Apple Inc on Monday said it will switch to its own chips for its Mac computers, ending a nearly 15-year reliance on Intel Corp to supply processors for its flagship laptops and desktop.

Apple Chief Executive Tim Cook said it marked the beginning of a major new era for a product line powered the company's rise in the 1980s and its resurgence in the late 1990s.

Gilead Sciences Inc said on Monday it expects to be able to supply enough of its antiviral drug remdesivir by year end to treat more than 2 million COVID-19 patients, more than double its previous target of 1 million.

The company also said it hoped to start trials in August of an easier-to-use inhaled version of the medicine, currently administered only intravenously.

Patanjali will launch the ayurvedic medicine for treating Covid-19 at Patanjali Yogpeeth in Haridwar on Tuesday.

Proud launch of first and foremost evidence-based ayurvedic medicine for #corona contagion, #SWASARI_VATI, #CORONIL, is scheduled for tomorrow at 12 noon from #Patanjali Yogpeeth Haridwar, Acharya Balkrishna, Chief Executive Officer (CEO) of Patanjali, tweeted on Monday.

US President Donald Trump on Monday suspended the temporary work visas, including H-1B, for foreigners till the end of the year. It marks the latest effort to bar the entry of immigrants to the country. The White House has said that the measure prolongs the ban on US employment permits to year-end and broadens it to include H1-B visas used widely in the tech industry to ensure American workers take first priority as the nation starts recovering from the economic effects of the coronavirus disease (COVID-19) pandemic.

Fuel prices in Delhi were hiked by the oil marketing companies on Tuesday for the 17th day in a row. From now on, petrol and diesel will cost Rs 79.76/litre and Rs 79.40/litre respectively in Delhi.

The price of petrol is increased by 20 paise a litre while that of diesel by 63 paise a litre.

The Supreme Court on Monday modified its earlier order and allowed the annual Jagannath Rath Yatra in Odisha's Puri to be held with the coordination of the Temple committee, state and Central government without compromising with the health issue pertaining to COVID-19.

A three-judge bench headed by Chief Justice of India (CJI) Sharad Arvind Bobde said that the apex court is only considering conducting the yatra in Puri and not anywhere else in Odisha.

Tamil Nadu has surpassed yet another grim milestone of 60,000 total coronavirus cases. This comes on a day when the state saw its highest yet tally of 2,710 cases.

Currently, the total COVID-19 cases in the southern state stand at 62,087. It was on June 3 that Tamil Nadu’s total case count had breached the 25,000-mark and it has taken barely 18 days for the state to record over 35,000 new cases.

China on Monday declined to reveal the details of the number of Chinese soldiers killed in the Galwan Valley clash in eastern Ladakh on June 15-16.

India lost 20 of its soldiers in the violent face-off in the Galwan Valley and 10 Indian soldiers also were held captive and later released. Indian intercepts have revealed that the Chinese side suffered 43 casualties including dead and seriously injured.

Reliance Industries on Monday became the first Indian firm to hit a market valuation of $150 billion, helped by a continuous rally in its share price.

In morning trade, the company's market valuation jumped Rs 28,248.97 crore to Rs 11,43,667 crore ($150 billion) on the BSE.

State-run ONGC is looking at opportunities for optimising its capital and operational expenditures as the coronavirus pandemic has impacted the progress of its projects.

The short term liquidity position was managed by raising short term borrowings to the extent required. The onset of Covid-19 itself will impact project progress to some extent and the Company is identifying opportunities for Capex and Opex optimisations, Oil and Natural Gas Corporation Ltd (ONGC) said in a regulatory filing.

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