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BusinessToday.In
March 29, 2020
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


PTI
March 29, 2020
Union Bank CEO Rajkiran Rai G said harmonisation of human resources has been completed and the board has approved all the products, processes and policies for the amalgamated entity


Nirbhay Kumar
New Delhi, March 28, 2020
Prime Minister Narendra Modi while announcing Janata Curfew on March 19, days before declaring a complete lockdown, had appealed companies to not cut salaries and wages of employees. He also advised them not to retrench staff


Joe C Mathew
New Delhi, March 28, 2020
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


PTI
March 28, 2020
Even though the Health Ministry and the Indian Council of Medical Research (ICMR) have been insisting that there is \"no solid evidence\" of community transmission so far, the government has started scaling up health infrastructure to deal with any situation


BusinessToday.In
New Delhi, March 27, 2020
Following a 75 basis points reduction in interest rate, SBI's external benchmark linked lending rate (EBR) will come down to 7.05 per cent per annum from 7.80 per cent earlier


BusinessToday.In
March 27, 2020
Sensex, Nifty Live News Today: Europen indices have opened in red territory on Friday, following mixed cues from DOW Jones futures that turned red earlier and other global counterparts.


Rajesh Narain Gupta
March 27, 2020
Finance Minister Nirmala Sitharaman's March 24 speech signaling the government's move to consider raising the threshold limit to file any action under IBC from Rs. 1 lakh to Rs. 1 crore has come as a huge relief booster shot for SSMEs and small businesses


BusinessToday.In
March 27, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


PTI
March 25, 2020
Assuming 300 working days in a year, the daily output comes to Rs 45-50,000 crore which can potentially be lost due to the shutdowns, says the report


BusinessToday.In
March 25, 2020
Sensex, Nifty Live News Today: Indian indices were the top laggards amongst the key global indices, since the average peak achieved in February 2020. Since then, Brazil index has fallen 40%, followed by India, where the decline stands at 36%. Compared to this, other key indices average decline stands around 31-28% from peak.


BusinessToday.In
March 24, 2020
Reliance Jio's presence in mobile telecom, home broadband and e-commerce will help Facebook expand its reach in the Indian digital market


BusinessToday.In
New Delhi, March 24, 2020
FM Sitharaman addressed taxpayers' concerns related to income tax returns, corporates' demand  related to compliance, GST deadline, IBC related matters, and other related compliances


Anand Adhikari
New Delhi, March 24, 2020
It is not known whether the Reserve Bank of India will be separately announcing relaxation in compliance and statutory regulations for banks


BusinessToday.In
March 24, 2020
Sensex, Nifty Live News Today: BSE 30-share index Sensex rose 722 points to trade at 26,767. Similarly, NSE 50-share barometer Nifty climbed 206 points higher to 7,816 mark.


BusinessToday.In
New Delhi, March 23, 2020
CII members will dedicate their plant facilities to help scale up manufacture and availability of essential goods and equipment needed to deal with the medical emergency like ventilators, sanitisers, essential drugs, medical services


BusinessToday.In
New Delhi, March 23, 2020
PM Modi thanked the industry representatives for speaking in one voice on the needs of the unorganised sector and said this marks a new dawn of economic integration


Reuters
March 23, 2020
Dozens of districts across India have been put under lockdowns with train and bus services suspended in most places, causing panic among investors and sparking sell-offs in bonds, equities and the rupee, which hit fresh lifetime-low early on Monday


PTI
March 23, 2020
Singh urged Modi to advise the COVID-19 Economic Response Task Force to consider the state's proposals to address the economic implications of the problem


Nevin John
New Delhi, March 22, 2020
Going back to normalcy will take a couple of months, say experts


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