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Vyas will be in the new role for a period of eight months, effective from April 28, according to a BSE filing by the company.

While storage is rapidly filling up, production cuts by US shale producers, estimated by consultants Rystad Energy at 300,000 barrels per day for May and June, should help slow flows into tanks.

Rising scrap supplies amid a fall in demand could dent the world's second-biggest bullion consumer's imports and cap a rally in global prices, which hit a more than seven-year high earlier this month.

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.

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.

The high court order of March 30 came as steelmaker ArcelorMittal looked to enforce a $1.5 billion arbitral award stemming from a soured supply agreement.

Sugar sales in March and April declined by 10 lakh tonne because of the imposition of nationwide lockdown to control the coronavirus disease, the Indian Sugar Mills Association (ISMA) said.

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.

Dhawan will assume charge from Saturday in place of Ashish Agarwal, the current chief risk officer, who will transition to a new role in the bank.

Tata Consultancy Services' market valuation zoomed Rs 73,753.12 crore to Rs 7,56,049.23 crore, becoming the biggest gainer in the top-10 chart.

Madhav said Asian democracies like Singapore and South Korea along with India have set a "new example that you don't need to be authoritarian to handle such a big crisis".

With new orders and output shrinking at the steepest pace since at least early 2005 factories cut jobs at the fastest rate in the survey's history, signaling a high chance of recession.

The state retailers' petrol and diesel sales in first half of April declined by 61% and 64%, respectively, as a nation-wide lockdown to curb the spread of the coronavirus brought economic activity to a standstill.

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

The grim result for the industry, the engine of economic growth and jobs, underlined the pandemic's sweeping impact across India as authorities extended a nationwide lockdown.

However, the data only reflect company payrolls through April 12 so the report does not reflect the full impact of COVID-19 on the overall employment situation.

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.

The minister also noted that the pendency of dues owed to MSME units by the central government, state governments, public sector undertakings and major industries was "very high".

The Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking his intervention in the matter.

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.

Overall, the mutual fund industry witnessed net inflows of Rs 45,999 crore across all segments, data by the Association of Mutual Funds in India showed on Friday.

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.

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

The next sumo 'basho' or tournament had been scheduled to begin on May 24, after organisers delayed the event by two weeks over the pandemic.

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

Padraig Harrington announced live on air by mistake that Luke Donald was one of the vice-captains at this year's Ryder Cup.

Maria Sharapova recalled how Novak Djokovic earned himself a dinner with her by winning a match.

Around 500kg of specialized chemical to neutralize the effect of chemical leakage from LG Polymer plant at Gopalapatnam on the outskirts of Visakhapatnam, was airlifted from Daman in an Indian Coast Guard plane on Thursday afternoon.

A video of Ranbir Kapoor talking about Katrina Kaif has surfaced, Elon Musk's girlfriend, singer Grimes, has given birth to their first child together. More details in today's entertainment recap.

Rishi Kapoor died in Mumbai on the morning of April 30. Just the night before, Riddhima was granted permission to drive to Mumbai from Delhi. Riddhima is a jewellery designer and lives with her husband and daughter in Delhi.

An old pic of Kareena Kapoor is making rounds on the internet where she is seen posing with the sibling duo -- Ibrahim and Sara Ali Khan-- flaunting her baby bump.

Sambhavna Seth had to be rushed to the hospital because her blood pressure dropped. The actress is also suffering from an ear infection.

Leena Yadav, who worked with late veteran actor Rishi Kapoor in the film Rajma Chawal talked about her experience with the actor who was a "brutally honest" natural actor.

The photo is taken during the filming of Ranbir Kapoor, Alia Bhatt and Ayan Mukerji's big collaboration, Brahmāstra: Part One of Three or Brahmastra.

Despite working with late veteran actor Rishi Kapoor in many films, Jackie Shroff never happened to share any scene with him. The actor recently said that his dream of doing so will not come true now.

Sonam Kapoor and Rhea Kapoor's throwback picture from childhood is too cute to be missed.

A compilation video made from Rishi Kapoor's pics over the years shows his love for food. Check it out.

Nadeem Khan, son of famous Hindi novelist and scriptwriter Rahi Masoom Raza, was admitted to Lilavati hospital in suburban Bandra on Monday evening after he fell from a flight of stairs and suffered injuries.

The lockdown period brought filmmaker Nitesh Tiwari in front of the camera, and his nine-and-a-half-year old daughter Amaarisa got a chance to be a cinematographer on a scratch film for "Kaun Banega Crorepati".

Kareena Kapoor has posted a throwback picture of RD Burman with the Kapoor family.

Arjun is also raising funds for animals that have been affected by the Covid-19 lockdown.

Gulshan Grover, who worked with Rishi Kapoor on many films like Vijay, Dillagi and Hawaalat, talked about how the late actor helped him get more work and validation in the industry.

Actress Amyra Dastur is quite active on social media and keeps her fans entertained with her gorgeous pictures from her photoshoots and film sets.

Karisma Kapoor shared a slo-mo video from her trip to London to say how much she is missing the city while quarantined in Mumbai.

Sonam Kapoor and Anand Ahuja connected with family over video conferencing and enjoyed quarantine snacks on the occasion of their second marriage anniversary.

Janhvi Kapoor took to Instagram Stories, where she shared a funny video of her sister Khushi trying her banana toffee sauce.

Amitabh Bachchan has shared an interesting and funny trivia on social media about the year 2020. Check it out.

Sonam Kapoor and Anand Ahuja are celebrating their second marriage anniversary on Friday.