Amid the rising number of coronavirus cases in India, the health ministry on Tuesday, issued home quarantine guidelines for people who have very mild symptoms of COVID-19. According to the guidelines, those with mild syptoms can opt for home isolation but will have to be in constant communication with the District Surveillance Officer, and a hospital and will have to sign an undertaking.

The present guidelines were issued in addition to guidelines on appropriate management of suspect/confirmed cases of Covid-19 issued by the Health Ministry on April 7

.@MoHFW_INDIA has issued guidelines for Home Isolation of very mild/pre-symptomatic COVID-19 cases: Media briefing on #COVID19

Details: https://t.co/koNEShuVZ7 pic.twitter.com/6wUPLNg9Ne

— PIB India #StayHome #StaySafe (@PIB_India) April 28, 2020

As per the revised guidelines, patients who have mild symptoms or are pre-symptomatic can now opt for self-isolation at their homes but they need to follow the norms laid down by the Health Ministry. 

Who is eligibile for self isolation at home?

COVID-19 patients who have been clinically assigned as a very mild case or pre-symptomatic case by the treating medical officer are eligible for self-isolation at home.

What are the pre-requisites in order to self-isolate at home?

• Patients who are eligible for self-isloation at home must have a requisite facility at their place of residence for self-isolation. More so, the patients must also ensure that there is enough space for other members of the family to quarantine at home.
• The patient must have a caregiver who can look after the patient and provide care 24x7. 
• Another prerequisite is that there should be a communication link between the caregiver of the patient and the hospital during the entire duration of home isolation.
• The caregiver and all the close contacts of the COVID-19 patient should take Hydroxychloroquine prophylaxis as per the protocol and as prescribed by the treating medical officer.
• The patient has monitor his or her health and regularly inform their health status to the District Surveillance Officer for further follow up by the surveillance teams.
• Finally, the patient needs to fill an undertaking on self-isolation stating that they shall follow all home quarantine guidelines laid down by the Health Ministry.

When should a COVID-19 patient seek medical attention?

According to the revised guidelines issued by the Health Ministry, mild or pre-symptomatic patients shall seek immediate medical attention on the following grounds.

• When they face difficulty in breathing
• If they experience persistent pain/pressure in the chest
• Feel mentally confused or inability to arouse
• If they develop bluish discolorations of lips or face
• And if advised by treating medical officers

When will home isolation end?

Home isolation for COVID-19 patients can only be discontinued when the symptoms are clinically resolved and the surveillance medical officer certifies the mild or pre-symptomatic patient to be free of infection after the necassary laboratory testing.

Do's and don'ts for self-isolation patients and caregivers

• Caregivers must wear triple layered medical mask when in the same room with the COVID-19 patient.
• Caregivers should avoid direct contact with body fluids of the patient, especially oral or respiratory secretions.
• Caregivers must use disposable gloves while handling the patient. Hand hygiene should be undertaken done before and after removing gloves.
• Caregivers should pay strict attention to hand hygiene before and after preparing food, before eating, after using the toilet, and whenever the hands look dirty.
• Caregivers should avoid sharing cigarettes, eating from the same utensils, or exposing themselves to used towels or bed linen.
• COVID-19 patient should wear triple layer medical mask at all times. The patient must discard the mask after eight hours of use or earlier if they have become wet or visibly soiled.
• The patient must isolate themselves in a room and stay way from people.
• Patient must stay away from the elderly who maybe suffering from co-morbid conditions like hypertension, cardiovascular disease, renal disease.
• During self-isolation, mild or pre-symptomatic patients must drink lots of fluids to stay hydrated and follow respiratory etiquette all the time.

With inputs from Agencies

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Giving a huge relief to people stuck in various states, the Ministry of Home Affairs (MHA) on Wednesday allowed movement of such people - including migrant labours, workers, students, tourists and others - and also provided the procedure for the same. MHA has included a sub-clause regarding the movement of people who are stranded due to lockdown announced last month due to coronavirus outbreak.

"Due to lockdown, migrant workers, pilgrims, tourists, students and other persons are stranded at different places. They would be allowed to move as under," MHA said while asking States to designate nodal authorities to facilitate the process.

"All States/UTs should designate nodal authorities and develop standard protocols for receiving and sending such stranded persons. The nodal authorities shall also register the stranded persons within their States/UTs. In case a group of stranded persons wish to move between one State/UT and another State/UT, the sending and receiving States may consult each other and mutually agree to the movement by road," read the order.

