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IMF chief Kristalina Georgieva. (AFP Photo)

Not out of the woods yet: IMF chief warns second wave of virus could...

Activity has started to gradually strengthen, but we are not out of the woods yet, Georgieva said in a message to G20...

16 July 2020 10:46 AM IST

Air India to send certain employees on leave without pay for up to five years. (PTI Photo)

Air India to send staff on leave without pay for upto five years

Air India to send employees on LWP for six months or for a period of two years extendable upto five years

16 July 2020 10:02 AM IST

Representative Image. (AFP)

Oil prices slip after OPEC, allies agree to loosen supply curbs

OPEC+ agreed on Wednesday to scale back oil production cuts from August as the global economy slowly recovers from the...

16 July 2020 8:53 AM IST

European Commission President Ursula von der Leyen. (AFP Photo)

Hoping for 'ambitious' free trade pact with India: EU executive chief

Von der Leyen said India and the EU would also hold a joint climate dialogue on solar and offshore wind resources

16 July 2020 8:50 AM IST

Mukesh Ambani on Wednesday said his groups planned stake sale in oil-to-chemical business to Saudi Aramco. (PTI Photo)

RIL-Aramco deal has not progressed as per timelines, Ambani says...

We value our two-decade relationship with Aramco and are committed to a long-term partnership, Ambani said

15 July 2020 4:40 PM IST

Maruti recalls 1,34,885 units of WagonR, Baleno to fix faulty fuel pumps. (PTI Photo)

Maruti Suzuki recalls 1,34,885 units of WagonR, Baleno to fix faulty...

The company will inspect 56,663 units of WagonR and 78,222 units of Baleno for a possible issue with the fuel pump

15 July 2020 12:48 PM IST

Advances in technology mean drones can be controlled from far away using cameras on board, or even programmed to navigate their own way to targets, and back again.

India set to buy Israeli drones

India had started buying Heron UAVs in 2000 after the recommendations of the Kargil review committee

15 July 2020 12:06 PM IST

Authority for Advance Ruling (AAR) said that a GST of 18 per cent will be levied on all alcohol-based hand sanitisers. (PTI Photo)

Alcohol-based hand sanitisers to attract 18% GST, says AAR

Authority for advance rulin further said although hand sanitisers are essential commodity, GST law has a separate list...

15 July 2020 10:40 AM IST

Indian pharmaceutical company Zydus started human studies for its potential COVID-19 vaccine. (AP Photo)

Zydus begins human trials for potential COVID-19 vaccine

In the human trials, Zydus will enrol over 1,000 subjects across multiple clinical study sites in India

15 July 2020 10:34 AM IST

Former RBI governor Raghuram Rajan. (PTI Photo)

Raghuram Rajan warns against 'unprecedented' rise in NPA levels in...

He said one positive factor for Indian economy is that the agriculture sector is doing well

15 July 2020 7:31 AM IST

Representative Image

Biophore gets DCGI nod to manufacture, export Favipiravir

CEO of Biophore said all starting materials for making favipiravir are either sourced locally or have been developed...

15 July 2020 6:59 AM IST

Indias auto sales volume will take another 3-4 years to reach 2018 levels. (PTI Photo)

India's auto sales volume will take 3-4 years to recover: SIAM

Production has been slow to pick up due to supply chain disruption and weak demand, said Rajan Wadhera, president, SIAM

15 July 2020 6:42 AM IST