Business

It said that given the extended lockdown, India is likely to announce further fiscal easing to support growth and its assessment of India's rating in such a case would be guided by our judgement of its probable medium-term fiscal path in the post-crisis e...

Max Financial will hold a 70% stake in the joint venture partnership.

The companies have tailored special schemes in collaboration with many insurance firms to keep people involved in its supply chain motivated so as to ensure supply and availability of their products.

Various nations are on track to ease certain restrictions and allow businesses to reopen, raising investors' hopes of higher numbers of testing kits and more drug trials

The 24 life insurance companies' collective premium income stood at Rs 43.33 lakh crore during fiscal year 2018-19.

The Nifty Banking Index extended gains to rise as much as 2.9% after the announcement, while the Nifty Private Bank Index jumped 3.1%.

Oil futures marked their third straight week of losses last week - and have fallen for eight of the past nine - with Brent ending down 24% and WTI off around 7%.

A senior Indian government source who is involved in policymaking said New Delhi will try to approve any investment proposal in a non-sensitive sector within 15 days when the stake being bought is not significant.

In their plea, the Wadhawan brothers said that they should be granted protection from arrest at least during the lockdown period considering the coronavirus outbreak.

RIL's 35.2 million tonnes a year SEZ refinery processed 2.51 million tonnes of crude oil into fuel in March, a drop of 24 per cent year-on-year, according to data released by the Ministry of Petroleum and Natural Gas on Thursday.

IMF Chief said countries that were affected early, such as China, South Korea, and Italy, have suffered large contractions in manufacturing activity and services due to the pandemic.

Gilead, in an emailed statement, said "the totality of the data need to be analyzed in order to draw any conclusions from the trial."

Earlier in a government briefing, Indian Council of Medical Research said that there have been early reports of Covid-19 patients showing improvements after Remdesivir was given during treatment.

As per the Ministry of Home Affairs guidelines, it is clear that the e-commerce companies can only deliver essential goods.

As per the World Bank's latest assessment, India is expected to grow 1.5 per cent to 2.8 per cent during the current fiscal due to the impact of the COVID-19 pandemic and consequent lockdown.

The 'essential sectors' of mining, agriculture, manufacturing and utility sectors is said to incur the worst impact due to the coronavirus outbreak.