The outbreak of coronavirus and the lockdowns imposed by nations to curb its spread has evaporated demand for oil, sending international oil prices crashing.

On Tuesday, Fitch warned India's sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the coronavirus crisis.

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.

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.

Reeling under pressure due to sharp drop in footfalls following the COVID-19 pandemic, operators in the country's coworking industry believe the blip could be temporary and demand for flexible space would go up again as some key factors are going for them.

The rupee opened weak at 75.70 at the interbank forex market and then fell further to 75.80, down 71 paise over its last close.

After a highly volatile session, the 30-share BSE index settled at 31,715.35, plunging 2,002.27 points, or 5.94 per cent.

While ITC had so far not taken any action against workers, the company notices said "absence without leave" would lead to salary cuts and "disciplinary action", without elaborating.

Bharat Petroleum was seeking to buy a May 25 delivery cargo two weeks ago, but the tender was not awarded then, market sources said previously.

As many as 43 crore transactions leading to disbursement of Rs 16,101 crore took place during the lockdown period, the Finance Ministry said in a tweet on Monday.

ONGC was the top gainer in the Sensex pack, rallying over 5 per cent, followed by M&M, Bharti Airtel, IndusInd Bank, ICICI Bank, PowerGrid and Tech Mahindra.

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.

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.

Imports also fell, but only by 6.2 percent, as transportation and shipping began to close down worldwide.

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'.

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.

After swinging over 800 points during the day, the 30-share index closed 232.24 points or 0.74 per cent higher at 31,685.75.

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

However, the data only reflect company payrolls through April 12 so the report does not reflect the full impact of COVID-19 on the overall employment situation.

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.

Participating in the same meeting, Union Minister for MSME and Road Transport and Highways Nitin Gadkari also said "a package is going to be declared".

With five months still left for 2019-20 marketing year to end, the association feels the mills have the potential to fulfil their exports commitments.

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".

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.

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.

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

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

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.

Finance Minister Nirmala Sitharaman in her Budget for 2020-21 had pegged gross borrowing in the new financial year at Rs 7.8 lakh crore, higher than Rs 7.1 lakh crore estimated for 2019-20.

Franklin Templeton Mutual Fund also issued an apology to Sebi and said that comments of its top executive Jenny Johnson were wrongly interpreted, diluting her responses about the reason for winding up of schemes.

Sidharth Nath Singh informed the participants, through video conferencing, about the developmental projects being undertaken in the state; including the Jewar Airport, said to be key to improving the state's airways connectivity.

The Associated Journals Limited (AJL) is controlled by senior Congress leaders, including members of the Gandhi family.

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.

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

Stephen Kearney sees this as a chance for Australia's National Rugby League to be one of the first sports in the world to emerge from Covid-19 shutdown.

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

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.

National Football League said they are planning to announce the schedule for full regular season by late next week.

FINA announced that world championships were due to be held in Fukuoka next year from July 16-August 1 but will instead take place from May 13-29 in 2022

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.

Sun Yang was found guilty of refusing to give a doping sample and was banned for eight years for the same.

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

Kashmiri athletes like Afreen Hyder, Aijaz Hassan, Vilayat Hussain and more have to make do with the restricted spaces and still stay fit during Covid-19 lockdown.