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.

These duty rate changes will come into effect from May 6.

US West Texas Intermediate (WTI) crude futures fell as much as 2.1 per cent to $24.05 a barrel and were down 14 cents at $24.41 a barrel at 0201 GMT. WTI has snapped a five-day winning streak.

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.

Forex traders said the weakness in the rupee was largely due to the strengthening US dollar. Besides, rising coronavirus cases in the country also weighed on the local unit.

Currently, authorised persons of employers have to go to the Employees' Provident Fund Organisation (EPFO) offices to get their digital signatures registered.

Remdesivir is an investigational antiviral drug that may be found effective against the virus that causes Covid-19

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

This is the third high profile-investment in Reliance Jio in as many weeks.

The upbeat sentiment follows gains of over 1% in main U.S. and European stock indexes on Thursday.

Equity benchmark Sensex rallied over 600 points in opening session on Friday as strong gains in index-heavyweight Reliance Industries, massive foreign fund inflow and positive global cues boosted market sentiment.

Forex traders said a positive start of domestic stocks and significant foreign fund inflows supported the local unit.

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.

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.

Despite crude prices trading at a two decades low, the government had earlier this week hiked excise duty on petrol by Rs 10 a litre and on diesel by Rs 13 a litre to mop up nearly Rs 1.6 lakh crore in additional revenue this fiscal.

In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore.

Earlier, such registrations/approvals were granted without any specific expiry period unless specifically withdrawn by concerned tax authority.

The deal could be completed as soon as this month, though no agreement has been finalised and plans may change.

The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19.

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.

According to the Tamil Nadu government, the committee comprises economists, industrialists, vice chancellors, bankers, government officials and others.

Tour de France is rescheduled for August 29 without spectators but Chris Froome feels it may be hard to contain the fans.

Georges Laraque, who is asthmatic, developed pneumonia in both lungs and was hit by nightly fevers post hospitalisation after testing positive for Covid-19.

Taylor Fritz and Addison Rae beat Kei Nishikori and DJ Steve Aoki in the final of the Mario tennis charity tournament.

Armand Duplantis and Renaud Lavillenie shared the honours in the Ultimate Garden Clash.

Tennis is one of several social-distancing-compatible sports the Austrian government has allowed to resume as they ease the Covid-19 lockdown.

The Checkmate Covid-19 Blitz Open, organised to raise funds for Kerala's fight against Covid-19, was won by Grandmaster SL Narayanan.

India will be represented by Viswanathan Anand, Vidit Gujrathi, P. Hari Krishna and Koneru Humpy at the online Nations Cup.

Leander Paes revealed that his mother was not to happy with his viral challenge that took social media by storm.

Novak Djokovic posted a video showing him exchanging shots with another man at clay court in the coastal city of Marbella.

BWF chief Thomas Lund said the restrictions on international travel due to coronavirus has complicated the picture for badminton to resume.

Mary Wilson, a multiple sclerosis sufferer, hoped to qualify for Tokyo Paralympics but being 56-year-old, she recognises that with Covid-19 roadblock, time may not be on her side.

Egypt's Youssef Hossam received life ban for match-fixing and his brother has got the same two years ago for corruption.

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.

Money though the Player Relief Programme, run by ATP, WTA, Grand Slam organisers and ITF, will be divided equally among men and women.

The nomination inviting process usually begins in April but was pushed back due to Covid-19 lockdown and now, the final date of submission has been fixed at June 3.

FFT president Bernard Giudicelli said the protocol proposed was "favorably received by the sports ministry" and could lead to the resumption of training and other amateur activities.

Rafael Nadal believes the chances of tennis restarting before the end of this year are slim.

Novak Djokovic published a video of him training on Monday in apparent violation of Spain's current rules amid the coronavirus pandemic.

The Player Relief Programme will support those 'who are facing unprecedented challenges due to the global impact of Covid-19'.

The global charity run also saw over 400 Indians running for the noble cause raising over 1250 Euros.

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

For Satish Kumar the euphoria that came with sealing qualification for the Tokyo Olympics was quickly balanced off by the news that it been postponed due to coronavirus

Organisers of Paris 2024 Summer Games said that their budget has not changed despite the coronavirus pandemic

Tennis Australia spoke about the uncertainty around restrictions around coronavirus and said they will have to plan for all possible scenarios.

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.

A total of 19,245 players registered for the CheckmateCovid Chess Tournament and GM Ankit Rajpara won it.

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.

French Tennis Federation announced that all ticket holders for the French Open will be refunded.