A Reuters poll showed the Indian economy is likely to suffer its worst quarter since the mid-1990s in the April-June quarter, contracting 5.2 per cent

Coronavirus in India live updates: Home Affairs Secretary Ajay Bhalla has chided West Bengal for inadequate COVID-19 testing and highest mortality rate among states; Maharashtra remains the worst-hit state, followed by Gujarat and Delhi

The RBI recently allowed offshore units of Indian banks to participate in the offshore rupee derivative market to curtail volatility in currency markets due to coronavirus pandemic

Industry leaders spoke to India Today TV about how the government planned to revive the economy post lockdown. Among the speakers were President of the Walt Disney Company (APAC) and Chairman of Star & Disney India, Uday Shankar, Chairman and CEO of the Edelweiss Group, Rashesh Shah, Founder and CEO of Kinetic Green Energy and Power Solutions, Sulajja Firodia Motwani along with Vice Chairman and MD of JK Paper and Director of JK Organisation Harsh Pati Singhania, former Country Head HSBC and former FICCI president Naina Lal Kidwai and Joint MD of Apollo Hospitals Group and President of FICCI Dr Sangita Reddy. The country has been in a state of nationwide lockdown first enforced on March 25 till April 14, later extended to May 4 and now pushed further to May 17 with relaxations on restrictions for some industries. The scale of the economic impact of this crisis is yet to be ascertained. Watch the video for more.Also Read: Coronavirus outbreak: Wipro to convert Pune facility into 450-bed COVID-19 hospital

State governments hope for robust collection of taxes from alcohol amid a complete decline in revenues

Corona lockdown 3.0 live updates: COVID-19 cases in Maharashtra crossed the 15,000-mark with 841 new cases in 24 hours. Mumbai alone has almost 10,000 coronavirus cases. National capital Delhi has 5,104 cases

The lockdown has now been extended by a further two weeks, but the government has begun to ease some restrictions in districts that are relatively unscathed by the virus

The nationwide lockdown, among the world's strictest, is being relaxed in some areas with fewer infections, although it will stay until May 17, the government said last week

Sectorally, barring pharma, all the other sectors While metal, banking and  were in the red. Metal, banking and financial sectors dropped over 7% each, realty and auto were down 6.5%, followed by 5% fall in media and PSU Banking index.

COVID-19 update: Indian economy has ground to a standstill amid a 40-day nationwide lockdown to rein in the spread of coronavirus cases

Sensex, Nifty Live News Today: Oil prices and global stocks came under pressure in today's session amid rising US-China tensions over the coronavirus. US President Donald Trump has threatened China to impose new tariffs and blamed the country for creating the new coronavirus in a Chinese laboratory.

Coronavirus lockdown 3.0: In the last 24 hours, 1,074 patients have been cured, which happens to be highest number of cured patient in a day

People living in containment zones, which are high-risk areas, are not allowed to move outside the zones except for medical emergencies and maintaining supply of essential goods and services

Corona lockdown 3.0 live updates: Total number of confirmed COVID-19 cases in Maharashtra reached 12,974; Delhi CM Arvind Kejriwal said it's difficult to sustain lockdown amid heavy economic losses

Shipments declined to 39.1 million tonne in April, said the Kolkata-based firm on Friday. In April last year, shipments stood at 52.41 million tonne

Lauding the government's decision to partially allow sale of non-essentials, the e-tailers said the move will help meet consumer demand while easing the burden of piled up inventory of the MSMEs amid the extended nationwide lockdown

According to government officials, the residents may have been infected by a person tested positive for coronavirus on April 18

The finance ministry will make a detailed presentation to PM Modi later in the day on the state of economy and several measures it plans to take to ensure economic recovery

Liquor shops will ensure a minimum six feet distance (2 gaz ki doori) between all customers and also ensure that not more than 5 persons are present at one time at the store, as per notification issued by the home ministry

India coronavirus news: All these exemptions will be effective from May 4 when the third phase of the nationwide lockdown begins