Tehran : Iranian Petroleum Ministry has said that there has been no major change in Iran's production and export of crude oil despite US sanction threats. Iran has plans to counter US President Donald Trump's threats to stop Iran's oil sales, and "the plans are...
Mumbai : Noting that Reliance Industries (RIL) has successfully commissioned both the world's largest paraxylene and off-gas cracker facilities at its refinery in Jamnagar in Gujarat, Chairman Mukesh Ambani said on Thursday that the company is looking at delivering...
New Delhi : Union Minister Ram Vilas Paswan on Tuesday said there cannot be two different policies for farmers and businessman even as he demanded assured 50 per cent profit for agricultural commodities. "Nobody knows the production cost of cars and the profit margin...
Kolkata : Coal India Ltd (CIL) on Sunday said its production during April-June period of the current fiscal grew by 15.2 per cent over corresponding period last year and its off-take also increased by 11.7 per cent during the first quarter of this year over same...
New Delhi : The price of non-subsidised LPG cooking gas will be hiked by Rs 55.50 per cylinder in New Delhi, and that of the subsidised one by a marginal Rs 2.71, effective July 1. According to Indian Oil Corporation, the increase is mainly on account of GST on...
Tehran : The US efforts to ban Iran's oil exports will be futile as it is not an easy task to block the country's crude from the global market, an Iranian oil official said on Wednesday. Although some European companies, such as Shell and Total, have stopped buying...
Tehran : Iran announced a list of imported goods to be banned in a move to protect domestic products, media reports said on Sunday. All the banned items have their similar domestic alternatives, Farhad Noori, the Managing Director of Commerce Services of Trade...
New Delhi : A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 percent, to nearly double over the 2.26 percent registered in May last year and higher than the 3.18 percent recorded in April, 2018, Commerce...
Dubai : The United Arab Emirates' (UAE) biggest free zone Dubai Multi Commodities Center (DMCC) welcomed Islamic Bank of Afghanistan as its newest member, DMCC said on on Saturday. The bank, Afghanistan's first Islamic bank, will use service facilities of DMCC in...
Makkah : Members of the Saudi Arabian Scouts Association, serving Umrah pilgrims at the Grand Mosque, have been in joint efforts with staff at the Ministry of Trade and Investment to monitor commodity prices in Makkah. The scouts are ensuring that sellers are adhering...