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India seeks new preferential treatment from US on drugs, other goods. (AFP Photo)

India seeks concession from US for generic drugs export

India accounts for 40% of US generic drug imports, including anti-malarial hydroxychloroquine, touted by Trump in fight...

21 July 2020 11:42 AM IST

Jubilant Generics gets nod to manufacture, market anti-viral drug Remdesivir. (Representational Image)

Jubilant Generics gets DCGI nod to manufacture COVID-19 drug...

On June 21, Hetero and Cipla and on July 2 Mylan were given permission to manufacture and market the drug on the same...

21 July 2020 10:01 AM IST

IndiGo said it will cut 10% of its workforce as it grapples with declining revenues due to the fallout from the COVID-19 pandemic. (PTI Photo)

IndiGo to cut 10% staff, says CEO Ronojoy Dutta

IndiGo, which had 23,531 employees on its rolls as of March 2019, said it was flying only a small percentage of full...

21 July 2020 9:05 AM IST

Oil prices were little changed on Tuesday, trapped in the narrow trading band of the past three weeks as investors gauged hopes for a recovery in oil demand. (AFP Photo)

Oil steady as virus infections rise but hopes for vaccine lends...

In the first big energy deal since COVID-19, Chevron said it would buy oil and gas producer Noble Energy Inc for about...

21 July 2020 9:03 AM IST

Cafe Coffee Day (CCD)has closed down around 280 outlets in the first quarter of the current fiscal year. (AFP Photo)

Cafe Coffee Day closes 280 more outlets in Apr-June quarter

The coffee chain also reported a decline in average sales per day per cafe to Rs 15,445 during the April-June quarter

20 July 2020 3:55 PM IST

Indias drug regulator has sent a notice to Glenmark Pharmaceuticals Ltd on overpricing. (Photo- Glenmark Pharma)

Glenmark shares fall as DGCI sends notice on overpricing of COVID-19...

The cost proposed by Glenmark for FabiFlu is not in the interest of the poor, lower middle class and middle class people...

20 July 2020 3:51 PM IST

Ducati Panigale V2 bookings open in India. ( Photo- ducati.com)

Ducati India open bookings for 2020 Panigale V2 ahead of launch

Unlike the outgoing model, the Panigale V2 features a single-sided X and a moulded around refined monocoque frame, the...

20 July 2020 2:18 PM IST

Representational Image.

AIIMS to start human trials of Covaxin today

The Ethics Committee had raised few concerns in the protocol submitted for carrying out of the trial, according to Dr...

20 July 2020 12:20 PM IST

Bank employee unions presses again for 5-day working week. (PTI Photo)

Bank employee unions demand 5-day working week, says COVID threat is...

The Indian Banks' Association in January rejected the proposal for a five-day working week but offered a 19 percent pay...

20 July 2020 9:57 AM IST

Oil prices dipped on Monday, weighed down by the prospect that a rise in the pace of coronavirus infections could derail a recovery in fuel demand. (AFP Photo)

Oil falls as worsening pandemic threatens recovery

In the US, energy drillers cut the number of oil and natural gas rigs operating to a record for an 11th week in a row

20 July 2020 8:05 AM IST

I-T dept disposes of 7,116 assessments under first phase of faceless scrutiny (Representative Image)

Over 7,000 income tax cases disposed under faceless assessment system

The taxpayers have been advised to check their registered e-filing accounts/e-mail ids for notices or updates

20 July 2020 7:51 AM IST

Indian Oil Corp Ltds 300,000 barrels per day refinery on the countrys east coast to be shut for three weeks for maintenance. (AFP Photo)

Indian Oil's 300,000 bpd east coast refinery to be shut for 3 weeks

As per the company's request, a shutdown order has been issued, Sangram Keshari said, adding refinery was last shutdown...

20 July 2020 7:35 AM IST