As uncertainty looms large, volatility again jumped 28% on Monday as equity markets resumed trading after a long weekend.

Yes Bank shares jumped 20 per cent to hit upper circuit at Rs 31.60 apiece on BSE in otherwise weak trade on Thursday. Bank reported a net profit of Rs 2,629 crore for the quarter ended on March 31.

The March mayhem that saw domestic benchmark indices tank 24% in not behind investors despite a decent recovery in the month of April. However, the coming few months could be crucial for investors.

Franklin Templeton shifted part of the blame for the recent winding down of six of its debt mutual funds on to capital markets regulator Securities and Exchange Board of India.

Among one of the companies that ended up in Rakesh Jhunjhunwala’s shopping cart during the January-March quarter was another Tata Group company -- Rallis India.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Out of 30 Sensex stocks, 16 scrips finished trade in red with NTPC as top laggard, down 4 per cent, followed by M&M, Axis Bank, IndusInd Bank and State Bank of India (SBI)

In the morning session, BSE Sensex reclaimed 32,000-mark while Nifty 50 was trading near its crucial 9,400. These five stocks in action today

Reliance Industries controlled by Mukesh Ambani, Asia’s richest person, is in discussions with banks for a potential sale of its 4.9% stake in Asian Paints Ltd. through a series of block trades.

HCL Technologies posted strong March quarter numbers with revenue increasing by 16% on-year basis and PAT jumping 22.7% in the same time period. The stock has surged 27% from recent lows and is now down just 10% year-to-date.

Hindustan Unilever share price jumped 4% on Friday to trade at Rs 2,070 per share on the NSE Nifty-50 after a bulk deal that saw French multinational investment bank and financial services company, Societe Generale buy 1,29,00,000 shares.

Various news flows viz., stake sale by Reliance Industries in its subsidiary Jio Platforms, block deal in HUL, government’s decision to increase the tax on retail fuel etc., influenced the market movements.

With theatres being shut since for over a month now, many small and mid-rung production houses are understood to be in talks with video over-the-top (OTT) platforms for direct-to-digital launch of their unreleased movies.

It said Axis Bank identified that more than 10% of its customers (25% of its loan book by value) as on April 25 availed the payment moratorium.

Significantly, this was the latest twist in the long battle over the will of Late Priyamvada Devi Birla being fought between the Birla family and the Lodhas.

As IBM Watson has been able to achieve some scale, the company believes that by putting the NLP technology in commercial use it will be able to expand its capabilities much further.

Google Hangout, Microsoft Teams, Webex and Zoom are enabling businesses to create a collaborative work environment.

Trai on March 29 had asked all the telecom operators to extend the validity of talk-time of their pre-paid subscribers so that they continue to get uninterrupted services.

West Bengal chief minister Mamata Banerjee has allowed resuming operations in the gardens of Darjeeling, Doars and Terai with a workforce of 25%.

If Digital India delivers on its promise, rural Indians are likely to outnumber urban Indians online.

Refusing to clear the air on the buzz around the bank acquiring a microfinance lender, Sobti said the bank’s microfinance portfolio will grow to Rs 10,000 crore from Rs 3,000 crore over the next three years.

It has been proven that portfolio allocation leads to long-term optimum results on investments. Awareness among investors is gradually increasing on the imperative of allocation.

Shares of Idea Cellular plunged 6.99 % on Monday closing the session at Rs 85.85 a share on the Bombay Stock Exchange (BSE) after the company on Saturday reported a poor set of numbers for the March quarter.

Kuldeep Yadav performed brilliantly in the first T20 against the Windies to ensure India registered a comfortable win over the visitors.

Opec, Russia and other non-Opec producers — an alliance known as Opec+ —agreed to reduce supply by 1.2 million bpd from January 1.

The Indiabulls board has constituted a reorganisation committee headed by SS Mundra, independent director on the board of Indiabulls and former RBI deputy governor, to undertake necessary decisions in relation to the proposed merger.

