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Gold Gains on Bleak US Data, But En Route for 2% Weekly Fall

Millions more Americans filed claims for unemployment benefits last week, lifting the number of applications to 30.3 million since March 21, data showed.




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Amazon Sees Possible Second-quarter Loss as it Forecasts $4 Billion in Covid-19-Related Costs

The coronavirus has infected workers at dozens of locations, igniting small protests and prompting labour organisers to demand site closures




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Elon Musk Wipes Nearly $15 Billion Off Tesla’s Valuation With His 'Price Too High' Tweet

The tweets recall Musk's controversial tweets in August 2018 when he said he had "funding secured" for a quickly-aborted campaign to take the electric car maker private.




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Tata Steel Announces Plans Aimed at Creating World's First Zero Carbon Industrial Cluster in UK

Phase one of the Tata Steel's European business project will create a plan for a series of local zero-carbon areas, create skilled jobs and enhance well-being across South Wales.




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PM Meets FM, Home Minister to Discuss 2nd Economic Stimulus Package for Affected Sectors

PM Narendra Modi, who held discussions with Amit Shah and Nirmala Sitharaman, on Friday held meetings with different ministries including civil aviation, labour and power.




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Yes Bank Appoints Neeraj Dhawan as Chief Risk Officer for Three Years

Dhawan will assume charge from Saturday in place of Ashish Agarwal, the current chief risk officer, who will transition to a new role in the bank.




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In Meeting with Bank Chiefs, RBI Governor Reviews Execution of Measures to Reduce Financial Stress

In his opening remarks, the governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period.




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PM Modi Holds Meetings to Firm Up Second Stimulus for Reviving Lockdown-hit Economy

The prime minister also had discussions with key economic ministries such as Agriculture and Farmers' Welfare, and MSME to discuss various issues.




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Foreign Investors Keen To De-risk China Businesses, India Should Seize Opportunity: BJP Leader

Asked about the reluctance of lenders to extend advances to small and medium enterprises, Panda said banks are "afraid" of increasing their lending to businesses despite several policy rate cuts by the Reserve Bank of India.




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Crane Owners Seek Liquidity Support Under MSME Package Amid Covid-19 Lockdown

Since the first lockdown extension, Crane Owners Association of India, which has over 150 members, have written twice to MSME Minister Nitin Gadkari and once to Finance Minister Nirmala Sitharaman, seeking their help.




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Reliance Jio-Silver Lake Deal: Here's All You Need to Know

This is the first sizable investment by SLP in India and reaffirms Jio’s technological capabilities and the potential of the business model, even in this Covid-19 world and beyond.




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Rupee Plunges 71 Paise to 75.80 against US Dollar in Early Trade

The rupee opened weak at 75.70 at the interbank forex market and then fell further to 75.80, down 71 paise over its last close.




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Remdesivir Expected to be Available for Covid-19 Patients from Next Week: Top Company Official

Remdesivir is authorised for the treatment of hospitalised patients with severe Covid-19 disease though the optimal duration of treatment is still being studied in ongoing clinical trials.




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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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Bharat Petroleum Seeks LNG Cargo for May 25 Delivery, Says Report

Bharat Petroleum was seeking to buy a May 25 delivery cargo two weeks ago, but the tender was not awarded then, market sources said previously.




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RBI Governor Meets NBFCs and MFs Sector, Reviews Liquidity Situation

Sectoral meetings, held separately in two sessions through video conference, were also attended by Deputy Governors and other senior officers of RBI.




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Rupee Rises 15 Paise to 75.58 Against US Dollar in Early Trade Amid Covid-19 Concerns

Forex traders said a positive start of domestic stocks supported the local unit, while sustained foreign fund outflows and concerns over coronavirus outbreak weighed on the local unit.




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Tata Steel Leaves Indian Steel Association; TV Narendran Steps Down as President

An ISA official also confirmed Narendran's resignation but said the reason for his sudden resignation is not known yet.




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Rupee Slips 18 Paise to 75.81 Against US Dollar in Early Trade

Forex traders said the weakness in the rupee was largely due to the strengthening US dollar. Besides, rising coronavirus cases in the country also weighed on the local unit.




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MSMEs Need Govt Push to Benefit from Comparative Advantage over China-made Consumer Goods: Report

It further said that although 2020 is a lost year, in terms of trade, India can think long-term and build relations so that it can occupy the space vacated by China.




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Steel Giant ArcelorMittal Reports Net Loss of $1.1 Billion in First Quarter Amid Coronavirus

The company also had to reduce production due to reduced demand.




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CAIT Flags Traders' Inability to Pay Full Salary for April, Seeks Goyal's Intervention

The Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking his intervention in the matter.




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Cognizant Q1 Net Falls 16.7% to $367 Million; Sees Challenging Demand Environment in 2020

Cognizant follows January-December as financial year. Its net profit was at USD 441 million in the March 2019 quarter.




