Price of crude oil fell because of fall in consumption due to Covid-19 outbreak and price war between Saudi Arabia & Russia, that forced other producers to slash prices.
After the oil-price slump of the mid-1980s, it took two decades for prices to return to their previous levels — longer if you build in the effects of inflation.
The global oil slump has given Modi govt the cushion to hike fuel taxes to meet revenue shortfalls. But retail fuel prices still hover around pre-Covid-19 levels.
From first global Covid-19 casualty for aviation industry to likely higher toll in Latin American countries — ThePrint brings you 8 important global stories linked to Covid-19.
News channels were also in two minds about removing stray dogs to the government dog pounds. NDTV took credit for it and CNN-News 18 called ‘controversial order’.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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