Government figures due Friday will undoubtedly show that job losses in April were the worst ever. But they could provide key hints about the recovery.

These duty rate changes will come into effect from May 6.

Forex traders said the weakness in the rupee was largely due to the strengthening US dollar. Besides, rising coronavirus cases in the country also weighed on the local unit.

ITC was the top loser in the Sensex pack, tanking nearly 6 per cent, followed by Axis Bank, Titan, Bajaj Auto, Maruti, M&M, L&T and IndusInd Bank.

The grim result for the industry, the engine of economic growth and jobs, underlined the pandemics sweeping impact across India as authorities extended a nationwide lockdown.

The government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.

With millions of tourists canceling plans for vacations, work trips and family visits, Airbnb earlier this year said it was allocating $250 million to help offset losses incurred by hosts.

US West Texas Intermediate (WTI) crude futures fell as much as 2.1 per cent to $24.05 a barrel and were down 14 cents at $24.41 a barrel at 0201 GMT. WTI has snapped a five-day winning streak.

However, the data only reflect company payrolls through April 12 so the report does not reflect the full impact of COVID-19 on the overall employment situation.

Remdesivir is an investigational antiviral drug that may be found effective against the virus that causes Covid-19

Currently, businesses are required to digitally sign GSTR-3B form while filing monthly return and paying taxes.

The president and his advisers are mulling a variety of deductions and rate cuts meant to help businesses, workers and investors, setting up a clash with Democrats.

Currently, authorised persons of employers have to go to the Employees Provident Fund Organisation (EPFO) offices to get their digital signatures registered.

After swinging over 800 points during the day, the 30-share index closed 232.24 points or 0.74 per cent higher at 31,685.75.

Hundreds of the fast-food chains locations arent serving hamburgers and grocery stores are limiting meat purchases, as shoppers begin to feel the impact of meatpacking plant shutdowns.

Gold prices ended higher in the previous three sessions, and have risen about 17% since mid-March, as uncertainty remained with the virus spreading and as U.S.-China trade tensions re-emerged.

Indias April gasoil exports closed at a four-month high of 2.73 million tonnes, compared with 2.53 million tonnes in March, according to Refinitiv oil research assessments.

Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said.

Investors, however, remained worried about brewing Sino-US tensions after President Donald Trump threatened new tariffs on China for its handling of the outbreak.

An ISA official also confirmed Narendrans resignation but said the reason for his sudden resignation is not known yet.