New Delhi, (IANS) : State-run Indian Oil Corp (IOC) has reduced price of petrol by Rs 2.16 per litre and that of diesel by Rs 2.10 a litre excluding state levies. According to IOC, the current level of international prices of petrol, diesel and the Indian rupee-US...
Beijing (IINA) : Saudi Arabia and Russia, the world's two top oil producers, agreed on Monday to extend oil output cuts for a further nine months until March 2018 in a bid to erode a global crude glut, pushing up prices, Reuters reported. In a joint statement that...
Dubai, (NNN-WAM) : Aluminium Middle East, the region’s largest aluminium industry event, will once again showcase Middle East’s growing industry at its 5th edition starting Monday. With more than 150 exhibitors, the event is expected to attract over 3,500 industry...
By Meghna Mittal, New Delhi, (IANS) : Despite petrol and petroleum products, including diesel and natural gas, being exempt under the GST, practically all filling stations will come under the tax ambit as they also sell lubricants and distilled water, which are not...
Kolkata, (IANS) : Coal India, the largest coal producer in the world, is engaging a tax consultant to assist the miner and its subsidiaries in getting ready for the Goods and Services Tax (GST) and indirect taxes for the miner. It has floated a tender to appoint a tax...
New Delhi, (IANS) : The central government on Wednesday approved a policy which mandates preference to domestically manufactured iron and steel products (DM1&SP), in government procurement. The decision was taken by the Union Cabinet, whose meeting was chaired by...
Austin, (IANS) : Saudi Aramco, the Saudi Arabia's state-owned oil behemoth, took 100 per cent control of the sprawling Port Arthur refinery in Texas on Monday, completing a deal that was first announced last year. Port Arthur is considered the crown jewel of the US...
New Delhi, (IANS) : With the ongoing fluctuation in global crude oil rates, state-run Indian Oil Corp (IOC) has marginally hiked the price of transport fuels, of petrol by 1 paisa and of diesel by 44 paise both at Delhi with corresponding increases in other states,...
New Delhi/Mumbai/Kolkata/Bengaluru/Chennai, (IANS) : With cash flow almost normalising after demonetisation, customers on Friday thronged jewellery shops across the country to celebrate Akshaya Tritiya. "We are seeing good footfall in our stores. In the last two...
Beijing, (IANS) : China's steel industry group has voiced concern over the US launching a probe into its steel imports, saying the move sends a signal of protectionism and is against the principles of fair trade, a media report said on Thursday. The China Iron and...