Liverpool's star footballer Mohamed Salah, 25, has donated a huge amount of money besides food to families in his hometown of Nagrig, a village in the Egyptian city of Basyoun, to help in the battle against the Coronavirus pandemic.

According to a report in British tabloid, The Sun, the Egyptian footballer sent supplies to poverty-hit residents along with some advice on how to stay safe from the virus.

Salah Ghaly, the Liverpool striker's father, said that the village has been sanitised and residents have been given facemasks to prevent the spread of the virus, which has already killed 205 people in the North African country. It is believed that the total amount donated by the Liverpool star is around £405,000 (R3.8 crore).
Mohamed is currently in lockdown like the rest of the UK, where the death toll has crossed 15,000.

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Russian tennis ace Maria Sharapova has allegedly flouted the strict Coronavirus-caused lockdown rules in the US, where over 55,000 have died due to the pandemic.

According to British tabloid, The Sun, Maria, 32, recently visited some friends around Los Angeles with boyfriend Alexander Gilkes, 41, whom she has been dating since 2018.

Maria was photographed on Friday, relaxing on a balcony alongside another couple at a Manhattan beach pad.

The quartet were in clear breach of the two-metre social distancing norm that has been laid down by the authorities in LA where there have been 850 COVID-19 deaths
till date.

A few days ago, Maria had announced on Instagram that she was heading to a friend's beach house. "Last night, we took a sunset road trip along PCH, picked up lobster brioche rolls from @broadstreetoysterco drive thru and made our way to a friend's beach house," the 2004 Wimbledon champion wrote.

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Nearly 125 sailors from 10 countries participated in the sailing and regatta events as part of the three-day vClusive Cup - India Yachting Festival, which concluded in Goa on Sunday. Organised by vClusive, Luxury Hues Group and Marine Solutions, the event was conducted under the auspices of the state Tourism Department, along with the Confederation of Indian Industries.

Representational picture

"The vClusive Cup - India Yachting Festival is a platform that focuses on lifestyle experience. Our success lies in the fact that the mega event connects brands and consumers on an engagement platform," Vinu Sundaresan, founder and CEO of vClusive, told reporters here.

"We are committed to shaping the development of the luxury and marine sector, hence, we believe in involving the industry towards the growth of the tourism and leisure industry at large."

The aim of the event, Sundaresan said, was to expand the horizons of marine and lifestyle tourism in the country, considering the fact that India has a coastline of 7,000 km which could be tapped.

Gautama Dutta, Executive Director, Marine Solutions, said: "Yachting is a leisure past time that is waiting to be developed into a highly leveraged lifestyle and leisure activity.

"We realise its potential and we are committed to developing it in India. We also understand that yachting is waiting to be experienced as a lifestyle that is satisfying, adventurous and thrilling."

There is a New India rising. Along with this rise, there is a growing demand for experiential leisure, he said.

"We believe yachting can fill this space promoting not only marine tourism but also building infrastructure and creating employment," Dutta added.

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This year, (fortunately or unfortunately) has shaped out to be a traveller's paradise, with over 16 long weekends coming up. There are a number of destinations, both domestic and international, that have gained popularity in the recent past as popular travel spots among tourists. Here are top 7 places you could visit in India and abroad, as per ixigo, a travel marketplace:

1. McLeod Ganj (Himachal Pradesh)
McLeod Ganj is a paramount center of Tibetan Buddhism and culture. Precisely known as Little Lhasa, the town is home to a number of monasteries, essential temples, and other ancient structures. This beautiful hill station has it all, from treks to strolls, delicious cuisines to amazing beverages, adventures to spiritual places and much more. If you are an adventure junkie, experience trekking and camping on the Triund trail.

Coorg. Pic courtesy/YouTube

2. Coorg (Karnataka)
One of the best times to experience the raw natural beauty of Coorg is during March. This month sees the blooming of tea and spice plantations which fills the valleys with fragrances, refreshing your senses to the core. Must visit places in Coorg include Abbey Falls, Nagarhole National Park, Namdroling Monastery, Burude Falls, Honnamana Kere Lake, among others.

