India's equity markets have lost more than a fifth of their value this year, while the S&P 500 has corrected by just over 11 per cent. The S&P 500 also has almost no correlation with India's markets, making it an ideal hedge for domestic investors.

The need for more space due to potential social distancing norms in the near and distant future, expert say, is likely to offset the space gained by people working from home.

Vodafone Idea, formerly known as Vodafone Mobile Services Ltd, had however sought Rs 4,759.07 crore in tax refund from for AYs - 2014-15, 2015-16, 2016-17 and 2017-18.

MFIs have been hit hard by the COVID-19 pandemic, with many finding it difficult to meet the operating costs and pay salaries during the ongoing lockdown.

The ILO also projects that 1.6 billion workers in the 'informal economy,' stand in immediate danger of having their livelihoods destroyed.

The Rs 1 lakh crore flagship Delhi-Mumbai Expressway project is scheduled to be completed within three years and and expected to cut down the travel time between Delhi and Mumbai to just 12 hours.

A top US health official said Gilead Sciences Inc's antiviral drug remdesivir is likely to become the standard of care for Covid-19 after early results from a clinical trial showed it helped certain patients recover more quickly.

In a letter to employees dated April 29, Reliance Industries' executive director Hital R. Meswani stated that Ambani will forego his entire compensation.

The final report of the task force on NIP for 2019-2025 suggested steps like deepening bond markets, setting up of development financial institutions and land monetisation to meet the funding needs,

The 'MSME Bank of Ideas, Innovation and Research' portal was launched via video-conference. Registered users on the portal can share ideas, innovation and research, which will be reviewed by the officer concerned.

The report further said that the supply additions through infrastructure development boost short-term as well as the potential rate of GDP growth.

The ministry constructed 10,855 km of national highways against the targeted 16,420 km in fiscal 2019, with an average daily construction rate of about 30 km.

The Internet and Mobile Association of India (IAMAI) has submitted a blueprint suggesting a road map for opening up e-commerce based on the current containment model of zoning.

The PF returns have details about employees' and employers' contributions towards the social security scheme run by the Employees' Provident Fund Organisation (EPFO).

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.

The state government has also decided to provide working capital loans to MSMEs at lower interest rates. A fund to the tune of Rs 200 crore would be created to lend loans between Rs 2-10 lakh.

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.

PM Narendra Modi, who held discussions with Amit Shah and Nirmala Sitharaman, on Friday held meetings with different ministries including civil aviation, labour and power.

The bank is looking at the short term now - the next two or three quarters, a senior SBI official said on condition of anonymity.

In his opening remarks, the governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period.

The prime minister also had discussions with key economic ministries such as Agriculture and Farmers' Welfare, and MSME to discuss various issues.

Tata Consultancy Services' market valuation zoomed Rs 73,753.12 crore to Rs 7,56,049.23 crore, becoming the biggest gainer in the top-10 chart.

Since the first lockdown extension, Crane Owners Association of India, which has over 150 members, have written twice to MSME Minister Nitin Gadkari and once to Finance Minister Nirmala Sitharaman, seeking their help.

The deal comes less than two weeks after Facebook spent $5.7 billion to buy a 9.99 percent stake in Jio. The Facebook-Jio deal was the social media network’s biggest since its $22 billion buyout of WhatsApp in 2014.

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.

ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC.

The brand, whose clothes have been worn by former first lady Michelle Obama, said online sales operations, which account for more than half its revenues, will continue as normal.

Professional indemnity policy offers protection to professionals against potential claims for injury or loss resulting from their advice action for failure to fulfil their duties.

Sectoral meetings, held separately in two sessions through video conference, were also attended by Deputy Governors and other senior officers of RBI.

It could well be economically rewarding if the workers managed to get back to work in the cities and towns where they were engaged in before the lockdown, only if appropriate welfare measures reach them.

Non-banking financial companies (NBFCs) have asked the Reserve Bank of India to allow them one-time restructuring of all loans till March 2021, as their borrowers are facing funding issues amid the coronavirus pandemic and the subsequent lockdown.

Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China are members of this Geneva-based organisation, which deals with global trade norms.

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.

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.

The SC said cooperative banks cannot carry on any activity without compliance of the provisions of the Banking Regulation Act, 1949 and any other legislation applicable to such banks relatable to 'Banking'.

With millions of tourists canceling plans for vacations, work trips and family visits, Airbnb earlier this year said it was allocating $250 million to help offset losses incurred by hosts.

It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China.

India is prioritizing medical equipment suppliers, food processing units, textiles, leather and auto part makers among more than 550 products covered in the discussions.

Under this new product, an additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above" tenor only.

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.

The minister also noted that the pendency of dues owed to MSME units by the central government, state governments, public sector undertakings and major industries was "very high".

The procurement of wheat and rice (second crop) during the ongoing Rabi season has picked up pace despite severe logistical constraints posed due to countrywide lockdown," the food ministry said in a statement.

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

The lender has also hiked interest rates on personal loans against property by 30 basis points.

Cognizant follows January-December as financial year. Its net profit was at USD 441 million in the March 2019 quarter.

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

Confederation of Indian Industry said a substantive stimulus is required from the government in the form of support to the poor and to the industry.

Earlier, such registrations/approvals were granted without any specific expiry period unless specifically withdrawn by concerned tax authority.

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.

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.