Weeks after the coronavirus lockdown led to fuel sales nosediving to record lows, Indian Oil Corp (IOC), the nation's largest oil firm, sees demand returning with the resumption of economic activities.

The company said though it is on track to spend the approved capital expenditure for 2020-21, it has critically examined all capex proposals for rationalisation of cost and time frame.

Samsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country's top conglomerate.

Prosecutors on Thursday asked the court to issue an arrest warrant against Lee, culminating a probe into accounting fraud and a controversial 2015 merger of two Samsung affiliates that they said helped facilitate Lee's plan to assume greater control of the group.

An encounter between terrorists and joint security forces broke out on early Monday morning at the Pinjora village of Jammu and Kashmir (J&K)'s Shopian district. Around four to five terrorists were believed to have been trapped in the region.

However, according to the latest updates delivered by the Kashmir News Observer (KNO), it has now been ascertained that four terrorists have been gunned down in the encounter in south Kashmir, while three security officials have ended up injured.

As the coronavirus disease (COVID-19) pandemic outbreak continues to spread like wildfire across India, Maharashtra has emerged as the epicenter of the virus spread where the number of cases has witnessed an even large spike recently. As of 8 AM on Monday, the total number of positive cases of COVID-19 infection in the state is nearing the 86,000-mark, which is well above the official COVID-19 tally of China, where the virus is believed to have originated.

The temple management of Tirumala Tirupati Devasthanams (TTD) reopens its doors today for the darshan of Sri Venkateswara Swamy, almost 80 days after it was closed due to the coronavirus disease (COVID-19)-necessitated nationwide lockdown. Earlier last week, TTD Trust Board Chairman YV Subba Reddy had confirmed that the temple would reopen its doors on June 8.

After an 83-day hiatus, petrol and diesel prices were hiked on Sunday by 60 paise per litre as the state-owned oil companies decided to restart daily price revisions.

In Delhi, a litre of petrol will now cost Rs 71.86 instead of Rs 71.26 while people will have to shell out diesel Rs 69.99 for one litre of diesel instead of Rs 69.39 earlier.

As places of worship are set to open from Monday under Unlock 1, the Union Culture Ministry on Sunday approved the reopening of 820 centrally protected monuments (CPM) under the Archeological Survey of India which have places of worship from June 8, Union Minister Prahlad Patel said.

Taking to Twitter to make the announcement, Patel said that all safety protocols issued by the home ministry will be followed.

Just a day after India and China military commanders held cordial and positive talks at Chushul-Moldo point along the Line of Actual Control in Eastern Ladakh, the Ministry of External Affairs (MEA) has confirmed that the two nations have agreed to resolve the situation peacefully in the border areas by carrying on with the military and diplomatic engagements.

Visakhapatnam police on Friday arrested over 90 people, including leaders and workers of Left parties who were going to protest at LG Polymers plant, the site of the gas leak incident on May 7 that killed 12 people.

We arrested them as they hadn't taken permission for the protest. A FIR filed against 96 people of Left parties, South ACP Swaroopa Rani said.

Gold price today fell from Rs 46,767 to Rs 46,696 per 10 gram, while silver slipped from Rs 47,930 to Rs 47,800 per kilogram, according to India Bullion and Jewellers Association (IBJA).

The gold jewellery prices vary across India — the second-largest consumer of the metal — due to excise duty, state taxes and making charges.

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