India becomes fifth most-affected country by Covid-19, surpasses Spain

At 2.41 lakh coronavirus cases, India is only behind US, Brazil, Russia and the UK

OPEC, Russia to extend record oil cuts to end of July

OPEC+ was also set to demand countries such as Nigeria and Iraq, which exceeded quotas in May and June, compensate by making extra cuts in July to September

Sebi ‘censures’ AstraZeneca for unfair trade practise in 2014 delisting plans

The order found that the pharma company, its promoters and Elliot group which held 15.52% in the company through six foreign institutional investor (FII) sub-accounts had a ‘private arrangement’ to sail through the delisting process

Vedanta posts net loss of ₹12,521 cr in Q4 due to one-time loss

Vedanta had exceptional loss of ₹17,132 crore during the quarter, primarily due to impairment of assets in oil and gas, copper and iron ore business

Delhi: FIR against private hospital for allegedly violating Covid-19 norms

• FIR was filed against Sir Ganga Ram Hospital on complaint of Delhi govt for allegedly violating Covid-19 regulation norms
• Earlier on Saturday, Delhi CM said some private hospitals denying admission to Covid-19 patients, demanding money for allotting beds and that they won't be spared

Amul Twitter account blocked briefly after ad targeted China

The cartoon appeared to support the new policy of `Atmanirbhar Bharat' enunciated by Prime Minister Narendra Modi as well as a call for a boycott of Chinese products on Indian social media against the backdrop of a stand-off between the two countries in eastern Ladakh

Jio prepaid users to get one-year free Disney+Hotstar subscription: Here's how

Users can avail themselves of the offer by either opting for ₹401 monthly plan or ₹2,599 plan or through add-on data packs

Apple preparing monthly iPad, Mac payment plans for Apple Card

• The technology giant is planning to roll out the service in the coming weeks
• The offering will let customers buy a product through Apple and split up the cost over several months with interest-free payments

With pre-IPO fund raising nearly done, all eyes now on Jio Platforms IPO

On listing, the general expectation is that Jio Platforms will be valued much higher than what the Street had pegged its valuations at

Covid disruption: Nilekani says education sector needs to adopt Aadhaar model

• With some 300 million students, the school education sector needs to be helped by ‘samaj, sarkar and bazaar”
• The entire education system must get ready collectively to deal with corona crisis and prepare for any lockdown in future if the situation worsens

Facebook will review content policies in the wake of protests: Zuckerberg

• 'We're exploring the following areas, which fit into three categories: ideas related to specific policies, ideas related to decision-making, and proactive initiatives to advance racial justice and voter engagement'

Top army generals of India and China hold talks to defuse border tension

• The military dialogue follows talks at the diplomatic level on Friday during which both countries agreed to handle their “differences” through peaceful discussions while respecting each other’s sensitivities and concerns

Maharashtra govt to procure 10,000 vials of Remdesivir for Covid-19 treatment

The expensive anti-viral drug will be made available for the poor and needy patients in the state, says Maharashtra Health Minister Rajesh Tope

Uttar Pradesh: 370 fresh COVID-19 cases, tally crosses 10,000-mark

UP principal secretary, health, Amit Mohan Prasad says the number of active cases in the state was 3,927 and the number of those who have recovered and been discharged from hospitals was 5,908

Unlock 1.0: Sebi resumes agenda put on hold during curbs

• In the past 15 days, Sebi has issued one circular and one discussion paper which is not directly connected to easing the financial hardships of market participants during lockdown
• During these times, the market regulator issued 40-odd circulars to ease hardships faced by capital market participants

Yatra Online terminates merger pact with US-based Ebix Inc

Ebix Inc had signed an agreement to acquire Yatra Online Inc, the parent company of online travel firm Yatra.com, for an enterprise value of $337.8 million (over ₹2,300 crore) in 2019

Maharashtra's Jalgaon records more COVID-19 deaths in 2 days than Chennai, Pune

Mumbai became India’s first city to cross 1,500 covid-19 deaths, while Delhi is now the second state after Maharashtra with 15,000 active cases

