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President Donald Trump speaks during a coronavirus task force briefing at the White House, Sunday, April 5, 2020, in Washington. (AP Photo)

Trump signals possible tariffs on oil imports amid low prices

Oil prices have dropped by about two-thirds this year as the COVID-19 pandemic has hammered demand

6 April 2020 10:17 AM IST

Indias March gold imports hit 6.5 year low

India's March gold imports hit 6.5 year low

The world's second biggest consumer of the precious metal imported 25 tonnes of gold in March, down from 93.24 tonnes a...

6 April 2020 9:47 AM IST

Representative Image (AFP)

Oil skids on oversupply fears, stocks jump on virus slowdown

Brent crude fell as much as $3 in Asian trading after Saudi Arabia and Russia postponed a meeting over a potential pact...

6 April 2020 9:31 AM IST

UAE doubles stimulus to counter coronavirus impact. (AFP)

UAE doubles stimulus to $70bn to combat coronavirus impact

Most of the new measures focused on easing financial and liquidity requirements for banks to free up cash for lending

5 April 2020 5:04 PM IST

Representative Image (PTI)

Multiplex Association appeals to landlords to waive rent of theatres

The association said they are seeing a "temporary relief" to ensure that cinema industry does not die an "instant death"

5 April 2020 4:34 PM IST

Oil Minister Dharmendra Pradhan. (Photo- PTI)

Pradhan speaks to US Energy Secretary on slump in fuel demand due to...

India's petrol sales have fallen 15.5 per cent in March, while diesel sale has slumped 24.2 per cent

5 April 2020 3:55 PM IST

FPIs pull out record Rs 1.1 lakh cr in March . (Photo- PTI)

Covid-19 mayhem: FPIs pull out record Rs 1.1 lakh cr in March

This is the highest withdrawal ever since the FPI data has been made available by the National Securities Depository Ltd

5 April 2020 3:16 PM IST

The International Monetary Fund. (Photo- AFP)

Covid19 outbreak: IMF likely to delay releasing of third tranche to...

Delay of the release of the third trance, will be likely due to the surfacing of new realities on the macroeconomic

5 April 2020 1:13 PM IST

Representative Image (PTI)

ONGC asks govt to cut cess, royalty, free gas price to help company...

While the gas price is way below the cost of production, high tax incidence is resulting in cash losses even on crude...

5 April 2020 12:49 PM IST

Tata Consultancy Services (Photo- Twitter)

Seven of top 10 companies lose Rs 2.82 lakh cr in m-cap

Tata Consultancy Services, HDFC Bank and Kotak Mahindra Bank taking the biggest hit

5 April 2020 11:07 AM IST

Salesmen at a chemist shop wear protective masks in wake of coronavirus outside Safdarjung Hospital in New Delhi. (Photo- PTI)

Pharma sector facing lockdown blues

With China being a key medical supplier, pharma industry is facing a crunch.

5 April 2020 10:13 AM IST

People waiting to file for unemplyement benefits 90. (Photo- PTI)

US small businesses seek USD 5.4 billion in virus relief loans

Friday was the first day the companies were able to apply for the money, intended in large part to help them pay...

5 April 2020 9:33 AM IST