Minister of Commerce and Industry & Railways Shri Piyush Goyal held discussions with the Export Promotion Councils(EPCs) of the country. He called upon the Exporters to identify their strengths, potentials and competitive advantages in specific sectors, and focus on harnessing them in the world markets. Goyal said that in the post-Covid era, there is going to be perceptible change in the global supply-chains, and Indian industrialists and exporters should be looking to capture significant share in the world trade. He assured them that the Government will be a pro-active supporter and facilitator in their efforts, and the Indian Missions abroad can play an important role in that. The Minister said that Incentives can be given, but they have to be justified, reasonable, and WTO-compliant.

The employees of Employees Provident Fund Organization (EPFO) have come forward to support the Government's initiative in combating national crisis of COVID-19 pandemic and voluntarily contributed one day's salary- amounting to around Rs. 2.5 crore to the PM CARES Fund. EPFO, as one of World's largest Social Security Organizations, stands committed in the service of the nation in every possible way. The COVID-19, declared as a pandemic by the World Health Organization, has posed serious challenges for the health and economic security of millions of Indians. Government of India has set up a public charitable trust under the name of 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund' (PM CARES Fund) with the primary objective of dealing with any kind of emergency or distress situation. Officers and staff of EPFO are also contributing by putting in extra efforts for providing relief by expeditiously processing EPF withdrawal claims including COVID claims under

The country-wide lockdown imposed on 23rd March, while necessary, has had deep ramifications on economic activity. According to the CII CEOs Snap Poll on Impact of COVID-19 on Economy and Industry, while a majority of the firms continue to anticipate a significant decline in their topline, they now foresee a delay in economic revival and demand recovery. The survey saw the participation of more than 300 CEOs, of which nearly two-thirds belonged to MSMEs. The lockdown brought economic activity to a grinding halt and the survey findings indicate that a significant majority of the firms (65%) expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020). For financial year 2020-21, the expectations of a fall in revenue are staggered, with 33% of the firms anticipating a revenue fall of more than 40%, closely followed by 32% of firms expecting a revenue contraction ranging between 20% to 40%.

The Shirt founder Rochelle Behrens, Dogfish Head founder Sam Calagione and Intelius co-founder Naveen Jain share advice on raising capital at Wall Street Journal's How I Built It 2012 panel in Washington, D.C. . WSJ's Vanessa O'Connell leads the discussion.

Sales rise 69.34% to Rs 35.41 crore

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Sales decline 6.19% to Rs 656.05 crore

For the full year, net profit rose 43.91% to Rs 1244.82 crore in the year ended March 2020 as against Rs 864.97 crore during the previous year ended March 2019

Sales decline 33.91% to Rs 3580.00 crore

Anbumani is trailing in Pennagaram constituency.

Analysts now believe that if the DMK had projected him the chief ministerial face instead of his 91-year-old father the whole hog, probably the election verdict could have been different

She is likely to be sworn in as chief minister for a second consecutive term on May 23

It usually only takes such a harsh step when there is evidence that muscle power has been used

But rail officials expect to achieve at least last year's actual, which is close to Rs 1 lakh crore

Real annual GDP accelerated in Jul-Sept to 7.4% from 7%. But, growth of nominal GDP slowed sharply to 6%

Wants patient treatment, which is currently exempt from service tax, to continue to enjoy this sop under GST for 10 years

Cadila Healthcare gains 0.11% to Rs 321.95 after the company said it received final approval from US drug regulator for Deferasirox tablets for oral suspension.

Healthcare Global Enterprises Ltd, Ganges Securities Ltd, Pritish Nandy Communications Ltd and The Byke Hospitality Ltd are among the other losers in the BSE's 'B' group today, 08 May 2020.

