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Hero MotoCorp resumes retail operations across 1,500 touch-points. (PTI Photo)

Hero MotoCorp resumes retail operations; claims 10,000 sales in a week

Around 10,000 units of motorcycles and scooters have already been sold since the reopening of these customer touch-point

10 May 2020 4:35 PM IST

Indias fuel demand dipped 45.8% in April. (PTI Photo)

India's fuel demand crashes nearly 50% in April

The country's fuel demand is set to recover with easing restrictions on industrial activity and transport in areas

10 May 2020 3:22 PM IST

Coronavirus deals U.S. job losses of 20.5 million. (AFP Photo)

US economy lost a staggering 20.5 million jobs, historic unemployment...

Though millions of Americans continue to file claims for unemployment benefits, April could mark the trough in job...

10 May 2020 9:02 AM IST

After defaulters flee India, SBI complains to CBI. (PTI Photo)

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to...

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and...

10 May 2020 8:44 AM IST

State banks reported 5,743 cases of fraud in the period, most of which had taken place over the last several years.

Three Ram Dev International promoters flee India after cheating 6...

The company had three rice milling plants, besides eight sorting and grading units in Karnal district.

9 May 2020 1:01 PM IST

The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy. (AP)

US unemployment surges to a Depression-era level

US Labor Department says that 20.5 million jobs vanished in April in the worst monthly loss on record triggered by...

9 May 2020 11:08 AM IST

IndiGo reinstates pay cut for senior employees from May. (PTI Photo)

IndiGo to cut salaries of senior employees from May

IndiGo announced pay cuts for its senior employees on 19 March, it had rolled them back on 23 April in deference to...

8 May 2020 1:29 PM IST

China, US commit to implement trade deal. (AFP Photo)

China, US agree to implement trade deal despite virus row

The countries have also agreed to maintain communication and coordination

8 May 2020 12:36 PM IST

Indias rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)

India's rating outlook reflects rising risk of slower GDP growth:...

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain...

8 May 2020 11:55 AM IST

Uber on Wednesday said it would lay off 3,700 full-time employees, or roughly 17 percent of its head count. (AFP Photo)

Uber reports massive losses, to lay off 3,700 employees

Uber recorded $3.54 billion in total revenue for the first three months of the year, but still posted a $2.9 billion...

8 May 2020 11:25 AM IST

Oil set for positive finish to week as lockdowns eased, (AFP Photo)

Oil prices rise as countries ease virus lockdown

Oil markets were battered in April as the virus strangled demand owing to business closures and travel restrictions

8 May 2020 9:35 AM IST

Vista Equity Partners to pick up 2.32% stake in Jio Platforms for Rs 11,367 cr. (PTI Photo)

Vista Equity Partners to invest in Reliance Jio

Vista's investment will translate into a 2.32 percent equity stake on a fully diluted basis, making Vista largest...

8 May 2020 9:05 AM IST