- The finance ministry on Thursday said ₹1,000 more will be given over the next two months.
- Doordarshan (DD) is the highest watched channel in India for the week ended April 3.
- According to reports, the government may soon announce a second stimulus package worth over ₹1 lakh crore.
- The rupee on Thursday recovered from record low levels to settle 6 paise higher at 76.28
Following are the top business stories of April 9.
Industrial production grows 4.5% in February
The country's industrial output grew by 4.5% in February, mainly on account of higher output in the mining, manufacturing and electricity sector, government data showed on Thursday.
Govt to deposit ₹1,000 in women PMJDY accounts in two instalments
Urging people not to believe rumours, the finance ministry on Thursday said ₹500 has been deposited in each PMJDY account held by women for April and ₹1,000 more will be given over the next two months in equal instalments.
EMI moratorium fraud: Banks asking customers to be alert, not to share OTP with imposters
In a bid to warn customers against fraudsters who may attempt to exploit the EMI moratorium scheme, leading banks are reaching out to their customers to caution them against 'EMI moratorium frauds' and strongly advising them not to share sensitive information like OTP and PIN with imposters.
Petrol, diesel demand slumps 66% in Apr; ATF down 90% as
India's fuel consumption slumped by over 66 per cent in April as a nationwide lockdown halted economic activity and travel, which eviscerated demand.
COVID-19: RBI hopes monetary, fiscal measures to spur eco activity once normalcy is restored
Amid lockdowns and global slowdown adversely impacting the economic activity, the RBI on Thursday expressed hope that recent monetary and fiscal measures will mitigate the impact of COVID-19 on domestic demand and spur growth once the normalcy is restored.
Markets ratchet higher on second stimulus buzz; log weekly gains
The Sensex vaulted over 1,265 points while the broader Nifty cruised past the 9,100-mark on Thursday as hopes of a second stimulus package from the government triggered widespread buying.
Doordarshan highest-watched channel in India during week ended Apr 3: BARC
Getting back classic programmes like Ramayan to keep locked down people entertained has catapulted Doordarshan (DD) to be the highest watched channel in India for week ended April 3, BARC said on Thursday.
Govt may soon announce second stimulus package worth over ₹1 lakh crore: Report
The Centre may soon announce another fiscal package which should be almost similar to the Rs 1.75 lakh crore stimulus announced last month, a report said on Thursday.
Lockdown: Migrant workers from North East feeling insecure to return to workplace, says AIMO
All India Manufacturers Organisation (AIMO) on Thursday said a large number of migrant employees from the North East region have expressed insecurity and fear to return to work in places away from their native places due to "harrowing experience" they faced due to the lockdown.
Rupee recovers from record lows on forex inflows, firm stocks
The rupee on Thursday recovered from record low levels to settle 6 paise higher at 76.28 against the US dollar tracking gains in equity markets and foreign fund inflows.
Airlines selling tickets without clarity on lockdown period unfair to consumers: CAPA
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken.
Telcos provided adequate relief to low-income users despite fin stress: COAI to Trai
Industry body COAI on Thursday told the sector regulator that operators have provided adequate relief to low-income subscribers despite financial stress, and expectation of extending benefit to all prepaid users is not appropriate.
RBI expects rupee to hover around 75/dollar; Indian crude basket to $35 per barrel in FY21
The Reserve Bank expects the value of the domestic currency to hover around ₹75 to a dollar and Indian crude basket to about USD 35 per barrel during 2020-21.
Lockdown: Govt may soon allow courier, parcel services to function
In a relief to businesses, the government may soon allow operations of courier and parcel services in the country so that companies are able to send and receive documents at a time when the country is under coronavirus lockdown, sources said.
Govt extends Central Electronics bid deadline to May 16
The government has extended the deadline to bid for Central Electronics Ltd (CEL) by a month to May 16 on account of the situation arising due to the coronavirus outbreak.
SEE ALSO: Maharashtra to cut salaries of all its MLAs by 30% for the entire year