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....
New Delhi : The Indian basket of imported crude oils gained nearly $3.50 a barrel during last week even as petrol prices in the country touched their highest levels since Prime Minister Narendra Modi assumed office three years ago, official data showed on Monday. The...
Washington : The US Commerce Department has launched an anti-dumping and countervailing duty probes against imports of stainless steel flanges from India and China. The probes were initiated on Wednesday based on petitions filed by the Coalition of American Flange...
Kolkata : Coal India Ltd (CIL) on Friday said it is expecting to garner about Rs 527 crore of additional annual revenue with revisions in sizing, loading charges and additional charges for supply of slack and steam coal. "Coal India Ltd in its 346th Board meeting held...
New Delhi : The growth in production in India's eight major industries accelerated during July when total output grew by 2.4 per cent in comparison with a 0.8 per cent marginal increase during the previous month, official data showed on Thursday. The Index of Eight...
Mumbai : A day after closing at their lowest levels in a week's time, key Indian equity indices -- the NSE Nifty50 and the BSE Sensex -- on Wednesday surged on the back of positive global cues and healthy buying in metal, oil and gas, and banking stocks. According to...
New Delhi : The union government has imposed stock limit on sugar mills to keep sugar prices under control during the festive season and also enabled states to impose control measures on traders of onion in view of "abnormal rise" in its prices in recent weeks despite...
Khartoum : Sudan and South Sudan on Thursday discussed means of re-operating South Sudanese oil fields that were halted due to the civil war which erupted in 2013. Sudanese capital Khartoum on Thursday hosted technical talks, chaired by under-secretaries at oil...
Mumbai : The Ruia brothers-led Essar Group on Tuesday said it will pay an additional Rs 75.48 per share to ex-shareholders of Essar Oil (EOL) who tendered their shares at the open offer prior to the delisting of the company, which was sold to Russia's Rosneft-led...
Kolkata : India's steel consumption in July rose by 3.7 per cent to 6.905 million tonnes (mt) over corresponding month last year and exports in the last month grew by 64 per cent, the Steel Ministry's latest report said on Saturday. "Overall consumption in July at...