It also extends date till June 30 for passing of order or issuance of notices by the authorities under various direct taxes and Benami law. Besides, date for 'Vivad Se Viswas' scheme has also been extended by three months till June-end

Sensex, Nifty Live News Today: In March month, Sensex and Nifty have declined by 25%. The coronavirus is guaranteed to throw the world into recession, and economists are becoming less convinced about the potential for a strong snapback in growth.

Out of gross borrowing of Rs 7.8 lakh crore, the government proposed to borrow 62.56% in the first half of financial year 2021

Several celebrities, sportspersons and industrialists have also generously contributed to the PM-CARES Fund

India records biggest single-day spike as cases cross 1,300; 32 deadIndia reported the biggest single-day spike in new COVID-19 cases at 200 as the total tally of confirmed novel coronavirus cases crossed 1,300. Meanwhile, the death toll due to the deadly virus has jumped to 38. This was after six people from Telangana who attended a religious gathering at Nizamuddin in Delhi died due to COVID-19. Coronavirus: US reports 540 deaths in one day; highest so farThe U.S. death toll fro...

Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM Kisan beneficiaries

Several banks - HDFC, ICICI, Standard Chartered, Syndicate Bank, Indian Bank - have staggered their working hours and suspended non-essential banking services in order to maintain social distancing due to the rising coronavirus cases in India

India coronavirus updates: Infosys Foundation, the philanthropic and corporate social responsibility (CSR) arm of Infosys, has committed Rs 100 crore towards fighting coronavirus in India. Earlier, Reliance Industries donated Rs 500 crore to PM CARES Fund

This is the first time the Finance Minister and the Reserve Bank of India (RBI) would discuss this matter through video conferencing as the country undergoes a lockdown

Bank of India has also cut benchmark marginal cost of funds based lending rate (MCLR) by 25 bps across tenors from one year to one month, and by 15 bps for overnight tenor. The one-year MCLR is now 7.95 per cent per annum

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan to create bigger size stronger banks in the public sector

Govt insurance cover will include community health workers, private hospital staff, volunteers, retired staff called to service, contract workers, daily wagers and even outsourced staff hired by central, state government

To an economy passing through demand depression and high unemployment, the lockdown would add supply-side stress, accelerating the slowdown further and jeopardising the economic wellbeing of millions

Finance Minister Nirmala Sitharaman has announced a comprehensive package of Rs 1.7 lakh crore for the economically weaker sections of the society hit by coronavirus; Walmart Inc's Flipkart is all set to resume its grocery and essential services after the local law enforcement authorities assured the e-commerce giant of safe passage of supply chain and delivery executives; Former Reserve Bank of India Governor Raghuram Rajan has said that the lockdown is not enough to contain coronavirus in the country. He added that the lockdown will be substantially harder for the poorer sections of society. Watch this and more on News Blast.Also Read: Coronavirus: Top govt official warns not all international passengers monitored

The three-month moratorium on payments of term loan instalments (EMI) and interest on working capital give much-desired relief, Sitharaman said

Prime Minister Narendra Modi said, 'RBI's announcements will improve liquidity, reduce cost of funds, help middle class and businesses'

Coronavirus relief: Finance Ministry urges RBI to pause EMI, loan repaymentsFinance Ministry has asked the Reserve Bank of India to consider emergency measures to help borrowers cope with economic pressure triggered by the COVID 19 outbreak. Coronavirus outbreak has led to reduced business activity and has already resulted in layoffs and salary cuts. Meanwhile, Finance Minister Nirmala Sitharaman has announced a comprehensive package of Rs 1.7 lakh crore for the economically weake...

At the interbank foreign exchange the rupee opened at 74.60, registering a rise of 56 paise over its previous close.

RBI Governor Shaktikanta Das Press Meet: Reverse repo rate decreased by 90 basis point to make it unattractive for banks to park money with RBI: RBI Governor

Coronavirus Crisis Live Updates: Trump said that US has \"purchased many Ventilators from some wonderful companies. Names and numbers will be announced later today!\"