Latest update LIVE: UP Police killed Dubey in self-defence, says STF

India among top 5 nations in solar energy: Prime Minister Narendra Modi while launching 750 MW solar project in Rewa, Madhya Pradesh. Stay tuned with Business Standard for the latest news of today

3:10 AM

Turkey's president formally makes Hagia Sophia a mosque

The president of Turkey on Friday formally converted Istanbul's sixth-century Hagia Sophia back into a mosque and declared it open for Muslim worship, hours after a high court annulled a 1934 decision that had made the religious landmark a museum.
 

The decision sparked deep dismay among Orthodox Christians. Originally a cathedral, Hagia Sophia was turned into a mosque after Istanbul's conquest by the Ottoman Empire but had been a museum for the last 86 years, drawing millions of tourists annually.

Hagia Sophia

3:07 AM

Facebook mulls ban on political ads ahead of US elections

Facebook Inc is considering imposing a ban on political ads on its social network in the days leading up to the Nov. 3 elections in the United States, Bloomberg News reported on Friday, citing people familiar with the company's thinking.
 

The potential ban is only being discussed and has not been finalized, the report added.

2:31 AM

Four dead in landslide in Arunachal Pradesh after incessant rainfall

11:42 PM

Default risk for Indian companies drops at fastest pace in decade

Default risks for Indian firms are declining at the fastest pace in more than a decade as the central government deploys huge stimulus to support local companies hit by the impact of the pandemic.

 

The cost to insure against nonpayment by a basket of Indian companies, including Reliance Industries and State Bank of India, dropped by 252 basis points in May and June combined, the most for any two-month period dating back to 2009, according to CMA prices. Read more

11:37 PM

Covid-19 impact: Housing sales down 67% in April-June, says PropEquity

Sales or absorption of housing units dropped by 67% to 21,294 across top nine cities in the second quarter of calendar 2020, from 62,851 in the year-ago period, according to a PropEquity report. The sales declined because of the Covid-19 outbreak and lockdown. The supply of new units also dropped by 81% during the period to 11,967. Read more

11:22 PM

Travel curb by states to contain Covid-19 hurting demand: IndiGo CEO

Press Trust of India Hoping that the Covid-19-hit aviation industry should be back on "track" within the next one-and-a-half years, budget carrier IndiGo parent InterGlobe Aviation's Chief Executive Officer Ronojoy Dutta has said restrictions on travel by certain states are hurting demand. Read more.

11:14 PM

Amazon makes employees delete TikTok, cites security concerns

10:13 PM

Arunachal landslides: All assistance being provided to the affected, says PM Modi

10:13 PM

Will make efforts to ensure national unity, territorial integrity: Nepal PM

Embattled Prime Minister K P Sharma Oli on Friday said he will make "every effort" to consolidate national unity and protect the territorial integrity of Nepal and asserted that it is the duty of the ruling communist party and its leaders to resolve the internal matters and disputes. Read more

9:43 PM

Govt's stimulus package has preserved macro stability: KKR India head

9:43 PM

PAC to review border road construction at LAC, procurement of high-altitude clothing for troops

9:43 PM

CBDT asks taxmen to process returns filed up to AY 2017-18 with refund claims by Oct 31

9:43 PM

India, China agree on "complete disengagement" of troops from eastern Ladakh in timely manner

9:42 PM

Sultry day in most of north India, landslides caused by heavy rains kill 7 in Arunachal

9:26 PM

Vikas Dubey encounter killing: Opposition parties attack UP govt; Congress, BSP demand Supreme Court-monitored probe