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Coronavirus crisis continues to batter the U.S. labor market, with millions more Americans expected to have filed for unemployment benefits. (AP Photo)

US weekly jobless benefits to stay elevated as coronavirus layoffs...

The economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression of...

14 May 2020 10:08 AM IST

Vijay Mallya asks govt to accept loan repayment offer, close case against him. (AFP Photo)

Accept loan repayment offer, close case against me: Vijay Mallya asks...

While congratulating government over Rs 20 lakh crore package, Mallya lamented that his repeated offers to repay his...

14 May 2020 9:34 AM IST

Kotak Mahindra Bank reports 4% decline in Q4 net profit to Rs 1,952 crore. (PTI Photo)

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related...

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same...

13 May 2020 3:33 PM IST

COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar. (PTI Photo)

Covid19 hits hotel and hospitality sector; Delhi, Bengaluru worst-hit

The occupancy level fell most in Delhi at 16.9 percentage points during January-March 2020

13 May 2020 11:59 AM IST

Sebi lists 8 entities that can undertake e-KYC Aadhaar authentication. (PTI Photo)

Sebi allows e-KYC using Aadhaar for 8 entities

Sebi lists 8 entities that can undertake e-KYC Aadhaar authentication. (PTI Photo)

13 May 2020 9:42 AM IST

Gilead Sciences Inc said on Tuesday it has signed non-exclusive licensing pacts with five generic drugmakers based in India and Pakistan. (Photo- Twitter)

Gilead ties up with 5 generic drugmakers in India, Pakistan for...

The licenses are royalty-free until the World Health Organization declares the end of the public health emergency...

13 May 2020 8:44 AM IST

IPL wipeout may cause India 4k crore losses

IPL, which began in 2008, generates the bulk of BCCI's revenue

12 May 2020 11:50 AM IST

A special court on Sunday rejected the interim bail plea filed by DHFL promoter Kapil Wadhawan and his brother Dheeraj. (Credit: PTI Photo)

Yes Bank case: Wadhawan brothers sent to judicial custody after court...

As the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to...

11 May 2020 11:19 AM IST

Finance Minister Nirmala Sitharaman. (PTI Photo)

FM Nirmala Sitharaman postpones meet with PSB chiefs to later this...

The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on...

11 May 2020 10:44 AM IST

Nirav Modis extradition trial to begin in UK in over $2 bn fraud. (PTI Photo)

PNB scam: Nirav Modi's extradition trial to begin in UK over money...

The five-day hearing starting on Monday relates to the Indian government's extradition request certified by the UK...

11 May 2020 10:04 AM IST

Representative Image. (ANI Photo)

CII seeks Rs 15 lakh crore as immediate stimulus package

CII also called for providing enterprises an immediate support to pay salaries to its workers and avoid any job losses

11 May 2020 9:51 AM IST

Indias fuel demand dipped 45.8% in April. (PTI Photo)

India's fuel demand crashes nearly 50% in April

The country's fuel demand is set to recover with easing restrictions on industrial activity and transport in areas

10 May 2020 3:22 PM IST