SBI Card's net profit jumped 43.9% to Rs 1244.82 crore on a 33.8% rise in total income to Rs 9752.29 crore in the year ended March 2020 (FY20) over the year ended March 2019 (FY19)

As fears of the novel coronavirus spread through the U.S., the high-contact tradition of presidential campaigning came to a halt. WSJ's Gerald F. Seib explains what Americans may see as campaigning resumes. Photo: Shutterstock/Zuma Press

California is the first state to borrow federal funds to cover rising jobless claims, United Airlines expects to cut its management ranks by 30%, and the FDA sets standards for antibody tests in a crackdown on fraud. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Rich Pedroncelli/Associated Press

The Trump administration steps up assertions that the coronavirus originated at a lab in Wuhan, governments around the world start to allow businesses to reopen, millions of imported masks fall short of N95 standards. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Scott Keeler/Zuma Press

However, the management of the Company expects the operations to remain sub-normal in the immediate future, with a possibility of intermittent disruptions based on the evolving situation and varying Government guidelines and permissions. The Company continues to closely monitor the situation and shall take appropriate action as per regulatory guidelines.

Transaction expected to close in Q3 2020

The US-based private equity investor will buy shares at Rs 86 each and the transaction is expected to close in the third quarter of 2020.

Arguing that a one-time payment of USD 1,200 to most of the Americans during the coronavirus outbreak is not enough, three top Democratic senators introduced a legislation on Friday to provide a recurring USD-2,000 monthly check to those struggling to make ends meet during the COVID-19 pandemic. The Monthly Economic Crisis Support Act, introduced by former presidential candidate Senator Bernie Sanders, Indian-origin Senator Kamala Harris and Senator Ed Markey, proposes to provide a monthly USD-2,000 check to every individual with an income below USD 120,000 throughout and for three months following the coronavirus pandemic. According to the proposal, married couples who file jointly would receive USD 4,000; USD 2,000 per child up to three children and it would be implemented retroactively from March. The coronavirus pandemic has caused millions to struggle to pay the bills or feed their families, Harris said. The previous CARES Act, she argued, gave Americans an important one-time ...

US lawmakers have introduced a legislation in Congress to give unused green cards or permanent legal residency status to thousands of foreign nurses and doctors to meet the urgent needs of the overstretched healthcare sector in the country. The Healthcare Workforce Resilience Act would allow for recapturing green cards that were approved by Congress but unused in past years, allowing thousands of additional medical professionals to serve permanently in the United States. The legislation would send green cards to 25,000 nurses and 15,000 doctors during the COVID-19 pandemic and ensure that places like Iowa have the professionals they need to serve patients for years to come, a media release said. The move is likely to benefit a large number of Indian nurses and doctors, who are either on H-1B or J2 visas. In the House of Representatives, it has been introduced by lawmakers Abby Finkenauer, Brad Schneider, Tom Cole and Don Bacon. The bipartisan Senate companion bill is led by Senators ..

China continues to hide and obfuscate COVID-19 data from the world, US Secretary of State Mike Pompeo said on Friday, asserting that he has seen a significant amount of evidence suggesting that a laboratory in the Chinese city of Wuhan was underperforming and the virus could well have emanated from there. "I have seen a significant amount of evidence that suggests that the lab was underperforming, that there were security risks at the lab and that the virus could well have emanated from there," Pompeo told Ben Shapiro in an interview. "But I am happy to suspend the decision about that. What we need are answers. There are still people dying," he said. By Friday, more than 78,000 Americans had died and 13 lakh tested positive for the coronavirus. Globally, more than 273,000 people have died and 39 lakh tested positive for the disease. The American economy and those of the rest of the world have come to a standstill. "We have got an economy now that is really struggling and it is all a ..

The owner of a popular Indian-American grocery story has been charged with price gouging during the coronavirus pandemic, when the entire state is under stay-at-home orders. Following consumer complaints, an investigation office revealed that Rajvinder Singh, owner of the popular Apna Bazaar in California's Pleasanton, had allegedly increased the prices of grocery items following the emergency declaration by the governor on March 4. Based on evidence provided by customer receipts, the investigation confirmed that the pricing of several food items exceeded the 10-per cent increase allowed during a state of emergency, with some prices being as much as 200 per cent more than what was previously charged, according to a joint statement issued by California Attorney General Xavier Becerra and Alameda County District Attorney Nancy O'Malley. The food items listed in the complaint include yellow onions, ginger, green beans, instant noodles, tea, chili peppers, pomegranates and red yams. "We ..

