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.

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

On a month-on-month basis, WPI inflation saw 1.57 per cent rise as compared to 4.17 per cent in February, the commerce ministry data shows. For January, the WPI inflation rate stood at 2.51 per cent

Most Asia-Pacific share indexes followed Wall Street higher, with Hong Kong's Hang Seng leading gains in the region, while benchmark US Treasury yields continued their decline, marking a fresh three-week low

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

The rollout of vaccines in January did bring back the confidence of travellers in India, but the optimism was short-lived as the second wave swept across the globe at a faster pace

Westlife Development, which operates McDonald's restaurants in the southern and western region in India, on Friday said the quick-service brand's restaurants will operate 24/7 for contactless delivery from select stores in Mumbai; India's second wave of coronavirus infections poses heightened risks for the country's fragile economic recovery and its banks, Fitch Ratings said on Friday; Prince Philip, the husband of Britain's Queen Elizabeth II, passed away at the age of 99 on Friday. Watch this and more on News Blast.Also Read: COVID 'negative' certificate necessary for IPL audience in Wankhede

Fuel demand contracts 9.1% in FY21; first since 1998-99India's fuel demand contracted by a massive 9.1 per cent in the financial year ended March 31, the first in more than two decades, as a stringent lockdown imposed to curb the spread of the pandemic pummelled economic activity, government data showed on Friday. This is the first time that the fuel consumption has contracted since 1998-99, the most historical year for which government data is available. The demand contraction was led by di...

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.

The blaze started on Wednesday afternoon, according to media reports, and Mexico's safety, energy and environment regulator ASEA said it was monitoring the situation

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

Baseline projections show a return of inflation to its long-term average as the remaining slack subsides only gradually and commodity-driven base effects fade away, IMF said.

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

Reliance Industries share price declined as much as 1.53 per cent lower at Rs 1990.70 apiece in early deals on the Bombay Stock Exchange on Monday

Shares of Reliance, SBI, Future Retail, Dalmia Bharat, Vedanta, SBI Cards will be in focus in Monday's trading session

It set the Arab light price for Asia at +$1.8/barrel versus Oman/Dubai average, at +$0.85/barrel versus ASCI for the U.S. and at -$2.4/barrel versus ICE Brent for Europe, the company said

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