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<ul><li><keyword id="2210169" type="PERSON" weightage="20" keywordseo="Xiaomi-India">Xiaomi India</keyword> will donate ₹10 crore to the PM and states’ relief funds, while the rest will be in the form of masks and other material.</li><li>Xiaomi also partnered with Give India to raise ₹1 crore towards supplying hygiene kits for 20,000 families.</li><li>Earlier on March 24, Xiaomi announced a work from home policy and enforced safety measures in its stores and service centers.</li></ul>Xiaomi India pledged ₹15 crore donation to fight the <keyword id="1754604" type="PERSON" weightage="20" keywordseo="coronavirus">Coronavirus</keyword> pandemic in India. Of this, it will donate ₹10 crore to the PM’s relief funds and CM’s relief funds across various states, according to Xiaomi India MD Manu Kumar Jain. Further, Jain also <a href="https://twitter.com/XiaomiIndia/status/1244922355576528896">said</a> that his company will continue to donate face masks and protective suits to hospitals across states. “We will also be donating Hazmat suits to doctors across a few government hospitals like AIIMS, St. Johns,” <a href="https://www.businessinsider.in/india/news/chinese-smartphone-maker-xiaomi-to-donate-lakhs-of-n95-masks-for-coronavirus-outbreak/articleshow/74790923.cms">Xiaomi announced on March 24</a>. In addition to this, Xiaomi also donated N95 masks to government hospitals in Punjab, Karnataka and Delhi. Xiaomi to raise ₹1 crore for hygiene kits for 20,000 families Apart from masks and monetary donations, Xiaomi also announced that it is raising ₹1 crore to donate hygiene kits to 20,000 families across India. Xiaomi will be targeting families which don’t have access to soaps, sanitizers and masks. To this end, <a href="https://indiafightscorona.giveindia.org/support-families/">Xiaomi has partnered</a> with Give India, a non-profit online donation platform. The company is urging its fans and customers to donate towards this cause. Xiaomi’s pledge of ₹15 crore includes its own donations to the PM CARES fund and other state funds, the masks and other protective equipment and donations from its fans on the Give India platform. The company has also asked its employees to come forward and donate to central and state funds. Xiaomi enforces safety measures in its stores In addition to asking its employees to work from home, Xiaomi has also enforced a slew of safety measures in its stores and service centers. Customers who want to buy a Xiaomi smartphone can call up their nearest Mi Home store and place the order. As part of Xiaomi’s ‘Delivery on Call’ service, these stores will deliver the smartphone directly to the customer’s home. The staff in Mi Home stores wears masks at all times and keep their hands sanitized for walk-in customers. At its network of over 2,000 service centers, Xiaomi allows only four customers at any given point of time. This helps customers to maintain a healthy distance from others while getting their smartphone repaired. Apart from this, Xiaomi’s staff also uses masks, shoe covers, sterile gloves and sanitized hands while offering home service to its customers. It also sanitizes devices to ensure all possible modes of Coronavirus infection are clean. See also: <a href="https://www.businessinsider.in/india/news/chinese-smartphone-maker-xiaomi-to-donate-lakhs-of-n95-masks-for-coronavirus-outbreak/articleshow/74790923.cms">Chinese smartphone maker Xiaomi to donate N95 masks, Hazmat suits to help fight Coronavirus in India</a> <a href="https://www.businessinsider.in/india/news/iits-against-coronavirus-all-the-experiments-from-electrified-water-to-herbal-sanitizers-to-cheap-test-kits/articleshow/74788450.cms">IITs against Coronavirus — All the experiments from electrified water to herbal sanitizers to cheap test kits</a>

