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Inflation based on the Wholesale Price Index was 0.90 per cent in June 2017 and 0.63 per cent in July 2016.

RBI unlikely to slash rate till March, say analysts

CPI inflation is likely to rise above 4 per cent by the end of this year.

14 Nov 2017 9:34 PM GMT

Oil prices crept up on Thursday, supported by a surprise decline of U.S. crude inventories. (AFP Photo)

Oil prices edge higher on surprise US stock drawdown, but demand...

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns

14 May 2020 3:39 AM GMT

Oil prices fell in early Asian trading on Wednesday . (AFP Photo)

Oil falls amid concerns about second wave of virus, rise in...

Traders shrugged off a further call by Saudi Arabia for larger production cuts to balance the market following a...

13 May 2020 2:59 AM GMT

Oil prices drop amid supply glut, fears of 2nd coronavirus wave. (AFP Photo)

Oil slips on fears of second covid19 wave, supply glut

Global oil demand has plummeted by about 30% as the coronavirus pandemic curtailed movement across the world

11 May 2020 3:41 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

Storage facilities of Novoprtovskoye oil and gas condensates oilfield of Russian gas and oil giant Gazprom at Cape Kamenny in the Gulf of Ob shore line in the south-east of a peninsular in the Yamalo-Nenets Autonomous District. (AFP Photo)

Oil prices lower on storage crisis as virus saps demand

Oil markets have been in turmoil for weeks as the virus strangles demand due to business closures and travel...

4 May 2020 3:31 AM GMT

Oil drops more than $1 after Saudi price cuts. (AFP Photo)

Oil prices tumble $1 per barrel after Saudi price cuts

The recovery in oil prices has also encouraged some US drillers to return to the wells

7 Sep 2020 6:03 AM GMT

Oil climbs as Trump lays out reopening of virus-hit US. (AFP Photo)

Oil jumps after Trump lays out plan for reopening of virus-hit US

Oil markets tracked a rise in Asian stock markets and on Wall Street overnight

17 April 2020 3:33 AM GMT

International Energy Agency sees record 2020 oil demand fall due to coronavirus. ()

Corona effect: Record fall in global oil demand

Measures taken to bolster the global economy and to reduce oil supply should allow a "gradual" recovery

15 April 2020 11:08 AM GMT

Record oil output cuts fail to make waves in coronavirus-hit market. (AFP photo)

Oil prices rise amid hopes for US deeper output cuts

United States is reducing output as well and other countries are taking estimated cut in production to about 19.5...

14 April 2020 5:57 AM GMT

Top oil producers agree historic cuts due to coronavirus crisis. (AFP Photo)

OPEC, Russia approve biggest ever oil cut amid coronavirus

In the compromise reached they agreed to a cut of 9.7 million barrels per day from May

13 April 2020 3:29 AM GMT

US senators press Saudi officers to place oil minimize in movement. (AP PHOTO)

US senators urge Saudi officers to take concrete action to cut oil...

Saudi Arabia and Russia were close to finalizing a deal to cut crude output by a record 10 million barrels per day

12 April 2020 4:09 AM GMT