*Business Standard :*
Ø S&P further slashes India's growth forecast to 3.5%
Ø Govt relaxes compliance norms for SEZs
Ø Govt may consider cash transfer to workers: Niti VC
Ø Lockdown to impact power demand: ICRA
Ø RBI changes SLBC convenors in view of bank mergers
Ø Economic outlook for India is turning grim day by day
Ø SBI-led lenders okay Suzlon loan recast
Ø Indian economy can contract 2.6%; US over 11% in worst case in 2020: Nomura
Ø Sebi asks exchanges to review expiry of agro derivative contracts
Ø Continue second phase of UPI for retail investors till further notice: Sebi
Ø Govt may slash borrowing from market in April amid lockdown: Report
Ø Govt extends crop loan interest benefits for farmers till May 31
Business Line
*Mint :*
Ø Existing foreign trade policy likely to be extended
Ø Implementation of Stamp Act changes deferred by 3 months till July 1
Ø Covid-19: ONGC contributes ₹300 crore from CSR to PM CARES fund
Ø RIL pledges ₹500 crore to PM CARES Fund
Ø Govt releases ₹10,000 crore for VRS payments of BSNL, MTNL
Ø GMR Airports’ international partner Groupe ADP raises €2.5 billion in bonds
Ø Infosys Foundation commits ₹100 crore towards Covid-19 relief efforts
Ø Bombay HC gives relief to Future group against pledge invocation amidst Covid-19
Ø CAMS data shows arbitrage and debt fund exodus, steady equity flows
Ø India may slash borrowing from market in April amid lockdown: Report
Ø HPCL invokes force majeure on Iraqi oil: Report
Ø Sun Pharma’s ex-India biz at record low valuations, amid FDA troubles
Financial Express
*Deccan Chronicle :*
Ø Finance Ministry asks banks to ensure adequate cash to meet cash demand post salary transfers
Ø Fitch Solutions cuts India GDP growth forecast to 4.6% for FY21
Ø ADB to invest $100 million in Indian infrastructure sector via NIIF
Ø Sensex plummets 1,375 pts; Nifty ends below 8,300
Ø Rupee settles 70 paise lower at 75.59 against US dollar
Ø COVID 19 effect: Surge in health insurance policies
Ø China slashes rate, adds $7 bn to banking system to counter virus
By: via @AlliesFin Serve T.ME/ALLiESFiN
