Group net income slumped to Rs 1,033 crore ($141 million) in the three months to June from Rs 1,351 crorea year earlier, the company said in a statement late Saturday.

RBI Governor Shaktikanta Das said the rise in new COVID-19 cases has led to the re-imposition of lockdowns in several parts of the country.

Daily movement of trucks has collapsed to less than 10 per cent of normal levels, according to All India Motor Transport Congress

It is expected that similar extension will be effected for life insurance renewal policy also

Volatile prices, economic uncertainties and the coronavirus lockdown has led to shortage in demand

A combination of factors, such as as easing of lockdown restrictions in the country and global cues, are propelling the markets, say analysts.

Economy had contracted by 6.6 per cent in 2020-21 due to the outbreak of the Coronavirus pandemic and the subsequent national lockdown, NSO has said

Budget 2021: India's tax collection has shown an uptick lately as momentum builds in the economy following the lifting of lockdowns to combat the coronavirus outbreak

At 11:45 pm, the gold futures contract (delivery on April 3) was up 1.57 per cent (Rs 649.00 per 10 grams) at Rs 42,028.00 per 10 grams, compared with the previous close of Rs 41,379.00 per 10 grams.

Domestic stock markets soared more than 6 per cent, in a late-afternoon surge, as India began a 21-day countrywide lockdown to curb the spread of the deadly coronavirus pandemic and on expectations that the government would soon unveil a stimulus package soon to cushion the economy from the economic fall-out of Covid-19.

All banks are ensuring that their branches are kept open, ATMs filled up & are working, Finance Minister Nirmala Sitharaman said in her tweet.

COVID-19 Lockdown: The pandemic has already driven the global economy into recession and countries must respond with "very massive" spending to avoid a cascade of bankruptcies and emerging market debt defaults, the head of the International Monetary Fund warned on Friday.

The shock of the coronavirus lockdown on economic activity could leave several Indian lenders short of capital - just as Yes was in March.

Tax collection has moderated, while a measure of inter-state movement of goods traffic by road and rail has shown little change.

Investors are bracing for market fallout as state after state locks itself down in India to contain the spread of the coronavirus as infections and deaths surge.

The government on Tuesday said it will sell Rs 4.88 lakh crore ($64.5 billion) of bonds in the six months to September. While the number is less than what the market expected, the auctions may get fewer bids as the crackdown to stop the spread of the coronavirus forces traders and bankers to stay indoors.

Finance Minister Nirmala Sitharaman offered $72 billion in credit lines to small businesses and power distributors on Wednesday, as part of a package totaling $265 billion to restart the economy cratered by the pandemic.

Lockdown of billions of people by governments across the world to contain the pandemic is leading to a gloomy outlook for global oil demand.

The estimate for the current demand loss is a stark reminder of the challenge facing oil producers as they haggle over a deal to cut supply and prop up the global energy industry.

Trucks returned to the roads and motorists jumped in their cars to drive to work following the easing of some lockdown restrictions.

Asia's third-largest economy had a dismal start to the new fiscal year from April 1, after what's been an already disappointing beginning to the calendar year.

Profits of companies listed in the NSE fell about 15 per centlast quarter from the same period last year

Reliance Industries Ltd., controlled by India's richest man Mukesh Ambani, has helped equip a hospital in Mumbai dedicated to patients of Covid-19, the disease caused by the coronavirus.

Today is the second time the RBI Governor is addressing the media since the nationwide lockdown imposed by the Centre to curb the coronavirus pandemic.