by pallanus | Jul 10, 2020 | Business News
India’s fuel demand in June extended its recovery from a 13-year low hit in April, lifted by a pickup in activity as the economy gradually reopens from lockdown restrictions imposed to combat the coronavirus pandemic, government data showed on Thursday. Consumption of...
by pallanus | Jul 8, 2020 | Business News
Instability across the global information technology sector, which employs a large pool of fresh college graduates, has been laying off thousands of employees in the wake of the coronavirus pandemic. IT companies in India, too, have resorted to layoffs, though they...
by pallanus | Jul 7, 2020 | Business News
Palm oil demand in India, the world’s top edible oil importer, is set to plunge this year as coronavirus lockdowns slash food service sector demand and households opt for alternatives at the supermarket. India’s palm oil imports could plunge 20% from a year ago to 7.5...
by pallanus | Jul 6, 2020 | Business News
Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while US benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States. Brent crude LCOc1...
by pallanus | Jul 5, 2020 | Business News
Amid high border tension between India, China, the Confederation of All India Traders wrote to Union Minister Ravi Shankar Prasad demanding to ban HUAWEI & ZTE Corporation of China from participating in the 5G network rollout in India. The Huawei logo is seen on a...