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Reliance Jio net profit stood at Rs 891 crore in the corresponding quarter previous year. (PTI Photo)

Reliance Jio's Q1 net profit surges nearly 183% to Rs 2,520 crore

Jio's operating revenue for the Q1 FY21 grew 33.7 per cent year-on-year to Rs 16,557 crore

31 July 2020 8:49 AM IST

US is expected to report a record-breaking economic plunge. (AP Photo)

US expected to report record-breaking economic fall

A huge plunge in consumer spending sent the economy sinking at a roughly 32 per cent annual rate in the April-June...

30 July 2020 4:07 PM IST

IndiGo reported a net loss of Rs 2,844 crore in the quarter ended June. (PTI Photo)

IndiGo revenue dips 92%, reports Q1 net loss of Rs 2,844 crore

Passenger ticket revenues were Rs 585 crore, down 93 per cent and ancillary revenues slipped 81 per cent to Rs 169 crore

30 July 2020 2:56 PM IST

Indias economic outlook has worsened again as business activity slows and COVID-19 infections soar. (PTI Photo)

India's economic recovery at risk as COVID-19 surges, dull outlook...

In the quarter just gone by, the Indian economy is forecast to have shrunk 20.0%, the first double-digit contraction

30 July 2020 1:28 PM IST

The diesel price reduced by Rs 8.36 in Delhi due to the VAT cut. (PTI Photo)

Diesel gets cheaper by Rs 8 in Delhi due to VAT cut

Kejriwal Thursday announced a reduction in the Value Added Tax on diesel from the existing 30 per cent to 16.75 per cent

30 July 2020 12:41 PM IST

Yes Bank takes possession of Anil Ambanis group HQ in Mumbai for failure to repay dues. (PTI Photo)

Yes Bank takes possession of Anil Ambani Group's Mumbai head office

Nearly all the major companies in Anil Dhirubhai Ambani Group were operating out of the Santacruz office called...

30 July 2020 11:53 AM IST

India extends bid submission deadline for stake in Bharat Petroleum to September 30. (Photo- BPCL)

Bharat Petroleum bid submission deadline extended for second time

It was extended in view of further requests from interested bidders and the prevailing situation arising out of...

30 July 2020 9:50 AM IST

Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand. (AFP Photo)

Oil prices slip on demand worries as coronavirus cases rise

The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd...

30 July 2020 8:56 AM IST

Sensex tanks 422 Points, Nifty falls 97 points. (PTI Photo)

Sensex ends 422 points lower, Nifty at 11,200; RIL down 4%

On the other hand, IndusInd Bank, Tata Steel, Sun Pharma, Bajaj Finance, L&T and SBI were among the gainers

29 July 2020 5:06 PM IST

Hetero launches generic Favipiravir in India. (Photo- IndiaMart)

Hetero launches COVID-19 drug Favivir at Rs 59 per tablet

The product is available from July 29 at all retail medical outlets across the country and will be sold only on...

29 July 2020 2:04 PM IST

Moderna Inc is planning to price its coronavirus vaccine at $50 to $60 per course. (Representative Image)

Moderna to price COVID-19 vaccine at $50-$60 per course

Moderna's proposed price would apply to the United States and other high-income countries

29 July 2020 11:18 AM IST

Indian refiners cut runs as fuel demand dips, margins fade. (AFP Photo)

Indian refineries face shutdowns as fuel demand drops

In July, however, local demand growth has slowed because of high fuel prices, renewed lockdown in parts of the country

29 July 2020 10:31 AM IST