3. Sundarbans (West Bengal)
In the pre-winter month of November, the gates of Sundarbans National Park open. This month makes traveling to the dense mangrove forests easier to navigate through the meandering rivers to spot the Royal Bengal Tigers, as they are out sunbathing by the river. With enjoyable temperatures, dense foliage, and a wondrous wildlife, Sundarbans is easily one of the best places to visit in November. Beware of crocodiles and wild boar.

4. Mount Abu (Rajasthan)
The only hill station of Rajasthan, Mount Abu is the perfect escape from the scorching heat of June. Sitting amidst green forests, it lies in the Aravalli mountain range, around 1,220 meters above sea level. Get most of your vacation here and visit places like Nakki Lake, the famous Sunset Point, Achaleshwar Mahadev Temple, Trevor¿s Tank and Toad Rock.

5. Istanbul (Turkey)
November in Istanbul is a few degrees warmer than the neighbouring countries of Europe and also provides a vigorous push of the exotic to ward off the winter blues. Quite literally the meeting ground of the East and the West, Istanbul is lined with frescoed palaces, churches, museums and art galleries. Indulge in a reviving Turkish bath, see the city from high above on a hot balloon or fill up on Baklava with Turkish tea.

6. Sri Lanka
Sri Lanka is stunningly picturesque, affordable and full of simple, smiling people. One of the most beautiful island nations of the world, its geography boasts of blissful beaches, rolling rainforests, and magnificent mountains while its culture and creative cuisine guarantee a trip most memorable.

7. Egypt
After the fierce heat of the summer months, September is pleasantly perfect to explore the ancient wonders and the endlessly spellbinding landscapes of Egypt. With peering pyramids, deserts, soaring minarets and temple ruins, this `Gift of the Nile¿ deserves a place in everyone¿s travel bucket list.

To loosen up and de-stress, millennials have understood that travelling is the best therapy. Utilising long weekends, Indians are exploring more offbeat locations rather than going to another city with the same hustle bustle, say experts. Dhruv Raj Gupta, Founder and CEO, TripShelf and Dhruv Sharma, CEO and Founder of GuestHouser, have listed few travel trends this year:

1. Staycation is in: Staycation or staying in the same city has undergone a very interesting paradigm shift due to over-tourism. Travellers are increasingly seeking out relaxed, luxury stays at holiday homes around them in the same city.

2. Choosing home stays over hotels: A growing population of well-travelled urban millennials has grown tired of conventional tourism; which focuses on the simple historical sightseeing and standardized hotel rooms. This population is looking for something more personal and unique wherein they can take a dip in an unfamiliar culture, and experience it by living with a native family. They also look forward to eating authentic food of the place they're visiting and home stays thus prove to be a good option.

3. Exotic or offbeat destinations: Stress busting and exploring unexplored places are the two top reasons for travel on long weekends amongst millennials instead of catching up with friends, research or writing. From quaint solo getaways to off-season mountain escapes and immersive adventures, urban millennials are not nervous about trying unexplored places. They prefer short backpacking trips with just 2-3 nights to stay, and don't mind taking overnight buses or road trips to destinations within a distance of 400 km from Delhi.

4. Last minute travel: With the upswing of various online portals and last-minute attractive deals, spontaneous trips are trending among millennials and they don't hesitate in making plans on the go. Bookings are made less than 24 hours before the trip to various off beat locations.

5. Solo travel on an all-time high: With an all-time high number of people travelling solo, the travel industry has completely transformed to enrich the experience of young solo explorers. These young travellers engage in enriching experiences, learning new skills, immerse themselves in culture while they are out there exploring. The solo excursion helps in a personalized experience that is curated based on individual likes and preferences.

6. Wellness retreat: As people are taking care of their mental health and are paying it equal attention to as their physical health, wellness trips are taking a huge hike. The goal is to be more mentally sound and relaxed before returning to the routine life. Activities like yoga, meditation, hiking, surfing, long treks or even running are the focus of such trips to reduce stress. Various places like Rishikesh, Gokarna, Coimbatore and Mysore have amazing wellness retreats.

