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Sensex sheds 242 pts, Nifty slips below 9,200; financials top drags

Sensex sheds 242 pts, Nifty slips below 9,200; financials top drags





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RBI advises Ministry of Finance against PSB recapitalisation in Budget 2020

RBI advises Ministry of Finance against PSB recapitalisation in Budget 2020





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RBI announces major relief measures for real estate

RBI announces major relief measures for real estate





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GST: Compensation shortfall seen at Rs 30K cr, next Council meet to take up the issue

GST: Compensation shortfall seen at Rs 30K cr, next Council meet to take up the issue





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GST on mobile phones raised to 18%; small businesses get relief on late fee

GST on mobile phones raised to 18%; small businesses get relief on late fee





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Corona crisis: GST Return filing date for March-May extended till June, relief from late fee, penalties

Corona crisis: GST Return filing date for March-May extended till June, relief from late fee, penalties





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Fight against Covid-19: FM Sitharaman announces Rs 1.7 lakh crore 'PM Gareeb Kalyan Scheme'

Fight against Covid-19: FM Sitharaman announces Rs 1.7 lakh crore 'PM Gareeb Kalyan Scheme'





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RBI to infuse Rs 3.74 lakh cr liquidity into financial system

RBI to infuse Rs 3.74 lakh cr liquidity into financial system





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RBI's Monetary Policy Report forecasts global recession, says India's growth outlook "drastically altered"

RBI's Monetary Policy Report forecasts global recession, says India's growth outlook "drastically altered"





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India's fiscal deficit hits 52% of budgeted target in first 2 months of 2019/20

India's fiscal deficit hits 52% of budgeted target in first 2 months of 2019/20





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Govt cuts interest rate on small savings schemes by 0.1 pc, effective July 1

Govt cuts interest rate on small savings schemes by 0.1 pc, effective July 1





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Use all your entitlement; tax saved is money earned, says Dhirendra Kumar

Use all your entitlement; tax saved is money earned, says Dhirendra Kumar





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

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





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Pick stocks that will benefit from global supply chain reshuffle: Jitendra Gohil

Pick stocks that will benefit from global supply chain reshuffle: Jitendra Gohil





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Global investors now more confident about India than China: Pacific Paradigm Advisors

Global investors now more confident about India than China: Pacific Paradigm Advisors





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Be extremely cautious and don't get swayed by the sharp bear market rallies: Dipan Mehta

Be extremely cautious and don't get swayed by the sharp bear market rallies: Dipan Mehta





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

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





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Delhi BJP seeks Arvind Kejriwal's clarification over "underreporting" of Covid deaths in capital

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.




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No reason to hide anything: Delhi health minister over 'under-reporting' of COVID-19 deaths

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.




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Maharashtra allows free intra-state bus travel from May 11

The Maharashtra government has decided to make available its bus services free of cost from Monday to facilitate travelling of people stranded in various parts of the state to their homes during the lockdown period, transport minister Anil Parab said on Saturday.




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Hello Neighbour! Building bonds in the time of social distancing

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.




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Why Visakhapatnam gas leak should set off alarm bells

Report suggest the plant operated between 1997 -2019 without valid environment clearances.




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View: Covid is an opportunity to evaluate what truly matters

​​When the novel coronavirus began to appear in India, I was concerned for the people of the Himalayas above Rishikesh, where I have been blessed to live for the past 24 years. If Covid-19 spread to the remote and unequipped villages of India, how much life would be lost?




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WHO recommends a ‘solidarity trial’ to speed up vaccine

Participants will be enrolled continuously during the trial and vaccine candidates that are not working will be dropped from testing.




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Donald Trump administration working to temporarily ban work-based visas: Report

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.




