LiveOil Drops Beyond Two-month Low on Bleak Short-Term Demand Outlook
There has been an observed decline in Oil levels since July, as recent indications note its lowest drop in intraday level by faltering demands and...
Category : ECONOMY
RBI Focuses on Neglected Districts in Priority Sector Loans
On Friday, the Reserve Bank of India (RBI) prioritized its guidelines in creating a system for Priority Sector Handling (PSL). This system will allow higher weightage to...
Diesel Demand Falls 12% in August as Local Lockdowns Stall Economic Recover
Diesel demand dropped 12 per cent in August over the previous month as local lockdowns, high prices and slower economic growth stalled the recovery. Petrol...
Turkey’s Economy Shrinks Nearly 10% in Q2
Turkey’s economy contracted by 9.9 per cent in the second quarter of the year from the previous three-month period in the wake of lockdown measures...
Rupee Posts Biggest Weekly Gain Against US dollar in 20 Months
The Indian rupee rose to its highest level in nearly six months on Friday, gaining for a third straight session as foreign investors piled into domestic equity...
Ola Electric to Hire 2000 People for Restructuring Organization
Ola Cab’s electric vehicle arm, Ola Electric Mobility Pvt. Ltd., planned to recruit around 2,000 people globally. The company aims to build electric vehicles across segments...
Adani Group Ready to Dominate Civil Aviation Sector
Adani Enterprises Ltd. (AEL) is all set to become India’s largest private airport operator. The Group has its dominating presence in current businesses of ports and...
Yes Bank’s New CEO Talks Focus on Risk, Governance Following Bailout
Chief executive and managing director Prashant Kumar have said that under its new management, Yes Bank has overhauled its risk and governance frameworks in order to sustain...
Mumbai Local Train’s Distance to Travel for Uran Reduce by 50%
The distance between Mumbai – Uran has been reduced by about a significant 40% to 50%, reveals a railway statement. The Indian Railways’ Central Railway...
M&M Widens Thar SUV’s Appeal to Add New Customers
To expand the customer base of Thar, a vehicle popular among off-road enthusiasts, Mahindra and Mahindra Ltd (M&M) have widened the appeal of the sports utility...