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Asian shares make cautious gains; oil, gold prices hit record levels as more countries reopen their economies. (AP Photo)

Asian shares make cautious gains; oil and gold jump

Oil prices reached their highest since March as demand picked up as countries around the world eased travel restrictions

18 May 2020 9:16 AM IST

Asian Development Bank (ADB) on Thursday slashed its growth forecast for developing Asia. (AFP Photo)

ADB slashes 2020 growth forecast for developing Asia to 0.1% from 2.2%

The ADB kept its economic growth forecast for developing Asia for next year at 6.2%

18 Jun 2020 9:29 AM IST

Asia stocks extend rally as economic recovery hopes boost confidence. (AFP Photo)

Asia stocks extend rally on hopes of quick economic recovery

Markets have been particularly encouraged by a May U.S. jobs report last week that showed a surprise fall in the...

9 Jun 2020 9:24 AM IST

Some real estate developers are sponsoring the return of guest workers and also facilitating their quarantine as per guidelines. (PTI Photo)

Employers bring back guest workers to cities

Maharashtra has undertaken initiatives to invite locals to participate in the infra projects undertaken by the...

19 July 2020 2:18 PM IST

Indias factory activity contracts for third straight month in June. (AP Photo)

India's factory activity contracts for three consecutive months

Input and output prices declined for a third consecutive month in June, and manufacturers continued to cut staff

1 July 2020 11:55 AM IST

Indian economy likely to see record quarterly slump as pandemic hits. (PTI Photo)

GDP to contract by 18.3% as economy set for weakest quarterly growth...

Economists predict a contraction of 8.1% and 1.0% in the September and December quarters respectively

31 Aug 2020 9:14 AM IST

Indias crude imports fall to lowest in over a decade in July. (AFP Photo)

India's crude imports drop to decade low in July

Crude oil imports last month slumped about 36.4% from a year earlier to 12.34 million tonnes, or 2.92 million barrels...

21 Aug 2020 8:57 AM IST

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

Government has decided to restore bus service in Bhopal on Thursday on a very limited scale. (PTI Photo)

MP mulls revival of economic activity amid spike in pandemic cases,...

The state government has decided to rope in economists, experts to suggest measures to restore economy to a pre-pandemic...

4 Sept 2020 10:50 AM IST

Federal Reserve signalled Wednesday that it will keep its key short-term interest rate near zero. (Photo- AFP)

US Fed leaves interest rates near zero, to use full range of tools to...

In its statement, the Fed said it is "committed to using its full range of tools to support the US economy in this...

30 April 2020 10:41 AM IST