New Delhi, (IANS) : The Indian basket of crude oils closed trade on the last trading day on Thursday at nearly $55 a barrel, even as OPEC members Saudi Arabia and Iraq raised prices of crude exports to Asia and the US and began talks with buyers to reduce supplies in...
Tripoli, (IINA) : Libya was producing 685,000 barrels of oil per day on Sunday, up from around 600,000 barrels a day last month, an official from the National Oil Corporation (NOC) said. Output has risen after a two-year blockade was lifted two weeks ago on major...
National Conference on “Soy nutrition and Soy opportunities: Creating Linkages “at Taj Santacruz in Mumbai Mumbai: India is home to the largest population of severely malnourished children in the world, and child malnutrition is a risk factor for 22.4% of total...
Mumbai, (IANS) : Over 90 per cent shareholders of Tata Steel voted to remove industrialist Nusli Wadia as independent Director of the company, it announced on Thursday. According to a Tata Steel statement, 90.80 per cent of company shareholders voted Wadia out of its...
By Biswajit Choudhury, New Delhi, (IANS) : The defining moment for the oil sector came towards the end of the year with the deal between OPEC and non-OPEC countries on cutting production, which immediately boosted crude prices, while in a move designed to increase...
New Delhi, (IANS) : In a move to improve fuel availability and cut its transportation cost, the government on Wednesday allowed swapping of coal between public sector and private sector companies. "Only today (Wednesday) I have approved the proposal. Henceforth,...
By Rohit Vaid, Mumbai, (IANS) : The central government's efforts to build consensus on the countours of the Goods and Services Tax (GST), along with rupee fluctuations and volatility in global crude oil prices, are expected to set the course for the Indian equity...
Kolkata, (IANS) : Coal India Ltd (CIL) on Tuesday reported a 77.38 percent fall in consolidated net profit to Rs 600.44 crore in the quarter ended September 30, 2016 as compared to Rs. 2,654.35 crore in the same quarter last year. Its total income from operations for...
New Delhi, (IANS) : The Indian basket of crude oils gained more than $3 a barrel over the weekend even as global prices surged to an 18-month high after a landmark deal to reduce output was agreed on by the worlds largest producers, including Saudi Arabia and Russia....
New York, (IANS) : Oil prices increased on Monday after oil producers outside the Organisation of the Petroleum Exporting Countries (OPEC) agreed to reduce output. Non-OPEC oil producers, led by Russia, agreed on Saturday to reduce crude output by 558,000 barrels per...