The NSE Nifty 50 index closed 3.05% higher at 9,266.75, while the benchmark S&P BSE Sensex rose 3.22% to 31,588.60. Both the indexes finished the holiday-shortened week more than 1% higher.

The rupee declined in line with emerging market peers amid worries of a steep global recession due to the pandemic and hit a record low of 76.82 against the dollar.

The government of India plans to move 19 mbl of oil into its strategic petroleum reserves (SPR) by the end of May 2020,

India's coal import in March stood at 15.74 million tonnes (MT), down 27.5 per cent over last year,

Asia's markets in Seoul, Shanghai and Hong Kong opened higher, then pared gains.

Many manufacturing operations in India were forced to halt to contain the spread of the virus and production has seen a decline, especially among automakers, with the outbreak affecting supply chains.

Stocks have rallied since the start of last week but remain down more than 20% for the quarter.

Pakistan has long-term contracts for the import of eight LNG cargoes per month on a take-or-pay basis, and out of these five are from Qatar, a government spokesman said, adding that the Qatari volumes had been reduced to three cargoes for April through mutual discussion, without invoking any force majeure.

gas prices in Europe and Asia have collapsed to record lows, while the U.S. Henry Hub benchmark tumbled to its lowest since 1995.

As for last year's production volumes, we produced 500.1 billion cubic meters of gas and exported 199.3 billion cubic meters. The latter figure is slightly lower than in 2018, which was marked by a record 201.8 billion cubic meters. We also preserved our share in the European market at 35.6 per cent.

India intends to solarize its digital future. It became a world leader in the fight against climate change when Prime Minister Modi launched the International Solar Alliance with 121 member countries ahead of the Paris Agreement in 2015, with the primary objective to work for efficient exploitation of solar energy to reduce dependence on fossil fuels.

The average LNG price for May delivery into northeast Asia LNG-AS was estimated at $3.50 per million British thermal units (mmBtu), up 20 cents from the previous week,

India’s coal imports registered a decline of 14.1 per cent to 17.01 million tonnes (MT) in February

Alexey Likhachev, Director General of ROSATOM met with Prime Minister Sheikh Hasina Wazed in the People's Republic of Bangladesh. During the meeting, the Parties discussed issues of bilateral cooperation while development and use of nuclear energy for peaceful purposes.

The rapid growth of nuclear in India is illustrated by the construction of 21 nuclear reactors to increase the power generation to 15,7 GW by 2031 in Mahi Banswara, Gorakhpur, Kudankulam, Rawatbhata, Kakrapar, Chutka-Madhya, and Kalpakkam (Fast Breeder).