New York: Maintaining strong social networks with positive, warm and trusting friendships in old age might be key to slowing down age-related decline in memory and brain functioning, researchers say.

Representational picture

The findings showed that superagers -- who are 80 years and older -- who have the cognitive ability at least as good as people in their 50s or 60s can have more satisfying, high-quality relationships compared to their cognitively average, same-age peers.

"This study supports the theory that maintaining strong social networks seems to be linked to slower cognitive decline," said Emily Rogalski, Associate Professor at the Northwestern University in the US.

"The study is particularly exciting as a step toward understanding what factors underlie the preservation of cognitive ability in advanced age, particularly those that may be modifiable," added Amanda Cook, doctoral student at the varsity.

Previous studies have shown psychological well-being in older age to be associated with reduced risk of developing Alzheimer's dementia.

"It's not as simple as saying if you have a strong social network, you'll never get Alzheimer's disease," Rogalski said.

"But if there is a list of healthy choices one can make, such as eating a certain diet and not smoking, maintaining strong social networks may be an important one on that list," Rogalski noted.

For the study, published in the journal PLOS ONE, the participants answered a 42-item questionnaire called the Ryff Psychological Well-Being Scale, which is a widely used to measure of psychological well-being.

The scale examines six aspects of psychological well-being: autonomy, positive relations with others, environmental mastery, personal growth, purpose in life and self-acceptance.

Superagers scored a median overall score of 40 in positive relations with others while the control group scored 36 -- a significant difference, Rogalski said.

The BRICS countries – Brazil, China, Russia, India, and South Africa – closed out a recent summit with an agreement on supporting one another, and developing nations, with tackling tax evasion and plugging opportunities for tax avoidance.

The US-based National Bureau of Economic Research has released a new report that looks at which countries' taxpayers have the most wealth stored in so-called "offshore tax havens."

England fast bowler Stuart Broad said that the UK government will have a big role to play in dictating the return of cricket in the country post the coronavirus pandemic. Broad however said that he personally does not feel nervous about playing whenever he is needed to.

"Cricket will literally be governed by the government. It's not as though the ECB (England and Wales Cricket Board) are going to have to be lone wolves and decide when we get back out there," Broad is quoted as saying by Daily Mail.

"The government will give the go-ahead and then us players will have to make sure we are in the physical capability to get match fit. I know how I feel about not seeing live sport and I know how much joy live sports brings me. So the players' responsibility is to make sure we are ready to go at the drop of a hat," he said.

Manchester City forward Sergio Aguero had said that many footballers were nervous to get back to playing because of the threat of the virus. Broad however said that he trusts medical staff fully and is not nervous because of that.

"I know everyone feels very differently about this. Sergio Aguero has been talking about how nervous the players would be. Personally, I wouldn't be," said Broad.

"I have huge faith in our medical team at the ECB. I have known Nick Peirce, the chief medical officer, for a long, long time and I have full faith in what he and his team believe is right for cricket.

"Yes, we all want to see cricket being played whether it is behind closed doors and just on TV or in front of spectators. And I know that the England doctors I've worked with over a long period of time would not cut corners to make it happen.

"So if one of Nick or Gurjit Bhogal, our current England team doctor, rings and tells me 'I think this is a good way to do it,' I will 100 per cent trust what they are saying."

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Australian flag carrier, Qantas on Tuesday extended international flight cancellations till the end of July, but said that it was in a strong position to endure disruptions caused by the COVID-19 pandemic.

The company said that domestic flights would be cancelled till the end of June and international services until the end of July, adding that domestic and trans-Tasman services could be quickly reinstated should restrictions ease in coming weeks, reports Xinhua news agency.

"Australia has done an amazing job of flattening the curve and we're optimistic that domestic travel will start returning earlier than first thought, but we clearly won't be back to pre-coronavirus levels anytime soon," Group CEO Alan Joyce said.

"With the possible exception of New Zealand, international travel demand could take years to return to what it was."

The company, which includes budget branch Jetstar, also revealed it had secured a further A$550 million ($354 million) in debt funding, placing it in a stronger position to endure the COVID-19 crisis.

