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Lockdown Period, Global Recession & Changes in Consumer Behaviour to Shape Economic Activity: Report

According to Dun & Bradstreet's latest report, changes in consumer behaviour will determine the segments that are likely to flourish after the pandemic comes under control.




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India Set to Cap Stimulus Package at $60 Billion to Protect Credit Rating: Report

On Tuesday, Fitch warned India's sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to steer the country through the coronavirus crisis.




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Foreign Investors Keen To De-risk China Businesses, India Should Seize Opportunity: BJP Leader

Asked about the reluctance of lenders to extend advances to small and medium enterprises, Panda said banks are "afraid" of increasing their lending to businesses despite several policy rate cuts by the Reserve Bank of India.




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Crane Owners Seek Liquidity Support Under MSME Package Amid Covid-19 Lockdown

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.




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Bad Debt of Indian Banks Could Double From Rs 9.35 Lakh Crore Due to Coronavirus Crisis: Report

Indian banks are already grappling with 9.35 lakh crore rupees ($123 billion) of soured loans, which was equivalent to about 9.1% of their total assets at the end of September 2019.




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Bharat Petroleum Seeks LNG Cargo for May 25 Delivery, Says Report

Bharat Petroleum was seeking to buy a May 25 delivery cargo two weeks ago, but the tender was not awarded then, market sources said previously.




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India Firms up Plan to Lure Companies Who May Leave China Post-Covid: Report

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.




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PSB NPAs Likely to Rise 2-4% Points; May Push Govt to Recapitalise via RBI Reserves & Bonds: Report

The report said the increase in non-performing assets by 2-4 percentage points will need a government recapitalisation requirement by $7-15 billion.




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US Trade Deficit Widens to $44.4 Billion in March on Falling Exports

Imports also fell, but only by 6.2 percent, as transportation and shipping began to close down worldwide.




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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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MSMEs Need Govt Push to Benefit from Comparative Advantage over China-made Consumer Goods: Report

It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China.




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Steel Giant ArcelorMittal Reports Net Loss of $1.1 Billion in First Quarter Amid Coronavirus

The company also had to reduce production due to reduced demand.




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India to Send Investment Pitches to More Than 1,000 American Companies to Relocate From China: Report

India is prioritizing medical equipment suppliers, food processing units, textiles, leather and auto part makers among more than 550 products covered in the discussions.




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Coronavirus Lockdown: India's Coal Import Declines by 29 Percent in April

Coal Minister Pralhad Joshi had earlier written to state chief ministers asking them not to import dry-fuel and take the domestic supply of fuel from Coal India Ltd.




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ArcelorMittal Reports $1.1 Billion Net Loss in Jan-Mar Quarter

The world's largest steelmaker had posted a net income of USD 0.4 billion in the year-ago quarter.




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India Exports 33.5 Lakh Tonnes Sugar so Far in 2019-20 Marketing Year

With five months still left for 2019-20 marketing year to end, the association feels the mills have the potential to fulfil their exports commitments.




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Record Excise Duty Hike Unlikely to Help Bridge Fiscal Gap: Report

Despite crude prices trading at a two decades low, the government had earlier this week hiked excise duty on petrol by Rs 10 a litre and on diesel by Rs 13 a litre to mop up nearly Rs 1.6 lakh crore in additional revenue this fiscal.




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Coronavirus Lockdown: PSBs Have Sanctioned Loans Worth Rs 42,000 Crore To MSMEs, Corporates So Far

Many MSMEs and corporates have also availed the three-month moratorium offered by banks as per the Reserve Bank of India




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India's Fuel Demand Dips Over 45% in April Amid Covid-19 Lockdown: Govt Report

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




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Saudi, US Firms Eye Stakes in Reliance's Jio, Deals Could Get Completed This Month: Report

The deal could be completed as soon as this month, though no agreement has been finalised and plans may change.




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Chinese Swimming Star Sun Yang Appeals Against Doping Ban: Report

Sun Yang was found guilty of refusing to give a doping sample and was banned for eight years for the same.




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No Spitting, No Fans: Baseball Restarts South Korea's Sports Season

South Korea's sporting industry emerged from the coronavirus shutdown with baseball while football and golf will soon follow suit.




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Sports Ministry Invites Nominations for National Sports Awards Through E-mail

The nomination inviting process usually begins in April but was pushed back due to Covid-19 lockdown and now, the final date of submission has been fixed at June 3.




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World Archery Puts All Its 13 Staff on 'Temporary Partial Unemployment'

World Archery executive board had suspended all its events till August 31, resulting in a huge losses to the federation.




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French Open in Talks with Governing Bodies Amid Rescheduling Reports

French tennis federation's decision to postpone the French Open to late September amid the Covid-19 crisis was widely criticised because the new dates clashed with the hardcourt season.




