Top headlines: Goldman downgrades Indian mkts, Asia to clock lowest growth

Business Standard brings to you a snapshot of events that made the headlines today

Goldman Sachs has downgraded its stance on the Indian market to ‘marketweight’ from ‘overweight’ citing “delayed recovery and extended valuations.” Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an "unprecedented" toll on the region's service sector and major export destinations, the International Monetary Fund said. The Centre, on Thursday, allowed health and motor third party policyholders to defer their renewal, if it falls between March 25 and May 3— the lockdown period. Meanwhile, Rahul Gandhi said on Thursday that the nation-wide lockdown is only a "pause button"