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Oil prices fell more than 2% on Thursday on worries about slow demand growth with coronavirus cases rising. (AFP Photo)

Oil prices drop on concerns about slow demand, record US stocks

At the same time, gasoline stockpiles grew more than expected to 258.7 million barrels

11 Jun 2020 8:48 AM IST

PNB collected Rs 268 cr as ATM transaction charges, annual maintenance fee in FY20. (PTI Photo)

PNB collected Rs 268 crore as ATM transaction charges, annual...

The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit...

10 Jun 2020 3:56 PM IST

Government undertakes skill mapping to help guest workers get work opportunities closer to homes . (AFP Photo)

Centre launches skill mapping of guest workers to provide jobs within...

The initiative will help both companies and workers, said government authorities

10 Jun 2020 3:34 PM IST

Secretary General of the Organisation for Economic Co-operation and Development (OECD), Jose Angel Gurria. Global economy to contract at least 6% in 2020, says OECD. (AP Photo)

OECD sees global economy contracting at least 6% in 2020

By the end of 2021, the loss of income exceeds that of any previous recession over last 100 years outside wartime, says...

10 Jun 2020 2:35 PM IST

Chinese companies are putting off plans for U.S. listings as tensions between the worlds top two economies rise. (AFP Photo)

Chinese companies put US listing plans on ice as tensions mount

Many companies that reported plans for US listings to China's securities regulator are now targeting exchanges nearer to...

10 Jun 2020 2:25 PM IST

Parle-G records best sales during COVID-19 lockdown. (Photo- Twitter)

India's favourite biscuit Parle-G records highest sales during...

The company has gained a market share of around 5 per cent in the highly competitive biscuit segment, helped by Parle-G...

10 Jun 2020 1:00 PM IST

Indian firm Panacea aims to make COVID-19 vaccine. (AFP Photo)

Panacea Biotech to partner with US firm Refana for COVID-19 vaccine

The collaboration aims to make more than 500 million doses of vaccine candidate, with over 40 million doses to be...

10 Jun 2020 12:07 PM IST

Global gas demand on course for biggest annual fall on record. (AFP Photo)

Global gas demand set for largest decline on record in 2020, says IEA

Global gas demand is expected to fall by 4% or 150 billion cubic metres twice the size of drop following 2008 global...

10 Jun 2020 11:39 AM IST

Petrol price hiked by 40 paise/litre, diesel by 45 paise. (PTI Photo)

In four hikes, petrol price go up by Rs 2.14 per litre, diesel by Rs...

Oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus

10 Jun 2020 9:51 AM IST

Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half. (AFP Photo)

Airlines heading for $84 billion loss in 2020, says IATA

With most of the world's airliners currently parked, IATA said revenue would likely fall to $419 billion from $838...

10 Jun 2020 9:18 AM IST

Oil drops after US inventory build oversupply concerns. (AFP Photo)

Oil drops after jump in US crude stockpiles, renews oversupply...

Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase

10 Jun 2020 9:12 AM IST

At 52 percent each responded Food and Grocery and Apparel and Clothing continue to top consumer wish lists

No enthusiasm among consumers for post lockdown shopping , survey...

Consumers in the survey exhibited symptoms of caution and conservatism as they were asked to evaluate if, how, when they...

9 Jun 2020 8:34 PM IST