Xiaomi India pledges ₹15 crore donation towards fighting Coronavirus

<ul><li>Xiaomi will donate N95 masks to the state governments of Karnataka, Punjab and Delhi where the total <keyword id="1754604" type="PERSON" weightage="20" keywordseo="coronavirus">Coronavirus</keyword> cases are nearing the 100-mark.</li><li>It will also donate Hazmat suits to doctors in AIIMS and other government hospitals.</li><li>The company also announced several safety measures in its stores and service centers.</li><li><a href="https://www.businessinsider.in/searchresult.cms?query=coronavirus&amp;sortorder=effectivedate">Follow the comprehensive coverage of the Coronavirus pandemic and its impact, and other useful resources that can help you in the fight on Business Insider India</a>.</li></ul>Chinese smartphone maker Xiaomi announced that it will donate N95 masks and protective suits to various state governments in India to help fight Coronavirus. It also announced several measures to ensure the safety of its employees as well as customers. “Lakhs of N95 masks will be donated across state governments such as Karnataka, Punjab and Delhi government, government hospitals and state police starting this week,” Xiaomi India managing director Manu Kumar Jain said. “We will also be donating Hazmat suits to doctors across a few government hospitals like AIIMS, St. Johns,” he further added. According to the latest Counterpoint Research <a href="https://www.counterpointresearch.com/india-smartphone-share/">report</a>, Xiaomi is currently the leader in the Indian smartphone market with a share of 27%. Xiaomi announces safety measures in its stores and service centers Apart from implementing work from home policy for its employees, Xiaomi announced several safety measures it has taken in its stores and service centers. Customers who want to buy a <keyword id="2803650" type="PERSON" weightage="20" keywordseo="Xiaomi-smartphone">Xiaomi smartphone</keyword> can call up their nearest Mi Home store and place the order. As part of Xiaomi’s ‘Delivery on Call’ service, these stores will deliver the smartphone directly to the customer’s home. The staff in Mi Home stores wears masks at all times and keep their hands sanitized for walk-in customers. At its network of over 2,000 service centers, Xiaomi allows only four customers at any given point of time. This helps customers to maintain a healthy distance from others while getting their smartphone repaired. Apart from this, Xiaomi’s staff also uses masks, shoe covers, sterile gloves and sanitized hands while offering home service to its customers. It also sanitizes devices to ensure all possible modes of Coronavirus infection are clean. See also: <a href="https://www.businessinsider.in/india/news/iits-against-coronavirus-all-the-experiments-from-electrified-water-to-herbal-sanitizers-to-cheap-test-kits/articleshow/74788450.cms">IITs against Coronavirus — All the experiments from electrified water to herbal sanitizers to cheap test kits</a> <a href="https://www.businessinsider.in/india-can-double-coronavirus-test-kits-to-200000-in-a-week-thanks-to-pune-based-mylabs/articleshow/74787231.cms">India can double coronavirus test kits to 200,000 in a week, thanks to Pune-based Mylabs</a> <a href="https://www.businessinsider.in/india/news/coranavirus-cases-in-delhi-news-and-updates/articleshow/74773842.cms">The third stage of coronavirus spread in India can be delayed but not stopped, says ICMR</a>

Chinese smartphone maker Xiaomi to donate N95 masks, Hazmat suits to help fight Coronavirus in India

New Delhi, Mar 31 () Chinese electronics major Xiaomi on Tuesday pledged Rs 15 crore contribution towards India's fight against COVID-19. Of this, Xiaomi will donate Rs 10 crore to the PM's relief fund and CM Relief Funds across various states, a statement said. Also, the company will continue to donate face masks and protective suits to hospitals across various states.The company has partnered with Give India on Mi.com to raise Rs 1 crore to make available hygiene kits for 20,000 families who do not have access to soaps, sanitizers and masks. It is also partnering with other NGOs to extend support to daily wage workers, migrants and stray animals."At Xiaomi, we are pledging Rs 15 crore for the fight against COVID-19 outbreak...Unity shines in times of adversity. We request all our Mi Fans to also come forward and donate on Mi.com or directly to PM relief fund/CM relief funds," Xiaomi India Managing Director Manu Jain said adding that over 1,000 Xiaomi employees as well as partners have been requested to donate to the cause.Corporate India has been rushing in to help the government and citizens fight the covid-19 pandemic in India. Tata Trusts &amp; Tata group together have pledged Rs 1,500 crore - by far the highest by any corporate. Reliance Industries' chief Mukesh Ambani has also committed a further Rs 500 crore to the Prime Minister's COVID-19 fund, topping up over the multi-crore initiative of India's first coronavirus hospital, meals to the needy, and fuel to emergency vehicles.Infosys Foundation, the philanthropic arm of Infosys, has committed Rs 100 crore, while a number of other companies are also extending support efforts towards fighting COVID-19 in India. South Korean consumer electronic giants Samsung and LG have said they will provide help to local authorities in India, offering preventive kits, infrared thermometers and consumer durables to hospitals, to help fight the spread of the dadly coronavirus.COVID-19 infection, which originated in Wuhan in China, has spread across the world and claimed over 34,000 lives. Countries like South Korea, Spain, Italy, Iran and the US have been badly hit.In India, the total number of COVID-19 cases has risen to 1,251, while the death toll touched 32. To combat the spread, the government had announced a 21-day lockdown that ends on April 14. SR MKJ