"The moving person (s) would be screened and those found asymptomatic would be allowed to proceed. Buses shall be used for transport of groups of persons. The buses will be sanitized and shall follow safe social distancing norms in seating. The States/UTs falling on the transit route will allow the passage of such persons to the receiving State/UT," MHA said in its order of inclusion of movement of stranded people in different places.

Laying out the procedure on the arrival at the destination, MHA has asked to keep the people under home quarantine. "On arrival at their destination, such person(s) would be assessed by the local health authorities, and kept in home quarantine, unless the assessment requires keeping the person(s) in institutional quarantine. They would be kept under watch with periodic health check-ups. For this purpose, such persons may be encouraged to use Aarogya Setu app through which their health status can be monitored and tracked," MHA said.

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Central teams, which were tasked to check preparedness of districts with a high load of Coronavirus cases, found that infection prevention control practices were not properly followed in several hospitals raising concerns over safety of healthcare workers, official sources said.

Six high-level multi-disciplinary teams were constituted by the Union health ministry to assist and review state health departments for proper implementation of cluster containment plans for large outbreaks and check hospital preparedness for COVID-19. Teams comprising experts from the National Centre for Disease Control (NCDC), AIIMS and ICMR among others visited states, including Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Uttar Pradesh, Telangana and Tamil Nadu, which have high case load districts. They visited the stated between second and third week of April.

"They have observed that infection prevention control practices were not being followed properly during sample collection and treatment of confirmed cases raising concerns over the possibility of healthcare workers getting infected and leading to further transmission," the sources said. They have recommended that such infection prevention control guidelines should be strictly followed in hospitals. Several healthcare workers have been infected by COVID-19 across the country. Asked about the number of infected healthcare personnel, an official said no such centralised data has been maintained.

No April, May pay for Spicejet staff

SpiceJet told its pilots that they will not be paid salaries for April and May, and said those who have been operating cargo flights will get paid for "block hours flown". SpiceJet's flight operations chief, Gurcharan Arora told pilots through an email that "as of today, 16 per cent of our aircraft and 20 per cent of our pilots are flying".

Jamaatis asked to donate plasma

Tablighi Jamaat members, who got cured of COVID-19, have been asked by their organisation to donate their plasma for treatment of other COVID-19-infected patients, a move that the outfit thinks will help it shed its "villain" tag. "Maulana Saad, in an open letter on April 21 has appealed them to donate their plasma to help others. The message has reached all the members," Maulana Anees Ahmad Nadvi, the manager of Tablighi Jamaat's Lucknow branch, told PTI on Wednesday.

Punjab extends lockdown; 10 held in Kolkata

. The Kerala government on Wednesday decided to issue an ordinance empowering it to deduct salaries of its employees to mobilise funds to fight COVID-19 in the state.

. The spread of COVID-19 in Tamil Nadu is "largely under control" due to the implementation of various government guidelines, but the contagion is "easily" spreading in this city due to its large population, cm, K Palaniswami said.

. Nine new cases of Coronavirus have been confirmed in Karnataka, taking the total number of infections in the state to 532, the health department said.

. Ten persons were arrested on Wednesday for allegedly assaulting policemen enforcing lockdown in the Coronavirus red zone of Howrah district last evening. According to a senior official of the Howrah police commissionerate, a total of 10 persons have been arrested and three cases under different sections of the IPC and other penal laws have been lodged against the accused.

. Punjab CM, Captain Amarinder Singh has announced to extend the curfew for two more weeks to check the spread of Coronavirus in the state.

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Indian Air Force choppers on Sunday showered flower petals on the National Police Memorial here and hospitals treating COVID-19 patients to express gratitude and appreciation towards doctors, medical professionals, police officials and paramilitary forces who are at the forefront in the battle against the coronavirus. This aerial salute was part of planned activities by India's armed forces, which includes activities such as fly-pasts by fighter jets and transport aircraft of the IAF, playing of bands by the military and flashing warship lights, to express gratitude and honour the "corona warriors" of the country.

Early on Sunday morning, two C-130J Super Hercules special operations transport aircraft of the Indian Air Force conducted a fly-past over the Dal Lake in Srinagar followed by another over Sukhna Lake in Chandigarh. The aircraft took off from Srinagar and will fly all the way to Thiruvananthapuram in Kerala to show gratitude towards COVID-19 warriors. IAF's SU-30 aircraft conducted flypast across Marine Drive in Mumbai.

