Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion rupees ($491 million) to India's central bank as "fraud."
In a squalid slum below a partially built flyover in eastern Delhi, Satyendra Pal stands by a whiteboard propped against a straw hut, with half a dozen children wearing masks and sitting on the floor looking up at him.
India has conveyed its concerns to the United States about a new immigration order that could force a large number of Indian students to return home, the foreign ministry said on Thursday.
Indian software company Tata Consultancy Services Ltd (TCS) posted a near 14% drop in first-quarter profit on Thursday, that also missed estimates, as the COVID-19 pandemic forced its clients to cut spending on IT services.
BP has paid Reliance Industries $1 billion to set up a joint network of thousands of petrol stations across India to tap the country's rapidly growing energy demand.
More than 60,500 new COVID-19 infections were reported across the United States on Thursday, setting a one-day record as weary Americans were told to take new precautions and the pandemic becomes increasingly politicized.
New Zealand's former prime minister Helen Clark warned if the world remained "flat-footed" in its response to pandemics it faces future economic, social and political crisis, after she was appointed by the World Health Organization to lead a review of the global response to the COVID-19 pandemic.
The World Health Organization on Thursday released new guidelines on the transmission of the novel coronavirus that acknowledge some reports of airborne transmission of the virus that causes COVID-19, but stopped short of confirming that the virus spreads through the air.
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