& Don't Let Telcos Charge Offices, Businesses for Unused Internet during Lockdown: PIL in Delhi HC By www.news18.com Published On :: Thu, 30 Apr 2020 06:26:06 +0530 The petitioner contended that telephone operators and ISPs ought not to charge citizens for services not used by them while following the government's directions. Full Article
& Lockdown Impact: India's March Infrastructure Output Contracts 6.5% Compared to Last Year By www.news18.com Published On :: Thu, 30 Apr 2020 06:38:50 +0530 The infrastructure output growth for February was upwardly revised to 7.1% from an earlier estimate of 5.5%, the data showed. Full Article
& RIL Q4 Results: Reliance Announces India's Biggest Rights Issue of Rs 53,125 Crore, Jio Profit Zooms 177% By www.news18.com Published On :: Thu, 30 Apr 2020 07:05:45 +0530 Revenue from operations for the March quarter stood at Rs 136,000 crore, against Rs 152,939 crore in December quarter and Rs 138,659 crore in the year-ago period. Full Article
& Reckitt Benckiser's Sales Hit Record On Coronavirus Disinfectant Boom By www.news18.com Published On :: Thu, 30 Apr 2020 08:02:13 +0530 Reckitt Benckiser recorded a 13.3% rise in first quarter like-for-like sales, that was its best performance since the company was formed in 1999. Full Article
& Asian Oil Sellers Add New 'Zero Price' Clause in Contracts: Report By www.news18.com Published On :: Thu, 30 Apr 2020 08:04:39 +0530 The new clause comes as sellers in Asia seek to protect their interests, as prices of some physical crude grades sold in the region have fallen to close to $10 a barrel due to heavy discounts. Full Article
& Lockdown Period, Global Recession & Changes in Consumer Behaviour to Shape Economic Activity: Report By www.news18.com Published On :: Fri, 1 May 2020 01:06:52 +0530 According to Dun & Bradstreet's latest report, changes in consumer behaviour will determine the segments that are likely to flourish after the pandemic comes under control. Full Article
& Sebi Exempts Four Family Trusts Linked to Lux Industries' Promoters From Open Offer Obligation By www.news18.com Published On :: Fri, 1 May 2020 03:16:36 +0530 The proposed acquisition involves settlement or contribution of equity shares of the company to the four trusts by Ashok Todi, Bimla Todi, Pradip Todi and Shobha Todi. Full Article
& CNBCTV18-CII Poll: What Heads of Top Institutions Said on India's Strategy to Revive Economy After Covid-19 By www.news18.com Published On :: Fri, 1 May 2020 10:03:57 +0530 SBI Chairman Rajnish Kumar said he is hopeful of more relaxations by May 31 and expects economic activity to return by the festive season. Full Article
& Elon Musk Wipes Nearly $15 Billion Off Tesla’s Valuation With His 'Price Too High' Tweet By www.news18.com Published On :: Sat, 2 May 2020 08:43:56 +0530 The tweets recall Musk's controversial tweets in August 2018 when he said he had "funding secured" for a quickly-aborted campaign to take the electric car maker private. Full Article
& Tata Steel Announces Plans Aimed at Creating World's First Zero Carbon Industrial Cluster in UK By www.news18.com Published On :: Sat, 2 May 2020 10:04:23 +0530 Phase one of the Tata Steel's European business project will create a plan for a series of local zero-carbon areas, create skilled jobs and enhance well-being across South Wales. Full Article
& Warren Buffett's Berkshire Hathaway Posts Nearly $50 Billion Loss as Coronavirus Hits Hard By www.news18.com Published On :: Sun, 3 May 2020 10:57:40 +0530 A year earlier, the conglomerate reported profits of $15.5 billion. Full Article
& There Will be Flight of Capital From China Post Coronavirus Phase, Says BJP's Ram Madhav By www.news18.com Published On :: Sun, 3 May 2020 08:50:18 +0530 Madhav said Asian democracies like Singapore and South Korea along with India have set a "new example that you don't need to be authoritarian to handle such a big crisis". Full Article
& Reliance Jio-Silver Lake Deal: Here's All You Need to Know By www.news18.com Published On :: Mon, 4 May 2020 09:50:01 +0530 This is the first sizable investment by SLP in India and reaffirms Jio’s technological capabilities and the potential of the business model, even in this Covid-19 world and beyond. Full Article
& India Doubles Down on Solar, Gas at Coal's Expense as Electricity Use Falls By www.news18.com Published On :: Mon, 4 May 2020 10:19:15 +0530 India's solar and gas-fired electricity generation rose in April even as overall power demand fell at the steepest monthly rate in at least thirteen years, a Reuters analysis of provisional government data showed. Full Article
& Saudi Arabia Says Investment Plans in India 'On Track' Even as Aramco's Net Profit Falls 21% By www.news18.com Published On :: Mon, 4 May 2020 10:45:57 +0530 On being asked about the effect of the decline in Aramco’s profits on its plans to invest in India, Saudi Arabia's Ambassador to India reiterated that investment plans were on track. Full Article
