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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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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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RBI Cancels Licence of Mumbai-based CKP Co-operative Bank; Depositors to Get Up to Rs 5 Lakh

The RBI said the bank is not in a position to pay its current or future depositors and has violated regulatory norms for minimum capital requirement.




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CII For Greater Industrial Activities in Districts With High Economic Performance

The government has permitted industrial estates, SEZ and industrial townships with restricted entry within urban areas of 'red zones' to commence operations.




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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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IRDAI Sets up Panel to Draft Standard Professional Indemnity Policy for Insurance Intermediaries

Professional indemnity policy offers protection to professionals against potential claims for injury or loss resulting from their advice action for failure to fulfil their duties.




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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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US Financial Body Gives $15 Mn Loan to Indian Start-up to Expand Access to Quality Education

An American financial organisation has agreed to sanction USD 15 million loan to an Indian education start-up to expand the access to quality education by providing critical financing to schools that serve low-income students in India.




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Sensex Gives up Early Gains to End 262 Points Lower; Financial Stocks Tank

Slumping over 810 points from the day's high, the 30-share BSE index settled 261.84 points or 0.83 per cent lower at 31,453.51.




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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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GSTN Develops Functionality for Transfer of Amount Available in Electronic Cash Ledger

Form GST PMT-09 provides flexibility to taxpayers to make multiple transfers from more than one head (major or minor) to another head (major or minor) and helps with the intra-head or inter-head transfer of amount available in electronic cash ledger.




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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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Oil Prices Fall as Rising US Inventories Reassert Supply Concerns

US West Texas Intermediate (WTI) crude futures fell as much as 2.1 per cent to $24.05 a barrel and were down 14 cents at $24.41 a barrel at 0201 GMT. WTI has snapped a five-day winning streak.




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Sensex Drops Over 200 Points in Early Trade, Nifty Below 9,200 Amid Covid-19 Concerns

ITC was the top loser in the Sensex pack, tanking nearly 6 per cent, followed by Axis Bank, Titan, Bajaj Auto, Maruti, M&M, L&T and IndusInd Bank.




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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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Gilead Sciences Scouting For Partners in India, Pakistan for Remdesivir

Remdesivir is an investigational antiviral drug that may be found effective against the virus that causes Covid-19




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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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Govt Working on Financial Package for all Sectors of Economy, Says Official

Participating in the same meeting, Union Minister for MSME and Road Transport and Highways Nitin Gadkari also said "a package is going to be declared".




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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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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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Reliance Jio Sells 2.3% Stake to US Tech Fund Vista Equity Partners for Rs 11,367 Crore

This is the third high profile-investment in Reliance Jio in as many weeks.




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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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Sensex Ends 199 Points Higher; Reliance Industries Rallies over 3 Percent

After rallying 645.13 points during the day, the 30-share index surrendered most gains to settle 199.32 points or 0.63 per cent higher at 31,642.70.




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Coronavirus Lockdown: PSBs Have Sanctioned Loans Worth Rs 42,000 Crore To MSMEs, Corporates So Far

Many MSMEs and corporates have also availed the three-month moratorium offered by banks as per the Reserve Bank of India




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Covid-19 Impact: Govt Hikes Market Borrowing Limit To Rs 12 Lakh Crore For Financial Year 20-21

Finance Minister Nirmala Sitharaman in her Budget for 2020-21 had pegged gross borrowing in the new financial year at Rs 7.8 lakh crore, higher than Rs 7.1 lakh crore estimated for 2019-20.




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Saudi, US Firms Eye Stakes in Reliance's Jio, Deals Could Get Completed This Month: Report

The deal could be completed as soon as this month, though no agreement has been finalised and plans may change.




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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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Coronavirus Forces Cancellation of Japan Sumo Tournament

The next sumo 'basho' or tournament had been scheduled to begin on May 24, after organisers delayed the event by two weeks over the pandemic.




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'My Mother is Still Complaining' Leander Paes Reveals Outcome of #FryingPanChallenge

Leander Paes revealed that his mother was not to happy with his viral challenge that took social media by storm.




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Tennis Plans Coronavirus-related Financial Fund: 800 Players, $6 Million

Money though the Player Relief Programme, run by ATP, WTA, Grand Slam organisers and ITF, will be divided equally among men and women.




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French Tennis Hopes to Resume Training on Monday

FFT president Bernard Giudicelli said the protocol proposed was "favorably received by the sports ministry" and could lead to the resumption of training and other amateur activities.




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French Open in Talks with Governing Bodies Amid Rescheduling Reports

French tennis federation's decision to postpone the French Open to late September amid the Covid-19 crisis was widely criticised because the new dates clashed with the hardcourt season.




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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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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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Australian Open Organisers Admit Cancellation of Grand Slam in January Possible Due to Covid-19

Tennis Australia spoke about the uncertainty around restrictions around coronavirus and said they will have to plan for all possible scenarios.




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'Heartbreaking, Disturbing, Painful': Sports Fraternity Offers Condolences After Vizag Gas Leak Tragedy

Sportspersons took to social media to offer condolences to the families of those affected in the Vizag gas leak tragedy and prayed for the recovery of those in the hospitals.




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French Open Organisers To Refund All Tickets After Coronavirus Forces Postponement

French Tennis Federation announced that all ticket holders for the French Open will be refunded.




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Trains for migrants cancelled after Odisha high court order




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Valsad inches closer to being Covid-free




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Surat: 41 migrants arrested for violence in Pali

The uncertainties over their return to native states has left the temper of migrants frayed.




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Councillor’s brother seen demanding ‘cash for tickets’




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When Ranbir Kapoor Said He is 'Katrina Kaif Encyclopedia', Elon Musk's Girlfriend Gives Birth

A video of Ranbir Kapoor talking about Katrina Kaif has surfaced, Elon Musk's girlfriend, singer Grimes, has given birth to their first child together. More details in today's entertainment recap.




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#BoysLockerRoom Controversy Leaves Bollywood Shocked and Concerned

Bollywood expressed shock and concern over the mindset of certain teenage boys in Delhi after the Boys Locker Room controversy exploded.




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Wasn't Getting Good Roles In Film, TV Was More Financially Secured, Says Actor Aasif Sheikh

Actor Aasif Sheikh, who has become a household name for his role in Babhi Ji Ghar Pe Hain, talked about what made him quit films and return to television.




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Paatal Lok Shows a Society Intertwined in Heinous Web of Lies, Crime and Violence

The show promises to take us into a terrifying world divided along class lines, literally and figuratively.




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Courteney Cox Recalls Shooting Rachel's Birth Sequence in Friends After Multiple Miscarriages

In an earlier interview, Courtney Cox opened up about going through a rough time in her personal life after she had multiple miscarriages.




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Dance Deewane Kickstarts Season 3 With Online Auditions

Madhuri Dixit, who is among the judges of the show, recently recorded a special promo asking contestants to upload their dancing videos.




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Chris Hemsworth Addresses Filming Non-stop Action Sequences In Extraction

Chris Hemsworth, who played the Australian mercenary Tyler Rake in Sam Hargrave's Extraction said that single-take non-stop action sequences help retain physical momentum.




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Mohsin Khan Shares Throwback Dance Video with Shivangi Joshi on Instagram

Yeh Rishta Kya Kehlata Hai star Mohsin Khan created a frenzy on the internet when he shared a BTS video from his dance rehearsal with co-star Shivangi Joshi.




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Divyanka Tripathi Falls In Love With Vivek Dahiya Once Again For His Culinary Skills

Divyanka Tripathi shared a video, in which her husband Vivek Dahiya can be seen preparing red sauce pasta for the actress.