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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Sensex drops 50 points, Nifty at 10,786

The gain in banking and auto stocks were capped by losses in the IT, FMCG space. 

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Bajaj auto’s Waluj plant employees face salary cut amid lockdown

Reports say workers at Bajaj Auto's Aurangabad plant are refusing to report to duty as the coronavirus cases have been steadily rising with close to 250 workers having been infected with five…

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Sensex, Nifty on track to finish higher for 5th day

The S&P BSE Sensex hovered around 36,530 levels, up 30 points and the Nifty50 index was trading around 10,750 levels.

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Kanye West's clothing brand, Hollywood production companies on US government's pandemic loan list

Billionaire rapper Kanye West`s clothing brand Yeezy received clearance for a loan of between $2 million.

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Sensex jumps 350 points, Nifty above 10,700 as financials lead

In broader Asia, shares climbed as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery.

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UPI payments in India hit all-time high of 1.34 billion transactions in June

In May, the number of UPI transactions stood at 1.23 billion valued at Rs 2.18 lakh crore

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India needs FDI investments worth Rs 50 to 60 lakh crore: Gadkari

Gadkari said that talks are on with investors from Dubai and the US for various sectors, including MSMEs.

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Amazon founder Jeff Bezos net worth zooms to $171.6 billion amid pandemic; ex-wife Mackenzie becomes second richest woman

Bezos's fortune has grown a whopping $56.7 billion in six months partly due to consumer shift towards purchasing products through Amazon amid the coronavirus pandemic

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Tesla dethrones Toyota to become world's richest automaker

With the latest surge, Tesla's worth has tripled the other US automaker giants General Motors (GM) and Ford Motor

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With India's TikTok ban, Chinese parent company ByteDance could lose up to $6 billion

On it’s official Twitter handle The Global Times posted that the loss of Chinese internet company ByteDance – the mother company of Tik Tok — could be as high as $6 billion.

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