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Saudi Aramco will reduce its August-loading shipments of medium and heavy crude grades to at least six Asian buyers. (AFP Photo)

Saudi Aramco cuts August heavier crude supply for Asian refiners

Buyers in India, China, Japan, South Korea and Taiwan were notified by Aramco over the weekend about the supply cuts

14 July 2020 9:16 AM IST

Indias retail inflation picked up in June, pushed by price increases for some food and fuel items. (PTI Photo)

India's June retail inflation picks up after easing of lockdown

The government suspended the release of CPI inflation headline numbers for April and May due to insufficient data during...

14 July 2020 9:14 AM IST

Award of new contracts could fall by at least 7-9 per cent in 2021, with manufacturing, travel, airlines, hospitality and retail to be the most adversely hit, Icra said.

Technology sector set for 3 per cent revenue dip in FY21: Rating...

The sector is expected to grow at -3 per cent - nil in FY21 versus earlier expectation of 6-8 per cent, the agency said...

13 July 2020 8:17 PM IST

Google CEO Sundar Pichai. (AP Photo)

Sundar Pichai announces Google's Rs 75,000 crore fund for India's...

Investments will focus on four key areas of India's digitisation, he said

13 July 2020 3:26 PM IST

Glenmark Pharmaceuticals on Monday said it has cut price of its antiviral drug Favipiravir by 27 pc to Rs 75/tablet. (Photo- Twitter)

Glenmark Pharma cuts price of COVID-19 drug Favipiravir to Rs...

Glenmark Pharmaceuticals had launched antiviral drug Favipiravir, under the brand name FabiFlu, last month at a price of...

13 July 2020 2:53 PM IST

Reliance Industries said Qualcomm Incs investment arm will buy a 0.15% stake in its digital unit Jio Platforms. (PTI Photo)

Qualcomm-Jio deal: 5G wireless tech company to invest Rs 730 crore in...

The partnership will help Jio Platforms to roll out advanced 5G infrastructure and services for Indian customers ,...

13 July 2020 9:56 AM IST

Gold prices edged higher on Monday, holding above the key $1,800-per-ounce level. (PTI Photo)

Gold ticks higher on worries over rising COVID-19 cases

Physical gold sold at a premium in India driven by plunging imports and a near halt in smuggling that offset impact of...

13 July 2020 9:04 AM IST

Oil slipped in early Asian trade on Monday as traders eyed an OPEC technical meeting this week. (AFP Photo)

Oil slips as traders eye supply cut easing at OPEC meeting

Oil prices have recovered sharply in April after OPEC+ cut output by a record 9.7 million barrels per day for three...

13 July 2020 9:02 AM IST

Air India withdrawn job offers for around 180 trainee cabin crew members amid the economic slowdown. (PTI Photo)

Coronavirus crisis: Air India cancels job offers to 180 trainees

Air India says it's 'discontinuing with training arrangement' because of the troubles in the aviation sector

12 July 2020 9:55 AM IST

Iran is determined to develop its oil industry in spite of U.S. sanctions imposed on the country. (AFP Photo)

Iran to develop oil industry despite US sanctions

We will not surrender under any circumstances, said Iranian Oil Minister Bijan Zanganeh

12 July 2020 9:37 AM IST

Trade minister Piyush Goyal. (PTI Photo)

India in talks with EU for trade deal, open to pact with UK

Piyush Goyal said that India is open to engage with UK for a preferential trade agreement with the ultimate goal of a...

12 July 2020 9:34 AM IST

Boeing has completed delivery of all new AH-64E Apache and CH-47F(I) Chinook military helicopters to the Indian Air Force (IAF). (AFP Photo)

Boeing completes helicopter deliveries to Indian Air Force

Earlier this year, India and the US signed a contract for the acquisition of six Apaches for Indian Army during Trump's...

10 July 2020 3:05 PM IST