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Need to be Sensitive While Coaching Young Female Sportspersons: Sania Mirza

Sania Mirza said that coaches need to be sensitive of the hormonal changes that girls go through while working with them.




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Taiwan Baseball Draws Foreign Fans Amid Scarce Live Sports Due to Covid-19 Shutdown

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.




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'Heartbreaking, Disturbing, Painful': Sports Fraternity Offers Condolences After Vizag Gas Leak Tragedy

Sportspersons took to social media to offer condolences to the families of those affected in the Vizag gas leak tragedy and prayed for the recovery of those in the hospitals.




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Ultimate Fighting Championship Returns After Seven-week Sporting Shutdown

UFC chief Dana White touts the return of the mixed martial arts as a step toward normalcy and a boon for sport-starved fans.




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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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Sports Minister Kiren Rijiju Charts Way for Sports to Return to Normalcy After Covid-19 Lockdown

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




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Ayan Mukerji Reportedly Sends Brahmastra Footage to London for Visual Effects Work

Despite the coronavirus slowdown, director Ayan Mukerji is reportedly trying to ensure work on the Ranbir Kapoor starrer is completed.




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Salman Khan Not A Part Of Chiranjeevi’s Acharya: Report

A report has put to rest speculations regarding Salman Khan being approached by the makers of the movie Acharya.




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How I Represent Women On Screen Is Important For Me, Says Bhumi Pednekar

Bhumi Pednekar says she wants people to realize how equality is yet to be achieved in society through cinema. The actress was glad to have landed representing roles for women in movies like Dum Laga Ke Haisha, and Saand Ki Aankh.




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Jennifer Aniston's Representative Dismisses Reports of Brad Pitt's Daughter Calling Her ‘Mommy'

Jennifer Aniston's representative has dismissed reports that claimed Brad Pitt's daughter Shiloh has started calling the actress ‘mommy'.




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Iulia On Marriage Rumours With Salman Khan: Spending Life With Someone More Important Than Papers

Iulia is currently quarantining with Salman and his family at his Panvel farmhouse. Actress Jacqueline Fernandez and model Waluscha De Sousa are also present there.




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Irrfan Khan Represents Contemporary Indian Actors To The World, Says Neeraj Kabi

Actor-Director Neeraj Kabi says Irrfan Khan's death felt like a personal loss. The two worked together in the 2015 film Talvar.




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Johnny Depp Plays Guitar to Thank Fans for Support During Legal Battle with Amber Heard

In his latest Instagram post, Johnny Depp thanked his fans for staying by his side and supporting him during his legal battle with his ex-wife Amber Heard.




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Three more Covid-19 positive cases reported in Dakshina Kannada

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.




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Airtel Reportedly Lost About 30 Lakh Customers in J&K Due to Recent Network Shutdown

Union Home Minister Amit Shah said that Internet services would resume in the newly reorganised union territory (UT) on the recommendations of the local administration.




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Coronavirus Impact: Amazon India Extends Support to SMB Logistic Partners With Special Fund

This Partner Support Fund for SMBs in logistics will be available to Delivery Service Partners (DSP) and select Transportation partners in India.




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WhatsApp Multi Device Support Coming Soon? New Beta Update Suggests So

Using WhatsApp on multiple devices may soon become a reality, making the app even more flexible.




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OnePlus 8 Pro Users Are Reportedly Facing 'Crushed Black' and 'Green Tint' Display Issues

According to some OnePlus users, while the company recently rolled out updates to fix the issue, the problem continues to persist.




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More People Are Turning to Social Media, Music and E-Sports During Covid-19 Lockdown

Certain online activities have been given a major boost by internet users during the coronavirus lockdown around the world.




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Sales of Non-Essential Goods Spike on E-commerce Portals as Govt Eases Restrictions

While mobile phones remained the most searched item, searches for the mid-premium segment witnessed the biggest surge within the category.




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Windows 10 May 2020 Update is Reportedly Getting Delayed Until End of the Month: Here's Why

The delay in Windows 10 May 2020 update is believed to be because of a zero-day security exploit that Microsoft wants to patch.




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Zomato Reportedly Working on Branching Out Into Alcohol Deliveries

There is currently no legal provision for home deliveries of alcohol in India, something that industry body International Spirits and Wines Association of India (ISWAI) is lobbying to change in conjunction with Zomato and others.




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Delhi E-Token Portal to Purchase Alcohol Crashes Under Heavy Demand

The Delhi government launched an online portal offering e-tokens for customers to avoid long queues.




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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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Dineout’s Contacless Service Extends to Groceries, Airports, Alcohol Shops and More

Dineout believes the contactless suite can expand to airports, hospitals, liquor shops and others to reduce waiting times and enforce social distancing.