Xiaomi commits Rs 15 cr to fight against COVID-19

<ul><li>Realme’s new Narzo smartphone series that was scheduled to launch on April 21 has been postponed indefinitely.</li><li>Xiaomi postponed the launch of Mi 10 that was scheduled for March 31</li><li>Vivo too postponed the launch of Vivo V19.</li><li><a href="https://www.businessinsider.in/searchresult.cms?query=coronavirus&amp;sortorder=effectivedate">Follow the comprehensive coverage of the Coronavirus pandemic and its impact, and other useful resources that can help you in the fight on Business Insider India</a>.</li></ul>India is currently under an extended 19-day nationwide lockdown to control the spread of Coronavirus pandemic. The lockdown was announced by Prime Minister Narendra Modi and will end on May 3. Coronavirus adversely affected businesses in the country as only essential services are allowed to operate during the lockdown. The smartphone industry has also been affected by this as Xiaomi, Realme and Vivo decided to postpone their India launches. Smartphone launches postponed due to Coronavirus Realme Narzo 10 and Realme Narzo 10A Realme was scheduled to unveil a new series, Narzo, which was expected to take on the recently announced Poco brand. The company said that the launch of Narzo 10 and Narzo 10A has been postponed indefinitely in India. "In alignment with the recent order shared by the Ministry of Home Affairs (MHA), Government of India on the prohibition of the supply of non-essential goods by e-Commerce companies, realme has decided to postpone the online sales of its smartphones and the launch of its Narzo series until further notice," the company said in a statement. Xiaomi Mi 10 The Xiaomi Mi 10 was first introduced in China on February 14 and was set to make its debut in India this month on March 31. Xiaomi India MD, Manu Kumar Jain took to <a href="https://twitter.com/manukumarjain/status/1242744844050563072">Twitter</a> to announce that the company is focusing its energy to support the nation against Coronavirus and has decided to postpone the launch of Mi 10. In his tweet, Manu Kumar Jain said, “We, at Xiaomi India, are focusing our energy to support the nation in its fight against COVID-19. After careful deliberation, we've decided to postpone the launch of Mi 10 in India, which was scheduled for 31st March 2020.” Vivo V19 Vivo was scheduled to announce its flagship smartphone, the Vivo V19 in India on March 26. It decided to postpone the launch due to the Coronavirus pandemic. The company has not revealed when it will launch the device in India. See also: <a href="https://www.businessinsider.in/pm-narendra-modi-24th-march-speech-highlights-and-updates/articleshow/74796963.cms/">Prime Minister Modi declares 21-day nationwide lockdown starting midnight</a> <a href="https://www.businessinsider.in/business/auto/news/even-as-bs4-deadline-approaches-6400-crore-worth-vehicles-remain-unsold-due-to-coronavirus/articleshow/74807510.cms">₹6,400 crore worth BS4 vehicles remain unsold due to Coronavirus</a> <a href="https://www.businessinsider.in/india/news/those-who-violate-coronavirus-lockdown-could-be-jailed-for-2-years-and-fined/articleshow/74807160.cms">Those who violate Coronavirus lockdown could be jailed for 2 years and fined</a>