Indian Air Force aircraft SU-30 flypast Marine Drive to express gratitude towards medical professionals and all frontline workers. Picture/Bipin Kokate

The Indian Air Force (IAF) choppers showered flower petals over hospitals treating coronavirus positive patients in Delhi, among locations across the country in order to express gratitude and appreciation to the COVID-19 warriors in the country. "The list of hospitals include AllMS, Deen Dayal Upadhyay Hospital, GTB Hospital, Loknayak Hospital, RML Hospital, Safdarjang Hospital, Ganga Ram Hospital, Baba Saheb Ambedkar Hospital, Max Saket, Rohini Hospital, Apollo Indraprastha Hospital, and Army Hospital R&R," as per a statement by the Defence Ministry.

IAF also aircraft showered flowers on King George's Medical University in Lucknow, Uttar Pradesh. This flying activity is combined along with the training activity of IAF and opportunity flight for transport planes and helicopters, which are involved in moving supplies related to the COVID-19 task The IAS also conducted a flypast over Rajpath among other locations in the national capital as a mark of respect for those at the frontline in the fight against coronavirus.

Flower shower above J J hospital by Indian Navy in respect of Corona fighters. Picture/Shadab Khan

About 10 helicopters of Indian Coast Guard (ICG) will shower flower petals on COVID-19 hospitals at 5 locations. Apart from this, as many as 46 Coast Guard ships will carry out illumination, fire green flares and sound ships siren at 25 locations, including, the remote sites and far-flung island territories of Andaman and Nicobar Islands and Lakshadweep and Minicoy islands, covering the coastline of 7516 km.

Indian Naval Aviation assets will be flying over the hospitals treating corona patients and shower flower petals at Mumbai, Goa, Kochi and Vizag.

The activities planned by the defence forces were delayed by over an hour due to rains in parts of the country early this morning.

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Union Health and Family Welfare Minister Dr Harsh Vardhan on Sunday said that India's COVID-19 mortality rate of 3.2 per cent is the lowest in the world and over 10,000 coronavirus patients have been discharged from hospitals after recovering from the disease so far.

Today more than 10,000 COVID19 patients have been discharged. Those still admitted at hospitals are on the road to recovery. If in last 14 days doubling rate was 10.5 days, then today it's around 12 days.Our mortality rate of 3.2% is the lowest in the world: Union Health Minister pic.twitter.com/YnQpnJ9IeJ

— ANI (@ANI) May 3, 2020

"Today more than 10,000 COVID-19 patients have been discharged. Those still admitted at hospitals are on the road to recovery. If in last 14 days doubling rate was 10.5 days, then today it is around 12 days," the Minister told ANI after visiting Lady Hardinge Hospital.

"Our mortality rate of 3.2 per cent is the lowest in the world," he said. With 2,644 more COVID-19 cases and 83 deaths in the last 24 hours, the number of people infected from coronavirus in the country has reached 39,980 including 1,301 deaths, said the Union Ministry of Health and Family Welfare on Sunday.

Currently, there are 28,046 active cases while 10,633 COVID-19 positive patients have been cured/discharged.

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Maharashtra government has decided to allow standalone shops including liquor shops to open in green, orange and red zone areas, but not in containment zones.

As per the guidelines, only five non-essential shops can be opened in each lane. However, there is no restriction on the number of shops selling essential items opening.

The government has issued a list of guidelines informing what will be allowed and not allowed in different zones of the state

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On the occasion of Buddha Purnima, Prime Minister Narendra Modi on Thursday extended greetings to the nation and the followers of Lord Buddha around the world.  I extend my wishes to all on the occasion of Buddha Purnima. Today, the situation is such that I cannot participate in Buddha Purnima programmes physically. It would have been my pleasure to be with you all in the celebrations, but circumstances prevailing today do not permit us," the Prime Minister said in his address.

"It is my good fortune that I have got the opportunity to take your blessings. In 2015, 2018 in Delhi and in 2017 in Colombo, I had the chance of joining this event and being amongst you," he said. Praising Lord Buddha, the Prime Minister used one of his sayings to state that the lack of physical interaction on this occasion would not be a hindrance to the enthusiasm surrounding the day.

"Lord Buddha had said - the mind is the basis of Dhamma, the mind is Supreme, the mind is at the forefront of all tendencies. That's why since our minds are connected, we don't feel the lack of physical presence much," the Prime Minister said.

The festival of Buddha Purnima is celebrated to commemorate the birth of Siddhartha Gautama, who later became Gautam Buddha.

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While the Union government plans to help more than two lakh migrants to return home, it is the West Bengal government that is not supporting their cause and is not allowing trains carrying migrants to reach the state, Union Home Minister Amit Shah said in a letter to Chief Minister Mamata Banerjee. Shah claimed that migrants from West Bengal are eager to reach home, but the state government has not been allowing the trains to enter the state. "This is injustice with West Bengal migrant labourers. This will create further hardship for them," Shah said.

