A power crisis in India that’s delivering hours-long blackouts , halting manufacturing lines and triggering street protests is forecast to continue for months, adding pressure on the nation’s economic rebound. Continue Reading
India defended its continued purchases of Russian oil on Wednesday , saying they were part of its long-standing effort to diversify its supplies and arguing a sudden halt to imports Continue Reading
Hong Kong’s retail sales plummeted 13.8% in March, the first back-to-back contraction in more than a year as stringent virus restrictions weighed heavily on the economy and crushed consumer spending. Continue Reading
Activity in China’s services sector fell in April to its weakest level since the early days of the pandemic, according to one indicator, as lockdowns aimed at containing Covid-19 shut Continue Reading
The European Commission on Wednesday proposed one of the most sweeping changes to global energy flows in history. But the oil price barely responded. Brent, the international benchmark, rose 3.8 Continue Reading
India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn away, according to people with Continue Reading
India registered about 475,000 more total deaths in 2020 than the previous year, government data released months ahead of schedule on Tuesday showed, as the World Health Organization readies its Continue Reading
India this year experienced its hottest March in 12 decades of records, and one of its driest. Next came the third-hottest April, after 2010 and 2016. Then it got even Continue Reading
India is boosting coal production to record highs in an effort to overcome a fuel shortage that has strained the power supply, leading to blackouts during a searing heatwave on Continue Reading
Output may decline by 5 million-6 million mt: government estimates Heat waves seen hitting yields in key states like Punjab, Haryana Dwindling output may limit export opportunity India’s wheat output Continue Reading
