As India reassesses its trade relations with China and considers a range of moves to reduce dependencies, China has called for ‘equal’ treatment for its firms and described ‘forced decoupling’ between the two economies as being harmful to both.India has rolled out moves to more tightly regulate Chinese...
Indian Oil Corporation (IOC) reported a decline of almost 47% in standalone net profit to ₹1,911 crore for the first quarter ended June 30, 2020. Revenue from operations plunged about 41% to ₹88,937 crore.IOC said its board had approved the implementation of an Integrated Para-Xylene (PX) and...
The Centre’s fiscal deficit for the first three months of fiscal 2020-21 was ₹6.62 lakh crore, which is 83% of the budgeted target for the year, official data show. Economists said given the government’s additional borrowing plans, both to meet stimulus spending and bridge the revenue shortfall...
Magnus Carlsen needed just 27 moves to destroy Peter Svidler’s white citadel and lead 1-0 in the first set of their semifinal clash of the chess24 Legends of Chess on Friday.Carlsen exploited Svidler’s weakness on the kingside in the middle-game by bringing his queen into active play. With...
Vietnam recorded its first death from COVID-19 on Friday after winning plaudits worldwide for one of the most successful national responses to the pandemic.The country of 96 million had gone 100 days without infection before an unexpected cluster of new cases of unknown origin surfaced in the resort...
The extended break for Indian hockey players will finally end over the weekend. The men and women’s probables have been asked to report to the SAI Centre in Bengaluru by Monday (August 3).The 58-odd members of the core group — 33 men and 24 women — had started...
LeBron James followed his own miss and made the winning shot with 12.8 seconds left as Los Angeles Lakers earned a 103-101 victory over Los Angeles Clippers on Thursday in the restart of the NBA season at the ESPN Wide World of Sports Complex near Orlando.Anthony Davis scored...
Finance Minister Nirmala Sitharaman said the government is working with the RBI on need for restructuring loans to help industry tide over the impact of COVID-19.“The focus is on restructuring,” she said while addressing a FICCI event.“The Finance Ministry is actively engaged with the RBI on this. In...
The economy of the 19-country eurozone shrank by a devastating 12.1% in the April-June period from the quarter before — the largest drop on record — as COVID-19 lockdowns shut businesses and hampered consumer spending. Economists say the worst of the downturn is past as many restrictions have...
English pace bowler Stuart Broad became the seventh bowler and second Englishman, after fellow pacer James Anderson, to pick up 500 Test wickets. The Anderson-Broad duo ranked joint second in the list of bowler pairs with 895 scalps between them in games played together, pointing to their enduring...