In FY20, the average daily turnover of futures trading on the bourse was Rs 32,423 crore, an increase from Rs 25,647 crore in 2018-19.
The telecom operator had said it is an important measure to avoid disruption in the networks to support work from home. The company on March 23, wrote to Reliance Jio, Vodafone Idea, BSNL and MTNL for an intra circle roaming (ICR) arrangement terming it "of paramount importance" to serve the nation and prepare for any kind of exigency.
According to the orders, the Joint Committee of Parliament in consultation with the government recommend a 30-per cent cut in Constituency Allowance of Rs 70,000 per month of each MP, which comes to Rs 21,000 per month.
DHFL said all the rated debt papers of the company are carrying default grade ratings and disclosures on the same have been made to the exchanges.
“The OutSystems Education Program is a strategic, multi-year initiative where Out Systems works side by side with partners and customers to help provide free access to our technology to universities and schools.
The group extended the rest towards support for healthcare assistance to counter the pandemic. The amount would be raised from the group’s CSR fund and contributions from Nimesh Kampani.
Strategic divestment in Shipping Corporation of India and Container Corporation of India has been put on hold in the wake of the global outbreak of Covid-19 even as the government evaluates plans to reduce its stake in state-owned entities to 51%.
The results will be announced after stock market trading hours.
Currently, 2,950 beds in city hospitals are reserved for COVID-19 patients. The Delhi government will takeover 12,000 hotel rooms in the wake of spike in number of coronavirus cases, Kejriwal said. "We will give the police phone numbers of Tablighi Jamaat event attendees to trace and ascertain whether they moved in nearby areas," he said.
Demand for flights has plummeted as countries around the world close their borders and restrict movement in a bid to stem the pandemic, plunging even large airlines like Lufthansa into an unprecedented crisis.
The 8,885 and 9,000 levels will act as resistance, while the support may come in at 8,710 and 8,590.
India like many other countries has imposed a total shutdown of air traffic, both domestic and international. The 21-day lockdown is preventing movement of people till April 14. Re-opening of air travel will have a phased approach. In India, we have a very strong domestic tourism market, over 87%, a key factor in the industry’s recovery.
In a letter to Prime Minister Narendra Modi, Congress president Sonia Gandhi made various suggestions for fighting COVID-19 including imposing a "complete ban on media advertisements - television, print and online - by the government and Public Sectors Undertakings (PSUs) for a period of two years".
A meeting of the GoM chaired by Defence Minister Rajnath Singh and participated by Home Minister Amit Shah and Finance Minister Nirmala Sitharaman concluded that religious centres, shopping malls and educational institutions must not be allowed to resume normal functioning at least for four weeks from April 14 when the current lockdown ends.
Sharing more information in this regard, a spokesman of Food, Supplies and Consumer Affairs Department said that the rate capping of 25 essential commodities including pulses, sugar, salt, wheat, flour, potatoes and onions has been done by all the Deputy Commissioners in their respective districts and every shopkeeper has been strictly directed not to sell any product above the capped rate.
The COVID-19 related lockdown has affected the working in the jute mills thereby disrupting the production of jute bags. Textiles ministry on Tuesday said the move is aimed to protect the interest of the wheat farmers as the grains are likely to ready for packing mid-April onwards.
This financial support will be to pay salaries and meet other fixed cost at the company’s 80 dealer outlets in the country, Skoda said on Tuesday. It may be releasing Rs 50-60 crore this quarter to meet the obligations on behalf of dealers.
State Bank of India, Bank of Baroda, IDBI Bank, Bank of India, HDFC Bank, Union Bank of India, Allahabad Bank, and L&T Finance are some of the lenders that put up assets for sale, dealers said. Individual lenders could not be contacted immediately for comments.
Global oil demand has dropped by as much as 30%, or about 30 million barrels per day (bpd).
Sarma who is also education minister assured that state government is drafting elaborate guidelines for schools pertaining to fees payment and others.
