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I can’t see things getting better anytime soon: Vijender Singh

With restrictions on travelling and no sporting activity allowed, the 34-year-old Haryana boxer is spending time with his family in Delhi.




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Baseline Ventures signs India’s under-19 cricket captain Priyam Garg

The multi-year deal will see Baseline managing all the commercial interests of Garg. Born in Meerut, UP, Garg made his first-class debut against Goa in 2018 where he went on to score an unbeaten 117. He recently led the Under-19 Indian team at the World Cup in South Africa where they finished runners-up.




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Physical education teachers shouldn’t be seen as second class citizens: Margaret Whitehead

During the webinar, titled ‘Physical Literacy: For Nation’s Development’, the panelists discussed a lot of topics related to physical literacy, including its meaning, the challenges it faces, its need of promotion, the lax attitude towards it and its importance in everybody’s life. The panel also discussed the lax attitude towards physical education in India.




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Gold price gains as poor macro data hit risk sentiments

Spot gold markets remained shut due to the lockdown to prevent the spread of coronavirus, according to HDFC Securities.




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Crude oil prices rise on Saudi crude price increase, China export bounce

US West Texas Intermediate (WTI) crude rose $1.78, or 7.4 per cent, to $25.77, on track for its highest close since April 6 and up more than 30 per cent this week.




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Gold eases on firmer equities, focus on US jobs data

The metal gained about 2% on Thursday on the back of bleak US economic data.




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Palm oil rises on lower Indonesian inventories; set to post weekly loss

Palm oil has ended lower for the past three sessions, and has lost 5% so far this week.




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Gold prices ease but still above Rs 46,000

Globally, gold eased on Friday as appetite for riskier assets improved after a string of strong corporate earnings.




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Base metals: Copper, nickel futures climb on fresh bets

Copper prices on Friday traded 0.48 per cent higher at Rs 408.75 per kg in futures market.




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Crude oil futures rise on spot demand

Analysts said raising of bets by participants kept crude prices higher in futures trade here.




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Precious metals: Silver, gold futures rise on spot demand

In the international market, silver was quoting 1.44 per cent higher at $15.82 per ounce in New York.




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Oil set for a second weekly gain on demand hopes, output shut-ins

US West Texas Intermediate (WTI) crude gained 59 cents, or 2.5 per cent, to $24.14 a barrel.




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Oil crash busted broker’s computers and inflicted big losses

What he didn’t know was oil’s first trip into negative pricing had broken Interactive Brokers Group Inc.




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Madras High Court orders for TASMAC shops closure as TN crosses 6,000 Covid-19 positive cases

The High Court passed the interim order on Friday as a result of the blatant violation of the conditions that the court had prescribed under which liquor shops could function. These conditions included adhering to social distancing norms while also deploying additional staff to manage the crowd.




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Varanasi's ghats, Hampi's attractions & Goa's iconic churches: Destinations which are every photographer's paradise

India’s diverse culture is truly a photographer’s delight.




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Up your happiness quotient with these brilliant pics from around the world

On ‘World Happiness Day’, instantly quench your global travel quest.




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Florida by the sea—a spectacular sojourn

Florida packs a lot of heat, and this is not a take on its weather! The beautiful state is home to numerous beaches, and theme parks, and is a place full of...




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Not just a film, 'Chhichhore' became a self-realisation exercise for Nitesh Tiwari & his team of writers

The writers of the film realised that academic failures do not mean it's all over.




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Desi dreams: The rise of Indian internet content creators abroad

Children of Indian immigrants are going against the tide and becoming internet content creators, even if it means giving up stable and well-paying jobs.




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Why do chefs in India continue to serve imitations

Why do chefs in India continue to serve so much pastiche on the plate while pretending it is original work? One reason is that audiences lap it up.




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No correlation seen between Jio investments and chances of Aramco deal: Axis Securities

‘This deal will probably give Jio access to a lot of enterprise software providers’




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States to which migrant labourers are returning must use this to attract investment: Vikram Kirloskar

'Moratorium will probably have to get extended in a lot of cases.'




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Solid digital business model helped post strong Q4 numbers: ICICI Securities

‘We are a cash generating company and virtually carry no leverage’




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Expect RIL to conduct stake sale of up to 20%: Edelweiss Securities

‘The debt will come down even further if fibre InvIT and Aramco sale happens’




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Residential real estate strongly poised for a bounce back: Godrej Properties

‘Industry leaders would benefit from both the demand revival as well as consolidation.’




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Forex reserves touch record high at $453 billion

Reserves rose by $2.34 billion during the week under review.




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RBI allows 24x7 forex mkt ops via select banks

select banks in India can offer forex rates to Indian clients beyond the inter-bank market hours




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Rupee settles nearly flat at 71.24 against US dollar

At the interbank foreign exchange market, the local currency opened at 71.25.




