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AIIB approves USD 750 mn loan to India. (AFP Photo)

China-backed AIIB approves $750 million loan for India's COVID-19...

The support to India aims to ensure economic resilience to prevent long-term damage to the productive capacity of the...

17 Jun 2020 1:29 PM IST

Japans exports, imports sank in May amid pandemic fallout. (AFP Photo)

Japan's exports fall most since 2009 as virus hits US shipments

Overall imports fell 26.2% in the year to May, versus the median estimate for a 20.4% decrease, posting the biggest drop...

17 Jun 2020 9:24 AM IST

Indias fuel demand reaches 80-85% of pre-COVID levels. (AP Photo)

Fuel demand improves sharply in June as lockdown restrictions ease

Fuel consumption at 14.65 million tonnes in May was 47.4 per cent higher than April but 23.3 per cent lower than a year...

16 Jun 2020 4:36 PM IST

India received USD 51 billion in foreign investment in 2019. (PTI Photo)

Ninth largest recipient of FDI in 2019, India will continue to attract...

Investments from India are expected to decline in 2020, with largest MNEs revising their earnings down by 25% in early...

16 Jun 2020 12:19 PM IST

Iran could send two to three cargoes a month in regular gasoline sales to ally Venezuela. (AFP Photo)

Defying Trump, Iran aims to keep offloading gasoline glut to Venezuela

Iran has since April sent five tankers totalling about 1.5 million barrels to the leftist government of fuel-starved...

16 Jun 2020 9:20 AM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI inflation falls by 3.21% in May, food prices up

In fuel and power basket, deflation stood at 19.83 per cent in May, as against 10.12 per cent in the previous month

15 Jun 2020 1:16 PM IST

Petrol, diesel rates up by more than Rs 4 in 8 days. (PTI Photo)

Fuel prices rise on 8th day; Petrol hiked by 62 paise, diesel by 64...

In eight hikes, petrol price has gone up by Rs 4.52 per litre and diesel by Rs 4.64

14 Jun 2020 11:04 AM IST

An Indian ragpicker collects reusable material from a garbage dump. Coronavirus pandemic could plunge an extra 395 million people into extreme poverty. (AP Photo)

Economic fallout from COVID-19 could push more than billion into...

The outlook for the world's poorest looks grim unless governments do more and do it quickly, says a UNU report

12 Jun 2020 12:03 PM IST

Petrol price on Friday was hiked by 57 paise per litre and diesel by 59 paise a litre. (PTI Photo)

Petrol, diesel prices hiked by more than Rs 3 in six days

Rates have been increased across the country and vary in each state depending on the incidence of local sales tax or...

12 Jun 2020 9:46 AM IST

MSME and transport minister Nitin Gadkari. (PTI Photo)

Need viable solution says Gadkari, as MSP for agri crops higher than...

Government provided Rs 6,000 crore subsidy to export 60 lakh tonnes of sugar as the country is surplus in the sweetener,...

11 Jun 2020 4:13 PM IST

The Supreme Court Thursday termed as Â‘totally impermissible the demand by Department of Telecom for dues of Rs 4 lakh crore. (PTI Photo)

AGR dues: SC slams DoT's raising demand from PSUs, says it is totally...

The bench also asked private telecom operators to file affidavits giving details as to how they will pay the AGR dues

11 Jun 2020 3:03 PM IST

India has lifted an export ban on hydroxychloroquine, the anti-malarial drug. (AFP Photo)

India lifts export ban on hydroxychloroquine

Department of Pharmaceuticals banned the export of the drug in March as coronavirus outbreak disrupted supply chains

11 Jun 2020 2:00 PM IST