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By the first half of June 2020, India's fuel demand was 80–85% of what it was before the lockdown. However the Indian oil minister said that it would take a much longer time for the growth in demand to be restored to pre-COVID-19 levels. [225] Oil prices dropped sharply in 2020 following the COVID-19 pandemic. Demand also fell sharply.
Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
Indian Prime Minister Narendra Modi's televised address about Coronavirus on 19 March 2020 Modi's address about COVID-19 on 24 March 2020. On 19 March, during a 30-minute live telecast, Indian Prime Minister Narendra Modi asked all citizens to observe a 'Janata Curfew' (people's curfew) from 7 am to 9 pm on 22 March. During this curfew he asked ...
Stock market news live updates: Stocks rise to recover from bear market brink. ... 4:02 p.m. ET: Stocks jump to recover after longest weekly losing streak since 2001: S&P 500 gains 1.9%, Dow adds ...
The Reserve Bank of India announced that it would conduct $1.35 billion in open market purchases of government bonds, [351] the Bank of Korea announced that it would conduct a ₩1 trillion ($793.5 million) repo auction the following day, [352] and the National Bank of Poland announced that it would conduct open market purchases of government ...
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The Tablighi Jamaat gathering emerged as one of India's major coronavirus hotspots, [34] On 18 April 2020, Central Government of India said that 4,291 cases (or 29.8% of the 14,378 confirmed cases of COVID-19 in India) were linked to the Tablighi Jamaat, and these cases were spread across 23 states and Union Territories.
Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq ...