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Indias fuel demand loses steam, slips in July after two months of gains. (PTI Photo)

Fuel demand in July falls due to high prices, fresh lockdowns

Petrol sales by state companies fell by 1% to 2.03 million tonnes in July from June, and by about 11.5% from a year...

4 Aug 2020 9:13 AM IST

Indias manufacturing sector activity contracts for 4th straight month in July. (PTI Photo)

Manufacturing activity shrinks again in July, PMI below June-level

In April, the index had slipped into contraction mode, after remaining in the growth territory for 32 consecutive months

3 Aug 2020 1:01 PM IST

GST collections in July fall 14% due to COVID lockdown. (Photo-ANI)

GST collection slips over 14% to Rs 87,422 crore in July

In July 2019, the GST revenue was over Rs 1.02 lakh crore

2 Aug 2020 8:31 AM IST

Taxes, levies in telecom sector high, need to be reviewed thoroughly, said Sunil Mittal. (DC Photo)

There is a need to review high levies in telecom sector, says Sunil...

Government should not view the sector as source for exchequer, but instead as a force multiplier for ensuring economic...

31 July 2020 4:09 PM IST

SBIs Q1 profit surges 81 pc to Rs 4,189 crore. (PTI Photo)

India's largest bank SBI net profit up 81% to â‚¹4,189 crore in Q1

Its gross non-performing assets (NPA) of the total advances declined to 5.44 per cent at June-end, over 7.53 per cent at...

31 July 2020 3:19 PM IST

IndiGo reported a net loss of Rs 2,844 crore in the quarter ended June. (PTI Photo)

IndiGo revenue dips 92%, reports Q1 net loss of Rs 2,844 crore

Passenger ticket revenues were Rs 585 crore, down 93 per cent and ancillary revenues slipped 81 per cent to Rs 169 crore

30 July 2020 2:56 PM IST

The diesel price reduced by Rs 8.36 in Delhi due to the VAT cut. (PTI Photo)

Diesel gets cheaper by Rs 8 in Delhi due to VAT cut

Kejriwal Thursday announced a reduction in the Value Added Tax on diesel from the existing 30 per cent to 16.75 per cent

30 July 2020 12:41 PM IST

Yes Bank takes possession of Anil Ambanis group HQ in Mumbai for failure to repay dues. (PTI Photo)

Yes Bank takes possession of Anil Ambani Group's Mumbai head office

Nearly all the major companies in Anil Dhirubhai Ambani Group were operating out of the Santacruz office called...

30 July 2020 11:53 AM IST

Oil prices dipped on Thursday as a surge of coronavirus infections around the globe raised fears a rebound in fuel demand. (AFP Photo)

Oil prices slip on demand worries as coronavirus cases rise

The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd...

30 July 2020 8:56 AM IST

Indian refiners cut runs as fuel demand dips, margins fade. (AFP Photo)

Indian refineries face shutdowns as fuel demand drops

In July, however, local demand growth has slowed because of high fuel prices, renewed lockdown in parts of the country

29 July 2020 10:31 AM IST

Asian airlines carried just 724,000 international passengers in June, a 98 per cent decline compared to the 31.8 million recorded in the same month last year. (ANI Photo)

Asia's international air travel plunges 98%, cargo demand falters:...

Air cargo demand was 20.3 percent lower year-on-year as demand for exports continued to falter on the back of economic...

29 July 2020 9:39 AM IST

Housing sales plunged 79 per cent to 19,038 units across eight major cities in April-June. (DC Photo)

Housing sales in April-June drop 79% in top 8 cities

Mumbai saw 85 per cent fall in the second quarter of 2020 to 4,559 units, from 29,635 units in the corresponding period...

28 July 2020 3:43 PM IST