BS Web Team
 "BS Web Team")
BS Web Team
News reports and updates by the online desk of Business Standard
News reports and updates by the online desk of Business Standard
Page 963 - Bs Web Team
Coronavirus LIVE: Govt asks states not to let people march across cities
India's number of coronavirus cases rose to 979 on Sunday. Prime Minister Modi presented his Mann Ki Baat speech on the 21-day lockdown. Stay tuned for LIVE updates on Covid-19
 "Coronavirus LIVE: Govt asks states not to let people march across cities")
Highlights: RBI reduces repo rate by 75 bps to 4.4%; slashes CRR by 100 bps
The Monetary Policy Committee (MPC) has decided to reduce the reverse repo rate by 90 basis points (bps) to 4 per cent, and cash reserve ratio by 100 bps to 3 per cent
 "Highlights: RBI reduces repo rate by 75 bps to 4.4%; slashes CRR by 100 bps")
Staying at home: Revisit Kohli's knock vs Australia on Star Sports at 6 pm
Cricket fans can tune in to Star Sports and watch India vs Australia match in ICC T20 World Cup 2016 from 6 pm onwards
 "Staying at home: Revisit Kohli's knock vs Australia on Star Sports at 6 pm")
Top headlines: FMCG market growth slump, YES Bank capital raising, and more
From FMCG market likely to witness slump, DoT asking telcos to list out spectrum demands to analysts predicting GDP fall to 3-decade low, Business Standard brings you top headlines of the day
 "Top headlines: FMCG market growth slump, YES Bank capital raising, and more")
ILO welcomes G20 leaders' commitment to overcome coronavirus challenges
Ryder joined the G20 Extraordinary Leaders' Summit on Covid-19 via video link, which was hosted by Saudi Arabia
 "ILO welcomes G20 leaders' commitment to overcome coronavirus challenges")
Fuel prices see minor changes; check petrol and diesel rates today
Petrol is being sold at a rate of Rs 69.59 per litre in Delhi
 "Fuel prices see minor changes; check petrol and diesel rates today")
Market Ahead, March 27: Top factors that could guide markets today
Crisil yesterday sharply cut its India growth estimate for 2020-21 to 3.5 per cent citing the severe dent in the economic activity due to the coronavirus pandemic
 "Market Ahead, March 27: Top factors that could guide markets today")
US offers $15 mn reward for arrest of Venezuelan President Maduro: Pompeo
Apart from $15 million reward for Maduro, US also announced a $10 million for information leading to the arrest of his associates in the drug trafficking case.
 "US offers $15 mn reward for arrest of Venezuelan President Maduro: Pompeo")
Opposition welcomes coronavirus relief package, but won't give full marks
Finance Minister Nirmala Sitharaman announced the package on Thursday, which was hailed by PM Narendra Modi as one that will go a long way in ensuring food and livelihood security of the poor.
 "Opposition welcomes coronavirus relief package, but won't give full marks")
Economic growth may fall to 2.6% in FY21 during lockdown: SBI Ecowrap
According to the report, the total cost of lockdown is at least Rs 8.03 lakh crore in nominal terms, an income loss of Rs 1.77 trillion
 "Economic growth may fall to 2.6% in FY21 during lockdown: SBI Ecowrap")
Air India avoids default; secures refinance loan to service Rs 700 cr NCDs
The debt-laden national carrier's operations and revenue flow have been hit by coronavirus outbreak, which has also resulted in suspension of domestic and international flights.
 "Air India avoids default; secures refinance loan to service Rs 700 cr NCDs")
Market Wrap, March 26: Here's all that happened in the markets today
IndusInd Bank soared an impressive 45 per cent to Rs 437 on the BSE. It was its sharpest-one day gain ever.
 "Market Wrap, March 26: Here's all that happened in the markets today")
Top headlines: FM's relief package for poor, Cipla gets USFDA nod, and more
Business Standard brings to you the top headlines of the day
 "Top headlines: FM's relief package for poor, Cipla gets USFDA nod, and more")
Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers
Package announced includes both food security and cash transfer components
 "Covid-19 relief: FM announces Rs 1.7 trn plan for poor, migrant workers")
Scientists identify 69 drugs that may be effective against coronavirus
In the new study, published on the pre-print website bioRxiv, the scientists investigated 26 of the 29 coronavirus genes, which direct production of the viral proteins
 "Scientists identify 69 drugs that may be effective against coronavirus")
Steel firms bear the brunt of Covid-19 impact, to scale down production
Sajjan Jindal's JSW Steel has already announced its decision to cut production at its plants
 "Steel firms bear the brunt of Covid-19 impact, to scale down production")
In pictures: How the world is dealing with the growing coronavirus crisis
While India has entered Day 2 of the 21-day nationwide lockdown to rein in the Covid-19 outbreak, here's how the world is dealing with the pandemic
 "In pictures: How the world is dealing with the growing coronavirus crisis")
Olympics postponed: Australia seeks higher age limit for men's football
With the 2020 Olympics postponed until 2021, there are fears the delay will shatter the gold medal hopes of many ageing athletes
 "Olympics postponed: Australia seeks higher age limit for men's football")
Highlights: FM announces economic package to deal with Covid-19 impact
Government is planning to provide a relief package of Rs 1.7 trillion to the underprivileged, poor and migrant workers
 "Highlights: FM announces economic package to deal with Covid-19 impact")
Extending closures in Wuhan likely to delay second wave of Covid-19: Study
However, they said,maintaining these restrictions until April, may delay a second peak until October, relieving pressure on the health services in the intervening months
 "Extending closures in Wuhan likely to delay second wave of Covid-19: Study")
