1. Business & Economy

Business & Economy

Business & Economy

Lockdown puts India in similar position that led to US oil WTI crash

April 23, 2020 New Delhi: India is staring at a WTI moment with refiners flooding the market with petroleum products that has not enough takers in the absence of demand in the present lockdown and…

Business & Economy

US oil prices turn negative for the first time in history

April 21, 2020 New York: US oil prices turned negative on Monday for the time in history. West Texas Intermediate crude for May delivery shed more than 300 per cent to settle at -37.63 USD…

Business & Economy

11 industrial units to begin operations in UP from today

April 20, 2020 Lucknow:Eleven industries will restart operations in Uttar Pradesh from Monday, subject to conditions. These include steel, refineries, cement, chemicals, fertilizers, garments (excluding apparel), foundries, paper, tyre, common effluent treatment plants and sugar…

Govt releases list of economic activities to begin from Monday

April 19, 2020 New Delhi: The Union Home Ministry has released a new list of services and activities which are being allowed to open from Monday. The exemption will be applicable from April 20, in…

Chinese investment under scanner, as Govt tweaks law post Covid

April 18, 2020 New Delhi: In a move presumably aimed at blocking China and its companies from opportunistic takeovers of Indian companies due to the Covid pandemic and subsequent crisis, India has clarified that foreign…

RBI unleashes more firepower; cuts Reverse repo; initiates TLTRO 2.0

April 17, 2020 New Delhi: To mitigate any economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announc ed a set of new measures including a reduction in…

Real estate sentiments at record low amid corona crisis: Report

Mumbai, April 16 (IANS) The sentiment in the real estate market is at an all time low amid the coroanvirus crisis, said an industry report on Thursday. With the Covid-19 crisis playing havoc on the…

Business & Economy

Rupee hits new record low of 76.82/$

April 16, 2020 Mumbai: The Indian currency continued to tumble on Thursday as it touched a fresh all-time low of 76.82 per dollar. Currently, rupee is trading around 76.72 per dollar, weaker by 0.36 per…

Business & Economy

Post-Covid-19: Resurgence of Swadeshi?

By Shivaji Sarkar April 15, 2020 New Delhi:The world is in a lockdown. India is competing with others to force its people to stay home. Where it fails, the cops step in and become the…

People’s Bank of China acquires 1% stake in HDFC

April 12, 2020 New Delhi: In a major development for the Indian financial sector, the People’s Bank of China has taken up 1.01 per cent stake in the lending major Housing Development Finance Corporation (HDFC).…

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