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Indias crude oil imports fall, product exports surge in April. (AFP Photo)

India's crude oil imports fall, product exports surge in April

Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months

23 May 2020 3:52 AM GMT

15 of family test positive after visiting relative at hospital. (PTI Photo)

Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal,...

The rating agency said most sectors are likely to experience varying degrees of revenue contraction due to demand and...

22 May 2020 6:58 AM GMT

Centre extended the lockdown till May 31, and announced more changes and relaxations in its guidelines. (PTI Photo)

Lockdown 4: Check new guidelines, relaxations

The Centre now empowered the states to decide on what will be red, orange or green zones

18 May 2020 4:33 AM GMT

Oil set for positive finish to week as lockdowns eased, (AFP Photo)

Oil prices rise as countries ease virus lockdown

Oil markets were battered in April as the virus strangled demand owing to business closures and travel restrictions

8 May 2020 4:05 AM GMT

India stockpiles low-cost oil, fills 32 million tonnes of commercial storage. (AFP Photo)

India takes advantage of low oil prices, stockpiles 32 million tonnes

India, the world's third biggest oil importer, buys over 80% of its oil needs from overseas markets

5 May 2020 5:30 AM GMT

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 3:59 AM GMT

Indias fuel demand rose by nearly 50% in May from the previous month as the country eased coronavirus-led restrictions. (PTI Photo)

Fuel demand jumps nearly 50% in May as lockdown restrictions ease

Petrol and diesel sales in May, however, increased by 81.8% and 69.1% respectively from April

11 Jun 2020 5:44 AM GMT

Adverse impact on domestic economic activity as well as a slowdown in global trade has resulted in a steep contraction in cargo volumes at the major ports. (PTI Photo)

Port sector to witness cargo volume contraction, project delays: ICRA

Further, factors like changes in global supply chain pattern during the recovery phase will also have an impact on the...

5 July 2020 4:37 AM GMT

The manufacturing sector, which contracted by 1.5 per cent in Q2 FY21, staged a robust comeback with a growth of 5.5 per cent in the second quarter. (Representational Photo:AFP)

GDP grows 8.4% in Q2 amid positive signals in economy

The official data Tuesday also showed that the economy has surpassed the pre-Covid level

30 Nov 2021 8:13 PM GMT

Indian labourers work at a construction site on a roadside in New Delhi. (AFP Photo)

Labour shortage to be a major challenge amid extended lockdown

Availability of labour and ensuring a fully operational supply chain would be major challenges which needs to be...

17 April 2020 8:42 AM GMT

Retail inflation growth eases to 5.91% in March. (PTI Photo)

Retail inflation growth drops to a four-month low in March

Annual retail inflation eased to 5.91% in March, down from 6.58% the previous month

14 April 2020 3:38 AM GMT

The worlds biggest lockdown may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period. (PTI Photo)

Covid19 lockdown may cost Rs 7-8 lakh cr to Indian economy

The rapid spread of COVID-19 has not only disrupted the global economy but also triggered a partial shutdown in many...

13 April 2020 12:46 PM GMT