Saturday, 28 March 2020

Current affairs on 28 March 2020

Today's Headlines from www:

*Economic Times*

📝 Give food, shelter, basic amenities to migrant labourers: Centre to States

📝 Auto component industry facing production loss of Rs 1000-1200 crore per day in lockdown

📝 SC allows automakers to sell 10% of unsold BSIV stock

📝 FMCG production yet to return to normal; retailers say stock depleting fast

📝 Peak power demand down 26 pc to 120 GW in a week

📝 Vedanta Limited announces change in company's top management

📝 Govt ensures uninterrupted supply of oxygen to hospitals

📝 DSP, SBI SmallCap to start accepting lumpsum investments

📝 Rupee pares initial gains, settles 27 paise higher at 74.89 against US dollar

*Business Standard*

📝 Covid-19 relief: RBI cuts repo 75 bps; defers term-loan EMIs for 3 months

📝 SBI cuts lending rate by 75 bps as RBI introduces liquidity package

📝 Tata Motors to carve out PV biz as separate entity, to see change of guard

📝 Moody's slashes India's GDP growth rate to three-decade low of 2.5%

📝 Indian start-up QNu Labs debuts on global quantum computing stage

📝 IT firms stare at increasing client issues over coronavirus pandemic

📝 Sebi eases operational procedure for public issue, share acquisition

📝 Buyers confined indoors, realtors switch online to conduct businesses

📝 Forex reserves fall by $12 bn to $499 bn; rupee hits all-time low: RBI data

📝 Govt approves additional Rs 5,751 cr to 8 states as calamity relief

*Financial Express*

📝 SAIL proposes to increase capacity to 49.6 mtpa by 2030

📝 NMDC facing 50% cost overrun for a 52-month delay in Nagarnar plant completion

📝 Dr Reddy’s Laboratories gets nod for borrowing plan of up Rs 2,000 crore

📝 Online sales come to a halt amid coronavirus lockdown

📝 Coal India continues operations, records about 3 million tonnes production on Thursday

📝 RBSA estimates valuation of LIC in Rs 9.90-11.50L crore range

📝 FM Sitharaman asks banks for ‘quick transmission’ of slashed interest rate

📝 RBI refrains from giving growth, inflation outlooks; says current GDP projections at risk

*Mint*

📝 Donald Trump signs $2 trillion coronavirus bill, largest ever US stimulus

📝 Govt exempts procurement agencies, mandis, farming operations from lockdown

📝 Regulator allows banks to trade in offshore rupee derivative market

📝 Food tech entrepreneurs pitch cloud kitchens to feed the poor amid lockdown

📝 Brent oil dives over 7% despite stimulus efforts; calls mount for new OPEC+ deal

📝 World has entered a recession as bad or worse than financial crisis: IMF chief

📝 Gap in monitoring as 15 lakh passengers entered India in 2 months: Centre

📝 Government misses disinvestment target for FY20 by Rs14,701 crore

📝 Coffee Day gets Rs. 1800 crore from Blackstone for IT park deal.

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