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.

Coal Minister Pralhad Joshi had earlier written to state chief ministers asking them not to import dry-fuel and take the domestic supply of fuel from Coal India Ltd.

The world's largest steelmaker had posted a net income of USD 0.4 billion in the year-ago quarter.

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.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

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

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.

Earlier, such registrations/approvals were granted without any specific expiry period unless specifically withdrawn by concerned tax authority.

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.

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.

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.

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.

PGA Tour decided to ensure status for all players, exempt in 2019-20, to retain their status for 2020-21, too.

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.

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.

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.

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

Social-distancing restrictions are still in place in Australia, so 'normal' full-contact training will not resume for another week at least.

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

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.

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

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