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The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India. (PTI Photo)

BRICS' new development bank provides $1 billion loan to India to fight...

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

13 May 2020 1:30 PM IST

Auto component industry likely to witness double-digit degrowth in FY21. (PTI Photo)

Auto component industry likely to witness double-digit degrowth in...

India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and...

13 May 2020 1:24 PM IST

COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar. (PTI Photo)

Covid19 hits hotel and hospitality sector; Delhi, Bengaluru worst-hit

The occupancy level fell most in Delhi at 16.9 percentage points during January-March 2020

13 May 2020 11:59 AM IST

Sensex zooms over 1,400 pts on PM Modis Rs 20 lakh cr economic booster. (PTI Photo)

Sensex zooms over 1,400 pts on PM Modi's Rs 20 lakh crore economic...

ICICI Bank was the top gainer in the Sensex pack, surging around 7 per cent

13 May 2020 11:07 AM IST

Sebi lists 8 entities that can undertake e-KYC Aadhaar authentication. (PTI Photo)

Sebi allows e-KYC using Aadhaar for 8 entities

Sebi lists 8 entities that can undertake e-KYC Aadhaar authentication. (PTI Photo)

13 May 2020 9:42 AM IST

Hyderabad: Park Hyatt Hotel , Banjara Hills. (Deccan Chronicle Photo)

Hyatt to lay off 1,300 employees as pandemic cripples travel

Hyatt said it had also cut pay for senior management, board members and all employees in corporate offices as part of a...

13 May 2020 9:01 AM IST

Gilead Sciences Inc said on Tuesday it has signed non-exclusive licensing pacts with five generic drugmakers based in India and Pakistan. (Photo- Twitter)

Gilead ties up with 5 generic drugmakers in India, Pakistan for...

The licenses are royalty-free until the World Health Organization declares the end of the public health emergency...

13 May 2020 8:44 AM IST

Oil prices fell in early Asian trading on Wednesday . (AFP Photo)

Oil falls amid concerns about second wave of virus, rise in...

Traders shrugged off a further call by Saudi Arabia for larger production cuts to balance the market following a...

13 May 2020 8:29 AM IST

IPL wipeout may cause India 4k crore losses

IPL, which began in 2008, generates the bulk of BCCI's revenue

12 May 2020 11:50 AM IST

Asian shares skidded on Tuesday on growing worries about a second wave of coronavirus infections. (PTI Photo)

Asian stocks stumble on fears of second coronavirus wave, oil up

As countries gradually ease restrictions in an effort to restart their economies, investors are anxious about a second...

12 May 2020 10:54 AM IST

Indias automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year. (PTI Photo)

India's automakers warn of up to 45% sales drop as economy slumps amid...

India's auto industry is already reeling, with sales of cars, trucks and motorbikes falling 18% last fiscal year to 21.5...

12 May 2020 10:42 AM IST

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown. (AFP Photo)

Start-ups get creative as coronavirus crisis fuels funding crunch,...

A group of the top venture firms warned startups this month that it will be very difficult to raise financing anytime...

11 May 2020 3:01 PM IST