'Greatest comeback in American history,' says Trump while praising US job data

• The jobless rate, at 13.3%, is still on par with what the nation witnessed during the Great Depression
• 'I’m telling you next year, unless something happens or the wrong people get in here, this will turn around,' Trump said

India's COVID-19 tally rises to 2.36 lakh after states add a record 9,887 cases

• Coronavirus infection claimed as many as 294 lives on Friday — the highest number of deaths reported in a day
• Tamil Nadu and Delhi recorded a steep rise in COVID-19 tally

Amit Gupta of Yulu is riding the change

The founder and CEO of mobility startup Yulu tells Mint he is optimistic about the future of shared electric mobility in the post-covid world

L&T, SBI cautious on recovery

A realistic assessment of the situation would only be possible after another three months, the SBI chief said

Eastern Ladakh standoff: Indian and Chinese armies hold Lt-General-level talks

The Indian delegation was led by Lt General Harinder Singh, the general officer commanding of Leh-based 14 Corps

Govt destroying economy by refusing to provide cash support to people: Rahul

• Rahul Gandhi has called for an immediate provision of ₹10,000 to the poor and an economic stimulus package for the MSME industry
• He had termed the lockdown imposed by the government to contain the spread of virus as one that "failed"

India-China military meet over Ladakh standoff today: What to expect

The armies are currently on high-alert at two locations along the Line of Actual Control -- the 3,488 kilometer (2,167 mile) unmarked boundary between India and China.

WhatsApp may lead India's next payment revolution, but what's stopping it?

• WhatsApp needs a nod from the regulator, the National Payments Corporation of India, to throw open the switch
• The popularity of the messaging app, which has more than 400 million Indian users, is its biggest strength and its worst enemy

Mubadala, Silver Lake acquire Jio Platforms stakes  for   ₹13,640 crore

The Silver Lake and Mubadala deals give Jio an equity value of ₹4.91 tn and an enterprise value of ₹5.16 tn

No hospital can refuse admission to a suspected coronavirus patient: CM Kejriwal

• There are 42 labs in Delhi; only 6 were ordered to stop testing, rest working
• Delhi has a total of 26,334 confirmed coronavirus cases till today

How simulators have kept racers sharp in lockdown

The Indian SIM Racing League is allowing race-car drivers and enthusiasts to keep in touch with the sport

How top politicians tweeted about #coronavirus

Indian leaders came late to the coronavirus discussion. And when they did, they focused more on health and administration than the economy or the poor

Google Pixel 4A expected to get wireless charging, punch hole display

• A phone case maker’s listing hints that the Pixel 4A will be launched with wireless charging
• The listing also shows some high definition images of the Pixel 4A clad in a clear bumper case

Five ED officials test positive for COVID-19, Delhi headquarters sealed

• All the ED employees who were found infected with COVID-19 after 'proactive testing' are asymptomatic
• People who came in contact with them have been quarantined, according to officials

Indian travel firm Yatra scraps merger deal with US-based Ebix

Indian travel services company Yatra said it is seeking damages against Ebix for breaching terms of their merger agreement, including clauses on representations and covenants

MPC minutes: RBI goes all out to rev up economy

MPC minutes show the regulator sought to move ahead full throttle to ease financing conditions further to revive consumption and investment

Bankruptcy code gets suspended for 6 months

President Ram Nath Kovind has promulgated an ordinance suspending the Insolvency and Bankruptcy Code

Tatas rule out immediate plan to sell assets to shore up finances

Tata Sons said the group is well-capitalized and prepared to take on the challenges posed by the lockdown

India, China will have more COVID-19 cases than US if they test more: Trump

• According to Johns Hopkins Coronavirus Resource Center, the US has reported nearly 1.9 million cases and over 1,09,000 deaths
• India has so far conducted over 4 million coronavirus tests, according to the health ministry.

India's coroanvirus count surpasses Italy; is now sixth highest in the world

• India's COVID-19 count hit a new high as the states had recorded over 9,000 fresh cases for the third consecutive day
• US President Donald Trump said India, China will have more COVID-19 cases with more tests