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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

A bystander watches the stock prices displayed on a digital screen at the facade of the Bombay Stock Exchange (BSE) building, in Mumbai. (PTI Photo)

Sensex drops 1,100 points, Nifty below 9,700; banks worst-hit

IndusInd Bank was the top laggard in the Sensex pack, tumbling around 6 per cent

12 Jun 2020 11:03 AM IST

Petrol price on Friday was hiked by 57 paise per litre and diesel by 59 paise a litre. (PTI Photo)

Petrol, diesel prices hiked by more than Rs 3 in six days

Rates have been increased across the country and vary in each state depending on the incidence of local sales tax or...

12 Jun 2020 9:46 AM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)

RBI proposes stricter governance rules for commercial banks

RBI said the objective of tougher guidelines was to align the current regulatory framework with global best practices

12 Jun 2020 9:13 AM IST

German carrier Lufthansa said on Thursday it will slash 22,000 jobs. (ANI Photo)

Lufthansa to cut 22,000 jobs as travel demand dips on COVID-19 woes

Lufthansa said it will operate about 100 fewer aircraft after the crisis

12 Jun 2020 9:07 AM IST

MSME and transport minister Nitin Gadkari. (PTI Photo)

Need viable solution says Gadkari, as MSP for agri crops higher than...

Government provided Rs 6,000 crore subsidy to export 60 lakh tonnes of sugar as the country is surplus in the sweetener,...

11 Jun 2020 4:13 PM IST

Automobile registrations in May down 89 percent due to COVID-19 lockdown. (ANI Photo)

Vehicle registrations down 89% in May

For the first time, said FADA President Ashish Harsharaj Kale, the month of April witnessed zero retails

11 Jun 2020 3:33 PM IST

The Supreme Court Thursday termed as Â‘totally impermissible the demand by Department of Telecom for dues of Rs 4 lakh crore. (PTI Photo)

AGR dues: SC slams DoT's raising demand from PSUs, says it is totally...

The bench also asked private telecom operators to file affidavits giving details as to how they will pay the AGR dues

11 Jun 2020 3:03 PM IST

India has lifted an export ban on hydroxychloroquine, the anti-malarial drug. (AFP Photo)

India lifts export ban on hydroxychloroquine

Department of Pharmaceuticals banned the export of the drug in March as coronavirus outbreak disrupted supply chains

11 Jun 2020 2:00 PM IST

Prime Minister Narendra Modi. (PTI Photo)

Turn crisis into opportunity, says PM Modi; reiterates self-reliance

PM Modi said that the government has reformed many sectors, it is now time for indsutry and youth to take benefit of...

11 Jun 2020 12:34 PM IST

Indias fuel demand rose by nearly 50% in May from the previous month as the country eased coronavirus-led restrictions. (PTI Photo)

Fuel demand jumps nearly 50% in May as lockdown restrictions ease

Petrol and diesel sales in May, however, increased by 81.8% and 69.1% respectively from April

11 Jun 2020 11:14 AM IST