He claimed that the central government has been trying to aid more than two lakh migrants to return back to their home states, but it is only West Bengal that has not supported the initiative. "Migrants from West Bengal are also eager to reach home. Central govt is facilitating but we are not getting expected support from West Bengal," Shah wrote.

In the wake of demands by different state governments to run special trains to ferry people stuck in various states, Indian Railways on May 1 had said that it will run special trains from Friday itself to move labourers, pilgrims, tourists and students stranded across the country.

Railways Executive Director (Media) R.D. Bajpai had then said in a statement that as per the guidelines issued by Ministry of Home Affairs, it was decided to run "Shramik Special" trains to return migrant workers, pilgrims, tourists, students, and others to their native states.

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Hollywood actor Johnny Depp has stepped into social media by joining Instagram to share a special message for fans affected by the COVID-19 pandemic.

The "Pirates Of The Caribbean" star made his debut on the platform on April 16 by sharing a photograph of himself sitting on an old wooden bench in what seems like a cave, surrounded by candles and lights.

"Hello everyone... filming something for you now... gimme a minute," he captioned the image.

 

 

 

View this post on Instagram

A post shared by Johnny Depp (@johnnydepp) onApr 16, 2020 at 7:12am PDT

Depp gained 600,000 followers just three hours after creating the account, reports aceshowbiz.com.

A representative for the official account of his band The Hollywood Vampires and member Joe Perry both left comments featuring similar emojis on the comment section.

Moments later, the actor came back on the photo-sharing website and posted a piece he'd been filming.

A video message, which started like: "Hi everyone, hello to whomever might be out there in ether-land receiving this transmission. This is my first experience within the world of social media. I've never done anything like this before. I don't think I've ever really felt any particular reason to, until now."

"Yeah, now is the time to open up a dialogue as the threat of this invisible enemy has already caused immeasurable tragedies and enormous damage to people's lives. People are ill and without care, people are getting sick, fighting for breath and dying at frighteningly high rates."

Depp went on to reference those who have lost their jobs and others living on the streets "with no shelter or option of self-isolating at all".

"So I feel we need to try and help each other through these hard times, these trying times, for those we love, for our community, for ourselves, for the world and for the future."

He concluded his first Instagram message by thanking fans for "your kindness, your unwavering support and your strength over these years. I am touched beyond words."

The actor then shared his version of musician John Lennon's "Isolation" saying that "there's more to come" and noting that he hoped fans would "enjoy our version."

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Hollywood star Chris Hemsworth has thanked everyone for loving his digital movie "Extraction", which is on its way to become Netflix's "biggest film of all time". Hemsworth took to Instagram to post a video to express his gratitude about the response to the film, reports hollywoodreporter.com.

 

 

 

View this post on Instagram

🙏🙏🙏 EXTRACTION @thesamhargrave @therussobrothers @netflix @netflixfilm

A post shared by Chris Hemsworth (@chrishemsworth) onMay 2, 2020 at 4:14pm PDT

"Hey, what's up guys, I hope you're doing well. I just want to say a massive thank you to everyone who checked out 'Extraction', you've made it the number one film on the planet right now," said the actor from his gym.

"And it looks like it's going to be Netflix's biggest feature film of all time, which is absolutely mind blowing" he added.

The "Thor" star went on to say: "We are blown away by the response and the support. On behalf of myself, the Russo Brothers, Netflix, our director Sam Hargrave, thank you so so much. We love you guys".

He also addressed the rumors of a sequel to "Extraction".

"There's been a lot of talk and questions about sequels and prequels and all sorts of things, and all I can say is who knows," said the actor, adding: "But with this amount of support, it's something I will be pretty stoked to jump back into."

The action thriller released on Netflix on April 24, and attracted viewership from "an estimated 90 million households in the first four weeks" of its release, according to Hemsworth's previous Instagram post.

With "Extraction", argrave graduated from being Chris Evans' stunt double in "Captain America: The Winter Soldier" for fight scenes and stunt coordinator in "Captain America: Civil War" to a feature director.

Hargrave was an additional second unit director in "Avengers: Infinity War".

For his first film, Hargrave reunited with his "Avengers" family. He got "Thor" star Hemsworth to lead the film, screenplay of which is done by Joe Russo. The film is produced by Russo Brothers (Joe and Anthony Russo), Mike Larocca, Chris Hemsworth, Eric Gitter, and Peter Schwerin.

It revolves around Tyler Rake (essayed by Hemsworth), a fearless, black market mercenary, who embarks on the most deadly extraction of his career when he is enlisted to rescue the kidnapped son of an imprisoned international crime lord.