Axis Trustee Services sold 15,98,321 shares in Reliance Capital at Rs 4.50 apiece. The shares closed flat at Rs 4.50.
Traders said investor sentiments remain fragile amid concerns over the impact of coronavirus outbreak on the domestic as well as global economy.
Assam Transport Minister Chandra Mohan Patowary in a review meeting has directed the senior officers of Transport Department to ensure that adequate numbers of trucks are made available for carrying of essential food commodities in the districts.
Oncologists recommend deferment of non-critical surgeries, radiation and chemotherapy sessions taking into account the low immunity levels of cancer patients.
Walmart-owned Flipkart is undertaking fresh hiring of 4,000 people, Spencer's Retail 1,000, two senior industry executives said. Reliance Retail and Arvind Fashion are building their processes for a surge in e-commerce and phone orders, and training manpower for that.
"It seems necessary and advisable that the Government of India borrow this directly from the Reserve Bank of India instead of borrowing from the market. The FRBM (Fiscal Responsibility and Budget Management) Act should be amended to enable this," the former finance secretary said.
The Central Board of Secondary Education (CBSE) will offer skill courses as an additional sixth subject for classes 6 to 11 from 2020-21 academic session, officials said on Tuesday. In essence this flexibility will keep multiple career possibilities open for each student, instead of the current situation of rigidity once the first choice is made.
Analysts said NSE Nifty needs to cross the 8,360 level for an initial target above 9,040.
These COVID-19 dedicated facilities will have separate earmarked areas for suspected cases and confirmed cases, and ensure the available hospital bed capacity is used only for moderate to severe cases of the infection, it said in a document.
The PSPCL will have to bear additional burden of Rs 350 crore due to the various reliefs announced for the consumers, an official spokesperson said, adding that the Chief Minister also lauded the employees of PSPCL and PSTCL for their untiring efforts in maintaining continuous supply of power in this time of crisis.
The fund deducted will be used for buying medical equipment, drugs and prevention initiatives against coronavirus across Tamil Nadu.
ber 2018, Swiss power major ABB Group had said the Japan-based Hitachi will buy an 80.1 per cent stake in its power grids arm in a deal that values its grid business at USD 11 billion (Rs 78,763 crore).
"Our exports will take an unprecedented hit in such challenging times. The worst-hit are lifestyle products like leather, carpets, handicrafts, apparels etc which are having over 75 per cent cancellations. This will also put pressure on current account deficit as overseas remittance will decline so will be FDI/FIIs inflow in the country," he said.
The federal wheat procurement in India has been deferred to April 15 and the states needs to maintain social distancing during the 45-50 day long marketing season that usually witnesses convergence of farmers across districts.
Learning from the experience of other countries with respect to the need of Covid exclusive hospitals, the government has identified and designated 13 hospital in 13 district as Covid hospitals. No other patients will be treated in these hospitals to avoid further transmission, said the government.
Participants say the quantum of penalties is too high given that many brokerages are struggling.
Apart from Mumbai's 116 cases, new cases were reported from Pune (18), three each from Ahmednagar, Nagpur and Aurangabad, two each from Thane and Buldana, and one each from Satara, Ratnagiri and Sangli, said the Health department official.
Kolkata Port Trust has carried out a major sanitisation drive in all berths at Haldia dock complex to bring its operations to the normal level which slumped to 50 per cent after a dock employee was tested positive to coronavirus on Saturday.
"COVID-19 is already affecting tens of millions of informal workers. In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," the ILO report released in Geneva said.
"Intensifying Covid-19 pandemic and a looming global recession have cast an unprecedented cloud over the credit quality outlook of India Inc, which has already been impacted by a slowing economy. This has forced CRISIL to slash its base-case gross domestic product (GDP) growth forecast for fiscal 2021 to 3.5%," Crisil said in a release on April 02.
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