Oil prices may rise, could hit economy, users: IEA – Times of India

[ad_1] PARIS: The International Energy Agency (IEA) on Tuesday said that oil prices are expected to increase from current levels of around $85 a barrel due to the recent decision by Opec+ to reduce production and warned that it could “put a burden” on the Indian economy and consumers.The agency, which tracks energy markets in … Read more

Output of eight key infra sectors record almost flat growth at 6% in February – Times of India

[ad_1] NEW DELHI: Production of eight infrastructure sectors recorded an almost flat growth rate of 6 per cent in February as against 5.9 per cent in the same month last year, according to official data released on Friday.The growth in February is lowest in the last three months.The output of core sectors had increased by … Read more