Mamata Banerjee has been banned by ECfrom campaigning from 8 pm of April 12 till 8 pm of April 13.
Fresh dates will be announced accordingly, Education Minsiter varsha Gaikwad said said.
We'll also be writing to the CBSE, ICSE, IB, Cambridge boards, requesting them to reconsider their exam date, she said.
Markets declined sharplu and the rupee dropped on Monday as Covid-19 cases continued to rise relentlessly as maharashtra mulls a lockdown, threatening to derail a recovery in Asia's third-largest economy.
The NSE Nifty 50 index was down 3.7% at 14,286.85 while the S&P BSE Sensex declined 3.55% to 47,846.97. The two indexes have now retreated 7%-8% each from their mid-February record highs.
The rupee weakened to a more than eight-month low of 75.1375 against the dollar.
India reported another record daily surge in coronavirus cases and overtook Brazil to be the second worst-hit country by Covid.
Stocks across most industries declined, with financial shares being hit the hardest. HDFC Bank, Reliance Industries and ICICI Bank were the top three drags on the Nifty 50, each falling 3%-5%.
The state-run banks index was down 9% and on track for its worst day in more than a year.
Cipla and Dr Reddy's, both sellers of COVID-19 medication, gained 3%-4% and were among the few gainers.
(Reuters)