SGX Nifty indicates a lower opening for Indian markets

For today, expect some more early consolidation as global cues and extended long weekend see pessimism in morning trade.

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COVID-19 impact: Moody’s changes outlook on Indian banks to negative

The Indian banks’ asset quality will deteriorate, says the investors services agency

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Finance ministry extends motor, health insurance validity till April 21

In a major relief for 23 crore individual vehicle owners and 40 crore citizens, who benefit from a private or state health insurance scheme, the ministry of finance has amended the law and extended validity of insurance papers till April 21, 2020.

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AU Bank contributes Rs5cr for Corona relief

AU Bank spread across 11 states. Besides, AU Bank will be providing hot cooked meals to over one Lakh families across Jaipur, Mumbai and other cities.

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Sharp decrease in domestic gas prices and low crude oil prices, a double whammy for the upstream producers: ICRA

As per an ICRA note, the decline in domestic gas price is in line with the fall in global gas indices over the reference period

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Sensex, Nifty closed on account of Ram Navami

The stock, bond and foreign exchange markets are also closed.

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Aster announces support package for Kerala to fight COVID-19

The measures were announced by Dr. Azad Moopen- Founder Chairman and Managing Director of Aster DM Healthcare following his conversation with the Honorable Chief Minister of Kerala, Pinarayi Vijayan, who is the leading Keralas efforts to contain the COVID-19 crisis.

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US receives 2.75L H-1B registrations, of which 67.7% were for Indians

A bulk of H-1B cap registrations, received by the US Citizenship and Immigration Services, were for potential beneficiaries (workers) from India. Of the 2.75 lakh registrations received from sponsoring employers wish to depute or hire workers in the US, nearly 67.7% or 1.86 lakh were from India. Registrations were also filed for 36,300 (13.2%) Chinese workers.

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'Arogya Sanjeevani' policy to cover Covid-19

The standard health insurance policy “Arogya Sanjeevani” for all 29 general/health insurance companies will now cover hospitalisation under Covid-19, said Irdai. Each insurance company has been given its own discretion on how to price the product. The cost of the premium is roughly about Rs 1K for every Rs 1 lakh of coverage; coverage can go up to Rs 5 lakh.

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