India produces 6-7 million tonne raw cashew per annum, and was till recently the leading supplier of kernels to the global markets.

There is nothing further the government can do, Kumar said, adding that there is liquidity, partial credit enhancement and interest rates have moderated. Asked about the progress made in the resolution of stressed NBFC Dewan Housing Finance (DHFL), Kumar said: “That you should ask the company.”

Finance minister Nirmala Sitharaman in the FY20 Budget abolished MDR charges for all merchants having a turnover of over Rs 50 crore which would lead the payment companies taking a hit on their margins.

The impression was reinforced when Rajnath Singh, and not Shah, was appointed last month to head the 15- member high-power ministerial committee coordinating with states on ensuring movement of essential supplies during the lockdown.

To bounce back from the pandemic quickly, India needs a stimulus package of at least 5% of GDP that focuses on broad-based development in laggard eastern states.

Leaders should take a decision when they have 40-70% of the information required for taking that decision.

Amended FDI regulation is problematic under the WTO law. India should adopt a more facially neutral regulation

Covid-19 could benefit the dairy industry as consumers could shift from meat-based to dairy-based protein. The govt may consider reducing GST on ghee and milk fat from 12% to 5% .

The trend of low power demand, now furthered in the post-Covid economy, and increased RE generation, will continue to put a ceiling on the PLF of the thermal fleet.

Extending the lockdown well beyond mid-May would shave 8-9% off the real GDP. but, the damage being done doesn’t seem to be filtering up to those in charge

While this makes China the first country formalising digital currency—Bitcoin alternatives have existed for long now—it also sounds the bugle for other central banks to join the race.

The basic decision making on the ground must be left to the states and should involve municipal corporations and wards.

With crude price low, the govt should think of moving completely to DBT for food, fertiliser and power.

India’s share of world manufacturing output is just 3%; it can easily be raised to 6% in 3-4 years, and 15% by 2030

Covid-19 presents an opportunity for UGC to push for US SAT-style common entrance exam

The Xiaomi Mi Note 10 Lite attracted a lot of interest in last week's poll - the sentiment is positive, though some wish the price was lower. As it stands, it's quite close to the vanilla Mi Note 10 and some people are willing to pay extra to get not one but two telephoto cameras. More than half of voters are interested in the Lite model, though most of them will wait for a promotional price before pulling the trigger. Only 18% of voters think that the recently-discounted Mi Note 10 is a better buy. Whether you go with the Note 10 or Note 10 Lite, it's still a win for Xiaomi, of...

The study said that the increase in frequency of this strain is happening at an alarming rate, which indicates that this strain has an advantage over the original strain from Wuhan in terms of fitness.

4C aims at providing insight across campaign performance on all-channels in an easily accessed, self-serve package

Billionaire Elon Musk has vowed to sue local authorities “immediately” after his Tesla electric car factory wasn’t allowed reopen due to Covid-19 restrictions, and has warned he’s considering pulling out of California altogether.
Read Full Article at RT.com

United States President Donald Trump sent a message of congratulations to Dana White and the UFC for being the first major sports league to return to action following the Covid-19 shutdown.
Read Full Article at RT.com

Hours after Tesla CEO Elon Musk said that he would pull the car maker’s plant from the Golden State, the company sued Alameda county, accusing officials of “defying” state laws by refusing to allow the facility to reopen.
Read Full Article at RT.com

As Elon Musk sues Californian authorities for stopping a Tesla factory from reopening, he has found a somewhat novel way of dealing with his critics – dismissing them with short Russian insults.
Read Full Article at RT.com

Even agri-exports as a share of GDP is fairly lower for India relative to the rest of the world despite being one of the largest producers of agri-commodities globally.

After a lifetime high FPI withdrawal in the month of March, the foreign portfolio investors have once again pulled out nearly Rs 15,000 crore from the country's capital market in April.

The challenges of the Model Agricultural Land Leasing Act, 2016 and how to protect the interest of small and marginal farmers was discussed in detail.