It has been shot extensively in India, along with other places around the world.

Originally titled "Dhaka", the film also stars Indian actors Randeep Hooda, Pankaj Tripathi, Priyanshu Painyulli, and Rudraksh Jaiswal.

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Neena Gupta treated her followers on Instagram with a fun video as the actress hit the five lakh mark on the social media platform. On Thursday, Neena Gupta took to Instagram to express her gratitude to all her fans who helped achieve five lakh followers.

Neena Gupta who is very active on Instagram shared a video where she is seen thanking her followers and fans. She is seen in a joyous mood as she cheerfully jumps around while addressing her followers. She said that it was because of her fans, their prayers and comments that helped her in hitting five lakh followers. Sharing the video, she wrote, "Thank you thank you."

 

View this post on Instagram

 

Thank you thank you

A post shared by Neena Gupta (@neena_gupta) on May 7, 2020 at 7:46am PDT

Neena Gupta constantly updates her fans about her life and expresses her thoughts on various topics through social media. From her fitness to beauty care to current topics, the actress shares her opinion on everything.

Neena Gupta started her second wave in cinema with her incredible performance in the film Badhaai Ho. She was seen in Shubh Mangal Zyada Saavdhan and Panga.

ALSO READ: After getting a head massage from husband Vivek Mehra, Neena Gupta returns the favour

A medicine developed by EU-funded researchers has been approved to treat children with the degenerative and fatal genetic disease Duchenne muscular dystrophy. A major clinical trial is expected to announce positive results soon.

Football superstar Cristiano Ronaldo flew back to Italy on Monday after almost two months in Coronavirus lockdown in his native Madeira, Portugal, but he is continues to help with donations during this COVID-19 pandemic.

Lokomotiv Moscow's Portuguese player Joao Mario has told British tabloid, The Sun that Cristiano is donating money to lower league players in Portugal, who are financially hit due to the pandemic.

"It's a bad situation for everyone but in these kinds of situations, it's worse. They [Portugal's lower league players] really need our help. Cristiano presented us an initiative for us all to help especially those players that are struggling, that do not have professional contracts," said Joao.

Meanwhile, Manchester City star Bernardo Silva said, "Ronaldo suggested that Portugal players should donate 50 per cent of their Euro 2020 qualification bonus towards a players's fund in the Portugal Football Federation."

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With the ongoing panic in the global as well as Indian stock markets, there is no end to foreign investors dumping Indian shares.

This wasn't the case a while back. Foreign institutional investor (FII) were making a beeline for Indian equities few months back.

How has this trend been so far this year? What has changed in recent weeks and months? And what's behind the heavy movement of foreign funds in India?

Let us look at some key points to answer these questions...

1. September 2019: FII Money Returns to India Again

   If we track the trend of FII flows in financial year 2019-20, after the Union Budget in July 2019, foreign investors began selling. They pulled out a ton of money from Indian equities.

   Why? Well, they were disappointed with the budget as it did not address the key concerns the economy was facing.

   However, the month of September was a different ballgame altogether as foreign money once again made its way into Indian equities. Not surprisingly it was also the month in which the Government made amends for its failed budget.

   This is evident in the chart below:

   September 2019: Foreign Money Returns to India Again

2. 3rd Quarter 2019-20: FIIs Keep Pouring Money in Indian Equities

   There were two reasons behind the above FII rush to Indian equities:

   1. Clarification by the FM that the tax on the super-rich was not applicable on foreign investors
   2. Cut in corporate tax rates, among other efforts, that had the potential to make Indian manufacturing globally competitive

   Both the above points strengthened the case for investing in Indian for FIIs.

   And they kept on pouring money in the following months.

   Here's how much money came by FIIs to Indian stock markets in the third quarter of FY20:

   Month	Net Investment (Rs, m)
   Oct-19	85,956
   Nov-19	129,249
   Dec-19	6,941
   Total	222,146

   Data Source: Equitymaster

3. 2019: Best FII Flows in Six Years

   Overall, in calendar year 2019, FIIs pumped in a net of more than Rs 1,000 bn (billion) in Indian stocks. This made it their best such infusion in six years. The previous high was Rs 1,130 bn in 2013.

4. 2020: The Downtrend Starts

   The buying trend, however, didn't last long. FIIs rushed out of India amid concerns of slowing economic growth and high stock valuations.

   In the month of January, they pulled out Rs 126.8 bn from Indian stock markets.