According to Qantas, by reducing expenditure and borrowing against its fleet of aircraft, the company could survive several recovery scenarios, including one where current travel restrictions persisted until December 2021.

The reduction in expenditure is largely due to the standing down of more than 25,000 staff who were forced to use leave entitlements before receiving delayed financial assistance from the government.

"The impact of this stand down is deeply regrettable but has been greatly softened by the Australian Government's JobKeeper program, which the Group commenced paying several weeks ahead of the official payment start date," the airline said in a statement.

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[Source: Research & Innovation] Illegal fishing destroys marine habitats and threatens species living at sea. An EU-funded project is helping authorities to crack down on these operations by developing the world's first seabird ocean-surveillance system.

India has again extended the due date for furnishing the annual GST return and reconciliation statement for the 2017-18 fiscal year.

Indian share markets ended their trading session lower yesterday.

Benchmark indices edged lower tracking weak global cues as investors fretted over weak economic data and rising COVID-19 cases.

Barring energy stocks, all sectoral indices ended on a negative note with stocks in the power sector, telecom sector and consumer durables sector witnessing most of the selling pressure.

At the closing bell yesterday, the�BSE Sensex stood lower by 242 points and the�NSE Nifty�closed down by 72 points.

The SGX Nifty�was trading at 9,200, down by 53 points, at the time of writing.

The�BSE Mid Cap�index and the�BSE Small Cap�index ended their day down by 0.5% and 0.1%, respectively.

Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.

You would be interested in knowing when the market will likely bottom out.

Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.

You can check the same here -�This is When the Stock Market Will Bottom Out

Also, our special report, How to Trade the Coronavirus Crash, is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. You can�claim your FREE copy here...

Top Stocks in Focus Today

From the pharma sector, Dr Reddy's Laboratories share price will be in focus as the company announced that the its NDA (new drug application) Elyxyb ((celecoxib oral solution 25 mg/mL) has been approved by the US Food and Drug Administration.

The drug is indicated for the acute treatment of migraine with or without aura in adults.

From the IT sector, HCL Technologies share price will also be in focus as the company reported a 22.8% year-on-year (YoY) rise in consolidated net profit at Rs 31.5 billion compared with Rs 25.7 billion in the same quarter last year.

Revenue for the quarter rose 16.3% YoY to Rs 185.9 billion from Rs 159.9 billion reported in the year-ago quarter. In dollar terms, revenue rose 11.7% YoY to US$ 2,543.40 million from US$ 2,277.80 million. On a sequential basis, dollar sales were flat. Sales growth in constant currency terms rose 13.5% YoY to US$ 2,584.60 million.

To know more about the company, you can read HCL Technologies' Q4FY20 result analysis on our website.

Market participants will also be tracking RBL Bank share price, Cyient share price and Gillette share price as these companies announced their March quarter results yesterday.

You can read our recently released Q4FY20 results of other companies here: Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�HUL,�Reliance Industries,�Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems.

GSK Sells Stake in HUL via Block Deal

From the FMCG sector, Hindustan Unilever (HUL) share price will be in focus as the UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals yesterday.

According to the term sheet, over 133 million shares are being offered in the range of Rs 1,850-1,950 to investors through a special block window. The deal will be valued roughly between Rs 246 billion to Rs 259 billion.

GSK and�Horlicks�are selling up to US$ 3.4 billion worth of HUL shares through what could be India's biggest secondary market block trades.

The British drug maker is looking to monetise about 5.7% of�HUL stock it had got after last year's merger of GSK Consumer Healthcare and HUL.

As per the scheme of amalgamation amongst GSK Consumer Healthcare and HUL, GlaxoSmithKline Pte had received 54.08 million shares of HUL, meanwhile Horlicks received 79.69 million shares.

Accordingly, parent company Unilever Plc and group companies' stake in HUL reduced to 61.9%, from 67.2% earlier after the issue of new shares.

Yes Bank Q4FY20 Results

Yes Bank reported better-than-expected March quarter (Q4FY20) results.

Yes Bank�posted a net profit of Rs 26.3 billion on the back of one-time gain attributed to an exceptional item of Rs 63 billion.

