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.

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.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 Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking his intervention in the matter.

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 state government on Thursday increased the VAT on petrol to 38 per cent from 36 per cent earlier while on diesel to 28 per cent from 27 per cent earlier.

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.

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.

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.

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.

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.

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

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.

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.

Japanese brokerage Nomura warned of a likely downgrade of the sovereign by global ratings agencies while American brokerage Goldman Sachs (GS) said RBI will cut rates by another 1 percentage point to arrest the economic slide.

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.

The employers' organisations also sought relaxation of the provisions of the Industrial Disputes Act to treat the lockdown period as lay-off.

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

Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes - its lowest since 2007, government data showed on Saturday.

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

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.

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.

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.

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.

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

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

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.

South Korea's sporting industry emerged from the coronavirus shutdown with baseball while football and golf will soon follow suit.

NSFs and State Olympic Associations have been asked to collect feedback from the stakeholders such as athletes, coaches, support staff, central and state government ministries, match officials and sports administrators

PV Sindhu said that senior Indian players with international experience can coach and help youngsters during the coronavirus lockdown.

Both the ATP and WTA Tours have been forced to take cost-cutting measures since the COVID-19 pandemic started

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

French tennis federation's decision to postpone the French Open to late September amid the Covid-19 crisis was widely criticised because the new dates clashed with the hardcourt season.

Padraig Harrington announced live on air by mistake that Luke Donald was one of the vice-captains at this year's Ryder Cup.

NADA hearings have not been taking place due to the lockdown to contain the Covid-19 pandemic.

Maria Sharapova recalled how Novak Djokovic earned himself a dinner with her by winning a match.

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

Under New Zealand's four-tier alert system, social distancing protocols are enforced less stringently under level two, allowing contact sports including the national game of rugby union.

The China Professional Baseball League said up to 1,000 people would be permitted to enter ballparks from Friday.

Players beginning to train is the first small step on the road to resuming the 2019-20 NBA campaign that was shut down on March 12 due to Covid-19.

WWE Money in the Bank 2020 will see the corporate ladder match at the rooftop of the Titan Towers, WWE Headquarters.