5. Feb-Mar 2020: Coronavirus Triggers FII Sell off

   The selling intensified further in February and March 2020. The major trigger was the coronavirus led panic sell-off across global financial markets.

   In February and March, Nifty and Sensex corrected sharply. It was not just Indian share markets but even global indices like the Dow Jones, NASDAQ, FTSE, DAX, CAC and the Nikkei that witnessed the brunt.

   In the Indian context, the stock market correction was exacerbated by the weak foreign investor sentiments. The real surprise was not the FII selling. It was the ferocity and the intensity of the selling in such a short span of time.

   From February 14th, the FIIs have been sellers on all days except one.

6. March FII Outflows to date to Surpass the 2008 Crisis Level

   So far in March, FIIs have sold a net of Rs 478.9 bn of Indian shares.

   And this makes the outflows of the month set to surpass the 2008 crisis level.

   While India is still better placed relative to other emerging market peers, the wipe-out has been massive.

What Should Market Participants Do?

There is no denying that FIIs play an important role in the Indian stock markets.

Strong FII participation is good from the domestic investors' point of view in the sense that it leads to enhanced liquidity and greater depth in the market.

However, in the event of FIIs pulling out on a larger scale and a free fall in the markets, the correction in valuations of fundamentally solid companies would be just temporary. It may in fact offer some lucrative value buying opportunities.

How do you zero in on these opportunities?

Our special report, How to Trade the Coronavirus Crash, has the answer. Just claim your FREE copy here...

Equity benchmark indices slipped by 2.7 per cent during early hours on Tuesday in line with Asian peers after US oil prices slipped below zero dollar a barrel in overnight trade.

US crude futures turned negative for the first time in history following a collapse in oil demand as the coronavirus pandemic derails the global economy.

At 10:15 am, the BSE S&P Sensex was down by 870 points or 2.75 per cent at 30,778 while the Nifty 50 edged lower by 248 points or 2.69 per cent at 9,013.

Except for Nifty pharma and FMCG, all sectoral indices at the National Stock Exchange were in the red with Nifty metal down by 5.2 per cent, auto by 5.1 per cent and private bank by 4.3 per cent.

Among stocks, index heavyweight Reliance Industries fell by 3.93 per cent to Rs 1,195.60 per share. Metal majors Hindalco dropped by 8.9 per cent at Rs 106.10 per share while Tata Steel lost by 7.1 per cent and Vedanta by 6.6 per cent.

Auto major Maruti skidded by 6.8 per cent to Rs 4,964.70 per share and Tata Motors by 5.2 per cent.

Private lenders IndusInd Bank, Axis Bank and ICICI Bank dipped by 6.7 per cent, 6.1 per cent and 5.8 per cent respectively.

However, those which gained were Dr Reddy, Cipla, Nestle India, Hindustan Lever and ITC.

Meanwhile, Asia shares were in the negative zone after an overnight tumble at Wall Street with US crude futures turned negative for the first time in history. However, it bounced back into positive territory this morning.

MSCI's broadest index of Asia Pacific shares outside Japan fell half a per cent. Japan's Nikkei fell by 2.26 per cent while Hong Kong's Hang Seng lost by 2.38 per cent and South Korea's Kospi slipped by 1.67 per cent.

Overnight stateside, the Dow Jones Industrial Average closed 592 points lower at 23,650, the S&P 500 slipped by 1.8 per cent to end its trading day at 2,823 and the Nasdaq Composite pulled back 1 per cent to close at 8,561.

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The oil market plunged further on Tuesday on concerns over a collapse in demand as the pandemic leaves factories, cars and airplanes idled around the world. The extreme volatility in energy markets highlights investors' worries about the duration of the Coronavirus outbreak and its impact on the economy.

That is in turn weighing on financial markets more broadly, including stocks. The benchmark US oil contract was down $4.78 at just $15.65 per barrel on Tuesday, having traded as low as $11.79 a barrel at one point. The drop comes a day after the price of oil fell below zero on Monday, partly due to technical factors as traders shifted from one futures contract to another. The US oil contract for delivery in May settled at -$37.63 per barrel on Monday, an indication that investors don't want to be left holding oil at a time when storage facilities are almost full and demand is at its lowest since the mid-1990s. The tumult in the oil market reflects uncertainty over where the world economy will head as governments begin to loosen controls imposed to contain the coronavirus.