South Korea has reported 18 fresh cases of the new coronavirus in the past 24 hours, including 12 in the capital of Seoul, as health workers scramble to trace contacts after detecting a slew of transmissions linked to clubgoers. Figures released by South Korea's Centers for Disease Control and Prevention on Saturday brought national totals to 10,840 cases and 256 deaths. While the KCDC didn't immediately release specific details, most of the new cases were likely linked to the nightclubs in Seoul's Itaewon leisure district, which was brought to a sudden standstill Friday night following reports of the transmissions. Officials on Friday said they detected at least 15 infections linked to a 29-year-old man who visited three Itaewon clubs on Saturday before testing positive on Wednesday. The infections raised concern about a broader spread of the virus in the Seoul metropolitan area, where about half of South Korea's 51 million people live. South Korean Prime Minister Chung Sye-kyun in a

Barcelona returned to training after the La Liga champions allowed their stars to enter their facility to prepare for a potential restart to football in Spain. Lionel Messi and company took the fields at Joan Gamper training centre for individual sessions, for which the players arrived alone in kit and took to the three pitches without passing through the changing rooms. As well as doing their routines, they were also subjected to tests to see what effect two months of coronavirus quarantine has had on their bodies. "Finally we are getting back to normal. We hope to carry on and that soon we can get back to enjoying what we like to do most," Arturo Vidal told sports daily Marca. Sevilla, Villarreal, Osasuna and Leganes also returned to training, while Real Madrid -- who were two points behind league leaders Barca when play stopped in mid-March -- will likely start again on Monday should their players pass virus tests carried out on Wednesday. That would mark almost two months since ...

American stock car auto racing's comeback later this month from the coronavirus pandemic will cost three tracks their 2020 season races with more schedule adjustments coming soon. That was the word Friday from the National Association for Stock Car Auto Racing (NASCAR), the closed-cockpit series that is the most popular form of US auto racing. Races at Sonoma, California; Joliet, Illinois and Richmond, Virginia were named those moved to ovals without spectators this month to jumpstart the US revival of sport in the wake of the coronavirus pandemic shutdown. Sonoma Raceway officials said the road course tried to find a new date to replace June 14 but couldn't "given the ongoing uncertainty around large events in California." It will be staged instead on May 27 at Charlotte Motor Speedway, which will host a regularly scheduled race three days earlier in what will essentially be made-for-television events. A planned June 21 race at Chicagoland will be the May 17 comeback event at ...

China has reported 15 new asymptomatic coronavirus cases, taking their total to 836 while one new imported COVID-19 infection was confirmed, health officials said on Saturday. According to China's National Health Commission (NHC), as for Friday 836 asymptomatic cases, including 63 from overseas, were still under medical observation. The NHC said one imported case of coronavirus was reported on Friday and 15 new asymptomatic cases, all domestic ones, were confirmed in the country. Most of the asymptomatic cases were being reported from first coronavirus epicentres Hubei province and its capital Wuhan where no confirmed cases were reported for the 35 days, the local health commission said. Normalcy is returning to the province as the lockdown has been lifted and offices, business and factories have been opened since last month. The province still has 628 asymptomatic cases under medical observation, after 13 new cases were reported on Friday, the commission said. Death toll in China ...

"Little Women" star Eliza Scanlen and "Jojo Rabbit" breakout Thomasin McKenzie are among the actors in negotiations for M Night Shyamalan's next directorial feature. According to Variety, Aaron Pierre, Alex Wolff and Vicky Krieps are also in discussions for the filmmaker's top-secret project, which he will write, direct and produce. Though the details of the plot have been kept under wraps, it is rumoured that the movie might be connected with some of the other films by the director. The yet-to-be-titled feature will be released by Universal Picture. Scanlen, 21, is best known for starring in TV series "Sharp Objects" and Greta Gerwig's "Little Women" adaptation, while 19-year-old McKenzie broke out with Taika Waititi's Oscar-winning satirical feature "Jojo Rabbit". Krieps, 36, became popular after she starred in Paul Thomas Anderson's romance drama "Phantom Thread", opposite Daniel Day Lewis. Wolff, 22, is best-known for starring in movies such as Ari Aster's "Hereditary" and the two

