Brent crude for July delivery, which started trading on Friday as the new front-month contract, was up $1.10, or 4.2%, at $27.58 a barrel by 0013 GMT.

Nationwide lockdown should only be lifted once the situation is fully under control, said State Bank of India Chairman Rajnish Kumar.

The high court order of March 30 came as steelmaker ArcelorMittal looked to enforce a $1.5 billion arbitral award stemming from a soured supply agreement.

The state government has also decided to provide working capital loans to MSMEs at lower interest rates. A fund to the tune of Rs 200 crore would be created to lend loans between Rs 2-10 lakh.

The outbreak of coronavirus and the lockdowns imposed by nations to curb its spread has evaporated demand for oil, sending international oil prices crashing.

The proposed acquisition involves settlement or contribution of equity shares of the company to the four trusts by Ashok Todi, Bimla Todi, Pradip Todi and Shobha Todi.

“Weve never had to rely on anyone else,” said one food bank visitor. But now, pushed to the edge of hunger, many unemployed New Jersey residents are asking for help for the first time.

Experts say that for the first time since 1998, global poverty will increase. At least a half a billion people could slip into destitution by the end of the year.

According to Dun & Bradstreets latest report, changes in consumer behaviour will determine the segments that are likely to flourish after the pandemic comes under control.

As state agencies grapple with new guidelines and sheer volume, many workers are frustrated in filing claims and omitted from jobless tallies.

The NSE Nifty 50 index advanced 3.11 per cent to 9,850.3 by 0455 GMT, while the benchmark S&P BSE Sensex was up 3.1 per cent at 33,734.26. Both indexes were on course for their fourth straigh

The PF returns have details about employees and employers contributions towards the social security scheme run by the Employees Provident Fund Organisation (EPFO).

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialised favipiravir antiviral tablets, and had applied to Indian drug authorities

The Internet and Mobile Association of India (IAMAI) has submitted a blueprint suggesting a road map for opening up e-commerce based on the current containment model of zoning.

The agency affirmed the long-term issuer default ratings (IDR) of SBI and BOB at BBB- and those of ICICI Bank and Axis Bank at BB+.

Industry representatives said while some hotels have chosen not to entertain new guests, some have stepped up hygiene and sanitisation measures.

Government officials said that collection numbers present a worrying trend, given that normal business activities were underway till March 24 when a nationwide lockdown was announced.

The surge came after market sentiments improved as more countries are announcing the gradual lifting of lockdowns that have been imposed to contain coronavirus infection.

A finance ministry task force acknowledged stress in the telecom sector and said the SC judgement mandating companies to pay around Rs 1.35 lakh crore.

Rising scrap supplies amid a fall in demand could dent the worlds second-biggest bullion consumers imports and cap a rally in global prices, which hit a more than seven-year high earlier this mon