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Centre to withdraw 96% of Rs 4 lakh crore AGR related dues raised against PSUs. (PTI Photo)Business
AGR dues: Withdrawing 96% of Rs 4 lakh crore raised against PSUs,...

The bench asked about the security and guarantees which can be sought from telecom companies to ensure repayment of AGR...

18 Jun 2020 1:28 PM IST

Prime Minister Narendra Modi. (PTI Photo)Business
PM Modi launches coal mines auction, says India must become...

Ministry of Coal launched the process for auction of 41 coal mines to achieve self-reliance in the coal sector

18 Jun 2020 1:25 PM IST

Petrol price on Thursday was hiked by 53 paise per litre and diesel by 64 paise a litre. (PTI Photo)Business
Fuel prices hit new high, petrol hiked by 53 paise, diesel by 64 paise...

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax...

18 Jun 2020 11:50 AM IST

Unionized hospitality workers wait in line in a basement garage to apply for unemployment benefits. (AP Photo)Business
US jobless claims remain high, second wave of layoffs blamed

From manufacturing, retail, information technology and oil and gas production, companies have announced job cuts

18 Jun 2020 10:53 AM IST

Fitch cut its outlook for India to negative from stable on Thursday. (PTI/AFP Photo)Business
Fitch cuts India's outlook to 'negative'

Fitch expected economic activity to contract by 5 percent in the fiscal year ending March 2021 due to the strict...

18 Jun 2020 10:27 AM IST

Chinas Oppo cancelled the live online launch of its flagship smartphone in India. (AFP Photo)Business
Oppo cancels live phone launch in India amid demands to boycott China...

To launch the phone, the company instead uploaded a 20-minute, pre-recorded video

18 Jun 2020 10:11 AM IST

People walk past an electronic board showing Hong Kong share index outside a bank in Hong Kong. (AP Photo)Business
Asian stocks stumble on fears of second coronavirus wave

The financial support, easing of lockdown restrictions, opening-up of economies provided support to equities in recent...

18 Jun 2020 9:31 AM IST

Asian Development Bank (ADB) on Thursday slashed its growth forecast for developing Asia. (AFP Photo)Business
ADB slashes 2020 growth forecast for developing Asia to 0.1% from 2.2%

The ADB kept its economic growth forecast for developing Asia for next year at 6.2%

18 Jun 2020 9:29 AM IST

Oil prices fell more than 1% in early trade on Thursday as a spike in new coronavirus cases. (AFP Photo)Business
Oil prices drop on demand worries as coronavirus cases rise

A rise in US crude stockpiles to a record high for a second week in a row also weighed on sentiment

18 Jun 2020 9:27 AM IST

International Air Transport Association (IATA) has released criteria for the use of COVID-19 testing in the travel process. (ANI Photo)Business
IATA issues criteria for COVID-19 testing in air travel process

If testing is required as part of the travel process, it is recommended at departure, said IATA

17 Jun 2020 4:04 PM IST

SC says no merit in charging interest on interest for deferred payments during moratorium. (PTI Photo)Business
SC: Moratorium means banks can charge interest but not 'interest on...

Solicitor General Tushar Mehta said waiving interest completely will not be easy for banks as they have to pay interest...

17 Jun 2020 2:46 PM IST

AIIB approves USD 750 mn loan to India. (AFP Photo)Business
China-backed AIIB approves $750 million loan for India's COVID-19...

The support to India aims to ensure economic resilience to prevent long-term damage to the productive capacity of the...

17 Jun 2020 1:29 PM IST

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