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Rupee opens 7 paise lower at 71.27 against dollar

“Today, USDINR pair is expected to quote in the range of 71.05 and 71.50,” Motilal Oswal Financial Services said.




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Rupee opens 17 paise down at 74.08 against the US dollar

The rupee fell against the US dollar after the Federal Reserve cut interest rates to near zero per cent in an emergency move amid the economic impact of the coronavirus outbreak.




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Rupee opens 20 paise up at 74.78 against dollar

The rupee on Friday surged against the US dollar following some selling in American currency by banks and exporters.




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Forex kitty sees first drop in 6 months to $481.89 billion

The last time forex reserves declined was in the week to September 20, 2019, when it had fallen by $388 million to $428.58 billion.




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Rupee settles 26 paise higher at 75.94 against US dollar

Forex traders said the rupee which started the day on a positive note, witnessed heavy volatility.




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A falling yen may not be the economic cure Japan seeks

The yen, which investors typically snap up as a safe haven in times of financial market stress, fell nearly 10% against the dollar this month, as pandemic fears spurred a stampede into the refuge of the world's most powerful currency.




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Rupee settles 78 paise higher at 75.16 a dollar on stimulus boost

The rupee, which opened on a positive note at 75.90, settled for the day with gains of 78 paise at 75.16 against the American currency.




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Rupee pares initial gains, settles 27 paise higher at 74.89 against US dollar

Forex traders said stimulus measures announced by the RBI and FPIs turning net buyers in capital markets boosted investor sentiment.




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Rupee up 6 paise at 75.53 against the US dollar

Motilal Oswal Financial Services expects the rupee (Spot) to quote in the range of 75.20 and 76.20.




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Rupee cuts losses to end flat at 76.27 as dollar weakens

Forex traders said the rupee is trading in a narrow range as losses in the greenback supported the rupee, while weak domestic equities weighed on the local unit.




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Cain International in pact with Oberoi Group for serviced residences in London

Privately-held real estate investment firm Cain International has signed an agreement with the Oberoi Group for the operation of 23 serviced residences in Mayfair in London.




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Vande Bharat Mission: Authorities seek hotel rooms across the country

Hotels newly earmarked in Delhi include the Taj Palace Hotel, Shangri-La’s Eros Hotel and Le Meridien, according to people aware of the matter.




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JNU releases tentative academic calendar for Monsoon session, set to return to classes by June 25

In case, the examination results are not ready by July 31, students will have the opportunity to provisionally register and move on to the next semester, the VC said. The entire monsoon semester registration process will be completely online making it easy for the students to register even from their homes.




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After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21

The country's largest domestic airlines had on Friday announced pay cut ranging between 5 and 25 per cent.




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Trai set to restart open house discussions via video-conferencing

This will be the first Open House Discussion (OHD) to be conducted by the regulator during the lockdown and also first such discussion to happen through video-conferencing mode.




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Govt panel seeks review of 5G spectrum base price

The task force has also called for a revamp of financing models for infrastructure and backed a return of development financial institutions, such as IDBI and IFCI, albeit with a sectoral focus. It has argued that banks and NBFCs are unable to meet the massive funding requirement and face several challenges, which is turning the clock back by close to two decades.




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Airtel app users to get free access to ZEE5 content now for limited period

Airtel Thanks app customers will not have to pay any subscription to avail the access to ZEE5's content, according to the announcement.




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Telcos back 50 paise/spam SMS regime

TRAI had said that despite the higher charge on SMS, the complaints of UCC were on a rise and thus the regime for charging for SMSes should be brought under forbearance. In 2018, TRAI had mandated telcos to adopt distributed ledger technology (DLT) with ‘permissioned and private DLT networks’ where only identified and registered users can participate.




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NCLT approves resolution plan for stressed companies of Uttam Galva

Bids were submitted by CarVal Investors and Nithiya Capital Resources Advisors. The resolution plans involve settlement to financial creditors of Uttam Value Steels with a total upfront and contingent payment of Rs 1,078 crore and Rs 1,576 crore for Uttam Metallics.




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ATM industry seeks lower GST rate, stimulus to address COVID-19 challenges

In a letter to Finance Minister Nirmala Sitharaman, the Confederation of ATM Industry (CATMi) mentioned that it has been recognised by the government as a crucial player to further the financial inclusion. The COVID-19 situation has caused a sharp decline in the ATM transactions and has posed severe business challenges to the ATM industry, the CATMi stated.




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COVID-19 opens up opportunities for chemicals sector; puts margin pressure on petrochemicals: Icra

The report further said the lockdowns have adversely affected the demand for chemicals and petrochemicals owing to decline in consumption and shutting down of manufacturing plants, supply chains and distribution networks.




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Justice Department Commemorates Sexual Assault Awareness and Prevention Month