Net Profit of GAIL India Limited, a public sector gas company, jumped 169% to Rs 3,018.20 crore in the Quarter ended March 2020; The government has announced an infrastructure development fund of Rs 15,000 crore with an interest subsidy scheme; The International Monetary Fund, in its latest estimate, has projected the Indian economy to fall 4.5% in the financial year 2020; Mutual Funds Managers are unable to buy more shares of Reliance Industries; Australia's Qantas Airline plans to cut at least 6,000 jobs; The price of Crude oil has reduced by half due to the worldwide economy of Coronavirus, after which Indian Oil Corporation has lost thousands of crores of rupees; NTPC, a public sector company, has loaned and collected Rs 24,056.50 crore in the financial year 2019-20; Shares of Footwear manufacturer Relaxo Footwear has made Investors successful.
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