Several American lawmakers have introduced a legislation in Congress to offer the 40,000 unused green cards to thousands of foreign nurses and doctors to meet the urgent needs of the overstretched healthcare sector in the US, the worst hit nation by the coronavirus pandemic. The US has nearly 1,284,000 cases of confirmed COVID-19 cases and over 77,000 people have died due to the highly contagious disease. The Healthcare Workforce Resilience Act would allow for recapturing green cards that were approved by Congress but unused in past years, allowing thousands of additional medical professionals to serve permanently in the United States. The legislation would send green cards to 25,000 nurses and 15,000 doctors during the COVID-19 pandemic and ensure that states like Iowa have the professionals they need to serve patients for years to come, a media release said. The move is likely to benefit a large number of Indian nurses and doctors in the US, who are either on H-1B or J2 visas. The ..

World Cup winning-Australia captain Meg Lanning has used the extra time in hand amid the COIVD-19 pandemic to provide a virtual batting class to Ireland women's cricket squad. Lanning was joined by former Ireland skipper Isobel Joyce in the initiative that took place this week to help the players keep their skills sharp during the forced break from cricket. The duo touched upon a number of topics, including the mental preparation going into a big game, shot selection and an analysis of the Australian captain's T20I century against England last year. The session was chaired by Irish women's team head coach Ed Joyce and also featured Australia boss Matthew Mott. "Any time you can pick the brains of experienced cricketers such as Meg and Isobel is valuable, and I know that our entire squad enjoyed this unique opportunity," Ireland skipper Laura Delany said. "People often underestimate the mental aspect of the game, and both players spoke about the importance of mental preparation before .

The WHO and the UN's postal agency have released a commemorative postage stamp on the 40th anniversary of the eradication of smallpox, with the head of the global health body expressing gratitude to a top Indian-origin UN official. In May 1980, the 33rd World Health Assembly issued its official declaration that "the world and all its peoples have won freedom from smallpox." It was ended on the back of a 10-year WHO-spearheaded global effort that involved thousands of health workers around the world to administer half a billion vaccinations to stamp out smallpox. "When WHO's smallpox eradication campaign was launched in 1967, one of the ways countries raised awareness about smallpox was through postage stamps when social media like Twitter and Facebook was not even on the horizon," World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said. "I especially want to thank my friend Mr Atul Khare, United Nations Under-Secretary-General for Operational Support, for ...

Nepal has reported seven new coronavirus cases, taking the number of infections in the country to 109, the health ministry said on Saturday. Nepal is among the nations that has the least number of cases of the deadly coronavirus. The new cases involve three women and four men aged between 17 and 65 years. The women belonged to Udayapur district, while three men are from Kapilavastu district and one from Parsa district. With this, the total number of infections in the Himalayan nation has reached 109, it said. So far, 30 people have recovered from the disease, the ministry said. According to the Johns Hopkins University data, the virus has infected over 3.9 million people and claimed over 270,000 people worldwide.

Pakistan on Saturday began easing the month-long lockdown despite a steady rise in the number of the coronavirus cases which rose to 27,474 after health authorities reported a big jump of 1,637 infections and 24 deaths in a single day. Prime Minister Imran Khan on Thursday said that Pakistan would begin easing its nationwide lockdown in a phase-wise manner by allowing various businesses to open up from Saturday, citing the economic crisis due to the shutdown, which was enforced in the country in March end. The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm. The federal government was trying to provide maximum relief to the people but due to the current economic conditions of the country, the lockdown must be eased, the Express Tribune quoted Khan as saying. Sindh Chief Minister Murad Ali Shah and Adviser to Khyber-Pakhtunkhwa chief minister Ajmal Wazir said the provincial government .