Realme Narzo smartphone launch postponed indefinitely in India

<ul><li>As the country continues to grapple with the second wave of coronavirus pandemic, healthcare and frontline workers are racing against time to contain its spread.</li><li>In this fight against coronavirus, a few <keyword id="31174" type="PERSON" weightage="20" keywordseo="brands">brands</keyword> have stepped forward to help our country deal with the crisis.</li><li>From amplifying requests on Twitter to donating money to government bodies, here’s how brands are trying to do their bit.</li><li>This is a regularly updated list to track how brands are helping India. </li></ul>As of April 27, there are 17.3 million+ active COVID cases in India. Several health institutions have run out of beds and oxygen supply and have kept the patients on a long waiting list. Our social media feeds are full of appeals for help, looking for plasma donors, oxygen concentrators or ICU beds. As India’s healthcare system continues to be under pressure, citizens have taken to Twitter to help each other out during these testing times. Indian corporations, multinational brands and young home-grown start-ups have also stepped forward to do their bit and help the country survive this phase. Tech giants Tech giant Amazon has come forward to donate 10,000 oxygen concentrators to India. Google's Sundar Pichai has announced that the company will be donating a relief fund of Rs 135 crore to UNICEF and the non-profit Give India for medical supplies, supporting high-risk communities, and grants to help spread critical information about the deadly virus. Microsoft’s Satya Nadella said that the company will continue to use its voice, resources, and technology to aid relief efforts, and support the purchase of critical oxygen concentration devices. FMCG FMCG Giant P&amp;G announced that it will contribute towards the vaccination of over 5 lakh Indian citizens by pledging Rs 50 crore in partnership with the government and local authorities in India. It will also continue to extend its support to the broader community through the donation of products, in-house manufactured masks and sanitizers especially to aid frontline and essential workers who are tirelessly working to combat the spread of COVID-19. The company will continue to leverage its advertising and brand voice responsibly to increase awareness on health, safety and hygiene measures among consumers and the community. FMCG giant Amway is donating US $1 million (approx. Rs 7.50 crores) to support the COVID relief efforts. The donation amount will be used to facilitate COVID-19 resources such as ventilators, oxygen concentrators among others, to accelerate the <keyword id="8764728" type="UNKNOWN" weightage="20" keywordseo="covid-19">COVID 19</keyword> relief work. Mankind Pharma also pledged to donate a sum of Rs 100 crore for the families of deceased doctors, police officers, pharmacists, and other healthcare workers. Marico Limited has donated sanitizers worth Rs 1 crore across various cities to frontline professionals including government <keyword id="6411917" type="UNKNOWN" weightage="20" keywordseo="organisations">organisations</keyword>, police, hospitals and health staff. The distribution of these kits has already begun in Tamil Nadu and the FMCG giant will continue to expand its reach to include more beneficiaries across multiple states. Start-ups Delivery platforms Zomato and Dunzo have assured help to India as it continues to fight a ravaging crisis. Foodtech platform Zomato and its NGO Zomato Feeding India rolled out a priority delivery feature for Covid-19 emergencies, including oxygen, Chief Executive Officer Deepinder Goyal announced on Twitter. It is aiming to raise Rs 50 crore. Dunzo has opened its social media platform to those who need their request amplified. CRED’s Founder Kunal Shah announced that the platform will be sourcing 1 billion litre of oxygen for India. In association with NGO Milaap, every 10,000 CRED Coin will go towards 1,000 litre of oxygen. Another payment platform Paytm claims to have sourced supplies of different sizes of oxygen concentrators and is raising ₹10 crore to donate them to health institutions across the country. It has already collected ₹1 crore. <a href="https://info.coindcx.com/crypto-covid-care/" data-type="tilCustomLink">CoinDCX</a>, an Indian cryptocurrency exchange platform, allows you to donate your cryptocurrencies. It is donating the collected funds to Help Uday Foundation to provide Care Kits to Fight Coronavirus and Donate Dry Ration to families struggling with hunger in Covid Second Wave. International brands Mobile brands Xiaomi and OnePlus have also come forward to help ease the burden off India’s healthcare system. Xiaomi has pledged Rs 3 crore for relief efforts and OnePlus is amplifying the appeals of those facing COVID-19 emergencies and seeking help on Twitter. Vivo, another smartphone brand, announced donation of Rs 2 crore to aid COVID-19 relief efforts and help acquire Oxygen concentrators. The Walt Disney Company and Star India have pledged financial support of Rs 50 crore towards the ongoing COVID-19 relief efforts in India. The proceeds will be utilized to aid relief efforts and towards the procurement of critical healthcare equipment, including oxygen concentrators, BiPAP, and ventilators along with setting up oxygen plants across hospitals. Indian corporations The Tata Group announced that it is importing 24 cryogenic containers to transport liquid oxygen and help ease the oxygen shortage in the country. Its subsidiaries like Tata Steel are also supplying 200-300 tons of Liquid Medical Oxygen daily to various State governments and hospitals. Honda India Foundation will be setting up temporary COVID Care isolation centers and Oxygen Production Plants. A 100-bed facility is being created at Honda’s warehouse facility in Manesar in Haryana and another 50-100 bed facility at the Government Girl School in Tapukara, Rajasthan. These temporary COVID-19 care centers are expected to commence operation from May 17 onwards. Similar isolation centers are being explored in other locations. The foundation is also working with State Governments to set up Oxygen Production Plants in the districts of Kolar (Karnataka), Gautam Budh Nagar (Uttar Pradesh), Alwar (Rajasthan) and Manesar (Haryana). Last but not the least, Reliance Industries is donating 100 tonnes of oxygen to worst-hit COVID states in India.