& India's Factory Activity Fell to Record Low in April as Lockdown Hit Demand, Disrupted Supply Chains By www.news18.com Published On :: Mon, 4 May 2020 11:23:47 +0530 With new orders and output shrinking at the steepest pace since at least early 2005 factories cut jobs at the fastest rate in the survey's history, signaling a high chance of recession. Full Article
& Nifty Falls over 4 Percent; 'Marriage Call' Option Can Cushion Damage By www.news18.com Published On :: Mon, 4 May 2020 11:49:44 +0530 As prices face the 50-day moving average, trading it on the higher side in one move is difficult and some retracement is very likely. Full Article
& Indian State Retailers' April Petrol Sales Down 61%, Diesel by 57%: Sources By www.news18.com Published On :: Mon, 4 May 2020 01:21:41 +0530 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. Full Article
& Abbott's Covid-19 Lab-based Antibody Tests to be Available in India by End of May By www.news18.com Published On :: Mon, 4 May 2020 03:38:01 +0530 Antibody testing is an important step to tell if someone has been previously infected. It will provide more understanding of the virus. Full Article
& PSB NPAs Likely to Rise 2-4% Points; May Push Govt to Recapitalise via RBI Reserves & Bonds: Report By www.news18.com Published On :: Tue, 5 May 2020 02:54:16 +0530 The report said the increase in non-performing assets by 2-4 percentage points will need a government recapitalisation requirement by $7-15 billion. Full Article
& Cash Transfers, Food For All: How Govt May Balance Fiscal Concerns with Growing Hunger & Poverty By www.news18.com Published On :: Tue, 5 May 2020 05:18:11 +0530 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. Full Article
& State-owned Bank NPAs May Rise in FY21, Govt's Fiscal Deficit to Widen: Bank Of America By www.news18.com Published On :: Tue, 5 May 2020 05:28:06 +0530 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. Full Article
& More Fiscal Stimulus Measures Necessary in India to Fight Covid-19: S&P By www.news18.com Published On :: Tue, 5 May 2020 07:01:03 +0530 In March, the government announced a Rs 1.7 lakh crore relief package focusing on providing food security to the poor and providing money in their hands to fight COVID-19. Full Article
& Govt to Gain Over Rs 1.5 Lakh Cr this Fiscal From Record Excise Duty Hike on Petrol & Diesel By www.news18.com Published On :: Wed, 6 May 2020 10:37:36 +0530 The government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low. Full Article
& India's Services Activity Collapses as Coronavirus Paralyses Global Economy: PMI By www.news18.com Published On :: Wed, 6 May 2020 11:00:54 +0530 The grim result for the industry, the engine of economic growth and jobs, underlined the pandemic's sweeping impact across India as authorities extended a nationwide lockdown. Full Article
& Britain's GlaxoSmithKline to Sell Entire Stake in Hindustan Unilever for Rs 254.8 Billion By www.news18.com Published On :: Thu, 7 May 2020 12:59:56 +0530 GSK has agreed to sell its entire stake in Unilever's Indian business for about 254.8 billion rupees ($3.35 billion) on the open market, cashing in late from the sale of the Horlicks brand. Full Article
& Coronavirus Lockdown: India's Coal Import Declines by 29 Percent in April By www.news18.com Published On :: Thu, 7 May 2020 04:18:23 +0530 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. Full Article
& CAIT Flags Traders' Inability to Pay Full Salary for April, Seeks Goyal's Intervention By www.news18.com Published On :: Thu, 7 May 2020 07:14:41 +0530 The Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking his intervention in the matter. Full Article
& Sebi Asks Franklin Templeton Mutual Fund to Focus on Returning Investors' Rs 25,000 Crore at Earliest By www.news18.com Published On :: Thu, 7 May 2020 11:21:40 +0530 Sebi also said 'some mutual fund schemes' continued to invest in high risk and 'opaque' debt securities despite the regulatory framework having been amended for safeguarding investors' interest. Full Article
& India's Rating Outlook Reflects Rising Risk of Slower GDP Growth, Low Policy Effectiveness: Moody's By www.news18.com Published On :: Fri, 8 May 2020 11:12:27 +0530 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. Full Article
& India May See 0% GDP Growth This Fiscal Year, Says Moody's By www.news18.com Published On :: Fri, 8 May 2020 03:25:30 +0530 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. Full Article
& India's Fuel Demand Dips Over 45% in April Amid Covid-19 Lockdown: Govt Report By www.news18.com Published On :: Sat, 9 May 2020 10:33:04 +0530 Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes - its lowest since 2007, government data showed on Saturday. Full Article
