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WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI inflation falls by 3.21% in May, food prices up

In fuel and power basket, deflation stood at 19.83 per cent in May, as against 10.12 per cent in the previous month

15 Jun 2020 1:16 PM IST

From the top-10 list, only Reliance Industries Limited, Hindustan Unilever Limited (HUL) and HDFC ended the week with gains. (PTI Photo)

Seven of top-10 firms lose Rs 78,127 cr in m-cap; HDFC Bank biggest...

HDFC Bank's market valuation plunged Rs 28,391.71 crore to Rs 5,39,305.38 crore

14 Jun 2020 12:49 PM IST

Petrol, diesel rates up by more than Rs 4 in 8 days. (PTI Photo)

Fuel prices rise on 8th day; Petrol hiked by 62 paise, diesel by 64...

In eight hikes, petrol price has gone up by Rs 4.52 per litre and diesel by Rs 4.64

14 Jun 2020 11:04 AM IST

Dr Reddys signs deal with Gilead to register, manufacture and sell Remdesivir in India. (ANI Photo)

Dr Reddy's inks licensing pact with Gilead Sciences for Remdesivir

Gilead Sciences signed similar non-exclusive licensing agreements with Cipla, Hetero Labs, Jubilant Lifesciences, Mylan...

14 Jun 2020 9:59 AM IST

Reliance says TPG and L Catterton to invest in Jio Platforms. (PTI Photo)

TPG, L Catterton to invest Rs 64.4 billion in Jio Platforms

Reliance has now sold just over 22% of Jio Platforms to investors including Facebook Inc, securing $13.72 billion in...

14 Jun 2020 8:47 AM IST

Uday Kotak (PTI file photo)

Kotak hardest hit by RBI plan to cap CEO tenures

The bank's shares were down as much as 5.2 per cent intra-day in Mumbai on Friday

13 Jun 2020 7:57 PM IST

Mahindra looks to give up control of Ssangyong

Mahindra, which owns a 75 per cent stake in SsangYong, rescued the sport-utility vehicle (SUV) maker from...

13 Jun 2020 7:38 PM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

FM gives relief to small taxpayers, halves interest on delayed filing...

No late fee will be levied for delayed filing of GST returns by registered entities with nil liability, said Sitharaman

12 Jun 2020 5:05 PM IST

JSW assured the deputy commissioner of Bellary district that all employees will be thoroughly screened before joining duty

Superspreader from Salem at JSW steel plant transmits virus to 90 in...

30 localities in steel town sealed off as virus spreads to dozens in just 4 days

12 Jun 2020 1:22 PM IST

Supreme Court on Friday directed that no coercive action should be taken till July last week against private companies. ( PTI Photo)

SC gives relief to employers, says no action against firms for not...

The bench asked the state governments to facilitate such settlement process and file its report with the labour...

12 Jun 2020 12:37 PM IST

An Indian ragpicker collects reusable material from a garbage dump. Coronavirus pandemic could plunge an extra 395 million people into extreme poverty. (AP Photo)

Economic fallout from COVID-19 could push more than billion into...

The outlook for the world's poorest looks grim unless governments do more and do it quickly, says a UNU report

12 Jun 2020 12:03 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee opens at 76-mark, slips 32 paise against US dollar

Forex traders said risk appetite has waned and there is growing concern about a resurgence of COVID-19 infections

12 Jun 2020 12:00 PM IST