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Sensex Gives up Early Gains to End 262 Points Lower; Financial Stocks Tank

Slumping over 810 points from the day's high, the 30-share BSE index settled 261.84 points or 0.83 per cent lower at 31,453.51.




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Sensex Drops Over 200 Points in Early Trade, Nifty Below 9,200 Amid Covid-19 Concerns

ITC was the top loser in the Sensex pack, tanking nearly 6 per cent, followed by Axis Bank, Titan, Bajaj Auto, Maruti, M&M, L&T and IndusInd Bank.




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Asia Gasoil Margins Drop to Record Low Amid Signs of Indian Export Surge

India's April gasoil exports closed at a four-month high of 2.73 million tonnes, compared with 2.53 million tonnes in March, according to Refinitiv oil research assessments.




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EPFO Allows Employers to Register Digital Signatures via Email

Currently, authorised persons of employers have to go to the Employees' Provident Fund Organisation (EPFO) offices to get their digital signatures registered.




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Govt Allows Businesses to Verify Monthly GST Return through EVC

Currently, businesses are required to digitally sign GSTR-3B form while filing monthly return and paying taxes.




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India's Rating Outlook Reflects Rising Risk of Slower GDP Growth, Low Policy Effectiveness: Moody's

Moody's Investors Service on Friday said the negative outlook on India's rating reflects increasing risks that GDP growth will remain significantly lower than in the past and partly hints at weaker policy effectiveness to address economic and institutional issues.




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Equity Mutual Fund Inflows Hit 4-month Low of Rs 6,108 Crore in April

Overall, the mutual fund industry witnessed net inflows of Rs 45,999 crore across all segments, data by the Association of Mutual Funds in India showed on Friday.




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New Zealand Warriors Coach Urges Players to Help NRL Restart by Following Covid-19 Rules

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.




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Egyptian Tennis Player Follows Brother in Receiving Life Ban

Egypt's Youssef Hossam received life ban for match-fixing and his brother has got the same two years ago for corruption.




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Spanish Club Says it Mistakenly Allowed Novak Djokovic to Train Against Covid-19 Rules

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




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Taiwan Baseball League Set to Allow Fans Back in Ballparks from Friday

The China Professional Baseball League said up to 1,000 people would be permitted to enter ballparks from Friday.




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Some NBA Clubs Allowed to Test Players for Coronavirus: Report

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




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Gas leak: 500kg neutralizer from Vapi flown to Visakhapatnam

Around 500kg of specialized chemical to neutralize the effect of chemical leakage from LG Polymer plant at Gopalapatnam on the outskirts of Visakhapatnam, was airlifted from Daman in an Indian Coast Guard plane on Thursday afternoon.




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Rashami Desai Joins TikTok, Gains 4 million Followers in Just a Day

Former Bigg Boss 13 contestant Rashami Desai has started her TikTok journey with a bang as she gained a huge number of followers in just one day.




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Neena Gupta Crosses 5 Lakh Followers Milestone on Instagram, Thanks Fans With Video Message

Actress Neena Gupta has thanked fans for showering love on her as she crossed 5 lakh followers on Instagram.




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Ariana Grande Says She Didn't Allow Tiger King Star to Appear in Video of Duet with Justin Bieber

Ariana Grande prevented Carole Baskins's clip from being a part of her Covid-19 fundraiser song Stuck With U featuring Justin Bieber.




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Money Heist Director Picks Cast for Indian Version, Rashami Desai Gains 4mn Followers on TikTok in a Day

Money Heist director Alex Rodrigo picks picked his choice of cast for the Indian version of show, Rashami Desai joins TikTok. More details in today's entertainment recap.




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Industry Dialogue: There is The Need For an Anonymous Yet Open Flow of Data For Contact Tracing

A fairly straightforward yet key process, contact tracing is attempting to determine every person that an infected individual has come into contact with. It is a crucial tool to help identify those people who are infected or might potentially be infected to ‘flatten the curve’.




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Mobile Phone Manufacturing Resumes as Economy Slowly Reopens, ICEA Lauds Govt for Move

The government, on Friday, issued a directive to ease restrictions on manufacturing and sale of handsets across the country as the lockdown was extended for two more weeks.




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Xiaomi India Says it is Not Collecting Any More of Your Data Than What You Allowed

Xiaomi India MD Manu Jain issued a statement saying that any data it collects from its #MiFans in India stays within rented servers in the country.




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Aarogya Setu Data Fully Anonymised, No Third Party Access Allowed: MyGov India

MyGov has assured that most of the generated data that may contain private identifiers is encrypted locally and fully anonymised to protect identity.




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Covid-19 Impact: Indian IT Industry Growth Slows Down, But Not Drastically

The IT services market will grow at a compound annual growth rate of 7.6 per cent between 2019-2024, to be valued at $14.6 billion by the end of 2024.




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Aarogya Setu Flaw Can Allow Any User to be Tracked Down, Claims Hacker

According to French ethical hacker Robert Baptiste, Aarogya Setu's code structure could have allowed info of over 90mn users to be exposed to public.




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Facebook to Reportedly Allow Employees to Work From Home Until the End of 2020

According to the report, Facebook CEO Mark Zuckerberg may announce the company's office reopening plan in an official statement soon.




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Little Things 3 Review: Dhruv Sehgal-Mithila Palkar's Show Slows Down in the New Season

Dhruv Sehgal and Mithila Palkar's Dhruv-Kavya moments in Little Things season 3 surely gives us the oh-so-me moments but such situations worked more as small videos.




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Narinder Batra Gets Extension as FIH President Following Postponement of Body's Annual Congress

Narinder Batra will continue as FIH President till next year Congress, which was postponed to May due to coronavirus.




