Business

Brent crude was up 6 cents at $43.14 a barrel at 0046 GMT, after gaining 2.1% on Monday. U.S. oil was up 8 cents at $40.81 a barrel, having risen 1.8% in the previous session.

Earlier in the day, Ambani announced that Reliance Industries had become net debt-free after raising a record Rs 1.69 lakh crore from global investors and a rights issue in under 2 months.

Countries in Developing Asia will "barely grow" in 2020, as per the ADB forecast.

Fuel sales in the world's third biggest oil consuming nation had fallen to their lowest in 2007 as the government imposed a nationwide lockdown to prevent the spread of coronavirus.

During the first two months of the June quarter, a nationwide lockdown was in place aimed at controlling the spread of the coronavirus pandemic.

The finance minister chaired a meeting through video conference with major private banks and NBFCs to ensure effective roll out of ECLGS and uninterrupted/ smooth liquidity to MSMEs.

The industry has also asked for extension of the interest subvention scheme to the entire gems and jewellery sector, and providing level-playing field to foreign mining companies.

Natural gas mixed with condensate started flowing uncontrollably from one of the wells of the company-operated Baghjan fields in Tinsukia district of Assam on May 27, 2020, leading to a blowout. The well caught fire on June 8, killing two fire fighters an...

Some of the minor offences pertaining to investigation by market regulator SEBI have been proposed to be decriminalise, the Department of Economic Affairs under the Finance Ministry said while inviting comments of stakeholders by June 27 on three legislat...

In six hikes, petrol price has gone up by Rs 3.31 per litre and diesel by Rs 3.42.

Union minister Nitin Gadkari said that the MSP being higher than market price and international price will create a 'big economic crisis for the country.'

Ambani now holds 80.52 lakh shares or 0.12 per cent of RIL, up from 75 lakh shares held before the rights issue.

Analysts were expecting a 1.7 million-barrel decline, but the nation has increased imports in recent weeks, particularly from Saudi Arabia, while exports dropped to lows not seen since November.

The Wall Street bank sees downside risks in agricultural and energy markets, citing the recent strength as surprising given the massive inventory overhangs and depressed demand.

In a webinar with Swedish corporate representatives, including telecom gear maker Ericsson officials, on 'India's supply chain readiness, 5G use cases and security and lockdown scenarios', Kant said Ericsson's partnership with India started over 110 years...

The company's stock has hovered above the $2,000 mark through the pandemic, closing at $2,483 on Friday. Bezos is the firm's biggest insider shareholder, with more than 55 million shares.