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Equity indices plunge on weak global cues, Yes Bank crashes by 55%

Mar 06, 2020

New Delhi, Mar 06 (ANI): Equity benchmark indices closed nearly 2.5 per cent lower on Friday after the Reserve Bank of India (RBI) placed Yes Bank under a moratorium and took over its board. The spreading coronavirus (Covid-19) was another reason that weakened market sentiment as the death toll increased to nearly 3,300 globally with infected cases of more than 96,000. Reports said investors lost over Rs 3.7 lakh crore in intraday trading amid Yes Bank crisis and virus-led fears. The BSE SandP Sensex closed 894 points or 2.32 per cent to 37,577 while the Nifty 50 cracked by 289 points or 2.57 per cent at 10,980. All sectoral indices at the National Stock Exchange were in the red with Nifty PSU bank down by 5.25 per cent, private bank by 3.81 per cent, financial service by 2.89 per cent and metal by 4.35 per cent. Among stocks, Yes Bank crumbled by 54.89 per cent to Rs 16.60 per share after the RBI said it is superseding the board of troubled private sector lender with immediate effect.
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Acute water crisis forces Balrampur villagers to share pond with animals

Mar 06, 2020

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Watch: Verbal attacks in Lok Sabha day after suspension of 7 Congress MPs

Mar 06, 2020

Steps are taken in interest of depositors, bank and economy: FM Sitharaman on Yes Bank crisis

Steps are taken in interest of depositors, bank and economy: FM Sitharaman on Yes Bank crisis

Mar 06, 2020

New Delhi, Mar 06 (ANI): Union Finance Minister Nirmala Sitharaman reacted over Yes Bank crisis, saying that the steps that are taken are in the interest...
Coronavirus outbreak: Locals perform ‘vanaspati yagya’ in Ghaziabad

Coronavirus outbreak: Locals perform ‘vanaspati yagya’ in Ghaziabad

Mar 06, 2020

Ghaziabad (Uttar Pradesh), Mar 06 (ANI): A group of people in Uttar Pradesh’s Ghaziabad conducted ‘hawan’ to prevent coronavirus outbreak on March 06. They performed ‘vanaspati...
SBI informed SEBI about its investment in Yes Bank: Chairman Rajnish Kumar

SBI informed SEBI about its investment in Yes Bank: Chairman Rajnish Kumar

Mar 06, 2020

New Delhi, Mar 06 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar reacted over the speculations that the state-run lender is going to take over...
President Kovind administers oath of office to Bimal Julka as new CIC

President Kovind administers oath of office to Bimal Julka as new CIC

Mar 06, 2020

New Delhi, Mar 06 (ANI): Bimal Julka took oath as new Chief Information Commissioner of the Central Information Commission on March 06. President Ram Nath Kovind...
No need to panic, funds of Yes Bank depositors to remain safe: CEA Subramanian

No need to panic, funds of Yes Bank depositors to remain safe: CEA Subramanian

Mar 06, 2020

Mumbai / New Delhi, Mar 06 (ANI): After Reserve Bank of India placed Yes Bank under a month-long moratorium, Chief Economic Advisor of India, Krishnamurthy...
India one of the quickest in settling insolvency cases: FM Sitharaman

India one of the quickest in settling insolvency cases: FM Sitharaman

Mar 06, 2020

New Delhi, Mar 06 (ANI): Union Finance Minister Nirmala Sitharaman on March 06 said that today India probably takes least possible time in resolving insolvency cases....
India will be impacted by coronavirus to ‘some extent’: RBI Governor

India will be impacted by coronavirus to ‘some extent’: RBI Governor

Mar 06, 2020

Mumbai, Mar 06 (ANI): While addressing during the 15th Annual Banking Summit of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) on March 06...
Expect ‘swift action’ by RBI to revive Yes Bank: Governor Shaktikanta Das

Expect ‘swift action’ by RBI to revive Yes Bank: Governor Shaktikanta Das

Mar 06, 2020

Mumbai, Mar 06 (ANI): After Reserve Bank of India placed Yes Bank under a month-long moratorium, Governor Shaktikanta Das said that people can expect “swift action”...
CM Uddhav Thackeray pays respects to Chhatrapati Shivaji ahead of assembly budget

CM Uddhav Thackeray pays respects to Chhatrapati Shivaji ahead of assembly budget

Mar 06, 2020

Mumbai, Mar 06 (ANI): Chief Minister of Maharashtra Uddhav Thackeray and Deputy CM Ajit Pawar paid respects to Chhatrapati Shivaji Maharaj's statue inside Maharashtra Assembly on...
Congress protests inside Parliament premises demanding Amit Shah’s resignation

Congress protests inside Parliament premises demanding Amit Shah’s resignation

Mar 06, 2020

New Delhi, Mar 06 (ANI): Congress MPs protest in front of Mahatma Gandhi statue inside the Parliament premises on March 06. The demonstration was led by...
Worldwide death toll from coronavirus rises to 3,282: WHO

Worldwide death toll from coronavirus rises to 3,282: WHO

Mar 06, 2020

New Delhi, Mar 06 (ANI): The World Health Organization (WHO) said that it had registered 2,241 new confirmed cases of the new coronavirus disease (COVID-19) worldwide...
Harsh Vardhan inspects coronavirus preparations at Delhi airport

Harsh Vardhan inspects coronavirus preparations at Delhi airport

Mar 06, 2020

New Delhi, Mar 06 (ANI): Union Health Minister Dr. Harsh Vardhan inspected the management and preparedness for coronavirus at Terminal 3, Indira Gandhi International Airport in...