"We could merely be in the eye of the hurricane as the epicenters of its rage remain centered around demand devastation and crude oil oversupply," Stephen Innes of AxiCorp. said in a commentary. "At a minimum, oil prices will be the last asset class to recover from lockdown" and only when travel restrictions are lifted, he said. Brent crude, the international standard, dropped $45.72 to $19.85. "The historic drop in WTI prices is an indication of the downward pressure which many other crude oil grades could face, given the oversupply situation," Sushant Gupta of Wood Mackenzie said. The volatility in energy markets unsettled stock markets as well. with Germany's DAX stock index losing 3.3% to 10,319 and the CAC 40 in France shedding 3.2% to 4,384. Britain's FTSE 100 declined 2.6% to 5,664.

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The Dutch Ministry of Finance announced on February 1, 2019, that the work-related costs scheme will be improved from 2020.

The UK Conservative Party has agreed to consider reducing the rate of Air Passenger Duty for airports in Northern Ireland after agreeing a coalition government with the Northern Ireland's Democratic Unionist Party party.

Indian share markets ended their trading session lower yesterday.

Benchmark indices edged lower tracking weak global cues as investors fretted over weak economic data and rising COVID-19 cases.

Barring energy stocks, all sectoral indices ended on a negative note with stocks in the power sector, telecom sector and consumer durables sector witnessing most of the selling pressure.

At the closing bell yesterday, the�BSE Sensex stood lower by 242 points and the�NSE Nifty�closed down by 72 points.

The SGX Nifty�was trading at 9,200, down by 53 points, at the time of writing.

The�BSE Mid Cap�index and the�BSE Small Cap�index ended their day down by 0.5% and 0.1%, respectively.

Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.

You would be interested in knowing when the market will likely bottom out.

Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.

You can check the same here -�This is When the Stock Market Will Bottom Out

Also, our special report, How to Trade the Coronavirus Crash, is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. You can�claim your FREE copy here...

Top Stocks in Focus Today

From the pharma sector, Dr Reddy's Laboratories share price will be in focus as the company announced that the its NDA (new drug application) Elyxyb ((celecoxib oral solution 25 mg/mL) has been approved by the US Food and Drug Administration.

The drug is indicated for the acute treatment of migraine with or without aura in adults.

From the IT sector, HCL Technologies share price will also be in focus as the company reported a 22.8% year-on-year (YoY) rise in consolidated net profit at Rs 31.5 billion compared with Rs 25.7 billion in the same quarter last year.

Revenue for the quarter rose 16.3% YoY to Rs 185.9 billion from Rs 159.9 billion reported in the year-ago quarter. In dollar terms, revenue rose 11.7% YoY to US$ 2,543.40 million from US$ 2,277.80 million. On a sequential basis, dollar sales were flat. Sales growth in constant currency terms rose 13.5% YoY to US$ 2,584.60 million.

To know more about the company, you can read HCL Technologies' Q4FY20 result analysis on our website.

Market participants will also be tracking RBL Bank share price, Cyient share price and Gillette share price as these companies announced their March quarter results yesterday.

You can read our recently released Q4FY20 results of other companies here: Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�HUL,�Reliance Industries,�Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems.

GSK Sells Stake in HUL via Block Deal

From the FMCG sector, Hindustan Unilever (HUL) share price will be in focus as the UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals yesterday.

According to the term sheet, over 133 million shares are being offered in the range of Rs 1,850-1,950 to investors through a special block window. The deal will be valued roughly between Rs 246 billion to Rs 259 billion.

GSK and�Horlicks�are selling up to US$ 3.4 billion worth of HUL shares through what could be India's biggest secondary market block trades.

The British drug maker is looking to monetise about 5.7% of�HUL stock it had got after last year's merger of GSK Consumer Healthcare and HUL.

As per the scheme of amalgamation amongst GSK Consumer Healthcare and HUL, GlaxoSmithKline Pte had received 54.08 million shares of HUL, meanwhile Horlicks received 79.69 million shares.

Accordingly, parent company Unilever Plc and group companies' stake in HUL reduced to 61.9%, from 67.2% earlier after the issue of new shares.

Yes Bank Q4FY20 Results

Yes Bank reported better-than-expected March quarter (Q4FY20) results.

Yes Bank�posted a net profit of Rs 26.3 billion on the back of one-time gain attributed to an exceptional item of Rs 63 billion.

The bank has written-down additional tier-1 bonds as part of its planned reconstruction scheme, leading to a one-time gain of Rs 63 billion.

In the absence of the exceptional gain, the bank would have reported a net loss of Rs 36.7 billion.

The bank had reported a net loss of Rs 15.1 billion a year ago, while the same was Rs 185.6 billion in Q3FY20.

The bank's net interest income (NII) for the March quarter came in at Rs 12.7 billion, up 19.6% sequentially.

Net interest margin (NIM) for Q4FY20 came in at 1.9%, compared to 3.1% a year ago.

