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SBI chairman Rajnish Kumar assured shareholders that the likely job cuts and salary reductions in the wake of COVID-19 pandemic. (PTI Photo)

Job cuts, salary reductions to have 'relatively low level' of stress...

As of now, only 21.8 per cent of the customers have availed the benefit of moratorium

22 Jun 2020 9:18 AM IST

Oil prices nudged higher on Monday on tighter supplies from major producers. (AFP Photo)

Oil prices higher on tighter supply, but demand concerns resurface

Oil prices have also been supported by a recovery in fuel demand globally following a collapse in April-May during...

22 Jun 2020 8:58 AM IST

Artisans and weavers who were part of Amazons Karigar program witnessed a 2.5X growth on Amazon after the event, while women entrepreneurs selling as part of Amazon Saheli program witnessed a growth of 1.7X, Amazon said.

Amazon's Small Business Day on June 27 promises to be a karigari treat

Themed stores like India Bazaar', Budget Buys' and Bestsellers' from micro, small and medium enterprises will be...

21 Jun 2020 10:24 PM IST

Amazon and BigBasket have got approval to deliver liquor in West Bengal.

Coy Grofers won't touch liquor, while BigBasket, Amazon, Swiggy and...

We serve families mostly, so not looking to get into this, Grofers co-founder and CEO Albinder Dhindsa said.

21 Jun 2020 8:19 PM IST

Drug firm Hetero on Sunday said it has received approval from regulator DCGI to launch investigational antiviral drug Remdesivir. (AFP Photo)

Hetero gets DCGI nod to launch Remdesivir for COVID-19 treatment

The drug will be available in 100 mg vial which will be administered intravenously in a hospital under healthcare...

21 Jun 2020 2:45 PM IST

Experts trying to cap gas-bearing well no-9 at Oil and Natural Gas Commissions Konaban site in Tripura. Oil and Natural Gas Corp (ONGC) has warned that the COVID-19 pandemic will impact the speed of execution of its projects. (PTI Photo)

ONGC may rationalise capex after COVID-19 impacts project execution

About 9 percent of the company's natural gas output was impacted by inability of customers to take supplies due to...

21 Jun 2020 12:37 PM IST

Diesel price on Sunday hit a fresh record high after rates were hiked by 60 paise per litre while petrol price was up 35 paise. (PTI Phoá¹o)

Fuel rates hiked for 15th day; Diesel price hits record high, petrol...

Out of the total tax incidence of Rs 49.43 per litre, Rs 31.83 is by way of central excise and Rs 17.60 is VAT

21 Jun 2020 11:45 AM IST

government has extended the Rs 50 lakh insurance scheme for about 22 lakh healthcare providers. (PTI Photo)

Government Rs 50 lakh Covid cover for healthworkers extended till...

The scheme implemented by New India Assurance was to end on June 30 as part of Rs 1.70 lakh Pradhan Mantri Garib Kalyan...

21 Jun 2020 9:56 AM IST

Amazon.com Inc has secured clearance to deliver alcohol in West Bengal. (AFP Photo)

Amazon gets nod for liquor delivery in West Bengal

Alibaba-backed Indian grocery venture BigBasket has also won approval to deliver alcohol in the state, the notice said

21 Jun 2020 9:12 AM IST

Crude oil imports fell to 14.61 million tonnes. (AP Photo)

India's May crude oil imports post biggest decline since at least 2005

Oil products imports eased 0.8% to 3.57 million tonnes year-on-year, while exports rose by 5.9% to 5.75 million tonnes

21 Jun 2020 9:10 AM IST

ICICI Bank offloads 3.96% equity in ICICI Lombard General Insurance. (PTI Photo)

ICICI Bank sells 3.96% stake in ICICI Lombard for Rs 2250 crore

Following this, the bank's shareholding in ICICI Lombard General Insurance stands at 51.9%, it said in regulatory...

19 Jun 2020 3:52 PM IST

Indias electricity generation during the first half of June fell at a slightly faster rate than in May. (AFP Photo)

Electricity output falls sharply in first half of June

Power generation fell 14.5% in the first 15 days of June compared with a 14.3% fall in May

19 Jun 2020 2:57 PM IST