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Coronavirus deals U.S. job losses of 20.5 million. (AFP Photo)

US economy lost a staggering 20.5 million jobs, historic unemployment...

Though millions of Americans continue to file claims for unemployment benefits, April could mark the trough in job...

10 May 2020 9:02 AM IST

After defaulters flee India, SBI complains to CBI. (PTI Photo)

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to...

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and...

10 May 2020 8:44 AM IST

State banks reported 5,743 cases of fraud in the period, most of which had taken place over the last several years.

Three Ram Dev International promoters flee India after cheating 6...

The company had three rice milling plants, besides eight sorting and grading units in Karnal district.

9 May 2020 1:01 PM IST

IndiGo reinstates pay cut for senior employees from May. (PTI Photo)

IndiGo to cut salaries of senior employees from May

IndiGo announced pay cuts for its senior employees on 19 March, it had rolled them back on 23 April in deference to...

8 May 2020 1:29 PM IST

China, US commit to implement trade deal. (AFP Photo)

China, US agree to implement trade deal despite virus row

The countries have also agreed to maintain communication and coordination

8 May 2020 12:36 PM IST

Indias rating outlook reflects rising risk of slower GDP growth, low policy effectiveness. (PTI Photo)

India's rating outlook reflects rising risk of slower GDP growth:...

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain...

8 May 2020 11:55 AM IST

SBI cuts benchmark lending rate by 15 bps; launches spl deposit scheme for senior citizens. (PTI Photo)

SBI cuts lending rate by 15 bps, senior citizens get a special deposit

An additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above"...

7 May 2020 4:04 PM IST

Chinas exports saw a shock 3.5 percent rise in April . (PTI Photo)

China exports see surprise 3.5% jump in April, imports fall 14.2%

Exports of medical instruments and devices rose 11 percent in the first four months from a year ago

7 May 2020 2:22 PM IST

Kotak Mahindra Bank cuts 10% pay for all staff earning above Rs 25 lakh. (PTI Photo)

Kotak Mahindra Bank announces 10% pay cut for staff earning above Rs...

The move comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21

7 May 2020 1:43 PM IST

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Date for filing GST return extended to September 30

A notification has been issued to extend the time limit for furnishing of annual (goods and services tax) return

7 May 2020 1:18 PM IST

EPFO allows employers to register digital signatures through e-mail. (Photo- Twitter)

EPFO alert! Employers to register digital signatures online through...

Employers are not able to function normally and are facing problems in using their digital signatures or Aadhaar-based...

7 May 2020 1:15 PM IST

European Union flags are seen in front of the European Commission building in Brussels. (AFP)

EU to beef up scrutiny of money-laundering risks, adds Panama to...

The listing left out Saudi Arabia which was included in a draft list until it was struck down after pressure from the...

6 May 2020 11:45 AM IST