Breaking news on April 01

Jammu & Kashmir Bank on Wednesday said RBI has extended the tenure of R K Chhibber as the CMD for a period of three months.

Private sector lender ICICI Bank on Wednesday cut interest rates on savings accounts by 25 basis points for deposits up to Rs 2 crore.

Renu Swaroop was on Wednesday given one-year extension as the Secretary of the Department of Biotechnology, according to a Personnel Ministry order.

China-India relations are standing at a new starting point and facing new opportunities, Chinese President Xi Jinping said on Wednesday, exchanging congratulatory messages with his Indian counterpart Ram Nath Kovind on the 70th anniversary of bilateral diplomatic ties.

The Reserve Bank's measures such as a three-month moratorium on repayments will make "little impact" and more relaxations are needed, a cooperative lenders' body said on Wednesday.

The Maharashtra government said on Wednesday that the five kg of free rice promised by the Centre for ration card-holders will be distributed only after they buy their regular quota of grains at Fair Price Shops.

The Delhi High Court Wednesday directed Yes Bank to file its response on a plea by a private company seeking direction not to take any coercive steps for its failure to pay loan installments.

The biggest-ever consolidation exercise in the public sector banking space effected on Wednesday will mark a new dawn for the Indian banking sector, the Finance Ministry said on Wednesday.

The Supreme Court Wednesday agreed to hear a plea filed by two civil rights activists seeking enforcement of fundamental right to life as also payment of wages to migrant workers who are left without work or food following the 21-day nationwide lockdown due to coronavirus pandemic.

Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under Amul brand, has clocked 17 per cent growth in its turnover at Rs 38,550 crore during the last fiscal year.

Union Bank on Wednesday said it has become the country's fifth largest public sector lender after amalgamating Andhra Bank and Corporation Bank into itself.

Punjab Chief Minister Amarinder Singh has written to Prime Minister Narendra Modi seeking immediate release of Rs 6,752.83 crore towards the state's arrears of GST compensation pending since October 2, 2019.

A woman and her two daughters died on Wednesday when the roof of their house collapsed due to torrential rains in northwest Pakistan, police said.

The Uttar Pradesh government on Wednesday said salaries of its employees will neither be deferred nor cut amid the coronavirus lockdown and its impact on revenues.

The HRD ministry on Wednesday directed the Central Board of Secondary Education (CBSE) to promote all students of classes 1 to 8 to the next class in view of the situation due to the coronavirus outbreak in the country.

Two men died after allegedly consuming surgical spirit as a replacement for alcohol in Chhattisgarh's Raipur city on Wednesday, police said.

Three labourers died and another got injured after they fell off a mountain while going from Kashmir to Banihal, officials said on Wednesday.

India's top oil firm IOC has declared force majeure on crude purchases from four of its biggest suppliers - Saudi Arabia, Iraq, UAE and Kuwait - as refinery run rates have been cut down in view of plummeting fuel demand following a nationwide lockdown.

The Supreme Court Wednesday said it would hear after two weeks a petition which has sought imposition of financial emergency in the country on the ground that economic activities have "come to a standstill" due to the lockdown over coronavirus pandemic.

Goods and Services Tax (GST) revenue in March stood at Rs 97,597 crore, lower than over Rs 1.05 lakh crore collected in February.

Eight villages in Jammu and Kashmir's Udhampur have been declared as red zones after it was found that 10 people from the district had attended the Tablighi Jamaat religious congregation in Delhi's Nizamuddin, officials said on Wednesday.

The Arunachal Pradesh government will be providing financial assistance of Rs 2,000 per month in April and May to all registered construction workers in the unorganised sector, officials said on Wednesday.

Former Jammu and Kashmir chief ministers have lost all perks after the Centre repealed or amended 138 legislations of the erstwhile state.

The price of non-subsidised LPG, or market-priced cooking gas, on Wednesday, was cut by Rs 61.5 per cylinder in line with a fall in benchmark international rates.

Equity benchmark Sensex plummeted over 1,203 points on Wednesday, in line with a global selloff as investors fretted over the impact of prolonged worldwide lockdowns due to the Covid-19 pandemic.

India on Wednesday joined a select league of nations having the world's cleanest petrol and diesel as oil companies rolled out Euro-VI emission compliant fuels without either disruption or a price increase.

A US commission mandated to monitor international religious freedom has expressed concern over reports of a provincial government in Pakistan targeting and "scapegoating" the already vulnerable and marginalised Shiite Hazara ethnic minority community for the spread of the deadly novel coronavirus in the country.

Congress chief Sonia Gandhi writes to Prime Minister Narendra Modi seeking advance payment of 21 days' wages to MGNREGA workers.

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported 16.1 per cent dip in total sales in 2019-20 at 15,63,297 units as slowdown and coronavirus pandemic took its toll on the auto sector.

26 people of Uttarakhand participated in Tablighi Jamaat event at Delhi's Nizamuddin Markaz. They are still in Delhi. 173 out of 713 people who participated in regular jamaats at the mosque in last 28 days have been quarantined

Four temporary jails have been set up to lodge the curfew violators in Ludhiana, Punjab. 6000 people can be lodged in these jails. Yesterday, we sent 200 people to these jails & released them in the evening after they gave written apologies: Police Commissioner Rakesh Agrawal

Around 210 people who were stranded at Majnu-ka-Tilla Gurudwara since 28th March due to #CoronavirusLockdown, are being shifted to schools: Deputy Commissioner of Police (DCP) North, Delhi. 

Gujarat Chief Minister Vijay Rupani holds Cabinet meeting through video conference

MA Naqvi, Union Minority Affairs Minister on Markaz case said: "It is a Talibani crime by Tabhleeghi Jamaat, such criminal act can not be forgiven. They have put lives of many people in danger. Strict action should be taken against such people & organisations that defy govt directions."

Equity benchmark Sensex slumped over 700 points in early trade on Wednesday tracking losses in index heavyweights Reliance Industries, Kotak Bank, HDFC Bank and Infosys amid weak cues from global markets. Starting the new financial year on a negative note, the 30-share BSE barometer was trading 714. 74 points or 2. 43 per cent lower at 28,753.75.

Andhra Pradesh Govt has issued an order deferring salaries of govt employees,in wake of COVID-19 outbreak and nationwide lockdown. The deferment of remuneration includes 100% deferment in respect of CM/Ministers/MLAs/MLCs, Corporations members, elected representatives of local bodies