Beaten down banking and industrial stocks likely to outperform in near term: Taher Badshah

Don’t expect oil prices to go beyond $30 this year: Manish Singh

Can't be in lockdown forever, have to focus both on lives and livelihoods: Raghuram Rajan

Lockdown was easy, opening up to require a lot of confidence: Rashesh Shah

Be extremely cautious and don't get swayed by the sharp bear market rallies: Dipan Mehta

The real economic activities in Rajasthan are taking place in the rural areas. On April 18, we had 62,000 NREGA (National Rural Employment Guarantee Act) workers; on May 5 the number jumped to 16.5 lakh, said Pilot.

The first phase of easing lockdown began as the government announced removing restrictions by allowing more business to open and operate from dawn to 5pm.

South Korea's capital has shut down more than 2,100 nightclubs, hostess bars and discos after dozens of coronavirus infections were linked to club goers who went out last weekend as the country relaxed social distancing guidelines.

The H-1B is a non-immigrant visa that allows US companies to employ foreign workers from countries like India and China in speciality occupations that require theoretical or technical expertise.

Coronavirus pandemic: Kanpur metro construction resumes amid lockdown 3.0

Coronavirus lockdown: 97 trains carrying migrants entered state so far, informs UP Govt

Lockdown 3.0: Migrant workers clash with cops in Surat, over 100 detained

COVID-19: Mangaluru doctors claim to develop ‘bubble helmet’ for better safety of health workers

NRI deposits between April & August saw an inflow of $4 billion, compared with $5.7 billion in the same period last year. NRIs in the Gulf, who contribute the maximum to the deposit chunk, are showing preference towards mutual funds.

The payments bank sees average monthly remittances of close to Rs 5,000 crore from daily wage earners working in various factories, construction sites, small businesses, plumbers, carpenters, cab drivers, among others.

Industry leaders said April-June quarter would be a washout even for the high and mighty.

Charge filings, which indicate new loans or additional collateral towards past loans, fell 57.4% to 277 in March and April combined from 650 in January and February, according to data compiled by Propstack, a financial data intelligence provider.

The country's largest carmaker Maruti will resume operations at its Manesar plant from May 12.

Component makers are also working overtime to restart factories, but delays in getting approvals are causing hindrance in some states, especially in Maharashtra and Tamil Nadu that have the biggest automotive manufacturing hubs, industry insiders said. This, they said, could weigh on the plans of the automakers.

Maruti Suzuki restarted operations at 680 dealerships till Wednesday, covering almost 35% of the addressable market. The nation’s largest carmaker is seeking permission from local authorities to reopen all but 500 of its remaining over 2,400 outlets. The 500 showrooms are in Covid-19 containment zones.

The auto major has commenced production at its Sriperumbudur factory in Tamil Nadu adhering to 100 per cent compliance of safety and social distancing norms, Hyundai Motor India said in a statement.

In Europe, investment grade-rated companies raised $83.2 billion in April, according to Refinitiv data.

The company's consolidated net profit stood at Rs 146.7 crore in the quarter ended March 31, 2019.

The Covid-19 outbreak brought the world to its knees, leading to sealing of borders, ban on travel, and postponement or cancellation of all major sporting events. So, here they are now, confined to their homes with the Games delayed by a year, no competitions, no proper training and no sign of light at the end of the tunnel.

Not only Kumari's but samples of four other Indians, including 2017 Asian champion quarter-miler Nirmala Sheoran's had returned negative at NDTL but were found positive when tested in Montreal. Jhuma Khatun, one of them, was also handed a four-year ban, last month.

US gold futures rose 0.6 per cent to $1,698.70.

Higher exports from India, the world's biggest producer of sugar, could put pressure on global prices and limit shipments from rivals such as Brazil and Thailand.

Palm oil has ended lower for the past three sessions, and has lost 5% so far this week.

Why do chefs in India continue to serve so much pastiche on the plate while pretending it is original work? One reason is that audiences lap it up.

‘Demand environment, supply opportunity and currencies are the three major drivers for pharma’

At the interbank foreign exchange market, the local currency opened at 71.25.

“Today, USDINR pair is expected to quote in the range of 71.05 and 71.50,” Motilal Oswal Financial Services said.

The rupee on Friday hit a fresh record low of 74.48 against the US dollar following sharp sell-off in domestic equities

The rupee fell against the US dollar after the Federal Reserve cut interest rates to near zero per cent in an emergency move amid the economic impact of the coronavirus outbreak.

The rupee on Friday surged against the US dollar following some selling in American currency by banks and exporters.

Forex traders said the rupee which started the day on a positive note, witnessed heavy volatility.

The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency.

Forex traders said stimulus measures announced by the RBI and FPIs turning net buyers in capital markets boosted investor sentiment.

Motilal Oswal Financial Services expects the rupee (Spot) to quote in the range of 75.20 and 76.20.

Forex traders said the rupee is trading in a narrow range as losses in the greenback supported the rupee, while weak domestic equities weighed on the local unit.

Privately-held real estate investment firm Cain International has signed an agreement with the Oberoi Group for the operation of 23 serviced residences in Mayfair in London.

According to the consulting firm KPMG, in comparison to the economic crisis of 2008, the government now has limited options to undertake corrective interventions owing to the financial stress which was already prevalent in the pre-COVID-19 period.

​​Addressing a press conference, MHA Joint Secretary Punya Salila Srivastava said the government intends to give relaxations to people within the lockdown guidelines. These trains are part of this endeavour, she said.

The Commission of Railway Safety, which investigates all serious rail accidents and clears all rail projects, also said that now that such an incident of migrant or other persons walking along the tracks leading to consequent deaths have come to notice, all-out efforts must be made to prevent recurrence of such incidents in future.

The task force, in a report released on Thursday, acknowledged stress in the telecom sector and said the Supreme Court judgement mandating companies to pay around Rs 1.35 lakh crore has placed some operators in a "precarious position" due to the short period of time in which they have to meet their liabilities.

"We request the DoT to kindly consider extending the currently specified timelines for minimum roll-out obligation by a period of at least 6 to 9 months so that relief is afforded to all forthcoming minimum roll-out obligation timelines and not just to those due for testing at this present point in time," COAI said in a recent letter to Department of Telecommunications (DoT).

Mukesh Ambani just sealed three deals in as many weeks to raise a combined $8 billion. And he isn't done yet.

Chief Minister Bhupesh Baghel has written to union steel minister, asking him to instruct the public-sector enterprise under his ministry to act "responsibly in a crisis". Since NMDC had "diverted the corporate social responsibility fund of people of Chhattisgarh to the newly created PM Cares fund", it could also pay up the Rs 1,023 crore it owed the state for mining violations, the letter said.

The likes of Tata Steel and Jindal Steel & Power are exporting 80-90% of their production, while JSW Steel is looking at shipping out somewhere around 20-30% of its output.

The third auction "is being undertaken by PFCCL (PFC Consulting) as per the IMC (Inter-Ministerial Committee) decision. The CIL's role is limited to making available the source-wise availability of coal which it has already provided to PFCCL. Therefore, other issues need to be taken up with PFCCL, being the agency responsible for conducting the auction," CIL told APP.