On the asset quality front, gross non-performing assets (NPA) fell 19% QoQ to Rs 328.8 billion, mostly on account of write-offs.

The bank's deposits plunged to Rs 1.05 lakh crore, down 54% YoY compared with Rs 2.27 lakh crore.

Meanwhile, Advances declined 29% YoY to Rs 1.7 lakh crore from Rs 2.4 lakh crore in the year-ago quarter.

For the financial year 2019-20 (FY20), the private lender posted a loss of Rs 164.2 billion, on a standalone basis, compared to net profit of Rs 17.2 billion in the previous year.

To know more, you can read Yes Bank's latest result analysis on our website.

Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.

This is evident from the chart below:

India's Huge Lending Opportunity

Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.

Here's what Tanushree Banerjee wrote about this in one of the editions of�The 5 Minute WrapUp...

• Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.
  
  The Modi government is looking at various ways�to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.
  
  Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.
  
  Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this�megatrend.

Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.

As per her, now is the right time to buy these stocks to profit from the�Rebirth of India.�You can read about them here.

And to know what's moving the Indian stock markets today, check out the most recent�share market updates here.

Owing to the coronavirus pandemic, tech giants Facebook and Google will allow the majority of their employees to work from home.

At the interbank foreign exchange, the rupee opened at 75.36, then gained ground to touch 75.27, registering a rise of 45 paise over its previous close

Share price of Tata Motors slipped 2.36% intra day to Rs 84.85 compared to the previous close of Rs 82.50 on BSE

In a letter to Banerjee, Shah accused the Bengal government of not allowing "shramik (worker)" trains to reach Bengal and warned that non-cooperation would create hardship for state's migrants

The US-based firm also expects most offices to stay closed until July 6. Facebook currently employs 48,268 people, an increase of 28 percent (year-over-year)

A cluster-based approach to lending is likely to be the best strategy for optimal results in the shortest possible time to accelerate credit flow to the MSME sector

Coronavirus news: Fears ran amok that Franklin Templeton closing its six debt mutual fund schemes may trigger outflows from debt mutual funds. However, net outflows were only seen in credit risk and medium duration categories

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.

The IMF has welcomed the Austrian Government's efforts to lower personal income taxes but said that the labor tax burden remains high.

New Zealand is to introduce GST on low-value goods sold by overseas retailers from December 1, 2019.

Nearly three quarters of the sample reported having been "humorously" accused of promoting death; for example, being called "Dr. Death," in a recent survey of palliative care medicine practitioners.

People who are infected by Zika virus are less likely to fall ill if they had dengue fever before than individuals with Zika virus who never had dengue, reveals a new study.

China plans to actively expand imports and open up to foreign investment by reducing tariffs and taxes, according to a work report released by the Government ahead of the annual parliamentary session.

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.

The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced.

The European Commission has launched infringement proceedings against 14 member states for failing to implement the so-called value-added tax quick fixes.

Belgium should continue to pursue structural reforms to its tax, labor, and pension systems, a new report from the OECD recommends.

Highlights: The Ministry of Health and Family Welfare has proposed changes to the drugs and cosmetics

Highlights: The American Heart Association has published a statement on exercise and heart health It re

The German Ministry of Finance has adopted a circular including various tax relief measures for businesses affected by the coronavirus outbreak.

Australia is to require businesses seeking to tender for significant federal government procurement contracts to demonstrate their record of tax compliance.

The Australian Taxation Office has welcomed a significant ruling from Australia's High Court, which enables the tax agency to use information obtained from data leaks, even if leaked from a law firm.

The pace of tax reform has slowed across most leading economies, a new report from the OECD says, calling for bolder tax reforms to address future challenges.

The Irish Revenue has issued advice on the steps it is taking to help SMEs experiencing cashflow and trading difficulties arising from the impact of the coronavirus.

The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced.

The European Commission has launched infringement proceedings against 14 member states for failing to implement the so-called value-added tax quick fixes.

Soy is widely viewed as a healthful food. However, whether intake of soy products (unfermented and fermented) is associated with longer life expectancy is unclear.

A new study published in The BMJ revealed that weight loss at the 12 month-up diminished, and improvements in heart disease risk factors largely disappeared,

Sugary soda consumption downs kidney blood flow, and raise the risk of developing chronic kidney disease, according to a study in the iAmerican Journal of Physiology-Renal Physiology/i.

Students who had received sexuality education including refusal skills training before college matriculation were found to be at lower risk of experiencing

Lower sperm counts and other parameters of impaired sperm were observed in men having a longer duration of infertility problem. From the study of 1644