Corona in India live updates: Following a SC verdict, Tamil Nadu government has issued an order regarding reopening of government-run TASMAC alcohol shops from Saturday; India's total number of confirmed COVID-19 cases jumped to 81,970 on Friday

Centre's loan disbursal to the agri sector is currently at a run rate of one-third of target for the fiscal - clearly a cause of concern

The four sectors, which contributed more than 90 per cent to the growth in the investment value, included real estate and infrastructure, telecom, IT and ITES, and BFSI

FM Nirmala Sitharaman Speech on Economic Package Live Updates: Free Food grain supply to migrants for 2 months; about 8 crores migrants to benefit from this; Rs 3,500 crore will be spent on this intervention for 2 months

The industry is highly enthused by the shape of the first phase stimulus package announced by the Finance Minister for mitigating the economic costs of the COVID-19 crisis, says Vikram Kirloskar, President, CII

Restaurants sector has been particularly hit during the lockdown since food services are not allowed to operate. This has badly affected the finances of the sector, including both organised and unorganised players

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

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.

India's total cases near 75,000 a day after PM Modi's economic boosterIndia's total count of confirmed COVID-19 cases jumped to 74,281 on Wednesday, a day after Prime Minister Narendra Modi's Rs 20 lakh crore special economic package for the country.Prime Minister Narendra Modi in his nationwide address on Tuesday announced a special economic package of Rs 20 lakh crore to help revive economic activity and make India self-reliant in the view of COVID-19 pandemic. PM Modi in his sp...

What ails the economy is lack of demand. There's only one factor that can revive the economy instantly - consumption. Post-lockdown, it's critical to stimulate demand and drive consumption in the economy. Can the stimulus do that?

Most corporate houses are in the process of suspending their capital expenditure plans for this fiscal; it is a growing concern for industry

The traditional approach of pumping money into banks to push liquidity to corporates and NBFCs is not working. It's time to change the strategy

According to CII, the components of the stimulus package should include cash transfers, in addition to Rs 1.7 lakh stimulus already announced; migrant labourers should be eligible for this support, it added

How India Inc's business continuity plans are being overhauled to tide over the coronavirus crisis

Under complete lockdown less than a quarter of India's $2.8 trillion economy is functional. We are expected to lose over Rs 32,000 crore ($4.5 billion) every day during the lockdown

Most sectors witnessed strong bullish momentum and closed in green territory on Friday, barring pharma and FMCG. NBFCs and banking stocks rose sharply today as RBI Chief announced measures related to bank credit flows, NPA recognition and stressed asset reclassification.

Currently, the probability of loan defaults in the near future is very high. But the combo of government and the bank can help in a seamless flow of liquidity

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%.

P. Chidambaram, Meghnad Desai, Bimal Jalan, D. Subbarao, and Junaid Ahmad on how to get the GDP going

Government measures to tackle the current situation are not enough to revive the economy