From CRED to Google, here’s how brands are helping India fight against COVID-19

In a bid to help India, in its fight against the second and more lethal wave of coronavirus, <keyword id="18635" type="COMPANY" weightage="20" keywordseo="Amazon">Amazon</keyword> has sent <keyword id="11284817" type="UNKNOWN" weightage="20" keywordseo="critical-medical-equipment-worth">critical medical equipment worth</keyword> over $5 million to support hospitals and other <keyword id="8764262" type="COMPANY" weightage="20" keywordseo="covid">Covid</keyword> care facilities across India, the e-commerce giant said on Wednesday. The critical life-saving equipment includes 82 <keyword id="11284816" type="UNKNOWN" weightage="20" keywordseo="anaesthesia-ventilators">anaesthesia ventilators</keyword>, 1,238 BiPAP machines and 60 ventilators. The medical equipment will be distributed to Amazon's on-the-ground community partners such as the American India Foundation, ACT Grants and Swasth, who will distribute to verified hospitals and non-profit organisations across the country to ensure it reaches communities where it is needed the most. In addition, Amazon is also donating transportation services to the American non-profit organisation India Association of Western Washington and working to support the US Chamber of Commerce Foundation and other US non-profit organisations to help get medical supplies to India. The e-commerce giant is also part of the US Chamber of Commerce's Global Task Force to help India combat Covid-19. Early, this month, <keyword id="6354743" type="COMPANY" weightage="20" keywordseo="Amazon-India">Amazon India</keyword> announced that it is working with global sellers on its marketplace to help them bring in about 9,000 oxygen concentrators for customers in the country. In April, the company announced that they are importing and donating 100 ventilator units. SEE ALSO <a target="_blank" class="c-link" href="https://www.businessinsider.in/tech/mobile/news/xiaomi-oppo-vivo-and-poco-extend-warranties-by-up-to-two-months-due-to-covid-19-lockdowns-and-restrictions/articleshow/82763113.cms">Xiaomi, Oppo, Vivo and Poco extend warranties by up to two months due to COVID-19 lockdowns and restrictions</a> <a target="_blank" class="c-link" href="https://www.businessinsider.in/tech/mobile/news/android-12-beta-how-to-download-and-install-it-on-pixel-oneplus-xiaomi-realme-phones-among-others/articleshow/82760990.cms">Android 12 beta – how to download and install it on Pixel, OnePlus, Xiaomi, Realme phones among others</a> <a target="_blank" class="c-link" href="https://www.businessinsider.in/business/corporates/news/adani-green-energy-to-acquire-sb-energy-india/articleshow/82759578.cms">Adani Green Energy to acquire SB Energy India, boosting its renewable energy capacity by 4.9GW</a>

Amazon donates medical equipment worth $5 million to help India fight against COVID-19 surge