Singapore on Saturday saw a drop in its daily tally of new coronavirus cases as the city-state reported 753 new COVID-19 cases, taking the country's total to 22,460, majority of them foreign nationals, including Indians, living in dormitories. On Friday, Singapore reported 768 new cases of coronavirus. The Health Ministry said the vast majority of the 753 new cases reported on Saturday are work permit holders (foreigners) residing in worker dormitories. Nine cases are Singapore citizens or permanent residents (foreigners). As of Friday, 19,232 of the 323,000 foreign workers living in dormitories, or nearly six per cent, have tested positive for COVID-19, reported The Straits Times. Singapore had placed 18,402 coronavirus patients in isolation while 1,245 are hospitalised by Friday, according to a data from the Health Ministry. The Ministry said 1,245 cases were still in hospital while 20 people have died of the disease. Singapore currently has the highest number of coronavirus cases ..

"Grey's Anatomy" star Caterina Scorsone and her musician husband Rob Giles have decided to part ways after 10 years of marriage. According to People magazine, Scorsone and Giles have decided to co-parent their three daughters: Eliza, seven, Paloma "Pippa" Michaela, three, and Arwen, who was born in December. "Caterina and Rob have separated. They remain friends and are committed to co-parenting their children in a spirit of love," the duo's representative said in a statement. The actor, known for playing Amelia Shepherd on Grey's Anatomy, tied the knot with Giles in 2009.

When Eliud Kipchoge made history by beating the two-hour mark for the marathon, the Kenyan was wearing a pair of controversial Nike running shoes that has sent rival companies scrambling to play catch-up in a business worth billions of dollars. The likes of Adidas, Asics, Brooks, Hoka, New Balance and Saucony have recently released or are about to unveil their own carbon-fibre versions of running shoes. Critics claim the new shoes are the equivalent of mechanical doping, while supporters hail them as a revolutionary technical advance in footwear after decades of stagnation. Nike said its Vaporfly range, unveiled in 2016, was an "example of how product design can capture the fascination of an entire sporting community and, more broadly, inspire new benchmarks of athletic potential", boasting an improvement in times by up to four percent. Elite athletes wearing versions of the Vaporfly, the carbon plates of which lend a propulsive sensation to every stride, have set a rash of personal ..

Mounting a strong defence of the ruling Communist Party of China, President Xi Jinping has said the COVID-19 fight has once again shown that the CPC leadership and the country's socialist political system can overcome any challenge. Xi's comments came as China faced global criticism for its initial inaction to act against the novel coronavirus, which according to Chinese officials emerged in the central Chinese city of Wuhan in December last year. Pressure is also mounting on Beijing to agree for an international probe on the origins of the vicious virus, including from the Wuhan Institute of Virology (WIV), as claimed by the US leadership. China curbed the spread of the coronavirus in over a month and brought COVID-19 under control at its first epicentre in Wuhan in about three months, Xi, also the General Secretary of the CPC, said at a symposium held on Friday to get suggestions from non-ruling Communist Party of China (CPC) parties on COVID-19 prevention and control. He termed the

Iran warned Saturday that coronavirus infections were rising in the southwest despite falls in other regions, as it announced more than 1,500 new confirmed cases. "All provinces are showing a gradual drop in new infections... except for Khuzestan, where the situation is still concerning," health ministry spokesman Kianoush Jahanpour said in televised remarks. The health ministry stopped publishing provincial figures for the coronavirus last month. It has instead opted for a colour-coded system of white for low-risk parts of the country, yellow for medium-risk and red for high-risk areas. Latest reports have shown Khuzestan red along with a few other provinces, including the capital Tehran and the Shiite clerical centre of Qom, where Iran reported its first cases in February. Early last week, Iran's official daily caseload hit its lowest level since March 10, but it has since climbed again steadily. Jahanpour said 1,529 new cases were confirmed in the past 24 hours, taking the ...

