​​Even after the curbs are lifted, social distancing norms and an overall fear of the pandemic may keep people away from the stores for some time.

Prasad, speaking after a virtual meeting with state IT ministers, also said India needed to capitalise on a huge electronics manufacturing opportunity that has been thrown open, as companies look to move of China in the wake of the Covid-19 virus outbreak.

Both LG and Samsung have opened bookings for various products on their websites for limited periods and are offering gifts of up to Rs 10,000 on pre-bookings made during the lockdown period. LG has opened pre-bookings till May 15 and Samsung by May 8.

After 40 days of lockdown, certain business activities like opening of standalone stores and e-commerce delivery of non-essential items have been allowed in green and orange zones (locations with few or no COVID-19 cases).

South Korean electronics giant Samsung has resumed limited manufacturing operations at its Noida plant and will scale up the production gradually, a company official said on Friday.

Industry has also pitched for SPV with initial funding from govt, to help refinance small and mid-sized NBFCs

Affirms Issuer Default Ratings for seven banks including these four and Bank of India, Canara and PNB

Depositors to get up to Rs 5 lakh under deposit insurance on liquidation

Relaxation likely on branch audit as Guv meets bankers

The RBI cancelled the licence of CKP Co-op Bank on April 28, and notified the cancelletaion on its website on Saturday. There it also said that deposits up to Rs 5 lakh are guaranteed by the DICGC

Suggestions from various quarters, including from Indian Banks' Association, have come for the further extension of moratorium and the RBI is actively considering them, according to sources.

Senior SBI executives said most of those seeking deferment are retail and micro and small enterprises and are hard-pressed for resources when earning and cash flows have almost dried up.

Considers 25 fresh credit proposals from shadow banks

The bank saw a healthy growth of 37 per cent in its operating profit at Rs 765 crore compared to Rs 560 crore a year ago.

The rise in currency in circulatiom is perplexing when economic activity has nosedived. Generally, CIC should rise in tandem with growth in economic activities, as people need cash to transact

During March-April 2020, PSBs sanctioned loans worth Rs 5.66 lakh cr for more than 41.81 lakh accounts

RBI had earlier announced a three-month moratorium on loans by banks to NBFCs.

The borrowers represented the micro, small and medium sized enterprises (MSMEs), retail, agriculture and corporate sectors, which was indicative of an economic revival, said finance minister Nirmala Sitharaman’s office in a tweet on Thursday.

"Given that 2020 is going to be an exceptional year with government borrowings set to jump, we believe the time has now come for increasing the demand for bonds by having the necessary amendment in the RBI Act used effectively so that conduct of reverse repo and term reverse repo operations are completely non-collateralized," it said.

Union Bank of India announced reduction in its MCLR up to 15 basis points across all tenors, effective May 11. Overnight MCLR has been reduced by 15 bps to 7.15 per cent from 7.30 per cent and one-month MCLR by 10 bps to 7.25 per cent.

Brokers urge exchange and Sebi to work out an amicable price, as over 11,000 lots of open interest in the April contract were standing and couldn't be carried forward or squared off yesterday

Global benchmark Brent crude also fell sharply in response to the collapse of demand following reduced economic activity

Move spurred by unprecedented decline in demand; WGC is also working with large institutions for a bullion exchange in India, and with assaying centres to build consumers' trust

The mineral lobby body has appealed to the Union finance ministry to exempt bauxite exports from duties

The crude oil situation has made investors running for cash and dumping commodities

Some farmers told ANI that they are facing problems as there is shortage of labour and they are not able to send their produce to the market due to the lack of transport facilities

Demand continues to remain high, as harvesting and shipping issues hamper supplies

Farmers hold on to stocks due to great demand for high-quality Indian produce

Margin now fixed at 100%, with Rs 95,000 per lot as absolute minimum. So if crude falls below Rs 950, the margin will continue to be based on the price of Rs 950

Record high local prices, coupled with short-term pressure on household finances, could encourage people to sell gold

Investment demand, though lower by 17%, was relatively better as sentiments towards equities turned negative and investors turned to gold's liquidity and safe haven status

Physical sales were very limited due to the lockdown and sovereign gold bonds were one of the few avenues available to invest in the precios metal

The coronavirus cases in Maharashtra have reached 12,296, including 2,000 discharged cases and 521 deaths.

So far, initial exports are estimated to be of the tune of Rs 600 crore which is minuscule compared to the polished diamond inventory

The industry would like to commence operations at the earliest to avoid cancellation of pending orders

According to the MCX data, the share of natural gas in the total volume of the exchange has almost tripled, while that of crude has reduced by more than half

The Delhi High Court on Monday asked the Centre and the National Testing Agency (NTA) to file their response on a plea challenging the 2019 National Eligibility-cum Entrance Test (NEET) for admissions to MBBS and BDS courses.

The Directorate General of Health Services (DGHS) on Monday informed the Supreme Court on Monday of its inability to "amicably" resolve the "stray vacancies" issue in connection with postgraduate medical courses in private medical colleges across the country. Nearly 450 seats are yet to be filled.

All private universities in Uttar Pradesh will now have to give an undertaking to the government, saying that their campuses will not be allowed to be used for "any anti-national activity", a new ordinance says.

The Pennsylvania-based firm, which sells drop shaped bite-sized chocolate candies 'Kisses' in India, is still a fringe player in the country’s chocolate market where Mondelez controls two-thirds of the market, followed by Ferrero and Nestle.

Coca-Cola said its financial contribution will be utilised for various purposes, which include activation of over 50 locations across 10 states in partnership with its bottlers to support the hydration needs of the underserved communities through distribution of beverages during the lockdown period.

“While during the early days of lockdown basic essentials got sold, with time some discretionary sales are coming back,” said Devendra Chawla, MD at Nature’s Basket and Spencer’s Retail that saw 30-60% growth in sales for cold cuts, exotic vegetables, assorted breads and cakes, cookies, international sauces, organic range of staples in last ten days.

Dairy major Amul has written to the central government requesting clarifications on claims made by local authorities, and even some factions of the Gujarat government, that consumption of chilled products like ice-cream spread coronavirus.

“There is absolutely no income coming our way due to the Covid-induced lockdown for over a month. As a result, most companies are facing the problem of paying the employee salaries in full for the month of April,” said National Restaurant Association of India president Anurag Katriar.

Meanwhile, several retailers have reported an increase in sales of their private labels, which filled the gaps as supply lines from other manufacturers were disrupted.

Salt farmers are predicting a shortfall as lockdown has truncated the production cycle.

The US burger and fries giant has joined other restaurant chains including Jubilant FoodWorks-operated Domino's Pizza, Tata Starbucks and Speciality Restaurants in seeking waivers from landlords and mall owners.

[S.l.] : PETER LANG AG, 2020.

Fresno, CA : Alliant International University, California School of Professional Psychology, 2008