Page 2091 - Coronavirus

Auto stocks decline as March sales plunge amid coronavirus lockdown

At the index level, the Nifty Auto index was down 1.4 per cent as compared to 1.3 per cent decline in the Nifty50 index

Indian rupee may stabilise in 2021, to stay weak in near-term: Reuters Poll

After giving up over 7% since the start of the year, the rupee fell to a record low of 76.42 to the dollar on Wednesday

Covid-19 impact: S&P downgrades Tata Motors ratings, keeps outlook stable

The ratings agency further said it views positively the management's focus on conserving cash amid the changes in operating conditions

IndusInd Bank, SBI tumble as Moody's downgrades sector outlook to negative

Stating that asset quality will deteriorate, Moody's said a sharp decline in economic activity and a rise in unemployment will lead to a deterioration of household and corporate finances.

Covid-19: Oil crash poses test for OPEC+ after Moscow, Riyadh miscalculate

An OPEC source briefed on Saudi oil policy said the scale of the fall in demand might require action beyond the scope OPEC+ could take alone

ADB cuts India growth estimate to 4% for FY21 amid global Covid-19 pandemic

Growth in South Asia will decelerate to 4.1 per cent in FY2021 and then recover to 6 per cent in FY2022, largely tracking the trend in the dominant Indian economy, according to ADB

Airline industry braces for prolonged recovery from coronavirus crisis

Carriers including United Airlines Holdings Inc and Air New Zealand Ltd have warned they are likely to emerge from the crisis smaller, and there are fears others may not survive

PM should have consulted states before imposing lockdown: Bhupesh Baghel

Congress President Sonia Gandhi had in her address to the Congress Working Committee on Thursday termed the 21-day nationwide lockdown "unplanned"

India coronavirus dispatch: Why we must prepare for the long haul

From a proposal for future lockdowns, to mapping of coronavirus hotspots, and how the civil society can aid government response to Covid-19 - read these and more in today's India dispatch

Top headlines: Steel firms struggle, state finances to take a hit, and more

From Uber and BigBasket joining hands to deliver essentials, oil producers seeking relief from govt to venture capitalists warning start-ups, Business Standard brings you top headlines of the day

World coronavirus dispatch: US unemployment rises, job cuts at airlines

From the US' plan to ban domestic flights to layoffs at aviation firms and Russia's extended restrictions and fresh wave of coronavirus cases in China - read these in today's international dispatch

Market Ahead, April 3: All You Need To Know Before The Opening Bell

Reliance Industries will be in focus today after the oil to telecom conglomerate yesterday said the company's board has approved a proposal to raise Rs 25,000 crore through non convertible debentures

Covid-19 Factoid: Gap between daily new cases and recoveries widening

The world is adding over 70,000 cases everyday while the daily recoveries are still sub-15,000 on an average in the last three days.

Best of BS Opinion: The Covid-19 impact, currency conundrum, and more

Covid-19 continues in different parts of the world, including India. Among other things, the pandemic has significantly affected global financial markets

State finances to take bigger hit than Centre's due to coronavirus lockdown

With economic activities at a standstill, analysts say it may be difficult for states to recoup the losses

Coronavirus impact: Renewal of health, auto insurance can be deferred

Payments can be made till April 21; for motor the relaxation is only for third-party insurance

Silver lining for OMCs: Low crude oil prices signal structural gains

HPCL may benefit more from improvement in marketing margins

Biodiesel industry faces coronavirus heat as meat exports drop sharply

Problems compounded after China started a clampdown of illegal imports through stricter border controls beginning in December, which was pegged at $2 billion annually

Global stocks rally as oil gains offset coronavirus concerns; Dow up 2%

At the close of trading on Wall Street, the Dow Jones Industrial Average rose 469.93 points, or 2.24 per cent

Covid-19: Supply of pulses to ease soon as Nafed ties up with dal mills

Nafed will supply the mills whole grains for processing and will get the processed dal for the government's planned distribution under PDS