European equestrianism on Saturday became the latest sport to adjust its calendar because of the postponement of the Olympics with the announcement that it had cancelled its 2021 eventing championships. With the Tokyo Games put back to next summer, other sports that had planned major championships for 2021 have been forced to react. The European equestrian championships were scheduled for Haras du Pin in Normandy from 11 to 15 August, which meant they were due to start just three days after the rearranged Olympics ends. The French equestrian federation, which announced the cancellation in a press release, said a postponement had been considered but rejected and, instead, Haras du Pin was "positioning itself for the organisation of the European Eventing Championship in 2023." Eventing sees a single rider and mount compete at show-jumping, dressage and cross-country.

A shootout erupted on Saturday at a protest in western Afghanistan by residents demanding economic assistance, leading to the deaths of at least six people, including a local reporter and two police officers, officials said. Interior Ministry spokesman Tareq Arian said the protesters had gathered outside the governor's office in Feroz Koh, the capital of the western Ghor province. They were demanding relief after weeks of restrictions aimed at containing the coronavirus pandemic. He said some people at the protest opened fire at police, igniting a gun battle that killed the six people and wounded another 19, including nine police. The ministry has launched an investigation and plans to send a delegation to the province. Afghanistan was already mired in poverty before the onset of the pandemic, which has infected nearly 3,800 people in the country and killed at least 109. Many Afghans rely on day labour, which has dried up because of the closure of nonessential businesses.

Two flights carrying a total of 335 people from the Gulf countries landed in Kerala's two airports on Friday night, as India's Vande Bharat Mission to bring home its nationals stranded due to COVID-19 lockdown in various countries entered second day. While an Air India repatriation flight from Riyadh carrying 153 passengers, including 84 pregnant women, 22 children and four infants landed at the Kozhikode airport 8 pm on Friday night, another Air India Express flight from Bahrain with 177 passengers, including 5 infants, reached Kochi airport at 11.32 pm. Two flights had landed at Kochi and Kozhikode on Thursday from Abu Dhabi and Dubai, respectively. According to Kozhikode airport sources, the flight from Riyadh carried five people having some health issues and they would be shifted to Manjeri and Kozhikode medical college hospitals. Ten passengers from neighbouring states of Karnataka and Tamil Nadu also travelled in the flight from Riyadh, the sources said. The passengers were ...

The Drug Controller of India has allowed clinical trial of Favipiravir medicine, developed indigenously a CSIR laboratory, on coronavirus patients, Director General Shekhar Mande said on Friday. He said the Indian Institute of Chemical Technology (IICT), Hyderabad has developed the technology to make the drug Favipiravir. The technology has been transferred to a private company, IICT Director S Chandrashekar said. The company will now tie up with hospitals for clinical trials so that the drug could be tested on patients suffering from COVID-19. Approval from patients will be necessary as per the protocols, he said. Mande said Favipiravir is used in countries such as China and Japan to treat influenza. Whenever, a virus enters a cell, it tries to create multiple replicas. Favipiravir stops the replication process, he explained. The CSIR has already tied up with Cadila Pharmaceuticals Ltd to evaluate Mycobacterium W (Mw) for faster recovery of hospitalised COVID-19 patients and minimise

A case has been registered against office-bearers of Bandra Gymkhana in the city for violation of lockdown after a video purportedly showed members celebrating its completion of 85 years despite the lockdown restrictions. A lawyer filed a complaint saying that a video on social media showed Gymkhana members singing and dancing during the celebration of completion of 85 years of the club, a police officer said. A case under IPC sections 188 (defying public servant's order) and 269 (act which may spread infection) was registered against office-bearers and some members, he said, adding that probe was on.

Jharkhand on Friday reported its highest single-day spike in COVID-19 cases with 21 people testing positive, taking the total number of infections to 153 in the state, officials said. Of the total 455 swab samples tested during the day, 21 tested positive for COVID-19, said the Director of the Rajendra Institute of Medical Sciences (RIMS), Dr D K Singh. He said 25 more people recovered from the infection, bringing the total number of cured people in the state to 77. The officials did not provide any details of the 21 people who tested positive for COVID-19 in the state on Friday. Since the outbreak of the pandemic on March 31 in the state, two persons have died of the infection while one COVID-19 patient died due to underlying health condition after testing negative.