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Rupee Rises 45 Paise to 75.27 Against US Dollar in Early Trade Amid Covid-19 Concerns

Forex traders said a positive start of domestic stocks and significant foreign fund inflows supported the local unit.




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India May See 0% GDP Growth This Fiscal Year, Says Moody's

The ratings agency said it expected India to see no growth in financial year 2021 and bounce back to a 6.6% GDP growth in FY22.




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Here's All You Need to Know About Sovereign Gold Bond Scheme Opening on Monday

While the first instalment of the SGB 2020-21 series was open for subscription from April 20 to 24, the current issue will be open from May 11 to May 15.




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Ex-RBI Governor Rangarajan Heads Committee to Look at Tamil Nadu's Post-virus Fiscal Challenges

According to the Tamil Nadu government, the committee comprises economists, industrialists, vice chancellors, bankers, government officials and others.




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Chris Froome Fears Tour de France May Struggle to Keep Fans Away

Tour de France is rescheduled for August 29 without spectators but Chris Froome feels it may be hard to contain the fans.




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Stage Set for Online Nations Cup Chess Tournament; Viswanathan Anand to Lead 5th Seeded India

India will be represented by Viswanathan Anand, Vidit Gujrathi, P. Hari Krishna and Koneru Humpy at the online Nations Cup.




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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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'I See 2020 as Practically Lost' For Tennis: Rafael Nadal

Rafael Nadal believes the chances of tennis restarting before the end of this year are slim.




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Using Ropes and Tires, Been More Than a Month Since Proper Training: Satish Kumar

For Satish Kumar the euphoria that came with sealing qualification for the Tokyo Olympics was quickly balanced off by the news that it been postponed due to coronavirus




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Need to be Sensitive While Coaching Young Female Sportspersons: Sania Mirza

Sania Mirza said that coaches need to be sensitive of the hormonal changes that girls go through while working with them.




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US Open Winner Bianca Andreescu Stays Focused on Becoming World No. 1

Bianca Andreescu's bid to return to competitive tennis suffered a further jolt when the season was halted in March due to the novel coronavirus pandemic.




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NFL Great Brett Favre to Repay $1.1 Million Paid for Speeches Never Made

The spending by the Mississippi Department of Human Services showed Brett Favre had been paid $1.1 million for three speaking engagements, none of which he participated in.




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SAI Makes Services, Excluding Food, Inside its Stadiums Free for IOA and NSFs

SAI has made electricity, water, housekeeping, hostel free for IOA and NSFs and the organisers will now have to make only food and beverages arrangement for an event.




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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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NFL great Brett Favre Denies He Was Paid for No-show Speeches

Brett Favre said he never 'no-showed' anyone for advertisements, speaking engagements of anything like that.




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Ultimate Fighting Championship Returns After Seven-week Sporting Shutdown

UFC chief Dana White touts the return of the mixed martial arts as a step toward normalcy and a boon for sport-starved fans.




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Novak Djokovic Will Need to Get Vaccinated for Covid-19 if Required by Tour: Rafael Nadal

Rafael Nadal said all tennis players will have to comply if officials require 'vaccination to travel' and to 'protect' everyone on the tour.




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Negative Thoughts Do Come Sometimes, Keeping Up Training: Sakshi Malik

Sakshi Malik hasn't yet managed to book her spot at the Tokyo Olympics though she says she is training hard.




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Valsad inches closer to being Covid-free




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Gujarat: Bharuch cleans its Covid-19 slate, last three patients discharged

The last three Covid-19 patients were discharged from hospital in Bharuch on Thursday. These patients were got discharged from the Jayaben Modi Covid-19 hospital in Ankleshwar, after their two test reports came negative.




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Councillor’s brother seen demanding ‘cash for tickets’




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Ananya Panday Says Working with Deepika Padukone 'Feels Like Being with a Friend'

Ananya Panday, who will be seen with Deepika Padukone in Shakun Batra's film, talks about how she felt working with her Bollywood senior.




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Ileana D’Cruz Shares Stunning Selfie on Instagram, See Here

Recently, actress Ileana D'Cruz shared a beautiful selfie on Instagram. Through the snap, the Barrfi actor revealed how she looks at the jeans she used to fit into.




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Anupam Kher Grows a Beard After 37 Years, See Pic

Amid the lockdown, veteran actor Anupam Kher has decided not to shave and let his beard grow.




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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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Priyanka Chopra's Cousin Meera's Father Robbed at Knifepoint

Priyanka Chopra's cousin Meera Chopra's father was robbed at knifepoint in Police Colony in New Delhi.




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Anup Jalota Refutes Wedding Rumours with Jasleen Matharu, Says Looking for Groom for Her

Recently, when pictures of Jasleena Matharu sporting vermillion and dressed as a new bride surfaced on the Internet, netizens started speculating if she tied the knot with Anup Jalota.