Can India attract China-wary oil majors?

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THE ECONOMIC TIMESDaily Newsletter Sun, Jun 07, 2020 | 06:11 PM IST

#Coronavirus#EconomyTracker#Whatsbuzzing

Top stories of the day India's biggest asset sale could attract China-wary oil majors Nations, including the US are coming together to counter China's growing threat to global trade.... Gross direct tax mop up dips 4.92% to Rs 12.33 lakh crore in FY20 No better time to bet on India than now, says billionaire Adani BS-VI compliant vehicles to display green sticker From rescue to recovery: Inside the fight for survival Saudi Arabia's oil exports plunge $11 bn in 1st quarter Pak sees highest inflation globally during 2020: SBP Sebi bars Greencrest Financials, directors from capital markets for 3 years

Debate This Can India do without China in a post-Covid world? India has again found itself in an eyeball-to-eyeball confrontation with China. The new standoff comes at a time when India was hoping to make some inroads into Chinese dominance of global supply chains in a post-Covid world. But with its own domestic markets flooded with Chinese products, and a high dependency on Chinese imports to run its own factories, can India afford to antagonise its giant neighbour?

SENSEX 34287.24 306.54 NIFTY 50 10142.15 113.05 USD/INR 75.58 0.01

Top Gainers NSE 24 companies (largecap) appreciated more than 5% Tata Motors 12.44% Tata Motors (dvr) 11.39% More from Gainers Top Losers NSE 2 companies (largecap) price decreased more than -3% SRF -3.89% IGL -3.17% More from Losers

More From our Partners Meet woman bosses who are revolutionising start-up ecosystem Reforming the pet-care industry in India and making citizens' voices heard on laws and regulations, Devanshi Shah and Antaraa Vasudev are revolutionising the start-up ecosystem.

AstraZeneca, Gilead talk fuels rumour of biggest healthcare deal on record AstraZeneca, valued at $140 billion, is the U.K.'s biggest drugmaker by market capitalization and has developed treat... Two-wheeler segment may see double digit sales dip this fiscal: HMSI Sebi censures Astrazeneca Pharma's promoter, Elliot Group Kotak tells banks how to survive the coming storm of defaults Delhi to open its malls, restaurants and temples from tomorrow China sticks to its guns, absolves itself of all Covid blame Delhi lifts 'special corona fee' on liquor from June 10, but raises VAT Can Saudi Arabia's Crown Prince fix his mistakes?

More From our Partners This is how advertisers are engaging new-age users online

Top Slideshow Unlock 1: Here is list of dos & don'ts Top Video Indo-China to resolve row through talks

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Lockdown, Day 75: Back to business

CORONAVIRUS UPDATES 7 Jun, 2020 | 06:08 PM IST SENSEX 34,287 +306.54 NIFTY 50 10,142 +113.05 Gold 45,737 -959.00 USD/INR 75.58 +0.01

Lockdown, Day 75: Back to business China today issued a white paper denying responsibility for the Wuhan bungle, even as anger grows over its Covid cover-up. Meanwhile, with India set to reopen, businesses are looking to strike a balance between selling stuff and following distancing norms. At your favourite mall, AC temperature won't be the only thing that'll see a big change. For avid mall-hoppers, there are quite a few things that may never be the same again. Here are the other big news of the day... COUNT SO FAR Bihar count nears 5,000 Gurgaon tally nears 1,800 Haryana count crosses 4,000 Meghalaya tally rises to 34 Manipur reports 15 new cases 33 Maharashtra cops dead, over 2,560 infected Assam reports 92 new cases, tally rises to 2,565 74 new cases in Chhattisgarh, tally rises to 997 Thane reports 124 new cases, tally climbs to 3,919 Andhra Pradesh reports 130 new cases, tally rises to 3,718 World India Tally Toll Tally Toll 69,16,233 4,00,135 2,46,628 6,929 LIFE AND HEALTH Delhi to open its borders from tomorrow Central govt hospitals open for all in Delhi Delhi govt and private hospitals to be reserved for Delhites Culture Ministry okays opening of over 3,000 ASI monuments Delhi govt lifts 'special corona fee' on liquor from June 10 BUSINESS AND ECONOMY Gross direct tax mop up dips 4.92% in FY20 FPIs invest Rs 18,589 cr in 1st week of June Equity MFs give 25% returns during lockdown IOC says Unlock 1.0 could revive fuel sales Karnataka Bank Q4 net falls 56% to Rs 27 crore Huge job losses if demand remains weak, says ACMA HUL to focus on e-commerce, modern trade channels Cargo volume at major ports drops 22 pc in April-May Two-wheeler segment may see double digit sales dip, says HMSI GLOBAL ECONOMY OPEC extends nearly 10M barrel cut by a month Pakistan sees highest inflation globally during 2020 Emirates, Etihad extend temporary salary cuts to September Saudi Arabia's oil exports plunge $11 billion in first quarter AROUND THE WORLD China reports 11 new cases Germany reports 301 new cases Russia reports 8,984 new cases Mexico reports 3,593 new cases South Korea reports 57 new cases Thailand reports eight new cases Global death toll passes 4,00,000 Pakistan's death toll crosses 2,000 Brazil reports 904 deaths in 24 hours US records 749 virus deaths in past 24 hours DEBATE THIS Can India do without China in a post-Covid world? Tell us HERE

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