The bank has written-down additional tier-1 bonds as part of its planned reconstruction scheme, leading to a one-time gain of Rs 63 billion.

In the absence of the exceptional gain, the bank would have reported a net loss of Rs 36.7 billion.

The bank had reported a net loss of Rs 15.1 billion a year ago, while the same was Rs 185.6 billion in Q3FY20.

The bank's net interest income (NII) for the March quarter came in at Rs 12.7 billion, up 19.6% sequentially.

Net interest margin (NIM) for Q4FY20 came in at 1.9%, compared to 3.1% a year ago.

On the asset quality front, gross non-performing assets (NPA) fell 19% QoQ to Rs 328.8 billion, mostly on account of write-offs.

The bank's deposits plunged to Rs 1.05 lakh crore, down 54% YoY compared with Rs 2.27 lakh crore.

Meanwhile, Advances declined 29% YoY to Rs 1.7 lakh crore from Rs 2.4 lakh crore in the year-ago quarter.

For the financial year 2019-20 (FY20), the private lender posted a loss of Rs 164.2 billion, on a standalone basis, compared to net profit of Rs 17.2 billion in the previous year.

To know more, you can read Yes Bank's latest result analysis on our website.

Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.

This is evident from the chart below:

India's Huge Lending Opportunity

Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.

Here's what Tanushree Banerjee wrote about this in one of the editions of�The 5 Minute WrapUp...

• Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.
  
  The Modi government is looking at various ways�to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.
  
  Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.
  
  Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this�megatrend.

Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.

As per her, now is the right time to buy these stocks to profit from the�Rebirth of India.�You can read about them here.

And to know what's moving the Indian stock markets today, check out the most recent�share market updates here.

Indian share markets ended their trading session on a positive note today.

Benchmark indices edged higher, tracking overnight gains in the US market and positive Asian stock markets.

Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.

Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.

At the closing bell, the�BSE Sensex�stood higher by 199 points (up 0.6%) and the�NSE Nifty�closed higher by 52 points (up 0.6%).

SGX Nifty�was trading at 9,260, up by 64 points, at the time of writing.

The BSE Mid Cap�index ended up by 0.1%, while the�BSE Small Cap�index ended the day down by 0.5%.

On the sectoral front, gains were seen in the energy sector and FMCG sector, while power stocks witnessed selling pressure.

Asian stock markets�finished on a strong note as of the most recent closing prices.

The�Hang Seng�was up 1% and the Nikkei was trading higher by 2.6%. The Shanghai Composite was up 0.8%.

European markets were trading on a positive note. The DAX was trading up by 0.8%, while the CAC 40 was trading up by 0.7%.

The rupee was trading at 75.55 to the US$ at the time of writing.

Gold prices�are currently trading up by 0.2% at Rs 46,274.

Speaking of the current stock market scenario, Indian stock markets have seen a stunning recovery over the last 5 weeks.

From its all-time high levels of 42,274 touched on January 20 this year, the Sensex crashed 39% to a multi-year low at 25,639 on March 23. Later, the index made a rapid recovery till April 30 as it added 4,250 points.

Thereafter, in just two sessions of this month, Sensex lost 7%.

Excluding this week's 7% fall, of all the rebounds after a 35%-40% fall in the market, the current one has been the biggest by a distance.

This is evident from the chart below:

Sensex: From Bear to Bull in 30 Days

While the Sensex has rebounded sharply, there are still many stocks out there that are trading at attractive valuations.

Co-head of research at�Equitymaster, Rahul Shah, believes this is a good time to get into stocks, even if you missed the rally because the market is fairly valued.

History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.

If you can�find good businesses�that can survive the current crisis, you will do well in the long run.

Moving on, market participants were tracking�Shree Cement share price,�TCI Express share price, and�SBI Cards and Payment Services share price�as these companies announced their March quarter results (Q4FY20) today.

You can read our recently released Q4FY20 results of other companies here:�Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�Reliance Industries,�Marico,�Kansai Nerolac,�NIIT Technologies,�Persistent Systems,�SKF India.

In news from the banking sector, RBL Bank share price was in focus today.

The private lender on Thursday reported a 54% decline in its March quarter net profit to�Rs 1,143 million on the back of higher provisions.