& Saudi, US Firms Eye Stakes in Reliance's Jio, Deals Could Get Completed This Month: Report By www.news18.com Published On :: Sat, 9 May 2020 10:51:31 +0530 The deal could be completed as soon as this month, though no agreement has been finalised and plans may change. Full Article
& Here's All You Need to Know About Sovereign Gold Bond Scheme Opening on Monday By www.news18.com Published On :: Sat, 9 May 2020 03:48:28 +0530 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. Full Article
& Ex-RBI Governor Rangarajan Heads Committee to Look at Tamil Nadu's Post-virus Fiscal Challenges By www.news18.com Published On :: Sat, 9 May 2020 06:29:02 +0530 According to the Tamil Nadu government, the committee comprises economists, industrialists, vice chancellors, bankers, government officials and others. Full Article
& 'It's the Worst Thing Ever': Ex-NHL Enforcer Georges Laraque Hospitalised with Covid-19 By www.news18.com Published On :: Mon, 4 May 2020 01:48:49 +0530 Georges Laraque, who is asthmatic, developed pneumonia in both lungs and was hit by nightly fevers post hospitalisation after testing positive for Covid-19. Full Article
& Singles Only, Don't Share Tennis Balls, No Handshakes: Austrians Return to Tennis Court By www.news18.com Published On :: Mon, 4 May 2020 02:46:50 +0530 Tennis is one of several social-distancing-compatible sports the Austrian government has allowed to resume as they ease the Covid-19 lockdown. Full Article
& 'My Mother is Still Complaining' Leander Paes Reveals Outcome of #FryingPanChallenge By www.news18.com Published On :: Mon, 4 May 2020 10:30:04 +0530 Leander Paes revealed that his mother was not to happy with his viral challenge that took social media by storm. Full Article
& Badminton Restart 'Difficult to Predict' After Coronavirus Crisis, Says BWF Chief By www.news18.com Published On :: Tue, 5 May 2020 10:12:21 +0530 BWF chief Thomas Lund said the restrictions on international travel due to coronavirus has complicated the picture for badminton to resume. Full Article
& Returning Before US Open Amid Coronavirus Pandemic is 'Unrealistic', Says Taylor Fritz By www.news18.com Published On :: Tue, 5 May 2020 01:45:19 +0530 Taylor Fritz said that the tennis authorities are looking to stage the US Open but he was unsure if they will be able to do that. Full Article
& No Spitting, No Fans: Baseball Restarts South Korea's Sports Season By www.news18.com Published On :: Tue, 5 May 2020 02:05:16 +0530 South Korea's sporting industry emerged from the coronavirus shutdown with baseball while football and golf will soon follow suit. Full Article
& 'I See 2020 as Practically Lost' For Tennis: Rafael Nadal By www.news18.com Published On :: Tue, 5 May 2020 06:20:04 +0530 Rafael Nadal believes the chances of tennis restarting before the end of this year are slim. Full Article
& World Archery Puts All Its 13 Staff on 'Temporary Partial Unemployment' By www.news18.com Published On :: Tue, 5 May 2020 11:35:44 +0530 World Archery executive board had suspended all its events till August 31, resulting in a huge losses to the federation. Full Article
& WTA Chief Backs Roger Federer's ATP Merger Suggestion By www.news18.com Published On :: Tue, 5 May 2020 10:46:16 +0530 Both the ATP and WTA Tours have been forced to take cost-cutting measures since the COVID-19 pandemic started Full Article
& 'I Think You Were Fanboying': Maria Sharapova Looks Back at First Dinner with Novak Djokovic By www.news18.com Published On :: Wed, 6 May 2020 03:55:39 +0530 Maria Sharapova recalled how Novak Djokovic earned himself a dinner with her by winning a match. Full Article
& Tokyo Olympics Postponement Doesn't Bother Saurabh Chaudhary, Always Training to be at His Best: Amit Sheoran By www.news18.com Published On :: Wed, 6 May 2020 04:31:18 +0530 Saurabh Chaudhary's coach Amit Sheoran said for his ward it doesn't matter if the Tokyo Olympics are held tomorrow, after a year or even after 10 years Full Article
& Paris 2024 Organisers Vow To Not Change Olympic 'DNA' By www.news18.com Published On :: Wed, 6 May 2020 10:22:05 +0530 Organisers of Paris 2024 Summer Games said that their budget has not changed despite the coronavirus pandemic Full Article
& 'Heartbreaking, Disturbing, Painful': Sports Fraternity Offers Condolences After Vizag Gas Leak Tragedy By www.news18.com Published On :: Thu, 7 May 2020 03:42:00 +0530 Sportspersons took to social media to offer condolences to the families of those affected in the Vizag gas leak tragedy and prayed for the recovery of those in the hospitals. Full Article
& 'Indian hero': Moldovan Tennis Player Dmitrii Baskov Feeds Poor in Ahmedabad Amid Covid-19 Lockdown By www.news18.com Published On :: Thu, 7 May 2020 04:18:23 +0530 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. Full Article
& After Coronavirus Delay, John Coates Says Tokyo Games Could Be 'Greatest Ever' By www.news18.com Published On :: Sat, 9 May 2020 04:56:54 +0530 The Tokyo Olympics was postponed for a year to 2021 in the aftermath of the coronavirus pandemic. Full Article