- Follow live updates on Coronavirus pandemic
- Maharashtra: State govt puts on hold decision to buy drug from Bangladeshi firm
- Noida hospitals made excuses to not admit pregnant woman: Probe
- WHO says asymptomatic spread of Covid-19 rare, then clarifies
- After its order on beds junked, Delhi projects spike to 5.5 lakh by July
- An Expert Explains: While recovering at home
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- After IITs, NITs cite Covid to seek extension to implement EWS quota
Amid security breach worries, govt floats another tender for online meeting software
Original equipment manufacturer from 100 per cent Indian origin will be given special preference, the I&B Ministry tender said.
Personal loan segment leads contraction in bank credit in first month of lockdown
RBI data shows even priority sector lending of banks witnessed a sharp contraction in credit outstanding.
GST Council meeting: Rate tweaks unlikely; compensation, falling revenues on the agenda
The Council is expected to discuss the option of borrowing from the market to meet the compensation requirements arising out of a shortfall in compensation cess collections.
Different quarantine norms in states hit air travel demand
Some states tightened procedures after at least 30 asymptomatic passengers tested positive after landing in locations across India in the first week since flights resumed.
Health insurance: Non-Covid claims dipped sharply in April-May, but a spike may be on way
A rush of non-Covid claims is anticipated soon from patients who can no longer postpone their treatment, even as the numbers of Covid-19 cases continue to rise.
Fed puts floor under bond buying, sees zero rates through 2022
A related statement from the New York Fed specified that the pace of the increase would be about $80 billion a month for purchases of Treasuries and about $40 billion of mortgage-backed securities.
S&P retains India’s sovereign rating at BBB- with stable outlook
It affirmed India’s long-term rating at ‘BBB-’ with a stable outlook and short term rating at ‘A-3’. S&P also said the economy faces stark challenges in the near-term.
Indian economy to grow at 9.5% in next fiscal, says Fitch Ratings
Fitch Ratings forecast a 5 per cent contraction in the GDP in the ongoing financial year.
HDFC Bank cuts MCLR by 5 bps
HDFC Bank said its overnight MCLR stands reduced to 7.30 per cent, while one-month MCLR is 7.35 per cent.
Oil down as rising US inventories reawaken supply anxiety
Brent crude futures fell 67 cents, or 1.6%, to $40.51 a barrel by 0636 GMT after gaining nearly 1% on Tuesday.
Emirates to lay off more pilots, cabin crew on Wednesday, says report
An Emirates spokeswoman declined to comment beyond the airline's statement on Tuesday that some employees had been laid off.
Coronavirus lockdown: Parle-G helps Parle clock best-ever growth in last four decades
The company has gained a market share of around 5 per cent in the highly competitive biscuit segment, helped by Parle-G biscuits, which was proffered by the people while stocking pantry during the pandemic.
Asian stock rally loses steam as markets wait for Fed
MSCI's broadest index of Asia-Pacific shares outside Japan, which has galloped 9% higher in June and is 35% above March lows, rose 0.5%. Japan's Nikkei rose 0.3%.
Rupee rises 12 paise to 75.49 against US dollar in early trade
The rupee opened strong at 75.49 against the US dollar, up 12 paise over its previous close.
Petrol price hiked by 40 paise per litre, diesel by 45 paise
Petrol price in Delhi was hiked to Rs 73.40 per litre from Rs 73, while diesel rates were increased to Rs 71.62 a litre from Rs 71.17, according to a price notification of state oil marketing companies.
Sensex gains 290 points, Nifty settles above 10,100-mark lead by banks, financial stocks
The S&P BSE Sensex climbed 290.36 points (0.86 per cent) to end at 34,247.05, while the Nifty 50 settled at 10,116.15, up 69.50 points (0.69 per cent).
Libya’s oil company says largest oil field shut down again
The dizzying series of developments in Libya's oil fields come after militias allied with the U.N.-government in the Libyan capital, backed by Turkey, gained the upper hand in the fighting last week.
Irdai withdraws long-term third-party motor insurance for 3, 5 years from Aug 1
According to Irdai, distribution of long-term third party policies is challenging as it is unaffordable for vehicle owners. The possibility of forced selling or being linked to loans was high and that policyholders are saddled with long term product with not flexibility, it said.
Manoj Nambiar: ‘Banks provided moratorium to 50% of MFIs, expect normalcy by Dec’
Lockdown has been challenging for NBFC-MFIs. As per the regulatory mandate, NBFC-MFIs were to offer moratorium to all segments of micro borrowers.
In line for consolidation, strategic sale: Several engineering, metals, chem cos
The government sees privatisation and consolidation of state-owned companies in certain sectors where they are overrepresented as the second “generation reform” that is necessary to give a structural push to growth.
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Jun 10: Latest News
MHADA releases list, 18 cessed buildings dangerous
Gujarat govt’s water plan keeps out SC/STs, displays ‘apathy’, says ministry
High Court pulls up BMC & MHADA for not razing dilapidated building
Rap to India on religious freedom: Visas denied to teams advising US Congress
Endless tragedy: Mother dies of Covid, missing grandma is found dead in Jalgaon hospital toilet
Normalcy challenge: Trains leave cities full, but return with fewer
200 Chennai deaths ‘missing’ from state toll; TN govt probes
Maharashtra: Compensation for homes, food supplies, money to buy clothes
China confirms: Both are taking steps to ease LAC situation
How Gujarat estimated its lion population without holding a census