Javadekar also assured the auto industry to discuss the suggestion of temporary GST cut with Finance Minister Nirmala Sitharaman and Prime Minister Narendra Modi

India Stock Market Highlights: Bajaj Auto, followed by Bajaj Finserv, IndusInd Bank, M&M, PowerGrid, Bajaj Finance, Axis Bank, Kotak Bank and ICICI Bank were among the top gainers today. On the other hand, Bharti Airtel, Asian Paints, HCL Tech, HDFC and TCS were among the laggards

India faces a fresh threat of NPAs with RBI warning dramatic rise in loan default rate from 8.5% in FY20 to 14.7% in FY21. A global study shows the Indian corporate sector was most debt-stressed with 43% of long-term loans vulnerable to default even before the COVID-19 pandemic hit

ICRA noted that while the auto components industry has been hit due to Covid-19 and lockdown, mission critical replacement parts like batteries and tyres would be less impacted

\"The Prime Minister in his speech on May 12 had mentioned five pillars as the focus area of the relief package and one of the them was demand. But nothing has been specifically done to address that,\" says R C Bhargava

Sensex, Nifty Live News Today:  Germany's DAX turned green, following bullish trend in London's FTSE. SGX Nifty in Asia also turned flat with positive bias. Japan's Nikkie, China's Shanghai and Korea's Kospi also erased earlier losses and were trading marginally lower.

As India tightens FDI norms, Chinese firms and investments may face regulatory and consumer backlash. The friction between Asian giants could be the beginning of an adversarial chapter in trade

Sensex, Nifty Live News Today: Top gainers on NSE Nifty and BSE Sensex included Axis Bank, ICICI Bank, HDFC, IndusInd Bank and Bajaj Finance each rising over 5%.

Sale of trucks and buses saw a steeper 88 per cent decline with sale of just 13,027 units. Two-wheelers sales registered a 40 per cent dip with scooters witnessing a 32 per cent decline while motorcycles saw a 42 per cent contraction

Domestic investors remained fragile fearing about the rising number of cases and probable extension of the lockdown. Extention of the lockdown will cause a reduction in earnings, potential supply disruptions.

Sensex, Nifty Live News Today:The 30-share index BSE Sensex fell 700 points lower at 27,550 and 50-share barometer NSE Nifty fell 176 points to 8,076.

What the centres package to combat corona crisis will do to India's already struggling economy

Coronavirus update: The pandemic will put added pressure on an industry which is already battling an unprecedented slowdown in the domestic market, said Care Ratings

Hospitality to lose Rs 30,000 crore revenue; aviation losses to add up to Rs 8,200 crore; auto sales down 70 per cent; restaurants fear 15 lakh job losses

The enormity of the task ahead is mind-boggling. And financial requirement - almost Budget-busting. At 1 pc of GDP, it amounts to Rs 2 lakh crore

There has been a negative growth in the auto sector since July 2018

Stock Market Updates on Delhi Election Result Day: Aam Aadmi Party (AAP) is all set to retain power in the national capital. AAP has breached the psychological mark of 63, while BJP has been reduced to just 07 seats. The Congress Party, however, is nowhere in the race.

Union Budget 2020: The upcoming Budget should focus on reviving sentiments in the financial sector, consumer confidence, real estate sector and capital markets

Budget 2020: Auto industry has witnessed its worst-ever half-yearly performance (till December) with overall revenues plunging 10.1 per cent at Rs 1.79 lakh crore. This has also resulted in around 100,000 people losing jobs

FM Sitharaman could roll out measures to facilitate setting up start-ups or MSMEs in Budget 2020, which could lead to creation of new jobs