Lower demand from industrial users that pay the highest tariffs and cross-subsidise domestic and agricultural users is expected to further hit revenues of discoms

The government will advise all States and UTs and their regulatory authorities to extend the registration and completion date suo-moto by 6 months for all registered projects expiring on or after March 25, 2020 without individual applications

In a bid to offer more take home salary for employees and to give relief to employers in payment of PF, EPF contribution has been reduced for 3 months

Finance Minister Sitharaman Live on Rs 20 lakh crore Economic Package: FM Nirmala Sitharaman announced Atma Nirbhar Abhiyan. Provident Fund contribution of employers and workers is being reduced from 12% to 10% each of wages for the next 3 months, announced FM Nirmala Sitharaman. She added that the EPFO benefit will lead to more take home salary.

Coronavirus in India live updates: PM CARES Fund Trust, set up by Prime Minister Narendra Modi to tackle distress situations such as that posed by the COVID-19 pandemic, has reportedly allocated Rs 3,100 crore for fight against coronavirus

India badly needs a stimulus. Here's how to find the money

The sudden announcement of higher borrowing target by the government last week has already spiked g-sec yields by about 20 basis points to 6.16 per cent

'At least allow us to sell this stock that is with us of around Rs 3,000 crore and get liquidity to pay wages and government should make temporary amendments to the rules,' The Beer Cafe founder and CEO Rahul Singh said

To prepare the financial system for the big move next, Finance Minister Nirmala Sitharaman will meet CMDs and CEOs of public sector banks on Monday

Lack of emergency funds will force you to either go for distress selling of your investments or high-cost borrowing, which will jeopardise all your future goals. One should ideally have an emergency fund which can take care of at least 6 months of expenses

Referring to the economic crisis across the world, Gadkari said that it is a golden opportunity for Indian industries and entrepreneurs to explore new businesses and attract investments from global businesses that look to exit China

In order to meet redemption pressure, fund managers are struggling to either sell or pledge top-rated liquid papers to raise money

To claim benefits under SLF-MF scheme, the banks would be required to submit a weekly statement on loans and advances extended to eligible entities

Fitch feared that if the liquidity facility does not achieve its aims of supporting liquidity or restoring market confidence, more debt schemes will be forced to suspend redemptions

To calm investors' nerves and ease liquidity pressures on mutual funds (MFs), the RBI has announced a special liquidity facility for MFs of Rs 50,000 crores via the banking industry, four days after that unpleasant incident took place

Sensex, Nifty Live News Today: IndusInd Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Kotak Bank and SBI were among the top gainers in the Sensex pack. On the other hand, Sun Pharma, HCL Tech, Reliance Industries and Bharti Airtel were among the top laggards.

Asian markets were ended positive led by Nikkei, ahead of Bank of Japan monetary meet. Federal Reserve and the European Central Bank will meet later in the week, while Bank of Japan has begun the policy meeting today.

Coronavirus lockdown extension live updates: From Tuesday, Haryana will restrict movement to satellite cities of Gurugram and Faridabad. Borders in Sonipat and Jhajjar have already been tightened

The report has suggested a 40 per cent tax on super rich to tackle drastic fall in revenue owing to coronavirus outbreak

The government is working on a separate scheme to address delayed payments issues of MSMEs wherein a dedicated fund will be created for payments to them, says Nitin Gadkari