Signs of normalcy in India's economy but medium-term outlook uncertain: RBI chief

The RBI chief also said the coronavirus pandemic has so far been the "biggest test of robustness and resilience of India's economic and financial system".

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Emirates airline to cut up to 9,000 jobs, say reports

The Middle East's largest carrier, which operates a fleet of 270 wide-bodied aircraft, halted operations in late March as part of global shutdowns to stem the spread of the virus. 

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Elon Musk is now richer than Warren Buffett

The fortune of the chief executive officer of Tesla Inc rose by $6.07 billion on Friday, following a 10.8% jump in the electric carmaker's stock.

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Can Nokia's new CEO Pekka Lundmark beat Huawei, Ericsson in 5G race?

Nokia has faced problems with Alcatel-Lucent since acquiring it for $18 billion in 2016. On paper it was a good deal, in practice, however, it was complicated.

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Economic impact of COVID-19 in India has been substantial: IMF

The IMF said that the near-term growth outlook in India continues to be clouded by the global and domestic slowdown and uncertainties relating to the evolution of the coronavirus pandemic

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Brooks Brothers: Brand that survived world wars lost battle against pandemic

From the food we eat to the cars we drive, everything evolves with time. And those who can't manage the pace of it, either become dated or dead

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Tata Sons in talks to acquire AirAsia's India stake at steep discount

Tata Sons will likely tie up with other financial investors to acquire AirAsia's 49 per cent stake in the venture.

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Yes Bank scam: ED attaches over Rs 2,200 crore assets of Rana Kapoor, others

Kapoor was arrested by the central probe agency in March and he is at present in judicial custody

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Deutsche Bank fined $150 million over links with Jeffrey Epstein

The settlement on Tuesday with the New York State Department of Financial Services (DFS) is the first such action against a financial institution for its relations with Epstein

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Sensex gains 200 points, Nifty tests 10,800

S&P BSE Sensex was up 182 points or 50% at 36,511 points, while the 50-stock Nifty jumped above the 10,750 mark.

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AirAsia's future in doubt due to virus; share price tumbles

The aviation industry is facing its biggest-ever crisis due to the pandemic, with airlines worldwide going out of business or laying off huge numbers of staff to stay afloat. 

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E-commerce companies in India begin work to list 'country of origin' labels on products

The Indian trade ministry’s Department for Promotion of Industry and Internal Trade wanted the 'country of origin' changes to be implemented by end July, however, companies said they would need…

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Italy considering whether to exclude Huawei from its 5G network

Despite pressure from Washington, which says Huawei's equipment could be used to spy on the West, Italy has so far not ruled the Chinese company out its network plans

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Hong Kong retail vacancies seen rising as global brands downsize

Hong Kong's retail sales slumped 32.8% in may from a year earlier, falling for the 16th consecutive month

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Gold steadies near more than 8-year peak as virus cases surge

The U.S. coronavirus outbreak crossed a grim new milestone of more than 3 million infections as more states reported record numbers of new cases.

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