The PM’s Office, Niti Aayog and the Department for Promotion of Industry and Internal Trade are firming up a plan to offer incentives in order to attract companies looking to shift manufacturing units out of China.

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.

The report said the increase in non-performing assets by 2-4 percentage points will need a government recapitalisation requirement by $7-15 billion.

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.

Analysts agree that Covid-19 pandemic will lead to an increase in bank's gross non-performing assets with some reports pegging the stock to double as well.

With millions of tourists canceling plans for vacations, work trips and family visits, Airbnb earlier this year said it was allocating $250 million to help offset losses incurred by hosts.

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.

The move from Kotak Mahindra comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21.

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".

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 ratings agency said it expected India to see no growth in financial year 2021 and bounce back to a 6.6% GDP growth in FY22.

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.

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.

Tour de France is rescheduled for August 29 without spectators but Chris Froome feels it may be hard to contain the fans.

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.

Taylor Fritz and Addison Rae beat Kei Nishikori and DJ Steve Aoki in the final of the Mario tennis charity tournament.

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.

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.

Money though the Player Relief Programme, run by ATP, WTA, Grand Slam organisers and ITF, will be divided equally among men and women.

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

FFT president Bernard Giudicelli said the protocol proposed was "favorably received by the sports ministry" and could lead to the resumption of training and other amateur activities.

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

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

The Player Relief Programme will support those 'who are facing unprecedented challenges due to the global impact of Covid-19'.

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

Sania Mirza said she is proud apart from cricket, the biggest sports stars in India are women athletes

Bianca Andreescu's bid to return to competitive tennis suffered a further jolt when the season was halted in March due to the novel coronavirus pandemic.

India, on the second day of the FIDE-Chess.com Online Nations Cup, lost its third and fourth round matches to Europe and China by similar 1.5-2.5 margins

The spending by the Mississippi Department of Human Services showed Brett Favre had been paid $1.1 million for three speaking engagements, none of which he participated in.

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.

NFL is also establishing workplace protocols that require face coverings unless a person is in a closed office.

Dmitrii Baskov had come to India in January to visit a tennis academy and got stuck due to Covid-19 lockdown but is helping feel Ahmedabad's poor.

Director of World Players' Association said players were willing to take a calculated risk to resume their sporting careers, social distancing rules cannot be adhered to in most sports.

Testing could allow some teams to feel more secure about safety concerns at facilities and encourage more players to participate.

The Tokyo Olympics was postponed for a year to 2021 in the aftermath of the coronavirus pandemic.

Ivan Lendl believes whoever ends up winning the most majors among the 'Big Three', should be considered the greatest ever.

Kiren Rijiju said coronavirus has changed everything and sports need to be conducted in a new way

Ananya Panday, who will be seen with Deepika Padukone in Shakun Batra's film, talks about how she felt working with her Bollywood senior.

On daughter Maryam's 3rd birthday, actor Dulquer Salmaan took to Instagram to pen a poem for the 'big girl' and asked her to 'slow down' and not grow up too fast.

Rumours of Athiya and KL Rahul's alleged relationship surfaced last year, after the cricketer posted an adorable birthday wish for her on social media.

Smriti and her husband Gautam welcomed their first child on April 15. The couple met on the sets of the TV show "Meri Aashiqui Tum Se Hi".

Mindy Kaling talked about how things have changed for women of colour in the West. Mindy is garnering praises for her new show in Netflix Never Have I Ever.