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US Retailer J. Crew Files for Bankruptcy: Statement

The brand, whose clothes have been worn by former first lady Michelle Obama, said online sales operations, which account for more than half its revenues, will continue as normal.




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ITC Faces Union Backlash Over Coronavirus Work Warnings to Employees

While ITC had so far not taken any action against workers, the company notices said "absence without leave" would lead to salary cuts and "disciplinary action", without elaborating.




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Global Markets Drop, Spooked by China-US Tensions Over Virus

Benchmarks fell in most countries except for Australia, which was lifted by signs its own virus outbreak is being brought under control.




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Cash Transfers, Food For All: How Govt May Balance Fiscal Concerns with Growing Hunger & Poverty

India has provided a stimulus which doesn’t even equal a percent of the country’s GDP when other countries have already pumped funds far in excess into their respective economies.




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State-owned Bank NPAs May Rise in FY21, Govt's Fiscal Deficit to Widen: Bank Of America

Analysts agree that Covid-19 pandemic will lead to an increase in bank's gross non-performing assets with some reports pegging the stock to double as well.




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Parliament Has Competence to Make Laws Regarding Recovery of Loans for Cooperative Banks: SC

The SC said cooperative banks cannot carry on any activity without compliance of the provisions of the Banking Regulation Act, 1949 and any other legislation applicable to such banks relatable to 'Banking'.




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India's Services Activity Collapses as Coronavirus Paralyses Global Economy: PMI

The grim result for the industry, the engine of economic growth and jobs, underlined the pandemic's sweeping impact across India as authorities extended a nationwide lockdown.




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Sensex Ends 232 Points Higher, Led by Gains in Banking, Finance and Auto Stocks

After swinging over 800 points during the day, the 30-share index closed 232.24 points or 0.74 per cent higher at 31,685.75.




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Kotak Mahindra Bank Declares 10 Per cent Pay Cut for Staff with Over Rs 25 Lakh Annual Salary

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




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SBI Cuts Benchmark Lending Rate by 15 Basic Points, New Special Deposit Scheme For Senior Citizens

Under this new product, an additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above" tenor only.




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Yes Bank Creates Stressed Asset Management Vertical to Resolve NPA Accounts

Yes Bank's board had to be superseded by the RBI and the government earlier this year after alleged mismanagement under its founder CEO Rana Kapoor.




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Government Should Now Let the Economy Function Post-lockdown: Kaushik Basu

The global market is fearing that India would slide into a 'controlled economy', which would be very damaging, Basu added.




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SBI Hikes Home Loan Rates by Up to 30 Basis Points

The lender has also hiked interest rates on personal loans against property by 30 basis points.




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Public Sector Banks Sanctioned Rs 5.66 Lakh Crore Loans during March-April: Nirmala Sitharaman

She further said that state-owned banks implemented the moratorium announced by the RBI on repayment of loans.




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CII Bats for Immediate Stimulus Package of Rs 15 Lakh Crore

Confederation of Indian Industry said a substantive stimulus is required from the government in the form of support to the poor and to the industry.




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Bank Credit Up 6.74% to Rs 102.69 Lakh Crore, Deposits Rise 9.82%: RBI Data

In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore.




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ED Attaches AJL Mumbai Building Asset Worth Rs 16.38 Crore, Charges Moti Lal Vora

The Associated Journals Limited (AJL) is controlled by senior Congress leaders, including members of the Gandhi family.




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ICICI Bank Q4 Net Profit Rises 26 Per Cent to Rs 1,221 Crore

The bank had posted a net profit of Rs 969 crore in the corresponding January-March period of 2018-19.




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Armand Duplantis, Renaud Lavillenie Split Gold in Backyard Pole-vaulting

Armand Duplantis and Renaud Lavillenie shared the honours in the Ultimate Garden Clash.




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Singles Only, Don't Share Tennis Balls, No Handshakes: Austrians Return to Tennis Court

Tennis is one of several social-distancing-compatible sports the Austrian government has allowed to resume as they ease the Covid-19 lockdown.




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Relief for Anirban Lahiri, Gets Exemption For Next Season In PGA Tour

PGA Tour decided to ensure status for all players, exempt in 2019-20, to retain their status for 2020-21, too.




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Badminton Restart 'Difficult to Predict' After Coronavirus Crisis, Says BWF Chief

BWF chief Thomas Lund said the restrictions on international travel due to coronavirus has complicated the picture for badminton to resume.




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Coronavirus Could End Paralympic Dream for British Badminton Player

Mary Wilson, a multiple sclerosis sufferer, hoped to qualify for Tokyo Paralympics but being 56-year-old, she recognises that with Covid-19 roadblock, time may not be on her side.




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Chinese Swimming Star Sun Yang Appeals Against Doping Ban: Report

Sun Yang was found guilty of refusing to give a doping sample and was banned for eight years for the same.




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Egyptian Tennis Player Follows Brother in Receiving Life Ban

Egypt's Youssef Hossam received life ban for match-fixing and his brother has got the same two years ago for corruption.




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No Spitting, No Fans: Baseball Restarts South Korea's Sports Season

South Korea's sporting industry emerged from the coronavirus shutdown with baseball while football and golf will soon follow suit.




