Unlike last year, when kirana store owners came to the rescue of consumers, this time around they are battling with the fear of contracting the virus.

Launched with Conservation International and Goldman Sachs, this $200 million fund aims to remove at least 1 million metric tons of carbon dioxide annually from the atmosphere, which Apple claims is equivalent to the amount of fuel used by over 200,000 passenger vehicles

The second Covid wave is also expected to upset the RBI's inflation calculation as local lockdowns impact supply chain and logistics

The Production Linked Incentive Scheme aims to build an Indian manufacturing base across 13 key sectors. What works. What doesn't

Stocks in news : TCS, YES Bank, Magma Fincorp, CreditAccess Grameen, Vedanta and more

While the volume gains in January-March are attributable to low base of March 2020, there has also been a sequential recovery in demand across sectors.

Instead of the average monthly import order of 14.8 million barrels, the Indian state-run oil refiners have placed orders for just 9.5 million barrels of Saudi oil in May

While the RBI has kept the repo rate unchanged, hinting at short-term interest rates to remain low, the risk from ultra-loose monetary policy is certainly on the rise as the future inflation trajectory has an upward bias

The RBI had said two months ago that urban demand and demand for contact-intensive services are expected to strengthen with the substantial fall in COVID-19 cases but things have changed since then. Here's what the central bank will have to factor in while announcing GDP and inflation projections

The refiners - Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd - normally buy 14.8 million barrels of Saudi oil in a month

Despite the surge in cases, it said, the recovery in economy is resilient with sustained improvement in majority of high frequency indicators.

As per ICRA, at such low gas prices, gas production remains a loss-making proposition for most fields for the Indian upstream producers notwithstanding some decline in oil field services, equipment costs

The domestic gas price notified at $1.79 per million British thermal unit for the six months beginning April 1 remains the lowest since the institution of the modified Rangarajan formula

COVID-19 surge: Cannot rule out possibility of lockdown, says Uddhav Thackeray Maharashtra Chief Minister Uddhav Thackeray on Friday said he cannot rule out the possibility of a fresh lockdown if COVID-19 cases continue to rise in the state. While a lockdown is fatal, the state is caught in a peculiar situation where it has to look after the economy as well as save lives of people, he said. India strongly pitches for cuts in crude oil productionIndia on Friday strongly pitched for easing...

Spokesperson in the Ministry of External Affairs Arindam Bagchi also said that crude supply should be market determined rather than artificially managed

The RBI is trying its best to keep the interest rates low to support the economic recovery and also facilitate government's huge borrowing plan in 2021-22

When the Organisation of Oil Exporting Countries and Major Producers (OPEC+) extended the production cuts into April, India unsheathed that weapon

Global CEO of Hitachi ABB Power Grids, Claudio Facchin, and N. Venu, Managing Director, Hitachi ABB Power Grids India, talk about technological changes in the power sector and how they are helping countries meet their zero-carbon targets

A sharp increase in global crude oil prices has pushed retail rates of petrol and diesel to historic highs. Taxes are partly to be blamed, but reducing excise duties may not be easy for a cash-strapped government

Stock Market News Update Today: NTPC, HDFC Bank, HCL Tech, Infosys, Titan Company, Hindustan Unilever Ltd (HUL), Nestle India, ONGC, Dr Reddy's Laboratories, IndusInd Bank, Power Grid Corporation of India were among top Sensex gainers