a video showing him exchanging shots with another man at clay court in the coastal city of Marbella.




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Egyptian Tennis Player Follows Brother in Receiving Life Ban

Egypt's Youssef Hossam received life ban for match-fixing and his brother has got the same two years ago for corruption.




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Kashmir Athletes Struggle to Practice During Coronavirus Lockdown

Kashmiri athletes like Afreen Hyder, Aijaz Hassan, Vilayat Hussain and more have to make do with the restricted spaces and still stay fit during Covid-19 lockdown.




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Use International Players as Coaches for Youngster During Coronavirus Lockdown: PV Sindhu

PV Sindhu said that senior Indian players with international experience can coach and help youngsters during the coronavirus lockdown.




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Spanish Club Says it Mistakenly Allowed Novak Djokovic to Train Against Covid-19 Rules

Novak Djokovic published a video of him training on Monday in apparent violation of Spain's current rules amid the coronavirus pandemic.




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Anti-doping Hearings to be Conducted Online Amid Covid-19 Lockdown: NADA Director General

NADA hearings have not been taking place due to the lockdown to contain the Covid-19 pandemic.




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Paris 2024 Organisers Vow To Not Change Olympic 'DNA'

Organisers of Paris 2024 Summer Games said that their budget has not changed despite the coronavirus pandemic




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Hugs, Rugby on Agenda as New Zealand Continues to Ease Coronavirus Lockdown

Under New Zealand's four-tier alert system, social distancing protocols are enforced less stringently under level two, allowing contact sports including the national game of rugby union.




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Taiwan Baseball League Set to Allow Fans Back in Ballparks from Friday

The China Professional Baseball League said up to 1,000 people would be permitted to enter ballparks from Friday.




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Taiwan Baseball Draws Foreign Fans Amid Scarce Live Sports Due to Covid-19 Shutdown

Taiwan's baseball league games are being streamed with English commentary, racking up millions of views for matches featuring cardboard cut-outs of fans and robots beating drums.




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'Indian hero': Moldovan Tennis Player Dmitrii Baskov Feeds Poor in Ahmedabad Amid Covid-19 Lockdown

Dmitrii Baskov had come to India in January to visit a tennis academy and got stuck due to Covid-19 lockdown but is helping feel Ahmedabad's poor.




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NFL great Brett Favre Denies He Was Paid for No-show Speeches

Brett Favre said he never 'no-showed' anyone for advertisements, speaking engagements of anything like that.




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Ultimate Fighting Championship Returns After Seven-week Sporting Shutdown

UFC chief Dana White touts the return of the mixed martial arts as a step toward normalcy and a boon for sport-starved fans.




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Some NBA Clubs Allowed to Test Players for Coronavirus: Report

Testing could allow some teams to feel more secure about safety concerns at facilities and encourage more players to participate.




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Sports Minister Kiren Rijiju Charts Way for Sports to Return to Normalcy After Covid-19 Lockdown

Kiren Rijiju said coronavirus has changed everything and sports need to be conducted in a new way




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UP-Valsad bond going strong for five decades now




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DGVCL asks textile unit owners to pay dues by May 15




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Gas leak: 500kg neutralizer from Vapi flown to Visakhapatnam

Around 500kg of specialized chemical to neutralize the effect of chemical leakage from LG Polymer plant at Gopalapatnam on the outskirts of Visakhapatnam, was airlifted from Daman in an Indian Coast Guard plane on Thursday afternoon.




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Private bus owners suspend service




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Cobie Smulders Defends Controversial 'How I Met Your Mother' Ending

Cobie Smulders said that fans binge-watching the show on Netflix were more likely to find it frustrating than those who had seen when the show aired on TV.




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Athiya Shetty Posts Throwback Pic From Her Thailand Getaway; Fans Wonder Why She Cropped KL Rahul

Rumours of Athiya and KL Rahul's alleged relationship surfaced last year, after the cricketer posted an adorable birthday wish for her on social media.




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Anupam Kher Grows a Beard After 37 Years, See Pic

Amid the lockdown, veteran actor Anupam Kher has decided not to shave and let his beard grow.




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Reunited With His Favourite Person: Riddhima Posts Throwback Pic Of Rishi Kapoor With Krishna Raj

Rishi Kapoor died in Mumbai on the morning of April 30. Just the night before, Riddhima was granted permission to drive to Mumbai from Delhi. Riddhima is a jewellery designer and lives with her husband and daughter in Delhi.




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Richa Chadha, Kalki Koechlin, Amyra Dastur, Pulkit Samrat Talk Gender Parity During Lockdown

In a video put together by Women in Films and Television India, the campaign, supported by these celebrities, takes stock of the issues borne out of vulnerable mental health caused by the lockdown.




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Throwback Pic of Pregnant Kareena Kapoor Posing with Ibrahim, Sara Ali Khan is Unmissable

An old pic of Kareena Kapoor is making rounds on the internet where she is seen posing with the sibling duo -- Ibrahim and Sara Ali Khan-- flaunting her baby bump.




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Growing Up, No One Looked Like Me On TV, Says Mindy Kaling

Mindy Kaling talked about how things have changed for women of colour in the West. Mindy is garnering praises for her new show in Netflix Never Have I Ever.