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Experts trying to cap gas-bearing well no-9 at Oil and Natural Gas Commissions Konaban site in Tripura. Oil and Natural Gas Corp (ONGC) has warned that the COVID-19 pandemic will impact the speed of execution of its projects. (PTI Photo)

ONGC may rationalise capex after COVID-19 impacts project execution

About 9 percent of the company's natural gas output was impacted by inability of customers to take supplies due to...

21 Jun 2020 12:37 PM IST

Diesel price on Sunday hit a fresh record high after rates were hiked by 60 paise per litre while petrol price was up 35 paise. (PTI Phoá¹o)

Fuel rates hiked for 15th day; Diesel price hits record high, petrol...

Out of the total tax incidence of Rs 49.43 per litre, Rs 31.83 is by way of central excise and Rs 17.60 is VAT

21 Jun 2020 11:45 AM IST

government has extended the Rs 50 lakh insurance scheme for about 22 lakh healthcare providers. (PTI Photo)

Government Rs 50 lakh Covid cover for healthworkers extended till...

The scheme implemented by New India Assurance was to end on June 30 as part of Rs 1.70 lakh Pradhan Mantri Garib Kalyan...

21 Jun 2020 9:56 AM IST

Amazon.com Inc has secured clearance to deliver alcohol in West Bengal. (AFP Photo)

Amazon gets nod for liquor delivery in West Bengal

Alibaba-backed Indian grocery venture BigBasket has also won approval to deliver alcohol in the state, the notice said

21 Jun 2020 9:12 AM IST

Crude oil imports fell to 14.61 million tonnes. (AP Photo)

India's May crude oil imports post biggest decline since at least 2005

Oil products imports eased 0.8% to 3.57 million tonnes year-on-year, while exports rose by 5.9% to 5.75 million tonnes

21 Jun 2020 9:10 AM IST

ICICI Bank offloads 3.96% equity in ICICI Lombard General Insurance. (PTI Photo)

ICICI Bank sells 3.96% stake in ICICI Lombard for Rs 2250 crore

Following this, the bank's shareholding in ICICI Lombard General Insurance stands at 51.9%, it said in regulatory...

19 Jun 2020 3:52 PM IST

Indias electricity generation during the first half of June fell at a slightly faster rate than in May. (AFP Photo)

Electricity output falls sharply in first half of June

Power generation fell 14.5% in the first 15 days of June compared with a 14.3% fall in May

19 Jun 2020 2:57 PM IST

Indian house prices will fall for the first time in at least a decade in 2020. (AFP Photo)

House prices to fall in 2020 for first time in at least a decade: Poll

Several housing projects stalled as reverse migration of large swathes of construction workers out of major cities leads...

19 Jun 2020 2:32 PM IST

Boycott call may impact Chinese exports worth USD 17 bilion. (PTI Photo)

Boycott China Products: Ban may impact Chinese exports worth $17...

The Confederation of All India Traders has written an open letter to celebrities, asking them to stop endorsing made-in...

19 Jun 2020 1:50 PM IST

Chairman of Tata Sons and Tata Motors, Natarajan Chandrasekaran. Moodys downgrades Tata Motors to B1. (AFP Photo)

Moody's downgrades Tata Motors to B1, changes outlook to negative

TML's credit profile was already under pressure due to lower auto sales and falling demand in key markets even prior to...

19 Jun 2020 1:04 PM IST

Reliance Industries and Jio Platforms on Thursday announced an investment of Rs 11,367 crore by Saudi Arabias Public Investment Fund. (PTI Photo)

Saudi Arabia's Public Investment Fund to invest Rs 11,367 crore in Jio...

PIF's investment will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis

19 Jun 2020 11:22 AM IST

Petrol price on Friday was hiked by 56 paise per litre and diesel by 63 paise a litre. (PTI Photo)

Fuel price hike: In 13 days, petrol and diesel prices hiked by more...

Petrol price hiked by 56 paise per litre and diesel by 63 paise a litre on Friday

19 Jun 2020 10:36 AM IST