Volumes in the first quarter of 2020-21 dropped to around Rs 7,500 crore from close to Rs 50,300 crore in the same quarter of the previous year, rating agency ICRA said in a report.
Fuel sales had fallen by a record 45.8 percent in April when a nationwide lockdown was in place to check the coronavirus infections.
Favipiravir is the only oral anti-viral treatment approved in India for the potential treatment of patients with mild to moderate Covid-19 disease, the company said.
The Association has requested the government for waiver of taxes, deferment of motor insurance, extensions of moratorium & waiver of interest among others.
"The passengers who were mostly students flew home by the chartered flight en route Moscow - Amritsar - Kochi with the assistance of Embassy of India in Moscow, Russia and Nixtour India Private Limited," the airline said in a press release.
The company said its business has picked up progressively in tier 2, 3, 4 cities where the demand conditions were better, while in metros and some tier 1 cities, the pace of recovery is slow.
The world's second-biggest consumer of the precious metal imported around 30 tonnes of gold in July, down from 39.66 tonnes a year ago, the source said.
Economist said the moratorium data is not "significantly perturbing" but hit out against the "spate of unplanned and unintelligent lockdown mania" in many pockets.
The manufacturing will be undertaken at CP Pharmaceuticals, a subsidiary of the company based in North Wales, Wockhardt said in a statement.
The country went into a complete lockdown in March-end to check the spread of coronavirus and the government started giving relaxations in lockdown guidelines towards the April-end by gradually opening up economic activities.
The arrangement brings the Trump administration’s investment in coronavirus vaccine projects to more than $8 billion. The head of the federal effort is a former GSK executive
As part of the deal, Wockhardt will fill Oxford's coronavirus vaccine manufactured by AstraZeneca in vials at its plant before shipping it out for vaccination.
On March 7, the regulator had invited applications for these positions as part of its plan to beef up the headcount for faster and more effective execution of its job.
Restaurants presently pay 20 percent of order value as commission on an average, besides each also offering discounts as they deem fit.
Vaccine nationalism has emerged as a real threat for our ability to collectively end the COVID-19 pandemic.
Maharashtra has more than 75 malls, with almost 50 percent spread across Mumbai MMR, Thane, Kalyan, Navi Mumbai Dombivli, etc.
The Serum Institute is doing what a few other companies in the race for a vaccine are doing: mass-producing hundreds of millions of doses of a vaccine candidate that is still in trials and might not even work
In the three months until June 30, Britain's luxury carmaker said the UK market was particularly impacted by the pandemic with sales down 69.5 percent.
In a sense, remote work during a pandemic is not actual remote work. It’s made much harder by the circumstances of the crisis
Subbarao was speaking at a virtual event to release a book titled 'Quest for Restoring Financial Stability in India' by former RBI Deputy Governor Viral V Acharya.
In a conversation with Congress leader Rahul Gandhi, Yunus called for making a new beginning towards a system that will create space for the informal and rural economy and all sections of society.
Around 8 lakh doses are expected to be available in the country in August as new manufacturers are getting ready to enter the market with their generic versions.
Rahul Chhabra, secretary (economic relations) to the MEA said that the COVID-19 pandemic is like a 'black swan' event which has caused the fastest decline in global output in history.
Last month's rise in consumer spending followed a seasonally adjusted 8.5 percent surge in May after spending had plunged the previous two months when the pandemic shuttered businesses, caused tens of millions of layoffs and sent the economy into a recession.
Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40 percent of industrial output, contracted 24.6 percent in the three months through June - the first quarter of the fiscal year - from a year earlier, the data showed.