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UK engine-maker Rolls-Royce says to axe 9,000 jobs. (AFP Photo)

Rolls-Royce to axe 9,000 jobs

Airlines and their supplies have been among the hardest hit businesses by lockdowns to contain the pandemic

20 May 2020 4:04 PM IST

Ola to layoff 1,400 staff as COVID-19 pandemic hits revenues. (PTI Photo)

Ola decides to downsize and -"let go-" of 1,400 employees

Revenues declined by 95 per cent in the last two months due to coronavirus pandemic

20 May 2020 2:25 PM IST

World Bank says covid19 to push 60 million into poverty; 160 billion assistance to 100 countries . (AFP Photo)

World Bank estimates 60 million people may fall into extreme poverty...

The World Bank announced emergency operations worth USD 160 billion in 100 developing countries to fight the deadly...

20 May 2020 1:33 PM IST

Maharashtra government divides state into red and non-red zones. (PTI Photo)

Maharashtra government divides state into red and non-red zones

Despite persistent efforts by the state to reduce the total number of restricted areas, there is no decline in the red...

20 May 2020 10:27 AM IST

Oil prices ease on dim economic outlook despite signs of firmer demand. (AFP Photo)

Oil prices slip on dim economic outlook, despite improved demand

A bleak economic outlook from the U.S. Federal Reserve put downward pressure on oil prices

20 May 2020 9:16 AM IST

Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon. (DC Photo)

Fiat India Automobiles, Tata Motors JV plant resumes operations at...

The company implemented layers of protection, including cleaning, disinfecting and social distancing

19 May 2020 3:34 PM IST

Govt implements cut in employees provident fund contribution to 10% for May, Jun, July. (PTI Photo)

EPFO alert! Government implements cut in EPF contribution to 10% for...

Reduction in EPF contributions shall be applicable "in respect of wages payable by it for the months of May, June and...

19 May 2020 3:19 PM IST

Swiggy to lay off 1,100 employees as covid19 hits online food orders. (PTI Photo)

Swiggy to lay off 1,100 employees as covid19 hits online food orders

Swiggy is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic

18 May 2020 4:00 PM IST

RBI may extend moratorium on repayment of loans for three more months. (PTI Photo)

RBI may extend moratorium on repayment of loans for three more months,...

In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May,...

18 May 2020 2:46 PM IST

Asian shares make cautious gains; oil, gold prices hit record levels as more countries reopen their economies. (AP Photo)

Asian shares make cautious gains; oil and gold jump

Oil prices reached their highest since March as demand picked up as countries around the world eased travel restrictions

18 May 2020 9:16 AM IST

Union Finance Minister Nirmala Sitharaman. (ANI Photo)

FM Nirmala announces additional 40k crore under MGNREGS to boost...

Top-100 universities will be permitted to automatically start online courses by May 30, 2020

17 May 2020 12:26 PM IST

Union Finance Minister Nirmala Sitharama. (PTI Photo)

Sitharaman to announce fifth and final tranche of economic package at...

Finance Minister on Saturday said the government will introduce competition, transparency and private sector...

17 May 2020 9:45 AM IST