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PTI
New Delhi, May 20, 2020
The agency also sharply revised downwards the growth contraction in Q1 to 25 per cent as against the previous forecast of 16-20 per cent and to minus 2.1 per cent in Q2 from 2.1 per cent growth previously, which implies a recession


BusinessToday.In
New Delhi, May 20, 2020
The latest circular issued by Ministry of Personnel stated that pregnant women, people with disabilities and those with comorbid conditions will be exempted from coming to office during the coronavirus pandemic


Sonal Khetarpal
New Delhi, May 20, 2020
Currently, the firm is manufacturing around 200 units of CoronaOven every day, and expects to scale up production to 500-plus units and develop at least 10 more product variants by June 2020


BusinessToday.In
New Delhi, May 20, 2020
Exactly two months after the government of India imposed a nationwide lockdown due to coronavirus, domestic flight operations are set to resume. Union Minister for Civil Aviation Hardeep Puri on Twitter announced that India will start domestic flight operations in a 'calibrated manner' from May 25. The airports and air carriers are being informed to be ready for operations, he added. The Ministry of Civil Aviation will soon be announcing the standard operating procedure for domestic air travel. Watch the video for more.Also Read: Domestic flights to resume from May 25: IndiGo, SpiceJet gear up for post-lockdown operations


PTI
New Delhi, May 20, 2020
Under the modified PCGS, sovereign guarantee of up to 20 per cent of first loss will be provided to state-owned banks for purchase of bonds or commercial papers of NBFCs, MFIs and housing finance companies (HFCs) having a credit rating of AA or below


PB Jayakumar
New Delhi, May 20, 2020
While the country is reopening from the lockdown, industries across sectors are worried and their problems are complex and uncertain. Liquidity is a major issue for all companies, whether big or small, and all are trying to preserve cash


Ashish Pandey
New Delhi, May 20, 2020
Defensive sectors such as pharma and FMCG could currently offer good opportunities since these have been defying the coronavirus pandemic very well


Rupa Burman Roy
May 20, 2020
Tracking gains in index-heavyweights, markets rose today amid volatility in global indices. All sectors closed in green territory with buying sentiment in banking, financials and pharma stocks


Dipak Mondal
New Delhi, May 20, 2020
The centre is already struggling to fully compensate the states for dues in 2019-20. It has not paid to states the compensation for December 2019 to March 2020 as their compensation requirements far outpace the collections


Nirbhay Kumar
New Delhi, May 20, 2020
Coronavirus impact: In a statement, the labour union said that thousands of BMS activists started demonstrations on the roads as well as outside government offices, following which they sent memoranda to the President of India


Chitranjan Kumar
New Delhi, May 20, 2020
Domestic carriers, IndiGo and SpiceJet, lauded the government's decision to recommence domestic civil aviation operations from May 25


BusinessToday.In
New Delhi, May 20, 2020
Coronavirus update: Flight operations to resume from May 25, said Aviation Minister Hardeep Singh Puri adding that the ministry will soon issue a set of guidelines


Chitranjan Kumar
New Delhi, May 20, 2020
The funding and liquidity positions of Indian NBFI will remain crucial in coming months, as loan collection inflow is likely to stay subdued even as the economy reopens gradually, says Fitch


Nirbhay Kumar
New Delhi, May 20, 2020
Grappling with lockdown challenges, the smaller firms want the government to speed up payments of dues owed by public sector enterprises (PSEs)


BusinessToday.In
New Delhi, May 20, 2020
Other proposals approved today are allocation of foodgrains to migrants; adoption of auction methodology of coal and lignite mines; and a formalisation scheme worth Rs10,000 crore unorganised sector's micro food processing enterprises


Reuters
May 20, 2020
Renewable capacity additions this year are set to total 167 gigawatts (GW), 13% less than last year, according to the IEA's Renewable Market Update report


Sumant Banerji
May 20, 2020
\"The bulk of these 53 GW capacities can withstand cash flow pressures owing to their liquidity buffer and/or parentage,\" says Manish Gupta, Senior Director, CRISIL Ratings


BusinessToday.In
New Delhi, May 20, 2020
Modi praises efforts of doctors, nurses, healthcare workers and all others associated with Ayushman Bharat. \"This initiative has won the trust of several Indians, especially the poor and downtrodden,\" says PM


BusinessToday.In
New Delhi, May 20, 2020
The airport is the third in the national capital region after Delhi's Indira Gandhi International airport and Ghaziabad's Hindon airport


BusinessToday.In
New Delhi, May 20, 2020
Coronavirus vaccine update: Dr William Haseltine, a former Harvard Medical School professor said that all of the vaccinated monkeys treated with the Oxford vaccine became infected when challenged with the virus


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