"After the moratorium, it was expected that there would be outflows."

‘This deal will probably give Jio access to a lot of enterprise software providers’

‘Demand environment, supply opportunity and currencies are the three major drivers for pharma’

‘Investors focusing on predictability, sustainability and better quality businesses’

'Moratorium will probably have to get extended in a lot of cases.'

‘We are a cash generating company and virtually carry no leverage’

‘Don’t sell but use dips in the market to deploy money’

‘The debt will come down even further if fibre InvIT and Aramco sale happens’

‘Industry leaders would benefit from both the demand revival as well as consolidation.’

‘Focus on more essential services and rural-focussed stocks’

‘As economic activity resumes, expect a further revival in the market in the coming months’

'Investors are hoping that we will go back to normal, as it was before corona'.

'You have to get right kind of worker with right kind of skills'

'Indian farmers could be rich if the govt would leave them alone'

Reserves rose by $2.34 billion during the week under review.

London has overtaken Mumbai to become the top center for trading the rupee

select banks in India can offer forex rates to Indian clients beyond the inter-bank market hours

At the interbank foreign exchange market, the local currency opened at 71.25.

“Today, USDINR pair is expected to quote in the range of 71.05 and 71.50,” Motilal Oswal Financial Services said.

The rupee on Friday hit a fresh record low of 74.48 against the US dollar following sharp sell-off in domestic equities

The rupee fell against the US dollar after the Federal Reserve cut interest rates to near zero per cent in an emergency move amid the economic impact of the coronavirus outbreak.

The rupee on Friday surged against the US dollar following some selling in American currency by banks and exporters.

The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by $388 million to $428.58 billion.

Forex traders said the rupee which started the day on a positive note, witnessed heavy volatility.

The yen, which investors typically snap up as a safe haven in times of financial market stress, fell nearly 10% against the dollar this month, as pandemic fears spurred a stampede into the refuge of the world's most powerful currency.

The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency.

Forex traders said stimulus measures announced by the RBI and FPIs turning net buyers in capital markets boosted investor sentiment.

Motilal Oswal Financial Services expects the rupee (Spot) to quote in the range of 75.20 and 76.20.

Forex traders said the rupee is trading in a narrow range as losses in the greenback supported the rupee, while weak domestic equities weighed on the local unit.

The emergence of new business environment in the wake of Covid-19 is expected to boost cloud services and digitisation as companies overhaul their digital infrastructure to deal with new ways of working, they said.

Privately-held real estate investment firm Cain International has signed an agreement with the Oberoi Group for the operation of 23 serviced residences in Mayfair in London.

According to the consulting firm KPMG, in comparison to the economic crisis of 2008, the government now has limited options to undertake corrective interventions owing to the financial stress which was already prevalent in the pre-COVID-19 period.

Hotels newly earmarked in Delhi include the Taj Palace Hotel, Shangri-La’s Eros Hotel and Le Meridien, according to people aware of the matter.

The Confederation of Real Estate Developers' Association of India (Credai) has written to minister for housing & urban affairs Hardeep Singh Puri, seeking urgent measures to control the hike in the prices of cement and steel amid the ongoing pandemic crisis.

Under the e-token system, customers are given specific time for purchasing alcohol so that there is no violation of social distancing norms by people queuing up outside liquor stores.

Realtors' apex body Credai on Saturday said cement and steel rates have increased by 40-50 per cent in last few weeks despite the lockdown and alleged price cartelisation and unfair trade practices by the manufacturers.

The government had recently allowed certain industrial activities other than in the containment zones to operate, while relaxing the COVID-19 induced lockdown in the state.

The company has already started operations in the Middle East, with the re-opening of 9 standalone showrooms in UAE and 3 showrooms in Qatar on the occasion of Akshaya Tritiya. Kalyan Jewellers will be following the highest level of safety and precautionary measures across operational showrooms, to safeguard the health and safety of both customers and staff alike.

In case, the examination results are not ready by July 31, students will have the opportunity to provisionally register and move on to the next semester, the VC said. The entire monsoon semester registration process will be completely online making it easy for the students to register even from their homes.

A lot of companies have made a tactical move to making sanitisers. We want to be a little more strategic, because when things settle down, only big brands with differentiations will work., said Saugata Gupta, MD of Marico

The disruption caused by the coronavirus pandemic could be one such tipping point, provided the states that supply much of the migrant labour have the foresight and political will to reform their industrial environment. It is evident from many accounts that many migrant workers who have fled to their home states will not return.

The highway ministry is examining the issue faced by the contractors and could unveil steps for their resolution soon, two senior officials told ET. Toll road operators will also be compensated for loss of business on account of fall in traffic and toll exemption, they said.

The Railways has ordered a comprehensive probe into the Aurangabad accident in which 16 migrants workers who were sleeping on the tracks were mowed down by a goods train early on Friday.

​​Addressing a press conference, MHA Joint Secretary Punya Salila Srivastava said the government intends to give relaxations to people within the lockdown guidelines. These trains are part of this endeavour, she said.

The Commission of Railway Safety, which investigates all serious rail accidents and clears all rail projects, also said that now that such an incident of migrant or other persons walking along the tracks leading to consequent deaths have come to notice, all-out efforts must be made to prevent recurrence of such incidents in future.

The country's largest domestic airlines had on Friday announced pay cut ranging between 5 and 25 per cent.

Shramik special trains were run from May 1 on the request of different state governments. The railways has suspended passenger, mail and express trains to combat the spread of novel coronavirus (Covid-19) since March 24.

The task force, in a report released on Thursday, acknowledged stress in the telecom sector and said the Supreme Court judgement mandating companies to pay around Rs 1.35 lakh crore has placed some operators in a "precarious position" due to the short period of time in which they have to meet their liabilities.

This will be the first Open House Discussion (OHD) to be conducted by the regulator during the lockdown and also first such discussion to happen through video-conferencing mode.

"We request the DoT to kindly consider extending the currently specified timelines for minimum roll-out obligation by a period of at least 6 to 9 months so that relief is afforded to all forthcoming minimum roll-out obligation timelines and not just to those due for testing at this present point in time," COAI said in a recent letter to Department of Telecommunications (DoT).