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Amazon India expands packaging-free shipping to over 100 cities. (AFP Photo)

Amazon India expands packaging-free shipping to over 100 cities

More than 40% of Amazon customer orders shipped from Amazon India's Fulfilment centers are now packaging-free

3 Jun 2020 4:05 PM IST

Services activity contracts sharply in May due to COVID-19. (PTI Photo)

Covid19 effect: Services sector activity reduces sharply in May

Employment continued to fall in response to weak demand and expectations of further challenging conditions

3 Jun 2020 2:02 PM IST

PSBs disburse Rs 3,893 cr loans to MSMEs under Emergency Credit Line Guarantee Scheme. (PTI Photo)

Public sector banks disburse Rs 3,893 cr loans to MSMEs

On May 21, cabinet approved additional funding of up to Rs 3 lakh crore at a concessional rate of 9.25% through ECLGS...

3 Jun 2020 1:03 PM IST

Indias drug regulator grants Gilead Sciences marketing authorisation for remdesivir. (AFP Photo)

India's drug regulator grants Gilead Sciences marketing authorisation...

The approval process for remdesivir was accelerated in view of emergency situation and unmet need for medicines in light...

3 Jun 2020 11:57 AM IST

Oil hits three-month high over hopes for output cuts. (AFP Photo)

Oil hits three-month high over hopes for output cuts

OPEC countries including Russia may extend production cuts of 9.7 million barrels per day, or about 10% of global output...

3 Jun 2020 11:35 AM IST

Technology minister Ravi Shankar Prasad launches new schemes to boost electronics manufacturing. (PTI Photo)

India launches Rs 50,000 crore plan to boost electronics manufacturing

The plan comes as more companies look for manufacturing sites outside China, where the coronavirus pandemic disrupted...

3 Jun 2020 9:35 AM IST

Asian stocks set to gain as stimulus hopes support risk appetite. (AFP Photo)

Asian stocks rise on stimulus hopes

Expectations for additional support from the European Central Bank and the German government boosted European stocks

3 Jun 2020 9:03 AM IST

People queue outside a benefits payment center in Sydney. (AFP Photo)

Australia's economy shrinks in first quarter, headed for first...

The central bank stepped in by cutting the cash rate to a record low 0.25% and launching an unlimited bond buying...

3 Jun 2020 8:59 AM IST

Carmakers tie-up with banks to offer low interest rate schemes to attract customers. (Photo- PTI)

Carmakers tie-up with banks to offer low interest rate schemes to...

So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over...

2 Jun 2020 4:16 PM IST

Congress leader Rahul Gandhi. (PTI Photo)

Moody's rated Modi's handling of economy a step above junk, says Rahul...

He said lack of support to the poor and small and medium industry indicates that the worst is yet to come

2 Jun 2020 3:33 PM IST

Prime Minister Narendra Modi addresses the annual session of the Confederation of Indian Industry (CII) on its 125th anniversary via video link, in New Delhi, on June 2, 2020. (PTI Photo)

India will definitely get its growth back, path to that is...

Speaking at CII's Annual Session, he called on India Inc to rise to the occasion and partner rural India in these...

2 Jun 2020 2:09 PM IST

India tells airlines to keep middle seat vacant as far as possible. (PTI Photo)

Airlines asked to keep middle seat empty

However, members of the same family would be allowed to sit together, the Directorate General of Civil Aviation said in...

2 Jun 2020 9:52 AM IST