Banking space to see more pain going forward: Siddhartha Khemka

Beaten down banking and industrial stocks likely to outperform in near term: Taher Badshah

FDI flows from neighbouring countries will be affected due to new screening rules: Shardul Shroff

Don’t expect oil prices to go beyond $30 this year: Manish Singh

Lockdown was easy, opening up to require a lot of confidence: Rashesh Shah

Tech investments aimed at making Jio a solid digital company: Axis Securities

Very sharp U-shaped recovery is a strong possibility: ASK Investment Manager

Everything that shines is not gold, it could be silver: Jim Rogers

Delhi BJP president Manoj Tiwari on Saturday expressed concern over reports of "underreporting" of deaths due to Covid-19 in Delhi and asked Chief Minister Arvind Kejriwal to clear the air about it.

Confusion prevailed over the number of COVID-19 deaths in Delhi, with data from four hospitals showing that 92 people succumbed to the infection as against 68 reported by the government.

India's battle against Covid-19 is proving to be a harrowing time for the police, who must negotiate anxious families, unruly crowds and an invisible virus.

For most people living in red zones, the building WhatsApp groups and apartment apps have emerged as the new spaces to coordinate the buying and procuring of essential items. It has forced people to interact with those who were just familiar faces or flat numbers earlier.

The H-1B is a non-immigrant visa that allows US companies to employ foreign workers from countries like India and China in speciality occupations that require theoretical or technical expertise.

Vizag gas leak tragedy: Tension at LG Polymers plant as villagers protest demanding its closure

Everything that shines is not gold, it could be silver: Jim Rogers

Coronavirus testing: Over 15 lakhs tested till now for COVID-19, informs Harsh Vardhan

Amit Shah dismisses rumours about his health, says he is not suffering from any disease

Coronavirus lockdown: 97 trains carrying migrants entered state so far, informs UP Govt

Afghan peace process: America recognises India's role, says US Envoy after meeting S Jaishankar

COVID-19: Mangaluru doctors claim to develop ‘bubble helmet’ for better safety of health workers

Mortality rate increases if COVID-19 patient delays in visiting hospital: AIIMS-Delhi Director

Coronavirus in West Bengal: 11 deaths, 108 fresh cases reported in last 24 hours

The LRS transactions are currently permitted by banks based on the declaration made by the remitter.

A report said that India (receiving USD 69 billion in remittances in 2017) was followed by China (USD 64 billion) and the Philippines (USD 33 billion).

India received $69 billion in overseas remittances last year, equivalent to almost 3 percent of GDP, Capital Economics said, citing World Bank data.

The acceptance of Indian currency is good news for Indian tourists as earlier they lost a sizeable amount due to exchange rates.

“The Directorate of Intelligence & Criminal Investigation (I&CI) of the income tax department during August and September 2019 obtained LRS data from several banks in Mumbai and Delhi and verification of the top 100 cases was undertaken. However, nothing adverse was found,” said the report, which was submitted to SIT probing black money earlier this year.

The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others.

Riyaz Naikoo’s death has left a serious void at the top for HuM and possible successors being considered are "Dr Saifullah" or Abu Musaid, a resident of Malangpora in Pulwama, who was part of the Burhan Wani group of 12 terrorists, and Juniad Sehrai, chief of the Hurriyat’s Geelani faction who joined the terror group in 2018.

Union Home Minister Amit Shah chaired a meeting of the DGs of all Central Armed Police Forces (CAPFs) where he appreciated the commendable work done by these forces and expressed concern over increasing COVID-19 cases, a home ministry spokesperson said.

Nepal's Foreign Affairs Ministry in a statement said the government "has learnt with regret" about the inauguration of the link road connecting to Lipulekh pass, which Nepal claims to be part of its territory. The 80-Km new road inaugurated by Defence Minister Rajnath Singh on Friday is expected to help pilgrims visiting Kailash-Mansarovar in Tibet in China.

In response to queries on inauguration of road on 8th May in Pithoragarh district Uttarakhand, MEA Spokesperson stated, “We have seen the Press Release dated 9th May 2020 issued by the Ministry of Foreign Affairs of Nepal pertaining to the inauguration of a road in India.”

Industry leaders said April-June quarter would be a washout even for the high and mighty.

India Inc’s first attempts to move goods across states after the easing of lockdown curbs were hobbled by expired e-way bills which made it near impossible for transporters to cross checkpoints.

After nearly a month and a half in lockdown, the country's mega manufacturing engine is taking baby steps towards opening factories, but under strict hygiene and social distancing norms.

Charge filings, which indicate new loans or additional collateral towards past loans, fell 57.4% to 277 in March and April combined from 650 in January and February, according to data compiled by Propstack, a financial data intelligence provider.

The guidelines mandate companies to strictly observe the social distancing protocol, including restricting the number of people in a lift, providing health insurance to workers and random testing for Covid-19.

75% companies lack a structure or policy to address frauds in CSR programs, the report said. Many companies that are now looking to allocate their CSR funds towards Covid-19 related programs, but still do not have structures in place that could avoid frauds, it said.

On Monday, the court had also said that the order is not sustainable in view of the fact that orders and/or directions were passed interfering with the holding of AGM by the companies that are separate juristic entities without first deciding the issue of jurisdiction.

The decision of the Birlas comes in spite of a favourable verdict from a two-judge division bench of the Calcutta High Court which on Monday had asked the probate court to hear the appellant MP Birla Group companies afresh, which was one of their key petitions.

​​Fed fund futures are now pricing negative fed rate by June 21.

But the economy can’t rev up too quickly, not as long as the virus is still loose.

The country's largest carmaker Maruti will resume operations at its Manesar plant from May 12.

Car and bike-makers are gearing up to sell more in Bharat to counterbalance shortfall in demand in the cities.

The company in its statement said that in 4 steps, a customer can avail of online exchange, finance and insurance, personalize & own their chosen Mahindra vehicle.

The tyre maker has commenced production in a graded manner at its manufacturing facilities in Chennai (Tamil Nadu), Kankroli (Rajasthan) and Laksar (through Cavendish industries Ltd - subsidiary company, in Uttarakhand). The company has also resumed operations at its global research and development hub located in Mysore, Karnataka, JK Tyre said.

Areas designated as Green and orange zones, where the spread of Covid-19 infections is under control, account for more than 80% of India’s 733 districts, Uber said.

The auto major has commenced production at its Sriperumbudur factory in Tamil Nadu adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement.

Kamal Jain, a professor at the institute's civil engineering department, claims that the software will not only reduce testing costs but will also reduce the risk of exposure to healthcare professionals. ​So far, there is no verification of his claim by a medical institution.

IIT Kanpur is developing a vaccine against Covid-19, while researchers at Madras and Kanpur have built desi drones for surveillance and IIT Ropar has produced robots to deliver food and medicines to patients in hospitals and quarantine zones. These innovations are in various stages of development.