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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

SBI cuts benchmark lending rate by 15 bps; launches spl deposit scheme for senior citizens. (PTI Photo)

SBI cuts lending rate by 15 bps, senior citizens get a special deposit

An additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above"...

7 May 2020 4:04 PM IST

Automobile majors on Wednesday announced the resumption. (PTI Photo)

Some auto companies resume production, others prepare to restart...

Home Ministry allowed factories in rural areas or those outside municipal limits to resume production under strict...

7 May 2020 3:48 PM IST

Budweiser brewer hit by pandemic to invest more in e-commerce. (PTI Photo)

Budweiser to invest more in e-commerce as virus hits offline demand

The company said it would keep up efforts to market its premium and super-premium beers

7 May 2020 3:24 PM IST

Chinas exports saw a shock 3.5 percent rise in April . (PTI Photo)

China exports see surprise 3.5% jump in April, imports fall 14.2%

Exports of medical instruments and devices rose 11 percent in the first four months from a year ago

7 May 2020 2:22 PM IST

Kotak Mahindra Bank cuts 10% pay for all staff earning above Rs 25 lakh. (PTI Photo)

Kotak Mahindra Bank announces 10% pay cut for staff earning above Rs...

The move comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21

7 May 2020 1:43 PM IST

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Date for filing GST return extended to September 30

A notification has been issued to extend the time limit for furnishing of annual (goods and services tax) return

7 May 2020 1:18 PM IST

EPFO allows employers to register digital signatures through e-mail. (Photo- Twitter)

EPFO alert! Employers to register digital signatures online through...

Employers are not able to function normally and are facing problems in using their digital signatures or Aadhaar-based...

7 May 2020 1:15 PM IST