Coal India’s dispatches drop, output increases

Inventories rise at mines, power plants India’s largest coal producer Coal India Ltd. (CIL) has seen a 10% fall in dispatches in March 2020 due to a sharp fall in demand from the power sector, leading to an increase in inventories both at power plants and coal mines. This comes amid production rising up 6.5% to 84.4 million tonnes (MT). […]

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As petro demand declines, IOC cuts refinery throughput

Firm to raise LPG output; no need for panic-booking, it says India’s largest fuel retailer Indian Oil Corporation (IOC) has cut down the throughput from its refineries across the country by almost 30% as the demand for petroleum products such as petrol, diesel, aviation turbine fuel (ATF), fuel oil and bitumen, has reduced substantially following the outbreak of COVID-19 in […]

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Auto firms halt on COVID-19

Jobs and salaries will be protected, the firms say With many districts under a lockdown across the country amid efforts to stop the spread of COVID-19, automobile and auto component makers are temporarily shutting down their manufacturing plants. Industry bodies for the sector — Society of Indian Automobile Manufacturers (SIAM) and Auto Component Manufacturers Association of India (ACMA) — have […]

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Coronavirus | Soap makers reduce prices, increase production

HUL has also ramped up the production of Lifebuoy sanitizers, Lifebuoy Handwash liquid and Domex Floor Cleaners FMCG players like HUL, Godrej Consumer and Patanjali said they are helping fight the Covid-19 outbreak by reducing the prices of soaps, hygiene products and ramping up production of these items. Market leader Hindustan Unilever Ltd (HUL) on Friday committed ₹100 crore to […]

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Keep your insurance policies well serviced

It is your duty to renew policies on time, keep documents safe, assign nominees In this column, over the past year, we saw how to buy various types of insurance policies including health insurance, life insurance, annuities, motor insurance and some property insurances. One way of looking at insurance is that the policy you buy is not the product. The […]

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