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Indias fuel demand rose by nearly 50% in May from the previous month as the country eased coronavirus-led restrictions. (PTI Photo)

Fuel demand jumps nearly 50% in May as lockdown restrictions ease

Petrol and diesel sales in May, however, increased by 81.8% and 69.1% respectively from April

11 Jun 2020 11:14 AM IST

Petrol and diesel prices on Thursday were hiked by 60 paise per litre each. (PTI Photo)

Petrol, diesel gets costlier by 60 paise/litre each; 5th straight...

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax...

11 Jun 2020 10:05 AM IST

PNB collected Rs 268 cr as ATM transaction charges, annual maintenance fee in FY20. (PTI Photo)

PNB collected Rs 268 crore as ATM transaction charges, annual...

The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit...

10 Jun 2020 3:56 PM IST

Government undertakes skill mapping to help guest workers get work opportunities closer to homes . (AFP Photo)

Centre launches skill mapping of guest workers to provide jobs within...

The initiative will help both companies and workers, said government authorities

10 Jun 2020 3:34 PM IST

Global gas demand on course for biggest annual fall on record. (AFP Photo)

Global gas demand set for largest decline on record in 2020, says IEA

Global gas demand is expected to fall by 4% or 150 billion cubic metres twice the size of drop following 2008 global...

10 Jun 2020 11:39 AM IST

Petrol price hiked by 40 paise/litre, diesel by 45 paise. (PTI Photo)

In four hikes, petrol price go up by Rs 2.14 per litre, diesel by Rs...

Oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus

10 Jun 2020 9:51 AM IST

Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half. (AFP Photo)

Airlines heading for $84 billion loss in 2020, says IATA

With most of the world's airliners currently parked, IATA said revenue would likely fall to $419 billion from $838...

10 Jun 2020 9:18 AM IST

At 52 percent each responded Food and Grocery and Apparel and Clothing continue to top consumer wish lists

No enthusiasm among consumers for post lockdown shopping , survey...

Consumers in the survey exhibited symptoms of caution and conservatism as they were asked to evaluate if, how, when they...

9 Jun 2020 8:34 PM IST

Petrol price hiked by 54 paise per litre, diesel by 58 paise. (PTI Photo)

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

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

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

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

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

Airline sector unlikely to fully recover before 2023, says Moodys. (AFP Photo)

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