Business

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.

The pandemic would also adversely impact commercial (office and retail) real estate segment, which had been performing well during the last few years despite slowdown in the overall property market.

Of the total Rs 97,597 crore revenue, the central GST stood at Rs 19,183 crore, state GST at Rs 25,601 crore and integrated GST at Rs 44,508 crore.

Shares of Hindustan Unilever Limited were trading at Rs 2,188 on the BSE, down 4.79 per cent from its previous close.

Asian shares faced another leg lower on Wednesday as the virus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly decline in more than a decade.

The crisis has been worsened after top producers Saudi Arabia and Russia launched a price war following a row about reducing output to support virus-hit energy markets.

A total of 78,569 employees of BSNL and 14,387 staffers of MTNL have opted for the voluntary retirement scheme (VRS) which closed on December 3, 2019.

The Mukesh Ambani-led company today announced it would be donating Rs 500 crore to the PM Cares fund to support the country's fight against the deadly virus.

Last week, Future Retail said that certain lenders who held NCDs (non-convertible debentures) through IDBI Trusteeship Services Ltd invoked promoter pledged shares worth 8%.

Coal is an 'essential service' as recognized under Emergency Services Maintenance Act (ESMA) 1981, and services engaged in coal industry are 'public utility service'.

The Department of Financial Services requested people not to believe rumours of the closure of customer service bank branches.

Governor Shaktikanta Da explained that this has been done to make it unattractive for banks to passively deposit funds with the RBI and instead lend it to the productive sectors. Previously, the lowest repo rate was in March 2010 at 4.75 per cent.

The rupee which opened on a positive note at 75.90, gained further momentum and touched a high of 75.10 against the US dollar, registering a rise of 84 paise over its previous closing.

West Texas Intermediate (WTI) crude futures slipped 4 cents, or 0.2%, to $24.45 as of 0018 GMT, while Brent crude futures rose 12 cents, or 0.4%, to $27.51.

Pegging the cost of lockdown at 4% of the GDP, analysts sharply cut their growth estimates and stressed on the need to announce an economic package.

Spot gold climbed 1.7% to $1,578.83 per ounce by 0116 GMT. The metal rose 3.7% on Monday, its highest percentage gain since June 2016.