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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Indian consumers face post-election fuel price shock, economy could be...

India's oil import bill rose by nearly one-third in the fiscal year ending Mar 31 to USD 140.5 bn, against USD 108 bn.

27 April 2019 11:26 AM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

FinMin ratifies 8.65 per cent interest on EPF for 2018-19

Earlier in Feb, EPFO's apex decision making body Central Board of Trustees had decided to raise interest rate on EPF to...

26 April 2019 6:22 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises 23 paise to 70.02 vs USD as crude oil recedes from 6-month...

At the interbank foreign exchange market, the domestic unit opened at 70.12 and advanced to a high of 69.97 during the...

26 April 2019 6:00 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures fall by Rs 70 amid weak trend overseas

The oil for delivery in June also fell by Rs 64, or 1.37 per cent, to Rs 4,592 a barrel in 695 lots.

26 April 2019 4:15 PM IST

We expect the global leaders will understand our requirements, Petroleum Minister Dharmendra Pradhan said.(Photo: File | PTI)

India's crude oil production falls by 4.15 pc in 2018-19

Falling domestic crude oil production has pushed up India's oil imports to nearly 84 per cent of total consumption.

26 April 2019 12:00 PM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)

Higher tariff in auction for mid-term PPA auction positive for power...

Government had brought the scheme to give relief to coal-fired power plants which were operational but starving for...

25 April 2019 7:34 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee dives to 6-week low as crude spikes above USD 75 per barrel

Besides, a strengthening dollar against some major currencies also weighed on the Rupee, forex dealers said.

25 April 2019 6:46 PM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

TPCI to partner US Embassy to promote 'Select USA 2019' investment...

The summit, dedicated to promote foreign direct investment in America, will be held from June 10-12 in Washington DC.

25 April 2019 4:38 PM IST

With 304 investments worth about $1 billion, the Information Technology and IT-enabled services industry was most favoured by VC investors during 2016.

PE/VC fund inflows cross USD 7 billion mark in March: Report

Brookfields USD 1.9 billion buyout of RILs East-West Pipeline was the largest deal during the month.

25 April 2019 4:08 PM IST

Most of these are specced out decently to go through basic laptop stuff such as typing, web browsing and light multimedia usage, without breaking a sweat. (Photo: Pexels)

Internet users in India to rise by 40 pc, smartphones to double by...

Indians consume 8.3 gigabits (GB) of data each month on average, compared with 5.5 GB for mobile users in China.

25 April 2019 3:26 PM IST

Those arrested are Vijay Shekhar Sharmas woman secretary, her husband Roopak Jain and another Paytm employee Devnedra Kumar. (Photo: blog.paytm.com)

India's data should be 'stringently domiciled': Vijay Shekhar Sharma

Paytm, in the past too, has supported the view that critical data like financial transactions need to be stored locally.

25 April 2019 1:00 PM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

FinMin brings in changes in e-way bill system to check GST evasion

Electronic way or e way bill was rolled out in 2018, for moving goods worth over Rs 50,000 from one state to another.

24 April 2019 8:51 PM IST