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With the pandemic caseload remaining over 2.5 lakh for the second day, a report has warned of the grim economic scenario as with even limited restrictions on people’s movement and some businesses, power consumption and e-way GST bill collections are already down.",

However, revenue from sale of products stood at Rs 22,959.8 crore as compared with Rs 17,187.3 crore earlier, up 33.58 per cent.",

The Indian arm of the Swiss food giant Nestle reported a net profit of 9.34 billion rupees (2.03 million) for the three months ended March 31, compared with 7.37 billion rupees a year earlier.",

Tamil Nadu Governor R N Ravi has rejected Chief Minister M K Stalin’s recommendation to reallocate the portfolios of Minister for Electricity, Prohibition and Excise V Senthil Balaji who was arrested by the ED in connection with a job racket scandal. The latest move has worsened the existing cold war between the governor and the DMK government with minister K Ponmudy stating that the governor was “acting like a BJP agent”."

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Bharat Basiya, Assistant Commissioner of Police (Crime), Rajkot city police, produced the 61-year-old accused in a magisterial court. Basiya is also the investigating officer in the case. The Crime Branch filed an application seeking Jadeja’s remand for seven days. However, the court granted police his custody for four days only, Tushar Gokani, special public prosecutor in the case, said.",

In the other semifinal, Daniil Medvedev plays Stefanos Tsitsipas in a rematch of their 2021 Australian Open semifinal. Medvedev won last year’s semifinal, then lost to Djokovic in the final.",

The National Green Tribunal (NGT) Western Zone bench has constituted a five-member joint committee to investigate the reactor blast in a chemical factory at Dombivali MIDC on May 23 that claimed 10 lives and injured 68 persons, considering the “seriousness” of the incident.",

Its chief executive N S Venkatesh told reporters that the Reserve Bank’s incremental cash reserve ratio (CRR) measure to suck out excess liquidity “partially impacted” the industry’s performance on the debt side as such schemes are looked at more from a treasury management perspective by banks as well."