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India gold prices hit all-time high, dampens retail demand. (AFP Photo)

Gold prices hit record high, crosses Rs 50,000-mark for first time

Silver was also in huge demand as its prices zoomed Rs 2,550 to Rs 60,400 per kg

22 July 2020 12:53 PM IST

India in May suspended 39 oil import licences to slow duty-free shipments from neighbouring nations, disrupting refiners in Nepal. (AFP Photo)

Nepal's refiners struggle as India stops refined palm oil imports

Palm oil stockpiles in Nepal have swelled to 70,000 tonnes, overwhelming local demand needs, said Sarda

22 July 2020 11:42 AM IST

Rana Kapoor, the founder of Yes Bank, sought bail on the ground that the investigation in the case was completed as chargesheet has been filed. (PTI Photo)

Yes Bank case: PMLA court refuses bail to Rana Kapoor

Kapoor had sought bail on the ground that the investigation in the case was completed as chargesheet has been filed

22 July 2020 10:54 AM IST

The Coca-Cola Company on Tuesday reported a 16 per cent decline in its unit case volume for the second quarter. (AP Photo)

India lockdown dents CocaCola sales in June quarter

Unit case volume declined 36 per cent driven by India and South Africa due to the impact of the coronavirus, said...

22 July 2020 9:03 AM IST

Oil prices fell on Wednesday as industry data showed a bigger- than-expected inventory build in the United States where coronavirus cases continue to climb. (AFP Photo)

Oil prices fall on US inventory build, increasing pandemic fears

Industry group American Petroleum Institute reported U.S. crude inventories rose last week by 7.5 million barrels

22 July 2020 8:44 AM IST

Hindustan Unilever Limited or HUL is a fast moving consumer goods company.

FMCG giant Hindustan Unilever registers 5.7 per cent growth in...

The company had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal.

21 July 2020 7:17 PM IST

Glenmark Pharmaceuticals Ltd defended the pricing of its generic version of favipiravir, FabiFlu. (Representational Image)

FabiFlu more economical, effective treatment option for COVID-19:...

Glenmark also denied making any claims that favipiravir alone is effective in treatment of mild-to-moderate COVID-19...

21 July 2020 3:38 PM IST

Novartis reported Tuesday higher profits in the first half of the year despite the coronavirus pandemic causing swings in sales. (AFP Photo)

Novartis profits rise despite coronavirus sales swings

Sales were mostly affected by lower new patient starts and significant reduction in patient visits to physicians, said...

21 July 2020 1:22 PM IST

India seeks new preferential treatment from US on drugs, other goods. (AFP Photo)

India seeks concession from US for generic drugs export

India accounts for 40% of US generic drug imports, including anti-malarial hydroxychloroquine, touted by Trump in fight...

21 July 2020 11:42 AM IST

Jubilant Generics gets nod to manufacture, market anti-viral drug Remdesivir. (Representational Image)

Jubilant Generics gets DCGI nod to manufacture COVID-19 drug...

On June 21, Hetero and Cipla and on July 2 Mylan were given permission to manufacture and market the drug on the same...

21 July 2020 10:01 AM IST

IndiGo said it will cut 10% of its workforce as it grapples with declining revenues due to the fallout from the COVID-19 pandemic. (PTI Photo)

IndiGo to cut 10% staff, says CEO Ronojoy Dutta

IndiGo, which had 23,531 employees on its rolls as of March 2019, said it was flying only a small percentage of full...

21 July 2020 9:05 AM IST

Oil prices were little changed on Tuesday, trapped in the narrow trading band of the past three weeks as investors gauged hopes for a recovery in oil demand. (AFP Photo)

Oil steady as virus infections rise but hopes for vaccine lends...

In the first big energy deal since COVID-19, Chevron said it would buy oil and gas producer Noble Energy Inc for about...

21 July 2020 9:03 AM IST