Breaking News: September 1, 2020 | As it happened

State-owned lender Indian Bank on Tuesday announced a cut of 5 basis points in its marginal cost of funds based lending rate (MCLR) for one-year tenure.

The bank has decided to reduce the MCLR for one-year tenure by 5 basis points to 7.30 per cent effective from September 3, 2020, Indian Bank said in a regulatory filing.

Vistara has decided to introduce three days of leave without pay for its pilots in September amid the airline industry continuing to grapple with weak travel demand due to the coronavirus pandemic, according to an airline source.

The three-days leave without pay (LWP) measure for pilots is in addition to a cut in monthly base flying allowance

India's second largest IT firm Infosys on Tuesday said it plans to hire 12,000 American workers over the next two years, taking its hiring commitment in the country to 25,000 over five years. In 2017, Infosys had committed to hiring 10,000 American workers over two years, and has created 13,000 jobs in the US to date.

"Through this expanded commitment, Infosys will hire an additional 12,000 workers by 2022 across a variety of roles," it said in a statement.

"The company will target experienced technology professionals as well as recent graduates from major universities, liberal arts colleges, and community colleges to create the best workforce for the future," Infosys added.

Final year university exams are likely to be held by the last week of September in Haryana, the Chief Minister's Office said.

Haryana Chief Minister's Office (CMO) on Tuesday tweeted, "Examinations of last year students of all universities & colleges in Haryana will be conducted by the end of September. Results will be declared before October 31, 2020."

Automaker Renault India on Tuesday said its sales increased 41 per cent to 8,060 units in August as compared with same month last year.

The country's GST collections declined to Rs 86,499 crore in August from Rs 87,422 crore in the previous month, a finance ministry statement said on Tuesday.

Goa in an attempt to ease down lockdown restrictions during Unlock 4.0 has allowed bars, and restaurants to reopen from Tuesday (today) onwards. 

“It’s a welcome gesture by govt. By Nov/Dec,we hope we'll have some sizeable tourism business in Goa” said President, Goa Hotel & Restaurant Associations.

Karnataka Rural Development and Panchayat Raj Minister KS Eshwarappa has tested positive for coronavirus on Tuesday.

Tibetan spiritual leader the Dalai Lama has condoled the demise of former President Pranab Mukherjee and said for 84 years he led a meaningful life.

In a letter to his son Abhijeet Mukherjee, the spiritual leader wrote, "I am sorry to learn about your father's passing away. I will remember him in my prayers and would like to offer my condolences to you and your family at this sad time."

After a highly volatile session, the BSE Sensex settled 272.51 points or 0.71 per cent higher at 38,900.80. It hit an intra-day high of 39,226.82 and a low of 38,542.11. Read More

Arms and ammunition recovered in Khanetar area of Poonch. More details awaited: SSP Poonch

Fairly widespread rainfall activity with heavy falls & thunderstorm, lightning very likely today at isolated places over West Bengal & Sikkim, Odisha, Bihar, Jharkhand, Chhattisgarh, Assam, Meghalaya, Mizoram and Tripura:  India Meteorological Department (IMD)

Fairly widespread to widespread rainfall with isolated heavy falls, thunderstorm, lightning very likely over Rayalaseema, coastal & south interior Karnataka, Kerala & Tamilnadu during next 3-4 days.

Former President Pranab Mukherjee laid to rest with full military honours. His last rites were performed at Lodhi crematorium today, under restrictions for COVID-19.

All places of worship including temples, mosques and churches today opened with certain conditions for the devotees in Rameswaram, following the permission given by the state govt. Visuals from Ramanathaswamy temple where devotees turned up to offer their prayers.

SC cautions telecos, says failure to pay installments of AGR-related dues will incur penalty, interest and contempt of court.

An earthquake of 2.6 magnitude hit the Koyna dam region in Maharashtra's Satara district on Tuesday morning

Defence Minister Rajnath Singh pays last respects to former President Pranab Mukherjee at his residence, 10 Rajaji Marg.

Water enters into the residential areas of Siliguri, following heavy rainfall in the region.

Single-day spike of 69,921 new positive cases and 819 deaths reported in India, in the last 24 hours. COVID-19 case tally in the country stands at 36,91,167 including 7,85,996 active cases, 28,39,883 cured/discharged/migrated & 65,288 deaths: Health Ministry

Candidates arrive at Arwachin Bharti Bhawan Sr Sec School in Vivek Vihar, designated as an examination centre for JEE Main. The temperature of candidates being checked. A candidate, Pranjal says, "I am carrying my own sanitiser and I had also undergone a full body checkup"

Yog guru Swami Ramdev reveals yoga asanas to get rid of prostate gland problems. | WATCH NOW

Flags at Rashtrapati Bhavan and Parliament fly at half-mast as 7-day State mourning is being observed in the country following the demise of former President Pranab Mukherjee.

Hello and welcome to today's live coverage of coronavirus news in India and across the world, with me, Sushmita Panda and my colleagues  Himanshu Shekhar, Shashwat  Bhandari, Vani Mehrotra, Priya Jaiswal, and Rashi Hardaha. You can get in touch with us directly on Twitter @sushmitapanda, @himaanshus, @ShashBhandari​ @vani_mehrotra​ @priyajais, and  @rashihardaha for news, tips, photos, questions and comments. Stay tuned to Indiatvnews.com (@indiatvnews) for all the latest updates on what's happening around the world. 

Here's a quick overview: 

The total number of global cases has surpassed 25.6 million, including more than 854,000 fatalities. More than 17,937,990 patients are reported to have recovered.

Total positive cases country-wise: