Top
Home ยป Business

Business - Page 106

Oil prices climbed on Tuesday as the easing of coronavirus lockdown measures across the globe lifted trader hopes for a swift recovery in demand. (APF Photo)Business
Oil prices rise as easing of lockdown spurs fuel demand

U.S. crude and gasoline inventories are estimated to have fallen by 1.5 million barrels and about 100,000 barrels...

9 Jun 2020 11:37 AM IST

Global economy to plunge into worst recession since WW-II, says World Bank. (AFP Photo)Business
World Bank says global economy to shrink 5.2%, worst recession since...

Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this...

9 Jun 2020 11:06 AM IST

Petrol price hiked by 54 paise per litre, diesel by 58 paise. (PTI Photo)Business
Fuel prices rise on 3rd day; Petrol hiked by 54 paise, diesel by 58...

Prices were raised by 60 paise per litre each on both petrol and diesel on Sunday as well as on Monday

9 Jun 2020 10:04 AM IST

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

India is considering raising import taxes on edible oils as the country seeks to become self-reliant by boosting local oilseed production. (AFP Photo)Business
India plans to hike edible oil import taxes to boost local supply

India currently levies 37.5% and 45% import tax respectively on crude and refined palm oil

9 Jun 2020 9:00 AM IST

US economy entered recession in February. (AP Photo)Business
US economy entered recession in February

US gross domestic product fell at a 4.8% annualized rate in the first three months of the year

9 Jun 2020 8:48 AM IST

In connection with the Yes Bank money laundering probe case, ED raids five premises of Cox and Kings in Mumbai. (PTI Photo)Business
Yes Bank money laundering case: ED raids five premises of Cox and...

Cox and Kings was one of the top borrowers of the bank and the latter had an exposure of about Rs 2,260 crore to the...

8 Jun 2020 4:08 PM IST

Reebok slams CrossFit in outrage over CEOs tweet. (Photo- Rx Review)Business
Reebok cancels partnership with CrossFit after CEO's 'Its FLOYD-19'...

Other affiliates like CrossFit Magnus also decided to cut ties with the Washington, DC-based global fitness organization

8 Jun 2020 3:37 PM IST

Reliance Industries shares jump nearly 3 percent on AIDA deal. (PTI Photo)Business
Reliance Industries shares jump nearly 3% on Abu Dhabi investment deal

Reliance Industries gained 2.74 per cent to touch a one-year high of Rs 1,624 on BSE

8 Jun 2020 2:43 PM IST

Airline sector unlikely to fully recover before 2023, says Moodys. (AFP Photo)Business
No full recovery in airline sector before 2023: Moody's

Many airlines have improved liquidity but at the cost of rising debt burdens

8 Jun 2020 12:03 PM IST

Fuel prices rise for second consecutive day. (PTI Photo)Business
Petrol, diesel prices hiked by 60 paise/litre for second day in row

Oil companies on Sunday raised prices by 60 paisa per litre on both petrol and diesel after ending a 83-day hiatus in...

8 Jun 2020 10:41 AM IST

Global shares advance on surprise recovery in US employment . (AFP Photo)Business
Global shares advance on surprise recovery in US employment

Labor Department's employment report showed that jobless rate falling to 13.3% last month from 14.7% in April, a...

8 Jun 2020 10:12 AM IST

X