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Reviving the Indian Economy: Montek Singh Ahluwalia's Method of Combating 'Very Serious Slowdown'

During the launch of the book, Ahluwalia said that there is no doubt that we have entered a period of a very serious slowdown.




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Alan Pardew Leaves ADO Den Haag After Just 8 Matches in Charge Following Eredivisie Cancellation

Alan Pardew's contract as ADO Den Haag manager was to expire at the end of the Eredivisie 2019-20 season, which was scrapped due to coronavirus.




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'We Will Never Stop Fighting for Equality': Megan Rapinoe After Equal Pay Case Dealt a Blow

Megan Rapinoe and the US women's soccer team were left 'shocked and disappointed' after federal judged dismissed their bid for equal pay.




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Major League Soccer Allows Individual Workouts to Resume on Wednesday

In accordance with the government Covid-19 shutdown laws, MLS has given a green signal to players to begin working out individually on team outdoor training fields.




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Campania Regional Government Allows Napoli to Resume Training

The Campania region is the second in Italy to allow its local Serie A club to recommence preparations, under strict health guidelines,




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The One I Liked To Watch and Follow was Andres Iniesta: Bruno Fernandes

Bruno Fernandes revealed how Andres Iniesta had a huge influence on his playing style.




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Football Set to Allow Five Substitutions in 'Temporary' Response to Covid-19 Suspension

International Football Association Board, working with FIFA, are looking to increase the number of substitutions for the teams to deal with the likely fixture congestion after football restarts.




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Football to Allow Five Substitutes During Post-coronavirus Fixture Backlog

The International Football Association Board said in as statement that it had agreed to a proposal by world governing body FIFA for a temporary change to the rules




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F1 Leader Lewis Hamilton No Longer a Follower on Instagram

Lewis Hamilton told reporters that deleting social media from his life has made a significant difference to it.




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Formula One Follow Lewis Hamilton's Eco-friendly Policy as They Announce Plans to Go Carbon-neutral

Lewis Hamilton had said last month that he intended to make himself carbon-neutral by the end of this year.




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FIA Safeguard Clause Could Facilitate Lower Formula One Budget Cap

F1 teams have agreed verbally to lower the 2021 budget but some are pushing for further cuts to reflect the global financial crisis caused by Covid-19.




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After Showering Flowers, Ghaziabad RWAs Tell Doctors to Not Return Home Citing Covid-19 Fear

The Ghaziabad municipal administration has appealed to residents welfare associations and local councillors to advise doctors and healthcare staff working in Delhi to stay there and not return home.




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Social Stigma, Low Testing Behind WB's High Covid-19 Mortality Rate: Experts

Social stigma and low testing are the key reasons for the high mortality rate among COVID-19 patients in West Bengal, where the disease, like elsewhere in the country, is still an urban phenomenon, experts say.




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Nearly 2,000 Migrants Gather Outside Govt Office Following Rumour in Gujarat's Gota

On learning about the sudden rush of people at the deputy collector's office near Gota bridge, police officials immediately reached the spot and persuaded the migrants, mostly from UP and Bihar, to disperse.




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Japan Asks India to Restart Economic Activities, Allow its Companies to Resume Work

According to sources, India responded to the request saying that it values the contribution of Japanese companies in the country and assured that their issues will be addressed.




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SC Stays Orissa HC Order Asking State to Allow only COVID-19 Negative Migrants to Return Home

The high court, in its interim order passed on Thursday, had suggested the state should ensure that only those who have tested negative for COVID-19 are allowed to return.




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Madras HC Orders Closure of Liquor Shops in Tamil Nadu, Allows Online Sales with Doorstep Delivery

After a dry spell of 43 days, liquor sales resumed at TASMAC outlets in Tamil Nadu, except Chennai, on Thursday. Serpentine queues were witnessed outside most of them and norms of social distancing were flouted.




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Restaurant, Bars, Pubs in Karnataka Allowed to Sell Liquor Amid Lockdown as Takeaway

The order comes as Karnataka generated nearly Rs 200 crore in revenues due to the sale of alcohol this week.




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Saad Audio Clip Asking Tablighi Jamaat to Not Follow Social Distancing was Doctored, Police Probe Suggests

Saad Kandhalvi and six others were charged with flouting of lockdown orders and booked under the Epidemic Disease Act, 1897 and the Indian Penal Code on March 31.




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2 Indians Flown Back to Kerala from UAE Test Positive for Covid-19; State's Infection Toll Climbs to 505

Kerala Chief Minister Pinarayi Vijayan said 23,596 people were currently under observation at their homes, and 334 at different hospitals.




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Tamil Nadu Further Eases Curbs, Allows Private Firms to Resume Work With 33% Work Force

The government also extended the timings for groceries and vegetable shops from the present 5 pm till 7 pm, effective Monday, throughout Tamil Nadu.




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Allow Free Rail Travel For Migrant Labourers to Reach Home: Adhir Writes to PM

Chowdhury said that a large portion of the migrant labourers are from the minority community and urged that the government feed these people during the month of Ramadan owing to their hapless condition.




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Covid-19: Kumaraswamy Calls for Lowering Cost of Living

Former Karnataka Chief Minister H D Kumaraswamy has called for citizen-centric measures and stressed the need to lower the cost of living, as he cautioned the state and Central governments about the impact of COVID-19 lockdown on economy and people in-tuen.




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Heard PM for Three Hours, Wish We Were Allowed to Speak: Mamata on CMs' Video Conference with Modi

West bengal CM Mamata Banerjee further hit out at the Modi-led government for issuing lockdown-related circulars without consulting the state governments and which did not have adequate clarity.