Ambani dominates a dizzying array of sectors: Jio is India's leading telecoms carrier, Reliance Retail Limited is its top brick-and-mortar retailer, Reliance's Network18 Media & Investments Limited is one of its biggest news networks, and Reliance's Jamnagar is its largest oil complex

Over the past six weeks, the digital business of Ambani's Reliance Industries Ltd (RELI.NS), known as Jio Platforms, raised a striking $10 billion from global investors.

Opec+ agreed to cut output by a record 9.7 million barrels per day, or about 10 per cent of global output, in May and June to lift prices battered by plunging demand

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, volatile oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets, said Moody's

Extending sharp losses from the previous session, gold prices for June futures on the Multi Commodity Exchange fell by Rs 196, or 0.42%, to Rs 46,600 per 10 gm

Globally, indices turned green as investors turned optimistic over prospects of more government stimulus and eased lockdowns across the world

A high proportion (67 per cent) of rated project and infrastructure companies in Asia Pacific continue to have low exposure to the coronavirus-related disruptions

Announcing the Union Cabinet's decision at a press briefing on Wednesday, Union Minister Prakash Javadekar said the move would help farmers get better compensation for their produce

U.S. West Texas Intermediate (WTI) crude futures gained 68 cents, or 1.9%, at $37.49 a barrel. It rose to as much as $37.88, also the highest since March 6

Stock Market LIVE Updates: Companies set to announce their earnings are Aurobindo Pharma, DCM Shriram, BPCL, Cholamandalam Investment, MAS Financial Services, Duncan Engineering, DISA, Shriram Asset Management among others

Fitch has lowered the ratings of 28 corporates in the APAC region, and made negative revisions to the rating outlook for a further 32 large undertakings, driven by the impact of COVID-19 pandemic

Moody's has downgraded the country's credit rating to Baa3 from Baa, just above the junk grade, with a negative outlook. With this, its rating is now consistent with other ratings agencies such as Fitch and Standard and Poor's

Forex traders said, while firm start of the equity market and foreign fund inflows supported the rupee, factors like strong dollar, US-China tensions and Moody's downgrade of India's sovereign credit rating dragged down the local unit

The statement comes a day after China said that the overall situation at the border with India was \"stable and controllable\", and both the countries have \"unimpeded\" communication channels to resolve the issues through dialogue and consultations

Stock Market LIVE Updates: Kotak Bank, M&M, Tata Motors, Hindalco, Bajaj Finance were among the top gainers on Nifty. On the contrary, Coal India, L&T, ITC, ICICI Bank and BPCL were among the major losers

Lockdowns imposed by wealthy nations to slow the spread of the novel coronavirus, and the jolt those restrictions have delivered to their economies, are severing a vital lifeline for many often vulnerable people around the world

With the start of domestic flights, DGCA had capped fares according to seven bands for next three months to keep flight tickets affordable. Now with ATF prices going up, airlines will be faced with difficult option of flying with limited planes or incur extra costs

In Asia, China's state media and the government of Hong Kong lashed out on Sunday at U.S. President Donald Trump's pledge to end Hong Kong's special status if Beijing imposes new national security laws on the city

LPG cylinder rates increased: The selling price of LPG in Delhi market for the month of May 2020 was reduced from Rs 744 to Rs 581.50 per cylinder for all consumers in line with drop in international prices, stated Indian Oil

Stock Market LIVE Updates: Axis Bank, Tata Steel, Bajaj Finance, IndusInd Bank, SBI, ICICI Bank and HDFC twins were among the top gainers on Sensex pack. On the other hand, Sun Pharma was the sole laggard