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Oil prices creep up on demand recovery, tempered by virus outbreaks. (AFP Photo)

Oil prices rise on demand recovery, despite surge in virus cases

The prospect of increased US crude production also kept a lid on gains on Friday

26 Jun 2020 9:25 AM IST

Unilevers Fair & Lovely to get makeover after backlash. (Photo- Twitter)

Fair & Lovely to lose 'Fair' from name, says Unilever

Several users on Twitter applauded the move, though some said it was too little, too late

26 Jun 2020 9:07 AM IST

Indias customs officials at Chennai, one of Indias biggest ports, have held shipments originating from China for extra checks. (PTI Photo)

Boycott of Chinese products may not be feasible: FIEO

After a border clash with China in which 20 Indian soldiers were killed, there are growing calls in India to shun...

25 Jun 2020 1:40 PM IST

US court has upheld a verdict that talcum powder sold by Johnson & Johnson caused ovarian cancer and ordered the pharmaceutical giant to pay $2.1 billion in damages. (Photo- Twitter)

Johnson & Johnson ordered to pay $2.1 billion over cancer-causing talc...

Johnson & Johnson faced thousands of lawsuits across US alleging it failed to warn consumers of the risk of cancer from...

25 Jun 2020 1:15 PM IST

International Air Transport Association (IATA) has urged governments to avoid quarantine measures when re-opening their economies. (ANI Photo)

IATA suggests alternative to traveller quarantines

Quarantine measures may play a role in keeping people safe but they will also keep many unemployed, said IATA's Director...

25 Jun 2020 12:35 PM IST

GDP to contract by 5.3 pc in FY21 due to Covid-19 woes, says Ind-Ra. (ANI Photo)

India's GDP to contract by 5.3% due to COVID-19 'disorder', says India...

However, the agency believes the GDP growth will bounce back in the range of 5 to 6 per cent in FY22

25 Jun 2020 12:09 PM IST

Competition Commission of India (CCI) on Wednesday approved Facebooks acquisition of a 9.99 per cent stake in Jio Platforms. (PTI Photo)

Facebook-Jio deal gets CCI nod

Facebook purchased 9.99 percent stake in Jio Platforms for Rs 43,574 crore

25 Jun 2020 11:34 AM IST

Diesel price in the national capital crossed the Rs 80 per litre-mark for the first time ever on Thursday. (PTI Photo)

Fuel prices hiked for 19th day, diesel remains higher than petrol in...

In 19 straight days, diesel price has gone up by Rs 10.63 per litre. Petrol price hiked on 18 occasions and now totals...

25 Jun 2020 11:06 AM IST

Wirecards missing $2.1 billion is being investigated by the Philippines. (AFP Photo)

Philippines to investigate Wirecard's missing billions case

Former chief executive Markus Braun, who was arrested in Munich on Monday was released on Tuesday after posting bail of...

25 Jun 2020 9:22 AM IST

Indian Oil Corp Ltd, the countrys top refiner, on Wednesday reported its first quarterly loss in more than four years in the March quarter. (AFP Photo)

Indian Oil reports first quarterly loss in 4 years after surge in...

The fall in global prices impacted the group's financial performance for January-March quarter as the company holds...

25 Jun 2020 8:56 AM IST

RIL has raised USD 22.3 billion capital market through the sale of 24.7 per cent stake in Jio Platforms. (PTI Photo)

After turning debt free, Reliance may break-up with IPOs of Jio,...

RIL has raised USD 22.3 billion capital market through the sale of 24.7 per cent stake in Jio Platforms and USD 7...

24 Jun 2020 3:20 PM IST

Traders body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc. (PTI Photo)

Boycott China products: CAIT writes to Mukesh Ambani, 50 others, says...

The trader's body expressed hope that Ambani would give a clarion call to promote Indian goods

24 Jun 2020 2:18 PM IST