The bank's total provisions trebled on a year-on-year (YoY) basis and stood at�Rs 6.1 billion in Q4FY20. It holds�Rs 1,079.5 million of provisions in excess of what RBI has mandated for covid-19 related moratorium.

The lender logged a 37% YoY growth in its operating profit at Rs 7.7 billion compared to Rs 5.6 billion a year ago.

The bank's total revenue jumped 33% YoY to Rs 15.2 billion from Rs 11.5 billion reported in Q4FY19.

RBL Bank's net interest margin (NIM) stood at 4.93% in the March quarter. Its net interest income (NII) grew 38% YoY to�Rs 10.2 billion in Q4FY20.

The bank's deposits fell 1% to�Rs 578.1 billion in Q4FY20. Current and savings account (Casa) deposits grew 17% and 2% sequentially to�Rs 171.1 billion in the March quarter.

The private lender's advances increased 7% to�Rs 580.2 billion.

For the financial year 2019-20, the bank's total income stood at Rs 55.4 billion, up 39% YoY from Rs 39.8 billion, while its operating profit jumped 42% YoY to Rs 27.5 billion.

To know more, you can read RBL Bank's Q4FY20 result analysis on our website.

Moving on to news from the pharma sector, shares of Dr Reddy's Laboratories rallied 8% today to hit a 52-week high of Rs 4,132, after the company received the Establishment Inspection Report (EIR) from US health regulator for its manufacturing plant at Srikakulam.

In a regulatory filing, the company said it has received EIR from the US Food and Drug Administration (USFDA), for the Active Pharmaceutical Ingredients (API) manufacturing plant at Srikakulam, Andhra Pradesh (CTO VI).

The site was issued warning letter in November 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now.

Dr Reddy's Laboratories share price ended the day up by 3.8%.

In other news, Laurus Labs share price witnessed selling pressure today. Stock of the company�slipped 10% today after more than 30 million equity shares of the pharmaceutical company changed hands via multiple block deals.

As much as 19.1 million shares were traded on BSE, while on the National Stock Exchange (NSE), about 15.3 million shares changed hands.

Last week, the company had reported its consolidated net profit at Rs 1.1 billion, which more than doubled from Rs 430 million reported in the year-ago quarter.

The company's board also recommended for the sub-division of equity shares of the company from existing face value of Rs 10 each to face value of Rs 2 each, subject to regulatory approvals.

Speaking of the pharma sector, in December 2019, co-head of Research at�Equitymaster, Tanushree Banerjee had predicted that pharma could be the sector to see a�big rebound in 2020.

And rightly so, most�pharma companies�have re-emerged as the safer bets for investors in the ongoing market turmoil. Last month, the Indian rupee touched a new record low of Rs 76.92 against the US dollar. Most�pharma companies�generate their revenues through exports. Hence, a depreciating rupee is a positive development for them.

As per Tanushree, in a�post Covid-19 world, healthcare expenditures globally will see a big rejig.

Tanushree has her eyes on an exciting tech stock. The company in question is developing its medical division. It's focusing on telemedicine, which Tanushree believes will be a huge growth driver in a post Corona world.

Looking at the potential upside in the stock, over a period of five to ten years, Tanushree believes investors could become a�One Stock Crorepati.

To know what's moving the Indian stock markets today, check out the most recent�share market updates here.

The South African Revenue Service has released the 2017 edition of its Tax Statistics report, looking at the agency's performance over the 2013 to 2016 tax years.

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.

Prime Minister Najib Razak has defended the Government's decision to introduce a goods and services tax, claiming that the levy "saved" Malaysia from the fall in oil prices.

The Cypriot tax authority has extended until January 15, 2018, the deadline for multinational corporations to submit their notifications concerning country-by-country reporting for 2017. The deadline had been December 31.

The Cyprus Government has announced a number of extensions to tax return filing dates.

The EU is to apply existing anti-dumping measures on Chinese imports of seamless pipes and tubes of stainless steel for another five years.

On March 12, 2020, the Italian Revenue Agency announced the suspension of its audit activities in light of the COVID-19 outbreak.