Here's what you need to know before the markets open.1. <a href="https://markets.businessinsider.com/news/stocks/stocks-oil-jump-china-manufacturing-pmi-europe-coronavirus-gains-2020-3-1029048059">'A glimmer of hope': Stocks, oil jump on signs of a Chinese manufacturing recovery and progress in the coronavirus fight in Europe</a>. Analysts were skeptical of the Chinese PMI reading, arguing it was "incompatible" with past figures.2. <a href="https://www.businessinsider.com/global-mergers-acquisitions-plunge-11-year-low-coronavirus-fears-deals-2020-3?r=US&amp;IR=T">Global M&amp;A plunges to 11-year low as coronavirus fears discourage deals</a>. Worldwide transactions totaled $12.5 billion, the smallest weekly value since April 2009 per Refinitiv data.3. <a href="https://www.businessinsider.com/hellofresh-shares-at-record-high-on-virus-sales-boost-2020-3?r=US&amp;IR=T">HelloFresh shares hit record high due to virus sales boost</a>. The meal-kit delivery firm expects strong first-quarter sales and profits as coronavirus lockdowns lift demand.4. <a href="https://www.businessinsider.com/huawei-posts-56-rise-in-2019-profit-smallest-increase-in-three-years-2020-3?r=US&amp;IR=T">Huawei posts 5.6% rise in 2019 profit, the smallest increase in 3 years</a>. The Chinese telecoms titan suffered from weak overseas sales and barriers to its global expansion due to security concerns.5. <a href="https://www.businessinsider.com/ikea-starts-producing-protective-gear-for-health-care-workers-2020-3?r=US&amp;IR=T">IKEA starts producing protective gear for healthcare workers</a>. The world's biggest furniture brand is making aprons and facemasks for hospitals dealing with the novel coronavirus pandemic.6. <a href="https://www.businessinsider.com/ford-delays-north-american-production-on-coronavirus-safety-concerns-2020-3?r=US&amp;IR=T">Ford delays North American production due to coronavirus safety concerns</a>. The US auto giant previously aimed to restart output as early as April 6.7. <a href="https://www.businessinsider.com/apple-supplier-japan-display-finalizes-deal-to-raise-200-million-from-customer-2020-3?r=US&amp;IR=T">Apple supplier Japan Display finalizes deal to raise $200 million from 'an overseas customer.'</a> Apple is forking over the funds to the maker of smartphone screens, sources told Reuters.8. <a href="https://markets.businessinsider.com/news/stocks/stocks-oil-jump-china-manufacturing-pmi-europe-coronavirus-gains-2020-3-1029048059">Stocks are mixed</a>. In Europe, Germany's DAX was flat, Britain's FTSE 100 rose 0.4%, and the Euro Stoxx 50 fell 0.4%. In Asia, China's Shanghai Composite rose 0.1%, Hong Kong's Hang Seng rose 1.9%, and Japan's Nikkei fell 0.9%. In the US, futures underlying the Dow Jones Industrial Average and the S&amp;P 500 fell between 0.3% and 0.4%, while Nasdaq futures were flat.9. <a href="https://markets.businessinsider.com/earnings-calendar?p=1#date=03/31/2020&amp;name=&amp;countries=&amp;eventtypes=103,99&amp;tab=ALL">There's a raft of earnings out</a>. Xiaomi and Conagra Brands are two highlights.10. <a href="https://markets.businessinsider.com/economic-calendar#date=03/31/2020&amp;name=&amp;countries=us&amp;eventtypes=&amp;tab=1,2,3">Key data is due</a>. Investors will be hungry for insights into US consumer confidence.