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Covid-19: ‘Prepared for worst situation’, says Health Minister Harsh Vardhan

Covid-19: ‘Prepared for worst situation’, says Health Minister Harsh Vardhan





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

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





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

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





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

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





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

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





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Nepal: Chinese protesters arrested after clash with police, 6 cops injured

Nepal: Chinese protesters arrested after clash with police, 6 cops injured





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COVID-19 in Mumbai: BMC Commissioner Iqbal Chahal takes stock of Dharavi slum area

COVID-19 in Mumbai: BMC Commissioner Iqbal Chahal takes stock of Dharavi slum area





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Kerala, Maharashtra, Karnataka & Tamil Nadu get 60% of total remittance in FY17

Nearly 82 per cent of the total remittances received by the country originated from eight countries - the UAE, US, Saudi Arabia, Qatar, Kuwait, Oman, UK, and Malaysia.




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Road link to Line of Actual Control achieved, faster route for Kailash-Mansarovar pilgrims and security forces

Defence Minister Rajnath Singh on Friday inaugurated the road link from Dharchula, a town in Uttarakhand's Pithoragarh district, to the Lipulekh pass, which is located at an altitude of 17,060 feet at the border between India and China.




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China needs more nuclear warheads: Global Times editor

The Global Times is published by the People's Daily, the official newspaper of China's ruling Communist Party. The party has been known to float ideas and guide public sentiments via the Global Times, which tends to take a nationalistic stance on issues involving other countries.




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30 more BSF personnel test positive for COVID-19, total cases rise to 223

"Thirty new cases of COVID-19 (six from Delhi and 24 from Tripura) have been reported from different establishments. All of them are under the best available medical care at AIIMS-Jhajjar and G B Pant Hospital, Agartala," BSF spokesperson Shubhendu Bhardwaj said in a statement.




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Shah expresses concern over rising coronavirus cases in Central Armed Police Forces

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.




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Get involved in internal political processs in Afghanistan, US urges India

The US asked India to get involved in the internal political process in Afghanistan. Sources said this formed the core of the discussions between US special envoy, Zalmay Khalilzad and foreign minister S. Jaishankar, NSA Ajit Doval and foreign secretary Harsh Shringla in Delhi.




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Nepal raises objection over India inaugurating crucial link road passing through Lipulekh Pass

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.




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Road along Nepal border falls within Indian territory

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.”




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Insurers rework sales pitches post Covid-19

These companies have undertaken massive exercises to retrain agents to approach and convince customers to buy new policies and renew premiums entirely through digital channels such as WhatsApp or Zoom, while also rejigging sales strategies starting right from the drafts used by agents to approach prospective customers, said people aware of the developments.




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India Inc’s traditional CSR may end up in containment

With donations to the PM-Cares Fund and Covid-19-related relief work eligible to be considered CSR expenditure, most companies are likely to nearly exhaust their current CSR budgets after donating to this fund or related relief work.




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Expired e-way bills biggest challenge for India Inc

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.




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Home alone, India Inc's pros have stress for company

There has been a 35-40% increase in the number of cases of stress and panic attack in April over previous months, according to data from counselling firms. A large number of the callers seek cure for mental stress arising out of social isolation and the workfrom-home milieu — leading to anxiety, depression, loneliness.




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Calcutta HC allows MP Birla Group companies to declare voting results of its AGM

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.




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Birlas to challenge Harsh Lodha's reinstatement as director in MP Birla Group firms

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.




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Global brokerages upbeat on RIL after third Jio deal, raise targets

CLSA maintained its 'buy' rating on the stock, with a target price of Rs 1,770.




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Daimler India Commercial Vehicles resumes plant operations

The company said it was able to restart operations at the plant in less than 24 hours after receiving permission from local authorities as it had started intensive preparation even before the lockdown in India came into effect in March, DICV said in a statement.




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BMW Group India resumes local production at Chennai plant

German car maker BMW commenced operations at the Chennai plant in accordance with the government-initiated guidelines. The company also stated that the BMW, MINI and BMW Motorrad dealerships across the country would restart the operations in adherence to local government directives.




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20% of auto retailers open shutters on lockdown relaxation; witness muted walkins and enquiries

Maruti Suzuki restarted operations at 680 dealerships till Wednesday, covering almost 35% of the addressable market. The nation’s largest carmaker is seeking permission from local authorities to reopen all but 500 of its remaining over 2,400 outlets. The 500 showrooms are in Covid-19 containment zones.