The IMF has said that Malta should look for ways to diversify its tax base and strengthen tax revenues.

On March 18, 2020, the Belgian tax authorities announced the postponement of various value-added tax filing and payment deadlines to support companies during the coronavirus crisis.

On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis.

Switzerland's Federal Tax Administration has announced the exchange of information on millions of financial accounts with 75 partner countries.

The Swiss Federal Council has announced that it will expand a system of guarantees for SMEs to provide support for start-ups during the coronavirus pandemic.

The Swiss Federal Council has announced that it will expand a system of guarantees for SMEs to provide support for start-ups during the coronavirus pandemic.

On March 27, 2020, the United States Treasury Department and the Internal Revenue Service issued a notice which extends COVID-19-related filing and payment relief to federal gift and generation-skipping taxes.

The Irish Revenue has updated its guidelines on requesting Mutual Agreement Procedure assistance in Ireland.

On December 24, 2019, a law was published in Turkey's official gazette extending a value-added tax exemption for the purchase of machinery and equipment.

The Austrian Ministry of Finance has announced that proceedings in relation to tax offences and the payment of duties and fees will be extended due to restrictions on movement imposed as a result of the COVID-19 virus.

On April 17, 2020, the President of Poland signed legislation into law to extend transfer pricing documentation deadlines, as part of a package of additional COVID-19 economic support measures.

The United Arab Emirates' Federal Tax Authority has announced changes to value-added tax filing and payment deadlines, for tax periods that ended on March 31.

On April 29, 2020, the Belgian tax authority announced changes to the deadline for the submission of annual corporate tax declarations due to the COVID-19 crisis.

Infection rate from a measles outbreak that has swept the country started to come under control in Samoa. Samoa, the south pacific nation has been gripped by measles, a highly infectious disease.

A new study by investigators at Brigham and Women's Hospital puts the results of a landmark trial about blood pressure control into terms that may be easier to interpret and communicate to patients.

The Phase 3 Report on Switzerland by the OECD Working Group on Bribery evaluates and makes recommendations on Switzerland 's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

The tax burden in Switzerland increased by 0.2 percentage points from 26.9% to 27.1% in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Swiss standard VAT rate is 8%, which is one of the lowest standard VAT rates in the OECD and considerably below the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014

The tax burden in Slovenia increased by 0.3 percentage points from 36.5% to 36.8% in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Slovenian standard VAT rate is 22%, which is above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.

The pre-release event of Sudeep and Aakanksha Singh's Pailwaan was held at an upscale hotel in Bengaluru recently.

The tax burden in the Slovak Republic increased by 1.5 percentage points from 28.1% to 29.6%, the third highest rise amongst member countries in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Slovak standard VAT rate is 20%, which is above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.

The tax burden in Portugal increased by 2.2 percentage points from 31.2% to 33.4, the largest rise amongst member countries in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Portuguese standard VAT rate is 23%, which is well above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.

The tax burden in Poland increased by 0.3 percentage points from 31.8% to 32.1% in 20121. The OECD average was an increase of 0.4 percentage points from 33.3% to 34.7%. The Polish standard VAT rate is 23%, which is well above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.

Norway has made significant progress in its efforts against the bribery of foreign public officials in recent years, according to a new OECD report. But more could be done to strengthen enforcement, including by focusing on the confiscation from companies of the proceeds of bribery.

The tax burden in Norway declined by 1.5 percentage points from 42.3% to 40.8%, the largest fall amongst member countries in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Norwegian standard VAT rate is 25%, which is considerably above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.

Imraan Hasnee knew Irrfan for the past several years and had to seek special permission to be able to remain physically at the actor's funeral.

According to reports, Kim had earlier sent a personal message to Chinese President Xi Jinping to praise China's success in getting its epidemic outbreak under control.

The tax burden in the United States of America increased by 1percentage point from 24.4% to 25.4% in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The United States is the only OECD country that employs a retail sales tax rather than a value added tax (VAT) as the principal consumption tax.

Aggressive tax planning – untaxed income, multiple deductions and other forms of international tax arbitrage - is a growing concern for all governments.