10 things you need to know before the opening bell

<keyword id="6358777" type="LOCATION" weightage="20" keywordseo="New-Delhi">New Delhi</keyword>, <keyword id="6367091" type="LOCATION" weightage="20" keywordseo="petrol">Petrol</keyword> and <keyword id="6356109" type="UNKNOWN" weightage="20" keywordseo="diesel">diesel</keyword> prices maintained its northward rally on Saturday amid firm global prices with the benchmark Brent crude gaining over 2 per cent on a single day to cross $62 a barrel mark. Accordingly, oil marketing companies raised the pump price of diesel by year high level of 36 paise per <keyword id="88122" type="PERSON" weightage="20" keywordseo="Litre">litre</keyword> and petrol by another 30 paise per litre in <keyword id="66" type="LOCATION" weightage="20" keywordseo="Delhi">Delhi</keyword>. With this increase, the fifth consecutive this week, petrol is now priced at Rs 88.44 a litre and diesel Rs 78.74 a litre in the national capital. Across the country as well the petrol prices increase ranged from 25-30 paise per litre and diesel price 30-40 paise per litre. depending on the level of local taxes on the two petroleum products. In Mumbai, petrol prices is just Rs 5 per litre short of touching three digit mark of Rs 100 per litre for the very first ever anywhere in the country. Diesel prices in the city is closing on on Rs 90 a litre. In all other metros, petrol is either a over Rs 90 a litre mark or just a shade below that level while diesel is over Rs 80 a litre barring Delhi. The increase on Saturday has followed the firming global crude oil prices that have maintained record streak of gains in past few days reaching over $62 a barrel mark. But experts said that fresh lockdown in various parts of the globe on new coronavirus strain may impact fend and push down prices soon. Though firm global crude and product price is the reason for the increase in retail price of petrol and diesel, it is interesting to note that even though crude has been hovering just over $55 a barrel for a long time earlier, OMCs had gone in for both a pause in price of auto fuels as well increase in its retail prices on consecutive days. Crude price have remained firm for last few weeks in wake of unilateral production cuts announced by Saudi Arabia and a pick up in consumption in all major economies globally. The petrol and diesel prices have increased 17 times in 2021 with the two auto fuels increasing by Rs 4.73 and Rs 4.87 per litre respectively, so far this year. The last few increases in pump prices in petrol and diesel has taken its price to record levels across the country in all major metro cities and other towns. The last time the retail price of auto fuels were closer to current levels was on October 4, 2018 when crude prices had shot up up $ 80 a barrel. The current price rise is largely on account of steep increase in central taxes of petrol and diesel and firm crude prices. The budget has also imposed a new agriculture infrastructure and development cess. Oil minister <keyword id="197418" type="PERSON" weightage="20" keywordseo="Dharmendra-Pradhan">Dharmendra Pradhan</keyword> has ruled out any cut in duty on petro products. Petrol price was very close to breaching the all-time high level of Rs 84 a litre (reached on October 4, 2018) when it touched Rs 83.71 a litre on December 7, 2020. But the march had been halted ever since then with no price revision by the OMCs in the month. The price rise started again only on January 6. Oil companies executives said that petrol and diesel prices may increase further in coming days as retail prices may have to be balanced in line with global developments to prevent OMCs from making loss on sale of auto fuels. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/comparison-between-realme-x7-pro-5g-and-xiaomi-mi-10i-mobile-phones-with-price-and-specifications/articleshow/80873224.cms">Realme X7 Pro 5G vs Xiaomi Mi 10i – best mid-range device under ₹30,000 in India</a> <a href="https://www.businessinsider.in/defense/news/experts-say-india-and-china-both-need-to-show-their-voters-that-they-won-in-ladakh-for-the-disengagement-to-be-successful/articleshow/80876036.cms">Experts say India and China both need to show their voters that they won in Ladakh⁠ for the disengagement to be successful</a> <a href="https://www.businessinsider.in/business/ecommerce/news/why-grofers-may-allow-an-american-blank-cheque-firm-to-buy-it-out-instead-of-fighting-ambani-and-bigbasket-for-ipo/articleshow/80874979.cms">Here’s why Grofers may allow an American “blank cheque” firm to buy it out instead of fighting Ambani and BigBasket for IPO</a>

You Searched For "xiaomi fighting coronavirus" and got 8 results

Xiaomi India pledges ₹15 crore donation towards fighting Coronavirus

Rounak Jain

Chinese smartphone maker Xiaomi to donate N95 masks, Hazmat suits to help fight Coronavirus in India

Rounak Jain

Xiaomi commits Rs 15 cr to fight against COVID-19

PTI

Realme Narzo smartphone launch postponed indefinitely in India

Rounak Jain

From CRED to Google, here’s how brands are helping India fight against COVID-19

Karuna Sharma

Amazon donates medical equipment worth $5 million to help India fight against COVID-19 surge

IANS

10 things you need to know before the opening bell

Theron Mohamed

Diesel price rise highest in Delhi by 36 paise per litre

IANS

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