In its report titled Global Macro Outlook 2020-21 (April 2020 update), Moody's lowered G-20 advanced economies as a group to contract by 5.8 per cent in 2020.

Chief Economic Adviser K Subramanian said policy making in India happens throughout the year, coming up with a separate budget may only be a legal way to go about it.

The NSE Nifty 50 index advanced 3.11 per cent to 9,850.3 by 0455 GMT, while the benchmark S&P BSE Sensex was up 3.1 per cent at 33,734.26. Both indexes were on course for their fourth straight session of gains in a holiday shortened week.

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialised favipiravir antiviral tablets, and had applied to Indian drug authorities to start trials.

A committee headed by the state’s chief secretary that also includes representatives from South Korea and Japan will submit a report within one month.

The agency affirmed the long-term issuer default ratings (IDR) of SBI and BOB at 'BBB-' and those of ICICI Bank and Axis Bank at 'BB+'.

The coronavirus has infected workers at dozens of locations, igniting small protests and prompting labour organisers to demand site closures

The state government has also decided to provide working capital loans to MSMEs at lower interest rates. A fund to the tune of Rs 200 crore would be created to lend loans between Rs 2-10 lakh.

SBI Chairman Rajnish Kumar said he is hopeful of more relaxations by May 31 and expects economic activity to return by the festive season.

Reeling under pressure due to sharp drop in footfalls following the COVID-19 pandemic, operators in the country's coworking industry believe the blip could be temporary and demand for flexible space would go up again as some key factors are going for them.

Since the first lockdown extension, Crane Owners Association of India, which has over 150 members, have written twice to MSME Minister Nitin Gadkari and once to Finance Minister Nirmala Sitharaman, seeking their help.

Antibody testing is an important step to tell if someone has been previously infected. It will provide more understanding of the virus.

Remdesivir is authorised for the treatment of hospitalised patients with severe Covid-19 disease though the optimal duration of treatment is still being studied in ongoing clinical trials.

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.

Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.

In March, the government announced a Rs 1.7 lakh crore relief package focusing on providing food security to the poor and providing money in their hands to fight COVID-19.

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.

The state government on Thursday increased the VAT on petrol to 38 per cent from 36 per cent earlier while on diesel to 28 per cent from 27 per cent earlier.

Forex traders said a positive start of domestic stocks and significant foreign fund inflows supported the local unit.

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.

Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes - its lowest since 2007, government data showed on Saturday.

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.

Georges Laraque, who is asthmatic, developed pneumonia in both lungs and was hit by nightly fevers post hospitalisation after testing positive for Covid-19.

Novak Djokovic posted a video showing him exchanging shots with another man at clay court in the coastal city of Marbella.

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

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

Tennis Australia spoke about the uncertainty around restrictions around coronavirus and said they will have to plan for all possible scenarios.

Taiwan's baseball league games are being streamed with English commentary, racking up millions of views for matches featuring cardboard cut-outs of fans and robots beating drums.

A total of 19,245 players registered for the CheckmateCovid Chess Tournament and GM Ankit Rajpara won it.

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.

Rafael Nadal said all tennis players will have to comply if officials require 'vaccination to travel' and to 'protect' everyone on the tour.

UFC fighter Ronaldo 'Jacare' Souza and his two cornermen were found positive for Covid-19 but asymptomatic and will self-isolate off host hotel.

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

She was yearning to hold her new-born baby boy in her arms, but could not do so as she had tested positive for coronavirus. Finally, Thursday came as a big relief for 26-year-old Rashmi Patel, a staff nurse at a private hospital in Chikhli town, when she snuggled her son and broke into tears of joy.

The last three Covid-19 patients were discharged from hospital in Bharuch on Thursday. These patients were got discharged from the Jayaben Modi Covid-19 hospital in Ankleshwar, after their two test reports came negative.

Sambhavna Seth, who shot to fame after her participation in Bigg Boss 2 in 2008, was "rushed to the hospital" on Monday.

The Bachchan family, in a series of posts, shared how they celebrated Navya's big day at their Jalsa home since her graduation ceremony has been stalled due to the COVID-19 pandemic.

Jennifer Aniston has posted a throwback photo on Instagram to express how she feels about the Covid-19 crisis.

Aamir Khan's advice comes after winners of the second edition of Cinestaan India's Storytellers Script Contest were announced digitally by him, director Rajkumar Hirani, and writers Anjum Rajabali and Juhi Chaturvedi.

Former chief minister of Karnataka and Congress leader Siddaramaiah on Friday asked the state government to demand a special economic package of at least Rs 50,000 crore from the centre to deal with the coronavirus crisis.

Even as health authorities are scrambling to find answers on who ‘P-0’ as far as First Neuro Hospital is, Dakshina Kannada district on Saturday reported three more positive cases. The trio have emerged primary contacts of P-578, a 69-year-old male from Kasba village in Bantwal taluk, who in turn was the primary contact of P-390, the first victim of Covid-19 in this coastal district. P-390 is among the three victims of Covid-19 in the district.

This classification tool has already been used to analyse more than 5,000 unique viral genomic sequences, including the 29 novel coronavirus sequences.

India's new digital tax has caught the industry off guard as it was not part of the main proposals which the finance ministry had presented in parliament in April.

Swiggy has instructed restaurant and delivery partners to follow a strict sanitisation process, and also issued a fundraiser for the underprivileged.

The companies say the first seeds of the exposure notification Application Programming Interface (API) to select developers associated with public health authorities (PHAs) around the world.

The proposed solution will work in two stages. The first are the APIs that are now available on iOS for iPhones and Android OS for Android phones. The second will be an integration of contact tracing tech within Android and iOS.

The company said it has also received over two lakh e-mails from customers for delivering the non-essential items with demand for mobile phones rising 200 percent.