New York, (IANS) : Oil prices rallied for a second session after government data showed the US oil stockpiles decreased last week. The West Texas Intermediate for November delivery on Thursday added 98 US cents to settle at $46.32 a barrel on the New York Mercantile...
New Delhi, (IANS) : The sixth tranche of Sovereign Gold Bond (SGB) is expected to rake in more than Rs 820 crore that is expected to be realised from the fifth tranche issue, the Union Finance Ministry said on Thursday. In a statement issued here, the Finance Ministry...
Tripoli, (IINA) : An oil tanker left the Libyan port of Ras Lanouf for Italy on Tuesday, the first shipment since fighting erupted over control of the "oil crescent" two years ago, AFP reported quoting an official. "The Maltese-flagged vessel Seadelta has just left...
Kolkata, (IANS) : Coal India Ltd (CIL), which produces 84 per cent of country's coal output, "needs to step up to a double digit growth rate from that of around 9 per cent achieved during 2015-16" to meet its production targets, company Chairman Sutirtha Bhattacharya...
Kolkata, (IANS) : Despite falling imports of steel, the domestic consumption of the commodity in August grew by only one per cent compared with the same month last year, a Steel Ministry report said. "India's consumption of finished steel at 33.743 million tonnes saw...
Agartala, (IANS) : After the first round of shipment of diesel and cooking gas to Tripura via Bangladesh on September 10, India will ferry more petroleum products through the same route over the next two weeks, officials here said on Tuesday. "Twelve LPG (Liquefied...
New York, (IANS) : Oil prices increased as investors raised expectation for a market support deal from OPEC (Organization of the Petroleum Exporting Countries). The West Texas Intermediate for October delivery on Monday added $0.27 to settle at $43.30 a barrel on the...
Caracas, (IANS) : The Non Aligned Movement (NAM) summit of leaders gets underway in Venezuelas Margarita Island on Saturday, which will be an occasion for Venezuela to gather support for a global deal to bolster oil prices, Venezuelan Petroleum Minister Eulogio del...
New Delhi, (IANS) : Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan reviewed the availability of pulses in the country and urged importers to maintain transparency in the matter, a ministry source said. "There is a need for the...
New Delhi, (IANS) : Amid the recent fluctuation in global oil prices, state-run Indian Oil Corp (IOC) late on Thursday moved in contradictory ways on transport fuels, increasing the price of petrol by 58 paise a litre and decreasing diesel by 31 paise per litre...