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IOA Seeks Feedback From Athletes, Coaches on Resumption of Training

NSFs and State Olympic Associations have been asked to collect feedback from the stakeholders such as athletes, coaches, support staff, central and state government ministries, match officials and sports administrators




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WTA Chief Backs Roger Federer's ATP Merger Suggestion

Both the ATP and WTA Tours have been forced to take cost-cutting measures since the COVID-19 pandemic started




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Tennis Star Dominic Thiem Participates in Global Charity Run

The global charity run also saw over 400 Indians running for the noble cause raising over 1250 Euros.




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'I Think You Were Fanboying': Maria Sharapova Looks Back at First Dinner with Novak Djokovic

Maria Sharapova recalled how Novak Djokovic earned himself a dinner with her by winning a match.




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Taiwan Baseball League Set to Allow Fans Back in Ballparks from Friday

The China Professional Baseball League said up to 1,000 people would be permitted to enter ballparks from Friday.




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NBA Players Can Start Solo Workouts at Team Sites from Friday

Players beginning to train is the first small step on the road to resuming the 2019-20 NBA campaign that was shut down on March 12 due to Covid-19.




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WWE Money in the Bank 2020 Date and Time: When and Where to Watch in India, Match Card

WWE Money in the Bank 2020 will see the corporate ladder match at the rooftop of the Titan Towers, WWE Headquarters.




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Taiwan Baseball Draws Foreign Fans Amid Scarce Live Sports Due to Covid-19 Shutdown

Taiwan's baseball league games are being streamed with English commentary, racking up millions of views for matches featuring cardboard cut-outs of fans and robots beating drums.




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'Indian hero': Moldovan Tennis Player Dmitrii Baskov Feeds Poor in Ahmedabad Amid Covid-19 Lockdown

Dmitrii Baskov had come to India in January to visit a tennis academy and got stuck due to Covid-19 lockdown but is helping feel Ahmedabad's poor.




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Some NBA Clubs Allowed to Test Players for Coronavirus: Report

Testing could allow some teams to feel more secure about safety concerns at facilities and encourage more players to participate.




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Roger Federer, Rafael Nadal or Novak Djokovic: Ivan Lendl Has a Way to Decide 'GOAT' Debate

Ivan Lendl believes whoever ends up winning the most majors among the 'Big Three', should be considered the greatest ever.




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‘Island strategy’ devised for Covid hotspot Limbayat




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Rare albino squirrel spotted in Surat’s Bardoli




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Gujarat: Covid-19 mom goes home with baby

She was yearning to hold her new-born baby boy in her arms, but could not do so as she had tested positive for coronavirus. Finally, Thursday came as a big relief for 26-year-old Rashmi Patel, a staff nurse at a private hospital in Chikhli town, when she snuggled her son and broke into tears of joy.




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Dulquer Salmaan Pens Poetry to Wish ‘Baby Girl’ Maryam on 3rd Birthday

On daughter Maryam's 3rd birthday, actor Dulquer Salmaan took to Instagram to pen a poem for the 'big girl' and asked her to 'slow down' and not grow up too fast.




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Athiya Shetty Posts Throwback Pic From Her Thailand Getaway; Fans Wonder Why She Cropped KL Rahul

Rumours of Athiya and KL Rahul's alleged relationship surfaced last year, after the cricketer posted an adorable birthday wish for her on social media.




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The Big Bang Theory Actress Melissa Rauch Gives Birth to Baby Boy

Melissa and Winston Rauch also share three-year-old daughter, Sadie.




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Reunited With His Favourite Person: Riddhima Posts Throwback Pic Of Rishi Kapoor With Krishna Raj

Rishi Kapoor died in Mumbai on the morning of April 30. Just the night before, Riddhima was granted permission to drive to Mumbai from Delhi. Riddhima is a jewellery designer and lives with her husband and daughter in Delhi.




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Giorgia Andriani Opens up on Marriage Plans with Arbaaz Khan

Giorgia Andriani and Arbaaz Khan have been dating for sometime now and there is a lot of speculation around their marriage.




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Throwback Pic of Pregnant Kareena Kapoor Posing with Ibrahim, Sara Ali Khan is Unmissable

An old pic of Kareena Kapoor is making rounds on the internet where she is seen posing with the sibling duo -- Ibrahim and Sara Ali Khan-- flaunting her baby bump.




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This Throwback Pic of Ranbir Kapoor, Alia Bhatt and Ayan Mukerji is Best Friends Goals

The photo is taken during the filming of Ranbir Kapoor, Alia Bhatt and Ayan Mukerji's big collaboration, Brahmāstra: Part One of Three or Brahmastra.




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Kriti Kharbanda Shares Snippet from Housefull 4 Doing Her Own Stunts with Sword

Bollywood actress Kriti Kharbanda does her own fight sequences in this BTS video from her 2019 movie 'Housefull 4'.




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Amitabh Bachchan Gets Defensive About Shooting KBC Amid Lockdown

Veteran actor Amitabh Bachchan defended himself for shooting for Kaun Banega Crorepati 12 from his home saying that the shoot happened with necessary precautions and without flouting lockdown rules.




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Dabboo Ratnani Shares A Rustic Throwback Picture Of Ranveer Singh

In the picture, actor Ranveer Singh can be seen wearing a black and grey sleeveless T-shirt which has a roaring tiger printed on it.