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Asian shares make cautious gains; oil, gold prices hit record levels as more countries reopen their economies. (AP Photo)

Asian shares make cautious gains; oil and gold jump

Oil prices reached their highest since March as demand picked up as countries around the world eased travel restrictions

18 May 2020 9:16 AM IST

Japan slips into recession, worst yet to come as pandemic wreaks havoc. (AFP Photo)

Japan slips into recession, slump set to worsen as pandemic wreaks...

The world's third-largest economy shrank for second consecutive quarter in three months to March, intensifying challenge...

18 May 2020 8:42 AM IST

Migrant workers from other states trying to return to their homes arrives for transportation to a train station in Ahmedabad. (AP)

135 million Indians may lose job due to coronavirus impact

The worst impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita...

17 May 2020 4:25 PM IST

Centre increased borrowing limit for states from three to five per cent for 2020-21 only, Union Finance Minister Nirmala Sitharaman announced on Sunday. (PTI Photo)

Borrowing limit of states increased to tackle economic fallout of...

The decision comes after requests posed by various state governments

17 May 2020 1:43 PM IST

Union Finance Minister Nirmala Sitharaman. (ANI Photo)

FM Nirmala announces additional 40k crore under MGNREGS to boost...

Top-100 universities will be permitted to automatically start online courses by May 30, 2020

17 May 2020 12:26 PM IST

Scientists say the risk of infection is near its highest when people spend long periods in enclosed spaces - like airplanes. (AFP)

Airlines struggle to impose mask rule on defiant travellers

Most airlines appear to have chosen the course of conciliation over confrontation with insistent and sometimes angry...

17 May 2020 12:06 PM IST

Adrienne Williams poses wearing a mask in the parking lot where she picks up her delivery van every day in Richmond, California. She delivers for Amazon, but Adrienne Williams says the e-commerce and tech giant did not deliver for her. (AFP)

Coronavirus hits Amazon contractors hard

Amazon's third-party delivery firms which have been struggling amid surging demand for goods and supplies to locked-down...

17 May 2020 11:27 AM IST

Apparel Export Promotion Council on Saturday said it will ensure exports of non-medical and non-surgical masks. (PTI Photo)

India to export non-medical, non-surgical masks worth USD 1 billion in...

Directorate General of Foreign Trade (DGFT) on Saturday issued a notification amending the export policy to allow the...

17 May 2020 9:52 AM IST

European Union and Canada have formally raised concerns to Mexico about rules they say endanger renewable energy projects. (AFP Photo)

Energy dispute deepens between Mexico and foreign allies

Legal experts are confident the measures are in breach of a number of existing laws and would be struck down in court

17 May 2020 9:49 AM IST

Union Finance Minister Nirmala Sitharama. (PTI Photo)

Sitharaman to announce fifth and final tranche of economic package at...

Finance Minister on Saturday said the government will introduce competition, transparency and private sector...

17 May 2020 9:45 AM IST

Finance Minister Nirmala Sitharaman (Twitter)

Nirmala Sitharaman announces reforms in mining, defence production in...

States are being ranked on investment attractiveness to compete for new investments, she said.

16 May 2020 5:20 PM IST

Mukesh Ambanis Reliance Industries to consider first rights. (PTI Photo)

Reliance Industries to open Rs 53K crore rights issue for shareholders...

This is India's biggest and the first such issue by the firm in nearly three decades.

16 May 2020 12:08 PM IST