The GDP growth may see an upside of 4 per cent for the fiscal year 2020-21 if the situation normalises by next month, says UBS

A snap poll conducted by apex industry chamber Confederation of Indian Industry (CII) on 200 chief executives across sectors found majority of them fearing their revenues would fall more than 10 per cent and profits dip by over 5 per cent during the first six months of the current year 2020-21; Prime Minister Narendra Modi on Sunday spoke to former Presidents, Prime Ministers and leaders of Opposition parties as India continues to witness a spike in coronavirus infections and deaths; Former Reserve Bank of India (RBI) Governor Raghuram Rajan said that the Indian economy was facing the 'greatest emergency' since Independence, more acute than the global financial crisis in 2008-09. Watch this and more on News Blast.Also Read: Coronavirus outbreak: Increase testing to avoid another lockdown, says ex-RBI chief Urjit Patel

Till now, three FIRs have been registered against Kapoor on charges of negligence and disobeying the directions of government officials

The Statue of Unity is the world's tallest statue and has attracted several lakh tourists since it was inaugurated by Prime Minister Narendra Modi in October 2018

The fake WHO circular said the 21-day nation-wide lockdown, which is currently in effect in India, is only the second step of the six-step lockdown schedule and that two more multiday lockdowns will be imposed after shorts breaks in between

In Delhi, the power consumption declined around 726 MW on Sunday night. The minimum power load of 1,235 MW was recorded for eight minutes past 9 pm

President Donald Trump expressed hope on Sunday the United States was seeing a \"leveling-off\" of the coronavirus crisis in some hot spots, citing the drop in deaths from Saturday in New York

Expectations of a sharp decline in both revenue and profit growth by domestic firms could foretell significant impact of this outbreak on the country's GDP

Government should now plan about how to restart the economic activity in the low-infection regions with enough precautions since lockdown can't be continued for longer periods, Rajan said in a blog

Finance Minister Nirmala Sitharaman has announced a comprehensive package of Rs 1.7 lakh crore for the economically weaker sections of the society hit by coronavirus; Walmart Inc's Flipkart is all set to resume its grocery and essential services after the local law enforcement authorities assured the e-commerce giant of safe passage of supply chain and delivery executives; Former Reserve Bank of India Governor Raghuram Rajan has said that the lockdown is not enough to contain coronavirus in the country. He added that the lockdown will be substantially harder for the poorer sections of society. Watch this and more on News Blast.Also Read: Coronavirus: Top govt official warns not all international passengers monitored

Coronavirus relief: Finance Ministry urges RBI to pause EMI, loan repaymentsFinance Ministry has asked the Reserve Bank of India to consider emergency measures to help borrowers cope with economic pressure triggered by the COVID 19 outbreak. Coronavirus outbreak has led to reduced business activity and has already resulted in layoffs and salary cuts. Meanwhile, Finance Minister Nirmala Sitharaman has announced a comprehensive package of Rs 1.7 lakh crore for the economically weake...

A video clip showing 16 men stepping out of a milk tanker has gone viral on social media. The incident occurred in Najibabad area of Bijnor district. The tanker had reportedly arrived from Dehradun. Many people are stranded across the country amid the nationwide lockdown. Some of them are taking desperate measures to reach their homes. Watch the video here.Also Read: Lockdown not enough to contain coronavirus in India: Raghuram Rajan

Raghuram Rajan said that the infrastructure in this country is a hindrance to the government's fight against the coronavirus, adding that all resources must be focused on tackling the pandemic

The beleaguered private sector bank will soon be run by SBI-led consortium of investors. This is how things will pan out

RBI expressed concerns that state governments moving deposits out of private banks will cause unnecessary panic in banking sector, leading to liquidity issues

SBI has assured that its shareholding in Yes Bank will remain within the 49 per cent limit mandated in the reconstruction scheme for the beleaguered private lender

YES Bank crisis: Rajan stressed on making the balance sheets of financial institutions as clean as possible

Coronavirus updates: The policy allows labs that develop validated COVID-19 diagnostics tests to use it even before the USFDA completes the review of their emergency request

Tinder is set to premiere the second season of Swipe Night. Season 1 had launched last year in October

Raghuram Rajan said that there's little central banks can do and priority should be to convince companies and households that the virus is under control