Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21

Prime Minister Narendra Modi has maintained the lockdown ordered on March 25 to curb the spread of Covid-19 in the world's second most populous country, though many restrictions were eased for manufacturing, transport and other services from May 18

Stocks to watch today on May 29: Jubilant Sciences, TVS Motors, Vodafone Idea, RIL, Yes Bank, Heidelberg, CEAT among others are the top stocks to watch out for in Friday's trading session

It seems investors are sitting on boundaries in a wait-and-watch mode and traders are reaping gains from the volatility cycle in which the benchmark indices are stuck.

At least seven deaths on-board migrant special trains were reported on Wednesday, officials said, putting the Railways in the dock over its handling of these non-AC trains. The national transporter said most of the deceased had pre-existing health conditions; The Centre may ask states and union territories to take a call on future curbs on their respective jurisdictions after lockdown 4.0 ends on May 31; In a much needed respite to borrowers hit by coronavirus crisis, State Bank of India, the country's largest lender, has extended the moratorium on term loan EMIs by another three months, in line with Reserve Bank of India's (RBI) recent announcement. Watch this and more on News Blast.Also Read: Lockdown 5.0 guidelines: Select cities may have restrictions; is yours on the list?

This is the first-ever issuance of debentures by Baba Ramdev-led Patanjali Ayurved which intended to use fund to meet its working capital requirements and strengthen the supply chain network

\"Every government is bound to provide at least one safe, risk-free investment option to its citizens. It was the RBI bond since 2003,\" the veteran Congress leader said

Earlier this week, Fitch Ratings and Crisil, too, projected a 5 per cent contraction for the Indian economy

India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank reportIndia's GDP growth is expected to slow down to 1.5 per cent in the fourth quarter of the financial year 2019-20 with a \"possible downside bias\", falling sharply from the 4.7 per cent reported in Q3, on account of the spread of the coronavirus and subsequent lockdown, a research by private lender ICICI Bank said on Wednesday.Google faces antitrust case in India over payments appIndia's antitrust body is looking ...

The savings bonds will no longer be sold from the close of banking business on Thursday

A nationwide lockdown entering its third month is expected to lead to a contraction in economic growth in the current financial year, according to several global rating agencies, which have also changed their outlook on the banking sector to negative

The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI

The new rates on retail term deposits are applicable from May 27, according to data available on the bank's website

Share price of Kotak Mahindra Bank rose up to 7.81% to  Rs 1,242.55 compared to the previous close of Rs 1,152 on BSE

The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close

From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe

States finally have headroom to borrow more from the market. But there's a cost to it

Changes in RBI mandate, new infra financing models and rules for new-age banks can rev up the banking engines

The top court has sent a notice to the Centre and RBI on a plea challenging the provision under the apex bank's EMI moratorium directive which allowed interest liabilities to accrue

In the week ending May 29, 2020, the banking system liquidity is expected to remain in a surplus position with the growth in the bank deposits and contraction in the bank credit off take