New Delhi : Finance Minister Arun Jaitley will soon write to all state Chief Ministers urging them to cut sales tax, or value added tax (VAT), on petrol an diesel, Petroleum Minister Dharmendra Pradhan said on Wednesday. "We have proactively cut excise duty. Now it is...
New Delhi : The Adani Group's entire A$3.5 billion (Rs 178 billion) debt-funded 'investment' in Australia is gravely at risk, the US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Monday. In a new report it details how Adani's Abbot Point...
New Delhi : The United States, the latest entrant in the league of oil exporters, is a natural partner to India in terms of transforming the country's economy and meeting the needs of the people through technology, an US government official said here on Friday. The...
New Delhi : In a bid to reach out to customers globally, fast moving consumer goods (FMCG) major Dabur India on Tuesday said it has tied up with global e-commerce giant Amazon to launch around 30 products on the platform. The company said under this collaboration,...
New Delhi : The government is keen to make the gold market transactions more transparent, Manoj Kumar Dwivedi, joint secretary, Ministry of Commerce and Industry said here on Friday. "The government's objective is to make the gold industry transparent throughout the...
New Delhi : Former Reserve Bank of India Governor C. Rangarajan on Friday said the package the government is looking at to revive the economy should be partly to raise capital expenditure and look at problems preventing private investments from rising. "The package in...
Doha : Qatar will sign a 15-year agreement with Bangladesh to export liquefied natural gas (LNG) starting from 2018. According to the agreement, which will be signed on September 25, Qatar's RasGas will provide to Bangladesh an annual of 1.8 million tonnes of LNG for...
Kolkata : State-run miner Coal India Ltd is emphasising on "quick" and "swift" exploitation of the domestic fossil fuel reserves in order to meet future demand and reduce imports, an official said here on Thursday. "The large planned new coal based thermal capacity is...
Moscow : Russia will become the world's second largest gold producer after the largest mining and smelting facility was launched, said the press service of the Ministry for the Development of the Russian Far East. After the facility was launched by Russia's gold...
Mumbai : Stocks of three state-owned oil marketing companies (OMCs) tanked by as much as six per cent on Wednesday following reports that the government was mulling placing curbs on their newly acquired powers to determine transport fuel prices on a daily basis....