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New Zealand prime minister Jacinda Ardern, right, walks with deputy prime minister Winston Peters to the house for the budget delivery speech at Parliament in Wellington. (AP)

New Zealand plans spending spree to counter virus job losses

New Zealand finance minister unveils new budget on the same day the nation lifted most of its lockdown restrictions

14 May 2020 11:00 AM IST

Guests dine in-house at a restaurant in Phoenix. Arizona Gov. Doug Ducey has allowed the reopening of restaurants in-house dining, gyms, spas and community swimming pools since Monday. (AP)

Experts warn virus spikes could emerge even weeks after US reopening

The tension in balancing people's safety against severe economic fallout is playing out across the world

14 May 2020 9:05 AM IST

US president Donald Trump. (AFP)

Trump presses for schools to reopen despite Fauci's warnings

Trump, speaking to reporters at the White House, said he found Fauci's latest call for a highly cautious reopening "not...

14 May 2020 8:56 AM IST

Kotak Mahindra Bank reports 4% decline in Q4 net profit to Rs 1,952 crore. (PTI Photo)

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related...

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same...

13 May 2020 3:33 PM IST

The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India. (PTI Photo)

BRICS' new development bank provides $1 billion loan to India to fight...

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

13 May 2020 1:30 PM IST

Auto component industry likely to witness double-digit degrowth in FY21. (PTI Photo)

Auto component industry likely to witness double-digit degrowth in...

India exports around 12 percent of the total auto components to economies with reliance on crude oil such as Africa and...

13 May 2020 1:24 PM IST

Walking an average of 80 km a day, they had covered a distance of 320 km and reached Bhadrachalam in 40-degree Celsius heat on Tuesday, when all of a sudden the young man collapsed.

The killing roads: Four days of walking in 40-degree heat claims life...

When the special trains were announced it seemed like a ray of hope. But his village was nowhere near the train routes...

13 May 2020 12:45 PM IST

COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar. (PTI Photo)

Covid19 hits hotel and hospitality sector; Delhi, Bengaluru worst-hit

The occupancy level fell most in Delhi at 16.9 percentage points during January-March 2020

13 May 2020 11:59 AM IST

A medical staff member prepares to collect samples from a woman at a COVID-19 testing centre set up in the European Parliament in Strasbourg, eastern France. (AFP)

French coronavirus death toll overtakes Spain's

France now stands as world's fourth-highest number of fatalities after the United States, Britain and Italy

13 May 2020 11:33 AM IST

Sensex zooms over 1,400 pts on PM Modis Rs 20 lakh cr economic booster. (PTI Photo)

Sensex zooms over 1,400 pts on PM Modi's Rs 20 lakh crore economic...

ICICI Bank was the top gainer in the Sensex pack, surging around 7 per cent

13 May 2020 11:07 AM IST

Visa, OCI card suspension prevents several Indians in US from flying back home. (PTI Photo)

Indian nationals stuck in US after H-1B visa cards suspended

Last month, H-1B visa holders launched a petition urging President Trump to extend their permissible stay from 60 to 180...

12 May 2020 1:23 PM IST

Mickey and Minnie Mouse take the stage in a reopening ceremony for Disneyland in Shanghai as the theme park reopened. (AP)

Shanghai Disneyland reopens with anti-virus controls

China has allowed shops and offices to reopen but is keeping cinemas, bars, karaoke parlors and other businesses closed

11 May 2020 1:45 PM IST