Kerala Finance Minister Dr TM Thomas Isaac has tested positive for coronavirus. The minister's swab samples were taken after he complained of minor cold.

The 67-year-old is the first in the cabinet to be infected with the virus and has been shifted to the medical college hospital.

Amid the ongoing financial crisis, Vodafone-Idea is likely to make a strategic announcement on Monday. According to reports, the telecom major is set to rebrand itself. The development comes in the backdrop of the telecom company's decision to raise up to Rs 25,000 crore by way of share sale and debt from new investors.

Vodafone Idea is owned by Vodafone plc and the Aditya Birla group (ABG).

Amidst the border tensions along the LAC, Indian and Chinese militaries on Sunday held another round of talks in eastern Ladakh. The talks were an attempt to calm tensions even as the situation remained 'delicate.'

The commander-level interaction near Chushul lasted nearly four hours but still could not produce any tangible outcome, government sources said.

Gold prices today fell to 50,678 from Rs 54,110 per 10 g a day before, while silver rose to Rs 67,266 from Rs 65,600 per kg, according to the Good Returns website.

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

The Uttar Pradesh government on Friday allowed clubs and bars outside the containment zones in the state to resume operations. However, they will have to operate in accordance with the COVID-19 guidelines of the state and central governments.

The order was issued by the Excise department of the state government on Friday, directing the management and association of the establishments to ensure that all cleanliness and hygiene norms are being followed while operating.

Amid heightened India-China tensions, the defence minister of both the countries have met in Moscow on the sidelines of the Shanghai Cooperation Organisation or SCO meet.

Chinese defence minister General Wei Fenghe had requested for a meet with Indian defence minister Rajnath Singh. Both the defence ministers are in Moscow for the SCO defence minister meeting. India, Pakistan, China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan are part of the SCO grouping.

An earthquake of magnitude 2.7 on the Richter Scale occurred 98 km north of Mumbai at 6:36 am on Saturday, according to the National Centre for Seismology (NCS).

Earthquake of Magnitude: 2.7, Occurred on 05-09-2020, 06:36:31 IST, Lat: 19.96 & Long: 72.83, Depth: 5 Km, Location: 98km N of Mumbai, Maharashtra, NCS tweeted.

Oil tumbled below $40 a barrel for the first time in a month with equity losses accelerating and the dollar strengthening.

Futures in New York declined as much as 3.5 per cent on Friday with prices on track for the worst week since June. Stocks in the US, Europe and Asia were weaker, with the S&P 500 Index falling more than 2 per cent. The dollar also strengthened, decreasing the appeal for commodities denominated in the currency.

State-owned BSNL has issued a directive to all its units to curtail expenditure on contract works which is likely to result in retrenchment of around 20,000 workers engaged with the telecom firm through contractors, according to BSNL Employees’ Union.

The union also claimed that 30,000 contractual workers have already been retrenched under the company's retrenchment process and added that all such workers remained unpaid for more than a year.

On the occasion of Teachers' Day, Prime Minister Narendra Modi on Saturday paid tribute to former President Dr Sarvapalli Radhakrishnan on his birth anniversary and offered gratitude to the teachers across the country.

Hailing the teachers as heroes, the Prime Minister lauded them for their contributions towards shaping minds and building the nation.

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